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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 15,635us-gaap_CashAndCashEquivalentsAtCarryingValue $ 13,493us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 45,616us-gaap_RestrictedCashAndCashEquivalents 51,258us-gaap_RestrictedCashAndCashEquivalents
Equipment held for operating lease, less accumulated depreciation of $295,515 and $281,087 at March 31, 2015 and December 31, 2014, respectively 1,050,922us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet 1,066,448us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet
Equipment held for sale 17,600wlfc_EquipmentHeldForSale 18,114wlfc_EquipmentHeldForSale
Operating lease related receivables, net of allowances of $282 and $215 at March 31, 2015 and December 31, 2014, respectively 14,596us-gaap_AccountsReceivableNet 8,912us-gaap_AccountsReceivableNet
Spare parts inventory 18,288us-gaap_InventoryNet 18,593us-gaap_InventoryNet
Investments 42,574us-gaap_Investments 41,590us-gaap_Investments
Property, equipment & furnishings, less accumulated depreciation of $9,726 and $9,420 at March 31, 2015 and December 31, 2014, respectively 21,311us-gaap_PropertyPlantAndEquipmentNet 17,955us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 1,106us-gaap_IntangibleAssetsNetExcludingGoodwill 1,164us-gaap_IntangibleAssetsNetExcludingGoodwill
Equipment purchase deposits 6,817wlfc_EquipmentPurchaseDeposits  
Other assets 25,261us-gaap_OtherAssets 24,099us-gaap_OtherAssets
Total assets 1,259,726us-gaap_Assets 1,261,626us-gaap_Assets
Liabilities:    
Accounts payable and accrued expenses 12,636us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 21,614us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Deferred income taxes 91,866us-gaap_DeferredIncomeTaxLiabilities 90,510us-gaap_DeferredIncomeTaxLiabilities
Notes payable 842,177us-gaap_LongTermDebt 840,956us-gaap_LongTermDebt
Maintenance reserves 69,672wlfc_MaintenanceReserves 66,474wlfc_MaintenanceReserves
Security deposits 20,771us-gaap_SecurityDepositLiability 20,869us-gaap_SecurityDepositLiability
Unearned lease revenue 3,381us-gaap_DeferredRevenueLeasesNet 4,342us-gaap_DeferredRevenueLeasesNet
Total liabilities 1,040,503us-gaap_Liabilities 1,044,765us-gaap_Liabilities
Shareholders' equity:    
Common stock ($0.01 par value, 20,000,000 shares authorized; 8,293,377 and 8,346,304 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively) 83us-gaap_CommonStockValue 83us-gaap_CommonStockValue
Paid-in capital in excess of par 42,140us-gaap_AdditionalPaidInCapital 42,076us-gaap_AdditionalPaidInCapital
Retained earnings 177,000us-gaap_RetainedEarningsAccumulatedDeficit 174,702us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 219,223us-gaap_StockholdersEquity 216,861us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 1,259,726us-gaap_LiabilitiesAndStockholdersEquity $ 1,261,626us-gaap_LiabilitiesAndStockholdersEquity