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Aircraft and Aircraft Engines Held for Lease or Sale (Details)
12 Months Ended
Dec. 31, 2018
USD ($)
Aircraft
Dec. 31, 2017
USD ($)
Aircraft
Aircraft and aircraft engines held for lease or sale [Abstract]    
Payment for purchase and capital improvement of aircraft $ 22,844,300 $ 32,063,100
Gain (loss) on sale of aircraft and aircraft parts (3,408,700) 791,500
Income from unpaid maintenance reserves 1,629,000 3,886,900
Impairment charge 2,971,500 1,002,100
Proceeds from the sale of airframe parts 4,945,200 $ 193,000
Minimum future lease revenue payments receivable under noncancelable operating leases [Abstract]    
2019 28,357,100  
2020 25,773,700  
2021 18,672,300  
2022 16,714,700  
2023 13,031,900  
Thereafter 21,610,600  
Total $ 124,160,300  
Regional Jet Aircraft [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Number owned | Aircraft 13 13
Percentage of net book value 81.00% 82.00%
Turboprop Aircraft [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Number owned | Aircraft 4 10
Percentage of net book value 18.00% 17.00%
Engines [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Number owned | Aircraft 1 1
Percentage of net book value 1.00% 1.00%
Aircraft Parts [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Gain (loss) on sale of aircraft and aircraft parts $ 90,300 $ 87,400
Impairment charge 1,135,700  
Proceeds from the sale of airframe parts 1,280,100 193,100
Accrued receivables 133,100 779,700
Carrying value of parts sold $ 543,200 $ 885,400
Held for Sale [Member] | Turboprop Aircraft [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Number of assets held for sale | Aircraft 3  
Held for Sale [Member] | Turboprop Airframe [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Number of assets held for sale | Aircraft 2  
Held for Sale [Member] | Aircraft [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Gain (loss) on sale of aircraft and aircraft parts $ (1,072,400)  
Impairment charge 1,835,800  
Held for Lease [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Income from unpaid maintenance reserves 1,629,000  
Number of aircraft returned | Aircraft   3
Held for Lease [Member] | Aircraft [Member]    
Aircraft and aircraft engines held for lease or sale [Abstract]    
Payment for purchase and capital improvement of aircraft $ 22,844,300 $ 32,063,100
Number of aircraft purchased | Aircraft 2  
Number of aircraft sold | Aircraft 4  
Number of aircraft reclassified to Held for Sale | Aircraft 4  
Gain (loss) on sale of aircraft and aircraft parts $ (2,426,600)