Condensed Balance Sheets (Unaudited) (USD $)	Mar. 31, 2012	Dec. 31, 2011
Assets:
Cash and cash equivalents	$ 1,702,500	$ 995,500
Accounts receivable, including deferred rent of $1,822,600 and $1,923,300, net of allowance for doubtful accounts of $1,924,400 at March 31, 2012 and December 31, 2011	3,504,400	2,936,100
Finance lease receivable	1,228,800	1,271,400
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $50,422,000 and $48,935,200 at March 31, 2012 and December 31, 2011, respectively	131,257,300	124,245,000
Prepaid expenses and other	2,488,700	1,378,000
Total assets	140,181,700	130,826,000
Liabilities:
Accounts payable and accrued expenses	442,100	368,100
Notes payable and accrued interest	72,196,900	65,672,700
Maintenance reserves and accrued maintenance costs	6,426,200	5,814,700
Security deposits	5,665,600	5,607,300
Unearned revenues	723,400	558,200
Deferred income taxes	12,688,000	12,094,400
Taxes payable	24,300	20,400
Total liabilities	98,166,500	90,135,800
Commitments and contingencies
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	27,737,600	26,412,600
Shareholders equity before treasury stock	42,519,300	41,194,300
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	42,015,200	40,690,200
Total liabilities and stockholders' equity	$ 140,181,700	$ 130,826,000