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CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Thousands
Total
Shares of Beneficial Interest
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
(Accumulated Deficit)
Non Controlling Interests
Shares of Common Stock
Shares of Beneficial Interest
Beginning balance at Sep. 30, 2014 $ 168,639 $ 40,965 $ 166,209 $ (8) $ (77,026) $ 38,499  
Increase (Decrease) in Stockholders' Equity              
Restricted stock vesting   355 (355)        
Compensation expense—restricted stock 906   906        
Contributions from non-controlling interests 11,973         11,973  
Distributions to non-controlling interests (12,588)         (12,588)  
Purchase of non-controlling interests (4,679)   (3,531)     (1,148)  
Shares repurchased (2,422) (1,035) (1,387)        
Net income (loss) (1,605)       (2,388) 783  
Other comprehensive loss (50)     (50)      
Comprehensive income (loss) (1,655)            
Ending balance at Sep. 30, 2015 160,174 40,285 161,842 (58) (79,414) 37,519  
Increase (Decrease) in Stockholders' Equity              
Restricted stock vesting   390 (390)        
Compensation expense—restricted stock 1,005   1,005        
Contributions from non-controlling interests 33,613         33,613  
Distributions to non-controlling interests (32,825)         (32,825)  
Shares repurchased (2,115) (979) (1,136)        
Net income (loss) 45,158       31,289 13,869  
Other comprehensive loss (1,544)     (1,544)      
Comprehensive income (loss) 43,614            
Deconsolidation of joint venture upon sale (1,790)         (1,790)  
Ending balance at Sep. 30, 2016 201,676 39,696 161,321 (1,602) (48,125) 50,386  
Increase (Decrease) in Stockholders' Equity              
Restricted stock vesting   375 (375)        
Compensation expense—restricted stock 1,219   1,219        
Contributions from non-controlling interests 31,606         31,606  
Distributions to non-controlling interests (33,756)         (33,756)  
Shares repurchased (193) (17) (175)       $ (1)
Net income (loss) 35,628       13,600 22,028  
Other comprehensive loss 3,047     2,602   445  
Comprehensive income (loss) 38,675            
Distributions - Common Stock - $0.18 per share (2,522)       (2,522)    
Conversion to a Maryland corporation at $.01 par value   (40,054) 39,920       134
Ending balance at Sep. 30, 2017 $ 236,705 $ 0 $ 201,910 $ 1,000 $ (37,047) $ 70,709 $ 133