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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Dec. 31, 2015
Stockholders' Equity Note [Abstract]  
Schedule of share-based compensation awards
The following table summarizes shares issued to officers under employment agreements and restricted stock agreements from time to time.

Date issued
No. of Officers Covered
No. of Shares
Share Price
Reference
Expense
Vesting
Three months ended December 31, 2015
Three months ended December 31, 2014
Nine months ended December 31, 2015
Nine months ended December 31, 2014
Apr 11, 2012
2
45,754
8.68
Restricted Share Award Agreement
—
33
—
99
Three years in equal installments on each anniversary date.
Feb 22, 2013
4
32,387
5.96
Restricted Share Award Agreement
—
23
—
68
Two years in equal installments on each anniversary date.
Jun 5, 2013
6
54,337
5.55
Restricted Share Award Agreement
40
26
91
76
Three years in equal installments on each anniversary date.
Jul 22, 2014
10
105,189
5.90
Restricted Share Award Agreement
129
60
263
94
Three years in equal installments on each anniversary date.
Oct 27, 2015
1
4,429
2.19
Restricted Share Award Agreement
1
—
1
—
Three years in equal installments on each anniversary date.
Oct 27, 2015
1
10,871
2.19
Restricted Share Award Agreement
1
—
1
—
Three years in equal installments on each of March 31.