Income Taxes (Tables)

9 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of the Company's consolidated provision for income taxes from continuing operations are as follows:

	Three Months Ended June 30,				Nine Months Ended June 30,
	2021		2020		2021		2020
	(In thousands)
Current income tax expense:
Federal	$	(780)	$	—	$	—	$	—
State	(229)		—		(232)		—
Total current income tax expense	$	(1,009)	$	—	$	(232)	$	—
Deferred income tax expense:
Federal	$	6,629	$	—	$	20,629	$	—
State	(2,375)		319		(3,444)		319
Total deferred income tax expense	4,254		319		17,185		319
Total income tax expense	$	3,245	$	319	$	16,953	$	319

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the Company's effective income tax rate is as follows:

	Three Months Ended June 30,				Nine Months Ended June 30,
	2021		2020		2021		2020
	(In thousands)
Tax at statutory rate	21.0	%	21.0	%	21.0	%	21.0	%
Nondeductible compensation	(21.8)	%	—	%	(8.5)	%	—	%
Transaction costs	(32.6)	%	—	%	(12.8)	%	—	%
Other	(0.1)	%	—	%	(0.1)	%	—	%
State income taxes, net of federal benefit	14.9	%	—	%	5.8	%	—	%
Change in Tax Status	—	%	—	%	(30.5)	%	—	%
Income Subject to Taxation by REP LLC's Unitholders	(0.2)	%	(21.0)	%	(12.9)	%	(21.0)	%
Effective income tax rate	(18.8)	%	—	%	(38.0)	%	—	%