Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Schedule of disaggregation of revenue by major source

The following tables disaggregate revenue by major source for the three and six months ended June 30, 2021 and 2020 (in thousands):

Three months ended June 30, 2021	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	32,431	$	—	$	—	$	32,431
Maintenance reserve revenue	17,278		—		—		17,278
Spare parts and equipment sales	84		3,375		110		3,569
Managed services	3,247		—		—		3,247
Asset transition fee (1)	6,256		—		—		6,256
Other revenue	3,669		41		(19)		3,691
Total revenue	$	62,965	$	3,416	$	91	$	66,472

Three Months Ended June 30, 2020	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	38,454	$	—	$	—	$	38,454
Maintenance reserve revenue	29,986		—		—		29,986
Spare parts and equipment sales	102		2,753		—		2,855
Loss on sale of leased equipment	(700)		—		—		(700)
Managed services	1,631		—		—		1,631
Other revenue	2,756		28		(27)		2,757
Total revenue	$	72,229	$	2,781	$	(27)	$	74,983

Six months ended June 30, 2021	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	63,951	$	—	$	—	$	63,951
Maintenance reserve revenue	37,090		—		—		37,090
Spare parts and equipment sales	169		7,966		—		8,135
Managed services	5,515		—		—		5,515
Asset transition fee (1)	6,256		—		—		6,256
Other revenue	6,607		97		(54)		6,650
Total revenue	$	119,588	$	8,063	$	(54)	$	127,597

Six months ended June 30, 2020	Leasing and Related Operations		Spare Parts Sales		Eliminations		Total
Lease rent revenue	$	84,849	$	—	$	—	$	84,849
Maintenance reserve revenue	50,514		—		—		50,514
Spare parts and equipment sales	1,327		10,633		—		11,960
Gain on sale of leased equipment	1,367		—		—		1,367
Managed services	4,125		—		—		4,125
Other revenue	3,771		267		(261)		3,777
Total revenue	$	145,953	$	10,900	$	(261)	$	156,592

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(1)Asset transition fee reflects the settlement received from the close out of an engine transition program.