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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Oil and natural gas $ 7,559,000 $ 5,947,000 $ 21,220,000 $ 20,650,000
Contract drilling 490,000 1,599,000 2,871,000 4,882,000
Sale of interest in leasehold land, net 681,000 1,128,000 1,245,000 3,347,000
Sale of development rights, net     2,497,000 2,497,000
Gain from drilling royalty credits 98,000   1,424,000  
Gas processing and other 161,000 105,000 332,000 328,000
Total revenues 8,989,000 8,779,000 29,589,000 31,704,000
Costs and expenses:        
Oil and natural gas operating 2,965,000 2,659,000 8,445,000 7,518,000
Contract drilling operating 833,000 1,819,000 3,044,000 4,203,000
General and administrative 1,201,000 1,591,000 7,334,000 6,001,000
Depletion, depreciation, and amortization 2,461,000 2,163,000 7,334,000 6,817,000
Reduction of carrying value of assets     311,000 798,000
Interest expense 242,000 326,000 862,000 906,000
Total costs and expenses 7,702,000 8,558,000 27,330,000 26,243,000
Earnings before income taxes 1,287,000 221,000 2,259,000 5,461,000
Income tax provision (benefit) 400,000 (282,000) 1,279,000 852,000
Net earnings 887,000 503,000 980,000 4,609,000
Less: Net earnings attributable to non-controlling interests 85,000 189,000 556,000 853,000
Net earnings attributable to Barnwell Industries, Inc. $ 802,000 $ 314,000 $ 424,000 $ 3,756,000
Basic net earnings per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ 0.10 $ 0.04 $ 0.05 $ 0.45
Diluted net earnings per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ 0.10 $ 0.04 $ 0.05 $ 0.45
Weighted-average number of common shares outstanding:        
Basic (in shares) 8,277,160 8,277,160 8,277,160 8,272,732
Diluted (in shares) 8,381,762 8,277,160 8,337,633 8,272,732