INVESTMENTS IN REAL ESTATE (Tables)

9 Months Ended

Jun. 30, 2013

Real Estate Investments, Net [Abstract]

Summary of Carrying Value of Investments in Real Estate

The Company’s investments in real estate, net, consist of the following (in thousands):

	June 30, 2013		September 30, 2012
Properties owned, net of accumulated depreciation of $8,263 and $7,783:
Hotel property (Savannah, Georgia)	$	10,631	$	11,619
Office building (Philadelphia, Pennsylvania)	832		906
	11,463		12,525
Commercial property (Elkins, West Virginia), net of accumulated depreciation    of $0 and $784	—		727
Partnerships and other investments	5,553		5,897
Total investments in real estate, net	$	17,016	$	19,149

Schedule of Future Minimum Rental Payments for Operating Leases

The contractual future minimum rental income on non-cancelable operating leases included in properties owned for each of the five succeeding annual periods ending June 30, and thereafter, is as follows (in thousands):

2014	$	869
2015	795
2016	514
2017	431
2018	385
Thereafter	323
	$	3,317