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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE        
Lease rent revenue $ 45,025 $ 43,081 $ 93,394 $ 82,726
Maintenance reserve revenue 26,475 22,045 51,825 37,485
Spare parts and equipment sales 14,586 11,653 32,088 24,639
Gain on sale of leased equipment 5,120 52 14,690 597
Other revenue 4,591 1,871 7,569 3,752
Total revenue 95,797 78,702 199,566 149,199
EXPENSES        
Depreciation and amortization expense 20,043 18,384 40,301 35,739
Cost of spare parts and equipment sales 12,585 10,305 26,997 21,692
Write-down of equipment 3,262 3,578 4,367 3,578
General and administrative 21,389 16,782 42,829 32,393
Technical expense 1,407 3,232 3,195 6,909
Net finance costs:        
Interest expense 16,781 15,138 34,660 28,732
Loss on debt extinguishment 220 0 220 0
Total net finance costs 17,001 15,138 34,880 28,732
Total expenses 75,687 67,419 152,569 129,043
Earnings from operations 20,110 11,283 46,997 20,156
Earnings from joint ventures 1,676 316 2,622 1,063
Income before income taxes 21,786 11,599 49,619 21,219
Income tax expense 4,811 3,240 11,766 5,776
Net income 16,975 8,359 37,853 15,443
Preferred stock dividends 810 810 1,611 1,612
Accretion of preferred stock issuance costs 21 21 42 42
Net income attributable to common shareholders $ 16,144 $ 7,528 $ 36,200 $ 13,789
Basic weighted average earnings per common share (in dollars per share) $ 2.75 $ 1.28 $ 6.22 $ 2.30
Diluted weighted average earnings per common share (in dollars per share) $ 2.66 $ 1.26 $ 6.01 $ 2.25
Basic weighted average common shares outstanding (in shares) 5,866 5,878 5,823 5,990
Diluted weighted average common shares outstanding (in shares) 6,061 5,991 6,020 6,123