Investments in Equipment and Leases, Net (Tables)

12 Months Ended

Dec. 31, 2013

Investments in Equipment and Leases, Net [Abstract]

Investment in Leases

The Company’s investment in leases consists of the following (in thousands):

		Balance December 31, 2012		Reclassifications & Additions / Dispositions		Depreciation/ Amortization Expense or Amortization of Leases		Balance December 31, 2013
Net investment in operating leases	$	6,230	$	(1,361)	$	(638)	$	4,231
Net investment in direct financing leases		100		(52)		(48)		-
Assets held for sale or lease, net		629		699		(38)		1,290
Total	$	6,959	$	(714)	$	(724)	$	5,521

Property on Operating Leases

Property on operating leases consists of the following (in thousands):

		Balance December 31, 2012		Additions		Reclassifications or Dispositions		Balance December 31, 2013
Containers	$	19,380	$	-	$	(3,506)	$	15,874
Transportation, rail		13,125		-		(1,772)		11,353
Marine vessel		4,793		-		(4,793)		-
Other		640		-		-		640
		37,938		-		(10,071)		27,867
Less accumulated depreciation		(31,708)		(638)		8,710		(23,636)
Total	$	6,230	$	(638)	$	(1,361)	$	4,231

Future Minimum Lease Payments Receivable

At December 31, 2013, the aggregate amount of future lease payments is as follows (in thousands):

		Operating Leases
Year ending December 31, 2014	$	1,200
2015		572
2016		284
2017		267
2018		78
Thereafter		6
	$	2,407