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STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Leasing activities:        
Operating leases $ 1,511 $ 1,563 $ 2,877 $ 3,105
Direct financing leases 30 32 62 65
Gain on sales of assets 21 5 211 5
Other revenue 1 4 1 6
Total revenues 1,563 1,604 3,151 3,181
Expenses:        
Depreciation of operating lease assets 361 342 692 685
Interest expense   2   7
Asset management fees to Managing Member 48 64 92 117
Vessel maintenance 178 177 343 362
Railcar maintenance 160 123 298 206
Cost reimbursements to Managing Member     679 679
Professional fees 17 45 65 114
Insurance 18 19 20 39
Provision for doubtful accounts   4   3
Taxes on income and franchise fees 3 16 3 (9)
Other 83 111 160 222
Total operating expenses 868 903 2,352 2,425
Net income 695 701 799 756
Net income:        
Managing Member       44
Other Members 695 701 799 712
Net income $ 695 $ 701 $ 799 $ 756
Net income per Limited Liability Company Unit (Other Members) 0.05 0.05 0.06 0.05
Weighted average number of Units outstanding 13,560,188 13,560,188 13,560,188 13,560,188