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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Jun. 30, 2017
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 recognized during the period
Vesting terms
Three months ended June 30, 2017
Three months ended June 30, 2016
Jun 5, 2013
6
54,337
5.55
Restricted Share Award Agreement
—
7
Three years in equal installments on each anniversary date.
Jul 22, 2014
10
105,189
5.90
Restricted Share Award Agreement
17
49
Three years in equal installments on each anniversary date.
Oct 27, 2015
1
4,429
2.19
Restricted Share Award Agreement
5
1
Three years in equal installments on each anniversary date.
Oct 27, 2015
1
10,871
2.19
Restricted Share Award Agreement
2
5
Three years in equal installments on each of March 31.
May 31, 2016
1
102,301
0.92
Restricted Share Award Agreement
8
5
Three years in equal installments on each anniversary date.