v2.4.0.6

Note 2. Property, Plant And Equipment. (Tables)

3 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Table Text Block]

	Estimated Useful Life				June 30, 2012				March 31, 2012
Land		-			$	1,914,808			$	1,914,808
Office buildings & warehouses	10	-	40			729,690				729,690
Improvements	20	-	40			628,049				628,049
Dock	20	-	40			3,675,065				3,675,065
Tanks, racks and piping	20	-	40			10,217,435				9,696,197
Equipment		5				26,158				16,119
Office equipment, software, packaging equipment & tools	5	-	7			408,993				408,993
Construction in process						2,372,458				1,053,052
Total property, plant and equipment						19,972,656				18,121,973
Less: accumulated depreciation						(1,851,977	)			(1,648,299	)
Property, plant and equipment, net					$	18,120,679			$	16,473,674

X

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration