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EQUITY-BASED INCENTIVE AWARDS (Tables) | 3 Months Ended
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Dec. 31, 2024
EQUITY-BASED INCENTIVE AWARDS |
Schedule of restricted stock awards | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Restricted Stock Awards (1) |  | Restricted Stock Awards (2) | ​ | Restricted Stock Awards (3)
Date of award: |  | ​ | October 2022 | ​ | ​ | October 2023 | ​ | ​ | October 2024
Original number of awards issued: |  | ​ | 15,100 | ​ | ​ | 15,100 | ​ | ​ | 15,100
Service period: |  | ​ | 36 months |  | ​ | 36 months | ​ | ​ | 36 months
Estimated fair value of award at grant date: | ​ | $ | 2,824,000 | ​ | $ | 2,762,000 | ​ | ​ | 2,069,000
Non-vested awards outstanding at December 2024: | ​ | ​ | 5,034 | ​ | ​ | 10,067 | ​ | ​ | 15,100
Fair value of non-vested awards at December 2024 of approximately: | ​ | $ | 645,000 | ​ | $ | 1,290,000 | ​ | ​ | 1,935,000
(1) | 10,066 of the restricted stock awards were vested as of December 2024. The remaining 5,034 restricted stock awards will vest in October 2025.
(2) | 5,033 of the restricted stock awards were vested as of December 2024. 5,033 restricted stock awards will vest in October 2025 and 5,034 will vest in October 2026.
(3) | The 15,100 restricted stock awards will vest in equal amounts in October 2025, October 2026 and October 2027.
Summary of restricted stock awards activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Number | ​ | Weighted
​ | ​ | of | ​ | Average
​ |  | Shares |  | Fair Value
Nonvested restricted stock awards at September 2024 |  | 30,201 | ​ | $ | 144.95
Granted |  | 15,100 | ​ | ​ | 137.00
Vested |  | (15,100) | ​ | ​ | 135.33
Expired |  | — | ​ | ​ | —
Nonvested restricted stock awards at December 2024 |  | 30,201 | ​ | $ | 128.16

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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