SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

12 Months Ended

Sep. 30, 2017

Schedule of financial information related to reporting segments

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.



	Year ended September 30,
	2017			2016
Revenues:
Oil and natural gas	$	4,383,000		$	3,177,000
Land investment	4,503,000			2,255,000
Contract drilling	3,938,000			2,233,000
Residential real estate	—			5,700,000
Other	113,000			216,000
Total before interest income	12,937,000			13,581,000
Interest income	93,000			46,000
Total revenues	$	13,030,000		$	13,627,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	848,000		$	1,236,000
Contract drilling	270,000			251,000
Other	85,000			120,000
Total depletion, depreciation, and amortization	$	1,203,000		$	1,607,000
Impairment:
Land investment	$	155,000		$	—
Oil and natural gas	—			1,154,000
Total impairment	$	155,000		$	1,154,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	507,000		$	(2,355,000	)
Land investment	4,348,000			2,255,000
Contract drilling	437,000			(116,000		)
Residential real estate	—			190,000
Other	28,000			96,000
Gain on sales of assets	527,000			472,000
Total operating profit	5,847,000			542,000
Equity in income of affiliates:
Land investment	2,276,000			2,624,000
General and administrative expenses	(6,976,000		)	(6,701,000		)
Interest expense	(6,000		)	(97,000		)
Interest income	93,000			46,000
Earnings (loss) before income taxes	$	1,234,000		$	(3,586,000	)

Capital Expenditures:



	Year ended September 30,
	2017		2016
Oil and natural gas	$	1,037,000	$	1,872,000
Contract drilling	229,000		66,000
Other	9,000		2,000
Total	$	1,275,000	$	1,940,000

Assets By Segment:



	September 30,
	2017		2016
Oil and natural gas (1)	$	5,910,000	$	6,323,000
Land investment (2)	3,247,000		4,744,000
Contract drilling (2)	1,543,000		1,438,000
Other:
Cash and cash equivalents	16,281,000		15,550,000
Certificates of deposit	4,413,000		—
Restricted cash	—		381,000
Corporate and other	1,626,000		3,132,000
Total	$	33,020,000	$	31,568,000

______________

(1) Primarily located in the province of Alberta, Canada.

(2) Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:



	September 30,
	2017		2016
United States	$	3,765,000	$	5,187,000
Canada	4,113,000		5,267,000
Total	$	7,878,000	$	10,454,000

Revenue By Geographic Area:



	Year ended September 30,
	2017		2016
United States	$	8,444,000	$	10,226,000
Canada	4,493,000		3,355,000
Total (excluding interest income)	$	12,937,000	$	13,581,000