Operating Segments (Tables)

12 Months Ended

Dec. 31, 2014

Operating Segments [Abstract]

Geographic information of operating lease revenue

The tables below set forth geographic information about the Company’s operating lease revenue for leased aircraft and aircraft equipment, grouped by domicile of the lessee:

	For the Years Ended December 31,
Operating Lease Revenue	2014		2013
North America	$	6,423,700	$	1,542,000
Africa		5,183,600		5,454,700
Central and South America		3,533,300		4,233,000
Asia		3,460,400		4,149,000
Europe and United Kingdom		2,952,300		3,415,500
Australia		360,000		-
	$	21,913,300	$	18,794,200

Net book value of aircraft and aircraft engines held for lease

	December 31,
Net Book Value of Aircraft and Aircraft Engines Held for Lease	2014		2013
North America	$	65,423,400	$	17,779,000
Europe and United Kingdom		43,468,700		20,384,700
Africa		28,858,200		29,951,800
Off lease		17,106,000		34,446,300
Asia		16,588,900		31,068,800
Central and South America		10,146,100		19,324,000
Australia		5,171,300		-
	$	186,762,600	$	152,954,600