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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Condensed Consolidated Statements of Cash Flows (Unaudited) [Abstract]    
Net cash provided by operating activities $ 14,543,600 $ 13,363,000
Investing activities:    
Proceeds from sale of aircraft and aircraft engines held for lease, net of re-sale fees 8,382,000 2,980,000
Proceeds from sale of assets held for sale, net of re-sale fees 4,366,200 160,100
Investment in direct financing leases 0 (7,614,200)
Investment in aircraft parts and acquisition costs (22,702,900) (32,063,100)
Net cash used in investing activities (9,954,700) (36,537,200)
Financing activities:    
Issuance of notes payable - Credit Facility 21,000,000 35,900,000
Repayment of notes payable - Credit Facility (24,200,000) (4,800,000)
Repayment of notes payable - special purpose financing (3,207,200) (3,066,000)
Debt issuance costs (70,000) (525,000)
Net cash (used in)/provided by financing activities (6,477,200) 27,509,000
Net (decrease)/increase in cash and cash equivalents (1,888,300) 4,334,800
Cash and cash equivalents, beginning of period 8,657,800 2,194,400
Cash and cash equivalents, end of period $ 6,769,500 $ 6,529,200