XML 38 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
Organization and Summary of Significant Accounting Policies (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Engine
Property Subject to or Available for Operating Lease [Line Items]          
Impairment charge $ 0 $ 11,718,700 $ 147,500 $ 18,518,700  
Aircraft and aircraft engines held for lease, net 163,812,700   163,812,700   $ 186,762,600
Finance Leases [Abstract]          
Number of leased engines returned to the Company | Engine         2
Interest earned on finance lease 184,000 0 275,400 150,000  
Balance Sheets [Abstract]          
Prepaid expenses and other 214,700   214,700   $ 415,900
Total assets 191,310,200   191,310,200   197,670,500
Notes payable and accrued interest 119,436,900   119,436,900   129,486,200
Total liabilities and stockholders' equity 191,310,200   191,310,200   197,670,500
As Reported Previously [Member]          
Balance Sheets [Abstract]          
Prepaid expenses and other         4,520,300
Total assets         201,774,900
Notes payable and accrued interest         133,590,600
Total liabilities and stockholders' equity         201,774,900
As Adjusted [Member]          
Balance Sheets [Abstract]          
Prepaid expenses and other         415,900
Total assets         197,670,500
Notes payable and accrued interest         129,486,200
Total liabilities and stockholders' equity         197,670,500
Effect of Change [Member]          
Balance Sheets [Abstract]          
Prepaid expenses and other         (4,104,400)
Total assets         (4,104,400)
Notes payable and accrued interest         (4,104,400)
Total liabilities and stockholders' equity         (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 2,245,800   2,245,800   1,044,300
Liabilities recorded at fair value 0   0   0
Turboprop Aircraft [Member] | Held for Lease [Member]          
Property Subject to or Available for Operating Lease [Line Items]          
Impairment charge 0        
Aircraft and aircraft engines held for lease, net 1,317,000   1,317,000    
Regional Jet Aircraft and Turboprop Aircraft [Member] | Held for Lease [Member]          
Property Subject to or Available for Operating Lease [Line Items]          
Impairment charge   2,906,400 147,500 2,906,400  
Aircraft and aircraft engines held for lease, net   7,837,300   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   $ 8,812,300 0 $ 15,612,300  
Fair value of assets $ 5,147,600   $ 5,147,600   $ 6,522,900