REAL ESTATE LOANS (Tables)

12 Months Ended

Sep. 30, 2012

REAL ESTATE LOANS

Schedule of real estate loans earning interest

At September 30, 2012 and 2011, information as to real estate loans, all of which are earning interest, is summarized as follows (dollars in thousands):

	September 30, 2012						September 30, 2011
	Real Estate Loans			Percent			Real Estate Loans			Percent
Multi-family residential	$	35,096			95	%	$	26,300			39.2	%
Retail		2,000			5	%		4,117			6.1	%
Office		—			—			24,975			37.1	%
Industrial		—			—			11,874			17.6	%
		37,096			100	%		67,266			100	%
Deferred fee income		(512	)					(576	)
Real estate loans, net	$	36,584					$	66,690

Schedule of changes in non-earning loans before allowance for possible losses

A summary of the changes in non-earning loans before allowance for possible losses of $3,165,000 (as of September 30, 2010) for the years ended September 30, 2011 and 2010, is as follows (dollars in thousands):

	2011			2010
Beginning principal balance	$	35,143		$	2,836
Additions		—			34,563
Total additions		—			34,563
Payoffs and paydowns		—			(2,256	)
Sale of loan		(26,655	)		—
Reclassified to real estate loan held for sale		(8,488	)		—
Total reductions		(35,143	)		(2,256	)
Ending principal balance	$	—		$	35,143