Nature of Operations and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basic and Diluted Earnings (Loss) Per Share

The following presents the calculation of the basic and diluted earnings (loss) per share for the years ended September 30, 2016 and 2015:


	2016						2015
	Net Income		Shares		EPS		Net Loss			Shares		EPS
Basic EPS	$	7,043,000		14,334,000	$	0.49	$	(1,819,000	)		14,283,000	$	(0.13	)
Common stock equivalents				190,000							—

Diluted EPS	$	7,043,000		14,524,000	$	0.48	$	(1,819,000	)		14,283,000	$	(0.13	)

Company's Assets Measured at Fair Value

The following table sets forth by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2016:


	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	2,408,000	$	—	$	—	$	2,408,000
Mutual Funds		5,212,000		—		—		5,212,000
Exchange-Traded Funds		510,000		—		—		510,000
Government Securities		69,583,000		—		—		69,583,000
Cash and Money Funds		8,225,000		—		—		8,225,000

Total	$	85,938,000	$	—	$	—	$	85,938,000

Net unrealized gains and (losses) reported during fiscal 2016 on trading securities still held as of September 30, 2016, were $2,502,000. There were no transfers of investments between Level 1 and Level 2 during the year ended September 30, 2016.

The following table sets forth by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2015:


	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	20,915,000	$	—	$	—	$	20,915,000
Mutual Funds		11,885,000		—		—		11,885,000
Exchange-Traded Funds		4,086,000		—		—		4,086,000
Government Securities		43,883,000		—		—		43,883,000
Cash and Money Funds		3,588,000		—		—		3,588,000

Total	$	84,357,000	$	—	$	—	$	84,357,000

Estimated Useful Lives of Assets

Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the related assets, as follows:


		Years
Land improvements		5
Buildings and improvements		6-40
Equipment		2-10

Revenues and Long-Term Assets Information Concerning Principal Geographic Areas

Information concerning principal geographic areas is as follows:


	2016				2015
			Long-Term				Long-Term
	Revenues		Assets		Revenues		Assets
United States	$	69,991,000	$	5,292,000	$	39,230,000	$	7,778,000
Other		—		—		—		—

Total	$	69,991,000	$	5,292,000	$	39,230,000	$	7,778,000