XML 72 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes (Summary of Unrecognized Tax Benefits and Temporary Differences) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Unrecognized tax benefits            
Balance at the beginning of the period   $ 191,000 $ 206,000 $ 274,000 $ 464,000  
Increases related to current year tax positions     4,000 4,000 5,000  
Decreases due to tax positions expired     (19,000) (72,000) (195,000)  
Balance at the end of the period $ 191,000   191,000 206,000 $ 274,000  
Uncertain tax positions, reserved for tax exposure in Europe 0   0 0    
Deferred tax assets:            
Unearned lease revenue 1,754,000   1,754,000 1,839,000    
State taxes 1,653,000   1,653,000 1,035,000    
Reserves and allowances 2,531,000   2,531,000 1,659,000    
Other accruals 643,000   643,000 2,501,000    
Alternative minimum tax credit       335,000    
Foreign tax credit 42,000   42,000 42,000    
Net operating loss carry forward 29,874,000   29,874,000 35,693,000    
Charitable contributions 22,000   22,000 52,000    
Total deferred tax assets 36,519,000   36,519,000 43,156,000    
Less: valuation allowance (806,000)   (806,000) (1,280,000)    
Net deferred tax assets 35,713,000   35,713,000 41,876,000    
Deferred tax liabilities:            
Depreciation and impairment on aircraft engines and equipment (114,347,000)   (114,347,000) (147,827,000)    
Other deferred tax assets (liabilities) 437,000   437,000 422,000    
Net deferred tax liabilities (113,910,000)   (113,910,000) (147,405,000)    
Other comprehensive income, deferred tax asset (83,000)   (83,000) 551,000    
Net deferred tax liabilities (78,280,000)   $ (78,280,000) $ (104,978,000)    
Valuation allowance of net operating loss           $ 1,300,000
Statutory federal income tax expense (as a percent)     35.00%      
Additional income tax benefit 39,600,000          
Provisional amount 43,600,000          
Reduction in tax expenses 4,000,000          
Scenario, Forecast [Member]            
Deferred tax liabilities:            
Statutory federal income tax expense (as a percent)   21.00%        
Federal            
Deferred tax assets:            
Alternative minimum tax credit 400,000   $ 400,000      
Deferred tax liabilities:            
Operating loss carryforwards 138,000,000   138,000,000      
Valuation allowance of net operating loss 0   $ 0      
Federal | Minimum            
Deferred tax liabilities:            
Alternative minimum tax credit period     2 years      
Federal | Maximum            
Deferred tax liabilities:            
Alternative minimum tax credit period     4 years      
State            
Deferred tax liabilities:            
Operating loss carryforwards $ 1,000,000   $ 1,000,000