XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Reporting | 3 Months Ended
--- | ---
Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting We have one separately reportable business segment, which is RMR LLC. In the tables below, our All Other Operations includes the operations of RMR Inc., RMR Advisors and Tremont Advisors.
|  | Three Months Ended December 31, 2017
|  |  |  | All Other |  |
|  | RMR LLC(1) |  | Operations |  | Total
Revenues: |  |  |  |  |  |
Management services |  | $ | 48,570 |  |  | $ | — |  |  | $ | 48,570 |
Incentive business management fees |  | 155,881 |  |  | — |  |  | 155,881 |
Reimbursable payroll related and other costs |  | 12,089 |  |  | 619 |  |  | 12,708 |
Advisory services |  | — |  |  | 1,382 |  |  | 1,382 |
Total revenues |  | 216,540 |  |  | 2,001 |  |  | 218,541 |
Expenses: |  |  |  |  |  |
Compensation and benefits |  | 27,455 |  |  | 1,463 |  |  | 28,918 |
General and administrative |  | 5,656 |  |  | 1,050 |  |  | 6,706 |
Transaction and acquisition related costs |  | — |  |  | 142 |  |  | 142 |
Depreciation and amortization |  | 358 |  |  | 22 |  |  | 380 |
Total expenses |  | 33,469 |  |  | 2,677 |  |  | 36,146 |
Operating income (loss) |  | 183,071 |  |  | (676 | ) |  | 182,395 |
Interest and other income |  | 726 |  |  | 58 |  |  | 784 |
Tax receivable agreement remeasurement |  | — |  |  | 24,710 |  |  | 24,710 |
Income before income tax expense and equity in losses of investees |  | 183,797 |  |  | 24,092 |  |  | 207,889 |
Income tax expense |  | — |  |  | (48,343 | ) |  | (48,343 | )
Equity in losses of investees |  | — |  |  | (222 | ) |  | (222 | )
Net income (loss) |  | $ | 183,797 |  |  | $ | (24,473 | ) |  | $ | 159,324 |
Total Assets: |  | $ | 460,121 |  |  | $ | 69,666 |  |  | $ | 529,787 |
(1) Intersegment revenues of $988 recognized by RMR LLC for services provided to the All Other Operations segment have been eliminated in the condensed consolidated financial statements.
|  | Three Months Ended December 31, 2016
|  |  |  | All Other |  |
|  | RMR LLC(1) |  | Operations |  | Total
Revenues: |  |  |  |  |  |
Management services |  | $ | 42,727 |  |  | $ | — |  |  | $ | 42,727 |
Incentive business management fees |  | 52,407 |  |  | — |  |  | 52,407 |
Reimbursable payroll related and other costs |  | 9,150 |  |  | — |  |  | 9,150 |
Advisory services |  | — |  |  | 1,010 |  |  | 1,010 |
Total revenues |  | 104,284 |  |  | 1,010 |  |  | 105,294 |
Expenses: |  |  |  |  |  |
Compensation and benefits |  | 22,688 |  |  | 544 |  |  | 23,232 |
General and administrative |  | 5,690 |  |  | 151 |  |  | 5,841 |
Depreciation and amortization |  | 369 |  |  | 186 |  |  | 555 |
Total expenses |  | 28,747 |  |  | 881 |  |  | 29,628 |
Operating income |  | 75,537 |  |  | 129 |  |  | 75,666 |
Interest and other income |  | 99 |  |  | 108 |  |  | 207 |
Income before income tax expense |  | 75,636 |  |  | 237 |  |  | 75,873 |
Income tax expense |  | — |  |  | (15,673 | ) |  | (15,673 | )
Net income (loss) |  | $ | 75,636 |  |  | $ | (15,436 | ) |  | $ | 60,200 |
Total Assets: |  | $ | 335,383 |  |  | $ | 57,284 |  |  | $ | 392,667 |
(1) Intersegment revenues of $531 recognized by RMR LLC for services provided to the All Other Operations segment have been eliminated in the condensed consolidated financial statements.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration