REAL ESTATE AND ACCUMULATED DEPRECIATION (Notes)

12 Months Ended

Sep. 30, 2012

Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation Disclosure [Text Block]

SCHEDULE III

Real Estate and Accumulated Depreciation

September 30, 2012

(dollars in thousands)



Column A	Column B		Column C		Column D		Column E		Column F		Column G	Column H	Column I
Description	Encumbrances		Initial Cost to Company		Cost Capitalized Subsequent to Acquisition		Gross Amount at which Carried at Close of Period		Accumulated Depreciation		Date of Construction	Date Acquired	Life on Which Depreciation in Latest Income is Computed
			Buildings and Land Improvements		Improvements Carrying Costs		Buildings and Land Improvements Total
Real Estate Owned:
Hotel Savannah, GA	$	10,531	$	10,187	$	2,376	$	16,849	$	5,230	1853	6/30/2005	40 years
Commercial Philadelphia, PA	—		2,874		585		1,268		362		1924	1/9/2009	37 years
Assets of Consolidated Variable Interest Entity ^(a):
Commercial Retail Elkins West, WV	—		1,600		—		1,511		784		1963	7/1/2003	40 years
	$	10,531	$	14,661	$	2,961	$	19,628	$	6,376


(a)	The date acquired reflects the date the Company adopted the provisions of FASB Accounting Standards Codification, or ASC, section 810-10. Amounts as reflected for the variable interest entity are on a one-quarter lag as permitted under ASC 810-10.

Based on an internal assessment of fair value, the Company determined that the office building was impaired and, accordingly, recorded a charge of $2.2 million in fiscal 2012. The Company received an offer for the sale of the commercial property, which is consolidated through a VIE. The offer was below the book value of the asset and, accordingly, the Company recorded an impairment charge of $89,000 during fiscal 2012. The property was subsequently sold in November 2012.



	Years Ended September 30,
	2012		2011		2010
Balance, beginning of year	$	23,467	$	23,234	$	25,241
Additions:
Improvements	307		233		293
	23,774		23,467		25,534
Deductions:
Cost of real estate sold	—		—		2,300
Other - write down	2,280		—		—
LEAF deconsolidation	1,866		—		—
Balance, end of year	$	19,628	$	23,467	$	23,234

- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

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