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Income Taxes (Tables)
 12 Months Ended
Sep. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of Provision for Income Taxes

The provision for income taxes consisted of the following (in thousands):

 

    Years Ended September 30,  
    2016     2015     2014  
Current                        
Federal   $ 260     $ 894     $ 4,613  
State and local     970       335       366  
Total current income tax expense     1,230       1,229       4,979  
                         
Deferred                        
Federal     1,427       3,935       937  
Total deferred income tax expense     1,427       3,935       937  
                         
Total income tax expense   $ 2,657     $ 5,164     $ 5,916

Schedule of Components of Income Tax Expense

Income tax expense differs from the “expected” income tax expense computed by applying the U.S. federal statutory rate of 34% to earnings before income taxes for the years ended September 30 as a result of the following (in thousands):

 

    Years Ended September 30,  
    2016     2015     2014  
Computed expected income tax expense   $ 4,419     $ 4,812     $ 5,750  
State income taxes, net of federal benefit     970       221       242  
Transfer of deferred tax liabilities with subsidiaries sold     (841 )     -       -  
Permanent differences     122       131       (76 )
Tax credits     (2,013 )     -       -  
Total income tax expense   $ 2,657     $ 5,164     $ 5,916

Schedule of Deferred Tax Assets and Liabilities

The significant components of the Company’s deferred tax assets and liabilities were as follows (in thousands):

 

    September 30,        
    2016     2015  
Deferred tax assets (liabilities):                
Intangibles   $ (19,034 )   $ (21,359 )
Property and equipment     (10,682 )     (10,302 )
Patron tax     2,074       2,712  
Other     2,172       862  
Net deferred tax liability   $ (25,470 )   $ (28,087 )