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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill by Operating Segment | Changes in the carrying amount of goodwill by segment for the six months ended June 30, 2024 were as follows (in thousands):
|  | Aviation |  | Fleet |  | Total
Balance as of December 31, 2023 |  | $ | 288,591 |  |  | $ | 63,190 |  |  | $ | 351,781 |
Acquisitions |  | 40,093 |  |  | — |  |  | 40,093 |
Measurement period adjustment |  | (1,739) |  |  | — |  |  | (1,739) |
Balance as of June 30, 2024 |  | $ | 326,945 |  |  | $ | 63,190 |  |  | $ | 390,135 |
Schedule of Intangible Assets | Intangible assets consisted of the following (in thousands):
|  | Cost |  | Accumulated Amortization |  | Net Intangible Assets
June 30, 2024 |  |  |  |  |  |
Contract and customer-related |  | $ | 230,690 |  |  | $ | (65,301) |  |  | $ | 165,389 |
Trade names |  | 8,670 |  |  | (8,670) |  |  | — |
Total |  | $ | 239,360 |  |  | $ | (73,971) |  |  | $ | 165,389 |
December 31, 2023 |  |  |  |  |  |
Contract and customer-related |  | $ | 241,090 |  |  | $ | (127,022) |  |  | $ | 114,068 |
Trade names |  | 8,670 |  |  | (8,608) |  |  | 62 |
Total |  | $ | 249,760 |  |  | $ | (135,630) |  |  | $ | 114,130 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | As of June 30, 2024, the estimated future annual amortization expense related to intangible assets is as follows (in thousands):
Year Ending |  | Amount
Remainder of 2024 |  | $ | 9,618 |
2025 |  | 19,235 |
2026 |  | 19,111 |
2027 |  | 17,365 |
2028 |  | 16,531 |
Thereafter |  | 83,529 |
Total |  | $ | 165,389 |

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