XML 49 R16.htm IDEA: XBRL DOCUMENT v3.20.2
PREMISES, FURNITURE, AND EQUIPMENT, NET
 12 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
PREMISES, FURNITURE, AND EQUIPMENT, NET PREMISES, FURNITURE AND EQUIPMENT, NET
 
Fiscal year-end premises and equipment were as follows:
(Dollars in Thousands)September 30, 2020September 30, 2019
Land$1,354 $2,932 
Buildings20,170 30,906 
Furniture, fixtures, and equipment67,302 61,216 
 88,826 95,054 
Less: accumulated depreciation and amortization(47,218)(49,122)
Net book value$41,608 $45,932 

Depreciation expense of premises, furniture and equipment included in occupancy and equipment expense was approximately $9.2 million, $8.6 million and $5.7 million for the fiscal years ended September 30, 2020, 2019 and 2018, respectively.
RENTAL EQUIPMENT, NET
Rental equipment consists of the following:
September 30, 2020September 30, 2019
(Dollars in Thousands)
Computers and IT networking equipment$15,926 $37,352 
Motor vehicles and other52,913 23,884 
Other furniture and equipment74,197 77,140 
Solar panels and equipment118,808 116,505 
Total261,844 254,881 
Accumulated depreciation(57,601)(46,344)
Unamortized initial direct costs1,721 — 
Net book value$205,964 $208,537 

During fiscal year 2019, an impairment was recorded related to solar panels and equipment. See Note 10. Goodwill and Intangible Assets for further information.
Undiscounted future minimum lease payments expected to be received for operating leases were as follows:
(Dollars in Thousands)September 30, 2020
2021$30,509 
202226,461 
202322,737 
202416,609 
202511,834 
Thereafter17,797 
Total undiscounted future minimum lease payments receivable for operating leases$125,947