Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net income (loss)	$ 103,529	$ 61,104
Adjustments to reconcile net income to net cash from operating activities:
Depreciation expense	1,333	1,662
Straight line office rent amortization	257	(10)
Amortization expense related to other asset	7,062	645
Deferred income taxes	1,231
Unrealized losses attributable to changes in fair value of stock accounted for under the fair value option		290
Dividend income		(1,259)
Revenues paid in common shares of Managed REITs		(6,564)
Gain on sale of shares		(15)
Equity in earnings of investee		(115)
Other Noncash Expense	175
Changes in assets and liabilities:
Due from related parties	(4,757)	25,613
Accounts receivable		26,229
Prepaid and other current assets	(2,054)	(119)
Accounts payable, accrued expenses and deposits	17,198	13,817
Incentive fee allocable to ABP Trust	(26,611)
Due to related parties		(27,639)
Net cash from operating activities	97,363	93,639
Investing activities
Purchase of property and equipment	(955)	(1,176)
Proceeds from sale of shares		2,369
Proceeds from disposal of assets		1,335
Dividends received from investment in REITs		1,237
Purchase of investment in RMR LLC		(46,386)
Net cash (used in) provided by investing activities	(955)	(42,621)
Financing activities
Proceeds from Issuance of Common Stock		57,906
Distributions to noncontrolling interest	(36,574)
Members distribution		(224,139)
Distributions to common shareholders	(13,207)
Net cash used in financing activities	(49,781)	(166,233)
Effect of exchange rate fluctuations on cash and cash equivalents	13	12
Cash and Cash Equivalents, Period Increase (Decrease), Total	46,640	(115,203)
Cash and cash equivalents at beginning of year	34,497	141,731
Cash and cash equivalents at end of year	81,137	26,528
Supplemental cash flow information
Income taxes paid	$ 19,287	217
Supplemental schedule of non-cash activities
Establishment of deferred taxes, net of amounts payable under tax receivable agreement		14,107
Non-cash equity activity		60,143
Establishment of other asset		193,806
Proceeds from the issuance of common shares received in Managed REIT shares		121,378
Purchase of investment in RMR LLC in Managed REIT shares		$ (121,378)