EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per share

	Three Months Ended		Three Months Ended
	December 31,		December 31,
	2015		2014
Income (loss) from continuing operations	$	698,856	$	(172,033	)
Dividends on preferred stock		77,250		77,250
Income (loss) available to common shareholders-continuing operations	$	621,606	$	(249,283	)
Weighted average shares outstanding		14,239,836		14,239,836
Weighted average shares outstanding-diluted		17,673,169		14,239,836
Earnings (loss) per share from continuing operations available to common shareholders	$	0.044	$	(0.018	)
Earnings (loss) per share from continuing operations available to common shareholders-diluted	$	0.035	$	(0.018	)
Income from discontinued operations	$	-	$	36,842
Weighted average shares outstanding		14,239,836		14,239,836
Weighted average shares outstanding-diluted		17,673,169		14,239,836
Earnings per share from discontinued operations	$	-	$	0.003
Earnings per share from discontinued operations-diluted	$	-	$	0.003
Net income (loss)	$	698,856	$	(135,191	)
Dividends on preferred stock		77,250		77,250
Net income (loss) available to common shareholders	$	621,606	$	(212,441	)
Earnings (loss) per share available to common shareholders	$	0.044	$	(0.015	)
Earnings (loss) per share available to common shareholders-diluted	$	0.035	$	(0.015	)