Net Investment in Finance Leases

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Net Investment in Finance Leases

Net Investment in Direct Financing and Sales-Type Leases

At June 30, 2019, our net investment in direct financing and sales-type leases consisted of 31 aircraft. The following table lists the components of our net investment in direct financing and sales-type leases at June 30, 2019:

	Amount
Total lease payments to be received	$	254,058
Less: Unearned income	(121,263		)
Estimated residual values of leased flight equipment (unguaranteed)	368,123
Net investment in direct financing and sales-type leases	$	500,918

At June 30, 2019, minimum future lease payments on direct financing and sales-type leases are as follows:

Year Ending December 31,	Amount
Remainder of 2019	$	34,860
2020	67,035
2021	52,597
2022	42,100
2023	33,093
Thereafter	24,373
Total lease payments to be received	$	254,058