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(LOSS) INCOME PER SHARE (Tables)
3 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

                 
    As of December 31,  
    2014     2013  
Options     618,500       808,500  
Warrants     723,846       723,846  
Convertible preferred stock     692,919       692,919  
Non-vested restricted stock     114,623       322,581  
Total potentially dilutive shares     2,149,888       2,547,846