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INCOME TAXES | 9 Months Ended
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Jun. 30, 2013
INCOME TAXES |
INCOME TAXES | 7. INCOME TAXES The components of loss before income taxes, after adjusting the loss for non-controlling interests, are as follows:
|  | Three months ended |  | Nine months ended
|  | June 30, |  | June 30,
|  | 2013 |  | 2012 |  | 2013 |  | 2012
United States |  |  | $ | (1,428,000 | ) |  |  | $ | (939,000 | ) |  |  | $ | (3,730,000 | ) |  |  | $ | (5,241,000 | )
Canada |  |  | 254,000 |  |  |  | (689,000 | ) |  |  | (4,470,000 | ) |  |  | 837,000 |
|  |  | $ | (1,174,000 | ) |  |  | $ | (1,628,000 | ) |  |  | $ | (8,200,000 | ) |  |  | $ | (4,404,000 | )
The components of the income tax provision (benefit) are as follows:
|  | Three months ended |  | Nine months ended
|  | June 30, |  | June 30,
|  | 2013 |  | 2012 |  | 2013 |  | 2012
Current |  |  | $ | (409,000 | ) |  |  | $ | (420,000 | ) |  |  | $ | (65,000 | ) |  |  | $ | 243,000 |
Deferred |  |  | 460,000 |  |  |  | 158,000 |  |  |  | (1,220,000 | ) |  |  | (18,000 | )
|  |  | $ | 51,000 |  |  |  | $ | (262,000 | ) |  |  | $ | (1,285,000 | ) |  |  | $ | 225,000 |
Barnwell’s effective consolidated income tax rate for the three and nine months ended June 30, 2013, after adjusting loss before income taxes for non-controlling interests, was (4%) and 16%, respectively, as compared to 16% and (5%) for the three and nine months ended June 30, 2012, respectively. Consolidated taxes do not bear a customary relationship to pretax (losses) earnings due primarily to the fact that Canadian income taxes are not sheltered by current period U.S. source losses, Canadian income taxes are not estimated to have a current or future benefit as foreign tax credits or deductions for U.S. tax purposes, and U.S. consolidated net operating losses are not estimated to have any future U.S. tax benefit prior to expiration. Included in the income tax provision (benefit) for the three and nine months ended June 30, 2012 is a $93,000 benefit from the lapsing of the statute of limitations for uncertain tax positions related to Canadian income taxes. There is no such benefit included in the income tax provision (benefit) for the three and nine months ended June 30, 2013. The Canada Revenue Agency is currently examining the Company’s Canadian federal income tax returns for fiscal 2010 and 2011.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 136, 172 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 43, 44, 45, 46, 47, 48, 49 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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