Unconsolidated Equity Method Investment |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Method Investments and Joint Ventures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Method Unconsolidated Equity Method Investment | Unconsolidated Equity Method Investment On December 19, 2013, the Company and an affiliate of Teachers’ formed a joint venture (the “JV”), in which we have a 30% equity interest, to invest in leased aircraft. Teachers’ currently holds 10.0% of our outstanding common shares. We source and service investments in this joint venture and provide marketing, asset management and administrative services to it and are paid market-based fees for those services, which are recorded in Other revenue in our Consolidated Statements of Income. The Company has recorded in its Consolidated Balance Sheet a $6,670 guarantee liability in Maintenance payments and a $5,400 guarantee liability in Security deposits representing its share of the respective exposures.
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