XML 81 R64.htm IDEA: XBRL DOCUMENT v3.10.0.1
SHAREHOLDERS' EQUITY - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Equity incentive plans        
Dividends declared (in dollars per share) $ 0.78 $ 0.18 $ 0  
Dividends paid (in dollars per share) $ 0.78 $ 0.18 $ 0  
Restricted Shares        
Compensation expense $ 988 $ 1,218 $ 1,005  
Restricted Stock Units (RSUs)        
Restricted Shares        
Compensation expense $ (56) $ 240 $ 146  
Restricted stock        
Restricted Shares        
Grants in period (in shares) 144,797 147,500 141,050  
Compensation expense $ 1,044 $ 978 $ 859  
Unearned compensation $ 3,023 $ 2,356    
Shares granted but not yet vested (in shares) 705,847 689,375 666,775 672,875
Vesting period for shares issued 5 years      
Remaining weighted average vesting period 2 years 3 months 18 days      
Incentive Plan 2016        
Restricted Shares        
Shares authorized for issuance (in shares) 600,000      
Incentive Plan 2016 | Restricted Stock Units (RSUs)        
Restricted Shares        
Grants in period (in shares) 450,000      
Recognized and unrecognized unearned compensation $ 2,117      
Recognized and unrecognized unearned compensation, reversed 1,432      
General and administrative expense from unearned compensation 685      
Compensation expense (56) $ 240 $ 146  
Unearned compensation $ 354 $ 1,015    
2012 Stock Incentive Plan        
Restricted Shares        
Shares authorized for issuance (in shares) 600,000      
CAGR in Shareholder Return | Incentive Plan 2016 | Restricted Stock Units (RSUs)        
Restricted Shares        
Grants in period (in shares) 200,000      
CAGR in Adjusted Funds from Operations | Incentive Plan 2016 | Restricted Stock Units (RSUs)        
Restricted Shares        
Grants in period (in shares) 200,000      
CAGR Relative to FTSE NAREIT Equity Apartment Index | Incentive Plan 2016 | Restricted Stock Units (RSUs)        
Restricted Shares        
Grants in period (in shares) 50,000      
Contingently issuable shares (in shares) 450,000      
Contingently issuable shares, excluded from diluted earnings calculation (in shares) 250,000      
Contingently issuable shares included in diluted earnings calculation (in shares) 200,000