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Marketable Securities (Tables)
3 Months Ended
Dec. 31, 2012
Marketable Securities [Abstract]  
Company's assets measured at fair value
                                 
    Fair Value Measurements  
    Level 1     Level 2     Level 3     Total  

Equities

  $ 17,050,000     $ —       $ —       $ 17,050,000  

Mutual Funds

    20,296,000       —         —         20,296,000  

Corporate Bonds

    —         12,488,000       —         12,488,000  

Municipal Bonds

    —         25,786,000       —         25,786,000  

Cash and Money Funds

    3,919,000       —         —         3,919,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 41,265,000     $ 38,274,000     $ —       $ 79,539,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net unrealized gains as of December 31, 2012 were $644,000. Estimated interest accrued on the corporate and municipal bond portfolio was $442,000 at December 31, 2012. There were no transfers of investments between Level 1 and Level 2 during the quarter ended December 31, 2012.

The following tables set forth, by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2012:

 

                                 
    Fair Value Measurements  
    Level 1     Level 2     Level 3     Total  

Equities

  $ 13,912,000     $ —       $ —       $ 13,912,000  

Mutual Funds

    18,588,000       —         —         18,588,000  

Corporate Bonds

    —         14,178,000       —         14,178,000  

Municipal Bonds

    —         28,513,000       —         28,513,000  

Government Securities

    6,000,000       —         —         6,000,000  

Cash and Money Funds

    184,000       —         —         184,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 38,684,000     $ 42,691,000     $ —       $ 81,375,000