LEASING EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Lessor, Operating Lease, Carrying Value of Assets Subject to Leases

Leasing equipment, net is summarized as follows:

	December 31,
	2020		2019
Leasing equipment	$	2,042,404	$	2,019,773
Less: Accumulated depreciation	(407,145)		(312,714)
Leasing equipment, net	$	1,635,259	$	1,707,059

Lessor, Acquisition and Disposition of Leasing Equipment

The following table presents information related to acquisitions and dispositions of aviation leasing equipment:

	Year Ended December 31,
	2020	2019	2018
Acquisitions:
Aircraft	20	31	29
Engines	37	31	34
Dispositions:
Aircraft	—	5	1
Engines	25	58	13

Operating Lease, Lease Income

Depreciation expense for leasing equipment is summarized as follows:

	Year Ended December 31,
	2020		2019		2018
Depreciation expense for leasing equipment	$	142,266	$	137,004	$	110,012