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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Statement of Cash Flows [Abstract]    
Net income (loss) $ 339,787 $ 204,082
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 460,856 402,235
Amortization of deferred debt cost and other debt related amortization 7,872 10,789
Lease related amortization 13,703 18,358
Share-based compensation expense 7,259 7,919
Net (gain) loss on sale of leasing equipment (78,964) (19,351)
Unrealized (gain) loss on derivative instruments 0 286
Debt termination expense 132,523 24,376
Deferred income taxes 36,073 28,441
Changes in operating assets and liabilities:    
Accounts receivable (63,919) (7,325)
Deferred revenue 63,944 640
Accounts payable and other accrued expenses (9,098) (8,832)
Net equipment sold (purchased) for resale activity 4,938 5,185
Cash received (paid) for settlement of interest rate swaps 5,481 0
Cash collections on finance lease receivables, net of income earned 49,170 60,273
Other assets 17,294 (44,735)
Net cash provided by (used in) operating activities 986,919 682,341
Cash flows from investing activities:    
Purchases of leasing equipment and investments in finance leases (2,791,943) (354,425)
Proceeds from sale of equipment, net of selling costs 165,066 182,819
Other 0 (183)
Net cash provided by (used in) investing activities (2,626,877) (171,789)
Cash flows from financing activities:    
Issuance of preferred shares, net of underwriting discount 169,488 145,275
Purchases of treasury shares (16,757) (107,186)
Redemption of common shares for withholding taxes (4,146) (2,156)
Debt issuance costs (35,996) (22,588)
Borrowings under debt facilities 7,713,006 3,297,445
Payments under debt facilities and finance lease obligations (5,981,155) (3,514,140)
Dividends paid on preferred shares (32,293) (30,420)
Dividends paid on common shares (114,484) (108,421)
Other (332) (590)
Net cash provided by (used in) financing activities 1,697,331 (342,781)
Net increase (decrease) in cash, cash equivalents and restricted cash 57,373 167,771
Cash, cash equivalents and restricted cash, beginning of period 151,996 168,972
Cash, cash equivalents and restricted cash, end of period 209,369 336,743
Supplemental non-cash investing activities:    
Interest paid 153,812 181,576
Income taxes paid (refunded) 4,639 440
Right-of-use asset for leased property 1,598 196
Equipment purchases payable $ 406,510 $ 96,798