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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
REVENUES:      
Real estate $ 38,380 $ 31,911 $ 25,417
Financial fund management 25,841 33,140 33,344
Commercial finance 21,795 23,677 48,767
Revenues 86,016 88,728 107,528
COSTS AND EXPENSES:      
Real estate 24,465 20,780 22,038
Financial fund management 20,562 21,028 20,468
Commercial finance 15,207 18,164 25,179
General and administrative 11,522 12,972 14,369
(Gain) loss on sale of leases and loans (659) 8,097 (628)
Impairment of intangibles 0 2,828 0
Provision for credit losses 10,661 5,209 8,604
Depreciation and amortization 10,739 7,842 6,922
Costs and expenses 92,497 96,920 96,952
OPERATING (LOSS) INCOME (6,481) (8,192) 10,576
OTHER INCOME (EXPENSE):      
Impairment loss recognized in earnings 0 (809) (8,539)
Gain on sale of management contract 6,520 0 0
Gain on extinguishment of servicing and repurchase liabilities 4,426 0 0
Loss on sale of investment securities, net (1,198) (451) (11,981)
Interest expense (15,343) (13,086) (20,199)
Other income, net 2,242 2,591 3,549
Other income (expense) (3,353) (11,755) (37,170)
Loss from continuing operations before taxes (9,834) (19,947) (26,594)
Income tax benefit (4,607) (2,650) (10,504)
Loss from continuing operations (5,227) (17,297) (16,090)
(Loss) income from discontinued operations, net of tax (2,202) 622 (444)
Net loss (7,429) (16,675) (16,534)
Net (income) loss attributable to noncontrolling interests (799) 3,224 1,603
Net loss attributable to common shareholders (8,228) (13,451) (14,931)
Amounts attributable to common shareholders:      
Loss from continuing operations (6,026) (14,073) (14,487)
Discontinued operations (2,202) 622 (444)
Net loss attributable to common shareholders $ (8,228) $ (13,451) $ (14,931)
Basic and Diluted loss per share:      
Continuing operations (in dollars per share) $ (0.31) $ (0.74) $ (0.78)
Discontinued operations (in dollars per share) $ (0.11) $ 0.03 $ (0.03)
Net loss (in dollars per share) $ (0.42) $ (0.71) $ (0.81)
Weighted average shares outstanding 19,525 18,942 18,507
Dividends declared per common share (in dollars per share) $ 0.12 $ 0.09 $ 0.20