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Property and Equipment (Tables) | 12 Months Ended
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Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
Schedule of Property and Equipment | Depreciation is generally computed on a straight-line basis based on estimated useful lives as follows:
Asset Class |  | Useful Lives
Buildings and improvements |  | 25 - 30 years
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, 2025 and 2024:
in thousands | September 30, 2025 |  | September 30, 2024
Model furnishings and sales office improvements | $ | 32,727 |  |  | $ | 32,179 |
Information systems | 39,483 |  |  | 30,140 |
Furniture, fixtures and office equipment | 17,274 |  |  | 15,447 |
Leasehold improvements | 4,192 |  |  | 3,226 |
Buildings and improvements | 1,382 |  |  | 1,382 |
Property and equipment, gross | 95,058 |  |  | 82,374 |
Less: Accumulated depreciation | (47,113) |  |  | (43,746) |
Property and equipment, net | $ | 47,945 |  |  | $ | 38,628 |

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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://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 + Details
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