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Deferred Costs
12 Months Ended
Mar. 31, 2014
Disclosure Text Block [Abstract]  
Deferred Costs [Text Block]

NOTE 6 – Deferred Costs

The components of deferred costs and their periods of amortization from operating assets are as follows:

   March 31,   
   2014 2013Period 
           
 Financing costs $ 590,065 $ 576,115 10 through 50 years 
 Less: Accumulated amortization   (291,252)   (257,455)   
           
   $ 298,813 $ 318,660   

Amortization expense for the years ended March 31, 2014 and 2013 amounted to $33,796 and $33,801, respectively. Amortization expense for each of the next five years will approximate $33,000.

Amortization expense from discontinued operations for the years ended March 31, 2014 and 2013 amounted to $0 and $4,817, respectively.