Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 9,732	$ 13,493
Restricted cash	33,026	51,258
Equipment held for operating lease, less accumulated depreciation of $316,532 and $281,087 at December 31, 2015 and December 31, 2014, respectively	1,122,859	1,066,448
Equipment held for sale	23,454	18,114
Operating lease related receivables, net of allowances of $912 and $215 at December 31, 2015 and 2014, respectively	14,072	8,912
Spare parts inventory	20,526	18,593
Investments	41,295	41,590
Property, equipment & furnishings, less accumulated depreciation of $11,102 and $9,420 at Decemeber 31, 2015 and December 31, 2014, respectively	20,247	17,955
Intangible assets, net	932	1,164
Other assets	22,434	24,099
Total assets	1,308,577	1,261,626
Liabilities:
Accounts payable and accrued expenses	21,665	21,614
Deferred income taxes	96,742	90,510
Notes payable	878,684	840,956
Maintenance reserves	71,054	66,474
Security deposits	25,010	20,869
Unearned lease revenue	5,090	4,342
Total liabilities	1,098,245	1,044,765
Shareholders' equity:
Common stock ($0.01 par value, 20,000,000 shares authorized; 7,548,395 and 8,346,304 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively)	75	83
Paid-in capital in excess of par	28,720	42,076
Retained earnings	182,058	174,702
Accumulated other comprehensive loss, net of income tax benefit of $275 at December 31, 2015	(521)
Total shareholders' equity	210,332	216,861
Total liabilities and shareholders' equity	$ 1,308,577	$ 1,261,626