Investments in and Loans to Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Equity Method Investments [Line Items]

Carrying amount of investments in and loans to joint ventures

The carrying amount of investments in and loans to joint ventures, which also represents ARI's maximum exposure to loss with respect to the joint ventures, are as follows:

	December 31,
	2015		2014
	(in thousands)
Carrying amount of investments in and loans to joint ventures
Ohio Castings	$	7,776	$	9,194
Axis	19,621		19,974
Total investments in and loans to joint ventures	$	27,397	$	29,168

Ohio Castings [Member]

Schedule of Equity Method Investments [Line Items]

Carrying amount of investments in and loans to joint ventures

Summary financial results of operations for Ohio Castings, the investee company, in total, are as follows:

	Years Ended December 31,
	2015		2014		2013
	(in thousands)
Results of operations:
Revenues	$	74,113	$	83,872	$	55,497
Gross profit	$	4,787	$	8,277	$	2,993
Net earnings	$	1,230	$	5,906	$	1,115

Summary financial position information for Ohio Castings, the investee company, in total, are as follows:

	December 31,
	2015		2014
	(in thousands)
Financial position:
Current assets	$	14,589	$	21,607
Non-current assets	9,921		9,085
Total assets	24,510		30,692
Current liabilities	4,261		5,673
Members’ equity	20,249		25,019
Total liabilities and members’ equity	$	24,510	$	30,692

Axis [Member]

Schedule of Equity Method Investments [Line Items]

Carrying amount of investments in and loans to joint ventures

Summary combined financial position information for Axis, the investee company, in total, are as follows:

	December 31,
	2015			2014
	(in thousands)
Financial position:
Current assets	$	8,009		$	7,510
Non-current assets	31,494			33,838
Total assets	39,503			41,348
Current liabilities	14,544			17,356
Non-current liabilities	35,439			47,253
Total liabilities	49,983			64,609
Members’ deficit	(10,480		)	(23,261		)
Total liabilities and members’ deficit	$	39,503		$	41,348

Summary combined financial results of operations for Axis, the investee company, in total, are as follows:

	Years Ended December 31,
	2015		2014			2013
	(in thousands)
Results of operations:
Revenues	$	70,289	$	69,667		$	53,944
Gross profit	$	17,961	$	5,496		$	5,645
Earnings before interest	$	16,972	$	4,496		$	4,724
Net earnings (loss)	$	12,782	$	(390	)	$	(652	)