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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Accounts receivable, net of allowance for doubtful accounts of $3,049 and $2,042 at June 30, 2019 and December 31, 2018, respectively $ 97,070 $ 95,942
Current portion of net investment in sales-type and direct finance leases 75,174 75,975
Assets held for sale 320,793 449,730
Prepaid expenses and other current assets 6,783 1,525
Total current assets 557,108 668,487
Restricted cash 28,733 30,668
Rental equipment, net of accumulated depreciation of $604,417 and $557,559 at June 30, 2019 and December 31, 2018, respectively 1,882,452 1,816,794
Net investment in sales-type and direct finance leases 460,235 473,792
Financing receivable 31,948  
Goodwill 15,794 15,794
Intangible assets, net of accumulated amortization of $6,202 and $5,397 at June 30, 2019 and December 31, 2018, respectively 4,928 5,733
Other non-current assets 3,692 1,349
Total assets [1] 2,984,890 3,012,617
Current liabilities    
Accounts payable 8,225 7,371
Accrued expenses and other current liabilities 21,509 25,069
Unearned revenue 6,448 7,573
Current portion of debt 313,064 311,381
Rental equipment payable 75,810 74,139
Total current liabilities 425,056 425,533
Debt 1,825,858 1,847,633
Deferred income tax liability 40,006 38,319
Other non-current liabilities 1,784  
Total liabilities [2] 2,292,704 2,311,485
Stockholders' equity    
Common stock, par value $0.0001 per share; authorized 84,000,000 shares; issued and outstanding 17,419,585 and 18,764,459 shares at June 30, 2019 and December 31, 2018, respectively 2 2
Additional paid-in capital 100,301 132,666
Accumulated other comprehensive loss (6,589) (6,513)
Retained earnings 494,607 471,112
Total stockholders' equity 692,186 701,132
Total liabilities and stockholders' equity 2,984,890 3,012,617
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, par value $0.0001 per share; authorized 10,000,000 54,990 54,990
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, par value $0.0001 per share; authorized 10,000,000 48,875 48,875
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]    
Current assets    
Cash 22,183 20,104
Variable Interest Entity, Primary Beneficiary [Member]    
Current assets    
Cash 35,105 25,211
Rental equipment, net of accumulated depreciation of $604,417 and $557,559 at June 30, 2019 and December 31, 2018, respectively 113,995 71,958
Net investment in sales-type and direct finance leases 9,959 13,862
Current liabilities    
Current portion of debt 38,070 41,066
Debt $ 116,311 $ 67,615
[1] Total assets at June 30, 2019 and December 31, 2018 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $35,105 and $25,211; Net investment in direct finance leases, $9,959 and $13,862; and Rental equipment, net of accumulated depreciation, $113,995, and $71,958, respectively.
[2] Total liabilities at June 30, 2019 and December 31, 2018 include the following VIE liabilities for which the VIE creditors do not have recourse to CAI International, Inc.: Current portion of debt, $38,070 and $41,066; Debt, $116,311 and $67,615, respectively.