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Statements of Shareholders' Equity - USD ($)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Mar. 31, 2019   4,846,010        
Balance at Mar. 31, 2019   $ 48,460 $ 19,910,558 $ (82,725) $ 62,903,918 $ 82,780,211
Exercise of stock options (in shares)   2,000        
Exercise of stock options   $ 20 112,340 112,360
Repurchase of common stock (in shares)   (12,972)        
Repurchase of common stock   $ (130) (687,302) (687,432)
Unrealized gain on marketable securities, net of tax   599,248 599,248
Net income         14,526,642 14,526,642
Total comprehensive income           15,125,890
Stock-based compensation   48,360 48,360
Cash dividends declared ($4.00 per share of common stock)         (19,384,040) (19,384,040)
Balance (in shares) at Mar. 31, 2020 4,835,038          
Balance at Mar. 31, 2020   $ 48,350 19,383,956 516,523 58,046,520 77,995,349
Repurchase of common stock (in shares)   (1,806)        
Repurchase of common stock   $ (18) (91,401) (91,419)
Unrealized gain on marketable securities, net of tax   584,596 584,596
Net income   11,694,384 11,694,384
Total comprehensive income   12,278,980
Stock-based compensation   45,572 45,572
Cash dividends declared ($4.00 per share of common stock)   (19,336,540) (19,336,540)
Balance (in shares) at Mar. 31, 2021   4,833,232        
Balance at Mar. 31, 2021   $ 48,332 $ 19,338,127 $ 1,101,119 $ 50,404,364 $ 70,891,942