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SCHEDULE II - VALUATION ACCOUNTS
12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION ACCOUNTS
WILLIS LEASE FINANCE CORPORATION AND SUBSIDIARIES
SCHEDULE II - VALUATION ACCOUNTS

(In thousands)
 Balance at
Beginning
of Period
Cumulative Effect Due to Adoption of New Accounting StandardAdditions
Charged
(Credited)
to Expense
Net
(Deductions)
Recoveries
Balance at
End of Period
Year Ended December 31, 2023
Accounts receivable, allowance for doubtful accounts and credit losses$1,511 $20 $824 $(44)$2,311 
Notes receivable, allowance for credit losses$— $58 $11 $— $69 
Investments in sales-type leases, allowance for credit losses$— $$$— $
Deferred tax valuation allowance$536 $— $442 $— $978 
Year Ended December 31, 2024
Accounts receivable, allowance for doubtful accounts and credit losses$2,311 $— $(907)$(88)$1,316 
Notes receivable, allowance for credit losses$69 $— $178 $— $247 
Investments in sales-type leases, allowance for credit losses$$— $13 $— $22 
Deferred tax valuation allowance$978 $— $2,159 $— $3,137 
Deductions in allowance for doubtful accounts and credit losses represent uncollectible accounts written off, net of recoveries.