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Equipment Held for Operating Lease (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of carrying amounts of assets subject to leases
The following table disaggregates equipment held for operating lease by asset class (in thousands):

As of December 31,
20222021
Gross valueAccumulated depreciationNet book valueGross valueAccumulated depreciationNet book value
(in thousands)
Engines and related equipment$2,491,448 $(525,172)$1,966,276 $2,368,496 $(515,442)$1,853,054 
Aircraft and airframes150,089 (15,543)134,546 134,370 (7,790)126,580 
Marine vessel13,581 (2,468)11,113 13,470 (1,736)11,734 
$2,655,118 $(543,183)$2,111,935 $2,516,336 $(524,968)$1,991,368 
Schedule of geographic information about the entity's leased aircraft equipment grouped by domicile of the lessee The tables below set forth geographic information about the leased equipment grouped by domicile of the lessee (which is not necessarily indicative of the asset’s actual location):
Years Ended December 31,
Lease rent revenue20222021
Region(in thousands)
United States$64,767 $61,947 
Asia-Pacific40,270 27,117 
Europe35,621 29,769 
South America12,246 11,338 
Canada5,083 1,245 
Central America3,391 2,461 
Middle East1,193 954 
Totals$162,571 $134,831 
Schedule of lease status of the equipment held for operating lease
As of December 31,
Net book value of equipment held for operating lease20222021
Region(in thousands)
Asia-Pacific$485,737 $371,554 
United States471,184 425,822 
Europe353,661 474,198 
South America141,145 111,941 
Central America130,187 163,526 
Canada69,030 55,109 
Middle East42,853 22,320 
Off-lease418,138 366,898 
Totals$2,111,935 $1,991,368 

As of December 31, 2022, the lease status of the equipment held for operating lease (in thousands) was as follows:

Lease TermNet Book Value
Off-lease and other$418,138 
Month-to-month leases400,293 
Leases expiring 2023665,055 
Leases expiring 2024156,784 
Leases expiring 202589,600 
Leases expiring 202692,682 
Leases expiring 202785,708 
Leases expiring thereafter203,675 
$2,111,935 
Schedule of minimum future payments under non-cancelable leases
As of December 31, 2022, minimum future payments under non-cancelable leases were as follows:

Year(in thousands)
2023$146,842 
202466,513 
202552,000 
202639,410 
202727,763 
Thereafter35,708 
$368,236