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Concentration of Credit Risk and Major Customers (Tables)
12 Months Ended
Dec. 31, 2019
Concentration of Credit Risk and Major Customers [Abstract]  
Schedule of Equipment Leased

As of December 31, 2019 and 2018, there were concentrations (greater than or equal to 10% as a percentage of total equipment cost) of equipment leased to lessees and/or financed for borrowers in certain industries as follows:

 

 

 

 

 

 

 

 

Percentage of

 

 

 

Total Equipment Cost

 

Industry

    

2019

    

2018

 

Natural gas

 

63

%  

46

%

Manufacturing

 

17

%  

17

%

Food products

 

*

%  

11

%


*Less than 10 %

 

Schedule of Major Customers Credit Risk Concentration

During 2019 and 2018, certain lessees and/or financial borrowers generated significant portions (defined as greater than or equal to 10%) of the Company’s total leasing and lending revenues, excluding gains or losses on disposition of assets, as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Percentage of Total Leasing

 

 

 

 

 

and Lending Revenues

 

Lessee

    

Type of Equipment

    

2019

    

2018

 

Halliburton Overseas Limited

 

Marine vessel

 

37

%  

39

%

The Kansas City Southern Railway Company

 

Transportation, rail

 

20

%  

11

%

GE Aviation

 

Manufacturing

 

*

%  

11

%


*Less than 10 %