REAL ESTATE HELD FOR SALE

9 Months Ended

Jun. 30, 2016

Real Estate [Abstract]

REAL ESTATE HELD FOR SALE

REAL ESTATE HELD FOR SALE

In April 2016, the residence that was available for sale in Lot 4A Increment I was sold for $5,700,000 in gross proceeds, before commission and other closing costs, and as a result of the sale, income in the amount of $190,000 was recognized during the three and nine months ended June 30, 2016.