XML 66 R13.htm IDEA: XBRL DOCUMENT

Note 5 - Property and Equipment

12 Months Ended

Mar. 31, 2015

Property, Plant and Equipment Disclosure [Text Block]

5.	PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

	March 31,
	2015			2014
Furniture, fixtures and improvements	$	4,931,748		$	6,265,083
Flight equipment and rotables		-			3,203,765
Equipment leased to customers		1,672,402			2,831,015
		6,604,150			12,299,863
Less accumulated depreciation		(4,032,650	)		(8,313,689	)

Property and equipment, net	$	2,571,499		$	3,986,174

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details