LEASE RENTAL REVENUES AND AIRCRAFT AND ENGINES HELD FOR LEASE - Components (Details) - USD ($) $ in Thousands |
3 Months Ended | ||
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Mar. 31, 2024 |
Mar. 31, 2023 |
Dec. 31, 2023 |
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LEASE RENTAL REVENUES AND AIRCRAFT AND ENGINES HELD FOR LEASE | |||
Depreciation expense | $ 1,200 | $ 1,100 | |
Supplemental rents recognized as revenue | $ 1,500 | $ 3,100 | |
Lease term (in years) | 3 years | ||
Aircraft and Engines | |||
Aircraft and engines held for lease | $ 52,055 | $ 58,136 | |
Less accumulated depreciation | (28,793) | (31,661) | |
Property held for operating leases, net | $ 23,262 | $ 26,475 |
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of property, plant, and equipment excluding underlying asset under operating lease, over the assets' useful lives. No definition available.
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- References No definition available.
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- Definition Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated depreciation of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount, before accumulated depreciation, of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount, after accumulated depreciation, of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- References No definition available.
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