Investments (Tables)

9 Months Ended

Sep. 30, 2017

Investments

Schedule of investments

Nine Months Ended September 30, 2017	WMES		CASC		Total
	(in thousands)
Investment in joint ventures as of December 31, 2016	$	32,470	$	12,936	$	45,406
Earnings from joint venture		5,055		1,000		6,055
Deferred gain on engine sale		(443)		(496)		(939)
Distribution		(1,880)		—		(1,880)
Foreign Currency Translation Adjustment		—		620		620
Investment in joint ventures as of September 30, 2017	$	35,202	$	14,060	$	49,262

Summarized financial information

	Three Months Ended September 30,
	2017		2016
	(in thousands)
Revenue	$	12,286	$	8,549
Expenses		6,366		7,496
WMES income before income taxes	$	5,920	$	1,053
	Nine Months Ended September 30,
	2017		2016
	(in thousands)
Revenue	$	32,146	$	25,547
Expenses		20,820		23,886
WMES income before income taxes	$	11,326	$	1,661
	September 30,			December 31,
	2017			2016
	(in thousands)
Total assets	$	241,904	$	293,299
Total liabilities		162,369		219,881
Total WMES net equity	$	79,535	$	73,418