INTANGIBLE ASSETS

12 Months Ended

Sep. 30, 2011

INTANGIBLE ASSETS

NOTE 6.  INTANGIBLE ASSETS

Intangible assets by category, amortization expense for the periods, and estimated future amortization at period end are presented below:

	September 30,
Intangible Assets	2011			2010
	(thousands)
Customer relationships	$	5,900		$	-
Property tax abatement		360			360
Non-compete agreement		100			-
Total intangibles, at cost		6,360			360
Accumulated amortization		(396	)		(29	)
Net intangible assets	$	5,964		$	331
	Years ended September 30,
Amortization Expense		2011			2010
	(thousands)
Amortization expense, relating to intangibles	$	367		$	29
	Estimated
	future
Future Amortization	amortization
	(thousands)
Years ending September 30,
2012	$	452
2013		452
2014		452
2015		452
2016		437