Organization and Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015 USD ($) Aircraft	Dec. 31, 2014 USD ($) Engine
Aircraft Capitalization and Depreciation [Abstract]
Aircraft useful life	12 years
Property Subject to or Available for Operating Lease [Line Items]
Impairment charge	$ 1,282,300	$ 18,736,500
Notes payable and accrued interest	107,621,600	129,486,200
Impairment of Long-lived Assets [Abstract]
Provision for impairment in value of aircraft	1,282,300	18,736,500
Revenue Recognition, Accounts Receivable and Allowance for Doubtful Accounts [Abstract]
Allowance for doubtful accounts	$ 0	$ 0
Finance Leases [Abstract]
Number of aircraft held for lease | Aircraft	5
Number of leased engines returned to the Company | Engine		2
Interest earned on finance lease	$ 489,700	$ 150,000
Credit Facility [Member]
Property Subject to or Available for Operating Lease [Line Items]
Notes payable and accrued interest	110,435,600	133,590,600
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	1,946,600	1,044,300
Liabilities recorded at fair value	0	0
Aircraft [Member] | Held for Lease [Member]
Property Subject to or Available for Operating Lease [Line Items]
Impairment charge	147,500	3,124,200
Impairment of Long-lived Assets [Abstract]
Provision for impairment in value of aircraft	147,500	3,124,200
Aircraft [Member] | Held for Sale [Member]
Property Subject to or Available for Operating Lease [Line Items]
Impairment charge	1,134,800	15,612,300
Fair value of assets	3,689,100	6,522,900
Impairment of Long-lived Assets [Abstract]
Provision for impairment in value of aircraft	$ 1,134,800	$ 15,612,300