DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Sep. 30, 2018

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Real Estate Disposals

The tables below provide information regarding the Company's disposition of real estate properties during the years ended September 30, (dollars in thousands):

2018

Location	Sale Date	No. of Units	Sales Price		Gain on Sale		Non-Controlling Partner's Share of Gain on Sale
Melbourne, FL	10/25/2017	208	$	22,250	$	12,519	$	2,504
New York, NY (1)	1/18/2018	1	470		439		—
Valley, AL	2/23/2018	618	51,000		9,712		4,547
Palm Beach Gardens, FL	2/25/2018	542	97,250		41,831		20,593
New York, NY (1)	8/15/2018	1	450		424		—
		1,370	$	171,420	$	64,925	$	27,644

(a) Reflects the sale of a cooperative apartment unit. 

2017 

Location	Sale Date	No. of Units	Sales Price		Gain on Sale		Non-Controlling Partner's Share of Gain
Greenville, NC	10/19/2016	350	$	68,000	$	18,483	$	9,329
Panama City, FL	10/26/2016	160	14,720		7,393		3,478
Atlanta, GA	11/21/2016	350	36,750		8,905		4,166
Hixson, TN	11/30/2016	156	10,775		608		152
New York, NY (a)	12/21/2016	1	465		449		—
Humble, TX	7/27/2017	260	18,000		7,707		3,143
Humble, TX	7/27/2017	160	11,300		4,767		1,943
Pasadena, TX	7/27/2017	144	9,750		4,289		2,629
		1,581	$	169,760	$	52,601	$	24,840

(a) Reflects the sale of a cooperative apartment unit.

The table below provides information regarding the real estate property disposed of by the Company subsequent to September 30, 2018 (dollars in thousands):

Location	Sale Date	No. of Units	Sales Price		Estimated Gain on Sale		Non-Controlling Partner's Share of Estimated Gain on Sale
North Charleston, SC	11/7/2018	271	$	51,650	$	12,000	$	6,300

Discontinued operations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Real Estate Disposals

The discontinued operations of the Newark Joint Venture and the statement of operations for the years ended September 30, 2016, are summarized as follows (dollars in thousands):

Statement of Operations	Year Ended September 30,
	2016
Revenues:
Rental and other revenue from real estate properties	$	2,437
Other income	444
Total revenues	2,881
Expenses:
Real estate operating expenses	2,277
Interest expense	2,242
Depreciation	1,150
Total expense	5,669
Loss from discontinued operations	(2,788)
Gain on sale of partnership interest	15,467
Discontinued operations	$	12,679