RENTAL EQUIPMENT, NET

12 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

PREMISES, FURNITURE AND EQUIPMENT, NET

Fiscal year-end premises and equipment were as follows:



September 30,	2019			2018
(Dollars in Thousands)
Land	$	2,932		$	2,932
Buildings	30,906			29,459
Furniture, fixtures, and equipment	61,216			56,597
	95,054			88,988
Less: accumulated depreciation and amortization	(49,122		)	(48,530		)
Net book value	$	45,932		$	40,458

Depreciation expense of premises, furniture and equipment included in occupancy and equipment expense was approximately $8.6 million, $5.7 million and $5.5 million for the fiscal years ended September 30, 2019, 2018 and 2017, respectively.

RENTAL EQUIPMENT, NET

Rental equipment was as follows as of September 30, 2019 and September 30, 2018.



	September 30, 2019			September 30, 2018
(Dollars in thousands)
Computers and IT networking equipment	$	37,352		$	53,035
Motor vehicles and other	98,149			43,505
Office furniture and equipment	2,875			3,590
Solar panels and equipment	116,505			57,242
Total	254,881			157,372

Accumulated depreciation	(46,344		)	(50,082		)
Net book value	$	208,537		$	107,290

During fiscal year 2019, an impairment was recorded related to solar panels and equipment. Please refer to Note 2 for further discussion.

Future minimum lease payments receivable on equipment under operating leases were as follows as of September 30, 2019.



	September 30, 2019
(Dollars in thousands)
2020	$	31,300
2021	26,951
2022	20,076
2023	16,237
2024	11,173
2025 and thereafter	22,138
Total	$	127,875