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CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Rental of flight equipment $ 2,487,955 $ 2,477,607 $ 2,214,508
Aircraft sales, trading, and other $ 245,702 $ 207,370 $ 102,794
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member]
Total revenues $ 2,733,657 $ 2,684,977 $ 2,317,302
Expenses      
Interest 781,996 654,910 492,924
Amortization of debt discounts and issuance costs 54,823 54,053 53,254
Interest expense 836,819 708,963 546,178
Depreciation of flight equipment 1,143,761 1,068,772 965,955
Write-off of Russian fleet, net of (recoveries) 0 (67,022) 771,476
Selling, general, and administrative 185,933 186,015 156,855
Stock-based compensation expense 33,887 34,615 15,603
Total expenses 2,200,400 1,931,343 2,456,067
Income/(loss) before taxes 533,257 753,634 (138,765)
Income tax (expense)/benefit (105,553) (139,012) 41,741
Net income/(loss) 427,704 614,622 (97,024)
Preferred stock dividends (55,631) (41,700) (41,700)
Net income/(loss) attributable to common stockholders, basic 372,073 572,922 (138,724)
Net income/(loss) attributable to common stockholders, diluted 372,073 572,922 (138,724)
Other Comprehensive Income/(Loss):      
Foreign currency translation adjustment 82,952 (20,197) 21,943
Change in fair value of hedged transactions (59,850) 19,460 (16,647)
Total tax benefit/(expense) on other comprehensive income/loss (5,304) 157 (1,133)
Other comprehensive income/(loss), net of tax 17,798 (580) 4,163
Total comprehensive income/(loss) attributable for common stockholders $ 389,871 $ 572,342 $ (134,561)
Earnings/(loss) per share of common stock:      
Basic (in dollars per share) $ 3.34 $ 5.16 $ (1.24)
Diluted (in dollars per share) $ 3.33 $ 5.14 $ (1.24)
Weighted-average shares of common stock outstanding      
Basic (in shares) 111,325,481 111,005,088 111,626,508
Diluted (in shares) 111,869,386 111,438,589 111,626,508
Dividends declared per share of common stock (in dollars per share) $ 0.85 $ 0.81 $ 0.755