Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements

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Fair Value Measurements
9 Months Ended
Jun. 30, 2014
Fair Value Measurements [Abstract]  
Fair Value Measurements
Note 3.   Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  A three level fair value hierarchy is used to prioritize the inputs used in valuations, as defined below:

Level 1:                      Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets.

Level 2:                      Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3:                      Unobservable inputs for the asset or liability.

The fair values of the Company’s assets and liabilities measured on a recurring basis are categorized as follows:

   
June 30, 2014
   
September 30, 2013
 
   
Level 1
   
Level 2
   
Level 3
   
Total
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Assets:
                                               
Derivatives (1)
    -     $ 2,230       -     $ 2,230       -     $ 3,736       -     $ 3,736  
Trading
  securities
  $ 19,279       -       -       19,279     $ 17,929       -       -     $ 17,929  
Total assets at
  fair value
  $ 19,279     $ 2,230       -     $ 21,509     $ 17,929     $ 3,736       -     $ 21,665  
                                                                 
Liabilities:
                                                               
Derivatives (1)
    -     $ 3,017       -     $ 3,017       -     $ 4,644       -     $ 4,644  
Total liabilities
  at fair value
    -     $ 3,017       -     $ 3,017       -     $ 4,644       -     $ 4,644  
                                                                 
(1) Interest rate swaps are valued based on observable market swap rates.