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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Ordinary Shares
Ordinary Shares
[1]
Preferred Shares
Additional Paid In Capital
Additional Paid In Capital
Ordinary Shares
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-Controlling Interest in Equity of Consolidated Subsidiaries
Beginning balance at Dec. 31, 2021 $ 1,124,100   $ 992 $ 133 [1] $ 1,411,940   $ (132,392) $ (156,381) $ (192)
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Net income (229,659)           (222,193)   (7,466)
Other comprehensive loss (94,779)             (94,779)  
Comprehensive income (loss) (324,438)           (222,193) (94,779) (7,466)
Issuance of ordinary shares   $ 164       $ 164      
Dividends declared - common shares (32,749)       (32,749)        
Dividends declared - preferred shares (6,791)       (6,791)        
Equity-based compensation 709               709
Ending balance at Mar. 31, 2022 760,995   992 133 [1] 1,372,564   (354,585) (251,160) (6,949)
Beginning balance at Dec. 31, 2021 1,124,100   992 133 [1] 1,411,940   (132,392) $ (156,381) (192)
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Issuance of preferred shares 61,729     26 61,703        
Ending balance at Dec. 31, 2022 19,402   997 133 [1] 343,350   (325,602)   524
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Net income 29,397           29,397   0
Other comprehensive loss 0                
Comprehensive income (loss) 29,397           29,397   0
Issuance of ordinary shares   $ 230       $ 230      
Dividends declared - common shares (29,919)       (29,919)        
Dividends declared - preferred shares (6,791)       (6,791)        
Equity-based compensation 108       108        
Ending balance at Mar. 31, 2023 $ 74,156   $ 997 $ 159 [1] $ 368,681   $ (296,205)   $ 524
[1] Common and Preferred Shares of Fortress Transportation and Infrastructure Investors LLC were exchanged for Ordinary and Preferred Shares of FTAI Aviation Ltd. when the Merger, as detailed in Note 1, was completed on November 10, 2022.