Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2019

Discontinued Operations [Abstract]

Summary Of Held For Sale Railcar Assets

	September 30,		December 31,
	2019		2018
Rental equipment	$	315,868	$	448,466
Other assets		1,878		1,264
Loss on classification as held for sale		(7,323)		-
Impairment of rental equipment		(25,632)		-
Assets held for sale	$	284,791	$	449,730

Summary Of Components Of Income (Loss) From Discontinued Operations

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Revenue
Rail lease revenue	$	5,871	$	8,759	$	20,214	$	26,982
Operating expenses
Depreciation of rental equipment		-		3,537		5,248		10,505
Storage, handling and other expenses		3,453		1,008		5,813		4,424
(Gain) loss on sale of rental equipment		(757)		8		(9,418)		(9)
Administrative expenses		620		974		2,977		2,825
Total operating expenses		3,316		5,527		4,620		17,745
Operating income		2,555		3,232		15,594		9,237
Interest expense		2,975		3,972		10,104		11,364
(Loss) income before income taxes		(420)		(740)		5,490		(2,127)
Loss on classification as held for sale and subsequent impairment		25,632		-		32,955		-
Loss from discontinued operations before income taxes		(26,052)		(740)		(27,465)		(2,127)
Income tax benefit		(6,140)		(175)		(6,482)		(502)
Net loss from discontinued operations	$	(19,912)	$	(565)	$	(20,983)	$	(1,625)