XML 59 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data
 
 
2017
 
 
1st Quarter
Oct. - Dec
 
2nd Quarter
Jan. - March
 
3rd Quarter
April - June
 
4th Quarter
July - Sept.
 
Total
For Year
Revenues
 
$
25,640

 
$
24,883

 
$
26,861

 
$
28,387

 
$
105,771

Expenses
 
28,027

 
28,473

 
30,333

 
32,504

 
119,337

Total revenues less total expenses
 
(2,387
)
 
(3,590
)
 
(3,472
)
 
(4,117
)
 
(13,566
)
Equity in loss of unconsolidated joint ventures
 

 

 
(307
)
 
(77
)
 
(384
)
Gain on sale of real estate
 
35,838

 

 

 
16,763

 
52,601

Loss on extinguishment of debt
 
(799
)
 

 

 
(664
)
 
(1,463
)
Income (loss) income from continuing operations
 
32,652

 
(3,590
)
 
(3,779
)
 
11,905

 
37,188

Provision for taxes
 
350

 
1,108

 
41

 
61

 
1,560

Net income (loss)
 
32,302

 
(4,698
)
 
(3,820
)
 
11,844

 
35,628

Net (income) loss attributable to non-controlling interests
 
(16,532
)
 
469

 
418

 
(6,383
)
 
(22,028
)
Net income (loss) attributable to common stockholders
 
$
15,770

 
$
(4,229
)
 
$
(3,402
)
 
$
5,461

 
$
13,600

 
 
 
 
 
 
 
 
 
 
 
Basic and per share amounts attributable to common stockholders
 
 
 
 
 
 
 
 
 
 
Basic and diluted income (loss) per share   (a)
 
$
1.13

 
$
(0.30
)
 
$
(0.24
)
 
$
0.39

 
$
0.97

(a) does not add across due to rounding
 
 
2016
 
 
1st Quarter
Oct. - Dec
 
2nd Quarter
Jan. - March
 
3rd Quarter
April - June
 
4th Quarter
July - Sept.
 
Total
For Year
Revenues
 
$
22,326

 
$
26,019

 
$
24,287

 
$
25,889

 
$
98,521

Expenses
 
24,108

 
27,011

 
27,652

 
28,887

 
107,658

Total revenues less total expenses
 
(1,782
)
 
(992
)
 
(3,365
)
 
(2,998
)
 
(9,137
)
Gain on sale of real estate
 
609

 
24,226

 
10,263

 
11,379

 
46,477

Gain on sale of partnership interest
 

 

 
386

 

 
386

Loss on extinguishment of debt
 

 
(2,668
)
 

 
(1,879
)
 
(4,547
)
(Loss) income from continuing operations
 
(1,173
)
 
20,566

 
7,284

 
6,502

 
33,179

Provision for taxes
 

 

 

 
700

 
700

(Loss) income from continuing operations, net of tax
 
(1,173
)
 
20,566

 
7,284

 
5,802

 
32,479

(Loss) income from discontinued operations
 
(1,600
)
 
14,279

 

 

 
12,679

Net (loss) income
 
(2,773
)
 
34,845

 
7,284

 
5,802

 
45,158

Net loss (income) attributable to non-controlling interests
 
739

 
(9,909
)
 
(1,804
)
 
(2,895
)
 
(13,869
)
Net (loss) income attributable to common stockholders
 
$
(2,034
)
 
$
24,936

 
$
5,480

 
$
2,907

 
$
31,289

 
 
 
 
 
 
 
 
 
 
 
Basic and per share amounts attributable to common stockholders
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.10
)
 
$
0.7

 
$
0.39

 
$
0.21

 
$
1.21

Discontinued operations
 
(0.04
)
 
1.06

 

 

 
1.02

Basic and diluted (loss) income per share
 
$
(0.14
)
 
$
1.76

 
$
0.39

 
$
0.21

 
$
2.23