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INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)
6 Months Ended
Jun. 30, 2022
Intangible Assets and Liabilities Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets and Liabilities
Intangible assets and liabilities, net are summarized as follows:
June 30, 2022
Aviation LeasingJefferson TerminalTranstarTotal
Intangible assets
Acquired favorable lease intangibles$75,726 $ $ $75,726 
Less: Accumulated amortization(43,858)  (43,858)
Acquired favorable lease intangibles, net31,868   31,868 
Customer relationships 35,513 60,000 95,513 
Less: Accumulated amortization (27,814)(3,722)(31,536)
Acquired customer relationships, net 7,699 56,278 63,977 
Total intangible assets, net$31,868 $7,699 $56,278 $95,845 
Intangible liabilities
Acquired unfavorable lease intangibles$18,227 $ $ $18,227 
Less: Accumulated amortization(6,906)  (6,906)
Acquired unfavorable lease intangibles, net$11,321 $ $ $11,321 
December 31, 2021
Aviation LeasingJefferson TerminalTranstarTotal
Intangible assets
Acquired favorable lease intangibles$67,013 $— $— $67,013 
Less: Accumulated amortization(36,051)— — (36,051)
Acquired favorable lease intangibles, net30,962 — — 30,962 
Customer relationships— 35,513 60,000 95,513 
Less: Accumulated amortization— (26,038)(1,738)(27,776)
Acquired customer relationships, net— 9,475 58,262 67,737 
Total intangible assets, net$30,962 $9,475 $58,262 $98,699 
Intangible liabilities
Acquired unfavorable lease intangibles$14,795 $— $— $14,795 
Less: Accumulated amortization(6,068)— — (6,068)
Acquired unfavorable lease intangibles, net$8,727 $— $— $8,727 
Schedule of Intangible Assets and Liabilities Amortization of intangible assets and liabilities is as follows:
Classification in Consolidated Statements of OperationsThree Months Ended June 30,Six Months Ended June 30,
2022202120222021
Lease intangiblesEquipment leasing revenues$3,310 $1,198 $6,968 $1,950 
Customer relationshipsDepreciation and amortization1,885 889 3,760 1,777 
Total$5,195 $2,087 $10,728 $3,727 
Schedule of Net Annual Amortization of Intangibles
As of June 30, 2022, estimated net annual amortization of intangibles is as follows:
Remainder of 2022$9,508 
202315,462 
202411,063 
20255,948 
20264,518 
Thereafter38,025 
Total$84,524