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CONVERTIBLE PREFERRED STOCK (Details) (USD $) | 6 Months Ended |
--- | --- | ---
Mar. 31, 2014 | Sep. 30, 2013
CONVERTIBLE PREFERRED STOCK |  |
Number of series of convertible preferred stock outstanding | 2 |
Series A |  |
Convertible preferred stock |  |
Par value (gross proceeds): | $ 2,500,000 |
Number of shares: | 100,000 | 100,000
Liquidation preference per share: | $ 25.00 |
Conversion price per share: | $ 30.31 |
Number of common shares in which to be converted: | 82,481 |
Dividend rate: (as a percent) | 6.785% |
Numerator of the multiplier used to calculate number of common shares in which the preferred stock are convertible | 25.00 |
Redemption price as a percentage of liquidation preference | 112.00% |
Annual percentage decrease in redemption price until the redemption price equals the liquidation preference | 1.00% |
Series B |  |
Convertible preferred stock |  |
Par value (gross proceeds): | 400,000 |
Number of shares: | 16,000 | 16,000
Liquidation preference per share: | $ 25.00 |
Conversion price per share: | $ 24.65 |
Number of common shares in which to be converted: | 16,227 |
Dividend rate: (as a percent) | 6.37% |
Numerator of the multiplier used to calculate number of common shares in which the preferred stock are convertible | $ 25.00 |
Redemption price as a percentage of liquidation preference | 112.00% |
Annual percentage decrease in redemption price until the redemption price equals the liquidation preference | 1.00% |
Number of directors who can be elected by an institutional investor, pursuant to the voting rights in the certificate of designation | 1 |
Series B | Chief Executive Officer |  |
Convertible preferred stock |  |
Closely held shares of Series B Preferred Stock | 8,000 |

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- Definition Shares of the Series B Preferred Stock held by the CEO & Chairman of the Board. + References No definition available. + Details
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- Definition The per share liquidation preference (or restrictions) of stock classified as temporary equity that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Amount to be paid per share that is classified as temporary equity by entity upon redemption. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 28 -Article 5 + Details
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