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Fair Value Of Financial Instruments
12 Months Ended
Dec. 31, 2015
Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments

(12)Fair Value of Financial Instruments

The carrying amounts reported in the consolidated balance sheets for cash, accounts receivable and accounts payable approximate fair value because of the immediate or short-term maturity of these financial instruments. The Company’s collateralized financing obligations of $112.2 million as of December 31, 2015 were estimated to have a fair value of approximately $110.9 million based on the fair value of estimated future payments calculated using the prevailing interest rates. The fair value of these financial instruments would be categorized as Level 3 of the fair value hierarchy. Management believes that the balances of the Company’s revolving credit facilities of $657.0 million, term loans totaling $293.6 million, senior secured notes of $78.3 million, asset-backed notes of $282.9 million, term loans held by VIE of $7.6 million, capital lease obligations of less than $0.1 million and net investment in direct finance leases of $103.4 million approximate their fair values as of December 31, 2015. The fair value of these financial instruments would be categorized as Level 3 of the fair value hierarchy.