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Note 4 - Property and Equipment (Tables)

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Table Text Block]

	March 31,
	2013			2012
Furniture, fixtures and improvements	$	5,822,028		$	5,588,358
Flight equipment and rotables		3,203,765			3,202,739
Equipment leased to customers		2,042,776			1,381,727
		11,068,569			10,172,824
Less accumulated depreciation		(7,596,030	)		(7,191,246	)

Property and equipment, net	$	3,472,539		$	2,981,578

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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