10-Q Filing

AIR T INC CIK: 353184 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000353184-19-000044`
Period End Date	20190930
Filing Date	20191113
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	airt-20190930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 118 Income Statement 129 Cash Flow Statement 106 Stockholders Equity 39 Comprehensive Income 31

Balance Sheet 118 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$408.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$382.00K	USD	Point-in-time
Assets on lease, accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$6.01M	USD	Point-in-time
Assets on lease, accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$6.69M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.42M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.43M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.76M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.23M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.10M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.42M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$123.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$102.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsCurrent`	$1.02M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Restricted investments	`RestrictedInvestmentsCurrent`	$831.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $382 and $408	`AccountsReceivableNetCurrent`	$10.88M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $382 and $408	`AccountsReceivableNetCurrent`	$18.46M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.03M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$142.00K	USD	Point-in-time
Inventories, net	`InventoryNet`	$27.45M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	3.02M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.02M	shares	Point-in-time
Inventories, net	`InventoryNet`	$40.37M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	3.02M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.02M	shares	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.14M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.23M	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$11.60M	USD	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$99.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$71.35M	USD	Point-in-time
Assets on lease, net of accumulated depreciation of $6,007 and $6,689	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$21.02M	USD	Point-in-time
Assets on lease, net of accumulated depreciation of $6,007 and $6,689	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$25.16M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $3,935 and $3,470	`PropertyPlantAndEquipmentNet`	$4.31M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $3,935 and $3,470	`PropertyPlantAndEquipmentNet`	$4.26M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.15M	USD	Point-in-time
Cash surrender value of life insurance policies, net of policy loans	`CashSurrenderValueOfLifeInsurance`	$80.00K	USD	Point-in-time
Cash surrender value of life insurance policies, net of policy loans	`CashSurrenderValueOfLifeInsurance`	$122.00K	USD	Point-in-time
Other tax receivables-long-term	`NotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Other tax receivables-long-term	`NotesAndLoansReceivableNetNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$548.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$781.00K	USD	Point-in-time
Investments in securities	`AvailableForSaleSecuritiesNoncurrent`	$1.09M	USD	Point-in-time
Investments in securities	`AvailableForSaleSecuritiesNoncurrent`	$785.00K	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$4.05M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$5.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$200.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$284.00K	USD	Point-in-time
Intangible assets, net of accumulated amortization of $2,229 and $2,097	`IntangibleAssetsNetExcludingGoodwill`	$998.00K	USD	Point-in-time
Intangible assets, net of accumulated amortization of $2,229 and $2,097	`IntangibleAssetsNetExcludingGoodwill`	$898.00K	USD	Point-in-time
Goodwill	`Goodwill`	$4.23M	USD	Point-in-time
Goodwill	`Goodwill`	$4.23M	USD	Point-in-time
Non-current assets of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Non-current assets of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$1.26M	USD	Point-in-time
Total Assets	`Assets`	$115.14M	USD	Point-in-time
Total Assets	`Assets`	$142.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.41M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$888.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$940.00K	USD	Point-in-time
Advanced customer deposits	`ContractWithCustomerLiabilityCustomerDepositsCurrent`	$10.00M	USD	Point-in-time
Advanced customer deposits	`ContractWithCustomerLiabilityCustomerDepositsCurrent`	$1.52M	USD	Point-in-time
Accrued expenses and other	`AccruedInsuranceCurrent`	$12.31M	USD	Point-in-time
Accrued expenses and other	`AccruedInsuranceCurrent`	$1.38M	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityDeferredIncomeCurrent`	$341.00K	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityDeferredIncomeCurrent`	$295.00K	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	$29.84M	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	$24.73M	USD	Point-in-time
Short-term lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Short-term lease liability	`OperatingLeaseLiabilityCurrent`	$1.13M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.59M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.12M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$45.54M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$32.92M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$6.45M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$597.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.20M	USD	Point-in-time
Total Liabilities	`Liabilities`	$109.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$86.31M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$5.48M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$6.00M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1.00 par value, 50,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value, 50,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.25 par value; 4,000,000 shares authorized, 3,022,745 and 2,022,637 shares issued and outstanding	`CommonStockValue`	$506.00K	USD	Point-in-time
Common stock, $.25 par value; 4,000,000 shares authorized, 3,022,745 and 2,022,637 shares issued and outstanding	`CommonStockValue`	$756.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-205.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-461.00K	USD	Point-in-time
Total Air T, Inc. Stockholders' Equity	`StockholdersEquity`	$26.32M	USD	Point-in-time
Total Air T, Inc. Stockholders' Equity	`StockholdersEquity`	$24.36M	USD	Point-in-time
Non-controlling Interests	`MinorityInterest`	$-1.00M	USD	Point-in-time
Non-controlling Interests	`MinorityInterest`	$1.03M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.99M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.36M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.35M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$115.14M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$142.66M	USD	Point-in-time

Income Statement 129 line items

Line Item	Tag	Value	Unit	Period
Total	`RevenueFromContractWithCustomerExcludingAssessedTax`	$92.69M	USD	2 Qtrs
Total	`RevenueFromContractWithCustomerExcludingAssessedTax`	$97.88M	USD	2 Qtrs
Total	`RevenueFromContractWithCustomerExcludingAssessedTax`	$50.69M	USD	1 Quarter
Total	`RevenueFromContractWithCustomerExcludingAssessedTax`	$40.87M	USD	1 Quarter
Overnight air cargo	`OvernightAirCargo`	$15.35M	USD	1 Quarter
Overnight air cargo	`OvernightAirCargo`	$30.52M	USD	2 Qtrs
Overnight air cargo	`OvernightAirCargo`	$34.23M	USD	2 Qtrs
Overnight air cargo	`OvernightAirCargo`	$17.71M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$15.92M	USD	2 Qtrs
Ground equipment sales	`GroundEquipmentExpense`	$10.36M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$20.09M	USD	2 Qtrs
Ground equipment sales	`GroundEquipmentExpense`	$10.98M	USD	1 Quarter
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$194.00K	USD	2 Qtrs
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$121.00K	USD	1 Quarter
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$160.00K	USD	2 Qtrs
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$49.00K	USD	1 Quarter
Commercial jet engines and parts	`CommercialJetEngineExpense`	$5.66M	USD	1 Quarter
Commercial jet engines and parts	`CommercialJetEngineExpense`	$19.34M	USD	2 Qtrs
Commercial jet engines and parts	`CommercialJetEngineExpense`	$25.78M	USD	2 Qtrs
Commercial jet engines and parts	`CommercialJetEngineExpense`	$11.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.38M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$18.96M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.63M	USD	2 Qtrs
Impairment	`AssetImpairmentCharges`	$7.00K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$10.00K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$14.00K	USD	2 Qtrs
Impairment	`AssetImpairmentCharges`	$21.00K	USD	2 Qtrs
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets`	$4.00K	USD	2 Qtrs
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets`	$-1.00K	USD	1 Quarter
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$50.23M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$96.42M	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$90.88M	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$41.75M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$1.81M	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$466.00K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-879.00K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$1.47M	USD	2 Qtrs
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	-	USD	2 Qtrs
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$395.00K	USD	1 Quarter
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	-	USD	1 Quarter
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$1.21M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.42M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.07M	USD	2 Qtrs
Interest expense	`InterestExpense`	$714.00K	USD	1 Quarter
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$4.53M	USD	2 Qtrs
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	-	USD	1 Quarter
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$4.51M	USD	1 Quarter
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	-	USD	2 Qtrs
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$18.00K	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$14.00K	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$49.00K	USD	2 Qtrs
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$1.98M	USD	2 Qtrs
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$170.00K	USD	2 Qtrs
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-34.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$160.00K	USD	1 Quarter
Income (loss) from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-355.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$133.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$-440.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$354.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$-205.00K	USD	2 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-2.88M	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$866.00K	USD	2 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-200.00K	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-265.00K	USD	2 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.20M	USD	2 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.68M	USD	2 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.08M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.42M	USD	1 Quarter
Income Taxes (Benefit)	`CurrentFederalStateAndLocalTaxExpenseBenefit`	$-668.00K	USD	2 Qtrs
Income Taxes (Benefit)	`CurrentFederalStateAndLocalTaxExpenseBenefit`	$-300.00K	USD	1 Quarter
Income Taxes (Benefit)	`CurrentFederalStateAndLocalTaxExpenseBenefit`	$117.00K	USD	2 Qtrs
Income Taxes (Benefit)	`CurrentFederalStateAndLocalTaxExpenseBenefit`	$-296.00K	USD	1 Quarter
Net income (Loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-779.00K	USD	1 Quarter
Net income (Loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.87M	USD	2 Qtrs
Net income (Loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.12M	USD	1 Quarter
Net income (Loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.56M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-70.00K	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-235.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-648.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-705.00K	USD	2 Qtrs
Gain on sale of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.36M	USD	2 Qtrs
Gain on sale of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.36M	USD	1 Quarter
Gain on sale of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	2 Qtrs
Gain on sale of discontinued operations, net of tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.16M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.43M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.86M	USD	2 Qtrs
Net (income) loss from continuing operations attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.66M	USD	2 Qtrs
Net (income) loss from continuing operations attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$348.00K	USD	2 Qtrs
Net (income) loss from continuing operations attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-106.00K	USD	1 Quarter
Net (income) loss from continuing operations attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$287.00K	USD	1 Quarter
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$7.50M	USD	2 Qtrs
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$-1.32M	USD	1 Quarter
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$5.71M	USD	1 Quarter
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$1.51M	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.22	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.80	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.30	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.30	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.80	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.22	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$2.69	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.21	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.23	USD	2 Qtrs
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$3.14	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$2.68	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.23	USD	2 Qtrs
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.21	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$3.13	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.07M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.07M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.64M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.07M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.07M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.65M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.03M	shares	1 Quarter

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.16M	USD	2 Qtrs
Net income	`ProfitLoss`	$-1.43M	USD	1 Quarter
Net income	`ProfitLoss`	$6.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.86M	USD	2 Qtrs
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-70.00K	USD	2 Qtrs
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-235.00K	USD	1 Quarter
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-648.00K	USD	1 Quarter
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-705.00K	USD	2 Qtrs
Gain on sale of discontinued operations, net of income tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.36M	USD	2 Qtrs
Gain on sale of discontinued operations, net of income tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.36M	USD	1 Quarter
Gain on sale of discontinued operations, net of income tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	2 Qtrs
Gain on sale of discontinued operations, net of income tax	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-779.00K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.87M	USD	2 Qtrs
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.12M	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.08M	USD	2 Qtrs
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$14.00K	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$49.00K	USD	2 Qtrs
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$1.98M	USD	2 Qtrs
Impairment of investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$1.21M	USD	2 Qtrs
Impairment of investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	2 Qtrs
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$4.53M	USD	2 Qtrs
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	-	USD	1 Quarter
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$4.51M	USD	1 Quarter
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	-	USD	2 Qtrs
Gain on settlement of bankruptcy	`GainOnSettlementOfBankruptcy`	$18.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$464.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.78M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.33M	USD	2 Qtrs
Costs and estimated earnings in excess of billings and uncompleted projects	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	-	USD	2 Qtrs
Costs and estimated earnings in excess of billings and uncompleted projects	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-2.01M	USD	2 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$2.98M	USD	2 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$3.13M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.12M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-5.89M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.19M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.12M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.23M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$739.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-359.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-300.00K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-856.00K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$12.21M	USD	2 Qtrs
Net cash provided by (used in) operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-491.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities - continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.40M	USD	2 Qtrs
Net cash provided by (used in) operating activities - discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.09M	USD	2 Qtrs
Net cash provided by (used in) operating activities - discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-532.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.87M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$603.00K	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$187.00K	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$2.01M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$500.00K	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.38M	USD	2 Qtrs
Investment in reinsurance entity	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	2 Qtrs
Investment in reinsurance entity	`PaymentsToAcquireHeldToMaturitySecurities`	$2.00M	USD	2 Qtrs
Capital expenditures related to property & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$575.00K	USD	2 Qtrs
Capital expenditures related to property & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$763.00K	USD	2 Qtrs
Capital expenditures related to assets on lease	`PaymentsRelatedToAssetsOnLease`	$19.15M	USD	2 Qtrs
Capital expenditures related to assets on lease	`PaymentsRelatedToAssetsOnLease`	$17.61M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-346.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$213.00K	USD	2 Qtrs
Net cash used in investing activities - continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-18.53M	USD	2 Qtrs
Net cash used in investing activities - continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.52M	USD	2 Qtrs
Net cash provided by (used in) investing activities - discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-61.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities - discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$20.46M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.93M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.58M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$48.27M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$51.15M	USD	2 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$35.32M	USD	2 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$58.35M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$13.00M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$21.71M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$17.90M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$3.19M	USD	2 Qtrs
Proceeds received from exercise of warrants	`ProceedsFromWarrantExercises`	$5.41M	USD	2 Qtrs
Proceeds received from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Proceeds from life insurance policy loan	`ProceedsFromLifeInsurancePolicies`	$1.90M	USD	2 Qtrs
Proceeds from life insurance policy loan	`ProceedsFromLifeInsurancePolicies`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$41.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.12M	USD	2 Qtrs
Net cash provided by financing activities - continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$12.33M	USD	2 Qtrs
Net cash provided by financing activities - continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$13.26M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.00K	USD	2 Qtrs
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.00K	USD	2 Qtrs
NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.89M	USD	2 Qtrs
NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$558.00K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.07M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.63M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$27.54M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.07M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.63M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$27.54M	USD	Point-in-time
Equipment leased to customers transferred to inventory	`EquipmentLeasedToCustomersTransferredToInventory`	$234.00K	USD	2 Qtrs
Equipment leased to customers transferred to inventory	`EquipmentLeasedToCustomersTransferredToInventory`	$18.71M	USD	2 Qtrs
Issuance of Debt - Trust Preferred Securities	`NotesIssued1`	$4.00M	USD	2 Qtrs
Issuance of Debt - Trust Preferred Securities	`NotesIssued1`	-	USD	2 Qtrs
Issuance of warrant liability	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	-	USD	2 Qtrs
Issuance of warrant liability	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$-840.00K	USD	1 Quarter
Issuance of warrant liability	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$-840.00K	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.99M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.35M	USD	Point-in-time
Net income (loss)*	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.36M	USD	1 Quarter
Net income (loss)*	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$3.82M	USD	1 Quarter
Net income (loss)*	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$5.70M	USD	1 Quarter
Net income (loss)*	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.78M	USD	1 Quarter
Reclassification of unrealized loss on marketable securities, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$48.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$23.00K	USD	2 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$41.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$79.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$18.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$73.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$126.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$23.00K	USD	1 Quarter
Issuance of Debt - Trust Preferred Securities	`StockholdersEquityIssuanceOfDebt`	$4.00M	USD	1 Quarter
Issuance of Warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	-	USD	2 Qtrs
Issuance of Warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$-840.00K	USD	1 Quarter
Issuance of Warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$-840.00K	USD	2 Qtrs
Unrealized loss on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.00K	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-88.00K	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-176.00K	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.00K	USD	2 Qtrs
Unrealized loss on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-264.00K	USD	2 Qtrs
Adjustment to fair value of redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-781.00K	USD	1 Quarter
Adjustment to fair value of redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-203.86K	USD	2 Qtrs
Adjustment to fair value of redeemable non-controlling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$985.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$20.99M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.35M	USD	Point-in-time

Comprehensive Income 31 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.16M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.43M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.86M	USD	2 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$48.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$23.00K	USD	2 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$41.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$79.00K	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-88.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-176.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.00K	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-264.00K	USD	2 Qtrs
Total Other Comprehensive Income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-241.00K	USD	2 Qtrs
Total Other Comprehensive Income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$108.00K	USD	2 Qtrs
Total Other Comprehensive Income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$61.00K	USD	1 Quarter
Total Other Comprehensive Income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-47.00K	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.92M	USD	2 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.96M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.37M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.96M	USD	2 Qtrs
Comprehensive (Income) Loss Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$373.00K	USD	2 Qtrs
Comprehensive (Income) Loss Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$290.00K	USD	1 Quarter
Comprehensive (Income) Loss Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-98.00K	USD	1 Quarter
Comprehensive (Income) Loss Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.67M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$7.24M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$5.67M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$-1.27M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$1.59M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.