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Fair Value Measurements (Tables) | 6 Months Ended
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Mar. 31, 2016
Fair Value Disclosures [Abstract] |
Schedule of fair value assets measured on a recurring and 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
Six Months Ended March 31, 2016 |  |  |  |  |  |  |
Deferred compensation plan assets (a) | $ | — |  |  | $ | 804 |  |  | $ | — |  |  | $ | 804 |
Development projects in progress (b) | — |  |  | — |  |  | 5,518 |  | (c) | 5,518 |
Land held for sale (b) | — |  |  | — |  |  | 16,213 |  | (d) | 16,213 |
Six Months Ended March 31, 2015 |  |  |  |  |  |  |
Deferred compensation plan assets (a) | — |  |  | 567 |  |  | — |  |  | 567 |
(a) Measured at fair value on a recurring basis. (b) Measured at fair value on a non-recurring basis. (c) Amount includes the impairment-date fair value of the one community in our West segment that we impaired in the second quarter of our fiscal 2016. Refer to Note 5 for additional discussion. (d) Amount represents the impairment-date fair value of certain land held for sale assets that were impaired during the first quarter of our fiscal 2016.
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 March 31, 2016 and September 30, 2015:
(In thousands) | As of March 31, 2016 |  | As of September 30, 2015
| Carrying Amount (a) |  | Fair Value |  | Carrying Amount (a) |  | Fair Value
Senior Notes | $ | 1,246,309 |  |  | $ | 1,130,957 |  |  | $ | 1,427,240 |  |  | $ | 1,412,173 |
Term Loan | 137,987 |  |  | 137,987 |  |  | — |  |  | — |
Junior Subordinated Notes | 58,837 |  |  | 58,837 |  |  | 57,803 |  |  | 57,803 |
| $ | 1,443,133 |  |  | $ | 1,327,781 |  |  | $ | 1,485,043 |  |  | $ | 1,469,976 |
(a) Carrying amounts are net of unamortized debt discounts or accretion.

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=66048111&loc=SL7498348-110258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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