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Intangible Assets
12 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
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19.Intangible Assets.

 

The Company reviews intangible assets for impairment, whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of long-lived assets is measured by a comparison of the carrying amount of the asset group to the future undiscounted net cash flows expected to be generated by those assets. If such assets are considered to be impaired, the impairment charge recognized is the amount by which the carrying amounts of the assets exceeds the fair value of the assets.

 

The gross amounts and accumulated amortization of identifiable intangible assets are as follows (in thousands):

 

    September 30, 2015     September 30, 2014  
      Gross      Accumulated        Gross      Accumulated       
      Amount     Amortization       Amount     Amortization      
Amortizable intangible assets:                                
  In-place leases (useful life 7-8 years)   $ 1,385   $ 836     $ 1,385   $ 570      
  Above Market leases (useful life 5 years)     48     19       48     15      
    $ 1,433   $ 855     $ 1,433   $ 585      

 

 

 

  September 30, 2015     September 30, 2014  
      Gross      Accumulated        Gross      Accumulated       
      Amount     Amortization       Amount     Amortization      
Amortizable intangible liabilities:                                
  Below Market leases (useful life 4-5 years)   $ 220   $ 176     $ 220   $ 118      
    $ 220   $ 176     $ 220   $ 118