Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Statements of Cash Flows (Unaudited) [Abstract]
Net cash provided by operating activities	$ 4,783,300	$ 3,241,900
Investing activities:
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees	2,738,000	1,650,000
Proceeds from sale of assets held for sale, net of re-sale fees	215,200	36,000
Purchases of aircraft and aircraft engines	(32,225,000)	(1,766,400)
Net cash used in investing activities	(29,271,800)	(80,400)
Financing activities:
Borrowings under Credit Facility	30,600,000	0
Repayments of Credit Facility	(3,200,000)	(300,000)
Debt issuance costs	(95,000)	(2,055,000)
Net cash provided by/(used in) financing activities	27,305,000	(2,355,000)
Net increase in cash and cash equivalents	2,816,500	806,500
Cash and cash equivalents, beginning of period	2,112,700	1,596,800
Cash and cash equivalents, end of period	$ 4,929,200	$ 2,403,300