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Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Leasing activities:    
Operating leases $ 1,585 $ 2,343
Gain (loss) on sales of equipment under operating leases 107 481
Other 1,126 24
Total revenues 2,818 2,848
Expenses:    
Depreciation of operating lease assets 130 522
Asset management fees to Managing Member and/or affiliates 87 130
Costs reimbursed to Managing Member and/or affiliates 195 396
Amortization of initial direct costs 3 2
Impairment losses on equipment 281 459
Railcar maintenance 112 149
Provision for credit losses   85
Impairment losses on investment in securities 11  
Professional fees 179 115
Franchise fees and taxes 34 (106)
Outside services 113 144
Insurance 34 41
Storage fees 73 92
Other 104 122
Total operating expenses 1,356 2,151
Net income 1,462 697
Net income:    
Managing Member 181 266
Other Members 1,281 431
Net income $ 1,462 $ 697
Net income (loss) per Limited Liability Company Unit (Other Members) $ 90.00 $ 30.00
Weighted average number of Units outstanding 13,971,486 13,971,486