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Segment And Geographic Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment And Geographic Information [Abstract]  
Schedule Of Segment Information

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015

 

Container Leasing

 

Rail Leasing

 

Logistics

 

Total

Container lease income

$

217,505 

 

$

 -

 

$

 -

 

$

217,505 

Rail lease income

 

 -

 

 

17,433 

 

 

 -

 

 

17,433 

Logistics revenue

 

 -

 

 

 -

 

 

11,502 

 

 

11,502 

Management fee revenue

 

3,227 

 

 

 -

 

 

 -

 

 

3,227 

Total revenue

 

220,732 

 

 

17,433 

 

 

11,502 

 

 

249,667 

Depreciation of rental equipment

 

108,996 

 

 

4,594 

 

 

 -

 

 

113,590 

Storage, handling and other expenses

 

27,653 

 

 

2,540 

 

 

 

 

30,194 

Logistics transportation costs

 

 -

 

 

 -

 

 

10,172 

 

 

10,172 

Loss (gain) on sale of used rental equipment

 

2,276 

 

 

(1,622)

 

 

 -

 

 

654 

Administrative expenses

 

21,969 

 

 

3,131 

 

 

2,517 

 

 

27,617 

Total operating expenses

 

160,894 

 

 

8,643 

 

 

12,690 

 

 

182,227 

Operating income

 

59,838 

 

 

8,790 

 

 

(1,188)

 

 

67,440 

Net interest expense

 

32,919 

 

 

3,109 

 

 

 

 

36,034 

Other expense

 

182 

 

 

 -

 

 

 -

 

 

182 

Total other expenses

 

33,101 

 

 

3,109 

 

 

 

 

36,216 

Net income before income taxes and non-controlling interest

$

26,737 

 

$

5,681 

 

$

(1,194)

 

$

31,224 

Goodwill

$

 -

 

$

 -

 

$

2,905 

 

$

2,905 

Total assets

$

1,738,829 

 

$

241,415 

 

$

6,300 

 

$

1,986,544 

Purchase of rental equipment

$

226,469 

 

$

162,862 

 

$

 -

 

$

389,331 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2014

 

Container Leasing

 

Rail Leasing

 

Logistics

 

Total

Container lease income

$

210,756 

 

$

 -

 

$

 -

 

$

210,756 

Rail lease income

 

 -

 

 

10,336 

 

 

 -

 

 

10,336 

Management fee revenue

 

6,497 

 

 

 -

 

 

 -

 

 

6,497 

Total revenue

 

217,253 

 

 

10,336 

 

 

 -

 

 

227,589 

Depreciation of rental equipment

 

75,150 

 

 

2,826 

 

 

 -

 

 

77,976 

Storage, handling and other expenses

 

23,841 

 

 

2,202 

 

 

 -

 

 

26,043 

Gain on sale of used rental equipment

 

(6,506)

 

 

(16)

 

 

 -

 

 

(6,522)

Administrative expenses

 

24,180 

 

 

2,358 

 

 

 -

 

 

26,538 

Total operating expenses

 

116,665 

 

 

7,370 

 

 

 -

 

 

124,035 

Operating income

 

100,588 

 

 

2,966 

 

 

 -

 

 

103,554 

Net interest expense

 

33,212 

 

 

1,993 

 

 

 -

 

 

35,205 

Other expense

 

773 

 

 

 -

 

 

 -

 

 

773 

Total other expenses

 

33,985 

 

 

1,993 

 

 

 -

 

 

35,978 

Net income before income taxes and non-controlling interest

$

66,603 

 

$

973 

 

$

 -

 

$

67,576 

Total assets

$

1,708,266 

 

$

87,574 

 

$

 -

 

$

1,795,840 

Purchase of rental equipment

$

289,921 

 

$

17,362 

 

$

 -

 

$

307,283 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2013

 

Container Leasing

 

Rail Leasing

 

Logistics

 

Total

Container lease income

$

197,360 

 

$

 -

 

$

 -

 

$

197,360 

Rail lease income

 

 -

 

 

7,179 

 

 

 -

 

 

7,179 

Management fee revenue

 

7,866 

 

 

 -

 

 

 -

 

 

7,866 

Total revenue

 

205,226 

 

 

7,179 

 

 

 -

 

 

212,405 

Depreciation of rental equipment

 

65,122 

 

 

1,987 

 

 

 -

 

 

67,109 

Storage, handling and other expenses

 

17,293 

 

 

1,964 

 

 

 -

 

 

19,257 

Gain on sale of used rental equipment

 

(7,342)

 

 

(14)

 

 

 -

 

 

(7,356)

Administrative expenses

 

23,369 

 

 

1,259 

 

 

 -

 

 

24,628 

Total operating expenses

 

98,442 

 

 

5,196 

 

 

 -

 

 

103,638 

Operating income

 

106,784 

 

 

1,983 

 

 

 -

 

 

108,767 

Net interest expense

 

34,501 

 

 

1,499 

 

 

 -

 

 

36,000 

Other expense

 

1,190 

 

 

 -

 

 

 -

 

 

1,190 

Total other expenses

 

35,691 

 

 

1,499 

 

 

 -

 

 

37,190 

Net income before income taxes and non-controlling interest

$

71,093 

 

$

484 

 

$

 -

 

$

71,577 

Purchase of rental equipment

$

293,379 

 

$

18,765 

 

$

 -

 

$

312,144 

 

Schedule Of Geographic Allocation Of Revenue

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2015

 

2014

 

2013

United States

$

48,103 

 

$

13,821 

 

$

11,605 

France

 

25,811 

 

 

26,586 

 

 

23,956 

Japan

 

24,919 

 

 

26,124 

 

 

24,353 

Switzerland

 

18,937 

 

 

22,813 

 

 

21,727 

Korea

 

17,703 

 

 

23,169 

 

 

22,781 

Other Asia

 

62,702 

 

 

64,677 

 

 

57,421 

Other Europe

 

37,353 

 

 

33,235 

 

 

31,493 

Other International

 

14,139 

 

 

17,164 

 

 

19,069 

Total revenue

$

249,667 

 

$

227,589 

 

$

212,405