PROPERTY AND EQUIPMENT

12 Months Ended

Sep. 30, 2011

NOTE 10 − PROPERTY AND EQUIPMENT

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

	Estimated Useful	September 30,
	Life	2011			2010
Land		$	200		$	200
Building	39 years		1,666			1,666
Leasehold improvements	1-15 years		5,302			6,045
Furniture and equipment	3-10 years		13,047			12,397
Real estate assets – consolidated VIE	40 years		1,600			1,600
			21,815			21,908
Accumulated depreciation and amortization			(13,873	)		(11,924	)
Property and equipment, net		$	7,942		$	9,984

- 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.

+ References+ Details