Operating Segments

12 Months Ended

Dec. 31, 2013

Operating Segments [Abstract]

Operating Segments

4.Operating Segments

The Company operates in one business segment, the leasing of regional aircraft to foreign and domestic regional airlines, and therefore does not present separate segment information for lines of business.

Approximately 0% and 4%of the Company’s operating lease revenue was derived from lessees domiciled in the United States during 2013 and 2012, respectively.  All revenues relating to aircraft leased and operated internationally are denominated and payable in U.S. dollars.

The tables below set forth geographic information about the Company’s operating lease revenue for leased aircraft and aircraft equipment, grouped by domicile of the lessee:

	For the Years Ended December 31,
Operating Lease Revenue	2013		2012
Africa	$	5,454,700	$	4,401,600
Asia		4,149,000		4,143,100
Caribbean		3,600,000		5,402,400
Europe and United Kingdom		3,415,500		6,366,500
North America		1,542,000		2,707,100
South America		633,000		641,600
	$	18,794,200	$	23,662,300

	December 31,
Net Book Value of Aircraft and Aircraft Engines Held for Lease	2013		2012
Off lease	$	34,446,300	$	20,359,600
Asia		30,489,400		27,577,900
Africa		29,951,800		32,962,100
Europe and United Kingdom		20,384,700		25,012,300
North America		17,779,000		7,386,800
Caribbean		13,209,300		27,145,800
South America		6,114,700		3,223,200
	$	152,375,200	$	143,667,700