Document_And_Entity_Informatio
| Document And Entity Information | 9 Months Ended | |
| Jun. 30, 2014 | Aug. 13, 2014 | |
| Document and Entity Information [Abstract] | ' | ' |
| Entity Registrant Name | 'NATIONAL HOLDINGS CORP | ' |
| Document Type | '10-Q | ' |
| Current Fiscal Year End Date | '--09-30 | ' |
| Entity Common Stock, Shares Outstanding | ' | 123,246,888 |
| Amendment Flag | 'false | ' |
| Entity Central Index Key | '0001023844 | ' |
| Entity Current Reporting Status | 'Yes | ' |
| Entity Voluntary Filers | 'No | ' |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Well-known Seasoned Issuer | 'No | ' |
| Document Period End Date | 30-Jun-14 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Document Fiscal Period Focus | 'Q3 | ' |
Condensed_Consolidated_Stateme
| Condensed Consolidated Statements of Financial Condition (Unaudited) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| ASSETS | ' | ' |
| Cash | $23,624,000 | $19,985,000 |
| Restricted cash | 92,000 | 92,000 |
| Deposits with clearing organizations | 1,035,000 | 1,107,000 |
| Receivables from broker dealers and clearing organizations | 5,259,000 | 4,296,000 |
| Other receivables, net of allowance for doubtful accounts | 1,819,000 | 1,049,000 |
| Advances to registered representatives - net of allowance for doubtful accounts | 1,199,000 | 811,000 |
| Securities owned, at fair value | 1,167,000 | 467,000 |
| Prepaid expenes | 969,000 | 764,000 |
| Fixed assets, net of accumulated depreciation | 763,000 | 447,000 |
| Intangible assets, net | 8,941,000 | ' |
| Goodwill | 4,464,000 | ' |
| Other assets | 669,000 | 493,000 |
| Total Assets | 50,001,000 | 29,511,000 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ' | ' |
| Accounts payable, accrued expenses and other liabilities | 19,187,000 | 13,699,000 |
| Securities sold, but not yet purchased, at fair value | 227,000 | 15,000 |
| Total Liabilities | 19,414,000 | 13,714,000 |
| National Holdings Corporation Stockholders' Equity | ' | ' |
| Common stock, $.02 par value, 150,000,000 shares authorized; 123,246,888 shares issued and outstanding at June 30, 2014 and 100,580,203 shares issued and outstanding at September 30, 2013 | 2,465,000 | 2,012,000 |
| Additional paid-in capital | 77,013,000 | 67,982,000 |
| Accumulated deficit | -48,906,000 | -54,212,000 |
| Total National Holdings Corporation Stockholders' Equity | 30,572,000 | 15,782,000 |
| Non Controlling Interest | 15,000 | 15,000 |
| Total Stockholders' Equity | 30,587,000 | 15,797,000 |
| Total Liabilities and Stockholders' Equity | $50,001,000 | $29,511,000 |
Condensed_Consolidated_Stateme1
| Condensed Consolidated Statements of Financial Condition (Unaudited) (Parentheticals) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Common stock, par value (in Dollars per share) | $0.02 | $0.02 |
| Common stock, shares authorized | 150,000,000 | 150,000,000 |
| Common stock, shares issued | 123,246,888 | 100,580,203 |
| Common stock, shares outstanding | 123,246,888 | 100,580,203 |
Condensed_Consolidated_Stateme2
| Condensed Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
| Revenues | ' | ' | ' | ' |
| Commissions | $27,864,000 | $19,799,000 | $85,777,000 | $56,608,000 |
| Principal transactions | 3,977,000 | 3,649,000 | 13,119,000 | 10,561,000 |
| Investment banking fees | 5,273,000 | 4,105,000 | 14,473,000 | 8,494,000 |
| Interest and dividends | 906,000 | 880,000 | 2,723,000 | 2,930,000 |
| Transfer fees and clearing services | 2,105,000 | 1,810,000 | 6,873,000 | 5,850,000 |
| Investment advisory fees | 3,783,000 | 2,369,000 | 10,511,000 | 7,215,000 |
| Tax preparation and accounting fees | 2,557,000 | ' | 6,832,000 | ' |
| Other | 137,000 | 52,000 | 773,000 | 399,000 |
| Total Revenues | 46,602,000 | 32,664,000 | 141,081,000 | 92,057,000 |
| Operating Expenses | ' | ' | ' | ' |
| Commissions, compensation and fees | 38,475,000 | 27,955,000 | 115,003,000 | 78,605,000 |
| Clearing fees | 860,000 | 702,000 | 3,001,000 | 2,123,000 |
| Communications | 1,217,000 | 1,174,000 | 3,548,000 | 3,437,000 |
| Occupancy expenses | 1,064,000 | 504,000 | 3,090,000 | 1,619,000 |
| Professional fees | 1,071,000 | 503,000 | 3,169,000 | 1,728,000 |
| Depreciation and amortization | 615,000 | 258,000 | 1,771,000 | 796,000 |
| Interest | 6,000 | 10,000 | 29,000 | 240,000 |
| License and registration fees | 579,000 | 437,000 | 1,495,000 | 1,214,000 |
| Other admininstrative expenses | 1,304,000 | 316,000 | 4,398,000 | 818,000 |
| Total Operating Expenses | 45,191,000 | 31,859,000 | 135,504,000 | 90,580,000 |
| Income from operations | 1,411,000 | 805,000 | 5,577,000 | 1,477,000 |
| Other Expenses | ' | ' | ' | ' |
| Loss on investment in unaffiliated entity | ' | ' | ' | -162,000 |
| Total Other Expenses | ' | ' | ' | -162,000 |
| Income before Income Tax Expense | 1,411,000 | 805,000 | 5,577,000 | 1,315,000 |
| Income tax expense | 29,000 | ' | 271,000 | 60,000 |
| Net Income | 1,382,000 | 805,000 | 5,306,000 | 1,255,000 |
| Net loss attributable to noncontrolling interest | ' | ' | ' | 3,000 |
| Net Income attributable to common stockholders | $1,382,000 | $805,000 | $5,306,000 | $1,258,000 |
| Net Income attributable to common stockholders - Basic (in Dollars per share) | $0.01 | $0.01 | $0.04 | $0.02 |
| Net Income attributable to common stockholders - Diluted (in Dollars per share) | $0.01 | $0.01 | $0.04 | $0.02 |
| Weighted number of shares outstanding - Basic (in Shares) | 123,246,888 | 89,016,988 | 122,084,494 | 62,580,749 |
| Weighted number of shares outstanding - Diluted (in Shares) | 125,141,280 | 89,016,988 | 123,610,126 | 66,596,691 |
Condensed_Consolidated_Stateme3
| Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) (USD $) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Noncontrolling Interest [Member] | Total |
| Balance at Sep. 30, 2013 | $2,012,000 | $67,982,000 | ($54,212,000) | $15,000 | $15,797,000 |
| Balance (in Shares) at Sep. 30, 2013 | 100,580,203 | ' | ' | ' | ' |
| Issuance of shares of common stock pursuant to the acquisition of Gilman & Ciocia, Inc. | 453,000 | 8,387,000 | ' | ' | 8,840,000 |
| Issuance of shares of common stock pursuant to the acquisition of Gilman & Ciocia, Inc. (in Shares) | 22,666,685 | ' | ' | ' | ' |
| Stock based compensation | ' | 644,000 | ' | ' | 644,000 |
| Net income | ' | ' | 5,306,000 | ' | 5,306,000 |
| Balance at Jun. 30, 2014 | $2,465,000 | $77,013,000 | ($48,906,000) | $15,000 | $30,587,000 |
| Balance (in Shares) at Jun. 30, 2014 | 123,246,888 | ' | ' | ' | ' |
Condensed_Consolidated_Stateme4
| Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
| Jun. 30, 2014 | Jun. 30, 2013 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' |
| Net income | $5,306,000 | $1,258,000 |
| Adjustments to reconcile net income to net cash provided by operating activities | ' | ' |
| Depreciation and amortization | 1,771,000 | 796,000 |
| Amortization of forgivable loans to registered representatives | 166,000 | 212,000 |
| Stock-based compensation | 644,000 | ' |
| Provision for doubtful accounts | 553,000 | -96,000 |
| Non-controlling interest | ' | 3,000 |
| Changes in assets and liabilities, net of effects of acquisition | ' | ' |
| Deposits with clearing organizations | 344,000 | ' |
| Receivables from broker-dealers and clearing organizations | 859,000 | 33,000 |
| Other receivables | -1,064,000 | -598,000 |
| Advances to registered representatives | -14,000 | -178,000 |
| Securities owned, at fair value | -700,000 | -163,000 |
| Other assets | -176,000 | 14,000 |
| Prepaid expenses | 354,000 | ' |
| Accounts payable, accrued expenses and other liabilities | -740,000 | -8,000 |
| Securities sold, but not yet purchased, at fair value | 212,000 | 10,000 |
| Net cash provided by operating activities | 7,515,000 | 1,283,000 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ' | ' |
| Cash acquired in acquisition | 1,654,000 | ' |
| Purchase of fixed assets | -130,000 | -96,000 |
| Net cash provided by (used in) investing activities | 1,524,000 | -96,000 |
| CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' |
| Repayment of notes payable | ' | -2,800,000 |
| Proceeds from issuance of common stock | ' | 8,375,000 |
| Repayment of certain liabilities of acquired entity | -5,400,000 | ' |
| Net cash (used in) provided by financing activities | -5,400,000 | 5,575,000 |
| NET INCREASE IN CASH | 3,639,000 | 6,762,000 |
| CASH BALANCE | ' | ' |
| Beginning of the period | 19,985,000 | 7,934,000 |
| End of the period | 23,624,000 | 14,696,000 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ' | ' |
| Interest | 5,000 | 10,000 |
| Income taxes | 85,000 | ' |
| SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES | ' | ' |
| Tangible assets acquired, excluding cash | 3,933,000 | ' |
| Identifiable intangible assets acquired | 10,417,000 | ' |
| Goodwill | 4,464,000 | ' |
| Liabilities assumed | 11,628,000 | ' |
| Common stock issued | 8,840,000 | ' |
| Deemed distribution to noncontrolling interest | ' | 146,000 |
| Conversion of preferred stock to shares of common stock | ' | 6,156,000 |
| Common Stock to Liability [Member] | ' | ' |
| SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES | ' | ' |
| Conversion of debt | ' | 125,000 |
| Convertible Debt to Equity [Member] | ' | ' |
| SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES | ' | ' |
| Conversion of debt | ' | 5,000,000 |
| Warrants to Equity [Member] | ' | ' |
| SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES | ' | ' |
| Conversion of debt | ' | $259,000 |
Note_1_Basis_of_Presentation
| Note 1 - Basis of Presentation | 9 Months Ended |
| Jun. 30, 2014 | |
| Disclosure Text Block [Abstract] | ' |
| Business Description and Basis of Presentation [Text Block] | ' |
| NOTE 1. BASIS OF PRESENTATION | |
| The accompanying condensed consolidated financial statements of National Holdings Corporation, a Delaware corporation (“National” or the “Company”), have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial statements and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and disclosures required for annual financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The consolidated financial statements as of June 30, 2014 and for the nine months ended June 30, 2014 and 2013 are unaudited. The results of operations for the interim periods are not necessarily indicative of the results of operations for the respective fiscal years. The statement of financial condition at September 30, 2013 has been derived from the audited financial statements at that date, but does not include all of the information and notes required by GAAP for complete financial statement presentation. The accompanying consolidated financial information should be read in conjunction with the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2013 for additional disclosures and accounting policies. | |
| The consolidated financial statements include the accounts of National and its wholly-owned and majority owned subsidiaries. National, operates primarily through its wholly-owned subsidiaries, including National Securities Corporation (“National Securities” or “NSC”) and vFinance Investments, Inc. (“vFinance Investments”) (collectively, the “Broker-Dealer Subsidiaries”). As a result of the Merger with Gilman in October 2013 (See Note 8), the Company added Prime Capital Services, Inc. (“Prime”) to its portfolio of Broker Dealer Subsidiaries, however, in November 2013, National Securities and Prime received approval from the Financial Industry Regulatory Authority (“FINRA”) allowing for a mass transfer of Prime’s brokers and customer accounts to National Securities. This transfer was completed on November 22, 2013. This transfer was done to reduce overhead and consolidate the administrative and regulatory structures of the two entities. The Company filed a Broker Dealer withdrawal for Prime in January 2014.The Broker-Dealer Subsidiaries conduct a national securities brokerage business through their main offices in New York City, New York, Boca Raton, Florida, and Seattle, Washington. | |
| Certain items in the statement of operations for the fiscal 2013 periods have been reclassified to conform to the presentation in the fiscal 2014 periods. In addition, the statement of financial condition at September 30, 2013 is being presented on an unclassified basis, consistent with industry practice for registered broker-dealers in securities, which is the Company’s principal business. Such reclassifications did not have a material impact on the presentation of the overall financial statements. |
Note_2_Description_of_Business
| Note 2 - Description of Business | 9 Months Ended |
| Jun. 30, 2014 | |
| Disclosure Text Block [Abstract] | ' |
| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' |
| NOTE 2. DESCRIPTION OF BUSINESS | |
| Through its broker-dealer and registered investment advisory subsidiaries, the Company (1) offers full service retail brokerage to approximately 125,000 retail, high net worth individuals and institutional clients, (2) provides investment banking, merger, acquisition and advisory services to micro, small and mid-cap high growth companies, (3) engages in trading securities, including making markets in micro and small-cap, NASDAQ and other exchange listed stocks and (4) provides liquidity in the United States Treasury marketplace. The Broker-Dealer Subsidiaries are introducing brokers and clear all transactions through clearing organizations on a fully disclosed basis. The Broker-Dealer Subsidiaries are registered with the Securities and Exchange Commission ("SEC"), and are members of FINRA, the Securities Investor Protection Corporation ("SIPC") and the National Futures Association ("NFA"). | |
| The Company’s wholly-owned subsidiaries, National Asset Management, Inc., a Washington corporation ("NAM") and Asset and Financial Planning LTD, a New York corporation ("AFP"), which was acquired in the Gilman merger, are federally-registered investment advisers providing asset management advisory services to high net worth clients for a fee based upon a percentage of assets managed. All registered investment advisors and customer accounts of AFP were moved into NAM in May 2014 and AFP has ceased all operations. | |
| The Company’s wholly-owned subsidiaries, National Insurance Corporation, a Washington corporation ("National Insurance") and Prime Financial Services, a Delaware corporation, which was acquired in the Gilman merger, provide fixed insurance products to their clients, including life insurance, disability insurance, long term care insurance and fixed annuities. | |
| The Company’s wholly-owned subsidiary Gilman, a Delaware corporation which was acquired in October 2013, provides federal, state and local tax preparation services to individuals and accounting services to small and midsize companies. | |
| The Company’s wholly-owned subsidiary, GC Capital Corporation, a Washington corporation, ("GC") which was acquired in the Gilman merger, provides a licensed mortgage brokerage business in the State of Florida. |
Note_3_Receivables_from_Broker
| Note 3 - Receivables from Broker-Dealers and Clearing Organizations | 9 Months Ended |
| Jun. 30, 2014 | |
| Due to and from Broker-Dealers and Clearing Organizations [Abstract] | ' |
| Due to and from Broker-Dealers and Clearing Organizations Disclosure [Text Block] | ' |
| NOTE 3. RECEIVABLES FROM BROKER-DEALERS AND CLEARING ORGANIZATIONS | |
| At June 30, 2014 and September 30, 2013, respectively, the receivables of $5,259,000 and $4,296,000 from broker-dealers and clearing organizations represent net amounts due for fees and commissions. |
Note_4_Other_Receivables
| Note 4 - Other Receivables | 9 Months Ended |
| Jun. 30, 2014 | |
| Receivables [Abstract] | ' |
| Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' |
| NOTE 4. OTHER RECEIVABLES | |
| At June 30, 2014 and September 30, 2013 respectively, the Company had other receivables of $1,819,000 and $1,049,000, net of allowance for uncollectable accounts of $320,000 and $13,000, primarily from underwriting and management fees from investment banking transactions that the Company recently participated in, and for tax preparation and accounting fees for tax and accounting services rendered during the previous fiscal quarters. |
Note_5_Advances_to_Registered_
| Note 5 - Advances to Registered Representatives | 9 Months Ended | ||||
| Jun. 30, 2014 | |||||
| Investments in and Advances to Affiliates, Schedule of Investments [Abstract] | ' | ||||
| Investments in and Advances to Affiliates, Schedule of Investments [Text Block] | ' | ||||
| NOTE 5. ADVANCES TO REGISTERED REPRESENTATIVES | |||||
| Advances are given to certain registered representatives as an incentive for their affiliation with the Broker-Dealer Subsidiaries. The representative signs an independent contractor agreement with the Broker-Dealer Subsidiaries for a specified term, typically a three-year period. The advance is then amortized on a straight-line basis or based on a percentage of production over the life of the registered representative’s agreement with the Broker-Dealer Subsidiaries, and is included in commission expense in the accompanying consolidated statements of operations. In the event a representative’s affiliation terminates prior to the fulfillment of their contract, the representative is required to repay the unamortized balance. At June 30, 2014 and September 30, 2013 there was approximately $232,000 and $13,000, respectively, of allowance for uncollectable amounts associated with these receivables. | |||||
| An analysis of advances to registered representatives for the nine months ended June 30, 2014 is as follows: | |||||
| Advances to | |||||
| Registered | |||||
| Representative | |||||
| Balance, October 1, 2013 | $ | 811,000 | |||
| Advances | 1,109,000 | ||||
| Amortization or repayment of advances | (489,000 | ) | |||
| Provision for doubtful accounts | (232,000 | ) | |||
| Balance, June 30, 2014 | 1,199,000 | ||||
| There were no unamortized advances outstanding attributable to registered representatives who ended their affiliation with Broker-Dealer Subsidiaries prior to the fulfillment of their obligation. | |||||
Note_6_Securities_Owned_and_Se
| Note 6 - Securities Owned and Securities Sold, But Not Yet Purchased at Fair Value | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Investment Holdings [Abstract] | ' | ||||||||||||||||
| Investment Holdings [Text Block] | ' | ||||||||||||||||
| NOTE 6. SECURITIES OWNED AND SECURITIES SOLD, BUT NOT YET PURCHASED AT FAIR VALUE | |||||||||||||||||
| Accounting guidance defines fair value 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. Additionally, it requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: | |||||||||||||||||
| Level 1: | Observable inputs such as quoted market prices in active markets for identical assets or liabilities | ||||||||||||||||
| Level 2: | Observable market-based inputs or unobservable inputs that are corroborated by market data | ||||||||||||||||
| Level 3: | Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. | ||||||||||||||||
| The following tables show the fair values of securities owned by the Broker-Dealer Subsidiaries, and securities sold but not yet purchased by such entities, as of June 30, 2014 and September 30, 2013: | |||||||||||||||||
| Fair Value Measurements | |||||||||||||||||
| As of June 30, 2014 | |||||||||||||||||
| Securities owned at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 216,000 | - | - | $ | 216,000 | |||||||||||
| Mutual funds | 62,000 | - | - | 62,000 | |||||||||||||
| Fixed income securities | 657,000 | 138,000 | - | 795,000 | |||||||||||||
| Restricted stock and warrants | - | 94,000 | - | 94,000 | |||||||||||||
| $ | 935,000 | $ | 232,000 | $ | - | $ | 1,167,000 | ||||||||||
| Securities sold, but not yet purchased at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 227,000 | - | - | $ | 227,000 | |||||||||||
| $ | 227,000 | $ | - | $ | - | $ | 227,000 | ||||||||||
| As of September 30, 2013 | |||||||||||||||||
| Securities owned at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 428,000 | - | - | $ | 428,000 | |||||||||||
| Restricted stock and warrants | - | 39,000 | - | 39,000 | |||||||||||||
| $ | 428,000 | $ | 39,000 | $ | - | $ | 467,000 | ||||||||||
| Securities sold, but not yet purchased at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 15,000 | - | - | $ | 15,000 | |||||||||||
| $ | 15,000 | $ | - | $ | - | $ | 15,000 | ||||||||||
Note_7_Fixed_Assets
| Note 7 - Fixed Assets | 9 Months Ended | ||||||||||||
| Jun. 30, 2014 | |||||||||||||
| Property, Plant and Equipment [Abstract] | ' | ||||||||||||
| Property, Plant and Equipment Disclosure [Text Block] | ' | ||||||||||||
| NOTE 7. FIXED ASSETS | |||||||||||||
| Fixed assets as of June 30, 2014 and September 30, 2013, respectively, consist of the following: | |||||||||||||
| June 30, | September 30, | ||||||||||||
| 2014 | 2013 | Estimated Useful | |||||||||||
| Lives | |||||||||||||
| Equipment (years) | $ | 2,764,000 | $ | 2,668,000 | 5 | ||||||||
| Furniture and fixtures (years) | 572,000 | 532,000 | 5 | ||||||||||
| Leasehold improvements | 1,422,000 | 1,074,000 | Lesser of useful life | ||||||||||
| or term of lease | |||||||||||||
| Capital Leases (Primarily composed of Computer Equipment) (years) | 2,638,000 | 2,510,000 | 5 | ||||||||||
| 7,396,000 | 6,784,000 | ||||||||||||
| Less accumulated depreciation and amortization | (6,633,000 | ) | (6,337,000 | ) | |||||||||
| Fixed assets - net | $ | 763,000 | $ | 447,000 | |||||||||
| Depreciation expense for the nine months ended June 30, 2014 and 2013 was $295,000 and $330,000, respectively. | |||||||||||||
Note_8_Business_Combination
| Note 8 - Business Combination | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Business Combinations [Abstract] | ' | ||||||||||||||||
| Business Combination Disclosure [Text Block] | ' | ||||||||||||||||
| NOTE 8 - BUSINESS COMBINATION | |||||||||||||||||
| On October 15, 2013, the Company completed a merger with Gilman Ciocia, Inc., a Delaware corporation (“Gilman”) pursuant to the terms and conditions of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of June 20, 2013, by and among the Company, National Acquisition Corp., a Delaware corporation and the Company’s wholly-owned subsidiary (“Merger Sub”), and Gilman. Pursuant to the Merger Agreement, Merger Sub was merged with and into Gilman, with Gilman surviving the merger and becoming a wholly-owned subsidiary of the Company. Gilman provides federal, state and local tax preparation services to individuals predominantly in upper and middle income tax brackets and accounting services to small and middle size companies. In addition, through wholly owned subsidiaries, Gilman is engaged in broker-dealer, investment advisory, insurance product sales and mortgage brokerage activities. | |||||||||||||||||
| Pursuant to the Merger Agreement, the Company issued to Gilman’s stockholders approximately 22,666,685 shares of its common stock valued at $8,840,000 determined based on the closing market price of the Company’s common stock on the acquisition date, and became the owner of 100% of the outstanding shares of Gilman’s common stock. Additionally, the Company financed repayment of $5,400,000 of Gilman’s liabilities through a capital contribution to Gilman. In August 2013, the Company issued 10,583,330 shares of its common stock pursuant to a private placement which generated net proceeds of $3,016,000 to partially finance the cash consideration of $5,400,000. | |||||||||||||||||
| The purchase price was allocated to the assets acquired and liabilities assumed based on their estimated fair values as follows: | |||||||||||||||||
| Assets | |||||||||||||||||
| Current assets | $ | 4,833,000 | |||||||||||||||
| Fixed assets | 482,000 | ||||||||||||||||
| Other assets | 272,000 | ||||||||||||||||
| Intangible assets (amortizable) | 10,417,000 | ||||||||||||||||
| Goodwill | 4,464,000 | ||||||||||||||||
| 20,468,000 | |||||||||||||||||
| Liabilities | |||||||||||||||||
| Current liabilities | 6,000,000 | ||||||||||||||||
| Long-term liabilities | 5,628,000 | ||||||||||||||||
| 11,628,000 | |||||||||||||||||
| Total purchase price | $ | 8,840,000 | |||||||||||||||
| The aforementioned allocation is preliminary and the Company is still evaluating the allocation of the purchase price among certain intangible assets and goodwill. The Company anticipates that it will complete its analysis of the allocation of the purchase price among such assets in the fourth quarter of fiscal 2014 and that the final allocation may vary from the preliminary allocation. The goodwill recognized, none of which is expected to be deductible for income tax purposes, is attributable to the assembled workforce of Gilman and to expected synergies and other benefits that the Company believes will result from combining its operations with Gilman’s. The intangible assets recognized are primarily attributable to expected increased margins that the Company believes will result from Gilman’s existing customer relationships and increased margins from financial planning and tax preparation services that the Company will offer to its existing clients. | |||||||||||||||||
| The following table presents the intangible assets subject to amortization and the carrying amount as of June 30, 2014 and the respective estimated useful lives: | |||||||||||||||||
| Preliminary | Accumulated | Carrying | Estimated | ||||||||||||||
| Intangible asset | Fair Value | Amortization | Value | Useful Life (years) | |||||||||||||
| Customer Relationships | $ | 8,334,000 | $ | (1,179,000 | ) | $ | 7,155,000 | 5 | |||||||||
| Brand | 2,083,000 | (297,000 | ) | 1,786,000 | 5 | ||||||||||||
| $ | 10,417,000 | $ | (1,476,000 | ) | $ | 8,941,000 | |||||||||||
| The estimated future amortization expense of the above intangible assets for the next five fiscal years and thereafter is as follows: | |||||||||||||||||
| Year ended | |||||||||||||||||
| September 30, | |||||||||||||||||
| 2014 | $ | 175,000 | |||||||||||||||
| 2015 | 2,083,000 | ||||||||||||||||
| 2016 | 2,083,000 | ||||||||||||||||
| 2017 | 2,083,000 | ||||||||||||||||
| 2018 | 2,083,000 | ||||||||||||||||
| 2019 | 434,000 | ||||||||||||||||
| Total | $ | 8,941,000 | |||||||||||||||
| Gilman’s results of operations are included in the accompanying consolidated financial statements from October 15, 2013, the date of acquisition. The following unaudited pro forma consolidated results of operations have been prepared as if the acquisition occurred at October 1, 2012: | |||||||||||||||||
| (Unaudited) | (Unaudited) | ||||||||||||||||
| Three Month Period Ended June 30, | Nine Month Period Ended June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Revenues | $ | 46,602,000 | $ | 42,628,000 | $ | 143,149,000 | $ | 121,132,000 | |||||||||
| Net Income atributable to common stockholders | $ | 1,382,000 | $ | 691,000 | $ | 4,951,000 | $ | 1,026,750 | |||||||||
| Basic earnings per share | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.01 | |||||||||
| Diluted earnings per share | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.01 | |||||||||
| Weighted number of shares outstanding - basic | 123,246,888 | 122,268,028 | 123,343,755 | 95,831,779 | |||||||||||||
| Weighted number of shares outstanding - diluted | 125,141,280 | 122,268,028 | 124,869,387 | 99,847,721 | |||||||||||||
| These pro forma amounts have been calculated after applying the Company’s accounting policies and adjusting the results to reflect, among other things, 1) additional amortization that would have been charged assuming the fair value adjustments to amortizable intangible assets had been applied, 2) additional compensation related to the grant of 1,750,000 stock options to certain employees of Gilman, 3) the shares issued by the Company to acquire Gilman and to partially fund the $5,400,000 of cash consideration used to finance the repayment of Gilman’s liabilities, and 4) the decrease in interest expense related to Gilman’s liabilities paid by the Company. These pro forma results of operations have been prepared for comparative purposes only, and they do not purport to be indicative of the results of operations that actually would have been resulted had the acquisition occurred on the date indicated or that may result in the future. | |||||||||||||||||
| Acquisition related costs incurred by the Company amounted to $86,000 in the nine months ended June 30, 2014 and were changed to professional fees. | |||||||||||||||||
| The amount of revenues and income of Gilman since the acquisition date included in the accompanying consolidated statement of operations for the three and nine months ended June 30, 2014 are as follows: | |||||||||||||||||
| Three Month | Nine Month | ||||||||||||||||
| Period | Period | ||||||||||||||||
| Ended | Ended | ||||||||||||||||
| 30-Jun-14 | 30-Jun-14 | ||||||||||||||||
| Revenues | $ | 10,456,000 | $ | 28,493,000 | |||||||||||||
| Net income attributable to common stockholders | $ | 986,000 | $ | 1,935,000 | |||||||||||||
Note_9_Accounts_Payable_Accrue
| Note 9 - Accounts Payable, Accrued Expenses and Other Liabilities | 9 Months Ended | ||||||||
| Jun. 30, 2014 | |||||||||
| Payables and Accruals [Abstract] | ' | ||||||||
| Accounts Payable and Accrued Liabilities Disclosure [Text Block] | ' | ||||||||
| NOTE 9. ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LIABILITIES | |||||||||
| Accounts payable, accrued expenses and other liabilities consist of the following: | |||||||||
| June 30, | September 30, | ||||||||
| 2014 | 2013 | ||||||||
| Commissions payable | $ | 12,600,000 | $ | 9,141,000 | |||||
| Accounts payable | 3,567,000 | 2,439,000 | |||||||
| Deferred clearing fee credits | 65,000 | 138,000 | |||||||
| Telecommunications vendors payable | 218,000 | 166,000 | |||||||
| Legal expenses payable | 1,067,000 | 584,000 | |||||||
| Deferred rent payable | 195,000 | 220,000 | |||||||
| Accrued compensation | 1,082,000 | 195,000 | |||||||
| Settlements | 237,000 | 223,000 | |||||||
| Capital lease liability | 84,000 | 108,000 | |||||||
| Regulatory fees | 72,000 | 485,000 | |||||||
| Total | $ | 19,187,000 | $ | 13,699,000 | |||||
Note_10_Per_Share_Data
| Note 10 - Per Share Data | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Earnings Per Share [Abstract] | ' | ||||||||||||||||
| Earnings Per Share [Text Block] | ' | ||||||||||||||||
| NOTE 10. PER SHARE DATA | |||||||||||||||||
| Net Income per Common Share | |||||||||||||||||
| Basic net income per share is computed on the basis of the weighted average number of shares of common stock outstanding. Diluted net income per share is computed on the basis of the weighted average number of shares of common stock outstanding plus the dilutive effect of incremental shares of common stock potentially issuable under outstanding options, warrants and unvested restricted stock units utilizing the treasury stock method, and, for 2013, the dilutive effect of convertible preferred securities utilizing the if-converted method. | |||||||||||||||||
| Three Month Period Ended | Nine Month Period Ended | ||||||||||||||||
| June 30, | June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Numerator: | |||||||||||||||||
| Net income attributable to common stockholders | $ | 1,382,000 | $ | 805,000 | $ | 5,306,000 | $ | 1,258,000 | |||||||||
| Denominator: | |||||||||||||||||
| Denominator for basic earnings per share--weighted average shares | 123,246,888 | 89,016,988 | 122,084,494 | 62,580,749 | |||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Options | 600,000 | - | 282,000 | - | |||||||||||||
| Warrants | 50,760 | - | - | - | |||||||||||||
| Preferred Series C & D | - | - | - | 4,015,942 | |||||||||||||
| Restricted stock units - unvested | 1,243,632 | - | 1,243,632 | - | |||||||||||||
| Denominator for diluted earnings per share--adjusted weighted-average shares | 125,141,280 | 89,016,988 | 123,610,126 | 66,596,691 | |||||||||||||
| Income per share: | |||||||||||||||||
| Net income available to common stockholders | |||||||||||||||||
| Basic | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.02 | |||||||||
| Diluted | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.02 | |||||||||
| The weighted-average anti-dilutive common share equivalents not included in the above diluted computation are as follows: | |||||||||||||||||
| Three Month Period Ended June 30, | Nine Month Period Ended June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Options | 11,700,000 | 1,000,000 | 12,018,000 | 1,000,000 | |||||||||||||
| Warrants | 845,995 | 1,146,755 | 912,367 | 1,146,755 | |||||||||||||
| 12,545,995 | 2,146,755 | 12,930,367 | 2,146,755 | ||||||||||||||
| The anti-dilutive common shares outstanding at June 30, 2014 and 2013 are as follows: | |||||||||||||||||
| June 30, | |||||||||||||||||
| 2014 | 2013 | ||||||||||||||||
| Options | 12,300,000 | 1,000,000 | |||||||||||||||
| Warrants | 896,755 | 1,146,755 | |||||||||||||||
| 13,196,755 | 2,146,755 | ||||||||||||||||
Note_11_Off_Balance_Sheet_Risk
| Note 11 - Off Balance Sheet Risk and Concentration of Credit Risk | 9 Months Ended |
| Jun. 30, 2014 | |
| Risks and Uncertainties [Abstract] | ' |
| Concentration Risk Disclosure [Text Block] | ' |
| NOTE 11. OFF BALANCE SHEET RISK AND CONCENTRATION OF CREDIT RISK | |
| Entering into Short Positions | |
| A short sale involves the sale of a security that is not owned in the expectation of purchasing the same security (or a security exchangeable into the same security) at a later date at a lower price. A short sale involves the risk of a theoretically unlimited increase in the market price of the security that would result in a theoretically unlimited loss, although this potential loss is mitigated in the case of debt securities by the nature of such securities. | |
| Concentrations of Credit Risk | |
| The Company is engaged in trading and providing a broad range of securities brokerage and investment services to a diverse group of retail and institutional clientele, as well as corporate finance and investment banking services to corporations and businesses. Counterparties to the Company’s business activities include broker-dealers and clearing organizations, banks and other financial institutions. The Company primarily uses clearing brokers to process transactions and maintain customer accounts on a fee basis for the Company. The Company uses three clearing brokers for substantially all of its business. The Company permits the clearing firms to extend credit to its clientele secured by cash and securities in the client’s account. The Company’s exposure to credit risk associated with the non-performance by its customers and counterparties in fulfilling their contractual obligations can be directly impacted by volatile or illiquid trading markets, which may impair the ability of customers and counterparties to satisfy their obligations to the Company. The Company has agreed to indemnify the clearing brokers for losses they incur while extending credit to the Company’s clients. It is the Company’s policy to review, as necessary, the credit standing of its customers and counterparties. Amounts due from customers that are considered uncollectible by the clearing broker are charged back to the Company by the clearing broker when such amounts become determinable. Upon notification of a charge back, such amounts, in total or in part, are then either (i) collected from the customers, (ii) charged to the broker initiating the transaction and included in other receivables in the accompanying consolidated statements of financial condition, and/or (iii) charged as an expense in the accompanying consolidated statements of operations, based on the particular facts and circumstances. | |
| The Company maintains cash with major financial institutions. All accounts are insured up to $250,000 in aggregate, by company and by financial institution. To reduce its risk associated with the failure of such financial institutions, the Company periodically evaluates the credit quality of the counterparties in which it holds deposits. As a result of this evaluation, the Company believes it is not exposed to any significant credit risks for cash. |
Note_12_Accounting_Guidance
| Note 12 - Accounting Guidance | 9 Months Ended |
| Jun. 30, 2014 | |
| New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | ' |
| New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | ' |
| NOTE 12. ACCOUTING GUIDANCE | |
| Recent Accounting Guidance Not Yet Adopted | |
| In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, which changes the requirements for reporting discontinued operations. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has, or will have, a major effect on an entity's operations and financial results. ASU 2014-08, which is to be applied prospectively to all new disposals of components and new classifications as held for sale, will become effective in annual periods beginning on or after December 15, 2014 and interim periods within those annual periods with early adaption allowed. We do not anticipate that the adoption of ASU 2014-08 will have a material impact on its results of operations, financial condition, or cash flows. | |
| In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which completes the joint effort by the FASB and the International Accounting Standards Board to improve financial reporting by creating common revenue recognition guidance for GAAP and the International Financial Reporting Standards. ASU 2014-09 will become effective for the Company beginning October 1, 2017 and early adoption is not permitted. We are currently evaluating the potential impact of ASU 2014-09 on the Company’s consolidated financial statements. | |
| In June 2014, the FASB issued ASU 2014-12, Compensation—Stock Compensation (Topic 718), which requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 will become effective for the Company beginning October 1, 2016 and early adoption is permitted. We do not anticipate that the adoption of ASU 2014-08 will have a material impact on its results of operations, financial condition, or cash flows. |
Note_13_Clearing_Agreements
| Note 13 - Clearing Agreements | 9 Months Ended |
| Jun. 30, 2014 | |
| Clearing Agreements [Abstract] | ' |
| Clearing Agreements [Text Block] | ' |
| NOTE 13. CLEARING AGREEMENTS | |
| NSC and vFinance Investments have separate but coterminous clearing agreements with NFS. Both broker-dealer subsidiaries signed amendments in May 2014, which terminate in May 2021. The clearing agreement includes a termination fee if either broker dealer terminates the agreement without cause. Each of NSC and vFinance Investments currently has clearing agreements with one or more of NFS, COR Clearing, ICBC, Rosenthal and RJO. |
Note_14_Commitments_and_Contin
| Note 14 - Commitments and Contingencies | 9 Months Ended |
| Jun. 30, 2014 | |
| Commitments and Contingencies Disclosure [Abstract] | ' |
| Commitments and Contingencies Disclosure [Text Block] | ' |
| NOTE 14. COMMITMENTS AND CONTINGENCIES | |
| Leases | |
| As a result of the merger with Gilman, commitments under leases for office space and equipment increased by approximately $3,571,000 at June 30, 2014, related to 27 offices operated by Gilman. Such leases expire between August 2015 and June 2018. | |
| Litigation and Regulatory Matters | |
| The Company and its subsidiaries are defendants in arbitrations and administrative proceedings, lawsuits and claims, which are routine and incidental to our business, alleging specified damages of approximately $14,760,000. These matters arise in the normal course of business. The Company intends to vigorously defend itself in these actions, and based on discussions with counsel believes that the eventual outcome of these matters will not have a material adverse effect on the Company. However, the ultimate outcome of these matters cannot be determined at this time. Losses related to such matters that are probable and reasonably estimable have been accrued at June 30, 2014 and September 30, 2013, in the amounts of $527,000 and $250,000 (inclusive of legal fees incurred to date and estimated claims), respectively, and have been included in "Accounts Payable, Accrued Expenses and Other Liabilities" in the accompanying consolidated statements of financial condition. |
Note_15_Related_Party_Transact
| Note 15 - Related Party Transactions | 9 Months Ended |
| Jun. 30, 2014 | |
| Related Party Transactions [Abstract] | ' |
| Related Party Transactions Disclosure [Text Block] | ' |
| NOTE 15. RELATED PARTY TRANSACTIONS | |
| Robert B. Fagenson, the Company’s Co-Executive Chairman of the Board of Directors is a party to an Independent Contractor Agreement, dated February 27, 2012, with NSC, whereby in exchange for establishing and maintaining a branch office of NSC in New York City, New York (the “Branch”), Mr. Fagenson receives 50% of any net income earned at the Branch, which for the three and nine months ended June 30, 2013 was $48,000 and $96,000 respectively. Additionally, Mr. Fagenson’s daughter, Stephanie, is employed by NSC as Director of Corporate Access and receives a salary of $72,000. | |
| M. Klein & Company was engaged during the fiscal year ended 2013 to perform certain evaluation services and to advise the Board on corporate actions. The principal officer engaged to conduct these services is the brother of Mark D. Klein, the Company’s Chief Executive Officer and Co-Executive Chairman. Mr. Klein received no direct or indirect compensation as a result of this engagement. The total fees incurred for these services in the three and nine months ended June 30, 2014 were $0 and $40,000 respectively. |
Note_16_Net_Capital_Requiremen
| Note 16 - Net Capital Requirements | 9 Months Ended |
| Jun. 30, 2014 | |
| Brokers and Dealers [Abstract] | ' |
| Brokers and Dealers Disclosure [Text Block] | ' |
| NOTE 16. NET CAPITAL REQUIREMENTS | |
| The Broker-Dealer Subsidiaries are subject to the SEC's Uniform Net Capital Rule 15c3-1 (“Rule 15c3-1” or “the Rule”), which is designed to measure the general financial integrity and liquidity of a broker-dealer and requires the maintenance of minimum net capital. | |
| NSC is required to maintain minimum net capital equal to the greater of i.) $100,000,or ii.) a specified amount per security based on the bid price of each security for which NSC is a market maker with a limit of $1,000,000, and is required to maintain a ratio of aggregate indebtedness to net capital, as defined, of not more than 15 to 1 (and the rule of the “applicable” exchange also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1). At June 30, 2014, National Securities had net capital of approximately $7,932,000 which was approximately $7,832,000 in excess of its required net capital of $100,000, and its percentage of aggregate indebtedness to net capital was 310.0%. | |
| Due to its market maker status, vFinance Investments is required to maintain minimum net capital of $1,000,000. In addition to the net capital requirements, vFinance Investments is required to maintain a ratio of aggregate indebtedness to net capital, as defined, of not more than 15 to 1 (and the rule of the “applicable” exchange also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1). At June 30, 2014, vFinance Investments had net capital of approximately $3,170,000, which was approximately $2,170,000 in excess of its required net capital of $1,000,000, and its percentage of aggregate indebtedness to net capital was 108.6%. | |
| The Broker-Dealer Subsidiaries qualify under the exemptive provisions of Rule 15c3-3 which relates to the custody of securities for the account of customers pursuant to Section (k)(2)(ii) of the Rule as none of them carry security accounts of customers or perform custodial functions related to customer securities. | |
| Advances, dividends from subsidiaries and other equity withdrawals from the Broker-Dealer Subsidiaries are restricted by the regulations of the SEC, and other regulatory agencies. These regulatory restrictions may limit the amounts that a subsidiary may dividend or advance to the Company. |
Note_17_Stock_Based_Compensati
| Note 17 - Stock Based Compensation | 9 Months Ended |
| Jun. 30, 2014 | |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' |
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' |
| NOTE 17. STOCK BASED COMPENSATION | |
| The National Holdings Corporation 2013 Omnibus Incentive Plan, as amended, provides for granting of stock options, stock appreciation rights, restricted stock awards, restricted stock units and incentive awards to eligible employees and other service providers. | |
| During the nine months ended June 30, 2014, the company granted options to purchase 1,880,000 shares of the Company’s common stock at a weighted average exercise price of $0.53 per share. The weighted average grant date fair value amounted to $0.27 per share, which was estimated on the grant date using the Black-Scholes option pricing model using weighed average assumptions as follows: dividend yield of 0%, expected volatility of 75%, risk free interest rate of 2.4 % and expected life of 8.9 years. | |
| At June 30, 2014, there was unrecognized compensation relating to options and non-vested restricted stock units amounting to approximately $765,000. |
Note_18_Income_Taxes
| Note 18 - Income Taxes | 9 Months Ended |
| Jun. 30, 2014 | |
| Income Tax Disclosure [Abstract] | ' |
| Income Tax Disclosure [Text Block] | ' |
| NOTE 18. INCOME TAXES | |
| The Company files a consolidated federal income tax return and certain combined state and local income tax returns with its subsidiaries. Income tax expense was $29,000 and $271,000 for the three and nine months ended June 30, 2014, respectively. The tax provision principally represents federal alternative minimum tax and state and local income taxes. The effective tax rates differ from the statutory income tax, primarily due to utilization of net operating loss carryforwards for which valuation allowances had previously been provided. |
Note_5_Advances_to_Registered_1
| Note 5 - Advances to Registered Representatives (Tables) | 9 Months Ended | ||||
| Jun. 30, 2014 | |||||
| Investments in and Advances to Affiliates, Schedule of Investments [Abstract] | ' | ||||
| Investments in and Advances to Affiliates [Table Text Block] | ' | ||||
| Advances to | |||||
| Registered | |||||
| Representative | |||||
| Balance, October 1, 2013 | $ | 811,000 | |||
| Advances | 1,109,000 | ||||
| Amortization or repayment of advances | (489,000 | ) | |||
| Provision for doubtful accounts | (232,000 | ) | |||
| Balance, June 30, 2014 | 1,199,000 | ||||
Note_6_Securities_Owned_and_Se1
| Note 6 - Securities Owned and Securities Sold, But Not Yet Purchased at Fair Value (Tables) | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Investment Holdings [Abstract] | ' | ||||||||||||||||
| Schedule of Securities Owned and Sold, Not yet Purchased, at Fair Value [Table Text Block] | ' | ||||||||||||||||
| As of June 30, 2014 | |||||||||||||||||
| Securities owned at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 216,000 | - | - | $ | 216,000 | |||||||||||
| Mutual funds | 62,000 | - | - | 62,000 | |||||||||||||
| Fixed income securities | 657,000 | 138,000 | - | 795,000 | |||||||||||||
| Restricted stock and warrants | - | 94,000 | - | 94,000 | |||||||||||||
| $ | 935,000 | $ | 232,000 | $ | - | $ | 1,167,000 | ||||||||||
| Securities sold, but not yet purchased at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 227,000 | - | - | $ | 227,000 | |||||||||||
| $ | 227,000 | $ | - | $ | - | $ | 227,000 | ||||||||||
| As of September 30, 2013 | |||||||||||||||||
| Securities owned at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 428,000 | - | - | $ | 428,000 | |||||||||||
| Restricted stock and warrants | - | 39,000 | - | 39,000 | |||||||||||||
| $ | 428,000 | $ | 39,000 | $ | - | $ | 467,000 | ||||||||||
| Securities sold, but not yet purchased at fair value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Corporate stocks | $ | 15,000 | - | - | $ | 15,000 | |||||||||||
| $ | 15,000 | $ | - | $ | - | $ | 15,000 | ||||||||||
Note_7_Fixed_Assets_Tables
| Note 7 - Fixed Assets (Tables) | 9 Months Ended | ||||||||||||
| Jun. 30, 2014 | |||||||||||||
| Property, Plant and Equipment [Abstract] | ' | ||||||||||||
| Property, Plant and Equipment [Table Text Block] | ' | ||||||||||||
| June 30, | September 30, | ||||||||||||
| 2014 | 2013 | Estimated Useful | |||||||||||
| Lives | |||||||||||||
| Equipment (years) | $ | 2,764,000 | $ | 2,668,000 | 5 | ||||||||
| Furniture and fixtures (years) | 572,000 | 532,000 | 5 | ||||||||||
| Leasehold improvements | 1,422,000 | 1,074,000 | Lesser of useful life | ||||||||||
| or term of lease | |||||||||||||
| Capital Leases (Primarily composed of Computer Equipment) (years) | 2,638,000 | 2,510,000 | 5 | ||||||||||
| 7,396,000 | 6,784,000 | ||||||||||||
| Less accumulated depreciation and amortization | (6,633,000 | ) | (6,337,000 | ) | |||||||||
| Fixed assets - net | $ | 763,000 | $ | 447,000 | |||||||||
Note_8_Business_Combination_Ta
| Note 8 - Business Combination (Tables) | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Note 8 - Business Combination (Tables) [Line Items] | ' | ||||||||||||||||
| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | ' | ||||||||||||||||
| Assets | |||||||||||||||||
| Current assets | $ | 4,833,000 | |||||||||||||||
| Fixed assets | 482,000 | ||||||||||||||||
| Other assets | 272,000 | ||||||||||||||||
| Intangible assets (amortizable) | 10,417,000 | ||||||||||||||||
| Goodwill | 4,464,000 | ||||||||||||||||
| 20,468,000 | |||||||||||||||||
| Liabilities | |||||||||||||||||
| Current liabilities | 6,000,000 | ||||||||||||||||
| Long-term liabilities | 5,628,000 | ||||||||||||||||
| 11,628,000 | |||||||||||||||||
| Total purchase price | $ | 8,840,000 | |||||||||||||||
| Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] | ' | ||||||||||||||||
| Preliminary | Accumulated | Carrying | Estimated | ||||||||||||||
| Intangible asset | Fair Value | Amortization | Value | Useful Life (years) | |||||||||||||
| Customer Relationships | $ | 8,334,000 | $ | (1,179,000 | ) | $ | 7,155,000 | 5 | |||||||||
| Brand | 2,083,000 | (297,000 | ) | 1,786,000 | 5 | ||||||||||||
| $ | 10,417,000 | $ | (1,476,000 | ) | $ | 8,941,000 | |||||||||||
| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | ' | ||||||||||||||||
| Year ended | |||||||||||||||||
| September 30, | |||||||||||||||||
| 2014 | $ | 175,000 | |||||||||||||||
| 2015 | 2,083,000 | ||||||||||||||||
| 2016 | 2,083,000 | ||||||||||||||||
| 2017 | 2,083,000 | ||||||||||||||||
| 2018 | 2,083,000 | ||||||||||||||||
| 2019 | 434,000 | ||||||||||||||||
| Total | $ | 8,941,000 | |||||||||||||||
| Business Acquisition, Pro Forma Information [Table Text Block] | ' | ||||||||||||||||
| (Unaudited) | (Unaudited) | ||||||||||||||||
| Three Month Period Ended June 30, | Nine Month Period Ended June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Revenues | $ | 46,602,000 | $ | 42,628,000 | $ | 143,149,000 | $ | 121,132,000 | |||||||||
| Net Income atributable to common stockholders | $ | 1,382,000 | $ | 691,000 | $ | 4,951,000 | $ | 1,026,750 | |||||||||
| Basic earnings per share | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.01 | |||||||||
| Diluted earnings per share | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.01 | |||||||||
| Weighted number of shares outstanding - basic | 123,246,888 | 122,268,028 | 123,343,755 | 95,831,779 | |||||||||||||
| Weighted number of shares outstanding - diluted | 125,141,280 | 122,268,028 | 124,869,387 | 99,847,721 | |||||||||||||
| Since Acquisition Date [Member] | ' | ||||||||||||||||
| Note 8 - Business Combination (Tables) [Line Items] | ' | ||||||||||||||||
| Business Acquisition, Pro Forma Information [Table Text Block] | ' | ||||||||||||||||
| Three Month | Nine Month | ||||||||||||||||
| Period | Period | ||||||||||||||||
| Ended | Ended | ||||||||||||||||
| 30-Jun-14 | 30-Jun-14 | ||||||||||||||||
| Revenues | $ | 10,456,000 | $ | 28,493,000 | |||||||||||||
| Net income attributable to common stockholders | $ | 986,000 | $ | 1,935,000 | |||||||||||||
Note_9_Accounts_Payable_Accrue1
| Note 9 - Accounts Payable, Accrued Expenses and Other Liabilities (Tables) | 9 Months Ended | ||||||||
| Jun. 30, 2014 | |||||||||
| Payables and Accruals [Abstract] | ' | ||||||||
| Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] | ' | ||||||||
| June 30, | September 30, | ||||||||
| 2014 | 2013 | ||||||||
| Commissions payable | $ | 12,600,000 | $ | 9,141,000 | |||||
| Accounts payable | 3,567,000 | 2,439,000 | |||||||
| Deferred clearing fee credits | 65,000 | 138,000 | |||||||
| Telecommunications vendors payable | 218,000 | 166,000 | |||||||
| Legal expenses payable | 1,067,000 | 584,000 | |||||||
| Deferred rent payable | 195,000 | 220,000 | |||||||
| Accrued compensation | 1,082,000 | 195,000 | |||||||
| Settlements | 237,000 | 223,000 | |||||||
| Capital lease liability | 84,000 | 108,000 | |||||||
| Regulatory fees | 72,000 | 485,000 | |||||||
| Total | $ | 19,187,000 | $ | 13,699,000 | |||||
Note_10_Per_Share_Data_Tables
| Note 10 - Per Share Data (Tables) | 9 Months Ended | ||||||||||||||||
| Jun. 30, 2014 | |||||||||||||||||
| Earnings Per Share [Abstract] | ' | ||||||||||||||||
| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||||||
| Three Month Period Ended | Nine Month Period Ended | ||||||||||||||||
| June 30, | June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Numerator: | |||||||||||||||||
| Net income attributable to common stockholders | $ | 1,382,000 | $ | 805,000 | $ | 5,306,000 | $ | 1,258,000 | |||||||||
| Denominator: | |||||||||||||||||
| Denominator for basic earnings per share--weighted average shares | 123,246,888 | 89,016,988 | 122,084,494 | 62,580,749 | |||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Options | 600,000 | - | 282,000 | - | |||||||||||||
| Warrants | 50,760 | - | - | - | |||||||||||||
| Preferred Series C & D | - | - | - | 4,015,942 | |||||||||||||
| Restricted stock units - unvested | 1,243,632 | - | 1,243,632 | - | |||||||||||||
| Denominator for diluted earnings per share--adjusted weighted-average shares | 125,141,280 | 89,016,988 | 123,610,126 | 66,596,691 | |||||||||||||
| Income per share: | |||||||||||||||||
| Net income available to common stockholders | |||||||||||||||||
| Basic | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.02 | |||||||||
| Diluted | $ | 0.01 | $ | 0.01 | $ | 0.04 | $ | 0.02 | |||||||||
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | ' | ||||||||||||||||
| Three Month Period Ended June 30, | Nine Month Period Ended June 30, | ||||||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||||||
| Options | 11,700,000 | 1,000,000 | 12,018,000 | 1,000,000 | |||||||||||||
| Warrants | 845,995 | 1,146,755 | 912,367 | 1,146,755 | |||||||||||||
| 12,545,995 | 2,146,755 | 12,930,367 | 2,146,755 | ||||||||||||||
| June 30, | |||||||||||||||||
| 2014 | 2013 | ||||||||||||||||
| Options | 12,300,000 | 1,000,000 | |||||||||||||||
| Warrants | 896,755 | 1,146,755 | |||||||||||||||
| 13,196,755 | 2,146,755 | ||||||||||||||||
Note_2_Description_of_Business1
| Note 2 - Description of Business (Details) | Jun. 30, 2014 |
| Disclosure Text Block [Abstract] | ' |
| High Net Worth Clients | 125,000 |
Note_3_Receivables_from_Broker1
| Note 3 - Receivables from Broker-Dealers and Clearing Organizations (Details) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Due to and from Broker-Dealers and Clearing Organizations [Abstract] | ' | ' |
| Receivables from Brokers-Dealers and Clearing Organizations | $5,259,000 | $4,296,000 |
Note_4_Other_Receivables_Detai
| Note 4 - Other Receivables (Details) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Receivables [Abstract] | ' | ' |
| Premiums and Other Receivables, Net | $1,819,000 | $1,049,000 |
| Allowance for Doubtful Accounts Receivable, Current | $320,000 | $13,000 |
Note_5_Advances_to_Registered_2
| Note 5 - Advances to Registered Representatives (Details) (Advances to Registered Representatives [Member], USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Advances to Registered Representatives [Member] | ' | ' |
| Note 5 - Advances to Registered Representatives (Details) [Line Items] | ' | ' |
| Allowance for Doubtful Accounts Receivable | $232,000 | $13,000 |
Note_5_Advances_to_Registered_3
| Note 5 - Advances to Registered Representatives (Details) - Advances to Registered Representatives (USD $) | 9 Months Ended | |
| Jun. 30, 2014 | Jun. 30, 2013 | |
| Investments in and Advances to Affiliates [Line Items] | ' | ' |
| Balance, October 1, 2013 | $811,000 | ' |
| Provision for doubtful accounts | -553,000 | 96,000 |
| Balance, June 30, 2014 | 1,199,000 | ' |
| Advances to Registered Representatives [Member] | ' | ' |
| Investments in and Advances to Affiliates [Line Items] | ' | ' |
| Balance, October 1, 2013 | 811,000 | ' |
| Advances | 1,109,000 | ' |
| Amortization or repayment of advances | -489,000 | ' |
| Provision for doubtful accounts | -232,000 | ' |
| Balance, June 30, 2014 | $1,199,000 | ' |
Note_6_Securities_Owned_and_Se2
| Note 6 - Securities Owned and Securities Sold, But Not Yet Purchased at Fair Value (Details) - Fair Value Measurements (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | $1,167,000 | $467,000 |
| Securities sold, but not yet purchased at fair value | 227,000 | 15,000 |
| Corporate Stocks [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 216,000 | 428,000 |
| Securities sold, but not yet purchased at fair value | 227,000 | 15,000 |
| Corporate Stocks [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 216,000 | 428,000 |
| Securities sold, but not yet purchased at fair value | 227,000 | 15,000 |
| Mutual Funds [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 62,000 | ' |
| Mutual Funds [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 62,000 | ' |
| Fixed Income Securities1 [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 657,000 | ' |
| Fixed Income Securities1 [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 138,000 | ' |
| Fixed Income Securities1 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 795,000 | ' |
| Restricted Stock [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 94,000 | 39,000 |
| Restricted Stock [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 94,000 | 39,000 |
| Fair Value, Inputs, Level 1 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | 935,000 | 428,000 |
| Securities sold, but not yet purchased at fair value | 227,000 | 15,000 |
| Fair Value, Inputs, Level 2 [Member] | ' | ' |
| Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items] | ' | ' |
| Securities owned at fair value | $232,000 | $39,000 |
Note_7_Fixed_Assets_Details
| Note 7 - Fixed Assets (Details) (USD $) | 9 Months Ended | |
| Jun. 30, 2014 | Jun. 30, 2013 | |
| Property, Plant and Equipment [Abstract] | ' | ' |
| Depreciation | $295,000 | $330,000 |
Note_7_Fixed_Assets_Details_Fi
| Note 7 - Fixed Assets (Details) - Fixed Assets (USD $) | 9 Months Ended | |
| Jun. 30, 2014 | Sep. 30, 2013 | |
| Property, Plant and Equipment [Line Items] | ' | ' |
| Fixed assets | $7,396,000 | $6,784,000 |
| Less accumulated depreciation and amortization | -6,633,000 | -6,337,000 |
| Fixed assets - net | 763,000 | 447,000 |
| Equipment [Member] | ' | ' |
| Property, Plant and Equipment [Line Items] | ' | ' |
| Fixed assets | 2,764,000 | 2,668,000 |
| Estimated useful lives | '5 years | ' |
| Furniture and Fixtures [Member] | ' | ' |
| Property, Plant and Equipment [Line Items] | ' | ' |
| Fixed assets | 572,000 | 532,000 |
| Estimated useful lives | '5 years | ' |
| Leasehold Improvements [Member] | ' | ' |
| Property, Plant and Equipment [Line Items] | ' | ' |
| Fixed assets | 1,422,000 | 1,074,000 |
| Assets Held under Capital Leases [Member] | ' | ' |
| Property, Plant and Equipment [Line Items] | ' | ' |
| Fixed assets | $2,638,000 | $2,510,000 |
| Estimated useful lives | '5 years | ' |
Note_8_Business_Combination_De
| Note 8 - Business Combination (Details) (USD $) | 1 Months Ended | 9 Months Ended | 1 Months Ended | 0 Months Ended | ||
| Aug. 31, 2013 | Jun. 30, 2014 | Jun. 30, 2014 | Aug. 31, 2013 | Oct. 15, 2013 | Oct. 15, 2013 | |
| Professional Fees [Member] | Private Placement [Member] | Gilman [Member] | Gilman [Member] | |||
| Gilman [Member] | ||||||
| Note 8 - Business Combination (Details) [Line Items] | ' | ' | ' | ' | ' | ' |
| Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in Shares) | ' | ' | ' | ' | 22,666,685 | ' |
| Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | ' | ' | ' | ' | $8,840,000 | ' |
| Business Acquisition, Percentage of Voting Interests Acquired | ' | ' | ' | ' | ' | 100.00% |
| Payments to Acquire Businesses, Gross | ' | 5,400,000 | ' | ' | 5,400,000 | ' |
| Sale of Stock, Number of Shares Issued in Transaction (in Shares) | ' | ' | ' | 10,583,330 | ' | ' |
| Proceeds from Issuance of Private Placement | 3,016,000 | ' | ' | ' | ' | ' |
| Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Options Issued (in Shares) | ' | ' | ' | ' | 1,750,000 | ' |
| Business Combination, Acquisition Related Costs | ' | ' | $86,000 | ' | ' | ' |
Note_8_Business_Combination_De1
| Note 8 - Business Combination (Details) - Assets Acquired and Liabilities Assumed (USD $) | Jun. 30, 2014 |
| Note 8 - Business Combination (Details) - Assets Acquired and Liabilities Assumed [Line Items] | ' |
| Goodwill | $4,464,000 |
| Gilman [Member] | ' |
| Note 8 - Business Combination (Details) - Assets Acquired and Liabilities Assumed [Line Items] | ' |
| Current assets | 4,833,000 |
| Fixed assets | 482,000 |
| Other assets | 272,000 |
| Intangible assets (amortizable) | 10,417,000 |
| Goodwill | 4,464,000 |
| 20,468,000 | |
| Current liabilities | 6,000,000 |
| Long-term liabilities | 5,628,000 |
| 11,628,000 | |
| Total purchase price | $8,840,000 |
Note_8_Business_Combination_De2
| Note 8 - Business Combination (Details) - Intangible Assets Subject to Amortization (USD $) | 9 Months Ended |
| Jun. 30, 2014 | |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Preliminary Fair Value | $10,417,000 |
| Accumulated Amortization | -1,476,000 |
| Carrying Value | 8,941,000 |
| Customer Relationships [Member] | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Preliminary Fair Value | 8,334,000 |
| Accumulated Amortization | -1,179,000 |
| Carrying Value | 7,155,000 |
| Estimated Useful Life | '5 years |
| Brand [Member] | ' |
| Acquired Finite-Lived Intangible Assets [Line Items] | ' |
| Preliminary Fair Value | 2,083,000 |
| Accumulated Amortization | -297,000 |
| Carrying Value | $1,786,000 |
| Estimated Useful Life | '5 years |
Note_8_Business_Combination_De3
| Note 8 - Business Combination (Details) - Intangible Assets Estimated Future Amortization Expense (USD $) | Jun. 30, 2014 |
| Note 8 - Business Combination (Details) - Intangible Assets Estimated Future Amortization Expense [Line Items] | ' |
| Total | $8,941,000 |
| Gilman [Member] | ' |
| Note 8 - Business Combination (Details) - Intangible Assets Estimated Future Amortization Expense [Line Items] | ' |
| 2014 | 175,000 |
| 2015 | 2,083,000 |
| 2016 | 2,083,000 |
| 2017 | 2,083,000 |
| 2018 | 2,083,000 |
| 2019 | 434,000 |
| Total | $8,941,000 |
Note_8_Business_Combination_De4
| Note 8 - Business Combination (Details) - Pro Forma Consolidated Results of Operations (Gilman [Member], USD $) | 3 Months Ended | 9 Months Ended | ||
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
| Gilman [Member] | ' | ' | ' | ' |
| Note 8 - Business Combination (Details) - Pro Forma Consolidated Results of Operations [Line Items] | ' | ' | ' | ' |
| Revenues | $46,602,000 | $42,628,000 | $143,149,000 | $121,132,000 |
| Net Income atributable to common stockholders | $1,382,000 | $691,000 | $4,951,000 | $1,026,750 |
| Basic earnings per share | $0.01 | $0.01 | $0.04 | $0.01 |
| Diluted earnings per share | $0.01 | $0.01 | $0.04 | $0.01 |
| Weighted number of shares outstanding - basic | 123,246,888 | 122,268,028 | 123,343,755 | 95,831,779 |
| Weighted number of shares outstanding - diluted | 125,141,280 | 122,268,028 | 124,869,387 | 99,847,721 |
Note_8_Business_Combination_De5
| Note 8 - Business Combination (Details) - Revenues and Income (Loss) of Gilman Since Acquisition Date (Gilman [Member], USD $) | 3 Months Ended | 9 Months Ended |
| Jun. 30, 2014 | Jun. 30, 2014 | |
| Gilman [Member] | ' | ' |
| Note 8 - Business Combination (Details) - Revenues and Income (Loss) of Gilman Since Acquisition Date [Line Items] | ' | ' |
| Revenues | $10,456,000 | $28,493,000 |
| Net income attributable to common stockholders | $986,000 | $1,935,000 |
Note_9_Accounts_Payable_Accrue2
| Note 9 - Accounts Payable, Accrued Expenses and Other Liabilities (Details) - Accounts Payable, Accrued Expenses and Other Liabilities (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Accounts Payable, Accrued Expenses and Other Liabilities [Abstract] | ' | ' |
| Commissions payable | $12,600,000 | $9,141,000 |
| Accounts payable | 3,567,000 | 2,439,000 |
| Deferred clearing fee credits | 65,000 | 138,000 |
| Telecommunications vendors payable | 218,000 | 166,000 |
| Legal expenses payable | 1,067,000 | 584,000 |
| Deferred rent payable | 195,000 | 220,000 |
| Accrued compensation | 1,082,000 | 195,000 |
| Settlements | 237,000 | 223,000 |
| Capital lease liability | 84,000 | 108,000 |
| Regulatory fees | 72,000 | 485,000 |
| Total | $19,187,000 | $13,699,000 |
Note_10_Per_Share_Data_Details
| Note 10 - Per Share Data (Details) - Basic Net Loss Per Share (USD $) | 3 Months Ended | 9 Months Ended | ||
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
| Numerator: | ' | ' | ' | ' |
| Net income attributable to common stockholders (in Dollars) | $1,382,000 | $805,000 | $5,306,000 | $1,258,000 |
| Denominator: | ' | ' | ' | ' |
| Denominator for basic earnings per share--weighted average shares | 123,246,888 | 89,016,988 | 122,084,494 | 62,580,749 |
| Warrants | 50,760 | ' | ' | ' |
| Denominator for diluted earnings per share--adjusted weighted-average shares | 125,141,280 | 89,016,988 | 123,610,126 | 66,596,691 |
| Net income available to common stockholders | ' | ' | ' | ' |
| Basic (in Dollars per share) | $0.01 | $0.01 | $0.04 | $0.02 |
| Diluted (in Dollars per share) | $0.01 | $0.01 | $0.04 | $0.02 |
| Preferred Stock Series C and D [Member] | ' | ' | ' | ' |
| Denominator: | ' | ' | ' | ' |
| Preferred Series C & D | ' | ' | ' | 4,015,942 |
| Dilutive Options [Member] | ' | ' | ' | ' |
| Denominator: | ' | ' | ' | ' |
| Assumed Conversion Attributable to Share-Based Payment Arrangements | 600,000 | ' | 282,000 | ' |
| Restricted Stock Units (RSUs) [Member] | ' | ' | ' | ' |
| Denominator: | ' | ' | ' | ' |
| Assumed Conversion Attributable to Share-Based Payment Arrangements | 1,243,632 | ' | 1,243,632 | ' |
Note_10_Per_Share_Data_Details1
| Note 10 - Per Share Data (Details) - Anti-Dilutive Common Shares | 9 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||||
| In Millions, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Sep. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Sep. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Sep. 30, 2013 |
| Equity Option [Member] | Equity Option [Member] | Equity Option [Member] | Equity Option [Member] | Equity Option [Member] | Equity Option [Member] | Warrant [Member] | Warrant [Member] | Warrant [Member] | Warrant [Member] | Warrant [Member] | Warrant [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | |||
| Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | |||||||||||
| Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Anti-dilutive common shares | 13,196,755 | 2,146,755 | 12,300,000 | 1,000,000 | 11,700,000 | 1,000,000 | 12,018,000 | 1,000,000 | 896,755 | 1,146,755 | 845,995 | 1,146,755 | 912,367 | 1,146,755 | 12,545,995 | 2,146,755 | 12,930,367 | 2,146,755 |
Note_14_Commitments_and_Contin1
| Note 14 - Commitments and Contingencies (Details) (USD $) | 1 Months Ended | 1 Months Ended | |||
| Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | Sep. 30, 2013 | |
| Increased Commitments under Leases for Office Space and Equipment [Member] | Gilman [Member] | Threatened Litigation [Member] | Threatened Litigation [Member] | ||
| Gilman [Member] | |||||
| Note 14 - Commitments and Contingencies (Details) [Line Items] | ' | ' | ' | ' | ' |
| Other Commitment | ' | $3,571,000 | ' | ' | ' |
| Number of Offices | ' | ' | 27 | ' | ' |
| Loss Contingency, Damages Sought, Value | 14,760,000 | ' | ' | ' | ' |
| Loss Contingency, Estimate of Possible Loss | ' | ' | ' | $527,000 | $250,000 |
Note_15_Related_Party_Transact1
| Note 15 - Related Party Transactions (Details) (USD $) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |
| Feb. 27, 2012 | Jun. 30, 2013 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 | |
| Chief Executive Officer [Member] | Chief Executive Officer [Member] | Chief Executive Officer [Member] | Immediate Family Member of Management or Principal Owner [Member] | Immediate Family Member of Management or Principal Owner [Member] | Immediate Family Member of Management or Principal Owner [Member] | |
| Contractor Agreement [Member] | Percent Of Net Income Accrued [Member] | Percent Of Net Income Accrued [Member] | Salary [Member] | Evaluation Services [Member] | Evaluation Services [Member] | |
| Note 15 - Related Party Transactions (Details) [Line Items] | ' | ' | ' | ' | ' | ' |
| Related Party Transaction, Rate | 50.00% | ' | ' | ' | ' | ' |
| Related Party Transaction, Amounts of Transaction | ' | $48,000 | $96,000 | $72,000 | ' | ' |
| Related Party Transaction, Expenses from Transactions with Related Party | ' | ' | ' | ' | $0 | $40,000 |
Note_16_Net_Capital_Requiremen1
| Note 16 - Net Capital Requirements (Details) (USD $) | Jun. 30, 2014 |
| SEC Requirement [Member] | ' |
| Note 16 - Net Capital Requirements (Details) [Line Items] | ' |
| Alternative Excess Net Capital | $7,832,000 |
| National Securities [Member] | ' |
| Note 16 - Net Capital Requirements (Details) [Line Items] | ' |
| Minimum Net Capital Required | 100,000 |
| Ratio of Indebtedness to Net Capital | 15 |
| Net Capital | 7,932,000 |
| Capital Required to be Well Capitalized to Risk Weighted Assets | 310.00% |
| vFinance Investments [Member] | ' |
| Note 16 - Net Capital Requirements (Details) [Line Items] | ' |
| Minimum Net Capital Required | 1,000,000 |
| Ratio of Indebtedness to Net Capital | 15 |
| Net Capital | 3,170,000 |
| Alternative Excess Net Capital | 2,170,000 |
| Capital Required to be Well Capitalized to Risk Weighted Assets | 108.60% |
| Maximum [Member] | National Securities [Member] | ' |
| Note 16 - Net Capital Requirements (Details) [Line Items] | ' |
| Minimum Net Capital Required, Per Security Limit | $1,000,000 |
| Ratio of Indebtedness to Net Capital | 10 |
| Maximum [Member] | vFinance Investments [Member] | ' |
| Note 16 - Net Capital Requirements (Details) [Line Items] | ' |
| Ratio of Indebtedness to Net Capital | 10 |
Note_17_Stock_Based_Compensati1
| Note 17 - Stock Based Compensation (Details) (Omnibus Incentive Plan [Member], USD $) | 9 Months Ended |
| Jun. 30, 2014 | |
| Omnibus Incentive Plan [Member] | ' |
| Note 17 - Stock Based Compensation (Details) [Line Items] | ' |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | 1,880,000 |
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $0.53 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $0.27 |
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate | 0.00% |
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 75.00% |
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate | 2.40% |
| Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term | '8 years 328 days |
| Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized (in Dollars) | $765,000 |
Note_18_Income_Taxes_Details
| Note 18 - Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended |
| Jun. 30, 2014 | Jun. 30, 2014 | |
| Income Tax Disclosure [Abstract] | ' | ' |
| Income Tax Expense (Benefit) | $29,000 | $271,000 |