XML 48 R32.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Equipment Held for Operating Lease (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Equipment Held for Operating Lease [Abstract] |
Schedule of geographic information about the entity's leased aircraft equipment grouped by domicile of the lessee |
|  | Years Ended December 31, |
Lease rent revenue |  | 2015 |  | 2014 |  | 2013 |
|  | (in thousands) |
Region |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 43,577 |  | $ | 37,990 |  | $ | 37,788 |
Asia |  |  | 31,534 |  |  | 21,796 |  |  | 21,407 |
South America |  |  | 9,688 |  |  | 9,907 |  |  | 8,794 |
United States |  |  | 9,177 |  |  | 11,880 |  |  | 14,258 |
Mexico |  |  | 6,906 |  |  | 7,771 |  |  | 7,387 |
Canada |  |  | 2,789 |  |  | 4,997 |  |  | 2,947 |
Middle East |  |  | 2,223 |  |  | 4,143 |  |  | 6,547 |
Africa |  |  | 1,972 |  |  | 3,264 |  |  | 2,609 |
Totals |  | $ | 107,866 |  | $ | 101,748 |  | $ | 101,737 |
|  | Years Ended December 31, |
Lease rent revenue less applicable depreciation and interest |  | 2015 |  | 2014 |  | 2013 |
|  | (in thousands) |
Region |  |  |  |  |  |  |  |  |  |
United States |  | $ | 634 |  | $ | 2,577 |  | $ | 6,055 |
Mexico |  |  | 2,310 |  |  | 2,157 |  |  | 1,641 |
Canada |  |  | (123) |  |  | (100) |  |  | 747 |
Europe |  |  | 11,074 |  |  | 6,988 |  |  | 5,061 |
South America |  |  | 1,929 |  |  | 3,503 |  |  | 2,995 |
Asia |  |  | 8,867 |  |  | 5,891 |  |  | 5,652 |
Africa |  |  | 206 |  |  | 1,041 |  |  | 837 |
Middle East |  |  | 474 |  |  | 1,277 |  |  | 1,664 |
Off-lease and other |  |  | (19,713) |  |  | (19,525) |  |  | (13,973) |
Totals |  | $ | 5,658 |  | $ | 3,809 |  | $ | 10,679 |
|  | Years Ended December 31, |
Net book value of equipment held for operating lease |  | 2015 |  | 2014 |  | 2013 |
|  | (in thousands) |
Region |  |  |  |  |  |  |  |  |  |
United States |  | $ | 103,492 |  | $ | 61,521 |  | $ | 103,515 |
Mexico |  |  | 42,246 |  |  | 64,770 |  |  | 75,628 |
Canada |  |  | 18,893 |  |  | 11,026 |  |  | 12,500 |
Europe |  |  | 389,721 |  |  | 344,833 |  |  | 368,381 |
South America |  |  | 112,718 |  |  | 107,080 |  |  | 78,486 |
Asia |  |  | 310,292 |  |  | 232,448 |  |  | 219,123 |
Africa |  |  | 9,612 |  |  | 12,063 |  |  | 3,734 |
Middle East |  |  | 18,937 |  |  | 17,125 |  |  | 58,509 |
Off-lease and other |  |  | 116,948 |  |  | 215,582 |  |  | 113,146 |
Totals |  | $ | 1,122,859 |  | $ | 1,066,448 |  | $ | 1,033,022 |
Schedule of lease status of the equipment held for operating lease |
|  | December 31, 2015 |
Lease Term |  | Net Book Value |
|  | (in thousands) |
Off-lease and other |  | $ | 116,948 |
Month-to-month leases |  |  | 90,173 |
Leases expiring 2016 |  |  | 434,658 |
Leases expiring 2017 |  |  | 113,879 |
Leases expiring 2018 |  |  | 87,916 |
Leases expiring 2019 |  |  | 60,022 |
Leases expiring 2020 |  |  | 88,634 |
Leases expiring thereafter |  |  | 130,629 |
|  | $ | 1,122,859 |
|  | December 31, 2014 |
Lease Term |  | Net Book Value |
|  | (in thousands) |
Off-lease and other |  | $ | 215,582 |
Month-to-month leases |  |  | 97,951 |
Leases expiring 2015 |  |  | 331,757 |
Leases expiring 2016 |  |  | 151,444 |
Leases expiring 2017 |  |  | 73,387 |
Leases expiring 2018 |  |  | 62,972 |
Leases expiring 2019 |  |  | 24,001 |
Leases expiring thereafter |  |  | 109,354 |
|  | $ | 1,066,448 |
Schedule of minimum future payments under non-cancelable leases |
Year |  | (in thousands) |
2016 |  | $ | 74,133 |
2017 |  |  | 47,513 |
2018 |  |  | 35,467 |
2019 |  |  | 27,434 |
2020 |  |  | 21,914 |
Thereafter |  |  | 24,689 |
|  | $ | 231,150 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning to the lease status of the equipment that are held for operating lease. + References No definition available. + Details
Name: | wlfc_ScheduleOfEquipmentHeldForOperatingLeaseByLeaseStatusTableTextBlock
Namespace Prefix: | wlfc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of geographic information about the entity leased aircraft equipment grouped by domicile of the lessee. + References No definition available. + Details
Name: | wlfc_ScheduleOfEquipmentHeldForOperatingLeaseGroupedByLocationOfLesseeTableTextBlock
Namespace Prefix: | wlfc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments receivable as of the date of the latest balance sheet presented, in aggregate and for each of the five succeeding fiscal years for operating leases. + References No definition available. + Details
Name: | wlfc_ScheduleOfFutureMinimumRentalPaymentsReceivableForOperatingLeasesTableTextBlock
Namespace Prefix: | wlfc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration