SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Sep. 30, 2016

Stockholders' Equity Note [Abstract]

Schedule of changes in number of shares outstanding under equity incentive plans

Changes in number of restricted shares outstanding under the Trust's equity incentive plans are shown below:

	Years Ended September 30,
		2016		2015		2014
Outstanding at beginning of the year		672,875		648,225		627,425
Issued		141,050		142,950		140,600
Cancelled		(16,850	)	—		(300	)
Vested		(130,300	)	(118,300	)	(119,500	)
Outstanding at the end of the year		666,775		672,875		648,225

Schedule of compensation expense recorded for all incentive plans

The following table reflects the compensation expense recorded for all incentive plans (dollars in thousands):

	Years Ended September 30,
	2016		2015		2014
Restricted stock grants	$	859	$	906	$	805
Restricted stock units	146		—		—
Total compensation	$	1,005	$	906	$	805

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings (loss) per share (dollars in thousands):

	2016		2015			2014
Numerator for basic and diluted earnings per share attributable to common shareholders:
Net income (loss) attributable to common shareholders	$	31,289	$	(2,388	)	$	(9,454	)
Denominator:
Denominator for basic earnings per share—weighted average shares	14,017,279		14,133,352			14,265,589
Denominator for diluted earnings per share—adjusted weighted average shares and assumed conversions	14,017,279		14,133,352			14,265,589
Basic earnings (loss) per share	$	2.23	$	(0.17	)	$	(0.66	)
Diluted earnings (loss) per share	$	2.23	$	(0.17	)	$	(0.66	)