Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 2,058,500	$ 1,542,500
Securities	0	121,000
Accounts receivable, including deferred rent of $0 and $869,600 at September 30, 2019 and December 31, 2018, respectively	1,437,200	3,967,200
Finance leases receivable, net of allowance for doubtful accounts of $3,918,000 and $0 at September 30, 2019 and December 31, 2018, respectively	12,072,800	15,250,900
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $38,084,900 and $36,675,500 at June 30, 2019 and December 31, 2018, respectively	130,948,000	184,019,900
Assets held for sale	18,361,100	10,223,300
Property, equipment and furnishings, net of accumulated depreciation of $7,800 and $2,200 at September 30, 2019 and December 31, 2018, respectively	64,700	69,100
Lease right of use, net of accumulated amortization of $303,300 at September 30, 2019	1,169,800	0
Favorable lease acquired, net of accumulated amortization of $61,700 at December 31, 2018	0	863,300
Deferred tax asset	454,800	254,900
Prepaid expenses and other assets	453,500	840,100
Total assets	167,020,400	217,152,200
Liabilities:
Accounts payable and accrued expenses	479,100	1,025,600
Accrued payroll	96,700	78,600
Notes payable and accrued interest, net of unamortized debt issuance costs of $4,596,800 and $674,300 at September 30, 2019 and December 31, 2018, respectively	117,682,700	131,092,200
Derivative liability	2,334,600	0
Lease liability	496,200	0
Maintenance reserves	6,034,200	28,527,500
Accrued maintenance costs	466,800	463,300
Security deposits	1,234,300	3,367,800
Unearned revenues	3,513,800	3,274,800
Deferred income taxes	4,393,100	7,537,100
Income taxes payable	172,300	497,400
Total liabilities	136,903,800	175,864,300
Commitments and contingencies (Note 9)
Stockholders' equity:
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.001 par value, 10,000,000 shares authorized, 1,759,216 shares issued and 1,545,884 shares outstanding at September 30, 2019 and December 31, 2018	1,800	1,800
Paid-in capital	16,782,800	16,782,800
Retained earnings	17,923,400	27,540,600
Accumulated other comprehensive income	(1,554,100)	0
Shareholders equity before treasury stock	33,153,900	44,325,200
Treasury stock at cost, 213,332 shares at September 30, 2019 and December 31, 2018, respectively	(3,037,300)	(3,037,300)
Total stockholders' equity	30,116,600	41,287,900
Total liabilities and stockholders' equity	$ 167,020,400	$ 217,152,200