EQUITY METHOD INVESTMENTS (Tables)

12 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

Summarized audited financial information for the Company's equity method investees for the twelve months ended December 31, 2019 and December 31, 2018 are as follows (in thousands):

	Twelve Months Ended December 31, 2019		Twelve Months Ended December 31, 2018
Revenue	$	108,751	$	135,345
Gross Profit	7,570		22,734
Operating income (loss)	(2,653)		3,340
Net income (loss)	(3,645)		2,486
Net income attributable to Air T, Inc. stockholders	$	(887)	$	391