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

Net Investment In Finance And Sales-type Leases (Tables)

v3.3.1.900
Net Investment In Finance And Sales-type Leases (Tables)
12 Months Ended
Dec. 31, 2015
Net Investment In Finance And Sales-type Leases [Abstract]  
Components Of The Net Investment In Finance And Sales-type Leases

Components of net investment in finance and sales-type leases as of December 31, 2015 and 2014 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

2015

 

2014

Future minimum lease payments to be received

$

533,879 

 

$

409,282 

Estimated residual values of leased flight equipment (unguaranteed)

 

164,123 

 

 

98,994 

Less: Unearned income

 

(228,804)

 

 

(161,185)

 

$

469,198 

 

$

347,091 

Less: Allowance for credit losses

 

 —

 

 

 —

 

$

469,198 

 

$

347,091 

 

 

 

 

 

 

 

Minimum Future Lease Payments On Finance And Sales-type Leases

As of December 31, 2015,  future minimum lease payments to be received on finance and sales-type leases were as follows:

 

 

 

 

 

 

Future minimum lease payments to be received

2016

$

93,726 

2017

 

85,143 

2018

 

83,656 

2019

 

75,255 

2020

 

60,865 

Thereafter

 

135,234 

 

$

533,879