Assets Held for Sale	9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
Assets Held for Sale	Assets held for sale at September 30, 2020 included three regional jet aircraft, one turboprop aircraft, which is subject to a short-term operating lease, and airframe parts from two turboprop aircraft. During the third quarter of 2020, the Company recorded a loss of $139,000 on an aircraft that is held for sale, which was written down to its estimated sales price, less cost of sale. During the third quarter of 2020, the Company received $69,400 in cash and accrued $25,500 in receivables for parts sales. These amounts were accounted for as follows: $30,100 reduced accounts receivable for parts sales accrued in the second quarter of 2020; $43,600 reduced the carrying value of the parts; and $21,200 was recorded as gains in excess of the carrying value of the parts. 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.

Assets Held for Sale

9 Months Ended

Sep. 30, 2020

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

Assets held for sale at September 30, 2020 included three regional jet aircraft, one turboprop aircraft, which is subject to a short-term operating lease, and airframe parts from two turboprop aircraft.

During the third quarter of 2020, the Company recorded a loss of $139,000 on an aircraft that is held for sale, which was written down to its estimated sales price, less cost of sale.

During the third quarter of 2020, the Company received $69,400 in cash and accrued $25,500 in receivables for parts sales. These amounts were accounted for as follows: $30,100 reduced accounts receivable for parts sales accrued in the second quarter of 2020; $43,600 reduced the carrying value of the parts; and $21,200 was recorded as gains in excess of the carrying value of the parts. 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.