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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
Feb. 28, 2023
ASSETS    
Cash and cash equivalents $ 129,977 $ 231,861
Restricted Cash and Cash Equivalents 0 0
Accounts receivable 12,518 12,855
Flight equipment held for lease, net 6,940,502 6,567,606
Net investment in leases, net 282,439 67,694
Unconsolidated equity method investment 42,710 40,505
Other assets 271,807 346,330
Total assets 7,679,953 7,266,851
LIABILITIES    
Borrowings from secured financings, net 875,397 752,298
Borrowings from unsecured financings, net 3,823,099 3,842,454
Accounts payable, accrued expenses and other liabilities 219,588 206,473
Lease rentals received in advance 52,654 66,816
Security deposits 69,544 61,734
Maintenance payments 505,897 465,618
Total liabilities 5,546,179 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 February 29, 2024 and February 28, 2023 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 15,564 and $14,048 shares issued and outstanding at February 29, 2024 and February 28, 2023, respectively 0 0
Additional paid-in capital 2,078,774 1,878,774
Retained earnings (accumulated deficit) 55,000 (7,316)
Total shareholders’ equity 2,133,774 1,871,458
Total liabilities and shareholders’ equity $ 7,679,953 $ 7,266,851