Notes and Lines of Credit Payable (Tables)

3 Months Ended

Jun. 30, 2015

Notes Payable [Abstract]

Schedule of Notes and lines of credit payable

Notes and lines of credit payable consist of the following:

	June 30,		March 31,
	2015		2015
Term loan payable to NNA due March 28, 2019, net of debt discount of $995,363 (June 30, 2015) and $1,060,401 (March 31, 2015)	$	5,532,137	$	5,467,098
Line of credit payable to NNA due March 28, 2019		1,000,000		1,000,000
Unsecured revolving line of credit due to financial institution due June 5, 2016		94,764		94,764
	$	6,624,548	$	6,561,862

Schedule of Interest Expense Associated with Notes Payable

Interest expense associated with the notes and lines of credit payable consisted of the following:

	Three Months Ended June 30,
	2015		2014
Interest expense	$	149,709	$	144,153
Amortization of loan fees and discount		74,573		71,251
	$	224,282	$	215,404