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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenue        
Revenues $ 9,338,000 $ 10,279,000 $ 19,590,000 $ 20,269,000
Costs and expenses        
Salaries and employee benefits 8,555,000 8,097,000 16,752,000 15,738,000
Outside services 1,044,000 1,087,000 2,083,000 2,067,000
Postage and delivery expenses 216,000 285,000 433,000 563,000
Newsprint and printing expenses 191,000 230,000 403,000 439,000
Depreciation and amortization 899,000 1,389,000 2,117,000 2,781,000
Other general and administrative expenses 2,806,000 2,457,000 5,620,000 4,800,000
13,711,000 13,545,000 27,408,000 26,388,000
Loss from operations (4,373,000) (3,266,000) (7,818,000) (6,119,000)
Other income (expense)        
Dividends and interest income 1,024,000 1,368,000 2,507,000 2,539,000
Gain on sale of bonds 3,180,000 3,182,000
Other income 10,000 6,000 19,000 21,000
Reversal of accrued interest and penalty expense for uncertain and unrecognized tax benefits 752,000 743,000
Loss before income taxes (332,000) (1,261,000) (2,443,000) (3,042,000)
Benefit from income taxes 100,000 4,240,000 16,950,000 4,550,000
Net (loss) income $ (232,000) $ 2,979,000 $ 14,507,000 $ 1,508,000
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,380,746 1,380,746 1,380,746 1,380,746
Basic and diluted net (loss) income per share (in dollars per share) $ (0.17) $ 2.16 $ 10.51 $ 1.09
Comprehensive (loss) income        
Net income $ (232,000) $ 2,979,000 $ 14,507,000 $ 1,508,000
Net (decrease) increase in unrealized appreciation of marketable securities (net of taxes) (13,861,000) 4,638,000 (1,743,000) 19,657,000
(14,093,000) 7,617,000 12,764,000 21,165,000
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Interest expense on debt (24,000) (25,000) (48,000) (51,000)
Margin Account [Member]        
Other income (expense)        
Interest expense on debt (149,000) (96,000) (285,000) (175,000)
Advertising [Member]        
Revenue        
Revenues 2,209,000 2,123,000 4,325,000 4,433,000
Subscription and Circulation [Member]        
Revenue        
Revenues 1,356,000 1,424,000 2,719,000 2,873,000
Advertising Service Fees and Other [Member]        
Revenue        
Revenues 659,000 695,000 1,261,000 1,333,000
License and Maintenance [Member]        
Revenue        
Revenues 3,981,000 3,882,000 8,331,000 7,848,000
Consulting Fees [Member]        
Revenue        
Revenues 212,000 1,310,000 1,207,000 2,158,000
Service, Other [Member]        
Revenue        
Revenues $ 921,000 $ 845,000 $ 1,747,000 $ 1,624,000