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DEBT ARRANGEMENTS (Tables)
12 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following at September 30:
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Term loan payable to a bank, payable in monthly principal installments of $65. Interest is variable at LIBOR plus 325 basis points which was 3.4 % at September 30, 2015. Collaterialized by underlying property. Due May, 2019.
 
$
4,452
 
$
5,238
 
 
 
 
 
 
 
 
 
Less: Current portion
 
 
786
 
 
786
 
 
 
 
 
 
 
 
 
Long term total
 
$
3,666
 
$
4,452
 
Schedule of Maturities of Long-term Debt
The following table summarizes the annual principal payments under our term loan through maturity in May 2019:
 
 
 
2016
 
2017
 
2018
 
2019
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Term loan
 
$
786
 
$
786
 
$
785
 
$
2,095
 
$
4,452