XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

SEGMENT INFORMATION | 9 Months Ended
--- | ---
Jun. 30, 2020
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION Barnwell operates the following segments: 1) acquiring, developing, producing and selling oil and natural gas in Canada (oil and natural gas); 2) investing in land interests in Hawaii (land investment); and 3) drilling wells and installing and repairing water pumping systems in Hawaii (contract drilling). 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 June 30, |  | Nine months ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |  |  |  |
Oil and natural gas | $ | 830,000 |  |  | $ | 1,688,000 |  |  | $ | 4,881,000 |  |  | $ | 4,844,000 |
Contract drilling | 3,040,000 |  |  | 1,689,000 |  |  | 8,279,000 |  |  | 3,839,000 |
Land investment | — |  |  | — |  |  | — |  |  | 165,000 |
Other | 113,000 |  |  | 15,000 |  |  | 239,000 |  |  | 69,000 |
Total before interest income | 3,983,000 |  |  | 3,392,000 |  |  | 13,399,000 |  |  | 8,917,000 |
Interest income | 1,000 |  |  | 17,000 |  |  | 17,000 |  |  | 50,000 |
Total revenues | $ | 3,984,000 |  |  | $ | 3,409,000 |  |  | $ | 13,416,000 |  |  | $ | 8,967,000 |
Depletion, depreciation, and amortization: |  |  |  |  |  |  |  |  |
Oil and natural gas | $ | 372,000 |  |  | $ | 639,000 |  |  | $ | 1,562,000 |  |  | $ | 2,072,000 |
Contract drilling | 96,000 |  |  | 78,000 |  |  | 272,000 |  |  | 195,000 |
Other | 10,000 |  |  | 14,000 |  |  | 36,000 |  |  | 41,000 |
Total depletion, depreciation, and amortization | $ | 478,000 |  |  | $ | 731,000 |  |  | $ | 1,870,000 |  |  | $ | 2,308,000 |
Impairment: |  |  |  |  |  |  |
Oil and natural gas | $ | 2,689,000 |  |  | $ | — |  |  | $ | 4,326,000 |  |  | $ | 2,413,000 |
Total impairment | $ | 2,689,000 |  |  | $ | — |  |  | $ | 4,326,000 |  |  | $ | 2,413,000 |
Operating (loss) profit (before general and administrative expenses): |  |  |  |  |  |  |  |  |
Oil and natural gas | $ | (3,212,000 | ) |  | $ | (265,000 | ) |  | $ | (4,486,000 | ) |  | $ | (3,541,000 | )
Contract drilling | 977,000 |  |  | 369,000 |  |  | 2,455,000 |  |  | (145,000 | )
Land investment | — |  |  | — |  |  | — |  |  | 165,000 |
Other | 103,000 |  |  | 1,000 |  |  | 203,000 |  |  | 28,000 |
Gain on sale of asset | — |  |  | — |  |  | 1,336,000 |  |  | — |
Total operating (loss) profit | (2,132,000 | ) |  | 105,000 |  |  | (492,000 | ) |  | (3,493,000 | )
Equity in loss of affiliates: |  |  |  |  |  |  |  |  |
Land investment | (111,000 | ) |  | (259,000 | ) |  | (179,000 | ) |  | (545,000 | )
General and administrative expenses | (1,248,000 | ) |  | (1,352,000 | ) |  | (4,775,000 | ) |  | (4,361,000 | )
Interest expense | (1,000 | ) |  | — |  |  | (1,000 | ) |  | (4,000 | )
Interest income | 1,000 |  |  | 17,000 |  |  | 17,000 |  |  | 50,000 |
Loss before income taxes | $ | (3,491,000 | ) |  | $ | (1,489,000 | ) |  | $ | (5,430,000 | ) |  | $ | (8,353,000 | )

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration