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Investments - Summarized Financial Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated Statements of Income      
Revenue $ 274,202 $ 288,692  
Expenses 265,862 273,998  
Net income 3,352 9,748  
Consolidated Balance Sheets      
Total assets [1] 2,462,927 2,364,948  
Total liabilities [2] 2,037,237 1,951,211  
Total shareholders’ equity 375,885 364,015 $ 350,338
WMES      
Consolidated Statements of Income      
Revenue 29,596 38,086  
Expenses 29,303 35,190  
Net income 293 2,896  
Consolidated Balance Sheets      
Total assets 310,260 303,886  
Total liabilities 225,917 219,836  
Total shareholders’ equity $ 84,343 $ 84,050  
[1] Total assets at December 31, 2021 and 2020 include the following assets of variable interest entity’s (“VIE’s”) that can only be used to settle the liabilities of the VIE’s: Restricted cash $81,312 and $35,262; Equipment $1,226,395 and $1,037,684; Maintenance rights $5,433 and $767; Inventory $4,367 and $5,437; Notes receivable $90,868 and $26,392; and Other assets $4,775 and $558, respectively.
[2] Total liabilities at December 31, 2021 and 2020 include the following liabilities of VIEs for which the VIEs' creditors do not have recourse to Willis Lease Finance Corporation: Debt obligations $1,197,922 and $907,550, respectively.