XML 40 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
Notes Payable (Details) - USD ($)
$ in Thousands
6 Months Ended
Apr. 20, 2016
Jun. 30, 2016
Jun. 30, 2015
Apr. 19, 2016
Dec. 31, 2015
Principal outstanding repayable          
2016   $ 11,480      
2017   23,624      
2018   33,294      
2019   23,430      
2020   23,031      
Thereafter   776,324      
Notes payable   891,183     $ 878,684
Notes payable   891,183     878,684
Less: unamortized debt issuance costs   (14,477)     (12,595)
Total notes payable   876,706     866,089
Notes payable   876,706     $ 866,089
Net proceeds received from notes issued and sold   $ 55,000 $ 118,700    
WEST II Series 2012-A term notes payable at a fixed rate of interest maturing in September 2037. Secured by engines | WEST II          
Long Term Debt          
Fixed rate (as a percent)   5.50%     5.50%
Principal outstanding repayable          
Notes payable   $ 289,488     $ 300,467
Notes payable   289,488     300,467
Note payable at fixed interest rates ranging from 2.60% to 2.97%, maturing in July 2024. Secured by an aircraft          
Principal outstanding repayable          
Notes payable   15,300     16,135
Notes payable   $ 15,300     16,135
Note payable at fixed interest rates ranging from 2.60% to 2.97%, maturing in July 2024. Secured by an aircraft | Minimum          
Long Term Debt          
Fixed rate (as a percent)   2.60%      
Note payable at fixed interest rates ranging from 2.60% to 2.97%, maturing in July 2024. Secured by an aircraft | Maximum          
Long Term Debt          
Fixed rate (as a percent)   2.97%      
Note payable at a fixed interest rate of 2.25%, maturing in January 2018, secured by engines          
Principal outstanding repayable          
Notes payable   $ 12,395     13,082
Notes payable   $ 12,395     13,082
Note payable at a fixed interest rate of 2.25%, maturing in January 2018, secured by engines | LIBOR          
Long Term Debt          
Basis spread on variable rate (as a percent)   2.25%      
Revolving credit facility          
Long Term Debt          
Basis spread on variable rate (as a percent) 2.75%        
Maximum borrowing capacity under credit facility $ 890,000     $ 700,000  
Amount of debt available under accordion feature $ 1,000,000        
Credit facility at a floating rate of interest of LIBOR plus 2.75%, secured by engines          
Long Term Debt          
Maximum borrowing capacity under credit facility   $ 890,000      
Principal outstanding repayable          
Notes payable   574,000     549,000
Notes payable   $ 574,000     $ 549,000
Credit facility at a floating rate of interest of LIBOR plus 2.75%, secured by engines | LIBOR          
Long Term Debt          
Basis spread on variable rate (as a percent)   2.75%