ACQUISITIONS, DISPOSITIONS AND IMPAIRMENT CHARGES - Schedule of Property Acquisitions (Details)
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2 Months Ended |
12 Months Ended |
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Nov. 10, 2016
USD ($)
property_unit
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Nov. 04, 2016
USD ($)
property_unit
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Sep. 19, 2016
USD ($)
property_unit
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Sep. 01, 2016
USD ($)
property_unit
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Aug. 15, 2016
USD ($)
property_unit
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May 31, 2016
USD ($)
property_unit
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May 11, 2016
USD ($)
property_unit
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May 06, 2016
USD ($)
property_unit
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Feb. 29, 2016
USD ($)
property_unit
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Feb. 01, 2016
USD ($)
property_unit
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Jan. 22, 2016
USD ($)
property_unit
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Nov. 18, 2015
USD ($)
property_unit
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Oct. 13, 2015
USD ($)
property_unit
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Dec. 09, 2016
USD ($)
a
property
property_unit
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Sep. 30, 2016
USD ($)
property_unit
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Sep. 30, 2015
USD ($)
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Sep. 30, 2014
USD ($)
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Oct. 01, 2016
a
property_unit
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| Acquisitions |
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| No. of Units | property_unit |
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9,420
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| Property acquisition costs |
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$ 3,852,000
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$ 1,885,000
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$ 2,542,000
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| Joint ventures | Purchase of properties | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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3,336
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| Purchase Price |
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$ 318,680,000
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| Initial BRT Equity |
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73,895,000
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| Property acquisition costs |
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3,852,000
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| Joint ventures | Purchase of properties | N. Charleston, SC | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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271
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| Purchase Price |
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$ 3,625,000
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| Initial BRT Equity |
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$ 6,558,000
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| Ownership Percentage |
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65.00%
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| Property acquisition costs |
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$ 0
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| Joint ventures | Purchase of properties | LaGrange, GA | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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236
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| Purchase Price |
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$ 22,800,000
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| Initial BRT Equity |
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$ 6,824,000
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| Ownership Percentage |
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100.00%
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| Property acquisition costs |
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$ 57,000
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| Joint ventures | Purchase of properties | Katy, TX | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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268
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| Purchase Price |
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$ 40,250,000
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| Initial BRT Equity |
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$ 8,150,000
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| Ownership Percentage |
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75.00%
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| Property acquisition costs |
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$ 382,000
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| Joint ventures | Purchase of properties | Macon, GA | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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240
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| Purchase Price |
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$ 14,525,000
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| Initial BRT Equity |
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$ 3,250,000
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| Ownership Percentage |
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80.00%
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| Property acquisition costs |
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$ 158,000
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| Joint ventures | Purchase of properties | Southaven, MS (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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392
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| Purchase Price |
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$ 35,000,000
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| Initial BRT Equity |
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$ 5,856,000
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| Ownership Percentage |
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60.00%
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| Property acquisition costs |
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$ 413,000
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| Joint ventures | Purchase of properties | San Antonio, TX (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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288
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| Purchase Price |
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$ 35,150,000
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| Initial BRT Equity |
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$ 6,688,000
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| Ownership Percentage |
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65.00%
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| Property acquisition costs |
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$ 539,000
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| Joint ventures | Purchase of properties | Dallas, TX | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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494
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| Purchase Price |
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$ 37,000,000
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| Initial BRT Equity |
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$ 6,750,000
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| Ownership Percentage |
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50.00%
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| Property acquisition costs |
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$ 567,000
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| Joint ventures | Purchase of properties | Columbia, SC (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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204
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| Purchase Price |
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$ 17,000,000
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| Initial BRT Equity |
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$ 4,930,000
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| Ownership Percentage |
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80.00%
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| Property acquisition costs |
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$ 302,000
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| Joint ventures | Purchase of properties | Atlanta, GA (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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271
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| Purchase Price |
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$ 39,125,000
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| Initial BRT Equity |
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$ 10,769,000
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| Ownership Percentage |
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74.00%
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| Property acquisition costs |
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$ 577,000
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| Joint ventures | Purchase of properties | Southaven, MS (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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384
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| Purchase Price |
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$ 38,205,000
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| Initial BRT Equity |
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$ 6,060,000
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| Ownership Percentage |
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60.00%
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| Property acquisition costs |
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$ 347,000
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| Joint ventures | Purchase of properties | San Antonio, TX (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
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288
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| Purchase Price |
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$ 36,000,000
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| Initial BRT Equity |
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$ 8,060,000
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| Ownership Percentage |
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72.00%
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| Property acquisition costs |
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$ 510,000
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| Joint ventures | Mortgages | Purchase of properties | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 238,212,000
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| Joint ventures | Mortgages | Purchase of properties | N. Charleston, SC | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 0
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| Joint ventures | Mortgages | Purchase of properties | LaGrange, GA | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 16,051,000
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| Joint ventures | Mortgages | Purchase of properties | Katy, TX | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 30,750,000
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| Joint ventures | Mortgages | Purchase of properties | Macon, GA | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 11,200,000
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| Joint ventures | Mortgages | Purchase of properties | Southaven, MS (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 28,000,000
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| Joint ventures | Mortgages | Purchase of properties | San Antonio, TX (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 26,400,000
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| Joint ventures | Mortgages | Purchase of properties | Dallas, TX | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 27,938,000
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| Joint ventures | Mortgages | Purchase of properties | Columbia, SC (Location 1) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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|
$ 12,934,000
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| Joint ventures | Mortgages | Purchase of properties | Atlanta, GA (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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|
$ 27,375,000
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| Joint ventures | Mortgages | Purchase of properties | Southaven, MS (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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$ 30,564,000
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| Joint ventures | Mortgages | Purchase of properties | San Antonio, TX (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| Acquisition Mortgage Debt |
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|
$ 27,000,000
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| Subsequent Event |
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| Acquisitions |
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| Number of properties acquired | property |
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3
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| Area of real estate property | a |
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5.8
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5.8
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| Number of units in real estate property to be constructed | property_unit |
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339
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339
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| Subsequent Event | Purchase of properties |
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| Acquisitions |
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| No. of Units | property_unit |
|
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933
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| Subsequent Event | Joint ventures | Purchase of properties | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
|
|
|
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|
|
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|
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933
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| Purchase Price |
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$ 102,705,000
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| Initial BRT Equity |
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|
23,055,000
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| Property acquisition costs |
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|
714,000
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| Subsequent Event | Joint ventures | Purchase of properties | Fredricksburg, VA | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
|
220
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| Purchase Price |
|
$ 38,490,000
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| Initial BRT Equity |
|
$ 8,720,000
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| Ownership Percentage |
|
80.00%
|
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| Property acquisition costs |
|
$ 643,000
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| Subsequent Event | Joint ventures | Purchase of properties | Columbia, SC (Location 2) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
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| No. of Units | property_unit |
374
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| Purchase Price |
$ 58,300,000
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| Initial BRT Equity |
$ 5,670,000
|
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| Ownership Percentage |
32.00%
|
|
|
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| Property acquisition costs |
$ 71,000
|
|
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| Subsequent Event | Joint ventures | Purchase of properties | Columbia, SC (Location 3) | Multi-family residential | Primary Beneficiary |
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| Acquisitions |
|
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|
|
|
|
|
|
|
| No. of Units | property_unit |
339
|
|
|
|
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|
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| Purchase Price |
$ 5,915,000
|
|
|
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| Initial BRT Equity |
$ 8,665,000
|
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| Ownership Percentage |
46.00%
|
|
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| Property acquisition costs |
$ 0
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|
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| Subsequent Event | Joint ventures | Mortgages | Purchase of properties | Multi-family residential | Primary Beneficiary |
|
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| Acquisitions |
|
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|
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| Acquisition Mortgage Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 70,940,000
|
|
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|
| Subsequent Event | Joint ventures | Mortgages | Purchase of properties | Fredricksburg, VA | Multi-family residential | Primary Beneficiary |
|
|
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| Acquisitions |
|
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|
|
|
|
|
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|
|
|
|
|
|
|
|
|
| Acquisition Mortgage Debt |
|
$ 29,940,000
|
|
|
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|
| Subsequent Event | Joint ventures | Mortgages | Purchase of properties | Columbia, SC (Location 2) | Multi-family residential | Primary Beneficiary |
|
|
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| Acquisitions |
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
| Acquisition Mortgage Debt |
41,000,000
|
|
|
|
|
|
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|
| Subsequent Event | Joint ventures | Mortgages | Purchase of properties | Columbia, SC (Location 3) | Multi-family residential | Primary Beneficiary |
|
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| Acquisitions |
|
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|
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|
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|
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|
|
|
|
|
|
| Acquisition Mortgage Debt |
$ 0
|
|
|
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|