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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 112,133 $ 115,116
Accounts receivable, net [1] 223,504 150,823
Inventory, net 645,163 551,156
Assets held for sale 465,725 0
Other current assets [2] 423,336 408,923
Total current assets 1,869,861 1,226,018
Leasing equipment, net 1,989,367 2,373,730
Property, plant, and equipment, net 108,054 107,451
Investments 31,400 19,048
Intangible assets, net 16,036 42,205
Goodwill 61,070 61,070
Other non-current assets 192,356 208,430
Total assets 4,268,144 4,037,952
Current Liabilities    
Accounts payable 110,802 69,119
Liabilities held for sale 76,496 0
Accrued liabilities 142,098 96,910
Current maintenance deposits 33,748 62,552
Current security deposits 19,557 18,100
Other current liabilities 91,061 100,565
Total current liabilities 473,762 347,246
Long-term debt, net 3,642,527 3,440,478
Non-current maintenance deposits 25,510 44,179
Non-current security deposits 13,429 26,830
Other non-current liabilities 84,583 97,851
Total liabilities 4,239,811 3,956,584
Commitments and contingencies
Equity    
Ordinary shares ($0.01 par value per share; 2,000,000,000 shares authorized; 102,555,975 and 102,550,975 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) 1,026 1,026
Preferred shares ($0.01 par value per share; 200,000,000 shares authorized; 6,800,000 and 11,740,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) 68 117
Additional paid in capital (2,044) 153,328
Retained earnings (accumulated deficit) 29,283 (73,103)
Shareholders' equity 28,333 81,368
Total liabilities and equity $ 4,268,144 $ 4,037,952
[1] Includes accounts receivable from the 2025 Partnership of $69,140 and $0 as of March 31, 2025 and December 31, 2024, respectively.
[2] Includes receivables from the 2025 Partnership of $34,110 and $0 as of March 31, 2025 and December 31, 2024, respectively.