Marketable Securities (Tables)

9 Months Ended

Jun. 30, 2014

Investments Debt And Equity Securities [Abstract]

Company's Marketable Securities Measured at Fair Value

The following table sets forth, by level, within the fair value hierarchy, the Company’s marketable securities measured at fair value as of June 30, 2014:


	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	18,944,000	$	—	$	—	$	18,944,000
Mutual Funds		24,608,000		—		—		24,608,000
Exchange Traded Funds		2,010,000		—		—		2,010,000
United States Treasury Bills		40,000,000		—		—		40,000,000
Cash		2,030,000		—		—		2,030,000

Total	$	87,592,000	$	—	$	—	$	87,592,000

Net unrealized gains included in the consolidated statement of operations for the quarter and nine months ended June 30, 2014, on trading securities still held as of June 30, 2014, were $1,334,000 and $2,038,000, respectively. There were no transfers of investments between Level 1 and Level 2 during the nine months ended June 30, 2014.

The following table sets forth, by level, within the fair value hierarchy, the Company’s marketable securities measured at fair value as of September 30, 2013:


	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	12,634,000	$	—	$	—	$	12,634,000
Mutual Funds		28,264,000		—		—		28,264,000
Exchange Traded Funds		5,162,000		—		—		5,162,000
Corporate Bonds		—		17,376,000		—		17,376,000
Municipal Bonds		—		15,555,000		—		15,555,000
United States Treasury Bills		2,000,000		—		—		2,000,000
Cash		2,122,000		—		—		2,122,000

Total	$	50,182,000	$	32,931,000	$	—	$	83,113,000