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Organization and Summary of Significant Accounting Policies (Details)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2015
USD ($)
Aircraft
Mar. 31, 2015
Aircraft
Jun. 30, 2015
USD ($)
Aircraft
Sep. 30, 2014
USD ($)
Aircraft
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
Aircraft
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Aircraft
Dec. 31, 2014
USD ($)
Aircraft
Engine
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge     $ 147,500   $ 6,800,000 $ 147,500 $ 6,800,000    
Aircraft and aircraft engines held for lease, net $ 170,638,700   170,638,700     170,638,700   $ 186,762,600 $ 186,762,600
Finance Leases [Abstract]                  
Number of aircraft leases with bargain purchase options | Aircraft 1 1              
Number of leased engines returned to the Company | Engine                 2
Interest earned on finance lease     91,400   $ 66,200 91,400 150,000    
Balance Sheets [Abstract]                  
Prepaid expenses and other $ 276,100   276,100     276,100   415,900 $ 415,900
Total assets 196,929,100   196,929,100     196,929,100   197,670,500 197,670,500
Notes payable and accrued interest 124,266,500   124,266,500     124,266,500   129,486,200 129,486,200
Total liabilities and stockholders' equity 196,929,100   196,929,100     196,929,100   197,670,500 197,670,500
As Reported Previously [Member]                  
Balance Sheets [Abstract]                  
Prepaid expenses and other               4,520,300 4,520,300
Total assets               201,774,900 201,774,900
Notes payable and accrued interest               133,590,600 133,590,600
Total liabilities and stockholders' equity               201,774,900 201,774,900
As Adjusted [Member]                  
Balance Sheets [Abstract]                  
Prepaid expenses and other               415,900 415,900
Total assets               197,670,500 197,670,500
Notes payable and accrued interest               129,486,200 129,486,200
Total liabilities and stockholders' equity               197,670,500 197,670,500
Effect of Change [Member]                  
Balance Sheets [Abstract]                  
Prepaid expenses and other               (4,104,400) (4,104,400)
Total assets               (4,104,400) (4,104,400)
Notes payable and accrued interest               (4,104,400) (4,104,400)
Total liabilities and stockholders' equity               (4,104,400) (4,104,400)
Recurring [Member]                  
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis [Abstract]                  
Money market funds included in cash and cash equivalents 1,545,200   1,545,200     1,545,200   1,044,300 1,044,300
Liabilities recorded at fair value $ 0   $ 0     $ 0   $ 0 $ 0
Regional Jet Aircraft [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Number of aircraft held for lease | Aircraft       2          
Number of aircraft held for sale | Aircraft               5 5
Regional Jet Aircraft [Member] | Held for Sale [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge             $ 6,800,000    
Number of aircraft held for sale | Aircraft 5   5     5      
Turboprop Aircraft [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge     $ 147,500            
Number of aircraft held for lease | Aircraft       2          
Number of aircraft held for sale | Aircraft               1 1
Sale of aircraft, carrying value               $ 1,100,000 $ 1,100,000
Turboprop Aircraft [Member] | Held for Lease [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge     147,500            
Aircraft and aircraft engines held for lease, net $ 1,317,000   $ 1,317,000     $ 1,317,000      
Turboprop Aircraft [Member] | Held for Sale [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Number of aircraft held for sale | Aircraft 2   2     2      
Regional Jet Aircraft and Turboprop Aircraft [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Number of aircraft held for sale | Aircraft               6 6
Regional Jet Aircraft and Turboprop Aircraft [Member] | Held for Lease [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge       $ 3,124,200          
Aircraft and aircraft engines held for lease, net       $ 7,837,300          
Regional Jet Aircraft and Turboprop Aircraft [Member] | Held for Sale [Member]                  
Property Subject to or Available for Operating Lease [Line Items]                  
Impairment charge           $ 0   $ 15,612,300  
Aircraft and aircraft engines held for lease, net               $ 6,100,000 $ 6,100,000