Investments (Tables)

12 Months Ended

Dec. 31, 2016

Investments

Schedule of investments

Years Ending December 31, 2016 and 2015 (in thousands)	WMES		CASC Willis		Total
Investment in joint ventures as of December 31, 2014	$	26,672	$	14,918	$	41,590
Investment		630		—		630
Earnings (losses) from joint ventures		1,274		(99)		1,175
Distribution		(1,304)		—		(1,304)
Foreign Currency Translation Adjustment		—		(796)		(796)
Investment in joint ventures as of December 31, 2015	$	27,272	$	14,023	$	41,295
Investment		5,545		—		5,545
Earnings (losses) from joint ventures		2,032		(219)		1,813
Deferred gain on engine sale		(1,212)		—		(1,212)
Distribution		(1,167)		—		(1,167)
Foreign Currency Translation Adjustment		—		(868)		(868)
Investment in joint ventures as of December 31, 2016	$	32,470	$	12,936	$	45,406

Summarized financial information

	Years Ended December 31,
	2016		2015		2014
	(in thousands)
Revenue	$	35,463	$	26,909	$	25,757
Expenses		31,669		24,574		23,150
WMES net income	$	3,794	$	2,335	$	2,607
				December 31,		December 31,
				2016		2015
			(in thousands)
Total assets			$	293,299	$	256,126
Total liabilities				219,881		195,258
Total WMES net equity			$	73,418	$	60,868