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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenues:        
Revenues $ 4,582 $ 2,963 $ 9,432 $ 5,558
Costs and expenses:        
General and administrative 2,031 1,461 3,527 3,009
Depletion, depreciation, and amortization 687 758 1,392 1,577
Impairment of assets 1,637 243 1,637 2,413
Interest expense 0 0 0 4
Gain on sale of asset (1,336) 0 (1,336) 0
Total costs and expenses 6,075 4,942 11,303 12,136
Loss before equity in loss of affiliates and income taxes (1,493) (1,979) (1,871) (6,578)
Equity in loss of affiliates (25) (207) (68) (286)
Loss before income taxes (1,518) (2,186) (1,939) (6,864)
Income tax benefit 0 (35) (2) (140)
Net loss (1,518) (2,151) (1,937) (6,724)
Less: Net (loss) earnings attributable to non-controlling interests (4) (26) (9) 1
Net loss attributable to Barnwell Industries, Inc. $ (1,514) $ (2,125) $ (1,928) $ (6,725)
Basic and diluted net loss per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.18) $ (0.26) $ (0.23) $ (0.81)
Weighted-average number of common shares outstanding:        
Basic and diluted (in shares) 8,277 8,277 8,277 8,277
Oil and natural gas        
Revenues:        
Revenues $ 1,910 $ 1,924 $ 4,051 $ 3,156
Costs and expenses:        
Costs and expenses 1,285 1,249 2,498 2,586
Depletion, depreciation, and amortization 584 684 1,190 1,433
Impairment of assets 1,637 243 1,637 2,413
Contract drilling        
Revenues:        
Revenues 2,593 987 5,239 2,150
Costs and expenses:        
Costs and expenses 1,771 1,231 3,585 2,547
Depletion, depreciation, and amortization 91 60 176 117
Land investment        
Revenues:        
Revenues 0 0 0 165
Gas processing and other        
Revenues:        
Revenues 79 52 142 87
Costs and expenses:        
Depletion, depreciation, and amortization $ 12 $ 14 $ 26 $ 27