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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 10,076,000 $ 9,732,000
Restricted cash 22,298,000 33,026,000
Equipment held for operating lease, less accumulated depreciation of $351,553 and $316,366 at December 31, 2016 and 2015, respectively 1,136,603,000 1,109,168,000
Maintenance rights 17,670,000 12,140,000
Equipment held for sale 30,710,000 23,454,000
Operating lease related receivables, net of allowances of $787 and $912 at December 31, 2016 and 2015, respectively 16,484,000 13,626,000
Spare parts inventory 25,443,000 20,826,000
Investments 45,406,000 41,295,000
Property, equipment & furnishings, less accumulated depreciation of $5,858 and $11,102 at December 31, 2016 and 2015, respectively 16,802,000 20,247,000
Intangible assets, net 2,182,000 932,000
Other assets 14,213,000 9,839,000
Total assets 1,337,887,000 1,294,285,000
Liabilities:    
Accounts payable and accrued expenses 17,792,000 21,665,000
Deferred income taxes 104,978,000 96,154,000
Notes payable 900,255,000 866,089,000
Maintenance reserves 71,602,000 71,054,000
Security deposits 21,417,000 25,010,000
Unearned revenue 5,823,000 5,090,000
Total liabilities 1,121,867,000 1,085,062,000
Derivatives   0
Redeemable preferred stock ($0.01 par value, 1,000,000 shares authorized; 1,000,000 and nil shares issued and outstanding at December 31, 2016 and 2015, respectively) 19,760,000  
Shareholders' equity:    
Common stock ($0.01 par value, 20,000,000 shares authorized; 6,401,929 and 7,548,395 shares issued and outstanding at December 31, 2016 and 2015, respectively) 64,000 75,000
Paid-in capital in excess of par 2,512,000 28,720,000
Retained earnings 194,729,000 180,949,000
Accumulated other comprehensive loss, net of income tax benefit of $551 and $275 at December 31, 2016 and December 31, 2015, respectively. (1,045,000) (521,000)
Total shareholders' equity 196,260,000 209,223,000
Total liabilities, redeemable preferred stock and shareholders' equity $ 1,337,887,000 $ 1,294,285,000