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Commitments and Contingencies | 6 Months Ended
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Jun. 30, 2018
Commitments and Contingencies |
Commitments and Contingencies | Note 6 — Commitments and Contingencies As of June 30, 2018, the Company leased aircraft, airport facilities, office space, and other property and equipment under non-cancelable operating leases which are generally on a long-term, triple net lease basis pursuant to which the Company pays taxes, maintenance, insurance and certain other operating expenses applicable to the leased property. The Company expects that, in the normal course of business, such operating leases that expire will be renewed or replaced by other leases, or the property may be purchased rather than leased. The following table summarizes future minimum rental payments primarily related to aircraft required under operating leases that had initial or remaining non-cancelable lease terms as of June 30, 2018 (in thousands):
July through December 2018 |  | $ | 43,683 |
2019 |  |  | 85,317 |
2020 |  |  | 101,529 |
2021 |  |  | 93,117 |
2022 |  |  | 75,178 |
Thereafter |  |  | 159,347 |
|  | $ | 558,171 |
As of June 30, 2018, the Company had a firm purchase commitment for 23 E175/E175 SC aircraft from Embraer, S.A. with scheduled delivery dates through the end of 2018 or early 2019 with the exception of three E175 aircraft that have been deferred until 2021. The following table summarizes the Company’s commitments and obligations as noted for each of the next five years and thereafter (in thousands):
|  | Total |  | Jul - Dec 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | Thereafter |
Operating lease payments for aircraft and facility obligations |  | $ | 558,171 |  | $ | 43,683 |  | $ | 85,317 |  | $ | 101,529 |  | $ | 93,117 |  | $ | 75,178 |  | $ | 159,347 |
Firm aircraft and spare engine commitments |  |  | 626,980 |  |  | 508,740 |  |  | 21,200 |  |  | 10,600 |  |  | 86,440 |  |  | — |  |  | — |
Interest commitments (1) |  |  | 600,413 |  |  | 60,497 |  |  | 111,075 |  |  | 96,051 |  |  | 82,139 |  |  | 69,227 |  |  | 181,424 |
Principal maturities on long-term debt |  |  | 2,994,776 |  |  | 172,320 |  |  | 357,548 |  |  | 330,229 |  |  | 319,827 |  |  | 310,891 |  |  | 1,503,961 |
Total commitments and obligations |  | $ | 4,780,340 |  | $ | 785,240 |  | $ | 575,140 |  | $ | 538,409 |  | $ | 581,523 |  | $ | 455,296 |  | $ | 1,844,732 |
| (1) |  | At June 30, 2018, the Company had variable rate notes representing 1.6% of its total long-term debt. Actual interest commitments will change based on the actual variable interest.

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- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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