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Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Leasing activities:        
Operating leases $ 976 $ 1,013 $ 2,681 $ 2,649
Direct financing leases 4   13  
Gain on sales of assets 399 54 872 235
Interest   1   1
Other revenue 1 3 1 3
Total revenues 1,380 1,071 3,567 2,888
Expenses:        
Depreciation of operating lease assets 76 104 244 362
Asset management fees to Managing Member 29 25 100 68
Railcar maintenance 77 90 209 270
Cost reimbursements to Managing Member 75 59 247 186
Other management fees 16 28 69 74
Railcar storage fees 15 13 48 83
Professional fees 34 36 151 150
Insurance 12 5 31 31
Reversal of provision for credit losses       (3)
Taxes on income and franchise fees       2
Postage 3   8 5
Printing and photocopying 6   14 11
Freight and shipping 12 7 25 54
Other 25 24 80 69
Total expenses 380 391 1,226 1,362
Net income $ 1,000 $ 680 $ 2,341 $ 1,526
Net income:        
Managing Member
Other Members $ 1,000 $ 680 $ 2,341 $ 1,526
Net income $ 1,000 $ 680 $ 2,341 $ 1,526
Net income per Limited Liability Company Unit (Other Members) $ 0.07 $ 0.05 $ 0.17 $ 0.11
Weighted average number of Units outstanding 13,560,188 13,560,188 13,560,188 13,560,188