Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Other Assets

v3.3.1.900
Other Assets
12 Months Ended
Dec. 31, 2015
Other Assets [Abstract]  
Other Assets

10. Other assets

Other assets consisted of the following as of December 31, 2015 and 2014:

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

2015

 

2014

 

Inventory

$

260,269 

 

$

315,532 

 

Debt issuance costs

 

210,504 

 

 

203,965 

 

Lease incentives

 

162,277 

 

 

116,061 

 

Other receivables

 

174,841 

 

 

75,819 

 

Investments (Note 11)

 

114,711 

 

 

115,554 

 

Notes receivables

 

116,197 

(a)

 

135,154 

(b)

Derivative assets (Note 12)

 

18,965 

 

 

24,549 

 

Other tangible fixed assets

 

20,845 

 

 

21,028 

 

Straight-line rents, prepaid expenses and other

 

85,114 

 

 

39,430 

 

 

$

1,163,723 

 

$

1,047,092 

 

                   

 

(a)

As of December 31, 2015, we did not have an allowance for credit losses on notes receivables. We recognized a $2.0 million provision during the year ended December 31, 2015,  which was used upon termination of the related leases.

(b)

As of December 31, 2014, we did not have an allowance for credit losses on notes receivables and there was no activity recorded for credit losses during the year ended December 31, 2014.

 

During the years ended December 31, 2015, 2014 and 2013, we recorded amortization expense for debt issuance costs of $43.1 million, $79.5 million and $29.6 million, respectively. The unamortized debt issuance costs as of December 31, 2015 are amortizing through 2045.