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Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Leasing activities:        
Operating leases $ 900 $ 976 $ 2,619 $ 2,681
Direct financing leases   4 3 13
Gain on sales of lease assets 112 399 184 872
Other revenue   1   1
Total revenues 1,012 1,380 2,806 3,567
Expenses:        
Depreciation of operating lease assets 71 76 222 244
Amortization of initial direct costs 1   1  
Asset management fees to Managing Member 36 29 100 100
Vessel maintenance     21  
Railcar maintenance 118 77 403 209
Cost reimbursements to Managing Member 65 75 198 247
Other management fees 34 16 83 69
Railcar storage fees 6 15 25 48
Professional fees 36 34 160 151
Insurance 10 12 31 31
Provision for credit losses 7   7  
Taxes on income and franchise fees 5   15  
Postage   3 3 8
Printing and photocopying 4 6 8 14
Freight and shipping 3 12 18 25
Other 24 25 68 80
Total expenses 420 380 1,363 1,226
Net income 592 1,000 1,443 2,341
Net income:        
Managing Member
Other Members 592 1,000 1,443 2,341
Net income $ 592 $ 1,000 $ 1,443 $ 2,341
Net income per Limited Liability Company Unit (Other Members) $ 0.04 $ 0.07 $ 0.11 $ 0.17
Weighted average number of Units outstanding 13,560,188 13,560,188 13,560,188 13,560,188