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Aircraft and Aircraft Engines Held for Lease or Sale (Details)
1 Months Ended 3 Months Ended 6 Months Ended
May 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
Aircraft
Jun. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
Aircraft
Asset
Jun. 30, 2015
USD ($)
Dec. 31, 2015
Aircraft
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Remainder of 2016   $ 9,504,400   $ 9,504,400    
2017   16,259,000   16,259,000    
2018   12,218,900   12,218,900    
2019   11,528,100   11,528,100    
2020   10,407,100   10,407,100    
Thereafter   17,211,700   17,211,700    
Total   77,129,200   77,129,200    
Payment for equipment and acquisition costs related to aircraft purchased         $ 23,900  
Proceeds from insurance       18,886,700 0  
Gain from insurance   $ 2,146,500 $ 0 $ 2,146,500 460,000  
Number of assets lease term extended | Aircraft       1    
Number of off leased assets leased | Aircraft   2        
Asset impairment charge   $ 246,200 147,500 $ 321,200 147,500  
Proceeds from the sale of airframe parts       $ 3,059,900 1,816,300  
Held for Lease [Member]            
Aircraft and aircraft engines held for lease or sale [Abstract]            
Percentage of net book value   8.00%   8.00%    
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Payment for equipment and acquisition costs related to aircraft purchased       $ 963,600    
Number of aircraft repossessed | Asset       3    
Number of off leased assets leased | Asset       6    
Percentage of net book value   8.00%   8.00%    
Held for Sale [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Asset impairment charge       $ 75,000    
Proceeds from the sale of airframe parts       $ 41,100 $ 129,400  
Turboprop Aircraft [Member]            
Aircraft and aircraft engines held for lease or sale [Abstract]            
Number owned | Aircraft   14   14   16
Percentage of net book value   39.00%   39.00%   45.00%
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Number of aircraft sales type finance leases | Aircraft       2    
Proceeds from insurance $ 17,640,000     $ 1,246,700    
Gain from insurance       $ 2,146,500    
Percentage of net book value   39.00%   39.00%   45.00%
Turboprop Aircraft [Member] | Held for Lease [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Number of off leased assets leased | Asset       5    
Turboprop Airframe [Member] | Held for Sale [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Number of aircraft sold | Aircraft       2    
Number of aircraft held for sale | Aircraft   3   3    
Regional Jet Aircraft [Member]            
Aircraft and aircraft engines held for lease or sale [Abstract]            
Number owned | Aircraft   8   8   8
Percentage of net book value   55.00%   55.00%   49.00%
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Percentage of net book value   55.00%   55.00%   49.00%
Number of aircraft sold | Aircraft   2        
Other Regional Jet Aircraft [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Number of aircraft held for sale | Aircraft   2   2    
Engines [Member]            
Aircraft and aircraft engines held for lease or sale [Abstract]            
Number owned | Aircraft   4   4   5
Percentage of net book value   6.00%   6.00%   6.00%
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Percentage of net book value   6.00%   6.00%   6.00%
Engines [Member] | Held for Lease [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Number of off leased assets leased | Asset       1    
Engines [Member] | Held for Sale [Member]            
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
Asset impairment charge   $ 246,200 $ 0