Segment Reporting

12 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

We have one separately reportable business segment, which is RMR LLC. In the tables below, All Other Operations includes the operations of RMR Inc., RMR Advisors, Tremont Advisors and RMR Intl.

	Fiscal Year Ended September 30, 2017
			All Other
Revenues:	RMR LLC(1)		Operations			Total
Management services	$	227,294	$	—		$	227,294
Reimbursable payroll related and other costs	40,279		53			40,332
Advisory services	—		4,102			4,102
Total revenues	267,573		4,155			271,728
Expenses:
Compensation and benefits	96,816		2,937			99,753
General and administrative	23,538		1,651			25,189
Transaction and acquisition related costs	337		8,850			9,187
Depreciation and amortization	1,415		623			2,038
Total expenses	122,106		14,061			136,167
Operating income (loss)	145,467		(9,906		)	135,561
Interest and other income	1,130		435			1,565
Income (loss) before income tax expense and equity in losses of investees	146,597		(9,471		)	137,126
Income tax expense	—		(28,251		)	(28,251		)
Equity in losses of investees	—		(206		)	(206		)
Net income (loss)	$	146,597	$	(37,928	)	$	108,669
Total Assets:	$	308,018	$	75,701		$	383,719

⁽¹⁾  Intersegment revenues of $738 recognized by RMR LLC for services provided to the All Other Operations segment have been eliminated in the consolidated financial statements.

	Fiscal Year Ended September 30, 2016
				All Other
	RMR LLC(1)			Operations			Total
Revenues:
Management services	$	226,602		$	58		$	226,660
Reimbursable payroll related and other costs	37,660			—			37,660
Advisory services	—			2,620			2,620
Total revenues	264,262			2,678			266,940
Expenses:
Compensation and benefits	90,872			1,113			91,985
Separation costs	1,358			—			1,358
General and administrative	21,712			1,451			23,163
Transaction and acquisition related costs	1,966			—			1,966
Depreciation and amortization	1,703			65			1,768
Total expenses	117,611			2,629			120,240
Operating income	146,651			49			146,700
Interest and other income	223			11			234
Income before income tax expense	146,874			60			146,934
Income tax expense	(1		)	(24,572		)	(24,573		)
Net income (loss)	$	146,873		$	(24,512	)	$	122,361
Total Assets:	$	277,802		$	59,729		$	337,531

⁽¹⁾  Intersegment revenues of $1,806 recognized by RMR LLC for services provided to the All Other Operations segment have been eliminated in the consolidated financial statements. 

	Fiscal Year Ended September 30, 2015
				All Other
Revenues:	RMR LLC(1)			Operations			Total
Management services	$	161,903		$	423		$	162,326
Reimbursable payroll related and other costs	28,230			—			28,230
Advisory services	—			2,380			2,380
Total revenues	190,133			2,803			192,936
Expenses:
Compensation and benefits	81,886			1,570			83,456
Separation costs	116			—			116
General and administrative	20,438			643			21,081
Transaction and acquisition related costs	5,454			—			5,454
Depreciation expense	2,117			—			2,117
Total expenses	110,011			2,213			112,224
Operating income	80,122			590			80,712
Interest and other income	1,668			64			1,732
Unrealized gains (losses) attributable to changes in fair value of stock accounted for under the fair value option	(317		)	27			(290		)
Income before income tax expense and equity in earnings of investees	81,473			681			82,154
Income tax expense	60			(4,908		)	(4,848		)
Equity in earnings of investees	115			—			115
Net income (loss)	$	81,648		$	(4,227	)	$	77,421
Total Assets:	$	255,531		$	48,361		$	303,892

⁽¹⁾  Intersegment revenues of $752 recognized by RMR LLC for services provided to the All Other Operations segment have been eliminated in the consolidated financial statements.