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8. EARNINGS PER SHARE INFORMATION (Details) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2012
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Dec. 31, 2011
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| EARNINGS PER SHARE INFORMATION | ||||
| Net loss from continuing operations | $ (781,394) | $ (304,217) | $ (2,566,476) | $ (23,600,163) |
| Net loss on sale of Emir Oil | 0 | 0 | 0 | (127,147,771) |
| Net income from discontinued operations | $ 0 | $ 0 | $ 0 | $ 11,899,714 |
| Basic weighted-average common shares outstanding | 55,787,554 | 55,787,554 | 55,787,554 | 55,787,554 |
| Basic loss per common share from continuing operations | $ (0.01) | $ (0.01) | $ (0.05) | $ (0.42) |
| Basic loss per common share on sale of Emir Oil | $ 0 | $ 0 | $ 0 | $ (2.28) |
| Basic income per common share from discontinued operations | $ 0 | $ 0 | $ 0 | $ 0.21 |
| Total basic income per common share | $ (0.01) | $ (0.01) | $ (0.05) | $ (2.49) |
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- Definition
No authoritative reference available. No definition available.
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gain (loss) on entity's disposition of equity in securities of subsidiaries. Reflects the difference in the parent company's carrying amount of the equity interest in the subsidiary immediately before and after all stock transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) derived from discontinued operations during the period, net of related tax effect, per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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