Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v3.8.0.1
Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of Interest Rate Derivatives
In September 2013, we entered into four interest rate swap agreements, as follows:
 
Effective Date
 
Notational
Amount
 
LIBOR Rate
 
Maturity Date
Interest Rate Swap
September 9, 2013
 
$15 million
 
1.1700
%
 
September 9, 2016
Interest Rate Swap
September 9, 2013
 
$15 million
 
1.6480
%
 
September 11, 2017
Interest Rate Swap
September 19, 2013
 
$15 million
 
1.0030
%
 
September 19, 2016
Interest Rate Swap
September 19, 2013
 
$15 million
 
1.4490
%
 
September 19, 2017

During fiscal years 2017, 2016, and 2015, these interest rate swap agreements had minimal ineffectiveness and were considered highly-effective hedges.
In July 2017, we entered into two interest rate swap agreements, as follows:
 
Effective Date
 
Notational
Amount
 
LIBOR Rate
 
Maturity Date
Interest Rate Swap
July 19, 2017
 
$10 million
 
1.7400
%
 
July 19, 2019
Interest Rate Swap
July 19, 2017
 
$10 million
 
1.9900
%
 
May 10, 2021