Command Security 10-K 19 Jun 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2017	May 31, 2017	Sep. 30, 2016
Document And Entity Information
Entity Registrant Name	COMMAND SECURITY CORP
Entity Central Index Key	864,509
Document Type	10-K
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 19,989,841
Entity Common Stock, Shares Outstanding		9,848,186
Trading Symbol	MOC
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,042,291	$ 1,486,854
Accounts receivable, net of allowance for doubtful accounts accounts of $542,489 and $650,226, respectively	29,189,233	21,890,623
Prepaid expenses	1,784,990	1,853,464
Other assets	3,991,584	2,184,465
Total current assets	36,008,098	27,415,406
Furniture and equipment at cost, net	146,345	258,157
Other assets:
Intangible assets, net	1,028,582	1,364,966
Minority investment in unconsolidated affiliate	513,291	2,695,291
Other assets	4,083,534	4,412,042
Total other assets	5,625,407	8,472,299
Total assets	41,779,850	36,145,862
Current liabilities:
Checks issued in advance of deposits	583,201	471,939
Short-term borrowings	12,228,679	7,011,743
Accounts payable	1,215,591	945,711
Accrued expenses and other liabilities	11,503,474	8,321,297
Total current liabilities	25,530,945	16,750,690
Insurance reserves	366,323	612,462
Other non-current liabilities		700,000
Total liabilities	25,897,268	18,063,152
Commitments and contingencies (Notes 13 and 14)
Stockholders' equity:
Preferred stock, convertible Series A, $.0001 par value
Common stock, $.0001 par value per share, 50,000,000 shares authorized, 11,600,386 and 9,848,186 shares issued and outstanding, respectively, at March 31, 2017 and 11,544,818 and 9,792,618 shares issued and outstanding, respectively, at March 31, 2016	1,160	1,155
Treasury stock, at cost, 1,752,200 shares	(2,885,579)	(2,885,579)
Additional paid-in capital	18,535,051	18,410,595
Accumulated earnings	231,950	2,556,539
Total stockholders' equity	15,882,582	18,082,710
Total liabilities and stockholders' equity	$ 41,779,850	$ 36,145,862

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable net	$ 542,489	$ 650,226
Preferred stock, Series A, par value per share	$ .0001	$ .0001
Common stock, par or stated value per share	$ .0001	$ .0001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	11,600,386	11,544,818
Common stock, shares outstanding	9,848,186	9,792,618
Treasury stock, shares	1,752,200	1,752,200

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenues	$ 162,179,249	$ 133,101,689
Cost of revenues	143,910,434	118,200,363
Gross profit	18,268,815	14,901,326
Operating expenses
General and administrative	18,299,827	18,675,314
Provision for doubtful accounts, net	(138,547)	426,752
Total operating expenses	18,161,280	19,102,066
Operating income (loss)	107,535	(4,200,740)
Other expenses
Interest expense	(306,124)	(160,874)
Loss before income taxes and equity earnings (loss) in minority investment of unconsolidated affiliate	(198,589)	(4,361,614)
Equity earnings (loss) in minority investment of unconsolidated affiliate	(82,000)	65,291
Impairment of equity method minority investment of unconsolidated affiliate	(2,100,000)
Loss before income taxes	(2,380,589)	(4,296,323)
Benefit from income taxes	(56,000)	(1,640,000)
Net loss	$ (2,324,589)	$ (2,656,323)
Loss per share of common stock
Basic	$ (0.24)	$ (0.27)
Diluted	$ (0.24)	$ (0.27)
Weighted average number of common shares outstanding
Basic	9,824,763	9,771,578
Diluted	9,824,763	9,771,578

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid In Capital [Member]	Accumulated Earnings [Member]	Total
Balance at Mar. 31, 2015		$ 1,149	$ (2,885,579)	$ 18,245,747	$ 5,212,862	$ 20,574,179
Options exercised, net		6		75,089		75,095
Repurchase of stock options				(14,034)		(14,034)
Stock compensation cost				103,793		103,793
Stock based compensation tax benefits
Net loss					(2,656,323)	(2,656,323)
Balance at Mar. 31, 2016		1,155	(2,885,579)	18,410,595	2,556,539	18,082,710
Options exercised, net		5		95,964		95,969
Repurchase of stock options
Stock compensation cost				17,915		17,915
Stock based compensation tax benefits				10,577		10,577
Net loss					(2,324,589)	(2,324,589)
Balance at Mar. 31, 2017		$ 1,160	$ (2,885,579)	$ 18,535,051	$ 231,950	$ 15,882,582

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss	$ (2,324,589)	$ (2,656,323)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	458,590	577,025
Provision for doubtful accounts, net	(138,547)	426,752
Equity (earnings) loss in minority investment of unconsolidated affiliate	82,000	(65,291)
Impairment of equity method minority investment of unconsolidated affiliate	2,100,000
Rent expense	24,298	(15,036)
Gain on asset dispositions		3,632
Stock based compensation costs	17,915	103,793
Insurance reserves	(246,139)	27,893
Deferred income taxes	37,689	(1,913,562)
Changes in operating assets and liabilities:
Accounts receivable	(7,160,063)	(605,339)
Prepaid expenses	68,474	(200,060)
Other assets	(1,516,300)	1,325,267
Change in accounts payable and other liabilities	3,427,759	1,014,661
Change in other long term liabilities	(700,000)	700,000
Net cash used in operating activities	(5,868,913)	(1,276,588)
Cash flows from investing activities:
Purchases of equipment	(10,394)	(58,532)
Proceeds from equipment dispositions		2,415
Net cash used in investing activities	(10,394)	(56,117)
Cash flows from financing activities:
Net advances on short-term borrowings	5,216,936	1,011,743
Change in checks issued in advance of deposits	111,262	(689,084)
Repurchase of stock options		(14,034)
Proceeds from option exercises, net	106,546	75,095
Net cash provided by financing activities	5,434,744	383,720
Net change in cash and cash equivalents	(444,563)	(948,985)
Cash and cash equivalents, beginning of period	1,486,854	2,435,839
Cash and cash equivalents, end of period	1,042,291	1,486,854
Cash paid during the years for:
Interest	297,373	152,486
Income taxes	$ 10,180	$ 535,616

Business Description and Summar

Business Description and Summary of Accounting Policies	12 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Summary of Accounting Policies	1. Business Description and Summary of Accounting Policies The following is a description of the principal business activities and significant accounting policies employed by Command Security Corporation. In this discussion, the words “Company”, “we”, “our” and “us” refer to Command Security Corporation. Principal Business Activities We are a security services company which principally provides uniformed security officers and aviation security services to commercial, financial, industrial, aviation and governmental customers throughout the United States. We provide our security services to our customers through Command Security, our security division, and our aviation security services through our Aviation Safeguards division. The Company has operations in California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia and Wisconsin. Principles of Consolidation The consolidated financial statements include the accounts of Command Security Corporation and its consolidated subsidiary. All intercompany balances and transactions are eliminated upon consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowances for doubtful accounts, depreciation and amortization, income tax assets and insurance reserves. Estimates are based on historical experience, where applicable or other assumptions that our management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, our actual results may differ from those estimates under different assumptions or conditions. Revenue Recognition We record revenue as services are provided to our customers. Revenue relates primarily to the provision of aviation and security services, which are typically billed at hourly rates. These rates may vary depending on base, overtime and holiday time worked. Revenue is reported net of applicable taxes. Cash and Cash Equivalents We define cash and cash equivalents as operating cash (non-restricted) and highly liquid investments with maturities of ninety (90) days or less at the date of purchase. The carrying amounts of our cash equivalents approximate their fair values. Accounts Receivable We periodically evaluate the requirement for providing for billing adjustments and/or reflect the extent to which we will be able to collect our accounts receivable. We provide for billing adjustments where management determines that there is a likelihood of a significant adjustment for disputed billings. Criteria used by management to evaluate the adequacy of the allowance for doubtful accounts include, among others, the creditworthiness of the customer, current trends, prior payment performance, the age of the receivables and our overall historical loss experience. Individual accounts are charged off against the allowance as management deems them to be uncollectible. Minority Investment in Unconsolidated Affiliate The Company including its consolidated subsidiary, OPS LLC, uses the equity method to account for its investment in OPSA. Equity method investments are recorded at original cost and adjusted periodically to recognize: (i) our proportionate share of investees’ net income or losses after the date of the investment; (ii) additional contributions made or distributions received; and (iii) impairment losses resulting from adjustments to net realizable value. The Company reviews its investment accounted for under the equity method of accounting for impairment whenever events or changes in circumstances indicate a loss in the value of the investment may be other than temporary. Furniture and Equipment Furniture and equipment are stated at cost. Depreciation is generally recorded using the straight-line method over estimated useful lives of the equipment ranging from three to seven years. Intangible Assets Intangible assets are stated at cost and consist primarily of customer lists that are being amortized on a straight-line basis over a period of ten years, and goodwill, which is reviewed annually for impairment. The life assigned to customer lists acquired is based on management’s estimate of our expected customer attrition rate. The attrition rate is estimated based on historical contract longevity and management’s operating experience. We test for impairment annually or when events and circumstances warrant such a review, if earlier. Any potential impairment is evaluated based on anticipated undiscounted future cash flows and actual customer attrition in accordance with FASB ASC 360, Property, Plant and Equipment Insurance Reserves General liability estimated accrued liabilities are calculated on an undiscounted basis based on actual claim data and estimates of incurred but not reported claims developed utilizing historical claim trends. Projected settlements and incurred but not reported claims are estimated based on pending claims, historical trends and related data. Workers’ compensation annual costs are comprised of premiums as well as incurred losses as determined at the end of the coverage period, subject to minimum and maximum amounts. Workers’ compensation insurance claims and reserves include accruals of estimated settlements for known claims, as well as accruals of estimates for claims incurred but not yet reported as provided by a third party. In estimating these accruals, we consider historical loss experience and make judgments about the expected levels of costs per claim. We believe our estimates of future liability are reasonable based upon our methodology; however, changes in health care costs, accident frequency and severity and other factors could materially affect the estimate for these liabilities. The Company continually monitors changes in claim type and incident and evaluates the workers’ compensation insurance accrual, making necessary adjustments based on the evaluation of these qualitative data points. The Company is self-insured up to certain stop loss amounts for worker’s compensation claims. The Company has purchased stop loss coverage that insures individual claims that exceed $500,000. Additionally, the Company has purchased stop loss coverage that insures claims in the aggregate that exceed $6.5 million and $6.2 million for the policy years ended September 30, 2017 and 2016 respectively. The Company’s workers’ compensation insurance premiums (including loss fund deposits, surcharges, assessments, broker’s fees and excluding loss fund handling charges) were $3.27 million and $3.25 million for the policy years ended September 30, 2017 and 2016, respectively. Related loss handling charges for the policy year ended September 30, 2017 as of March 31, 2017 were approximately $40,000, as compared with loss handling charges of approximately $45,000 for the full policy year ended September 30, 2016. Since October 1, 2015, the Company has utilized the services of a third party administrator to manage workers’ compensation claims. Income Taxes Income taxes are based on income (loss) for financial reporting purposes and reflect a current tax liability (asset) for the estimated taxes payable (recoverable) in the current year tax return and changes in deferred taxes. Deferred tax assets or liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using enacted tax laws and rates. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not that the asset will not be realized. We recognize the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. In the event that interest and/or penalties are assessed in connection with our tax filings, interest will be recorded as interest expense and penalties as selling, general and administrative expense. We did not have any unrecognized tax benefits as of March 31, 2017 and 2016. Income (Loss) per Share Under the requirements of FASB ASC 260, Earnings per Share For the fiscal years ended March 31, 2017 and 2016, the Company reported net loss and, accordingly, potential common shares that would cause dilution, such as employee stock options, have been excluded from the diluted share count because their inclusion would have been anti-dilutive. Stock-Based Compensation FASB ASC 718, Stock Compensation Fair Value of Financial Instruments The carrying value of cash, accounts receivable, prepaid expenses, checks issued in advance of deposits, accounts payable and accrued expenses are reasonable estimates of the fair values because of their short-term maturity. The fair value of the Company’s debt is based on the borrowing rates currently available to the Company for loans and leases with similar terms and average maturities. FASB ASC 820, Fair Value Measurements and Disclosures ● Level 1, defined as observable inputs such as quoted prices in active markets for identical assets; ● Level 2, defined as observable inputs other than Level 1 prices such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and ● Level 3, defined as unobservable inputs in which little or no market data exists; therefore requiring an entity to develop its own assumptions. Reclassifications Certain amounts previously reported for prior periods have been reclassified to conform to the current year presentation in the accompanying consolidated financial statements. Such reclassifications had no effect on the results of operations or shareholders’ equity as previously recorded. Recent Accounting Pronouncements In May 2014, the FASB and the International Accounting Standards Board (IASB) issued, ASU 2014-09 (Topic 606) Revenue from Contracts with Customers In November 2015, the FASB issued ASU 2015-17, “ Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, “ Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, “ Improvements to Employee Share-Based Payment Accounting In August 2016, the FASB issued new guidance on cash flow statement presentation ASU 2016-15, Statement of Cash Flows (Topic 230); Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU 2017-04 “ Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In May 2017, the FASB issued ASU 2017-09 (ASU 2017-09), “ Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting

Furniture and Equipment

Furniture and Equipment	12 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Furniture and Equipment	2. Furniture and Equipment Furniture and equipment at March 31, 2017 and 2016 consist of the following: 2017 2016 Transportation equipment $ 232,954 $ 232,954 Security equipment 1,347,003 1,347,003 Office furniture and equipment 2,785,052 2,774,658 4,365,009 4,354,615 Accumulated depreciation (4,218,664 ) (4,096,458 ) Total $ 146,345 $ 258,157 Depreciation expense for the fiscal years ended March 31, 2017 and 2016 was $122,206 and $178,186, respectively.

Intangible Assets

Intangible Assets	12 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	3. Intangible Assets Intangible assets at March 31, 2017 and 2016 consist of the following: 2017 2016 Customer Lists $ 4,274,915 $ 4,274,915 Goodwill 895,258 895,258 5,170,173 5,170,173 Accumulated amortization (4,141,591 ) (3,805,207 ) Total $ 1,028,582 $ 1,364,966 Included in intangible assets for the fiscal years ended March 31, 2017 and 2016 is goodwill of $895,258 that is not subject to amortization. Amortization expense for the fiscal years ended March 31, 2017 and 2016 was $336,384 and $398,839, respectively. Amortization expense for the years ending March 31, 2018 and 2019 for the intangible assets noted above will be $106,680 and $26,644 respectively.

Minority Investment in Unconsol

Minority Investment in Unconsolidated Affiliate	12 Months Ended
	Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Minority Investment in Unconsolidated Affiliate	4. Minority Investment in Unconsolidated Affiliate In 2014, the Company made a 20% minority investment in Ocean Protection Services LLC, a Delaware limited liability company (“OPS LLC”), who holds a 30% interest in an entity that specializes in maritime security, risk management and risk analysis. The Company purchased 2,000 Class A Common Units of OPS LLC for a purchase price of $2.125 million and funded the purchase price through borrowings under the Company’s existing line of credit. The excess of the carrying value of the Company’s investment in OPS LLC and the Company’s proportionate share of the net assets of OPSA and OPS LLC is largely attributable to goodwill. Since the Company’s initial investment, there have been no additional capital contributions made or distributions received. In September 2016, the majority owner of OPS LLC consented to a restructuring transaction pursuant to which the majority owner of OPS LLC transferred its 80% interest in OPS LLC to the Company for no consideration resulting in OPS LLC becoming a wholly-owned subsidiary of the Company. During the past three fiscal years ended December 31, 2016, OPSA has experienced a decline in revenues and net income from continuing operations. Specifically, for the year ended December 31, 2016, revenues declined 29% from the year ended December 31, 2015, and revenues for the year ended December 31, 2015 declined 16% from the year ended December 31, 2014. For the same periods gross profits declined by 32% and 10%, respectively, and net income from continuing operations declined from $1.6 million for the year ended December 31, 2014 to $1.1 million for the year ended December 31, 2015 to a net loss from continuing operations of $.4 million for the year ended December 31, 2016. During the three years ended December 31, 2016, gross profit as a percent of revenues were 31.4%, 32.8% and 30.6%, respectively. During the past three years the decline in revenues has been driven by several factors including an overall reduction in world-wide shipping activity, reduced demand for security personnel as a result of declines in attempted and successful piracy attacks, lower insurance rates and lower oil prices allowing operators the option of longer routes through lower risk areas further leading to a decline in demand for security services. The maturing of this industry has also led to price competition further compressing revenues and margins. The decline in revenues and certain increased operating costs has resulted in net operating losses for the year ending March 31, 2017, and accordingly, the Company has recorded its proportionate share of these losses totaling $82,000. The above-mentioned long-term decline in revenues has resulted in a significant reduction in liquidity which has more recently led to the inability of OPSA to remain current in its obligations under its senior debt. In light of the above-mentioned factors the Company has performed an assessment of the fair value of its 30% investment in OPSA and has determined that the book value of investment exceeded its fair value and further concluded that this decline in value was other than temporary. The company based its assessment, in part on the calculations reported by a valuation consultant retained by OPSA. The consultant’s valuation was based on the net present value of estimated future cash flows developed from forecasts provided by OPSA to the valuation consultant. Accordingly, the Company has recorded a $2.1 million non-cash charge during the quarter ended March 31, 2017 in order to reflect the fair value of the Company’s investment in OPSA of $.5 million. This charge was reported as an impairment of an equity method investment in the consolidated statements of operations. Our investment in OPSA which is included in minority investment in unconsolidated affiliate in our balance sheet consists of the following: March 31, 2017 March 31, 2016 Capital contributions $ 2,125,000 $ 2,125,000 Cumulative share of income 488,291 570,291 Impairment of equity method investment (2,100,000 ) - Investment balance $ 513,291 $ 2,695,291 The following summarizes the combined assets, liabilities and equity, and combined results of operations of our equity method investment in OPSA as of December 31, 2016 and December 31, 2015: December 31, 2016 December 31, 2015 Current assets $ 1,492,360 $ 2,415,252 Goodwill 9,941,946 10,441,941 Other non-current assets 97,340 236,066 Total assets $ 11,531,646 $ 13,093,259 Current liabilities $ 6,411,313 $ 4,349,785 Non-current liabilities 1,430,819 4,459,298 Shareholders’ equity 3,689,514 4,284,176 Total liabilities and shareholders’ equity $ 11,531,646 $ 13,093,259 Condensed consolidated statement of operations for the year ended December 31, 2016 and December 31, 2015: 2016 2015 Net operating revenues $ 8,948,531 $ 12,571,572 Gross profit $ 2,812,742 $ 4,117,222 Operating expenses $ 1,985,822 $ 2,638,364 Net income (loss) from continuing operations $ (368,194 ) $ 1,086,486

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements The Company is required to measure certain assets such as goodwill; intangibles, not subject to amortization; and long-lived assets with carrying values which may be in excess of their implied fair value or not fully recoverable based upon estimated future cash flows on a non-recurring basis. Asset groups containing values measured, and presented on a non-recurring fair value basis at March 31, 2017 are as follows: Description Value Level 3 Impairment Equity Method Investment $ 513,291 $ 513,291 $ 2,100,000 The significant inputs used in the fair value measurements for Level 3 assets measured at fair value on a non-recurring basis are disclosed in Note 4.

Other Assets

Other Assets	12 Months Ended
	Mar. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	6 Other assets at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Workers’ compensation insurance $ 2,804,341 $ 1,258,066 Other receivables 16,831 44,958 Security deposits 138,171 140,019 Deferred tax asset 5,115,775 5,153,464 8,075,118 6,596,507 Current portion (3,991,584 ) (2,184,465 ) Total non-current portion $ 4,083,534 $ 4,412,042 The other asset workers’ compensation insurance represents the net amount of the payments made to cover the workers’ compensation insurance premium against the actual premium due as well as the difference in the amount deposited to the loss fund less the estimated workers’ compensation claims and reserves related to the historical loss claims as well as the estimates related to the incurred but not reported claims. There is no offsetting claim liability reported as the Company has determined that there is a sufficient amount deposited into the loss funds to cover the estimated claims reserve as well as the estimate related to the incurred but not reported claims.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	12 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Accrued Expenses and Other Liabilities	7. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Payroll and related expenses $ 8,076,807 $ 5,530,554 Taxes and fees payable 325,763 320,333 Accrued interest payable 13,508 4,756 Other 3,087,396 2,465,654 Total $ 11,503,474 $ 8,321,297

Borrowings

Borrowings	12 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Borrowings	8. Borrowings Short-term borrowings at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Line of credit $ 12,228,679 $ 7,011,743 On February 12, 2009, we entered into a $20.0 million, credit facility (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”) which was most recently amended in March 2017 (see below), matures in March 2020, contains customary affirmative and negative covenants, including, among other things, covenants requiring us to maintain certain financial ratios and is collateralized by customer accounts receivable and certain other assets of the Company as defined in the Credit Agreement. The Credit Agreement provides for a letter of credit sub-line in an aggregate amount of up to $1.5 million. The Credit Agreement also provides for interest to be calculated on the outstanding principal balance of the revolving loans at the prime rate (as defined in the Credit Agreement) plus 1.50%. For LIBOR loans, interest will be calculated on the outstanding principal balance of the LIBOR loans at the LIBOR rate (as defined in the Credit Agreement) plus 1.75%. On November 13, 2015, we entered into a fifth amendment (the “Fifth Amendment”) to our Credit Agreement. The Fifth Amendment amended a financial covenant of the Credit Agreement to allow for certain legal settlement costs associated with the Company’s settlement of a class action lawsuit (Leal v. Command Security Corporation). On March 30, 2017, we entered into an eighth amendment (the “Eighth Amendment”) to our Credit Agreement). The Eighth Amendment extended the Credit Agreement from March 31, 2017 to March 31, 2020, increased the revolving line of credit from $20.0 million to $27.5 million, amended the terms of the “Minimum Excess Availability” covenant and redefined the term “Borrowing Base”. Under the Credit Agreement, as of March 31, 2017, the interest rate was 2.75% for LIBOR loans and 3.00% for revolving loans. At March 31, 2017, we had approximately $1.0 million of cash on hand. We also had $8.0 million in LIBOR loans outstanding, $4.2 million of revolving loans outstanding and $0.5 million outstanding under our letters of credit sub-line under the Credit Agreement, representing 72.4% of the maximum borrowing capacity under the Credit Agreement based on our “eligible accounts receivable” (as defined in the Credit Agreement) as of such date.

Income (Loss) Per Share

Income (Loss) Per Share	12 Months Ended
	Mar. 31, 2017
Loss per share of common stock
Income (Loss) Per Share	9. Income (Loss) per Share FASB ASC 718, Stock Compensation The following is a reconciliation of the numerators and the denominators of the basic and diluted per-share computations for net income (loss) for the fiscal years ended March 31, 2017 and 2016: Loss Shares Per-Share (Numerator) (Denominator) Amount Year ended March 31, 2017 Basic and diluted EPS $ (2,324,589 ) 9,824,763 $ (0.24 ) Year ended March 31, 2016 Basic and diluted EPS $ (2,656,323 ) 9,771,578 $ (0.27 ) For the fiscal years ended March 31, 2017 and 2016, the Company reported net loss and, accordingly, potential common shares that would cause dilution, such as employee stock options, have been excluded from the diluted share count because their inclusion would have been anti-dilutive. For the fiscal years ended March 31, 2017 and 2016, the fully diluted shares would have been 10,216,594 and 10,020,208, respectively.

Retirement Plans

Retirement Plans	12 Months Ended
	Mar. 31, 2017
Retirement Benefits [Abstract]
Retirement Plans	10. Retirement Plans In November 1999, we adopted a qualified retirement plan providing for elective employee deferrals and discretionary employer contributions to non-highly compensated participants. The plan allows for employer contributions for certain employees working under specific customer contracts, as defined. Our expense under this plan for the fiscal years ended March 31, 2017 and 2016 was approximately $640,000 and $218,000, respectively.

Concentrations of Credit Risk a

Concentrations of Credit Risk and Significant Customers	12 Months Ended
	Mar. 31, 2017
Risks and Uncertainties [Abstract]
Concentrations of Credit Risk and Significant Customers	11. Concentrations of Credit Risk and Significant Customers Geographic concentrations of credit risk with respect to trade receivables are primarily in the New York Metropolitan area with approximately 30% and 43% of total receivables as of March 31, 2017 and 2016, and in California with approximately 14% and 30% of total receivables as of March 31, 2017 and 2016, respectively. The remaining trade receivables consist of a large number of customers dispersed across many different geographic regions. During the fiscal years ended March 31, 2017 and 2016 we generated 36% and 45%, respectively, of our revenue from aviation and related services. Accounts receivable due from the commercial airline industry comprised 21% and 55% of net receivables as of March 31, 2017 and 2016. Our remaining customers are not concentrated in any specific industry. In the fiscal year ended March 31, 2017, the Company had six customers, who represented approximately 52% of the Company’s total revenue in the aggregate. Two of these customers each represented 13% of total revenue. These customers include one domestic and one international airline, the U.S. Postal Service, a transportation company, an online retailer and web services provider and a northeast U.S. based healthcare facility. While the Company’s cost structure is highly variable and largely identifiable to the delivery of services for any specific contract, a loss of business with one or more of these customers could have a material adverse effect on our business, financial condition and results of operation.In the fiscal year ended March 31, 2016, the Company had six customers who represented approximately 45% of the Company’s total revenue in the aggregate, with two of those customers representing 14% and 13% of total revenue, respectively. These customers included one domestic and one international airline, a major transportation company, a northeast U.S. based healthcare facility and two airline consortiums. We maintain our cash in bank deposit accounts, which at times may exceed federally insured limits. We have not experienced any losses in such accounts. Company management believes the risk of loss associated with these accounts to be remote.

Insurance Reserves

Insurance Reserves	12 Months Ended
	Mar. 31, 2017
Insurance [Abstract]
Insurance Reserves	12. Insurance Reserves We have an insurance policy covering workers’ compensation claims in states where we perform services. Estimated accrued liabilities are based on our historical loss experience and the ratio of claims paid to our historical payout profiles. Charges for estimated workers’ compensation related losses incurred and included in cost of sales were $3.1 million and $4.6 million, for the fiscal years ended March 31, 2017 and 2016, respectively. The nature of our business also subjects us to claims or litigation alleging that we are liable for damages as a result of the conduct of our employees or others. We insure against such claims and suits through general liability policies with third-party insurance companies. Our insurance coverage limits are currently $1.0 million per occurrence for non-aviation related business (with additional first and second layer excess liability policies of $5.0 million and $10.0 million, respectively) and $30.0 million per occurrence for aviation related business. We retain the risk for the first $25,000 of general liability non-aviation related operations. The aviation related deductible is $5,000 per occurrence, with the exception of $50,000 for airport wheelchair and electric cart operations, $25,000 for damage to aircraft and $100,000 for skycap operations. Estimated accrued liabilities are based on specific reserves in connection with existing claims as determined by third party risk management consultants and actuarial factors and the timing of reported claims. These are all factored into estimated losses incurred but not yet reported to us. Cumulative amounts estimated to be payable by us with respect to pending and potential claims for all years in which we are liable under our general liability retention and workers’ compensation policies have been accrued as liabilities. Such accrued liabilities are necessarily based on estimates; accordingly, our ultimate liability may exceed or be less than the amounts accrued. The methods of making such estimates and establishing the resultant accrued liability are reviewed continually and any adjustments resulting therefrom are reflected in our current results of operations.

Contingencies

Contingencies	12 Months Ended
	Mar. 31, 2017
Loss Contingency [Abstract]
Contingencies	13. Contingencies The nature of our business is such that there is a significant volume of routine claims and lawsuits that are made against us, the vast majority of which never lead to the award of substantial damages. We maintain general liability and workers’ compensation insurance coverage that we believe is appropriate to the relevant level of risk and potential liability that we face relating to these matters. Some of the claims brought against us could result in significant payments; however, the exposure to us under general liability non-aviation related operations is limited to the first $25,000 per occurrence. The aviation related deductible is $5,000 per occurrence, with the exception of $50,000 for airport wheelchair and electric cart operations, $25,000 for damage to aircraft and $100,000 for skycap operations. Any punitive damage award would not be covered by the general liability insurance policy. The only other potential impact would be on future premiums, which may be adversely affected by an unfavorable claims history. In March 2012, the California Service Employees Health and Welfare Trust Fund filed a suit in U.S. District Court for the Northern District of California against the Company seeking to maintain the payment of monthly health insurance contributions, which were stopped by the Company following the termination of the collective bargaining agreement. Venue was subsequently transferred to the U.S. District Court for the Central District of California. On July 31, 2014 the Court denied the plaintiffs’ motion for summary judgment and granted partial summary judgment in favor of the Company. While the parties stipulated to a proposed judgment, the plaintiffs’ appealed the judgment before the Judge had issued a final Order, pending the outcome of the companion case filed in July 2012. In that case, the Service Employee International Union (SEIU) filed a lawsuit in U.S. District Court for the Northern District of California against the Company seeking the restoration of the collective bargaining agreement between SEIU and the Company following a majority vote of Aviation Safeguards employees in December 2011 to withdraw recognition of the union. On February 20, 2014, the U.S. District Court, Central District of California, ruled in favor of the Company and granted our motion for summary judgment in full, denied the plaintiffs’ motion for summary judgment and terminated the case. The plaintiffs filed their Notice of Appeal to the U.S. Court of Appeals for the Ninth Circuit on March 18, 2014 and both parties have subsequently filed appellate briefs. Oral arguments were held in March 2016 in the Ninth Circuit Court of Appeals. On September 14, 2016, the U.S. Court of Appeals issued its Opinion which overturned the lower Court rulings. In the interim, the Company and the plaintiffs engaged in settlement discussions and successfully negotiated settlement in June 2017, subject to final court approval. The settlement, among other things, includes cash payments aggregating $249,000 to the Trust Fund, the SEIU, and the three claimants. In addition, as part of this settlement the Company has agreed to increase hourly pay rates to a defined group of employees for a period over the earlier of the next five years or, their remaining period of employment with the Company. On April 29, 2014, the California Superior Court granted a plaintiff’s motion (Leal v. Command Security Corporation) to certify a class consisting of all persons who were employed by the Company in a non-exempt security officer position within the State of California at any time since May 2, 2007 through the date of trial who agreed to and signed an on-duty meal period agreement at the time of their employment. The case is a certified class action involving allegations that the Company violated certain California state laws relating to on-duty meal and rest breaks. The parties agreed to a settlement, which was approved by the Court in November 2016. Our first payment in the amount of $725,704 was made on December 13, 2016. Our second and final payment of the same amount is due no later than December 31, 2017. The $51,408 increase in the total settlement amount was recorded in the quarter ended December 31, 2016. In addition to such cases, we have been named as a defendant in several uninsured employment related claims that are pending before various courts, the Equal Employment Opportunities Commission or various state and local agencies. We have instituted policies to minimize these occurrences and monitor those that do occur. At this time, we are unable to determine the impact on the financial position and results of operations that these claims may have, should the investigations conclude that they are valid. We have employment agreements with certain of our officers and key employees with varying terms. The agreements generally provide for annual salaries and for salary continuation for a specified number of months under certain circumstances, including a change in control of the Company. Approximately 59% of our workforce is not subject to a labor union. The remaining 41% of our workforce, including in particular, a number of employees based in our New York City security services office and at our airport offices at John F. Kennedy International and LaGuardia airports either subject to collective bargaining agreements or a recognition agreement with SEIU 32BJ. Three of the agreements, covering approximately 19% of our employees, expired on October 31, 2016, February 28, 2017 and March 31, 2017. We are currently involved in negotiations to renew the expired agreements. One other collective bargaining agreement, covering approximately 2% of our employees, is set to expire in June 2017. The remaining seven agreements are set to expire in September 2018 and thereafter.

Commitments

Commitments	12 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments	14. Commitments Leases We are obligated under various operating lease agreements for office space, equipment and auto rentals. Rent expense under operating lease agreements approximated $2.5 million and $2.4 million, for the fiscal years ended March 31, 2017 and 2016, respectively. There are no future minimum payments under long-term non-cancelable capital lease agreements. The future minimum payments under long-term non-cancelable operating lease agreements are as follows: Operating Leases Year ending: March 31, 2018 $ 1,416,000 March 31, 2019 1,130,000 March 31, 2020 737,000 March 31, 2021 539,000 March 31, 2022 524,000 Thereafter 988,000 Total $ 5,334,000

Stock Option Plans and Warrants

Stock Option Plans and Warrants	12 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Plans and Warrants	15. Stock Option Plans and Warrants In November 2000, the Company’s Board of Directors and stockholders approved the adoption of a qualified stock option plan. Under the stock option plan, substantially all employees are eligible to receive options to purchase up to an aggregate of 500,000 shares at an exercise price that cannot be less than the fair market value of the shares on the date the options are granted. In May 2010, options to purchase 205,000 shares of the Company’s common stock were issued. No options may be granted under this plan after 2010. During the fiscal year ended March 31, 2017, 4,200 options were forfeited. During the fiscal years ended March 31, 2017 and 2016, no options were exercised under this plan. The remaining 51,400 outstanding options are exercisable at any time before May 26, 2020 at $2.40 per share. In September 2005, the Company’s Board of Directors and stockholders approved the adoption of a qualified stock incentive plan. Under the stock incentive plan, substantially all employees of and consultants to, the Company, are eligible to receive options to purchase up to an aggregate of 1,000,000 shares of the Company’s common stock at an exercise price that cannot be less than the fair market value of the shares on the date the options are granted. In September and April 2007, options to purchase 80,000 and 65,000 shares of the Company’s common stock were issued. No options may be granted under this plan after July 29, 2015. During the fiscal year ended March 31, 2016, the company received proceeds of approximately $75,000 in connection with the exercise of stock options to purchase 61,054 shares of the Company’s common stock at an exercise price of $1.23. During the fiscal year ended March 31, 2017, the company received proceeds of approximately $27,000 in connection with the exercise of stock options to purchase 10,000 shares of the Company’s common stock at an exercise price of $2.67 per share. The vested outstanding options are exercisable as follows: Options Outstanding Exercise Price Expiration Date 15,000 3.00 April 11, 2017 10,000 3.19 September 19, 2017 13,753 3.36 September 17, 2018 500,000 3.37 September 28, 2018 14,233 3.08 December 30, 2018 In September 2009, the Company’s Board of Directors and stockholders approved the adoption of a qualified stock incentive plan. Under the stock incentive plan, substantially all employees of and consultants to, the Company, are eligible to receive options to purchase up to an aggregate of 2,250,000 shares of the Company’s common stock at an exercise price that cannot be less than the fair market value of the shares on the date the options are granted. In April, May, July and October 2010, options to purchase 116,283, 120,000, 31,624 and 74,616 shares of the Company’s common stock were issued, respectively. In March, June and September 2011, options to purchase 169,683, 109,553 and 120,000 shares of the Company’s common stock were issued. In January, April, August and November 2012, options to purchase 928,817 shares of the Company’s common stock were issued. In June and July 2013, options to purchase 120,000 shares of the Company’s common stock were issued. In July and December 2014, options to purchase 370,000 shares of the Company’s common stock were issued. During the fiscal year ended March 31, 2015, the Company received proceeds of $28,587 in connection with the exercise of stock options to purchase 17,867 shares of the Company’s common stock at an exercise price of $1.60 per share. During the fiscal year ended March 31, 2017, the Company received proceeds of approximately $69,000 in connection with the exercise of stock options to purchase 45,568 shares of the Company’s common stock at an exercise price of $1.52 per share. The vested outstanding options are exercisable as follows: Options Outstanding Exercise Price Expiration Date 18,425 $ 3.08 December 30, 2018 35,000 2.40 May 26, 2020 50,000 2.01 October 20, 2020 50,000 1.50 June 8, 2021 95,000 1.42 September 12, 2021 240,000 1.64 January 2, 2022 180,000 2.30 January 2, 2022 180,000 3.00 January 2, 2022 95,000 1.28 April 4, 2022 113,922 1.52 November 26, 2022 165,000 1.91 January 16, 2023 70,000 1.61 June 2, 2023 50,000 1.43 July 21, 2023 120,000 1.80 July 16, 2024 120,000 3.25 December 15, 2024 30,000 1.92 December 15, 2024 100,000 1.79 December 22, 2024 16,500 1.65 August 16, 2025 3,360 2.66 March 6, 2027 Certain of the option and warrant agreements contain anti-dilution adjustment clauses. A summary of activity related to all Company stock option activity for the years ended March 31, 2017 and 2016, is as follows: Options Exercise Number of Price Shares Outstanding at March 31, 2015 $ 1.21 - 3.37 2,481,208 Issued $ 1.65 50,000 Exercised $ 1.23 (61,054 ) Repurchased $ 1.52 (28,643 ) Forfeited $ 1.21 - 2.40 (15,010 ) Outstanding at March 31, 2016 $ 1.28 - 3.37 2,426,501 Issued $ 2.66 50,000 Exercised $ 1.52 - 2.67 (55,568 ) Forfeited $ 2.40 (4,200 ) Outstanding at March 31, 2017 $ 1.28 - 3.37 2,416,733 At March 31, 2017 there were 2,336,233 options outstanding and exercisable at prices ranging from $1.28 to $3.37 and 2,563,898 shares reserved for issuance under all stock arrangements. At March 31, 2017, there was $70,350 of total unrecognized compensation expense from stock-based compensation granted under the plans, which is related to non-vested options. The compensation expense is expected to be recognized over a weighted average vesting period of approximately 12 months. Significant option groups outstanding and exercisable at March 31, 2017 and the related weighted average exercise price and life information are as follows: Weighted Average Range of Options Options Exercise Remaining Exercise Price Outstanding Exercisable Price Life (years) $ 1.28 - $3.37 2,416,733 2,336,233 $ 2.33 4.5 The total intrinsic value of options outstanding as of March 31, 2017 was approximately $1,143,546. The weighted average estimated value of stock options granted during fiscal 2017 was $1.30. The weighted average estimated value of stock options granted during fiscal 2016 was $0.46. The weighted average assumptions used in the Black-Scholes option-pricing model were as follows: 2017 2016 Risk-free interest rate 2.02 % 1.37 % Years until exercise 5.00 5.00 Volatility 55.3 % 28.7 % Dividend yield 0.00 % 0.00 % Termination rate n/a n/a FASB ASC 718, Stock Compensation The Company recorded total stock based compensation costs of $17,915 and $103,793 for the fiscal years ended March 31, 2017 and 2016, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	16. Income Taxes Net provision for (benefit from) income taxes for the fiscal years ended March 31 consists of the following: 2017 2016 Current: Federal $ (70,267 ) $ 182,479 State and local (23,422 ) 91,083 (93,689 ) 273,562 Deferred: Federal (52,132 ) (1,560,459 ) State and local 89,821 (353,103 ) 37,689 (1,913,562 ) Net provision for (benefit from) income taxes $ (56,000 ) $ (1,640,000 ) The differences (expressed as a percentage of pretax income (loss)) between the statutory federal income tax rate and the effective income tax rate as reflected in the accompanying statements of operations are as follows: 2017 2016 Statutory federal income tax rate 34.0 % 34.0 % State and local income taxes 6.8 % 7.3 % Permanent differences (5.0 )% (2.9 )% Minority investment in unconsolidated affiliate (35.1 )% 1.1 % Other 1.7 % (1.3 )% Effective tax rate 2.4 % 38.2 % The Company is unable to determine if the earnings from the minority investment in the unconsolidated affiliate are permanently invested outside of the United States. Therefore, the Company has recognized income taxes and the related foreign tax credits on the foreign operations of these earnings. The earnings on the foreign operations of the minority investment in the unconsolidated affiliate will become taxable in the United States only to the extent that distributions are received by the Company. The permanent differences in our reconciliation of the effective tax rate for the years ended March 31, 2017 and 2016 are as follows: 2017 2016 Amortization of Customer Lists $ 219,696 (3.8 )% $ 219,471 (2.1 )% Other non-deductible expenses 73,361 (1.2 )% 75,879 (0.8 )% Total $ 293,057 (5.0 )% $ 295,350 (2.9 )% The permanent difference for amortization of customer lists arose through the acquisition of a business structured as a stock purchase. The Company amortizes the value of these customer lists for financial statement purposes, but is not allowed to deduct amortization of the customer lists for tax purposes. Other nondeductible expenses include meals, entertainment and penalties. During the year ended March 31, 2017, the Company recorded a $2.1 million impairment charge in connection with its investment in OPSA. Any capital loss when and if the investment is sold is not expected to be deductible because the Company does not expect to have capital gains to utilize the capital loss if ultimately recognized. The significant components of deferred tax assets and liabilities as of March 31, 2017 and 2016 are as follows: 2017 2016 Current deferred tax assets: Accrued expenses $ 651,793 $ 324,338 Litigation settlement 297,295 288,820 Accounts receivable 221,325 268,283 Net current deferred tax assets $ 1,170,413 $ 881,441 Non-current deferred tax assets (liabilities): Workers’ compensation reserve $ 3,022,916 $ 3,083,094 Employee stock compensation 439,805 444,842 Intangible assets 307,268 325,532 Litigation settlement - 288,820 Insurance reserves 149,453 252,702 Accrued expenses 70,050 66,230 Capital loss carry-forward - 54,672 Impairment of minority investment in unconsolidated affiliate 856,758 (93,400 ) Equipment (44,130 ) (95,797 ) Net non-current deferred tax assets $ 4,802,120 $ 4,326,695 Allowance for deferred tax asset related to capital loss carry-forward - (54,672 ) Allowance for deferred tax asset related to minority investment in unconsolidated affiliate (856,758 ) - Total deferred tax assets $ 5,115,775 $ 5,153,464 As of March 31, 2016, we had fully reserved for a capital loss carry-forward in the amount of $132,500 which did not reverse before the carry-forward expired unused in fiscal 2017. As of March 31, 2017, we have fully reserved for a deferred tax asset in the amount of $856,758 related to impairment of our minority investment in an unconsolidated affiliate. Fiscal years 2014 through 2017 remain subject to examination by federal and state taxing authorities with certain states having open tax years beginning in fiscal 2013.

Issuer Purchases of Equity Secu

Issuer Purchases of Equity Securities	12 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Issuer Purchases of Equity Securities	17. Issuer Purchases of Equity Securities Under active stock repurchase programs, we may repurchase up to $4,000,000 of our common stock on the open market. Common stock repurchases are recorded as treasury stock, at cost. Shares repurchased during December 2011 have been retired. Shares repurchased during February 2012 and December 2012 are being held in treasury. The program does not have a prescribed expiration date. During the fiscal years ended March 31, 2017 and 2016 the Company did not repurchase any shares under these programs. The number and average price of shares purchased to date under these programs is as set forth in the table below: Total Amount Purchased Maximum Amount that Total Number as part of Publicly may yet be Purchased Period of Shares Purchased Average Price Paid Per Share Announced Program under the Program December 8 - 16, 2011 136,600 $ 1.52 $ 208,363 $ 1,791,637 February 13 - 21, 2012 1,075,000 $ 1.64 $ 1,975,353 $ 24,647 December 1 - 31, 2012 677,200 $ 1.60 $ 3,058,873 $ 941,127 1,888,800 $ 1.62

Schedule II Schedule of Valuati

Schedule II Schedule of Valuation and Qualifying Accounts	12 Months Ended
	Mar. 31, 2017
Valuation and Qualifying Accounts [Abstract]
Schedule II Schedule of Valuation and Qualifying Accounts	Schedule II COMMAND SECURITY CORPORATION SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS Balance at Beginning Additions (Reductions) Charged or Credited to Additions to/(Deductions from) Balance at End of of Period Expenses Reserve Period Year ended March 31, 2017: Deducted from asset accounts: Allowance for doubtful accounts receivable - current maturities $ 650,226 $ (138,547 ) $ 30,810 $ 542,489 Year ended March 31, 2016: Deducted from asset accounts: Allowance for doubtful accounts receivable - current maturities $ 614,105 $ 426,752 $ (390,631 ) $ 650,226

Business Description and Summ25

Business Description and Summary of Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Principal Business Activities	Principal Business Activities We are a security services company which principally provides uniformed security officers and aviation security services to commercial, financial, industrial, aviation and governmental customers throughout the United States. We provide our security services to our customers through Command Security, our security division, and our aviation security services through our Aviation Safeguards division. The Company has operations in California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia and Wisconsin.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Command Security Corporation and its consolidated subsidiary. All intercompany balances and transactions are eliminated upon consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowances for doubtful accounts, depreciation and amortization, income tax assets and insurance reserves. Estimates are based on historical experience, where applicable or other assumptions that our management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, our actual results may differ from those estimates under different assumptions or conditions.
Revenue Recognition	Revenue Recognition We record revenue as services are provided to our customers. Revenue relates primarily to the provision of aviation and security services, which are typically billed at hourly rates. These rates may vary depending on base, overtime and holiday time worked. Revenue is reported net of applicable taxes.
Cash and Cash Equivalents	Cash and Cash Equivalents We define cash and cash equivalents as operating cash (non-restricted) and highly liquid investments with maturities of ninety (90) days or less at the date of purchase. The carrying amounts of our cash equivalents approximate their fair values.
Accounts Receivable	Accounts Receivable We periodically evaluate the requirement for providing for billing adjustments and/or reflect the extent to which we will be able to collect our accounts receivable. We provide for billing adjustments where management determines that there is a likelihood of a significant adjustment for disputed billings. Criteria used by management to evaluate the adequacy of the allowance for doubtful accounts include, among others, the creditworthiness of the customer, current trends, prior payment performance, the age of the receivables and our overall historical loss experience. Individual accounts are charged off against the allowance as management deems them to be uncollectible.
Minority Investment in Unconsolidated Affiliate	Minority Investment in Unconsolidated Affiliate The Company including its consolidated subsidiary, OPS LLC, uses the equity method to account for its investment in OPSA. Equity method investments are recorded at original cost and adjusted periodically to recognize: (i) our proportionate share of investees’ net income or losses after the date of the investment; (ii) additional contributions made or distributions received; and (iii) impairment losses resulting from adjustments to net realizable value. The Company reviews its investment accounted for under the equity method of accounting for impairment whenever events or changes in circumstances indicate a loss in the value of the investment may be other than temporary.
Furniture and Equipment	Furniture and Equipment Furniture and equipment are stated at cost. Depreciation is generally recorded using the straight-line method over estimated useful lives of the equipment ranging from three to seven years.
Intangible Assets	Intangible Assets Intangible assets are stated at cost and consist primarily of customer lists that are being amortized on a straight-line basis over a period of ten years, and goodwill, which is reviewed annually for impairment. The life assigned to customer lists acquired is based on management’s estimate of our expected customer attrition rate. The attrition rate is estimated based on historical contract longevity and management’s operating experience. We test for impairment annually or when events and circumstances warrant such a review, if earlier. Any potential impairment is evaluated based on anticipated undiscounted future cash flows and actual customer attrition in accordance with FASB ASC 360, Property, Plant and Equipment
Insurance Reserves	Insurance Reserves General liability estimated accrued liabilities are calculated on an undiscounted basis based on actual claim data and estimates of incurred but not reported claims developed utilizing historical claim trends. Projected settlements and incurred but not reported claims are estimated based on pending claims, historical trends and related data. Workers’ compensation annual costs are comprised of premiums as well as incurred losses as determined at the end of the coverage period, subject to minimum and maximum amounts. Workers’ compensation insurance claims and reserves include accruals of estimated settlements for known claims, as well as accruals of estimates for claims incurred but not yet reported as provided by a third party. In estimating these accruals, we consider historical loss experience and make judgments about the expected levels of costs per claim. We believe our estimates of future liability are reasonable based upon our methodology; however, changes in health care costs, accident frequency and severity and other factors could materially affect the estimate for these liabilities. The Company continually monitors changes in claim type and incident and evaluates the workers’ compensation insurance accrual, making necessary adjustments based on the evaluation of these qualitative data points. The Company is self-insured up to certain stop loss amounts for worker’s compensation claims. The Company has purchased stop loss coverage that insures individual claims that exceed $500,000. Additionally, the Company has purchased stop loss coverage that insures claims in the aggregate that exceed $6.5 million and $6.2 million for the policy years ended September 30, 2017 and 2016 respectively. The Company’s workers’ compensation insurance premiums (including loss fund deposits, surcharges, assessments, broker’s fees and excluding loss fund handling charges) were $3.27 million and $3.25 million for the policy years ended September 30, 2017 and 2016, respectively. Related loss handling charges for the policy year ended September 30, 2017 as of March 31, 2017 were approximately $40,000, as compared with loss handling charges of approximately $45,000 for the full policy year ended September 30, 2016. Since October 1, 2015, the Company has utilized the services of a third party administrator to manage workers’ compensation claims.
Income Taxes	Income Taxes Income taxes are based on income (loss) for financial reporting purposes and reflect a current tax liability (asset) for the estimated taxes payable (recoverable) in the current year tax return and changes in deferred taxes. Deferred tax assets or liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using enacted tax laws and rates. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not that the asset will not be realized. We recognize the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. In the event that interest and/or penalties are assessed in connection with our tax filings, interest will be recorded as interest expense and penalties as selling, general and administrative expense. We did not have any unrecognized tax benefits as of March 31, 2017 and 2016.
Income (Loss) Per Share	Income (Loss) per Share Under the requirements of FASB ASC 260, Earnings per Share For the fiscal years ended March 31, 2017 and 2016, the Company reported net loss and, accordingly, potential common shares that would cause dilution, such as employee stock options, have been excluded from the diluted share count because their inclusion would have been anti-dilutive.
Stock-Based Compensation	Stock-Based Compensation FASB ASC 718, Stock Compensation
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of cash, accounts receivable, prepaid expenses, checks issued in advance of deposits, accounts payable and accrued expenses are reasonable estimates of the fair values because of their short-term maturity. The fair value of the Company’s debt is based on the borrowing rates currently available to the Company for loans and leases with similar terms and average maturities. FASB ASC 820, Fair Value Measurements and Disclosures ● Level 1, defined as observable inputs such as quoted prices in active markets for identical assets; ● Level 2, defined as observable inputs other than Level 1 prices such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and ● Level 3, defined as unobservable inputs in which little or no market data exists; therefore requiring an entity to develop its own assumptions.
Reclassifications	Reclassifications Certain amounts previously reported for prior periods have been reclassified to conform to the current year presentation in the accompanying consolidated financial statements. Such reclassifications had no effect on the results of operations or shareholders’ equity as previously recorded.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB and the International Accounting Standards Board (IASB) issued, ASU 2014-09 (Topic 606) Revenue from Contracts with Customers In November 2015, the FASB issued ASU 2015-17, “ Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, “ Leases (Topic 842) In March 2016, the FASB issued ASU No. 2016-09, “ Improvements to Employee Share-Based Payment Accounting In August 2016, the FASB issued new guidance on cash flow statement presentation ASU 2016-15, Statement of Cash Flows (Topic 230); Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU 2017-04 “ Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In May 2017, the FASB issued ASU 2017-09 (ASU 2017-09), “ Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting

Furniture and Equipment (Tables

Furniture and Equipment (Tables)	12 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Furniture and Equipment	Furniture and equipment at March 31, 2017 and 2016 consist of the following: 2017 2016 Transportation equipment $ 232,954 $ 232,954 Security equipment 1,347,003 1,347,003 Office furniture and equipment 2,785,052 2,774,658 4,365,009 4,354,615 Accumulated depreciation (4,218,664 ) (4,096,458 ) Total $ 146,345 $ 258,157

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets at March 31, 2017 and 2016 consist of the following: 2017 2016 Customer Lists $ 4,274,915 $ 4,274,915 Goodwill 895,258 895,258 5,170,173 5,170,173 Accumulated amortization (4,141,591 ) (3,805,207 ) Total $ 1,028,582 $ 1,364,966

Minority Investment in Uncons28

Minority Investment in Unconsolidated Affiliate (Tables)	12 Months Ended
	Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Investment	Our investment in OPSA which is included in minority investment in unconsolidated affiliate in our balance sheet consists of the following: March 31, 2017 March 31, 2016 Capital contributions $ 2,125,000 $ 2,125,000 Cumulative share of income 488,291 570,291 Impairment of equity method investment (2,100,000 ) - Investment balance $ 513,291 $ 2,695,291
Schedule of Summarized Financial Information	The following summarizes the combined assets, liabilities and equity, and combined results of operations of our equity method investment in OPSA as of December 31, 2016 and December 31, 2015: December 31, 2016 December 31, 2015 Current assets $ 1,492,360 $ 2,415,252 Goodwill 9,941,946 10,441,941 Other non-current assets 97,340 236,066 Total assets $ 11,531,646 $ 13,093,259 Current liabilities $ 6,411,313 $ 4,349,785 Non-current liabilities 1,430,819 4,459,298 Shareholders’ equity 3,689,514 4,284,176 Total liabilities and shareholders’ equity $ 11,531,646 $ 13,093,259 Condensed consolidated statement of operations for the year ended December 31, 2016 and December 31, 2015: 2016 2015 Net operating revenues $ 8,948,531 $ 12,571,572 Gross profit $ 2,812,742 $ 4,117,222 Operating expenses $ 1,985,822 $ 2,638,364 Net income (loss) from continuing operations $ (368,194 ) $ 1,086,486

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Mar. 31, 2017
Fair Value Measurements Tables
Fair Value, Assets Measured On Recurring and Nonrecurring Basis	Asset groups containing values measured, and presented on a non-recurring fair value basis at March 31, 2017 are as follows: Description Value Level 3 Impairment Equity Method Investment $ 513,291 $ 513,291 $ 2,100,000

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Mar. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other assets at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Workers’ compensation insurance $ 2,804,341 $ 1,258,066 Other receivables 16,831 44,958 Security deposits 138,171 140,019 Deferred tax asset 5,115,775 5,153,464 8,075,118 6,596,507 Current portion (3,991,584 ) (2,184,465 ) Total non-current portion $ 4,083,534 $ 4,412,042

Accrued Expenses and Other Li31

Accrued Expenses and Other Liabilities (Tables)	12 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Accrued expenses and other liabilities at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Payroll and related expenses $ 8,076,807 $ 5,530,554 Taxes and fees payable 325,763 320,333 Accrued interest payable 13,508 4,756 Other 3,087,396 2,465,654 Total $ 11,503,474 $ 8,321,297

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Short-term Borrowings	Short-term borrowings at March 31, 2017 and 2016 consist of the following: March 31, 2017 March 31, 2016 Line of credit $ 12,228,679 $ 7,011,743

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	12 Months Ended
	Mar. 31, 2017
Loss per share of common stock
Schedule of Income (Loss) Per Share, Basic and Diluted	The following is a reconciliation of the numerators and the denominators of the basic and diluted per-share computations for net income (loss) for the fiscal years ended March 31, 2017 and 2016: Loss Shares Per-Share (Numerator) (Denominator) Amount Year ended March 31, 2017 Basic and diluted EPS $ (2,324,589 ) 9,824,763 $ (0.24 ) Year ended March 31, 2016 Basic and diluted EPS $ (2,656,323 ) 9,771,578 $ (0.27 )

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	The future minimum payments under long-term non-cancelable operating lease agreements are as follows: Operating Leases Year ending: March 31, 2018 $ 1,416,000 March 31, 2019 1,130,000 March 31, 2020 737,000 March 31, 2021 539,000 March 31, 2022 524,000 Thereafter 988,000 Total $ 5,334,000

Stock Option Plans and Warran35

Stock Option Plans and Warrants (Tables)	12 Months Ended
	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Stock Option Activity	A summary of activity related to all Company stock option activity for the years ended March 31, 2017 and 2016, is as follows: Options Exercise Number of Price Shares Outstanding at March 31, 2015 $ 1.21 - 3.37 2,481,208 Issued $ 1.65 50,000 Exercised $ 1.23 (61,054 ) Repurchased $ 1.52 (28,643 ) Forfeited $ 1.21 - 2.40 (15,010 ) Outstanding at March 31, 2016 $ 1.28 - 3.37 2,426,501 Issued $ 2.66 50,000 Exercised $ 1.52 - 2.67 (55,568 ) Forfeited $ 2.40 (4,200 ) Outstanding at March 31, 2017 $ 1.28 - 3.37 2,416,733
Summary of Options Outstanding and Exercisable	Significant option groups outstanding and exercisable at March 31, 2017 and the related weighted average exercise price and life information are as follows: Weighted Average Range of Options Options Exercise Remaining Exercise Price Outstanding Exercisable Price Life (years) $ 1.28 - $3.37 2,416,733 2,336,233 $ 2.33 4.5
Summary of Option Fair Value Assumptions	The weighted average assumptions used in the Black-Scholes option-pricing model were as follows: 2017 2016 Risk-free interest rate 2.02 % 1.37 % Years until exercise 5.00 5.00 Volatility 55.3 % 28.7 % Dividend yield 0.00 % 0.00 % Termination rate n/a n/a
Plan One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Vested Outstanding Options Exercisable	The vested outstanding options are exercisable as follows: Options Outstanding Exercise Price Expiration Date 15,000 3.00 April 11, 2017 10,000 3.19 September 19, 2017 13,753 3.36 September 17, 2018 500,000 3.37 September 28, 2018 14,233 3.08 December 30, 2018
Plan Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Vested Outstanding Options Exercisable	The vested outstanding options are exercisable as follows: Options Outstanding Exercise Price Expiration Date 18,425 $ 3.08 December 30, 2018 35,000 2.40 May 26, 2020 50,000 2.01 October 20, 2020 50,000 1.50 June 8, 2021 95,000 1.42 September 12, 2021 240,000 1.64 January 2, 2022 180,000 2.30 January 2, 2022 180,000 3.00 January 2, 2022 95,000 1.28 April 4, 2022 113,922 1.52 November 26, 2022 165,000 1.91 January 16, 2023 70,000 1.61 June 2, 2023 50,000 1.43 July 21, 2023 120,000 1.80 July 16, 2024 120,000 3.25 December 15, 2024 30,000 1.92 December 15, 2024 100,000 1.79 December 22, 2024 16,500 1.65 August 16, 2025 3,360 2.66 March 6, 2027

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Net provision for (benefit from) income taxes for the fiscal years ended March 31 consists of the following: 2017 2016 Current: Federal $ (70,267 ) $ 182,479 State and local (23,422 ) 91,083 (93,689 ) 273,562 Deferred: Federal (52,132 ) (1,560,459 ) State and local 89,821 (353,103 ) 37,689 (1,913,562 ) Net provision for (benefit from) income taxes $ (56,000 ) $ (1,640,000 )
Schedule of Effective Income Tax Rate Reconciliation	The differences (expressed as a percentage of pretax income (loss)) between the statutory federal income tax rate and the effective income tax rate as reflected in the accompanying statements of operations are as follows: 2017 2016 Statutory federal income tax rate 34.0 % 34.0 % State and local income taxes 6.8 % 7.3 % Permanent differences (5.0 )% (2.9 )% Minority investment in unconsolidated affiliate (35.1 )% 1.1 % Other 1.7 % (1.3 )% Effective tax rate 2.4 % 38.2 %
Schedule of Income Tax Reconciliation Permanent Differences	The permanent differences in our reconciliation of the effective tax rate for the years ended March 31, 2017 and 2016 are as follows: 2017 2016 Amortization of Customer Lists $ 219,696 (3.8 )% $ 219,471 (2.1 )% Other non-deductible expenses 73,361 (1.2 )% 75,879 (0.8 )% Total $ 293,057 (5.0 )% $ 295,350 (2.9 )%
Schedule of Deferred Tax Assets and Liabilities	The significant components of deferred tax assets and liabilities as of March 31, 2017 and 2016 are as follows: 2017 2016 Current deferred tax assets: Accrued expenses $ 651,793 $ 324,338 Litigation settlement 297,295 288,820 Accounts receivable 221,325 268,283 Net current deferred tax assets $ 1,170,413 $ 881,441 Non-current deferred tax assets (liabilities): Workers’ compensation reserve $ 3,022,916 $ 3,083,094 Employee stock compensation 439,805 444,842 Intangible assets 307,268 325,532 Litigation settlement - 288,820 Insurance reserves 149,453 252,702 Accrued expenses 70,050 66,230 Capital loss carry-forward - 54,672 Impairment of minority investment in unconsolidated affiliate 856,758 (93,400 ) Equipment (44,130 ) (95,797 ) Net non-current deferred tax assets $ 4,802,120 $ 4,326,695 Allowance for deferred tax asset related to capital loss carry-forward - (54,672 ) Allowance for deferred tax asset related to minority investment in unconsolidated affiliate (856,758 ) - Total deferred tax assets $ 5,115,775 $ 5,153,464

Issuer Purchases of Equity Se37

Issuer Purchases of Equity Securities (Tables)	12 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Class of Treasury Stock	The number and average price of shares purchased to date under these programs is as set forth in the table below: Total Amount Purchased Maximum Amount that Total Number as part of Publicly may yet be Purchased Period of Shares Purchased Average Price Paid Per Share Announced Program under the Program December 8 - 16, 2011 136,600 $ 1.52 $ 208,363 $ 1,791,637 February 13 - 21, 2012 1,075,000 $ 1.64 $ 1,975,353 $ 24,647 December 1 - 31, 2012 677,200 $ 1.60 $ 3,058,873 $ 941,127 1,888,800 $ 1.62

Business Description and Summ38

Business Description and Summary of Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Sep. 30, 2016	Mar. 31, 2016
Finite-lived intangible asset, useful life	10 years
Workers compensation stop loss insurance		$ 3,250,000
General insurance expense	$ 40,000	$ 45,000
Income tax likelihood percentage, description	greater than 50% likely of being realized.
Unrecognized tax benefits
Individual Claims [Member]
Workers compensation stop loss insurance	500,000
Aggregate Claims [Member]
Workers compensation stop loss insurance	6,500,000		$ 6,200,000
September 30, 2017 [Member]
Workers compensation stop loss insurance	$ 3,270,000
Minimum [Member]
Furniture and equipment, useful life	3 years
Maximum [Member]
Furniture and equipment, useful life	7 years

Furniture and Equipment (Detail

Furniture and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Furniture And Equipment Details Narrative
Depreciation expense	$ 122,206	$ 178,186

Furniture and Equipment - Sched

Furniture and Equipment - Schedule of Furniture and Equipment (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Property, plant and equipment, gross, total	$ 4,365,009	$ 4,354,615
Accumulated depreciation	(4,218,664)	(4,096,458)
Property, plant and equipment, net, total	146,345	258,157
Transportation Equipment [Member]
Property, plant and equipment, gross, total	232,954	232,954
Security Equipment [Member]
Property, plant and equipment, gross, total	1,347,003	1,347,003
Office Furniture and Equipment [Member]
Property, plant and equipment, gross, total	$ 2,785,052	$ 2,774,658

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 895,258	$ 895,258
Amortization expense	336,384	$ 398,839
Goodwill and intangible assets amortization next twelve months	106,680
Goodwill and intangible assets amortization expense year two	$ 26,644

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Intangible Assets - Schedule Of Intangible Assets Details
Customer Lists	$ 4,274,915	$ 4,274,915
Goodwill	895,258	895,258
Intangible Assets Gross	5,170,173	5,170,173
Accumulated amortization	(4,141,591)	(3,805,207)
Total	$ 1,028,582	$ 1,364,966

Minority Investment in Uncons43

Minority Investment in Unconsolidated Affiliate (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Sep. 21, 2016	Mar. 31, 2015
Equity method investment, ownership percentage	30.00%
Equity method investments		$ 513,291		$ 2,695,291				$ 2,125,000
Equity method investment, summarized financial information, percentage of decrease in revenue			29.00%		16.00%
Equity method investment, summarized financial information, percentage of decrease in gross profit			32.00%		10.00%
Net income from continuing operations			$ 400,000		$ 1,100,000	$ 1,600,000
Equity method investment, summarized financial information, percentage of gross profit on revenues			31.40%		32.80%	30.60%
Loss from equity method investments		$ 82,000		$ (65,291)
Fair value of investment, percentage		30.00%
Non-cash charge		$ 2,100,000
OPSA Ltd [Member]
Fair value of investment, value		$ 500,000
OPSA Ltd [Member]
Equity method investment, ownership percentage	20.00%
Equity method investment ownership transfer, percentage							80.00%
OPSA Ltd [Member] | Class A Common Units [Member]
Stock issued during period, shares, acquisitions	2,000
Equity method investments	$ 2,125,000

Minority Investment in Uncons44

Minority Investment in Unconsolidated Affiliate - Schedule of Investment (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Capital contributions	$ 2,695,291	$ 2,125,000
Cumulative share of income	88,291	570,291
Impairment of equity method investment	(2,100,000)
Investment balance	$ 513,291	$ 2,695,291

Minority Investment in Uncons45

Minority Investment in Unconsolidated Affiliate - Schedule of Summarized Financial Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Current assets	$ 1,492,360	$ 2,415,252
Goodwill	9,941,946	10,441,941
Other non-current assets	97,340	236,066
Total assets	11,531,646	13,093,259
Current liabilities	6,411,313	4,349,785
Non-current liabilities	1,430,819	4,459,298
Shareholders' equity	3,689,514	4,284,176
Total liabilities and shareholders' equity	11,531,646	13,093,259
Net operating revenues	8,948,531	12,571,572
Gross profit	2,812,742	4,117,222
Operating expenses	1,985,822	2,638,364
Net income (loss) from continuing operations	$ (368,194)	$ 1,086,486

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value, Assets Measured On Recurring and Nonrecurring Basis (Details)	12 Months Ended
	Mar. 31, 2017USD ($)
Equity method investment	$ 513,291
Impairment	2,100,000
Fair Value, Inputs, Level 3 [Member]
Equity method investment	$ 513,291

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Workers' compensation insurance	$ 2,804,341	$ 1,258,066
Other receivables	16,831	44,958
Security deposits	138,171	140,019
Deferred tax asset	5,115,775	5,153,464
Other assets, total	8,075,118	6,596,507
Current portion	(3,991,584)	(2,184,465)
Total non-current portion	$ 4,083,534	$ 4,412,042

Accrued Expenses and Other Li48

Accrued Expenses and Other Liabilities - Schedule of Accounts Payable and Accrued Liabilities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Payables and Accruals [Abstract]
Payroll and related expenses	$ 8,076,807	$ 5,530,554
Taxes and fees payable	325,763	320,333
Accrued interest payable	13,508	4,756
Other	3,087,396	2,465,654
Total	$ 11,503,474	$ 8,321,297

Borrowings (Details Narrative)

Borrowings (Details Narrative) - USD ($)	Feb. 12, 2009	Mar. 31, 2017	Mar. 30, 2017	Mar. 31, 2016	Mar. 31, 2015
Short-term Debt [Line Items]
Revolving line of credit		$ 12,228,679		$ 7,011,743
Cash and cash equivalents, at carrying value, total		1,042,291		$ 1,486,854	$ 2,435,839
Revolving Credit Facility [Member]
Short-term Debt [Line Items]
Debt instrument, basis spread on variable rate	1.50%
Revolving line of credit		$ 4,200,000
Debt instrument, interest rate, stated percentage		3.00%
Wells Fargo Credit Agreement [Member]
Short-term Debt [Line Items]
Line of credit facility, maximum borrowing capacity	$ 20,000,000
Debt instrument, maturity date	Mar. 31, 2020
Wells Fargo Credit Agreement [Member] | Minimum [Member]
Short-term Debt [Line Items]
Revolving line of credit			$ 20,000,000
Wells Fargo Credit Agreement [Member] | Maximum [Member]
Short-term Debt [Line Items]
Revolving line of credit			$ 27,500,000
Letter Of Credit Sub Line [Member]
Short-term Debt [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,500,000
Revolving line of credit		$ 500,000
London Interbank Offered Rate Loans [Member]
Short-term Debt [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Revolving line of credit		$ 8,000,000
Debt instrument, interest rate, stated percentage		2.75%
Credit Agreement [Member]
Short-term Debt [Line Items]
Debt instrument, interest rate, stated percentage		72.40%

Borrowings - Schedule of Short-

Borrowings - Schedule of Short-term Borrowings (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Debt Disclosure [Abstract]
Line of credit	$ 12,228,679	$ 7,011,743

Income (Loss) per Share (Detail

Income (Loss) per Share (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Loss per share of common stock
Stock based compensation	$ 18,000	$ 104,000
Antidilutive securities excluded from computation of earnings per share, amount	10,216,594	10,020,208

Income (Loss) per Share - Sched

Income (Loss) per Share - Schedule of Income (Loss) Per Share, Basic and Diluted (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Loss per share of common stock
Basic and diluted EPS Loss	$ (2,324,589)	$ (2,656,323)
Basic and diluted EPS, Shares	9,824,763	9,771,578
Basic and diluted EPS, Per share	$ (0.24)	$ (0.27)

Retirement Plans (Details Narra

Retirement Plans (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Retirement Benefits [Abstract]
Defined contribution plan, cost recognized	$ 640,000	$ 218,000

Concentrations of Credit Risk54

Concentrations of Credit Risk and Significant Customers (Details Narrative)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Accounts Receivable [Member] | Commercial and Industrial Sector [Member]
Concentration risk, percentage	21.00%	55.00%
Accounts Receivable [Member] | New York [Member]
Concentration risk, percentage	30.00%	43.00%
Accounts Receivable [Member] | California [Member]
Concentration risk, percentage	14.00%	30.00%
Sales Revenue, Services, Net [Member]
Concentration risk, percentage	36.00%	45.00%
Sales Revenue, Net [Member] | Six Customers [Member]
Concentration risk, percentage	52.00%	45.00%
Sales Revenue, Net [Member] | Two Customers [Member]
Concentration risk, percentage	13.00%
Sales Revenue, Net [Member] | Customer 1 [Member]
Concentration risk, percentage		14.00%
Sales Revenue, Net [Member] | Customer 2 [Member]
Concentration risk, percentage		13.00%

Insurance Reserves (Details Nar

Insurance Reserves (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Workers' compensation liabilities	$ 3,100,000	$ 4,600,000
Non Aviation Related Business [Member]
Segment Reporting Information [Line Items]
Insurance policy coverage per occurrence	1,000,000
Umbrella insurance policy coverage per occurrence	5,000,000
Excess liability insurance policy coverage per occurrence	10,000,000
Self insured amount per occurrence	25,000
Aviation Related Business [Member]
Segment Reporting Information [Line Items]
Insurance policy coverage per occurrence	30,000,000
Self insured amount per occurrence	5,000
Airport Wheelchair and Electric Cart Operations [Member]
Segment Reporting Information [Line Items]
Self insured amount per occurrence	50,000
Aircraft Operations [Member]
Segment Reporting Information [Line Items]
Self insured amount per occurrence	25,000
Skycap Operations [Member]
Segment Reporting Information [Line Items]
Self insured amount per occurrence	$ 100,000

Contingencies (Details Narrativ

Contingencies (Details Narrative) - USD ($)	Dec. 13, 2016	Sep. 14, 2016	Dec. 31, 2016	Mar. 31, 2017
Payment of litigation settlement	$ 725,704	$ 249,000
Increase of litigation settlement amount			$ 51,408
Six Agreement [Member]
Agrrement expiry date description				The remaining six agreements are set to expire in September 2018 and thereafter.
Employees [Member] | Three Agreement [Member]
Concentration risk, percentage				19.00%
Agrrement expiry date description				expired October 31, 2016, February 28, 2017 and March 31, 2017
Employees [Member] | One Agreement [Member]
Concentration risk, percentage				2.00%
Agreement expiry date				Jun. 30, 2016
Labor Force Concentration Risk [Member] | Workforce Not Subject to Collective Bargaining Arrangements [Member]
Concentration risk, percentage				59.00%
Labor Force Concentration Risk [Member] | Workforce Subject to Collective Bargaining Arrangements [Member]
Concentration risk, percentage				41.00%
Non Aviation Related Business [Member]
Self insured amount per occurrence				$ 25,000
Aviation Related Business [Member]
Self insured amount per occurrence				5,000
Airport Wheelchair and Electric Cart Operations [Member]
Self insured amount per occurrence				50,000
Aircraft Operations [Member]
Self insured amount per occurrence				25,000
Skycap Operations [Member]
Self insured amount per occurrence				$ 100,000

Commitments (Details Narrative)

Commitments (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Operating leases, rent expense	$ 2,500,000	$ 2,400,000

Commitments - Schedule of Futur

Commitments - Schedule of Future Minimum Rental Payments for Operating Leases (Details)	Mar. 31, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
March 31, 2018	$ 1,416,000
March 31, 2019	1,130,000
March 31, 2020	737,000
March 31, 2021	539,000
March 31, 2022	524,000
Thereafter	988,000
Total	$ 5,334,000

Stock Option Plans and Warran59

Stock Option Plans and Warrants (Details Narrative) - USD ($)	1 Months Ended																	12 Months Ended
	Dec. 31, 2014	Jul. 31, 2014	Jul. 31, 2013	Jun. 30, 2013	Nov. 30, 2012	Aug. 31, 2012	Apr. 30, 2012	Jan. 31, 2012	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Oct. 31, 2010	Jul. 31, 2010	May 31, 2010	Apr. 30, 2010	Sep. 30, 2007	Apr. 30, 2007	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2009	Sep. 30, 2005	Nov. 30, 2000
Number of option to purchase shares of common stock issued																		50,000	50,000
Number of stock option shares forfeited																		4,200	15,010
Remaining exercisable stock option																		2,416,733	2,426,501	2,481,208
Stock option exercised																		55,568	61,054
Proceeds from stock options exercised																		$ 106,546	$ 75,095
Options outstanding exercisable																		2,336,233
Range of Exercise Price, minimum																		$ 1.28
Range of Exercise Price, maximum																		$ 3.37
Number of shares reserved for future issuance																		2,563,898
Unrecognized compensation expense																		$ 70,350
unrecognized compensation expense from weighted average vesting period																		12 months
Total intrinsic value of option outstanding																		$ 1,143,546
Weighted average fair value of stock options granted																		$ 1.30	$ 0.46
Share-based compensation, total																		$ 17,915	$ 103,793
2000 Qualified Stock Option Plan [Member]
Number of option to purchase shares of stock																							500,000
Number of option to purchase shares of common stock issued														205,000
Number of stock option shares forfeited																		4,200
Remaining exercisable stock option																		51,400
Share based compensation shares authorized under stock option plans defined exercise price																		$ 2.40
2005 Qualified Stock Incentive Plan [Member]
Number of option to purchase shares of stock																						1,000,000
Number of option to purchase shares of common stock issued																80,000	65,000
Stock option exercised																		10,000	61,054
Proceeds from stock options exercised																		$ 27,000	$ 75,000
Deferred compensation arrangement with individual, exercise price																		$ 2.67	$ 1.23
2009 Qualified Stock Incentive Plan [Member]
Number of option to purchase shares of stock																					2,250,000
Number of option to purchase shares of common stock issued	370,000	370,000	120,000	120,000	928,817	928,817	928,817	928,817	120,000	109,553	169,683	74,616	31,624	120,000	116,283
Stock option exercised																		45,568		17,867
Proceeds from stock options exercised																		$ 69,000		$ 28,587
Deferred compensation arrangement with individual, exercise price																		$ 1.52		$ 1.60

Stock Option Plans and Warran60

Stock Option Plans and Warrants - Schedule of Vested Outstanding Options Exercisable (Details)	12 Months Ended
	Mar. 31, 2017$ / sharesshares
Plan One [Member] | Exercise Price One [Member]
Options Outstanding | shares	15,000
Exercise Price | $ / shares	$ 3
Expiration Date	Apr. 11, 2017
Plan One [Member] | Exercise Price Two [Member]
Options Outstanding | shares	10,000
Exercise Price | $ / shares	$ 3.19
Expiration Date	Sep. 19, 2017
Plan One [Member] | Exercise Price Three [Member]
Options Outstanding | shares	13,753
Exercise Price | $ / shares	$ 3.36
Expiration Date	Sep. 17, 2018
Plan One [Member] | Exercise Price Four [Member]
Options Outstanding | shares	500,000
Exercise Price | $ / shares	$ 3.37
Expiration Date	Sep. 28, 2018
Plan One [Member] | Exercise Price Five [Member]
Options Outstanding | shares	14,233
Exercise Price | $ / shares	$ 3.08
Expiration Date	Dec. 30, 2018
Plan Two [Member] | Exercise Price One [Member]
Options Outstanding | shares	18,425
Exercise Price | $ / shares	$ 3.08
Expiration Date	Dec. 30, 2018
Plan Two [Member] | Exercise Price Two [Member]
Options Outstanding | shares	35,000
Exercise Price | $ / shares	$ 2.40
Expiration Date	May 26, 2020
Plan Two [Member] | Exercise Price Three [Member]
Options Outstanding | shares	50,000
Exercise Price | $ / shares	$ 2.01
Expiration Date	Oct. 20, 2020
Plan Two [Member] | Exercise Price Four [Member]
Options Outstanding | shares	50,000
Exercise Price | $ / shares	$ 1.50
Expiration Date	Jun. 8, 2021
Plan Two [Member] | Exercise Price Five [Member]
Options Outstanding | shares	95,000
Exercise Price | $ / shares	$ 1.42
Expiration Date	Sep. 12, 2021
Plan Two [Member] | Exercise Price Six [Member]
Options Outstanding | shares	240,000
Exercise Price | $ / shares	$ 1.64
Expiration Date	Jan. 2, 2022
Plan Two [Member] | Exercise Price Seven [Member]
Options Outstanding | shares	180,000
Exercise Price | $ / shares	$ 2.30
Expiration Date	Jan. 2, 2022
Plan Two [Member] | Exercise Price Eight [Member]
Options Outstanding | shares	180,000
Exercise Price | $ / shares	$ 3
Expiration Date	Jan. 2, 2022
Plan Two [Member] | Exercise Price Nine [Member]
Options Outstanding | shares	95,000
Exercise Price | $ / shares	$ 1.28
Expiration Date	Apr. 4, 2022
Plan Two [Member] | Exercise Price Ten [Member]
Options Outstanding | shares	113,922
Exercise Price | $ / shares	$ 1.52
Expiration Date	Nov. 26, 2022
Plan Two [Member] | Exercise Price Eleven [Member]
Options Outstanding | shares	165,000
Exercise Price | $ / shares	$ 1.91
Expiration Date	Jan. 16, 2023
Plan Two [Member] | Exercise Price Twelve [Member]
Options Outstanding | shares	70,000
Exercise Price | $ / shares	$ 1.61
Expiration Date	Jun. 2, 2023
Plan Two [Member] | Exercise Price Thirteen [Member]
Options Outstanding | shares	50,000
Exercise Price | $ / shares	$ 1.43
Expiration Date	Jul. 21, 2023
Plan Two [Member] | Exercise Price Fourteen [Member]
Options Outstanding | shares	120,000
Exercise Price | $ / shares	$ 1.80
Expiration Date	Jul. 16, 2024
Plan Two [Member] | Exercise Price Fifteen [Member]
Options Outstanding | shares	120,000
Exercise Price | $ / shares	$ 3.25
Expiration Date	Dec. 15, 2024
Plan Two [Member] | Exercise Price Sixteen [Member]
Options Outstanding | shares	30,000
Exercise Price | $ / shares	$ 1.92
Expiration Date	Dec. 15, 2024
Plan Two [Member] | Exercise Price Seventeen [Member]
Options Outstanding | shares	100,000
Exercise Price | $ / shares	$ 1.79
Expiration Date	Dec. 22, 2024
Plan Two [Member] | Exercise Price Eighteen [Member]
Options Outstanding | shares	16,500
Exercise Price | $ / shares	$ 1.65
Expiration Date	Aug. 16, 2025
Plan Two [Member] | Exercise Price Nineteen [Member]
Options Outstanding | shares	3,360
Exercise Price | $ / shares	$ 2.66
Expiration Date	Mar. 6, 2027

Stock Option Plans and Warran61

Stock Option Plans and Warrants - Summary of Stock Option Activity (Details) - $ / shares	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Exercise Price, Issued	$ 2.66	$ 1.65
Exercise Price, Exercised		1.23
Exercise Price, Repurchased		$ 1.52
Exercise Price, Forfeited	$ 2.40
Number of Shares Outstanding Opening Balance	2,426,501	2,481,208
Number of Shares, Issued	50,000	50,000
Number of Shares, Exercised	(55,568)	(61,054)
Number of Shares, Repurchased		(28,643)
Number of Shares, Forfeited	(4,200)	(15,010)
Number of Shares Outstanding Ending Balance	2,416,733	2,426,501
Minimum [Member]
Exercise Price Outstanding Opening Balance	$ 1.28	$ 1.21
Exercise Price, Exercised	1.52
Exercise Price, Forfeited		1.21
Exercise Price Outstanding Ending Balance	1.28	1.28
Maximum [Member]
Exercise Price Outstanding Opening Balance	3.37	3.37
Exercise Price, Exercised	2.67
Exercise Price, Forfeited		2.40
Exercise Price Outstanding Ending Balance	$ 3.37	$ 3.37

Stock Option Plans and Warran62

Stock Option Plans and Warrants - Summary of Options Outstanding and Exercisable (Details)	12 Months Ended
	Mar. 31, 2017$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Range of Exercise Price, minimum	$ 1.28
Range of Exercise Price, maximum	$ 3.37
Options Outstanding | shares	2,416,733
Weighted Average Options Exercisable | shares	2,336,233
Weighted Average Exercise Price	$ 2.33
Remaining Life (years)	4 years 6 months

Stock Option Plans and Warran63

Stock Option Plans and Warrants - Summary of Option Fair Value Assumptions (Details)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	2.02%	1.37%
Years until exercise	5 years	5 years
Volatility	55.30%	28.70%
Dividend yield	0.00%	0.00%
Termination rate	0.00%	0.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Capital loss carryforward		$ 132,500
Operating loss carryforward expiration		2,017
Minority investment in unconsolidated affiliate	$ 856,758	$ (93,400)
Income tax examination, year under examination	2,013
Impairment of investment	$ 2,100,000
Minimum [Member]
Income tax examination, year under examination	2,014
Maximum [Member]
Income tax examination, year under examination	2,017

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Current: Federal	$ (70,267)	$ 182,479
Current: State and local	(23,422)	91,083
Total	(93,689)	273,562
Deferred: Federal	(52,132)	(1,560,459)
Deferred: State and local	89,821	(353,103)
Total	37,689	(1,913,562)
Net provision for (benefit from) income taxes	$ (56,000)	$ (1,640,000)

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	34.00%	34.00%
State and local income taxes	6.80%	7.30%
Permanent differences	(5.00%)	(2.90%)
Minority investment in unconsolidated affiliate	(35.10%)	1.10%
Other	1.70%	(1.30%)
Effective tax rate	2.40%	38.20%

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Reconciliation Permanent Differences (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Amortization of Customer Lists, Amount	$ 219,696	$ 219,471
Other non-deductible expenses, amount	73,361	75,879
Total	$ 293,057	$ 295,350
Amortization of Customer Lists, Percentage	(3.80%)	(2.10%)
Other non-deductible expenses, percentage	(1.20%)	(0.80%)
Total	(5.00%)	(2.90%)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Accrued expenses	$ 651,793	$ 324,338
Litigation settlement	297,295	288,820
Accounts receivable	221,325	268,283
Net current deferred tax assets	1,170,413	881,441
Workers' compensation reserve	3,022,916	3,083,094
Employee stock compensation	439,805	444,842
Intangible assets	307,268	325,532
Litigation settlement		288,820
Insurance reserves	149,453	252,702
Accrued expenses	70,050	66,230
Capital loss carry-forward		54,672
Impairment of minority investment in unconsolidated affiliate	856,758	(93,400)
Equipment	(44,130)	(95,797)
Net non-current deferred tax assets	4,802,120	4,326,695
Allowance for deferred tax asset related to capital loss carry-forward		(54,672)
Allowance for deferred tax asset related to minority investment in unconsolidated affiliate	(856,758)
Total deferred tax assets	$ 5,115,775	$ 5,153,464

Issuer Purchases of Equity Se69

Issuer Purchases of Equity Securities (Details Narrative)	Mar. 31, 2017USD ($)
Equity [Abstract]
Maximum stock repurchase program authorized	$ 4,000,000

Issuer Purchases of Equity Se70

Issuer Purchases of Equity Securities - Class of Treasury Stock (Details) - USD ($)	Feb. 21, 2012	Dec. 16, 2011	Dec. 31, 2012	Mar. 31, 2017
Equity [Abstract]
Total Number of Shares Purchased	1,075,000	136,600	677,200	1,888,800
Average Price Paid Per Share	$ 1.64	$ 1.52	$ 1.60	$ 1.62
Total Amount Purchased as part of Publicly Announced Program	$ 1,975,353	$ 208,363	$ 3,058,873
Maximum Amount that may yet be Purchased under the Program	$ 24,647	$ 1,791,637	$ 941,127

Schedule II Schedule of Valua71

Schedule II Schedule of Valuation and Qualifying Accounts (Details) - Allowance for Doubtful Accounts, Current [Member] - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Balance at Beginning of Period	$ 650,226	$ 614,105
Additions (Reductions) Charged or Credited to Expenses	(138,547)	426,752
Additions to/(Deductions from) Reserve	30,810	(390,631)
Balance at End of Period	$ 542,489	$ 650,226