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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Segment Reporting Information, by Segment

. For the Year Ended December 31, 2016



	Year ended December 31, 2016
	Equipment Leasing								Infrastructure
	Aviation Leasing		Offshore Energy			Shipping Containers			Jefferson Terminal			Railroad		Corporate			Total
Revenues
Equipment leasing revenues	$	95,408	$	5,328		$	1,213		$	—		$	—	$	—		$	101,949
Infrastructure revenues	—		—			—			15,902			30,837		32			46,771
Total revenues	95,408		5,328			1,213			15,902			30,837		32			148,720

Expenses
Operating expenses	4,609		11,014			43			21,886			27,975		642			66,169
General and administrative	—		—			—			—			—		12,314			12,314
Acquisition and transaction expenses	80		—			—			400			—		5,836			6,316
Management fees and incentive allocation to affiliate	—		—			—			—			—		16,742			16,742
Depreciation and amortization	36,369		6,411			—			15,500			1,926		4			60,210
Interest expense	—		3,747			410			13,501			754		545			18,957
Total expenses	41,058		21,172			453			51,287			30,655		36,083			180,708

Other income (expense)
Equity in losses of unconsolidated entities	—		—			(5,974		)	(18		)	—		—			(5,992		)
Gain on sale of equipment and finance leases, net	5,214		—			304			—			423		—			5,941
Loss on extinguishment of debt	—		—			—			(1,579		)	—		—			(1,579		)
Asset impairment	—		(7,450		)	—			—			—		—			(7,450		)
Interest income (expense)	142		13			—			(19		)	—		—			136
Other (expense) income	—		—			—			602			—		—			602
Total other income (expense)	5,356		(7,437		)	(5,670		)	(1,014		)	423		—			(8,342		)
Income (loss) before income taxes	59,706		(23,281		)	(4,910		)	(36,399		)	605		(36,051		)	(40,330		)
Provision (benefit) for income taxes	267		—			(86		)	74			—		13			268
Net income (loss)	59,439		(23,281		)	(4,824		)	(36,473		)	605		(36,064		)	(40,598		)
Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	435		(4,368		)	—			(16,456		)	23		(168		)	(20,534		)
Net income (loss) attributable to shareholders	$	59,004	$	(18,913	)	$	(4,824	)	$	(20,017	)	$	582	$	(35,896	)	$	(20,064	)

II. For the Year Ended December 31, 2015



	Year Ended December 31, 2015
	Equipment Leasing							Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers			Jefferson Terminal			Railroad			Corporate			Total
Revenues
Equipment leasing revenues	$	61,330	$	24,231	$	7,182		$	—		$	—		$	—		$	92,743
Infrastructure revenues	—		—		—			18,275			25,550			—			43,825
Total revenues	61,330		24,231		7,182			18,275			25,550			—			136,568

Expenses
Operating expenses	2,820		4,650		350			33,154			27,819			—			68,793
General and administrative	—		—		—			—			—			7,568			7,568
Acquisition and transaction expenses	—		—		—			—			—			5,683			5,683
Management fees and incentive allocation to affiliate	—		—		—			—			—			15,018			15,018
Depreciation and amortization	23,549		5,967		—			13,897			1,895			—			45,308
Interest expense	—		3,794		2,393			12,546			578			—			19,311
Total expenses	26,369		14,411		2,743			59,597			30,292			28,269			161,681

Other income (expense)
Equity in losses of unconsolidated entities	—		—		(6,956		)	—			—			—			(6,956		)
Gain (loss) on sale of equipment and finance leases, net	3,053		—		—			(199		)	565			—			3,419
Loss on extinguishment of debt	—		—		—			—			—			—			—
Asset impairment	—		—		—			—			—			—			—
Interest income (expense)	11		483		—			85			—			—			579
Other (expense) income	—		—		(14		)	40			—			—			26
Total other income (expense)	3,064		483		(6,970		)	(74		)	565			—			(2,932		)
Income (loss) before income taxes	38,025		10,303		(2,531		)	(41,396		)	(4,177		)	(28,269		)	(28,045		)
Provision (benefit) for income taxes	668		—		(127		)	41			—			4			586
Net income (loss)	37,357		10,303		(2,404		)	(41,437		)	(4,177		)	(28,273		)	(28,631		)
Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	21		676		—			(17,376		)	(121		)	(5		)	(16,805		)
Net income (loss) attributable to shareholders	$	37,336	$	9,627	$	(2,404	)	$	(24,061	)	$	(4,056	)	$	(28,268	)	$	(11,826	)

Reconciliation of Operating Profit (Loss) from Segments to Consolidated



	Year Ended December 31, 2014
	Equipment Leasing							Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers			Jefferson Terminal			Railroad			Corporate			Total
Revenues
Equipment leasing revenues	$	20,958	$	14,630	$	8,396		$	—		$	—		$	—		$	43,984
Infrastructure revenues	—		—		—			3,977			9,969			—			13,946
Total revenues	20,958		14,630		8,396			3,977			9,969			—			57,930

Expenses
Operating expenses	1,713		1,054		257			9,095			15,104			—			27,223
General and administrative	—		—		—			—			—			2,007			2,007
Acquisition and transaction expenses	—		—		—			5,494			5,646			310			11,450
Management fees and incentive allocation to affiliate	—		—		—			—			—			5,463			5,463
Depreciation and amortization	9,445		2,801		—			2,763			989			—			15,998
Interest expense	—		1,248		2,840			1,552			187			45			5,872
Total expenses	11,158		5,103		3,097			18,904			21,926			7,825			68,013

Other income (expense)
Equity in earnings of unconsolidated entities	—		—		6,093			—			—			—			6,093
Gain on sale of equipment and finance leases, net	7,576		—		—			—			—			—			7,576
Loss on extinguishment of debt	—		—		—			—			—			—			—
Asset impairment	—		—		—			—			—			—			—
Interest income	26		160		—			—			—			—			186
Other (expense) income	—		—		(26		)	46			—			—			20
Total other income (expense)	7,602		160		6,067			46			—			—			13,875
Income (loss) before income taxes	17,402		9,687		11,366			(14,881		)	(11,957		)	(7,825		)	3,792
Provision (benefit) for income taxes	490		—		100			284			—			—			874
Net income (loss)	16,912		9,687		11,266			(15,165		)	(11,957		)	(7,825		)	2,918
Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	—		704		—			(5,566		)	—			—			(4,862		)
Net income (loss) attributable to shareholders	$	16,912	$	8,983	$	11,266		$	(9,599	)	$	(11,957	)	$	(7,825	)	$	7,780

The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders:



	Year ended December 31, 2016
	Equipment Leasing								Infrastructure
	Aviation Leasing		Offshore Energy			Shipping Containers			Jefferson Terminal			Railroad		Corporate			Total
Adjusted Net Income (Loss)	$	58,768	$	(15,188	)	$	(1,838	)	$	(21,249	)	$	941	$	(30,066	)	$	(8,632	)
Add: Non-controlling share of adjustments to Adjusted Net Income																	2,945
Add: Equity in losses of unconsolidated entities																	(5,992		)
Add: Cash payments for income taxes																	654
Less: Incentive allocations																	—
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities																	2,905
Less: Asset impairment charges																	(7,450		)
Less: Changes in fair value of non-hedge derivative instruments																	(3		)
Less: Losses on the modification or extinguishment of debt and capital lease obligations																	(1,579		)
Less: Acquisition and transaction expenses																	(6,316		)
Less: Equity-based compensation income																	3,672
Less: Provision for income taxes																	(268		)
Net loss attributable to shareholders																	$	(20,064	)

The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders:



	Year Ended December 31, 2015
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal			Railroad			Corporate			Total
Adjusted Net Income (Loss)	$	37,777	$	9,627	$	7,991	$	(22,153	)	$	(2,898	)	$	(22,557	)	$	7,787
Add: Non-controlling share of adjustments to Adjusted Net Income																1,333
Add: Equity in losses of unconsolidated entities																(6,956		)
Add: Cash payments for income taxes																507
Less: Incentive allocations																—
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities																(3,552		)
Less: Asset impairment charges																—
Less: Changes in fair value of non-hedge derivative instruments																(14		)
Less: Losses on the modification or extinguishment of debt and capital lease obligations																—
Less: Acquisition and transaction expenses																(5,683		)
Less: Equity-based compensation expense																(4,662		)
Less: Provision for income taxes																(586		)
Net loss attributable to shareholders																$	(11,826	)

The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders:



	Year Ended December 31, 2014
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal			Railroad			Corporate			Total
Adjusted Net Income (Loss)	$	17,136	$	8,976	$	11,453	$	(3,209	)	$	(6,183	)	$	(7,516	)	$	20,657
Add: Non-controlling share of adjustments to Adjusted Net Income																525
Add: Equity in earnings of unconsolidated entities																6,093
Add: Cash payments for income taxes																274
Less: Incentive allocations																—
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities																(6,155		)
Less: Asset impairment charges																—
Less: Changes in fair value of non-hedge derivative instruments																(25		)
Less: Losses on the modification or extinguishment of debt and capital lease obligations																—
Less: Acquisition and transaction expenses																(11,450		)
Less: Equity-based compensation expense																(1,265		)
Less: Provision for income taxes																(874		)
Net loss attributable to shareholders																$	7,780

Revenue from External Customers by Geographic Areas

Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows:



	Year Ended December 31, 2015
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Revenues
Africa	$	10,969	$	—	$	—	$	—	$	—	$	—	$	10,969
Asia	27,168		7,483		5,309		—		—		—		39,960
Europe	20,008		15,071		—		—		—		—		35,079
North America	2,304		1,677		1,873		18,275		25,550		—		49,679
South America	881		—		—		—		—		—		881
Total revenues	$	61,330	$	24,231	$	7,182	$	18,275	$	25,550	$	—	$	136,568

Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows:



	Year Ended December 31, 2014
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Revenues
Africa	$	7,818	$	—	$	—	$	—	$	—	$	—	$	7,818
Asia	3,246		7,483		6,024		—		—		—		16,753
Europe	8,240		5,432		—		—		—		—		13,672
North America	1,561		1,715		2,372		3,977		9,969		—		19,594
South America	93		—		—		—		—		—		93
Total revenues	$	20,958	$	14,630	$	8,396	$	3,977	$	9,969	$	—	$	57,930

Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows:



	Year ended December 31, 2016
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Revenues
Africa	$	12,344	$	—	$	—	$	—	$	—	$	—	$	12,344
Asia	42,999		3,470		885		—		—		—		47,354
Europe	30,508		248		—		—		—		—		30,756
North America	8,184		1,610		328		15,902		30,837		32		56,893
South America	1,373		—		—		—		—		—		1,373
Total revenues	$	95,408	$	5,328	$	1,213	$	15,902	$	30,837	$	32	$	148,720

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated



	December 31, 2015
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Total assets	$	443,532	$	213,946	$	85,917	$	483,346	$	33,936	$	384,128	$	1,644,805

Debt, net	—		68,675		45,779		142,835		8,932		—		266,221

Total liabilities	50,873		74,228		45,903		159,570		19,463		4,082		354,119

Non-controlling interests in equity of consolidated subsidiaries	899		7,692		—		113,514		1,714		584		124,403

Total equity	392,659		139,718		40,014		323,776		14,473		380,046		1,290,686

Total liabilities and equity	$	443,532	$	213,946	$	85,917	$	483,346	$	33,936	$	384,128	$	1,644,805



	December 31, 2015
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Property, plant and equipment and leasing equipment, net
Africa	$	56,927	$	—	$	—	$	—	$	—	$	—	$	56,927
Asia	189,364		39,138		—		—		—		—		228,502
Europe	130,632		135,442		—		—		—		—		266,074
North America	37,950		—		—		317,766		24,692		—		380,408
South America	4,448		—		—		—		—		—		4,448
Total property, plant and equipment and leasing equipment, net	$	419,321	$	174,580	$	—	$	317,766	$	24,692	$	—	$	936,359

The following tables sets forth summarized balance sheet information and the geographic location of property, plant and equipment and leasing equipment, net as of December 31, 2016 and December 31, 2015:



	December 31, 2016
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Total assets	$	625,680	$	220,544	$	4,333	$	534,638	$	40,428	$	121,689	$	1,547,312

Debt, net	—		62,655		—		184,702		12,155		—		259,512

Total liabilities	74,989		66,002		—		205,536		24,971		10,134		381,632

Non-controlling interests in equity of consolidated subsidiaries	1,334		3,325		—		104,087		2,114		1,008		111,868

Total equity	550,691		154,542		4,333		329,102		15,457		111,555		1,165,680

Total liabilities and equity	$	625,680	$	220,544	$	4,333	$	534,638	$	40,428	$	121,689	$	1,547,312

Long-lived Assets by Geographic Areas



	December 31, 2016
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Property, plant and equipment and leasing equipment, net
Africa	$	51,136	$	—	$	—	$	—	$	—	$	—	$	51,136
Asia	212,635		169,499		—		—		—		—		382,134
Europe	225,934		—		—		—		—		—		225,934
North America	56,456		—		—		319,503		29,866		44,486		450,311
South America	8,121		—		—		—		—		—		8,121
Total property, plant and equipment and leasing equipment, net	$	554,282	$	169,499	$	—	$	319,503	$	29,866	$	44,486	$	1,117,636



	December 31, 2015
	Equipment Leasing						Infrastructure
	Aviation Leasing		Offshore Energy		Shipping Containers		Jefferson Terminal		Railroad		Corporate		Total
Property, plant and equipment and leasing equipment, net
Africa	$	56,927	$	—	$	—	$	—	$	—	$	—	$	56,927
Asia	189,364		39,138		—		—		—		—		228,502
Europe	130,632		135,442		—		—		—		—		266,074
North America	37,950		—		—		317,766		24,692		—		380,408
South America	4,448		—		—		—		—		—		4,448
Total property, plant and equipment and leasing equipment, net	$	419,321	$	174,580	$	—	$	317,766	$	24,692	$	—	$	936,359