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COMMITMENTS
12 Months Ended
Mar. 31, 2012
COMMITMENTS [Abstract]  
COMMITMENTS
9.           COMMITMENTS

As of March 31,2012, we had agreed, subject to certain conditions, to invest up to $8,608,215 in eight portfolio companies.

We lease office space under an operating lease which requires base annual rentals of approximately $133,000 through September 2014. For the three years ended March 31, 2012, total rental expense charged to investment income was $117,199 in 2012, $103,703 in 2011, and $92,075 in 2010.