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INTANGIBLE ASSETS (Tables)
6 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles
Intangibles consisted of the following at March 31, 2018 and September 30, 2017

 
March 31, 2018
Intangible asset
Cost
 
Accumulated Amortization
 
Carrying Value
 
Estimated
Useful Life
(years)
Customer relationships
$
7,585,000

 
$
3,111,000

 
$
4,474,000

 
3-10
Software license
45,000

 
4,000

 
41,000

 
3
Gilman brand name
710,000

 

 
710,000

 
Indefinite
 
$
8,340,000

 
$
3,115,000

 
$
5,225,000

 
 


 
September 30, 2017
Intangible asset
Cost
 
Accumulated Amortization
 
Carrying Value
 
Estimated
Useful Life
(years)
Customer relationships
$
6,818,000

 
$
2,685,000

 
$
4,133,000

 
3-10
Gilman brand name
710,000

 

 
710,000

 
Indefinite
 
$
7,528,000

 
$
2,685,000

 
$
4,843,000

 
 
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, 2018
$
440,000

2019
880,000

2020
810,000

2021
798,000

2022
741,000

Thereafter
846,000

Total
$
4,515,000