Interest, Net (Tables)

12 Months Ended

Dec. 31, 2019

Interest Income (Expense), Net [Abstract]

Components of interest

The following table shows the components of interest, net for the years ended December 31, 2019, 2018 and 2017:

	Year Ended December 31,
	2019			2018			2017
Interest on borrowings, net settlements on interest rate derivatives, and other liabilities(1)	$	245,673		$	221,987		$	223,260
Amortization of deferred losses related to interest rate derivatives	184			1,166			2,202
Amortization of deferred financing fees and debt discount(2)	14,578			14,627			19,435
Interest expense	260,435			237,780			244,897
Less: Interest income	(2,365		)	(2,943		)	(3,411		)
Less: Capitalized interest	—			(333		)	(255		)
Interest, net	$	258,070		$	234,504		$	241,231

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(1) Included a loan termination gain of $838 related to the sale of aircraft during the year ended December 31, 2018.

(2)

Included $172 and $300 in deferred financing fees written off related to the sale of aircraft during the years ended December 31, 2019 and 2018, respectively.