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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
REVENUE    
Leasing and maintenance reserve revenue $ 142,895 $ 190,690
Gain on sale of leased equipment 3,391 20,044
Total revenue 288,692 409,160
EXPENSES    
Depreciation and amortization expense 94,541 86,236
Cost of spare parts and equipment sales 16,762 62,647
Write-down of equipment 20,540 18,220
General and administrative 67,910 86,523
Technical expense 6,533 8,122
Net finance costs:    
Interest expense 63,024 66,889
Loss on debt extinguishment 4,688 220
Total net finance costs 67,712 67,109
Total expenses 273,998 328,857
Earnings from operations 14,694 80,303
Earnings from joint ventures 2,642 8,578
Income before income taxes 17,336 88,881
Income tax expense 7,588 21,959
Net income 9,748 66,922
Preferred stock dividends 3,259 3,250
Accretion of preferred stock issuance costs 84 84
Net income attributable to common shareholders $ 6,405 $ 63,588
Basic weighted average earnings per common share (in dollars per share) $ 1.07 $ 10.90
Diluted weighted average earnings per common share (in dollars per share) $ 1.05 $ 10.50
Basic weighted average common shares outstanding (in shares) 5,963 5,836
Diluted weighted average common shares outstanding (in shares) 6,128 6,058
Lease rent revenue    
REVENUE    
Leasing and maintenance reserve revenue $ 142,895 $ 190,690
Maintenance reserve revenue    
REVENUE    
Leasing and maintenance reserve revenue 105,365 108,998
Spare parts and equipment sales    
REVENUE    
Spare parts, managed services, and other revenues 18,625 74,651
Other revenue    
REVENUE    
Spare parts, managed services, and other revenues $ 18,416 $ 14,777