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Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Entity Registrant Name	ATEL CAPITAL EQUIPMENT FUND XI, LLC
Entity Central Index Key	0001297667
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Units Outstanding		5,194,307

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Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 1,375	$ 586
Accounts receivable, net	24	66
Due from Managing Member	37
Due from affiliates	6
Investment in securities	11	11
Investments in equipment and leases, net	1,350	1,633
Prepaid expenses and other assets	39	33
Total assets	2,842	2,329
Accounts payable and accrued liabilities:
Managing Member	36	16
Affiliates	5	36
Other	70	82
Unearned operating lease income	28	14
Total liabilities	139	148
Commitments and contingencies
Members' capital:
Managing Member
Other Members	2,703	2,181
Total Members' capital	2,703	2,181
Total liabilities and Members' capital	$ 2,842	$ 2,329

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Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Leasing and lending activities:
Operating leases	$ 239	$ 252	$ 753	$ 751
Gain on sales of lease assets		14	274	52
Other	1	1	10	4
Total revenues	240	267	1,037	807
Expenses:
Depreciation of operating lease assets	45	77	205	230
Asset management fees to Managing Member	8	8	21	33
Cost reimbursements to Managing Member and/or affiliates	12	42	106	141
Provision for (reversal of) credit losses		28	(33)	36
Provision for losses on investment in securities		11		11
Amortization of initial direct costs	1	2	1	6
Professional fees	13	16	91	117
Outside services	21	15	65	63
Taxes on income and franchise fees	7	10	21	23
Insurance	4	2	12	8
Other	9	9	19	27
Total operating expenses	120	220	508	695
Other income, net			1	2
Net income	120	47	530	114
Net income (loss):
Managing Member				148
Other Members	120	47	530	(34)
Net income	$ 120	$ 47	$ 530	$ 114
Net income (loss) per Limited Liability Company Unit (Other Members)	$ 0.02	$ 0.01	$ 0.10	$ (0.01)
Weighted average number of Units outstanding	5,194,307	5,209,307	5,200,571	5,209,307

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Statements of Changes in Members' Capital - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended	160 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Sep. 30, 2018
Beginning Balance		$ 2,181	$ 3,979	$ 3,979
Distributions to Other Members			(1,828)	(1,828)
Distributions to Managing Member				(148)
Repurchase of Units		(8)			$ 651
Net income	$ 120	530	$ 114	178
Ending Balance	$ 2,703	$ 2,703		$ 2,181	$ 2,703
Other Members [Member]
Beginning Balance (in Units)		5,209,307	5,209,307	5,209,307
Beginning Balance		$ 2,181	$ 3,979	$ 3,979
Distributions to Other Members				(1,828)
Repurchase of Units		$ (8)
Repurchase of Units (in Units)		(15,000)
Net income		$ 530		$ 30
Ending Balance (in Units)	5,194,307	5,194,307		5,209,307	5,194,307
Ending Balance	$ 2,703	$ 2,703		$ 2,181	$ 2,703
Managing Member [Member]
Distributions to Managing Member				(148)
Net income				$ 148

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Statements of Changes in Members' Capital (Parenthetical) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2017
Statements of Changes in Members' Capital [Abstract]
Weighted average distributions per Unit	$ 0.35	$ 0.35

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Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Operating activities:
Net income	$ 120	$ 47	$ 530	$ 114	$ 178
Adjustments to reconcile net income to cash provided by operating activities:
Gain on sales of lease assets		(14)	(274)	(52)
Depreciation of operating lease assets	45	77	205	230
Amortization of initial direct costs	1	2	1	6
Provision for (reversal of) credit losses		28	(33)	36
Provision for losses on investment in securities		11		11
Changes in operating assets and liabilities:
Accounts receivable	67	(78)	75	(90)
Due from Managing Member and affiliates	(43)		(43)
Prepaid expenses and other assets	(4)	(9)	(6)	(3)
Accounts payable, Managing Member and affiliates	28	(2)	(11)	(7)
Accounts payable, other	5		(13)	(22)
Unearned operating lease income	(2)	128	14	129
Net cash provided by operating activities	217	190	445	352
Investing activities:
Proceeds from sales of lease assets		24	352	104
Net cash provided by investing activities		24	352	104
Financing activities:
Repurchases of Units			(8)
Net cash used in financing activities		(563)	(8)	(1,976)
Net increase (decrease) in cash and cash equivalents	217	(349)	789	(1,520)
Cash and cash equivalents at beginning of period	1,158	761	586	1,932	1,932
Cash and cash equivalents at end of period	$ 1,375	412	1,375	412	586
Supplemental disclosures of cash flow information:
Cash paid during the period for taxes			19	26
Other Members [Member]
Operating activities:
Net income			$ 530		30
Financing activities:
Distributions to Members		(521)		(1,828)
Managing Member [Member]
Operating activities:
Net income					$ 148
Financing activities:
Distributions to Members		$ (42)		$ (148)

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Organization and Limited Liability Company Matters

9 Months Ended

Sep. 30, 2018

Organization and Limited Liability Company Matters [Abstract]

Organization and Limited Liability Company Matters

1.  Organization and Limited Liability Company matters:

ATEL Capital Equipment Fund XI, LLC (the “Company” or the “Fund”) was formed under the laws of the State of California on June 25, 2004.  The Company was formed for the purpose of acquiring equipment to engage in equipment leasing, lending and sales activities. Also, from time to time, the Company may purchase securities of its borrowers or receive warrants to purchase securities in connection with its lending arrangements. 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, 2025. 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.

As of July 13, 2005, the Company had received subscriptions for 958,274 Units ($9.6 million), thus exceeding the $7.5 million minimum requirement for Pennsylvania, and AFS requested that the remaining funds in escrow (from Pennsylvania investors) be released to the Company. The Company terminated sales of Units effective April 30, 2006. Life-to-date net contributions through September 30, 2018 totaled $52.2 million, consisting of approximately $52.8 million in gross contributions from Other Members purchasing Units under the public offering less rescissions and repurchases (net of distributions paid and allocated syndication costs, as applicable) of $651 thousand. As of September 30, 2018, 5,194,307 Units were issued and outstanding.  

The Company is governed by its Limited Liability Company Operating Agreement (“Operating Agreement”), as amended. On January 1, 2013, the Company commenced liquidation phase activities pursuant to the guidelines of the Operating Agreement. Pursuant to the terms of the Operating Agreement, AFS and its affiliates receives compensation for services rendered and reimbursements for costs incurred on behalf of the Company (See Note 4). The Company is required to maintain reasonable cash reserves for working capital, the repurchase of Units and contingencies. The repurchase of Units is solely at the discretion of AFS.

The Company’s 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, 2017, filed with the Securities and Exchange Commission.

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Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2018

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 nine months ended September 30, 2018 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 unaudited financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after September 30, 2018 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 primarily relate to the determination of residual values at the end of the lease term and expected future cash flows used for impairment analysis purposes, and for 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 onereportable operating segment in the United States.

The primary geographic region in which the Company seeks leasing opportunities is North America.

Investment in securities:

From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements.

Purchased securities

The Company’s investment securities registered for public sale are carried at fair value. The Company’s investment securities with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s investment securities that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital.

Based upon the Company’s review of its portfolio, fair value adjustments of $0 and $11 thousand were recorded during the three months ended September 30, 2018 and 2017, respectively and fair value adjustments of $0 and $11 thousand were recorded during the nine months ended September 30, 2018 and 2017, respectively. There were no sales or dispositions of investments in securities during the three and nine months ended September 30, 2018 and 2017.

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. As of September 30, 2018 and December 31, 2017, the Managing Member estimated the fair value of the warrants to be $0. There were no exercises of warrants, net or otherwise, during the three and nine months ended September 30, 2018 and 2017. 

Foreign currency transactions:

Foreign currency transaction gains and losses are reported in the results of operations as “other income” or “other loss” in the period in which they occur.

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.

Fair Value:

Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three levels of inputs within the fair value hierarchy are defined as follows:

Level 1 – Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis, generally on a national exchange.

Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market.

Level 3 – Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company's own estimates of assumptions that market participants would use in pricing the asset or liability.

The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. The Company elected to record equity investments without readily determinable fair values at cost, less impairment, and adjusted for changes in observable prices.  Any changes in the basis of these equity investments are reported in current earnings.Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes, information from third party remarketing agents, third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in equipment, and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources.

Recent accounting pronouncements:

In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. Early adoption is permitted upon issuance of this Update. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this Update and delay adoption of the additional disclosures until their effective date. Management is currently evaluating the impact of this standard on the financial statements and related disclosure requirements.

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. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-15 did not have a material impact on its financial statements and disclosures.

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 under 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. As part of the adoption of the standard, the Company has selected and is in the process of implementing new lease accounting software. The Company is in the process of identifying and designing appropriate changes to its business processes, systems and controls to support the new standard. Given the limited changes to lessor accounting, management does not expect material changes to recognition or measurement.

In July 2018, the FASB issued Accounting Standards Update 2018-11, Leases (Topic 842) Targeted Improvements (“ASU 2018-11”). The new standard provides a new transition method and practical expedient to simplify the application of the new leasing standard. Under the new transition method, comparative periods presented in the financial statements in the period of adoption will not need to be restated. Instead, a Company would initially apply the new lease requirements at the effective date, and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company would continue to report comparative periods presented in the financial statements in the period of adoption under current GAAP and provide the applicable required disclosures for such periods. The new practical expedient allows lessors to avoid separating lease and associated nonlease components within a contract if certain criteria are met.  If elected, lessors will be able to aggregate nonlease components that otherwise would be accounted for under the new revenue standard with the associated lease component if the following conditions are met (1) the timing and pattern of transfer of the nonlease component and the associated lease component are the same and (2) the stand-alone lease component would be classified as an operating lease if accounted for separately. For entities that have not adopted Topic 842 before the issuance of this Update, the effective date and transition requirements for the amendments in this Update related to separating components of a contract are the same as the effective date and transition requirements in Update 2016-02. The practical expedient may be elected either in the first reporting period following the issuance of this Update or at the original effective date of Topic 842 for that entity. The practical expedient may be applied either retrospectively or prospectively. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. The Company plans to adopt this guidance on January 1, 2019 and will prospectively apply the new lease requirements and recognize a cumulative effect adjustment upon adoption. The Company expects to utilize the package of practical expedients as provided in the standard.

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. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-01 did not have a material impact on its financial statements and disclosures.

The Company elected to record equity investments without readily determinable fair values at cost, less impairment, and adjusted for changes in observable prices. Any changes in the basis of these equity investments are reported in current earnings. The Company’s accounting for equity investments without readily determinable fair values is addressed in Note 7.

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. This guidance was effective for the Company beginning on January 1, 2018. The adoption of ASU 2014-09 did not have a material impact on the Company’s financial statements and disclosures as the new revenue guideline does not affect revenue from leases and loans, which comprise the majority of the Company’s revenues.

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Investment in Equipment and Leases, Net

9 Months Ended

Sep. 30, 2018

Investment 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/
					Amortization
	Balance		Reclassifications,		Expense or		Balance
	December 31,		Additions/		Amortization		September 30,
	2017		Dispositions		of Leases		2018
Net investment in operating leases	$	1,632	$	(77)	$	(205)	$	1,350
Assets held for sale or lease, net		-		1		(1)		-
Initial direct costs, net of accumulated   amortization of $0 at September 30, 2018   and $2 at December 31, 2017		1		-		(1)		-
Total	$	1,633	$	(76)	$	(207)	$	1,350

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 nine months ended September 30, 2018 and 2017.

The Company utilizes a straight line depreciation method for equipment in all of the categories currently in its portfolio of operating lease transactions. Depreciation expense on the Company’s equipment totaled $45 thousand and $77 thousand for the respective three months ended September 30, 2018 and 2017, and totaled $205 thousand and $230 thousand for the respective nine months ended September 30, 2018 and 2017.

Initial direct costs amortization expense related to the Company’s operating leases amounted to $1thousand and $2 thousand for the respective three months ended September 30, 2018 and 2017, and totaled $1thousand and $6 thousand for the respective nine months ended September 30, 2018 and 2017.

All of the leased property was acquired during the years 2005 through 2011.

Operating leases:

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

	Balance						Balance
	December 31,				Reclassifications or		September 30,
	2017		Additions		Dispositions		2018
Transportation, rail	$	8,015	$	-	$	(1,018)	$	6,997
Aviation		1,658		-		-		1,658
Marine vessels		1,415		-		-		1,415
Transportation, other		1,223		-		-		1,223
Materials handling		27		-		-		27
Manufacturing		10		-		(10)		-
		12,348		-		(1,028)		11,320
Less accumulated depreciation		(10,716)		(205)		951		(9,970)
Total	$	1,632	$	(205)	$	(77)	$	1,350

The average estimated residual value for assets on operating leases was 8% of the assets’ original cost at both September 30, 2018 and December 31, 2017. There were no operating lease contracts placed in non-accrual status at September 30, 2018 and December 31, 2017.

At September 30, 2018, the aggregate amounts of future minimum lease payments to be received are as follows (in thousands):

		Operating Leases
Three months ending December 31, 2018	$	74
Year ending December 31, 2019		296
2020		246
2021		73
	$	689

The useful lives for each category of leases is reviewed at a minimum of once per quarter. As of September 30, 2018, 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
Marine vessels	20-30
Aviation	15-20
Materials handling	7-10
Transportation, other	7-10

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Related Party Transactions

9 Months Ended

Sep. 30, 2018

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 in 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. Acquisition services, equipment management, lease administration and asset disposition services are performed by ALC; and 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 managed assets, number of investors or contributed capital based upon the type of cost incurred.

The Operating Agreement places an annual limit and a cumulative limit for cost reimbursements to AFS and/or 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 of the cumulative limit. As of September 30, 2018, the Company has not exceeded the annual and/or cumulative limitations discussed above.

AFS and/or affiliates earned fees and billed for reimbursements of costs and expenses pursuant to the Operating Agreement as follows during the three and nine months ended September 30, 2018 and 2017 (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Costs reimbursed to Managing Member and/or affiliates	$	12	$	42	$	106	$	141
Asset management fees to Managing Member		8		8		21		33
	$	20	$	50	$	127	$	174

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Commitments

9 Months Ended

Sep. 30, 2018

Commitments [Abstract]

Commitments

5. Commitments:

At September 30, 2018, the Company had no commitments to either purchase lease assets or fund loans.

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Members' Capital

9 Months Ended

Sep. 30, 2018

Members' Capital [Abstract]

Members' Capital

6.  Members’ capital:

A total of 5,194,307 and 5,209,307 Units were issued and outstanding as of September 30, 2018 and December 31, 2017, respectively. The Fund was authorized to issue up to 15,000,000 Units in addition to the Units issued to the initial members (50 Units). The Company terminated sales of Units effective April 30, 2006.

Distributions to the Other Members were as follows (in thousands, except as to Units and per Unit data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Distributions	$	-	$	-	$	-	$	1,828
Weighted average number of Units outstanding		5,194,307		5,209,307		5,200,571		5,209,307
Weighted average distributions per Unit	$	-	$	-	$	-	$	0.35

The regular monthly distributions were discontinued in 2013 as the Company entered its liquidation phase. The rates and frequency of periodic distributions paid by the Fund during its liquidation phase are solely at the discretion of the Manager.

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Fair Value Measurements

9 Months Ended

Sep. 30, 2018

Fair Value Measurements [Abstract]

Fair Value Measurements

7. Fair value measurements:

Under applicable accounting standards, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

At September 30, 2018 and December 31, 2017, the Company’s warrants were measured on a recurring basis.

The following disclosure of the estimated fair value of financial instruments is made in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification. Fair value estimates, methods and assumptions, set forth below for the Company’s financial instruments, are made solely to comply with the requirements of the Financial Instruments Topic and should be read in conjunction with the Company’s financial statements and related notes.

The Company has determined the estimated fair value amounts by using market information and valuation methodologies that it considers appropriate and consistent with the fair value accounting guidance. Considerable judgment is required to interpret market data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize or has realized in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.

Warrants (recurring)

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried on the balance sheet at an estimated fair value at the end of the period. The valuation of the warrants was determined using a Black-Scholes formulation of value based upon the stock price(s), the exercise price(s), the volatility of comparable venture companies, time to maturity, and a risk free interest rate for the term(s) of the warrant exercise(s). As of September 30, 2018 and December 31, 2017, the calculated fair values of the Company's warrant portfolio were deemed nominal.

Cash and cash equivalents

The recorded amounts of the Company’s cash and cash equivalents approximate fair value because of the liquidity and short-term maturity of these instruments.

Contingencies

The fair value of contingent liabilities (or guarantees) is not considered material because management believes there has been no event that has occurred wherein a guarantee liability has been incurred or will likely be incurred.

The following tables present estimated fair values of the Company’s financial instruments in accordance with the guidance provided by the Financial Instruments Topic 825 of the FASB Accounting Standards Codification at September 30, 2018 and December 31, 2017 (in thousands):

		Fair Value Measurements at September 30, 2018
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	1,375	$	1,375	$	-	$	-	$	1,375

		Fair Value Measurements at December 31, 2017
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	586	$	586	$	-	$	-	$	586

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Summary of Significant Accounting Policies (Policy)

9 Months Ended

Sep. 30, 2018

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 nine months ended September 30, 2018 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 unaudited financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after September 30, 2018 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 primarily relate to the determination of residual values at the end of the lease term and expected future cash flows used for impairment analysis purposes, and for 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 onereportable operating segment in the United States.

The primary geographic region in which the Company seeks leasing opportunities is North America.

Investment in Securities

Investment in securities:

From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements.

Purchased securities

The Company’s investment securities registered for public sale are carried at fair value. The Company’s investment securities with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s investment securities that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital.

Based upon the Company’s review of its portfolio, fair value adjustments of $0 and $11 thousand were recorded during the three months ended September 30, 2018 and 2017, respectively and fair value adjustments of $0 and $11 thousand were recorded during the nine months ended September 30, 2018 and 2017, respectively. There were no sales or dispositions of investments in securities during the three and nine months ended September 30, 2018 and 2017.

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. As of September 30, 2018 and December 31, 2017, the Managing Member estimated the fair value of the warrants to be $0. There were no exercises of warrants, net or otherwise, during the three and nine months ended September 30, 2018 and 2017. 

Foreign Currency Transactions

Foreign currency transactions:

Foreign currency transaction gains and losses are reported in the results of operations as “other income” or “other loss” in the period in which they occur.

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.

Fair Value

Fair Value:

Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three levels of inputs within the fair value hierarchy are defined as follows:

Level 1 – Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis, generally on a national exchange.

Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market.

Level 3 – Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company's own estimates of assumptions that market participants would use in pricing the asset or liability.

The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. The Company elected to record equity investments without readily determinable fair values at cost, less impairment, and adjusted for changes in observable prices.  Any changes in the basis of these equity investments are reported in current earnings.Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes, information from third party remarketing agents, third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in equipment, and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources.

Recent Accounting Pronouncements

Recent accounting pronouncements:

In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. Early adoption is permitted upon issuance of this Update. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this Update and delay adoption of the additional disclosures until their effective date. Management is currently evaluating the impact of this standard on the financial statements and related disclosure requirements.

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. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-15 did not have a material impact on its financial statements and disclosures.

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 under 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. As part of the adoption of the standard, the Company has selected and is in the process of implementing new lease accounting software. The Company is in the process of identifying and designing appropriate changes to its business processes, systems and controls to support the new standard. Given the limited changes to lessor accounting, management does not expect material changes to recognition or measurement.

In July 2018, the FASB issued Accounting Standards Update 2018-11, Leases (Topic 842) Targeted Improvements (“ASU 2018-11”). The new standard provides a new transition method and practical expedient to simplify the application of the new leasing standard. Under the new transition method, comparative periods presented in the financial statements in the period of adoption will not need to be restated. Instead, a Company would initially apply the new lease requirements at the effective date, and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company would continue to report comparative periods presented in the financial statements in the period of adoption under current GAAP and provide the applicable required disclosures for such periods. The new practical expedient allows lessors to avoid separating lease and associated nonlease components within a contract if certain criteria are met.  If elected, lessors will be able to aggregate nonlease components that otherwise would be accounted for under the new revenue standard with the associated lease component if the following conditions are met (1) the timing and pattern of transfer of the nonlease component and the associated lease component are the same and (2) the stand-alone lease component would be classified as an operating lease if accounted for separately. For entities that have not adopted Topic 842 before the issuance of this Update, the effective date and transition requirements for the amendments in this Update related to separating components of a contract are the same as the effective date and transition requirements in Update 2016-02. The practical expedient may be elected either in the first reporting period following the issuance of this Update or at the original effective date of Topic 842 for that entity. The practical expedient may be applied either retrospectively or prospectively. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. The Company plans to adopt this guidance on January 1, 2019 and will prospectively apply the new lease requirements and recognize a cumulative effect adjustment upon adoption. The Company expects to utilize the package of practical expedients as provided in the standard.

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. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-01 did not have a material impact on its financial statements and disclosures.

The Company elected to record equity investments without readily determinable fair values at cost, less impairment, and adjusted for changes in observable prices. Any changes in the basis of these equity investments are reported in current earnings. The Company’s accounting for equity investments without readily determinable fair values is addressed in Note 7.

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. This guidance was effective for the Company beginning on January 1, 2018. The adoption of ASU 2014-09 did not have a material impact on the Company’s financial statements and disclosures as the new revenue guideline does not affect revenue from leases and loans, which comprise the majority of the Company’s revenues.

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Investment in Equipment and Leases, Net (Tables)

9 Months Ended

Sep. 30, 2018

Investment in Equipment and Leases, Net [Abstract]

Investment in Leases

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

					Depreciation/
					Amortization
	Balance		Reclassifications,		Expense or		Balance
	December 31,		Additions/		Amortization		September 30,
	2017		Dispositions		of Leases		2018
Net investment in operating leases	$	1,632	$	(77)	$	(205)	$	1,350
Assets held for sale or lease, net		-		1		(1)		-
Initial direct costs, net of accumulated   amortization of $0 at September 30, 2018   and $2 at December 31, 2017		1		-		(1)		-
Total	$	1,633	$	(76)	$	(207)	$	1,350

Property on Operating Leases

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

	Balance						Balance
	December 31,				Reclassifications or		September 30,
	2017		Additions		Dispositions		2018
Transportation, rail	$	8,015	$	-	$	(1,018)	$	6,997
Aviation		1,658		-		-		1,658
Marine vessels		1,415		-		-		1,415
Transportation, other		1,223		-		-		1,223
Materials handling		27		-		-		27
Manufacturing		10		-		(10)		-
		12,348		-		(1,028)		11,320
Less accumulated depreciation		(10,716)		(205)		951		(9,970)
Total	$	1,632	$	(205)	$	(77)	$	1,350

Future Minimum Lease Payments Receivable

At September 30, 2018, the aggregate amounts of future minimum lease payments to be received are as follows (in thousands):

		Operating Leases
Three months ending December 31, 2018	$	74
Year ending December 31, 2019		296
2020		246
2021		73
	$	689

Schedule of Useful Lives of Assets

As of September 30, 2018, 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
Marine vessels	20-30
Aviation	15-20
Materials handling	7-10
Transportation, other	7-10

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Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2018

Related Party Transactions [Abstract]

Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement

AFS and/or affiliates earned fees and billed for reimbursements of costs and expenses pursuant to the Operating Agreement as follows during the three and nine months ended September 30, 2018 and 2017 (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Costs reimbursed to Managing Member and/or affiliates	$	12	$	42	$	106	$	141
Asset management fees to Managing Member		8		8		21		33
	$	20	$	50	$	127	$	174

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Members' Capital (Tables)

9 Months Ended

Sep. 30, 2018

Members' Capital [Abstract]

Distributions to Other Members

Distributions to the Other Members were as follows (in thousands, except as to Units and per Unit data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Distributions	$	-	$	-	$	-	$	1,828
Weighted average number of Units outstanding		5,194,307		5,209,307		5,200,571		5,209,307
Weighted average distributions per Unit	$	-	$	-	$	-	$	0.35

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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Measurements [Abstract]

Estimated Fair Values of Financial Instruments

The following tables present estimated fair values of the Company’s financial instruments in accordance with the guidance provided by the Financial Instruments Topic 825 of the FASB Accounting Standards Codification at September 30, 2018 and December 31, 2017 (in thousands):

		Fair Value Measurements at September 30, 2018
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	1,375	$	1,375	$	-	$	-	$	1,375

		Fair Value Measurements at December 31, 2017
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	586	$	586	$	-	$	-	$	586

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Organization and Limited Liability Company Matters (Narrative) (Details) - USD ($) $ in Thousands		9 Months Ended	160 Months Ended	171 Months Ended
	Jul. 13, 2005	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Business formation State		California
Business formation date		Jun. 25, 2004
Business activities, description		The Company was formed for the purpose of acquiring equipment to engage in equipment leasing, lending and sales activities
Business cessation date				Dec. 31, 2025
Sale of Limited Liability Company Units, number of Units	958,274
Proceeds from sale of Limited Liability Company Units	$ 9,600
Net Contributions			$ 52,200
Gross contributions from Other Members			52,800
Repurchase of Units		$ (8)	$ 651
Minimum [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Amount of aggregate subscriptions for Pennsylvania subscriptions to be released to the Fund	$ 7,500
Other Members [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Repurchase of Units		$ (8)
Units issued		5,194,307	5,194,307	5,194,307	5,209,307
Units outstanding		5,194,307	5,194,307	5,194,307	5,209,307	5,209,307

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Summary of Significant Accounting Policies (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) segment	Sep. 30, 2017 USD ($)	Dec. 31, 2017 USD ($)
Summary of Significant Accounting Policies [Abstract]
Number of operating segments | segment			1
Number of reportable segments | segment			1
Provision for losses on investment in securities		$ 11		$ 11
Gain (loss) on exercise of warrants			$ 0	0
Securities sold or disposed of	$ 0	$ 0	0	$ 0
Warrants, fair value	$ 0		$ 0		$ 0

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Investment in Equipment and Leases, Net (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Investment in Equipment and Leases, Net [Abstract]
Impairment losses on equipment	$ 0	$ 0	$ 0	$ 0
Lease equipment, depreciation method			straight line
Depreciation of operating lease assets	$ 45	77	$ 205	230
Average estimated residual value of assets on operating leases	8.00%		8.00%		8.00%
Amortization of initial direct costs	$ 1	$ 2	$ 1	$ 6
Initial direct costs, accumulated amortization	$ 0		$ 0		$ 2

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Investment in Equipment and Leases, Net (Investment in Leases) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Leases Disclosure [Line Items]
Balance December 31, 2017	$ 1,633
Reclassifications, Additions/Dispositions	(76)
Depreciation/Amortization Expense or Amortization of Leases	(207)
Balance September 30, 2018	1,350
Initial direct costs, accumulated amortization	0	$ 2
Operating Leases [Member]
Leases Disclosure [Line Items]
Balance December 31, 2017	1,632
Reclassifications, Additions/Dispositions	(77)
Depreciation/Amortization Expense or Amortization of Leases	(205)
Balance September 30, 2018	1,350
Assets Held-for-sale or Lease[Member]
Leases Disclosure [Line Items]
Reclassifications, Additions/Dispositions	1
Depreciation/Amortization Expense or Amortization of Leases	(1)
Initial Direct Cost [Member]
Leases Disclosure [Line Items]
Balance December 31, 2017	1
Depreciation/Amortization Expense or Amortization of Leases	$ (1)

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Investment in Equipment and Leases, Net (Property on Operating Leases) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	$ 11,320	$ 12,348
Less accumulated depreciation	(9,970)	(10,716)
Property on operating leases, net	1,350	1,632
Additions, gross
Additions, less accumulated depreciation	(205)
Additions, net	(205)
Reclassifications or dispositions, gross	(1,028)
Reclassifications or dispositions, less accumulated depreciation	951
Reclassifications or dispositions, net	(77)
Transportation, Rail [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	6,997	8,015
Additions, gross
Reclassifications or dispositions, gross	(1,018)
Aviation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,658	1,658
Additions, gross
Reclassifications or dispositions, gross
Marine Vessels [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,415	1,415
Additions, gross
Reclassifications or dispositions, gross
Transportation, Other [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,223	1,223
Additions, gross
Reclassifications or dispositions, gross
Materials Handling [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	27	27
Additions, gross
Reclassifications or dispositions, gross
Manufacturing [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross		$ 10
Additions, gross
Reclassifications or dispositions, gross	$ (10)

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Investment in Equipment and Leases, Net (Future Minimum Lease Payments Receivable) (Details) $ in Thousands	Sep. 30, 2018 USD ($)
Operating Leases
Three months ending December 31, 2018	$ 74
Year ending December 31, 2019	296
2020	246
2021	73
Operating leases, future minimum payments receivable, total	$ 689

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Investment in Equipment and Leases, Net (Schedule of Useful Lives of Lease Assets) (Details)	9 Months Ended
	Sep. 30, 2018
Minimum [Member] | Transportation, Rail [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	35 years
Minimum [Member] | Marine Vessels [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	20 years
Minimum [Member] | Aviation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	15 years
Minimum [Member] | Materials Handling [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 years
Minimum [Member] | Transportation, Other [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 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] | Marine Vessels [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	30 years
Maximum [Member] | Aviation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	20 years
Maximum [Member] | Materials Handling [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Maximum [Member] | Transportation, Other [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Related Party Transactions [Abstract]
Cost reimbursements to Managing Member and/or affiliates	$ 12	$ 42	$ 106	$ 141
Asset management fees to Managing Member	8	8	21	33
Related party transaction, total	$ 20	$ 50	$ 127	$ 174

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Commitments (Narrative) (Details) $ in Thousands	Sep. 30, 2018 USD ($)
Commitments [Abstract]
Commitments to purchase lease assets or fund loans	$ 0

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Members' Capital (Narrative) (Details) - shares	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Members [Member]
Other Members Capital Account [Line Items]
Units issued	5,194,307	5,209,307
Units outstanding	5,194,307	5,209,307	5,209,307
Other Members capital account, Units authorized	15,000,000	15,000,000
Initial Member [Member]
Other Members Capital Account [Line Items]
Units issued	50	50

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Members' Capital (Distributions to Other Members) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Members' Capital [Abstract]
Distributions				$ 1,828	$ 1,828
Weighted average number of Units outstanding	5,194,307	5,209,307	5,200,571	5,209,307
Weighted average distributions per Unit				$ 0.35	$ 0.35

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Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	$ 1,375	$ 586
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	1,375	586
Estimated Fair Value [Member] | Level 1 Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	1,375	$ 586
Estimated Fair Value [Member] | Level 2 Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents