INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets and Liabilities Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets and Liabilities

The Company’s intangible assets and liabilities, net are summarized as follows:

	December 31, 2015
	Aviation Leasing			Jefferson Terminal			Railroad			Total
Intangible assets:
Acquired favorable lease intangibles	$	22,881		$	—		$	—		$	22,881
Accumulated amortization	(9,697		)	—			—			(9,697		)
Total acquired favorable lease intangibles, net	13,184			—			—			13,184
Customer relationships	—			35,513			225			35,738
Accumulated amortization	—			(4,718		)	(75		)	(4,793		)
Total acquired customer relationships, net	—			30,795			150			30,945
Total intangible assets, net	$	13,184		$	30,795		$	150		$	44,129
Intangible liabilities:
Acquired unfavorable lease intangibles	$	1,171		$	—		$	—		$	1,171
Accumulated amortization	(151		)	—			—			(151		)
Total acquired unfavorable lease intangibles, net	$	1,020		$	—		$	—		$	1,020

	December 31, 2014
	Aviation Leasing			Jefferson Terminal			Railroad			Total
Intangible assets:
Acquired favorable lease intangibles	$	20,435		$	—		$	—		$	20,435
Accumulated amortization	(2,796		)	—			—			(2,796		)
Total acquired favorable lease intangibles, net	17,639			—			—			17,639
Customer relationships	—			35,513			225			35,738
Accumulated amortization	—			(1,180		)	(28		)	(1,208		)
Total acquired customer relationships, net	—			34,333			197			34,530
Total intangible assets, net	$	17,639		$	34,333		$	197		$	52,169
Intangible liabilities:
Acquired unfavorable lease intangibles	$	261		$	—		$	—		$	261
Accumulated amortization	(24		)	—			—			(24		)
Total acquired unfavorable lease intangibles, net	$	237		$	—		$	—		$	237

Schedule of Below Market Leases

The Company’s intangible assets and liabilities, net are summarized as follows:

	December 31, 2015
	Aviation Leasing			Jefferson Terminal			Railroad			Total
Intangible assets:
Acquired favorable lease intangibles	$	22,881		$	—		$	—		$	22,881
Accumulated amortization	(9,697		)	—			—			(9,697		)
Total acquired favorable lease intangibles, net	13,184			—			—			13,184
Customer relationships	—			35,513			225			35,738
Accumulated amortization	—			(4,718		)	(75		)	(4,793		)
Total acquired customer relationships, net	—			30,795			150			30,945
Total intangible assets, net	$	13,184		$	30,795		$	150		$	44,129
Intangible liabilities:
Acquired unfavorable lease intangibles	$	1,171		$	—		$	—		$	1,171
Accumulated amortization	(151		)	—			—			(151		)
Total acquired unfavorable lease intangibles, net	$	1,020		$	—		$	—		$	1,020

	December 31, 2014
	Aviation Leasing			Jefferson Terminal			Railroad			Total
Intangible assets:
Acquired favorable lease intangibles	$	20,435		$	—		$	—		$	20,435
Accumulated amortization	(2,796		)	—			—			(2,796		)
Total acquired favorable lease intangibles, net	17,639			—			—			17,639
Customer relationships	—			35,513			225			35,738
Accumulated amortization	—			(1,180		)	(28		)	(1,208		)
Total acquired customer relationships, net	—			34,333			197			34,530
Total intangible assets, net	$	17,639		$	34,333		$	197		$	52,169
Intangible liabilities:
Acquired unfavorable lease intangibles	$	261		$	—		$	—		$	261
Accumulated amortization	(24		)	—			—			(24		)
Total acquired unfavorable lease intangibles, net	$	237		$	—		$	—		$	237

Schedule of Intangible Liabilities

Intangible liabilities relate to unfavorable lease intangibles and are included as a component of other liabilities in the accompanying Consolidated Balance Sheets. Amortization of intangible assets and liabilities is recorded in the Consolidated Statements of Operations as follows:

	Year Ended December 31,						Classification in Consolidated Statements of Operations
	2015		2014		2013
Lease intangibles	$	6,774	$	2,694	$	—	Equipment leasing revenues
Customer relationships	3,585		1,208		—		Depreciation and amortization
Total	$	10,359	$	3,902	$	—

Schedule of Net Annual Amortization of Intangibles

As of December 31, 2015, estimated net annual amortization of intangibles is as follows:

	Year Ending December 31,
2016	$	9,273
2017	6,757
2018	5,941
2019	4,530
2020	3,580
Thereafter	13,028
Total	$	43,109