COMPREHENSIVE LOSS

12 Months Ended

Sep. 30, 2011

COMPREHENSIVE LOSS [Abstract]

COMPREHENSIVE LOSS

NOTE 14 – COMPREHENSIVE LOSS

Comprehensive loss includes net loss and all other changes in the equity of a business from transactions and other events and circumstances from non-owner sources.  These changes, other than net loss, are referred to as “other comprehensive loss” and for the Company include primarily changes in the fair value, net of tax, of its investment securities available-for-sale and hedging contracts.  Other comprehensive loss also includes the Company's share of unrealized losses on hedging contracts held by the commercial finance investment partnerships.

The following table reflects the changes in comprehensive loss (in thousands):

	Years Ended September 30,
	2011			2010			2009
Net loss	$	(7,429	)	$	(16,675	)	$	(16,534	)
Other comprehensive (loss) income:
Unrealized (loss) gain on investment securities available-for-sale, net of tax of $(1,643), $1,481 and $(1,391)		(2,564	)		2,160			638
Less: reclassification for losses realized, net of tax of $566, $568 and $3,484		904			870			3,844
		(1,660	)		3,030			4,482
Minimum pension liability adjustments, net of tax of $(432), $(223) and $(673)		(632	)		(257	)		(569	)
Less:  reclassification for losses realized, net of tax of $129, $116 and $84		169			147			108
		(463	)		(110	)		(461	)
Unrealized (loss) gain on hedging contracts, net of tax of $(58), $109, and $(2,256)		(75	)		192			(768	)
Transfer of interest rate swaps and caps to affiliated entities, net of tax of $0, $0 and $3,574		−			−			3,170
Swap termination due to expiration, net of tax of $0, $0 and $233		−			−			319
Foreign currency translation gain (loss)		368			(384	)		(280	)
Comprehensive loss		(9,259	)		(13,947	)		(10,072	)
Less:  Comprehensive (income) loss attributable to noncontrolling interests		(775	)		3,249			386
Comprehensive loss attributable to common shareholders	$	(10,034	)	$	(10,698	)	$	(9,686	)

The following are changes in accumulated other comprehensive loss by category (in thousands):

	Investment Securities Available-for-Sale			Cash Flow Hedges			Foreign Currency Translation Adjustments			SERP Pension Liability			Total
Balance, September 30, 2009, net of tax of $(8,119), $(252), $0 and $(1,859)	$	(12,791	)	$	(388	)	$	16		$	(2,397	)	$	(15,560	)
Changes during fiscal 2010		3,030			217			(384	)		(110	)		2,753
Balance, September 30, 2010, net of tax of $(6,071), $(146), $0 and $(1,966)		(9,761	)		(171	)		(368	)		(2,507	)		(12,807	)
Changes during fiscal 2011		(1,660	)		(51	)		368			(463	)		(1,806	)
Balance, September 30, 2011, net of tax of $(7,147), $(202), $0 and $(2,271)	$	(11,421	)	$	(222	)	$	−		$	(2,970	)	$	(14,613	)