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SEGMENT INFORMATION - Statement of Income by Segment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Revenues $ 708,411 $ 335,583 $ 297,934
Expenses      
Cost of sales 248,385 14,308 0
Operating expenses 132,264 59,615 40,121
General and administrative 14,164 13,448 14,106
Acquisition and transaction expenses 13,207 17,911 9,868
Management fees and incentive allocation to affiliate 3,562 684 5,446
Depreciation and amortization 152,917 147,740 141,286
Asset impairment 137,219 10,463 33,978
Interest expense 169,194 155,017 87,442
Total expenses 870,912 419,186 332,247
Other income (expense)      
Equity in losses of unconsolidated entities (369) (1,403) (1,932)
Gain on sale of assets, net 77,211 49,015 (300)
Loss on extinguishment of debt (19,859) (3,254) (6,943)
Other income (expense) 207 (490) 94
Total other income (expense) 57,190 43,868 (9,081)
Income (loss) from continuing operations before income taxes (105,311) (39,735) (43,394)
Provision for (benefit from) income taxes 5,300 3,126 (4,343)
Net loss from continuing operations (110,611) (42,861) (39,051)
Less: Net loss from continuing operations attributable to non-controlling interests in consolidated subsidiaries 0 0 0
Less: Dividends on preferred shares 27,164 24,758 17,869
Net income (loss) attributable to shareholders from continuing operations (137,775) (67,619) (56,920)
Aviation Leasing      
Revenues      
Revenues 527,913 298,121 281,211
Aerospace Products      
Revenues      
Revenues 153,550 23,301 0
Operating Segments | Aviation Leasing      
Revenues      
Revenues 527,913 298,121 281,211
Expenses      
Cost of sales 159,490 0  
Operating expenses 81,232 32,757 20,667
General and administrative 0 0 0
Acquisition and transaction expenses 1,923 982 6,687
Management fees and incentive allocation to affiliate 0 0 0
Depreciation and amortization 144,258 139,678 133,904
Asset impairment 137,219 10,463 33,978
Interest expense 0 0 0
Total expenses 524,122 183,880 195,236
Other income (expense)      
Equity in losses of unconsolidated entities 740 0 (1,932)
Gain on sale of assets, net 58,649 29,098 (300)
Loss on extinguishment of debt 0 0 0
Other income (expense) 246 (527) 94
Total other income (expense) 59,635 28,571 (2,138)
Income (loss) from continuing operations before income taxes 63,426 142,812 83,837
Provision for (benefit from) income taxes 2,502 2,073 (4,812)
Net loss from continuing operations 60,924 140,739 88,649
Less: Net loss from continuing operations attributable to non-controlling interests in consolidated subsidiaries 0 0 0
Less: Dividends on preferred shares 0 0 0
Net income (loss) attributable to shareholders from continuing operations 60,924 140,739 88,649
Operating Segments | Aerospace Products      
Revenues      
Revenues 153,550 23,301 0
Expenses      
Cost of sales 88,895 14,308  
Operating expenses 11,967 5,429 0
General and administrative 0 0 0
Acquisition and transaction expenses 243 0 0
Management fees and incentive allocation to affiliate 0 0 0
Depreciation and amortization 258 66 0
Asset impairment 0 0 0
Interest expense 0 0 0
Total expenses 101,363 19,803 0
Other income (expense)      
Equity in losses of unconsolidated entities (1,109) (1,403) 0
Gain on sale of assets, net 18,562 19,917 0
Loss on extinguishment of debt 0 0 0
Other income (expense) 0 0 0
Total other income (expense) 17,453 18,514 0
Income (loss) from continuing operations before income taxes 69,640 22,012 0
Provision for (benefit from) income taxes 2,961 1,135 0
Net loss from continuing operations 66,679 20,877 0
Less: Net loss from continuing operations attributable to non-controlling interests in consolidated subsidiaries 0 0 0
Less: Dividends on preferred shares 0 0 0
Net income (loss) attributable to shareholders from continuing operations 66,679 20,877 0
Corporate and Other      
Revenues      
Revenues 26,948 14,161 16,723
Expenses      
Cost of sales 0 0  
Operating expenses 39,065 21,429 19,454
General and administrative 14,164 13,448 14,106
Acquisition and transaction expenses 11,041 16,929 3,181
Management fees and incentive allocation to affiliate 3,562 684 5,446
Depreciation and amortization 8,401 7,996 7,382
Asset impairment 0 0 0
Interest expense 169,194 155,017 87,442
Total expenses 245,427 215,503 137,011
Other income (expense)      
Equity in losses of unconsolidated entities 0 0 0
Gain on sale of assets, net 0 0 0
Loss on extinguishment of debt (19,859) (3,254) (6,943)
Other income (expense) (39) 37 0
Total other income (expense) (19,898) (3,217) (6,943)
Income (loss) from continuing operations before income taxes (238,377) (204,559) (127,231)
Provision for (benefit from) income taxes (163) (82) 469
Net loss from continuing operations (238,214) (204,477) (127,700)
Less: Net loss from continuing operations attributable to non-controlling interests in consolidated subsidiaries 0 0 0
Less: Dividends on preferred shares 27,164 24,758 17,869
Net income (loss) attributable to shareholders from continuing operations $ (265,378) $ (229,235) $ (145,569)