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Equipment Held for Operating Lease (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of geographic information about the entity's leased aircraft equipment grouped by domicile of the lessee The tables below set forth geographic information about the leased equipment grouped by domicile of the lessee (which is not necessarily indicative of the asset’s actual location):
 
 
Years Ended December 31,
Lease rent revenue
 
2019
 
2018
 
 
(in thousands)
Region
 
 
 
 
Europe
 
$
84,335

 
$
70,842

Asia
 
42,127

 
40,717

United States
 
39,178

 
40,100

South America
 
10,030

 
11,338

Mexico
 
5,284

 
4,721

Middle East
 
4,117

 
3,286

Canada
 
3,279

 
4,585

Africa
 
2,340

 
20

Totals
 
$
190,690

 
$
175,609


Schedule of lease status of the equipment held for operating lease
 
 
As of December 31,
Net book value of equipment held for operating lease
 
2019
 
2018
 
 
(in thousands)
Region
 
 
 
 
Europe
 
$
554,529

 
$
624,913

Asia
 
427,246

 
368,690

United States
 
240,454

 
260,095

South America
 
110,563

 
118,508

Mexico
 
51,573

 
33,795

Middle East
 
26,732

 
43,602

Canada
 
22,640

 
18,792

Africa
 
2,597

 
2,597

Off-lease and other
 
214,584

 
202,143

Totals
 
$
1,650,918

 
$
1,673,135


As of December 31, 2019, the lease status of the equipment held for operating lease (in thousands) was as follows:
Lease Term
 
Net Book Value
Off-lease and other
 
$
214,584

Month-to-month leases
 
196,143

Leases expiring 2020
 
549,244

Leases expiring 2021
 
131,217

Leases expiring 2022
 
323,383

Leases expiring 2023
 
97,613

Leases expiring 2024
 
70,507

Leases expiring thereafter
 
68,227

 
 
$
1,650,918


Schedule of minimum future payments under non-cancelable leases
As of December 31, 2019, minimum future payments under non-cancelable leases were as follows:
Year
 
(in thousands)
2020
 
$
155,970

2021
 
95,015

2022
 
59,033

2023
 
33,418

2024
 
21,287

Thereafter
 
14,754

 
 
$
379,477