SEGMENT INFORMATION

3 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

Barnwell operates the following segments: 1) acquiring, developing, producing and selling oil and natural gas in Canada (oil and natural gas); 2) investing in land interests in Hawaii (land investment); 3) drilling wells and installing and repairing water pumping systems in Hawaii (contract drilling); and 4) developing homes for sale in Hawaii (residential real estate).

The following table presents certain financial information related to Barnwell’s reporting segments. All revenues reported are from external customers with no intersegment sales or transfers.

	Three months ended   December 31,
	2015			2014
Revenues:
Oil and natural gas	$	848,000		$	2,972,000
Land investment	129,000			1,032,000
Contract drilling	832,000			1,933,000
Other	42,000			78,000
Total before interest income	1,851,000			6,015,000
Interest income	2,000			17,000
Total revenues	$	1,853,000		$	6,032,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	274,000		$	883,000
Contract drilling	61,000			71,000
Other	27,000			25,000
Total depletion, depreciation, and amortization	$	362,000		$	979,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	(165,000	)	$	466,000
Land investment	129,000			1,032,000
Contract drilling	221,000			337,000
Other	15,000			53,000
Total operating profit	200,000			1,888,000
Equity in income of affiliates:
Land investment	163,000			88,000
General and administrative expenses	(1,841,000		)	(2,275,000		)
Interest expense	(33,000		)	(90,000		)
Interest income	2,000			17,000
Loss before income taxes	$	(1,509,000	)	$	(372,000	)