SIGNIFICANT CONCENTRATIONS OF CREDIT RISK

12 Months Ended

Sep. 30, 2011

Risks and Uncertainties [Abstract]

SIGNIFICANT CONCENTRATIONS OF CREDIT RISK

NOTE 5 – SIGNIFICANT CONCENTRATIONS OF CREDIT RISK

The Company has approximately 7,532,000 square feet of property. During fiscal 2011, 2010 and 2009, three tenants leased greater than 5% of total rentable square footage as follows:

	2011	2010	2009
FDX and Subsidiaries	47%	49%	46%
Mead Corporation, subleased to Hallmark  Cards, Inc.	5%	6%	6%
Cracker Barrel Old Country Store, Inc.	5%	-0-	-0-

During fiscal 2011, 2010, and 2009, the only tenant that accounted for more than 5% of our total rental and reimbursement revenue was FDX and subsidiaries. Rental and reimbursement revenue from FDX and subsidiaries totaled approximately $26,883,000, $26,160,000 and $24,526,000 for the years ended September 30, 2011, 2010 and 2009, respectively. During fiscal 2011, 2010 and 2009, rental income and occupancy charges from properties leased to FDX and subsidiaries was approximately 56%, 57%% and 59% of total rental and reimbursement revenue, respectively.