Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues and other income:
Operating lease revenue, net	$ 24,464,500	$ 25,467,200
Finance lease revenue	868,100	489,700
Net gain on disposal of assets	2,149,600	6,790,700
Net gain on sales-type finance leases	1,216,700	5,179,200
Maintenance reserves revenue, net	0	589,000
Other income	17,400	17,900
Total Income	28,716,300	38,533,700
Expenses:
Depreciation	9,139,700	9,062,100
Interest	5,339,700	6,141,400
Management fees	5,216,400	5,581,400
Maintenance	3,285,700	4,660,600
Professional fees, general and administrative and other	1,667,600	1,187,700
Provision for impairment in value of aircraft	1,226,800	1,282,300
Bad debt expense	835,800	0
Insurance	309,200	409,600
Other taxes	(276,600)	187,300
Total expenses	26,744,300	28,512,400
Income before income tax provision	1,972,000	10,021,300
Income tax provision	750,300	3,583,700
Net income	$ 1,221,700	$ 6,437,600
Earnings per share:
Basic (in dollars per share)	$ 0.78	$ 4.17
Diluted (in dollars per share)	$ 0.78	$ 4.17
Weighted average shares used in earnings per share computations:
Basic (in shares)	1,566,699	1,544,285
Diluted (in shares)	1,566,699	1,544,285