XML 74 R63.htm IDEA: XBRL DOCUMENT v2.4.0.8
QUARTERLY FINANCIAL DATA (Unaudited) (Details) (USD $)
3 Months Ended 12 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
QUARTERLY FINANCIAL DATA (Unaudited)                      
Revenues $ 19,399,000 $ 17,766,000 $ 15,152,000 $ 14,078,000 $ 10,158,000 $ 8,517,000 $ 7,179,000 $ 5,951,000 $ 66,395,000 $ 31,805,000 $ 9,893,000
Expenses 24,312,000 21,959,000 19,028,000 18,681,000 13,766,000 12,029,000 9,327,000 9,829,000 83,980,000 44,951,000 17,390,000
Total revenues less total expenses (4,913,000) (4,193,000) (3,876,000) (4,603,000) (3,608,000) (3,512,000) (2,148,000) (3,878,000) (17,585,000) (13,146,000) (7,497,000)
Equity in earnings of unconsolidated ventures 10,000 5,000 4,000   15,000 54,000 68,000 61,000 19,000 198,000 965,000
Gain on sale of available-for-sale securities         48,000   482,000     530,000 605,000
Gain on sale of partnership interest         5,481,000         5,481,000  
Loss from continuing operations (4,903,000) (4,188,000) (3,872,000) (4,603,000) 1,936,000 (3,458,000) (1,598,000) (3,817,000) (17,566,000) (6,937,000) (5,927,000)
Income from discontinued operations:                      
Discontinued operations         1,559,000 2,789,000 2,274,000 1,635,000 1,400,000 8,257,000 3,493,000
Discontinued operations 2,000 185,000 361,000 852,000 1,819,000 3,298,000 2,274,000 1,635,000 1,400,000 9,026,000 7,477,000
QUARTERLY FINANCIAL DATA (Unaudited)                      
Net (loss) income (4,901,000) (4,003,000) (3,511,000) (3,751,000) 3,755,000 (160,000) 676,000 (2,182,000) (16,166,000) 2,089,000 1,550,000
Plus: net loss attributable to non-controlling interests 1,103,000 3,672,000 919,000 1,018,000 1,031,000 681,000 334,000 878,000 6,712,000 2,924,000 2,880,000
Net (loss) income attributable to common shareholders (3,798,000) (331,000) (2,592,000) (2,733,000) 4,786,000 521,000 1,010,000 (1,304,000) (9,454,000) 5,013,000 4,430,000
Basic and per share amounts attributable to common shareholders                      
Continuing operations (in dollars per share) $ (0.27) $ (0.03) $ (0.21) $ (0.25) $ 0.21 $ (0.19) $ (0.09) $ (0.21) $ (0.76) $ (0.28)  
Discontinued operations (in dollars per share)   $ 0.01 $ 0.03 $ 0.06 $ 0.12 $ 0.23 $ 0.16 $ 0.12 $ 0.10 $ 0.63  
Basic and diluted (loss) earnings per share (in dollars per share) $ (0.27) $ (0.02) $ (0.18) $ (0.19) $ 0.33 $ 0.04 $ 0.07 $ (0.09) $ (0.66) $ 0.35 $ 0.32
Real estate assets
                     
Income from discontinued operations:                      
Gain on sale of assets         $ 260,000 $ 509,000       $ 769,000 $ 792,000