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FAIR VALUE (Tables)
6 Months Ended
Sep. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The carrying amount and estimated fair values of the Company’s financial instruments summarized by level are as follows:

 
September 30, 2017
 
March 31, 2017
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
ASSETS
 
 
 
 
 
 
 
Level 1 inputs
 
 
 
 
 
 
 
Cash and cash equivalents
$
18,780,277

 
$
18,780,277

 
$
15,200,410

 
$
15,200,410

Level 3 inputs
 
 
 
 
 
 
 
Loans receivable, net
739,470,442

 
739,470,442

 
695,700,589

 
695,700,589

LIABILITIES
 
 
 
 
 
 
 
Level 3 inputs
 
 
 
 
 
 
 
Senior notes payable
320,750,000

 
320,750,000

 
295,136,200

 
295,136,200