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Operating Segments (Tables)
12 Months Ended
Dec. 31, 2016
Operating Segments [Abstract]  
Geographic information of operating lease revenue
The tables below set forth geographic information about the Company's operating lease revenue for leased aircraft and aircraft equipment, grouped by domicile of the lessee: 

  
For the Years Ended December 31,
 
Operating Lease Revenue
 
2016
  
2015
 
       
Europe and United Kingdom
 
$
9,999,900
  
$
7,181,600
 
North America
  
6,840,500
   
6,519,100
 
Africa
  
4,430,300
   
5,096,300
 
Asia
  
1,800,400
   
3,783,000
 
Australia
  
1,140,000
   
1,097,000
 
Central and South America
  
253,400
   
1,790,200
 
  
$
24,464,500
  
$
25,467,200
 
Net book value of aircraft and aircraft engines held for lease
  
December 31,
 
Net Book Value of Aircraft and Aircraft Engines Held for Lease
 
2016
  
2015
 
       
Europe and United Kingdom
 
$
105,088,300
  
$
44,368,100
 
North America
  
42,824,300
   
42,162,900
 
Africa
  
21,724.400
   
27,234,800
 
Off lease
  
13,113,200
   
7,443,200
 
Asia
  
6,463,700
   
27,132,800
 
Australia
  
3,585,900
   
4,376,300
 
Central and South America
  
-
   
2,540,000
 
  
$
192,799,800
  
$
155,258,100