XML 24 R11.htm IDEA: XBRL DOCUMENT v3.26.1
Net Investment in Leases, Net
3 Months Ended
May 31, 2026
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
As of both May 31, 2026 and February 28, 2026, the Company’s net investment in leases comprised 14 aircraft, with the components presented as follows:
May 31, 2026February 28, 2026
Lease receivable$114,930 $119,712 
Unguaranteed residual value of flight equipment156,901 153,472 
Net investment leases271,831 273,184 
Allowance for credit losses(5,916)(6,099)
Net investment in leases, net$265,915 $267,085 
As of May 31, 2026, future lease payments under net investment in leases were as follows:
Year Ending February 28/29,Amount
2027 (Remainder of fiscal year)$19,303 
202827,167 
202926,690 
203020,489 
203122,797 
Thereafter28,650 
Total lease payments to be received145,096 
Present value of lease payments - lease receivable(114,930)
Difference between undiscounted lease payments and lease receivable$30,166