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Investment in Affiliate
12 Months Ended
Sep. 30, 2013
Investment in Affiliate [Abstract]  
Investment in Affiliate

9.

Investment in Affiliate

On April 15, 2013, the Company executed a Subscription Agreement for the purchase of 4,800 Class A Units of BDFD, representing a 48% non-controlling voting membership interest in BDFD, for the aggregate subscription price of $750,000.  The subscription price was payable in two equal installments, the first $375,000 installment was paid on the date of execution of the Subscription Agreement, and the remaining $375,000 installment was paid in December 2013.

The Company accounts for this investment using the equity method. Thus, during fiscal 2013, the Company recorded its portion of the investment in BDFD of $375,000. For the twelve months ending September 30, 2013 the Company recorded a net loss of $102,000 for its share of the joint venture's operating results.  The carrying value at September 30, 2013 was $273,000, which is represented as Investment in Affiliate in the accompanying condensed consolidated balance sheets.