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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUES:        
Operating revenues $ 11,071,918 $ 11,682,950 $ 53,295,102 $ 58,174,656
OPERATING EXPENSES:        
Operations and maintenance 3,426,231 3,426,717 11,453,850 10,662,800
General taxes 527,418 494,958 1,658,528 1,559,183
Depreciation and amortization 1,988,505 1,905,475 5,965,226 5,716,425
Total operating expenses 9,736,255 10,045,893 39,877,844 47,069,894
OPERATING INCOME 1,335,663 1,637,057 13,417,258 11,104,762
Equity in earnings of unconsolidated affiliate 1,205,574 777,193 3,488,253 2,038,417
Other income (expense), net 52,556 (5,967) 528,091 241,628
Interest expense 986,203 925,698 3,109,681 2,635,129
INCOME BEFORE INCOME TAXES 1,607,590 1,482,585 14,323,921 10,749,678
INCOME TAX EXPENSE 401,012 344,030 3,430,091 2,506,871
NET INCOME $ 1,206,578 $ 1,138,555 $ 10,893,830 $ 8,242,807
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 0.15 $ 0.14 $ 1.34 $ 1.03
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) 0.15 0.14 1.34 1.02
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.175 $ 0.165 $ 0.525 $ 0.495
Gas Utility [Member]        
OPERATING REVENUES:        
Operating revenues $ 10,856,453 $ 11,534,948 $ 52,757,778 $ 57,630,278
OPERATING EXPENSES:        
Cost of gas and sales 3,680,408 4,132,871 20,531,211 28,810,668
Non Utility [Member]        
OPERATING REVENUES:        
Operating revenues 215,465 148,002 537,324 544,378
OPERATING EXPENSES:        
Cost of gas and sales $ 113,693 $ 85,872 $ 269,029 $ 320,818