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Aircraft and Aircraft Engines Held for Lease or Sale (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2018
Aircraft
Jan. 31, 2018
USD ($)
Aircraft
May 31, 2016
USD ($)
Apr. 30, 2016
Aircraft
Mar. 31, 2018
Aircraft
Dec. 31, 2017
USD ($)
Asset
Aircraft
Dec. 31, 2016
USD ($)
Aircraft
Asset
Aircraft and aircraft engines held for lease or sale [Abstract]              
Payment for equipment and acquisition costs related to aircraft purchased           $ 7,614,200 $ 0
Proceeds from insurance           0 18,886,700
Gain (loss) on sale of aircraft and aircraft parts           791,500 2,149,600
Proceeds from the sale of airframe parts           193,000 3,422,800
Impairment charge           1,002,100 $ 1,226,800
Minimum future lease revenue payments receivable under noncancelable operating leases [Abstract]              
2018           24,743,000  
2019           24,641,300  
2020           23,003,000  
2021           15,901,600  
2022           13,944,000  
Thereafter           29,447,400  
Total           $ 131,680,300  
Regional Jet Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft           13 12
Percentage of net book value           82.00% 73.00%
Turboprop Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft           10 12
Percentage of net book value           17.00% 23.00%
Turboprop Aircraft [Member] | Subsequent Events [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Gain (loss) on sale of aircraft and aircraft parts   $ 47,000          
Number of aircraft sold | Aircraft 1 1          
Engines [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft           1 4
Percentage of net book value           1.00% 4.00%
Held for Lease [Member] | Subsequent Events [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of aircraft sold | Aircraft         2    
Held for Lease [Member] | Turboprop Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of aircraft involved in accident | Aircraft       1      
Proceeds from insurance     $ 17,640,000        
Gain from insurance     $ 2,146,500        
Held for Lease [Member] | Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Percentage of net book value           13.00%  
Payment for equipment and acquisition costs related to aircraft purchased           $ 32,063,100 $ 54,357,600
Proceeds from maintenance reserves             $ 17,179,300
Number of aircraft for which maintenance reserve received | Aircraft             2
Gain (loss) on sale of aircraft and aircraft parts           $ 704,100  
Number of aircraft sold | Asset           7 1
Number of assets lease extended | Asset           1  
Number of assets off lease | Aircraft           8  
Held for Sale [Member] | Regional Jet Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of aircraft sold | Aircraft             4
Impairment charge             $ 75,000
Number of aircraft impaired | Aircraft             2
Held for Sale [Member] | Spare Engine [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Impairment charge           $ 246,200  
Held for Sale [Member] | Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of assets held for sale | Aircraft           3  
Held for Sale [Member] | Aircraft Parts [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Gain (loss) on sale of aircraft and aircraft parts           $ 87,400 $ 3,100
Accrued receivables           779,700  
Proceeds from the sale of airframe parts           193,100 178,400
Carrying value of parts sold           $ 885,400 $ 175,300