ACQUISITIONS, DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)

12 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

Schedule of Real Estate Acquisitions

Information regarding these purchases is set forth below:

Location	Purchase Date	No. of Units	Contract Purchase Price		Acquisition Mortgage Debt		Initial BRT Equity		Property Acquisition Costs
Charleston, SC ( a)	12/22/2014	271	$	27,950	$	—	$	11,380	$	—
LaGrange, GA	7/24/2015	236	22,800		16,052		6,558		57,000
		507	$	50,750	$	16,052	$	17,938	$	57,000

The Trust has an 80% equity interest in each venture, except for the Pensacola, FL and Valley, AL ventures in each of which it has a 97.5% interest (dollars in thousands):

Location	Purchase Date	No. of Units	Contract Purchase Price		Acquisition Mortgage Debt		Initial BRT Equity		Property Acquisition Costs
Pensacola, FL	12/22/2014	276	$	27,950	$	17,173	$	11,380	$	258
Valley, AL	7/27/2015	618	43,750		28,990		10,351		629
San Marco, TX	09/08/2015	192	21,725		17,158		4,720		535
Lake St. Louis, MO	09/25/2015	420	36,000		27,957		8,500		447
Other		—	—		—		—		16
		1,506	$	129,425	$	91,278	$	34,951	$	1,885

Schedule of Real Estate Disposals

Set forth below is a summary of the real estate properties disposed of by the Trust in the year ended September 30, 2015(dollars in thousands):

Location	Sale Date	No. of Units	Sales Price		Gain on Sale		Non-controlling partner portion of gain
Lawrenceville, GA	2/5/2015	170	$	9,700	$	2,655	$	1,141
Marietta, GA	7/7/2015	207	17,600		7,781		3,179
Houston, TX	7/24/2015	236	39,848		3,846		769
New York, NY	9/30/2015	1	635		601		—
Misc.		—	—		122		—
		614	$	67,783	$	15,005	$	5,089