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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Revenues      
Advertising, net $ 9,104,000 $ 9,854,000 $ 10,502,000
Circulation 5,654,000 5,912,000 5,915,000
Advertising service fees and other 2,812,000 2,651,000 2,703,000
Licensing and maintenance fees 16,037,000 14,758,000 13,984,000
Consulting fees 4,476,000 4,085,000 4,704,000
Other public service fees 3,301,000 4,352,000 6,170,000
41,384,000 41,612,000 43,978,000
Costs and expenses      
Salaries and employee benefits 31,749,000 27,381,000 26,010,000
Outside services 4,552,000 3,729,000 3,524,000
Postage and delivery expenses 1,112,000 1,141,000 1,318,000
Newsprint and printing expenses 877,000 912,000 1,225,000
Depreciation and amortization 5,586,000 5,709,000 5,531,000
Other general and administrative expenses 10,675,000 9,380,000 9,882,000
54,551,000 48,252,000 47,490,000
Loss from operations (13,167,000) (6,640,000) (3,512,000)
Other income (expenses)      
Dividends and interest income 4,844,000 4,085,000 3,829,000
Other income 34,000 61,000 65,000
Interest and penalty expense reversal (accrual) for uncertain and unrecognized tax benefits 743,000 (112,000) (96,000)
Gains on sales of marketable securities/capital assets 4,000
Other-than-temporary impairment losses on investments (376,000)
Loss before taxes (8,068,000) (2,978,000) (310,000)
Benefit from income taxes 7,150,000 1,935,000 1,120,000
Net (loss) income $ (918,000) $ (1,043,000) $ 810,000
Weighted average number of common shares outstanding – basic and diluted (in shares) 1,380,746 1,380,746 1,380,746
Basic and diluted net (loss) income per share (in dollars per share) $ (0.66) $ (0.76) $ 0.59
Comprehensive income (loss)      
Net (loss) income $ (918,000) $ (1,043,000) $ 810,000
Net change in unrealized appreciation of investments (net of taxes of $22,300,000 for fiscal 2017; net of tax benefits of $1,028,000 and $5,764,000 for fiscal 2016 and 2015, respectively) 35,316,000 (2,214,000) (8,811,000)
Reclassification adjustment of other-than-temporary impairment losses recognized in net income (net of taxes of $0, $0 and $146,000 for fiscal 2017, 2016 and 2015, respectively) 230,000
34,398,000 (3,257,000) (7,771,000)
Real Estate Bank Loan Secured by Logan Office [Member]      
Other income (expenses)      
Interest expense on debt (100,000) (88,000)
Margin Account [Member]      
Other income (expenses)      
Interest expense on debt $ (422,000) $ (284,000) $ (224,000)