FAIR VALUE (Tables)

6 Months Ended

Sep. 30, 2016

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The carrying amount and estimated fair values of the Company’s financial instruments summarized by level are as follows:

	September 30, 2016				March 31, 2016
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
ASSETS
Level 1 inputs
Cash and cash equivalents	$	16,255,288	$	16,255,288	$	12,377,024	$	12,377,024
Level 3 inputs
Loans receivable, net	714,076,297		714,076,297		706,739,376		706,739,376
LIABILITIES
Level 3 inputs
Senior notes payable	360,586,200		360,586,200		374,685,000		374,685,000