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Operating Segments (Tables)
12 Months Ended
Dec. 31, 2015
Operating Segments [Abstract]  
Geographic information of operating lease revenue
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
 
Net book value of aircraft and aircraft engines held for lease
  
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