Operating Segments

12 Months Ended

Dec. 31, 2015

Operating Segments [Abstract]

Operating Segments

4.Operating Segments

The Company operates in one business segment, the leasing of regional aircraft to foreign and domestic regional airlines, and therefore does not present separate segment information for lines of business.

Approximately 16% and 18% of the Company's operating lease revenue was derived from lessees domiciled in the United States during 2015 and 2014, respectively.  All revenues relating to aircraft leased and operated internationally are denominated and payable in U.S. dollars.

The tables below set forth geographic information about the Company's operating lease revenue for leased aircraft and aircraft equipment, grouped by domicile of the lessee:

	For the Years Ended December 31,
Operating Lease Revenue	2015		2014
Europe and United Kingdom	$	7,181,600	$	2,952,300
North America		6,519,100		6,423,700
Africa		5,096,300		5,183,600
Asia		3,783,000		3,460,400
Central and South America		1,790,200		3,533,300
Australia		1,097,000		360,000
	$	25,467,200	$	21,913,300

	December 31,
Net Book Value of Aircraft and Aircraft Engines Held for Lease	2015		2014
North America	$	44,368,100	$	65,423,400
Europe and United Kingdom		42,162,900		43,468,700
Africa		27,234,800		28,858,200
Asia		27,132,800		16,588,900
Off lease		7,443,200		17,106,000
Australia		4,376,300		5,171,300
Central and South America		2,540,000		10,146,100
	$	155,258,100	$	186,762,600