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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Revenue        
Revenues $ 10,712,000 $ 9,338,000 $ 21,140,000 $ 19,590,000
Costs and expenses        
Salaries and employee benefits 8,791,000 8,555,000 17,446,000 16,752,000
Outside services 1,244,000 1,238,000 2,402,000 2,489,000
Postage and delivery expenses 205,000 216,000 409,000 433,000
Newsprint and printing expenses 186,000 191,000 362,000 403,000
Depreciation and amortization 150,000 899,000 303,000 2,117,000
Equipment maintenance and software 410,000 401,000 753,000 688,000
Credit card merchant discount fees 375,000 261,000 645,000 503,000
Rent expenses 257,000 250,000 515,000 487,000
Accounting and legal fees 396,000 187,000 799,000 558,000
Other general and administrative expenses 1,369,000 1,513,000 2,698,000 2,978,000
Total operating expenses 13,383,000 13,711,000 26,332,000 27,408,000
Loss from operations (2,671,000) (4,373,000) (5,192,000) (7,818,000)
Other income (expense)        
Dividends and interest income 1,141,000 1,024,000 2,671,000 2,507,000
Gain on sale of bonds 3,180,000 3,180,000
Other income and capital gains 9,000 10,000 19,000 21,000
Unrealized Gain (Loss) on Investments, Total 8,497,000 (20,143,000)
Income (loss) before income taxes 6,735,000 (332,000) (23,115,000) (2,443,000)
(Provision for) benefit from income taxes (1,717,000) 100,000 6,600,000 16,950,000
Net income (loss) $ 5,018,000 $ (232,000) $ (16,515,000) $ 14,507,000
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 income (loss) per share (in dollars per share) $ 3.63 $ (0.17) $ (11.96) $ 10.51
Gains on sales of bonds     $ 3,180,000
Net unrealized losses on investments $ 8,497,000 (20,143,000)
Income (loss) before income taxes $ 6,735,000 $ (332,000) $ (23,115,000) $ (2,443,000)
Basic and diluted net income (loss) per share (in dollars per share) $ 3.63 $ (0.17) $ (11.96) $ 10.51
Comprehensive income (loss)        
Net (loss) income $ 5,018,000 $ (232,000) $ (16,515,000) $ 14,507,000
Net decrease in unrealized appreciation of marketable securities (net of taxes) (13,861,000) (1,743,000)
Total comprehensive income 5,018,000 (14,093,000) (16,515,000) 12,764,000
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Interest expense on debt (22,000) (24,000) (45,000) (48,000)
Margin Account [Member]        
Other income (expense)        
Interest expense on debt (219,000) (149,000) (425,000) (285,000)
Advertising [Member]        
Revenue        
Revenues 2,108,000 2,209,000 4,300,000 4,325,000
Subscription and Circulation [Member]        
Revenue        
Revenues 1,273,000 1,356,000 2,611,000 2,719,000
Advertising Service Fees and Other [Member]        
Revenue        
Revenues 624,000 659,000 1,293,000 1,261,000
License and Maintenance [Member]        
Revenue        
Revenues 4,640,000 3,981,000 9,430,000 8,331,000
Consulting Fees [Member]        
Revenue        
Revenues 399,000 212,000 940,000 1,207,000
Service, Other [Member]        
Revenue        
Revenues $ 1,668,000 $ 921,000 $ 2,566,000 $ 1,747,000