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Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]                
Revenue $ 66,472 $ 74,983 $ 127,597 $ 156,592        
Expenses 67,646 66,194 129,943 139,479        
Net income (loss) 58 5,372 (1,274) 9,658        
Statement of Financial Position [Abstract]                
Total assets [1] 2,584,976   2,584,976     $ 2,364,948    
Total liabilities [2] 2,166,523   2,166,523     1,951,211    
Total WMES net equity 368,689 357,868 368,689 357,868 $ 372,412 364,015 $ 353,007 $ 350,338
WMES                
Income Statement [Abstract]                
Revenue 4,885 11,804 9,646 19,915        
Expenses 6,606 10,425 12,775 18,179        
Net income (loss) (1,721) $ 1,379 (3,129) $ 1,736        
Statement of Financial Position [Abstract]                
Total assets 298,019   298,019     303,886    
Total liabilities 217,097   217,097     219,836    
Total WMES net equity $ 80,922   $ 80,922     $ 84,050    
[1] Total assets at June 30, 2021 and December 31, 2020, respectively, include the following assets of variable interest entities (“VIEs”) that can only be used to settle the liabilities of the VIEs: Restricted cash $212,734 and $35,262; Equipment $1,216,186 and $1,037,684; Maintenance Rights $4,317 and $767; Inventory $4,367 and $5,437; Notes receivable $132,134 and $26,392; and Other assets $4,791 and $558, respectively.
[2] Total liabilities at June 30, 2021 and December 31, 2020, respectively, include the following liabilities of VIEs for which the VIEs’ creditors do not have recourse to Willis Lease Finance Corporation: Debt obligations $1,220,448 and $907,550, respectively.