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EARNINGS (LOSS) PER SHARE - Amounts used to compute earnings per share (Details) - USD ($)
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Earnings Per Share [Abstract]    
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 (in shares) 14,239,836 14,239,836
Weighted average shares outstanding-diluted (in shares) 17,673,169 14,239,836
Earnings (loss) per share from continuing operations available to common shareholders (in dollars per share) $ 0.044 $ (0.018)
Earnings (loss) per share from continuing operations available to common shareholders-diluted (in dollars per share) $ 0.035 $ (0.018)
Income from discontinued operations   $ 36,842
Weighted average shares outstanding (in shares) 14,239,836 14,239,836
Weighted average shares outstanding-diluted (in shares) 17,673,169 14,239,836
Earnings per share from discontinued operations (in dollars per share)   $ 0.003
Earnings per share from discontinued operations-diluted (in dollars per share)   $ 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 (in dollars per share) $ 0.044 $ (0.015)
Earnings (loss) per share available to common shareholders-diluted (in dollars per share) $ 0.035 $ (0.015)