XML 16 R24.htm IDEA: XBRL DOCUMENT v3.20.1
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

 

Transportation, rail

 

26

%  

30

%

Construction

 

21

%  

14

%

Agriculture

 

*

 

11

%

Transportation, air

 

*

 

10

%


*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

 

Union Pacific Railroad Company

 

Railroad

 

22

%  

22

%

Aggregate Industries Management, Inc.

 

Mining

 

15

%  

11

%

Cargill, Inc.

 

Agriculture/Construction

 

11

%  

11

%