XML 45 R33.htm IDEA: XBRL DOCUMENT v3.5.0.2
Operating Segments (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
segment
Jun. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Operating segments          
Number of operating segments | segment     2    
Revenue:          
Lease rent revenue $ 29,181 $ 25,882 $ 57,457 $ 51,142  
Maintenance reserve revenue 15,514 10,477 31,333 22,916  
Spare parts sales 3,673 3,716 6,305 5,867  
Gain on sale of leased equipment 258 3,132 3,250 3,862  
Other revenue 992 603 1,992 1,359  
Total revenue 49,618 43,810 100,337 85,146  
Expenses:          
Depreciation and amortization expense 16,188 17,626 32,607 35,288  
Cost Of Spare Parts and Equipment Sales 2,787 2,820 4,719 4,300  
General and administrative 10,685 9,112 22,437 19,084  
Net finance costs 10,534 9,860 20,542 18,276  
Other expense 3,696 5,492 7,428 7,348  
Total expenses 43,890 44,910 87,733 84,296  
Earnings (loss) from operations 5,728 (1,100) 12,604 850  
Total assets 1,292,397   1,292,397   $ 1,294,285
Operating Segments [Member] | Leasing and Related Operations          
Revenue:          
Lease rent revenue 29,181 25,882 57,457 51,142  
Maintenance reserve revenue 15,514 10,477 31,333 22,916  
Spare parts sales 900 850 900 850  
Gain on sale of leased equipment 258 3,132 3,250 3,862  
Other revenue 972 583 1,905 1,199  
Total revenue 46,825 40,924 94,845 79,969  
Expenses:          
Depreciation and amortization expense 16,103 17,554 32,440 35,144  
Cost Of Spare Parts and Equipment Sales 648 620 648 620  
General and administrative 9,958 8,390 20,938 17,729  
Net finance costs 10,414 9,756 20,327 18,082  
Other expense 3,696 5,492 7,428 7,348  
Total expenses 40,819 41,812 81,781 78,923  
Earnings (loss) from operations 6,006 (888) 13,064 1,046  
Total assets 1,267,186   1,267,186   1,267,414
Operating Segments [Member] | Spare Parts Sales          
Revenue:          
Spare parts sales 2,773 2,866 5,405 5,017  
Other revenue 590 100 948 396  
Total revenue 3,363 2,966 6,353 5,413  
Expenses:          
Depreciation and amortization expense 85 72 167 144  
Cost Of Spare Parts and Equipment Sales 2,139 2,200 4,071 3,680  
General and administrative 727 722 1,499 1,355  
Net finance costs 120 104 215 194  
Total expenses 3,071 3,098 5,952 5,373  
Earnings (loss) from operations 292 (132) 401 40  
Total assets 25,211   25,211   $ 26,871
Intersegment Eliminations [Member]          
Revenue:          
Other revenue (570) (80) (861) (236)  
Total revenue (570) (80) (861) (236)  
Expenses:          
Earnings (loss) from operations $ (570) $ (80) $ (861) $ (236)