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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 17,179 $ 6,440
Restricted cash 54,225 76,252
Equipment held for operating lease, less accumulated depreciation of $239,195 and $228,708 at September 30, 2012 and December 31, 2011, respectively 976,639 981,505
Equipment held for sale 8,117 20,648
Operating lease related receivable, net of allowances of $323 and $477 at September 30, 2012 and December 31, 2011, respectively 8,877 8,434
Notes receivable   542
Investments 19,540 15,239
Property, equipment & furnishings, less accumulated depreciation of $6,552 and $4,957 at September 30, 2012 and December 31, 2011, respectively 6,502 6,901
Equipment purchase deposits 1,369 1,369
Other assets 18,225 15,875
Total assets 1,110,673 1,133,205
Liabilities:    
Accounts payable and accrued expenses 12,878 16,833
Liabilities under derivative instruments 2,115 12,341
Deferred income taxes 88,777 84,706
Notes payable, net of discount of $0 and $2,085 at September 30, 2012 and December 31, 2011, respectively 690,041 718,134
Maintenance reserves 63,097 54,509
Security deposits 7,093 6,278
Unearned lease revenue 4,102 3,743
Total liabilities 868,103 896,544
Shareholders' equity:    
Preferred stock ($0.01 par value, 5,000,000 shares authorized; 3,475,000 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively) 31,915 31,915
Common stock ($0.01 par value, 20,000,000 shares authorized; 9,323,343 and 9,109,663 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively) 93 91
Paid-in capital in excess of par 58,245 56,842
Retained earnings 153,682 156,704
Accumulated other comprehensive loss, net of income tax benefit of $872 and $5,249 at September 30, 2012 and December 31, 2011, respectively (1,365) (8,891)
Total shareholders' equity 242,570 236,661
Total liabilities and shareholders' equity $ 1,110,673 $ 1,133,205