XML 33 R22.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes
3 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
 
The Company files a consolidated federal income tax return and certain combined state and local income tax returns with its subsidiaries. Income tax (benefit) expense for the three-month periods ended December 31, 2015 and 2014 is based on the Company's estimated annual effective tax rate.

At December 31, 2015, the Company had a net deferred tax asset of 11,873,000, principally comprised of net operating loss carryforwards. Management believes that is more likely than not that its deferred tax assets will be realized and, accordingly, has not provided a valuation allowance against such amount.