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Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
Income Statement [Abstract]                
Revenue $ 70,791 $ 70,613 $ 198,388 $ 227,205        
Expenses 64,706 66,031 194,649 205,510        
Net income 2,884 2,984 1,610 12,642        
Statement of Financial Position [Abstract]                
Total assets [1] 2,500,888   2,500,888     $ 2,364,948    
Total liabilities [2] 2,080,260   2,080,260     1,951,211    
Total WMES net equity 370,843 364,295 370,843 364,295 $ 368,689 364,015 $ 357,868 $ 350,338
WMES                
Income Statement [Abstract]                
Revenue 7,269 9,610 16,915 29,525        
Expenses 7,217 7,539 19,992 25,718        
Net income 52 $ 2,071 (3,077) $ 3,807        
Statement of Financial Position [Abstract]                
Total assets 314,110   314,110     303,886    
Total liabilities 233,137   233,137     219,836    
Total WMES net equity $ 80,973   $ 80,973     $ 84,050    
[1] Total assets at September 30, 2021 and December 31, 2020, respectively, include the following assets of variable interest entities (“VIEs”) that can only be used to settle the liabilities of the VIEs: Restricted cash $56,476 and $35,262; Equipment $1,224,879 and $1,037,684; Maintenance Rights $5,433 and $767; Inventory $4,367 and $5,437; Notes receivable $131,584 and $26,392; and Other assets $4,748 and $558, respectively.
[2] Total liabilities at September 30, 2021 and December 31, 2020, respectively, include the following liabilities of VIEs for which the VIEs’ creditors do not have recourse to Willis Lease Finance Corporation: Debt obligations $1,208,679 and $907,550, respectively.