XML 53 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of fair value assets measured on a non-recurring basis
These balances represent only those assets whose carrying values were adjusted to fair value during the periods presented:
(In thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Year Ended September 30, 2017
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
1,114

 
$

 
$
1,114

Development projects in progress (b)

 

 
3,791

(c) 
3,791

Land held for sale (b)

 

 
325

(c) 
325

Year Ended September 30, 2016
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
765

 
$

 
$
765

Development projects in progress (b)

 

 
34,418

(c) 
34,418

Land held for sale (b)

 

 
19,973

(c) 
19,973

Year Ended September 30, 2015
 
 
 
 
 
 
 
Deferred compensation plan assets (a)
$

 
$
669

 
$

 
$
669

Development projects in progress (b)

 

 
8,814

(c) 
8,814


(a) Measured at fair value on a recurring basis.
(b) Measured at fair value on a non-recurring basis.
(c) Amount represents the impairment-date fair value of the development projects in progress and land held for sale assets that were impaired during the periods indicated.
Schedule of carrying values and estimated fair values of other financial assets and liabilities
The following table presents the carrying value and estimated fair value of certain of our other financial liabilities as of September 30, 2017 and September 30, 2016:
 
As of September 30, 2017
 
As of September 30, 2016
(In thousands)
Carrying
Amount
(a)
 
Fair Value
 
Carrying
Amount
(a)
 
Fair Value
Senior Notes (b)
$
1,259,840

 
$
1,355,657

 
$
1,207,526

 
$
1,253,614

Term Loan
N/A (c)

 
N/A

 
52,669

 
52,669

Junior Subordinated Notes
61,937

 
61,937

 
59,870

 
59,870

 
$
1,321,777

 
$
1,417,594

 
$
1,320,065

 
$
1,366,153


(a) Carrying amounts are net of unamortized debt premium/discounts, debt issuance costs or accretion.
(b) The estimated fair value for our publicly-held Senior Notes has been determined using quoted market rates (Level 2).
(c) N/A - Not applicable