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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Revenues $ 12,874,000 $ 14,518,000 $ 36,907,000 $ 35,658,000
Costs and expenses        
Salaries and employee benefits 9,662,000 8,715,000 28,227,000 26,161,000
Outside services 586,000 444,000 2,600,000 2,846,000
Postage and delivery expenses 151,000 218,000 552,000 627,000
Newsprint and printing expenses 157,000 186,000 528,000 548,000
Depreciation and amortization 128,000 141,000 384,000 444,000
Equipment maintenance and software 276,000 380,000 1,102,000 1,133,000
Credit card merchant discount fees 244,000 367,000 1,014,000 1,012,000
Rent expenses 158,000 216,000 500,000 731,000
Accounting and legal fees 272,000 499,000 730,000 1,298,000
Other general and administrative expenses 647,000 2,228,000 3,293,000 4,926,000
Operating Expenses, Total 12,281,000 13,394,000 38,930,000 39,726,000
Income (loss) from operations 593,000 1,124,000 (2,023,000) (4,068,000)
Other income (expense)        
Dividends and interest income 1,596,000 1,368,000 4,573,000 4,039,000
Other income   10,000 3,000 29,000
Net unrealized (losses) gains on investments 16,489,000 3,214,000 (41,191,000) (16,929,000)
(Loss) income before income taxes 18,594,000 5,443,000 (39,102,000) (17,672,000)
(Provision) benefit for income taxes (4,320,000) (1,620,000) 11,260,000 4,980,000
Net (loss) income $ 14,274,000 $ 3,823,000 $ (27,842,000) $ (12,692,000)
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 per share (in dollars per share) $ 10.34 $ 2.77 $ (20.16) $ (9.19)
Comprehensive income $ 14,274,000 $ 3,823,000 $ (27,842,000) $ (12,692,000)
Real Estate Bank Loan Secured by Logan Office [Member]        
Other income (expense)        
Interest expense on debt (20,000) (22,000) (63,000) (67,000)
Margin Account [Member]        
Other income (expense)        
Interest expense on debt (64,000) (251,000) (401,000) (676,000)
Advertising [Member]        
Revenue        
Revenues 1,297,000 2,453,000 5,415,000 6,753,000
Subscription and Circulation [Member]        
Revenue        
Revenues 1,259,000 1,319,000 3,857,000 3,930,000
Advertising Service Fees and Other [Member]        
Revenue        
Revenues 575,000 735,000 1,923,000 2,028,000
License and Maintenance [Member]        
Revenue        
Revenues 5,531,000 5,814,000 16,246,000 15,244,000
Consulting Fees [Member]        
Revenue        
Revenues 3,147,000 2,627,000 5,065,000 3,567,000
Service, Other [Member]        
Revenue        
Revenues $ 1,065,000 $ 1,570,000 $ 4,401,000 $ 4,136,000