Concentrations

6 Months Ended

Mar. 31, 2016

Risks and Uncertainties [Abstract]

Concentrations

(9) Concentrations. With the completion and occupancy of the 3rd build to suit for the same tenant at Patriot Business Park in the first quarter of fiscal 2015 this particular tenant accounted for 11.6% of the Company’s consolidated revenues during the six months ended March 31, 2016. The mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 12.4% of the Company’s consolidated revenues in the six months ended March 31, 2016 and $163,000 of accounts receivable at March 31, 2016. The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with First Tennessee Bank. At times, such amounts may exceed FDIC limits.