CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income (loss)	$ 35,628	$ 45,158	$ (1,605)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	31,754	25,994	22,957
Amortization of restricted stock	1,219	1,005	906
Equity in (loss) of unconsolidated subsidiaries	384	0	0
Gain on sale of partnership interests	0	(15,853)	0
Gain on sale of real estate assets	(52,601)	(46,477)	(15,005)
Loss on extinguishment of debt	1,463	4,547	0
Effect of deconsolidation of non-controlling interest	0	(1,692)	0
Increases and decreases from changes in other assets and liabilities:
Decrease (increase) in interest and dividends receivable	2,328	(2,380)	17
Increase in deposits and escrows	(8,867)	(6,190)	(602)
Increase in accounts payable and accrued liabilities	698	4,897	1,739
Decrease in other assets	1,085	1,071	0
Net cash provided by operating activities	13,091	10,080	8,407
Cash flows from investing activities:
Collections from real estate loans	14,000	0	2,000
Additions to real estate properties	(228,354)	(302,628)	(84,295)
Net costs capitalized to real estate owned	(9,298)	(46,844)	(59,407)
Purchase of non controlling interest	0	0	(4,679)
Proceeds from the sale of real estate owned	167,013	197,264	66,398
Distributions from unconsolidated joint ventures	424	0	0
Contributions to unconsolidated joint ventures	(21,894)	0	0
Proceeds from the sale of joint venture interests	0	19,242	0
Net cash used in investing activities	(76,877)	(135,783)	(67,388)
Cash flows from financing activities:
Proceeds from mortgages payable	155,172	267,788	98,907
Increase in other borrowed funds	0	6,001	0
Mortgage payoffs	(96,322)	(130,090)	(37,504)
Mortgage principal payments	(5,163)	(5,081)	(3,252)
Increase in deferred borrowing costs	(2,574)	(2,491)	(3,758)
Capital contributions from non-controlling interests	31,606	33,613	11,973
Capital distributions to non-controlling interests	(33,756)	(32,825)	(12,588)
Proceeds from sale of New Markets Tax Credits	0	2,746	0
Repurchase of shares of common stock	(193)	(2,115)	(2,422)
Net cash provided by financing activities	48,770	137,546	51,356
Net (decrease) increase in cash and cash equivalents	(15,016)	11,843	(7,625)
Cash and cash equivalents at beginning of year	27,399	15,556	23,181
Cash and cash equivalents at end of year	12,383	27,399	15,556
Supplemental disclosures of cash flow information:
Cash paid during the year for interest expense, including capitalized interest of $263, $1,568 and $2,602 in 2017, 2016 and 2015	27,135	27,680	24,324
Cash paid during the year for income and excise taxes	1,884	1,264	131
Acquisition of real estate through assumption of debt	27,638	16,051	45,129
Assets removed due to casualty loss	3,571	0	0
Commercial/mixed use properties | Newark Joint Venture | Primary beneficiary
Cash flows from investing activities:
Net change in restricted cash	0	(1,952)	9,558
Multi-family residential
Cash flows from investing activities:
Net change in restricted cash	$ 1,232	$ (865)	$ 3,037