CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income		$ 17,138	$ 5,272
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		28,879	28,058
Amortization of debt issuance costs		945	747
Amortization of intangible assets		544	669
Stock-based compensation expense		604	461
Unrealized (gain) loss on foreign exchange		(80)	236
(Gain) loss on sale of used rental equipment		(2,195)	873
Deferred income taxes		752	601
Bad debt expense		124	187
Changes in other operating assets and liabilities:
Accounts receivable		671	(2,653)
Prepaid expenses and other assets		(27)	(4,134)
Accounts payable, accrued expenses and other current liabilities		(6,288)	(4,763)
Due to container investors		(1,458)	(621)
Unearned revenue		(362)	(648)
Net cash provided by operating activities		39,247	24,285
Cash flows from investing activities
Purchase of rental equipment	[1]	(112,763)	(48,116)
Proceeds from sale of used rental equipment		9,671	19,325
Purchase of furniture, fixtures and equipment		(58)	(44)
Receipt of principal payments from direct financing leases		8,336	4,114
Net cash used in investing activities		(94,814)	(24,721)
Cash flows from financing activities
Proceeds from debt		477,600	85,787
Principal payments on debt		(441,884)	(100,541)
Debt issuance costs		(3,485)
Proceeds from issuance of stock		42,076
Exercise of stock options		24	327
Net cash provided by (used in) financing activities		74,331	(14,427)
Effect on cash of foreign currency translation		98	997
Net increase (decrease) in cash and restricted cash		18,862	(13,866)
Cash and restricted cash at beginning of the period	[2]	47,209	52,326
Cash and restricted cash at end of the period	[3]	66,071	38,460
Cash paid during the period for:
Income taxes		174	97
Interest		16,654	11,504
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to direct finance lease		15,956	1,806
Transfer of direct finance lease to rental equipment			291
Rental equipment payable		$ 133,714	$ 51,357

[1] Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indicated.

[2] Includes cash of $14,735 and $15,685, cash held by variable interest entities of $20,685 and $30,449, and restricted cash of $11,789 and $6,192 at December 31, 2017 and 2016, respectively.

[3] Includes cash of $21,564 and $12,141, cash held by variable interest entities of $22,765 and $20,382, and restricted cash of $21,742 and $5,937 at March 31, 2018 and 2017, respectively.