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OPERATING SEGMENTS (Summarized Operating Segment) (Details) (USD $)
3 Months Ended 12 Months Ended
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2010
Segment Reporting Information [Line Items]                      
Revenue from external customers                 $ 60,997,000 $ 75,639,000 $ 83,858,000
Equity in (losses) earnings of unconsolidated entities                 3,439,000 10,377,000 4,870,000
Revenues 17,208,000 [1] 13,784,000 [1] 14,780,000 [1] 18,664,000 [1] 21,400,000 [2] 27,589,000 [2] 20,347,000 [2] 16,680,000 [2] 64,436,000 86,016,000 88,728,000
Segment operating expenses                 (49,169,000) (60,234,000) (59,972,000)
Restructuring expenses                 (365,000) 0 0
General and administrative expenses                 (10,460,000) (11,522,000) (12,972,000)
Gain on sale of leases and loans                 37,000 659,000 (8,097,000)
Impairment charges (2,200,000)               (2,280,000) 0 (2,828,000)
Provision for credit losses                 (17,246,000) (10,661,000) (5,209,000)
Depreciation and amortization                 (3,653,000) (10,739,000) (7,842,000)
Gain on sale of management contract                 0 6,520,000 0
Gain on sale and deconsolidation of subsidiaries                 63,291,000 0 0
Loss on extinguishment of debt       2,200,000         (2,190,000) 0 0
Gain on extinguishment of servicing and repurchase liabilities                 0 4,426,000 0
(Loss) gain on sale of investment securities, net                 63,000 (1,198,000) (451,000)
Other-than-temporary impairment on investments                 (74,000) 0 (809,000)
Interest expense                 (4,741,000) (15,343,000) (13,086,000)
Other income (expense), net                 2,103,000 2,242,000 2,591,000
Pretax income attributable to noncontrolling interests                 (219,000) [3] 151,000 [3] 4,923,000 [3]
Income (loss) including noncontrolling interests before intercompany interest expense and taxes                 39,533,000 (9,683,000) (15,024,000)
Intercompany interest (expense) income                 0 0 0
Income (loss) from continuing operations including noncontrolling interests before taxes                 39,533,000 (9,683,000) (15,024,000)
Segment assets 196,743,000       422,506,000       196,743,000 422,506,000 233,842,000
Real Estate [Member]
                     
Segment Reporting Information [Line Items]                      
Revenue from external customers                 38,162,000 30,275,000 31,042,000
Equity in (losses) earnings of unconsolidated entities                 2,433,000 8,105,000 869,000
Revenues                 40,595,000 38,380,000 31,911,000
Segment operating expenses                 (29,669,000) (24,465,000) (20,780,000)
Restructuring expenses                 0    
General and administrative expenses                 (356,000) (327,000) (316,000)
Gain on sale of leases and loans                 0 0 0
Impairment charges                 (2,280,000)   0
Provision for credit losses                 (342,000) (2,193,000) (49,000)
Depreciation and amortization                 (1,303,000) (1,279,000) (1,304,000)
Gain on sale of management contract                   0  
Gain on sale and deconsolidation of subsidiaries                 0    
Loss on extinguishment of debt                 0    
Gain on extinguishment of servicing and repurchase liabilities                   0  
(Loss) gain on sale of investment securities, net                 0 0 0
Other-than-temporary impairment on investments                 0   0
Interest expense                 (856,000) (1,109,000) (1,074,000)
Other income (expense), net                 522,000 544,000 387,000
Pretax income attributable to noncontrolling interests                 5,000 [3] 52,000 [3] 61,000 [3]
Income (loss) including noncontrolling interests before intercompany interest expense and taxes                 6,316,000 9,603,000 8,836,000
Intercompany interest (expense) income                 0 0 0
Income (loss) from continuing operations including noncontrolling interests before taxes                 6,316,000 9,603,000 8,836,000
Segment assets 169,727,000       162,950,000       169,727,000 162,950,000 155,434,000
Financial Fund Management [Member]
                     
Segment Reporting Information [Line Items]                      
Revenue from external customers                 18,700,000 22,904,000 27,243,000
Equity in (losses) earnings of unconsolidated entities                 3,257,000 2,937,000 5,897,000
Revenues                 21,957,000 25,841,000 33,140,000
Segment operating expenses                 (17,086,000) (20,562,000) (21,028,000)
Restructuring expenses                 0    
General and administrative expenses                 (2,683,000) (3,176,000) (3,668,000)
Gain on sale of leases and loans                 0 0 0
Impairment charges                 0   0
Provision for credit losses                 0 0 (1,000)
Depreciation and amortization                 (126,000) (164,000) (196,000)
Gain on sale of management contract                   6,520,000  
Gain on sale and deconsolidation of subsidiaries                 54,542,000    
Loss on extinguishment of debt                 0    
Gain on extinguishment of servicing and repurchase liabilities                   0  
(Loss) gain on sale of investment securities, net                 41,000 (1,384,000) (451,000)
Other-than-temporary impairment on investments                 (74,000)   (480,000)
Interest expense                 0 0 (3,000)
Other income (expense), net                 2,104,000 2,590,000 2,429,000
Pretax income attributable to noncontrolling interests                 0 [3] 0 [3] 8,000 [3]
Income (loss) including noncontrolling interests before intercompany interest expense and taxes                 58,675,000 9,665,000 9,750,000
Intercompany interest (expense) income                 0 0 0
Income (loss) from continuing operations including noncontrolling interests before taxes                 58,675,000 9,665,000 9,750,000
Segment assets 82,862,000       39,246,000       82,862,000 39,246,000 36,647,000
Commercial Finance [Member]
                     
Segment Reporting Information [Line Items]                      
Revenue from external customers                 4,135,000 22,460,000 25,573,000
Equity in (losses) earnings of unconsolidated entities                 (2,251,000) (665,000) (1,896,000)
Revenues                 1,884,000 21,795,000 23,677,000
Segment operating expenses                 (2,414,000) (15,207,000) (18,164,000)
Restructuring expenses                 0    
General and administrative expenses                 0 0 (428,000)
Gain on sale of leases and loans                 37,000 659,000 (8,097,000)
Impairment charges                 0   (2,828,000)
Provision for credit losses                 (16,904,000) (8,468,000) (5,159,000)
Depreciation and amortization                 (1,556,000) (8,766,000) (5,693,000)
Gain on sale of management contract                   0  
Gain on sale and deconsolidation of subsidiaries                 8,749,000    
Loss on extinguishment of debt                 0    
Gain on extinguishment of servicing and repurchase liabilities                   4,426,000  
(Loss) gain on sale of investment securities, net                 0 0 0
Other-than-temporary impairment on investments                 0   0
Interest expense                 (1,749,000) (8,563,000) (6,271,000)
Other income (expense), net                 0 13,000 1,000
Pretax income attributable to noncontrolling interests                 (224,000) [3] 99,000 [3] 4,854,000 [3]
Income (loss) including noncontrolling interests before intercompany interest expense and taxes                 (12,177,000) (14,012,000) (18,108,000)
Intercompany interest (expense) income                 (29,000) (1,678,000) (6,115,000)
Income (loss) from continuing operations including noncontrolling interests before taxes                 (12,206,000) (15,690,000) (24,223,000)
Segment assets 15,497,000       260,808,000       15,497,000 260,808,000 81,053,000
All Other [Member]
                     
Segment Reporting Information [Line Items]                      
Revenue from external customers                 0 [4] 0 [4] 0 [4]
Equity in (losses) earnings of unconsolidated entities                 0 [4] 0 [4] 0 [4]
Revenues                 0 [4] 0 [4] 0 [4]
Segment operating expenses                 0 [4] 0 [4] 0 [4]
Restructuring expenses                 (365,000) [4]    
General and administrative expenses                 (7,421,000) [4] (8,019,000) [4] (8,560,000) [4]
Gain on sale of leases and loans                 0 [4] 0 [4] 0 [4]
Impairment charges                 0   0
Provision for credit losses                 0 [4] 0 [4] 0 [4]
Depreciation and amortization                 (668,000) [4] (530,000) [4] (649,000) [4]
Gain on sale of management contract                   0 [4]  
Gain on sale and deconsolidation of subsidiaries                 0 [4]    
Loss on extinguishment of debt                 (2,190,000) [4]    
Gain on extinguishment of servicing and repurchase liabilities                   0 [4]  
(Loss) gain on sale of investment securities, net                 22,000 [4] 186,000 [4] 0
Other-than-temporary impairment on investments                 0 [4]   (329,000) [4]
Interest expense                 (2,136,000) [4] (5,671,000) [4] (5,738,000) [4]
Other income (expense), net                 (523,000) [4] (905,000) [4] (226,000) [4]
Pretax income attributable to noncontrolling interests                 0 [3],[4] 0 [3],[4] 0 [3],[4]
Income (loss) including noncontrolling interests before intercompany interest expense and taxes                 (13,281,000) [4] (14,939,000) [4] (15,502,000) [4]
Intercompany interest (expense) income                 29,000 [4] 1,678,000 [4] 6,115,000 [4]
Income (loss) from continuing operations including noncontrolling interests before taxes                 (13,252,000) [4] (13,261,000) [4] (9,387,000) [4]
Segment assets $ (71,343,000) [4]       $ (40,498,000) [4]       $ (71,343,000) [4] $ (40,498,000) [4] $ (39,292,000) [4]
[1] Fiscal 2012 – significant events by quarter:•December 31 – included a $8.7 million ($6.9 million net of tax) gain on the deconsolidation of LEAF ($0.35 per share-diluted) and a $2.2 million ($1.7 million net of tax, or $0.09 per share-diluted) loss on the extinguishment of debt in conjunction with the modification and partial redemption of the Company's Senior Notes in November 2011.•March 31 – included a restructuring charge of $365,000 ($233,000 net of tax, or $0.01 per share-diluted) which consisted of severance and benefits for terminated employees; the decrease in staffing levels reflected the Company's decreased overhead requirements as a result of the sale of Apidos and the recapitalization of LEAF.•June 30 – included a $54.7 million ($33.8 million net of tax, or $1.61 per share-diluted) gain on the sale of Apidos, offset, in part, by a $5.7 million ($3.5 million net of tax, or $0.17 per share diluted) provision for credit losses related to management fees owed from three of the commercial finance investment entities that, based on a change in estimated cash flows, were not expected to be collectible. •September 30 – included an additional $6.3 million ($2.3 million net of tax, or $0.11 per share-diluted) provision for credit losses related to management fees owed from three of the commercial finance investment entities and a $2.2 million ($812,000 net of tax, or $0.04 per share diluted) impairment charge on a legacy real estate investment.
[2] Fiscal 2011 – significant events by quarter:•December 31 – included a net gain of $5.1 million ($3.2 million net of tax, or $0.17 per share-diluted) on the sale of the Company’s management contract and equity investment in REM I.•March 31 – included a $3.4 million ($2.2 million net of tax, or $0.11 per share-diluted) loss from discontinued operations in connection with the March 2006 sale of a real estate loan in which the Company agreed to make payments under certain circumstances to the owner. In March 2011, a triggering event occurred.•June 30 – included a $7.6 million ($3.3 million net of tax, or $0.17 per share-diluted) equity gain based on the Company’s interest in an office building that was sold in Washington, DC.•September 30 – the gain related to the third quarter sale of the Washington, DC building increased by $800,000 ($361,000 net of tax, or $0.02 per share-diluted) based on the release of funds from escrow.
[3] In viewing its segment operations, management includes the pretax (income) loss attributable to noncontrolling interests. However, these interests are excluded from (loss) income from operations as computed in accordance with U.S. GAAP and should be deducted to compute (loss) income from operations as reflected in the Company’s consolidated statements of operations.
[4] Includes general corporate expenses and assets not allocable to any particular segment.