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COMMITMENTS
12 Months Ended
Mar. 31, 2013
COMMITMENTS [Abstract]  
COMMITMENTS
9. 
COMMITMENTS

As of March 31, 2013, we had agreed, subject to certain conditions, to invest up to $13,776,042 in eight portfolio companies.

We lease office space under an operating lease which requires base rentals of approximately $200,000 through September 2014. For the three years ended March 31, 2013, total rental expense charged to investment income was $141,155 in 2013, $117,199 in 2012, and $103,703 in 2011.