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Discontinued Operations
 6 Months Ended
Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
We continually review each of our markets in order to refine our overall investment strategy and to optimize capital and resource allocations in an effort to enhance our financial position and to increase stockholder value. This review entails an evaluation of both external market factors and our position in each market, and over time has resulted in the decision to discontinue certain of our homebuilding operations. During our fiscal 2015, we made the decision that we would not continue to reinvest in new homebuilding assets in our New Jersey division; therefore, it is no longer considered an active operation. However, the results of our New Jersey division are not included in the discontinued operations information shown below.
We have classified the results of operations of our discontinued operations separately in the accompanying unaudited condensed consolidated statements of income for all periods presented. There were no material assets or liabilities related to these discontinued operations as of March 31, 2017 or September 30, 2016. Discontinued operations were not segregated in the unaudited condensed consolidated statements of cash flows. Therefore, amounts for certain captions in the unaudited condensed consolidated statements of cash flows will not agree with the respective data in the unaudited condensed consolidated statements of income. The results of our discontinued operations in the unaudited condensed consolidated statements of income for the periods presented were as follows:
 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
(In thousands)
2017
 
2016
 
2017
 
2016
Total revenue
$
—

 
$
—

 
$
—

 
$
—

Home construction and land sales expenses
6

 
(56
)
 
84

 
252

Gross profit (loss)
(6
)
 
56

 
(84
)
 
(252
)
General and administrative expenses
60

 
(55
)
 
91

 
(53
)
Operating income (loss)
(66
)
 
111

 
(175
)
 
(199
)
Other expense, net
(3
)
 
—

 
(3
)
 
—

Income (loss) from discontinued operations before income taxes
(69
)
 
111

 
(178
)
 
(199
)
Expense (benefit) from income taxes
(29
)
 
33

 
(68
)
 
(77
)
Income (loss) from discontinued operations, net of tax
$
(40
)
 
$
78

 
$
(110
)
 
$
(122
)