Net Investment in Leases, Net (Tables)

6 Months Ended

Aug. 31, 2024

Leases [Abstract]

Schedule of Components of Net Investment in Leases

The components of our net investment in leases at August 31, 2024 and February 29, 2024, were as follows:

	August 31, 2024		February 29, 2024
Lease receivable	$	133,839	$	142,983
Unguaranteed residual value of flight equipment	151,914		147,170
Net investment leases	285,753		290,153
Allowance for credit losses	(7,483)		(7,714)
Net investment in leases, net	$	278,270	$	282,439

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

At August 31, 2024, future lease payments to be received under our net investment in leases were as follows:

Year Ending February 28/29,	Amount
2025 (Remainder of fiscal year)	$	14,016
2026	17,262
2027	26,160
2028	27,163
2029	26,716
Thereafter	65,194
Total lease payments to be received	176,511
Present value of lease payments - lease receivable	(133,839)
Difference between undiscounted lease payments and lease receivable	$	42,672