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Debt Financing (Tables)

12 Months Ended

Dec. 31, 2019

Debt Financing

Summary of consolidated debt

​

​	​	​	​	​	​	​
​		December 31,			December 31,
​		2019			2018
​	​	(in thousands)
Unsecured	​	​	​	​	​	​
Senior notes	​	$	12,357,811	​	$	10,043,445
Term financings	​		883,050	​		607,340
Revolving credit facilities	​		20,000	​		602,000
Total unsecured debt financing	​		13,260,861	​		11,252,785
Secured	​	​	​	​	​	​
Term financings	​		428,824	​		371,203
Export credit financing	​		31,610	​		38,265
Total secured debt financing	​		460,434	​		409,468
​	​	​	​	​	​	​
Total debt financing	​		13,721,295	​		11,662,253
Less: Debt discounts and issuance costs	​		(142,429)	​		(123,348)
Debt financing, net of discounts and issuance costs	​	$	13,578,866	​	$	11,538,905

Schedule of secured obligations

​

​	​	​	​	​	​	​
​		December 31,			December 31,
​	​	2019		​	2018
​	​	(in thousands, except for number of aircraft)
Nonrecourse	​	$	128,460	​	$	167,245
Recourse	​		331,974	​		242,223
Total	​	$	460,434	​	$	409,468
Number of aircraft pledged as collateral	​		15	​		20
Net book value of aircraft pledged as collateral	​	$	890,693	​	$	1,132,111

Schedule of maturities of debt outstanding

​

​	​	​	​
Years ending December 31,		(in thousands)
2020	​	$	1,405,118
2021	​		1,998,888
2022	​		2,711,600
2023	​		2,510,749
2024	​		1,558,029
Thereafter	​		3,536,911
Total	​	$	13,721,295

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Tabular disclosure of secured obligations of the entity.

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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.

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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

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