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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Rental of flight equipment $ 468,443 $ 492,869 $ 1,462,999 $ 1,412,478
Aircraft sales, trading and other 25,158 38,033 63,338 55,870
Total revenues 493,601 530,902 1,526,337 1,468,348
Expenses        
Interest 107,519 104,637 317,753 290,681
Amortization of debt discounts and issuance costs 10,899 9,078 31,660 26,330
Interest expense 118,418 113,715 349,413 317,011
Depreciation of flight equipment 195,054 183,788 577,969 514,948
Selling, general and administrative 20,239 34,715 75,142 92,188
Stock-based compensation 6,635 4,897 14,956 14,934
Total expenses 340,346 337,115 1,017,480 939,081
Income before taxes 153,255 193,787 508,857 529,267
Income tax expense (32,860) (38,000) (103,686) (107,081)
Net income 120,395 155,787 405,171 422,186
Preferred stock dividends (3,843) (3,844) (11,531) (8,115)
Net income available to common stockholders 116,552 151,943 393,640 414,071
Other Comprehensive Income/(Loss):        
Change in foreign currency translation adjustment (5,637)   7,601  
Change from current period hedged transaction 7,395   (7,086)  
Total tax expense on other comprehensive income/loss (378)   (89)  
Other Comprehensive income available for common stockholders, net of tax 1,380   426  
Total comprehensive income available for common stockholders $ 117,932 $ 151,943 $ 394,066 $ 414,071
Earnings per share of common stock:        
Basic (in dollars per share) $ 1.02 $ 1.36 $ 3.46 $ 3.71
Diluted (in dollars per share) $ 1.02 $ 1.34 $ 3.46 $ 3.67
Weighted-average shares outstanding        
Basic (in shares) 113,778,533 112,133,556 113,647,585 111,511,960
Diluted (in shares) 113,951,102 113,263,396 113,928,775 112,837,526
Dividends declared per share of common stock $ 0.15 $ 0.13 $ 0.45 $ 0.39