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SCHEDULE III - REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Real estate properties and accumulated depreciation  
Encumbrances $ 482,406
Initial Cost to Company  
Land 133,881
Buildings and Improvements 422,081
Costs Capitalized Subsequent to Acquisition  
Land 4,843
Improvements 96,683
Carrying Costs 7,938
Gross Amount At Which Carried  
Land 136,259
Buildings and Improvements 526,777
Total 663,036
Accumulated Depreciation 27,424
Commercial | Yonkers, NY
 
Real estate properties and accumulated depreciation  
Encumbrances 1,767
Initial Cost to Company  
Buildings and Improvements 4,000
Costs Capitalized Subsequent to Acquisition  
Improvements 190
Gross Amount At Which Carried  
Buildings and Improvements 4,190
Total 4,190
Accumulated Depreciation 1,511
Depreciation Life For Latest Income Statement 39 years
Commercial | South Daytona, FL
 
Initial Cost to Company  
Land 10,437
Gross Amount At Which Carried  
Land 7,972
Total 7,972
Commercial | Newark, NJ
 
Real estate properties and accumulated depreciation  
Encumbrances 95,504
Initial Cost to Company  
Land 17,088
Buildings and Improvements 19,033
Costs Capitalized Subsequent to Acquisition  
Land 4,843
Improvements 68,585
Carrying Costs 7,873
Gross Amount At Which Carried  
Land 21,931
Buildings and Improvements 95,491
Total 117,422
Accumulated Depreciation 4,401
Depreciation Life For Latest Income Statement 39 years
Multi-family residential | Marietta, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 7,297
Initial Cost to Company  
Land 1,750
Buildings and Improvements 6,350
Costs Capitalized Subsequent to Acquisition  
Improvements 2,301
Gross Amount At Which Carried  
Land 1,750
Buildings and Improvements 8,651
Total 10,401
Accumulated Depreciation 947
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Lawrenceville, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 6,257
Initial Cost to Company  
Land 1,450
Buildings and Improvements 4,800
Costs Capitalized Subsequent to Acquisition  
Improvements 1,018
Gross Amount At Which Carried  
Land 1,450
Buildings and Improvements 5,818
Total 7,268
Accumulated Depreciation 518
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Palm Beach Gardens, FL
 
Real estate properties and accumulated depreciation  
Encumbrances 44,874
Initial Cost to Company  
Land 16,260
Buildings and Improvements 43,140
Costs Capitalized Subsequent to Acquisition  
Improvements 1,433
Gross Amount At Which Carried  
Land 16,260
Buildings and Improvements 44,573
Total 60,833
Accumulated Depreciation 4,373
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Melbourne, FL
 
Real estate properties and accumulated depreciation  
Encumbrances 7,626
Initial Cost to Company  
Land 1,150
Buildings and Improvements 8,100
Costs Capitalized Subsequent to Acquisition  
Improvements 1,539
Gross Amount At Which Carried  
Land 1,150
Buildings and Improvements 9,639
Total 10,789
Accumulated Depreciation 1,011
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Collierville, TN
 
Real estate properties and accumulated depreciation  
Encumbrances 25,680
Initial Cost to Company  
Land 6,420
Buildings and Improvements 25,680
Costs Capitalized Subsequent to Acquisition  
Improvements 502
Gross Amount At Which Carried  
Land 6,420
Buildings and Improvements 26,182
Total 32,602
Accumulated Depreciation 1,949
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | North Charleston, SC
 
Real estate properties and accumulated depreciation  
Encumbrances 17,716
Initial Cost to Company  
Land 2,436
Buildings and Improvements 19,075
Costs Capitalized Subsequent to Acquisition  
Improvements 610
Gross Amount At Which Carried  
Land 2,436
Buildings and Improvements 19,685
Total 22,121
Accumulated Depreciation 1,532
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Cordova, TN
 
Real estate properties and accumulated depreciation  
Encumbrances 19,248
Initial Cost to Company  
Land 1,823
Buildings and Improvements 23,627
Costs Capitalized Subsequent to Acquisition  
Improvements 457
Gross Amount At Which Carried  
Land 1,823
Buildings and Improvements 24,084
Total 25,907
Accumulated Depreciation 1,707
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Decatur, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 10,520
Initial Cost to Company  
Land 1,698
Buildings and Improvements 8,752
Costs Capitalized Subsequent to Acquisition  
Improvements 905
Gross Amount At Which Carried  
Land 1,698
Buildings and Improvements 9,657
Total 11,355
Accumulated Depreciation 686
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Panama City, FL
 
Real estate properties and accumulated depreciation  
Encumbrances 5,532
Initial Cost to Company  
Land 1,411
Buildings and Improvements 5,790
Costs Capitalized Subsequent to Acquisition  
Improvements 512
Gross Amount At Which Carried  
Land 1,411
Buildings and Improvements 6,302
Total 7,713
Accumulated Depreciation 490
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX Location 1
 
Real estate properties and accumulated depreciation  
Encumbrances 13,200
Initial Cost to Company  
Land 5,143
Buildings and Improvements 11,620
Costs Capitalized Subsequent to Acquisition  
Improvements 248
Gross Amount At Which Carried  
Land 5,143
Buildings and Improvements 11,868
Total 17,011
Accumulated Depreciation 711
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Pooler, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 26,400
Initial Cost to Company  
Land 1,848
Buildings and Improvements 33,402
Costs Capitalized Subsequent to Acquisition  
Improvements 365
Gross Amount At Which Carried  
Land 1,848
Buildings and Improvements 33,767
Total 35,615
Accumulated Depreciation 1,833
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX Location 2
 
Real estate properties and accumulated depreciation  
Encumbrances 6,494
Initial Cost to Company  
Land 3,060
Buildings and Improvements 5,505
Costs Capitalized Subsequent to Acquisition  
Improvements 265
Gross Amount At Which Carried  
Land 3,060
Buildings and Improvements 5,770
Total 8,830
Accumulated Depreciation 313
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Hixson, TN
 
Real estate properties and accumulated depreciation  
Encumbrances 8,137
Initial Cost to Company  
Land 1,231
Buildings and Improvements 9,613
Costs Capitalized Subsequent to Acquisition  
Improvements 52
Gross Amount At Which Carried  
Land 1,231
Buildings and Improvements 9,665
Total 10,896
Accumulated Depreciation 484
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Kennesaw, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 35,900
Initial Cost to Company  
Land 5,566
Buildings and Improvements 43,484
Costs Capitalized Subsequent to Acquisition  
Improvements 577
Gross Amount At Which Carried  
Land 5,566
Buildings and Improvements 44,061
Total 49,627
Accumulated Depreciation 1,751
Depreciation Life For Latest Income Statement 30 years
Multi-family residential | Houston, TX (Palms)
 
Real estate properties and accumulated depreciation  
Encumbrances 24,100
Initial Cost to Company  
Land 16,800
Buildings and Improvements 16,000
Costs Capitalized Subsequent to Acquisition  
Improvements 1,835
Gross Amount At Which Carried  
Land 16,800
Buildings and Improvements 17,835
Total 34,635
Accumulated Depreciation 562
Multi-family residential | Houston (Pasadena), TX (Ashwood)
 
Real estate properties and accumulated depreciation  
Encumbrances 4,065
Initial Cost to Company  
Land 1,084
Buildings and Improvements 4,336
Costs Capitalized Subsequent to Acquisition  
Improvements 184
Gross Amount At Which Carried  
Land 1,084
Buildings and Improvements 4,520
Total 5,604
Accumulated Depreciation 142
Multi-family residential | Humble, TX (Parkside)
 
Real estate properties and accumulated depreciation  
Encumbrances 5,025
Initial Cost to Company  
Land 1,340
Buildings and Improvements 8,400
Costs Capitalized Subsequent to Acquisition  
Improvements 229
Gross Amount At Which Carried  
Land 1,340
Buildings and Improvements 8,629
Total 9,969
Accumulated Depreciation 275
Multi-family residential | Humble, TX (Meadowbrook)
 
Real estate properties and accumulated depreciation  
Encumbrances 7,875
Initial Cost to Company  
Land 2,100
Buildings and Improvements 5,360
Costs Capitalized Subsequent to Acquisition  
Improvements 309
Gross Amount At Which Carried  
Land 2,100
Buildings and Improvements 5,669
Total 7,769
Accumulated Depreciation 176
Multi-family residential | Huntsville, AL
 
Real estate properties and accumulated depreciation  
Encumbrances 9,573
Initial Cost to Company  
Land 2,410
Buildings and Improvements 9,640
Costs Capitalized Subsequent to Acquisition  
Improvements 681
Gross Amount At Which Carried  
Land 2,410
Buildings and Improvements 10,321
Total 12,731
Accumulated Depreciation 323
Multi-family residential | Columbus, OH
 
Real estate properties and accumulated depreciation  
Encumbrances 10,528
Initial Cost to Company  
Land 2,810
Buildings and Improvements 11,240
Costs Capitalized Subsequent to Acquisition  
Improvements 46
Gross Amount At Which Carried  
Land 2,810
Buildings and Improvements 11,286
Total 14,096
Accumulated Depreciation 313
Multi-family residential | Indianapolis, IN
 
Real estate properties and accumulated depreciation  
Encumbrances 14,500
Initial Cost to Company  
Land 3,516
Buildings and Improvements 15,284
Costs Capitalized Subsequent to Acquisition  
Improvements 309
Gross Amount At Which Carried  
Land 3,516
Buildings and Improvements 15,593
Total 19,109
Accumulated Depreciation 347
Multi-family residential | Greenville, South Carolina
 
Real estate properties and accumulated depreciation  
Encumbrances 5,828
Initial Cost to Company  
Land 7,000
Costs Capitalized Subsequent to Acquisition  
Improvements 12,526
Carrying Costs 65
Gross Amount At Which Carried  
Land 7,000
Buildings and Improvements 12,591
Total 19,591
Multi-family residential | Nashville, TN
 
Real estate properties and accumulated depreciation  
Encumbrances 17,300
Initial Cost to Company  
Land 5,350
Buildings and Improvements 21,400
Costs Capitalized Subsequent to Acquisition  
Improvements 116
Gross Amount At Which Carried  
Land 5,350
Buildings and Improvements 21,516
Total 26,866
Accumulated Depreciation 357
Multi-family residential | Little Rock, AK
 
Real estate properties and accumulated depreciation  
Encumbrances 4,063
Initial Cost to Company  
Land 1,350
Buildings and Improvements 5,400
Costs Capitalized Subsequent to Acquisition  
Improvements 28
Gross Amount At Which Carried  
Land 1,350
Buildings and Improvements 5,428
Total 6,778
Accumulated Depreciation 91
Multi-family residential | Wichita, KS
 
Real estate properties and accumulated depreciation  
Encumbrances 13,757
Initial Cost to Company  
Land 4,150
Buildings and Improvements 16,600
Costs Capitalized Subsequent to Acquisition  
Improvements 132
Gross Amount At Which Carried  
Land 4,150
Buildings and Improvements 16,732
Total 20,882
Accumulated Depreciation 278
Multi-family residential | Atlanta, GA
 
Real estate properties and accumulated depreciation  
Encumbrances 22,165
Initial Cost to Company  
Land 5,670
Buildings and Improvements 22,680
Costs Capitalized Subsequent to Acquisition  
Improvements 40
Gross Amount At Which Carried  
Land 5,670
Buildings and Improvements 22,720
Total 28,390
Accumulated Depreciation 189
Multi-family residential | Houston, TX Location 5
 
Real estate properties and accumulated depreciation  
Encumbrances 11,475
Initial Cost to Company  
Land 1,530
Buildings and Improvements 13,770
Costs Capitalized Subsequent to Acquisition  
Improvements 689
Gross Amount At Which Carried  
Land 1,530
Buildings and Improvements 14,459
Total 15,989
Accumulated Depreciation 154
Misc.
 
Gross Amount At Which Carried  
Buildings and Improvements 75
Total $ 75