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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Sep. 30, 2013
FAIR VALUE MEASUREMENTS  
Schedule providing carrying value and fair value measurement information for nonrecurring fair value measurements

 

 

 

 

 

Fair Value Measurements Using:

 

 

 

 

 

Carrying

 

Quoted

 

Significant

 

 

 

Total Reduction of

 

 

 

Amount

 

Prices in

 

Other

 

Significant

 

Carrying Value

 

 

 

as of

 

Active

 

Observable

 

Unobservable

 

for the

 

 

 

September 30,

 

Markets

 

Inputs

 

Inputs

 

year ended

 

 

 

2012

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

September 30, 2012

 

Real estate held for
sale

 

$

5,309,000

 

$

-

 

$

5,309,000

 

$

-

 

$  1,854,000

 

Investment in joint
ventures

 

$

-

 

$

-

 

$

-

 

$

-

 

$  1,754,000

 

Lot acquisition rights
– Mauka Lands

 

$

-

 

$

-

 

$

-

 

$

-

 

$     488,000