Short-term Investments - Available for Sale Securities

12 Months Ended

Dec. 31, 2015

Investments, Debt and Equity Securities [Abstract]

Short-term Investments - Available for Sale Securities

Short-term Investments – Available for Sale Securities

During the first quarter of 2013, Longtrain sold approximately 0.8 million shares of The Greenbrier Companies, Inc. common stock, which had been purchased in the open market for approximately $12.7 million. This resulted in a realized gain of $2.0 million that was recorded in other income on the consolidated statements of operations. See Note 18 for the amount of unrealized gain on the shares during 2013.