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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
OPERATING ACTIVITIES:    
Net Income $ 6,960,400 $ 5,550,800
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 75,800 98,500
Provision for credit losses 95,000 (1,400)
Compensation expense related to stock options 490,800 477,000
Deferred initial direct costs (979,800) (112,500)
Amortization of deferred initial direct costs 299,700 125,600
Tax benefits on exercised stock options   96,100
Change in operating assets and liabilities:    
Receivables 203,200 (34,200)
Income tax receivable/payable 2,192,900 3,031,100
Inventories 17,400 (18,700)
Prepaid expenses 248,300 244,200
Other assets (47,800) 6,200
Accounts payable (5,400) (442,200)
Accrued and other liabilities 774,400 (156,900)
Rents received in advance and security deposits (38,700) (86,900)
Deferred revenue 12,700 (53,000)
Net cash provided by operating activities 10,298,900 8,723,700
INVESTING ACTIVITIES:    
Purchase of property and equipment (170,200) (11,900)
Purchase of equipment for lease contracts (6,196,800) (7,512,900)
Principal collections on lease receivables 5,881,000 7,289,500
Net cash used for investing activities (486,000) (235,300)
FINANCING ACTIVITIES:    
Proceeds from borrowings on line of credit   1,900,000
Payments on line of credit (10,800,000) (9,100,000)
Payments on notes payable (812,500) (500,000)
Proceeds from exercises of stock options 48,400 88,600
Dividends paid (423,200) (416,500)
Proceeds from discounted lease rentals 2,916,800  
Net cash used for financing activities (9,070,500) (8,027,900)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 742,400 460,500
Cash, cash equivalents and restricted cash, beginning of period 1,163,200 1,292,900
Cash, cash equivalents and restricted cash, end of period $ 1,905,600 $ 1,753,400