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

Investments

v3.8.0.1
Investments
12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Investments
Investments
Investments accounted for under the equity method of accounting consisted of the following as of December 31, 2017 and 2016:
 
Ownership as of December 31, 2017
 
As of December 31,
 
(%)
 
2017
 
2016
AerDragon
16.7
 
$
61,706

 
$
60,124

AerLift
39.3
 
44,930

 
45,087

ACSAL
19.4
 
14,197

 
13,566

 
 
 
$
120,833

 
$
118,777


Our share of undistributed earnings of investments in which our ownership interest is less than 50% was $40.2 million and $38.4 million as of December 31, 2017 and 2016, respectively. We also have an investment in Peregrine of $2.1 million as of December 31, 2017, that is accounted for in accordance with the cost method of accounting. Please refer to Note 27—Variable interest entities for further details.