Net Investment in Finance Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule Of Components Of Investment In Finance Leases

f our net investment in leases at March 31, 2020, and December 31, 2019, were as follows:

	March 31, 2020			December 31, 2019
Lease receivable	$	160,315		$	164,816
Unguaranteed residual value of flight equipment	270,014			254,580
Net investment leases	430,329			419,396
Allowance for credit losses	(9,865		)	—
Net investment in leases, net of allowance	$	420,464		$	419,396

Schedule of Future Minimum Lease Payments for Capital Leases

The activity in the allowance for credit losses related to our net investment in leases for the three months ended March 31, 2020 is as follows:

	Amount
Balance at December 31, 2019	$	—
Adoption of accounting standard	6,270
Provision for credit losses	3,595
Balance at March 31, 2020	$	9,865

At March 31, 2020, future lease payments on net investment in leases are as follows:

Year Ending December 31,	Amount
Remainder of 2020	$	46,034
2021	44,415
2022	33,270
2023	28,523
2024	10,232
Thereafter	21,989
Total lease payments to be received	184,463
Present value of lease payments - lease receivable	(160,315		)
Difference between undiscounted lease payments and lease receivable	$	24,148