XML 41 R25.htm IDEA: XBRL DOCUMENT v3.6.0.2
QUARTERLY FINANCIAL DATA (Unaudited)
12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (Unaudited)
QUARTERLY FINANCIAL DATA (Unaudited)
 
 
2016
 
 
1st Quarter
Oct. - Dec
 
2nd Quarter
Jan. - March
 
3rd Quarter
April - June
 
4th Quarter
July - Sept.
 
Total
For Year
Revenues
 
$
21,405

 
$
24,857

 
$
23,245

 
$
24,757

 
$
94,264

Expenses
 
23,187

 
25,849

 
26,610

 
28,455

 
104,101

Total revenues less total expenses
 
(1,782
)
 
(992
)
 
(3,365
)
 
(3,698
)
 
(9,837
)
Gain on sale of real estate
 
609

 
24,226

 
10,263

 
11,379

 
46,477

Gain on sale of partnership interest
 

 

 
386

 

 
386

Loss on extinguishment of debt
 

 
(2,668
)
 

 
(1,879
)
 
(4,547
)
(Loss) income from continuing operations
 
(1,173
)
 
20,566

 
7,284

 
5,802

 
32,479

(Loss) income from discontinued operations
 
(1,600
)
 
14,279

 

 

 
12,679

Net (loss) income
 
(2,773
)
 
34,845

 
7,284

 
5,802

 
45,158

Net loss (income) attributable to non-controlling interests
 
739

 
(9,909
)
 
(1,804
)
 
(2,895
)
 
(13,869
)
Net (loss) income attributable to common shareholders
 
$
(2,034
)
 
$
24,936

 
$
5,480

 
$
2,907

 
$
31,289

 
 
 
 
 
 
 
 
 
 
 
Basic and per share amounts attributable to common shareholders
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.10
)
 
$
0.70

 
$
0.39

 
$
0.21

 
$
1.21

Discontinued operations
 
(0.04
)
 
1.06

 

 

 
1.02

Basic and diluted (loss) income per share
 
$
(0.14
)
 
$
1.76

 
$
0.39

 
$
0.21

 
$
2.23


NOTE 15—QUARTERLY FINANCIAL DATA (Unaudited) - (continued)
 
 
2015
 
 
1st Quarter
Oct. - Dec
 
2nd Quarter
Jan. - March
 
3rd Quarter
April - June
 
4th Quarter
July - Sept.
 
Total
For Year
Revenues
 
$
18,526

 
$
19,123

 
$
19,790

 
$
19,656

 
$
77,095

Expenses
 
20,320

 
20,838

 
21,596

 
24,622

 
87,376

Total revenues less total expenses
 
(1,794
)
 
(1,715
)
 
(1,806
)
 
(4,966
)
 
(10,281
)
Gain on sale of real estate
 

 
2,777

 

 
12,228

 
15,005

(Loss) income from continuing operations
 
(1,794
)
 
1,062

 
(1,806
)
 
7,262

 
4,724

Loss from discontinued operations
 
(1,733
)
 
(1,448
)
 
(1,702
)
 
(1,446
)
 
(6,329
)
Net (loss) income
 
(3,527
)
 
(386
)
 
(3,508
)
 
5,816

 
(1,605
)
Net loss (income) attributable to non-controlling interests
 
1,029

 
(362
)
 
930

 
(2,380
)
 
(783
)
Net (loss) income attributable to common shareholders
 
$
(2,498
)
 
$
(748
)
 
$
(2,578
)
 
$
3,436

 
$
(2,388
)
 
 
 
 
 
 
 
 
 
 
 
Basic and per share amounts attributable to common shareholders
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.15
)
 
$
(0.01
)
 
$
(0.13
)
 
$
0.27

 
$
(0.02
)
Discontinued operations
 
(0.03
)
 
(0.04
)
 
(0.05
)
 
(0.03
)
 
(0.15
)
Basic and diluted (loss) income per share
 
$
(0.18
)
 
$
(0.05
)
 
$
(0.18
)
 
$
0.24

 
$
(0.17
)