COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Mar. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Future minimum lease payments under property and equipment leases with terms exceeding one year as of March 31, 2016 are as follows:

 

	Operating Leases
For fiscal year ending March 31,
2017	$	551,516
2018		503,825
2019		519,518
2020		524,271
2021		218,447
	$	2,317,577