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Flight equipment held for operating leases, net
6 Months Ended
Jun. 30, 2019
Property Subject to or Available for Operating Lease, Net [Abstract]  
Flight equipment held for operating leases, net Flight equipment held for operating leases, net
Movements in flight equipment held for operating leases during the six months ended June 30, 2019 and 2018 were as follows:
 
Six Months Ended June 30,
 
2019
 
2018
Net book value at beginning of period
$
35,052,335

 
$
32,396,827

Additions
2,119,396

 
2,350,991

Depreciation
(832,186
)
 
(823,842
)
Disposals and transfers to held for sale
(1,015,376
)
 
(866,170
)
Transfers to net investment in finance and sales-type leases/inventory
(46,837
)
 
(94,209
)
Impairment (Note 19)
(22,084
)
 
(16,086
)
Net book value at end of period
$
35,255,248

 
$
32,947,511

 
 
 
 
Accumulated depreciation as of June 30, 2019 and 2018
$
(7,132,213
)
 
$
(6,359,040
)

Our current operating lease agreements expire over the next 15 years. The contracted minimum future lease payments receivable from lessees for flight equipment on non-cancelable operating leases for our owned aircraft and engines as of June 30, 2019 were as follows:
 
Contracted minimum future lease payments receivable
2019 - remaining
$
2,122,485

2020
3,960,846

2021
3,678,529

2022
3,391,342

2023
3,105,808

Thereafter
12,100,409

 
$
28,359,419