Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities
Net income	$ 4,598	$ 5,967
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	114	109
Unrealized loss on marketable securities	1
Change in right-of-use asset and operating lease liability	(27)
Deferred income taxes	950	983
Stock-based compensation	894	1,125
Interest expense associated with debt issuance cost	125	74
Employee restricted stock forfeiture		(14)
Change in operating assets and liabilities
Investment fee income receivable	841	658
Prepaid expenses	140	193
Other accounts receivable	50	(77)
Other assets		(1)
Accrued liabilities and accounts payable	(2,436)	(3,297)
Income taxes payable	39	(233)
Deferred rent		(23)
Net cash provided by operating activities	5,289	5,464
Cash flows from investing activities
Purchases of property and equipment	(69)	(89)
Payments related to management contracts	(710)	(1,769)
Net cash used in investing activities	(779)	(1,858)
Cash flows from financing activities
Principal payments on bank loan	(17,500)	(2,188)
Shares repurchased pursuant to stock buyback program	(2,713)
Restricted stock units purchased for employee tax withholding		(36)
Proceeds from shares issued pursuant to the 2018 Dividend Reinvestment and Stock Repurchase Plan	20	37
Dividend payments	(2,007)	(1,742)
Net cash used in financing activities	(22,200)	(3,929)
Net decrease in cash and cash equivalents	(17,690)	(323)
Cash and cash equivalents at the beginning of the period	24,687	25,395
Cash and cash equivalents at the end of the period	6,997	25,072
Supplemental disclosures of cash flow information:
Cash paid for income taxes	798	1,660
Cash paid for interest	$ 381	$ 527