Business Segments (Tables)

6 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Business segments

(in thousands)	Three Months ended						Six Months ended
	March 31,						March 31,
	2016			2015			2016			2015
Revenues:
Asset management	$	7,574			7,330			14,489			14,087
Mining royalty lands		1,778			1,335			3,437			2,679
Land development and construction		263			283			512			484
		9,615			8,948			18,438			17,250
Operating profit:
Before corporate expenses:
Asset management	$	3,423			3,187			6,811			6,573
Mining royalty lands		1,649			1,191			3,174			2,391
Land development and construction		(555	)		(739	)		1,864			(1,267	)
Corporate expenses:
Allocated to asset management		(520	)		(497	)		(898	)		(797	)
Allocated to mining royalty		(75	)		(526	)		(130	)		(844	)
Allocated to land development and construction		(413	)		(295	)		(712	)		(471	)
Unallocated to discontinued operations		—			(162	)		—			(1,081	)
		(1,008	)		(1,480	)		(1,740	)		(3,193	)
	$	3,509			2,159			10,109			4,504
Interest expense:
Asset management	$	415			620			896			1,065
Depreciation, depletion and amortization:
Asset management	$	1,835			1,776			3,633			3,562
Mining royalty lands		31			30			65			61
Land development and construction		63			72			127			138
	$	1,929			1,878			3,825			3,761
Capital expenditures:
Asset management	$	473			382			9,710			1,287
Mining royalty lands		4			—			4			—
Land development and construction		479			309			1,781			1,142
	$	956			691			11,495			2,429

(in thousands)	March 31,		September 30,
Identifiable net assets	2016		2015
Asset management	$	157,566		151,023
Mining royalty lands		39,479		39,300
Land development and construction		57,365		60,682
Cash items		1,175		419
Unallocated corporate assets		557		1,054
	$	256,142		252,478