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Debt Obligations (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of notes payable
Debt obligations consisted of the following:
September 30,
2021		December 31,
2020
(in thousands)
Credit facility at a floating rate of interest of one-month LIBOR plus 1.75% at September 30, 2021, secured by engines. The facility has a committed amount of $1.0 billion at September 30, 2021, which revolves until the maturity date of June 2024
$603,000 $777,000 
WEST VI Series A 2021 term notes payable at a fixed rate of interest of 3.10%, maturing in May 2046, secured by engines and one airframe
275,848 — 
WEST VI Series B 2021 term notes payable at a fixed rate of interest of 5.44%, maturing in May 2046, secured by engines and one airframe
38,318 — 
WEST VI Series C 2021 term notes payable at a fixed rate of interest of 7.39%, maturing in May 2046, secured by engines and one airframe
18,779 — 
WEST V Series A 2020 term notes payable at a fixed rate of interest of 3.23%, maturing in March 2045, secured by engines
276,861 286,863 
WEST V Series B 2020 term notes payable at a fixed rate of interest of 4.21%, maturing in March 2045, secured by engines
38,468 39,855 
WEST V Series C 2020 term notes payable at a fixed rate of interest of 6.66%, maturing in March 2045, secured by engines
17,441 19,043 
WEST IV Series A 2018 term notes payable at a fixed rate of interest of 4.75%, maturing in September 2043, secured by engines
265,287 277,481 
WEST IV Series B 2018 term notes payable at a fixed rate of interest of 5.44%, maturing in September 2043, secured by engines
38,885 39,640 
WEST III Series A 2017 term notes payable at a fixed rate of interest of 4.69%, maturing in August 2042, secured by engines
223,815 227,138 
WEST III Series B 2017 term notes payable at a fixed rate of interest of 6.36%, maturing in August 2042, secured by engines
32,195 32,481 
Note payable at three-month LIBOR plus a margin ranging from 1.85% to 2.50%, repaid in May 2021, secured by engines
— 6,138 
Note payable at a fixed rate of interest of 3.18%, maturing in July 2024, secured by an aircraft
5,798 7,247 
1,834,695 1,712,886 
Less: unamortized debt issuance costs(20,487)(19,133)
Total debt obligations$1,814,208 $1,693,753 
Schedule or debt maturities
Principal outstanding at September 30, 2021, is expected to be repayable as follows:
Year(in thousands)
2021$27,802 
202263,041 
202363,107 
2024665,273 
202561,038 
Thereafter954,434 
Total$1,834,695