XML 43 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
COMMITMENT AND CONTINGENCIES
12 Months Ended
Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENT AND CONTINGENCIES COMMITMENT AND CONTINGENCIES
The Company maintains a non-contributory defined contribution pension plan covering eligible employees and officers. Contributions by the Company are made through a money purchase plan, based upon a percent of qualified employees' total salary as defined therein. Pension expense approximated $350,000, $342,000 and $324,000 during the years ended
September 30, 2018, 2017 and 2016, respectively. At September 30, 2018 and 2017,  $18,000 and  $162,000, respectively, remains unpaid and is included in accounts payable and accrued liabilities on the consolidated balance sheets.
At September 30, 2018, the Company is the carve-out guarantor with respect to mortgage debt in principal amount of $113,730,000 at seven multi-family properties.