Other Assets, Accrued Expenses and Other Liabilities

9 Months Ended

Jun. 30, 2019

Other Assets, Accrued Expenses and Other Liabilities [Abstract]

Other Assets And Other Liabilities [Text Block]

The Company's other assets at June 30, 2019 and September 30, 2018 were as follows:

	June 30, 2019		September 30, 2018
	(In millions)
Receivables, net	$	1.4	$	2.7
Prepaid expenses	4.0		3.1
Land purchase contract deposits	7.4		4.1
Intangible assets	—		0.5
Other assets	5.7		5.0
	$	18.5	$	15.4

The Company's accrued expenses and other liabilities at June 30, 2019 and September 30, 2018 were as follows:

	June 30, 2019		September 30, 2018
	(In millions)
Accrued employee compensation and benefits	$	5.6	$	6.7
Accrued property taxes	1.8		1.7
Accrued interest	7.6		0.4
Contract liabilities	9.9		—
Deferred income	9.4		11.6
Other accrued expenses	30.2		27.2
Other liabilities	2.9		2.0
	$	67.4	$	49.6

Contract liabilities at June 30, 2019 represents the Company's unsatisfied remaining performance obligations in the development of 382 lots that have been sold to D.R. Horton which will be recognized over time as the performance obligations are completed.