XML 41 R30.htm IDEA: XBRL DOCUMENT v3.19.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2019
Discontinued Operations [Abstract]  
Summary Of Held For Sale Railcar Assets



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

June 30,

 

December 31,



 

 

 

 

 

 

2019

 

2018

Rental equipment

 

 

 

 

 

 

$

326,058 

 

$

448,466 

Other assets

 

 

 

 

 

 

 

2,058 

 

 

1,264 

Loss on classification as held for sale

 

 

 

 

 

 

 

(7,323)

 

 

 -

Assets held for sale

 

 

 

 

 

 

$

320,793 

 

$

449,730 



Summary Of Components Of Income (Loss) From Discontinued Operations



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended June 30,

 

Six Months Ended June 30,



2019

 

2018

 

2019

 

2018

Revenue

 

 

 

 

 

 

 

 

 

 

 

Rail lease revenue

$

6,462 

 

$

9,119 

 

$

14,343 

 

$

18,223 



 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

Depreciation of rental equipment

 

1,878 

 

 

3,299 

 

 

5,249 

 

 

6,968 

Storage, handling and other expenses

 

1,136 

 

 

1,644 

 

 

2,360 

 

 

3,416 

Gain on sale of rental equipment

 

(1,271)

 

 

(57)

 

 

(8,661)

 

 

(17)

Administrative expenses

 

1,030 

 

 

835 

 

 

2,356 

 

 

1,851 

Total operating expenses

 

2,773 

 

 

5,721 

 

 

1,304 

 

 

12,218 



 

 

 

 

 

 

 

 

 

 

 

Operating income

 

3,689 

 

 

3,398 

 

 

13,039 

 

 

6,005 



 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

3,184 

 

 

3,846 

 

 

7,129 

 

 

7,391 

Income (loss) before income taxes

 

505 

 

 

(448)

 

 

5,910 

 

 

(1,386)



 

 

 

 

 

 

 

 

 

 

 

Loss on classification as held for sale

 

7,323 

 

 

 -

 

 

7,323 

 

 

 -

Loss from discontinued operations before income taxes

 

(6,818)

 

 

(448)

 

 

(1,413)

 

 

(1,386)

Income tax benefit

 

(1,618)

 

 

(94)

 

 

(342)

 

 

(291)

Net loss from discontinued operations

$

(5,200)

 

$

(354)

 

$

(1,071)

 

$

(1,095)