10-Q Filing

AIR T INC CIK: 353184 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-002635`
Period End Date	20181231
Filing Date	20190214
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	airt-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 124 Income Statement 132 Cash Flow Statement 125 Stockholders Equity 47 Comprehensive Income 53

Balance Sheet 124 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivlalents	`CashAndCashEquivalentsAtCarryingValue`	$4.80M	USD	Point-in-time
Cash and cash equivlalents	`CashAndCashEquivalentsAtCarryingValue`	$2.73M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$2.46M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$290.45K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$269.66K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$907.49K	USD	Point-in-time
Cash and cash equivlalents	`CashAndCashEquivalentsAtCarryingValue`	$4.80M	USD	Point-in-time
Cash and cash equivlalents	`CashAndCashEquivalentsAtCarryingValue`	$2.73M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsCurrent`	$135.29K	USD	Point-in-time
Accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$739.61K	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsCurrent`	$1.24M	USD	Point-in-time
Accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$801.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$17.88M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$17.88M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.16M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.16M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted projects	`ContractWithCustomerAssetNetCurrent`	$2.01M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.46M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted projects	`ContractWithCustomerAssetNetCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.68M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.56M	USD	Point-in-time
Asset on lease, accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$1.63M	USD	Point-in-time
Asset on lease, accumulated depreciation	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$4.93M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.94M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.36M	USD	Point-in-time
Inventories, net	`InventoryNet`	$34.23M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.72M	USD	Point-in-time
Inventories, net	`InventoryNet`	$39.59M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$658.63K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.30M	USD	Point-in-time
Other tax receivables - long term	`NotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Other tax receivables - long term	`NotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$1.79M	USD	Point-in-time
Intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$1.96M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.68M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$71.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.18M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$61.67M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$23.00K	USD	Point-in-time
Investments in securities	`AvailableForSaleSecuritiesNoncurrent`	$1.03M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$23.00K	USD	Point-in-time
Investments in securities	`AvailableForSaleSecuritiesNoncurrent`	$356.01K	USD	Point-in-time
Assets on lease, net of accumulated depreciation of $4,932,576 and $1,625,237	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$15.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.15M	USD	Point-in-time
Assets on lease, net of accumulated depreciation of $4,932,576 and $1,625,237	`PropertySubjectToOrAvailableForOperatingLeaseNet`	$26.92M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $5,356,017 and $4,722,016	`PropertyPlantAndEquipmentNet`	$4.61M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $5,356,017 and $4,722,016	`PropertyPlantAndEquipmentNet`	$4.90M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Cash surrender value of life insurance policies, net of policy loans	`CashSurrenderValueOfLifeInsurance`	$2.36M	USD	Point-in-time
Cash surrender value of life insurance policies, net of policy loans	`CashSurrenderValueOfLifeInsurance`	$562.43K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Other tax receivables-long-term (Delphax $311,000 and $311,000)*	`NotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Other tax receivables-long-term (Delphax $311,000 and $311,000)*	`NotesAndLoansReceivableNetNoncurrent`	$311.00K	USD	Point-in-time
Investments in funds	`InvestmentsInFundsNoncurrent`	$278.71K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Investments in funds	`InvestmentsInFundsNoncurrent`	$324.85K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.02M	shares	Point-in-time
Equity method investments	`EquityMethodInvestments`	$5.67M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$5.03M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.04M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.02M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$598.01K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.04M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$420.98K	USD	Point-in-time
Intangible assets, net of accumulated amortization of $2,081,004 and $1,788,598	`IntangibleAssetsNetExcludingGoodwill`	$1.31M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $2,081,004 and $1,788,598	`IntangibleAssetsNetExcludingGoodwill`	$1.27M	USD	Point-in-time
Goodwill	`Goodwill`	$4.42M	USD	Point-in-time
Goodwill	`Goodwill`	$4.42M	USD	Point-in-time
Total Assets	`Assets`	$116.90M	USD	Point-in-time
Total Assets	`Assets`	$97.15M	USD	Point-in-time
Accounts payable (Delphax $2,163,424 and $2,145,847)*	`AccountsPayableCurrent`	$10.96M	USD	Point-in-time
Accounts payable (Delphax $2,163,424 and $2,145,847)*	`AccountsPayableCurrent`	$10.18M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$23.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$23.00K	USD	Point-in-time
Accrued expenses (Delphax $3,127,229 and $3,244,514)*	`AccruedLiabilitiesCurrent`	$11.74M	USD	Point-in-time
Accrued expenses (Delphax $3,127,229 and $3,244,514)*	`AccruedLiabilitiesCurrent`	$12.15M	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	$33.44M	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	$9.23M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$56.57M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$31.18M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$33.36M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$38.86M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$92.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$641.08K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$785.80K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$70.91M	USD	Point-in-time
Total Liabilities	`Liabilities`	$91.59M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$3.00M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$1.99M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`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, 2,024,331 and 2,043,607 shares issued and outstanding	`CommonStockValue`	$506.08K	USD	Point-in-time
Common stock, $.25 par value; 4,000,000 shares authorized, 2,024,331 and 2,043,607 shares issued and outstanding	`CommonStockValue`	$510.90K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-120.28K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-260.90K	USD	Point-in-time
Total Air T, Inc. Stockholders' Equity	`StockholdersEquity`	$25.12M	USD	Point-in-time
Total Air T, Inc. Stockholders' Equity	`StockholdersEquity`	$23.28M	USD	Point-in-time
Non-controlling Interests	`MinorityInterest`	$-958.22K	USD	Point-in-time
Non-controlling Interests	`MinorityInterest`	$-874.77K	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.16M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.15M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.37M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.16M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.32M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$97.15M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$116.90M	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Operating Revenues	`Revenues`	$63.62M	USD	1 Quarter
Operating Revenues	`Revenues`	$44.50M	USD	1 Quarter
Operating Revenues	`Revenues`	$141.06M	USD	3 Qtrs
Operating Revenues	`Revenues`	$173.83M	USD	3 Qtrs
Overnight air cargo	`OvernightAirCargo`	$46.02M	USD	3 Qtrs
Overnight air cargo	`OvernightAirCargo`	$15.54M	USD	1 Quarter
Overnight air cargo	`OvernightAirCargo`	$46.82M	USD	3 Qtrs
Overnight air cargo	`OvernightAirCargo`	$16.29M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$13.76M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$10.58M	USD	1 Quarter
Ground equipment sales	`GroundEquipmentExpense`	$28.61M	USD	3 Qtrs
Ground equipment sales	`GroundEquipmentExpense`	$29.68M	USD	3 Qtrs
Ground support services	`GroundSupportExpenses`	$7.34M	USD	1 Quarter
Ground support services	`GroundSupportExpenses`	$22.93M	USD	3 Qtrs
Ground support services	`GroundSupportExpenses`	$7.10M	USD	1 Quarter
Ground support services	`GroundSupportExpenses`	$21.74M	USD	3 Qtrs
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$94.73K	USD	1 Quarter
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$265.05K	USD	1 Quarter
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$289.16K	USD	3 Qtrs
Printing equipment and maintenance	`PrintingEquipmentAndMaintenanceExpense`	$2.85M	USD	3 Qtrs
Commercial jet engines and parts	`CommercialJetEngineExpense`	$2.14M	USD	1 Quarter
Commercial jet engines and parts	`CommercialJetEngineExpense`	$12.27M	USD	1 Quarter
Commercial jet engines and parts	`CommercialJetEngineExpense`	$15.53M	USD	3 Qtrs
Commercial jet engines and parts	`CommercialJetEngineExpense`	$38.05M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$195.65K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$21.11M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.03M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$768.66K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.52M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.25M	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$27.82K	USD	3 Qtrs
Impairment	`AssetImpairmentCharges`	$46.93K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$220.96K	USD	3 Qtrs
Impairment	`AssetImpairmentCharges`	$7.12K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$-16.65K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$-10.80K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$-10.80K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnDispositionOfAssets`	$-17.74K	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$43.95M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$137.82M	USD	3 Qtrs
OperatingExpenses	`OperatingExpenses`	$62.16M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$171.38M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.46M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$3.24M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$2.45M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$551.68K	USD	1 Quarter
Gain on sale of marketable securities	`MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments`	$81.39K	USD	1 Quarter
Gain on sale of marketable securities	`MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments`	$72.14K	USD	1 Quarter
Gain on sale of marketable securities	`MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments`	$72.14K	USD	3 Qtrs
Gain on sale of marketable securities	`MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments`	$81.39K	USD	3 Qtrs
Foreign currency loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-260.90K	USD	3 Qtrs
Foreign currency loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.80K	USD	1 Quarter
Foreign currency loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-17.48K	USD	3 Qtrs
Foreign currency loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.35K	USD	1 Quarter
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$788.80K	USD	1 Quarter
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$2.00M	USD	3 Qtrs
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$2.00M	USD	1 Quarter
Other-than-temporary impairment loss on investments	`ImpairmentOfInvestments`	$1.56M	USD	3 Qtrs
Other investment income (loss), net	`InvestmentIncomeNet`	$123.29K	USD	3 Qtrs
Other investment income (loss), net	`InvestmentIncomeNet`	$-586.04K	USD	1 Quarter
Other investment income (loss), net	`InvestmentIncomeNet`	$-623.62K	USD	3 Qtrs
Other investment income (loss), net	`InvestmentIncomeNet`	$50.48K	USD	1 Quarter
Interest expense	`InterestExpense`	$538.46K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.19M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.01M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.61M	USD	3 Qtrs
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	1 Quarter
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	$562.50K	USD	3 Qtrs
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	1 Quarter
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	3 Qtrs
Unrealized gain (loss) on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	1 Quarter
Unrealized gain (loss) on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-199.12K	USD	3 Qtrs
Unrealized gain (loss) on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-199.12K	USD	1 Quarter
Unrealized gain (loss) on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$145.22K	USD	3 Qtrs
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$1.98M	USD	3 Qtrs
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Bargain purchase acquisition gain	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$501.88K	USD	3 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$89.43K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$370.67K	USD	3 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$119.36K	USD	3 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$200.93K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-74.72K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-102.41K	USD	1 Quarter
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-2.74M	USD	3 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-3.61M	USD	1 Quarter
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-1.65M	USD	3 Qtrs
NonoperatingIncomeExpense	`NonoperatingIncomeExpense`	$-1.33M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.14M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.59M	USD	3 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-774.44K	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-293.75K	USD	3 Qtrs
Income Taxes (Benefit)	`IncomeTaxExpenseBenefit`	$595.00K	USD	3 Qtrs
Income Taxes (Benefit)	`IncomeTaxExpenseBenefit`	$168.00K	USD	3 Qtrs
Income Taxes (Benefit)	`IncomeTaxExpenseBenefit`	$174.00K	USD	1 Quarter
Income Taxes (Benefit)	`IncomeTaxExpenseBenefit`	$-60.00K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-714.44K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-461.75K	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$993.91K	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$-2.32M	USD	1 Quarter
Net (Income) Loss Attributable to Non-controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$275.75K	USD	3 Qtrs
Net (Income) Loss Attributable to Non-controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-42.50K	USD	1 Quarter
Net (Income) Loss Attributable to Non-controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$398.08K	USD	1 Quarter
Net (Income) Loss Attributable to Non-controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$745.70K	USD	3 Qtrs
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$-1.21M	USD	3 Qtrs
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$-671.94K	USD	1 Quarter
Net Income (Loss) Attributable to Air T, Inc. Stockholders	`NetIncomeLoss`	$718.15K	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.59	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.34	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.59	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.34	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.33	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.04M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.04M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.04M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.04M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.05M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.03M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.04M	shares	1 Quarter

Cash Flow Statement 125 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-714.44K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-461.75K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$993.91K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-2.32M	USD	1 Quarter
Gain on sale of marketable securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$28.06K	USD	3 Qtrs
Gain on sale of marketable securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$72.14K	USD	3 Qtrs
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets1`	$-15.67K	USD	3 Qtrs
Loss on sale of property and equipment	`GainLossOnDispositionOfAssets1`	$-16.65K	USD	3 Qtrs
Profit from sale of assets on lease	`GainLossOnSaleOfLeasedAssetsNetOperatingLeases`	-	USD	3 Qtrs
Profit from sale of assets on lease	`GainLossOnSaleOfLeasedAssetsNetOperatingLeases`	$946.18K	USD	3 Qtrs
Change in inventory reserves	`IncreaseDecreaseInInventoryReserve`	$367.02K	USD	3 Qtrs
Change in inventory reserves	`IncreaseDecreaseInInventoryReserve`	$69.22K	USD	3 Qtrs
Change in accounts receivable reserves	`IncreaseDecreaseInAccountsReceivableReserves`	$2.73K	USD	3 Qtrs
Change in accounts receivable reserves	`IncreaseDecreaseInAccountsReceivableReserves`	$61.82K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.52M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.55M	USD	3 Qtrs
Impairment	`AssetImpairmentCharges`	$27.82K	USD	3 Qtrs
Impairment	`AssetImpairmentCharges`	$46.93K	USD	1 Quarter
Impairment	`AssetImpairmentCharges`	$220.96K	USD	3 Qtrs
Impairment	`AssetImpairmentCharges`	$7.12K	USD	1 Quarter
Change in cash surrender value of life insurance	`IncreaseDecreaseInInsuranceAssets`	$118.25K	USD	3 Qtrs
Change in cash surrender value of life insurance	`IncreaseDecreaseInInsuranceAssets`	$102.71K	USD	3 Qtrs
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	1 Quarter
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	$562.50K	USD	3 Qtrs
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	1 Quarter
Gain on asset retirement obligation	`GainLossOnAssetRetirementObligation`	-	USD	3 Qtrs
Gain on bargain purchase, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Gain on bargain purchase, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$1.98M	USD	3 Qtrs
Gain on bargain purchase, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	-	USD	1 Quarter
Gain on bargain purchase, net of tax	`BusinessCombinationBargainPurchaseGainRecognizedAmountNet`	$501.88K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-102.57K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Change in warranty reserve	`IncreaseDecreaseInWarrantyReserve`	$53.09K	USD	3 Qtrs
Change in warranty reserve	`IncreaseDecreaseInWarrantyReserve`	$156.25K	USD	3 Qtrs
Other-than-temporary impairment loss on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.56M	USD	3 Qtrs
Other-than-temporary impairment loss on investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.00M	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-854.87K	USD	3 Qtrs
Unrealized (gain) loss on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	1 Quarter
Unrealized (gain) loss on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-199.12K	USD	3 Qtrs
Unrealized (gain) loss on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-199.12K	USD	1 Quarter
Unrealized (gain) loss on interest rate swap	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$145.22K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.01M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$718.69K	USD	3 Qtrs
Costs and estimated earnings in excess of billings and uncompleted projects	`IncreaseDecreaseInContractWithCustomerAsset`	-	USD	3 Qtrs
Costs and estimated earnings in excess of billings and uncompleted projects	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.01M	USD	3 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$-1.05M	USD	3 Qtrs
Notes receivable and other non-trade receivables	`IncreaseDecreaseInReceivables`	$3.64M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$75.06K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-4.22M	USD	3 Qtrs
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$742.05K	USD	3 Qtrs
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-145.64K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-506.59K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.29M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-538.23K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$147.16K	USD	3 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$72.78K	USD	3 Qtrs
Income taxes payable/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$603.84K	USD	3 Qtrs
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$165.04K	USD	3 Qtrs
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$356.54K	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$7.31M	USD	3 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.74M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.27M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.30M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$2.01M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.01M	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$836.51K	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$537.83K	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.90M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.38M	USD	3 Qtrs
Cash used for equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$263.49K	USD	3 Qtrs
Cash used for equity method investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Investment in reinsurance entity	`PaymentsToAcquireHeldToMaturitySecurities`	$2.00M	USD	3 Qtrs
Investment in reinsurance entity	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	3 Qtrs
Capital expenditures related to property & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.66M	USD	3 Qtrs
Capital expenditures related to property & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.01M	USD	3 Qtrs
Capital expenditures related to assets on lease	`PaymentsRelatedToAssetsOnLease`	$13.59M	USD	3 Qtrs
Capital expenditures related to assets on lease	`PaymentsRelatedToAssetsOnLease`	$19.15M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.86K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$50.60K	USD	3 Qtrs
Proceeds from sale of assets on lease	`ProceedsFromSaleOfAssetsOnLease`	-	USD	3 Qtrs
Proceeds from sale of assets on lease	`ProceedsFromSaleOfAssetsOnLease`	$4.18M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.61M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.75M	USD	3 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$86.52M	USD	3 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$86.95M	USD	3 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$83.57M	USD	3 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$88.82M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$22.54M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$20.84M	USD	3 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$2.44M	USD	3 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$6.79M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfFinancingCosts`	$156.12K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfFinancingCosts`	$150.14K	USD	3 Qtrs
Proceeds from loan against cash surrender value of life insurance policies	`ProceedsFromLoanAgainstCashSurrenderValueOfLifeInsurancePolicies`	-	USD	3 Qtrs
Proceeds from loan against cash surrender value of life insurance policies	`ProceedsFromLoanAgainstCashSurrenderValueOfLifeInsurancePolicies`	$1.90M	USD	3 Qtrs
Proceeds from loan against cash surrender value of life insurance policies	`ProceedsFromLoanAgainstCashSurrenderValueOfLifeInsurancePolicies`	$1.90M	USD	Point-in-time
Distribution to non-controlling member	`PaymentsToMinorityShareholders`	$65.67K	USD	3 Qtrs
Distribution to non-controlling member	`PaymentsToMinorityShareholders`	$1.10M	USD	3 Qtrs
Contribution from non-controlling member	`ProceedsFromMinorityShareholders`	$252.00K	USD	3 Qtrs
Contribution from non-controlling member	`ProceedsFromMinorityShareholders`	$210.00K	USD	3 Qtrs
Payments for repurchase of stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payments for repurchase of stock	`PaymentsForRepurchaseOfCommonStock`	$693.14K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$17.76K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.92M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.53M	USD	3 Qtrs
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.37K	USD	3 Qtrs
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$114.05K	USD	3 Qtrs
NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.44M	USD	3 Qtrs
NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.22M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.64M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.88M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.65M	USD	Point-in-time
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 END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.64M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.88M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.07M	USD	Point-in-time
Non-cash capital expenditures related to property & equipment	`CapitalExpendituresIncurredButNotYetPaid`	$8.68K	USD	3 Qtrs
Non-cash capital expenditures related to property & equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Interest	`InterestPaidNet`	$2.08M	USD	3 Qtrs
Interest	`InterestPaidNet`	$690.86K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$490.18K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.46M	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.32M	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$986.63K	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$403.14K	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-655.42K	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.78M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-2.74M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.36M	USD	1 Quarter
Loss on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$415.44K	USD	1 Quarter
Loss on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-284.48K	USD	1 Quarter
Loss on marketable securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-95.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$22.07K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$98.58K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$255.43K	USD	3 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.21K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$47.66K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$120.48K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$134.79K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$200.35K	USD	3 Qtrs
Redeemable non-controlling interest	`AdjustmentToAdditionalPaidInCapitalRedeemableNoncontrollingInterest`	$-8.55K	USD	1 Quarter
Redeemable non-controlling interest	`AdjustmentToAdditionalPaidInCapitalRedeemableNoncontrollingInterest`	$-25.00K	USD	1 Quarter
Redeemable non-controlling interest	`AdjustmentToAdditionalPaidInCapitalRedeemableNoncontrollingInterest`	$-8.55K	USD	1 Quarter
Reclassification due to the Tax Cuts and Jobs Act	`ReclassificationFromAociToRetainedEarnings`	-	USD	1 Quarter
Adoption of ASU 2016-01	`AdoptionOfASU201601ReclassificationFromAOCIToRetainedEarnings`	-	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.76K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$670.38K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$22.76K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-163.45K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	3 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.12K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-134.33K	USD	3 Qtrs
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.27K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.24M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$23.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.77M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.32M	USD	Point-in-time

Comprehensive Income 53 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-714.44K	USD	1 Quarter
Unrealized loss on interest rate swaps, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-461.75K	USD	3 Qtrs
Unrealized loss on interest rate swaps, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Unrealized loss on interest rate swaps, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$48.58K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$993.91K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-2.32M	USD	1 Quarter
Unrealized loss on interest rate swaps, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$39.92K	USD	3 Qtrs
Unrealized net loss on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized net loss on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	3 Qtrs
Unrealized net loss on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$21.00K	USD	1 Quarter
Unrealized net loss on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$282.12K	USD	3 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$22.07K	USD	1 Quarter
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	-	USD	3 Qtrs
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	-	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$98.58K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$255.43K	USD	3 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$32.21K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$47.66K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$120.48K	USD	1 Quarter
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$277.62K	USD	3 Qtrs
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$134.79K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$200.35K	USD	3 Qtrs
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	-	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax of $48,575 and $39,920 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-163.45K	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax of $48,575 and $39,920 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax of $48,575 and $39,920 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	3 Qtrs
Unrealized loss on interest rate swaps, net of tax of $48,575 and $39,920 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$29.12K	USD	1 Quarter
Unrealized loss on interest rate swaps, net of tax of $48,575 and $39,920 respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-134.33K	USD	3 Qtrs
Unrealized net loss on marketable securities, net of tax of ($21,000) and ($282,115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-258.74K	USD	1 Quarter
Unrealized net loss on marketable securities, net of tax of ($21,000) and ($282,115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.13M	USD	3 Qtrs
Unrealized net loss on marketable securities, net of tax of ($21,000) and ($282,115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized net loss on marketable securities, net of tax of ($21,000) and ($282,115) respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), net of tax of $0 and 277,622 respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.21M	USD	3 Qtrs
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), net of tax of $0 and 277,622 respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$716.65K	USD	1 Quarter
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), net of tax of $0 and 277,622 respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification of other-than-temporary impairment loss on investments, net of gains on sale of marketable securities, included in income (loss), net of tax of $0 and 277,622 respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	3 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$333.87K	USD	3 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$66.02K	USD	3 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-42.98K	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$479.98K	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.36M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-395.73K	USD	3 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-234.46K	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.33M	USD	3 Qtrs
Comprehensive Loss (Income) Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$404.72K	USD	1 Quarter
Comprehensive Loss (Income) Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$777.45K	USD	3 Qtrs
Comprehensive Loss (Income) Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$280.00K	USD	3 Qtrs
Comprehensive Loss (Income) Attributable to Non-controlling Interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-80.47K	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$1.05M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$-1.17M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$-153.99K	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Air T, Inc. Stockholders	`ComprehensiveIncomeNetOfTax`	$-2.76M	USD	1 Quarter

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