INTANGIBLE ASSETS (Tables)

6 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite and Indefinite-lived Intangible Assets Acquired

Intangibles consisted of the following at March 31, 2017 and September 30, 2016: 

	March 31, 2017
Intangible asset	Cost		Accumulated Amortization		Carrying Value		Estimated Useful Life (years)
Customer relationships	$	6,867,000	$	2,310,000	$	4,557,000	3-10
Non-compete	296,000		296,000		—		2
Gilman brand name	760,000		—		760,000		Indefinite
	$	7,923,000	$	2,606,000	$	5,317,000

	September 30, 2016
Intangible asset	Cost		Accumulated Amortization		Carrying Value		Estimated Useful Life (years)
Customer relationships	$	6,969,000	$	2,025,000	$	4,944,000	7-10
Non-compete	296,000		296,000		—		2
Gilman brand name	760,000		—		760,000		Indefinite
	$	8,025,000	$	2,321,000	$	5,704,000

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense of the finite lived intangible assets for the next five fiscal years and thereafter is as follows:   

Year ending September 30,
Six months ending September 30, 2017	$	395,000
2018	790,000
2019	790,000
2020	719,000
2021	719,000
Thereafter	1,144,000
Total	$	4,557,000