I'll try to be brief... here's a representative sample from the system log.
Aug 15 19:32:12 fqdn.myserver.net com.apple.SecurityServer[23]: in od_record_attribute_create_cfstring(): returned 2 attributes for dsAttrTypeStandard:AuthenticationAuthority
Aug 15 19:32:12 fqdn.myserver.net com.apple.SecurityServer[23]: checkpw() succeeded, creating credential for user diradmin
Aug 15 19:32:12 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.services.directory.configure' by client '/usr/libexec/opendirectoryd' [28] for authorization created by '/usr/libexec/opendirectoryd' [28] (12,0)
Aug 15 19:32:14 fqdn.myserver.net servermgrd[11988]: servermgr_accounts: Couldn't find keychain entry for local computer record
Aug 15 19:32:14 fqdn.myserver.net servermgrd[11988]: -[AccountsRequestHandler(AccountsOpenDirectoryHelpers) authLocalLDAP]: Local LDAP node authentication credentials could not be found
Aug 15 19:32:14 fqdn.myserver.net servermgrd[11988]: servermgr_accounts: Couldn't find keychain entry for local computer record
Aug 15 19:32:14 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)
Aug 15 19:32:14 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Library/PrivilegedHelperTools/com.apple.serverd' [74] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (100000,0)
Aug 15 19:32:14 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)
Aug 15 19:32:14 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Library/PrivilegedHelperTools/com.apple.serverd' [74] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (100000,0)
Aug 15 19:32:15 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)
Aug 15 19:32:15 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Library/PrivilegedHelperTools/com.apple.serverd' [74] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (100000,0)
Aug 15 19:32:15 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)
Aug 15 19:32:15 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Library/PrivilegedHelperTools/com.apple.serverd' [74] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (100000,0)
Aug 15 19:32:15 fqdn.myserver.net servermgrd[11988]: --Module servermgr_devicemgr's response has retain count of 3.
Aug 15 19:32:15 fqdn.myserver.net servermgrd[11988]: --request was {
command = getState;
}
Aug 15 19:32:15 fqdn.myserver.net servermgrd[11988]: --response was {
state = STOPPED;
}
Aug 15 19:32:16 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)
Aug 15 19:32:16 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Library/PrivilegedHelperTools/com.apple.serverd' [74] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (100000,0)
Aug 15 19:32:16 fqdn.myserver.net com.apple.SecurityServer[23]: Succeeded authorizing right 'system.privilege.admin' by client '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] for authorization created by '/Applications/Server.app/Contents/ServerRoot/System/Library/CoreServices/Serve rManagerDaemon.bundle' [11988] (2,0)