OTHER CURRENT ASSETS (Details) (USD $)	Mar. 31, 2014	Mar. 31, 2013
OTHER CURRENT ASSETS
Payments advanced to suppliers	$ 196,534	$ 267,513
Prepaid insurance	229,727	187,086
Collateral deposits		1,032,348
Deferred loan costs, net of amortization		57,930
Other	34,984	33,607
Total	$ 461,245	$ 1,578,484

For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain.

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Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment within one year or during the operating cycle, if shorter.

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Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer).

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Amount of asset related to consideration paid in advance for insurance that provides economic benefits within a future period of one year or the normal operating cycle, if longer.

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