XML 41 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of obligations uner non-cancelable operating leases
Minimum future annual lease rentals contracted to be received under our existing operating leases of flight equipment at June 30, 2020 were as follows:
Year Ending December 31,
 
Amount(1)
Remainder of 2020
 
$
391,123

2021
 
665,509

2022
 
582,359

2023
 
502,207

2024
 
390,977

Thereafter
 
460,916

Total
 
$
2,993,091


As of June 30, 2020, 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
Remainder of 2020
 
$
924

2021
 
1,892

2022
 
1,806

2023
 
1,696

2024
 
1,727

Thereafter
 
6,113

Total
 
$
14,158


Long-term Purchase Commitment
Commitments, including $109,855 of remaining progress payments, contractual price escalations and other adjustments for these aircraft, at June 30, 2020, net of amounts already paid, are as follows:
Year Ending December 31,
 
Amount(1)
Remainder of 2020
 
$
104,611

2021
 
352,453

2022
 
336,473

2023
 
155,037

2024
 
73,848

 
 
 
Total
 
$
1,022,422