XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Leasing activities:    
Operating leases $ 3,627 $ 3,571
Direct financing leases 16 15
Gain on sales of assets 889 440
Interest   1
Other revenue 2 4
Total revenues 4,534 4,031
Expenses:    
Depreciation of operating lease assets 317 455
Asset management fees to Managing Member 222 206
Railcar maintenance 332 370
Cost reimbursements to Managing Member 308 255
Other management fees 95 101
Railcar storage fees 62 95
Professional fees 185 179
Insurance 38 42
Reversal of provision for credit losses   (3)
Taxes on income and franchise fees   3
Postage 11 8
Printing and photocopying 24 17
Freight and shipping 24 55
Other 108 92
Total expenses 1,726 1,875
Net income 2,808 2,156
Net income:    
Managing Member 330 275
Other Members 2,478 1,881
Net income $ 2,808 $ 2,156
Net income per Limited Liability Company Unit (Other Members) $ 0.18 $ 0.14
Weighted average number of Units outstanding 13,560,188 13,560,188