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Subsequent Event (Details)
2 Months Ended 3 Months Ended 7 Months Ended 10 Months Ended 12 Months Ended
Nov. 12, 2020
aircraft
Mar. 27, 2020
USD ($)
$ / shares
shares
Feb. 29, 2020
USD ($)
aircraft
$ / shares
shares
Feb. 28, 2019
USD ($)
Nov. 12, 2020
aircraft
Nov. 12, 2020
USD ($)
aircraft
Sep. 30, 2020
USD ($)
aircraft
Oct. 30, 2020
USD ($)
aircraft
NumberOfAirlines
Jul. 31, 2022
Aug. 11, 2020
Jul. 30, 2020
USD ($)
Apr. 15, 2020
USD ($)
Dec. 31, 2019
USD ($)
$ / shares
shares
Subsequent Event [Line Items]                          
Common Stock, Par or Stated Value Per Share | $ / shares     $ 0.01                   $ 0.01
Common Stock, Shares Authorized | shares     250,000,000                   250,000,000
Preferred Stock, Shares Authorized | shares     50,000,000                   50,000,000
Preferred Stock, Par or Stated Value Per Share | $ / shares     $ 0.01                   $ 0.01
Common Stock, Shares, Outstanding | shares     75,076,794                   75,122,129
Common Stock, Value, Issued     $ 751,000                   $ 751,000
Borrowings from unsecured financings, net of debt issuance costs and discounts     $ 3,884,235,000                   3,932,491,000
Committed to acquire aircraft | aircraft     30                    
Commitment to acquire Embraer E-Jet E2 aircraft | aircraft     25                    
Document Quarterly Report     false                    
Impairment of flight equipment     $ 62,657,000 $ 0                  
Revenue Recognition Leases, Operating [Policy Text Block]    
Lease Revenue Recognition
We lease flight equipment under net operating leases with lease terms typically ranging from three to seven years. We generally do not offer renewal terms or purchase options in our leases, although certain of our operating leases allow the lessee the option to extend the lease for an additional term. Operating leases with fixed rentals and step rentals are recognized on a straight-line basis over the term of the initial lease, assuming no renewals. Operating lease rentals that adjust based on a London Interbank Offered Rate (“LIBOR”) index are recognized on a straight-line basis over the lease term using the prevailing rate at lease commencement. Changes to rate-based lease rentals are recognized in the statements of income in the period of change. Revenue is not recognized when collection is not probable. When collectability is not probable, the customer is placed on non-accrual status, and revenue is recognized when cash payments are received.
In certain instances, we may provide lease concessions to customers, generally in the form of lease rental deferrals. While these deferral arrangements affect the timing of lease rental payments, the total amount of lease rental payments required over the lease term is generally the same as that which was required under the original lease agreement. We
account for the deferrals as if no modifications to the lease agreements were made and record the deferred rentals as a receivable within Other assets in our consolidated balance sheet. We continue to recognize lease rental revenue for such receivables to the extent collectability is probable.
The COVID-19 virus has had an unprecedented negative impact on the global economy, and in particular on the aviation sector. Since March 2020, there has been a dramatic slowdown in air traffic, with many markets in near complete shutdown. According to IATA, air travel is down to approximately 20% of normal levels and a recovery to pre-pandemic levels is not expected for several years. Substantially all of the world’s airlines are experiencing financial difficulties and liquidity challenges. While we believe the long-term demand for air travel will return to historical trends over time, the near-term impacts of the COVID-19 virus’ economic shock are material; the extent and duration of which cannot currently be determined.
Airlines have been seeking to preserve liquidity through a combination of requesting government support, raising debt and equity, delaying or canceling new aircraft orders, furloughing employees, as well as requesting deferrals from lessors. We have agreed to defer near-term lease payments with certain of our airline customers, which they are obliged to repay over time. As of October 30, 2020, we have agreed to defer approximately $101,000 in near-term lease payments with 40 airlines, including $9,594 that appear in our Consolidated Balance Sheet as components of Accounts receivable or Other assets. If air traffic remains depressed over an extended period and if our customers are unable to obtain sufficient funds from private, governmental or other sources, we may need to extend further deferrals to some of our other customers or to extend the deferrals we have already made. We may ultimately not be able to collect all the amounts we have deferred.
                   
Maintenance revenue                          
Subsequent Event [Line Items]                          
Revenue from Contract with Customer, Excluding Assessed Tax     $ 41,214,000 $ 1,877,000                  
Revolving Credit Facility | Line of Credit                          
Subsequent Event [Line Items]                          
Borrowings from unsecured financings, net of debt issuance costs and discounts                         150,000,000
Senior Notes Due 2020 | Senior Notes                          
Subsequent Event [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage     7.625%                    
Borrowings from unsecured financings, net of debt issuance costs and discounts     $ 300,000,000                   $ 300,000,000
Subsequent Event                          
Subsequent Event [Line Items]                          
Business Acquisition, Share Price | $ / shares   $ 32.00                      
Number of Airlines | NumberOfAirlines               40          
Deferred Lease Income, Current               $ 101,000,000          
IATA estimated percentage of normal air traffic               20.00%          
Common Stock, Par or Stated Value Per Share | $ / shares   $ 0.01                      
Common Stock, Shares Authorized | shares   250,000,000                      
Preferred Stock, Shares Authorized | shares   50,000,000                      
Preferred Stock, Par or Stated Value Per Share | $ / shares   $ 0.01                      
Proceeds from Contributions from Parent   $ 25,536,000                      
Common Stock, Shares, Outstanding | shares   14,048                      
Common Stock, Value, Issued   $ 0.14048                      
Total par value of authorized common and preferred shares   3,000,000                      
Committed to acquire aircraft | aircraft 18       18 18   27          
Commitment to acquire Embraer E-Jet E2 aircraft | aircraft 15             11          
Number of Aircraft Impaired | aircraft             18            
Subsequent Event | Transactional [Member] | Lease expirations and early lease terminations [Member]                          
Subsequent Event [Line Items]                          
Impairment of flight equipment             $ 298,847,000            
Subsequent Event | Maintenance revenue | Lease expirations and early lease terminations [Member]                          
Subsequent Event [Line Items]                          
Revenue from Contract with Customer, Excluding Assessed Tax             93,483,000            
Subsequent Event | security deposit [Member] | Lease expirations and early lease terminations [Member]                          
Subsequent Event [Line Items]                          
Revenue from Contract with Customer, Excluding Assessed Tax             $ 12,990,000            
Subsequent Event | Senior Notes Due 2020 | Senior Notes                          
Subsequent Event [Line Items]                          
Debt Instrument, Interest Rate, Stated Percentage                       7.625%  
Unsecured Debt, Current                       $ 300,000,000  
Subsequent Event | Mizuho Bank Ltd. (2020) Unsecured Revolving Credit Facility [Member] | Revolving Credit Facility | Line of Credit                          
Subsequent Event [Line Items]                          
Line of Credit Facility, Current Borrowing Capacity                     $ 150,000,000    
Line of Credit Facility, Extension Option                 1 year        
Subsequent Event | Mizuho Bank Ltd. (2020) Unsecured Revolving Credit Facility [Member] | Revolving Credit Facility | Line of Credit | London Interbank Offered Rate (LIBOR) [Member]                          
Subsequent Event [Line Items]                          
Debt Instrument, Basis Spread on Variable Rate         2.00%                
Subsequent Event | Mizuho Bank Ltd. (2020) Unsecured Revolving Credit Facility [Member] | Revolving Credit Facility | Line of Credit | Base Rate [Member]                          
Subsequent Event [Line Items]                          
Debt Instrument, Basis Spread on Variable Rate         1.00%                
Subsequent Event | Senior 5.25% Senior Notes due 2025 [Member] | Senior Notes                          
Subsequent Event [Line Items]                          
Proceeds from Issuance of Unsecured Debt           $ 650,000,000              
Debt Instrument, Interest Rate, Stated Percentage                   5.25%      
Debt Instrument, Redemption Price, Percentage           99.057%              
Subsequent Event | Restricted Stock Units (RSUs)                          
Subsequent Event [Line Items]                          
Payments for Unvested equity based instruments on Merger Date   $ 4,063,000                      
Subsequent Event | AROE&TSRPerformanceBasedShares                          
Subsequent Event [Line Items]                          
Number of non-vested equity instruments purchased on Merger Date | shares   671,030                      
Payments for Unvested equity based instruments on Merger Date   $ 21,473,000                      
Subsequent Event | Number of Restricted Stock Awards and Restricted Stock Unit                          
Subsequent Event [Line Items]                          
Number of non-vested equity instruments purchased on Merger Date | shares   126,971                      
Subsequent Event | wide-body [Member]                          
Subsequent Event [Line Items]                          
Number of Aircraft Impaired | aircraft             5            
Subsequent Event | Narrow-body [Member]                          
Subsequent Event [Line Items]                          
Number of Aircraft Impaired | aircraft             13