Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements

v2.4.0.6
Fair Value Measurements
 6 Months Ended
Mar. 31, 2012
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:

 
March 31, 2012
  
September 30, 2011
 
Level 1
  
Level 2
  
Level 3
  
Total
  
Level 1
  
Level 2
  
Level 3
  
Total
Assets:
                              
Trading
  securities
$15,676
  
-
  
-
  
$15,676
  
$13,426
  
-
  
-
  
$13,426
Total assets at
  fair value
$15,676
  
-
  
-
  
$15,676
  
$13,426
  
-
  
-
  
$13,426
                               
Liabilities:
                              
Derivatives (1)
-
  
$6,825
  
-
  
$6,825
  
-
  
$7,161
  
-
  
$7,161
Total liabilities
  at fair value
-
  
$6,825
  
-
  
$6,825
  
-
  
$7,161
  
-
  
$7,161
                               
(1) Interest rate swaps are valued based on observable market swap rates.