Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Assets:
Cash and cash equivalents	$ 1,880,700	$ 1,840,500
Accounts receivable, including deferred rent of $264,400 and $111,300 at March 31, 2015 and December 31, 2014, respectively	2,530,300	2,128,600
Finance leases receivable	4,600,000	0
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $39,019,900 and $38,962,800 at March 31, 2015 and December 31, 2014, respectively	180,724,000	186,762,600
Assets held for sale	5,295,900	6,522,900
Prepaid expenses and other	324,400	415,900
Total assets	195,355,300	197,670,500
Liabilities:
Accounts payable and accrued expenses	1,295,400	2,818,200
Notes payable and accrued interest, net of unamortized debt issuance costs of $3,371,500 and $4,104,400 at March 31, 2015 and December 31, 2014, respectively	126,105,400	129,486,200
Maintenance reserves	14,407,900	12,927,700
Accrued maintenance costs	1,299,100	2,115,700
Security deposits	4,253,700	5,218,300
Unearned revenues	3,379,500	1,642,200
Deferred income taxes	9,020,400	8,621,300
Income taxes payable	800	0
Total liabilities	159,762,200	162,829,600
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	21,315,500	20,563,300
Shareholders equity before treasury stock	36,097,200	35,345,000
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	35,593,100	34,840,900
Total liabilities and stockholders' equity	$ 195,355,300	$ 197,670,500