Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 1,746,200	$ 2,350,200
Restricted cash	2,251,900	1,076,900
Accounts receivable, including deferred rent of $867,200 and $828,000 at March 31, 2020 and December 31, 2019, respectively	2,469,700	1,139,700
Finance leases receivable, net of allowance for doubtful accounts of $1,170,000 and $2,908,600 at March 31, 2020 and December 31, 2019, respectively	2,880,000	8,802,100
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $33,507,300 and $31,338,700 at March 31, 2020 and December 31, 2019, respectively	106,200,000	108,368,600
Assets held for sale	18,288,800	26,036,600
Property, equipment and furnishings, net of accumulated depreciation of $11,300 and $9,600 at March 31, 2020 and December 31, 2019, respectively	18,000	62,900
Office lease right of use, net of accumulated amortization of $600,700 and $524,500 at March 31, 2020 and December 31, 2019, respectively	442,500	948,300
Deferred tax asset	630,700	517,700
Prepaid expenses and other assets	995,100	292,800
Total assets	135,922,900	149,595,800
Liabilities:
Accounts payable and accrued expenses	1,234,300	736,000
Accrued payroll	107,200	164,200
Notes payable and accrued interest, net of unamortized debt issuance costs of $3,606,200 and $3,825,700 at March 31, 2020 and December 31, 2019, respectively	110,957,800	111,638,400
Derivative liability	1,105,100	1,824,500
Derivative termination liability	3,075,300	0
Lease liability	36,200	336,400
Maintenance reserves	2,395,400	4,413,100
Accrued maintenance costs	58,000	446,300
Security deposits	666,000	1,034,300
Unearned revenues	2,459,500	3,039,200
Deferred income taxes	0	2,529,800
Income taxes payable	164,200	175,000
Total liabilities	122,259,000	126,337,200
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, 1,545,884 shares outstanding at March 31, 2020 and December 31, 2019	1,800	1,800
Paid-in capital	16,782,800	16,782,800
Retained earnings	703,700	10,882,100
Accumulated other comprehensive income	(787,100)	(1,370,800)
Shareholders equity before treasury stock	16,701,200	26,295,900
Treasury stock at cost, 213,332 shares at March 31, 2020 and December 31, 2019	(3,037,300)	(3,037,300)
Total stockholders' equity	13,663,900	23,258,600
Total liabilities and stockholders' equity	$ 135,922,900	$ 149,595,800