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Transactions with Affiliates and Container Investors
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Transactions with Affiliates and Container Investors

(4) Transactions with Affiliates and Container Investors

 

Due from affiliates, net of $2,376 and $1,509, as of December 31, 2021 and 2020, respectively, represents lease rentals on tank containers collected on behalf of and payable to the Company from the Company’s tank container manager, net of direct container expenses and management fees.

Total management fees earned from the Company’s managed fleet, including acquisition fees and sales commissions during 2021, 2020 and 2019 were as follows:

 

 

 

2021

 

 

2020

 

 

2019

 

Fees from affiliated Container Investors

 

$

 

 

$

 

 

$

3,527

 

Fees from unaffiliated Container Investors

 

 

7,689

 

 

 

9,678

 

 

 

11,374

 

Fees from Container Investors

 

 

7,689

 

 

 

9,678

 

 

 

14,901

 

Other fees

 

 

 

 

 

 

 

 

338

 

Total management fees

 

$

7,689

 

 

$

9,678

 

 

$

15,239

 

 

 

The following table provides a summary of due to container investors, net at December 31, 2021 and 2020:

 

 

 

2021

 

 

2020

 

Accounts receivable, net - managed fleet

 

$

7,639

 

 

$

10,628

 

Prepaid expenses and other current assets - managed fleet

 

 

42

 

 

 

99

 

Accounts payable and accrued expenses - managed fleet

 

 

(375

)

 

 

(1,187

)

 

 

 

7,306

 

 

 

9,540

 

Distributions due to container investors on lease rentals collected, net of

  container expenses paid and management fees

 

 

10,679

 

 

 

9,157

 

Due to container investors, net

 

$

17,985

 

 

$

18,697

 

 

There is no due to affiliated Container Investors as of December 31, 2021 and 2020.