COMMITMENTS AND CONTINGENCIES

6 Months Ended

Mar. 31, 2013

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

11.       COMMITMENTS AND CONTINGENCIES

Environmental Matters

At March 31, 2013, a liability was established for recently discovered soil contamination from infrastructure issues at the Dunvegan and Wood River properties. The estimated amount accrued for probable environmental remediation costs was $696,000, which has not been discounted, and is accrued in “Other current liabilities” on the Condensed Consolidated Balance Sheets. Because of the inherent uncertainties associated with environmental assessment and remediation activities, future expenses to remediate the currently identified sites, and sites identified in the future, if any, could be incurred. No accrual for environmental remediation costs was necessary at September 30, 2012.