XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues:    
Oil and natural gas $ 953 $ 1,141
Contract drilling 842 1,406
Sale of interest in leasehold land 0 1,678
Gas processing and other 61 65
Total revenues 1,856 4,290
Costs and expenses:    
Oil and natural gas operating 658 846
Contract drilling operating 821 1,164
General and administrative 1,481 2,027
Depletion, depreciation, and amortization 280 324
Total costs and expenses 3,240 4,361
Loss before equity in (loss) income of affiliates and income taxes (1,384) (71)
Equity in (loss) income of affiliates (153) 2,326
(Loss) earnings before income taxes (1,537) 2,255
Income tax (benefit) provision (503) 53
Net (loss) earnings (1,034) 2,202
Less: Net (loss) earnings attributable to non-controlling interests (17) 561
Net (loss) earnings attributable to Barnwell Industries, Inc. $ (1,017) $ 1,641
Basic and diluted net (loss) earnings per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.12) $ 0.20
Weighted-average number of common shares outstanding:    
Basic and diluted (in shares) 8,277,160 8,277,160