Concentration of Credit Risk and Major Customers

12 Months Ended

Dec. 31, 2016

Concentration of Credit Risk and Major Customers [Abstract]

Concentration of Credit Risk and Major Customers

3. Concentration of credit risk and major customers:

The Company leases equipment to lessees and provides debt financing to borrowers in diversified industries. Leases and notes receivable are subject to the Managing Member’s credit committee review. The leases and notes receivable provide for the return of the equipment to the Company upon default.

As of December 31, 2016 and 2015, there were concentrations (greater than or equal to 10% as a percentage of total equipment cost) of equipment leased to lessees and/or financed for borrowers in certain industries as follows:

	2016	2015
Transportation, rail	64%	58%
Transportation, containers	32%	38%

During 2016 and 2015, certain lessees and/or financial borrowers generated significant portions (defined as greater than or equal to 10%) of the Company’s total leasing and lending revenues, excluding gains or losses on disposition of assets, as follows:

		Percentage of Total Lease Revenues
Lessee	Type of Equipment	2016	2015
Exsif Worldwide Inc.	Transportation, other	22%	26%
Interstate Commodities, Inc.	Transportation, rail	21%	20%

These percentages are not expected to be comparable in future periods due to anticipated changes in the mix of investments and/or lessees as a result of normal business activities.