Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues and other income:
Operating lease revenue	$ 7,110,100	$ 4,935,200	$ 14,427,000	$ 10,979,500
Finance lease revenue	432,300	187,000	757,700	372,100
Maintenance reserves revenue2	686,000	0	686,000	0
Net gain on sales-type finance leases	0	42,000	297,400	47,400
Net (loss)/gain on disposal of assets	(147,700)	2,146,500	(133,900)	2,146,500
Other income	400	300	600	1,700
Total Income	8,081,100	7,311,000	16,034,800	13,547,200
Expenses:
Depreciation	2,943,000	1,871,100	5,879,100	3,950,600
Interest	1,742,800	1,138,800	3,353,000	2,427,900
Management fees	1,498,300	1,172,500	3,005,100	2,436,500
Professional fees, general and administrative and other	418,000	557,800	924,100	982,400
Maintenance	405,300	1,501,100	661,400	1,821,000
Provision for impairment in value of aircraft	454,300	246,200	454,300	321,200
Insurance	57,700	73,400	130,900	150,000
Other taxes	22,500	22,500	45,200	45,300
Bad debt expense	0	262,900	0	262,900
Total expenses	7,541,900	6,846,300	14,453,100	12,397,800
Income before income tax provision	539,200	464,700	1,581,700	1,149,400
Income tax provision	183,500	166,100	584,500	417,100
Net income	$ 355,700	$ 298,600	$ 997,200	$ 732,300
Earnings per share:
Basic (in dollars per share)	$ 0.25	$ 0.19	$ 0.67	$ 0.47
Diluted (in dollars per share)	$ 0.25	$ 0.19	$ 0.67	$ 0.47
Weighted average shares used in earnings per share computations:
Basic (in shares)	1,416,699	1,566,699	1,482,997	1,566,699
Diluted (in shares)	1,416,699	1,566,699	1,482,997	1,566,699