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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 5,379 $ 6,440
Restricted cash 24,591 76,252
Equipment held for operating lease, less accumulated depreciation of $242,529 and $228,708 at December 31, 2012 and 2011, respectively 961,459 981,505
Equipment held for sale 23,607 20,648
Operating lease related receivable, net of allowances of $980 and $477 at December 31, 2012 and 2011, respectively 12,916 8,434
Notes receivable, net of allowances of $654 and $840 at December 31, 2012 and 2011, respectively   542
Investments 21,831 15,239
Property, equipment & furnishings, less accumulated depreciation of $7,087 and $4,957 at December 31, 2012 and 2011, respectively 5,989 6,901
Equipment purchase deposits 1,369 1,369
Other assets 21,574 15,875
Total assets 1,078,715 1,133,205
Liabilities:    
Accounts payable and accrued expenses 15,374 16,833
Liabilities under derivative instruments 1,690 12,341
Deferred income taxes 90,248 84,706
Notes payable, net of discount of $0 and $2,085 at December 31, 2012 and 2011, respectively 696,988 718,134
Maintenance reserves 63,313 54,509
Security deposits 6,956 6,278
Unearned lease revenue 4,593 3,743
Total liabilities 879,162 896,544
Shareholders' equity:    
Preferred stock ($0.01 par value, 5,000,000 shares authorized; 0 and 3,475,000 shares issued and outstanding at December 31, 2012 and 2011, respectively)   31,915
Common stock ($0.01 par value, 20,000,000 shares authorized; 8,715,580 and 9,109,663 shares issued and outstanding at December 31, 2012 and 2011, respectively) 87 91
Paid-in capital in excess of par 47,785 56,842
Retained earnings 152,911 156,704
Accumulated other comprehensive loss, net of income tax benefit of $651 and $5,249 at December 31, 2012 and 2011, respectively (1,230) (8,891)
Total shareholders' equity 199,553 236,661
Total liabilities and shareholders' equity $ 1,078,715 $ 1,133,205