Assets Held for Sale	6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale	During the second quarter of 2019, based on its appraised value, the Company recorded an impairment provision of $160,000 for one turboprop aircraft. Assets held for sale at June 30, 2019 included two turboprop aircraft and a spare engine, as well as a turboprop aircraft for which a short-term operating lease was entered into during the first quarter and airframe parts from two turboprop aircraft. During the second quarter of 2019, the Company received $252,700 in cash and accrued $142,200 in receivables for parts sales. These amounts were accounted for as follows: $94,400 reduced accounts receivable for parts sales accrued in the first quarter of 2019; $292,200 reduced the carrying value of the parts; and $8,300 was recorded as gains in excess of the carrying value of the parts. During the second quarter of 2018, the Company received $73,400 in cash and accrued $41,000 in receivables for parts sales. These amounts were accounted for as follows: $10,600 reduced accounts receivable for parts sales accrued in the first quarter of 2018, $85,700 reduced the carrying value of the parts, and $18,100 was recorded as gains in excess of the carrying value of the parts.

Assets Held for Sale

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]

During the second quarter of 2019, based on its appraised value, the Company recorded an impairment provision of $160,000 for one turboprop aircraft.

Assets held for sale at June 30, 2019 included two turboprop aircraft and a spare engine, as well as a turboprop aircraft for which a short-term operating lease was entered into during the first quarter and airframe parts from two turboprop aircraft.

During the second quarter of 2019, the Company received $252,700 in cash and accrued $142,200 in receivables for parts sales. These amounts were accounted for as follows: $94,400 reduced accounts receivable for parts sales accrued in the first quarter of 2019; $292,200 reduced the carrying value of the parts; and $8,300 was recorded as gains in excess of the carrying value of the parts. During the second quarter of 2018, the Company received $73,400 in cash and accrued $41,000 in receivables for parts sales. These amounts were accounted for as follows: $10,600 reduced accounts receivable for parts sales accrued in the first quarter of 2018, $85,700 reduced the carrying value of the parts, and $18,100 was recorded as gains in excess of the carrying value of the parts.