Condensed Balance Sheet (Unaudited) (USD $)	Jun. 30, 2011	Dec. 31, 2010
Assets:
Cash and cash equivalents	$ 1,464,800	$ 1,949,400
Accounts receivable, including deferred rent of $1,686,800 and $1,054,400, net of allowance for doubtful accounts of $1,842,700 and $0 at June 30, 2011 and December 31, 2010, respectively	3,986,300	2,005,000
Finance lease receivable	1,354,300	0
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $45,997,800 and $47,185,900 at June 30, 2011 and December 31, 2010, respectively	120,057,200	126,822,600
Prepaid expenses and other	2,299,100	2,234,300
Total assets	129,161,700	133,011,300
Liabilities:
Accounts payable and accrued expenses	523,700	627,800
Notes payable and accrued interest	64,008,400	65,375,500
Maintenance reserves and accrued maintenance costs	8,066,200	6,861,900
Security deposits	4,756,000	4,661,800
Unearned revenues	601,200	577,200
Deferred income taxes	11,493,700	12,766,500
Total liabilities	89,449,200	90,870,700
Stockholders' equity:
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.001 par value, 10,000,000 shares authorized, 1,606,557 shares issued and outstanding	1,600	1,600
Paid-in capital	14,780,100	14,780,100
Retained earnings	25,434,900	27,863,000
Stockholder's Equity Total	40,216,600	42,644,700
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	39,712,500	42,140,600
Total liabilities and stockholders' equity	$ 129,161,700	$ 133,011,300