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RENTAL EQUIPMENT, NET (Tables)

12 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Summary of Rental Equipment

Premises, furniture, and equipment consists of the following:

			At September 30,
(Dollars in thousands)			2023						2022
Land			$	1,354					$	1,354
Buildings			21,331						21,300
Furniture, fixtures, and equipment			62,312						56,631
			84,997						79,285
Less: accumulated depreciation and amortization			(45,837)						(37,575)
Net book value			$	39,160					$	41,710

Rental equipment consists of the following:

			At September 30,
(Dollars in thousands)			2023						2022
Computers and IT networking equipment			$	25,094					$	21,669
Motor vehicles and other			122,845						107,648
Other furniture and equipment			37,637						34,254
Solar panels and equipment			142,355						133,765
Total			327,931						297,336
Accumulated depreciation			(117,418)						(94,355)
Unamortized initial direct costs			1,237						1,390
Net book value			$	211,750					$	204,371

Schedule of Operating Lease Payments

Future minimum lease payments expected to be received for operating leases at September 30, 2023 were as follows:

(Dollars in thousands)
2024			$	45,612
2025			37,424
2026			27,542
2027			19,791
2028			11,495
Thereafter			13,891
Total			$	155,755

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at September 30, 2023 were as follows:

(Dollars in thousands)
2024			$	3,913
2025			3,718
2026			3,195
2027			3,092
2028			3,803
Thereafter			14,836
Total undiscounted future minimum lease payments			32,557
Discount			(3,724)
Total operating lease liabilities			$	28,833

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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- References

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X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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