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Debt Financing (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Financing |
Summary of consolidated debt | The Company’s consolidated debt as of September 30, 2020 and December 31, 2019 (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2020 |  | 2019
Unsecured | ​ | ​ | ​ | ​ | ​ | ​
Senior notes | ​ | $ | 14,069,115 | ​ | $ | 12,357,811
Term financings | ​ |  | 967,000 | ​ |  | 883,050
Revolving credit facility | ​ |  | — | ​ |  | 20,000
Total unsecured debt financing | ​ |  | 15,036,115 | ​ |  | 13,260,861
Secured | ​ | ​ | ​ | ​ | ​ | ​
Term financings | ​ |  | 289,207 | ​ |  | 428,824
Export credit financing | ​ |  | 26,619 | ​ |  | 31,610
Total secured debt financing | ​ |  | 315,826 | ​ |  | 460,434
​ | ​ | ​ | ​ | ​ | ​ | ​
Total debt financing | ​ |  | 15,351,941 | ​ |  | 13,721,295
Less: Debt discounts and issuance costs | ​ |  | (171,796) | ​ |  | (142,429)
Debt financing, net of discounts and issuance costs | ​ | $ | 15,180,145 | ​ | $ | 13,578,866
Schedule of secured obligations | The Company’s secured obligations as of September 30, 2020 and December 31, 2019 are summarized below (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ | ​ | 2020 | ​ | 2019
Nonrecourse | ​ | $ | — | ​ | $ | 128,460
Recourse | ​ |  | 315,826 | ​ |  | 331,974
Total secured debt financing | ​ | $ | 315,826 | ​ | $ | 460,434
Number of aircraft pledged as collateral | ​ |  | 12 | ​ |  | 15
Net book value of aircraft pledged as collateral | ​ | $ | 636,566 | ​ | $ | 890,693
Schedule of maturities of debt outstanding | Maturities of debt outstanding as of September 30, 2020 are as follows (in thousands): ​
​ | ​ | ​ | ​
Years ending December 31, |  | ​
2020 | ​ | $ | 172,778
2021 | ​ |  | 1,934,141
2022 | ​ |  | 2,730,561
2023 | ​ |  | 2,502,123
2024 | ​ |  | 1,525,428
Thereafter | ​ |  | 6,486,910
Total | ​ | $ | 15,351,941

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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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