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Consolidated Statements of Income (Loss) - USD ($)
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Revenues:    
Operating Revenues $ 148,471,659 $ 148,211,938
Operating Expenses:    
Overnight air cargo 61,661,072 59,587,142
Ground equipment sales 24,350,264 38,060,345
Ground support services 25,089,412 20,752,753
Printing equipment and maintenance 9,490,906 3,611,024
Commercial jet engines and parts 4,501,030
Leasing 49,460
Research and development 1,042,496 777,942
General and administrative 22,180,477 18,139,830
Depreciation, amortization and impairment 3,181,845 1,257,207
Loss (gain) on sale of property and equipment 25,470 (5,968)
151,572,432 142,180,275
Operating Income (Loss) (3,100,773) 6,031,663
Non-operating Income (Loss):    
Gain on sale of marketable securities 576,162 49,720
Foreign currency gain, net 286,596 79,654
Other-than-temporary impairment losses on investments (2,755,318)
Other investment income, net 1,345,798 73,115
Interest expense and other (571,651) (80,743)
(1,118,413) 121,746
Income (Loss) Before Income Taxes (4,219,186) 6,153,409
Income Taxes 725,000 2,395,452
Net Income (Loss) (4,944,186) 3,757,957
Net Loss Attributable to Non-controlling Interests 1,730,647 655,953
Net Income (Loss) Attributable to Air T, Inc. Stockholders $ (3,213,539) $ 4,413,910
Earnings (Loss) Per Share:    
Basic (in dollars per share) $ (1.51) $ 1.86
Diluted (in dollars per share) $ (1.51) $ 1.84
Weighted Average Shares Outstanding:    
Basic (in shares) 2,125,224 2,372,527
Diluted (in shares) 2,125,224 2,396,824
Overnight Air Cargo [Member]    
Operating Revenues:    
Operating Revenues $ 69,558,334 $ 68,226,891
Ground Equipment Sales [Member]    
Operating Revenues:    
Operating Revenues 31,447,408 51,175,818
Ground Support Services [Member]    
Operating Revenues:    
Operating Revenues 30,453,246 24,834,616
Printing Equipment and Maintenance [Member]    
Operating Revenues:    
Operating Revenues 9,019,155 3,954,797
Commercial Jet Engines Inventory [Member]    
Operating Revenues:    
Operating Revenues 7,455,797
Leasing [Member]    
Operating Revenues:    
Operating Revenues $ 537,719 $ 19,816