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Investments (Tables)
9 Months Ended
Sep. 30, 2016
Investments  
Schedule of investments

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2016

    

WMES

 

CASC

 

Total

 

 

(in thousands)

Investment in joint ventures as of December 31, 2015

 

$

27,272

 

$

14,023

 

$

41,295

Capital contribution

 

 

5,545

 

 

 —

 

 

5,545

Earnings from joint venture

 

 

929

 

 

(55)

 

 

874

Deferred gain on engine sale

 

 

(1,212)

 

 

 —

 

 

(1,212)

Distribution

 

 

(1,167)

 

 

 —

 

 

(1,167)

Foreign currency translation adjustment

 

 

 —

 

 

(2,021)

 

 

(2,021)

Investment in joint ventures as of September 30, 2016

 

$

31,367

 

$

11,947

 

$

43,314

 

Summarized financial information

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

    

2016

    

2015

 

 

(in thousands)

Revenue

 

$

8,549

 

$

7,067

Expenses

 

 

7,496

 

 

6,302

WMES net income

 

$

1,053

 

$

765

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

    

2016

    

2015

 

 

 

 

 

 

 

 

 

(in thousands)

Revenue

 

$

25,547

 

$

19,997

Expenses

 

 

23,886

 

 

18,052

WMES net income

 

$

1,661

 

$

1,945

 

 

 

 

 

 

 

 

 

 

September 30,

 

    

December 31,

 

 

 

2016

 

 

2015

 

 

(in thousands)

Total assets

 

$

292,412

 

$

256,126

Total liabilities

 

 

221,127

 

 

195,258

Total WMES net equity

 

$

71,285

 

$

60,868