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v3.3.0.814

Fair Value Measurements (Details) - USD ($) | 1 Months Ended | 9 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
May. 31, 2014 | Sep. 30, 2015 | Sep. 30, 2014 | Dec. 31, 2014 | Nov. 03, 2015
Fair Value of Financial Instruments |  |  |  |  |
Carrying amount |  | $ 35,750,000 |  | $ 13,250,000 |
Available-for-sale securities |  |  |  |  |
Aggregate cost of available-for-sale securities |  | 5,300 |  |  |
Proceeds from shares sold to related party |  |  | $ 266,000 |  |
Gain on shares sold to related party |  |  | $ 134,000 |  |
Unrealized gain on available-for-sale securities |  | 25,700 |  |  |
Facility |  |  |  |  |
Fair Value of Financial Instruments |  |  |  |  |
Carrying amount |  | 35,750,000 |  | 13,250,000 | $ 23,250,000
Recurring |  |  |  |  |
Available-for-sale securities: |  |  |  |  |
Available-for-sale Securities, Equity Securities |  | 31,000 |  | 29,000 |
Recurring | Interest rate swap |  |  |  |  |
Available-for-sale securities: |  |  |  |  |
Derivative financial instruments |  |  |  | 27,000 |
Financial liabilities: |  |  |  |  |
Derivative financial instruments |  | 5,705,000 |  | 3,139,000 |
Recurring | Level 1 |  |  |  |  |
Available-for-sale securities: |  |  |  |  |
Available-for-sale Securities, Equity Securities |  | 31,000 |  | 29,000 |
Recurring | Level 2 | Interest rate swap |  |  |  |  |
Available-for-sale securities: |  |  |  |  |
Derivative financial instruments |  |  |  | 27,000 |
Financial liabilities: |  |  |  |  |
Derivative financial instruments |  | 5,705,000 |  | 3,139,000 |
BRT Realty Trust | Gould Investors L.P. |  |  |  |  |
Available-for-sale securities |  |  |  |  |
Number of shares sold to related party | 37,081 |  |  |  |
Proceeds from shares sold to related party | $ 266,000 |  |  |  |
Period based on which average of the closing prices considered for proceeds from related party | 30 days |  |  |  |
Cost of shares sold to related party | $ 132,000 |  |  |  |
Gain on shares sold to related party | 134,000 |  |  |  |
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax | $ 132,000 |  |  |  |
Mortgages payable |  |  |  |  |
Fair Value of Financial Instruments |  |  |  |  |
Estimated fair value of mortgages payable |  | 336,157,000 |  | 300,541,000 |
Excess of fair value over carrying value |  | $ 10,556,000 |  | $ 8,492,000 |
Blended or estimated market interest rate (as a percent) |  | 4.20% |  | 4.50% |
Weighted average remaining term of the mortgages |  | 9 years 1 month 6 days |  | 9 years 1 month 6 days |

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- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=51814546&loc=SL51823488-111719 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51825145&loc=SL20226000-175313 + Details
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- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
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