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OPERATING SEGMENTS (Tables)
12 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Summarized Operating Segment Data
Summarized operating segment data are as follows (in thousands):
 
Real Estate
 
Financial Fund Management
 
Commercial Finance
 
All Other (1)
 
Total
Year Ended September 30, 2012:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
38,162

 
$
18,700

 
$
4,135

 
$

 
$
60,997

Equity in earnings (losses) of unconsolidated entities
2,433

 
3,257

 
(2,251
)
 

 
3,439

Total revenues
40,595

 
21,957

 
1,884

 

 
64,436

Segment operating expenses
(29,669
)
 
(17,086
)
 
(2,414
)
 

 
(49,169
)
Restructuring expenses

 

 

 
(365
)
 
(365
)
General and administrative expenses
(356
)
 
(2,683
)
 

 
(7,421
)
 
(10,460
)
Gain on sale of leases and loans

 

 
37

 

 
37

Impairment charges
(2,280
)
 

 

 

 
(2,280
)
Provision for credit losses
(342
)
 

 
(16,904
)
 

 
(17,246
)
Depreciation and amortization
(1,303
)
 
(126
)
 
(1,556
)
 
(668
)
 
(3,653
)
Gain on sale and deconsolidation of subsidiaries

 
54,542

 
8,749

 

 
63,291

Loss on extinguishment of debt

 

 

 
(2,190
)
 
(2,190
)
Gain on sale of investment securities, net

 
41

 

 
22

 
63

Other-than-temporary impairment on investments

 
(74
)
 

 

 
(74
)
Interest expense
(856
)
 

 
(1,749
)
 
(2,136
)
 
(4,741
)
Other income (expense), net
522

 
2,104

 

 
(523
)
 
2,103

Pretax loss (income) attributable to noncontrolling interests (2)
5

 

 
(224
)
 

 
(219
)
Income (loss) including noncontrolling interest before intercompany interest expense and taxes
6,316

 
58,675

 
(12,177
)
 
(13,281
)
 
39,533

Intercompany interest (expense) income

 

 
(29
)
 
29

 

Income (loss) from continuing operations including noncontrolling interest before taxes
$
6,316

 
$
58,675

 
$
(12,206
)
 
$
(13,252
)
 
$
39,533


 
Real Estate
 
Financial Fund Management
 
Commercial Finance
 
All Other (1)
 
Total
Year Ended September 30, 2011:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
30,275

 
$
22,904

 
$
22,460

 
$

 
$
75,639

Equity in earnings (losses) of unconsolidated entities
8,105

 
2,937

 
(665
)
 

 
10,377

Total revenues
38,380

 
25,841

 
21,795

 

 
86,016

Segment operating expenses
(24,465
)
 
(20,562
)
 
(15,207
)
 

 
(60,234
)
General and administrative expenses
(327
)
 
(3,176
)
 

 
(8,019
)
 
(11,522
)
Gain on sale of leases and loans

 

 
659

 

 
659

Provision for credit losses
(2,193
)
 

 
(8,468
)
 

 
(10,661
)
Depreciation and amortization
(1,279
)
 
(164
)
 
(8,766
)
 
(530
)
 
(10,739
)
Gain on sale of management contract

 
6,520

 

 

 
6,520

Gain on extinguishment of servicing and repurchase liability

 

 
4,426

 

 
4,426

(Loss) gain on sale of investment securities, net

 
(1,384
)
 

 
186

 
(1,198
)
Interest expense
(1,109
)
 

 
(8,563
)
 
(5,671
)
 
(15,343
)
Other income (expense), net
544

 
2,590

 
13

 
(905
)
 
2,242

Pretax loss attributable to noncontrolling interests (2)
52

 

 
99

 

 
151

Income (loss) including noncontrolling interests before intercompany interest expense and taxes
9,603

 
9,665

 
(14,012
)
 
(14,939
)
 
(9,683
)
Intercompany interest (expense) income

 

 
(1,678
)
 
1,678

 

Income (loss) from continuing operations including noncontrolling interests before taxes
$
9,603

 
$
9,665

 
$
(15,690
)
 
$
(13,261
)
 
$
(9,683
)

 
Real Estate
 
Financial Fund Management
 
Commercial Finance
 
All Other (1)
 
Total
Year Ended September 30, 2010:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
31,042

 
$
27,243

 
$
25,573

 
$

 
$
83,858

Equity in earnings (losses) of unconsolidated entities
869

 
5,897

 
(1,896
)
 

 
4,870

Total revenues
31,911

 
33,140

 
23,677

 

 
88,728

Segment operating expenses
(20,780
)
 
(21,028
)
 
(18,164
)
 

 
(59,972
)
General and administrative expenses
(316
)
 
(3,668
)
 
(428
)
 
(8,560
)
 
(12,972
)
Loss on sale of leases and loans

 

 
(8,097
)
 

 
(8,097
)
Impairment charges

 

 
(2,828
)
 

 
(2,828
)
Provision for credit losses
(49
)
 
(1
)
 
(5,159
)
 

 
(5,209
)
Depreciation and amortization
(1,304
)
 
(196
)
 
(5,693
)
 
(649
)
 
(7,842
)
Other-than-temporary impairment on investments

 
(480
)
 

 
(329
)
 
(809
)
Interest expense
(1,074
)
 
(3
)
 
(6,271
)
 
(5,738
)
 
(13,086
)
Loss on sale of loans and investment securities, net

 
(451
)
 

 

 
(451
)
Other income (expense), net
387

 
2,429

 
1

 
(226
)
 
2,591

Pretax loss attributable to noncontrolling interests (2)
61

 
8

 
4,854

 

 
4,923

Income (loss) including noncontrolling interests before intercompany interest expense and taxes
8,836

 
9,750

 
(18,108
)
 
(15,502
)
 
(15,024
)
Intercompany interest (expense) income

 

 
(6,115
)
 
6,115

 

Income (loss) from continuing operations including noncontrolling interests before taxes
$
8,836

 
$
9,750

 
$
(24,223
)
 
$
(9,387
)
 
$
(15,024
)
 
 
 
 
 
 
 
 
 
 
Segment assets
 

 
 

 
 

 
 

 
 

September 30, 2012
$
169,727

 
$
82,862

 
$
15,497

 
$
(71,343
)
 
$
196,743

September 30, 2011
162,950

 
39,246

 
260,808

 
(40,498
)
 
422,506

September 30, 2010
155,434

 
36,647

 
81,053

 
(39,292
)
 
233,842

 
(1)
Includes general corporate expenses and assets not allocable to any particular segment.
(2)
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.