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SCHEDULE III - REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION (Details)
$ in Thousands
12 Months Ended
Sep. 30, 2018
USD ($)
Real estate properties and accumulated depreciation  
Encumbrances $ 798,805
Initial Cost to Company  
Land 166,099
Buildings and Improvements 871,448
Costs Capitalized Subsequent to
Acquisition  
Land 228
Improvements 112,283
Carrying Costs 318
Gross Amount At Which Carried at September 30, 2018  
Land 163,862
Buildings and Improvements 984,049
Total 1,147,911
Accumulated Depreciation 88,109
Commercial | Yonkers, NY  
Real estate properties and accumulated depreciation  
Encumbrances 1,329
Initial Cost to Company  
Land 0
Buildings and Improvements 4,000
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 320
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 0
Buildings and Improvements 4,320
Total 4,320
Accumulated Depreciation $ 1,948
Depreciation Life For Latest Income Statement 39 years
Commercial | South Daytona, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 0
Initial Cost to Company  
Land 10,437
Buildings and Improvements 0
Costs Capitalized Subsequent to
Acquisition  
Land 49
Improvements 0
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 8,021
Buildings and Improvements 0
Total 8,021
Accumulated Depreciation 0
Multi-family residential | North Charleston, SC  
Real estate properties and accumulated depreciation  
Encumbrances 16,443
Initial Cost to Company  
Land 2,436
Buildings and Improvements 18,970
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,185
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,436
Buildings and Improvements 20,155
Total 22,591
Accumulated Depreciation $ 4,295
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Decatur, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 14,837
Initial Cost to Company  
Land 1,698
Buildings and Improvements 8,676
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,683
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,698
Buildings and Improvements 10,359
Total 12,057
Accumulated Depreciation $ 2,245
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX (Stonecrossing)  
Real estate properties and accumulated depreciation  
Encumbrances $ 12,410
Initial Cost to Company  
Land 5,143
Buildings and Improvements 11,524
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 493
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 5,143
Buildings and Improvements 12,017
Total 17,160
Accumulated Depreciation $ 2,397
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX (Stonecrossing East)  
Real estate properties and accumulated depreciation  
Encumbrances $ 7,137
Initial Cost to Company  
Land 3,044
Buildings and Improvements 5,463
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,031
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 3,044
Buildings and Improvements 6,494
Total 9,538
Accumulated Depreciation $ 1,256
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Huntsville, AL  
Real estate properties and accumulated depreciation  
Encumbrances $ 11,886
Initial Cost to Company  
Land 1,047
Buildings and Improvements 10,942
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 873
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,047
Buildings and Improvements 11,815
Total 12,862
Accumulated Depreciation $ 2,167
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Columbus, OH  
Real estate properties and accumulated depreciation  
Encumbrances $ 9,741
Initial Cost to Company  
Land 1,372
Buildings and Improvements 12,678
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 493
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,372
Buildings and Improvements 13,171
Total 14,543
Accumulated Depreciation $ 2,463
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Indianapolis, IN  
Real estate properties and accumulated depreciation  
Encumbrances $ 14,156
Initial Cost to Company  
Land 4,477
Buildings and Improvements 14,240
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 2,749
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 4,477
Buildings and Improvements 16,989
Total 21,466
Accumulated Depreciation $ 2,966
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Nashville, TN  
Real estate properties and accumulated depreciation  
Encumbrances $ 22,721
Initial Cost to Company  
Land 4,565
Buildings and Improvements 22,054
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 3,107
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 4,565
Buildings and Improvements 25,161
Total 29,726
Accumulated Depreciation $ 3,850
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX (Kendall)  
Real estate properties and accumulated depreciation  
Encumbrances $ 14,989
Initial Cost to Company  
Land 1,849
Buildings and Improvements 13,346
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 2,143
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,849
Buildings and Improvements 15,489
Total 17,338
Accumulated Depreciation $ 2,495
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Pensacola, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 18,931
Initial Cost to Company  
Land 2,758
Buildings and Improvements 25,192
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 611
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,758
Buildings and Improvements 25,803
Total 28,561
Accumulated Depreciation $ 3,606
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | San Marcos, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 17,158
Initial Cost to Company  
Land 2,163
Buildings and Improvements 19,562
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 238
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,163
Buildings and Improvements 19,800
Total 21,963
Accumulated Depreciation $ 2,515
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Lake St. Louis, MO  
Real estate properties and accumulated depreciation  
Encumbrances $ 26,210
Initial Cost to Company  
Land 2,752
Buildings and Improvements 33,248
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,164
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,752
Buildings and Improvements 34,412
Total 37,164
Accumulated Depreciation $ 3,925
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | North Charleston, MO  
Real estate properties and accumulated depreciation  
Encumbrances $ 30,266
Initial Cost to Company  
Land 5,538
Buildings and Improvements 0
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 35,457
Carrying Costs 318
Gross Amount At Which Carried at September 30, 2018  
Land 5,538
Buildings and Improvements 35,775
Total 41,313
Accumulated Depreciation $ 2,385
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | La Grange, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 15,103
Initial Cost to Company  
Land 832
Buildings and Improvements 21,968
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 512
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 832
Buildings and Improvements 22,480
Total 23,312
Accumulated Depreciation $ 2,379
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Katy, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 30,750
Initial Cost to Company  
Land 4,194
Buildings and Improvements 36,056
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 4,054
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 4,194
Buildings and Improvements 40,110
Total 44,304
Accumulated Depreciation $ 3,556
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Macon, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 11,096
Initial Cost to Company  
Land 1,876
Buildings and Improvements 12,649
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 550
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,876
Buildings and Improvements 13,199
Total 15,075
Accumulated Depreciation $ 1,470
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Southaven, MS (Civic Center I)  
Real estate properties and accumulated depreciation  
Encumbrances $ 28,000
Initial Cost to Company  
Land 2,090
Buildings and Improvements 32,910
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 2,224
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,090
Buildings and Improvements 35,134
Total 37,224
Accumulated Depreciation $ 3,472
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | San Antonio, TX (Location 1)  
Real estate properties and accumulated depreciation  
Encumbrances $ 26,189
Initial Cost to Company  
Land 5,540
Buildings and Improvements 29,610
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 739
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 5,540
Buildings and Improvements 30,349
Total 35,889
Accumulated Depreciation $ 3,528
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Dallas, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 27,823
Initial Cost to Company  
Land 13,073
Buildings and Improvements 23,927
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 2,758
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 13,073
Buildings and Improvements 26,685
Total 39,758
Accumulated Depreciation $ 2,594
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Columbia, SC  
Real estate properties and accumulated depreciation  
Encumbrances $ 12,934
Initial Cost to Company  
Land 2,233
Buildings and Improvements 14,767
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 846
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,233
Buildings and Improvements 15,613
Total 17,846
Accumulated Depreciation $ 1,614
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Atlanta, GA (Location 2)  
Real estate properties and accumulated depreciation  
Encumbrances $ 27,375
Initial Cost to Company  
Land 10,347
Buildings and Improvements 28,777
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,096
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 10,347
Buildings and Improvements 29,873
Total 40,220
Accumulated Depreciation $ 3,075
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Southaven, MS (Civic Center II)  
Real estate properties and accumulated depreciation  
Encumbrances $ 30,564
Initial Cost to Company  
Land 2,077
Buildings and Improvements 36,128
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,208
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,077
Buildings and Improvements 37,336
Total 39,413
Accumulated Depreciation $ 3,473
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | San Antonio, TX (Location 2)  
Real estate properties and accumulated depreciation  
Encumbrances $ 27,000
Initial Cost to Company  
Land 4,620
Buildings and Improvements 31,380
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 736
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 4,620
Buildings and Improvements 32,116
Total 36,736
Accumulated Depreciation $ 3,073
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Fredricksburg, VA  
Real estate properties and accumulated depreciation  
Encumbrances $ 28,869
Initial Cost to Company  
Land 6,985
Buildings and Improvements 32,148
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,012
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 6,985
Buildings and Improvements 33,160
Total 40,145
Accumulated Depreciation $ 2,677
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | St. Louis, MO (Tower at OPOP)  
Real estate properties and accumulated depreciation  
Encumbrances $ 20,000
Initial Cost to Company  
Land 192
Buildings and Improvements 27,231
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 133
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 192
Buildings and Improvements 27,364
Total 27,556
Accumulated Depreciation $ 1,776
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | St. Louis, MO (Lofts at OPOP)  
Real estate properties and accumulated depreciation  
Encumbrances $ 6,197
Initial Cost to Company  
Land 329
Buildings and Improvements 7,805
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 102
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 329
Buildings and Improvements 7,907
Total 8,236
Accumulated Depreciation $ 656
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Creve Coeur, MO  
Real estate properties and accumulated depreciation  
Encumbrances $ 29,000
Initial Cost to Company  
Land 2,270
Buildings and Improvements 37,899
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 123
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 2,270
Buildings and Improvements 38,022
Total 40,292
Accumulated Depreciation $ 2,352
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | West Nashville, TN  
Real estate properties and accumulated depreciation  
Encumbrances $ 18,657
Initial Cost to Company  
Land 5,228
Buildings and Improvements 5,220
Costs Capitalized Subsequent to
Acquisition  
Land 179
Improvements 33,430
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 5,407
Buildings and Improvements 38,650
Total 44,057
Accumulated Depreciation $ 0
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Farmers Branch, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 55,200
Initial Cost to Company  
Land 7,343
Buildings and Improvements 79,347
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 80
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 7,343
Buildings and Improvements 79,427
Total 86,770
Accumulated Depreciation $ 4,834
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Tallahassee, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 21,524
Initial Cost to Company  
Land 3,553
Buildings and Improvements 24,372
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,608
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 3,553
Buildings and Improvements 25,980
Total 29,533
Accumulated Depreciation $ 1,461
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Madison, AL  
Real estate properties and accumulated depreciation  
Encumbrances $ 15,000
Initial Cost to Company  
Land 1,936
Buildings and Improvements 16,731
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 1,076
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,936
Buildings and Improvements 17,807
Total 19,743
Accumulated Depreciation $ 811
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Boerne, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 9,200
Initial Cost to Company  
Land 1,393
Buildings and Improvements 10,851
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 319
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 1,393
Buildings and Improvements 11,170
Total 12,563
Accumulated Depreciation $ 631
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Ocoee, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 53,060
Initial Cost to Company  
Land 16,754
Buildings and Improvements 55,641
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 3,197
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 16,754
Buildings and Improvements 58,838
Total 75,592
Accumulated Depreciation $ 2,494
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Lawrenceville, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 54,447
Initial Cost to Company  
Land 17,199
Buildings and Improvements 60,797
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 4,437
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 17,199
Buildings and Improvements 65,234
Total 82,433
Accumulated Depreciation $ 2,578
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Daytona Beach, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 13,608
Initial Cost to Company  
Land 3,501
Buildings and Improvements 17,385
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 480
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 3,501
Buildings and Improvements 17,865
Total 21,366
Accumulated Depreciation $ 498
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Grand Prairie, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 18,995
Initial Cost to Company  
Land 3,255
Buildings and Improvements 27,954
Costs Capitalized Subsequent to
Acquisition  
Land 0
Improvements 16
Carrying Costs 0
Gross Amount At Which Carried at September 30, 2018  
Land 3,255
Buildings and Improvements 27,970
Total 31,225
Accumulated Depreciation $ 594
Depreciation Life For Latest Income Statement 30 years