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Note 5 - Net Earnings Per Share (As Restated) (Tables)
6 Months Ended
Sep. 30, 2016
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
Three Months Ended September 30,
   
Six Months Ended September 30,
 
   
2016
   
2015
   
2016
   
2015
 
   
(As Restated)*
           
(As Restated)*
         
                                 
Net earnings attributable to Air T, Inc. Stockholders, as previously stated
  $
1,068,549
    $
3,793,960
    $
(2,607,753
)   $
3,057,920
 
Net earnings attributable to Air T, Inc. Stockholders, as restated
  $
1,084,102
    $
3,793,960
    $
(4,667,369
)   $
3,057,920
 
Loss Per Share:
                               
Basic, as previously stated
  $
0.52
    $
1.60
    $
(1.18
)   $
1.29
 
Basic, as restated
  $
0.53
    $
1.60
    $
(2.11
)   $
1.29
 
Diluted, as previously stated
  $
0.52
    $
1.58
    $
(1.18
)   $
1.28
 
Diluted, as restated
  $
0.53
    $
1.58
    $
(2.11
)   $
1.28
 
Weighted Average Shares Outstanding:
                               
Basic
   
2,042,789
     
2,372,527
     
2,207,658
     
2,372,527
 
Diluted
   
2,047,976
     
2,397,163
     
2,207,658
     
2,396,460