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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE        
Interest revenue $ 2,258 $ 1,865 $ 4,304 $ 3,978
Gain on sale of leased equipment 4,461 498 4,328 2,796
Gain on sale of financial assets 0 3,116 0 3,116
Total revenue 108,996 78,075 198,531 146,892
EXPENSES        
Depreciation and amortization expense 22,494 21,612 45,043 43,421
Cost of spare parts and equipment sales 3,058 7,014 7,557 11,876
Write-down of equipment 1,671 78 1,671 21,195
General and administrative 38,327 20,427 71,598 44,032
Technical expense 4,919 3,436 7,748 9,082
Net finance costs:        
Interest expense 19,085 16,023 37,474 32,906
Total net finance costs 19,085 16,023 37,474 32,906
Total expenses 89,554 68,590 171,091 162,512
Income (Loss) from operations 19,442 9,485 27,440 (15,620)
(Loss) Income from joint ventures (474) 1,469 (1,635) (1,147)
Income (Loss) before income taxes 18,968 10,954 25,805 (16,767)
Income tax expense (benefit) 5,152 5,046 7,595 (1,474)
Net income (loss) 13,816 5,908 18,210 (15,293)
Preferred stock dividends 811 811 1,612 1,612
Accretion of preferred stock issuance costs 21 21 42 42
Net income (loss) attributable to common shareholders $ 12,984 $ 5,076 $ 16,556 $ (16,947)
Basic weighted average income (loss) per common share (in dollars per share) $ 2.04 $ 0.83 $ 2.65 $ (2.81)
Diluted weighted average income (loss) per common share (in dollars per share) $ 2.02 $ 0.81 $ 2.57 $ (2.81)
Basic weighted average common shares outstanding (in shares) 6,354 6,129 6,239 6,040
Diluted weighted average common shares outstanding (in shares) 6,442 6,246 6,449 6,040
Lease rent revenue        
REVENUE        
Lease rent and maintenance reserve revenue $ 54,416 $ 36,704 $ 107,636 $ 74,829
Maintenance reserve revenue        
REVENUE        
Lease rent and maintenance reserve revenue 35,415 24,245 58,913 39,079
Spare parts and equipment sales        
REVENUE        
Other sales and revenue 4,550 6,792 9,602 13,422
Other revenue        
REVENUE        
Other sales and revenue $ 7,896 $ 4,855 $ 13,748 $ 9,672