DAILY JOURNAL CORP - FORM 10-K - XML - IDEA: XBRL DOCUMENT - December 14, 2012

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EXCEL - IDEA: XBRL DOCUMENT - DAILY JOURNAL CORPFinancial_Report.xls
10-K - FORM 10-K - DAILY JOURNAL CORPdjc_10k-093012.htm
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v2.4.0.6
Note 7 - Subsequent Events
 12 Months Ended
Sep. 30, 2012
Subsequent Events [Text Block]
7. SUBSEQUENT EVENTS

The Company has completed an evaluation of all subsequent events through the issuance date of these financial statements and concluded that no subsequent events occurred that required recognition to the financial statements or disclosures in the Notes to Consolidated Financial Statements, except for the December 2012 purchase of all of the outstanding stock of New Dawn Technologies, Inc., which provides products and services similar to that of Sustain.  The Company borrowed the purchase price of $14 million and pledged its marketable securities as collateral.   The interest rate for this margin loan will fluctuate based on the Federal Funds Rate plus 50 basis points with interest only payable monthly.

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