10-Q Filing

AIR LEASE CORP CIK: 1487712 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-007708`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	al-20190630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 80 Cash Flow Statement 80 Stockholders Equity 39

Balance Sheet 53 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.13M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	10.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$22.87M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$24.04M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	10.00M	shares	Point-in-time
Flight equipment subject to operating leases	`PropertySubjectToOrAvailableForLessorOperatingLeaseGross`	$20.31B	USD	Point-in-time
Flight equipment subject to operating leases	`PropertySubjectToOrAvailableForLessorOperatingLeaseGross`	$17.99B	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Less accumulated depreciation	`PropertySubjectToOrAvailableForLessorOperatingLeaseAccumulatedDepreciation`	$2.55B	USD	Point-in-time
Less accumulated depreciation	`PropertySubjectToOrAvailableForLessorOperatingLeaseAccumulatedDepreciation`	$2.28B	USD	Point-in-time
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock	`PreferredStockDividendRatePercentage`	0.06	pure	Point-in-time
Flight equipment subject to operating leases, net	`PropertySubjectToOrAvailableForLessorOperatingLeaseNet`	$15.71B	USD	Point-in-time
Series A liquidation preference	`PreferredStockLiquidationPreferenceValue`	$250.00K	USD	Point-in-time
Flight equipment subject to operating leases, net	`PropertySubjectToOrAvailableForLessorOperatingLeaseNet`	$17.75B	USD	Point-in-time
Series A liquidation preference	`PreferredStockLiquidationPreferenceValue`	$250.00M	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.81B	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.69B	USD	Point-in-time
Other assets	`OtherAssets`	$642.44M	USD	Point-in-time
Other assets	`OtherAssets`	$749.28M	USD	Point-in-time
Common Stock, issued shares	`CommonStockSharesIssued`	10.00M	shares	Point-in-time
Total assets	`Assets`	$18.48B	USD	Point-in-time
Total assets	`Assets`	$20.48B	USD	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$453.54M	USD	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$382.13M	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$11.54B	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$12.86B	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$1.04B	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$990.58M	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$124.14M	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$119.53M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$643.77M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$711.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$15.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$13.67B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.73B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.33B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.81B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.23B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.13B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.34B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.30B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.17B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$18.48B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$20.48B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$919.61M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$771.34M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$393.48M	USD	1 Quarter
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$463.87M	USD	1 Quarter
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.84M	USD	2 Qtrs
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.68M	USD	2 Qtrs
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.53M	USD	1 Quarter
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.33M	USD	1 Quarter
Total revenues	`Revenues`	$471.39M	USD	1 Quarter
Total revenues	`Revenues`	$397.81M	USD	1 Quarter
Total revenues	`Revenues`	$937.45M	USD	2 Qtrs
Total revenues	`Revenues`	$779.02M	USD	2 Qtrs
Interest	`InterestExpenseDebtExcludingAmortization`	$142.40M	USD	2 Qtrs
Interest	`InterestExpenseDebtExcludingAmortization`	$73.45M	USD	1 Quarter
Interest	`InterestExpenseDebtExcludingAmortization`	$96.82M	USD	1 Quarter
Interest	`InterestExpenseDebtExcludingAmortization`	$186.04M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$16.03M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$17.25M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.71M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.01M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$158.43M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$203.30M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$81.46M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$105.54M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$278.73M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$331.16M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$171.69M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$142.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.46M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.77M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.47M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.82M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.86M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.04M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.88M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$490.30M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$250.41M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$601.97M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$310.86M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$335.48M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$147.41M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$160.54M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$288.73M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$62.87M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$69.08M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$32.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$266.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$138.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$110.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.86M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.31M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.27M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.27M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$262.13M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$225.86M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$124.03M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$115.21M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.36	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.04	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	103.88M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	104.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.37M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.20M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.33M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.42M	shares	1 Quarter
Dividends declared per share of Class A common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	1 Quarter
Dividends declared per share of Class A common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	2 Qtrs
Dividends declared per share of Class A common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
Dividends declared per share of Class A common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.26	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$225.86M	USD	2 Qtrs
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$25.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$266.40M	USD	2 Qtrs
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$31.60M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$278.73M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$331.16M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$171.69M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$142.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.86M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.04M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.88M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$62.87M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$69.08M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$16.03M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$17.25M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.71M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$8.01M	USD	1 Quarter
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$14.61M	USD	2 Qtrs
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$14.85M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$2.19M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$14.92M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$47.31M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$127.44M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$23.74M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$85.22M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$7.33M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$4.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$587.99M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$656.25M	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsToAcquireEquipmentOnLease`	$1.96B	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsToAcquireEquipmentOnLease`	$1.40B	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForFlightEquipment`	$448.65M	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForFlightEquipment`	$360.44M	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$250.00K	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$249.76M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.12M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$175.93M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.90B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.34B	USD	2 Qtrs
Issuance of common stock upon exercise of options	`ProceedsFromIssuanceOfCommonStock`	$11.24M	USD	2 Qtrs
Issuance of common stock upon exercise of options	`ProceedsFromIssuanceOfCommonStock`	$4.13M	USD	2 Qtrs
Cash dividends paid on Class A common stock	`PaymentsOfDividendsCommonStock`	$20.76M	USD	2 Qtrs
Cash dividends paid on Class A common stock	`PaymentsOfDividendsCommonStock`	$28.87M	USD	2 Qtrs
Preferred dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.27M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.14M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.59M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$109.00M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$199.00M	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$1.74B	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$2.03B	USD	2 Qtrs
Payments in reduction of debt financings	`RepaymentsOfOtherLongTermDebt`	$594.71M	USD	2 Qtrs
Payments in reduction of debt financings	`RepaymentsOfOtherLongTermDebt`	$920.72M	USD	2 Qtrs
Net proceeds from preferred stock issuance	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$242.13M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.33M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.30M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$142.69M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$109.01M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$44.42M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$16.53M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.65B	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29B	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-27.22M	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-34.90M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$323.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$308.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$323.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.10M	USD	Point-in-time
Cash paid during the period for interest, including capitalized interest of $31,602 and $25,692 at June 30, 2019 and 2018, respectively	`InterestPaidNet`	$149.08M	USD	2 Qtrs
Cash paid during the period for interest, including capitalized interest of $31,602 and $25,692 at June 30, 2019 and 2018, respectively	`InterestPaidNet`	$210.81M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.29M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$555.00K	USD	2 Qtrs
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$711.43M	USD	2 Qtrs
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$451.05M	USD	2 Qtrs
Cash dividends declared on Class A common stock, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$10.40M	USD	Point-in-time
Cash dividends declared on Class A common stock, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$14.52M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Balance	`StockholdersEquity`	$4.81B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.23B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.13B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.30B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.17B	USD	Point-in-time
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.52M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.64M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$441.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$10.80M	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$242.24M	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$-111.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.88M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.86M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.17M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStockStock`	$4.27M	USD	1 Quarter
Cash dividends (declared $0.10 and $0.13 per share of Class A common stock for June 30, 2018 and 2019, respectively)	`DividendsCommonStockCash`	$14.45M	USD	1 Quarter
Cash dividends (declared $0.10 and $0.13 per share of Class A common stock for June 30, 2018 and 2019, respectively)	`DividendsCommonStockCash`	$14.52M	USD	1 Quarter
Cash dividends (declared $0.10 and $0.13 per share of Class A common stock for June 30, 2018 and 2019, respectively)	`DividendsCommonStockCash`	$10.40M	USD	1 Quarter
Cash dividends (declared $0.10 and $0.13 per share of Class A common stock for June 30, 2018 and 2019, respectively)	`DividendsCommonStockCash`	$10.40M	USD	1 Quarter
Tax withholding related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.59M	USD	1 Quarter
Tax withholding related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$266.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$138.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$110.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.86M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$128.31M	USD	1 Quarter
Balance	`StockholdersEquity`	$4.81B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.23B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.13B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.30B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.17B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.