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Equipment Held for Operating Lease (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of geographic information about the entity's leased aircraft equipment grouped by domicile of the lessee The tables below set forth geographic information about the leased equipment grouped by domicile of the lessee (which is not necessarily indicative of the asset’s actual location):
Years Ended December 31,
Lease rent revenue20212020
Region(in thousands)
United States$61,947 $33,291 
Europe30,299 57,972 
Asia26,587 32,198 
South America11,338 11,686 
Mexico2,461 3,670 
Canada1,245 2,011 
Middle East954 2,067 
Totals$134,831 $142,895 
Schedule of lease status of the equipment held for operating lease
As of December 31,
Net book value of equipment held for operating lease20212020
Region(in thousands)
Europe$479,921 $460,664 
United States425,822 362,471 
Asia365,831 324,946 
Mexico163,526 168,593 
South America111,941 104,671 
Canada55,109 8,500 
Middle East22,320 47,899 
Off-lease and other366,898 408,869 
Totals$1,991,368 $1,886,613 
As of December 31, 2021, the lease status of the equipment held for operating lease (in thousands) was as follows:
Lease TermNet Book Value
Off-lease and other$366,898 
Month-to-month leases206,813 
Leases expiring 2022776,831 
Leases expiring 2023311,814 
Leases expiring 2024147,450 
Leases expiring 202530,558 
Leases expiring 202626,000 
Leases expiring thereafter125,004 
$1,991,368 
Schedule of minimum future payments under non-cancelable leases
As of December 31, 2021, minimum future payments under non-cancelable leases were as follows:
Year(in thousands)
2022$111,643 
202346,447 
202422,412 
20259,306 
20266,177 
Thereafter27,179 
$223,164