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Lease Incentives (Tables)
3 Months Ended
Mar. 31, 2018
Lease Incentives  
Summary of lease incentives by component

The following summarizes lease incentives by component as of March 31, 2018 and December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

At March 31, 2018

 

 

At December 31, 2017

 

Non-contingent lease incentives

 

$

14,863

 

$

14,904

 

Contingent lease incentives

 

 

6,458

 

 

6,577

 

Totals

 

$

21,321

 

$

21,481

 

 

Summary of lease incentive activity

The following table summarizes our lease incentive activity for the three months ended March 31, 2018, and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31,

 

2018

 

2017

 

 

Funding

 

 

Amortization

 

 

Funding

 

 

Amortization

Non-contingent lease incentives

$

380

 

$

(421)

 

$

3,441

 

$

(360)

Contingent lease incentives

 

 -

 

 

(119)

 

 

 -

 

 

(167)

Totals

$

380

 

$

(540)

 

$

3,441

 

$

(527)