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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Accounts receivable, net of allowance for doubtful accounts of $966 and $548 at June 30, 2016 and December 31, 2015, respectively $ 69,013 $ 55,284
Current portion of direct finance leases 24,449 21,158
Prepaid expenses and other current assets 2,377 2,155
Total current assets 127,465 131,150
Restricted cash 6,702 7,212
Rental equipment, net of accumulated depreciation of $385,571 and $349,810 at June 30, 2016 and December 31, 2015, respectively 1,795,851 1,748,211
Net investment in direct finance leases 78,066 82,210
Goodwill 15,482 2,905
Intangible assets, net of accumulated amortization of $1,512 and $1,237 at June 30, 2016 and December 31, 2015, respectively 10,860 1,223
Furniture, fixtures and equipment, net of accumulated depreciation of $2,805 and $2,027 at June 30, 2016 and December 31, 2015, respectively 701 674
Total assets [1] 2,035,127 1,973,585
Current liabilities    
Accounts payable 14,417 11,962
Accrued expenses and other current liabilities 10,135 4,813
Due to container investors 6,528 5,801
Unearned revenue 12,085 11,990
Current portion of debt 89,159 169,596
Rental equipment payable 21,159 10,901
Total current liabilities 153,483 215,063
Debt 1,360,574 1,249,057
Deferred income tax liability 51,627 48,204
Other long term liabilities 3,500  
Total liabilities [2] 1,569,184 1,512,324
Stockholders' equity    
Common stock: par value $.0001 per share; authorized 84,000,000 shares; issued and outstanding 19,317,984 and 20,132,706 shares at June 30, 2016 and December 31, 2015, respectively 2 2
Additional paid-in capital 142,295 148,523
Accumulated other comprehensive loss (7,012) (7,922)
Retained earnings 330,658 319,735
Total CAI stockholders' equity 465,943 460,338
Non-controlling interest   923
Total stockholders' equity 465,943 461,261
Total liabilities and stockholders' equity 2,035,127 1,973,585
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]    
Current assets    
Cash 15,723 17,447
Variable Interest Entity, Primary Beneficiary [Member]    
Current assets    
Cash 15,903 35,106
Rental equipment, net of accumulated depreciation of $385,571 and $349,810 at June 30, 2016 and December 31, 2015, respectively 65,682 85,101
Net investment in direct finance leases 5,475 1,915
Current liabilities    
Current portion of debt 24,882 60,382
Debt $ 65,073 $ 59,445
[1] Total assets at June 30, 2016 and December 31, 2015 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $15,903 and $35,106; Net investment in direct finance leases, $5,475 and $1,915; and Rental equipment, net of accumulated depreciation, $65,682 and $85,101, respectively.
[2] Total liabilities at June 30, 2016 and December 31, 2015 include the following VIE liabilities for which the VIE creditors do not have recourse to CAI International, Inc.: Current portion of debt, $24,882 and $60,382; Debt, $65,073 and $59,445, respectively.