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CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net income $ 64,281 $ 50,814 $ 28,202
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 48,849 34,078 21,064
Amortization of debt issuance costs 2,643 1,421 641
Amortization of intangible assets 902 1,254 1,377
Stock-based compensation expense 1,288 1,119 1,069
Loss (gain) on foreign exchange 244 (215) 640
Gain on sale of container portfolios (1,256) (2,345) (614)
Gain on disposition of used rental equipment (12,445) (13,374) (9,112)
Reduction of income tax reserve 0 0 (2,027)
Deferred income taxes 6,014 3,883 3,069
Restructuring charges 0 0 107
Bad debt expense (recovery) 29 (936) 1,063
Changes in other operating assets and liabilities:      
Accounts receivable (10,492) (3,842) (10,390)
Prepaid expenses and other assets (1,814) 1,406 3,423
Accounts payable, accrued expenses and other current liabilities 9,016 933 (3,754)
Due to container investors (1,524) (3,170) 6,104
Unearned revenue 1,095 1,079 1,562
Net cash provided by operating activities 106,830 72,105 42,424
Cash flows from investing activities      
Purchase of rental equipment (524,354) (491,780) (204,565)
Net proceeds from sale of container portfolios 10,320 24,886 12,367
Net proceeds from disposition of used rental equipment 44,306 30,824 31,922
Purchase of furniture, fixtures and equipment (249) (147) (2,265)
Receipt of principal payments from direct financing leases 8,758 6,080 5,333
Net cash used in investing activities (461,219) (430,137) (157,208)
Cash flows from financing activities      
Net proceeds from issuance of common stock 51,543 0 22,353
Proceeds from debt 1,035,381 558,401 135,800
Principal payments on debt (699,161) (197,901) (56,394)
(Repurchase of) contributions from noncontrolling interest (19,467) 0 18,256
Debt issuance costs (6,436) (1,853) (4,995)
Increase in restricted cash (3,777) (599) 0
Net cash provided by financing activities 358,083 358,048 115,020
Effect on cash of foreign currency translation (101) (331) (335)
Net increase (decrease) in cash 3,593 (315) (99)
Cash at beginning of the period 14,078 14,393 14,492
Cash at end of the period 17,671 14,078 14,393
Cash paid during the period for:      
Income taxes 3,312 6,983 2,206
Interest 24,087 12,475 3,964
Supplemental disclosure of non-cash investing and financing activity      
Transfer of rental equipment to direct finance lease 56,426 31,158 5,874
Transfer of rental equipment off direct finance lease 0 0 1,286
Rental equipment purchase funded by offset to accounts receivable 0 0 1,764
Payment of revolving credit facility from term loan $ 20,000 $ 0 $ 185,000