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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contracts with Customers  
Schedule of disaggregation of revenue by major source

The following table disaggregates revenue by major source for the three and nine months ended September 30, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Leasing and 

    

 

 

    

 

 

 

 

Three months ended  September 30, 2018

 

Related Operations

 

Spare Parts Sales

 

Eliminations (1)

 

Total

Leasing revenue (2)

 

$

67,240

 

$

 —

 

$

 —

 

$

67,240

Gain on sale of leased equipment (3)

 

 

1,150

 

 

106

 

 

 —

 

 

1,256

Spare parts and equipment sales

 

 

 —

 

 

8,354

 

 

 —

 

 

8,354

Managed services

 

 

1,124

 

 

 —

 

 

 —

 

 

1,124

Other revenue

 

 

 —

 

 

274

 

 

(274)

 

 

 —

Total revenue

 

$

69,514

 

$

8,734

 

$

(274)

 

$

77,974

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Leasing and 

    

 

 

    

 

 

 

 

Nine months ended September 30, 2018

 

Related Operations

 

Spare Parts Sales

 

Eliminations (1)

 

Total

Leasing revenue (2)

 

$

188,984

 

$

 —

 

$

 —

 

$

188,984

Gain on sale of leased equipment (3)

 

 

1,917

 

 

225

 

 

 —

 

 

2,142

Spare parts and equipment sales

 

 

 —

 

 

21,701

 

 

 —

 

 

21,701

Managed services

 

 

3,297

 

 

 —

 

 

 —

 

 

3,297

Other revenue

 

 

 —

 

 

1,596

 

 

(1,550)

 

 

46

Total revenue

 

$

194,198

 

$

23,522

 

$

(1,550)

 

$

216,170

 

 

 

 

 

 

 

 

 

 

 

 

 


(1)

Represents revenue generated between our reportable segments.

(2)

Leasing revenue is recognized under the lease accounting guidance in ASC 840 Leases, and therefore qualifies for the scope exception under ASC 606.

(3)

Gain on sale of leased equipment is accounted for under ASC 610-20, Gains and losses from the derecognition of nonfinancial assets.