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Intangibles (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of finite-lived intangible assets
Maintenance rights and lease premium, net consisted of the following as of June 30, 2022 and December 31, 2021:
June 30, 2022December 31, 2021
Maintenance rights$2,815,514 $3,292,007 
Lease premium, net962,361 1,152,513 
$3,777,875 $4,444,520 
Schedule of movements in maintenance rights intangible
Movements in maintenance rights during the six months ended June 30, 2022 and 2021 were as follows:
Six Months Ended June 30,
20222021
Maintenance rights at beginning of period
$3,292,007 $642,825 
EOL and MR contract maintenance rights expense (a)
(166,512)(6,170)
MR contract maintenance rights write-off offset by maintenance liability release (a)
(242,142)(7,340)
EOL contract maintenance rights write-off offset by EOL compensation received
(65,506)(16,701)
EOL and MR contract maintenance rights write-off due to sale of aircraft(2,333)(2,362)
Maintenance rights at end of period
$2,815,514 $610,252 
(a)EOL and MR contract maintenance rights expense and MR contract maintenance rights write-off offset by maintenance liability release for the six months ended June 30, 2022 included amounts related to the Ukraine Conflict. Refer to Note 5—Net charges related to Ukraine Conflict for further details.
Schedule of lease premium assets
The following tables present details of lease premium assets and related accumulated amortization as of June 30, 2022 and December 31, 2021:
June 30, 2022
Gross carrying amountAccumulated
amortization
Net carrying amount
Lease premium$1,112,471 $(150,110)$962,361 
December 31, 2021
Gross carrying amountAccumulated
amortization
Net carrying amount
Lease premium$1,216,541 $(64,028)$1,152,513 
Schedule of other intangibles
Other intangibles consisted of the following as of June 30, 2022 and December 31, 2021:
June 30, 2022December 31, 2021
Customer relationships, net$187,824 $198,412 
Other intangible assets8,414 10,467 
$196,238 $208,879 
Schedule of customer relationships
The following tables present details of customer relationships and related accumulated amortization as of June 30, 2022 and December 31, 2021:
June 30, 2022
Gross carrying amountAccumulated
amortization
Net carrying amount
Customer relationships$360,000 $(172,176)$187,824 
December 31, 2021
Gross carrying amountAccumulated
amortization
Net carrying amount
Customer relationships$360,000 $(161,588)$198,412