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Borrowings from Secured and Unsecured Debt Financings (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Outstanding amounts of secured and unsecured term debt financings
The outstanding amounts of our secured and unsecured term debt financings were as follows:
 
At December 31, 2017
 
At
December 31, 2016
Debt Obligation
Outstanding
Borrowings
 
Number of Aircraft
 
Interest Rate
 
Final Stated
Maturity
 
Outstanding
Borrowings
Secured Debt Financings:
 
 
 
 
 
 
 
 
 
ECA Financings(1)
$
227,491

 
6

 
3.02% to 3.96%
 
12/03/21 to 11/30/24
 
$
305,276

Bank Financings(2)
634,898

 
23

 
2.22% to 4.45%
 
09/11/18 to 01/19/26
 
933,541

Less: Debt Issuance Costs
(12,515
)
 
 
 
 
 
 
 
(19,783
)
Total secured debt financings, net of debt issuance costs
849,874

 
29

 
 
 
 
 
1,219,034

Unsecured Debt Financings:
 
 
 
 
 
 
 
 
 
Senior Notes due 2017

 
 
 
6.750%
 
04/15/17
 
500,000

Senior Notes due 2018
400,000

 
 
 
4.625%
 
12/15/18
 
400,000

Senior Notes due 2019
500,000

 
 
 
6.250%
 
12/01/19
 
500,000

Senior Notes due 2020
300,000

 
 
 
7.625%
 
04/15/20
 
300,000

Senior Notes due 2021
500,000

 
 
 
5.125%
 
03/15/21
 
500,000

Senior Notes due 2022
500,000

 
 
 
5.500%
 
02/15/22
 
500,000

Senior Notes due 2023
500,000

 
 
 
5.000%
 
04/01/23
 
500,000

Senior Notes due 2024
500,000

 
 
 
4.125%
 
05/01/24
 

Unsecured Term Loan
120,000

 
 
 
3.589%
 
04/28/19
 
120,000

Revolving Credit Facilities
175,000

 
 
 
3.680%
 
11/21/19 to 05/13/20
 

Less: Debt Issuance Costs
(31,268
)
 
 
 
 
 
 
 
(32,789
)
Total unsecured debt financings, net of debt issuance costs
3,463,732

 
 
 
 
 
 
 
3,287,211

Total secured and unsecured debt financings, net of debt issuance costs
$
4,313,606

 
 
 
 
 
 
 
$
4,506,245

 _______________
(1)
The borrowings under these financings at December 31, 2017 have a weighted-average rate of interest of 3.59%.
(2)
The borrowings under these financings at December 31, 2017 have a weighted-average fixed rate of interest of 3.68%.
Schedule of Maturities of Long-term Debt
Maturities of the secured and unsecured debt financings over the next five years and thereafter are as follows:
Year Ending December 31,
Amount
2018
$
521,377

2019
828,047

2020
473,567

2021
617,680

2022
584,439

Thereafter
1,332,823

Total
$
4,357,933