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Aircraft and Aircraft Engines Held for Lease or Sale (Details)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
USD ($)
Aircraft
Jun. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Aircraft
Jun. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
Aircraft
Sep. 30, 2017
USD ($)
Dec. 31, 2017
Aircraft
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft 13       13   13
Percentage of net book value 81.00%       81.00%   82.00%
Other income from unpaid maintenance reserves $ 1,200   $ 1,700   $ 1,632,800 $ 2,300  
Payment for equipment and acquisition costs related to aircraft purchased         22,702,900 32,063,100  
Number of aircraft sold | Aircraft 3            
Impairment charge $ 2,673,300   68,800   2,971,500 523,100  
Proceeds from the sale of parts         4,366,200 160,100  
Gain (loss) on sale of aircraft and aircraft parts (2,384,300)   3,500   (2,374,400) $ (130,400)  
Minimum future lease revenue payments receivable under noncancelable operating leases [Abstract]              
Remainder of 2018 7,185,500       7,185,500    
2019 28,381,100       28,381,100    
2020 25,797,800       25,797,800    
2021 18,696,400       18,696,400    
2022 16,738,800       16,738,800    
Thereafter 34,687,700       34,687,700    
Total $ 131,487,300       $ 131,487,300    
Engines [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft 1       1   1
Percentage of net book value 1.00%       1.00%   1.00%
Turboprop Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number owned | Aircraft 4       4   10
Percentage of net book value 18.00%       18.00%   17.00%
Held for Sale [Member] | Aircraft Parts [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Impairment charge $ 2,673,300            
Number of assets held for lease | Aircraft 4            
Proceeds from the sale of parts $ 89,200   47,500        
Accrued receivables $ 92,400       $ 92,400    
Gain (loss) on sale of aircraft and aircraft parts   $ 16,000 3,500        
Decrease in accounts receivable   (41,100)          
Decrease in carrying value of parts   $ (124,500) (44,000)        
Held for Lease [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Other income from unpaid maintenance reserves       $ 1,629,000      
Number of aircraft returned | Aircraft             3
Number of aircraft purchased | Aircraft 0            
Held for Lease [Member] | Embraer 175 Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Payment for equipment and acquisition costs related to aircraft purchased     $ 10,557,400        
Number of aircraft purchased | Aircraft     1        
Held for Lease [Member] | Engines [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of aircraft sold | Aircraft     2        
Gain (loss) on sale of aircraft and aircraft parts     $ (173,700)        
Held for Lease [Member] | Turboprop Aircraft [Member]              
Aircraft and aircraft engines held for lease or sale [Abstract]              
Number of aircraft sold | Aircraft 2            
Gain (loss) on sale of aircraft and aircraft parts $ (2,384,300)