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Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Entity Registrant Name	ATEL CAPITAL EQUIPMENT FUND VIII LLC
Entity Central Index Key	0001069152
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Units Outstanding		13,560,188

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Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 1,830	$ 965
Accounts receivable, net	346	412
Prepaid expenses and other assets	20	32
Investments in equipment and leases, net	3,337	3,466
Total assets	5,533	4,875
Accounts payable and accrued liabilities:
Managing Member	37	200
Other	52	56
Unearned operating lease income	71	69
Total liabilities	160	325
Commitments and contingencies
Members' capital:
Managing Member
Other Members	5,373	4,550
Total Members' capital	5,373	4,550
Total liabilities and Members' capital	$ 5,533	$ 4,875

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Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Leasing activities:
Operating leases	$ 793	$ 828	$ 1,651	$ 1,719
Direct financing leases				3
Gain on sales of lease assets	45	41	79	72
Other revenue	1		1
Total revenues	839	869	1,731	1,794
Expenses:
Depreciation of operating lease assets	14	74	76	151
Amortization of initial direct costs			1
Asset management fees to Managing Member	33	33	68	64
Vessel maintenance		2		21
Railcar maintenance	129	95	217	285
Cost reimbursements to Managing Member and/or affiliates	109	68	233	133
Other management fees	24	14	49	49
Railcar storage fees	8	10	14	19
Professional fees	41	34	86	124
Outside services	34		71
Insurance	10	12	20	21
Provision for (reversal of) credit losses	1		(6)
Taxes on income and franchise fees		3	1	10
Printing and photocopying	9		14	4
Freight and shipping	1	3	5	15
Brokerage fees	2	2	4	4
Bank charges	1		4	2
Dues & subscriptions	1	1	3	3
Property taxes	4	1	6	1
Other	20	16	42	37
Total expenses	441	368	908	943
Net income	398	501	823	851
Net income:
Managing Member
Other Members	398	501	823	851
Net income	$ 398	$ 501	$ 823	$ 851
Net income per Limited Liability Company Unit (Other Members)	$ 0.03	$ 0.04	$ 0.06	$ 0.06
Weighted average number of Units outstanding	13,560,188	13,560,188	13,560,188	13,560,188

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Statements of Changes in Members' Capital - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Beginning Balance (in Units)		13,560,188
Beginning Balance		$ 4,550	$ 4,114	$ 4,114
Distributions to Other Members				(1,356)
Distributions to Managing Member				(110)
Net income	$ 398	$ 823	$ 851	$ 1,902
Ending Balance (in Units)	13,560,188	13,560,188	13,560,188	13,560,188
Ending Balance	$ 5,373	$ 5,373		$ 4,550
Other Members [Member]
Beginning Balance (in Units)		13,560,188	13,560,188	13,560,188
Beginning Balance		$ 4,550	$ 4,114	$ 4,114
Distributions to Other Members				(1,356)
Net income		$ 823		$ 1,792
Ending Balance (in Units)	13,560,188	13,560,188		13,560,188
Ending Balance	$ 5,373	$ 5,373		$ 4,550
Managing Member [Member]
Distributions to Managing Member				(110)
Net income				$ 110

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Statements of Changes in Members' Capital (Parenthetical)	12 Months Ended
	Dec. 31, 2016 $ / shares
Statements of Changes in Members' Capital [Abstract]
Weighted average distributions to Other Members per Unit	$ 0.10

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Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating activities:
Net income	$ 398	$ 501	$ 823	$ 851
Adjustment to reconcile net income to cash provided by operating activities:
Gain on sales of lease assets	(45)	(41)	(79)	(72)
Depreciation of operating lease assets	14	74	76	151
Amortization of initial direct costs			1
Provision for (reversal of) credit losses	1		(6)
Changes in operating assets and liabilities:
Accounts receivable	57	(11)	72	(11)
Prepaid expenses and other assets	4	8	12	14
Accounts payable, Managing Member	(37)	(63)	(163)	(138)
Accounts payable, other	(2)	(26)	(4)	(94)
Unearned operating lease income	(2)	9	2	5
Net cash provided by operating activities	388	451	734	706
Investing activities:
Proceeds from sales of lease assets	75	76	131	146
Principal payments received on direct financing leases		1		3
Net cash provided by investing activities	75	77	131	149
Net increase in cash and cash equivalents	463	528	865	855
Cash and cash equivalents at beginning of period	1,367	338	965	11
Cash and cash equivalents at end of period	$ 1,830	866	1,830	866
Supplemental disclosures of cash flow information:
Cash paid during the period for taxes		$ 11	$ 9	$ 13

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Organization and Limited Liability Company Matters

6 Months Ended

Jun. 30, 2017

Organization and Limited Liability Company Matters [Abstract]

Organization and Limited Liability Company Matters

1. Organization and Limited Liability Company matters:

ATEL Capital Equipment Fund VIII, LLC (the “Company” or the “Fund”) was formed under the laws of the State of California on July 31, 1998. The Company was formed for the purpose of acquiring equipment to engage in equipment leasing and sales activities. The Managing Member or Manager of the Company is ATEL Financial Services, LLC (“AFS”), a California limited liability company. The Company may continue until December 31, 2019. Each Member’s personal liability for obligations of the Company generally will be limited to the amount of their respective contributions and rights to undistributed profits and assets of the Company.

Gross contributions in the amount of $135.7 million (13,570,188 units) were received as of November 30, 2000, inclusive of $500 of initial Member’s capital investment and $100 of AFS’ capital investment. The offering was terminated on November 30, 2000. As of June 30, 2017, 13,560,188 Units remain issued and outstanding.

The Company is governed by its Limited Liability Company Operating Agreement (“Operating Agreement”), as amended. Pursuant to the Operating Agreement, AFS and/or its affiliates receive compensation and reimbursements for services rendered on behalf of the Company (See Note 4). The Company is required to maintain reasonable cash reserves for working capital, for the repurchase of Units and for contingencies. The repurchase of Units is solely at the discretion of AFS. As of June 30, 2017, the Company continues in the liquidation phase of its life cycle as defined in the Operating Agreement.

These unaudited interim financial statements should be read in conjunction with the financial statements and notes thereto contained in the report on Form 10-K for the year ended December 31, 2016, filed with the Securities and Exchange Commission.

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2017

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2. Summary of significant accounting policies:

Basis of presentation:

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2017 are not necessarily indicative of the results to be expected for the full year.

Certain prior period amounts may have been reclassified to conform to the current period presentation. These reclassifications had no significant effect on the reported financial position or results of operations.

Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data.

In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2017 up until the issuance of the financial statements.

No events were noted which would require additional disclosure in the footnotes to the financial statements, or adjustments thereto.

Use of estimates:

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Such estimates relate primarily to the determination of residual values at the end of the lease term and expected future cash flows used for impairment analysis purposes and determination of the allowance for doubtful accounts.

Segment reporting:

The Company is not organized by multiple operating segments for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States.

Certain of the Company’s lessee customers have international operations. In these instances, the Company is aware that certain equipment, primarily rail and transportation, may periodically exit the country. However, these lessee customers are U.S. based, and it is not cost effective for the Company to track, on an asset-by-asset, day-by-day basis, where these assets are deployed.

The primary geographic region in which the Company sought leasing opportunities was North America. For the six months ended June 30, 2017 and 2016, and as of June 30, 2017 and December 31, 2016, 100% of the Company’s operating revenues and long-lived assets relate to customers domiciled in the United States.

Per Unit data:

The Company issues only one class of Units, none of which are considered dilutive. Net income and distributions per Unit are based upon the weighted average number of Other Members’ Units outstanding during the period.

Recent accounting pronouncements:

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-15 — Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this Update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. Management is currently evaluating the standard and its impact on operations and financial reporting. The adoption of ASU 2016-15 by the Company is not expected to have a material effect on its financial statements.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016-13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018. Management is currently evaluating the standard and expects the Update may potentially result in an increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The new standard will require lessees to recognize lease assets and lease liabilities arising from operating leases with lease terms greater than 12 months in the statement of financial position. Lessor accounting per ASU 2016-02 is mostly unchanged from the previous lease accounting GAAP. Certain changes were made to the lessor accounting guidance in order to align the lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. Similar to the previous guidance, lessors will classify leases as operating, direct financing, or sales-type. Lessors in operating leases will continue to recognize the underlying asset and recognize income on a straight-line basis. Lessors determine whether a lease is a sale of the underlying asset based on whether the lessee effectively obtains control of the underlying assets. ASU-2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. While early adoption is permitted, the Company does not expect to elect that option. The Company expects to adopt the guidance in the first quarter 2019 using the modified retrospective method. Management is currently evaluating the impact of this standard on the financial statements and its operational and related disclosure requirements, including the impact on the Company’s current lease portfolio from a lessor perspective. Given the limited changes to lessor accounting, the Company does not expect material changes to recognition or measurement, but the Company is early in the implementation process and will continue to evaluate the impact. This adoption will primarily result in an increase in the assets and liabilities on the Company’s balance sheet.

In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The new standard provides guidance related to accounting for equity investments and financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. ASU 2016-01, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (v) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements.  ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is currently evaluating the standard and its operational and related disclosure requirements. The Company’s implementation efforts include the identification of equity securities within the scope of the guidance, the evaluation of the measurement alternative available for equity securities without a readily determinable fair value, and the related impact to accounting policies, presentation and disclosures. 

In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year and in August 2015, issued Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (“ASU 2015-14”). ASU 2015-14 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company expects to adopt the Standards Update. A preliminary evaluation of the impact of such adoption on the financial statements of the Fund indicates that such impact is virtually non-existent as the new revenue guideline does not affect revenues from leases and loans, which comprise the majority of the Company’s revenues. Management expects that accounting policies will not materially change since the principles of revenue recognition from the standard are largely consistent with existing guidance and current practices applied by the Company.  

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Investment in Equipment and Leases, Net

6 Months Ended

Jun. 30, 2017

Investments in Equipment and Leases, Net [Abstract]

Investment in Equipment and Leases, Net

3. Investment in equipment and leases, net:

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

						Depreciation/
			Reclassifications		Amortization
	Balance		&			Expense or		Balance
	December 31,		Additions /			Amortization		June 30,
	2016		Dispositions			of Leases		2017
Net investment in operating leases	$	2,757	$	(56)		$	(76)	$	2,625
Assets held for sale or lease, net		697		4			-		701
Initial direct costs, net of accumulated   amortization of $2 at June 30,   2017 and $1 at December 31, 2016		12		-			(1)		11
Total	$	3,466	$	(52)		$	(77)	$	3,337

Impairment of investments in leases and assets held for sale or lease:

Recorded values of the Company’s leased asset portfolio are reviewed each quarter to confirm the reasonableness of established residual values and to determine whether there is indication that an asset impairment might have taken place. The Company uses a variety of sources and considers many factors in evaluating whether the respective book values of its assets are appropriate. In addition, the Company may direct a residual value review at any time if it becomes aware of issues regarding the ability of a lessee to continue to make payments on its lease contract. An impairment loss is measured and recognized only if the estimated undiscounted future cash flows of the asset are less than their net book value. The estimated undiscounted future cash flows are the sum of the residual value of the asset at the end of the asset’s lease contract and undiscounted future rents from the existing lease contract, if any. The residual value assumes, among other things, that the asset is utilized normally in an open, unrestricted and stable market. Short-term fluctuations in the marketplace are disregarded and it is assumed that there is no necessity either to dispose of a significant number of the assets, if held in quantity, simultaneously or to dispose of the asset quickly. Impairment is measured as the difference between the fair value (as determined by a valuation method using discounted estimated future cash flows, third party appraisals or comparable sales of similar assets as applicable based on asset type) of the asset and its carrying value on the measurement date. Upward adjustments for impairments recognized in prior periods are not made in any circumstances. As a result of these reviews, management determined that no impairment losses existed during the three and six months ended June 30, 2017 and 2016.  

The Company utilizes a straight line depreciation method over the term of the equipment lease for equipment on operating leases currently in its portfolio. Depreciation expense on the Company’s equipment totaled $14 thousand and $74 thousand for the respective three months ended June 30, 2017 and 2016, and $76 thousand and $151 thousand for the respective six months ended June 30, 2017 and 2016. Initial direct costs amortization expense related to the Company’s operating leases totaled $0 for both of the three months ended June 30, 2017 and 2016, and totaled $1 thousand and $0 for the respective six months ended June 30, 2017 and 2016.

All of the remaining property on lease, including capitalized improvements, were acquired during the years 1999 through 2015.

Operating leases:

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

	Balance				Reclassifications		Balance
	December 31,				or		June 30,
	2016		Additions		Dispositions		2017
Transportation, rail	$	15,111	$	-	$	(99)	$	15,012
Containers		6,970		-		(552)		6,418
Aviation		11		-		(1)		10
		22,092		-		(652)		21,440
Less accumulated depreciation		(19,335)		(76)		596		(18,815)
Total	$	2,757	$	(76)	$	(56)	$	2,625

The average estimated residual value for assets on operating leases was 12% of the assets’ original cost at both June 30, 2017 and December 31, 2016. There were no operating leases in non-accrual status at June 30, 2017 and December 31, 2016.

The Company may earn revenues from its containers, rail transportation, marine vessel and certain other assets based on utilization of such assets or through fixed term leases. Contingent rentals (i.e., short-term, operating charter hire payments) and the associated expenses are recorded when earned and/or incurred. The revenues associated with these rentals are included as a component of operating lease revenues, and totaled $252 thousand and $274 thousand for the respective three months ended June 30, 2017 and 2016, and $512 thousand and $584 thousand for the respective six months end June 30, 2017 and 2016.  

At June 30, 2017, the aggregate amounts of future lease payments receivable are as follows (in thousands):

		Operating Leases
Six months ending December 31, 2017	$	892
Year ending December 31, 2018		1,610
2019		1,168
2020		380
2021		48
	$	4,098

As indicated in Note 1, the Company is scheduled to terminate no later than December 31, 2019. In the event that any assets remain at such date, the Fund will venture to dispose of such assets in an orderly manner within a reasonable timeframe.

The useful lives for each category of leases is reviewed at a minimum of once per quarter. As of June 30, 2017, the respective useful lives of each category of lease assets in the Company’s portfolio are as follows (in years):

Equipment category	Useful Life
Transportation, rail	35 - 40
Aviation equipment	15 - 20
Containers	15 - 20

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Related Party Transactions

6 Months Ended

Jun. 30, 2017

Related Party Transactions [Abstract]

Related Party Transactions

4. Related party transactions:

The terms of the Operating Agreement provide that AFS and/or affiliates are entitled to receive certain fees for equipment management and resale and for management of the Company.

The Operating Agreement allows for the reimbursement of costs incurred by AFS for providing administrative services to the Company. Administrative services provided include Company accounting, finance/treasury, investor relations, legal counsel and lease and equipment documentation. AFS is not reimbursed for services whereby it is entitled to receive a separate fee as compensation for such services, such as management of equipment.

Each of ATEL Leasing Corporation (“ALC”) and AFS is a wholly-owned subsidiary of ATEL Capital Group and performs services for the Company on behalf of the Managing Member. Acquisition services, equipment management, lease administration and asset disposition services are performed by ALC; investor relations, communications services and general administrative services are performed by AFS.

Cost reimbursements to the Managing Member are based on its costs incurred in performing administrative services for the Company. These costs are allocated to each managed entity based on certain criteria such as total assets, number of investors or contributed capital based upon the type of cost incurred. The Managing Member believes that the costs reimbursed are the lower of (i) actual costs incurred on behalf of the Company or (ii) the amount the Company would be required to pay independent parties for comparable administrative services in the same geographic location.

During the three and six months ended June 30, 2017and 2016, AFS and/or affiliates earned fees and billed for reimbursements of costs and expenses pursuant to the Operating Agreement as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Asset management fees to Managing Member	$	33	$	33	$	68	$	64
Cost reimbursements to Managing Member		109		68		233		133
	$	142	$	101	$	301	$	197

The Fund’s Operating Agreement places an annual and cumulative limit for cost reimbursements to AFS and/or its affiliates. Any reimbursable costs incurred by AFS and/or affiliates during the year exceeding the annual and/or cumulative limits cannot be reimbursed in the current year, though such costs may be reimbursable in future years to the extent such amounts may be payable if within the annual and cumulative limits in such future years. The Fund is a finite life and self-liquidating entity, and AFS and its affiliates have no recourse against the Fund for the amount of any unpaid excess reimbursable administrative expenses. The Fund will continue to require administrative services from AFS and its affiliates through the end of its term, and will therefore continue to incur reimbursable administrative expenses in each year. The Fund has determined that payment of any amounts in excess of the annual and cumulative limits is not probable, and the date any portion of such amount may be paid, if ever, is uncertain. When the Fund completes its liquidation stage and terminates, any unpaid amount will expire unpaid, with no claim by AFS or its affiliates against any liquidation proceeds or any party for the unpaid balance. For the year ending December 31, 2017, it is not anticipated that any further billings to the Fund will equal or exceed the annual or cumulative reimbursable expense limitation. Such is reflective of the continued diminishing Fund asset base over which reimbursements are calculated.

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Members' Capital

6 Months Ended

Jun. 30, 2017

Members' Capital [Abstract]

Members' Capital

5. Members’ capital:

As of June 30, 2017 and December 31, 2016, 13,560,188 Units were issued and outstanding. The Company was authorized to issue up to 15,000,000 Units in addition to the Units issued to the initial Members (50 Units).

There were no  distributions declared or paid during the three and six months ended June 30, 2017 and 2016.

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Summary of Significant Accounting Policies (Policy)

6 Months Ended

Jun. 30, 2017

Summary of Significant Accounting Policies [Abstract]

Basis of Presentation

Basis of presentation:

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2017 are not necessarily indicative of the results to be expected for the full year.

Certain prior period amounts may have been reclassified to conform to the current period presentation. These reclassifications had no significant effect on the reported financial position or results of operations.

Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data.

In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2017 up until the issuance of the financial statements.

No events were noted which would require additional disclosure in the footnotes to the financial statements, or adjustments thereto.

Use of Estimates

Use of estimates:

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Such estimates relate primarily to the determination of residual values at the end of the lease term and expected future cash flows used for impairment analysis purposes and determination of the allowance for doubtful accounts.

Segment Reporting

Segment reporting:

The Company is not organized by multiple operating segments for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States.

Certain of the Company’s lessee customers have international operations. In these instances, the Company is aware that certain equipment, primarily rail and transportation, may periodically exit the country. However, these lessee customers are U.S. based, and it is not cost effective for the Company to track, on an asset-by-asset, day-by-day basis, where these assets are deployed.

The primary geographic region in which the Company sought leasing opportunities was North America. For the six months ended June 30, 2017 and 2016, and as of June 30, 2017 and December 31, 2016, 100% of the Company’s operating revenues and long-lived assets relate to customers domiciled in the United States.

Per Unit Data

Per Unit data:

The Company issues only one class of Units, none of which are considered dilutive. Net income and distributions per Unit are based upon the weighted average number of Other Members’ Units outstanding during the period.

Recent Accounting Pronouncements

Recent accounting pronouncements:

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-15 — Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this Update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. Management is currently evaluating the standard and its impact on operations and financial reporting. The adoption of ASU 2016-15 by the Company is not expected to have a material effect on its financial statements.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016-13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018. Management is currently evaluating the standard and expects the Update may potentially result in an increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The new standard will require lessees to recognize lease assets and lease liabilities arising from operating leases with lease terms greater than 12 months in the statement of financial position. Lessor accounting per ASU 2016-02 is mostly unchanged from the previous lease accounting GAAP. Certain changes were made to the lessor accounting guidance in order to align the lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. Similar to the previous guidance, lessors will classify leases as operating, direct financing, or sales-type. Lessors in operating leases will continue to recognize the underlying asset and recognize income on a straight-line basis. Lessors determine whether a lease is a sale of the underlying asset based on whether the lessee effectively obtains control of the underlying assets. ASU-2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. While early adoption is permitted, the Company does not expect to elect that option. The Company expects to adopt the guidance in the first quarter 2019 using the modified retrospective method. Management is currently evaluating the impact of this standard on the financial statements and its operational and related disclosure requirements, including the impact on the Company’s current lease portfolio from a lessor perspective. Given the limited changes to lessor accounting, the Company does not expect material changes to recognition or measurement, but the Company is early in the implementation process and will continue to evaluate the impact. This adoption will primarily result in an increase in the assets and liabilities on the Company’s balance sheet.

In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The new standard provides guidance related to accounting for equity investments and financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. ASU 2016-01, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (v) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements.  ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Management is currently evaluating the standard and its operational and related disclosure requirements. The Company’s implementation efforts include the identification of equity securities within the scope of the guidance, the evaluation of the measurement alternative available for equity securities without a readily determinable fair value, and the related impact to accounting policies, presentation and disclosures. 

In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year and in August 2015, issued Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (“ASU 2015-14”). ASU 2015-14 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company expects to adopt the Standards Update. A preliminary evaluation of the impact of such adoption on the financial statements of the Fund indicates that such impact is virtually non-existent as the new revenue guideline does not affect revenues from leases and loans, which comprise the majority of the Company’s revenues. Management expects that accounting policies will not materially change since the principles of revenue recognition from the standard are largely consistent with existing guidance and current practices applied by the Company.  

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Investments in Equipment and Leases, Net (Tables)

6 Months Ended

Jun. 30, 2017

Investments in Equipment and Leases, Net [Abstract]

Investment in Leases

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

						Depreciation/
			Reclassifications		Amortization
	Balance		&			Expense or		Balance
	December 31,		Additions /			Amortization		June 30,
	2016		Dispositions			of Leases		2017
Net investment in operating leases	$	2,757	$	(56)		$	(76)	$	2,625
Assets held for sale or lease, net		697		4			-		701
Initial direct costs, net of accumulated   amortization of $2 at June 30,   2017 and $1 at December 31, 2016		12		-			(1)		11
Total	$	3,466	$	(52)		$	(77)	$	3,337

Property on Operating Leases

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

	Balance				Reclassifications		Balance
	December 31,				or		June 30,
	2016		Additions		Dispositions		2017
Transportation, rail	$	15,111	$	-	$	(99)	$	15,012
Containers		6,970		-		(552)		6,418
Aviation		11		-		(1)		10
		22,092		-		(652)		21,440
Less accumulated depreciation		(19,335)		(76)		596		(18,815)
Total	$	2,757	$	(76)	$	(56)	$	2,625

Future Minimum Lease Payments Receivable

At June 30, 2017, the aggregate amounts of future lease payments receivable are as follows (in thousands):

		Operating Leases
Six months ending December 31, 2017	$	892
Year ending December 31, 2018		1,610
2019		1,168
2020		380
2021		48
	$	4,098

Schedule of Useful Lives of Assets

The useful lives for each category of leases is reviewed at a minimum of once per quarter. As of June 30, 2017, the respective useful lives of each category of lease assets in the Company’s portfolio are as follows (in years):

Equipment category	Useful Life
Transportation, rail	35 - 40
Aviation equipment	15 - 20
Containers	15 - 20

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Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2017

Related Party Transactions [Abstract]

AFS and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement

During the three and six months ended June 30, 2017and 2016, AFS and/or affiliates earned fees and billed for reimbursements of costs and expenses pursuant to the Operating Agreement as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Asset management fees to Managing Member	$	33	$	33	$	68	$	64
Cost reimbursements to Managing Member		109		68		233		133
	$	142	$	101	$	301	$	197

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Organization and Limited Liability Company Matters (Narrative) (Details) - USD ($)		227 Months Ended
	Nov. 30, 2000	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Organization and Limited Liability Company Matters [Abstract]
Business cessation date		Dec. 31, 2019
Contributions received	$ 135,700,000
Contributions Units received	13,570,188
Contributions of capital, initial member	$ 500
Members capital account, Units issued		13,560,188	13,560,188
Members capital account, Units outstanding		13,560,188	13,560,188	13,560,188
Capital investment, AFS	$ 100

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Summary of Significant Accounting Policies (Narrative) (Details) - segment	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments	1
Number of reportable segments	1
Long-Lived Assets [Member]
Summary Of Significant Accounting Policies [Line Items]
Percentage of concentration risk from customers domiciled in North America	100.00%	100.00%

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Investment in Equipment and Leases, Net (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Leases Disclosure [Line Items]
Impairment losses recorded	$ 0	$ 0	$ 0	$ 0
Depreciation of operating lease assets	$ 14	74	$ 76	151
Average estimated residual value for assets on operating leases	12.00%		12.00%		12.00%
Contingent rental revenue	$ 252	274	$ 512	584
Amortization of initial direct costs			1
Assets Leased to Others [Member]
Leases Disclosure [Line Items]
Amortization of initial direct costs	$ 0	$ 0	$ 1	$ 0

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Investment in Equipment and Leases, Net (Investment in Leases) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Leases Disclosure [Line Items]
Balance December 31, 2016	$ 3,466
Reclassifications & Additions/ Dispositions	(52)
Depreciation/ Amortization Expense or Amortization of Leases	(77)
Balance June 30, 2017	3,337
Initial direct costs, accumulated amortization	2	$ 1
Operating Leases [Member]
Leases Disclosure [Line Items]
Balance December 31, 2016	2,757
Reclassifications & Additions/ Dispositions	(56)
Depreciation/ Amortization Expense or Amortization of Leases	(76)
Balance June 30, 2017	2,625
Assets Held For Sale or Lease [Member]
Leases Disclosure [Line Items]
Balance December 31, 2016	697
Reclassifications & Additions/ Dispositions	4
Balance June 30, 2017	701
Initial Direct Cost [Member]
Leases Disclosure [Line Items]
Balance December 31, 2016	12
Depreciation/ Amortization Expense or Amortization of Leases	(1)
Balance June 30, 2017	$ 11

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Investment in Equipment and Leases, Net (Property on Operating Leases) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	$ 21,440	$ 22,092
Less accumulated depreciation	(18,815)	(19,335)
Property on operating leases, net	2,625	2,757
Additions, less accumulated depreciation	(76)
Additions, net	(76)
Reclassifications or dispositions, gross	(652)
Reclassifications or dispositions, less accumulated depreciation	596
Reclassifications or dispositions, net	(56)
Transportation, Rail [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	15,012	15,111
Reclassifications or dispositions, gross	(99)
Containers [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	6,418	6,970
Reclassifications or dispositions, gross	(552)
Aviation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	10	$ 11
Reclassifications or dispositions, gross	$ (1)

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Investments in Equipment and Leases, Net (Future Minimum Lease Payments Receivable) (Details) - Operating Leases [Member] $ in Thousands	Jun. 30, 2017 USD ($)
Leases Disclosure [Line Items]
Six months ending December 31, 2017	$ 892
Year ending December 31, 2018	1,610
2019	1,168
2020	380
2021	48
Future minimum payments receivable, total	$ 4,098

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Investment in Equipment and Leases, Net (Schedule of Useful Lives of Assets) (Details)	6 Months Ended
	Jun. 30, 2017
Minimum [Member] | Transportation, Rail [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	35 years
Minimum [Member] | Containers [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	15 years
Minimum [Member] | Aviation [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	15 years
Maximum [Member] | Transportation, Rail [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	40 years
Maximum [Member] | Containers [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	20 years
Maximum [Member] | Aviation [Member]
Property Subject To Or Available For Operating Lease [Line Items]
Useful lives of lease assets	20 years

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Related Party Transactions (Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Related Party Transactions [Abstract]
Asset management fees to Managing Member	$ 33	$ 33	$ 68	$ 64
Cost reimbursements to Managing Member	109	68	233	133
Related party transaction, total	$ 142	$ 101	$ 301	$ 197

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Members' Capital (Narrative) (Details) - shares	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Other Members Capital Account [Line Items]
Members capital account, Units issued	13,560,188	13,560,188
Members capital account, Units outstanding	13,560,188	13,560,188	13,560,188
Other Members capital account, Units authorized	15,000,000	15,000,000
Managing Member [Member]
Other Members Capital Account [Line Items]
Members capital account, Units issued	50	50