ACCRUED EXPENSES (Tables)

12 Months Ended

Mar. 31, 2015

ACCRUED EXPENSES

Schedule of accrued expenses

Accrued expenses included the following as of March 31:	2015		2014
Accrued compensation	$	613,838	$	320,419
Interest rate swaps market value		--		231,783
Provision for contract losses		533,799		3,259,103
Accrued interest expense		436,787		--
Other		81,234		81,723
Total	$	1,665,658	$	3,893,028