Assets Held for Sale	9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale	As discussed in Note 2(a), during the third quarter of 2019, the Company reclassified two regional jet aircraft that had been held for lease to held for sale upon repossession from a customer. Assets held for sale at September 30, 2019 included these two regional jet aircraft and two turboprop aircraft, one of which is subject to a short-term operating lease, and airframe parts from two turboprop aircraft. During the third quarter of 2019, the Company recorded an impairment loss of $1,000,000 related to the airframe parts from one of the aircraft, based on estimated sales proceeds. During the third quarter of 2019, the Company received $220,500 in cash and accrued $77,000 in receivables for parts sales. These amounts were accounted for as follows: $142,100 reduced accounts receivable for parts sales accrued in the second quarter of 2019; $131,900 reduced the carrying value of the parts; and $23,500 was recorded as gains in excess of the carrying value of the parts. During the third quarter of 2018, the Company received $89,200 in cash and accrued $92,400 in receivables for parts sales. These amounts were accounted for as follows: $41,100 reduced accounts receivable for parts sales accrued in the second quarter of 2018, $124,500 reduced the carrying value of the parts, and $16,000 was recorded as gains in excess of the carrying value of the parts.

Assets Held for Sale

9 Months Ended

Sep. 30, 2019

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

As discussed in Note 2(a), during the third quarter of 2019, the Company reclassified two regional jet aircraft that had been held for lease to held for sale upon repossession from a customer.

Assets held for sale at September 30, 2019 included these two regional jet aircraft and two turboprop aircraft, one of which is subject to a short-term operating lease, and airframe parts from two turboprop aircraft. During the third quarter of 2019, the Company recorded an impairment loss of $1,000,000 related to the airframe parts from one of the aircraft, based on estimated sales proceeds.

During the third quarter of 2019, the Company received $220,500 in cash and accrued $77,000 in receivables for parts sales. These amounts were accounted for as follows: $142,100 reduced accounts receivable for parts sales accrued in the second quarter of 2019; $131,900 reduced the carrying value of the parts; and $23,500 was recorded as gains in excess of the carrying value of the parts. During the third quarter of 2018, the Company received $89,200 in cash and accrued $92,400 in receivables for parts sales. These amounts were accounted for as follows: $41,100 reduced accounts receivable for parts sales accrued in the second quarter of 2018, $124,500 reduced the carrying value of the parts, and $16,000 was recorded as gains in excess of the carrying value of the parts.