AIRCRAFT AND ENGINES HELD FOR LEASE AND LEASE RENTAL - Components (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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AIRCRAFT AND ENGINES HELD FOR LEASE AND LEASE RENTAL | |||
Impairment of leased assets | $ 3,000 | ||
Depreciation expense | $ 8,869 | 19,976 | $ 27,064 |
Contingent rental fees | $ 8,218 | 11,851 | $ 21,550 |
Lease term (in years) | 3 years | ||
Aircraft and Engines | |||
Aircraft and engines held for operating leases | $ 197,397 | 228,942 | |
Less accumulated depreciation | (124,033) | (142,098) | |
Property held for operating leases, net | $ 73,364 | $ 86,844 |
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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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- Definition The adjustment to reduce the value of existing agreements that specify the lessee's rights to use the leased property. This expense is charged when the estimates of future profits generated by the leased property are reduced. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 contingent rental revenue recognized for the period under lease, based on the occurrences of an event or condition. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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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://www.xbrl.org/2003/role/disclosureRef
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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://www.xbrl.org/2003/role/disclosureRef
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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://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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