Lease Rental Revenues and Flight Equipment Held for Lease (Tables)

12 Months Ended

Dec. 31, 2015

Annual future minimum lease rentals receivable

Minimum future annual lease rentals contracted to be received under our existing operating leases of flight equipment at December 31, 2015 were as follows:



Year Ending December 31,	Amount
2016	$	706,122
2017	625,842
2018	553,790
2019	484,976
2020	414,926
Thereafter	1,173,535
Total	$	3,959,191

Geographic concentration of lease rental revenue earnings

Geographic concentration of lease rental revenue earned from flight equipment held for lease was as follows:



	Year Ended December 31,
Region	2015		2014		2013
Europe	28	%	29	%	33	%
Asia and Pacific	42	%	40	%	38	%
North America	5	%	9	%	10	%
Middle East and Africa	9	%	9	%	10	%
South America	16	%	13	%	9	%
Total	100	%	100	%	100	%

Revenue attributable to individual countries

The following table sets forth revenue attributable to individual countries representing at least 10% of total revenue (including maintenance revenue) in any year based on each lessee’s principal place of business for the years indicated:



Year Ending December 31,	2015				2014				2013
Country	Revenue		% of Total Revenue		Revenue		% of Total Revenue		Revenue		% of Total Revenue
Russia⁽¹⁾	$	—	—	%	$	86,512	11	%	$	—	—	%
United States⁽²⁾	—		—	%	—		—	%	74,274		10	%

______________


(1)	Total revenue attributable to Russia was less than 10% for the twelve months ended December 31, 2015 and 2013. For the twelve months ended December 31, 2014, includes $29,867 of maintenance revenue related to early lease terminations.


(2)	Total revenue attributable to the United States was less than 10% for the twelve months ended December 31, 2015 and 2014.

Geographic concentration of net book value of flight equipment held for lease

Geographic concentration of net book value of flight equipment held for lease was as follows:



	December 31, 2015				December 31, 2014
Region	Number of Aircraft		Net Book Value %		Number of Aircraft		Net Book Value %
Asia and Pacific	49		39	%	46		40	%
Europe	64		26	%	65		29	%
South America	22		19	%	13		14	%
Middle East and Africa	9		10	%	6		10	%
North America	17		6	%	17		7	%
Off-lease	1	⁽¹⁾	—	%	1	⁽²⁾	—	%
Total	162		100	%	148		100	%

______________


(1)	Consisted of one Boeing 777-200ER aircraft that was being marketed for lease at December 31, 2015.


(2)	Consisted of one Airbus A320-200 aircraft, which was subject to a commitment to lease and was delivered to our customer in February 2015.