Marketable Securities (Tables)

9 Months Ended

Jun. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Company's Marketable Securities Measured at Fair Value

The following table sets forth, by level, within the fair value hierarchy, the Company’s marketable securities measured at fair value as of June 30, 2018:

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	12,288,000	$	—	$	—	$	12,288,000
Mutual Funds		8,502,000		—		—		8,502,000
Exchange-Traded Funds		5,581,000		—		—		5,581,000
Corporate Bonds		—		29,912,000		—		29,912,000
Government Securities		28,944,000		—		—		28,944,000
Cash and Money Funds		2,673,000		—		—		2,673,000
Total	$	57,988,000	$	29,912,000	$	—	$	87,900,000

Changes in net unrealized gains and (losses) included in the consolidated statements of income for the quarter and nine months ended June 30, 2018, on trading securities still held as of June 30, 2018, were $(577,000) and $(2,012,000), respectively. There were no transfers of investments between Level 1 and Level 2 during the nine months ended June 30, 2018.

The following table sets forth by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2017:

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	11,338,000	$	—	$	—	$	11,338,000
Mutual Funds		7,155,000		—		—		7,155,000
Exchange-Traded Funds		3,417,000		—		—		3,417,000
Corporate Bonds		—		7,196,000		—		7,196,000
Government Securities		54,542,000		—		—		54,542,000
Cash and Money Funds		4,238,000		—		—		4,238,000
Total	$	80,690,000	$	7,196,000	$	—	$	87,886,000