Statements of Operations (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Revenues and other income:
Operating lease revenue, net	$ 21,913,300	$ 18,794,200
Maintenance reserves revenue, net	3,393,600	14,910,400
Net gain on disposal of assets	3,147,200	3,808,200
Other income	252,400	718,800
Total Income	28,706,500	38,231,600
Expenses:
Provision for impairment in value of aircraft	18,736,500	0
Maintenance	7,478,400	6,962,400
Depreciation	7,299,000	7,363,100
Management fees, net of approximately $1,200,000 of fees waived by JMC in 2014	3,864,900	4,369,300
Interest	5,134,200	4,075,000
Professional fees, general and administrative and other	1,718,800	1,174,500
Insurance	1,255,300	1,166,400
Other taxes	465,200	90,200
Bad debt expense	0	357,600
Total expenses	45,952,300	25,558,500
(Loss)/income before income tax provision	(17,245,800)	12,673,100
Income tax (benefit)/provision	(5,951,800)	4,329,200
Net (loss)/income	$ (11,294,000)	$ 8,343,900
(Loss)/earnings per share:
Basic (in dollars per share)	$ (7.32)	$ 5.41
Diluted (in dollars per share)	$ (7.32)	$ 5.26
Weighted average shares used in (loss)/earnings per share computations:
Basic (in shares)	1,543,257	1,543,257
Diluted (in shares)	1,543,257	1,587,036