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Consolidated Statements of Operations (USD $)
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Revenues    
Commissions $ 78,168,000 $ 70,301,000
Principal transactions 13,426,000 14,427,000
Investment banking fees 14,002,000 15,390,000
Interest and dividends 3,935,000 2,996,000
Transfer fees and clearing services 7,740,000 7,196,000
Investment advisory fees 9,508,000 8,092,000
Other 804,000 246,000
Total Revenues 127,583,000 118,648,000
Operating Expenses    
Commissions, compensation and fees 110,656,000 103,800,000
Clearing fees 2,134,000 1,662,000
Communications 4,494,000 4,731,000
Occupancy, equipment and other admin expenses 3,300,000 4,189,000
Professional fees 3,382,000 2,714,000
Interest 248,000 916,000
Taxes, licenses and registration 1,582,000 1,536,000
Total Operating Expenses 125,796,000 119,548,000
Net Income (Loss) from Operations 1,787,000 (900,000)
Other Expenses    
Loss on disposition of unconsolidated joint venture   (1,051,000)
Loss on investment in unaffilitated entity (162,000)  
Total Other Expenses (162,000) (1,051,000)
Net Income (Loss) before income taxes 1,625,000 (1,951,000)
Income taxes 60,000  
Total Provision for Income Tax 60,000  
Net Income (Loss) before non-controlling interest 1,565,000 (1,951,000)
Net loss attributable to noncontrolling interest 3,000 14,000
NET INCOME (LOSS) 1,568,000 (1,937,000)
Preferred stock dividend   (93,000)
Net income (loss) attributable to common stockholders $ 1,568,000 $ (2,030,000)
Net income (loss) attributable to common stockholders - Basic (in Dollars per share) $ 0.02 $ (0.08)
Net income (loss) attributable to common stockholders - Diluted (in Dollars per share) $ 0.02 $ (0.08)
Weighted average number of shares outstanding - Basic (in Shares) 70,651,415 25,014,166
Weighted average number of shares outstanding - Diluted (in Shares) 74,887,749 25,014,166