SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Sep. 30, 2012

SHARE-BASED PAYMENTS

Schedule of share-based compensation (benefit) expense and related income tax effects

	Year ended September 30,
	2012			2011
Share-based compensation (benefit) expense	$	(103,000	)	$	404,000
Income tax effect	$	-		$	-

Equity-classified share options

Share-based payments

Summary of the activity in share options

					Weighted-
		Weighted-			Average
		Average			Remaining		Aggregate
		Exercise			Contractual		Intrinsic
Options	Shares	Price			Term		Value
Outstanding at October 1, 2011	60,000		$	8.62
Granted	-
Exercised	-
Expired/Forfeited	-
Outstanding at September 30, 2012	60,000		$	8.62		2.2		$	-
Exercisable at September 30, 2012	60,000		$	8.62		2.2		$	-

Liability-classified share options

Share-based payments

Summary of the activity in share options

					Weighted-
		Weighted-			Average
		Average			Remaining		Aggregate
		Exercise			Contractual		Intrinsic
Options	Shares	Price			Term		Value
Outstanding at October 1, 2011	755,375		$	8.40
Granted	-
Exercised	-
Expired/Forfeited	-
Outstanding at September 30, 2012	755,375		$	8.40		5.4		$	-
Exercisable at September 30, 2012	591,625		$	9.53		5.0		$	-

Schedule of assumptions used in estimating fair value for all share options outstanding

	Year ended September 30,
	2012	2011
Expected volatility range	59.2% to 66.8%	56.5% to 71.0%
Weighted-average volatility	62.2%	63.1%
Expected dividends	0.0%	0.0%
Expected term (in years)	2.2 to 7.2	3.2 to 8.2
Risk-free interest rate	0.2% to 1.0%	0.4% to 1.7%
Expected forfeitures	None	None

Summary of components of the total share based compensation

	Year ended September 30,
	2012				2011
Due to vesting		$	105,000			$	253,000
Due to remeasurement			(208,000	)			151,000
Total share-based compensation (benefit) expense for liability-based awards		$	(103,000	)		$	404,000