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EARNINGS PER SHARE (Tables)
3 Months Ended
Dec. 31, 2018
EARNINGS PER SHARE [Abstract]  
Basic and Diluted Earnings per Share

The standards of accounting for earnings per share require companies to provide a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations.  Basic and diluted earnings per share were calculated as follows:

  
Three Months Ended
December 31,
 
  
2018
  
2017
 
Numerator:
      
Net Income (Loss)
 
$
13,443
  
$
(3,083
)
Less: Loss attributable to participating securities
  
-
   
11
 
Earnings (loss) available to common shares
 
$
13,443
  
$
(3,072
)
         
Denominator:
        
Weighted average common shares
  
27,156,882
   
25,325,757
 
(Denominator for basic calculation)
        
         
         
Weighted average effect of dilutive securities
  
604,954
   
-
 
Diluted weighted average common shares
  
27,761,836
   
25,325,757
 
(Denominator for diluted calculation)
        
         
Earnings (loss) per share:
        
         
Basic
 
$
0.50
  
$
(0.12
)
         
Diluted
 
$
0.48
  
$
(0.12
)