XML 41 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
Organization and Summary of Significant Accounting Policies (Details)
12 Months Ended
Dec. 31, 2016
USD ($)
Subsidiary
Aircraft
Dec. 31, 2015
USD ($)
Aircraft
Organization and Summary of Significant Accounting Policies [Abstract]    
Number of wholly owned subsidiaries | Subsidiary 2  
Aircraft Capitalization and Depreciation [Abstract]    
Aircraft useful life 12 years  
Capital Leased Assets [Line Items]    
Impairment charge $ 1,226,800 $ 1,282,300
Notes payable and accrued interest 125,837,900 107,621,600
Impairment of Long-lived Assets [Abstract]    
Provision for impairment in value of aircraft 1,226,800 1,282,300
Revenue Recognition, Accounts Receivable and Allowance for Doubtful Accounts [Abstract]    
Allowance for doubtful accounts 0 $ 0
Finance Leases [Abstract]    
Number of aircraft held for lease | Aircraft   5
Interest earned on finance lease 868,100 $ 489,700
Credit Facility [Member]    
Capital Leased Assets [Line Items]    
Notes payable and accrued interest 110,183,600 110,435,600
Recurring [Member]    
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis [Abstract]    
Money market funds included in cash and cash equivalents 1,348,100 1,946,600
Liabilities recorded at fair value 0 0
Aircraft [Member] | Held for Lease [Member]    
Capital Leased Assets [Line Items]    
Impairment charge 905,600 147,500
Impairment of Long-lived Assets [Abstract]    
Provision for impairment in value of aircraft 905,600 147,500
Aircraft [Member] | Held for Sale [Member]    
Capital Leased Assets [Line Items]    
Impairment charge $ 321,200 1,134,800
Fair value of assets   $ 3,689,100
Number of aircraft held for sale | Aircraft 3 5
Impairment of Long-lived Assets [Abstract]    
Provision for impairment in value of aircraft $ 321,200 $ 1,134,800