Segment and Geographic Information - Segment Information (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Segment Reporting Information [Line Items] | |||||
Depreciation and amortization | $ 79,368 | $ 135,536 | $ 207,728 | $ 271,617 | |
Leasing margin | 130,562 | 142,925 | 277,938 | 271,834 | |
Transaction and other costs | 0 | (16,139) | 0 | (21,651) | |
Segment Reporting, Other Segment Item, Amount | 0 | (1) | 2 | (47) | |
Total revenues: | 309,878 | 378,989 | 692,918 | 750,274 | |
Interest and debt expense | 58,891 | 61,386 | 127,020 | 122,838 | |
Storage and handling | 10,914 | 13,523 | 20,982 | 31,479 | |
Repair costs | 2,558 | 2,328 | 5,150 | 5,065 | |
Other operating expenses | 1,292 | 1,181 | 3,451 | 3,235 | |
Administrative expenses | 24,287 | 24,012 | 48,413 | 45,821 | |
Other (Income) Expense | 2,006 | (1,902) | 2,236 | (1,615) | |
Net trading margin | 754 | 1,922 | 1,348 | 2,299 | |
Net gain (loss) on sale of leasing equipment | 7,861 | (38,118) | 18,555 | (23,496) | |
Income (loss) before income taxes | 139,177 | 90,589 | 297,843 | 228,939 | |
Assets | 9,902,169 | 11,011,709 | 9,902,169 | 11,011,709 | $ 11,103,403 |
Purchases of leasing equipment and investments in finance leases | 79,994 | 293,852 | 100,194 | 368,160 | |
Equipment Leasing | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Depreciation and amortization | 79,179 | 135,330 | 207,345 | 271,205 | |
Leasing margin | 129,482 | 141,552 | 275,692 | 269,402 | |
Total revenues: | 307,903 | 376,865 | 689,072 | 746,554 | |
Interest and debt expense | 58,500 | 61,217 | 126,379 | 122,505 | |
Storage and handling | 10,914 | 13,523 | 20,982 | 31,479 | |
Repair costs | 2,558 | 2,328 | 5,150 | 5,065 | |
Other operating expenses | 1,292 | 1,181 | 3,451 | 3,235 | |
Administrative expenses | 23,972 | 23,636 | 47,837 | 45,278 | |
Other (Income) Expense | 2,006 | (1,902) | 2,236 | (1,615) | |
Net trading margin | 0 | 0 | 0 | 0 | |
Net gain (loss) on sale of leasing equipment | 7,861 | (38,118) | 18,555 | (23,496) | |
Assets | 9,805,199 | 10,945,904 | 9,805,199 | 10,945,904 | |
Purchases of leasing equipment and investments in finance leases | 79,994 | 293,852 | 100,194 | 368,160 | |
Equipment Trading | Operating Segments | |||||
Segment Reporting Information [Line Items] | |||||
Depreciation and amortization | 189 | 206 | 383 | 412 | |
Leasing margin | 1,080 | 1,373 | 2,246 | 2,432 | |
Total revenues: | 1,975 | 2,124 | 3,846 | 3,720 | |
Interest and debt expense | 391 | 169 | 641 | 333 | |
Storage and handling | 0 | 0 | 0 | 0 | |
Repair costs | 0 | 0 | 0 | 0 | |
Other operating expenses | 0 | 0 | 0 | 0 | |
Administrative expenses | 315 | 376 | 576 | 543 | |
Other (Income) Expense | 0 | 0 | 0 | 0 | |
Net trading margin | 754 | 1,922 | 1,348 | 2,299 | |
Net gain (loss) on sale of leasing equipment | 0 | 0 | 0 | 0 | |
Assets | 96,970 | 65,805 | 96,970 | 65,805 | |
Purchases of leasing equipment and investments in finance leases | $ 0 | $ 0 | $ 0 | $ 0 |
X | ||||||||||
- Definition Leasing Margin No definition available.
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- Definition Net Trading Margin No definition available.
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- Definition The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue, sublease revenue and capital leases. No definition available.
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- Definition Other (Income) Expense No definition available.
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- Definition Repair Expense No definition available.
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- Definition Storage and Handling Expense No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net gain (loss) arising from the lessor's sale of assets held- or available-for-lease under contractual arrangements classified as operating leases. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow for payments to acquire rented equipment which is recorded as an asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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