Somehow this fixed itself - not sure how but this is what I did prior to it working again. I clicked hardware tab, highlighted raid controller modules on the enclosure image, then clicked the "View Complete RAID controller module properties" link in the right pane. After doing that, the options are now available. Not sure what happened there - presumed a communication issue that re-established itself.
MDSM v11.2 on a Windows Server 2008r2 I feel like I've seen this issue before but can't remember the solution. Thanks in advance! [IMAGE]
MD3200i Configure Raid Controller Module Management or iSCSI Greyed Out - MDSM 
v11.2