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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities    
Net income $ 9,653,703 $ 13,008,445
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 333,742 276,194
(Gain) loss on sale of property and equipment (12,247) 6,691
Provision for credit losses 18,765,745 15,182,698
Amortization of dealer discounts (9,885,851) (10,204,562)
Deferred income taxes (296,362) 270,675
Share-based compensation 416,335 382,883
Change in fair value of interest rate swap agreements (128,170) 105,878
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 396,471 13,280
Accounts payable and accrued expenses (2,202,246) (2,572,286)
Income taxes (receivable) and payable (305,613) 447,340
Deferred revenues 656,749 574,862
Net cash provided by operating activities 17,392,256 17,492,098
Cash flows from investing activities    
Purchase and origination of finance receivables (131,416,115) (119,758,892)
Principal payments received 101,126,188 101,279,098
Increase in assets held for resale (185,075) (345,644)
Purchase of property and equipment (877,677) (377,859)
Proceeds from sale of property and equipment 48,082 58,319
Net cash used in investing activities (31,304,597) (19,144,978)
Cash flows from financing activities    
Net draws on line of credit 14,000,000 2,100,000
Change in drafts payable (476,288) (669,956)
Payment of debt costs (25,000)  
Expenses related to prior purchase of treasury shares (50,469)  
Proceeds from exercise of stock options 75,946 154,575
Excess tax benefits from share-based compensation 5,766 69,016
Net cash provided by financing activities 13,529,955 1,653,635
Net (decrease) increase in cash (382,386) 755
Cash, beginning of period 3,388,193 2,635,036
Cash, end of period $ 3,005,807 $ 2,635,791