Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Condensed Consolidated Statements of Cash Flows (Unaudited) [Abstract]
Net cash provided by operating activities	$ 10,816,200	$ 9,448,500
Investing activities:
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees	2,611,700	1,695,200
Proceeds from sale of assets held for sale, net of re-sale fees	3,396,100	1,835,300
Proceeds from insurance	18,886,700	0
Purchases of aircraft and related acquisition costs	(53,109,100)	(1,333,700)
Net cash (used in)/provided by investing activities	(28,214,600)	2,196,800
Financing activities:
Issuance of notes payable - Credit Facility	31,300,000	0
Repayment of notes payable - Credit Facility	(31,600,000)	(11,000,000)
Debt issuance costs	(65,000)	(59,600)
Issuance of notes payable - special purpose financing	19,609,900	0
Repayment of notes payable - special purpose financing	(986,400)	0
Net cash provided by/(used in) financing activities	18,258,500	(11,059,600)
Net increase in cash and cash equivalents	860,100	585,700
Cash and cash equivalents, beginning of period	2,721,000	1,840,500
Cash and cash equivalents, end of period	$ 3,581,100	$ 2,426,200