XML 30 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Note 10 - Operating Segments - Summarized Financial Information for Reportable Segments (Details) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2020
Mar. 31, 2019
Sep. 30, 2019
Revenue from Contract with Customer, Including Assessed Tax $ 12,356,000   $ 10,712,000   $ 24,033,000 $ 21,140,000  
Operating expenses 13,454,000 [1]   13,383,000   26,649,000 [1] 26,332,000  
Income (loss) from operations (1,098,000)   (2,671,000)   (2,616,000) (5,192,000)  
Dividends and interest income 1,297,000   1,141,000   2,977,000 2,671,000  
Other income   9,000   3,000 19,000  
Net unrealized (losses) gains on investments (77,211,000)   8,497,000   (57,680,000) (20,143,000)  
Pretax income (loss) (77,186,000)   6,735,000   (57,696,000) (23,115,000)  
Income tax (expense) benefit 20,860,000   (1,717,000)   15,580,000 6,600,000  
Net income (loss) (56,326,000) $ 14,210,000 5,018,000 $ (21,533,000) (42,116,000) (16,515,000)  
Total assets 174,735,000   243,463,000   174,735,000 243,463,000 $ 237,376,000
Capital expenditures 71,000     168,000 84,000  
Net unrealized losses on investments (77,211,000)   8,497,000   (57,680,000) (20,143,000)  
(Loss) income before income taxes (77,186,000)   6,735,000   (57,696,000) (23,115,000)  
Net (loss) income (56,326,000) $ 14,210,000 5,018,000 $ (21,533,000) (42,116,000) (16,515,000)  
Real Estate Bank Loan Secured by Logan Office [Member]              
Interest expense on debt (21,000)   (22,000)   (43,000) (45,000)  
Margin Account [Member]              
Interest expense on debt (153,000)   (219,000)   (337,000) (425,000)  
Advertising [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,992,000   2,108,000   4,118,000 4,300,000  
Subscription and Circulation [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,286,000   1,273,000   2,598,000 2,611,000  
Advertising Service Fees and Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax 654,000   624,000   1,348,000 1,293,000  
License and Maintenance [Member]              
Revenue from Contract with Customer, Including Assessed Tax 5,505,000   4,640,000   10,715,000 9,430,000  
Consulting Fees [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,229,000   399,000   1,918,000 940,000  
Service, Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,690,000   1,668,000   3,336,000 2,566,000  
Traditional Business [Member]              
Revenue from Contract with Customer, Including Assessed Tax 3,932,000   4,005,000   8,064,000 8,204,000  
Journal Technologies [Member]              
Revenue from Contract with Customer, Including Assessed Tax 8,424,000   6,707,000   15,969,000 12,936,000  
Operating Segments [Member] | Traditional Business [Member]              
Operating expenses 3,908,000   4,140,000   7,906,000 8,348,000  
Income (loss) from operations 24,000   (135,000)   158,000 (144,000)  
Dividends and interest income      
Other income        
Net unrealized (losses) gains on investments      
Pretax income (loss) 3,000   (157,000)   115,000 (189,000)  
Income tax (expense) benefit   35,000   (30,000) 115,000  
Net income (loss) 3,000   (122,000)   85,000 (74,000)  
Total assets 16,074,000   17,399,000   16,074,000 17,399,000  
Capital expenditures 64,000     99,000 50,000  
Net unrealized losses on investments      
(Loss) income before income taxes 3,000   (157,000)   115,000 (189,000)  
Net (loss) income 3,000   (122,000)   85,000 (74,000)  
Operating Segments [Member] | Traditional Business [Member] | Real Estate Bank Loan Secured by Logan Office [Member]              
Interest expense on debt (21,000)   (22,000)   (43,000) (45,000)  
Operating Segments [Member] | Traditional Business [Member] | Margin Account [Member]              
Interest expense on debt      
Operating Segments [Member] | Traditional Business [Member] | Advertising [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,992,000   2,108,000   4,118,000 4,300,000  
Operating Segments [Member] | Traditional Business [Member] | Subscription and Circulation [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,286,000   1,273,000   2,598,000 2,611,000  
Operating Segments [Member] | Traditional Business [Member] | Advertising Service Fees and Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax 654,000   624,000   1,348,000 1,293,000  
Operating Segments [Member] | Traditional Business [Member] | License and Maintenance [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Traditional Business [Member] | Consulting Fees [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Traditional Business [Member] | Service, Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Journal Technologies [Member]              
Operating expenses 9,546,000 [1]   9,243,000   18,743,000 [1] 17,984,000  
Income (loss) from operations (1,122,000)   (2,536,000)   (2,774,000) (5,048,000)  
Dividends and interest income      
Other income        
Net unrealized (losses) gains on investments      
Pretax income (loss) (1,122,000)   (2,536,000)   (2,774,000) (5,048,000)  
Income tax (expense) benefit 415,000   715,000   925,000 1,300,000  
Net income (loss) (707,000)   (1,821,000)   (1,849,000) (3,748,000)  
Total assets 19,578,000   31,710,000   19,578,000 31,710,000  
Capital expenditures 7,000     69,000 34,000  
Net unrealized losses on investments      
(Loss) income before income taxes (1,122,000)   (2,536,000)   (2,774,000) (5,048,000)  
Net (loss) income (707,000)   (1,821,000)   (1,849,000) (3,748,000)  
Operating Segments [Member] | Journal Technologies [Member] | Real Estate Bank Loan Secured by Logan Office [Member]              
Interest expense on debt      
Operating Segments [Member] | Journal Technologies [Member] | Margin Account [Member]              
Interest expense on debt      
Operating Segments [Member] | Journal Technologies [Member] | Advertising [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Journal Technologies [Member] | Subscription and Circulation [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Journal Technologies [Member] | Advertising Service Fees and Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Operating Segments [Member] | Journal Technologies [Member] | License and Maintenance [Member]              
Revenue from Contract with Customer, Including Assessed Tax 5,505,000   4,640,000   10,715,000 9,430,000  
Operating Segments [Member] | Journal Technologies [Member] | Consulting Fees [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,229,000   399,000   1,918,000 940,000  
Operating Segments [Member] | Journal Technologies [Member] | Service, Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax 1,690,000   1,668,000   3,336,000 2,566,000  
Corporate, Non-Segment [Member]              
Operating expenses      
Income (loss) from operations      
Dividends and interest income 1,297,000   1,141,000   2,977,000 2,671,000  
Other income     9,000   3,000 19,000  
Net unrealized (losses) gains on investments (77,211,000)   8,497,000   (57,680,000) (20,143,000)  
Pretax income (loss) (76,067,000)   9,428,000   (55,037,000) (17,878,000)  
Income tax (expense) benefit 20,445,000   (2,467,000)   14,685,000 5,185,000  
Net income (loss) (55,622,000)   6,961,000   (40,352,000) (12,693,000)  
Total assets 139,083,000   194,354,000   139,083,000 194,354,000  
Capital expenditures      
Net unrealized losses on investments (77,211,000)   8,497,000   (57,680,000) (20,143,000)  
(Loss) income before income taxes (76,067,000)   9,428,000   (55,037,000) (17,878,000)  
Net (loss) income (55,622,000)   6,961,000   (40,352,000) (12,693,000)  
Corporate, Non-Segment [Member] | Real Estate Bank Loan Secured by Logan Office [Member]              
Interest expense on debt      
Corporate, Non-Segment [Member] | Margin Account [Member]              
Interest expense on debt (153,000)   (219,000)   (337,000) (425,000)  
Corporate, Non-Segment [Member] | Advertising [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Corporate, Non-Segment [Member] | Subscription and Circulation [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Corporate, Non-Segment [Member] | Advertising Service Fees and Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Corporate, Non-Segment [Member] | License and Maintenance [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Corporate, Non-Segment [Member] | Consulting Fees [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
Corporate, Non-Segment [Member] | Service, Other [Member]              
Revenue from Contract with Customer, Including Assessed Tax      
[1] included goodwill impairment of $13,400,000