Commitments and Contingencies

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Rent expense, primarily for the corporate office and sales and marketing facilities, was $1,601, $2,865 and $2,143 for the years ended December 31, 2019, 2018 and 2017, respectively.

As of December 31, 2019, Aircastle is obligated under non-cancelable operating leases relating principally to office facilities in Stamford, Connecticut; Dublin, Ireland; and Singapore for future minimum lease payments as follows:

Year Ending December 31,	Amount
2020	$	1,870
2021	1,901
2022	1,811
2023	1,696
2024	1,727
Thereafter	6,112
Total	$	15,117

At December 31, 2019, we had commitments to acquire 31 aircraft for $1,112,825, including 25 Embraer E2 aircraft.

Remaining commitments, including $120,887 of progress payments, contractual price escalations and other adjustments for these aircraft at December 31, 2019, net of amounts already paid, are as follows:

Year Ending December 31,	Amount
2020	$	218,916
2021	508,424
2022	192,506
2023	119,131
2024	73,848
Thereafter	—
Total	$	1,112,825

As of February 10, 2020, we have commitments to acquire 31 aircraft for $1,112,825.

As of December 31, 2019, two lawsuits related to the Merger Agreement were filed against the Company by purported shareholders. The Company has not recognized a contingent liability as a result of these lawsuits as it believes the claims asserted are without merit.