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Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Income      
Revenue $ 311,927 $ 274,202  
Expenses 302,072 265,862  
Net income 5,439 3,352  
Consolidated Balance Sheets      
Total assets [1] 2,575,217 2,462,927  
Total liabilities [2] 2,120,640 2,037,237  
Total shareholders’ equity 404,688 375,885 $ 364,015
WMES      
Consolidated Statements of Income      
Revenue 52,106 29,596  
Expenses 51,953 29,303  
Net income 153 293  
Consolidated Balance Sheets      
Total assets 267,580 310,260  
Total liabilities 183,083 225,917  
Total shareholders’ equity $ 84,497 $ 84,343  
[1] Total assets at December 31, 2022 and 2021 include the following assets of variable interest entity’s (“VIE’s”) that can only be used to settle the liabilities of the VIE’s: Restricted cash $76,870 and $81,312; Equipment $1,167,970 and $1,226,395; Maintenance rights $5,433 and $5,433; Inventory $0 and $4,367; Notes receivable $80,220 and $90,868; and Other assets $6,470 and $4,775, respectively.
[2] Total liabilities at December 31, 2022 and 2021 include the following liabilities of VIEs for which the VIEs' creditors do not have recourse to Willis Lease Finance Corporation: Debt obligations $1,118,721 and $1,197,922, respectively.