Net Investment in Sales-type Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of Components of Investment in Sales-Type Leases, Net

The Company’s investment in sales-type leases consisted of the following (in thousands):

	March 31, 2024		December 31, 2023
Future minimum lease payments to be received	$	315,151	$	285,443
Estimated residual values of leased flight equipment	117,415		108,688
Less: Unearned income	(57,291)		(53,412)
Net Investment in Sales-type Leases	$	375,275	$	340,719

Schedule of Future Minimum Lease Payments to be Received on Sales-Type Lease

As of March 31, 2024, future minimum lease payments to be received on sales-type leases were as follows:

	(in thousands)
Years ending December 31,
2024 (excluding the three months ended March 31, 2024)	$	25,516
2025	34,022
2026	34,022
2027	34,022
2028	34,022
Thereafter	153,547
Total	$	315,151