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Stock-based Compensation (Tables)
9 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of activity of stock options

 

  Number of Shares  Weighted Average Exercise Price  Weighted Average Remaining Contract Life in Years  Aggregate Intrinsic Value
Outstanding at March 31, 2012   83,750   $6.42    8.65   $127,363 
Granted   —      —             
Exercised   3,750    4.35           
Forfeited or Expired   —      —             
Outstanding at December 31, 2012   80,000   $6.52    8.27   $—   
                     
Vested at December 30, 2012   30,000   $6.42    8.07   $550 
Exercisable at December 30, 2012   30,000   $6.42    8.07   $550 

Summary of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options granted
   Nine Months Ended
   December 31
   2012  2011
Grant-date fair value   —     $5.69 
Volatility factor   —      85.92%
Dividend yield   —      —   
Risk-free interest rate   —      1.49%
Expected term (in years)   —      7.25 
Options outstanding

 

Range of Exercise Prices  Number of Options  Weighted Average Exercise Price  Weighted Average Remaining Contract Life in Years  Aggregate Intrinsic Value
 $ 6.06 – 6.29    40,000   $6.23           
 6.30 – 6.80    40,000    6.80           
 $ 5.25 – 6.80    80,000   $6.52    8.27   $—