10-Q Filing

AIR LEASE CORP CIK: 1487712 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-015851`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	al-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 110 Cash Flow Statement 86 Stockholders Equity 47

Balance Sheet 55 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.73B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	10.30M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$23.61M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$22.71M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	10.00M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	10.30M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	10.00M	shares	Point-in-time
Flight equipment subject to operating leases	`FlightEquipmentGross`	$25.31B	USD	Point-in-time
Flight equipment subject to operating leases	`FlightEquipmentGross`	$23.73B	USD	Point-in-time
Less accumulated depreciation	`FlightEquipmentAccumulatedDepreciation`	$3.78B	USD	Point-in-time
Less accumulated depreciation	`FlightEquipmentAccumulatedDepreciation`	$3.35B	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$550.00M	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$250.00M	USD	Point-in-time
Flight equipment subject to operating leases, net	`FlightEquipmentNet`	$21.53B	USD	Point-in-time
Flight equipment subject to operating leases, net	`FlightEquipmentNet`	$20.38B	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.66B	USD	Point-in-time
Deposits on flight equipment purchases	`DepositsOnFlightEquipment`	$1.80B	USD	Point-in-time
Other assets	`OtherAssets`	$1.28B	USD	Point-in-time
Other assets	`OtherAssets`	$1.34B	USD	Point-in-time
Total assets	`Assets`	$25.76B	USD	Point-in-time
Total assets	`Assets`	$25.22B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$532.44M	USD	Point-in-time
Accrued interest and other payables	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$492.47M	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$16.52B	USD	Point-in-time
Debt financing, net of discounts and issuance costs	`LongTermDebt`	$16.54B	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$1.09B	USD	Point-in-time
Security deposits and maintenance reserves on flight equipment leases	`SecurityDepositLiability`	$1.07B	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$136.11M	USD	Point-in-time
Rentals received in advance	`AdvanceRent`	$142.91M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$916.40M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$954.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$19.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$19.25B	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$103.00K	USD	Point-in-time
Preferred stock	`PreferredStockValue`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$2.79B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$3.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.28B	USD	Point-in-time
Accumulated other comprehensive (loss) / income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.15M	USD	Point-in-time
Accumulated other comprehensive (loss) / income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$325.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$6.07B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$6.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.62B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.87B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$6.50B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$25.22B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$25.76B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$920.14M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$994.56M	USD	2 Qtrs
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$497.87M	USD	1 Quarter
Rental of flight equipment	`OperatingLeaseLeaseIncome`	$452.04M	USD	1 Quarter
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$46.56M	USD	2 Qtrs
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$39.83M	USD	1 Quarter
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$38.18M	USD	2 Qtrs
Aircraft sales, trading and other	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.48M	USD	1 Quarter
Total revenues	`Revenues`	$966.70M	USD	2 Qtrs
Total revenues	`Revenues`	$1.03B	USD	2 Qtrs
Total revenues	`Revenues`	$491.88M	USD	1 Quarter
Total revenues	`Revenues`	$521.35M	USD	1 Quarter
Interest	`InterestExpenseDebtExcludingAmortization`	$210.23M	USD	2 Qtrs
Interest	`InterestExpenseDebtExcludingAmortization`	$231.58M	USD	2 Qtrs
Interest	`InterestExpenseDebtExcludingAmortization`	$102.69M	USD	1 Quarter
Interest	`InterestExpenseDebtExcludingAmortization`	$113.60M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$24.54M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$12.51M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$20.76M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$10.23M	USD	1 Quarter
Interest expense	`InterestExpense`	$112.93M	USD	1 Quarter
Interest expense	`InterestExpense`	$231.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$126.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$256.12M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$426.78M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$194.02M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$217.82M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$382.92M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.58M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.69M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$54.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.11M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.89M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$677.13M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$377.31M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$748.61M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$337.42M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.09M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$355.60M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.93M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.56M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$70.83M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.14M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$36.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$177.51M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$137.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$284.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$84.09M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$7.83M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$7.69M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.68M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.84M	USD	1 Quarter
Net income available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$143.78M	USD	1 Quarter
Net income available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$277.09M	USD	2 Qtrs
Net income available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$85.59M	USD	1 Quarter
Net income available to common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$165.84M	USD	2 Qtrs
Net income available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$85.59M	USD	1 Quarter
Net income available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$143.78M	USD	1 Quarter
Net income available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$277.09M	USD	2 Qtrs
Net income available to common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$165.84M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.24M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$13.24M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.26M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.07M	USD	2 Qtrs
Change in fair value of hedged transactions	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.90M	USD	1 Quarter
Change in fair value of hedged transactions	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-14.48M	USD	2 Qtrs
Change in fair value of hedged transactions	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$6.20M	USD	2 Qtrs
Change in fair value of hedged transactions	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.98M	USD	1 Quarter
Total tax benefit/(expense) on other comprehensive income/loss	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-401.00K	USD	2 Qtrs
Total tax benefit/(expense) on other comprehensive income/loss	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-289.00K	USD	2 Qtrs
Total tax benefit/(expense) on other comprehensive income/loss	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-62.00K	USD	1 Quarter
Total tax benefit/(expense) on other comprehensive income/loss	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$142.00K	USD	1 Quarter
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.25M	USD	1 Quarter
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.48M	USD	1 Quarter
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.47M	USD	2 Qtrs
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$524.00K	USD	1 Quarter
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-227.00K	USD	1 Quarter
Other Comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-954.00K	USD	2 Qtrs
Total comprehensive income available for common stockholders	`ComprehensiveIncomeNetOfTax`	$144.31M	USD	1 Quarter
Total comprehensive income available for common stockholders	`ComprehensiveIncomeNetOfTax`	$164.36M	USD	2 Qtrs
Total comprehensive income available for common stockholders	`ComprehensiveIncomeNetOfTax`	$276.13M	USD	2 Qtrs
Total comprehensive income available for common stockholders	`ComprehensiveIncomeNetOfTax`	$85.36M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.44	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.26	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.45	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.43	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.45	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	113.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.05M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.13M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	113.58M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.84M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.37M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.38M	shares	1 Quarter
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	2 Qtrs
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$177.51M	USD	2 Qtrs
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$26.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$137.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.42M	USD	1 Quarter
Cash paid for interest, capitalized interest	`InterestPaidCapitalized`	$26.18M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$284.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$84.09M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$426.78M	USD	2 Qtrs
Depreciation of flight equipment	`Depreciation`	$194.02M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$217.82M	USD	1 Quarter
Depreciation of flight equipment	`Depreciation`	$382.92M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.11M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.89M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$38.98M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$68.77M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$24.54M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$12.51M	USD	1 Quarter
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$20.76M	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCosts`	$10.23M	USD	1 Quarter
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$22.27M	USD	2 Qtrs
Amortization of prepaid lease costs	`AmortizationOfPrepaidLeaseCosts`	$21.21M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`GainLossOnDispositionOfAssets1`	$-2.60M	USD	2 Qtrs
Gain on aircraft sales, trading and other activity	`GainLossOnDispositionOfAssets1`	$24.64M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$100.08M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$265.77M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.26M	USD	2 Qtrs
Accrued interest and other payables	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.75M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$-11.74M	USD	2 Qtrs
Rentals received in advance	`IncreaseDecreaseInContractWithCustomerLiability`	$-6.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$468.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$602.66M	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsForFlightEquipment`	$1.10B	USD	2 Qtrs
Acquisition of flight equipment under operating lease	`PaymentsForFlightEquipment`	$550.03M	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForDepositsOnFlightEquipmentPurchases`	$202.94M	USD	2 Qtrs
Payments for deposits on flight equipment purchases	`PaymentsForDepositsOnFlightEquipmentPurchases`	$399.03M	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$134.61M	USD	2 Qtrs
Proceeds from aircraft sales, trading and other activity	`ProceedsFromSaleOfFlightEquipment`	$2.04M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.11M	USD	2 Qtrs
Acquisition of aircraft furnishings, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$102.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.40B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-902.56M	USD	2 Qtrs
Issuance of common stock upon exercise of options	`ProceedsFromIssuanceOfCommonStock`	$4.53M	USD	2 Qtrs
Issuance of common stock upon exercise of options	`ProceedsFromIssuanceOfCommonStock`	$1.44M	USD	2 Qtrs
Cash dividends paid on Class A common stock	`PaymentsOfDividendsCommonStock`	$36.48M	USD	2 Qtrs
Cash dividends paid on Class A common stock	`PaymentsOfDividendsCommonStock`	$34.05M	USD	2 Qtrs
Net proceeds from preferred stock issuance	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Net proceeds from preferred stock issuance	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$295.43M	USD	2 Qtrs
Preferred dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.68M	USD	2 Qtrs
Preferred dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$7.69M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.61M	USD	2 Qtrs
Tax withholdings on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.44M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-20.00M	USD	2 Qtrs
Net change in unsecured revolving facility	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$2.57B	USD	2 Qtrs
Proceeds from debt financings	`ProceedsFromIssuanceOfDebt`	$2.39B	USD	2 Qtrs
Payments in reduction of debt financings	`RepaymentsOfDebt`	$2.58B	USD	2 Qtrs
Payments in reduction of debt financings	`RepaymentsOfDebt`	$1.30B	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.94M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.22M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$72.85M	USD	2 Qtrs
Security deposits and maintenance reserve receipts	`ProceedsFromSecurityDepositsAndMaintenanceReserveReceipts`	$67.29M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$24.17M	USD	2 Qtrs
Security deposits and maintenance reserve disbursements	`PaymentsForSecurityDepositsAndMaintenanceReserveDisbursements`	$55.17M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.04B	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$273.70M	USD	2 Qtrs
Net (decrease)/increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-525.01M	USD	2 Qtrs
Net (decrease)/increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$603.93M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$941.99M	USD	Point-in-time
Cash paid during the period for interest, including capitalized interest of $26,116 and $26,185 at June 30, 2021 and 2020, respectively	`InterestPaid`	$229.80M	USD	2 Qtrs
Cash paid during the period for interest, including capitalized interest of $26,116 and $26,185 at June 30, 2021 and 2020, respectively	`InterestPaid`	$262.95M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$2.49M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$2.37M	USD	2 Qtrs
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$201.62M	USD	2 Qtrs
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment	`DepositsOnFlightEquipmentPurchasesAppliedToAcquisitionOfFlightEquipmentUnderOperatingLeases`	$449.49M	USD	2 Qtrs
Cash dividends declared on Class A common stock, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$17.07M	USD	Point-in-time
Cash dividends declared on Class A common stock, not yet paid	`DividendsPayableCurrentAndNoncurrent`	$18.26M	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$6.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.43B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.62B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.87B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.74B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.50B	USD	Point-in-time
Issuance of preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$-19.00K	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$295.45M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.02M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.44M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units and upon exercise of options	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.50M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.89M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.43M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.41M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStock`	$7.83M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStock`	$3.84M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStock`	$3.84M	USD	1 Quarter
Preferred dividends	`DividendsPreferredStock`	$3.84M	USD	1 Quarter
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.25M	USD	1 Quarter
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.48M	USD	1 Quarter
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.47M	USD	2 Qtrs
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$524.00K	USD	1 Quarter
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-227.00K	USD	1 Quarter
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-954.00K	USD	2 Qtrs
Tax withholding on stock based compensation/ related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.41M	USD	1 Quarter
Tax withholding on stock based compensation/ related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$275.00K	USD	1 Quarter
Tax withholding on stock based compensation/ related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.17M	USD	1 Quarter
Tax withholding on stock based compensation/ related to vesting of restricted stock units and exercise of stock options	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$200.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$177.51M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$137.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.42M	USD	1 Quarter
Net income	`NetIncomeLoss`	$284.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$147.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$84.09M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$6.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.43B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.62B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.87B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.74B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.50B	USD	Point-in-time

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