XML 21 R15.htm IDEA: XBRL DOCUMENT v3.23.2
Investment in finance leases, net
6 Months Ended
Jun. 30, 2023
Flight Equipment, Net [Abstract]  
Investment in finance leases, net Investment in finance leases, net
Components of investment in finance leases, net as of June 30, 2023 and December 31, 2022 were as follows:
June 30, 2023December 31, 2022
Future minimum lease payments to be received, net$1,254,215 $1,299,724 
Estimated residual values of leased flight equipment
647,199 630,538 
Less: Unearned income(516,549)(551,165)
Less: Allowance for credit losses (Note 21)(11,769)(23,025)
$1,373,096 $1,356,072 
During the three months ended June 30, 2023 and 2022, we recognized interest income from investment in finance leases, net of $24.0 million and $33.8 million, respectively, included in basic lease rents. During the six months ended June 30, 2023 and 2022, we recognized interest income from investment in finance leases, net of $51.2 million and $70.8 million, respectively, included in basic lease rents.