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MARKETABLE SECURITIES (Tables)
12 Months Ended
Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Table Text Block]
The Company’s marketable securities are summarized in the table below:
 
 
 
For the Fiscal Years Ended September 30,
 
 
 
2014
 
2013
 
Trading:
 
 
 
 
 
 
 
Cost
 
$
1,320,816
 
$
954,053
 
Unrealized gains
 
 
48,560
 
 
174,940
 
Unrealized losses
 
 
(318,146)
 
 
(48,246)
 
Total fair value
 
$
1,051,230
 
$
1,080,747
 
Fair Value, Assets Measured On Recurring Basis [Table Text Block]
The following table presents the Company’s fair value hierarchy for assets, consisting of marketable securities, measured at fair value on a recurring basis at September 30, 2014 and 2013:
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Equity securities
 
$
1,051,230
 
$
-
 
$
-
 
$
1,051,230
 
Total assets at fair value at September 30, 2014
 
$
1,051,230
 
$
-
 
$
-
 
$
1,051,230
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
1,080,747
 
$
-
 
$
-
 
$
1,080,747
 
Total assets at fair value at September 30, 2013
 
$
1,080,747
 
$
-
 
$
-
 
$
1,080,747