XML 87 R75.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 14 - Air T, Inc. Stockholders' Equity (Details Textual)
12 Months Ended
Mar. 31, 2016
USD ($)
$ / shares
shares
Mar. 31, 2015
$ / shares
shares
May 14, 2014
shares
Common Stock, Shares Authorized 4,000,000 [1] 4,000,000  
Common Stock, Par or Stated Value Per Share | $ / shares $ 0.25 [1] $ 0.25  
Stock Repurchase Program, Number of Shares Authorized to be Repurchased     750,000
Preferred Stock, Shares Authorized 50,000 [1] 50,000  
Preferred Stock, Par or Stated Value Per Share | $ / shares $ 1 [1] $ 1  
Preferred Stock, Shares Issued 0    
Rights Agreement [Member]      
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares $ 0.01    
Other Than Exempt Person [Member]      
Common Stock, Par or Stated Value Per Share | $ / shares $ 85    
Series A Preferred Stock [Member]      
Preferred Stock, Shares Authorized 5,000    
Series B Preferred Stock [Member]      
Preferred Stock, Shares Authorized 5,000    
Preferred Stock, Capital Shares Reserved for Future Issuance 3,000    
Dividends, Preferred Stock | $ $ 1    
Related Dividend Declared in Comparison to Per Share of Common Stock 1,000    
Preferred Stock, Liquidation Preference Per Share | $ / shares $ 100    
Liquidation Payment in Comparison to Per Share of Common Stock 1,000    
Number of Votes Entitled 1,000    
[1] The Consolidated Balance Sheet as of March 31, 2016 has been restated. See Note 1A.