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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock
Treasury Stock
Additional Paid in Capital
Retained Earnings
Total
Balance at Sep. 30, 2014 $ 6,677 $ (5,965,503) $ 13,571,909 $ 47,829,201 $ 55,442,284
Balance (in shares) at Sep. 30, 2014 667,698 (65,287)      
Increase (Decrease) in Stockholders' Equity          
Dividends on common stock       (467,768) (467,768)
Dividends on convertible preferred stock       (195,105) (195,105)
Compensation expense and issuance of stock in connection with equity-based awards $ 134   1,167,540   1,167,674
Compensation expense and issuance of stock in connection with equity-based awards (in shares) 13,411        
Proceeds from the exercise of stock options $ 250   449,750   450,000
Proceeds from the exercise of stock options (in shares) 25,000        
Net excess tax benefit on equity-based awards     320,000   320,000
Repurchase of common stock   $ (1,715,466)     (1,715,466)
Repurchase of common stock (in shares)   (19,718)      
Net income       6,361,278 6,361,278
Balance at Sep. 30, 2015 $ 7,061 $ (7,680,969) 15,509,199 53,527,606 $ 61,362,897
Balance (in shares) at Sep. 30, 2015 706,109 (85,005)     621,104
Increase (Decrease) in Stockholders' Equity          
Dividends on common stock       (654,678) $ (654,678)
Dividends on convertible preferred stock       (160,360) (160,360)
Compensation expense and issuance of stock in connection with equity-based awards $ 136   1,117,450   1,117,586
Compensation expense and issuance of stock in connection with equity-based awards (in shares) 13,637        
Conversion of Series A and Series B Convertible Preferred Stock to common stock by holders $ 987   2,898,905   2,899,892
Conversion of Series A and Series B Convertible Preferred Stock to common stock by holders (in shares) 98,707        
Repurchase of common stock   $ (4,795,412)     (4,795,412)
Repurchase of common stock (in shares)   (56,391)      
Net income       5,980,673 5,980,673
Balance at Sep. 30, 2016 $ 8,184 $ (12,476,381) $ 19,525,554 $ 58,693,241 $ 65,750,598
Balance (in shares) at Sep. 30, 2016 818,453 (141,396)     677,057