EX-14.1

Exhibit 14.1

ATEL 14, LLC
  
CODE OF ETHICS FOR CHIEF EXECUTIVE OFFICER AND
CHIEF FINANCIAL AND OPERATING OFFICER

A. SCOPE

This Code of Ethics is applicable to ATEL 14, LLC (“Fund 14”), including the Chief Executive Officer and Chief Financial Officer and Chief Operating Officer of its Manager, ATEL Managing Member, LLC (“AMM”), or persons acting in such capacity (collectively the “Covered Officers”) on behalf of Fund 14, referred to herein as the “Company.”

Accordingly, under the Securities and Exchange Commission’s interpretation of its disclosure rules, the Board of Directors of the Manager of AMM, ATEL Financial Services, LLC (“AFS”), functions as the de facto audit committee for the Company with respect to all procedural and disclosure requirements applicable to audit committees under Securities and Exchange Commission rules. The Board of Directors shall have oversight responsibility over the activities of the Company for purposes of this Code of Ethics.

B. PURPOSE

The Company is proud of the values with which it conducts business. It has and will continue to uphold the highest levels of business ethics and personal integrity in all types of transactions and interactions. To this end, this Code of Ethics serves to (1) emphasize the Company’s commitment to ethics and compliance with the law; (2) set forth basic standards of ethical and legal behavior; (3) provide reporting mechanisms for known or suspected ethical or legal violations; and (4) help prevent and detect wrongdoing. This Code of Ethics is intended to augment and supplement the standard of ethics and business conduct expected of all Company employees, and its limitation to Covered Officers is not intended to limit the obligation of all Company employees to adhere to the highest standards of business ethics and integrity in all transactions and interactions conducted while in the Company’s employ.

Given the variety and complexity of ethical questions that may arise in the course of business of the Company, this Code of Ethics serves only as a rough guide. Confronted with ethically ambiguous situations, the Covered Officers should remember the Company’s commitment to the highest ethical standards and seek independent advice, where necessary, to ensure that all actions they take on behalf of the Company honor this commitment.

C. ETHICS STANDARDS

1. Honest and Ethical Conduct

The Covered Officers shall behave honestly and ethically at all times and with all people. They shall act in good faith, with due care, and shall engage only in fair and open competition, by treating ethically competitors, suppliers, customers, and colleagues. They shall not misrepresent facts or engage in illegal, unethical, or anti-competitive practices for personal or professional gain.

2. Conflicts of Interest

This fundamental standard of honest and ethical conduct extends to the handling of conflicts of interest. The Covered Officers shall avoid any actual, potential, or apparent conflicts of interest with the Company, and any personal activities, investments, or associations that might give rise to such conflicts. They shall not compete with or use the Company, for personal gain, self-deal, or take advantage of any corporate opportunities. They shall act on behalf of the Company free from improper influence or the appearance of improper influence on their judgment or performance of duties. A Covered Officer shall disclose any material transaction or relationship that reasonably could be expected to give rise to such a conflict to the Company’s General Counsel or a member of the Company’s Board of Directors. No action may be taken with respect to such transaction or party unless and until the Company’s Board of Directors has approved such action.

Notwithstanding the foregoing, it is understood, as fully disclosed in the offering documents for the Company, that AMM as managing member of the Company has certain inherent conflicts of interest. The provisions of the Company’s Operating Agreement have been drafted to address the obligations, restrictions and limitations on the power and authority of AMM to manage the Company’s affairs, including restrictions prohibiting or limiting the terms of any transactions in which conflicts of interest may arise. Furthermore, AMS has a fiduciary duty to the Company as its

manager. It is therefore expressly understood by the Company and the Covered Officers that any and all actions by AMM and its personnel that comply with the provisions of the Company’s Operating Agreement, and which are consistent with AMM’s fiduciary duty to the Company, will not be considered material transactions or relationships which require disclosure or reporting under this Code of Ethics.

3. Timely and Truthful Disclosure

In reports and documents filed with or submitted to the Securities and Exchange Commission and other regulators by the Company and in other public communications made by the Company, the Covered Officers shall make disclosures that are full, fair, accurate, timely, and understandable. The Covered Officers shall provide thorough and accurate financial and accounting data for inclusion in such disclosures. The Covered Officers shall not knowingly conceal or falsify information, misrepresent material facts, or omit material facts necessary to avoid misleading the Company’s independent public auditors or investors.

4. Legal Compliance

In conducting the business of the Company, the Covered Officers shall comply with applicable governmental laws, rules, and regulations at all levels of government in the United States and in any non-U.S. jurisdiction in which the Company does business, as well as applicable rules and regulations of self-regulatory organizations of which the Company is a member. If the Covered Officer is unsure whether a particular action would violate an applicable law, rule, or regulation, he or she should seek the advice of inside counsel (if available), and, where necessary, outside counsel before undertaking it.

D. VIOLATIONS OF ETHICAL STANDARDS

1. Reporting Known or Suspected Violations

The Covered Officers will promptly bring to the attention of the Company’s General Counsel or the Board of Directors any information concerning a material violation of any of the laws, rules or regulations applicable to the Company and the operation of its businesses, by the Company or any agent thereof, or of violation of this Code of Ethics. The Company’s General Counsel will investigate reports of violations and the findings communicated to the Company’s Board of Directors.

2. Accountability for Violations

If the Company’s Board of Directors determines that this Code of Ethics has been violated, either directly, by failure to report a violation, or by withholding information related to a violation, it may discipline the offending Covered Officer for non-compliance with penalties up to and including termination of employment. Violations of this Code of Ethics may also constitute violations of law and may result in criminal penalties and civil liabilities for the offending Covered Officer and the Company.

EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Dean L. Cash, certify that:

1. I have reviewed this annual report on Form 10-K of ATEL 14, LLC;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: March 17, 2014

/s/ Dean L. Cash Dean L. Cash Chairman of the Board, President and Chief Executive Officer of ATEL Managing Member, LLC (Managing Member)

EX-31.2

Exhibit 31.2

CERTIFICATION PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Paritosh K. Choksi, certify that:

1. I have reviewed this annual report on Form 10-K of ATEL 14, LLC;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: March 17, 2014

/s/ Paritosh K. Choksi Paritosh K. Choksi Director, Executive Vice President and Chief Financial Officer and Chief Operating Officer of ATEL Managing Member, LLC (Managing Member)

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. §1350,
AS ADOPTED PURSUANT TO
§906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of ATEL 14, LLC (the “Company”) on Form 10-K for the period ended December 31, 2013 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Dean L. Cash, Chairman of the Board, President and Chief Executive Officer of ATEL Managing Member, LLC, Managing Member of the Company, hereby certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: March 17, 2014

/s/ Dean L. Cash Dean L. Cash Chairman of the Board, President and Chief Executive Officer of ATEL Managing Member, LLC, (Managing Member)

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. §1350,
AS ADOPTED PURSUANT TO
§906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of ATEL 14, LLC (the “Company”) on Form 10-K for the period ended December 31, 2013 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Paritosh K. Choksi, Director, Executive Vice President and Chief Financial Officer and Chief Operating Officer of ATEL Managing Member, LLC, Managing Member of the Company, hereby certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: March 17, 2014

/s/ Paritosh K. Choksi Paritosh K. Choksi Director, Executive Vice President and Chief Financial Officer and Chief Operating Officer of ATEL Managing Member, LLC (Managing Member)

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

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Notes Receivable, Net (Minimum Future Payments Receivable) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Notes Receivable, Net [Abstract]
Year ending December 31, 2014	$ 2,803
2015	1,473
2016	487
Financing receivable, gross	4,763
Less: portion representing unearned interest income	(479)	(1,307)
Notes receivable	4,284	8,083
Unamortized initial direct costs	15
Notes receivable, net	$ 4,299	$ 8,060

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Long-Term Debt (Narrative) (Details) (USD $)					3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013 Atel 14, LLC [Member] Maximum [Member]	Dec. 31, 2013 Marine Vessel [Member]	Dec. 31, 2013 Marine Vessel [Member] Atel 14, LLC [Member]
Debt Instrument [Line Items]
Long-term debt	$ 25,543,000			$ 4,100,000	$ 2,100,000
Long term debt, description					The note bears interest at a fixed-rate of 3.5% per annum, to accrue in arrears on a monthly basis
Debt maturity date					May 25, 2019
Interest rates on borrowings	3.30%	3.43%			3.50%
General assets recourse amount			2,500,000
Long-term debt interest	1,421,000				400,000
Principal and interest, total	$ 26,964,000				$ 2,500,000

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Investments in Equipment and Leases, Net (Property on Operating Leases) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	$ 52,257
Additions	14,889
Reclassifications or Dispositions	(4,382)
Balance December 31, 2013	62,764
Transportation, Rail [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	21,322
Additions	720
Reclassifications or Dispositions	(109)
Balance December 31, 2013	21,933
Marine Vessel [Member]
Property Subject to or Available for Operating Lease [Line Items]
Additions	19,410
Reclassifications or Dispositions
Balance December 31, 2013	19,410
Materials Handling [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	11,602
Additions	690
Reclassifications or Dispositions	(361)
Balance December 31, 2013	11,931
Transportation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	7,820
Additions	208
Reclassifications or Dispositions
Balance December 31, 2013	8,028
Manufacturing [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	12,283
Additions	1,462
Reclassifications or Dispositions	(7,084)
Balance December 31, 2013	6,661
Construction [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	5,558
Reclassifications or Dispositions
Balance December 31, 2013	5,558
Mining [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	4,830
Reclassifications or Dispositions	(26)
Balance December 31, 2013	4,804
Research [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	2,391
Additions	2,250
Reclassifications or Dispositions	(1,184)
Balance December 31, 2013	3,457
Agriculture [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	588
Additions	263
Reclassifications or Dispositions
Balance December 31, 2013	851
Office Automation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Additions	322
Reclassifications or Dispositions
Balance December 31, 2013	322
Air Support Equipment [Member]
Property Subject to or Available for Operating Lease [Line Items]
Additions	120
Reclassifications or Dispositions
Balance December 31, 2013	120
Other [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	113
Additions	13
Reclassifications or Dispositions
Balance December 31, 2013	126
Total Property Subject To Or Available For Operating Lease [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	66,507
Additions	25,458
Reclassifications or Dispositions	(8,764)
Balance December 31, 2013	83,201
Less Accumulated Depreciation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Balance December 31, 2012	(14,250)
Additions	(10,569)
Reclassifications or Dispositions	4,382
Balance December 31, 2013	$ (20,437)

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Borrowing Facilities (Narrative) (Details) (USD $)					12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jan. 31, 2014 Subsequent Event [Member]	Dec. 31, 2013 Maximum [Member]	Dec. 31, 2013 Covenant Requirement [Member]	Dec. 31, 2013 Warehouse Facility [Member]	Dec. 31, 2012 Warehouse Facility [Member]
Line of Credit Facility [Line Items]
Maximum amount of Credit Facility	$ 60,000,000	$ 60,000,000		$ 75,000,000
Credit Facility expiration date	2014-06			2015-06
Leverage ratio					1.25	0.64
Interest coverage ratio	2					37.26
Net worth	10,000,000					42,900,000
Outstanding borrowings under facility	$ 0	$ 4,220,000	$ 0				$ 0	$ 0
Interest rates on borrowings	3.30%	3.43%

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Investments in Equipment and Leases, Net (Narrative) (Details) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Property Subject to or Available for Operating Lease [Line Items]
Depreciation of operating lease assets		$ 10,569,000	$ 8,881,000
Average estimated residual value of assets on operating leases	38.00%	38.00%	38.00%
Impairment losses		0	0
Amortization of initial direct costs		147,000	133,000
Interest acquired in lease asset	100.00%
Long-term debt	25,543,000	25,543,000
Lease Assets [Member]
Property Subject to or Available for Operating Lease [Line Items]
Amortization of initial direct costs		114,000	112,000
Marine Vessel [Member]
Property Subject to or Available for Operating Lease [Line Items]
Interest acquired in lease asset	100.00%
New non-recouse debt	23,900,000	23,900,000
Long-term debt	4,100,000	4,100,000
Atel 14, LLC [Member] | Marine Vessel [Member]
Property Subject to or Available for Operating Lease [Line Items]
Interest acquired in lease asset	50.00%
Percentage of new debt assumed	50.00%
New non-recouse debt	11,900,000	11,900,000
Long-term debt	$ 2,100,000	$ 2,100,000

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Organization and Limited Liability Company Matters (Narrative) (Details) (USD $)	0 Months Ended		12 Months Ended	57 Months Ended
	Dec. 02, 2009	Oct. 08, 2009	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	May 08, 2009	Feb. 12, 2010 Minimum [Member]
Contributions of capital						$ 500
Partnership termination date				Dec. 31, 2030
Public offering of Limited Liability Company Units		15,000,000
Public offering of Limited Liability Company Units, price per unit		$ 10
Sale of Limited Liability Company Units, number of units	120,000
Proceeds from sale of Limited Liability Company Units	1,200,000
Amount of aggregate subscriptions for Pennsylvania subscriptions to be released to the Fund							7,500,000
Contributions received, net of rescissions			$ 84,000,000	$ 84,000,000
Units issued			8,386,015	8,386,015	8,395,515
Units outstanding			8,386,015	8,386,015	8,395,515
Reinvestment period			6 years

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Commitments (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Commitments [Abstract]
Commitments to purchase lease assets	$ 0

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Notes Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2013

Notes Receivable, Net [Abstract]

Minimum Future Payments Receivable

As of December 31, 2013, the minimum future payments receivable are as follows (in thousands):

Year ending December 31, 2014	$	2,803
2015		1,473
2016		487
		4,763
Less: portion representing unearned interest income		(479)
		4,284
Unamortized initial direct costs		15
Notes receivable, net	$	4,299

Initial Direct Costs, Amortization Expense Related to Notes Receivable and Company's Operating and Direct Finance Leases

IDC amortization expense related to notes receivable and the Company’s operating and direct finance leases for the years ended December 31, 2013 and 2012 are as follows (in thousands):

		2013		2012
IDC amortization - notes receivable	$	33	$	21
IDC amortization - lease assets		114		112
Total	$	147	$	133

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Investments in Equipment and Leases, Net (Future Minimum Lease Payments Receivable) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013
Operating Leases
Year ending December 31, 2014	$ 12,684
2015	9,166
2016	5,443
2017	4,532
2018	3,541
Thereafter	1,004
Operating leases, future minimum payments receivable, total	36,370
Direct Financing Leases
Year ending December 31, 2014	348
2015	248
2016	13
Direct financing leases, future minimum payments receivable, total	609
Total
Year ending December 31, 2014	13,032
2015	9,414
2016	5,456
2017	4,532
2018	3,541
Thereafter	1,004
Operating and direct financing leases, future minimum payments receivable, total	$ 36,979

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Allowance for Credit Losses (Activity in Allowance for Doubtful Accounts) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	$ 54	$ 27
Provision for credit losses	15	27
Asset disposal	(54)
Ending Balance	15	54
Allowance For Doubtful Accounts [Member] | Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance
Provision for credit losses
Asset disposal
Ending Balance
Allowance For Doubtful Accounts [Member] | Direct Financing Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance
Provision for credit losses
Asset disposal
Ending Balance
Allowance For Doubtful Accounts [Member] | Operating Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance		27
Provision for credit losses	15	(27)
Ending Balance	15
Valuation Adjustments on Financing Receivables [Member] | Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	54
Provision for credit losses		54
Asset disposal	(54)
Ending Balance		54
Valuation Adjustments on Financing Receivables [Member] | Direct Financing Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance
Provision for credit losses
Asset disposal
Ending Balance

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Concentration of Credit Risk and Major Customers (Schedule of Leasing and Lending Revenues) (Details)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Natural Gas [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	27.00%			[1]
Manufacturing [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	26.00%		36.00%
Wholesale, Nondurable Goods [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	10.00%		11.00%
Agriculture [Member]
Concentration Risk [Line Items]
Percentage of concentration risk		[1]	10.00%
Materials Handling [Member] | Cummins [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	13.00%		16.00%
Research [Member] | IBM Corporation [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	12.00%		20.00%

[1] Less than 10%

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Non-Recourse Debt (Narrative) (Details) (USD $)	3 Months Ended	12 Months Ended		3 Months Ended
	Dec. 31, 2013	Dec. 31, 2013 Minimum [Member]	Dec. 31, 2013 Maximum [Member]	Dec. 31, 2013 Marine Vessel [Member]	Dec. 31, 2013 Marine Vessel [Member] Atel 14, LLC [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Fixed Interest rate on note		1.37%	4.40%
Gross operating lease rentals and future payments on direct financing leases	$ 26,900,000
Carrying value of pledged assets	41,800,000
Note maturity year		2014	2019
Interest acquired in lease asset	100.00%			100.00%	50.00%
Non recourse debt, fixed interest rate					2.80%
New non-recouse debt				23,900,000	11,900,000
Percentage of new debt assumed					50.00%
Long-term debt	$ 25,543,000			$ 4,100,000	$ 2,100,000

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Fair Value Measurements (Reconciliation of Level 3 Assets) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized gain on warrants, net recorded during the year	$ 784
Level 3 Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance at December 31, 2012
Unrealized gain on warrants, net recorded during the year	784
Balance at December 31, 2013	$ 784

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Investments in Equipment and Leases, Net (Investment in Leases) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Leases Disclosure [Line Items]
Balance December 31, 2012	$ 53,311
Reclassifications, Additions/ Dispositions	21,190
Depreciation/ Amortization Expense or Amortization of Leases	(10,971)
Balance December 31, 2013	63,530
Initial direct costs, accumulated amortization	254	185
Operating Leases [Member]
Leases Disclosure [Line Items]
Balance December 31, 2012	52,257
Reclassifications, Additions/ Dispositions	21,076
Depreciation/ Amortization Expense or Amortization of Leases	(10,569)
Balance December 31, 2013	62,764
Direct Financing Leases [Member]
Leases Disclosure [Line Items]
Balance December 31, 2012	772
Reclassifications, Additions/ Dispositions	73
Depreciation/ Amortization Expense or Amortization of Leases	(288)
Balance December 31, 2013	557
Initial Direct Cost [Member]
Leases Disclosure [Line Items]
Balance December 31, 2012	282
Reclassifications, Additions/ Dispositions	41
Depreciation/ Amortization Expense or Amortization of Leases	(114)
Balance December 31, 2013	$ 209

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Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2.  Summary of significant accounting policies:

Basis of presentation:

The accompanying balance sheets as of December 31, 2013 and 2012, and the related statements of operations, changes in members’ capital, and cash flows for the years then ended, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission. Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications had no significant effect on the reported financial position or results from 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 December 31, 2013, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements.

Cash and cash equivalents:

Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less.

Use of Estimates:

The preparation of the 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 the 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 and reserve for credit losses on notes receivable.

Accounts receivable:

Accounts receivable represent the amounts billed under operating and direct financing lease contracts, and notes receivable which are currently due to the Company. Allowances for doubtful accounts are typically established based on historical charge off and collection experience and the collectability of specifically identified lessees and borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received.

Credit risk:

Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, operating and direct financing lease receivables, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury denominated instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from lessees or borrowers in various industries, related to equipment on operating and direct financing leases or notes receivable.

Equipment on operating leases and related revenue recognition:

Equipment subject to operating leases is stated at cost. Depreciation is recognized on a straight-line method over the terms of the related leases to the equipment’s estimated residual values. Off-lease equipment is generally not subject to depreciation. Maintenance costs associated with the Fund’s portfolio of leased assets are expensed as incurred. Major additions and betterments are capitalized.

Operating lease revenue is recognized on a straight-line basis over the term of the underlying leases. The initial lease terms will vary as to the type of equipment subject to the leases, the needs of the lessees and the terms to be negotiated, but initial leases are generally on terms from 36 to 84 months. The difference between rent received and rental revenue recognized is recorded as unearned operating lease income on the balance sheet.

Operating leases are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management considers the equipment underlying the lease contracts for impairment and periodically reviews the credit worthiness of all operating lessees with payments outstanding less than 90 days.

Based upon management’s judgment, the related operating leases may be placed on non-accrual status. Leases placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid lease payments is probable. Until such time, revenues are recognized on a cash basis.

Direct financing leases and related revenue recognition:

Income from direct financing lease transactions is reported using the financing method of accounting, in which the Company’s investment in the leased property is reported as a receivable from the lessee to be recovered through future rentals. The interest income portion of each rental payment is calculated so as to generate a constant rate of return on the net receivable outstanding.

Allowances for losses on direct financing leases are typically established based on historical charge-off and collection experience and the collectability of specifically identified lessees and billed and unbilled receivables. Direct financing leases are charged off to the allowance as they are deemed uncollectible.

Direct financing leases are generally placed in a non-accrual status (i.e., no revenue is recognized) and deemed impaired when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of all direct finance lessees with payments outstanding less than 90 days. Based upon management’s judgment, the related direct financing leases may be placed on non-accrual status. Leases placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid lease payments is probable. Until such time, all payments received are applied only against outstanding principal balances.

Notes receivable, unearned interest income and related revenue recognition:

The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports only the net amount of principal due on the balance sheet. The unearned interest is recognized over the term of the note and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Any fees or costs related to notes receivable are recorded as part of the net investment in notes receivable and amortized over the term of the loan.

Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible.

Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances.

Initial direct costs:

The Company capitalizes initial direct costs (“IDC”) associated with the origination and funding of lease assets and investments in notes receivable. IDC includes both internal costs (e.g., the costs of employees’ activities in connection with successful lease and loan originations) and external broker fees incurred with such originations. The costs are amortized on a lease by lease (or note by note) basis based on actual lease term using a straight-line method for operating leases and the effective interest rate method for direct financing leases and notes receivable. Upon disposal of the underlying lease assets and notes receivable, both the initial direct costs and the associated accumulated amortization are relieved. Costs related to leases or notes receivable that are not consummated are not eligible for capitalization as initial direct costs and are expensed as acquisition expense.

Acquisition expense:

Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition of equipment which are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as initial direct costs, such amounts are expensed as incurred.

Asset valuation:

Recorded values of the Company’s lease asset portfolio are periodically reviewed for impairment. 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 estimated residual value of the asset at the end of the asset’s expected holding period and estimates of undiscounted future rents. 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 market place 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.

Segment reporting:

The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States.

The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its equipment leasing business operates as one reportable segment because: a) the Company measures profit and loss at the equipment portfolio level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment leasing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment lease financing; and e) the Company has not chosen to organize its business around geographic areas.

The primary geographic regions in which the Company sought leasing opportunities were North America and Europe. For the years ended December 31, 2013 and 2012, and as of December 31, 2013 and 2012, 100% of the Company’s operating revenues and long-lived assets are from customers domiciled in North America.

Investment in securities:

Purchased securities

Purchased securities are generally not registered for public sale and are carried at cost. Such securities are adjusted to fair value if the fair value is less than the carrying value and such impairment is deemed by the Managing Member to be other than temporary. 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. During the second quarter of 2013, the Company exchanged a $260 thousand note receivable for a like amount of direct equity investment in shares of the borrower. The Company had $293 thousand and $33 thousand of purchased securities at December 31, 2013 and 2012, respectively. Based upon the Company’s review of its portfolio, no fair value adjustment was deemed necessary for 2013 and 2012. There were also no sales or disposition of securities in 2013 and 2012.

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried at an estimated fair value on the balance sheet at the end of the period, as determined by the Managing Member. At December 31, 2013, the Company’s portfolio of warrants had an estimated fair value of $784 thousand. At December 31, 2012, the Managing Member estimated the fair value of the warrants to be nominal in amount. The Company realized $139 thousand of gains from the net exercise of warrants during the year ended December 31, 2013. There were no net exercises of warrants during 2012.

Unearned operating lease income:

The Company records prepayments on operating leases as a liability under the caption of unearned operating lease income. The liability is recorded when prepayments are received and recognized as operating lease revenue over the period to which the prepayments relate using a straight-line method.

Income Taxes:

The Company is treated as a partnership for federal income tax purposes. Pursuant to the provisions of Section 701 of the Internal Revenue Code, a partnership is not subject to federal income taxes. Accordingly, the Company has provided current franchise income taxes for only those states which levy income taxes on partnerships. For the years ended December 31, 2013 and 2012, the related provision for state income taxes was approximately $61 thousand and $91 thousand, respectively. The Company does not have any entity level uncertain tax positions. The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions and is generally subject to examination by U.S. federal (or state and local) income tax authorities for three years from the filing of a tax return.

The tax bases of the Company’s net assets and liabilities vary from the amounts presented in these financial statements at December 31, 2013 and 2012 as follows (in thousands):

		2013		2012
Financial statement basis of net assets	$	42,886	$	51,072
Tax basis of net assets (unaudited)		39,042		50,938
Difference	$	3,844	$	134

The primary differences between the tax bases of net assets and the amounts recorded in the financial statements are the result of differences in accounting for syndication costs and differences between the depreciation methods used in the financial statements and the Company’s tax returns. 

The following reconciles the net income (loss) reported in these financial statements to the loss reported on the Company’s federal tax return (unaudited) for the years ended December 31, 2013 and 2012 (in thousands):

		2013		2012
Net income (loss) per financial statements	$	41	$	(1,929)
Tax adjustments (unaudited):
Adjustment to depreciation expense		(3,786)		(6,227)
Provision for losses and doubtful accounts		15		(27)
Adjustments to revenues		363		303
Adjustments to gain on sales of assets		529		16
Other		(830)		109
Loss per federal tax return (unaudited)	$	(3,668)	$	(7,755)

Per Unit data:

Net loss and distributions per Unit are based upon the weighted average number of Other Members Units outstanding during the year.

Recent Accounting Pronouncements

Recent accounting standards updates as issued by the Financial Accounting Standards Board (FASB) were evaluated and determined to be not applicable to the Company.

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Fair Value Measurements (Fair Value Measurement of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired notes receivable, net	$ 117
Level 1 Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired notes receivable, net
Level 2 Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired notes receivable, net
Level 3 Estimated Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired notes receivable, net	$ 117

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Allowance for Credit Losses (Recorded Investment in Financing Receivables) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Allowances for credit losses:
Ending balance	$ 0		$ 54
Ending balance: individually evaluated for impairment			54
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes Receivable, Net [Abstract]
Ending balance	4,857		8,888
Ending balance: individually evaluated for impairment	4,857		8,888
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes receivable unamortized initial direct cost	15
Notes Receivable [Member]
Allowances for credit losses:
Ending balance			54
Ending balance: individually evaluated for impairment			54
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes Receivable, Net [Abstract]
Ending balance	4,299	[1]	8,114	[2]
Ending balance: individually evaluated for impairment	4,299		8,114
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes receivable unamortized initial direct cost	15		31
Finance Leases [Member]
Allowances for credit losses:
Ending balance
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes Receivable, Net [Abstract]
Ending balance	558	[3]	774	[4]
Ending balance: individually evaluated for impairment	558		774
Ending balance: collectively evaluated for impairment
Ending balance: loans acquired with deteriorated credit quality
Notes receivable unamortized initial direct cost	$ 1		$ 2

[1] Includes $15 of unamortized initial direct costs.

[2] Includes $31 of unamortized initial direct costs.

[3] Includes $1 of unamortized initial direct costs.

[4] Includes $2 of unamortized initial direct costs.

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Non-Recourse Debt (Tables)

12 Months Ended

Dec. 31, 2013

Non-Recourse Debt [Abstract]

Future Minimum Payments of Non-Recourse Debt

Future minimum payments of non-recourse debt are as follows (in thousands):

		Principal		Interest		Total
Year ending December 31, 2014	$	7,938	$	541	$	8,479
2015		5,587		376		5,963
2016		4,027		263		4,290
2017		3,820		162		3,982
2018		3,175		71		3,246
Thereafter		996		8		1,004
	$	25,543	$	1,421	$	26,964

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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2013

Related Party Transactions [Abstract]

Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement

The Managing Member and/or affiliates earned commissions and received cost reimbursements, pursuant to the Operating Agreement, during the years ended December 31, 2013 and 2012 as follows (in thousands):

		2013		2012
Administrative costs reimbursed to Managing Member and/or affiliates	$	1,390	$	1,246
Asset management fees to Managing Member		744		562
Acquisition and initial direct costs paid to Managing Member		852		1,402
Reimbursement of other syndication costs to Managing Member   and/or affiliates, deducted from Other Members capital		-		14
	$	2,986	$	3,224

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Borrowings Facilities (Borrowings Under Facility) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2012
Borrowing Facilities [Abstract]
Total available under the financing arrangement	$ 60,000	$ 60,000
Amount borrowed by the Company under the acquisition facility	0	(4,220)	0
Amounts borrowed by affiliated partnerships and Limited Liability Companies under the venture, acquisition and warehouse facilities	(7,310)	(1,270)
Total remaining available under the venture, acquisition and warehouse facilities	$ 52,690	$ 54,510

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Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Finance Leases	$ 557	$ 772
Notes Receivable	4,284	8,083
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Finance Leases	557	772
Notes Receivable	4,047	6,567
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable	$ 237	$ 1,516

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Borrowing Facilities (Tables)

12 Months Ended

Dec. 31, 2013

Borrowing Facilities [Abstract]

Borrowings under Facility

As of December 31, 2013 and 2012, borrowings under the facility were as follows (in thousands):

		2013		2012
Total available under the financing arrangement	$	60,000	$	60,000
Amount borrowed by the Company under the acquisition facility		-		(4,220)
Amounts borrowed by affiliated partnerships and limited liability companies under the venture, acquisition and warehouse facilities		(7,310)		(1,270)
Total remaining available under the venture, acquisition and warehouse facilities	$	52,690	$	54,510

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Members' Capital (Tables)

12 Months Ended

Dec. 31, 2013

Members' Capital [Abstract]

Distributions to Other Members

Distributions to the Other Members for the years ended December 31, 2013 and 2012 were as follows (in thousands except Units and per Unit data):

		2013		2012
Distributions declared	$	7,550	$	7,557
Weighted average number of Units outstanding		8,391,064		8,397,810
Weighted average distributions per Unit	$	0.90	$	0.90

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Organization and Limited Liability Company Matters

12 Months Ended

Dec. 31, 2013

Organization and Limited Liability Company Matters [Abstract]

Organization and Limited Liability Company Matters

1.  Organization and Limited Liability Company matters:

ATEL 14, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on April 1, 2009 (“Date of Inception”) for the purpose of equipment financing and acquiring equipment to engage in equipment leasing and sales activities. The Managing Member of the Company is ATEL Managing Member, LLC (the “Managing Member” or “Manager”), a Nevada limited liability corporation. Prior to May 9, 2011, the Manager was named ATEL Associates 14, LLC. The Fund may continue until December 31, 2030. Contributions in the amount of $500 were received as of May 8, 2009, which represented the initial member’s capital investment. As a limited liability company, the liability of any individual member for the obligations of the Fund is limited to the extent of capital contributions to the Fund by the individual member.

The Company conducted a public offering of 15,000,000 Limited Liability Company Units (“Units”), at a price of $10 per Unit. As of December 2, 2009, subscriptions for the minimum number of Units (120,000, representing $1.2 million), excluding subscriptions from Pennsylvania investors, had been received and the Fund requested subscription proceeds to be released from escrow. On that date, the Company commenced initial operations and continued in its development stage activities until transitioning to an operating enterprise during the first quarter of 2010. Pennsylvania subscriptions are subject to a separate escrow and are released to the Fund only when aggregate subscriptions for all investors equal to at least $7.5 million. Total contributions to the Fund exceeded $7.5 million on February 12, 2010, at which time a request was processed to release the Pennsylvania escrowed amounts. The offering was terminated on October 6, 2011.

As of December 31, 2013, cumulative gross contributions, less rescissions and repurchases (net of distributions paid and allocated syndication costs, as applicable), totaling $84.0 million (inclusive of the $500 initial member’s capital investment) have been received. As of the same date, 8,386,015 Units were issued and outstanding.

The Fund, or Managing Member on behalf of the Fund, has incurred costs in connection with the organization, registration and issuance of the limited liability company units (Units). The amount of such costs to be borne by the Fund is limited by certain provisions of the ATEL 14, LLC amended and restated limited liability company operating agreement dated October 7, 2009 (the “Operating Agreement”).

The Company’s principal objectives are to invest in a diversified portfolio of investments that will (i) preserve, protect and return the Company’s invested capital; (ii) generate regular cash distributions to Unitholders, with any balance remaining after required minimum distributions to be used to purchase additional investments during the Reinvestment Period (ending six calendar years after the completion of the Company’s public offering of Units) and (iii) provide additional cash distributions following the Reinvestment Period and until all investment portfolio assets has been sold or otherwise disposed. The Company is governed by its Operating Agreement, as amended.

Pursuant to the terms of the Operating Agreement, AFS receives compensation for services rendered and reimbursements for costs incurred on behalf of the Company (Note 7). 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.

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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Measurements [Abstract]

Reconciliation of Level 3 Assets

The following table reconciles the beginning and ending balances of the Company’s Level 3 recurring assets (in thousands):

		Level 3 assets
Balance at December 31, 2012	$	-
Unrealized gain on warrants, net recorded during the year		784
Balance at December 31, 2013	$	784

Fair Value Measurement of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis

The following table presents the fair value measurement of assets measured at fair value on a non-recurring basis and the level within the hierarchy in which the fair value measurements fall at  December 31, 2012 (in thousands):

		December 31, 2012		Level 1 Estimated Fair Value		Level 2 Estimated Fair Value		Level 3 Estimated Fair Value
Assets measured at fair value on a non-recurring basis:
Impaired notes receivable, net	$	117	$	-	$	-	$	117

Summary of Valuation Techniques and Significant Unobservable Inputs Used

The following table summarizes the valuation techniques and significant unobservable inputs used for the Company’s recurring fair value calculation categorized as Level 3 in the fair value hierarchy at December 31, 2013:

Name	Valuation Frequency	Valuation Technique	Unobservable Inputs	Range of Input Values
Warrants	Recurring	Black-Scholes Model	Stock price	$0.04 - $1,000.00
			Exercise price	$0.04 - $1,000.00
			Time to maturity (in years)	2.62 - 9.46
			Risk-free interest rate	0.61% - 2.94%
			Annualized volatility	17.80% - 100.00%

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 of the FASB Accounting Standards Codification at December 31, 2013 and 2012 (in thousands):

		Fair Value Measurements at December 31, 2013
		Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	3,090	$	3,090	$	-	$	-	$	3,090
Notes receivable, net		4,299		-		-		4,299		4,299
Investment in securities		293		-		-		293		293
Fair value of warrants		784		-		-		784		784
Financial liabilities:
Non-recourse debt		25,543		-		-		25,374		25,374
Long-term debt		2,068		-		-		2,056		2,056

		Fair Value Measurements at December 31, 2012
		Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	9,438	$	9,438	$	-	$	-	$	9,438
Notes receivable, net		8,060		-		-		8,060		8,060
Investment in securities		33		-		-		33		33
Financial liabilities:
Non-recourse debt		14,057		-		-		14,079		14,079
Borrowings		4,220		-		-		4,220		4,220

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Notes Receivable, Net (Initial Direct Costs, Amortization Expense Related to Notes Receivable and Company's Operating and Direct Finance Leases) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Initial Direct Costs Notes Receivable And Lease Assets [Line Items]
Amortization of initial direct costs	$ 147	$ 133
Notes Receivable [Member]
Initial Direct Costs Notes Receivable And Lease Assets [Line Items]
Amortization of initial direct costs	33	21
Lease Assets [Member]
Initial Direct Costs Notes Receivable And Lease Assets [Line Items]
Amortization of initial direct costs	$ 114	$ 112

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Non-Recourse Debt (Future Minimum Payments of Non-Recourse Debt) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013
Principal
Year ending December 31, 2014	$ 7,938
2015	5,587
2016	4,027
2017	3,820
2018	3,175
Thereafter	996
Long-term Debt, Total	25,543
Interest
Year ending December 31, 2014	541
2015	376
2016	263
2017	162
2018	71
Thereafter	8
Long Term Debt Interest, Total	1,421
Total
Year ending December 31, 2014	8,479
2015	5,963
2016	4,290
2017	3,982
2018	3,246
Thereafter	1,004
Long Term Debt Principal and Interest, Total	$ 26,964

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Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 3,090	$ 9,438
Accounts receivable, net of allowance for doubtful accounts of $15 at December 31, 2013 and $0 at December 31, 2012	239	197
Notes receivable, net of unearned interest income of $479 and allowance for credit losses of $0 at December 31, 2013 and net of unearned interest income of $1,307 and allowance for credit losses of $54 at December 31, 2012	4,299	8,060
Investment in securities	293	33
Fair value of warrants	784
Investments in equipment and leases, net of accumulated depreciation of $20,437 at December 31, 2013 and $14,251 at December 31, 2012	63,530	53,311
Prepaid expenses and other assets	116	146
Total assets	72,351	71,185
Accounts payable and accrued liabilities:
Managing Member	66	71
Affiliates	325	108
Accrued distributions to Other Members	816	816
Other	235	426
Deposits due lessees	25	105
Non-recourse debt	25,543	14,057
Long-term debt	2,068
Acquisition facility obligation		4,220
Unearned operating lease income	387	310
Total liabilities	29,465	20,113
Commitments and contingencies
Members' capital:
Managing Member
Other Members	42,886	51,072
Total Members' capital	42,886	51,072
Total liabilities and Members' capital	$ 72,351	$ 71,185

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Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
31-60 Days Past Due	$ 12
61-90 Days Past Due
Greater Than 90 Days
Total Past Due	12
Current	4,829	8,855
Total financing receivable	4,841	8,855
Recorded Investment > 90 Days and Accruing
Notes Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
31-60 Days Past Due
61-90 Days Past Due
Greater Than 90 Days
Total Past Due
Current	4,284	8,083
Total financing receivable	4,284	8,083
Recorded Investment > 90 Days and Accruing
Finance Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
31-60 Days Past Due	12
61-90 Days Past Due
Greater Than 90 Days
Total Past Due	12
Current	545	772
Total financing receivable	557	772
Recorded Investment > 90 Days and Accruing

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Statements of Changes in Members' Capital (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statements of Changes in Members' Capital [Abstract]
Distributions to Other Members, per unit	$ 0.90	$ 0.90

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Members' Capital (Distributions to Other Members) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Members' Capital [Abstract]
Distributions declared	$ 7,550	$ 7,557
Weighted average number of Units outstanding	8,391,064	8,397,810
Weighted average distributions per Unit	$ 0.90	$ 0.90

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Summary of Significant Accounting Policies (Schedule of Differences Between Book Value and Tax Basis of Net Assets) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of Significant Accounting Policies [Abstract]
Financial statement basis of net assets	$ 42,886	$ 51,072	$ 61,235
Tax basis of net assets (unaudited)	39,042	50,938
Difference	$ 3,844	$ 134

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Summary of Significant Accounting Policies (Policy)

12 Months Ended

Dec. 31, 2013

Summary of Significant Accounting Policies [Abstract]

Basis of Presentation

Basis of presentation:

The accompanying balance sheets as of December 31, 2013 and 2012, and the related statements of operations, changes in members’ capital, and cash flows for the years then ended, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission. Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications had no significant effect on the reported financial position or results from 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 December 31, 2013, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements.

Cash and Cash Equivalents

Cash and cash equivalents:

Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less.

Use of Estimates

Use of Estimates:

The preparation of the 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 the 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 and reserve for credit losses on notes receivable.

Accounts Receivable

Accounts receivable:

Accounts receivable represent the amounts billed under operating and direct financing lease contracts, and notes receivable which are currently due to the Company. Allowances for doubtful accounts are typically established based on historical charge off and collection experience and the collectability of specifically identified lessees and borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received.

Credit Risk

Credit risk:

Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, operating and direct financing lease receivables, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury denominated instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from lessees or borrowers in various industries, related to equipment on operating and direct financing leases or notes receivable.

Equipment on Operating Leases and Related Revenue Recognition

Equipment on operating leases and related revenue recognition:

Equipment subject to operating leases is stated at cost. Depreciation is recognized on a straight-line method over the terms of the related leases to the equipment’s estimated residual values. Off-lease equipment is generally not subject to depreciation. Maintenance costs associated with the Fund’s portfolio of leased assets are expensed as incurred. Major additions and betterments are capitalized.

Operating lease revenue is recognized on a straight-line basis over the term of the underlying leases. The initial lease terms will vary as to the type of equipment subject to the leases, the needs of the lessees and the terms to be negotiated, but initial leases are generally on terms from 36 to 84 months. The difference between rent received and rental revenue recognized is recorded as unearned operating lease income on the balance sheet.

Operating leases are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management considers the equipment underlying the lease contracts for impairment and periodically reviews the credit worthiness of all operating lessees with payments outstanding less than 90 days.

Based upon management’s judgment, the related operating leases may be placed on non-accrual status. Leases placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid lease payments is probable. Until such time, revenues are recognized on a cash basis.

Direct Financing Leases and Related Revenue Recognition

Direct financing leases and related revenue recognition:

Income from direct financing lease transactions is reported using the financing method of accounting, in which the Company’s investment in the leased property is reported as a receivable from the lessee to be recovered through future rentals. The interest income portion of each rental payment is calculated so as to generate a constant rate of return on the net receivable outstanding.

Allowances for losses on direct financing leases are typically established based on historical charge-off and collection experience and the collectability of specifically identified lessees and billed and unbilled receivables. Direct financing leases are charged off to the allowance as they are deemed uncollectible.

Direct financing leases are generally placed in a non-accrual status (i.e., no revenue is recognized) and deemed impaired when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of all direct finance lessees with payments outstanding less than 90 days. Based upon management’s judgment, the related direct financing leases may be placed on non-accrual status. Leases placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid lease payments is probable. Until such time, all payments received are applied only against outstanding principal balances.

Notes Receivable, Unearned Interest Income and Related Revenue Recognition

Notes receivable, unearned interest income and related revenue recognition:

The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports only the net amount of principal due on the balance sheet. The unearned interest is recognized over the term of the note and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Any fees or costs related to notes receivable are recorded as part of the net investment in notes receivable and amortized over the term of the loan.

Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible.

Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances.

Initial Direct Costs

Initial direct costs:

The Company capitalizes initial direct costs (“IDC”) associated with the origination and funding of lease assets and investments in notes receivable. IDC includes both internal costs (e.g., the costs of employees’ activities in connection with successful lease and loan originations) and external broker fees incurred with such originations. The costs are amortized on a lease by lease (or note by note) basis based on actual lease term using a straight-line method for operating leases and the effective interest rate method for direct financing leases and notes receivable. Upon disposal of the underlying lease assets and notes receivable, both the initial direct costs and the associated accumulated amortization are relieved. Costs related to leases or notes receivable that are not consummated are not eligible for capitalization as initial direct costs and are expensed as acquisition expense.

Acquisition Expense

Acquisition expense:

Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition of equipment which are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as initial direct costs, such amounts are expensed as incurred.

Asset Valuation

Asset valuation:

Recorded values of the Company’s lease asset portfolio are periodically reviewed for impairment. 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 estimated residual value of the asset at the end of the asset’s expected holding period and estimates of undiscounted future rents. 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 market place 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.

Segment Reporting

Segment reporting:

The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States.

The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its equipment leasing business operates as one reportable segment because: a) the Company measures profit and loss at the equipment portfolio level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment leasing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment lease financing; and e) the Company has not chosen to organize its business around geographic areas.

The primary geographic regions in which the Company sought leasing opportunities were North America and Europe. For the years ended December 31, 2013 and 2012, and as of December 31, 2013 and 2012, 100% of the Company’s operating revenues and long-lived assets are from customers domiciled in North America.

Investment in Securities

Investment in securities:

Purchased securities

Purchased securities are generally not registered for public sale and are carried at cost. Such securities are adjusted to fair value if the fair value is less than the carrying value and such impairment is deemed by the Managing Member to be other than temporary. 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. During the second quarter of 2013, the Company exchanged a $260 thousand note receivable for a like amount of direct equity investment in shares of the borrower. The Company had $293 thousand and $33 thousand of purchased securities at December 31, 2013 and 2012, respectively. Based upon the Company’s review of its portfolio, no fair value adjustment was deemed necessary for 2013 and 2012. There were also no sales or disposition of securities in 2013 and 2012.

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried at an estimated fair value on the balance sheet at the end of the period, as determined by the Managing Member. At December 31, 2013, the Company’s portfolio of warrants had an estimated fair value of $784 thousand. At December 31, 2012, the Managing Member estimated the fair value of the warrants to be nominal in amount. The Company realized $139 thousand of gains from the net exercise of warrants during the year ended December 31, 2013. There were no net exercises of warrants during 2012.

Unearned Operating Lease Income

Unearned operating lease income:

The Company records prepayments on operating leases as a liability under the caption of unearned operating lease income. The liability is recorded when prepayments are received and recognized as operating lease revenue over the period to which the prepayments relate using a straight-line method.

Income Taxes

Income Taxes:

The Company is treated as a partnership for federal income tax purposes. Pursuant to the provisions of Section 701 of the Internal Revenue Code, a partnership is not subject to federal income taxes. Accordingly, the Company has provided current franchise income taxes for only those states which levy income taxes on partnerships. For the years ended December 31, 2013 and 2012, the related provision for state income taxes was approximately $61 thousand and $91 thousand, respectively. The Company does not have any entity level uncertain tax positions. The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions and is generally subject to examination by U.S. federal (or state and local) income tax authorities for three years from the filing of a tax return.

The tax bases of the Company’s net assets and liabilities vary from the amounts presented in these financial statements at December 31, 2013 and 2012 as follows (in thousands):

		2013		2012
Financial statement basis of net assets	$	42,886	$	51,072
Tax basis of net assets (unaudited)		39,042		50,938
Difference	$	3,844	$	134

The primary differences between the tax bases of net assets and the amounts recorded in the financial statements are the result of differences in accounting for syndication costs and differences between the depreciation methods used in the financial statements and the Company’s tax returns. 

The following reconciles the net income (loss) reported in these financial statements to the loss reported on the Company’s federal tax return (unaudited) for the years ended December 31, 2013 and 2012 (in thousands):

		2013		2012
Net income (loss) per financial statements	$	41	$	(1,929)
Tax adjustments (unaudited):
Adjustment to depreciation expense		(3,786)		(6,227)
Provision for losses and doubtful accounts		15		(27)
Adjustments to revenues		363		303
Adjustments to gain on sales of assets		529		16
Other		(830)		109
Loss per federal tax return (unaudited)	$	(3,668)	$	(7,755)

Per Unit Data

Per Unit data:

Net loss and distributions per Unit are based upon the weighted average number of Other Members Units outstanding during the year.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Recent accounting standards updates as issued by the Financial Accounting Standards Board (FASB) were evaluated and determined to be not applicable to the Company.

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Summary of Significant Accounting Policies (Reconciliation of Net Income Loss Reported in Financial Statements and Federal Tax Return) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]
Net income (loss) per financial statements	$ 41	$ (1,929)
Adjustment to depreciation expense	(3,786)	(6,227)
Provision for losses and doubtful accounts	15	(27)
Adjustments to revenues	363	303
Adjustments to gain on sales of assets	529	16
Other	(830)	109
Loss per federal tax return (unaudited)	$ (3,668)	$ (7,755)

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Concentration of Credit Risk and Major Customers (Tables)

12 Months Ended

Dec. 31, 2013

Concentration of Credit Risk and Major Customers [Abstract]

Schedule of Equipment Leased

As of December 31, 2013 and 2012, there were concentrations (greater than or equal to 10% as a percentage of total equipment cost) of equipment leased to lessees and/or financed for borrowers in certain industries as follows:

	Percentage of Total Equipment Cost
Industry	2013	2012
Natural gas	27%	*
Manufacturing	26%	36%
Wholesale, nondurable goods	10%	11%
Agriculture	*	10%
*  Less than 10%

Schedule of Major Customers Credit Risk Concentration

During 2013 and 2012, certain lessees and/or financial borrowers generated significant portions (defined as greater than or equal to 10%) of the Company’s total leasing and lending revenues, excluding gains or losses on disposition of assets, as follows:

		Percentage of Total Leasing and Lending Revenues
Lessee	Type of Equipment	2013	2012
Cummins	Materials handling	13%	16%
IBM Corporation	Research	12%	20%

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Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Operating activities:
Net income (loss)	$ 41	$ (1,929)
Adjustment to reconcile net income (loss) to cash provided by operating activities:
Gain on sales of assets and early termination of notes	(583)	(19)
Depreciation of operating lease assets	10,569	8,881
Amortization of initial direct costs	147	133
Provision for credit losses	15	27
Gain on sales or disposition of securities	(139)
Unrealized gain on fair valuation of warrants	(784)
Changes in operating assets and liabilities:
Accounts receivable	(57)	52
Prepaid expenses and other assets	30	(63)
Accounts payable, Managing Member	(5)	(9)
Accounts payable, other	(5)	140
Accrued liabilities, affiliates	217	(200)
Deposits due lessees	(80)	101
Unearned operating lease income	77	43
Net cash provided by operating activities	9,443	7,157
Investing activities:
Purchases of equipment on operating leases	(25,645)	(23,268)
Purchases of equipment on direct financing leases		(919)
Purchase of securities		(1)
Proceeds from sales of lease assets and early termination of notes receivable	6,215	128
Payments of initial direct costs	(57)	(101)
Principal payments received on direct financing leases	288	263
Note receivable advances	(362)	(7,047)
Proceeds from sale of securities	139
Principal payments received on notes receivable	2,524	1,800
Net cash used in investing activities	(16,898)	(29,145)
Financing activities:
Borrowings under non-recourse debt	20,527	13,672
Repayments under non-recourse debt	(9,041)	(2,512)
Borrowings under long-term debt	2,068
Borrowings under acquisition facility		6,220
Repayments under acquisition facility	(4,220)	(2,000)
Repurchase or rescissions of Units	(65)	(50)
Net cash used in financing activities	1,107	7,119
Net decrease in cash and cash equivalents	(6,348)	(14,869)
Cash and cash equivalents at beginning of year	9,438	24,307
Cash and cash equivalents at end of year	3,090	9,438
Supplemental disclosures of cash flow information:
Cash paid during the year for interest	346	171
Cash paid during the year for taxes	55	68
Schedule of non-cash transactions:
Exchange of note receivable for direct equity investment	260
Purchases of equipment on operating leases		187
Other Members [Member]
Operating activities:
Net income (loss)	(571)	(2,542)
Financing activities:
Syndication costs paid to Managing Member		(36)
Distributions to Members	(7,550)	(7,562)
Schedule of non-cash transactions:
Distribution payable to Members at year-end	816	816
Managing Member [Member]
Operating activities:
Net income (loss)	612	613
Financing activities:
Distributions to Members	(612)	(613)
Schedule of non-cash transactions:
Distribution payable to Members at year-end	$ 66	$ 66

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Balance Sheets (Parenthetical) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Balance Sheets [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 15	$ 0
Notes receivable, unearned interest income	479	1,307
Notes receivable, allowance for credit losses	0	54
Investments in equipment and leases, accumulated depreciation	$ 20,437	$ 14,251

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Borrowing Facilities

12 Months Ended

Dec. 31, 2013

Borrowing Facilities [Abstract]

Borrowing Facilities

10.  Borrowing facilities:

The Company participates with AFS and certain of its affiliates in a revolving credit facility (the “Credit Facility”) comprised of a working capital facility to AFS, an acquisition facility (the “Acquisition Facility”) and a warehouse facility (the “Warehouse Facility”) to AFS, the Company and affiliates, and a venture facility available to an affiliate with a syndicate of financial institutions as lenders, and which Credit Facility includes certain financial covenants. The Credit Facility was for an amount up to $60 million and set to expire in June 2014.  During January 2014, the line was increased to $75 million and the expiration extended to June 2015.  The lending syndicate providing the Credit Facility has a blanket lien on all of the Company’s assets as collateral for any and all borrowings under the Acquisition Facility, and on a pro-rata basis under the Warehouse Facility.

As of December 31, 2013 and 2012, borrowings under the facility were as follows (in thousands):

		2013		2012
Total available under the financing arrangement	$	60,000	$	60,000
Amount borrowed by the Company under the acquisition facility		-		(4,220)
Amounts borrowed by affiliated partnerships and limited liability companies under the venture, acquisition and warehouse facilities		(7,310)		(1,270)
Total remaining available under the venture, acquisition and warehouse facilities	$	52,690	$	54,510

The Company and its affiliates pay an annual commitment fee to have access to this line of credit. As of December 31, 2013, the aggregate amount of the Credit Facility is potentially available to the Company, subject to certain sub-facility and borrowing-base limitations. However, as amounts are drawn on the Credit Facility by each of the Company and the affiliates who are borrowers under the Credit Facility, the amount remaining available to all borrowers to draw under the Credit Facility is reduced. As the Warehousing Facility is a short term bridge facility, any amounts borrowed under the Warehousing Facility, and then repaid by the affiliated borrowers (including the Company) upon allocation of an acquisition to a specific purchaser, become available under the Warehouse Facility for further short term borrowing.

As of December 31, 2013, the Company’s Tangible Net Worth requirement under the Credit Facility was $10.0 million, the permitted maximum leverage ratio was not to exceed 1.25 to 1, and the required minimum interest coverage ratio was not to be less than 2 to 1. The Company was in compliance with these financial covenants under the Credit Facility with a minimum Tangible Net Worth, leverage ratio and interest coverage ratio, as calculated per the Credit Facility agreement of $42.9 million, 0.64 to 1, and 37.26 to 1, respectively, as of December 31, 2013. As such, as of December 31, 2013, the Company was in compliance with all material financial covenants, and with all other material conditions of the Credit Facility. The Company does not anticipate any covenant violations nor does it anticipate that any of these covenants will restrict its operations or its ability to procure additional financing.

Fee and interest terms

The interest rate on the Credit Facility is based on either the LIBOR/Eurocurrency rate of 1-, 2-, 3- or 6-month maturity plus a lender designated spread, or the bank’s Prime rate, which re-prices daily. Principal amounts of loans made under the Credit Facility that are prepaid may be re-borrowed on the terms and subject to the conditions set forth under the Credit Facility. There were no borrowings outstanding at December 31, 2013as all outstanding borrowings under the Credit Facility had been repaid in January 2013. At December 31, 2012, outstanding borrowings under the Acquisition Facility totaled $4.2 million. The weighted average rate of borrowings as of December 31, 2013 and 2012 were 3.30% and 3.43%, respectively.

Warehouse facility

To hold the assets under the Warehousing Facility prior to allocation to specific investor programs, a Warehousing Trust has been entered into by the Company, AFS, ALC, and certain of the affiliated partnerships and limited liability companies. The Warehousing Trust is used by the Warehouse Facility borrowers to acquire and hold, on a short-term basis, certain lease transactions that meet the investment objectives of each of such entities. Each of the leasing programs sponsored by AFS and ALC currently in its acquisition stage is a pro rata participant in the Warehousing Trust, as described below. When a program no longer has a need for short-term financing provided by the Warehousing Facility, it is removed from participation, and as new leasing investment entities are formed by AFS and ALC and commence their acquisition stages, these new entities are added.

As of December 31, 2013, the investment program participants were ATEL 12, LLC, the Company and ATEL 15, LLC.  Pursuant to the Warehousing Trust, the benefit of the lease transaction assets, and the corresponding liabilities under the Warehouse Facility, inure to each of such entities based upon each entity’s pro-rata share in the Warehousing Trust estate. The “pro-rata share” is calculated as a ratio of the net worth of each entity over the aggregate net worth of all entities benefiting from the Warehousing Trust estate, excepting that the trustees, AFS and ALC, are both jointly and severally liable for the pro-rata portion of the obligations of each of the affiliated limited liability companies participating under the Warehouse Facility. Transactions are financed through this Warehouse Facility only until the transactions are allocated to a specific program for purchase or are otherwise disposed by AFS and ALC. When a determination is made to allocate the transaction to a specific program for purchase by the program, the purchaser repays the debt associated with the asset, either with cash or by means of proceeds of a draw under the Acquisition Facility, and the asset is removed from the Warehouse Facility collateral, and ownership of the asset and any debt obligation associated with the asset are assumed solely by the purchasing entity.

There were no borrowings under the Warehouse Facility as of December 31, 2013 and 2012.  

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Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Feb. 28, 2014	Jun. 30, 2013
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY
Entity Registrant Name	ATEL 14, LLC
Entity Central Index Key	0001463389
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 0
Entity Units Outstanding		8,386,015

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Commitments

12 Months Ended

Dec. 31, 2013

Commitments [Abstract]

Commitments

11.  Commitments:

At December 31, 2013, there were no commitments to purchase lease assets and fund investments in notes receivable.

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Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Leasing and lending activities:
Operating leases	$ 13,260	$ 11,177
Direct financing leases	81	91
Interest on notes receivable	746	551
Gain on sales of lease assets and early termination of notes receivable	583	19
Gain on sales or dispositions of securities	139
Unrealized gain on fair valuation of warrants	784
Interest income	1
Other	79	96
Total revenues	15,673	11,934
Expenses:
Depreciation of operating lease assets	10,569	8,881
Asset management fees to Managing Member	744	562
Acquisition expense	795	1,335
Cost reimbursements to Managing Member and/or affiliates	1,390	1,246
Provision for credit losses	15	27
Amortization of initial direct costs	147	133
Interest expense	353	175
Professional fees	240	273
Outside services	82	145
Taxes on income and franchise fees	61	91
Bank charges	189	190
Railcar maintenance	758	563
Other	289	242
Total operating expenses	15,632	13,863
Net income (loss)	41	(1,929)
Net income (loss):
Managing Member	612	613
Other Members	(571)	(2,542)
Net income (loss)	$ 41	$ (1,929)
Net loss per Limited Liability Company Unit (Other Members)	$ (0.07)	$ (0.30)
Weighted average number of Units outstanding	8,391,064	8,397,810

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Allowance for Credit Losses

12 Months Ended

Dec. 31, 2013

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses

5.Allowance for credit losses:

The Company’s allowance for credit losses are as follows (in thousands):

		Accounts Receivable Allowance for Doubtful Accounts						Valuation Adjustments on Financing Receivables				Total Allowance for Credit Losses
		Notes Receivable		Finance Leases		Operating Leases		Notes Receivable		Finance Leases
Balance December 31, 2011	$	-	$	-	$	27	$	-	$	-	$	27
(Reversal of) provision for credit losses		-		-		(27)		54		-		27
Balance December 31, 2012		-		-		-		54		-		54
Provision for credit losses		-		-		15		-		-		15
Asset disposal		-		-		-		(54)		-		(54)
Balance December 31, 2013	$	-	$	-	$	15	$	-	$	-	$	15

Accounts Receivable

Accounts receivable represent the amounts billed under operating and direct financing lease contracts, and notes receivable which are currently due to the Company.

Allowances for doubtful accounts are typically established based upon their aging and historical charge off and collection experience and the creditworthiness of specifically identified lessees and borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received.

Accounts receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with lease or

note payments outstanding less than 90 days. Based upon management’s judgment, such leases or notes may be placed innon-accrual status. Leases or notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, revenues on operating leases are recognized on a cash basis. All payments received on amounts billed under direct financing leases contracts and notes receivable are applied only against outstanding principal balances.

Financing Receivables

In addition to the allowance established for delinquent accounts receivable, the total allowance related solely to financing receivables also includes anticipated impairment charges on notes receivable and direct financing leases.

Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible.

The asset underlying a direct financing lease contract is considered impaired if the estimated undiscounted future cash flows of the asset are less than its net book value. The estimated undiscounted future cash flows are the sum of the estimated residual value of the asset at the end of the asset’s expected holding period and estimates of undiscounted future rents. 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 market place 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.

As of December 31, 2013 and 2012, the Company’s allowance for credit losses (related solely to financing receivables) and its recorded investment in financing receivables were as follows (in thousands):

December 31, 2013		Notes Receivable			Finance Leases			Total
Allowance for credit losses:
Ending balance	$	-		$	-		$	-
Ending balance: individually evaluated for impairment	$	-		$	-		$	-
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
Financing receivables:
Ending balance	$	4,299	1	$	558	2	$	4,857
Ending balance: individually evaluated for impairment	$	4,299		$	558		$	4,857
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
1Includes $15 of unamortized initial direct costs.
2Includes $1 of unamortized initial direct costs.
December 31, 2012		Notes Receivable			Finance Leases			Total
Allowance for credit losses:
Ending balance	$	54		$	-		$	54
Ending balance: individually evaluated for impairment	$	54		$	-		$	54
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
Financing receivables:
Ending balance	$	8,114	3	$	774	4	$	8,888
Ending balance: individually evaluated for impairment	$	8,114		$	774		$	8,888
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
3Includes $31 of unamortized initial direct costs.
4Includes $2 of unamortized initial direct costs.

The Company evaluates the credit quality of its financing receivables on a scale equivalent to the following quality indicators related to corporate risk profiles:

Pass – Any account whose lessee/debtor, co-lessee/debtor or any guarantor has a credit rating on publicly traded or privately placed debt issues as rated by Moody’s or S&P for either Senior Unsecured debt, Long Term Issuer rating or Issuer rating that are in the tiers of ratings generally recognized by the investment community as constituting an Investment Grade credit rating; or, has been determined by the Manager to be an Investment Grade Equivalent or High Quality Corporate Credit per its Credit Policy or has a Not Rated internal rating by the Manager and the account is not considered by the Chief Credit Officer of the manager to fall into one of the three risk profiles below.

Special Mention – Any traditional corporate type account with potential weaknesses (e.g. large net losses or major industry downturns) or, any growth capital account that has less than three months of cash as of the end of the calendar quarter to fund their continuing operations. These accounts deserve management’s close attention. If left uncorrected, those potential weaknesses may result in deterioration of the Fund’s receivable at some future date.

Substandard – Any account that is inadequately protected by the current worth and paying capacity of the borrower or of the collateral pledged, if any. Accounts that are so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Fund will sustain some loss as the likelihood of fully collecting all receivables may be questionable if the deficiencies are not corrected. Such accounts are on the Manager’s Credit Watch List.

Doubtful – Any account where the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Accordingly, an account that is so classified is on the Manager’s Credit Watch List, and has been declared in default and the Manager has repossessed, or is attempting to repossess, the equipment it financed. This category includes impaired notes and leases as applicable.

At December 31, 2013 and 2012, the Company’s financing receivables by credit quality indicator and by class of financing receivables are as follows (excludes initial direct costs) (in thousands):

		Notes Receivable				Finance Leases
		December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Pass	$	4,047	$	6,567	$	557	$	772
Special mention		237		1,516		-		-
Substandard		-		-		-		-
Doubtful		-		-		-		-
Total	$	4,284	$	8,083	$	557	$	772

At December 31, 2013 and 2012, the investment in financing receivables is aged as follows (in thousands):

December 31, 2013		31-60 Days Past Due		61-90 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Financing Receivables		Recorded Investment>90 Days and Accruing
Notes receivable	$	-	$	-	$	-	$	-	$	4,284	$	4,284	$	-
Finance leases		12		-		-		12		545		557		-
Total	$	12	$	-	$	-	$	12	$	4,829	$	4,841	$	-

December 31, 2012		31-60 Days Past Due		61-90 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Financing Receivables		Recorded Investment>90 Days and Accruing
Notes receivable	$	-	$	-	$	-	$	-	$	8,083	$	8,083	$	-
Finance leases		-		-		-		-		772		772		-
Total	$	-	$	-	$	-	$	-	$	8,855	$	8,855	$	-

As discussed in Note 4, the Company had no notes in non-accrual status as at both December 31, 2013 and 2012. As of December 31, 2012, the Company did, however, have a note receivable that was deemed impaired. Such impaired note was settled in the first quarter of 2013. See Note 4 for further discussion.

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Notes Receivable, Net

12 Months Ended

Dec. 31, 2013

Notes Receivable, Net [Abstract]

Notes Receivable, Net

4.  Notes receivable, net:

The Company has various notes receivable from borrowers who have financed the purchase of equipment through the Company.  As of December 31, 2013 the original terms of the notes are from 9 to 42 months with interest at rates ranging from 10.96% to 26.22% per annum. The notes are secured by the equipment financed and have maturity dates ranging from 2014 through 2016.  

No notes receivable were impaired or in non-accrual status as of December 31, 2013. By comparison, none of the notes receivable were in non-accrual status as of December 31, 2012. However, as of the same date, the Company had an impaired note which was deemed impaired during the second quarter of 2012. As such, the Fund recorded a $54 thousand fair value adjustment during the second quarter of 2012 to reduce the cost basis of the impaired note. As of December 31, 2012, the estimated impairment remained unchanged. As of the same date, the note reflected a principal balance and net investment balance outstanding of $171 thousand and $117 thousand, respectively.

Prior to the end of the third quarter of 2012, past due amounts associated with the impaired note were received bringing the note receivable outstanding current at September 30, 2012. The note was returned to accrual status effective October 1, 2012. The note was subsequently settled during the first quarter of 2013 prior to its scheduled maturity resulting in a gain of $54 thousand.

As of December 31, 2013, the minimum future payments receivable are as follows (in thousands):

Year ending December 31, 2014	$	2,803
2015		1,473
2016		487
		4,763
Less: portion representing unearned interest income		(479)
		4,284
Unamortized initial direct costs		15
Notes receivable, net	$	4,299

IDC amortization expense related to notes receivable and the Company’s operating and direct finance leases for the years ended December 31, 2013 and 2012 are as follows (in thousands):

		2013		2012
IDC amortization - notes receivable	$	33	$	21
IDC amortization - lease assets		114		112
Total	$	147	$	133

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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Significant Accounting Policies [Abstract]

Schedule of Differences Between Book Value and Tax Basis of Net Assets

The tax bases of the Company’s net assets and liabilities vary from the amounts presented in these financial statements at December 31, 2013 and 2012 as follows (in thousands):

		2013		2012
Financial statement basis of net assets	$	42,886	$	51,072
Tax basis of net assets (unaudited)		39,042		50,938
Difference	$	3,844	$	134

Reconciliation of Net Income Loss Reported in Financial Statements and Federal Tax Return

The following reconciles the net income (loss) reported in these financial statements to the loss reported on the Company’s federal tax return (unaudited) for the years ended December 31, 2013 and 2012 (in thousands):

		2013		2012
Net income (loss) per financial statements	$	41	$	(1,929)
Tax adjustments (unaudited):
Adjustment to depreciation expense		(3,786)		(6,227)
Provision for losses and doubtful accounts		15		(27)
Adjustments to revenues		363		303
Adjustments to gain on sales of assets		529		16
Other		(830)		109
Loss per federal tax return (unaudited)	$	(3,668)	$	(7,755)

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Guarantees

12 Months Ended

Dec. 31, 2013

Guarantees [Abstract]

Guarantees

12.  Guarantees:

The Company enters into contracts that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

The Managing Member knows of no facts or circumstances that would make the Company’s contractual commitments outside standard mutual covenants applicable to commercial transactions between businesses. Accordingly, the Company believes that these indemnification obligations are made in the ordinary course of business as part of standard commercial and industry practice, and that any potential liability under the Company’s similar commitments is remote. Should any such indemnification obligation become payable, the Company would separately record and/or disclose such liability in accordance with GAAP.

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Non-Recourse Debt

12 Months Ended

Dec. 31, 2013

Non-Recourse Debt [Abstract]

Non-Recourse Debt

8.  Non-recourse debt:

At December 31, 2013, non-recourse debt consists of notes payable to financial institutions. The notes  are due in monthly installments. Interest on the notes  is at fixed ratesranging from 1.37% to 4.40% per annum. The notes are secured by assignments of lease payments and pledges of assets. At December 31, 2013, gross operating lease rentals totaled approximately $26.9million over the remaining lease terms; and the carrying value of the pledged assets is $41.8 million. The notes mature at various dates from 2014 through 2019.

During the fourth quarter of 2013, the Company and its affiliate, ATEL 15, LLC, acquired a 100% interest in a marine vessel and related bareboat charter guaranteed by the lessee - one of the world's largest providers of products and services to the energy industry. The new lease asset was funded, in part, by utilizing $23.9 million of new non-recourse debt and $4.1 million of long-term debt. The Fund has a 50% interest in the new lease asset and accompanying charter and assumed 50% of the new debt. Accordingly, the Fund utilized $11.9 million of new non-recourse debt with a fixed-rate interest of 2.8% per annum and $2.1 million of long-term debt (see Note 9).

The non-recourse debt does not contain any material financial covenants. The debt is secured by a specific lien granted by the Company to the non-recourse lender on (and only on) the discounted lease transactions. The lender has recourse only to the following collateral: the leased equipment; the related lease chattel paper; the lease receivables; and proceeds of the foregoing items. The non-recourse obligation is payable solely out of the respective specific security and the Company does not guarantee (nor is the Company otherwise contractually responsible for) the payment of the non-recourse debt as a general obligation or liability of the Company. Although the Company does not have any direct or general liability in connection with the non-recourse debt apart from the security granted, the Company is directly and generally liable and responsible for certain representations, warranties, and covenants made to the lender, such as warranties as to genuineness of the transaction parties' signatures, as to the genuineness of the respective lease chattel paper or the transaction as a whole, or as to the Company's good title to or perfected interest in the secured collateral, as well as similar representations, warranties and covenants typically provided by non-recourse borrowers and customary in the equipment finance industry, and are viewed by such industry as being consistent with non-recourse discount financing obligations. Accordingly, as there are no financial covenants or ratios imposed on the Company in connection with the non-recourse debt, the Company has determined that there are no material covenants with respect to the non-recourse debt that warrant footnote disclosure.

Future minimum payments of non-recourse debt are as follows (in thousands):

		Principal		Interest		Total
Year ending December 31, 2014	$	7,938	$	541	$	8,479
2015		5,587		376		5,963
2016		4,027		263		4,290
2017		3,820		162		3,982
2018		3,175		71		3,246
Thereafter		996		8		1,004
	$	25,543	$	1,421	$	26,964

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Fair Value Measurements (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2012
Fair Value Measurements [Abstract]
Fair value adjustments which reduced the cost basis of impaired loans		$ 54	$ 54
Fair value of warrants	$ 784

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Investments in Equipment and Leases, Net

12 Months Ended

Dec. 31, 2013

Investments in Equipment and Leases, Net [Abstract]

Investments in Equipment and Leases, Net

6.  Investments in equipment and leases, net:

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

		Balance December 31, 2012		Reclassifications & Additions / Dispositions		Depreciation/ Amortization Expense or Amortization of Leases		Balance December 31, 2013
Net investment in operating leases	$	52,257	$	21,076	$	(10,569)	$	62,764
Net investment in direct financing leases		772		73		(288)		557
Initial direct costs, net of accumulated   amortization of $254 at December 31, 2013   and $185 at December 31, 2012		282		41		(114)		209
Total	$	53,311	$	21,190	$	(10,971)	$	63,530

Impairment of investments in leases:

Management periodically reviews the carrying values of its lease assets for impairment. Impairment losses are recorded as an adjustment to the net investment in operating leases. No impairment losses were recorded during 2013 and 2012.

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 $10.6million and $8.9 million for the years ended December 31, 2013 and 2012, respectively. Initial direct costs amortization expense related to the Company’s operating and direct financing leases totaled $114 thousand and $112 thousand for 2013 and 2012 respectively.

All of the Company’s leased property was acquired during the years from 2009 through 2013.  

Operating leases:

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

		Balance December 31, 2012		Additions		Reclassifications or Dispositions		Balance December 31, 2013
Transportation, rail	$	21,322	$	720	$	(109)	$	21,933
Marine vessel		-		19,410		-		19,410
Materials handling		11,602		690		(361)		11,931
Transportation		7,820		208		-		8,028
Manufacturing		12,283		1,462		(7,084)		6,661
Construction		5,558		-		-		5,558
Mining		4,830		-		(26)		4,804
Research		2,391		2,250		(1,184)		3,457
Agriculture		588		263		-		851
Office automation		-		322		-		322
Air support equipment		-		120		-		120
Other		113		13		-		126
		66,507		25,458		(8,764)		83,201
Less accumulated depreciation		(14,250)		(10,569)		4,382		(20,437)
Total	$	52,257	$	14,889	$	(4,382)	$	62,764

The average estimated residual value for assets on operating leases was 38%  of the assets’ original cost at bothDecember 31, 2013 and 2012. There were no operating leases in non-accrual status at both December 31, 2013 and 2012.

During the fourth quarter of 2013, the Company and its affiliate, ATEL 15, LLC, acquired a 100% interest in a marine vessel and related bareboat charter guaranteed by the lessee - one of the world's largest providers of products and services to the energy industry.  The new lease asset was funded, in part, by utilizing $23.9 million of new non-recourse debt and $4.1 million of long-term debt. The Fund has a 50% interest in the new lease asset and accompanying charter and assumed 50% of the new debt.

Direct financing leases:

As of December 31, 2013, investment in direct financing leases consists of various types of computer-related, research, materials handling and cleaning and maintenance equipment. As of December 31, 2012, investment in direct financing leases consists of various types of computer-related, research and materials handling equipment.  The components of the Company’s investment in direct financing leases as of December 31, 2013 and 2012are as follows (in thousands):

		2013		2012
Total minimum lease payments receivable	$	609	$	867
Estimated residual values of leased equipment (unguaranteed)		11		17
Investment in direct financing leases		620		884
Less unearned income		(63)		(112)
Net investment in direct financing leases	$	557	$	772

As of December 31, 2013 and 2012, there were no investments in direct financing leases in non-accrual status.

At December 31, 2013, the aggregate amounts of future minimum lease payments receivable are as follows (in thousands):

		Operating Leases		Direct Financing Leases		Total
Year ending December 31, 2014	$	12,684	$	348	$	13,032
2015		9,166		248		9,414
2016		5,443		13		5,456
2017		4,532		-		4,532
2018		3,541		-		3,541
Thereafter		1,004		-		1,004
	$	36,370	$	609	$	36,979

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Related Party Transactions

12 Months Ended

Dec. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions

7.  Related party transactions:

The terms of the Operating Agreement provide that the Managing Member 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 the Managing Member and/or affiliates for providing administrative services to the Company. Administrative services provided include Company accounting, investor relations, legal counsel and lease and equipment documentation. The Managing Member is not reimbursed for services whereby it is entitled to receive a separate fee as compensation for such services, such as management of investments.

Each of ATEL Financial Services, LLC (“AFS”) and ATEL Leasing Corporation (“ALC”) is a wholly-owned subsidiary of ATEL Capital Group, Inc. 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 and general administrative services are performed by AFS.

Cost reimbursements to the Managing Member or its affiliates 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.

The Managing Member and/or affiliates earned commissions and received cost reimbursements, pursuant to the Operating Agreement, during the years ended December 31, 2013 and 2012 as follows (in thousands):

		2013		2012
Administrative costs reimbursed to Managing Member and/or affiliates	$	1,390	$	1,246
Asset management fees to Managing Member		744		562
Acquisition and initial direct costs paid to Managing Member		852		1,402
Reimbursement of other syndication costs to Managing Member   and/or affiliates, deducted from Other Members capital		-		14
	$	2,986	$	3,224

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Long-Term Debt

12 Months Ended

Dec. 31, 2013

Long-Term Debt [Abstract]

Long-Term Debt

9. Long-term debt:

As of December 31, 2013, the $2.1 million of long-term debt consists of a note payable to a lender. Such debt was utilized to partially fund the marine vessel and related bareboat charter purchased by the Fund and its affiliate, ATEL 15, LLC (see Note 8). The note bears interest at a fixed-rate of 3.5% per annum, to accrue in arrears on a monthly basis. The full pro rata principal amount of $2.1 million plus all outstanding accrued and unpaid interest of approximately $400 thousand shall be paid in one payment of $2.5 million due on May 25, 2019.The note is recourse to the residual value of the vessel which is expected to be well in excess of the note amount. In addition, the lender has recourse to the Fund’s general assets up to $2.5 million. The note does not contain any material financial covenants and is guaranteed as a senior obligation of the Fund.

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Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Financial assets:
Cash and cash equivalents	$ 3,090	$ 9,438
Notes receivable, net	4,299	8,060
Investment in securities	293	33
Fair value of warrants	784
Financial liabilities:
Non-recourse debt	25,374	14,079
Long-term debt	2,056
Borrowings		4,220
Level 1 Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	3,090	9,438
Level 2 Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents
Notes receivable, net
Investment in securities
Fair value of warrants
Financial liabilities:
Non-recourse debt
Long-term debt
Borrowings
Level 3 Estimated Fair Value [Member]
Financial assets:
Notes receivable, net	4,299	8,060
Investment in securities	293	33
Fair value of warrants	784
Financial liabilities:
Non-recourse debt	25,374	14,079
Long-term debt	2,056
Borrowings		4,220
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	3,090	9,438
Notes receivable, net	4,299	8,060
Investment in securities	293	33
Fair value of warrants	784
Financial liabilities:
Non-recourse debt	25,543	14,057
Long-term debt	2,068
Borrowings		$ 4,220

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Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs Used) (Details) (Recurring [Member], Warrant [Member], Black-Scholes Model [Member], USD $)	12 Months Ended
	Dec. 31, 2013
Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Stock price	$ 0.04
Exercise price	$ 0.04
Time to maturity (in years)	2 years 7 months 13 days
Risk-free interest rate	0.61%
Annualized volatility	17.80%
Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Stock price	$ 1,000.00
Exercise price	$ 1,000.00
Time to maturity (in years)	9 years 5 months 16 days
Risk-free interest rate	2.94%
Annualized volatility	100.00%

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Summary of Significant Accounting Policies (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013 segment	Dec. 31, 2012	Jun. 30, 2013
Fair value of warrants	$ 784,000
Number of operating segments	1
Number of reportable segments	1
Investment in securities	293,000	33,000	260,000
Sales or dispositions of securities	0	0
Percentage of operating revenues	100.00%	100.00%
Gain on exercise of warrants	139,000	0
Provision for franchise fees and state taxes	61,000	91,000
Period subject to income tax examination	3 years
Minimum [Member]
U.S. Treasury instruments maturity period	90 days
Required assets value of financial institutions for cash deposits	10,000,000,000
Operating leases, initial terms	36 months
Operating leases, period for non-accrual status	90 days
Direct financing leases, period for non accrual status	90 days
Note receivable, period for non accrual status	90 days
Maximum [Member]
Cash deposits, insured amount	$ 250,000
Operating leases, initial terms	84 months
Equipment and lessee period of review for impairment	90 days
Direct financing leases, period of review for impairment	90 days
Note receivable, period of review for impairment	90 days

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Related Party Transactions (Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Related Party Transactions [Abstract]
Administrative costs reimbursed to Managing Member and/or affiliates	$ 1,390	$ 1,246
Asset management fees to Managing Member	744	562
Acquisition and initial direct costs paid to Managing Member	852	1,402
Reimbursement of other syndication costs to Managing Member and/or affiliates, deducted from Other Members capital		14
Related party transaction,total	$ 2,986	$ 3,224

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Fair Value Measurements

12 Months Ended

Dec. 31, 2013

Fair Value Measurements [Abstract]

Fair Value Measurements

14.  Fair value measurements:

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.

At December 31, 2013, only the Company’s warrants were measured on a recurring basis. As of the same date, there were no non-recurring fair value adjustments. No assets or liabilities required measurement at fair value on a recurring basis at December 31, 2012; however, the Company recorded non-recurring adjustments to reflect the fair value of an impaired note during 2012. Amounts at December 31, 2012 reflect the fair value of the then existing impaired assets.

The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. 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, notes receivable 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. 

Such fair value adjustments utilized the following methodology:

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, and a risk free interest rate for the term(s) of the warrant exercise(s). As of December 31, 2013, the calculated fair value of the Fund’s warrant portfolio approximated $784 thousand. Such valuation is classified within Level 3 of the valuation hierarchy. As of December 31, 2012, the Managing Member estimated the fair value of the warrants to be nominal in amount.

The following table reconciles the beginning and ending balances of the Company’s Level 3 recurring assets (in thousands):

		Level 3 assets
Balance at December 31, 2012	$	-
Unrealized gain on warrants, net recorded during the year		784
Balance at December 31, 2013	$	784

Impaired notes receivable

The fair value of the Company’s notes receivable, when impairment adjustments are required, is estimated using either third party appraisals or estimations of the value of collateral (for collateral dependent loans) or discounted cash flow analyses (by discounting estimated future cash flows) using the effective interest rate contained in the terms of the original loan. The Company had no fair value adjustments relative to impaired notes receivable during 2013.  

During 2012, the Company recorded a $54 thousand fair value adjustment to reduce the cost basis of an impaired note. The fair value adjustment was non-recurring and was based upon an estimated valuation of underlying collateral. Under the Fair Value Measurements Topic of the FASB Accounting Standards Codification, the fair value of the impaired notes receivable is classified within Level 3 of the valuation hierarchy. The valuation utilizes a market approach technique and uses inputs from third party appraisers that utilize current market transactions as adjusted for certain factors specific to the underlying collateral. The note was subsequently settled during the first quarter of 2013, prior to its scheduled maturity.  

The following table presents the fair value measurement of assets measured at fair value on a non-recurring basis and the level within the hierarchy in which the fair value measurements fall at  December 31, 2012 (in thousands):

		December 31, 2012		Level 1 Estimated Fair Value		Level 2 Estimated Fair Value		Level 3 Estimated Fair Value
Assets measured at fair value on a non-recurring basis:
Impaired notes receivable, net	$	117	$	-	$	-	$	117

The following table summarizes the valuation techniques and significant unobservable inputs used for the Company’s recurring fair value calculation categorized as Level 3 in the fair value hierarchy at December 31, 2013:

Name	Valuation Frequency	Valuation Technique	Unobservable Inputs	Range of Input Values
Warrants	Recurring	Black-Scholes Model	Stock price	$0.04 - $1,000.00
			Exercise price	$0.04 - $1,000.00
			Time to maturity (in years)	2.62 - 9.46
			Risk-free interest rate	0.61% - 2.94%
			Annualized volatility	17.80% - 100.00%

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 determines 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. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.

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.

Notes receivable

The fair value of the Company’s notes receivable is estimated using either third party appraisals of collateral or discounted cash flow analyses based upon current market rates for similar types of lending arrangements, with credit risk or estimated collateral liquidation adjustments for impaired loans as deemed necessary.

Investment in securities

The Company’s investment securities are not registered for public sale and are carried at cost which management believes approximates fair value, as appropriately adjusted for impairment.

Non-recourse and Long-term debt

The fair value of the Company’s non-recourse and long-term debt is estimated using discounted cash flow analyses, based upon current market borrowing rates for similar types of borrowing arrangements.

Borrowings

Borrowings include the outstanding amounts on the Company’s acquisition facility. The carrying amount of these variable rate obligations approximate fair value based on current borrowing rates for similar types of borrowings.

Commitments and Contingencies

Management has determined that no recognition for the fair value of the Company’s loan commitments is necessary because their terms are made on a market rate basis and require borrowers to be in compliance with the Company’s credit requirements at the time of funding.

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 incurredor 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 of the FASB Accounting Standards Codification at December 31, 2013 and 2012 (in thousands):

		Fair Value Measurements at December 31, 2013
		Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	3,090	$	3,090	$	-	$	-	$	3,090
Notes receivable, net		4,299		-		-		4,299		4,299
Investment in securities		293		-		-		293		293
Fair value of warrants		784		-		-		784		784
Financial liabilities:
Non-recourse debt		25,543		-		-		25,374		25,374
Long-term debt		2,068		-		-		2,056		2,056

		Fair Value Measurements at December 31, 2012
		Carrying Value		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	9,438	$	9,438	$	-	$	-	$	9,438
Notes receivable, net		8,060		-		-		8,060		8,060
Investment in securities		33		-		-		33		33
Financial liabilities:
Non-recourse debt		14,057		-		-		14,079		14,079
Borrowings		4,220		-		-		4,220		4,220

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Allowance for Credit Losses (Tables)

12 Months Ended

Dec. 31, 2013

Allowance for Credit Losses [Abstract]

Activity in Allowance for Doubtful Accounts

The Company’s allowance for credit losses are as follows (in thousands):

		Accounts Receivable Allowance for Doubtful Accounts						Valuation Adjustments on Financing Receivables				Total Allowance for Credit Losses
		Notes Receivable		Finance Leases		Operating Leases		Notes Receivable		Finance Leases
Balance December 31, 2011	$	-	$	-	$	27	$	-	$	-	$	27
(Reversal of) provision for credit losses		-		-		(27)		54		-		27
Balance December 31, 2012		-		-		-		54		-		54
Provision for credit losses		-		-		15		-		-		15
Asset disposal		-		-		-		(54)		-		(54)
Balance December 31, 2013	$	-	$	-	$	15	$	-	$	-	$	15

Recorded Investment in Financing Receivables

As of December 31, 2013 and 2012, the Company’s allowance for credit losses (related solely to financing receivables) and its recorded investment in financing receivables were as follows (in thousands):

December 31, 2013		Notes Receivable			Finance Leases			Total
Allowance for credit losses:
Ending balance	$	-		$	-		$	-
Ending balance: individually evaluated for impairment	$	-		$	-		$	-
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
Financing receivables:
Ending balance	$	4,299	1	$	558	2	$	4,857
Ending balance: individually evaluated for impairment	$	4,299		$	558		$	4,857
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
1Includes $15 of unamortized initial direct costs.
2Includes $1 of unamortized initial direct costs.
December 31, 2012		Notes Receivable			Finance Leases			Total
Allowance for credit losses:
Ending balance	$	54		$	-		$	54
Ending balance: individually evaluated for impairment	$	54		$	-		$	54
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
Financing receivables:
Ending balance	$	8,114	3	$	774	4	$	8,888
Ending balance: individually evaluated for impairment	$	8,114		$	774		$	8,888
Ending balance: collectively evaluated for impairment	$	-		$	-		$	-
Ending balance: loans acquired with deteriorated credit quality	$	-		$	-		$	-
3Includes $31 of unamortized initial direct costs.
4Includes $2 of unamortized initial direct costs.

Financing Receivables by Credit Quality Indicator and by Class

At December 31, 2013 and 2012, the Company’s financing receivables by credit quality indicator and by class of financing receivables are as follows (excludes initial direct costs) (in thousands):

		Notes Receivable				Finance Leases
		December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Pass	$	4,047	$	6,567	$	557	$	772
Special mention		237		1,516		-		-
Substandard		-		-		-		-
Doubtful		-		-		-		-
Total	$	4,284	$	8,083	$	557	$	772

Net Investment in Financing Receivables by Age

At December 31, 2013 and 2012, the investment in financing receivables is aged as follows (in thousands):

December 31, 2013		31-60 Days Past Due		61-90 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Financing Receivables		Recorded Investment>90 Days and Accruing
Notes receivable	$	-	$	-	$	-	$	-	$	4,284	$	4,284	$	-
Finance leases		12		-		-		12		545		557		-
Total	$	12	$	-	$	-	$	12	$	4,829	$	4,841	$	-

December 31, 2012		31-60 Days Past Due		61-90 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Financing Receivables		Recorded Investment>90 Days and Accruing
Notes receivable	$	-	$	-	$	-	$	-	$	8,083	$	8,083	$	-
Finance leases		-		-		-		-		772		772		-
Total	$	-	$	-	$	-	$	-	$	8,855	$	8,855	$	-

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Investments in Equipment and Leases, Net (Components of Company's Investment in Direct Financing Leases) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Investments in Equipment and Leases, Net [Abstract]
Total minimum lease payments receivable	$ 609	$ 867
Estimated residual values of leased equipment (unguaranteed)	11	17
Investment in direct financing leases	620	884
Less unearned income	(63)	(112)
Net investment in direct financing leases	$ 557	$ 772

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Allowance for Credit Losses (Narrative) (Details)	12 Months Ended
	Dec. 31, 2013
Minimum [Member]
Operating leases, period for non-accrual status	90 days
Accounts receivable, period for non-accrual status	90 days
Maximum [Member]
Accounts receivable, period for review of impairment	90 days

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Statements of Changes in Members' Capital (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Beginning Balance	$ 51,072	$ 61,235
Repurchase of Units	(65)	(50)
Syndication costs		(14)
Distributions to Other Members	(7,550)	(7,557)
Distributions to Managing Member	(612)	(613)
Net (loss) income	41	(1,929)
Ending Balance	42,886	51,072
Other Members [Member]
Beginning Balance (in units)	8,395,515	8,402,515
Beginning Balance	51,072	61,235
Repurchase of units (in units)	(9,500)	(7,000)
Repurchase of Units	(65)	(50)
Syndication costs		(14)
Distributions to Other Members	(7,550)	(7,557)
Net (loss) income	(571)	(2,542)
Ending Balance (in units)	8,386,015	8,395,515
Ending Balance	42,886	51,072
Managing Member [Member]
Distributions to Managing Member	(612)	(613)
Net (loss) income	$ 612	$ 613

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Concentration of Credit Risk and Major Customers

12 Months Ended

Dec. 31, 2013

Concentration of Credit Risk and Major Customers [Abstract]

Concentration of Credit Risk and Major Customers

3.  Concentration of credit risk and major customers:

The Company leases equipment to lessees and provides debt financing to borrowers in diversified industries. Leases and notes receivable are subject to the Managing Member’s credit committee review. The leases and notes receivable provide for the return of the equipment to the Company upon default.

As of December 31, 2013 and 2012, there were concentrations (greater than or equal to 10% as a percentage of total equipment cost) of equipment leased to lessees and/or financed for borrowers in certain industries as follows:

	Percentage of Total Equipment Cost
Industry	2013	2012
Natural gas	27%	*
Manufacturing	26%	36%
Wholesale, nondurable goods	10%	11%
Agriculture	*	10%
*  Less than 10%

During 2013 and 2012, certain lessees and/or financial borrowers generated significant portions (defined as greater than or equal to 10%) of the Company’s total leasing and lending revenues, excluding gains or losses on disposition of assets, as follows:

		Percentage of Total Leasing and Lending Revenues
Lessee	Type of Equipment	2013	2012
Cummins	Materials handling	13%	16%
IBM Corporation	Research	12%	20%

These percentages are not expected to be comparable in future periods due to anticipated changes in the mix of investments and/or lessees as a result of normal business activities.

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Members' Capital (Narrative) (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Other Members Capital Account [Line Items]
Other Members capital account, units issued	8,386,015	8,395,515
Other Members capital account, units outstanding	8,386,015	8,395,515
Other Members capital account, units authorized	15,000,000	15,000,000
Potential repurchase price of Units as percentage of holder's capital account	100.00%
Allocation of net income or net losses	100.00%
Other Members [Member]
Other Members Capital Account [Line Items]
Operating company net income loss allocation percentage from commencement until initial closing date	1.00%
Operating company net income loss allocation percentage commencing with initial closing date	92.50%
Percentage of fund distribution	92.50%
Managing Member [Member]
Other Members Capital Account [Line Items]
Other Members capital account, units outstanding	50	50
Operating company net income loss allocation percentage from commencement until initial closing date	99.00%
Operating company net income loss allocation percentage commencing with initial closing date	7.50%
Percentage of fund distribution	7.50%

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Investments in Equipment and Leases, Net (Tables)

12 Months Ended

Dec. 31, 2013

Investments in Equipment and Leases, Net [Abstract]

Investment in Leases

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

		Balance December 31, 2012		Reclassifications & Additions / Dispositions		Depreciation/ Amortization Expense or Amortization of Leases		Balance December 31, 2013
Net investment in operating leases	$	52,257	$	21,076	$	(10,569)	$	62,764
Net investment in direct financing leases		772		73		(288)		557
Initial direct costs, net of accumulated   amortization of $254 at December 31, 2013   and $185 at December 31, 2012		282		41		(114)		209
Total	$	53,311	$	21,190	$	(10,971)	$	63,530

Property on Operating Leases

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

		Balance December 31, 2012		Additions		Reclassifications or Dispositions		Balance December 31, 2013
Transportation, rail	$	21,322	$	720	$	(109)	$	21,933
Marine vessel		-		19,410		-		19,410
Materials handling		11,602		690		(361)		11,931
Transportation		7,820		208		-		8,028
Manufacturing		12,283		1,462		(7,084)		6,661
Construction		5,558		-		-		5,558
Mining		4,830		-		(26)		4,804
Research		2,391		2,250		(1,184)		3,457
Agriculture		588		263		-		851
Office automation		-		322		-		322
Air support equipment		-		120		-		120
Other		113		13		-		126
		66,507		25,458		(8,764)		83,201
Less accumulated depreciation		(14,250)		(10,569)		4,382		(20,437)
Total	$	52,257	$	14,889	$	(4,382)	$	62,764

Components of Company's Investment in Direct Financing Leases

The components of the Company’s investment in direct financing leases as of December 31, 2013 and 2012are as follows (in thousands):

		2013		2012
Total minimum lease payments receivable	$	609	$	867
Estimated residual values of leased equipment (unguaranteed)		11		17
Investment in direct financing leases		620		884
Less unearned income		(63)		(112)
Net investment in direct financing leases	$	557	$	772

Future Minimum Lease Payments Receivable

At December 31, 2013, the aggregate amounts of future minimum lease payments receivable are as follows (in thousands):

		Operating Leases		Direct Financing Leases		Total
Year ending December 31, 2014	$	12,684	$	348	$	13,032
2015		9,166		248		9,414
2016		5,443		13		5,456
2017		4,532		-		4,532
2018		3,541		-		3,541
Thereafter		1,004		-		1,004
	$	36,370	$	609	$	36,979

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Notes Receivable, Net (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
Fair value adjustments which reduced the cost basis of impaired loans			$ 54	$ 54
Gain on early settlement of note	54
Principal balance outstanding			171
Net investment balance outstanding		$ 0	$ 117
Minimum [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Terms of the notes receivable		9 months
Notes receivable, interest rate		10.96%
Notes maturity period		2014
Maximum [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Terms of the notes receivable		42 months
Notes receivable, interest rate		26.22%
Notes maturity period		2016

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Members' Capital

12 Months Ended

Dec. 31, 2013

Members' Capital [Abstract]

Members' Capital

13.  Members’ capital:

A total of 8,386,015 and 8,395,515 Units were issued and outstanding as of December 31, 2013 and 2012,  respectively, including the 50 Units issued to the initial Member (Managing Member). The Fund was authorized to issue up to 15,000,000total Units.

The Company has the right, exercisable at the Managing Member’s discretion, but not the obligation, to repurchase Units of a Unitholder who ceases to be a U.S. Citizen, for a price equal to 100% of the holder’s capital account. The Company is otherwise permitted, but not required, to repurchase Units upon a holder’s request. The repurchase of Fund units is made in accordance with Section 13 of the Amended and Restated Limited Liability Company Operating Agreement. The repurchase would be at the discretion of the Managing Member on terms it determines to be appropriate under given circumstances, in the event that the Managing Member deems such repurchase to be in the best interest of the Company; provided,the Company is never required to repurchase any Units. Upon the repurchase of any Units by the Fund, the tendered Units are cancelled. Units repurchased in prior periods were repurchased at amounts representing the original investment less cumulative distributions made to the Unitholder with respect to the Units. All Units repurchased during a quarter are deemed to be repurchased effective the last day of the preceding quarter, and are not deemed to be outstanding during, or entitled to allocations of net income, net loss or distributions for the quarter in which such repurchase occurs.

The Fund’s net income or net losses are to be allocated 100% to the Members. From the commencement of the Fund until the initial closing date, net income and net loss were allocated 99% to the Managing Member and 1% to the initial Other Members. Commencing with the initial closing date, net income and net loss are to be allocated 92.5% to the Other Members and 7.5% to the Managing Member.

Fund distributions are to be allocated 7.5% to the Managing Member and 92.5% to the Other Members. Distributions to the Other Members for the years ended December 31, 2013 and 2012 were as follows (in thousands except Units and per Unit data):

		2013		2012
Distributions declared	$	7,550	$	7,557
Weighted average number of Units outstanding		8,391,064		8,397,810
Weighted average distributions per Unit	$	0.90	$	0.90

Cash distributions were based on current and anticipated gross revenues from the leases and loans acquired. During the Fund's acquisition and operating stages, the Fund may incur short term borrowing to fund regular distributions of such gross revenues to be generated by newly acquired transactions during their respective initial fixed terms. As such, all Fund periodic cash distributions made during these stages have been, and are expected in the future to be, based on the Fund's actual and anticipated gross revenues to be generated from the binding initial terms of the leases and loans acquired.