Fixed Assets

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

Fixed Assets

NOTE 9 – Fixed Assets

The following is a summary of fixed assets as of December 31, 2018 and 2017 (in thousands):

	December 31,
	2018			2017
Furniture and equipment	$	251,542		$	225,553
Aircraft operating leases		214,065			—
Building and leasehold improvements		180,743			168,684
		646,350			394,237
Less accumulated depreciation and amortization		(273,411	)		(239,117	)
	$	372,939		$	155,120

For the years ended December 31, 2018, 2017, and 2016, depreciation and amortization totaled $27.9 million, $32.5 million, and $43.1 million, respectively.

As of December 31, 2018, the Company had a total lease portfolio of 23 aircraft engines with a net book value of $211.1 million. The aircraft engines were purchased by the Company, through its subsidiaries, during 2018. See Notes 2 and 28 for addition information.

As of December 31, 2018, minimum future payments under non-cancelable leases were (in thousands):

2019	$	19,417
2020		15,813
2021		12,877
2022		6,614
2023		3,040
Thereafter		4,565
	$	62,326