Income Taxes (Tables)

3 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of the Company's consolidated provision for income taxes from continuing operations are as follows:

	Three Months Ended December 31,
	2021		2020
	(In thousands)
Current income tax expense:
Federal	$	—	$	—
State	113		—
Total current income tax expense	113		—
Deferred income tax expense (benefit):
Federal	5,669		—
State	87		(515)
Total deferred income tax expense (benefit)	5,756		(515)
Total income tax expense (benefit)	$	5,869	$	(515)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the Company's effective income tax rate is as follows:

	Three Months Ended December 31,
	2021		2020
Tax at statutory rate	21.0	%	21.0	%
Nondeductible compensation	0.1	%	—	%
Stock compensation	(0.3)	%	—	%
State income taxes, net of federal benefit	0.7	%	2.0	%
Income subject to taxation by REP LLC's unitholders	—	%	(21.0)	%
Effective income tax rate	21.5	%	2.0	%