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Income Taxes | 12 Months Ended
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Sep. 30, 2014
Income Taxes [Abstract] |
Income Taxes | 5. Income Taxes: Deferred tax assets (liabilities) are comprised of the following at September 30:
|  | 2014 |  | 2013
|  | Current |  | Long Term |  | Current |  | Long Term
Deferred assets (liabilities): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tax effect of net operating loss carry-forward (includes $15,500 of charitable carry-forward) |  | $ | 0 |  |  | $ | 2,830,000 |  |  | $ | 0 |  |  | $ | 2,733,000 |
Partnership basis difference |  |  | 0 |  |  |  | 194,000 |  |  |  | 0 |  |  |  | 168,000 |
Deferred revenue |  |  | 0 |  |  |  | 98,000 |  |  |  | 0 |  |  |  | 107,000 |
Property and equipment basis differences |  |  | 0 |  |  |  | 409,000 |  |  |  | 0 |  |  |  | 400,000 |
Other accrued liability and asset difference |  |  | 40,000 |  |  |  | 186,000 |  |  |  | 12,000 |  |  |  | 94,000 |
Net deferred tax assets |  |  | 40,000 |  |  |  | 3,717,000 |  |  |  | 12,000 |  |  |  | 3,502,000 |
Less valuation allowance* |  |  | (40,000) |  |  |  | (3,717,000) |  |  |  | (12,000) |  |  |  | (3,502,000) |
Net deferred tax assets |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
* The valuation allowance increased by $243,000 during the year ended September 30, 2014. The Company has net operating loss carry-forwards available for future periods, as discussed below, of approximately $941,000 from 2013 and 2014, and $6,108,000 from 2012 and prior for income tax purposes which expire from 2013 through 2032. Based on the change in control, which occurred in 2011, the utilization of the loss carry-forwards incurred for periods prior to 2012 is limited to approximately $160,000 per year. Total income tax expense for the years ended 2014 and 2013 differed from the amounts computed by applying the U.S. Federal statutory tax rates to pre-tax income as follows:
|  | 2014 |  |  | 2013 |
Total expense (benefit) computed by applying the U.S. Statutory rate (35%) |  | $ | (242,000) |  |  | $ | (240,000) |
State income tax, net of federal tax benefit |  |  | (21,000) |  |  |  | (21,000) |
Effect of change in valuation allowance |  |  | 243,000 |  |  |  | 71,000 |
Permanent differences |  |  | 51,000 |  |  |  | 29,000 |
Expiration of net operating loss carry-forward |  |  | 1,000 |  |  |  | 149,000 |
Other |  |  | (32,000) |  |  |  | 12,000 |
Provision for income taxes |  | $ | 0 |  |  | $ | 0 |

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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