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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 166,083 $ 140,882
Restricted cash and cash equivalents 5,354 14,561
Accounts receivable 27,269 18,006
Flight equipment held for lease, net of accumulated depreciation of $1,542,938 and $1,501,664, respectively 7,142,987 7,375,018
Net investment in leases, net of allowance for credit losses of $6,558 and $0, respectively 426,252 419,396
Unconsolidated equity method investments 33,470 32,974
Other assets 206,617 201,209
Total assets 8,008,032 8,202,046
LIABILITIES    
Borrowings from secured financings, net of debt issuance costs and discounts 1,012,518 1,129,345
Borrowings from unsecured financings, net of debt issuance costs and discounts 3,884,235 3,932,491
Accounts payable, accrued expenses and other liabilities 207,114 172,114
Lease rentals received in advance 107,944 108,060
Security deposits 109,663 124,954
Maintenance payments 650,369 682,398
Total liabilities 5,971,843 6,149,362
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Preference shares, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 75,076,794 shares issued and outstanding at February 29, 2020; and 75,122,129 shares issued and outstanding at December 31, 2019 751 751
Additional paid-in capital 1,456,977 1,446,664
Retained earnings 578,461 605,269
Total shareholders’ equity 2,036,189 2,052,684
Total liabilities and shareholders’ equity $ 8,008,032 $ 8,202,046