RENTAL EQUIPMENT, NET (Tables)

3 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Rental equipment was as follows as of December 31, 2019 and September 30, 2019.

	December 31, 2019			September 30, 2019
(Dollars in Thousands)
Computers and IT networking equipment	$	32,733		$	37,352
Motor vehicles and other	106,133			98,149
Office furniture and equipment	2,900			2,875
Solar panels and equipment	117,166			116,505
Total	258,932			254,881
Accumulated depreciation	(49,314		)	(46,344		)
Unamortized initial direct costs	2,055			—
Net book value	$	211,673		$	208,537

Schedule of Future Minimum Rental Payments for Operating Leases

Undiscounted future minimum lease payments expected to be received for operating leases at December 31, 2019 were as follows:

(Dollars in Thousands)
2020	$	25,787
2021	29,922
2022	23,016
2023	17,437
2024	11,813
Thereafter	23,145
Total undiscounted future minimum lease payments receivable for operating leases	$	131,120

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:

(Dollars in Thousands)	At December 31, 2019
2020	$	2,657
2021	3,448
2022	3,131
2023	2,442
2024	2,443
Thereafter	18,241
Total undiscounted future minimum lease payments	32,362
Discount	(4,636		)
Total operating lease liabilities	$	27,726