INVESTMENTS (Tables)

6 Months Ended

Mar. 31, 2015

Investments, All Other Investments [Abstract]

Summary of investments

A summary of Barnwell’s investments is as follows:

	March 31, 2015		September 30, 2014
Investment in residential parcel	$	1,192,000	$	1,192,000
Investment in land development partnerships	5,114,000		4,658,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total investments	$	6,356,000	$	5,900,000

Summarized financial information for the land development partnerships

Summarized financial information for the Kukio Resort land development partnerships is as follows:

	Three months ended March 31, 2015		Three months ended March 31, 2014
Revenue	$	6,081,000	$	1,353,000
Gross profit	$	2,982,000	$	545,000
Net earnings (loss)	$	2,143,000	$	(428,000	)

	Six months ended March 31, 2015		November 27, 2013 - March 31, 2014
Revenue	$	10,707,000	$	1,622,000
Gross profit	$	4,409,000	$	653,000
Net earnings (loss)	$	2,563,000	$	(809,000	)

Kaupulehu Developments

INVESTMENTS

Summary of Increment I percentage of sales payment revenues received

The following table summarizes the Increment I percentage of sales payment revenues received from KD I.

	Three months ended   March 31,					Six months ended   March 31,
	2015			2014		2015			2014
Sale of interest in leasehold land:
Proceeds	$	950,000		$	—	$	2,150,000		$	140,000
Fees	(133,000		)	—		(301,000		)	(20,000		)
Revenues – sale of interest in leasehold land, net	$	817,000		$	—	$	1,849,000		$	120,000