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SEGMENT INFORMATION (Details) (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
SEGMENT INFORMATION        
Intersegment sales or transfers $ 0 $ 0 $ 0 $ 0
Revenues:        
Total before interest income 5,179,000 12,352,000 18,470,000 28,005,000
Interest income 3,000 6,000 32,000 21,000
Total revenues 5,182,000 12,358,000 18,502,000 28,026,000
Depletion, depreciation, and amortization:        
Total depletion, depreciation, and amortization 1,372,000 2,456,000 6,383,000 8,171,000
Reduction of carrying value of assets:        
Total reduction of carrying value of assets     4,506,000 1,854,000
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss) 1,034,000 408,000 (1,495,000) 1,862,000
General and administrative expenses (2,105,000) (1,877,000) (6,354,000) (6,090,000)
Interest expense (146,000) (200,000) (442,000) (638,000)
Interest income 3,000 6,000 32,000 21,000
Loss before income taxes (1,214,000) (1,663,000) (8,259,000) (4,845,000)
Oil and natural gas
       
Revenues:        
Total before interest income 4,774,000 4,940,000 16,019,000 19,137,000
Depletion, depreciation, and amortization:        
Total depletion, depreciation, and amortization 1,253,000 2,299,000 5,983,000 7,701,000
Reduction of carrying value of assets:        
Total reduction of carrying value of assets     4,506,000  
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss) 1,115,000 199,000 (1,918,000) 3,461,000
Land investment
       
Revenues:        
Total before interest income   129,000 282,000 482,000
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss)   129,000 282,000 482,000
Contract drilling
       
Revenues:        
Total before interest income 248,000 1,212,000 1,668,000 1,918,000
Depletion, depreciation, and amortization:        
Total depletion, depreciation, and amortization 91,000 128,000 314,000 385,000
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss) (210,000) 28,000 (274,000) (620,000)
Residential real estate
       
Revenues:        
Total before interest income   5,975,000   5,975,000
Reduction of carrying value of assets:        
Total reduction of carrying value of assets       1,854,000
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss)   (15,000)   (1,869,000)
Other
       
Revenues:        
Total before interest income 157,000 96,000 501,000 493,000
Depletion, depreciation, and amortization:        
Total depletion, depreciation, and amortization 28,000 29,000 86,000 85,000
Operating profit (loss) (before general and administrative expenses):        
Total operating profit (loss) $ 129,000 $ 67,000 $ 415,000 $ 408,000