Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 4,863,800	$ 2,350,200
Restricted cash	50,000	1,076,900
Accounts receivable, including deferred rent of $0 and $828,000 at September 30, 2020 and December 31, 2019, respectively	123,100	1,139,700
Finance leases receivable, net of allowance for doubtful accounts of $1,170,000 and $2,908,600 at September 30, 2020 and December 31, 2019, respectively	2,880,000	8,802,100
Aircraft and aircraft engines held for lease, net of accumulated depreciation of $36,848,500 and $31,338,700 at September 30, 2020 and December 31, 2019, respectively	96,052,100	108,368,600
Assets held for sale	15,331,500	26,036,600
Property, equipment and furnishings, net of accumulated depreciation of $14,700 and $9,600 at September 30, 2020 and December 31, 2019, respectively	14,600	62,900
Office lease right of use, net of accumulated amortization of $11,000 and $524,500 at September 30, 2020 and December 31, 2019, respectively	158,900	948,300
Deferred tax asset	1,185,300	517,700
Prepaid expenses and other assets	361,400	292,800
Total assets	121,020,700	149,595,800
Liabilities:
Accounts payable and accrued expenses	1,081,900	736,000
Accrued payroll	172,300	164,200
Notes payable and accrued interest, net of unamortized debt issuance costs of $1,906,500 and $3,825,700 at September 30, 2020 and December 31, 2019, respectively	111,575,400	111,638,400
Derivative liability	874,700	1,824,500
Derivative termination liability	3,075,300	0
Lease liability	170,700	336,400
Maintenance reserves	1,804,700	4,413,100
Accrued maintenance costs	121,800	446,300
Security deposits	4,159,900	1,034,300
Unearned revenues	1,578,300	3,039,200
Deferred income taxes	0	2,529,800
Income taxes payable	36,300	175,000
Total liabilities	124,651,300	126,337,200
Commitments and contingencies (Note 8)
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 September 30, 2020 and December 31, 2019	1,800	1,800
Paid-in capital	16,782,800	16,782,800
Retained earnings	(16,895,100)	10,882,100
Accumulated other comprehensive loss	(482,800)	(1,370,800)
Shareholders equity before treasury stock	(593,300)	26,295,900
Treasury stock at cost, 213,332 shares at September 30, 2020 and December 31, 2019	(3,037,300)	(3,037,300)
Total stockholders' equity	(3,630,600)	23,258,600
Total liabilities and stockholders' equity	$ 121,020,700	$ 149,595,800