Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash and cash equivalents	$ 1,840,500	$ 2,112,700
Accounts receivable, including deferred rent of $111,300 and $217,200 at December 31, 2014 and December 31, 2013, respectively	2,128,600	3,303,800
Finance lease receivable	0	1,895,200
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $38,962,800 and $50,679,300 at December 31, 2014 and December 31, 2013, respectively	186,762,600	152,954,600
Assets held for sale	6,522,900	735,000
Prepaid expenses and other	4,520,300	3,633,000
Total assets	201,774,900	164,634,300
Liabilities:
Accounts payable and accrued expenses	2,818,200	1,202,700
Notes payable and accrued interest	133,590,600	77,527,300
Maintenance reserves	12,927,700	16,671,800
Accrued maintenance costs	2,115,700	1,612,100
Security deposits	5,218,300	6,265,000
Unearned revenues	1,642,200	646,700
Deferred income taxes	8,621,300	14,573,800
Total liabilities	166,934,000	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	20,563,300	31,857,300
Shareholders equity before treasury stock	35,345,000	46,639,000
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	34,840,900	46,134,900
Total liabilities and stockholders' equity	$ 201,774,900	$ 164,634,300