Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 2,219,900	$ 2,721,000
Accounts receivable, including deferred rent of $537,300 and $359,200 at June 30, 2016 and December 31, 2015, respectively	3,221,500	5,693,500
Finance leases receivable	11,753,500	11,895,600
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $30,324,800 and $31,074,600 at June 30, 2016 and December 31, 2015, respectively	133,444,300	155,258,100
Assets held for sale	2,388,500	5,228,400
Prepaid expenses and other	1,298,600	228,400
Total assets	154,326,300	181,025,000
Liabilities:
Accounts payable and accrued expenses	1,094,700	1,138,400
Notes payable and accrued interest, net of unamortized debt issuance costs of $2,440,500 and $2,814,000 at June 30, 2016 and December 31, 2015, respectively	76,368,800	107,621,600
Maintenance reserves	14,237,200	13,230,000
Accrued maintenance costs	1,734,600	382,300
Security deposits	2,859,600	3,212,600
Unearned revenues	3,400,100	1,957,400
Deferred income taxes	12,620,500	12,204,200
Total liabilities	112,315,500	139,746,500
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.001 par value, 10,000,000 shares authorized, 1,629,999 shares issued and outstanding	1,600	1,600
Paid-in capital	14,780,100	14,780,100
Retained earnings	27,733,200	27,000,900
Shareholders equity before treasury stock	42,514,900	41,782,600
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	42,010,800	41,278,500
Total liabilities and stockholders' equity	$ 154,326,300	$ 181,025,000