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NOTES PAYABLE (Details Textual)
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6 Months Ended | 3 Months Ended | 6 Months Ended | 6 Months Ended | 6 Months Ended | 6 Months Ended | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Sep. 30, 2013
USD ($)
|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
EUR (€)
|
Sep. 30, 2013
GCP Note [Member]
USD ($)
|
Mar. 31, 2013
GCP Note [Member]
USD ($)
|
Dec. 31, 2009
GCP Note [Member]
USD ($)
|
Sep. 30, 2013
Keltic Facility [Member]
|
Sep. 30, 2013
Keltic Facility [Member]
USD ($)
|
Jul. 31, 2012
Keltic Facility [Member]
USD ($)
|
Aug. 31, 2011
Keltic Facility [Member]
USD ($)
|
Sep. 30, 2013
Irish Bank [Member]
USD ($)
|
Sep. 30, 2013
Irish Bank [Member]
EUR (€)
|
Sep. 30, 2013
Bourbon Term Loan [Member]
USD ($)
|
Sep. 30, 2013
Junior Loan [Member]
USD ($)
|
Sep. 30, 2013
Frost Gamma Investments Trust [Member]
USD ($)
|
Sep. 30, 2013
Frost Gamma Investments Trust [Member]
Junior Loan [Member]
USD ($)
|
Sep. 30, 2013
Mark E Andrews Iii [Member]
USD ($)
|
Sep. 30, 2013
Mark E Andrews Iii [Member]
Junior Loan [Member]
USD ($)
|
Sep. 30, 2013
Affiliate Of Richard J Lampen [Member]
USD ($)
|
Sep. 30, 2013
Affiliate Of Richard J Lampen [Member]
Junior Loan [Member]
USD ($)
|
Sep. 30, 2013
Second Amendment [Member]
Keltic Facility [Member]
USD ($)
|
Mar. 31, 2013
Second Amendment [Member]
Keltic Facility [Member]
USD ($)
|
Sep. 30, 2013
Second Amendment [Member]
Bourbon Term Loan [Member]
|
Sep. 30, 2013
Participation Agreement [Member]
Keltic Facility [Member]
USD ($)
|
Sep. 30, 2013
Amendment Agreement [Member]
Bourbon Term Loan [Member]
USD ($)
|
|
| Debt Instrument, Interest Rate At Period End | 5.00% | ||||||||||||||||||||||||
| Other Accrued Liabilities, Noncurrent | $ 5,289 | $ 10,579 | |||||||||||||||||||||||
| Notes Payable, Noncurrent | 216,869 | 211,580 | 216,869 | 211,580 | 211,580 | ||||||||||||||||||||
| Line Of Credit Facility, Maximum Borrowing Capacity | 7,000,000 | 5,000,000 | 408,946 | 302,476 | 8,000,000 | ||||||||||||||||||||
| Line Of Credit Facility, Interest Rate Description | 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%. | 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%. | |||||||||||||||||||||||
| 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 Keltic Facility interest rate. | 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 Bourbon Term Loan interest rate. The Borrower is required to pay down the principal balance of the Bourbon 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 Bourbon Term Loan in an amount equal to the purchase price of such bourbon. The unpaid principal balance of the Bourbon Term Loan, all accrued and unpaid interest thereon, all fees, costs and expenses payable in connection with the Bourbon Term Loan are due and payable in full on December 31, 2016. | |||||||||||||||||||||||
| Line Of Credit Facility, Commitment Fee Amount | 40,000 | 70,000 | |||||||||||||||||||||||
| Long-Term Line Of Credit, Noncurrent | 6,733,352 | 6,501,321 | |||||||||||||||||||||||
| Debt Instrument, Interest Rate During Period | 11.00% | 6.50% | |||||||||||||||||||||||
| Line Of Credit Facility, Covenant Compliance | The loan agreement includes negative covenants that, among other things, restrict the Borrowers 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 revolving 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 | 220,102 | 89,407 | 69,761 | ||||||||||||||||||||||
| Line Of Credit Facility, Interest Rate During Period | 1.70% | 1.70% | |||||||||||||||||||||||
| Line Of Credit Facility Additional Interest Rate During Period | 3.25% | ||||||||||||||||||||||||
| Term Loan | 2,432,950 | 2,496,000 | 500,000 | 50,000 | 50,000 | 750,000 | |||||||||||||||||||
| Commitment Fee Payable | 45,000 | ||||||||||||||||||||||||
| Commitment Fee Annual Installment Amount | 15,000 | ||||||||||||||||||||||||
| Unsecured debt | 1,250,000 | 200,000 | 50,000 | 50,000 | |||||||||||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 11.00% | ||||||||||||||||||||||||
| Percentage Of Funding Fee | 2.00% | ||||||||||||||||||||||||
| Debt Instrument, Maturity Date | Oct. 15, 2015 | ||||||||||||||||||||||||
| Long-term Debt, Gross | $ 2,500,000 | $ 4,000,000 | |||||||||||||||||||||||