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Investment in Riverfront and Brooksville Joint Ventures (Tables)
6 Months Ended
Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Joint Ventures

(in thousands)                           The  
                            Company's  
                Total Assets     Net Loss     Share of Net  
          Total     of the     of the     Loss of the  
    Ownership     Investment     Partnership     Partnership     Partnership  
                (Unaudited)     (Unaudited)        
As of March 31, 2016                              
Riverfront Holdings I, LLC   76.91 %   $ 11,705     $  62,913     $    (143 )   $    (120 )
Brooksville Quarry, LLC   50.00 %   7,520     14,351     (40 )   (20 )
   Total         $  19,225     $  77,264     $   (183 )   $   (140 )
                               

 

As of September 30, 2015

                             
Riverfront Holdings I, LLC   76.91 %   $  11,517     $   40,970     $   (108 )   $   (105 )
Brooksville Quarry, LLC   50.00 %   7,493     14,336     (80 )   (40 )
   Total         19,010     $  55,306     $  (188 )   $   (145 )

Summarized Unaudited Financial Information for the Investments in Joint Ventures

(in thousands)   As of  
      3/31/2016       9/30/2015  
                 
Cash   $ 65       61  
Cash held in escrow     434       3,420  
Amortizable Debt Costs     1,386       1,593  
Investments in real estate, net     75,379       50,232  
   Total Assets   $ 77,264       55,306  
                 
Other Liabilities   $ 8,149       6,969  
Long-term Debt     37,556       17,000  
Capital – FRP     19,225       19,010  
Capital - Third Parties     12,334       12,327  
   Total Liabilities and Capital   $ 77,264       55,306