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Condensed Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,713,000) $ (6,635,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization 1,254,000 1,348,000
Amortization of advances to registered representatives 392,000 1,289,000
Amortization of deferred financing costs   28,000
Amortization of note discount 395,000 394,000
Fair value of options 265,000 532,000
Warrant issuance and repricing for forbearance of notes payable   209,000
Net realized and unrealized gain on securities (84,000) (178,000)
Non-controlling interest (41,000) (10,000)
Increase in fair value of derivative liabilities 1,603,000 376,000
Fair value of shares issued to satisfy claims   65,000
Changes in assets and liabilities    
Deposits with clearing organizations 2,000 53,000
Provision for bad debt (14,000)  
Receivables from broker-dealers, clearing organizations and others 1,420,000 1,070,000
Securities owned: marketable, at market value 310,000 129,000
Securities owned: non-marketable, at fair value 33,000 3,000
Other assets 45,000 108,000
Accounts payable, accrued expenses and other liabilities (690,000) (3,068,000)
Accrued interest payable   8,000
Securities sold, but not yet purchased, at market (19,000) 17,000
Net cash provided by (used in) operating activities 158,000 (4,262,000)
CASH FLOWS FROM INVESTING ACTIVITIES    
Redemption of note receivable 500,000  
Investment in unconsolidated joint venture (501,000)  
Purchase of fixed assets (480,000) (691,000)
Net cash used in investing activities (481,000) (691,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of notes payable (500,000) (100,000)
Net proceeds from issuance of preferred stock 1,334,000 1,666,000
Net proceeds from subordinated borrowings   1,700,000
Repayment of subordinated borrowings (650,000)  
Net proceeds from issuance of common stock 1,585,000  
Payment of financing costs (169,000) (216,000)
Capital contribution from noncontrolling interest 31,000  
Proceeds from the sale of interest in subsidiary   800,000
Net cash provided by financing activities 1,631,000 3,850,000
NET INCREASE (DECREASE) IN CASH 1,308,000 (1,103,000)
CASH BALANCE    
Beginning of the year 5,390,000 6,493,000
End of the year 6,698,000 5,390,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 721,000 776,000
Income taxes      
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Conversion of subordinated debt in shares of preferred stock   1,708,000
Capital contributions payable to joint venture 550,000  
Reclassification of liability contracts to equity 6,464,000  
Embedded conversion features 530,000 3,955,000
Series A preferred stock dividends $ 415,000 $ 386,000