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D. FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Mar. 31, 2016
D. Fair Value Measurements Tables  
Measured at fair value on a recurring basis

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed balance sheet at March 31, 2016:

 

    Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)    

Significant Other Observable

Inputs (Level 2)

    Significant Unobservable Inputs (Level 3)     Total  
                         
Derivative instruments   $ 4,215,895     $ -     $ 9,002,233     $ 13,218,128  
                                 

  

The table below sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the condensed balance sheet at September 30, 2015:

 

    Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)    

Significant Other Observable

Inputs (Level 2)

    Significant Unobservable Inputs (Level 3)     Total  
                         
Derivative instruments   $ 7,363,555     $ -     $ 6,323,032     $ 13,686,587  
Reconciliation of beginning and ending balances related to fair value measurements using significant unobservable inputs (Level 3)
    (6 months ended)     (12 months ended)  
    March 31, 2016     September 30, 2015  
Beginning balance   $ 6,323,032     $ 307,894  
Issuances     5,060,771       8,003,220  
Realized and unrealized gains     (2,381,570 )     (1,988,082 )
Ending balance   $ 9,002,233     $ 6,323,032