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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contracts with Customers  
Schedule of disaggregation of revenue by major source

The following table disaggregates revenue by major source for the three and six months ended June 30, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Leasing and 

    

 

 

    

 

 

 

 

Three months ended  June 30, 2018

 

Related Operations

 

Spare Parts Sales

 

Eliminations (1)

 

Total

Leasing revenue (2)

 

$

65,730

 

$

 —

 

$

 —

 

$

65,730

Gain on sale of leased equipment (3)

 

 

187

 

 

58

 

 

 —

 

 

245

Spare parts and equipment sales

 

 

 —

 

 

7,061

 

 

 —

 

 

7,061

Managed services

 

 

1,252

 

 

 —

 

 

 —

 

 

1,252

Other revenue

 

 

 —

 

 

210

 

 

(195)

 

 

15

Total revenue

 

$

67,169

 

$

7,329

 

$

(195)

 

$

74,303

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Leasing and 

    

 

 

    

 

 

 

 

Six months ended June 30, 2018

 

Related Operations

 

Spare Parts Sales

 

Eliminations (1)

 

Total

Leasing revenue (2)

 

$

121,744

 

$

 —

 

$

 —

 

$

121,744

Gain on sale of leased equipment (3)

 

 

767

 

 

119

 

 

 —

 

 

886

Spare parts and equipment sales

 

 

 —

 

 

13,347

 

 

 —

 

 

13,347

Managed services

 

 

2,173

 

 

 —

 

 

 —

 

 

2,173

Other revenue

 

 

 —

 

 

1,323

 

 

(1,277)

 

 

46

Total revenue

 

$

124,684

 

$

14,789

 

$

(1,277)

 

$

138,196

 

 

 

 

 

 

 

 

 

 

 

 

 


(1)

Represents revenue generated between our reportable segments.

(2)

Leasing revenue is recognized under the lease accounting guidance in ASC 840 Leases, and therefore qualifies for the scope exception under ASC 606.

(3)

Gain on sale of leased equipment is accounted for under ASC 610-20, Gains and losses from the derecognition of nonfinancial assets.