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SEGMENT AND GEOGRAPHIC INFORMATION (Details) - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Revenues:    
Revenue before interest income $ 18,329,000 $ 12,013,000
Interest income 18,000 62,000
Total revenues 18,347,000 12,075,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 2,147,000 3,022,000
Impairment:    
Impairment of assets 4,376,000 5,710,000
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) 779,000 (6,905,000)
Equity in income (loss) of affiliates:    
Equity in income (loss) of affiliates 352,000 (276,000)
General and administrative expenses (5,820,000) (5,524,000)
Interest expense (3,000) (5,000)
Interest income 18,000 62,000
Loss before income taxes (4,674,000) (12,648,000)
Capital Expenditures:    
Capital Expenditure 3,514,000 1,309,000
Assets By Segment:    
Total assets 15,182,000 18,302,000
Oil and natural gas    
Revenues:    
Revenue before interest income 6,693,000 6,406,000
Total revenues 6,693,000 6,406,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 1,747,000 2,680,000
Impairment:    
Impairment of assets 4,326,000 5,710,000
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) (4,230,000) (7,197,000)
Land investment    
Revenues:    
Revenue before interest income 325,000 165,000
Total revenues 325,000 165,000
Impairment:    
Impairment of assets 50,000 0
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) 275,000 165,000
Contract drilling    
Revenues:    
Revenue before interest income 10,994,000 5,349,000
Total revenues 10,994,000 5,349,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 356,000 287,000
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) 3,125,000 89,000
Other    
Revenues:    
Revenue before interest income 317,000 93,000
Total revenues 335,000 155,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 44,000 55,000
Intersegment eliminations    
Revenues:    
Total revenues 0 0
Operating segments | Oil and natural gas    
Capital Expenditures:    
Capital Expenditure 3,099,000 46,000
Assets By Segment:    
Total assets 3,613,000 7,415,000
Operating segments | Land investment    
Assets By Segment:    
Total assets 901,000 980,000
Operating segments | Contract drilling    
Capital Expenditures:    
Capital Expenditure 408,000 1,262,000
Assets By Segment:    
Total assets 3,838,000 3,793,000
Corporate and other    
Capital Expenditures:    
Capital Expenditure 7,000 1,000
Assets By Segment:    
Total assets 2,246,000 1,501,000
Corporate and other | Cash and other    
Assets By Segment:    
Total assets 4,584,000 4,613,000
Other operating (loss) profit    
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) 273,000 38,000
Gain on sale of assets    
Operating profit (loss) (before general and administrative expenses):    
Total operating profit (loss) $ 1,336,000 $ 0