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INTANGIBLE ASSETS
6 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS
INTANGIBLE ASSETS
 
Intangibles consisted of the following at March 31, 2019 and September 30, 2018

 
March 31, 2019
Intangible asset
Cost
 
Accumulated Amortization
 
Carrying Value
 
Estimated
Useful Life
(years)
Customer relationships
$
9,326,000

 
$
4,034,000

 
$
5,292,000

 
3-10
Brand name
710,000

 

 
710,000

 
Indefinite
Software license
45,000

 
19,000

 
26,000

 
3
 
$
10,081,000

 
$
4,053,000

 
$
6,028,000

 
 


 
September 30, 2018
Intangible asset
Cost
 
Accumulated Amortization
 
Carrying Value
 
Estimated
Useful Life
(years)
Customer relationships
$
7,511,000

 
$
3,525,000

 
$
3,986,000

 
3-10
Brand name
710,000

 

 
710,000

 
Indefinite
Software license
45,000

 
11,000

 
34,000

 
3
 
$
8,266,000

 
$
3,536,000

 
$
4,730,000

 
 


Amortization expense associated with intangible assets for the three months ended March 31, 2019 and 2018 was $289,000 and $220,000, respectively.

Amortization expense associated with intangible assets for the six months ended March 31, 2019 and 2018 was $517,000 and $430,000, respectively.

The estimated future amortization expense of the finite lived intangible assets for the next five fiscal years and thereafter is as follows:   
Fiscal year ending
September 30,
 
Six months ending September 30, 2019
$
587,000

2020
1,103,000

2021
1,092,000

2022
1,034,000

2023
781,000

Thereafter
721,000

Total
$
5,318,000