Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2020

Discontinued Operations [Abstract]

Summary Of Held For Sale Assets And Liabilities

	December 31,		December 31,
	2020		2019
Assets
Rail
Rental equipment	$	-	$	282,104
Other assets		-		2,409
				284,513
Logistics
Accounts receivable, net of allowance for doubtful accounts		-		15,601
Prepaid expenses and other assets		-		2,263
Goodwill		-		15,794
Intangible assets		-		4,123
		-		37,781
Total assets held for sale	$	-	$	322,294
Liabilities
Logistics
Accounts payable	$	-	$	2,757
Accrued expenses and other current liabilities				5,995
Total liabilities held for sale	$	-	$	8,752
Net assets held for sale	$	-	$	313,542

Summary Of Components Of Loss From Discontinued Operations

	Year Ended December 31, 2020
	Rail		Logistics		Total
Revenue
Rail lease revenue	$	22,949	$	-	$	22,949
Logistics revenue		-		66,304		66,304
Total revenue		22,949		66,304		89,253
Operating expenses
Depreciation of rental equipment		6,319		-		6,319
Impairment of rental equipment		19,724		-		19,724
Storage, handling and other expenses		5,732		-		5,732
Logistics transportation costs		-		58,440		58,440
Loss on sale of rental equipment		19,608		-		19,608
Administrative expenses		5,678		11,702		17,380
Loss on classification as held for sale		-		18,477		18,477
Total operating expenses		57,061		88,619		145,680
Operating loss		(34,112)		(22,315)		(56,427)
Interest expense (income)		7,077		(7)		7,070
Loss before income taxes		(41,189)		(22,308)		(63,497)
Income tax benefit		(7,562)		(3,226)		(10,788)
Net loss from discontinued operations	$	(33,627)	$	(19,082)	$	(52,709)

	Year Ended December 31, 2019
	Rail		Logistics		Total
Revenue
Rail lease revenue	$	26,130	$	-	$	26,130
Logistics revenue		-		117,687		117,687
Total revenue		26,130		117,687		143,817
Operating expenses
Depreciation of rental equipment		5,248		-		5,248
Impairment of rental equipment		32,955		-		32,955
Storage, handling and other expenses		6,782		-		6,782
Logistics transportation costs		-		104,109		104,109
Gain on sale of rental equipment		(9,490)		-		(9,490)
Administrative expenses		3,680		18,511		22,191
Total operating expenses		39,175		122,620		161,795
Operating loss		(13,045)		(4,933)		(17,978)
Interest expense (income)		13,343		(16)		13,327
Loss before income taxes		(26,388)		(4,917)		(31,305)
Income tax benefit		(6,378)		(591)		(6,969)
Net loss from discontinued operations	$	(20,010)	$	(4,326)	$	(24,336)

‎

	Year Ended December 31, 2018
	Rail		Logistics		Total
Revenue
Rail lease revenue	$	35,703	$	-	$	35,703
Logistics revenue		-		111,471		111,471
Total revenue		35,703		111,471		147,174
Operating expenses
Depreciation of rental equipment		14,189		-		14,189
Storage, handling and other expenses		5,692		-		5,692
Logistics transportation costs		-		97,170		97,170
Gain on sale of rental equipment		(1,839)		-		(1,839)
Administrative expenses		4,065		17,448		21,513
Total operating expenses		22,107		114,618		136,725
Operating income (loss)		13,596		(3,147)		10,449
Interest expense		15,772		-		15,772
Loss from discontinued operations before income taxes		(2,176)		(3,147)		(5,323)
Income tax benefit		(1,667)		(535)		(2,202)
Net loss from discontinued operations	$	(509)	$	(2,612)	$	(3,121)