Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues and other income:
Operating lease revenue, net	$ 6,074,600	$ 6,511,300	$ 17,054,100	$ 19,281,500
Finance lease revenue	199,800	184,000	571,900	275,400
Net gain on disposal of assets	2,800	0	2,149,200	460,000
Net gain on sales-type finance leases	1,166,100	1,095,400	1,213,600	5,179,200
Maintenance reserves revenue, net	0	0	0	589,000
Other income	500	700	2,200	1,600
Total Income	7,443,800	7,791,400	20,991,000	25,786,700
Expenses:
Depreciation	2,332,600	2,281,500	6,283,100	6,931,400
Interest	1,338,500	1,458,900	3,766,400	4,805,300
Management fees	1,249,100	1,411,100	3,685,600	4,260,800
Maintenance	750,700	197,300	2,571,600	3,037,500
Professional fees, general and administrative and other	284,300	237,700	1,266,900	957,700
Bad debt expense	572,900	0	835,800	0
Provision for impairment in value of aircraft	0	0	321,200	147,500
Insurance	79,100	242,200	229,100	330,900
Other taxes	22,500	49,500	67,800	164,700
Total expenses	6,629,700	5,878,200	19,027,500	20,635,800
Income before income tax provision	814,100	1,913,200	1,963,500	5,150,900
Income tax provision	284,400	658,200	701,500	1,788,400
Net income	$ 529,700	$ 1,255,000	$ 1,262,000	$ 3,362,500
Earnings per share:
Basic (in dollars per share)	$ 0.34	$ 0.81	$ 0.81	$ 2.18
Diluted (in dollars per share)	$ 0.34	$ 0.81	$ 0.81	$ 2.17
Weighted average shares used in earnings per share computations:
Basic (in shares)	1,566,699	1,543,257	1,566,699	1,543,257
Diluted (in shares)	1,566,699	1,548,469	1,566,699	1,552,181