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Subsequent Events | 12 Months Ended
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Mar. 31, 2016
Subsequent Events [Abstract] |
Subsequent Events | 17. Subsequent Events In connection with Barnett Shale Fort Worth Basin royalties owned by the Company, the Company has been advised that settlement of a lawsuit for underpayment of royalties has been reached with the defendants, Chesapeake Energy Corporation and Total E&P USA resulting in an expected payment of $154,289 by September 1, 2016 of which $123,394 is payable in cash and a promissory note in the principal amount of $30,894, interest free, due in three years and payable by Chesapeake.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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