Investment in Equipment and Leases, Net (Tables)

3 Months Ended

Mar. 31, 2014

Investments in Equipment and Leases, Net [Abstract]

Investment in Leases

The Company’s investment in leases consists of the following (in thousands):

		Balance December 31, 2013		Reclassifications & Additions / Dispositions		Depreciation/ Amortization Expense or Amortization of Leases		Balance March 31, 2014
Net investment in operating leases	$	4,231	$	(342)	$	(134)	$	3,755
Assets held for sale or lease, net		1,290		17		-		1,307
Total	$	5,521	$	(325)	$	(134)	$	5,062

Property on Operating Leases

Property on operating leases consists of the following (in thousands):

		Balance December 31, 2013		Additions		Reclassifications or Dispositions		Balance March 31, 2014
Containers	$	15,874	$	-	$	(1,934)	$	13,940
Transportation, rail		11,353		-		(533)		10,820
Other		640		-		-		640
		27,867		-		(2,467)		25,400
Less accumulated depreciation		(23,636)		(134)		2,125		(21,645)
Total	$	4,231	$	(134)	$	(342)	$	3,755

Future Minimum Lease Payments Receivable

At March 31, 2014, the aggregate amount of future lease payments associated with operating leases is as follows  (in thousands):

		Operating Leases
Nine months ending December 31, 2014	$	823
Year ending December 31, 2015		572
2016		284
2017		267
2018		78
2019		4
Thereafter		2
	$	2,030