CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025		Jun. 30, 2024
Revenues
Total revenues		$ 676,237	$ 443,594	$ 1,178,317		$ 770,288
Expenses
Cost of sales		369,258	205,857	617,972		348,661
Operating expenses		34,328	29,099	66,766		54,416
General and administrative		2,442	2,969	5,558		6,652
Acquisition and transaction expenses		4,489	8,019	11,781		14,198
Management fees and incentive allocation to affiliate		0	3,554	0		8,449
Internalization fee to affiliate		0	300,000	0		300,000
Depreciation and amortization		55,236	56,691	114,798		106,611
Asset impairment		0	0	0		962
Total expenses		465,753	606,189	816,875		839,949
Other (expense) income
Interest expense		(63,965)	(55,196)	(126,005)		(102,903)
Loss on extinguishment of debt		0	(13,920)	0		(13,920)
Equity in losses of unconsolidated entities	[1]	(5,003)	(694)	(12,617)	[2]	(1,361)	[2]
Other income (expense)		27,156	(498)	60,227		136
Total other income (expense)		(7,208)	(70,308)	(32,921)		(118,048)
Income (loss) before income taxes		203,276	(232,903)	328,521		(187,709)
Provision for (benefit from) income taxes		37,878	(13,033)	60,737		(7,461)
Net income (loss)		165,398	(219,870)	267,784		(180,248)
Less: Dividends on preferred shares		3,709	8,335	9,824		16,670
Less: Loss on redemption of preferred shares		0	0	6,327		0
Net income (loss) attributable to shareholders		$ 161,689	$ (228,205)	$ 251,633		$ (196,918)
Earnings (loss) per share:
Basic (in dollars per share)		$ 1.58	$ (2.26)	$ 2.45		$ (1.96)
Diluted (in dollars per share)		$ 1.57	$ (2.26)	$ 2.44		$ (1.96)
Weighted average shares outstanding:
Basic (in shares)		102,558,777	100,958,524	102,555,644		100,602,214
Diluted (in shares)		103,147,860	100,958,524	103,144,727		100,602,214
Equity Method Investee
Other (expense) income
Gain on sale to the 2025 Partnership		$ 34,604	$ 0	$ 45,474		$ 0
Aerospace products revenue
Revenues
Total revenues		420,686	245,200	685,111		434,257
MRE Contract revenue
Revenues
Total revenues		69,585	0	170,223		0
Lease income
Revenues
Total revenues		62,439	70,754	130,879		123,915
Maintenance revenue
Revenues
Total revenues		73,104	51,187	122,711		96,977
Asset sales revenue
Revenues
Total revenues		47,915	72,433	66,854		111,040
Other revenue
Revenues
Total revenues	[3]	$ 2,508	$ 4,020	$ 2,539		$ 4,099

[1] Includes the profit elimination of $(4,935) and $(11,885) for the three and six months ended June 30, 2025, respectively, and $0 and $0 for the three and six months ended June 30, 2024, respectively, for sales to the 2025 Partnership.

[2] Includes the profit elimination of $(11,885) and $0 for the six months ended June 30, 2025 and 2024, respectively, for sales to the 2025 Partnership within the Aerospace Products segment.

[3] Includes servicing fees of $2,052 and $2,600 for the three and six months ended June 30, 2025, respectively, from the 2025 Partnership.