- Definition

The maximum number of securities classified as temporary equity that are permitted to be issued by an entity's charter and bylaws. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

+ References+ Details

SHAREHOLDERS' EQUITY (Detail Textuals 1) (USD $)			3 Months Ended
SHAREHOLDERS' EQUITY (Detail Textuals 1) (USD $)	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013 Convertible Preferred Stock	Jun. 30, 2013 Blank Check Preferred Stock	Sep. 30, 2012 Blank Check Preferred Stock	Jun. 30, 2013 Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Dividend Rate, Percentage			6.00%
Preferred Stock, Shares Authorized				4,000,000	4,000,000	100,000
Temporary Equity, Shares Authorized			1,500,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01