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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income $ 1,045,000 $ 1,275,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,000 16,000
Deferred income taxes 176,000 162,000
Impairment of consumer receivables acquired for liquidation 23,000
Stock based compensation 7,000
Unrealized gain on equity securities (10,000) 29,000
Provision/ (recoveries) for bad debts - personal injury claims (302,000) 203,000
Loss from equity method investment 4,000 30,000
Changes in:    
Prepaid and income taxes receivable 196,000 414,000
Due from third party collection agencies and attorneys 191,000 64,000
Accounts receivable 63,000 (203,000)
Other assets 156,000 184,000
Other liabilities 43,000 (232,000)
Right of use assets 91,000
Right of use liabilities (96,000)
Income taxes payable 203,000
Net cash provided by operating activities 1,807,000 1,949,000
Cash flows from investing activities:    
Principal collected on receivables acquired for liquidation 242,000 535,000
Purchase of available for sale debt securities and investments in equity securities (48,172,000) (25,920,000)
Proceeds from sale of available for sale debt securities 43,612,000 20,574,000
Proceeds from note receivable 482,000
Proceeds from settlement receivable 463,000 473,000
Personal injury claims - advances (49,000)
Personal injury claims - receipts 1,008,000 1,729,000
Change in equity method investment (2,000) (61,000)
Net cash used in investing activities (2,898,000) (2,188,000)
Cash flows from financing activities:    
Net cash provided by financing activities
Foreign currency effect on cash (61,000) 166,000
Net decrease in cash and cash equivalents (1,152,000) (73,000)
Cash and cash equivalents at beginning of period 4,308,000 6,284,000
Cash and cash equivalents at end of period 3,156,000 6,211,000
Supplemental disclosure of non-cash operating activities:    
Initial recognition of right of use assets 636,000
Initial recognition of lease liabilities $ 636,000