XML 28 R16.htm IDEA: XBRL DOCUMENT v3.19.1
RENTAL EQUIPMENT, NET
6 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
RENTAL EQUIPMENT, NET
RENTAL EQUIPMENT, NET
Rental equipment was as follows as of March 31, 2019 and September 30, 2018.
 
March 31, 2019
 
September 30, 2018
 
(Dollars in thousands)
Computers and IT networking equipment
$
43,896

 
$
53,035

Motor vehicles and other
59,589

 
43,505

Office furniture and equipment
3,409

 
3,590

Solar panels and equipment
81,498

 
57,242

Total
188,392

 
157,372

 
 
 
 
Accumulated depreciation
(48,305
)
 
(50,082
)
Net book value
$
140,087

 
$
107,290


During the second quarter of fiscal year 2019, an impairment was recorded related to solar panels and equipment. Please refer to Note 3 for further discussion.
Future minimum lease payments receivable on equipment under operating leases was as follows as of March 31, 2019.
 
March 31, 2019
 
(Dollars in thousands)
2019
$
12,849

2020
20,737

2021
16,290

2022
10,135

2023
8,220

2024 and thereafter
10,164

Total
$
78,395