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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 155,904 $ 169,656
Accounts receivable 8,566 3,334
Restricted cash and cash equivalents 98,137 98,884
Restricted liquidity facility collateral 65,000 65,000
Flight equipment held for lease, net of accumulated depreciation of $1,306,024 and $1,294,063, respectively 5,867,062 5,579,718
Net investment in finance and sales-type leases 201,211 106,651
Unconsolidated equity method investment 50,377 46,453
Other assets 123,707 105,450
Total assets 6,569,964 6,175,146
LIABILITIES    
Borrowings from secured financings, net of debt issuance costs 1,146,238 1,373,131
Borrowings from unsecured financings, net of debt issuance costs 2,894,918 2,371,456
Accounts payable, accrued expenses and other liabilities 131,058 140,863
Lease rentals received in advance 67,327 53,216
Liquidity facility 65,000 65,000
Security deposits 115,642 117,689
Maintenance payments 370,281 333,456
Total liabilities $ 4,790,464 $ 4,454,811
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Preference shares, $.01 par value, 50,000,000 shares authorized, no shares issued and outstanding $ 0 $ 0
Common shares, $.01 par value, 250,000,000 shares authorized, 80,232,260 shares issued and outstanding at December 31, 2015; and 80,983,249 shares issued and outstanding at December 31, 2014 802 810
Additional paid-in capital 1,550,337 1,565,180
Retained earnings 241,574 192,805
Accumulated other comprehensive loss (13,213) (38,460)
Total shareholders’ equity 1,779,500 1,720,335
Total liabilities and shareholders’ equity $ 6,569,964 $ 6,175,146