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LEASING EQUIPMENT, NET (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
Lessor, Operating Lease, Carrying Value of Assets Subject to Leases | Leasing equipment, net is summarized as follows:
| December 31,
| 2022 |  | 2021
Leasing equipment | $ | 2,413,230 |  |  | $ | 2,312,040 |
Less: Accumulated depreciation | (499,677) |  |  | (456,403) |
Leasing equipment, net | $ | 1,913,553 |  |  | $ | 1,855,637 |
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,
| 2022 |  | 2021 |  | 2020
Acquisitions: |  |  |  |  |
Aircraft | 39 |  |  | 52 |  |  | 20 |
Engines | 64 |  |  | 60 |  |  | 37 |
Dispositions: |  |  |  |  |
Aircraft | 8 |  |  | 4 |  |  | — |
Engines | 71 |  |  | 56 |  |  | 25 |
Operating Lease, Lease Income | Depreciation expense for leasing equipment is summarized as follows:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Depreciation expense for leasing equipment | $ | 152,378 |  |  | $ | 147,444 |  |  | $ | 141,161 |

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