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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Total revenues $ 41,726,000 $ 35,233,000 $ 106,374,000 $ 102,770,000
Expenses        
Operating expenses 17,028,000 17,879,000 48,937,000 50,198,000
General and administrative 3,205,000 2,568,000 9,154,000 4,905,000
Acquisition and transaction expenses 1,688,000 2,206,000 4,622,000 4,172,000
Management fees and incentive allocation to affiliate 4,146,000 4,606,000 12,725,000 10,505,000
Depreciation and amortization 15,376,000 11,548,000 43,294,000 32,875,000
Interest expense 5,416,000 4,668,000 15,839,000 14,240,000
Total expenses 46,859,000 43,475,000 134,571,000 116,895,000
Other income (expense)        
Equity in losses of unconsolidated entities (1,161,000) (9,584,000) (1,335,000) (7,118,000)
Gain on sale of equipment and finance leases, net 40,000 1,746,000 3,307,000 2,037,000
Loss on extinguishment of debt 0 0 (1,579,000) 0
Asset impairment 0 0 (7,450,000) 0
Interest income 206,000 159,000 87,000 462,000
Other income 485,000 15,000 583,000 6,000
Total other expense (430,000) (7,664,000) (6,387,000) (4,613,000)
Loss before income taxes (5,563,000) (15,906,000) (34,584,000) (18,738,000)
Provision for income taxes 83,000 150,000 195,000 646,000
Net loss (5,646,000) (16,056,000) (34,779,000) (19,384,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries (4,370,000) (4,318,000) (16,528,000) (12,257,000)
Net loss attributable to shareholders $ (1,276,000) $ (11,738,000) $ (18,251,000) $ (7,127,000)
Basic and Diluted Loss per Share        
Basic and Diluted (in dollars per share) $ (0.02) $ (0.16) $ (0.24) $ (0.11)
Weighted Average Shares Outstanding - Basic (in shares) 75,746,200 75,718,183 75,734,587 64,114,734
Weighted Average Shares Outstanding - Diluted (in shares) 75,746,200 75,718,183 75,734,587 64,114,734
Equipment Leasing        
Revenues        
Total revenues $ 30,054,000 $ 24,360,000 $ 71,980,000 $ 70,031,000
Infrastructure        
Revenues        
Total revenues $ 11,672,000 $ 10,873,000 $ 34,394,000 $ 32,739,000