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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidated Statements of Cash Flows (Unaudited) [Abstract]    
Net cash provided by operating activities $ 4,552,000 $ 4,258,100
Investing activities:    
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees 3,195,000 570,100
Proceeds from sale of assets held for sale, net of re-sale fees 1,683,500 16,200
Investment in direct financing leases 0 (7,354,100)
Investment in aircraft parts and acquisition costs (1,236,000) (62,800)
Net cash provided by/(used in) investing activities 3,642,500 (6,830,600)
Financing activities:    
Issuance of notes payable - Credit Facility 0 7,000,000
Repayment of notes payable - Credit Facility (11,000,000) (2,800,000)
Repayment of notes payable - special purpose financing (1,059,200) (1,013,300)
Net cash (used in)/provided by financing activities (12,059,200) 3,186,700
Net (decrease)/increase in cash and cash equivalents (3,864,700) 614,200
Cash and cash equivalents, beginning of year 8,657,800 2,194,400
Cash and cash equivalents, end of year $ 4,793,100 $ 2,808,600