Net Investment in Leases, Net (Tables)

9 Months Ended

Nov. 30, 2024

Leases [Abstract]

Schedule of Components of Net Investment in Leases

The components of our net investment in leases at November 30, 2024 and February 29, 2024, were as follows:

	November 30, 2024		February 29, 2024
Lease receivable	$	125,472	$	142,983
Unguaranteed residual value of flight equipment	140,038		147,170
Net investment leases	265,510		290,153
Allowance for credit losses	(6,871)		(7,714)
Net investment in leases, net	$	258,639	$	282,439

Schedule of Future Lease Payments to be Received

At November 30, 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)	$	5,650
2026	16,589
2027	25,260
2028	26,263
2029	25,994
Thereafter	65,143
Total lease payments to be received	164,899
Present value of lease payments - lease receivable	(125,472)
Difference between undiscounted lease payments and lease receivable	$	39,427