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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 11,302 $ 6,518
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 27,801 24,996
Write-down of equipment 1,985 282
Stock-based compensation expenses 1,715 1,603
Amortization of deferred costs 2,073 1,888
Amortization of loan discount   243
Amortization of interest rate derivative cost (199) (111)
Allowances and provisions (596) (23)
Gain on sale of leased equipment (1,534) (3,996)
Income from joint ventures, net of distributions (3,475) (320)
Deferred income taxes (6,798) 3,891
Changes in assets and liabilities:    
Receivables 4,738 (98)
Notes receivable   537
Other assets (812) 105
Accounts payable and accrued expenses 4,723 (1,698)
Restricted cash (8,538) (7,658)
Maintenance reserves 7,180 7,253
Security deposits (534) 294
Unearned lease revenue (463) 160
Net cash provided by operating activities 38,568 33,866
Cash flows from investing activities:    
Proceeds from sale of equipment (net of selling expenses) 10,093 29,051
Restricted cash for investing activities (2,208) (969)
Capital contribution to joint ventures (6,145) (2,868)
Purchase of equipment held for operating lease (92,111) (24,913)
Purchase of property, equipment and furnishings (375) (1,030)
Net cash used in investing activities (90,746) (729)
Cash flows from financing activities:    
Proceeds from issuance of notes payable 69,000 20,000
Debt issuance cost (592) (553)
Interest bearing security deposits 4,553  
Preferred stock dividends   (1,564)
Proceeds from shares issued under stock compensation plans 506 1,227
Cancellation of restricted stock units in satisfaction of withholding tax (480) (603)
Excess tax benefit from stock-based compensation   685
Repurchase of common stock (358) (1,793)
Principal payments on notes payable (21,490) (52,402)
Net cash provided by (used in) financing activities 51,139 (35,003)
Decrease in cash and cash equivalents (1,039) (1,866)
Cash and cash equivalents at beginning of period 5,379 6,440
Cash and cash equivalents at end of period 4,340 4,574
Net cash paid for:    
Interest 16,832 9,376
Income Taxes 16 65
Supplemental disclosures of non-cash investing activities:    
Engines and equipment, transferred from Held for Operating Lease to Held for Sale but not settled $ 2,063 $ 3,208