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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (82,000) $ 631,000
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Depreciation and amortization 596,000 568,000
Amortization of forgivable loans to registered representatives 324,000 149,000
Stock-based compensation 99,000 253,000
Provision for doubtful accounts 15,000 173,000
Amortization of deferred clearing credit (105,000) (78,000)
Increase in fair value of purchase consideration 8,000 0
Deferred tax expense 33,000 374,000
Changes in assets and liabilities, net of effects of acquisition    
Restricted cash (155,000) (125,000)
Cash deposits with clearing organizations (25,000) 0
Securities owned, at fair value 377,000 147,000
Receivables from broker-dealers and clearing organizations (474,000) 1,353,000
Forgivable loans receivable, net of repayments (523,000) (423,000)
Other receivables, net (815,000) (452,000)
Prepaid expenses (301,000) (981,000)
Other assets, principally refundable deposits 202,000 258,000
Accounts payable, accrued expenses and other liabilities (685,000) (2,156,000)
Securities sold, but not yet purchased, at fair value (31,000) (21,000)
Net cash used in operating activities (1,542,000) (330,000)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of fixed assets (267,000) (211,000)
Net cash used in investing activities (267,000) (211,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchase of shares of common stock (86,000) 0
Net cash used in financing activities (86,000) 0
NET DECREASE IN CASH (1,895,000) (541,000)
CASH BALANCE    
Beginning of the period 24,642,000 24,465,000
End of the period 22,747,000 23,924,000
Cash paid during the period for:    
Interest 3,000 2,000
Income taxes $ 21,000 $ 1,123,000