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Property and Equipment (Tables) | 12 Months Ended
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Sep. 30, 2017
Property, Plant and Equipment [Abstract] |
Schedule of property and equipment | Depreciation is computed on a straight-line basis based on estimated useful lives as follows:
Asset Class |  | Useful Lives
Information systems |  | Lesser of estimated useful life of the asset or 5 years
Furniture, fixtures and computer and office equipment |  | 3 - 7 years
Model and sales office improvements |  | Lesser of estimated useful life of the asset or estimated life of the community
Leasehold improvements |  | Lesser of the lease term or the estimated useful life of the asset
The following table presents our property and equipment as of September 30, 2017 and September 30, 2016:
(In thousands) | September 30, 2017 |  | September 30, 2016
Model furnishings and sales office improvements | $ | 28,589 |  |  | $ | 28,036 |
Information systems | 14,326 |  |  | 14,326 |
Furniture, fixtures and office equipment | 10,971 |  |  | 12,247 |
Leasehold improvements | 3,698 |  |  | 4,069 |
Property and equipment, gross | 57,584 |  |  | 58,678 |
Less: Accumulated Depreciation | (40,018 | ) |  | (39,540 | )
Property and equipment, net | $ | 17,566 |  |  | $ | 19,138 |

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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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