Restricted Stock Plan (Tables)

6 Months Ended

Mar. 31, 2017

The following table summarizes the Company’s pre-tax compensation expense for the three and six months ended March 31, 2017 and 2016, related to the Company’s performance based and non-performance based restricted stock.

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2017		2016		2017		2016
Performance based, restricted stock	$	51,302	$	40,380	$	130,518	$	309,890
Non-performance based, restricted stock		85,919		96,308		187,115		198,205
Total compensation expense	$	137,221	$	136,688	$	317,633	$	508,095

Summary Of Unrecognized Compensation Cost

A summary of the Company’s unrecognized compensation cost for its unvested performance based and non-performance based restricted stock and the weighted-average periods over which the compensation cost is expected to be recognized are shown in the following table.

	As of March 31, 2017
	Unrecognized Compensation Cost		Weighted Average Period (in years)
Performance based, restricted stock	$	370,222		2.17
Non-performance based, restricted stock		403,166		1.64
Total	$	773,388