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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net income $ 131,564 $ 92,110
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of flight equipment 204,457 154,805
Stock-based compensation 17,839 24,548
Deferred taxes 71,307 50,573
Amortization of discounts and deferred debt issue costs 16,571 11,553
Changes in operating assets and liabilities:    
Other assets 7,917 (20,114)
Accrued interest and other payables 30,679 48,085
Rentals received in advance 12,452 10,936
Net cash provided by operating activities 492,786 372,496
Investing Activities    
Acquisition of flight equipment under operating lease (955,587) (1,651,831)
Payments for deposits on flight equipment purchases (631,758) (185,373)
Acquisition of furnishings, equipment and other assets (80,226) (71,484)
Net cash used in investing activities (1,667,571) (1,908,688)
Financing Activities    
Issuance of common stock   43
Cash dividends paid (5,065)  
Tax withholdings related to vesting of restricted stock units (13,609) (7,312)
Net change in unsecured revolving facilities 819,000 (28,000)
Proceeds from debt financings 615,871 2,042,389
Payments in reduction of debt financings (355,975) (344,912)
Restricted cash 20,791 (15,627)
Debt issue costs (29,020) (39,487)
Security deposits and maintenance reserve receipts 135,611 108,968
Security deposits and maintenance reserve disbursements (21,228) (21,994)
Net cash provided by financing activities 1,166,376 1,694,068
Net increase/(decrease) in cash (8,409) 157,876
Cash and cash equivalents at beginning of period 230,089 281,805
Cash and cash equivalents at end of period 221,680 439,681
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $23,124 and $13,698 for the nine months ended September 30, 2013 and 2012 129,463 68,307
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest, deposits on flight equipment purchases and seller financing applied to acquisition of flight equipment 245,414 136,850
Cash dividends declared, not yet paid $ 2,544