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Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Leasing and lending activities:        
Operating leases $ 472 $ 424 $ 1,363 $ 1,250
Notes receivable interest income 80 166 292 469
Gain on sales of lease assets and early termination of notes receivable     116  
Unrealized gain (loss) on fair value adjustment for warrants (4)   289 (37)
Other   5 1 12
Total revenues 548 595 2,061 1,694
Expenses:        
Depreciation of operating lease assets 338 304 973 912
Asset management fees to managing Member 68 68 201 200
Acquisition expense 53 13 53 97
Cost reimbursements to Managing Member and/or affiliates 77 98 254 314
Reversal of credit losses       (18)
Amortization of initial direct costs 52 21 53 58
Interest expense 42 6 121 6
Professional fees 55 36 148 91
Outside services 28 23 64 69
Taxes on income and franchise fees 2   7 (9)
Bank charges 4 30 81 88
Other 43 23 66 51
Total expenses 762 622 2,021 1,859
Net (loss) income (214) (27) 40 (165)
Net (loss) income:        
Other Members (214) (27) 40 (165)
Net (loss) income $ (214) $ (27) $ 40 $ (165)
Net Net (loss) income per Limited Liability Company Unit (Other Members) $ (0.08) $ (0.01) $ 0.02 $ (0.06)
Weighted average number of Units outstanding 2,565,749 2,565,749 2,565,749 2,567,477