Other Income, Net (Tables)

9 Months Ended

Sep. 30, 2023

Other Income and Expenses [Abstract]

Other income, net consists of the following:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Gain (loss) from:
Change in fair value of interest rate swap (see Note 17)	$	4,765	$	9,828	$	4,102	$	29,318
Foreign exchange (1)	(3,154)		(11,027)		404		(18,815)
Sale of aircraft (see Note 5)	—		—		—		2,029

Change in fair value of acquisition contingent consideration (see Note 17)	—		506		—		6
Receipts related to interest rate swap	2,336		752		6,420		475
Other income (expense), net (2)	2,006		873		(3,719)		1,780
Total other income, net	$	5,953	$	932	$	7,207	$	14,793

Foreign exchange (loss) gain is primarily attributable to foreign currency translation derived mainly from U.S. dollar denominated cash and cash equivalents, account receivables, customer deposits, and intercompany balances held by foreign subsidiaries. Intercompany finance transactions primarily denominated in U.S. dollars resulted in unrealized foreign exchange (losses) gains of $(1,574) and $(5,730) for the three months ended September 30, 2023 and 2022, respectively, and $684 and $(12,293) for the nine months ended September 30, 2023 and 2022, respectively.(2)Other income (expense), net includes investment impairment charges of $(7,318) for the nine months ended September 30, 2023, partially offset by gains on investments of $2,360 recorded during the three months ended September 30, 2023 (see Note 7).