Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Revenue from Contracts with Customers

The following tables disaggregate revenue by major source for the three and six months ended June 30, 2022 and 2021 (in thousands):

Three months ended June 30, 2022	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	36,704	$	—	$	—	$	36,704
Maintenance reserve revenue	24,245		—		—		24,245
Spare parts and equipment sales	49		6,743		—		6,792
Gain on sale of leased equipment	498		—		—		498
Gain on sale of financial assets	3,116		—		—		3,116
Managed services	4,787		—		—		4,787
Other revenue	1,904		58		(29)		1,933
Total revenue	$	71,303	$	6,801	$	(29)	$	78,075

Three Months Ended June 30, 2021	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	32,431	$	—	$	—	$	32,431
Maintenance reserve revenue	17,278		—		—		17,278
Spare parts and equipment sales	84		3,375		110		3,569
Managed services	3,247		—		—		3,247
Asset transition fee (1)	6,256		—		—		6,256
Other revenue	3,669		41		(19)		3,691
Total revenue	$	62,965	$	3,416	$	91	$	66,472

Six months ended June 30, 2022	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	74,829	$	—	$	—	$	74,829
Maintenance reserve revenue	39,079		—		—		39,079
Spare parts and equipment sales	251		13,171		—		13,422
Gain on sale of leased equipment	2,796		—		—		2,796
Gain on sale of financial assets	3,116		—		—		3,116
Managed services	9,431		—		—		9,431
Other revenue	4,072		234		(87)		4,219
Total revenue	$	133,574	$	13,405	$	(87)	$	146,892

Six months ended June 30, 2021	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	63,951	$	—	$	—	$	63,951
Maintenance reserve revenue	37,090		—		—		37,090
Spare parts and equipment sales	169		7,966		—		8,135
Managed services	5,515		—		—		5,515
Asset transition fee (1)	6,256		—		—		6,256
Other revenue	6,607		97		(54)		6,650
Total revenue	$	119,588	$	8,063	$	(54)	$	127,597

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(1)Asset transition fee reflects the settlement received from the close out of an engine transition program.