Taxes (Tables)

12 Months Ended

Sep. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of Net Income and Taxable Income

The following table reconciles net income attributable to common shares to taxable income for the years ended September 30, 2016, 2015 and 2014:

	2016 Estimated			2015 Actual			2014 Actual
	(unaudited)
Net income applicable to common shareholders	$	20,531,888		$	16,998,783		$	11,238,262
Book / tax difference on gains realized from capital transactions		(4,398,599	)		(5,824,405	)		(2,166,766	)
Stock compensation expense		926,465			448,895			347,002
Deferred compensation		-0-			-0-			-0-
Other book / tax differences, net		(232,914	)		2,342,751			(150,831	)
Taxable income before adjustments		16,826,840			13,966,024			9,267,667
Add: capital gains		3,774,099			5,000,683			973,761
Estimated taxable income subject to 90% dividend requirement	$	20,600,939		$	18,966,707		$	10,241,428

Schedule of Cash Dividends Paid and Dividends Paid Deduction

The following table reconciles cash dividends paid with the dividends paid deduction for the years ended September 30, 2016, 2015 and 2014:

	2016 Estimated			2015 Actual			2014 Actual
	(unaudited)
Cash dividends paid	$	42,034,183		$	35,522,127		$	29,531,430
Less: Portion designated capital gains distribution		(3,774,099	)		(5,000,683	)		(973,761	)
Less: Return of capital		(9,470,625	)		(2,939,882	)		(9,856,777	)
Estimated dividends paid deduction	$	28,789,459		$	27,581,562		$	18,700,892