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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net income (loss) $ (4,944,186) $ 3,757,957
Other Comprehensive Loss:    
Foreign currency translation loss (309,680) (78,004)
Unrealized net gains (losses) on marketable securities (1,779,017) 23,182
Tax effect of unrealized net (gains) losses on marketable securities 640,446 (8,346)
Total unrealized net gain (loss) on marketable securities, net of tax (1,138,571) 14,836
Reclassification of other-than-temporary impairment losses on investments, net of gains on sale of marketable securities, included in income (loss) before income taxes 2,179,155 49,720
Tax effect of reclassification (784,446) (17,899)
Reclassification adjustment, net of tax 1,394,709 31,821
Total Other Comprehensive Loss (53,542) (31,347)
Total Comprehensive Income (Loss) (4,997,728) 3,726,610
Comprehensive Loss Attributable to Non-controlling Interests 1,712,660 681,694
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders $ (3,285,068) $ 4,408,304