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Investments (Tables)
3 Months Ended
Mar. 31, 2017
Investments  
Schedule of investments

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2017

    

WMES

 

CASC

 

Total

 

 

(in thousands)

Investment in joint ventures as of December 31, 2016

 

$

32,470

 

$

12,936

 

$

45,406

Earnings from joint venture

 

 

1,635

 

 

219

 

 

1,854

Deferred gain on engine sale

 

 

(443)

 

 

(496)

 

 

(939)

Distribution

 

 

(1,880)

 

 

 —

 

 

(1,880)

Foreign Currency Translation Adjustment

 

 

 —

 

 

99

 

 

99

Investment in joint ventures as of March 31, 2017

 

$

31,782

 

$

12,758

 

$

44,540

 

Summarized financial information

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

    

2017

    

2016

 

 

(in thousands)

Revenue

 

$

11,661

 

$

9,246

Expenses

 

 

8,430

 

 

9,180

WMES net income

 

$

3,231

 

$

66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

    

December 31,

 

 

 

2017

 

 

2016

 

 

(in thousands)

Total assets

 

$

273,121

 

$

293,299

Total liabilities

 

 

200,265

 

 

219,881

Total WMES net equity

 

$

72,856

 

$

73,418