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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2023
Feb. 28, 2023
ASSETS    
Cash and cash equivalents $ 136,156 $ 231,861
Accounts receivable 11,635 12,855
Flight equipment held for lease, net 6,595,518 6,567,606
Net investment in leases, net 266,630 67,694
Unconsolidated equity method investment 40,911 40,505
Other assets 305,979 346,330
Total assets 7,356,829 7,266,851
LIABILITIES    
Borrowings from secured financings, net 933,005 752,298
Borrowings from unsecured financings, net 3,720,956 3,842,454
Accounts payable, accrued expenses and other liabilities 198,941 206,473
Lease rentals received in advance 48,952 66,816
Security deposits 63,735 61,734
Maintenance payments 497,012 465,618
Total liabilities 5,462,601 5,395,393
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Preference shares, $0.01 par value, 50,000,000 shares authorized, 400 (aggregate liquidation preference of $400,000) shares issued and outstanding at May 31, 2023 and February 28, 2023 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 14,048 shares issued and outstanding at May 31, 2023 and February 28, 2023 0 0
Additional paid-in capital 1,878,774 1,878,774
Retained earnings (accumulated deficit) 15,454 (7,316)
Total shareholders’ equity 1,894,228 1,871,458
Total liabilities and shareholders’ equity $ 7,356,829 $ 7,266,851