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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Sep. 30, 2011
Current assets:    
Cash and cash equivalents $ 8,599,000 $ 9,834,000
Accounts receivable, net of allowance for doubtful accounts of: $44,000 at March 31, 2012; $70,000 at September 30, 2011 3,637,000 5,760,000
Prepaid expenses 534,000 298,000
Real estate held for sale 10,786,000 12,640,000
Other current assets 916,000 998,000
Total current assets 24,472,000 29,530,000
Investments 4,623,000 4,623,000
Property and equipment 249,919,000 239,036,000
Accumulated depletion, depreciation, and amortization (196,939,000) (184,417,000)
Property and equipment, net 52,980,000 54,619,000
Total assets 82,075,000 88,772,000
Current liabilities:    
Accounts payable 2,470,000 2,750,000
Accrued capital expenditures 426,000 2,492,000
Accrued compensation 1,602,000 2,397,000
Payable to joint interest owners 488,000 1,012,000
Income taxes payable 423,000 199,000
Current portion of long-term debt 11,044,000 12,314,000
Other current liabilities 2,626,000 2,925,000
Total current liabilities 19,079,000 24,089,000
Long-term debt 12,000,000 11,400,000
Liability for retirement benefits 4,728,000 5,167,000
Asset retirement obligation 5,038,000 4,921,000
Deferred income taxes 4,372,000 4,481,000
Total liabilities 45,217,000 50,058,000
Barnwell Industries, Inc. stockholders' equity:    
Common stock, par value $0.50 per share; authorized, 20,000,000 shares: 8,445,060 issued at March 31, 2012 and September 30, 2011 4,223,000 4,223,000
Additional paid-in capital 1,289,000 1,289,000
Retained earnings 30,968,000 34,231,000
Accumulated other comprehensive income, net 1,863,000 290,000
Treasury stock, at cost: 167,900 shares at March 31, 2012 and September 30, 2011 (2,286,000) (2,286,000)
Total Barnwell Industries, Inc. stockholders' equity 36,057,000 37,747,000
Non-controlling interests 801,000 967,000
Total equity 36,858,000 38,714,000
Total liabilities and equity $ 82,075,000 $ 88,772,000