Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues and other income:
Operating lease revenue, net	$ 6,332,400	$ 5,332,300	$ 12,770,200	$ 11,183,100
Net gain on disposal of assets	2,681,900	762,500	4,543,800	1,154,400
Maintenance reserves revenue, net	261,700	1,717,800	589,000	3,393,600
Other income	91,900	66,700	92,300	151,100
Total Income	9,367,900	7,879,300	17,995,300	15,882,200
Expenses:
Depreciation	2,322,100	2,012,600	4,649,900	3,878,400
Interest	1,468,100	1,261,200	3,346,400	2,568,100
Management fees	1,416,400	1,332,600	2,849,700	2,659,900
Maintenance	1,458,200	1,302,300	2,840,200	3,646,600
Professional fees, general and administrative and other	309,400	822,900	720,000	1,127,500
Provision for impairment in value of aircraft	147,500	6,800,000	147,500	6,800,000
Other taxes	57,500	22,500	115,200	45,100
Insurance	103,200	313,300	88,700	620,600
Total expenses	7,282,400	13,867,400	14,757,600	21,346,200
Income/(loss) before income tax provision	2,085,500	(5,988,100)	3,237,700	(5,464,000)
Income tax provision/(benefit)	730,200	(2,067,700)	1,130,200	(1,913,200)
Net income/(loss)	$ 1,355,300	$ (3,920,400)	$ 2,107,500	$ (3,550,800)
Earnings/(loss) per share:
Basic (in dollars per share)	$ 0.88	$ (2.54)	$ 1.37	$ (2.30)
Diluted (in dollars per share)	$ 0.87	$ (2.54)	$ 1.36	$ (2.30)
Weighted average shares used in earnings/(loss) per share computations:
Basic (in shares)	1,543,257	1,543,257	1,543,257	1,543,257
Diluted (in shares)	1,555,008	1,543,257	1,553,904	1,543,257