Nature of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Concentration Risk of Total Lease Rental Income

Except for the lessees noted in the table below, no other single lessee accounted for more than 10% of the Company’s total lease rental income during the years ended December 31, 2022, 2021 and 2020:

Total Lease Rental Income	2022			2021			2020
Customer A		24.4	%		21.0	%		17.8	%
Customer B		11.7	%		12.2	%		13.1	%
Customer C		10.8	%		12.1	%		9.7	%

Schedule of Cost, Accumulated Depreciation and Net Book Value of the Company's Leasing Equipment by Equipment Type

The Company estimates the useful lives and residual values of its container leasing equipment to be as follows:

	As of December 31, 2022 and 2021
	Estimated useful		Residual
	life (years)		Value
Dry containers other than open top and flat rack    containers:
20'		13	$	1,000
40'		14	$	1,200
40' high cube		13	$	1,400
45' high cube		13	$	1,500
Refrigerated containers:
20'		12	$	2,750
20' high cube		12	$	2,049
40' high cube		12	$	4,000
Open top and flat rack containers:
20' folding flat rack		15	$	1,300
40' folding flat rack		16	$	1,700
20' open top		15	$	1,500
40' open top		14	$	2,500
Tank containers		20	10% of cost

The cost, accumulated depreciation and net book value of the Company’s container leasing equipment by equipment type as of December 31, 2022 and 2021 were as follows:

	2022							2021
	Cost		Accumulated Depreciation			Net Book Value		Cost		Accumulated Depreciation			Net Book Value
Dry containers other than    open top and flat rack    containers:
20'	$	1,469,668	$	(490,098	)	$	979,570	$	1,530,464	$	(471,549	)	$	1,058,915
40'		121,512		(51,170	)		70,342		141,292		(55,448	)		85,844
40' high cube		3,416,785		(906,234	)		2,510,551		3,496,469		(791,349	)		2,705,120
45' high cube		24,718		(13,865	)		10,853		27,354		(13,871	)		13,483
Refrigerated containers:
20'		15,537		(8,472	)		7,065		18,445		(8,899	)		9,546
20' high cube		116		(95	)		21		809		(606	)		203
40' high cube		1,122,563		(503,886	)		618,677		1,163,149		(462,645	)		700,504
Open top and flat rack    containers:
20' folding flat		15,840		(5,818	)		10,022		16,206		(5,291	)		10,915
40' folding flat		46,519		(20,335	)		26,184		47,739		(19,073	)		28,666
20' open top		12,731		(2,329	)		10,402		13,046		(2,090	)		10,956
40' open top		19,215		(4,774	)		14,441		21,394		(4,827	)		16,567
Tank containers		129,587		(22,591	)		106,996		107,175		(16,016	)		91,159
Total Containers	$	6,394,791	$	(2,029,667	)	$	4,365,124	$	6,583,542	$	(1,851,664	)	$	4,731,878

Net Gain on Sale of Owned Fleet Containers

During the years ended December 31, 2022, 2021 and 2020, the Company recorded the following net gain on sale of containers, included in “gain on sale of owned fleet containers, net” in the consolidated statements of operations:

	2022				2021				2020
	Units		Amount		Units		Amount		Units		Amount
Gain on sale of previously written    down owned fleet containers, net		2,765	$	431		3,430	$	2,165		51,541	$	15,451
Gain on sale of owned fleet     containers not written down, net		77,217		76,516		50,550		65,064		54,807		11,779
Gain on sale of owned fleet    containers, net		79,982	$	76,947		53,980	$	67,229		106,348	$	27,230