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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
Common Stock
Treasury Stock
Additional Paid in Capital
Retained Earnings
Total
Balance at Sep. 30, 2017 $ 8,314 $ (13,601,302) $ 20,825,919 $ 60,935,911 $ 68,168,842
Balance (in shares) at Sep. 30, 2017 831,438 (153,432)      
Increase (Decrease) in Stockholders' Equity          
Dividends on common stock       (702,491) (702,491)
Compensation expense and issuance of stock in connection with equity-based awards $ 127   1,243,179   1,243,306
Compensation expense and issuance of stock in connection with equity-based awards (in shares) 12,651        
Repurchase of common stock   $ (7,723,450)     (7,723,450)
Repurchase of common stock (in shares)   (74,880)      
Net income       3,614,610 3,614,610
Balance at Sep. 30, 2018 $ 8,441 $ (21,324,752) 22,069,098 63,848,030 $ 64,600,817
Balance (in shares) at Sep. 30, 2018 844,089 (228,312)     615,777
Increase (Decrease) in Stockholders' Equity          
Dividends on common stock       (636,576) $ (636,576)
Compensation expense and issuance of stock in connection with equity-based awards $ 120   1,096,541   1,096,661
Compensation expense and issuance of stock in connection with equity-based awards (in shares) 11,950        
Repurchase of common stock   $ (7,507,103)     (7,507,103)
Repurchase of common stock (in shares)   (75,113)      
Net income       3,202,943 3,202,943
Balance at Sep. 30, 2019 $ 8,561 $ (28,831,855) $ 23,165,639 $ 66,414,397 $ 60,756,742
Balance (in shares) at Sep. 30, 2019 856,039 (303,425)     552,614