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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Accounts receivable, deferred rent $ 926,100 $ 869,600
Aircraft and aircraft engines held for lease, accumulated depreciation 38,084,900 36,675,500
Accumulated depreciation 5,900 2,200
Accumulated amortization, lease right of use 201,300 0
Accumulated amortization, favorable lease acquired 0 61,700
Liabilities:    
Unamortized debt issuance costs $ 5,036,500 $ 674,300
Stockholders' equity:    
Preferred stock, par value $ .001 $ .001
Preferred stock, authorized 2,000,000 2,000,000
Preferred stock, issued 0 0
Preferred stock, outstanding 0 0
Common stock, par value $ .001 $ 0.001
Common stock, authorized 10,000,000 10,000,000
Common stock, issued 1,759,216 1,759,216
Common stock, outstanding 1,545,884 1,545,884
Treasury stock 213,332 213,332