XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Investments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Investments [Abstract] |
Schedule of Investments |
As of September 30, 2022 |  | WMES |  | CASC Willis |  | Total
|  | (in thousands)
Investment in joint ventures as of December 31, 2021 |  | $ | 39,069 |  |  | $ | 16,858 |  |  | $ | 55,927 |
Loss from joint ventures |  | (1,090) |  |  | (441) |  |  | (1,531) |
Foreign currency translation adjustment |  | — |  |  | (1,877) |  |  | (1,877) |
Other comprehensive gain from joint ventures |  | 1,764 |  |  | — |  |  | 1,764 |
Investment in joint ventures as of September 30, 2022 |  | $ | 39,743 |  |  | $ | 14,540 |  |  | $ | 54,283 |
Summarized Financial Information | Unaudited summarized financial information for 100% of WMES is presented in the following tables:
| Three months ended September 30, |  | Nine months ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (in thousands) |  | (in thousands)
Revenue | $ | 8,540 |  |  | $ | 7,269 |  |  | $ | 39,266 |  |  | $ | 16,915 |
Expenses | 8,910 |  |  | 7,217 |  |  | 41,601 |  |  | 19,992 |
WMES net income (loss) | $ | (370) |  |  | $ | 52 |  |  | $ | (2,335) |  |  | $ | (3,077) |
| September 30, 2022 |  | December 31, 2021
| (in thousands)
Total assets | $ | 276,753 |  |  | $ | 310,260 |
Total liabilities | 194,744 |  |  | 225,917 |
Total WMES net equity | $ | 82,009 |  |  | $ | 84,343 |

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity Method Investment Summarized Financial Information [Table Text Block] + References No definition available. + Details
Name: | wlfc_EquityMethodInvestmentSummarizedFinancialInformationTableTextBlock
Namespace Prefix: | wlfc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration