Balance Sheets (Unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Assets:
Cash and cash equivalents	$ 2,588,100	$ 2,112,700
Accounts receivable, including deferred rent of $32,100 and $217,200 at September 30, 2014 and December 31, 2013, respectively	2,726,300	3,303,800
Finance leases receivable	945,400	1,895,200
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $37,665,700 and $50,679,300 at September 30, 2014 and December 31, 2013, respectively	159,408,600	152,954,600
Assets held for sale	6,561,200	735,000
Prepaid expenses and other	4,296,700	3,633,000
Total assets	176,526,300	164,634,300
Liabilities:
Accounts payable and accrued expenses	2,239,700	1,202,700
Notes payable and accrued interest	108,352,400	77,527,300
Maintenance reserves	13,777,200	16,671,800
Accrued maintenance costs	1,778,400	1,612,100
Security deposits	5,579,300	6,265,000
Unearned revenues	2,121,400	646,700
Deferred income taxes	7,540,700	14,573,800
Taxes payable	800,100	0
Total liabilities	142,189,200	118,499,400
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	20,059,500	31,857,300
Shareholders equity before treasury stock	34,841,200	46,639,000
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	34,337,100	46,134,900
Total liabilities and stockholders' equity	$ 176,526,300	$ 164,634,300