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Property and Equipment
12 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

F. Property and Equipment

 

Property and equipment consisted of the following (in thousands):

 

    September 30,  
    2016     2015  
Buildings and land   $ 121,645     $ 108,967  
Equipment     27,218       26,239  
Leasehold improvements     24,942       28,273  
Furniture     8,009       7,596  
Total property and equipment     181,814       171,075  
Less accumulated depreciation     (39,811 )     (36,925 )
                 
Property and equipment, net   $ 142,003     $ 134,150  

 

During the year ended September 30, 2016, Company management has approved the sale of seven properties. The aggregate fair value of these properties has been reclassified as assets held for sale amounting to $7.7 million, and are included as current assets in the Company’s consolidated balance sheets as of September 30, 2016. The assets held for sale consist principally of land and buildings.