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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net income $ 39,996 $ 26,927
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of flight equipment 63,863 44,336
Stock-based compensation 6,775 8,217
Deferred taxes 21,676 14,679
Amortization of discounts and deferred debt issue costs 5,210 2,867
Changes in operating assets and liabilities:    
Other assets 6,739 (7,658)
Accrued interest and other payables 11,048 7,529
Rentals received in advance 5,834 4,625
Net cash provided by operating activities 161,141 101,522
Investing Activities    
Acquisition of flight equipment under operating lease (323,431) (458,710)
Payments for deposits on flight equipment purchases (299,029) (104,006)
Acquisition of furnishings, equipment and other assets (36,708) (35,113)
Net cash used in investing activities (659,168) (597,829)
Financing Activities    
Cash dividends paid (2,532)  
Tax witholdings related to vesting of restricted stock units (1,742)  
Net change in unsecured revolving facilities 25,000 (245,500)
Proceeds from debt financings 551,030 1,465,949
Payments in reduction of debt financings (99,953) (178,433)
Restricted cash (4,251) (16,220)
Debt issue costs (10,760) (23,291)
Security deposits and maintenance reserve receipts 40,333 26,703
Security deposits and maintenance reserve disbursements (11,564) (11,440)
Net cash provided by financing activities 485,561 1,017,768
Net (decrease) increase in cash (12,466) 521,461
Cash and cash equivalents at beginning of period 230,089 281,805
Cash and cash equivalents at end of period 217,623 803,266
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $6,899 and $3,949 at March 31, 2013 and 2012 30,600 17,408
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest, deposits on flight equipment purchases and seller financing applied to acquisition of flight equipment $ 108,493 $ 105,590