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AFFILIATE TRANSACTIONS AND FORMER MANAGEMENT AGREEMENT - Narrative (Details) $ in Thousands |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | ---
Dec. 30, 2024 USD ($) aircraft | May 28, 2024 USD ($) | May 31, 2015 | Jun. 30, 2025 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2025 USD ($) | Jun. 30, 2024 USD ($) | Dec. 31, 2024 USD ($)
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Number of aircrafts committed to acquire | aircraft |  | 45 |  |  |  |  |  |  |
Net purchase price |  | $ 500,000 |  |  |  |  |  |  |
Purchase deposits | [1] |  |  |  |  |  | $ 50,221 | $ 104,654 |
Return of deposits for acquisition of leasing equipment | [1] |  |  |  |  |  | 44,303 | 530 |
Total revenues |  |  |  |  | $ 676,237 | $ 443,594 | 1,178,317 | 770,288 |
Payment to purchase partnership interest |  |  | $ 30 |  |  |  |  |  |
Service fee markup percent |  |  | 10.00% |  |  |  |  |  |
MRE Contract revenue |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  | 69,585 | $ 0 | 170,223 | 0 |
Income incentive allocation | Threshold 1 |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Percent of pre-incentive allocation net income |  |  |  | 0.00% |  |  |  |  |
Quarterly percent of pre-incentive allocation net income |  |  |  | 2.00% |  |  |  |  |
Annual percent of pre-incentive allocation net income |  |  |  | 8.00% |  |  |  |  |
Income incentive allocation | Threshold 2 |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Percent of pre-incentive allocation net income |  |  |  | 100.00% |  |  |  |  |
Income incentive allocation | Threshold 2 | Minimum |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Quarterly percent of pre-incentive allocation net income |  |  |  | 2.00% |  |  |  |  |
Income incentive allocation | Threshold 2 | Maximum |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Quarterly percent of pre-incentive allocation net income |  |  |  | 2.2223% |  |  |  |  |
Income incentive allocation | Threshold 3 |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Percent of pre-incentive allocation net income |  |  |  | 10.00% |  |  |  |  |
Quarterly percent of pre-incentive allocation net income |  |  |  | 2.2223% |  |  |  |  |
Equity Method Investee |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Purchase deposits |  |  |  |  |  |  | 23,473 | 0 | $ 19,300
Return of deposits for acquisition of leasing equipment |  |  |  |  |  |  | 42,813 | $ 0 |
Equity Method Investee | Aircraft Sale And Purchase Agreements | MRE Contract revenue |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Total revenues |  |  |  |  | $ 69,600 |  | $ 170,200 |  |
General Partner |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage by manager |  |  |  | 0.01% |  |  |  |  |
Incentive distribution percentage |  |  |  | 10.00% |  |  |  |  |
Former Manager |  |  |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |
Management fee percentage rate |  |  |  | 1.50% |  |  |  |  |
Incentive distribution percentage |  |  |  |  |  |  | 10.00% |  |
Cumulative preferred return |  |  |  |  |  |  | 10.00% |  |
[1] | Includes deposits for acquisition of leasing equipment paid on behalf of the 2025 Partnership of $23,473 and $0 for the six months ended June 30, 2025 and 2024, respectively, and return of deposits for the acquisition of leasing equipment reimbursed from the 2025 Partnership of $42,813 and $0 for the six months ended June 30, 2025 and 2024, respectively.

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