Condensed Consolidated Statements of Income (Loss) (Unaudited) (As Restated) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Operating Revenues:
Operating Revenues	$ 35,769,170	$ 46,618,573	$ 104,785,413	$ 113,631,022
Operating Expenses:
Overnight air cargo - flight	10,152,680	9,823,987	29,150,766	25,597,653
Overnight air cargo - maintenance	5,068,418	6,499,073	15,778,738	17,061,811
Ground equipment sales	4,345,727	14,629,183	16,521,728	33,229,603
Ground support services	6,449,260	5,358,593	17,604,562	15,137,050
Printing equipment and maintenance	948,008	1,376,000	8,072,739	1,376,000
Commercial jet engines	1,672,092		2,459,631
Leasing			49,460
Research and development	107,598	216,000	858,480	216,000
General and administrative	4,960,263	4,585,364	15,932,655	12,050,479
Depreciation, amortization and impairment	411,798	296,474	2,755,071	667,595
Gain (loss) on sale of property and equipment	13,909	(56,218)	13,909	(50,837)
	34,129,753	42,728,456	109,197,739	105,285,354
Operating Income (Loss)	1,639,417	3,890,117	(4,412,326)	8,345,668
Non-operating Income (Expense):
Gain (loss) on sale of marketable securities	9,965	(6,837)	582,910	(6,837)
Foreign currency gain, net	235,670	11,000	360,556	11,000
Other-than-temporary impairment loss on investments			(1,502,239)
Other investment income, net	66,082	15,776	157,044
Interest expense and other	(136,842)	35,144	(278,219)	21,289
	174,875	55,083	(679,948)	25,452
Income (Loss) Before Income Taxes	1,814,292	3,945,200	(5,092,274)	8,371,120
Income Taxes	149,000	1,499,000	152,000	2,867,000
Net Income (Loss)	1,665,292	2,446,200	(5,244,274)	5,504,120
Net (Income) Loss Attributable to Non-controlling Interests	(445,255)	279,510	1,796,942	279,510
Net Income (Loss) Attributable to Air T, Inc. Stockholders	$ 1,220,037	$ 2,725,710	$ (3,447,332)	$ 5,783,630	[1]
Earnings (Loss) Per Share:
Basic (in dollars per share)	$ 0.60	$ 1.15	$ (1.60)	$ 2.44	[1]
Diluted (in dollars per share)	$ 0.60	$ 1.14	$ (1.60)	$ 2.41	[1]
Weighted Average Shares Outstanding:
Basic (in shares)	2,042,789	2,372,527	2,152,301	2,372,527	[1]
Diluted (in shares)	2,047,637	2,396,999	2,152,301	2,396,645	[1]
Overnight Air Cargo [Member]
Operating Revenues:
Operating Revenues	$ 17,099,640	$ 18,674,458	$ 50,888,019	$ 48,949,401
Ground Equipment Sales [Member]
Operating Revenues:
Operating Revenues	5,400,258	20,344,287	20,743,323	45,666,664
Ground Support Services [Member]
Operating Revenues:
Operating Revenues	7,579,661	6,559,110	21,417,854	17,974,239
Printing Equipment and Maintenance [Member]
Operating Revenues:
Operating Revenues	2,653,899	1,035,000	6,941,883	1,035,000
Commercial Jet Engines [Member]
Operating Revenues:
Operating Revenues	2,998,165		4,293,272
Leasing [Member]
Operating Revenues:
Operating Revenues	$ 37,547	$ 5,718	$ 501,062	$ 5,718

[1] Earnings per common share have been restated for the three and nine-month periods ended December 31, 2016 and 2015. See Note 1A.