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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Total revenues $ 292,718 $ 91,691
Expenses    
Cost of sales 145,670 9,050
Operating expenses 22,534 61,799
General and administrative 4,067 4,561
Acquisition and transaction expenses 3,262 2,273
Management fees and incentive allocation to affiliate 2,997 3
Depreciation and amortization 40,926 41,305
Asset impairment 1,220 122,790
Interest expense 39,292 44,139
Total expenses 259,968 285,920
Other income (expense)    
Equity in (losses) earnings of unconsolidated entities (1,335) 198
Gain on sale of assets, net 0 16,288
Other income 8 128
Total other (expense) income (1,327) 16,614
Income (loss) from continuing operations before income taxes 31,423 (177,615)
Provision for income taxes 2,026 1,339
Net income (loss) from continuing operations 29,397 (178,954)
Net loss from discontinued operations, net of income taxes 0 (50,705)
Net income (loss) 29,397 (229,659)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries:    
Continuing operations 0 0
Discontinued operations 0 (7,466)
Less: Dividends on preferred shares 6,791 6,791
Net income (loss) attributable to shareholders $ 22,606 $ (228,984)
Basic    
Continuing operations, basic (in dollars per share) $ 0.23 $ (1.87)
Discontinued operations, basic (in dollars per share) 0 (0.43)
Diluted    
Discontinued operations, diluted (in dollars per share) 0 (0.43)
Continuing operations, basic, (in dollar per share) $ 0.22 $ (1.87)
Weighted average shares outstanding:    
Basic (in shares) 99,728,245 99,366,877
Diluted (in shares) 100,974,100 99,366,877
Lease income    
Revenues    
Total revenues $ 55,978 $ 39,325
Maintenance revenue    
Revenues    
Total revenues 35,141 36,732
Asset Sales revenue    
Revenues    
Total revenues 108,691 0
Aerospace products revenue    
Revenues    
Total revenues 85,113 14,313
Other revenue    
Revenues    
Total revenues $ 7,795 $ 1,321