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CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Rental of flight equipment $ 2,477,607 $ 2,214,508 $ 2,003,337
Aircraft sales, trading, and other $ 207,370 $ 102,794 $ 85,052
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member]
Total revenues $ 2,684,977 $ 2,317,302 $ 2,088,389
Expenses      
Interest 654,910 492,924 462,396
Amortization of debt discounts and issuance costs 54,053 53,254 50,620
Interest expense 708,963 546,178 513,016
Depreciation of flight equipment 1,068,772 965,955 882,562
Write-off of Russian fleet, net of (recoveries) (67,022) 771,476 0
Selling, general, and administrative 186,015 156,855 125,279
Stock-based compensation expense 34,615 15,603 26,516
Total expenses 1,931,343 2,456,067 1,547,373
Income/(Loss) before taxes 753,634 (138,765) 541,016
Income tax (expense)/benefit (139,012) 41,741 (104,384)
Net income/(loss) 614,622 (97,024) 436,632
Preferred stock dividends (41,700) (41,700) (28,473)
Net income/(loss) attributable to common stockholders, basic 572,922 (138,724) 408,159
Net income/(loss) attributable to common stockholders, diluted 572,922 (138,724) 408,159
Other Comprehensive Income/(Loss):      
Foreign currency translation adjustment (20,197) 21,943 (2,419)
Change in fair value of hedged transactions 19,460 (16,647) (294)
Total tax benefit/(expense) on other comprehensive income/loss 157 (1,133) 580
Other comprehensive (loss)/income, net of tax (580) 4,163 (2,133)
Total comprehensive income/(loss) attributable for common stockholders $ 572,342 $ (134,561) $ 406,026
Earnings per share of common stock:      
Basic (in dollars per share) $ 5.16 $ (1.24) $ 3.58
Diluted (in dollars per share) $ 5.14 $ (1.24) $ 3.57
Weighted-average shares of common stock outstanding      
Basic (in shares) 111,005,088 111,626,508 114,050,578
Diluted (in shares) 111,438,589 111,626,508 114,446,093
Dividends declared per share of common stock (in dollars per share) $ 0.81 $ 0.755 $ 0.665