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Condensed Consolidated Statements of Loss (Unaudited) (As Restated) - USD ($)
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Revenues:    
Operating Revenues $ 30,493,253 $ 22,358,520
Operating Expenses:    
Flight-air cargo 8,974,565 6,373,909
Maintenance-air cargo 5,445,904 5,208,164
Ground equipment sales 3,416,324 3,129,114
Ground support services 5,392,668 4,715,911
Printing equipment and maintenance 6,007,767
Research and development 510,960
General and administrative 5,828,946 3,806,928
Depreciation, amortization and impairment 1,989,601 178,617
Gain on sale of property and equipment (5,024)
37,566,735 23,407,619
Operating Loss (7,073,482) (1,049,099)
Non-operating Income (Expense):    
Gain on sale of marketable securities 143,869
Foreign currency gain, net 91,790
Other-than-temporary impairment loss on investments (1,502,239)
Other investment income (loss), net 42,693 (19,941)
Interest expense and other (64,011)
(1,287,898) (19,941)
Loss Before Income Taxes (8,361,380) (1,069,040)
Income Taxes (372,000) (333,000)
Net Loss (7,989,380) (736,040)
Net Loss Attributable to Non-controlling Interests 2,237,909
Net Loss Attributable to Air T, Inc. Stockholders $ (5,751,471) [1] $ (736,040)
Loss Per Share:    
Basic (in dollars per share) $ (2.42) [1] $ (0.31)
Diluted (in dollars per share) $ (2.42) [1] $ (0.31)
Weighted Average Shares Outstanding:    
Basic (in shares) 2,372,527 [1] 2,372,527
Diluted (in shares) 2,372,527 [1] 2,372,527
Overnight Air Cargo [Member]    
Operating Revenues:    
Operating Revenues $ 16,637,165 $ 12,889,190
Ground Equipment Sales [Member]    
Operating Revenues:    
Operating Revenues 4,254,188 4,039,237
Ground Support Services [Member]    
Operating Revenues:    
Operating Revenues 6,800,042 5,430,093
Printing Equipment and Maintenance [Member]    
Operating Revenues:    
Operating Revenues 2,560,088
Leasing [Member]    
Operating Revenues:    
Operating Revenues $ 241,770
[1] Earnings per common share have been restated for the three-month period ended June 30, 2016. See Note 1A.