Marketable Securities and Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2020

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 December 31, 2020:

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	15,129,000	$	—	$	—	$	15,129,000
Mutual Funds		13,260,000		—		—		13,260,000
Exchange-Traded Funds		15,775,000		—		—		15,775,000
Corporate Bonds		—		27,392,000		—		27,392,000
Government Securities		16,056,000		—		—		16,056,000
Cash and Money Funds		4,437,000		—		—		4,437,000
Total	$	64,657,000	$	27,392,000	$	—	$	92,049,000

Net unrealized gains recognized during the quarter ended December 31, 2020 on trading securities still held as of December 31, 2020 were $1,908,000.

The following table sets forth by level, within the fair value hierarchy, the Company’s assets measured at fair value as of September 30, 2020:

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Equities	$	11,949,000	$	—	$	—	$	11,949,000
Mutual Funds		9,595,000		—		—		9,595,000
Exchange-Traded Funds		10,344,000		—		—		10,344,000
Corporate Bonds		—		27,877,000		—		27,877,000
Government Securities		16,147,000		—		—		16,147,000
Cash and Money Funds		13,586,000		—		—		13,586,000
Total	$	61,621,000	$	27,877,000	$	—	$	89,498,000