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Note 4 - Net Earnings (Loss) Per Share (As Restated) (Tables) | 3 Months Ended
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Jun. 30, 2016
Notes Tables |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | Three Months Ended June 30, |
|  | 2016 |  |  | 2015 |
|  | (As Restated)* |  |  |  |  |
Net loss attributable to Air T, Inc. Stockholders as previously stated |  | $ | (3,676,302 | ) |  | $ | (736,040 | )
Net loss attributable to Air T, Inc. Stockholders as restated |  | $ | (5,751,471 | ) |  | $ | (736,040 | )
Loss Per Share: |  |  |  |  |  |  |  |
Basic, as previously stated |  | $ | (1.55 | ) |  | $ | (0.31 | )
Basic, as restated |  | $ | (2.42 | ) |  | $ | (0.31 | )
Diluted, as previously stated |  | $ | (1.55 | ) |  | $ | (0.31 | )
Diluted, as restated |  | $ | (2.42 | ) |  | $ | (0.31 | )
Weighted Average Shares Outstanding: |  |  |  |  |  |  |  |
Basic |  |  | 2,372,527 |  |  |  | 2,372,527 |
Diluted |  |  | 2,372,527 |  |  |  | 2,372,527 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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