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Note 3 - Income Taxes (Tables) | 12 Months Ended
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Sep. 30, 2018
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (209,000 | ) |  | $ | (2,570,000 | ) |  | $ | (268,000 | )
State |  |  | (90,000 | ) |  |  | (6,000 | ) |  |  | (30,000 | )
|  |  | (299,000 | ) |  |  | (2,576,000 | ) |  |  | (298,000 | )
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (18,577,000 | ) |  |  | (3,854,000 | ) |  |  | (1,369,000 | )
State |  |  | (664,000 | ) |  |  | (720,000 | ) |  |  | (268,000 | )
|  |  | (19,241,000 | ) |  |  | (4,574,000 | ) |  |  | (1,637,000 | )
|  | $ | (19,540,000 | ) |  | $ | (7,150,000 | ) |  | $ | (1,935,000 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Statutory federal income tax rate |  |  | 24.3 | % |  |  | 34.0 | % |  |  | 34.0 | %
State franchise taxes (net of federal tax benefit) |  |  | 5.7 |  |  |  | 6.2 |  |  |  | 5.2 |
Revalue of deferred taxes due to federal rate change |  |  | 176.0 |  |  |  | --- |  |  |  | --- |
Effect of federal rate change on beginning net deferred tax liabilities |  |  | (34.0 | ) |  |  | --- |  |  |  | --- |
Business meals/gifts/other permanent differences |  |  | (0.4 | ) |  |  | (0.8 | ) |  |  | (2.3 | )
Domestic production activity deduction and deferred revenue |  |  | (0.9 | ) |  |  | --- |  |  |  | --- |
Dividends received deduction |  |  | 5.8 |  |  |  | 10.0 |  |  |  | 24.5 |
Reversal of uncertain and unrecognized tax position |  |  | --- |  |  |  | 37.6 |  |  |  | --- |
Penalties for uncertain and unrecognized tax benefits |  |  | --- |  |  |  | 2.0 |  |  |  | --- |
Prior year true-up |  |  | (1.8 | ) |  |  | 1.0 |  |  |  | (2.0 | )
Foreign tax credits |  |  | --- |  |  |  | 2.0 |  |  |  | 4.0 |
Effect of state rate change on beginning balance of deferred tax liabilities |  |  | (0.7 | ) |  |  | (0.3 | ) |  |  | 1.4 |
Others |  |  | (1.7 | ) |  |  | (3.0 | ) |  |  | 0.2 |
Effective tax rate |  |  | 172.3 | % |  |  | 88.7 | % |  |  | 65.0 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | 2018 |  |  | 2017 |
Deferred tax assets attributable to: |  |  |  |  |  |  |  |
Accrued liabilities, including supplemental compensation and vacation pay accrual |  | $ | (106,000 | ) |  | $ | (69,000 | )
Impairment losses on investments |  |  | 2,215,000 |  |  |  | 1,376,000 |
Bad debt reserves not yet deductible |  |  | 42,000 |  |  |  | 62,000 |
Depreciation and amortization |  |  | 4,446,000 |  |  |  | 5,977,000 |
Deferred revenues |  |  | 745,000 |  |  |  | 1,431,000 |
Net operating losses |  |  | 4,643,000 |  |  |  | 3,100,000 |
Credits and other |  |  | 455,000 |  |  |  | 1,303,000 |
Total deferred tax assets |  |  | 12,440,000 |  |  |  | 13,180,000 |
Deferred tax liabilities attributable to: |  |  |  |  |  |  |  |
Unrealized gains on investments |  |  | (42,151,000 | ) |  |  | (64,550,000 | )
Goodwill |  |  | (290,000 | ) |  |  | (311,000 | )
Total deferred tax liabilities |  |  | (42,441,000 | ) |  |  | (64,861,000 | )
Net deferred income taxes |  | $ | (30,001,000 | ) |  | $ | (51,681,000 | )
Summary of Operating Loss Carryforwards [Table Text Block] |
Fiscal year ended |  | Federal NOL |  |  | California NOL |  |  | Other State NOL |
|  | (in millions) |
September 30, 2036 |  | $ | .8 |  |  | $ | --- |  |  | $ | --- |
September 30, 2037 |  |  | 6.5 |  |  |  | .7 |  |  |  | 1.5 |
September 30, 2038 |  |  | 11.2 |  |  |  | 5.5 |  |  |  | 2.8 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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