PROPERTY AND EQUIPMENT

3 Months Ended

Dec. 31, 2011

NOTE 9 − PROPERTY AND EQUIPMENT

Property and equipment, net, consist of the following (in thousands):

	Estimated Useful	December 31,			September 30,
	Life	2011			2011
Furniture and equipment	3-7 years	$	6,155		$	5,620
Leasehold improvements	1-9 years		2,652			2,656
Real estate assets – consolidated VIE	40 years		1,600			1,600
LEAF property and equipment			−			11,939
			10,407			21,815
Accumulated depreciation and amortization			(6,113	)		(5,839	)
Accumulated depreciation and amortization – LEAF			−			(8,034	)
Property and equipment, net		$	4,294		$	7,942

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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