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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS:    
Leasing equipment, net of accumulated depreciation of $4,418,934 and $4,289,259 $ 8,908,586 $ 9,530,396
Net investment in finance leases 1,533,559 1,639,831
Equipment held for sale 189,614 138,506
Revenue earning assets 10,631,759 11,308,733
Cash and cash equivalents 55,000 83,227
Restricted cash 95,747 103,082
Accounts receivable, net of allowances of $2,261 and $2,075 256,744 226,554
Goodwill 236,665 236,665
Lease intangibles, net of accumulated amortization of $295,618 and $291,837 2,839 6,620
Other assets 47,440 28,383
Fair value of derivative instruments 144,004 115,994
Total assets 11,470,198 12,109,258
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Equipment purchases payable 9,121 11,817
Fair value of derivative instruments 1,682 2,117
Deferred revenue 278,933 333,260
Accounts payable and other accrued expenses 121,064 71,253
Net deferred income tax liability 409,052 411,628
Debt, net of unamortized costs of $47,680 and $55,863 7,764,997 8,074,820
Total liabilities 8,584,849 8,904,895
Shareholders' equity:    
Undesignated shares, $0.01 par value, 800,000 shares authorized, no shares issued and outstanding 0 0
Treasury shares, at cost, 0 and 24,494,785 shares, respectively 0 (1,077,559)
Additional paid-in capital (308,114) 909,911
Accumulated earnings 2,329,301 2,531,928
Accumulated other comprehensive income (loss) 133,150 109,269
Total shareholders' equity 2,885,349 3,204,363
Total liabilities and shareholders' equity 11,470,198 12,109,258
Preferred Shares    
Shareholders' equity:    
Preferred shares, $0.01 par value, at liquidation preference 730,000 730,000
Designated Common Stock    
Shareholders' equity:    
Common shares, $0.01 par value, 270,000,000 shares authorized, 101,158,891 and 81,383,024 shares issued, respectively $ 1,012 $ 814