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Reportable Segments
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Reportable Segments Reportable Segments
The Company has two reportable segments: (i) Leasing and Related Operations, which involves acquiring and leasing, primarily pursuant to operating leases, commercial aircraft, aircraft engines, and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses and (ii) Spare Parts Sales, which involves the purchase and resale of after-market engine parts, whole engines, engine modules, and portable aircraft components.

The Company evaluates the performance of each of the segments based on profit or loss after general and administrative expenses. While the Company believes there are synergies between the two business segments, the segments are managed separately because each requires different business strategies.

The following tables present a summary of the reportable segments (in thousands):
Three months ended September 30, 2023Leasing and 
Related Operations		Spare Parts SalesEliminationsTotal
Revenue:
Lease rent revenue$53,573 $— $— $53,573 
Maintenance reserve revenue37,696 — — 37,696 
Spare parts and equipment sales111 3,248 — 3,359 
Interest revenue2,106 — — 2,106 
Gain on sale of leased equipment773 — — 773 
Other revenue8,174 119 (55)8,238 
Total revenue102,433 3,367 (55)105,745 
Expenses:
Depreciation and amortization expense23,069 19 — 23,088 
Cost of spare parts and equipment sales3 2,021 — 2,024 
Write-down of equipment719 — — 719 
General and administrative33,117 876 — 33,993 
Technical expense6,871 — — 6,871 
Net finance costs:
Interest expense19,052 — — 19,052 
Total finance costs19,052 — — 19,052 
Total expenses82,831 2,916 — 85,747 
Income from operations$19,602 $451 $(55)$19,998 
Three months ended September 30, 2022Leasing and 
Related Operations		Spare Parts SalesEliminationsTotal
Revenue:
Lease rent revenue$39,515 $— $— $39,515 
Maintenance reserve revenue20,438 — — 20,438 
Spare parts and equipment sales520 6,446 — 6,966 
Interest revenue1,811 — — 1,811 
Gain on sale of leased equipment920 — — 920 
Other revenue6,958 315 (32)7,241 
Total revenue70,162 6,761 (32)76,891 
Expenses:
Depreciation and amortization expense22,032 27 — 22,059 
Cost of spare parts and equipment sales43 4,161 — 4,204 
Write-down of equipment654 — — 654 
General and administrative21,824 964 — 22,788 
Technical expense2,139 — — 2,139 
Net finance costs:
Interest expense16,304 — — 16,304 
Total finance costs16,304 — — 16,304 
Total expenses62,996 5,152 — 68,148 
Income from operations$7,166 $1,609 $(32)$8,743 
Nine months ended September 30, 2023Leasing and 
Related Operations		Spare Parts SalesEliminationsTotal
Revenue:
Lease rent revenue$161,209 $— $— $161,209 
Maintenance reserve revenue96,609 — — 96,609 
Spare parts and equipment sales420 12,541 — 12,961 
Interest revenue6,409 — — 6,409 
Gain on sale of leased equipment5,101 — — 5,101 
Gain on sale of financial assets— — — — 
Other revenue21,699 446 (159)21,986 
Total revenue291,447 12,987 (159)304,275 
Expenses:
Depreciation and amortization expense68,058 73 — 68,131 
Cost of spare parts and equipment sales53 9,528 — 9,581 
Write-down of equipment2,390 — — 2,390 
General and administrative102,653 2,938 — 105,591 
Technical expense14,618 — — 14,618 
Net finance costs:
Interest expense56,526 — — 56,526 
Total finance costs56,526 — — 56,526 
Total expenses244,298 12,539 — 256,837 
Income from operations$47,149 $448 $(159)$47,438 
Nine months ended September 30, 2022Leasing and 
Related Operations		Spare Parts SalesEliminationsTotal
Revenue:
Lease rent revenue$114,344 $— $— $114,344 
Maintenance reserve revenue59,517 — — 59,517 
Spare parts and equipment sales771 19,617 — 20,388 
Interest revenue5,790 — — 5,790 
Gain on sale of leased equipment3,716 — — 3,716 
Gain on sale of financial assets3,116 — — 3,116 
Other revenue16,482 549 (119)16,912 
Total revenue203,736 20,166 (119)223,783 
Expenses:
Depreciation and amortization expense65,399 81 — 65,480 
Cost of spare parts and equipment sales53 16,027 — 16,080 
Write-down of equipment21,849 — — 21,849 
General and administrative64,212 2,608 — 66,820 
Technical expense11,222 — — 11,222 
Net finance costs:
Interest expense49,209 — — 49,209 
Total finance costs49,209 — — 49,209 
Total expenses211,944 18,716 — 230,660 
(Loss) Income from operations$(8,208)$1,450 $(119)$(6,877)
Leasing and 
Related Operations		Spare Parts SalesEliminationsTotal
Total assets as of September 30, 2023$2,551,753 $50,567 $— $2,602,320 
Total assets as of December 31, 2022$2,530,130 $45,087 $— $2,575,217