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ACCRUED EXPENSES (Details) - USD ($)
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
ACCRUED EXPENSES    
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
Provision for estimated customer purchase agreement losses 500,000 $ 2,700,000
Netting adjustment for accumulated costs in work-in-progress 800,000  
Provision for loss on accounts receivable $ 1,100,000