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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 37,520 $ 32,927
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 49,317 45,205
Amortization of deferred financing costs 1,683 1,283
Amortization of net loss on terminated derivative instruments designated as cash flow hedges 783 800
Net (gain) on sale of leasing equipment (10,261) (10,760)
Net (gain) on interest rate swaps (3,152) (2,972)
Deferred income taxes 20,310 18,043
Stock compensation charge 1,857 1,212
Changes in operating assets and liabilities:    
Net equipment purchased for resale activity (18,835) (6,798)
Realized loss on interest rate swaps terminated prior to their contractual maturities   (5,498)
Other changes in operating assets and liabilities (12,763) (11,717)
Net cash provided by operating activities 66,459 61,725
Cash flows from investing activities:    
Purchases of leasing equipment and investments in finance leases (195,221) (123,100)
Proceeds from sale of equipment, net of selling costs 37,352 29,371
Cash collections on finance lease receivables, net of income earned 8,951 8,526
Other (316) 88
Net cash (used in) investing activities (149,234) (85,115)
Cash flows from financing activities:    
Stock options exercised and stock related activity (304) 132
Financing fees paid under debt facilities (7,527) (638)
Borrowings under debt facilities and proceeds under capital lease obligations 704,207 121,500
Payments under debt facilities and capital lease obligations (596,475) (148,346)
(Increase) decrease in restricted cash (2,686) 1,936
Common stock dividends paid (21,429) (18,264)
Net cash provided by (used in) financing activities 75,786 (43,680)
Net (decrease) increase in unrestricted cash and cash equivalents (6,989) (67,070)
Unrestricted cash and cash equivalents, beginning of period 65,843 140,877
Unrestricted cash and cash equivalents, end of period 58,854 73,807
Supplemental non-cash investing activities:    
Equipment purchases payable $ 74,163 $ 32,292