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Investments (Tables)
6 Months Ended
Jun. 30, 2016
Investments  
Schedule of investments

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2016

    

WMES

 

CASC

 

Total

 

 

(in thousands)

Investment in joint ventures as of December 31, 2015

 

$

27,272

 

$

14,023

 

$

41,295

Capital contribution

 

 

4,610

 

 

 —

 

 

4,610

Earnings from joint venture

 

 

367

 

 

(124)

 

 

243

Deferred gain on engine sale

 

 

(1,212)

 

 

 —

 

 

(1,212)

Distribution

 

 

(1,167)

 

 

 —

 

 

(1,167)

Foreign Currency Translation Adjustment

 

 

 —

 

 

526

 

 

526

Investment in joint ventures as of June 30, 2016

 

$

29,870

 

$

14,425

 

$

44,295

 

Summarized financial information

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

    

2016

    

2015

 

 

(in thousands)

Revenue

 

$

7,752

 

$

6,532

Expenses

 

 

7,209

 

 

6,023

WMES net income

 

$

543

 

$

509

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

    

2016

    

2015

 

 

 

 

 

 

 

 

 

(in thousands)

Revenue

 

$

16,998

 

$

12,930

Expenses

 

 

16,390

 

 

11,750

WMES net income

 

$

608

 

$

1,180

 

 

 

 

 

 

 

 

 

 

June 30,

 

    

December 31,

 

 

 

2016

 

 

2015

 

 

(in thousands)

Total assets

 

$

307,152

 

$

256,126

Total liabilities

 

 

238,790

 

 

195,258

Total WMES net equity

 

$

68,362

 

$

60,868