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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Condensed Consolidated Statements of Cash Flows (Unaudited) [Abstract]    
Net cash provided by operating activities $ 11,191,500 $ 8,706,500
Investing activities:    
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees 3,186,800 1,397,300
Proceeds from sale of assets held for sale, net of re-sale fees 2,644,900 112,600
Investment in direct financing leases 0 (7,614,200)
Investment in aircraft parts and acquisition costs (22,606,000) (21,735,900)
Net cash used in investing activities (16,774,300) (27,840,200)
Financing activities:    
Issuance of notes payable - Credit Facility 21,000,000 26,000,000
Repayment of notes payable - Credit Facility (17,500,000) (2,800,000)
Repayment of notes payable - special purpose financing (2,127,000) (2,033,900)
Debt issuance costs (70,000) (65,000)
Net cash provided by financing activities 1,303,000 21,101,100
Net (decrease)/increase in cash and cash equivalents (4,279,800) 1,967,400
Cash and cash equivalents, beginning of period 8,657,800 2,194,400
Cash and cash equivalents, end of period $ 4,378,000 $ 4,161,800