XML 41 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

SUBSEQUENT EVENTS | 12 Months Ended
--- | ---
Sep. 30, 2014
SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS | 20.SUBSEQUENT EVENTS In October 2014, Kaupulehu 2007 sold one residential parcel for $1,250,000 and received $343,000 in cash and a purchase money mortgage from the buyer for the remainder of the sales price. The mortgage is due 270 days from the closing date. Barnwell is required to use the proceeds from the sale of the lot to pay down the principal of its real estate loan. In October 2014, Kaupulehu Developments received percentage of sales payments totaling $1,200,000 from the sale of six lots within Phase I of Increment I and two lots within Phase II of Increment I. In October 2014, Barnwell entered into a Purchase and Sale Agreement with an independent third party and acquired additional interests in oil and natural gas properties located in the Progress area of Alberta, Canada, which closed on November 13, 2014. The purchase price per the agreement was adjusted at closing for preliminary purchase price adjustments to approximately $526,000 in order to, among other things, reflect an economic effective date of July 1, 2014. The final determination of the customary adjustments to the purchase price will be made by the parties approximately 180 days after closing. Financial results from the above transactions will be reflected in Barnwell’s fiscal year ending September 30, 2015.

X
- Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration