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Investment in finance leases, net
6 Months Ended
Jun. 30, 2024
Other Industries [Abstract]  
Investment in finance leases, net Investment in finance leases, net
Components of investment in finance leases, net as of June 30, 2024 and December 31, 2023 were as follows:
June 30, 2024December 31, 2023
Future minimum lease payments to be received, net$1,265,710 $1,156,693 
Estimated residual values of leased flight equipment
537,162 597,184 
Less: Unearned income(517,211)(490,502)
Less: Allowance for credit losses (Note 22)(9,022)(8,924)
$1,276,639 $1,254,451 
During the three months ended June 30, 2024 and 2023, we recognized interest income from investment in finance leases, net of $25 million and $24 million, respectively, included in basic lease rents. During the six months ended June 30, 2024 and 2023, we recognized interest income from investment in finance leases, net of $50 million and $51 million, respectively, included in basic lease rents.