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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Summary of the basic and diluted income per share
The following summarizes the basic and diluted loss per share:
 
 
Three Months Ended December 31,
 
2017
 
2016
 
(Unaudited)
(dollars in thousands, except per share amounts)
Weighted average shares calculation:
 

 
 

Basic weighted average common shares outstanding
31,876,603

 
31,261,603

Treasury stock effect of options and restricted stock
—

 
—

 
 
 
 
Diluted weighted average common shares outstanding
31,876,603

 
31,261,603

 
 
 
 
Net loss
$
(1,212
)
 
$
(8,397
)
Basic and diluted loss per common share
$
(0.04
)
 
$
(0.27
)