LEASING EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Lessor, Operating Leases

Leasing equipment, net is summarized as follows:

	June 30, 2022		December 31, 2021
Leasing equipment	$	2,354,087	$	2,356,219
Less: Accumulated depreciation	(509,992)		(464,570)
Leasing equipment, net	$	1,844,095	$	1,891,649

Lessor, Acquisition and Disposition of Leasing Equipment

The following table presents information related to our acquisitions and dispositions of aviation leasing equipment during the six months ended June 30, 2022:

Acquisitions:
Aircraft	22
Engines	37
Dispositions:
Aircraft	4
Engines	29

Operating Lease, Lease Income

Depreciation expense for leasing equipment is summarized as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Depreciation expense for leasing equipment	$	39,444	$	35,899	$	80,923	$	70,594