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Investments (Tables)
9 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Summary of Short-term and Long-term Investments

The following tables summarize the Company’s short-term and long-term investments as of June 30, 2018, and September 30, 2017.

 

 

As of June 30, 2018

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

Commercial notes (due within one year)

$

32,484,708

 

 

$

 

 

$

(237,007

)

 

$

32,247,701

 

Commercial notes (due after one year through two years)

$

17,672,658

 

 

 

 

 

$

(98,327

)

 

$

17,574,331

 

Total

$

50,157,366

 

 

$

 

 

$

(335,334

)

 

$

49,822,032

 

 

 

 

As of September 30, 2017

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

Commercial notes (due within one year)

$

40,769,539

 

 

$

 

 

$

(334,755

)

 

$

40,434,784

 

Commercial notes (due after one year through two years)

$

 

 

 

 

 

$

 

 

$

 

Total

$

40,769,539

 

 

$

 

 

$

(334,755

)

 

$

40,434,784