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Equipment Held for Operating Lease and Notes Receivable | 3 Months Ended
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Mar. 31, 2021
Leases [Abstract] |
Equipment Held for Operating Lease and Notes Receivable | Equipment Held for Operating Lease and Notes Receivable As of March 31, 2021, the Company had $1,887.9 million equipment held for operating lease portfolio and $197.6 million notes receivable which represented 295 engines, eight aircraft, one marine vessel and other leased parts and equipment. As of December 31, 2020, the Company had $1,886.6 million equipment held for operating lease portfolio and $158.7 million notes receivable which represented 291 engines, eight aircraft, one marine vessel and other leased parts and equipment. The following table disaggregates equipment held for operating lease by asset class (in thousands):
| March 31, 2021 |  | December 31, 2020
| Gross Value |  | Accumulated Depreciation |  | Net Book Value |  | Gross Value |  | Accumulated Depreciation |  | Net Book Value
Engines and related equipment | $ | 2,264,712 |  |  | $ | (468,290) |  |  | $ | 1,796,422 |  |  | $ | 2,238,160 |  |  | $ | (445,780) |  |  | $ | 1,792,380 |
Aircraft and airframes | 87,746 |  |  | (8,088) |  |  | 79,658 |  |  | 89,613 |  |  | (7,312) |  |  | 82,301 |
Marine vessel | 13,010 |  |  | (1,206) |  |  | 11,804 |  |  | 12,963 |  |  | (1,031) |  |  | 11,932 |
| $ | 2,365,468 |  |  | $ | (477,584) |  |  | $ | 1,887,884 |  |  | $ | 2,340,736 |  |  | $ | (454,123) |  |  | $ | 1,886,613 |
Notes Receivable During the three months ended March 31, 2021 and 2020, the Company recorded $2.9 million and $1.0 million of interest revenue, respectively, related to the notes receivable and is presented within Other revenue. The effective interest rates on our notes receivable ranged from 6.3% to 13.7% during the three months ended March 31, 2021 and 7.1% to 13.7% during the three months ended March 31, 2020.

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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph Note 1 -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph Note 3 -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=77888252 + Details
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