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INCOME TAXES (Details) (USD $)
9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
INCOME TAXES [Abstract]    
Annual distribution minimum (in hundredths) 90.00%  
Ordinary dividends declared and paid $ 3,025,032 $ 3,003,030
Federal excise tax (in hundredths) 4.00%  
Minimum distribution to avoid excise tax (in hundredths) 98.00%  
Investment company ordinary taxable income, Maximum (in hundredths) 100.00% 100.00%
Federal tax rate (in hundredths) 35.00%  
Distributed net capital gains $ 17.59  
Net long term unrealized capital gains, tax basis 3,214,547 3,568,376
Net long-term capital gains, book basis 2,319,012 4,465,088
Long term capital gains federal taxes $ 1,125,092 $ 1,248,932
Period expected to maintain regulated investment company status longer than one year