RENTAL EQUIPMENT, NET (Tables)

9 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Rental Equipment

Rental equipment consists of the following:

(Dollars in Thousands)	June 30, 2020		September 30, 2019
Computers and IT networking equipment	$	29,846	$	37,352
Motor vehicles and other	122,995		98,149
Office furniture and equipment	2,576		2,875
Solar panels and equipment	118,583		116,505
Total	274,000		254,881
Accumulated depreciation	(59,576)		(46,344)
Unamortized initial direct costs	1,912		—
Net book value	$	216,336	$	208,537

Schedule of Future Minimum Rental Payments for Operating Leases

Undiscounted future minimum lease payments expected to be received for operating leases were as follows:

(Dollars in Thousands)
Remaining in 2020	$	9,345
2021	32,668
2022	26,109
2023	21,461
2024	15,601
Thereafter	27,915
Total undiscounted future minimum lease payments receivable for operating leases	$	133,099

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities were as follows:

(Dollars in Thousands)
Remaining in 2020	$	958
2021	3,742
2022	3,479
2023	2,799
2024	2,808
Thereafter	18,520
Total undiscounted future minimum lease payments	32,306
Discount	(4,347)
Total operating lease liabilities	$	27,959