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Organization and Summary of Significant Accounting Policies (Details)
3 Months Ended 6 Months Ended
Aug. 31, 2016
Subsidiary
Jun. 30, 2017
USD ($)
Aircraft
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
Aircraft
Jun. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Organization and Summary of Significant Accounting Policies [Abstract]            
Number of wholly owned subsidiaries | Subsidiary 2          
Capital Leased Assets [Line Items]            
Impairment charge   $ 454,300 $ 246,200 $ 454,300 $ 321,200  
Notes payable and accrued interest   147,433,700   $ 147,433,700   $ 125,837,900
Finance Leases [Abstract]            
Number of aircraft with sales type finance leases | Aircraft       6    
Number of aircraft with direct financing leases | Aircraft       3    
Interest earned on finance lease   432,300 187,000 $ 757,700 372,100  
SPE Financing [Member]            
Capital Leased Assets [Line Items]            
Notes payable and accrued interest   15,614,700   15,614,700   17,654,200
Credit Facility [Member]            
Capital Leased Assets [Line Items]            
Notes payable and accrued interest   133,453,200   133,453,200   110,183,600
Held for Sale [Member]            
Capital Leased Assets [Line Items]            
Impairment charge   70,400 41,100      
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   2,848,700   2,848,700   1,348,100
Liabilities recorded at fair value   0   $ 0   $ 0
Aircraft [Member] | Held for Lease [Member]            
Capital Leased Assets [Line Items]            
Impairment charge   $ 454,300        
Number of aircraft held for sale | Aircraft   1   1    
Aircraft [Member] | Held for Sale [Member]            
Capital Leased Assets [Line Items]            
Impairment charge   $ 0 $ 246,200 $ 0 $ 321,200