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Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Revenue $ 68,817 $ 61,125    
Expenses 93,922 62,297    
Net loss (21,201) (1,332)    
Statement of Financial Position [Abstract]        
Total assets [1] 2,429,926   $ 2,462,927  
Total liabilities [2] 2,009,093   2,037,237  
Total WMES net equity 371,007 372,412 375,885 $ 364,015
WMES        
Income Statement [Abstract]        
Revenue 9,541 4,761    
Expenses 15,003 6,169    
Net loss (5,462) $ (1,408)    
Statement of Financial Position [Abstract]        
Total assets 298,487   310,260  
Total liabilities 219,605   225,917  
Total WMES net equity $ 78,882   $ 84,343  
[1] Total assets at March 31, 2022 and December 31, 2021, respectively, include the following assets of variable interest entities (“VIEs”) that can only be used to settle the liabilities of the VIEs: Restricted cash $68,875 and $81,312; Equipment $1,197,953 and $1,226,395; Maintenance Rights $5,433 and $5,433; Inventory $— and $4,367; Notes receivable $90,145 and $90,868; and Other assets $5,248 and $4,775, respectively.
[2] Total liabilities at March 31, 2022 and December 31, 2021, respectively, include the following liabilities of VIEs for which the VIEs’ creditors do not have recourse to Willis Lease Finance Corporation: Debt obligations $1,176,975 and $1,197,922, respectively.