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Equipment Held for Operating Lease and Notes Receivable | 3 Months Ended
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Mar. 31, 2022
Leases [Abstract] |
Equipment Held for Operating Lease and Notes Receivable | Equipment Held for Operating Lease and Notes Receivable As of March 31, 2022, the Company had $1,951.4 million equipment held for operating lease portfolio and $114.3 million notes receivable which represented 298 engines, twelve aircraft, one marine vessel and other leased parts and equipment. As of December 31, 2021, the Company had $1,991.4 million equipment held for operating lease portfolio and $115.5 million notes receivable which represented 304 engines, twelve 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, 2022 |  | December 31, 2021 |  |
| Gross Value |  | Accumulated Depreciation |  | Net Book Value |  | Gross Value |  | Accumulated Depreciation |  | Net Book Value |  |  |  |  |  |
Engines and related equipment | $ | 2,327,007 |  |  | $ | (515,549) |  |  | $ | 1,811,458 |  |  | $ | 2,368,496 |  |  | $ | (515,442) |  |  | 1,853,054 |  |  |  |  |  |  |
Aircraft and airframes | 137,214 |  |  | (8,776) |  |  | 128,438 |  |  | 134,370 |  |  | (7,790) |  |  | 126,580 |  |  |  |  |  |  |
Marine vessel | 13,470 |  |  | (1,918) |  |  | 11,552 |  |  | 13,470 |  |  | (1,736) |  |  | 11,734 |  |  |  |  |  |  |
| $ | 2,477,691 |  |  | $ | (526,243) |  |  | $ | 1,951,448 |  |  | $ | 2,516,336 |  |  | (524,968) |  |  | 1,991,368 |  |  |  |  |  |  |
Notes Receivable During the three months ended March 31, 2022 and 2021, the Company recorded interest income related to the notes receivable of $2.1 million and $2.9 million, respectively, and is presented within Other revenue. The effective interest rates on our notes receivable ranged from 6.3% to 12.2% as of March 31, 2022 and 6.3% to 13.7% as of March 31, 2021.

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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: 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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