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Note 4 - Net Earnings Per Share (As Restated) - Earnings Per Common Share - Earnings Per Common Share (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
[1]
Net Income Attributable to Air T, Inc. Stockholders $ 1,220,037 $ 2,725,710 $ (3,447,332) $ 5,783,630
Earnings (Loss) Per Share:        
Basic (in dollars per share) $ 0.60 $ 1.15 $ (1.60) $ 2.44
Diluted (in dollars per share) $ 0.60 $ 1.14 $ (1.60) $ 2.41
Weighted Average Shares Outstanding:        
Basic (in shares) 2,042,789 2,372,527 2,152,301 2,372,527
Diluted (in shares) 2,047,637 2,396,999 2,152,301 2,396,645
Scenario, Previously Reported [Member]        
Net Income Attributable to Air T, Inc. Stockholders $ 856,105 $ 2,971,340 $ (1,751,648) $ 6,029,260
Earnings (Loss) Per Share:        
Basic (in dollars per share) $ 0.42 $ 1.25 $ (0.81) $ 2.54
Diluted (in dollars per share) $ 0.42 $ 1.24 $ (0.81) $ 2.52
[1] Earnings per common share have been restated for the three and nine-month periods ended December 31, 2016 and 2015. See Note 1A.