Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 3,581,100	$ 2,721,000
Accounts receivable, including deferred rent of $497,600 and $359,200 at September 30, 2016 and December 31, 2015, respectively	3,717,400	5,693,500
Finance leases receivable	18,288,300	11,895,600
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $29,783,100 and $31,074,600 at September 30, 2016 and December 31, 2015, respectively	196,507,600	155,258,100
Assets held for sale	2,055,000	5,228,400
Prepaid expenses and other	289,700	228,400
Total assets	224,439,100	181,025,000
Liabilities:
Accounts payable and accrued expenses	3,036,700	1,138,400
Notes payable and accrued interest, net of unamortized debt issuance costs of $2,220,200 and $2,814,000 at September 30, 2016 and December 31, 2015, respectively	126,613,400	107,621,600
Maintenance reserves	30,570,000	13,230,000
Accrued maintenance costs	1,935,800	382,300
Security deposits	4,050,100	3,212,600
Unearned revenues	2,787,800	1,957,400
Deferred income taxes	12,863,100	12,204,200
Taxes payable	41,700	0
Total liabilities	181,898,600	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	28,262,900	27,000,900
Shareholders equity before treasury stock	43,044,600	41,782,600
Treasury stock at cost, 63,300 shares	(504,100)	(504,100)
Total stockholders' equity	42,540,500	41,278,500
Total liabilities and stockholders' equity	$ 224,439,100	$ 181,025,000