CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities
Net (loss) income		$ (1,330)	$ 18,574
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation		27,314	31,839
Impairment of rental equipment		19,167
Amortization of debt issuance costs		988	1,202
Amortization of intangible assets		403	403
Stock-based compensation expense		874	839
Unrealized loss on foreign exchange		220	26
Gain on sale of rental equipment		(1,614)	(8,832)
Deferred income taxes		(3,504)	630
Bad debt (recovery) expense		(1,076)	738
Changes in other operating assets and liabilities:
Accounts receivable		4,409	1,158
Prepaid expenses and other assets		830	(1,132)
Net investment in finance leases		17,113	16,442
Accounts payable, accrued expenses and other liabilities		(3,231)	(5,520)
Unearned revenue		(438)	(2,038)
Net cash provided by operating activities		60,125	54,329
Cash flows from investing activities
Purchase of rental equipment	[1]	(27,500)	(141,212)
Proceeds from sale of rental equipment		24,576	180,331
Receipt of principal payments from financing receivable		325
Purchase of furniture, fixtures and equipment		(310)	(50)
Net cash (used in) provided by investing activities		(2,909)	39,069
Cash flows from financing activities
Proceeds from debt		110,000	306,582
Principal payments on debt		(103,742)	(382,847)
Debt issuance costs			(419)
Repurchase of common stock			(13,946)
Dividends paid to preferred stockholders		(2,207)	(2,207)
Exercise of stock options		113	107
Net cash provided by (used in) financing activities		4,164	(92,730)
Effect on cash of foreign currency translation		(77)	238
Net increase in cash and restricted cash		61,303	906
Cash and restricted cash at beginning of the period	[2]	73,239	75,983
Cash and restricted cash at end of the period	[3]	134,542	76,889
Cash paid during the period for:
Income taxes		111	91
Interest		19,736	22,544
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to finance lease		5,760	8,349
Rental equipment payable		$ 4,596	$ 56,221

[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 $19,870 and $20,104, cash held by variable interest entities of $26,594 and $25,211, and restricted cash of $26,775 and $30,668 at December 31, 2019 and 2018, respectively.

[3] Includes cash of $87,727 and $20,128, cash held by variable interest entities of $21,016 and $27,058, and restricted cash of $25,799 and $29,703 at March 31, 2020 and 2019, respectively.