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SEGMENT AND GEOGRAPHIC INFORMATION (Details) (USD $)
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Revenues:    
Total before interest income $ 24,563,000 $ 34,040,000
Interest income 45,000 22,000
Total revenues 24,608,000 34,062,000
Depletion, depreciation, and amortization:    
Total depletion, depreciation, and amortization 8,542,000 10,990,000
Reduction of carrying value of assets:    
Total reduction of carrying value of assets 4,506,000 6,647,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss (716,000) (3,023,000)
General and administrative expenses (8,911,000) (8,268,000)
Interest expense (587,000) (790,000)
Interest income 45,000 22,000
Loss before income taxes (10,169,000) (12,059,000)
Capital Expenditures:    
Capital Expenditure 7,525,000 5,022,000
Assets By Segment:    
Total assets 62,714,000 69,890,000
Intersegment elimination
   
Revenues:    
Total revenues 0 0
Oil and natural gas
   
Revenues:    
Total before interest income 21,376,000 24,610,000
Depletion, depreciation, and amortization:    
Total depletion, depreciation, and amortization 8,034,000 10,367,000
Reduction of carrying value of assets:    
Total reduction of carrying value of assets 4,506,000 2,551,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss (1,156,000) 1,247,000
Capital Expenditures:    
Capital Expenditure 7,506,000 4,915,000
Assets By Segment:    
Total assets 40,559,000 46,946,000
Land investment
   
Revenues:    
Total before interest income 282,000 482,000
Reduction of carrying value of assets:    
Total reduction of carrying value of assets   488,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss 282,000 (6,000)
Assets By Segment:    
Total assets 2,381,000 2,381,000
Contract drilling
   
Revenues:    
Total before interest income 2,338,000 2,340,000
Depletion, depreciation, and amortization:    
Total depletion, depreciation, and amortization 394,000 509,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss (295,000) (1,160,000)
Capital Expenditures:    
Capital Expenditure 17,000 72,000
Assets By Segment:    
Total assets 2,905,000 2,963,000
Residential real estate
   
Revenues:    
Total before interest income   5,975,000
Reduction of carrying value of assets:    
Total reduction of carrying value of assets   1,854,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss   (1,869,000)
Assets By Segment:    
Total assets 5,448,000 5,309,000
Other
   
Revenues:    
Total before interest income 567,000 633,000
Depletion, depreciation, and amortization:    
Total depletion, depreciation, and amortization 114,000 114,000
Reduction of carrying value of assets:    
Total reduction of carrying value of assets   1,754,000
Operating (loss) profit (before general and administrative expenses):    
Total operating loss 453,000 (1,235,000)
Capital Expenditures:    
Capital Expenditure 2,000 35,000
Other | Cash and cash equivalents
   
Assets By Segment:    
Total assets 7,828,000 8,845,000
Corporate and other
   
Assets By Segment:    
Total assets $ 3,593,000 $ 3,446,000