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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Sep. 30, 2015
Real estate investments at cost:    
Land $ 104,678 $ 102,347
Buildings and improvements 181,977 174,820
Projects under construction 4,994 4,129
Total investments in properties 291,649 281,296
Less accumulated depreciation and depletion 75,710 74,091
Net investments in properties 215,939 207,205
Real estate held for investment, at cost 7,306 7,306
Real estate held for sale, at cost 0 4,826
Investment in joint ventures 19,168 19,010
Net real estate investments 242,413 238,347
Cash and cash equivalents 0 419
Cash held in escrow 1,174 0
Accounts receivable 569 778
Federal and state income taxes receivable 0 393
Unrealized rents 4,864 4,817
Deferred costs 7,914 7,449
Other assets 175 275
Total assets 257,109 252,478
Liabilities:    
Secured notes payable, less current portion 34,924 36,011
Secured notes payable, current portion 4,247 4,180
Lines of credit payable 2,928 8,494
Accounts payable and accrued liabilities 1,809 3,456
Environmental remediation liability 48 51
Deferred revenue 806 1,060
Federal and state income taxes payable 1,039 0
Bank overdraft 69 0
Deferred income taxes 17,987 14,541
Deferred compensation 1,444 1,400
Deferred lease intangible, net 30 45
Tenant security deposits 991 898
Total liabilities $ 66,322 $ 70,136
Commitments and contingencies (Note 8)
Shareholders' Equity:    
Common stock, $.10 par value; 25,000,000 shares authorized, 9,840,600 and 9,791,770 shares issued and outstanding, respectively $ 984 $ 979
Capital in excess of par value 50,839 49,872
Retained earnings 138,970 131,497
Accumulated other comprehensive loss, net (6) (6)
Total shareholders' equity 190,787 182,342
Total liabilities and shareholders' equity $ 257,109 $ 252,478