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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Schedule of financial information related to reporting segments | 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,
| 2021 |  | 2020 |  | 2021 |  | 2020
Revenues: |  |  |  |  |  |  |
Oil and natural gas | $ | 2,887,000 |  |  | $ | 830,000 |  |  | $ | 7,326,000 |  |  | $ | 4,881,000 |
Contract drilling | 889,000 |  |  | 3,040,000 |  |  | 4,220,000 |  |  | 8,279,000 |
Land investment | 1,253,000 |  |  | — |  |  | 1,738,000 |  |  | — |
Other | 79,000 |  |  | 113,000 |  |  | 209,000 |  |  | 239,000 |
Total before interest income | 5,108,000 |  |  | 3,983,000 |  |  | 13,493,000 |  |  | 13,399,000 |
Interest income | 6,000 |  |  | 1,000 |  |  | 6,000 |  |  | 17,000 |
Total revenues | $ | 5,114,000 |  |  | $ | 3,984,000 |  |  | $ | 13,499,000 |  |  | $ | 13,416,000 |
Depletion, depreciation, and amortization: |  |  |  |  |  |  |
Oil and natural gas | $ | 155,000 |  |  | $ | 372,000 |  |  | $ | 496,000 |  |  | $ | 1,562,000 |
Contract drilling | 76,000 |  |  | 96,000 |  |  | 229,000 |  |  | 272,000 |
Other | 4,000 |  |  | 10,000 |  |  | 13,000 |  |  | 36,000 |
Total depletion, depreciation, and amortization | $ | 235,000 |  |  | $ | 478,000 |  |  | $ | 738,000 |  |  | $ | 1,870,000 |
Impairment: |  |  |  |  |  |  |
Oil and natural gas | $ | — |  |  | $ | 2,689,000 |  |  | $ | 630,000 |  |  | $ | 4,326,000 |
Total impairment | $ | — |  |  | $ | 2,689,000 |  |  | $ | 630,000 |  |  | $ | 4,326,000 |
Operating profit (loss) (before general and administrative expenses): |  |  |  |  |  |  |
Oil and natural gas | $ | 1,015,000 |  |  | $ | (3,212,000) |  |  | $ | 1,289,000 |  |  | $ | (4,486,000) |
Contract drilling | (213,000) |  |  | 977,000 |  |  | 392,000 |  |  | 2,455,000 |
Land investment | 1,253,000 |  |  | — |  |  | 1,738,000 |  |  | — |
Other | 75,000 |  |  | 103,000 |  |  | 196,000 |  |  | 203,000 |
Gain on sale of asset | — |  |  | — |  |  | — |  |  | 1,336,000 |
Total operating profit (loss) | 2,130,000 |  |  | (2,132,000) |  |  | 3,615,000 |  |  | (492,000) |
Equity in income (loss) of affiliates: |  |  |  |  |  |  |
Land investment | 3,348,000 |  |  | (111,000) |  |  | 5,026,000 |  |  | (179,000) |
General and administrative expenses | (2,227,000) |  |  | (1,248,000) |  |  | (5,340,000) |  |  | (4,775,000) |
Interest expense | (2,000) |  |  | (1,000) |  |  | (6,000) |  |  | (1,000) |
Interest income | 6,000 |  |  | 1,000 |  |  | 6,000 |  |  | 17,000 |
Gain on debt extinguishment | 149,000 |  |  | — |  |  | 149,000 |  |  | — |
Gain on termination of post-retirement medical plan | 2,341,000 |  |  | — |  |  | 2,341,000 |  |  | — |
Earnings (loss) before income taxes | $ | 5,745,000 |  |  | $ | (3,491,000) |  |  | $ | 5,791,000 |  |  | $ | (5,430,000) |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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