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

Flight Equipment Held For Operating Leases, Net (Tables)

v3.6.0.2
Flight Equipment Held For Operating Leases, Net (Tables)
12 Months Ended
Dec. 31, 2016
Net Investment In Finance And Sales-type Leases [Abstract]  
Movements In Flight Equipment Held For Operating Leases

Movements in flight equipment held for operating leases during the years ended December 31, 2016 and 2015 were as follows:





 

 

 

 

 



Year Ended December 31,



2016

 

2015

Net book value at beginning of period

$

32,219,494 

 

$

31,984,668 

Additions

 

3,863,905 

 

 

3,604,122 

Depreciation

 

(1,753,574)

 

 

(1,803,125)

Impairment (Note 25)

 

(78,335)

 

 

(16,322)

AeroTurbine restructuring (Note 26)

 

(15,392)

 

 

(22,402)

Disposals/Transfers to held for sale

 

(2,246,825)

 

 

(1,325,626)

Transfers from held for sale

 

24,393 

 

 

 —

Transfers to net investment in finance and sales-type leases/inventory

 

(530,093)

 

 

(201,821)

Transfers from net investment in finance and sales-type leases

 

18,400 

 

 

 —

Net book value at end of period

$

31,501,973 

 

$

32,219,494 

Accumulated depreciation as of December 31, 2016 and 2015, respectively

$

(5,086,611)

 

$

(3,934,685)