16. Stock Option Plans (Tables)

12 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The per share weighted-average fair value of stock options granted for the years ended March 31, 2014 and 2013 was $1.76 and $1.40, respectively, on the date of grant using the Black Scholes option-pricing model with the following assumptions:

	Dividend Yield			Risk-free Interest rate			Volatility			Life
2014		0.0	%		1.37	%		46.31	%	5 years
2013		0.0	%		0.79	%		45.30	%	5 years

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the status of the Company’s stock option plans for the fiscal years ended March 31, 2014 and 2013 and changes during the years are presented below: (in number of options):

	Number of Options			Average Exercise Price		Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding options at April 1, 2012		201,100		$	5.14
Options granted		10,000		$	3.50
Options exercised		(39,100	)	$	3.53
Options canceled/forfeited		(57,400	)	$	5.17
Outstanding options at March 31, 2013		114,600		$	5.53	2.0 years	$	-0-
Options granted		10,000		$	4.22
Options exercised		(8,300	)	$	3.98
Options canceled/forfeited		(28,300	)	$	3.67
Outstanding options at March 31, 2014		88,000		$	6.12	2.0 years	$	11,200
Vested Options:
March 31, 2014:		61,800		$	6.12	1.2 years	$	9,200
March 31, 2013:		71,100		$	5.14	1.4 years	$	-0-

Schedule of Nonvested Share Activity [Table Text Block]

A summary of the Company’s non-vested shares as of March 31, 2014, and changes during the year ended March 31, 2014 is presented below:

Non-vested Shares	Shares			Weighted-Average Grant-Date Fair value
Non-vested at April 1, 2013		43,500		$	6.18
Granted		10,000		$	4.22
Vested		(27,300	)	$	5.52
Forfeited		-		$	-
Non-vested at March 31, 2014		26,200		$	6.13