Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 11,890	$ 10,076
Restricted cash	29,306	22,298
Equipment held for operating lease, less accumulated depreciation of $349,273 and $351,553 at March 31, 2017 and December 31, 2016, respectively	1,094,673	1,136,603
Maintenance rights	17,160	17,670
Equipment held for sale	58,083	30,710
Operating lease related receivables, net of allowances of $1,350 and $787 at March 31, 2017 and December 31, 2016, respectively	11,771	16,484
Spare parts inventory	24,475	25,443
Investments	44,540	45,406
Property, equipment & furnishings, less accumulated depreciation of $6,222 and $5,858 at March 31, 2017 and December 31, 2016, respectively	16,638	16,802
Intangible assets, net	2,081	2,182
Other assets	12,372	14,213
Total assets	1,322,989	1,337,887
Liabilities:
Accounts payable and accrued expenses	22,239	17,792
Deferred income taxes	110,063	104,978
Notes payable	872,201	900,255
Maintenance reserves	66,751	71,602
Security deposits	21,256	21,417
Unearned revenue	5,243	5,823
Total liabilities	1,097,753	1,121,867
Redeemable preferred stock ($0.01 par value, 1,000,000 shares authorized; 1,000,000 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively)	19,767	19,760
Shareholders' equity:
Common stock ($0.01 par value, 20,000,000 shares authorized; 6,525,373 and 6,401,929 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively)	65	64
Paid-in capital in excess of par	2,324	2,512
Retained earnings	203,841	194,729
Accumulated other comprehensive loss, net of income tax benefit of $401 and $275 at March 31, 2017 and December 31, 2016, respectively.	(761)	(1,045)
Total shareholders' equity	205,469	196,260
Total liabilities, redeemable preferred stock and shareholders' equity	$ 1,322,989	$ 1,337,887