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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Interest on real estate loans $ 2,014 $ 2,828 $ 5,628 $ 5,730
Loan fee income 548 690 1,388 1,208
Rental revenue from real estate properties 2,668 763 4,455 2,576
Recovery of previously provided allowances 9 1,002 19 3,568
Other income 316 61 906 411
Total revenues 5,555 5,344 12,396 13,493
Expenses:        
Interest on borrowed funds 1,416 452 2,758 1,651
Advisor's fees, related party 333 237 777 699
Foreclosure related professional fees   162   519
Property acquisition costs 471   2,264  
General and administrative-including $181 and $231 to related party for the three months ended and $662 and $682 for the nine months ended, respectively 1,734 1,585 5,414 4,645
Operating expenses relating to real estate properties 1,733 889 3,478 2,655
Amortization and depreciation 1,077 183 1,441 555
Total expenses 6,764 3,508 16,132 10,724
Total revenues less total expenses (1,209) 1,836 (3,736) 2,769
Equity in earnings (loss) of unconsolidated ventures 20 60 (95) 195
Gain on sale of available-for-sale securities 96 176 420 1,190
Gain on sale of loan     3,192  
Loss on extinguishment of debt       (2,138)
(Loss) income from continuing operations (1,093) 2,072 (219) 2,016
Discontinued operations:        
Gain on sale of real estate assets 302 645 792 1,342
Net (loss) income (791) 2,717 573 3,358
Plus: net loss attributable to non controlling interests 649 455 2,131 1,153
Net (loss) income attributable to common shareholders (142) 3,172 2,704 4,511
Basic and diluted per share amounts attributable to common shareholders:        
(Loss) income from continuing operations (in dollars per share) $ (0.03) $ 0.18 $ 0.13 $ 0.22
Discontinued operations (in dollars per share) $ 0.02 $ 0.05 $ 0.06 $ 0.10
Basic and diluted (loss) income per share (in dollars per share) $ (0.01) $ 0.23 $ 0.19 $ 0.32
Amounts attributable to BRT Realty Trust:        
(Loss) income from continuing operations (444) 2,527 1,912 3,169
Discontinued operations 302 645 792 1,342
Net (loss) income $ (142) $ 3,172 $ 2,704 $ 4,511
Weighted average number of common shares outstanding:        
Basic (in shares) 14,056,357 14,070,774 14,029,364 14,031,861
Diluted (in shares) 14,056,357 14,070,774 14,029,364 14,031,861