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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS:    
Leasing equipment, net of accumulated depreciation of $4,776,458 and $4,482,185 $ 8,639,136 $ 8,768,917
Net investment in finance leases 1,585,812 1,507,292
Equipment held for sale 101,696 185,502
Revenue earning assets 10,326,644 10,461,711
Cash and cash equivalents 58,227 57,776
Restricted cash 111,489 91,450
Accounts receivable, net of allowances of $1,317 and $738 232,420 243,443
Goodwill 236,665 236,665
Other assets 33,782 46,217
Fair value of derivative instruments 104,176 95,606
Total assets 11,103,403 11,232,868
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Equipment purchases payable 4,855 31,597
Fair value of derivative instruments 697 1,827
Deferred revenue 184,760 259,023
Accounts payable and other accrued expenses 87,694 116,888
Net deferred income tax liability 410,524 415,901
Debt, net of unamortized costs of $48,743 and $43,924 7,605,720 7,470,634
Total liabilities 8,294,250 8,295,870
Shareholders' equity:    
Undesignated shares, $0.01 par value, 20,800,000 and 800,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital (deficit) (304,274) (308,114)
Accumulated earnings 2,289,072 2,428,531
Accumulated other comprehensive income (loss) 93,343 85,569
Total shareholders' equity 2,809,153 2,936,998
Total liabilities and shareholders' equity 11,103,403 11,232,868
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, 250,000,000 and 270,000,000 shares authorized, 101,158,891 shares issued and outstanding $ 1,012 $ 1,012