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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income $ 66,922 $ 43,231
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 86,236 76,814
Write-down of equipment 18,220 10,651
Stock-based compensation expenses 7,787 5,410
Amortization of deferred costs 6,364 6,403
Allowances and provisions (272) 1,503
Gain on sale of leased equipment (20,044) (6,944)
Income from joint ventures (8,578) (3,800)
Loss (gain) on disposal of property, equipment and furnishings 42 (41)
Loss on debt extinguishment 220 0
Deferred income taxes 21,074 12,057
Changes in assets and liabilities:    
Receivables (517) (5,925)
Distributions received from joint ventures 3,300 5,730
Inventory 29,114 12,111
Other assets (2,519) (3,453)
Accounts payable and accrued expenses 2,131 12,543
Maintenance reserves 22,282 21,964
Security deposits (2,108) 3,075
Unearned revenue 661 (2,642)
Net cash provided by operating activities 230,315 188,687
Cash flows from investing activities:    
Proceeds from sale of equipment (net of selling expenses) 191,891 64,429
Issuance of notes receivable (42,857) 0
Payments received on notes receivable 4,950 0
Capital contributions to joint ventures (5,713) 0
Purchase of equipment held for operating lease and for sale (289,385) (441,416)
Purchase of property, equipment and furnishings (6,330) (3,487)
Net cash used in investing activities (147,444) (380,474)
Cash flows from financing activities:    
Proceeds from issuance of debt obligations 340,120 759,439
Debt issuance costs (3,142) (7,748)
Principal payments on debt obligations (428,081) (504,753)
Interest bearing security deposits (2,092) 0
Proceeds from shares issued under stock compensation plans 335 245
Repurchase of common stock (3,567) (16,135)
Preferred stock dividends (3,250) (3,348)
Cancellation of restricted stock units in satisfaction of withholding tax (1,475) (1,288)
Net cash (used in) provided by financing activities (101,152) 226,412
Increase/(Decrease) in cash, cash equivalents and restricted cash (18,281) 34,625
Cash, cash equivalents and restricted cash at beginning of period 81,949 47,324
Cash, cash equivalents and restricted cash at end of period 63,668 81,949
Net cash paid for:    
Interest 63,585 59,122
Income Taxes 222 1,073
Supplemental disclosures of non-cash activities:    
Purchase of equipment held for operating lease 2,515 21,656
Transfers from Equipment held for operating lease to Equipment held for sale 10,131 0
Transfers from Equipment held for operating lease to Spare parts inventory 23,931 18,220
Transfers from Equipment held for sale to Spare parts inventory 422 26,387
Accrued preferred stock dividends 686 686
Accretion of preferred stock issuance costs $ 84 $ 83