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LEASING EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lessor, Operating Lease, Carrying Value of Assets Subject to Leases Leasing equipment, net is summarized as follows:
December 31,
20212020
Leasing equipment$2,356,219 $2,042,404 
Less: Accumulated depreciation(464,570)(407,145)
Leasing equipment, net$1,891,649 $1,635,259 
Lessor, Acquisition and Disposition of Leasing Equipment
The following table presents information related to acquisitions and dispositions of aviation leasing equipment:
Year Ended December 31,
202120202019
Acquisitions:
Aircraft52 20 31 
Engines60 37 31 
Dispositions:
Aircraft— 
Engines56 25 58 
Operating Lease, Lease Income
Depreciation expense for leasing equipment is summarized as follows:
Year Ended December 31,
202120202019
Depreciation expense for leasing equipment$148,549 $142,266 $137,004