Air lease corporation (AL)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and cash equivalents

732

317

291

264

285

300

228

259

252

292

226

239

155

274

226

172

162

156

119

162

210

282

210

244

256

270

221

234

217

230

439

388

803

281

279

445

328

Restricted cash

20

20

44

24

12

22

20

21

19

16

19

22

18

16

17

24

16

16

10

8

16

7

8

14

76

87

85

77

110

106

111

113

112

96

74

68

48

Flight equipment subject to operating leases

21,976

21,286

21,601

20,306

18,668

17,985

17,309

16,962

15,544

15,100

14,397

14,386

14,280

13,597

13,365

13,096

12,550

12,026

11,533

11,082

10,443

9,832

9,727

9,083

8,439

8,234

7,791

7,462

6,981

6,598

6,158

5,881

4,933

4,368

3,433

2,876

1,649

Less accumulated depreciation

2,754

2,581

2,689

2,554

2,383

2,278

2,161

2,098

1,955

1,819

1,725

1,643

1,657

1,555

1,490

1,398

1,311

1,213

1,114

1,012

969

878

829

754

693

621

551

479

410

347

286

228

175

131

92

62

19

Flight equipment subject to operating leases, net

19,222

18,704

18,911

17,752

16,285

15,707

15,148

14,864

13,588

13,280

12,672

12,742

12,623

12,041

11,875

11,697

11,239

10,813

10,419

10,069

9,474

8,953

8,898

8,329

7,746

7,613

7,240

6,983

6,571

6,251

5,872

5,653

4,757

4,237

3,340

2,814

1,629

Deposits on flight equipment purchases

1,576

1,564

1,600

1,694

1,871

1,809

1,573

1,555

1,567

1,562

1,551

1,440

1,331

1,290

1,228

1,132

1,079

1,071

1,084

1,024

1,147

1,144

1,142

1,176

1,180

1,075

966

861

776

564

544

469

440

405

406

319

183

Deferred debt issuance costs-less accumulated amortization of $72,783 and $51,578 as of December 31, 2014 and December 31, 2013, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

89

85

90

90

88

90

80

74

76

73

68

47

46

47

46

Notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3

8

Other assets

1,130

1,102

761

749

724

642

596

554

516

462

431

416

348

352

333

312

284

297

277

400

296

302

195

201

203

196

206

191

199

126

120

109

104

96

70

54

30

Total assets

22,682

21,709

21,609

20,484

19,178

18,481

17,567

17,255

15,944

15,614

14,901

14,861

14,477

13,975

13,680

13,340

12,783

12,355

11,911

11,666

11,145

10,691

10,545

10,052

9,553

9,332

8,808

8,439

7,955

7,353

7,165

6,808

6,286

5,164

4,247

3,753

2,276

Liabilities and Shareholders' Equity
Accrued interest and other payables

491

516

420

453

366

382

310

329

281

309

232

274

223

256

235

227

192

215

168

362

250

190

160

170

146

131

123

112

104

90

95

81

52

54

44

28

22

Debt financing, net of discounts and issuance costs

14,414

13,578

13,751

12,859

11,869

11,538

11,094

10,962

9,887

9,698

9,237

9,303

9,102

8,713

8,554

8,390

8,017

7,712

7,498

7,220

6,954

6,630

6,646

6,284

5,943

5,853

5,466

5,226

4,861

4,384

4,296

4,046

3,657

2,602

1,802

1,383

911

Security deposits and maintenance reserves on flight equipment leases

1,122

1,097

1,091

1,035

971

990

962

933

894

856

850

851

874

856

886

868

865

853

802

763

744

698

680

639

593

569

539

502

453

412

380

350

299

284

232

199

109

Rentals received in advance

134

143

134

124

116

119

109

112

106

104

102

105

102

99

101

95

90

91

84

81

77

75

68

65

60

61

53

49

46

41

36

36

30

26

17

15

8

Deferred tax liability

782

749

749

711

680

643

611

580

548

517

823

768

714

667

615

563

513

461

418

376

334

323

294

260

226

193

164

137

114

92

71

51

35

20

6

-

-

Total liabilities

16,945

16,085

16,147

15,184

14,005

13,674

13,088

12,917

11,718

11,486

11,246

11,303

11,017

10,593

10,392

10,144

9,679

9,335

8,972

8,804

8,360

7,919

7,850

7,420

6,969

6,809

6,347

6,028

5,580

5,021

4,879

4,567

4,075

2,988

2,103

1,627

1,051

Shareholders' Equity
Paid-in capital

2,775

2,777

2,758

2,733

2,717

2,474

2,270

2,265

2,258

2,260

2,248

2,243

2,237

2,237

2,233

2,228

2,224

2,227

2,222

2,218

2,213

2,215

2,204

2,200

2,211

2,209

2,202

2,198

2,203

2,198

2,191

2,183

2,182

2,174

2,165

2,167

1,276

Retained earnings

2,962

2,846

2,702

2,564

2,455

2,331

2,207

2,071

1,966

1,866

1,405

1,314

1,220

1,143

1,054

965

879

791

715

642

570

555

489

430

371

312

257

211

170

133

93

56

28

1

-23

-41

-52

Accumulated other comprehensive loss

-2

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total shareholders' equity

5,736

5,623

5,462

5,299

5,173

4,806

4,478

4,337

4,226

4,127

3,655

3,558

3,459

3,382

3,288

3,195

3,104

3,019

2,939

2,861

2,785

2,772

2,695

2,631

2,583

2,523

2,460

2,411

2,375

2,332

2,285

2,240

2,211

2,176

2,143

2,126

1,224

Total liabilities and shareholders' equity

22,682

21,709

21,609

20,484

19,178

18,481

17,567

17,255

15,944

15,614

14,901

14,861

14,477

13,975

13,680

13,340

12,783

12,355

11,911

11,666

11,145

10,691

10,545

10,052

9,553

9,332

8,808

8,439

7,955

7,353

7,165

6,808

6,286

5,164

4,247

3,753

2,276

Series A Preferred Stock
Preferred Stock, $0.01 par value; 50,000,000 shares authorized; 10,000,000 shares of 6.150% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (aggregate liquidation preference of $250,000) issued and outstanding at December 31, 2019 and no shares issued or outstanding at December 31, 2018

0

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Class A Common Stock
Common Stock

1

1

1

1

1

1

1

1

1

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total shareholders' equity

-

-

-

-

-

-

1

1

1

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-