Notes and Lines of Credit Payable (Tables)

12 Months Ended

Mar. 31, 2016

Notes Payable [Abstract]

Schedule of Notes and lines of credit payable

Notes and lines of credit payable consist of the following:

	For The Years Ended March 31,
	2016		2015
Term loan payable to NNA due March 28, 2019, net of debt discount of $0 (March 31, 2016) and $1,060,401 (March 31, 2015). This loan was paid-off in October 2015.	$	-	$	5,467,098
Line of credit payable to NNA due March 28, 2019. This loan was paid-off in October 2015		-		1,000,000
Hendel $100,000 revolving line of credit due to financial institution, bears interest at prime plus 4.5% (8.0% and 7.75%, respectively, interest only payable monthly and matures in March 31, 2017.		88,764		94,764
BAHA $150,000 line of credit due to a financial institution, bears interest at prime rate plus 3% (6.5% and 6.25%, respectively), interest only payable monthly and matures in March 2017.		100,000		-
	$	188,764	$	6,561,862
Less: current		(188,764)		(327,141)
Noncurrent portion	$	-	$	6,234,721

Schedule of Interest Expense Associated with Notes Payable

Interest expense associated with the notes payable and lines of credit consisted of the following:

	For The Years Ended March 31,
	2016		2015
Interest expense	$	323,708	$	595,067
Amortization of loan fees and discount, net of out of period adjustment (Note 12)		(141,066)		288,053
	$	182,642	$	883,120