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INCOME TAXES (Tables) | 12 Months Ended
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Sep. 30, 2021
Income Tax Disclosure [Abstract] |
Components of income (loss) before income taxes, after adjusting the income (loss) for non-controlling interests | The components of earnings (loss) before income taxes, after adjusting the earnings (loss) for non-controlling interests, are as follows:
| Year ended September 30,
| 2021 |  | 2020
United States | $ | 5,436,000 |  |  | $ | 1,518,000 |
Canada | 1,149,000 |  |  | (6,271,000) |
| $ | 6,585,000 |  |  | $ | (4,753,000) |
Schedule of components of the income tax provision (benefit) | The components of the income tax provision related to the above earnings (loss) are as follows:
| Year ended September 30,
| 2021 |  | 2020
Current provision (benefit): |  |  |
United States – Federal |  |  |
Before operating loss carryforwards | $ | 60,000 |  |  | $ | — |
Benefit of operating loss carryforwards | (60,000) |  |  | — |
After operating loss carryforwards | — |  |  | — |
United States – State |  |  |
Before operating loss carryforwards | 174,000 |  |  | (23,000) |
Benefit of operating loss carryforwards | (7,000) |  |  | — |
After operating loss carryforwards | 167,000 |  |  | (23,000) |
Canadian | — |  |  | — |
Total current | 167,000 |  |  | (23,000) |
Deferred provision: |  |  |
United States – State | 165,000 |  |  | 26,000 |
Canadian | — |  |  | — |
Total deferred | 165,000 |  |  | 26,000 |
| $ | 332,000 |  |  | $ | 3,000 |
Summary of reconciliation between the reported income tax provision (benefit) and the amount computed by multiplying the loss by the U.S. federal tax rate | A reconciliation between the reported income tax expense and the amount computed by multiplying the earnings (loss) attributable to Barnwell before income taxes by the U.S. federal tax rate of 21% is as follows:
| Year ended September 30,
| 2021 |  | 2020
Tax provision (benefit) computed by applying statutory rate | $ | 1,383,000 |  |  | $ | (998,000) |
Impact of TCJA limitation on post-TCJA net operating loss carryforwards | — |  |  | (260,000) |
(Decrease) increase in the valuation allowance | (1,482,000) |  |  | 1,978,000 |
Additional effect of the foreign tax provision on the total tax provision | 87,000 |  |  | (762,000) |
U.S. state tax provision, net of federal benefit | 332,000 |  |  | 3,000 |
Other | 12,000 |  |  | 42,000 |
| $ | 332,000 |  |  | $ | 3,000 |
Schedule of tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows:
| September 30,
| 2021 |  | 2020
Deferred income tax assets: |  |  |
Foreign tax credit carryover under U.S. tax law | $ | 1,197,000 |  |  | $ | 2,421,000 |
U.S. federal net operating loss carryover | 8,846,000 |  |  | 8,874,000 |
U.S. state unitary net operating loss carryovers | 939,000 |  |  | 877,000 |
Canadian net operating loss carryovers | 1,411,000 |  |  | 1,351,000 |
Tax basis of investment in land in excess of book basis under U.S. tax law | 305,000 |  |  | 306,000 |
Property and equipment accumulated book depreciation and depletion in excess of tax under Canadian tax law | 1,091,000 |  |  | 1,421,000 |
Property and equipment accumulated book depreciation and depletion in excess of tax under U.S. tax law | 699,000 |  |  | 931,000 |
Liabilities accrued for books but not for tax under U.S. tax law | 1,225,000 |  |  | 1,894,000 |
Liabilities accrued for books but not for tax under Canadian tax law | 1,813,000 |  |  | 1,591,000 |
Other | 170,000 |  |  | 345,000 |
Total gross deferred income tax assets | 17,696,000 |  |  | 20,011,000 |
Less valuation allowance | (16,398,000) |  |  | (19,357,000) |
Net deferred income tax assets | 1,298,000 |  |  | 654,000 |
Deferred income tax liabilities: |  |  |
Book basis of investment in land development partnerships in excess of tax basis under U.S. tax law | (1,156,000) |  |  | (654,000) |
Book basis of investment in land development partnerships in excess of tax basis under U.S. state non-unitary tax law | (352,000) |  |  | (194,000) |
U.S. oil and gas property and equipment accumulated tax depreciation and depletion in excess of book under U.S. tax law | (142,000) |  |  | — |
U.S. oil and gas property and equipment accumulated tax depreciation and depletion in excess of book under U.S. state tax law | (7,000) |  |  | — |
Total deferred income tax liabilities | (1,657,000) |  |  | (848,000) |
Net deferred income tax liability | $ | (359,000) |  |  | $ | (194,000) |
Reported as: |  |  |
Deferred income tax assets | — |  |  | — |
Deferred income tax liabilities | (359,000) |  |  | (194,000) |
Net deferred income tax liability | $ | (359,000) |  |  | $ | (194,000) |
Summary of tax years, by jurisdiction, that remain subject to examination by taxing authorities | Included below is a summary of the tax years, by jurisdiction, that remain subject to examination by taxing authorities at September 30, 2021:
Jurisdiction | Fiscal Years Open
U.S. federal | 2018 – 2020
Various U.S. states | 2018 – 2020
Canada federal | 2014 – 2020
Various Canadian provinces | 2014 – 2020

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