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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 361,276 $ 581,714
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 436,753 480,176
Amortization of deferred debt cost and other debt related amortization 6,008 9,181
Lease related amortization 4,078 8,674
Share-based compensation expense 7,305 9,414
Net (gain) loss on sale of leasing equipment (49,401) (90,509)
Unrealized (gain) loss on derivative instruments (8) (320)
Debt termination expense 0 1,853
Deferred income taxes (1,022) 19,633
Changes in operating assets and liabilities:    
Accounts receivable, net (32,179) (11,542)
Deferred revenue (54,327) 274,981
Change in share-based awards liability 18,765 0
Accounts payable and other accrued expenses 9,875 812
Equipment sold (purchased) for resale activity 15,101 7,297
Cash received (paid) for settlement of interest rate swaps 0 19,026
Cash collections on finance lease receivables, net of income earned 143,826 107,633
Other assets (3,096) 20,239
Net cash provided by (used in) operating activities 862,954 1,438,262
Cash flows from investing activities:    
Purchases of leasing equipment and investments in finance leases (151,361) (889,811)
Proceeds from sale of equipment, net of selling costs 272,633 217,832
Other (133) (716)
Net cash provided by (used in) investing activities 121,139 (672,695)
Cash flows from financing activities:    
Purchases of treasury shares (129,776) (375,026)
Debt issuance costs (3,008) (8,523)
Borrowings under debt facilities 1,570,000 1,802,600
Payments under debt facilities and finance lease obligations (1,888,800) (2,081,274)
Dividends paid on preferred shares (39,084) (39,084)
Dividends paid on common shares (115,552) (122,151)
Return of capital to Parent (407,632) 0
Other (5,803) (5,629)
Net cash provided by (used in) financing activities (1,019,655) (829,087)
Net increase (decrease) in cash, cash equivalents and restricted cash (35,562) (63,520)
Cash, cash equivalents and restricted cash, beginning of period 186,309 230,538
Cash, cash equivalents and restricted cash, end of period 150,747 167,018
Supplemental disclosures:    
Interest paid 167,980 148,568
Income taxes paid (refunded) 39,285 27,579
Right-of-use assets obtained in exchange for new operating lease liabilities 9,102 210
Non-cash investing activities:    
Equipment purchases payable $ 9,121 $ 19,450