LEASING EQUIPMENT, NET (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Schedule of Lessor, Operating Leases

Leasing equipment, net is summarized as follows:

	March 31, 2023		December 31, 2022
Leasing equipment	$	2,346,078	$	2,413,230
Less: Accumulated depreciation	(496,416)		(499,677)
Leasing equipment, net	$	1,849,662	$	1,913,553

Lessor, Acquisition and Disposition of Leasing Equipment

The following table presents information related to our acquisitions and dispositions of aviation leasing equipment during the three months ended March 31, 2023:

Acquisitions:
Aircraft	5
Engines	22
Dispositions:
Aircraft	8
Engines	13

Operating Lease, Lease Income

Depreciation expense for leasing equipment is summarized as follows:

	Three Months Ended March 31,
	2023		2022
Depreciation expense for leasing equipment	$	40,766	$	41,203