Restricted Stock Plan (Tables)

9 Months Ended

Jun. 30, 2020

The following table summarizes the Company’s pre-tax compensation expense for the three and nine months ended June 30, 2020 and 2019, related to the Company’s market-based, time-based and performance-based restricted stock:

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Market-based, restricted stock	$	10,247	$	60,406	$	285,150	$	306,685
Time-based, restricted stock		117,949		99,505		334,662		299,547
Performance-based, restricted stock		-		-		-		-
Total compensation expense	$	128,196	$	159,911	$	619,812	$	606,232

Summary Of Unrecognized Compensation Cost

A summary of the Company’s unrecognized compensation cost for its unvested market-based, time-based and 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 June 30, 2020
	Unrecognized Compensation Cost		Weighted Average Period (in years)
Market-based, restricted stock	$	77,900		2.06
Time-based, restricted stock		676,667		2.09
Performance-based, restricted stock		-
Total	$	754,567