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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Investment income:      
Interest $ 2,078,000 $ 1,980,180 $ 1,364,138
Dividends 8,093,000 6,720,441 5,432,271
Management fees and other income 664,000 634,000 772,000
Revenues total 10,835,000 9,334,000 7,568,000
Operating expenses:      
Salaries 5,113,000 3,653,000 3,089,000
Stock option and restricted awards expense 515,000 1,050,000 957,000
Net pension benefit (34,000) (300,000) (291,000)
Professional fees 1,133,000 990,000 819,000
Other operating expenses 1,611,000 1,279,000 1,064,000
Total operating expenses 8,338,000 6,672,000 5,638,000
Income before income taxes 2,497,000 2,662,000 1,930,000
Income tax expense 590,000 118,000 126,000
Net investment income 1,907,000 2,544,000 1,804,000
Proceeds from disposition of investments 99,542,000 32,454,000 77,750,000
Cost of investments sold 9,984,000 20,627,000 14,287,000
Realized gain on investments before income tax 89,557,814 11,826,876 63,462,583
Income tax expense 1,125,000 1,249,000 24,578,000
Net realized gain on investments 88,433,000 10,578,000 38,885,000
Net increase in unrealized appreciation of investments 16,367,000 78,635,000 12,999,000
Net realized and unrealized gain on investments 104,800,000 89,213,000 51,884,000
Increase in net assets from operations $ 106,707,000 $ 91,757,000 $ 53,688,000