Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2023

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, 2023 and 2022 (in thousands):

Three months ended June 30, 2023	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	54,416	$	—	$	—	$	54,416
Maintenance reserve revenue	35,415		—		—		35,415
Spare parts and equipment sales	254		4,296		—		4,550
Interest revenue	2,258		—		—		2,258
Gain on sale of leased equipment	4,461		—		—		4,461
Managed services	6,708		—		—		6,708
Other revenue	1,029		228		(69)		1,188
Total revenue	$	104,541	$	4,524	$	(69)	$	108,996

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
Interest revenue	1,865		—		—		1,865
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	39		58		(29)		68
Total revenue	$	71,303	$	6,801	$	(29)	$	78,075

Six months ended June 30, 2023	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	107,636	$	—	$	—	$	107,636
Maintenance reserve revenue	58,913		—		—		58,913
Spare parts and equipment sales	309		9,293		—		9,602
Interest revenue	4,304		—		—		4,304
Gain on sale of leased equipment	4,328		—		—		4,328
Managed services	12,240		—		—		12,240
Other revenue	1,285		326		(103)		1,508
Total revenue	$	189,015	$	9,619	$	(103)	$	198,531

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
Interest revenue	3,978		—		—		3,978
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	94		234		(87)		241
Total revenue	$	133,574	$	13,405	$	(87)	$	146,892

As of June 30, 2023 and December 31, 2022, there was $19.8 million and $6.3 million, respectively, of deferred in-substance fixed payment use fees included in “Unearned revenue.”