Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues and other income:
Operating lease revenue, net	$ 6,511,300	$ 4,815,400	$ 19,281,500	$ 15,998,500
Net gain on disposal of assets	1,095,400	1,809,400	5,639,200	2,963,900
Maintenance reserves revenue, net	0	0	589,000	3,393,600
Other income	184,700	700	277,000	151,800
Total Income	7,791,400	6,625,500	25,786,700	22,507,800
Expenses:
Depreciation	2,281,500	1,731,500	6,931,400	5,609,900
Interest	1,458,900	1,225,000	4,805,300	3,793,000
Management fees	1,411,100	1,205,000	4,260,800	3,864,900
Maintenance	197,300	2,173,200	3,037,500	5,819,800
Professional fees, general and administrative and other	237,700	360,200	957,700	1,488,000
Insurance	242,200	413,600	330,900	1,034,100
Other taxes	49,500	362,500	164,700	407,600
Provision for impairment in value of aircraft	0	11,718,700	147,500	18,518,700
Total expenses	5,878,200	19,189,700	20,635,800	40,536,000
Income/(loss) before income tax provision	1,913,200	(12,564,200)	5,150,900	(18,028,200)
Income tax provision/(benefit)	658,200	(4,317,200)	1,788,400	(6,230,400)
Net income/(loss)	$ 1,255,000	$ (8,247,000)	$ 3,362,500	$ (11,797,800)
Earnings/(loss) per share:
Basic (in dollars per share)	$ 0.81	$ (5.34)	$ 2.18	$ (7.64)
Diluted (in dollars per share)	$ 0.81	$ (5.34)	$ 2.17	$ (7.64)
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)	1,548,469	1,543,257	1,552,181	1,543,257