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Debt Financing (Tables) | 9 Months Ended
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Sep. 30, 2019
Debt Financing |
Summary of consolidated debt | The Company’s debt financing was comprised of the following at September 30, 2019 and December 31, 2018 (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2019 |  | 2018
Unsecured | ​ | ​ | ​ | ​ | ​ | ​
Senior notes | ​ | $ | 12,050,000 | ​ | $ | 10,043,445
Term financings | ​ |  | 813,150 | ​ |  | 607,340
Revolving credit facilities | ​ |  | 610,000 | ​ |  | 602,000
Total unsecured debt financing | ​ |  | 13,473,150 | ​ |  | 11,252,785
Secured | ​ | ​ | ​ | ​ | ​ | ​
Term financings | ​ |  | 392,593 | ​ |  | 371,203
Export credit financing | ​ |  | 33,274 | ​ |  | 38,265
Total secured debt financing | ​ |  | 425,867 | ​ |  | 409,468
​ | ​ | ​ | ​ | ​ | ​ | ​
Total debt financing | ​ |  | 13,899,017 | ​ |  | 11,662,253
Less: Debt discounts and issuance costs | ​ |  | (147,145) | ​ |  | (123,348)
Debt financing, net of discounts and issuance costs | ​ | $ | 13,751,872 | ​ | $ | 11,538,905
Schedule of secured obligations | The Company’s secured obligations as of September 30, 2019 and December 31, 2018 are summarized below (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ | ​ | 2019 | ​ | 2018
Nonrecourse | ​ | $ | 138,797 | ​ | $ | 167,245
Recourse | ​ |  | 287,070 | ​ |  | 242,223
Total secured debt financing | ​ | $ | 425,867 | ​ | $ | 409,468
Number of aircraft pledged as collateral | ​ |  | 17 | ​ |  | 20
Net book value of aircraft pledged as collateral | ​ | $ | 915,211 | ​ | $ | 1,132,111
Schedule of maturities of debt outstanding | Maturities of debt outstanding as of September 30, 2019 are as follows (in thousands): ​
​ | ​ | ​ | ​
Years ending December 31, |  | ​
2019 | ​ | $ | 31,189
2020 | ​ |  | 1,456,585
2021 | ​ |  | 1,993,870
2022 | ​ |  | 2,696,599
2023 | ​ |  | 2,966,461
Thereafter | ​ |  | 4,754,313
Total | ​ | $ | 13,899,017

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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