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Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues and other income:    
Operating lease revenue, net $ 5,850,800 $ 4,900,200
Maintenance reserves revenue, net 1,675,800 6,528,500
Net gain on disposal of assets 391,900 218,200
Other income 84,400 550,000
Total Income 8,002,900 12,196,900
Expenses:    
Maintenance 2,344,300 2,139,500
Depreciation 1,865,800 1,757,200
Management fees 1,327,300 1,095,900
Interest 1,307,000 1,065,600
Insurance 307,200 253,700
Professional fees, general and administrative and other 304,500 327,000
Other taxes 22,600 22,600
Total expenses 7,478,700 6,661,500
Income before income tax provision 524,200 5,535,400
Income tax provision 154,500 1,717,500
Net income $ 369,700 $ 3,817,900
Earnings per share:    
Basic (in dollars per share) $ 0.24 $ 2.47
Diluted (in dollars per share) $ 0.23 $ 2.41
Weighted average shares used in earnings per share computations:    
Basic (in shares) 1,543,257 1,543,257
Diluted (in shares) 1,583,064 1,582,327