Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Policies [Abstract]

Reconciliation of basic and diluted net (loss) income per share

The following presents a reconciliation of basic and diluted net income (loss) per share.

	Years Ended March 31,
	2015		2014		2013
Income from continuing operations	$	11,453,000	$	6,482,000	$	14,558,000
Income (loss) from discontinued operations		-		100,877,000		(106,069,000	)
Net income (loss)	$	11,453,000	$	107,359,000	$	(91,511,000	)

Basic shares		16,734,539		14,633,946		14,327,310
Effect of dilutive stock options and warrants		871,401		683,985		58,205
Diluted shares		17,605,940		15,317,931		14,385,515
Net income (loss) per share:
Basic net income per share from continuing operations	$	0.68	$	0.45	$	1.01
Basic net income (loss) per share from discontinued operations		-		6.89		(7.40	)
Basic net income (loss) per share	$	0.68	$	7.34	$	(6.39	)

Diluted net income per share from continuing operations	$	0.65	$	0.42	$	1.01
Diluted net income (loss) per share from discontinued operations		-		6.59		(7.37	)
Diluted net income (loss) per share	$	0.65	$	7.01	$	(6.36	)

Black-Scholes option pricing model assumptions used to derive weighted average fair value of stock options granted

The table below summarizes the Black-Scholes option pricing model assumptions used to derive the weighted average fair value of the stock options granted during the periods noted.

	Years Ended March 31,
	2015			2014			2013
Weighted average risk free interest rate		1.75	%		1.88	%		1.17	%
Weighted average expected holding period (years)		5.01			5.89			6.60
Weighted average expected volatility		46.02	%		48.15	%		44.25	%
Weighted average expected dividend yield		-			-			-
Weighted average fair value of options granted	$	9.65		$	5.16		$	2.92