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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Revenues:      
Rental and other revenue from real estate properties $ 104,477 $ 95,202 $ 81,026
Other income 1,294 3,319 72
Total revenues 105,771 98,521 81,098
Expenses:      
Real estate operating expenses—including $2,725, $1,950 and $1,233 to related parties 51,279 47,519 42,612
Interest expense 28,171 23,878 19,297
Advisor's fees, related party 0 693 2,448
Property acquisition costs—including $0, $2,221 and $1,293 to related parties 0 3,852 1,885
General and administrative—including $346, $157 and $171 to related party 9,396 8,536 6,683
Depreciation 30,491 23,180 18,454
Total expenses 119,337 107,658 91,379
Total revenues less total expenses (13,566) (9,137) (10,281)
Equity in loss of unconsolidated joint ventures (384) 0 0
Gain on sale of real estate 52,601 46,477 15,005
Gain on sale of partnership interest 0 386 0
Loss on extinguishment of debt (1,463) (4,547) 0
Income from continuing operations 37,188 33,179 4,724
Provision for taxes 1,560 700 0
Income from continuing operations, net of taxes 35,628 32,479 4,724
Discontinued operations:      
Loss from discontinued operations 0 (2,788) (6,329)
Gain on sale of partnership interest 0 15,467 0
Income (loss) from discontinued operations 0 12,679 (6,329)
Net income (loss) 35,628 45,158 (1,605)
(Income) attributable to non-controlling interests (22,028) (13,869) (783)
Net income (loss) attributable to common stockholders $ 13,600 $ 31,289 $ (2,388)
Basic and diluted per share amounts attributable to common stockholders:      
Income (loss) from continuing operations (in dollars per share) $ 0.97 $ 1.21 $ (0.02)
Income (loss) from discontinued operations (in dollars per share) 0.00 1.02 (0.15)
Basic and diluted earnings (loss) per share (in dollars per share) $ 0.97 $ 2.23 $ (0.17)
Amounts attributable to BRT Apartments Corp.:      
Income (loss) from continuing operations $ 13,600 $ 16,950 $ (246)
Income (loss) from discontinued operations 0 14,339 (2,142)
Net income (loss) attributable to common stockholders $ 13,600 $ 31,289 $ (2,388)
Weighted average number of shares of common stock outstanding:      
Basic (in shares) 13,993,638 14,017,279 14,133,352
Diluted (in shares) 14,018,843 14,017,279 14,133,352