Net Investment in Sales-type Leases (Tables)

6 Months Ended

Jun. 30, 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):

	June 30, 2024		December 31, 2023
Future minimum lease payments to be received	$	306,646	$	285,443
Estimated residual values of leased flight equipment	116,603		108,688
Less: Unearned income	(55,005)		(53,412)
Net Investment in Sales-type Leases	$	368,244	$	340,719

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

As of June 30, 2024, future minimum lease payments to be received on sales-type leases were as follows:

	(in thousands)
Years ending December 31,
2024 (excluding the six months ended June 30, 2024)	$	17,010
2025	34,022
2026	34,022
2027	34,022
2028	34,022
Thereafter	153,548
Total	$	306,646