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Segment Information (Tables)
12 Months Ended
Dec. 31, 2012
Segment Information [Abstract]  
Segment reporting information by container leasing and container management segments
The following tables show condensed segment information for the years ended December 31, 2012, 2011 and 2010, reconciled to the Company's net income before income taxes and non-controlling interest as shown in its consolidated statements of income (in thousands):
 
 
Year Ended December 31, 2012
 
 
Equipment
Leasing
 
 
Container
Management
 
 
Unallocated
 
 
Total
 
Rental revenue
 
$
152,982
 
 
$
-
 
 
$
-
 
 
$
152,982
 
Management fee revenue
 
 
-
 
 
 
12,094
 
 
 
-
 
 
 
12,094
 
Gain on sale of container portfolios
 
 
-
 
 
 
1,256
 
 
 
-
 
 
 
1,256
 
Finance lease income
 
 
7,593
 
 
 
-
 
 
 
-
 
 
 
7,593
 
Total revenue
 
 
160,575
 
 
 
13,350
 
 
 
-
 
 
 
173,925
 
Depreciation of rental equipment
 
 
48,352
 
 
 
-
 
 
 
-
 
 
 
48,352
 
Amortization of intangible assets
 
 
487
 
 
 
415
 
 
 
-
 
 
 
902
 
Gain on disposition of used rental equipment
 
 
(12,445
)
 
 
-
 
 
 
-
 
 
 
(12,445
)
Storage, handling and other expenses
 
 
9,402
 
 
 
-
 
 
 
-
 
 
 
9,402
 
Marketing, general and administrative expenses
 
 
18,320
 
 
 
6,338
 
 
 
-
 
 
 
24,658
 
Loss on foreign exchange
 
 
170
 
 
 
-
 
 
 
-
 
 
 
170
 
Total operating expenses
 
 
64,286
 
 
 
6,753
 
 
 
-
 
 
 
71,039
 
Operating income
 
 
96,289
 
 
 
6,597
 
 
 
-
 
 
 
102,886
 
Interest expense
 
 
28,796
 
 
 
-
 
 
 
-
 
 
 
28,796
 
Interest income
 
 
-
 
 
 
-
 
 
 
(9
)
 
 
(9
)
Net interest expense
 
 
28,796
 
 
 
-
 
 
 
(9
)
 
 
28,787
 
Net income before income taxes and non-controlling interest
 
$
67,493
 
 
$
6,597
 
 
$
9
 
 
$
74,099
 
Total assets
 
$
1,368,236
 
 
$
19,705
 
 
$
-
 
 
$
1,387,941
 
 
 
Year Ended December 31, 2011
 
 
Equipment
Leasing
 
 
Container
Management
 
 
Unallocated
 
 
Total
 
Rental revenue
 
$
106,694
 
 
$
-
 
 
$
-
 
 
$
106,694
 
Management fee revenue
 
 
-
 
 
 
12,957
 
 
 
-
 
 
 
12,957
 
Gain on sale of container portfolios
 
 
-
 
 
 
2,345
 
 
 
-
 
 
 
2,345
 
Finance lease income
 
 
3,710
 
 
 
-
 
 
 
-
 
 
 
3,710
 
Total revenue
 
 
110,404
 
 
 
15,302
 
 
 
-
 
 
 
125,706
 
Depreciation of rental equipment
 
 
33,633
 
 
 
-
 
 
 
-
 
 
 
33,633
 
Amortization of intangible assets
 
 
625
 
 
 
629
 
 
 
-
 
 
 
1,254
 
Gain on disposition of used rental equipment
 
 
(13,374
)
 
 
-
 
 
 
-
 
 
 
(13,374
)
Storage, handling and other expenses
 
 
5,513
 
 
 
-
 
 
 
-
 
 
 
5,513
 
Marketing, general and administrative expenses
 
 
14,412
 
 
 
6,597
 
 
 
-
 
 
 
21,009
 
Gain on foreign exchange
 
 
(354
)
 
 
-
 
 
 
-
 
 
 
(354
)
Total operating expenses
 
 
40,455
 
 
 
7,226
 
 
 
-
 
 
 
47,681
 
Operating income
 
 
69,949
 
 
 
8,076
 
 
 
-
 
 
 
78,025
 
Interest expense
 
 
16,139
 
 
 
-
 
 
 
-
 
 
 
16,139
 
Interest income
 
 
-
 
 
 
-
 
 
 
(12
)
 
 
(12
)
Net interest expense
 
 
16,139
 
 
 
-
 
 
 
(12
)
 
 
16,127
 
Net income before income taxes and non-controlling interest
 
$
53,810
 
 
$
8,076
 
 
$
12
 
 
$
61,898
 
Total assets
 
$
933,094
 
 
$
20,274
 
 
$
-
 
 
$
953,368
 
 
 
Year Ended December 31, 2010
 
 
Equipment
Leasing
 
 
Container
Management
 
 
Unallocated
 
 
Total
 
Rental revenue
 
$
64,892
 
 
$
-
 
 
$
-
 
 
$
64,892
 
Management fee revenue
 
 
-
 
 
 
10,348
 
 
 
-
 
 
 
10,348
 
Gain on sale of container portfolios
 
 
-
 
 
 
614
 
 
 
-
 
 
 
614
 
Finance lease income
 
 
2,045
 
 
 
-
 
 
 
-
 
 
 
2,045
 
Total revenue
 
 
66,937
 
 
 
10,962
 
 
 
-
 
 
 
77,899
 
Depreciation of rental equipment
 
 
20,807
 
 
 
-
 
 
 
-
 
 
 
20,807
 
Amortization of intangible assets
 
 
752
 
 
 
625
 
 
 
-
 
 
 
1,377
 
Gain on disposition of used rental equipment
 
 
(9,112
)
 
 
-
 
 
 
-
 
 
 
(9,112
)
Storage, handling and other expenses
 
 
6,170
 
 
 
-
 
 
 
-
 
 
 
6,170
 
Marketing, general and administrative expenses
 
 
15,807
 
 
 
5,411
 
 
 
-
 
 
 
21,218
 
Loss on foreign exchange
 
 
513
 
 
 
-
 
 
 
-
 
 
 
513
 
Total operating expenses
 
 
34,937
 
 
 
6,036
 
 
 
-
 
 
 
40,973
 
Operating income
 
 
32,000
 
 
 
4,926
 
 
 
-
 
 
 
36,926
 
Interest expense
 
 
5,278
 
 
 
-
 
 
 
-
 
 
 
5,278
 
Interest income
 
 
-
 
 
 
-
 
 
 
(109
)
 
 
(109
)
Net interest expense
 
 
5,278
 
 
 
-
 
 
 
(109
)
 
 
5,169
 
Net income before income taxes and non-controlling interest
 
$
26,722
 
 
$
4,926
 
 
$
109
 
 
$
31,757