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SEGMENT INFORMATION (Tables)
6 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
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.
Three months ended
March 31,
Six months ended
March 31,
 2021202020212020
Revenues:
Oil and natural gas$2,552,000 $1,910,000 $4,439,000 $4,051,000 
Contract drilling1,389,000 2,593,000 3,331,000 5,239,000 
Land investment — 485,000 — 
Other57,000 70,000 130,000 126,000 
Total before interest income3,998,000 4,573,000 8,385,000 9,416,000 
Interest income 9,000  16,000 
Total revenues$3,998,000 $4,582,000 $8,385,000 $9,432,000 
Depletion, depreciation, and amortization:  
Oil and natural gas$146,000 $584,000 $341,000 $1,190,000 
Contract drilling77,000 91,000 153,000 176,000 
Other4,000 12,000 9,000 26,000 
Total depletion, depreciation, and amortization$227,000 $687,000 $503,000 $1,392,000 
Impairment:
Oil and natural gas$ $1,637,000 $630,000 $1,637,000 
Total impairment$ $1,637,000 $630,000 $1,637,000 
Operating profit (loss) (before general and administrative expenses):  
Oil and natural gas$647,000 $(1,596,000)$274,000 $(1,274,000)
Contract drilling(153,000)731,000 605,000 1,478,000 
Land investment — 485,000 — 
Other53,000 58,000 121,000 100,000 
Gain on sale of asset 1,336,000  1,336,000 
Total operating profit547,000 529,000 1,485,000 1,640,000 
Equity in income (loss) of affiliates:  
Land investment624,000 (25,000)1,678,000 (68,000)
General and administrative expenses(1,928,000)(2,031,000)(3,113,000)(3,527,000)
Interest expense(3,000)— (4,000)— 
Interest income 9,000  16,000 
(Loss) earnings before income taxes$(760,000)$(1,518,000)$46,000 $(1,939,000)