XML 44 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating activities:        
Net income $ 597 $ 526 $ 3,264 $ 1,454
Adjustments to reconcile net income to cash provided by operating activities:        
Gain on sales of assets (131) (89) (1,690) (112)
Depreciation of operating lease assets 154 276 530 847
Provision (reversal of provision) for doubtful accounts 3   (7) (22)
Changes in operating assets and liabilities:        
Accounts receivable 70 (46) 173 (17)
Prepaid expenses and other assets (9) (7) (4) (18)
Accounts payable, Managing Member 12 13 (452) (285)
Accounts payable, other 18 60 (68) 60
Unearned operating lease income 24 5 (16) (4)
Net cash provided by operating activities 738 738 1,730 1,903
Investing activities:        
Proceeds from sales of lease assets 384 134 2,144 195
Principal payments received on direct financing leases   37 48 123
Improvements to lease assets   (24)   (24)
Net cash provided by investing activities 384 147 2,192 294
Financing activities:        
Net cash provided by financing activities            
Net increase in cash and cash equivalents 1,122 885 3,922 2,197
Cash and cash equivalents at beginning of period 3,316 2,237 516 925
Cash and cash equivalents at end of period 4,438 3,122 4,438 3,122
Supplemental disclosures of cash flow information:        
Cash paid during the period for taxes   $ 5 $ 17 $ 38