Income Taxes (Tables)

12 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Summary Of Provision (Benefit) For Income Taxes

	2016			2015		2014
Current:
Federal	$	2,166,000		$	2,053,000	$	4,996,000
State		83,000			111,000		214,000
		2,249,000			2,164,000		5,210,000
Deferred:
Federal		(8,597,000	)		2,033,000		5,702,000
State		(1,363,000	)		639,000		908,000
		(9,960,000	)		2,672,000		6,610,000
	$	(7,711,000	)	$	4,836,000	$	11,820,000

Summary Of Difference Between Provision (Benefit) For Income Taxes And Amount Which Would Result From Application Of Federal Statutory Rate

	2016			2015			2014
Provision (benefit) for income taxes at statutory rate	$	(6,299,259	)	$	4,955,069		$	12,887,512
Percentage depletion		(395,649	)		(530,783	)		(1,466,456	)
State income taxes, net of federal provision (benefit)		(683,800	)		487,500			1,018,550
Other		(332,292	)		(75,786	)		(619,606	)
	$	(7,711,000	)	$	4,836,000		$	11,820,000

Summary Of Deferred Tax Assets And Liabilities

	2016		2015
Deferred tax liabilities:
Financial basis in excess of tax basis, principally intangible    drilling costs capitalized for financial purposes and    expensed for tax purposes	$	33,656,415	$	41,880,691
Derivative contracts		-		1,637,987
		33,656,415		43,518,678
Deferred tax assets:
State net operating loss carry forwards		259,981		323,536
AMT credit carry forwards		-		164,478
Deferred directors' compensation		1,273,279		1,149,217
Restricted stock expense		494,776		457,934
Derivative contracts		166,597		-
Other		785,775		787,506
		2,980,408		2,882,671
Net deferred tax liabilities	$	30,676,007	$	40,636,007