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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 319,032 $ 140,882
Restricted cash and cash equivalents 5,354 14,561
Accounts receivable 76,255 18,006
Flight equipment held for lease, net of accumulated depreciation of $1,803,936 and $1,501,664, respectively 6,866,811 7,375,018
Net investment in leases, net of allowance for credit losses of $2,972 and $0, respectively 319,531 419,396
Unconsolidated equity method investments 34,450 32,974
Other assets 257,047 201,209
Total assets 7,878,480 8,202,046
LIABILITIES    
Borrowings from secured financings, net of debt issuance costs and discounts 974,167 1,129,345
Borrowings from unsecured financings, net of debt issuance costs and discounts 4,137,590 3,932,491
Accounts payable, accrued expenses and other liabilities 158,785 172,114
Lease rentals received in advance 77,444 108,060
Security deposits 91,649 124,954
Maintenance payments 603,232 682,398
Total liabilities 6,042,867 6,149,362
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Common shares, $0.01 par value, 250,000,000 shares authorized, 14,048 shares issued and outstanding at June 30, 2020; and 75,122,129 shares issued and outstanding at December 31, 2019 0 751
Additional paid-in capital 1,485,777 1,446,664
Retained earnings 349,836 605,269
Total shareholders’ equity 1,835,613 2,052,684
Total liabilities and shareholders’ equity $ 7,878,480 $ 8,202,046