INVESTMENTS IN REAL ESTATE (Tables)

12 Months Ended

Sep. 30, 2013

INVESTMENTS IN REAL ESTATE

Summary of investments

A summary of Barnwell’s investments as of September 30, 2013 and 2012 is as follows:

Investment in two residential parcels	$	2,331,000
Investment in leasehold land interest – Lot 4C		50,000
Total investments in real estate	$	2,381,000

Kaupulehu Developments

INVESTMENTS

Summary of Increment I percentage of sales payment revenues received from WB

	Year ended September 30,
	2013				2012
Sale of interest in leasehold land:
Proceeds		$	300,000			$	512,000
Fees			(18,000	)			(30,000	)
Revenues – sale of interest in leasehold land, net		$	282,000			$	482,000