SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Sep. 30, 2012

SHAREHOLDER'S EQUITY

Schedule of changes in number of shares outstanding under the BRT Incentive Plans

	Years Ended September 30,
	2012			2011			2010
Outstanding at beginning of the year		491,705			391,580			299,280
Issued		136,650			138,150			125,150
Cancelled		(7,250	)		(175	)		(2,050	)
Vested		(40,925	)		(37,850	)		(30,800	)
Outstanding at the end of the year		580,180			491,705			391,580

Schedule of computation of basic and diluted earnings (loss) per share

The following table sets forth the computation of basic and diluted earnings (loss) per share (dollars in thousands):

	2012		2011		2010
Numerator for basic and diluted earnings (loss) per share attributable to common shareholders:
Net income (loss) attributable to common shareholders	$	4,430	$	6,374	$	(8,015	)
Denominator:
Denominator for basic earnings (loss) per share—weighted average shares(1)		14,035,972		14,041,569		13,871,668
Effect of dilutive securities:
Employee stock options		—		—		298
Denominator for diluted earnings (loss) per share—adjusted weighted average shares and assumed conversions(1)		14,035,972		14,041,569		13,871,668
Basic earnings (loss) per share	$	.32	$	.45	$	(.58	)
Diluted earnings (loss) per share	$	.32	$	.45	$	(.58	)

(1)

Outstanding shares for 2010 are the same for basic and diluted as the effect of dilutive shares in the computation of earnings per share would have been antidilutive