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NOTES PAYABLE AND CAPITAL LEASE (Details Textual)
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12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
EUR (€)
|
Mar. 31, 2012
USD ($)
|
Mar. 31, 2013
GCP Note [Member]
USD ($)
|
Mar. 31, 2012
GCP Note [Member]
USD ($)
|
Dec. 31, 2009
GCP Note [Member]
|
Mar. 31, 2013
Keltic Facility [Member]
USD ($)
|
Aug. 31, 2011
Keltic Facility [Member]
USD ($)
|
Mar. 31, 2013
Irish Bank [Member]
USD ($)
|
Mar. 31, 2013
Irish Bank [Member]
EUR (€)
|
Mar. 31, 2013
Frost Gamma Investments Trust [Member]
USD ($)
|
Mar. 31, 2013
Mark E Andrews Iii [Member]
USD ($)
|
Mar. 31, 2013
Affiliate Of Richard J Lampen [Member]
USD ($)
|
Mar. 31, 2013
Second Amendment [Member]
USD ($)
|
Mar. 31, 2013
Second Amendment [Member]
Keltic Facility [Member]
USD ($)
|
Mar. 31, 2012
Second Amendment [Member]
Keltic Facility [Member]
USD ($)
|
Mar. 31, 2013
Participation Agreement [Member]
Keltic Facility [Member]
USD ($)
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| Debt Instrument, Interest Rate At Period End | 5.00% | ||||||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2020 | ||||||||||||||||
| Other Accrued Liabilities, Noncurrent | $ 10,579 | $ 10,579 | |||||||||||||||
| Notes Payable, Noncurrent | 211,580 | 211,580 | 211,580 | 211,580 | |||||||||||||
| Line Of Credit Facility, Maximum Borrowing Capacity | 7,000,000 | 5,000,000 | 448,571 | 350,000 | 8,000,000 | ||||||||||||
| Line Of Credit Facility, Interest Rate Description | The facility interest rate is the rate that, when annualized, is the greatest of (a) the Prime Rate plus 3.25%, (b) the LIBOR Rate plus 5.75%, and (c) 6.50%. | ||||||||||||||||
| Debt Instrument, Debt Default, Description Of Violation Or Event Of Default | After the occurrence and during the continuance of any "Default" or "Event of Default" (as defined under the Loan Agreement) the Borrower is required to pay interest at a rate that is 3.25% per annum above the then applicable Term Loan interest rate. The Borrower is required to pay down the principal balance of the Term Loan within 15 banking days from the completion of a bottling run of bourbon from the bourbon inventory stock purchased on or about the date of the Term Loan in an amount equal to the purchase price of such bourbon. The unpaid principal balance of the Term Loan, all accrued and unpaid interest thereon, all fees, costs and expenses payable in connection with the Term Loan are due and payable in full on the Maturity Date. | ||||||||||||||||
| Line Of Credit Facility, Commitment Fee Amount | 40,000 | 70,000 | |||||||||||||||
| Long-Term Line Of Credit, Noncurrent | 6,501,321 | 3,849,831 | 6,501,321 | 3,849,831 | |||||||||||||
| Debt Instrument, Interest Rate During Period | 11.00% | ||||||||||||||||
| Line Of Credit Facility, Borrowing Capacity, Description | The borrowing base equals (a) up to 85% of the aggregate amount of the Borrower’s "Eligible Receivables" (as defined in the Loan Agreement), plus (b) the least of (i) 50% of the "Value" (as defined in the Loan Agreement) of the Borrower’s "Eligible Inventory" (as defined in the Loan Agreement), (ii) $3,500,000 and (iii) 60% of the Borrowing Capacity (as defined in the Loan Agreement) at such time, less (c) the aggregate amount of all Reserves (as defined in the Loan Agreement) in effect at such time. | ||||||||||||||||
| Line Of Credit Facility, Covenant Compliance | The Loan Agreement includes negative covenants that, among other things, restrict the Borrower's ability to create additional indebtedness, dispose of properties, incur liens, and make distributions or cash dividends. | ||||||||||||||||
| Annual Facility Fee Receivable Description | annual facility fee in an amount equal to 1% per annum of the maximum facility amount and a collateral management fee of $1,000 per month (increased to $2,000 after the occurrence of and during the continuance of an Event of Default). | ||||||||||||||||
| Line Of Credit, Current | 89,407 | 69,761 | 0 | ||||||||||||||
| Line Of Credit Facility, Interest Rate During Period | 1.70% | 1.70% | |||||||||||||||
| Term Loan | 2,496,000 | 0 | 500,000 | 50,000 | 50,000 | 2,500,000 | 750,000 | ||||||||||
| Commitment Fee Payable | 45,000 | ||||||||||||||||
| Commitment Fee Annual Installment Amount | $ 15,000 | ||||||||||||||||
| Term Loan Interest Rate Description | The Term Loan interest rate is the rate that, when annualized, is the greatest of (a) the Prime Rate plus 4.25%, (b) the LIBOR Rate plus 6.75% and (c) 7.50%. Interest is payable monthly in arrears, on the first day of every month on the average daily unpaid principal amount of the Term Loan. | ||||||||||||||||