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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 581,714 $ 339,787
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 480,176 460,856
Amortization of deferred debt cost and other debt related amortization 9,181 7,872
Lease related amortization 8,674 13,703
Share-based compensation expense 9,414 7,259
Net (gain) loss on sale of leasing equipment (90,509) (78,964)
Unrealized (gain) loss on derivative instruments (320) 0
Debt termination expense 1,853 132,523
Deferred income taxes 19,633 36,073
Changes in operating assets and liabilities:    
Accounts receivable (11,542) (63,919)
Deferred revenue 274,981 63,944
Accounts payable and other accrued expenses 812 (9,098)
Net equipment sold (purchased) for resale activity 7,297 4,938
Cash received (paid) for settlement of interest rate swaps 19,026 5,481
Cash collections on finance lease receivables, net of income earned 107,633 49,170
Other assets 20,239 17,294
Net cash provided by (used in) operating activities 1,438,262 986,919
Cash flows from investing activities:    
Purchases of leasing equipment and investments in finance leases (889,811) (2,791,943)
Proceeds from sale of equipment, net of selling costs 217,832 165,066
Other (716) 0
Net cash provided by (used in) investing activities (672,695) (2,626,877)
Cash flows from financing activities:    
Issuance of preferred shares, net of underwriting discount 0 169,488
Purchases of treasury shares (375,026) (16,757)
Debt issuance costs (8,523) (35,996)
Borrowings under debt facilities 1,802,600 7,713,006
Payments under debt facilities and finance lease obligations (2,081,274) (5,981,155)
Dividends paid on preferred shares (39,084) (32,293)
Dividends paid on common shares (122,151) (114,484)
Other (5,629) (4,478)
Net cash provided by (used in) financing activities (829,087) 1,697,331
Net increase (decrease) in cash, cash equivalents and restricted cash (63,520) 57,373
Cash, cash equivalents and restricted cash, beginning of period 230,538 151,996
Cash, cash equivalents and restricted cash, end of period 167,018 209,369
Supplemental disclosures:    
Interest paid 148,568 153,812
Income taxes paid (refunded) 27,579 4,639
Right-of-use asset for leased property 210 1,598
Supplemental non-cash investing activities:    
Equipment purchases payable $ 19,450 $ 406,510