Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Statements of Cash Flows (Unaudited) [Abstract]
Net cash provided by operating activities	$ 5,032,200	$ 5,403,700
Investing activities:
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees	9,316,400	4,882,800
Proceeds from sale of assets held for sale, net of re-sale fees	225,800	207,700
Purchases of aircraft and aircraft engines	(32,234,000)	(4,089,000)
Net cash (used in)/provided by investing activities	(22,691,800)	1,001,500
Financing activities:
Borrowings under Credit Facility	32,100,000	2,000,000
Repayments of Credit Facility	(8,200,000)	(300,000)
Debt issuance costs	(2,443,500)	(2,055,000)
Net cash provided by/(used in) financing activities	21,456,500	(355,000)
Net increase in cash and cash equivalents	3,796,900	6,050,200
Cash and cash equivalents, beginning of period	2,112,700	1,596,800
Cash and cash equivalents, end of period	$ 5,909,600	$ 7,647,000