AerCap Global Aviation Trust 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Jun. 30, 2015 - shares	Total
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Entity Registrant Name	AERCAP GLOBAL AVIATION TRUST
Entity Central Index Key	1,603,794
Document Fiscal Year Focus	2,015
Entity Filer Category	Non-accelerated Filer
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 809,967	$ 586,349
Restricted cash	27,804	421,170
Trade receivables	129,207	148,454
Flight equipment held for operating leases, net	23,756,812	23,604,926
Maintenance rights intangible and lease premium, net	3,529,846	3,901,737
Flight equipment held for sale	19,533	14,082
Net investment in finance and sales-type leases	397,177	317,062
Prepayments on flight equipment	3,033,435	3,166,381
Other intangibles, net	511,356	523,709
Deferred income tax assets	52,316	52,316
Receivable from AerCap, net	2,468,162	1,345,153
Other assets	539,459	495,705
Total Assets	35,275,074	34,577,044
Liabilities and Equity
Accounts payable, accrued expenses and other liabilities	908,198	979,365
Accrued maintenance liability	2,649,409	2,744,510
Lessee deposit liability	760,410	760,608
Debt	24,801,918	24,568,509
Deferred income tax liabilities	$ 277,069	$ 186,861
Commitments and contingencies
Total Liabilities	$ 29,397,004	$ 29,239,853
Beneficial ownership interests	4,557,641	4,557,641
Additional paid-in capital	25,669	14,876
Accumulated retained earnings	1,218,032	687,814
Total equity before non-controlling interest	5,801,342	5,260,331
Non-controlling interest	76,728	76,860
Total Equity	5,878,070	5,337,191
Total Liabilities and Equity	$ 35,275,074	$ 34,577,044

CONDENSED CONSOLIDATED INCOME S

CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands		1 Months Ended		3 Months Ended		4 Months Ended		5 Months Ended	6 Months Ended
		May. 13, 2014		Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014		Jun. 30, 2014	Jun. 30, 2015
Revenues and other income
Lease revenue				$ 976,252	$ 506,938			$ 506,938	$ 1,953,746
Net gain on sale of assets				54,671	0			0	88,372
Other income				60,387	17,826			17,826	98,897
Total Revenues and other income				1,091,310	524,764			524,764	2,141,015
Expenses
Depreciation and amortization				363,870	194,144			194,144	721,795
Asset impairment				2,382	287			287	2,697
Interest expense				192,349	103,652			103,652	409,266
Leasing expenses				162,893	5,545			5,545	237,194
Transaction and integration related expenses				1,059	44,208			44,208	5,449
Selling, general and administrative expenses				70,708	31,037			31,037	144,475
Other expenses		$ 138		0	0	$ 428		0	0
Total Expenses		138		793,261	378,873	428		378,873	1,520,876
Income before income taxes				298,049	145,891			145,891	620,139
Provision for income taxes				(43,218)	(32,101)			(32,101)	(89,921)
Net income				254,831	113,790			113,790	530,218
Net income attributable to non-controlling interest				0	0			0	0
Net income attributable to beneficial owners				$ 254,831	$ 113,790			$ 113,790	$ 530,218
Predecessor [Member]
Revenues and other income
Lease revenue	[1]	478,282				1,526,885
Flight equipment marketing and gain on aircraft sales		6,307				56,921
Other income		7,026				44,153
Total Revenues and other income		491,615				1,627,959
Expenses
Depreciation and amortization	[2]	214,089				666,134
Asset impairment		7,048	[3]			49,247	[4],[5]
Interest expense	[6]	162,973				496,535
Leasing expenses	[7]	12,699				37,619
Selling, general and administrative expenses		63,311				153,890
Other expenses		2,318				3,298
Total Expenses		462,438				1,406,723
Income before income taxes		29,177				221,236
Provision for income taxes		(9,399)				(77,328)
Net income		19,778				143,908
Net income attributable to beneficial owners		$ 19,778				$ 143,908
[1]	Amount was presented as Rental of flight equipment in the Predecessor financial statements.
[2]	Amount was presented as Depreciation of flight equipment in the Predecessor financial statements.
[3]	Amount was presented as Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed in the Predecessor financial statements.
[4]	Amount was presented as Aircraft impairment charges and fair value adjustments in the Predecessor financial statements.
[5]	Amount was presented as Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed in the Predecessor financial statements.
[6]	Amount was presented as Interest in the Predecessor financial statements.
[7]	Amount was presented as Aircraft costs in the Predecessor financial statements.

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
COMPREHENSIVE INCOME
Net income		$ 254,831	$ 113,790		$ 113,790	$ 530,218
Other comprehensive income:
Change in unrealized fair value adjustments of available-for-sale securities		0	250		250	0
Total other comprehensive income		0	250		250	0
Comprehensive income		$ 254,831	$ 114,040		$ 114,040	$ 530,218
Predecessor [Member]
COMPREHENSIVE INCOME
Net income	$ 19,778			$ 143,908
Other comprehensive income:
Net changes in fair value of cash flow hedges, net of taxes of $(332) for the period beginning April 1, 2014 and ending May 13, 2014 and $(1,118) for the period beginning January 1, 2014 and ending May 13, 2014, and net of reclassification adjustments	610			2,050
Change in unrealized fair value adjustments of available-for-sale securities	51			573
Total other comprehensive income	661			2,623
Comprehensive income	$ 20,439			$ 146,531

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		4 Months Ended
	May. 13, 2014	Jun. 30, 2014	May. 13, 2014	May. 13, 2014
Change in unrealized fair value adjustments of available-for-sale securities, taxes		$ (36)	$ (36)
Predecessor [Member]
Net changes in fair value of cash flow hedges, taxes	$ (332)			$ (1,118)
Change in unrealized fair value adjustments of available-for-sale securities, taxes	$ (28)			$ (313)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		4 Months Ended	5 Months Ended	6 Months Ended
		May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Operating Activities
Net income			$ 113,790	$ 530,218
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			194,144	721,795
Asset impairment			287	2,697
Amortization of debt issuance costs			935	5,207
Amortization of lease premium intangibles			2,995	11,240
Amortization of fair value adjustments on debt			(74,718)	(238,987)
Accretion of fair value adjustments on deposits and maintenance liabilities			15,600	41,022
Maintenance rights write off			0	242,646
Maintenance liability release to income			(2)	(53,022)
Net gain on sale of assets			0	(88,372)
Deferred income taxes			32,065	90,208
Other			1,820	(41,311)
Changes in operating assets and liabilities:
Trade receivables			44,289	19,350
Other assets			27,534	28,187
Accounts payable, accrued expenses and other liabilities			(35,685)	(51,039)
Net cash provided by operating activities			323,054	1,219,839
Investing Activities
Purchase of flight equipment			(207,812)	(1,375,823)
Proceeds from sale or disposal of assets			24,197	485,558
Prepayments on flight equipment			(48,873)	(234,083)
Acquisition of ILFC, net of cash acquired			(195,311)	0
Advance on notes receivable			0	0
Advance on notes receivable related party			(62,495)	(740,643)
Collections of notes receivable			0	0
Collections of finance and sales-type leases			7,194	26,684
Movement in restricted cash			207,430	393,366
Other			0	(14,000)
Net cash used in investing activities			(275,670)	(1,458,941)
Financing Activities
Issuance of debt			2,441,170	1,538,564
Repayment of debt			(1,121,401)	(1,066,168)
Debt issuance costs paid			(41,170)	(13,710)
Maintenance payments received			83,014	285,831
Maintenance payments returned			(39,456)	(280,117)
Security deposits received			18,844	74,202
Security deposits returned			(18,642)	(75,163)
Net cash provided by financing activities			1,322,359	463,439
Net increase in cash and cash equivalents			1,369,743	224,337
Effect of exchange rate changes			152	(719)
Cash and cash equivalents at beginning of period			0	586,349
Cash and cash equivalents at end of period			1,369,895	809,967
Supplemental cash flow information:
Interest paid, net of amounts capitalized			202,854	611,253
Income taxes, net			$ 11	$ 7,998
Predecessor [Member]
Operating Activities
Net income		$ 143,908
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	[1]	666,134
Asset impairment	[2],[3]	49,247
Amortization of debt issuance costs	[4]	27,011
Amortization of debt discount		3,963
Amortization of prepaid lease costs		17,882
Forfeitures of customer deposits		(4,094)
Deferred income taxes	[5]	224,817
Other	[6]	(62,426)
Changes in operating assets and liabilities:
Lease receivables and other assets		65,269
Accrued interest and other payables		7,728
Current income taxes and other tax liabilities	[5]	(148,801)
Net cash provided by operating activities		990,638
Investing Activities
Purchase of flight equipment	[7]	(495,456)
Proceeds from sale or disposal of assets	[8]	124,974
Prepayments on flight equipment	[9]	(176,339)
Advance on notes receivable		(53,468)
Collections of notes receivable		1,338
Collections of finance and sales-type leases		19,838
Movement in restricted cash	[10]	(287,363)
Other		0
Net cash used in investing activities		(866,476)
Financing Activities
Issuance of debt	[11]	1,502,730
Repayment of debt	[12]	(270,858)
Debt issuance costs paid	[13]	(16,650)
Maintenance payments received	[14]	196,957
Maintenance payments returned	[15]	(136,975)
Security deposits received	[16]	69,362
Security deposits returned	[17]	(46,010)
Net change in other deposits		24,587
Dividends paid to AIG		(591,744)
Payment of preferred dividends		(90)
Net cash provided by financing activities		731,309
Net increase in cash and cash equivalents		855,471
Effect of exchange rate changes	[18]	(255)
Cash and cash equivalents at beginning of period		1,351,405
Cash and cash equivalents at end of period		2,206,621
Supplemental cash flow information:
Interest paid, net of amounts capitalized		433,718
Income taxes, net	[19]	1,294
Current income taxes and other tax liabilities reclassified to Deferred income taxes as a result of adoption of new accounting guidance		$ 127,418
[1]	Amount was presented as Depreciation of flight equipment in the Predecessor financial statements.
[2]	Amount was presented as Aircraft impairment charges and fair value adjustments in the Predecessor financial statements.
[3]	Amount was presented as Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed in the Predecessor financial statements.
[4]	Amount was presented as Amortization of deferred debt issue costs in the Predecessor financial statements.
[5]	Current income taxes and other tax liabilities of $127,418 were reclassified to Deferred income taxes on our Predecessor Condensed Consolidated Balance Sheet for the period beginning January 1, 2014 and ending May 13, 2014, as a result of our adoption of new accounting guidance on January 1, 2014.
[6]	Includes foreign exchange adjustments on foreign currency denominated cash, gain on aircraft sales, provision for losses on aircraft asset value guarantees, amortization of fees received on asset value guarantees, and other non-cash items needed to adjust net income.
[7]	Amount was presented as Acquisition of flight equipment in the Predecessor financial statements.
[8]	Amount was presented as Proceeds from disposal of flight equipment in the Predecessor financial statements.
[9]	Amount was presented as Payments for deposits and progress payments in the Predecessor financial statements.
[10]	Amount was presented as Restricted cash in the Predecessor financial statements.
[11]	Amount was presented as Proceeds from debt financing in the Predecessor financial statements.
[12]	Amount was presented as Payments in reduction of debt financing in the Predecessor financial statements.
[13]	Amount was presented as Debt issue costs in the Predecessor financial statements.
[14]	Amount was presented as Overhaul rentals collected in the Predecessor financial statements.
[15]	Amount was presented as Overhaul rentals reimbursed in the Predecessor financial statements.
[16]	Amount was presented as Security and rental deposits received in the Predecessor financial statements.
[17]	Amount was presented as Security and rental deposits returned in the Predecessor financial statements.
[18]	Amount was presented as Effect of exchange rate changes on cash and cash equivalents in the Predecessor financial statements.
[19]	Includes approximately $0.1 million paid to AIG for ILFC tax liability for the period beginning January 1, 2014 and ending May 13, 2014.

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW CONTINUED - USD ($) $ in Thousands	4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Supplemental cash flow information:
Flight equipment reclassified to Net investment in finance and sales-type leases			$ 91,907
Flight equipment reclassified to Other assets		$ 7,016	$ 13,828
Prepayments on flight equipment applied to Acquisition of flight equipment		$ 85,148
Predecessor [Member]
Supplemental cash flow information:
Tax liability paid to AIG	$ 100
Flight equipment reclassified to Net investment in finance and sales-type leases	56,168
Flight equipment reclassified to Net investment in finance and sale-type leases, amount charged to expense	12,731
Prepayments on flight equipment applied to Acquisition of flight equipment	93,662
Security deposits, deferred overhaul rental and other customer deposits applied to Acquisition of flight equipment	8,385
Acquisition of flight equipment, application of Deposits on flight equipment purchases, offset by Security deposits, deferred overhaul rental and other customer deposits	85,277
Flight equipment reclassified to Lease receivables and other assets	52,574
Security deposits, deferred overhaul rental and other customer deposits, were reclassified to Net investment in finance and sales-type leases	1,080
Flight equipment classified as Net investment in finance and sales-type leases reclassified to Flight equipment	7,195
Flight equipment under operating leases reclassified to Net investment in finance and sale-type leases	42,357
Security deposits, deferred overhaul revenue, other customer deposits recorded in income	$ 52,390

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	1. B asis of Presentation The Company AerCap Trust, a Delaware statutory trust, was formed on February 5, 2014. On the Closing Date, immediately after consummation of the AerCap Transaction, all of ILFC’s assets were transferred substantially as an entirety to AerCap Trust, and AerCap Trust assumed substantially all of the liabilities of ILFC. AerCap Ireland Capital Limited, a wholly -owned subsidiary of AerCap Ireland Limited, and ILFC, an indirect wholly-owned subsidiary of AerCap Trust, are the sole beneficiaries of AerCap Trust. Neither AerCap Ireland Limited nor AerCap Ireland Capital Limited are consolidated into the financial statements presented herein, but are related parties to the consolidated AerCap Trust. AerCap Trust, AerCap Ireland Capital Limited, AerCap Ireland Limited and ILFC are all direct or indirect wholly-owned subsidiaries of AerCap. In connection with the Reorganization, AerCap Trust agreed to assume ILFC’s obligations under its debt agreements, including under its various indentures, and AerCap and certain of its subsidiaries agreed to guarantee such obligations. ILFC also agreed to continue to be an obligor under these debt agreements. Accordingly, AerCap Trust became the successor obligor in respect of the bonds issued under ILFC’s various indentures, and as of the Closing Date, AerCap Trust succeeded ILFC as the entity for which financial information is filed with the SEC. Prior to May 14, 2014, ILFC was an indirect wholly-owned subsidiary of AIG. On December 16, 2013, AIG entered into an agreement with AerCap and AerCap Ireland Limited, a wholly-owned subsidiary of AerCap, for the sale of 100 percent of ILFC’s common shares. Following the completion of the AerCap Transaction, we measured the identifiable assets acquired, the liabilities assumed, and non-controlling interest at the Closing Date fair value by applying the acquisition method of accounting. Accordingly, a new basis of accounting was established and, for accounting purposes the old entity, the Predecessor, was terminated and a new entity, the Successor, was created. Predecessor represents ILFC and its consolidated subsidiaries' historical accounting basis and covers the time period prior to May 14, 2014. Successor represents AerCap Trust from its inception on February 5, 2014 and ILFC and its subsidiaries consolidated with AerCap Trust for the time period from May 14, 2014, reflecting the assets and liabilities at fair value by allocating the purchase price to the identifiable assets acquired and liabilities assumed and non-controlling interest pursuant to accounting guidance related to business combinations. Although the Successor was formed on February 5, 2014, Successor had no other activities until the Closing date. The distinction between these periods has been indicated in this Form 10-Q by the inclusion of a vertical line between the Predecessor and Successor columns of our financial statements and in the notes thereto. These separate periods are presented in order to reflect our new accounting basis as of the Closing Date, after applying the acquisition method of accounting. Results presented for periods subsequent to the AerCap Transaction reflect Successor accounting policies. The timing and amount of revenues and expenses recognized in results of operations and the classification of amounts recorded in the financial statements in periods subsequent to the Closing Date may differ from Predecessor’s presentation. Consequently, the financial statements and notes for the Predecessor periods are not comparable to the Successor periods. Despite the separate presentation, our core operations have not changed (see Note 3 — AerCap Transaction ). General The accompanying unaudited, Condensed Consolidated Financial Statements have been prepared in accordance with U.S. GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited, Condensed Consolidated Financial Statements include our accounts and accounts of all other entities in which we have a controlling financial interest. See Note 17— Variable Interest Entities . All material intercompany accounts have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary for a fair statement of the results for the interim periods presented have been included. Operating results for the three and six months ended June 30, 2015 , are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. These statements should be read in conjunction with the Consolidated Financial Statements and footnotes thereto included in our Annual Report for the year ended December 31, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on March 30, 2015. Use of Estimates The preparation of Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For us, the use of estimates is or could be a significant factor affecting acquisition accounting in a business combination, the reported carrying values of flight equipment, intangibles, investments, trade and notes receivable, deferred tax assets and accruals and reserves. Management considers information available from professional appraisers, where possible, to support estimates, particularly with respect to flight equipment. Despite management’s best efforts to accurately estimate such amounts, actual results could materially differ from those estimates. In the three and six months ended June 30, 2015, we changed our estimates of residual values and useful lives of certain aircraft. The changes in estimates are a result of the current market conditions that have negatively affected the useful lives and residual values for such aircraft. The effect for the three and six months ended June 30, 2015 was to reduce Net income by $6.2 million. Prior Period Comparative Information As of December 31, 2014, we finalized all known measurement period adjustments related to the AerCap Transaction, as further described in Note 3 – AerCap Transaction in our Annual Report for the year ended December 31, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on March 30, 2015. The final measurement period adjustments were retrospectively recognized as adjustments in our prior period comparative information. The Condensed Consolidated Income Statement for the six months ended June 30, 2015 includes a reclassification, as compared to the quarterly report on Form 10-Q for the first quarter ended March 31, 2015, of $3.0 million to reduce Lease revenue and Leasing expenses. Commencing in the second quarter of 2015, for MR contracts, the release of maintenance rights intangible and accrued maintenance liability at lease termination are presented on a net basis in the Condensed Consolidated Income Statement. Previously these amounts were presented on a gross basis. There were no changes to the Condensed Consolidated Balance Sheets, Net income or Total Equity as a result of this reclassification in the period. The Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2014 includes a reclassification, as compared to the quarterly report for the second quarter ended June 30, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on August 14, 2014, of $3.3 million to reduce investing cash flows related to Collection for finance and sales-type leases and increase Net cash provided by operating activities for the interest income received associated with the collections for finance and sales-type leases. There were no changes to the Condensed Consolidated Balance Sheets, Net income or Total Equity as a result of this reclassification in the period. Out of Period Adjustment Our Condensed Consolidated Income Statement for the six months ended June 30, 2015 , includes an out of period adjustment which decreased Net income by $14.4 million. This adjustment corrects the capitalized interest on Prepayments on flight equipment in prior periods. Management has determined, after evaluating the quantitative and qualitative aspects of this out of period adjustment, that our current and prior period financial statements taken as a whole are not materially misstated. Reportable Segments We manage our business and analyze and report our results of operations on the basis of one business segment: leasing, financing, sales and management of commercial aircraft and engines.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2 . Summary of Significant Accounting Policies Our significant accounting policies are described in our Annual Report for the year ended December 31, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on March 30, 2015. Recent Accounting Guidance A dopted During 2015: Reporting Discontinued Operations In April 2014, the FASB issued an accounting standard that changes the requirements for presenting a component or group of components of an entity as a discontinued operation and requires new disclosures. Under the standard, the disposal of a component or group of components of an entity should be reported as a discontinued operation if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Disposals of equity method investments, or those reported as held-for-sale, will be eligible for presentation as a discontinued operation if they meet the new definition. The standard also requires entities to provide specified disclosures about a disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation. We adopted the standard on its required effective date of January 1, 2015 and it did not have any effect on our consolidated financial condition, results of operations or cash flows. Future Application of Accounting Guidance: Revenue from Contracts with Customers In May 2014, the FASB issued an accounting standard that provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. This guidance does not apply to lease contracts with customers. The standard will require an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This update creates a five-step model that requires entities to exercise judgment when considering the terms of the contract(s) which include (i) identifying the contract(s) with the customer, (ii) identifying the separate performance obligations in the contract, (iii) determining the transaction price, (iv) allocating the transaction price to the separate performance obligations, and (v) recognizing revenue when each performance obligation is satisfied. This standard was originally effective for the fiscal year beginning after December 1, 2016 and subsequent interim periods. In August 2015, the FASB issued an update to the standard which defer s the effective date by one year, to January 1, 2018. The standard may be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of applying this standard recognized at the date of adoption. Early adoption would be permitted but not before the original effective date. We plan to adopt the standard on its required effective date of January 1, 2018. We are evaluating the effect the adoption of the standard will have on our consolidated financial condition, results of operations and cash flows. Disclosure of Going Concern Uncertainties In August 2014, the FASB issued an accounting standard that requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosure in certain circumstances. The new standard will be effective for all entities in the first annual period ending after December 15, 2016. Earlier adoption is permitted. We plan to adopt the standard on its required effective date of January 1, 2017. Amendments to the Consolidation Analysis In February 2015, the FASB issued an accounting standard that affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. Specifically, the amendments modify the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities; eliminate the presumption that a general partner should consolidate a limited partnership; affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. This standard will be effective for interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The standard may be applied retrospectively or through a cumulative effect adjustment to equity as of the beginning of the year of adoption. We plan to adopt the standard on its required effective date of January 1, 2016. We are evaluating the effect the adoption of the standard will have on our consolidated financial condition, results of operations and cash flows. Presentation of Debt Issuance Costs In April 2015, the FASB issued an accounting standard that requires debt issuance costs related to a recognized debt liability to be presented on the balance sheet as a direct deduction from the debt liability. The standard is effective for fiscal years beginning after December 15, 2015 . Early adoption is permitted . Upon adoption, the standard should be applied retrospectively to all prior periods presented in the financial statements. We plan to adopt the standard on its required effective date of January 1, 2016. The adoption of this standard will only result in a change in presentation of these costs on our Condensed Consolidated Balance Sheets .

AerCap Transaction

AerCap Transaction	6 Months Ended
	Jun. 30, 2015
AerCap Transaction [Abstract]
AerCap Transaction	3 . AerCap Transaction On May 14, 2014, AerCap and AerCap Ireland Limited, a wholly-owned subsidiary of AerCap, completed the purchase of 100 percent of ILFC's common shares from AIG (the “AerCap Transaction”). The total consideration paid to AIG on the Closing Date consisted of $2.4 billion in cash and 97,560,976 newly-issued AerCap ordinary shares. Immediately following the AerCap Transaction, AIG owned approximately 46 percent of AerCap. On June 9, 2015, AIG sold 71,184,686 of its AerCap ordinary shares in a secondary public offering pursuant to a registration statement on Form F-3 that was filed with the SEC on March 31, 2015 by AerCap in accordance with the terms of a registration rights agreement AerCap entered into with AIG in connection with the AerCap Transaction. Also on June 9, 2015, AerCap repurchased 15,698,588 of its ordinary shares from AIG for consideration consisting of $500 million of junior subordinated notes issued to AIG and $250 million of cash on hand (the “Share Repurchase”). Following the secondary public offering and the Share Repurchase, AIG owns approximately 5.4 percent of AerCap. AerCap Trust reported transaction and integration expenses related to the AerCap Transaction of $1.1 million and $ 44.2 million for the three months ended June 30, 2015 and 2014 , respectively, and $ 5.4 million and $ 44.2 million for the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 , respectively. Those expenses are included in the Successor's Condensed Consolidated Income Statements and consist primarily of severance and other compensation expenses. The following unaudited pro forma summary presents consolidated information of AerCap Trust as if the AerCap Transaction had been consummated on January 1, 2013: Pro Forma Pro Forma Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 (Dollars in thousands) Total Revenues and other income $ $ Net income

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	4. Related Party Transactions Related Parties: As a result of the AerCap Transaction, AIG held a significant ownership interest in AerCap. Consequently, AIG and its subsidiaries are considered related parties both before and after the Closing Date. Following the secondary public offering and the Share Repurchase, AIG owns approximately 5.4 percent of AerCap. AerCap and its consolidated subsidiaries, including AerCap Ireland Limited, and AerCap Ireland Capital Limited are related parties after the Closing Date. Successor Debt: In June 2015, Aer Cap Trust issued $500 million of junior subordinated notes due 2045 to AIG. See Note 3 – AerCap Transaction and Note 12 – Debt . We paid no fees or interest to AIG during the three or six months ended June 30, 2015 . Derivatives: The counterparty of all of our interest rate swap agreements is AIG Markets, Inc., a wholly-owned subsidiary of AIG, and these swap agreements are guaranteed by AIG. See Note 10— Derivative Financial Instruments and Note 18— Fair Value Measurements . Management Fees: We earn management fees from two trusts consolidated by AIG (the ‘‘Castle Trusts’’) for the management of aircraft the Predecessor sold to the trusts in prior years. Dividends and Capital Contribution: During the six months ended June 30, 2015 and the year ended December 31, 2014 , we recorded share-based compensation of $10.8 million and $14.9 million, respectively, as a capital contribution in Additional paid-in-capital for AerCap share-based awards. Transactions with AerCap: AerCap provides us with certain managerial, finance, technical, marketing and support services which are essential to our business operations. We compensate AerCap for these services in accordance with AerCap’s global transfer pricing methodology. We had a net receivable from AerCap of $2,468.2 million as of June 30, 2015 and $ 1,345.2 million as of December 31, 2014 relating to operational activities of AerCap including, but not limited to, the issuance and payoff of third-party debt, the purchase and transfer of aircraft, management fees allocated by AerCap and other cash transfers in the ordinary course of business. Aircraft Leased to AerCap: Some of our aircraft are on lease to AerCap, which leases the aircraft to airlines. We recorded commission expense to AerCap of $ 0.2 million and $ 0.7 million for the three and six months ended June 30, 2015 , respectively, related to those leases. We did no t record any commission expense to AerCap during the three months ended June 30, 2014 or the period beginning February 5, 2014 and ending June 30, 2014 . Predecessor Related Party Allocations and Fees: Prior to May 14, 2014, we were party to cost sharing agreements, including with respect to tax, with AIG. Generally, these agreements provided for the allocation of corporate costs based upon a proportional allocation of costs to all subsidiaries. Our management believed the proportionate method used to allocate corporate costs was reasonable. It was not practicable to determine what the amounts of those expenses would have been had we operated on a standalone basis. We earned management fees from two trusts consolidated by AIG (the ‘‘Castle Trusts’’) for the management of aircraft we sold to the trusts in prior years. For the period preceding our sale by AIG to AerCap, we were included in the consolidated federal income tax return of AIG as well as certain state tax returns, where AIG files on a combined/unitary basis. Settlement with AIG for taxes was determined in accordance with the tax sharing agreement we had with AIG up to the Closing Date. Prior to the Closing Date, under an agreement AIG entered into with AerCap, net tax payments under the tax sharing agreement were temporarily suspended, and the tax sharing agreement with AIG was terminated upon consummation of the AerCap Transaction. Our U.S. federal and state tax liabilities for tax years prior to May 14, 2014, including the liability related to unrecognized tax benefits, remained with AIG. Dividends and Capital Contribution: On May 13, 2014, ILFC paid a special distribution of $600.0 million to AIG, which ILFC was required to pay prior to the completion of the AerCap Transaction in accordance with the Share Purchase Agreement. The special distribution was recorded in Retained earnings as a dividend. During the period beginning January 1, 2014 and ending May 13, 2014, an additional $1.4 million was recorded in Retained earnings as a dividend, when ILFC paid a fee to satisfy a statutory law requirement on behalf of AIG. Additionally, Predecessor recorded a decrease in Retained earnings of $5.3 million, net of tax of $2.9 million, to record a non-cash dividend reflecting the difference between the proceeds received and the net carrying value of a corporate aircraft sold to AIG. Predecessor recorded an increase to Retained earnings of $9.6 million for a receipt from AIG for certain expected separate company tax liabilities, as required under the AerCap sales agreement. Derivatives and Insurance Premiums: The counterparty of all of our interest rate swap agreements was AIG Markets, Inc., a wholly-owned subsidiary of AIG. See Note 10— Derivative Financial Instruments and Note 18— Fair Value Measurements . In addition, we purchased insurance through a broker who may have placed part of our policies with AIG. Total insurance premiums were $2.2 million for the period beginning January 1, 2014 and ending May 13, 2014. Our financial statements include the following amounts involving related parties: Successor Predecessor Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 Income Statement (Dollars in thousands) Expense (income): Allocated corporate costs from AerCap $ $ $ — Interest income on Receivable from AerCap — — Effect from derivative contracts with AIG Markets, Inc. (Note 10) Interest on derivative contracts with AIG Markets, Inc. Management fees received from Castle Trusts Commission revenue from AerCap for consigned aircraft — — Lease commission to AerCap — — Corporate costs from AIG, including allocations Interest on time deposit account with AIG Markets (a) ____________________________ (a) Predecessor had a 30-day interest bearing time deposit account with AIG Markets, Inc., which was terminated in connection with the AerCap Transaction. Successor Predecessor Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 Income Statement (Dollars in thousands) Expense (income): Allocated corporate costs from AerCap $ $ $ — Interest income on Receivable from AerCap — — Effect from derivative contracts with AIG Markets, Inc. (Note 10) Interest on derivative contracts with AIG Markets, Inc. Management fees received from Castle Trusts Commission revenue from AerCap for consigned aircraft — — Lease commission to AerCap — — Corporate costs from AIG, including allocations Interest on time deposit account with AIG Markets (a) ____________________________ (a) Predecessor had a 30-day interest bearing time deposit account with AIG Markets, Inc., which was terminated in connection with the AerCap Transaction. Successor June 30, December 31, 2015 2014 Balance Sheet (Dollars in thousands) Asset (liability): Receivable from AerCap, net $ $ Receivable from AIG for compensation programs Junior Subordinated Notes (Note 12) — Derivative liabilities (Note 10) Equity increase (decrease): Share-based compensation Successor Cash flow activities: The following related party transactions are reflected in the Successor Statement of Cash Flows for the six months ended June 30, 2015 : (i) Cash transfers to or from related parties; (ii) proceeds from the issuance of debt , (iii) revenue received on aircraft leased to a related party; (iv ) maintenance claims paid on our behalf by related parties; and ( v) corporate expenses either paid by us on behalf of a related party or paid by related parties on our behalf.

Flight Equipment Held for Opera

Flight Equipment Held for Operating Leases, Net	6 Months Ended
	Jun. 30, 2015
Flight Equipment Held for Operating Leases, Net [Abstract]
Flight Equipment Held for Operating Leases, Net	5. Flight Equipment Held for Operating Leases, Net Movements in flight equipment held for operating leases during the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 were as follows: Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Net book value at beginning of period $ $ — AerCap Transaction — Additions Depreciation Impairment Transfers to AerCap — Disposals/Transfers to Held for sale Transfers to Net investment in finance and sales-type leases/Inventory Net book value at end of period $ $ Accumulated depreciation at June 30, 2015 and June 30, 2014, respectively $ $

Maintenance Rights Intangible a

Maintenance Rights Intangible and Lease Premium, Net	6 Months Ended
	Jun. 30, 2015
Maintenance Rights Intangible and Lease Premium, Net [Abstract]
Maintenance Rights Intangible and Lease Premium, Net	6. Maintenance Rights Intangible and Lease Premium, Net Maintenance rights intangible and lease premium consisted of the following at June 30, 2015 and December 31, 2014 : Successor June 30, December 31, 2015 2014 (Dollars in thousands) Maintenance rights intangible $ $ Lease premium $ $ Movements in m aintenance rights intangible during the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 were as follows: Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Maintenance rights intangible, net at beginning of period $ $ — AerCap Transaction — EOL and MR contract maintenance rights expense — MR contract maintenance rights write off due to maintenance liability release — EOL contract maintenance rights write off due to cash receipt — EOL and MR contract intangible write off due to sale of aircraft Transfers to AerCap — Maintenance rights intangible, net at end of period $ $ The following table presents details of Lease premium and related accumulated amortization at June 30, 2015 and December 31, 2014 : Successor June 30, 2015 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Lease premium $ $ $ Successor December 31, 2014 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Lease premium $ $ $ Lease premiums that are fully amortized are removed from the gross carrying amount and accumulated amortization columns in the tables above. During the three months ended June 30, 2015 and 2014 we recorded amortization expense for lease premium of $5.5 million and $3.0 million, respectively. During the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 , we recorded amortization expense for lease premium of $11.2 million and $3.0 million, respectively.

Other Intangibles, Net

Other Intangibles, Net	6 Months Ended
	Jun. 30, 2015
Other Intangibles, Net [Abstract]
Other Intangibles, Net	7. Other Intangibles, Net Other intangibles consisted of the following at June 30, 2015 and December 31, 2014 : Successor June 30, December 31, 2015 2014 (Dollars in thousands) Goodwill $ $ Customer relationships Contractual vendor intangible assets Tradename and other intangible assets $ $ The following table presents details of customer relationships and tradename and other intangible assets and related accumulated amortization at June 30, 2015 and December 31, 2014 : Successor June 30, 2015 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Customer relationships $ $ $ Tradename and other intangible assets $ $ $ Successor December 31, 2014 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Customer relationships $ $ $ Tradename and other intangible assets $ $ $ During the three months ended June 30, 2015 and 2014 we recorded amortization expense for customer relationships and tradename and other intangible assets of $8.5 million and $4.4 million, respectively. During the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 , we recorded amortization expense for customer relationships and tradename and other intangible assets of $17.0 million and $4.4 million, respectively.

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2015
Other Assets [Abstract]
Other Assets	8. Other Assets Other assets for the Successor were comprised of the following at June 30, 2015 and December 31, 2014 : Successor June 30, December 31, 2015 2014 (Dollars in thousands) Inventory $ $ Other receivables Notes receivable, net (a) (b) Debt issuance costs Lease incentives Other tangible fixed assets Straight-line rents, prepaid expenses and other $ $ ____________________________ (a) As of June 30, 2015 , we had a $2.0 million balance in our allowance for credit losses on notes receivable resulting from a $2.0 million provision recorded during the six months ended June 30, 2015 . (b) As of December 31, 2014 , we did no t have an allowance for credit losses on notes receivable and there was no activity recorded for credit losses during the Successor period beginning February 5, 2014 and ending December 31, 2014 or the Predecessor period beginning January 1, 2014 and ending May 13, 2014 .

Accounts Payable, Accured Expen

Accounts Payable, Accured Expenses and Other Liabilities	6 Months Ended
	Jun. 30, 2015
Accounts Payable, Accured Expenses and Other Liabilities [Abstract]
Accrued Expenses, Accounts Payable and Other Liabilities	9. Accounts Payable, Accrued Expenses and Other Liabilities Accounts payable, accrued expenses and other liabilities for the Successor were comprised of the following at June 30, 2015 and December 31, 2014 : Successor June 30, December 31, 2015 2014 (Dollars in thousands) Accounts payable and accrued expenses $ $ Deferred revenue Accrued interest Asset value guarantees (Note 16) Derivative liabilities (Note 4 and Note 10) $ $

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	10. Derivative Financial Instruments From time to time, we employ a variety of derivatives to manage exposures to interest rate and foreign currency risks. At June 30, 2015 , we had interest rate swap agreements maturing through August 2015 that the Predecessor previously entered into with a subsidiary of AIG. Following the AerCap Transaction, our interest rate swap agreements ceased to qualify for hedge accounting and as a result we record changes in market values in income. Our interest rate swap agreements are subject to a master netting agreement, which would allow the netting of derivative assets and liabilities in the case of default under any one contract. Our interest rate swap agreements are recorded at fair value in Accounts payable, accrued expenses and other liabilities on the Successor's Condensed Consolidated Balance Sheets (see Note 18— Fair Value Measurements ). All of our interest rate swap agreements were in a liability position at June 30, 2015 . Our derivative contracts do not have any credit risk related contingent features and we are not required to post collateral under any of our existing derivative contracts. Prior to the AerCap Transaction, all of our interest rate swap agreements were designated as cash flow hedges and changes in fair value of cash flow hedges were recorded in OCI. Predecessor had previously de-designated and re-designated certain derivative contracts. The balance accumulated in AOCI at the time of the de-designation was amortized into income over the remaining life of the previously hedged item. In connection with the AerCap Transaction, we applied the acquisition method of accounting and all amounts remaining in AOCI were eliminated. Derivatives have notional amounts, which generally represent amounts used to calculate contractual cash flows to be exchanged under the contract. The following tables present notional amounts and fair values of derivatives outstanding at June 30, 2015 and December 31, 2014 : Successor June 30, 2015 Notional Amount Fair Value (Dollars in thousands) Derivatives not qualifying for hedge accounting: Interest rate swap agreements (a) $ $ Total Derivative Liabilities $ Successor December 31, 2014 Notional Amount Fair Value (Dollars in thousands) Derivatives not qualifying for hedge accounting: Interest rate swap agreements (a) $ $ Total Derivative Liabilities $ ____________________________ (a) Converts floating interest rate debt into fixed rate debt. We recorded the following in OCI related to derivative instruments for the respective periods: Predecessor Period beginning Period beginning April 1, 2014 January 1, 2014 and ending and ending May 13, 2014 May 13, 2014 Gain (Loss) (Dollars in thousands) Effective portion of change in fair market value of derivatives: Interest rate swap agreements $ (a) $ (a) Amortization of balances of de-designated hedges and other adjustments Income tax effect Net changes in cash flow hedges, net of taxes $ $ __________________________ (a) Includes the following: Period beginning April 1, 2014 and ending May 13, 2014 : (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(22) ; and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $830 . Period beginning January 1, 2014 and ending May 13, 2014 : (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(93) ; and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $2,845 . The following tables present the effect of derivatives recorded in Interest expense (Successor) and Other expenses (Predecessor) on the Condensed Consolidated Income Statements: Amount of Gain or (Loss) Recognized in Income on Derivatives Successor Predecessor(a) Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 (Dollars in thousands) Derivatives designated as cash flow hedges: Ineffectiveness of interest rate swap agreements (b) $ — $ — $ Derivatives not designated as a hedge: Interest rate swap agreements — Reconciliation to Condensed Consolidated Income Statements: Reclassification of amounts de-designated as hedges recorded in AOCI — — Effect from derivatives $ $ $ __________________________ (a) All components of each derivative's gain or loss were included in the assessment of effectiveness. (b) Amounts were presented as Interest rate swap agreements in the Predecessor financial statements. Amount of Gain or (Loss) Recognized in Income on Derivatives Successor Predecessor(a) Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 (Dollars in thousands) Derivatives designated as cash flow hedges: Ineffectiveness of interest rate swap agreements (b) $ — $ — $ Derivatives not designated as a hedge: Interest rate swap agreements — Reconciliation to Condensed Consolidated Income Statements: Reclassification of amounts de-designated as hedges recorded in AOCI — — Effect from derivatives $ $ $ __________________________ (a) All components of each derivative's gain or loss were included in the assessment of effectiveness. (b) Amounts were presented as Interest rate swap agreements in the Predecessor financial statements.

Accrued Maintenance Liability

Accrued Maintenance Liability	6 Months Ended
	Jun. 30, 2015
Accrued Maintenance Liability [Abstract]
Accrued Maintenance Liability	11. Accrued Maintenance Liability Movements in Accrued maintenance liability during the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 were as follows: Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Accrued maintenance liability at beginning of period $ $ — AerCap Transaction — Maintenance payments received Maintenance payments reimbursed Transfers to AerCap — Release to income Lessor contribution and top ups — Interest accretion Accrued maintenance liability at end of period $ $

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt [Abstract]
Debt	12. Debt As of June 30, 2015 , the principal amount of our outstanding indebtedness totaled $ 23.7 billion, which excludes fair value adjustments of $1.1 billion. As of June 30, 2015 , we remain in compliance with the respective financial covenants across our various debt obligations. The following table provides a summary of our indebtedness: Successor Weighted average June 30, December 31, interest rate 2015 2014 June 30, 2015 (a) Maturity (Dollars in thousands) Unsecured ILFC Legacy Notes $ $ % 2015 - 2022 AerCap Trust & AerCap Ireland Capital Limited Notes % 2017 - 2022 Fair value adjustment TOTAL UNSECURED Secured Export credit facilities % 2015 - 2025 Senior secured notes % 2016 - 2018 Institutional secured term loans % 2020 - 2021 AeroTurbine revolving credit agreement % 2019 Camden Facility % 2018 Fair value adjustment TOTAL SECURED Subordinated ECAPS subordinated notes % 2065 Junior Subordinated Notes (Note 4) — % 2045 Fair value adjustment TOTAL SUBORDINATED $ $ ____________________________ (a) The weighted average interest rate is calculated based on the U.S. dollar LIBOR rate as of June 30, 2015 , and excludes the impact of related derivative instruments which we hold to hedge our exposure to interest rates as well as any amortization of debt issuance costs. Collateral Pledged for Secured Debt As of June 30, 2015 , we had pledged as collateral 401 aircraft with an aggregate net book value of $10.3 billion. AeroTurbine’s assets serve as collateral for the AeroTurbine revolving credit facility. As of June 30, 2015 , the outstanding principal balance on the secured debt totaled $7.4 billion, which excludes fair value adjustments of $0.2 billion. Additional details of the principal terms of our indebtedness can be found in our quarterly report on Form 10-Q for the first quarter ended March 31, 2015. There have been no material changes to our indebtedness besides scheduled repayments, since the filing of that report, except for those described below. AerCap Trust & AerCap Ireland Capital Limited Notes In June 2015, AerCap Trust and AerCap Ireland Capital Limited co-issued $1.0 billion aggregate principal amount of senior unsecured notes, consisting of $500 million of 4.250% notes due 2020 and $500 million of 4.625% notes due 2022 (collectively, the “Shelf Takedown Notes”), the issuance of which was registered with the SEC. The proceeds from the offering were used for general corporate purposes. The Shelf Takedown Notes are guaranteed by AerCap and certain of its subsidiaries. The indenture governing the Shelf Takedown Notes contains customary covenants that, among other things, restrict our, and our restricted subsidiaries’ ability to (i) incur liens on assets; (ii) declare or pay dividends or acquire or retire shares during certain events of default; (iii) designate restricted subsidiaries as non-restricted subsidiaries; (iv) make investments in or transfer assets to non-restricted subsidiaries; and (v) consolidate, merge, sell, or otherwise dispose of all or substantially all of our assets. The indenture also provides for customary events of default, including, but not limited to, the failure to pay scheduled principal and interest payments on the notes, the failure to comply with covenants and agreements specified in the indenture, the acceleration of certain other indebtedness resulting from non-payment of that indebtedness and certain events of insolvency. If any event of default occurs, any amount then outstanding under the indenture may immediately become due and payable. We may redeem the Shelf Takedown Notes, in whole or in part, at any time at a price equal to 100% of the aggregate principal amount plus the applicable “make-whole” premium plus accrued and unpaid interest, if any, to the redemption date. The “make-whole” premium is the excess of (i) the sum of the present value at such redemption date of all remaining scheduled payments of principal and interest on such notes through the stated maturity date of the notes (excluding accrued but unpaid interest to the redemption date), discounted to the date of redemption using a discount rate equal to the Treasury Rate plus 50 basis points; over (ii) the principal amount of the notes to be redeemed. Institutional Secured Term Loans Vancouver Facility In May 2015, we entered into an amendment to our Vancouver secured term loan facility to extend the maturity date from June 2017 to April 2020. Junior Subordinated Notes In June 2015, AerCap Trust issued $500 million of junior subordinated notes due 2045 (the “Junior Subordinated Notes”), to AIG. The Junior Subordinated Notes initially bear interest at a fixed interest rate of 6.50%, and beginning in June 2025 bear interest at a floating rate of three-month LIBOR plus 4.30% . The notes were issued to AIG as payment for a portion of the Share Repurchase. Upon the issuance of the Junior Subordinated Notes, the amount available to AerCap under the AIG revolving credit facility was reduced from $1.0 billion to $500 million. We may defer any interest payments on the Junior Subordinated Notes for up to five consecutive years for one or more deferral periods. At the end of five years following the commencement of any deferral period, we must pay all accrued and unpaid deferred interest, including compounded interest. During a deferral period, interest will continue to accrue on the Junior Subordinated Notes and deferred interest will bear additional interest, compounded on each interest payment date. If we have paid all deferred interest (including compounded interest thereon) on the Junior Subordinated Notes, then we may again defer interest payments. The Junior Subordinated Notes are guaranteed by AerCap and certain of its subsidiaries. We may at our option redeem the Junior Subordinated Notes before their maturity (i) in whole or in part, at any time and from time to time, on or after June 15, 2025 at 100% of their principal amount plus any accrued and unpaid interest thereon; (ii) in whole, but not in part, before June 15, 2025 at the make-whole redemption price, if an applicable rating agency makes certain changes to the equity credit criteria for securities such as the Junior Subordinated Notes; (iii) in whole, but not in part, at any time at 100% of their principal amount plus any accrued and unpaid interest thereon in the event that we become or would become obligated to pay any additional amounts as a result of a change in tax laws, regulations or official interpretations; or (iv) in whole, but not in part, at 101% of their principal amount plus any accrued and unpaid interest thereon within 60 days after the occurrence of a “change of control triggering event” consisting of a change of control and a decline in the rating of our senior unsecured debt securities by two applicable rating agencies. In the event that we do not redeem the Junior Subordinated Notes in connection with a change of control triggering event, the then-applicable annual interest rate borne by the Junior Subordinated Notes will increase by 5.00% . The Junior Subordinated Notes are junior subordinated unsecured obligations, rank equally with all of AerCap Trust’s future equally ranking junior subordinated indebtedness, if any, and are subordinate and junior in right of payment to all of AerCap Trust’s existing and future senior indebtedness. We are required to register the Junior Subordinated Notes for resale under the Securities Act upon noteholder request pursuant to a registration rights agreement, which includes an obligation for us to file a Form F-3 to cover resales of the Junior Subordinated Notes from time to time.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	13. Income Taxes The Successor, a Delaware statutory trust, is a pass-through entity that is not subject to tax in the U.S. or Ireland. Rather, its beneficiaries, AerCap Ireland Capital Limited and ILFC, are subject to tax. As the majority of the Successor’s income and expense is subject to tax by AerCap Ireland Capital Limited, an Irish limited company, the Successor is presented as an Irish tax resident whose earnings are subject to Irish corporate income tax. The Predecessor foreign entities were generally treated as foreign disregarded entities of a U.S. corporation for U.S federal income tax purposes. Accordingly, the Predecessor’s U.S. and foreign income were subject to U.S. federal income tax on a current basis. The Successor's effective tax rate for the three and six months ended June 30, 2015 was 14.5% as compared to 22.0% for the three months ended June 30, 2014 and the period beginning February 5, 2014 and ending June 30, 2014 . The Predecessor's effective tax rate for the period beginning April 1, 2014 and ending May 13, 2014 and the period beginning January 1, 2014 and ending May 13, 2014 were 32.2% and 35.0% , respectively. The Successor's effective tax rate is lower than the Predecessor's primarily due to the effect of the Reorganization, which resulted in the majority of the Successor’s earnings now being taxed at the lower Irish income tax rate. The Predecessor’s effective tax rate was impacted by minor permanent items and interest accrued on uncertain tax positions and IRS audit adjustments.

Other Income

Other Income	6 Months Ended
	Jun. 30, 2015
Other Income [Abstract]
Other Income	14. Other Income Other income includes the following: Successor Predecessor Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 (Dollars in thousands) AeroTurbine Engines, airframes, parts and supplies revenue $ $ $ Cost of goods sold (a) Gross profit Management fees, interest and other (b) (c)(d) $ $ $ ____________________________ (a) Amounts were presented as Cost of sales in the Predecessor financial statements. (b) Amounts were presented as Interest and other in the Predecessor financial statements. (c) Includes interest and other income from AerCap in the three months ended June 30, 2015 . See Note 4— Related Party Transactions . (d) Includes a $17.0 million gain from the settlement of an asset value guarantee in three months ended June 30, 2015 . Successor Predecessor Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 (Dollars in thousands) AeroTurbine Engines, airframes, parts and supplies revenue $ $ $ Cost of goods sold (a) Gross profit Management fees, interest and other (b) (c)(d) $ $ $ ____________________________ (a) Amounts were presented as Cost of sales in the Predecessor financial statements. (b) Amounts were presented as Interest and other in the Predecessor financial statements. (c) Includes interest and other income from AerCap in the six months ended June 30, 2015 . See Note 4— Related Party Transactions . (d) Includes a $17.0 million gain from the settlement of an asset value guarantee in the six months ended June 30, 2015 .

Selling, General and Administra

Selling, General and Administrative Expenses	6 Months Ended
	Jun. 30, 2015
Selling, General and Administrative Expenses [Abstract]
Selling, General and Administrative Expenses	15. Selling, General and Administrative Expenses Selling, general and administrative expenses include the following: Successor Period beginning Six Months February 5, 2014 Three Months Ended June 30, Ended and ending 2015 2014 June 30, 2015 June 30, 2014 (Dollars in thousands) Personnel expenses $ $ $ $ Travel expenses Professional services Office expenses Other expenses (a) $ $ $ $ ____________________________ (a) Includes allocated corporate costs from AerCap. See Note 4 — Related Party Transactions .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Aircraft on Order At June 30, 2015 , we had commitments to purchase 326 new aircraft scheduled for delivery through 202 2 . The majority of these commitments to purchase new aircraft are based upon agreem ents with Boeing, Airbus or Embraer . Movements in P repayments on flight equipment and capitalized interest during the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 were as follows : Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Prepayments on flight equipment and capitalized interest at beginning of period $ $ — AerCap Transaction — Prepayments made during the period Interest capitalized during the period (a) Transfers to AerCap — Prepayments and capitalized interest applied to the purchase of flight equipment Prepayments on flight equipment and capitalized interest at end of period $ $ ____________________________ (a) Includes an out of period adjustment of $16.9 million recorded during the six months ended June 30, 2015 . See Note 1 — Basis of Presentation . Asset Value Guarantees ILFC had previously contracted to provide guarantees on a portion of the residual value of aircraft owned by third parties for a fee. These guarantees expire at various dates through 2023 and generally obligate us to pay the shortfall between the fair market value and the guaranteed value of the aircraft and, in certain cases, provide us with an option to purchase the aircraft for the guaranteed value. During the second quarter of 2015, we settled one asset value guarantee and recognized a $17.0 million gain, and as of June 30, 2015 , 10 guarantees were outstanding. We have an agreement in place to sell one of the aircraft in the second half of 2015. We regularly review the underlying values of the aircraft collateral to determine our exposure under asset value guarantees. We did no t record any provisions for losses on asset value guarantees during the Successor three or six months ended June 30, 2015, the Successor three months ended June 30, 2014, the Successor period beginning February 5, 2014 and ending June 30, 2014 , the Predecessor period beginning April 1, 2014 and ending May 13, 2014, or the Predecessor period beginning January 1, 2014 and ending May 13, 2014. At June 30, 2015 and December 31, 2014 , the carrying value of the asset value guarantee liability was $102.5 million and $133.5 million, respectively, and was included in Accounts payable, a ccrued expenses and other liabilities on our Condensed Consolidated Balance Sheets. At June 30, 2015 , t he maximum aggregate potential commitment that we were obligated to pay under these guarantees, including those exercised, and without any offset for the projected value of the aircraft or other contractual features that may limit our exposure, was approximately $264.4 million. Legal Proceedings In the ordinary course of our business, we are a party to various legal actions, which we believe are incidental to the operations of our business. The Company regularly reviews the possible outcome of such legal actions, and accrues for such legal actions at the time a loss is probable and the amount of the loss can be estimated. In addition, the Company also reviews the applicable indemnities and insurance coverage. Based on information currently available, we believe the potential outcome of those cases where we are able to estimate reasonably possible losses, and our estimate of the reasonably possible losses exceeding amounts already recognized, on an aggregated basis, is immaterial to our consolidated financial condition, results of operations or cash flows. Yemen Airways-Yemenia: ILFC is named in a lawsuit in connection with the 2009 crash of an Airbus A310-300 aircraft owned by ILFC and on lease to Yemen Airways-Yemenia, a Yemeni carrier ("Hassanati Action"). The Hassanati plaintiffs are families of deceased occupants of the flight and seek unspecified damages for wrongful death, costs, and fees. The Hassanati Action commenced in January 2011 and is pending in the United States District Court for the Central District of California. On February 18, 2014, the district court granted summary judgment in ILFC's favor and dismissed all of the Hassanati plaintiffs' remaining claims. The Hassanati plaintiffs have appealed the judgment. On August 29, 2014, a new group of plaintiffs filed a lawsuit against ILFC in the United States District Court for the Central District of California (the "Abdallah Action"). The Abdallah Action claims unspecified damages from ILFC on the same theory as does the Hassanati Action. We believe that ILFC has substantial defenses on the merits and is adequately covered by available liability insurance in respect of both the Hassanati Action and the Abdallah Action. Air Lease: On April 24, 2012, ILFC and AIG filed a lawsuit in the Los Angeles Superior Court against ILFC's former CEO, Steven Udvar Hazy, Mr. Hazy's current company, Air Lease Corporation (“ALC”), and a number of ALC's officers and employees who were formerly employed by ILFC. The lawsuit alleged that Mr. Hazy and the former officers and employees, while employed at ILFC, diverted corporate opportunities from ILFC, misappropriated ILFC's trade secrets and other proprietary information, and committed other breaches of their fiduciary duties, all at the behest of ALC. The complaint sought monetary damages and injunctive relief for breaches of fiduciary duty, misappropriation of trade secrets, unfair competition, and various other violations of state law. On August 15, 2013 , ALC filed a cross-complaint against ILFC and AIG. Relevant to ILFC, ALC's cross-complaint alleged that ILFC entered into, and later breached, an agreement to sell aircraft to ALC. Based on these allegations, the cross-complaint asserted a claim against ILFC for breach of contract. The cross-complaint sought significant compensatory and punitive damages. On April 23, 2014, ILFC filed an amended complaint adding as a defendant Leonard Green & Partners, L.P. The complaint added claims against Leonard Green & Partners, L.P. for aiding and abetting the individual defendants’ breaches of their fiduciary duties and duty of loyalty to ILFC and for unfair competition. On April 23, 2015, we entered into an agreement to settle the litigation. Pursuant to the terms of the settlement agreement, each of the parties to the litigation received full releases of all claims and counterclaims asserted in the litigation. Neither AerCap nor ILFC made or received any payments pursuant to the settlement agreement.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2015
Variable Interest Entities [Abstract]
Variable Interest Entities	17. Variable Interest Entities Our leasing and financing activities require us to use many forms of entities to achieve our business objectives and we have participated to varying degrees in the design and formation of these entities. Our involvement in VIEs varies and includes being a passive investor in the VIE with involvement from other parties, managing and structuring all the activities, and being the sole shareholder of the VIE. See Note 12— Debt for more information related to our borrowing arrangements through subsidiaries that are considered VIEs. Wholly-Owned ECA and Ex-Im Financing Vehicles We have created certain wholly-owned subsidiaries for the purpose of purchasing aircraft and obtaining financing secured by such aircraft. The secured debt is guaranteed by the European ECAs and the Export-Import Bank of the United States. The entities meet the definition of a VIE because they do not have sufficient equity to operate without subordinated financial support from us in the form of intercompany notes. We control and manage all aspects of these entities, including directing the activities that most significantly affect the entity's economic performance, we absorb the majority of the risks and rewards of these entities and we guarantee the activities of these entities. These entities are therefore consolidated into our Condensed Consolidated Financial Statements. Other Secured Financings We have created a number of wholly-owned subsidiaries for the purpose of obtaining secured financings. The entities meet the definition of a VIE because they do not have sufficient equity to operate without subordinated financial support from us in the form of intercompany notes. We control and manage all aspects of these entities, including directing the activities that most significantly affect the entity's economic performance, we absorb the majority of the risks and rewards of these entities and we guarantee the activities of these entities. These entities are therefore consolidated into our Condensed Consolidated Financial Statements. We consolidate one entity, Camden, in which we have a variable interest and which was established to obtain secured financing for the purchase of aircraft. The loans are non-recourse to us except under limited circumstances. We have determined that we are the PB of the entity because we control and manage all aspects of the entity, including directing the activities that most significantly affect the economic performance of the entity, and we absorb the majority of the risks and rewards of the entity. Wholly-Owned Leasing Entities We have created wholly-owned subsidiaries for the purpose of facilitating aircraft leases with airlines. The entities meet the definition of a VIE because they do not have sufficient equity to operate without subordinated financial support from us in the form of intercompany loans, which serve as equity. We control and manage all aspects of these entities, including directing the activities that most significantly affect the entity's economic performance, we absorb the majority of the risks and rewards of these entities and we guarantee the activities of the entities. These entities are therefore consolidated into our Condensed Consolidated Financial Statements. Other Variable Interest Entities We have variable interests in the following entities, in which we have determined we are not the PB because we do not have the power to direct the activities that most significantly affect the entity's economic performance: (i) one entity that ILFC previously sold aircraft to and for which we manage the aircraft, where our variable interest consists of the servicing fee we receive for the management of those aircraft; and (ii) two affiliated entities, the Castle Trusts, that ILFC previously sold aircraft to and for which we continue to manage the aircraft, where our variable interests consist of the servicing fee we receive for the management of those aircraft.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	18. Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis Fair value is defined as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Assets and liabilities recorded at fair value on our Condensed Consolidated Balance Sheets are measured and classified in a hierarchy for disclosure purposes consisting of three levels based on the observability of inputs available in the market place used to measure fair value. Level 1 — Quoted prices available in active markets for identical assets or liabilities as of the reported date. Level 2 — Fair values estimated using significant other observable inputs. Level 3 — Fair value estimates using significant unobservable inputs. At June 30, 2015 , our derivative portfolio consisted of interest rate swap contracts. The fair value of these instruments was based upon a model that employed current interest and volatility rates, as well as other observable inputs as applicable. As such, the valuation of these instruments was classified as Level 2. The following tables summarize our financial assets and liabilities as of June 30, 2015 and December 31, 2014 that we measured at fair value on a recurring basis by level within the fair value hierarchy. As required by U.S. GAAP, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Successor June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Derivative liabilities $ $ — $ $ — $ $ — $ $ — Successor December 31, 2014 Total Level 1 Level 2 Level 3 (Dollars in thousands) Derivative liabilities $ $ — $ $ — $ $ — $ $ — Assets and Liabilities Measured at Fair Value on a Non-recurring Basis We measure the fair value of flight equipment on a non-recurring basis when events or changes in circumstances indicate that the carrying amount of our aircraft may not be recoverable. The fair value of flight equipment is classified as a Level 3 valuation. Management evaluates quarterly the need to perform a recoverability assessment of flight equipment, and performs this assessment at least annually for all aircraft in our fleet. Recoverability assessments are performed whenever events or changes in circumstances indicate that the carrying amount of our flight equipment may not be recoverable, which may require us to change our assumptions related to future projected cash flows. Management is active in the aircraft leasing industry and develops the assumptions used in the recoverability assessment. As part of the recoverability process, we update the critical and significant assumptions used in the recoverability assessment. Fair value of flight equipment is determined using an income approach based on the present value of cash flows from contractual lease agreements, flight hour rentals, where appropriate, and projected future lease payments, which extend to the end of the aircraft's economic life in its highest and best use configuration, as well as a disposition value, based on the expectations of market participants. During the three and six months ended June 30, 2015 , we recognized impairment charges of $2.4 million related to one part-out aircraft and three engines, and $2.7 million related to two part-out aircraft and three engines, respectively. During the three months ended June 30, 2014 and the period beginning February 5, 2014 and ending June 30, 2014 , we recognized impairment charges of $ 0.3 million related to one engine. During the Predecessor period beginning April 1, 2014 and ending May 13, 2014 and the Predecessor period beginning January 1, 2014 and ending May 13, 2014, we recognized impairment charges of $7.0 million related to seven aircraft and two engines and $49.2 million related to 12 aircraft and four engines, respectively. Inputs to Non-Recurring Fair Value Measurements Categorized as Level 3 We measure the fair value of certain assets and liabilities on a non-recurring basis when U.S. GAAP requires the application of fair value, including events or changes in circumstances that indicate that the carrying amounts of assets may not be recoverable. Assets subject to these measurements include flight equipment. The fair value of flight equipment is estimated when (i) aircraft held for use in our fleet are not recoverable; (ii) aircraft expected to be sold or parted-out are not recoverable; and (iii) aircraft are sold as part of a sales-type lease. We use the income approach to measure the fair value of flight equipment, which is based on the present value of estimated future cash flows. The key inputs to the income approach include the current contractual lease cash flows and the projected future non-contractual lease cash flows, extended to the end of the aircraft's estimated holding period in its highest and best use configuration, as well as a contractual or estimated disposition value. The determination of these key inputs in applying the income approach is discussed below. The current contractual lease cash flows are based on the in-force lease rates. The projected future non-contractual lease cash flows are estimated based on the aircraft type, age, and airframe and engine configuration of the aircraft. The projected non-contractual lease cash flows are applied to a follow-on lease term(s), which are estimated based on the age of the aircraft at the time of re-lease. Follow-on leases and related cash flows are assumed through the estimated holding period of the aircraft. The holding period assumption is the period over which future cash flows are assumed to be generated. We generally assume the aircraft will be leased over a 25 -year estimated economic useful life from the date of manufacture unless facts and circumstances indicate the holding period is expected to be shorter. Shorter holding periods can result from our assessment of the continued marketability of certain aircraft types or when a potential sale or future part-out of an individual aircraft has been contracted for, or is likely. In instances of a potential sale or part-out, the holding period is based on the estimated or actual sale or part-out date. The disposition value is generally estimated based on aircraft type. In situations where the aircraft will be disposed of, the residual value assumed is based on an estimated part-out value or the contracted sale price. The aggregate cash flows, as described above, are then discounted to present value. The discount rate used is based on the aircraft type and incorporates market participant assumptions regarding the market attractiveness of the aircraft type and the likely debt and equity financing components and the required returns of those financing components. Management has identified the key elements affecting the fair value calculation as the discount rate used to present value the estimated cash flows, the estimated aircraft holding period, and the proportion of contractual versus non-contractual cash flows. Sensitivity to Changes in Unobservable Inputs We consider unobservable inputs to be those for which market data is not available and that we developed using the best information available to us related to assumptions market participants use when pricing the asset or liability. Relevant inputs vary depending on the nature of the asset or liability being measured at fair value. The effect of a change in a particular assumption is considered independently of changes in any other assumptions. In practice, simultaneous changes in assumptions may not always have a linear effect on inputs. The significant unobservable inputs utilized in the fair value measurement of flight equipment are the discount rate, the remaining estimated holding period and the non-contractual cash flows. The discount rate is affected by movements in the aircraft funding markets, and can be impacted by fluctuations in required rates of return in debt and equity, and loan to value ratios. The remaining holding period and non-contractual cash flows represent management's estimate of the remaining service period of an aircraft and the estimated non-contractual cash flows over the remaining life of the aircraft. An increase in the discount rate applied would decrease the fair value of an aircraft, while an increase in the remaining estimated holding period or the estimated non-contractual cash flows would increase the fair value measurement. Fair Value Disclosures of Financial Instruments The fair value of restricted cash and cash and cash equivalents approximates the carrying value of these financial instruments because of their short term nature (level 1). The carrying value of notes receivable approximates its fair value (level 2). The fair value of our debt financings consider the frequency and volume of quoted prices of our debt in active markets, where available. The fair value of our long-term unsecured fixed rate and floating rate debt is estimated using quoted market prices. The fair value of our long-term secured debt is estimated using discounted cash flow analysis based on current market prices for similar type debt. Derivatives are recognized on the balance sheet at their fair value which includes consideration of the credit rating and risk attaching to the counterparty of the derivative contract. We have considered both the quantitative and qualitative factors when determining our counterparty credit risk (level 2). The fair value of interest rate swap derivatives was based on the use of a valuation model that utilizes, among other things, current interest, foreign exchange and volatility rates, as applicable (level 2). The fair value of guarantees is determined by reference to the underlying aircraft and guarantee amount (level 3). The carrying amounts and fair values of our most significant financial instruments at June 30, 2015 and December 31, 2014 are as follows: Successor June 30, 2015 Book value Fair value Level 1 Level 2 Level 3 (Dollars in thousands) Assets Cash and cash equivalents $ $ $ $ — $ — Restricted cash — — Notes receivable, net — — $ $ $ $ $ — Liabilities Debt $ $ $ — $ $ — Derivative liabilities — — Guarantees — — $ $ $ — $ $ Successor December 31, 2014 Book value Fair value Level 1 Level 2 Level 3 (Dollars in thousands) Assets Cash and cash equivalents $ $ $ $ — $ — Restricted cash — — Notes receivable — — $ $ $ $ $ — Liabilities Debt $ $ $ — $ $ — Derivative liabilities — — Guarantees — — $ $ $ — $ $

Equity

Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Equity	19 . Equity Movements in equity during the six months ended June 30, 2015 and the period beginning February 5, 2014 and ending June 30, 2014 were as follows: Successor Total Equity Before Non-Controlling Interest Non-controlling Interest Total Equity (Dollars in thousands) Balance at December 31, 2014 $ $ $ Dividends paid — (a) Share-based compensation — Total comprehensive income — Balance at June 30, 2015 $ $ $ ____________________________ (a) At June 30, 2015, the dividend rate for Series A MAPS was 0.333% and the dividend rate for Series B MAPS was 0.443% . Successor Total Equity Before Non-Controlling Interest Non-controlling Interest Total Equity (Dollars in thousands) Balance at February 5, 2014 $ — $ — $ — Issuance of Series 1 Beneficial Interests to AerCap Ireland Capital Limited Total comprehensive income — Balance at June 30, 2014 $ $ $ Accumulated Other Comprehensive Loss (Predecessor) Predecessor Accumulated other comprehensive loss consisted of changes in fair value of interest rate swaps that qualified as cash flow hedges and unrealized gains and losses on marketable securities classified as “available-for-sale”. The balance in Accumulated other comprehensive loss as of the Closing Date was eliminated when we applied the acquisition method of accounting. The following tables present a rollforward of Accumulated other comprehensive loss for the Predecessor period beginning April 1, 2014 and ending May 13, 2014 and the Predecessor period beginning January 1, 2014 and ending May 13, 2014: Predecessor Predecessor Period beginning April 1, 2014 Period beginning January 1, 2014 and ending May 13, 2014 and ending May 13, 2014 Unrealized Unrealized Gains and gains and Gains and gains and losses on losses on losses on losses on cash flow available-for- cash flow available-for- hedges sale securities Total hedges sale securities Total (Dollars in thousands) (Dollars in thousands) Balance at March 31, 2014 $ $ $ Balance at December 31, 2013 $ $ $ Other comprehensive income before reclassifications Other comprehensive income before reclassifications Amounts reclassified from AOCI — Amounts reclassified from AOCI — Income tax effect Income tax effect Net increase in other comprehensive income Net increase in other comprehensive income Balance at May 13, 2014 $ $ $ Balance at May 13, 2014 $ $ $ The following table presents the classifications and amount of reclassifications from AOCI to the Condensed Consolidated Income Statements for the Predecessor period beginning April 1, 2014 and ending May 13, 2014 and the Predecessor period beginning January 1, 2014 and ending May 13, 2014: Predecessor Period beginning Period beginning Condensed April 1, 2014 January 1, 2014 Consolidated and ending and ending Income Statement May 13, 2014 May 13, 2014 Classification (Dollars in thousands) Cash flow hedges: Interest rate swap agreements $ $ Other expenses Reclassification of amounts de-designated as hedges recorded in AOCI Other expenses Available-for-sale securities: Realized gains and losses on available-for-sale securities — — Selling, general and administrative — — Total reclassifications $ $

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
The Company	The Company AerCap Trust, a Delaware statutory trust, was formed on February 5, 2014. On the Closing Date, immediately after consummation of the AerCap Transaction, all of ILFC’s assets were transferred substantially as an entirety to AerCap Trust, and AerCap Trust assumed substantially all of the liabilities of ILFC. AerCap Ireland Capital Limited, a wholly -owned subsidiary of AerCap Ireland Limited, and ILFC, an indirect wholly-owned subsidiary of AerCap Trust, are the sole beneficiaries of AerCap Trust. Neither AerCap Ireland Limited nor AerCap Ireland Capital Limited are consolidated into the financial statements presented herein, but are related parties to the consolidated AerCap Trust. AerCap Trust, AerCap Ireland Capital Limited, AerCap Ireland Limited and ILFC are all direct or indirect wholly-owned subsidiaries of AerCap. In connection with the Reorganization, AerCap Trust agreed to assume ILFC’s obligations under its debt agreements, including under its various indentures, and AerCap and certain of its subsidiaries agreed to guarantee such obligations. ILFC also agreed to continue to be an obligor under these debt agreements. Accordingly, AerCap Trust became the successor obligor in respect of the bonds issued under ILFC’s various indentures, and as of the Closing Date, AerCap Trust succeeded ILFC as the entity for which financial information is filed with the SEC. Prior to May 14, 2014, ILFC was an indirect wholly-owned subsidiary of AIG. On December 16, 2013, AIG entered into an agreement with AerCap and AerCap Ireland Limited, a wholly-owned subsidiary of AerCap, for the sale of 100 percent of ILFC’s common shares. Following the completion of the AerCap Transaction, we measured the identifiable assets acquired, the liabilities assumed, and non-controlling interest at the Closing Date fair value by applying the acquisition method of accounting. Accordingly, a new basis of accounting was established and, for accounting purposes the old entity, the Predecessor, was terminated and a new entity, the Successor, was created. Predecessor represents ILFC and its consolidated subsidiaries' historical accounting basis and covers the time period prior to May 14, 2014. Successor represents AerCap Trust from its inception on February 5, 2014 and ILFC and its subsidiaries consolidated with AerCap Trust for the time period from May 14, 2014, reflecting the assets and liabilities at fair value by allocating the purchase price to the identifiable assets acquired and liabilities assumed and non-controlling interest pursuant to accounting guidance related to business combinations. Although the Successor was formed on February 5, 2014, Successor had no other activities until the Closing date. The distinction between these periods has been indicated in this Form 10-Q by the inclusion of a vertical line between the Predecessor and Successor columns of our financial statements and in the notes thereto. These separate periods are presented in order to reflect our new accounting basis as of the Closing Date, after applying the acquisition method of accounting. Results presented for periods subsequent to the AerCap Transaction reflect Successor accounting policies. The timing and amount of revenues and expenses recognized in results of operations and the classification of amounts recorded in the financial statements in periods subsequent to the Closing Date may differ from Predecessor’s presentation. Consequently, the financial statements and notes for the Predecessor periods are not comparable to the Successor periods. Despite the separate presentation, our core operations have not changed (see Note 3 — AerCap Transaction ).
General	General The accompanying unaudited, Condensed Consolidated Financial Statements have been prepared in accordance with U.S. GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The accompanying unaudited, Condensed Consolidated Financial Statements include our accounts and accounts of all other entities in which we have a controlling financial interest. See Note 17— Variable Interest Entities . All material intercompany accounts have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary for a fair statement of the results for the interim periods presented have been included. Operating results for the three and six months ended June 30, 2015 , are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. These statements should be read in conjunction with the Consolidated Financial Statements and footnotes thereto included in our Annual Report for the year ended December 31, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on March 30, 2015.
Use of Estimates	Use of Estimates The preparation of Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. For us, the use of estimates is or could be a significant factor affecting acquisition accounting in a business combination, the reported carrying values of flight equipment, intangibles, investments, trade and notes receivable, deferred tax assets and accruals and reserves. Management considers information available from professional appraisers, where possible, to support estimates, particularly with respect to flight equipment. Despite management’s best efforts to accurately estimate such amounts, actual results could materially differ from those estimates. In the three and six months ended June 30, 2015, we changed our estimates of residual values and useful lives of certain aircraft. The changes in estimates are a result of the current market conditions that have negatively affected the useful lives and residual values for such aircraft. The effect for the three and six months ended June 30, 2015 was to reduce Net income by $6.2 million.
Prior Period Comparative Information	Prior Period Comparative Information As of December 31, 2014, we finalized all known measurement period adjustments related to the AerCap Transaction, as further described in Note 3 – AerCap Transaction in our Annual Report for the year ended December 31, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on March 30, 2015. The final measurement period adjustments were retrospectively recognized as adjustments in our prior period comparative information. The Condensed Consolidated Income Statement for the six months ended June 30, 2015 includes a reclassification, as compared to the quarterly report on Form 10-Q for the first quarter ended March 31, 2015, of $3.0 million to reduce Lease revenue and Leasing expenses. Commencing in the second quarter of 2015, for MR contracts, the release of maintenance rights intangible and accrued maintenance liability at lease termination are presented on a net basis in the Condensed Consolidated Income Statement. Previously these amounts were presented on a gross basis. There were no changes to the Condensed Consolidated Balance Sheets, Net income or Total Equity as a result of this reclassification in the period. The Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2014 includes a reclassification, as compared to the quarterly report for the second quarter ended June 30, 2014, filed as Exhibit 99.1 to International Lease Finance Corporation’s Form 8-K on August 14, 2014, of $3.3 million to reduce investing cash flows related to Collection for finance and sales-type leases and increase Net cash provided by operating activities for the interest income received associated with the collections for finance and sales-type leases. There were no changes to the Condensed Consolidated Balance Sheets, Net income or Total Equity as a result of this reclassification in the period.
Out of Period Adjustment	Out of Period Adjustment Our Condensed Consolidated Income Statement for the six months ended June 30, 2015 , includes an out of period adjustment which decreased Net income by $14.4 million. This adjustment corrects the capitalized interest on Prepayments on flight equipment in prior periods. Management has determined, after evaluating the quantitative and qualitative aspects of this out of period adjustment, that our current and prior period financial statements taken as a whole are not materially misstated.
Reportable Segments	Reportable Segments We manage our business and analyze and report our results of operations on the basis of one business segment: leasing, financing, sales and management of commercial aircraft and engines.

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Summary of Significant Accounting Policies [Abstract]
Recent Accounting Guidance Adopted During 2015	Recent Accounting Guidance A dopted During 2015: Reporting Discontinued Operations In April 2014, the FASB issued an accounting standard that changes the requirements for presenting a component or group of components of an entity as a discontinued operation and requires new disclosures. Under the standard, the disposal of a component or group of components of an entity should be reported as a discontinued operation if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Disposals of equity method investments, or those reported as held-for-sale, will be eligible for presentation as a discontinued operation if they meet the new definition. The standard also requires entities to provide specified disclosures about a disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation. We adopted the standard on its required effective date of January 1, 2015 and it did not have any effect on our consolidated financial condition, results of operations or cash flows.
Future Application of Accounting Guidance	Future Application of Accounting Guidance: Revenue from Contracts with Customers In May 2014, the FASB issued an accounting standard that provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. This guidance does not apply to lease contracts with customers. The standard will require an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This update creates a five-step model that requires entities to exercise judgment when considering the terms of the contract(s) which include (i) identifying the contract(s) with the customer, (ii) identifying the separate performance obligations in the contract, (iii) determining the transaction price, (iv) allocating the transaction price to the separate performance obligations, and (v) recognizing revenue when each performance obligation is satisfied. This standard was originally effective for the fiscal year beginning after December 1, 2016 and subsequent interim periods. In August 2015, the FASB issued an update to the standard which defer s the effective date by one year, to January 1, 2018. The standard may be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of applying this standard recognized at the date of adoption. Early adoption would be permitted but not before the original effective date. We plan to adopt the standard on its required effective date of January 1, 2018. We are evaluating the effect the adoption of the standard will have on our consolidated financial condition, results of operations and cash flows. Disclosure of Going Concern Uncertainties In August 2014, the FASB issued an accounting standard that requires management to assess an entity's ability to continue as a going concern, and to provide related footnote disclosure in certain circumstances. The new standard will be effective for all entities in the first annual period ending after December 15, 2016. Earlier adoption is permitted. We plan to adopt the standard on its required effective date of January 1, 2017. Amendments to the Consolidation Analysis In February 2015, the FASB issued an accounting standard that affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. Specifically, the amendments modify the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities; eliminate the presumption that a general partner should consolidate a limited partnership; affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. This standard will be effective for interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The standard may be applied retrospectively or through a cumulative effect adjustment to equity as of the beginning of the year of adoption. We plan to adopt the standard on its required effective date of January 1, 2016. We are evaluating the effect the adoption of the standard will have on our consolidated financial condition, results of operations and cash flows. Presentation of Debt Issuance Costs In April 2015, the FASB issued an accounting standard that requires debt issuance costs related to a recognized debt liability to be presented on the balance sheet as a direct deduction from the debt liability. The standard is effective for fiscal years beginning after December 15, 2015 . Early adoption is permitted . Upon adoption, the standard should be applied retrospectively to all prior periods presented in the financial statements. We plan to adopt the standard on its required effective date of January 1, 2016. The adoption of this standard will only result in a change in presentation of these costs on our Condensed Consolidated Balance Sheets.

AerCap Transaction (Tables)

AerCap Transaction (Tables)	6 Months Ended
	Jun. 30, 2015
AerCap Transaction [Abstract]
Summary of Pro Forma Information	Pro Forma Pro Forma Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 (Dollars in thousands) Total Revenues and other income $ $ Net income

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Schedule of Amounts Involving Related Parties Included in Financial Statements	Successor Predecessor Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 Income Statement (Dollars in thousands) Expense (income): Allocated corporate costs from AerCap $ $ $ — Interest income on Receivable from AerCap — — Effect from derivative contracts with AIG Markets, Inc. (Note 10) Interest on derivative contracts with AIG Markets, Inc. Management fees received from Castle Trusts Commission revenue from AerCap for consigned aircraft — — Lease commission to AerCap — — Corporate costs from AIG, including allocations Interest on time deposit account with AIG Markets (a) ____________________________ (a) Predecessor had a 30-day interest bearing time deposit account with AIG Markets, Inc., which was terminated in connection with the AerCap Transaction. Successor Predecessor Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 Income Statement (Dollars in thousands) Expense (income): Allocated corporate costs from AerCap $ $ $ — Interest income on Receivable from AerCap — — Effect from derivative contracts with AIG Markets, Inc. (Note 10) Interest on derivative contracts with AIG Markets, Inc. Management fees received from Castle Trusts Commission revenue from AerCap for consigned aircraft — — Lease commission to AerCap — — Corporate costs from AIG, including allocations Interest on time deposit account with AIG Markets (a) ____________________________ (a) Predecessor had a 30-day interest bearing time deposit account with AIG Markets, Inc., which was terminated in connection with the AerCap Transaction. Successor June 30, December 31, 2015 2014 Balance Sheet (Dollars in thousands) Asset (liability): Receivable from AerCap, net $ $ Receivable from AIG for compensation programs Junior Subordinated Notes (Note 12) — Derivative liabilities (Note 10) Equity increase (decrease): Share-based compensation

Flight Equipment Held for Ope31

Flight Equipment Held for Operating Leases, Net (Tables)	6 Months Ended
	Jun. 30, 2015
Flight Equipment Held for Operating Leases, Net [Abstract]
Schedule of Movements in Flight Equipment Held for Operating Leases	Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Net book value at beginning of period $ $ — AerCap Transaction — Additions Depreciation Impairment Transfers to AerCap — Disposals/Transfers to Held for sale Transfers to Net investment in finance and sales-type leases/Inventory Net book value at end of period $ $ Accumulated depreciation at June 30, 2015 and June 30, 2014, respectively $ $

Maintenance Rights Intangible32

Maintenance Rights Intangible and Lease Premium (Tables)	6 Months Ended
	Jun. 30, 2015
Maintenance Rights Intangible and Lease Premium [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of Maintenance Rights Intangible and Lease Premium	Successor June 30, December 31, 2015 2014 (Dollars in thousands) Maintenance rights intangible $ $ Lease premium $ $
Maintenance Rights Intangible [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of Maintenance Rights Intangible and Lease Premium	Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Maintenance rights intangible, net at beginning of period $ $ — AerCap Transaction — EOL and MR contract maintenance rights expense — MR contract maintenance rights write off due to maintenance liability release — EOL contract maintenance rights write off due to cash receipt — EOL and MR contract intangible write off due to sale of aircraft Transfers to AerCap — Maintenance rights intangible, net at end of period $ $
Lease Premium [Member]
Finite-Lived Intangible Assets [Line Items]
Schedule of Estimated Future Amortization Expense	Successor June 30, 2015 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Lease premium $ $ $ Successor December 31, 2014 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Lease premium $ $ $

Other Intangibles, Net (Tables)

Other Intangibles, Net (Tables)	6 Months Ended
	Jun. 30, 2015
Customer Relationships and Other Intangible Assets [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Schedule of Details of Customer Relationships and Tradename Other Intangible Assets	Successor June 30, 2015 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Customer relationships $ $ $ Tradename and other intangible assets $ $ $ Successor December 31, 2014 Gross carrying Accumulated Net carrying amount amortization amount (Dollars in thousands) Customer relationships $ $ $ Tradename and other intangible assets $ $ $
Other Intangibles [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Schedule of Other Intangibles	Successor June 30, December 31, 2015 2014 (Dollars in thousands) Goodwill $ $ Customer relationships Contractual vendor intangible assets Tradename and other intangible assets $ $

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Other Assets [Abstract]
Schedule of Components of Other Assets	Successor June 30, December 31, 2015 2014 (Dollars in thousands) Inventory $ $ Other receivables Notes receivable, net (a) (b) Debt issuance costs Lease incentives Other tangible fixed assets Straight-line rents, prepaid expenses and other $ $ ____________________________ (a) As of June 30, 2015 , we had a $2.0 million balance in our allowance for credit losses on notes receivable resulting from a $2.0 million provision recorded during the six months ended June 30, 2015 . (b) As of December 31, 2014 , we did no t have an allowance for credit losses on notes receivable and there was no activity recorded for credit losses during the Successor period beginning February 5, 2014 and ending December 31, 2014 or the Predecessor period beginning January 1, 2014 and ending May 13, 2014 .

Accounts Payable, Accured Exp35

Accounts Payable, Accured Expenses and Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Accounts Payable, Accured Expenses and Other Liabilities [Abstract]
Schedule of Components of Accrued Expenses, Accounts Payable and Other Liabilities	Successor June 30, December 31, 2015 2014 (Dollars in thousands) Accounts payable and accrued expenses $ $ Deferred revenue Accrued interest Asset value guarantees (Note 16) Derivative liabilities (Note 4 and Note 10) $ $

Derivative Financial Instrume36

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Schedule of Notional Amounts and Fair Values of Derivatives Outstanding	Successor June 30, 2015 Notional Amount Fair Value (Dollars in thousands) Derivatives not qualifying for hedge accounting: Interest rate swap agreements (a) $ $ Total Derivative Liabilities $ Successor December 31, 2014 Notional Amount Fair Value (Dollars in thousands) Derivatives not qualifying for hedge accounting: Interest rate swap agreements (a) $ $ Total Derivative Liabilities $ ____________________________ (a) Converts floating interest rate debt into fixed rate debt.
Schedule of Gain (Loss) Recorded in OCI Related to Derivative Instruments	Predecessor Period beginning Period beginning April 1, 2014 January 1, 2014 and ending and ending May 13, 2014 May 13, 2014 Gain (Loss) (Dollars in thousands) Effective portion of change in fair market value of derivatives: Interest rate swap agreements $ (a) $ (a) Amortization of balances of de-designated hedges and other adjustments Income tax effect Net changes in cash flow hedges, net of taxes $ $ __________________________ (a) Includes the following: Period beginning April 1, 2014 and ending May 13, 2014 : (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(22) ; and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $830 . Period beginning January 1, 2014 and ending May 13, 2014 : (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(93) ; and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $2,845 .
Schedule of Effect of Derivatives Recorded in Interest Expense and Other Expenses	Amount of Gain or (Loss) Recognized in Income on Derivatives Successor Predecessor(a) Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 (Dollars in thousands) Derivatives designated as cash flow hedges: Ineffectiveness of interest rate swap agreements (b) $ — $ — $ Derivatives not designated as a hedge: Interest rate swap agreements — Reconciliation to Condensed Consolidated Income Statements: Reclassification of amounts de-designated as hedges recorded in AOCI — — Effect from derivatives $ $ $ __________________________ (a) All components of each derivative's gain or loss were included in the assessment of effectiveness. (b) Amounts were presented as Interest rate swap agreements in the Predecessor financial statements. Amount of Gain or (Loss) Recognized in Income on Derivatives Successor Predecessor(a) Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 (Dollars in thousands) Derivatives designated as cash flow hedges: Ineffectiveness of interest rate swap agreements (b) $ — $ — $ Derivatives not designated as a hedge: Interest rate swap agreements — Reconciliation to Condensed Consolidated Income Statements: Reclassification of amounts de-designated as hedges recorded in AOCI — — Effect from derivatives $ $ $ __________________________ (a) All components of each derivative's gain or loss were included in the assessment of effectiveness. Amounts were presented as Interest rate swap agreements in the Predecessor financial statements.

Accrued Maintenance Liability (

Accrued Maintenance Liability (Tables)	6 Months Ended
	Jun. 30, 2015
Accrued Maintenance Liability [Abstract]
Schedule of Movements in Accrued Maintenance Liability	Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Accrued maintenance liability at beginning of period $ $ — AerCap Transaction — Maintenance payments received Maintenance payments reimbursed Transfers to AerCap — Release to income Lessor contribution and top ups — Interest accretion Accrued maintenance liability at end of period $ $

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt [Abstract]
Summary of Indebtedness	Successor Weighted average June 30, December 31, interest rate 2015 2014 June 30, 2015 (a) Maturity (Dollars in thousands) Unsecured ILFC Legacy Notes $ $ % 2015 - 2022 AerCap Trust & AerCap Ireland Capital Limited Notes % 2017 - 2022 Fair value adjustment TOTAL UNSECURED Secured Export credit facilities % 2015 - 2025 Senior secured notes % 2016 - 2018 Institutional secured term loans % 2020 - 2021 AeroTurbine revolving credit agreement % 2019 Camden Facility % 2018 Fair value adjustment TOTAL SECURED Subordinated ECAPS subordinated notes % 2065 Junior Subordinated Notes (Note 4) — % 2045 Fair value adjustment TOTAL SUBORDINATED $ $ ____________________________ (a) The weighted average interest rate is calculated based on the U.S. dollar LIBOR rate as of June 30, 2015 , and excludes the impact of related derivative instruments which we hold to hedge our exposure to interest rates as well as any amortization of debt issuance costs.

Other Income (Tables)

Other Income (Tables)	6 Months Ended
	Jun. 30, 2015
Other Income [Abstract]
Schedule of Other Income	Successor Predecessor Period beginning April 1, 2014 Three Months Ended June 30, and ending 2015 2014 May 13, 2014 (Dollars in thousands) AeroTurbine Engines, airframes, parts and supplies revenue $ $ $ Cost of goods sold (a) Gross profit Management fees, interest and other (b) (c)(d) $ $ $ ____________________________ (a) Amounts were presented as Cost of sales in the Predecessor financial statements. (b) Amounts were presented as Interest and other in the Predecessor financial statements. (c) Includes interest and other income from AerCap in the three months ended June 30, 2015 . See Note 4— Related Party Transactions . (d) Includes a $17.0 million gain from the settlement of an asset value guarantee in three months ended June 30, 2015 . Successor Predecessor Period beginning Period beginning Six Months February 5, 2014 January 1, 2014 Ended and ending and ending June 30, 2015 June 30, 2014 May 13, 2014 (Dollars in thousands) AeroTurbine Engines, airframes, parts and supplies revenue $ $ $ Cost of goods sold (a) Gross profit Management fees, interest and other (b) (c)(d) $ $ $ ____________________________ (a) Amounts were presented as Cost of sales in the Predecessor financial statements. (b) Amounts were presented as Interest and other in the Predecessor financial statements. (c) Includes interest and other income from AerCap in the six months ended June 30, 2015 . See Note 4— Related Party Transactions . (d) Includes a $17.0 million gain from the settlement of an asset value guarantee in the six months ended June 30, 2015 .

Selling, General and Administ40

Selling, General and Administrative Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Selling, General and Administrative Expenses [Abstract]
Schedule of Components of Selling, General and Administrative Expenses	Successor Period beginning Six Months February 5, 2014 Three Months Ended June 30, Ended and ending 2015 2014 June 30, 2015 June 30, 2014 (Dollars in thousands) Personnel expenses $ $ $ $ Travel expenses Professional services Office expenses Other expenses (a) $ $ $ $ ____________________________ (a) Includes allocated corporate costs from AerCap. See Note 4 — Related Party Transactions .

Committments and Contingencies

Committments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
Summary of Movements in Prepayments on Flight Equipment	Successor Period beginning Six Months February 5, 2014 Ended and ending June 30, 2015 June 30, 2014 (Dollars in thousands) Prepayments on flight equipment and capitalized interest at beginning of period $ $ — AerCap Transaction — Prepayments made during the period Interest capitalized during the period (a) Transfers to AerCap — Prepayments and capitalized interest applied to the purchase of flight equipment Prepayments on flight equipment and capitalized interest at end of period $ $ ____________________________ (a) Includes an out of period adjustment of $16.9 million recorded during the six months ended June 30, 2015 . See Note 1 — Basis of Presentation .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis by Level Within Fair Value Hierarchy	Successor June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Derivative liabilities $ $ — $ $ — $ $ — $ $ — Successor December 31, 2014 Total Level 1 Level 2 Level 3 (Dollars in thousands) Derivative liabilities $ $ — $ $ — $ $ — $ $ —
Schedule of Carrying Amounts and Fair Values of Significant Financial Instruments	Successor June 30, 2015 Book value Fair value Level 1 Level 2 Level 3 (Dollars in thousands) Assets Cash and cash equivalents $ $ $ $ — $ — Restricted cash — — Notes receivable, net — — $ $ $ $ $ — Liabilities Debt $ $ $ — $ $ — Derivative liabilities — — Guarantees — — $ $ $ — $ $ Successor December 31, 2014 Book value Fair value Level 1 Level 2 Level 3 (Dollars in thousands) Assets Cash and cash equivalents $ $ $ $ — $ — Restricted cash — — Notes receivable — — $ $ $ $ $ — Liabilities Debt $ $ $ — $ $ — Derivative liabilities — — Guarantees — — $ $ $ — $ $

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Schedule Of Movements In Equity	Successor Total Equity Before Non-Controlling Interest Non-controlling Interest Total Equity (Dollars in thousands) Balance at December 31, 2014 $ $ $ Dividends paid — (a) Share-based compensation — Total comprehensive income — Balance at June 30, 2015 $ $ $ ____________________________ (a) At June 30, 2015, the dividend rate for Series A MAPS was 0.333% and the dividend rate for Series B MAPS was 0.443% . Successor Total Equity Before Non-Controlling Interest Non-controlling Interest Total Equity (Dollars in thousands) Balance at February 5, 2014 $ — $ — $ — Issuance of Series 1 Beneficial Interests to AerCap Ireland Capital Limited Total comprehensive income — Balance at June 30, 2014 $ $ $
Predecessor [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Schedule of Rollforward of Accumulated Other Comprehensive Loss	Predecessor Predecessor Period beginning April 1, 2014 Period beginning January 1, 2014 and ending May 13, 2014 and ending May 13, 2014 Unrealized Unrealized Gains and gains and Gains and gains and losses on losses on losses on losses on cash flow available-for- cash flow available-for- hedges sale securities Total hedges sale securities Total (Dollars in thousands) (Dollars in thousands) Balance at March 31, 2014 $ $ $ Balance at December 31, 2013 $ $ $ Other comprehensive income before reclassifications Other comprehensive income before reclassifications Amounts reclassified from AOCI — Amounts reclassified from AOCI — Income tax effect Income tax effect Net increase in other comprehensive income Net increase in other comprehensive income Balance at May 13, 2014 $ $ $ Balance at May 13, 2014 $ $ $
Schedule of Classification and Amount of Reclassifications from AOCI	Predecessor Period beginning Period beginning Condensed April 1, 2014 January 1, 2014 Consolidated and ending and ending Income Statement May 13, 2014 May 13, 2014 Classification (Dollars in thousands) Cash flow hedges: Interest rate swap agreements $ $ Other expenses Reclassification of amounts de-designated as hedges recorded in AOCI Other expenses Available-for-sale securities: Realized gains and losses on available-for-sale securities — — Selling, general and administrative — — Total reclassifications $ $

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) $ in Millions	1 Months Ended	3 Months Ended	6 Months Ended
	Dec. 16, 2013	Jun. 30, 2015USD ($)	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Effect on net income due to changes in estimates		$ (6.2)	$ (6.2)
Number of reportable business segments | segment			1
Out of Period Adjustments [Member]
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Out of period adjustment which decreased Net income			$ (14.4)
Reclassification To Reduce Lease Revenue and Leasing Expenses [Member]
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Reclassification adjustment			$ 3
Reclassification To Reduce Investing Cash Flows And Increase Net Cash Provided By Operating Activities [Member]
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Reclassification adjustment				$ 3.3
Sale of ILFC Common Stock by AIG [Member] | AIG [Member] | AerCap and AerCap Ireland Limited [Member] | Predecessor [Member]
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Percentage of common stock to be sold by AIG	100.00%

AerCap Transaction (Narrative)

AerCap Transaction (Narrative) (Details) - USD ($)	Jun. 09, 2015	May. 14, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2015
Business Acquisition [Line Items]
Transaction and integration related expenses			$ 1,059,000	$ 44,208,000	$ 44,208,000	$ 5,449,000
AIG [Member] | AerCap [Member]
Business Acquisition [Line Items]
Percent of AerCap owned	5.40%	46.00%
AIG [Member] | AerCap [Member]
Business Acquisition [Line Items]
Number of ordinary shares sold in a secondary public offering	71,184,686
Number of ordinary shares repurchased	15,698,588
Cash used for repurchase of ordinary shares	$ 250,000,000
AIG [Member] | ILFC [Member] | AerCap and AerCap Ireland Limited [Member]
Business Acquisition [Line Items]
Acquisition of common stock (as a percent)		100.00%
AIG [Member] | ILFC [Member] | AerCap [Member]
Business Acquisition [Line Items]
Total consideration paid in cash		$ 2,400,000,000
AIG [Member] | ILFC [Member] | Common Stock [Member] | AerCap [Member]
Business Acquisition [Line Items]
Newly-issued common shares (in shares)		97,560,976
Junior Subordinated Notes [Member] | Subordinated Debt [Member]
Business Acquisition [Line Items]
Principal amount of notes			$ 500,000,000			$ 500,000,000

AerCap Transaction (Summary of

AerCap Transaction (Summary of Pro Forma Information) (Details) - Jun. 30, 2014 - USD ($) $ in Thousands	Total	Total
AerCap Transaction [Abstract]
Pro Forma Total Revenues and other income	$ 1,014,124	$ 2,145,135
Pro Forma Net income	$ 149,255	$ 344,103

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	May. 13, 2014USD ($)trust	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	May. 13, 2014USD ($)trust	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Jun. 09, 2015	May. 14, 2014	Dec. 31, 2013trust	Dec. 31, 2012trust
Related Party Transaction [Line Items]
Notes issued		$ 23,700,000,000				$ 23,700,000,000
Stock compensation as a capital contribution						10,793,000
Receivable from AerCap, net		2,468,162,000				2,468,162,000	$ 1,345,153,000
Junior Subordinated Notes [Member] | Subordinated Debt [Member]
Related Party Transaction [Line Items]
Notes issued		500,000,000				$ 500,000,000
Notes due date						2,045
AIG [Member] | Predecessor [Member]
Related Party Transaction [Line Items]
Total insurance premiums				$ 2,200,000
AIG [Member] | Special Distribution [Member]
Related Party Transaction [Line Items]
Dividend	$ 600,000,000
AIG [Member] | Fee Paid to Satisfy a Statutory Law Requirement [Member]
Related Party Transaction [Line Items]
Dividend				1,400,000
AIG [Member] | Corporate Aircraft Transferred as Dividend [Member] | Predecessor [Member]
Related Party Transaction [Line Items]
Equity decrease (increase)				5,300,000
Equity decrease (increase), tax benefit				2,900,000
AIG [Member] | Receipts from Expected Tax Liabilities Required Under the Sales Agreement [Member]
Related Party Transaction [Line Items]
Equity decrease (increase)				$ (9,600,000)
AerCap [Member] | AerCap Share-based Awards [Member] | Paid-in Capital [Member]
Related Party Transaction [Line Items]
Stock compensation as a capital contribution						$ 10,793,000	14,876,000
AerCap [Member] | Operational Activities of Group Entities [Member]
Related Party Transaction [Line Items]
Receivable from AerCap, net		2,468,162,000				2,468,162,000	$ 1,345,153,000
AerCap [Member] | Lease Commission [Member]
Related Party Transaction [Line Items]
Expense from related party		230,000	$ 0		$ 0	737,000
AIG [Member] | Affiliated Entities (Castle Trusts) [Member] | Predecessor [Member]
Related Party Transaction [Line Items]
Number of trusts consolidated by AIG to which aircaft sold to such trusts in prior years is managed | trust	2			2						2	2
AerCap [Member] | AIG [Member]
Related Party Transaction [Line Items]
Percent of AerCap owned								5.40%	46.00%
Paid fees and interest		$ 0				$ 0

Related Party Transactions (Sch

Related Party Transactions (Schedule of Amounts Involving Related Parties Included in Financial Statements) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended	12 Months Ended
	May. 13, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Asset (liability):
Receivable from related party, net		$ 2,468,162				$ 2,468,162	$ 1,345,153
Equity increase (decrease):
Share-based compensation						10,793
Predecessor [Member]
Asset (liability):
Income taxes paid				$ 100
AerCap [Member] | Corporate Costs, Including Allocations [Member]
Expense (income):
Corporate costs		30,135	$ 4,500		$ 4,500	58,906
AerCap [Member] | Receivable [Member]
Expense (income):
Interest income		(18,119)	0		0	(32,929)
AerCap [Member] | Consigned Aircraft Commissions [Member]
Expense (income):
Revenue from related parties		(2,451)	0		0	(5,110)
AerCap [Member] | Lease Commission [Member]
Expense (income):
Expense from related party		230	0		0	737
AerCap [Member] | Operational Activities of Group Entities [Member]
Asset (liability):
Receivable from related party, net		2,468,162				2,468,162	1,345,153
AerCap [Member] | AerCap Share-based Awards [Member] | Paid-in Capital [Member]
Equity increase (decrease):
Share-based compensation						10,793	14,876
AIG Markets, Inc. [Member]
Expense (income):
Interest expense		250	1,522		1,522	1,198
AIG Markets, Inc. [Member] | Predecessor [Member]
Expense (income):
Interest expense	$ 829			2,844
AIG Markets, Inc. [Member] | Derivative Contracts [Member]
Expense (income):
Expense from related party		(250)	(1,524)		(1,524)	(1,196)
Asset (liability):
Due to affiliate		(85)				(85)	(1,281)
AIG Markets, Inc. [Member] | Derivative Contracts [Member] | Predecessor [Member]
Expense (income):
Expense from related party	138			428
AIG Markets, Inc. [Member] | Time Deposit [Member] | Predecessor [Member]
Expense (income):
Interest income	(167)			(528)
Affiliated Entities (Castle Trusts) [Member] | Management Services Agreements [Member]
Expense (income):
Revenue from related parties		(1,772)	$ (1,275)		$ (1,275)	(3,482)
Affiliated Entities (Castle Trusts) [Member] | Management Services Agreements [Member] | Predecessor [Member]
Expense (income):
Revenue from related parties	(639)			(2,497)
AIG [Member] | Corporate Costs, Including Allocations [Member] | Predecessor [Member]
Expense (income):
Corporate costs	$ 2,431			$ 4,504
AIG [Member] | Compensation Programs [Member]
Asset (liability):
Receivable from related party, net		1,572				1,572	5,716
Junior Subordinated Notes [Member]
Asset (liability):
Due to affiliate		$ (500,000)				$ (500,000)	$ 0

Flight Equipment Held for Ope49

Flight Equipment Held for Operating Leases, Net (Schedule of Movements in Flight Equipment Held for Operating Leases) (Details) - USD ($) $ in Thousands	5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
Property Subject to or Available for Operating Lease [Line Items]
Net book value at beginning of period		$ 23,604,926
Transfers to AerCap		(290,515)
Net book value at end of period		23,756,812
Certain Aircraft Types [Member]
Property Subject to or Available for Operating Lease [Line Items]
Net book value at beginning of period		23,604,926
AerCap Transaction	$ 24,038,423
Additions	270,381	1,614,279
Depreciation	(188,871)	(702,096)
Impairment	(287)	(2,697)
Disposals/Transfers to Held for sale	(50,128)	(361,350)
Transfers to Net investment in finance and sales-type leases/Inventory	(7,016)	(105,735)
Net book value at end of period	24,062,502	23,756,812
Accumulated depreciation	$ (188,445)	$ (1,507,141)

Maintenance Rights Intangible50

Maintenance Rights Intangible and Lease Premium (Schedule of Maintenance Rights Intangible and Lease Premium) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Maintenance rights intangible and lease premium, net	$ 3,529,846	$ 3,901,737
Maintenance Rights Intangible [Member]
Finite-Lived Intangible Assets [Line Items]
Maintenance rights intangible and lease premium, net	3,448,807	3,809,456	$ 3,975,286
Lease Premium [Member]
Finite-Lived Intangible Assets [Line Items]
Maintenance rights intangible and lease premium, net	$ 81,039	$ 92,281

Maintenance Rights Intangible51

Maintenance Rights Intangible and Lease Premium (Schedule of Movements in Maintenance Rights Intangible) (Details) - USD ($) $ in Thousands	5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
Movements in the Maintenance rights intangible
Balance, net at beginning of period		$ 3,901,737
MR contract maintenance rights write off due to maintenance liability release		32,202
Balance, net at end of period		3,529,846
Maintenance Rights Intangible [Member]
Movements in the Maintenance rights intangible
Balance, net at beginning of period		3,809,456
AerCap Transaction	$ 3,975,286
EOL and MR contract maintenance rights expense		(169,775)
EOL contract maintenance rights write off due to cash receipt		(41,431)
EOL and MR contract intangible write off due to sale of aircraft		(42,717)
Transfers to AerCap		(74,524)
Balance, net at end of period	$ 3,975,286	$ 3,448,807

Maintenance Rights Intangible52

Maintenance Rights Intangible and Lease Premium (Schedule of Estimated Future Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		5 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Net	$ 3,529,846			$ 3,529,846	$ 3,901,737
Amortization expense			$ 2,995	11,240
Lease Premium [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	104,791			104,791	106,743
Accumulated Amortization	(23,752)			(23,752)	(14,462)
Net	81,039			$ 81,039	$ 92,281
Amortization expense	$ 5,500	$ 3,000

Other Intangibles, Net (Schedul

Other Intangibles, Net (Schedule of Other Intangibles) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Finite Lived Intangible Assets and Goodwill [Line Items]
Other intangibles, including goodwill	$ 511,356	$ 523,709
Goodwill [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Other intangibles, including goodwill	58,094	58,094
Customer Relationships [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Other intangibles, including goodwill	336,059	346,647
Contractual Vendor Intangible Assets [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Other intangibles, including goodwill	47,580	47,580
Tradename and Other Intangible Assets [Member]
Finite Lived Intangible Assets and Goodwill [Line Items]
Other intangibles, including goodwill	$ 69,623	$ 71,388

Other Intangibles, Net (Sched54

Other Intangibles, Net (Schedule of Details of Customer Relationships and Tradename Other Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended		5 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Net	$ 3,529,846			$ 3,529,846	$ 3,901,737
Amortization expense			$ 2,995	11,240
Customer Relationships and Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	443,973			443,973	439,365
Accumulated Amortization	(38,291)			(38,291)	(21,330)
Net	405,682			405,682	418,035
Amortization expense	8,500	$ 4,400	$ 4,400	17,000
Tradename and Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	83,973			83,973	79,365
Accumulated Amortization	(14,350)			(14,350)	(7,977)
Net	69,623			69,623	71,388
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	360,000			360,000	360,000
Accumulated Amortization	(23,941)			(23,941)	(13,353)
Net	$ 336,059			$ 336,059	$ 346,647

Other Assets (Schedule of Compo

Other Assets (Schedule of Components of Other Assets) (Details) - USD ($) $ in Thousands	4 Months Ended	6 Months Ended		11 Months Ended
	May. 13, 2014	Jun. 30, 2015		Dec. 31, 2014
Inventory		$ 243,481		$ 253,646
Other receivables		111,053		63,573
Notes receivable, net		21,188	[1]	51,558	[2]
Debt issuance costs		62,561		50,130
Lease incentives		66,449		32,220
Other tangible fixed assets		13,225		17,781
Straight-line rents, prepaid expenses and other		21,502		26,797
Total other assets		539,459		495,705
Allowance for credit losses on notes receivable		2,000		0
Provision		2,000
Activity for credit losses		$ 0		$ 0
Predecessor [Member]
Activity for credit losses	$ 0
[1]	As of June 30, 2015, we had a $2.0 million balance in our allowance for credit losses on notes receivable resulting from a $2.0 million provision recorded during the six months ended June 30, 2015.
[2]	As of December 31, 2014, we did not have an allowance for credit losses on notes receivable and there was no activity recorded for credit losses during the Successor period beginning February 5, 2014 and ending December 31, 2014 or the Predecessor period beginning January 1, 2014 and ending May 13, 2014.

Accounts Payable, Accured Exp56

Accounts Payable, Accured Expenses and Other Liabilities (Schedule of Components of accrued Expenses, Accounts Payable and Other Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts Payable, Accured Expenses and Other Liabilities [Abstract]
Accrued expenses and accounts payable	$ 207,158	$ 254,360
Accrued interest	264,423	272,406
Deferred revenue	334,032	317,818
Asset value guarantees	102,500	133,500
Derivative liabilities	85	1,281
Total	$ 908,198	$ 979,365

Derivative Financial Instrume57

Derivative Financial Instruments (Schedule of Notional Amounts and Fair Values of Derivatives Outstanding) (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Derivatives not qualifying for hedge accounting:
Liability Derivatives, Fair Value		$ 85	$ 1,281
Derivatives Not Qualifying for Hedge Accounting [Member] | Interest Rate Swap Agreements [Member]
Derivatives not qualifying for hedge accounting:
Liability Derivatives, Notional Amount	[1]	3,640	51,630
Liability Derivatives, Fair Value	[1]	$ 85	$ 1,281
[1]	Converts floating interest rate debt into fixed rate debt.

Derivative Financial Instrume58

Derivative Financial Instruments (Schedule of Gain (Loss) Recorded in OCI Related to Derivative Instruments) (Details) - May. 13, 2014 - Predecessor [Member] - USD ($) $ in Thousands		Total	Total
Derivative Instruments, Gain (Loss) [Line Items]
Amortization of balances of de-designated hedges and other adjustments		$ 134	$ 416
Net changes in cash flow hedges, Income tax effect		(332)	(1,118)
Net changes in cash flow hedges, net of taxes		610	2,050
Amounts included in cash flow hedge activity
Effective portion of the unrealized loss on derivative position recorded in OCI		(22)	(93)
Amounts reclassified from AOCI into interest expense		830	2,845
Interest Rate Swap Agreements [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of change in fair market value of derivatives	[1]	$ 808	$ 2,752
[1]	Includes the following:Period beginning April 1, 2014 and ending May 13, 2014: (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(22); and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $830.Period beginning January 1, 2014 and ending May 13, 2014: (i) effective portion of the unrealized gain or (loss) on derivative position recorded in OCI of $(93); and (ii) amounts reclassified from AOCI into interest expense when cash payments were made or received on qualifying cash flow hedges of $2,845.

Derivative Financial Instrume59

Derivative Financial Instruments (Schedule of Effect of Derivatives Recorded in Interest Expense and Other Expenses) (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	[1]	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Reconciliation to Consolidated Income Statements:
Effect from derivatives			$ 250	$ 1,524		$ 1,524	$ 1,196
Predecessor [Member]
Reconciliation to Consolidated Income Statements:
Reclassification of amounts recorded in AOCI	$ (134)				$ (416)
Effect from derivatives	(138)				(428)
Interest Rate Swap Agreements [Member]
Derivatives
Amount of Gain or (Loss) Recognized in Income on Derivatives not designated as a hedge			$ 250	$ 1,524		$ 1,524	$ 1,196
Interest Rate Swap Agreements [Member] | Predecessor [Member]
Derivatives
Ineffectiveness of Derivatives designated as cash flow hedges	$ (4)	[2]			$ (12)
[1]	All components of each derivative's gain or loss were included in the assessment of effectiveness.
[2]	Amounts were presented as Interest rate swap agreements in the Predecessor financial statements.

Accrued Maintenance Liability60

Accrued Maintenance Liability (Schedule of Movements in Accrued Maintenance Liability) (Details) - USD ($) $ in Thousands	5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
Accrued Maintenance Liability [Abstract]
Accrued maintenance liability at beginning of period		$ 2,744,510
AerCap Transaction	$ 2,575,118
Maintenance payments received	83,014	285,831
Maintenance payments reimbursed	(39,456)	(280,117)
Transfers to AerCap		(78,266)
Release to income	(2)	(53,022)
Lessor contribution and top ups		3,532
Interest accretion	11,759	26,941
Accrued maintenance liability at end of period	$ 2,630,433	$ 2,649,409

Debt (Summary of Indebtedness)

Debt (Summary of Indebtedness) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Debt outstanding, gross		$ 23,700,000
Fair value adjustments		1,100,000
Debt financing, net		24,801,918	$ 24,568,509
Unsecured Debt Financing [Member]
Debt Instrument [Line Items]
Fair value adjustments		818,675	999,869
Debt financing, net		15,688,897	15,629,889
Unsecured Debt Financing [Member] | ILFC Legacy Notes - Bonds and Medium-term Notes [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 10,470,222	11,230,020
Weighted average interest rate	[1]	6.80%
Unsecured Debt Financing [Member] | AerCapTrust & AerCap Ireland Capital Limited Notes [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 4,400,000	3,400,000
Weighted average interest rate	[1]	4.23%
Unsecured Debt Financing [Member] | Minimum [Member] | ILFC Legacy Notes - Bonds and Medium-term Notes [Member]
Debt Instrument [Line Items]
Maturity		2,015
Unsecured Debt Financing [Member] | Minimum [Member] | AerCapTrust & AerCap Ireland Capital Limited Notes [Member]
Debt Instrument [Line Items]
Maturity		2,017
Unsecured Debt Financing [Member] | Maximum [Member] | ILFC Legacy Notes - Bonds and Medium-term Notes [Member]
Debt Instrument [Line Items]
Maturity		2,022
Unsecured Debt Financing [Member] | Maximum [Member] | AerCapTrust & AerCap Ireland Capital Limited Notes [Member]
Debt Instrument [Line Items]
Maturity		2,022
Secured Debt Financing [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 7,400,000
Fair value adjustments		234,749	292,543
Debt financing, net		7,613,258	7,938,858
Secured Debt Financing [Member] | Export Credit Facilities, ECA and Ex-Im [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 1,065,821	1,283,742
Weighted average interest rate	[1]	1.97%
Secured Debt Financing [Member] | Senior Secured Notes Issued August 2010 [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 2,550,000	2,550,000
Weighted average interest rate	[1]	6.94%
Secured Debt Financing [Member] | Institutional Secured Term Loans [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 3,290,471	3,355,263
Weighted average interest rate	[1]	3.11%
Secured Debt Financing [Member] | AeroTurbine Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 326,530	302,142
Weighted average interest rate	[1]	2.69%
Maturity		2,019
Secured Debt Financing [Member] | Camden Facility, March 2012 Term Loan [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 145,687	155,168
Weighted average interest rate	[1]	4.74%
Maturity		2,018
Secured Debt Financing [Member] | Minimum [Member] | Export Credit Facilities, ECA and Ex-Im [Member]
Debt Instrument [Line Items]
Maturity		2,015
Secured Debt Financing [Member] | Minimum [Member] | Senior Secured Notes Issued August 2010 [Member]
Debt Instrument [Line Items]
Maturity		2,016
Secured Debt Financing [Member] | Minimum [Member] | Institutional Secured Term Loans [Member]
Debt Instrument [Line Items]
Maturity		2,020
Secured Debt Financing [Member] | Maximum [Member] | Export Credit Facilities, ECA and Ex-Im [Member]
Debt Instrument [Line Items]
Maturity		2,025
Secured Debt Financing [Member] | Maximum [Member] | Senior Secured Notes Issued August 2010 [Member]
Debt Instrument [Line Items]
Maturity		2,018
Secured Debt Financing [Member] | Maximum [Member] | Institutional Secured Term Loans [Member]
Debt Instrument [Line Items]
Maturity		2,021
Subordinated Debt [Member]
Debt Instrument [Line Items]
Fair value adjustments		$ (237)	(238)
Debt financing, net		1,499,763	999,762
Subordinated Debt [Member] | ECAPS Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 1,000,000	$ 1,000,000
Weighted average interest rate	[1]	5.31%
Maturity		2,065
Subordinated Debt [Member] | Junior Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt outstanding, gross		$ 500,000
Weighted average interest rate	[1]	6.50%
Maturity		2,045
[1]	The weighted average interest rate is calculated based on the U.S. dollar LIBOR rate as of June 30, 2015, and excludes the impact of related derivative instruments which we hold to hedge our exposure to interest rates as well as any amortization of debt issuance costs.

Debt (Collateral Pledged for Se

Debt (Collateral Pledged for Secured Debt Narative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Debt outstanding	$ 23,700,000
Fair value adjustments	$ 1,100,000
Secured Debt Financing [Member]
Debt Instrument [Line Items]
Number of aircraft pledged as collateral | item	401
Collateral amount	$ 10,300,000
Debt outstanding	7,400,000
Fair value adjustments	234,749	$ 292,543
Secured Debt Financing [Member] | AeroTurbine Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Debt outstanding	$ 326,530	$ 302,142

Debt (AerCap Trust and AerCap I

Debt (AerCap Trust and AerCap Ireland Capital Limited Senior Unsecured Notes Narrative) (Details) - Jun. 30, 2015 - Unsecured Debt Financing [Member] - USD ($)	Total
AerCapTrust & AerCap Ireland Capital Limited Notes [Member]
Debt Instrument [Line Items]
Margin added to discount rate (as a percent)	0.50%
AerCapTrust & AerCap Ireland Capital Limited Notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Redemption price of debt instrument (as a percent)	100.00%
AerCap Ireland Capital Limited [Member] | Joint Debt Issuance [Member] | Acquisition Notes [Member]
Debt Instrument [Line Items]
Face amount of debt	$ 1,000,000,000
AerCap Ireland Capital Limited [Member] | Joint Debt Issuance [Member] | 4.250% Notes Due 2020 [Member]
Debt Instrument [Line Items]
Face amount of debt	$ 500,000,000
Interest rate on debt (as a percent)	4.25%
AerCap Ireland Capital Limited [Member] | Joint Debt Issuance [Member] | 4.625% Notes Due 2022 [Member]
Debt Instrument [Line Items]
Face amount of debt	$ 500,000,000
Interest rate on debt (as a percent)	4.625%

Debt (Junior Subordinated Notes

Debt (Junior Subordinated Notes) (Details) - Jun. 30, 2015		USD ($)entity
Junior Subordinated Notes [Member] | Subordinated Debt [Member]
Debt Instrument [Line Items]
Face amount of debt		$ 500,000,000
Fixed interest rate	[1]	6.50%
Margin added to variable rate basis (as a percent)		4.30%
Deferral of interest payments, maximum term		5 years
Junior Subordinated Notes [Member] | Subordinated Debt [Member] | Debt Instrument, Redemption, Option (i) [Member]
Debt Instrument [Line Items]
Redemption price of debt instrument (as a percent)		100.00%
Junior Subordinated Notes [Member] | Subordinated Debt [Member] | Debt Instrument, Redemption, Option (iii) [Member]
Debt Instrument [Line Items]
Redemption price of debt instrument (as a percent)		100.00%
Junior Subordinated Notes [Member] | Subordinated Debt [Member] | Debt Instrument, Redemption, Option (iv) [Member]
Debt Instrument [Line Items]
Redemption price of debt instrument (as a percent)		101.00%
Days after occurence		60 days
Number Of Applicable Rating Agencies | entity		2
Annual interest rate increase		5.00%
AIG Revolving Credit Facility Before Issuance Of Junior Subondinated Notes [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 1,000,000,000
AIG Revolving Credit Facility After Issuance Of Junior Subondinated Notes [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 500,000,000
[1]	The weighted average interest rate is calculated based on the U.S. dollar LIBOR rate as of June 30, 2015, and excludes the impact of related derivative instruments which we hold to hedge our exposure to interest rates as well as any amortization of debt issuance costs.

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Effective tax rate (as a percent)		14.50%	22.00%		22.00%	14.50%
Predecessor [Member]
Effective tax rate (as a percent)	32.20%			35.00%

Other Income (Details)

Other Income (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended				4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014		Jun. 30, 2015		Jun. 30, 2014		May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Engines, airframes, parts and supplies revenue			$ 100,698		$ 92,277			$ 92,277	$ 184,213
Cost of goods sold			(82,795)	[1]	(77,341)	[1]		(77,341)	(149,388)
Gross profit			17,903		14,936			14,936	34,825
Management fees, interest and other			42,484	[2],[3],[4]	2,890	[2]		2,890	64,072	[5],[6]
Other income			60,387		$ 17,826			$ 17,826	98,897
Gain from the settlement of an asset value guarantee			$ 17,000						$ 17,000
Predecessor [Member]
Engines, airframes, parts and supplies revenue	$ 21,653						$ 123,695
Cost of goods sold	(19,488)	[1]					(102,566)
Gross profit	2,165						21,129
Management fees, interest and other	4,861	[2]					23,024
Other income	$ 7,026						$ 44,153
[1]	Amounts were presented as Cost of sales in the Predecessor financial statements.
[2]	Amounts were presented as Interest and other in the Predecessor financial statements.
[3]	Includes a $17.0 million gain from the settlement of an asset value guarantee in three months ended June 30, 2015.
[4]	Includes interest and other income from AerCap in the three months ended June 30, 2015. See Note 4-Related Party Transactions.
[5]	Includes a $17.0 million gain from the settlement of an asset value guarantee in the six months ended June 30, 2015.
[6]	Includes interest and other income from AerCap in the six months ended June 30, 2015. See Note 4-Related Party Transactions.

Selling, General and Administ67

Selling, General and Administrative Expenses (Details) - USD ($) $ in Thousands	3 Months Ended			5 Months Ended	6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2015
Selling, General and Administrative Expenses [Abstract]
Personnel expenses	$ 26,606		$ 17,029	$ 17,029	$ 60,256
Travel expenses	2,798		2,147	2,147	5,285
Professional services	2,899		2,593	2,593	4,888
Office expenses	5,981		3,584	3,584	12,256
Other expenses	32,424	[1]	5,684	5,684	61,790
Selling, general and administrative expenses	$ 70,708		$ 31,037	$ 31,037	$ 144,475
[1]	Includes allocated corporate costs from AerCap. See Note 4-Related Party Transactions.

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details)	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	May. 13, 2014USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)
Number of aircraft committed to purchase | item		326				326
Number of assets value guarantees settled | item		1
Gain from the settlement of an asset value guarantee		$ 17,000,000				$ 17,000,000
Number of guarantee obligations | item						10
Number of aircraft purchased under guarantee performance, which were subsequently sold | item						1
Provision for losses on asset value guarantees		0	$ 0		$ 0	$ 0
Total reserves, carrying balance of guarantees		102,500,000				102,500,000	$ 133,500,000
Maximum aggregate potential commitment under guarantees		$ 264,400,000				$ 264,400,000
Predecessor [Member]
Provision for losses on asset value guarantees	$ 0			$ 0

Commitments and Contingencies69

Commitments and Contingencies (Summary of Movements in Prepayments on Flight Equipment) (Details) - USD ($) $ in Thousands	5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
Commitments And Contingencies [Line Items]
Prepayments on flight equipment and capitalized interest at beginning of period		$ 3,166,381
AerCap Transaction	$ 3,176,322
Prepayments made during the period	32,913	234,516
Interest capitalized during the period	15,960	26,675
Transfers to AerCap		(65,438)
Prepayments and capitalized interest applied against the purchase of flight equipment	(73,891)	(328,699)
Prepayments on flight equipment and capitalized interest at end of period	$ 3,151,304	3,033,435
Out of Period Adjustments [Member]
Commitments And Contingencies [Line Items]
Interest capitalized during the period		$ 16,900

Variable Interest Entities (Det

Variable Interest Entities (Details)	6 Months Ended
	Jun. 30, 2015entity
Variable Interest Entity, Primary Beneficiary, Consolidated [Member] | Non-Recourse Financing Structures [Member]
Variable Interest Entity [Line Items]
Number of entities in which the entity has variable interests	1
Variable Interest Entity, Not Primary Beneficiary [Member] | Agreement to Manage Aircraft for Servicing Fee [Member]
Variable Interest Entity [Line Items]
Number of entities in which the entity has variable interests	1
Variable interest entities, Not Primary Beneficiary [Member] | Agreement to Manage Aircraft for Servicing Fee [Member] | Affiliated Entities (Castle Trusts) [Member]
Variable Interest Entity [Line Items]
Number of entities in which the entity has variable interests	2

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) $ in Thousands	1 Months Ended		3 Months Ended		4 Months Ended		5 Months Ended	6 Months Ended
	May. 13, 2014USD ($)item		Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	May. 13, 2014USD ($)item		Jun. 30, 2014USD ($)item	Jun. 30, 2015USD ($)item
Impairment charges | $			$ 2,382	$ 287			$ 287	$ 2,697
Impairment charges and fair value adjustments recorded, number of aircraft			1					2
Engines impaired or adjusted			3				1	3
Estimated economic useful life								25 years
Predecessor [Member]
Impairment charges | $	$ 7,048	[1]			$ 49,247	[2],[3]
Impairment charges and fair value adjustments recorded, number of aircraft	7				12
Engines impaired or adjusted	2				4
[1]	Amount was presented as Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed in the Predecessor financial statements.
[2]	Amount was presented as Aircraft impairment charges and fair value adjustments in the Predecessor financial statements.
[3]	Amount was presented as Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed in the Predecessor financial statements.

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis by Level Within Fair Value Hierarchy) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	$ 85	$ 1,281
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	85	1,281
Total	24,846,759	24,444,860
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total	101,848	131,814
Recurring Basis [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	85	1,281
Total	85	1,281
Recurring Basis [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	85	1,281
Total	$ 85	$ 1,281

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Carrying Amounts and Fair Values of Significant Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Restricted cash	$ 27,804	$ 421,170
Liabilities
Derivative liabilities	85	1,281
Level 1 [Member]
Assets
Cash and cash equivalents	809,967	586,349
Restricted cash	27,804	421,170
Total	837,771	1,007,519
Level 2 [Member]
Assets
Notes receivable, net	21,188	51,558
Total	21,188	51,558
Liabilities
Debt	24,846,674	24,443,579
Derivative liabilities	85	1,281
Total	24,846,759	24,444,860
Level 3 [Member]
Liabilities
Guarantees	101,848	131,814
Total	101,848	131,814
Book Value [Member]
Assets
Cash and cash equivalents	809,967	586,349
Restricted cash	27,804	421,170
Notes receivable, net	21,188	51,558
Total	858,959	1,059,077
Liabilities
Debt	24,801,918	24,568,509
Derivative liabilities	85	1,281
Guarantees	102,500	133,500
Total	24,904,503	24,703,290
Fair Value [Member]
Assets
Cash and cash equivalents	809,967	586,349
Restricted cash	27,804	421,170
Notes receivable, net	21,188	51,558
Total	858,959	1,059,077
Liabilities
Debt	24,846,674	24,443,579
Derivative liabilities	85	1,281
Guarantees	101,848	131,814
Total	$ 24,948,607	$ 24,576,674

Equity (Schedule Of Movements I

Equity (Schedule Of Movements In Equity) (Details) - USD ($) $ in Thousands		3 Months Ended			5 Months Ended		6 Months Ended
		Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2015
Balance							$ 5,337,191
Dividends paid							(132)
Share-based compensation							10,793
Issuance of Series 1 Beneficial Interests to AerCap Ireland Capital Limited					$ 4,634,688
Total comprehensive income		$ 254,831		$ 114,040	114,040	$ 114,040	530,218
Balance		5,878,070		4,748,728	4,748,728	4,748,728	$ 5,878,070
Series A [Member]
Dividend rate (as a percent)							0.333%
Series B [Member]
Dividend rate (as a percent)							0.443%
Total Equity Before Non-controlling Interest [Member]
Balance							$ 5,260,331
Share-based compensation							10,793
Issuance of Series 1 Beneficial Interests to AerCap Ireland Capital Limited					4,557,641
Total comprehensive income					114,040		530,218
Balance		5,801,342		4,671,681	4,671,681	4,671,681	5,801,342
Non-controlling Interest [Member]
Balance	[1]						76,860
Dividends paid	[1]						(132)
Issuance of Series 1 Beneficial Interests to AerCap Ireland Capital Limited					77,047
Balance		$ 76,728	[1]	$ 77,047	$ 77,047	$ 77,047	$ 76,728	[1]
[1]	At June 30, 2015, the dividend rate for Series A MAPS was 0.333% and the dividend rate for Series B MAPS was 0.443%.

Equity (Schedule of Rollforward

Equity (Schedule of Rollforward of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Total other comprehensive income		$ 0	$ 250		$ 250	$ 0
Predecessor [Member]
Balance at the beginning of the period	$ (2,222)		(2,222)	$ (4,184)
Other comprehensive income before reclassifications	883			3,626
Amounts reclassified from AOCI	138			428
Income tax effect	(360)			(1,431)
Total other comprehensive income	661			2,623
Balance at the end of the period	(1,561)			(1,561)
Gains and Losses on Cash Flow Hedges [Member] | Predecessor [Member]
Balance at the beginning of the period	(3,437)		(3,437)	(4,877)
Other comprehensive income before reclassifications	804			2,740
Amounts reclassified from AOCI	138			428
Income tax effect	(332)			(1,118)
Total other comprehensive income	610			2,050
Balance at the end of the period	(2,827)			(2,827)
Unrealized Gains and Losses on Available-for-sale Securities [Member] | Predecessor [Member]
Balance at the beginning of the period	1,215		$ 1,215	693
Other comprehensive income before reclassifications	79			886
Income tax effect	(28)			(313)
Total other comprehensive income	51			573
Balance at the end of the period	$ 1,266			$ 1,266

Equity (Schedule of Classificat

Equity (Schedule of Classification and Amount of Reclassifications from AOCI) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		4 Months Ended	5 Months Ended	6 Months Ended
	May. 13, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 13, 2014	Jun. 30, 2014	Jun. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expenses	$ (138)	$ 0	$ 0	$ (428)	$ 0	$ 0
Selling, general and administrative expenses		70,708	31,037		31,037	144,475
Total	(138)	$ (793,261)	$ (378,873)	(428)	$ (378,873)	$ (1,520,876)
Predecessor [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expenses	(2,318)			(3,298)
Selling, general and administrative expenses	63,311			153,890
Total	(462,438)			(1,406,723)
Gains and Losses on Cash Flow Hedges [Member] | De-designated Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expenses	(134)			(416)
Gains and Losses on Cash Flow Hedges [Member] | Interest Rate Swap Agreements [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expenses	$ (4)			$ (12)

Uncategorized Items - ilfc-2015

Label		Element	Value
Predecessor [Member]
Depreciation, Depletion and Amortization, Nonproduction	[1]	us-gaap_DepreciationAndAmortization	$ 214,089
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest		us-gaap_ProfitLoss	$ 19,778
[1]	Amount was presented as Depreciation of flight equipment in the Predecessor financial statements.