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Operating Segments (Tables)
12 Months Ended
Dec. 31, 2013
Operating Segments [Abstract]  
Geographic information of operating lease revenue
The tables below set forth geographic information about the Company’s operating lease revenue for leased aircraft and aircraft equipment, grouped by domicile of the lessee: 

   
For the Years Ended December 31,
 
Operating Lease Revenue
 
2013
  
2012
 
        
Africa
 $5,454,700  $4,401,600 
Asia
  4,149,000   4,143,100 
Caribbean
  3,600,000   5,402,400 
Europe and United Kingdom
  3,415,500   6,366,500 
North America
  1,542,000   2,707,100 
South America
  633,000   641,600 
   $18,794,200  $23,662,300 
Net book value of aircraft and aircraft engines held for lease
 
December 31,
 
Net Book Value of Aircraft and Aircraft Engines Held for Lease
 
2013
  
2012
 
        
Off lease
 $34,446,300  $20,359,600 
Asia
  30,489,400   27,577,900 
Africa
  29,951,800   32,962,100 
Europe and United Kingdom
  20,384,700   25,012,300 
North America
  17,779,000   7,386,800 
Caribbean
  13,209,300   27,145,800 
South America
  6,114,700   3,223,200 
   $152,375,200  $143,667,700