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Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Entity Registrant Name	ATEL 17, LLC
Entity Central Index Key	0001640982
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Units Outstanding		2,565,749

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Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 4,885	$ 7,092
Due from affiliates	156
Accounts receivable, net	46	66
Notes receivable, net	3,908	1,794
Warrants, fair value	249	62
Investments in equipment and leases, net	9,668	10,200
Prepaid expenses and other assets	42	12
Total assets	18,954	19,226
Accounts payable and accrued liabilities:
Managing Member		34
Affiliates	140	74
Accrued distributions to Other Members	228	217
Other	20	30
Non-recourse debt	1,350
Unearned operating lease income	73	164
Total liabilities	1,811	519
Commitments and contingencies
Members' capital:
Managing Member	1	1
Other Members	17,142	18,706
Total Members' capital	17,143	18,707
Total liabilities and Members' capital	$ 18,954	$ 19,226

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Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Leasing and lending activities:
Operating leases	$ 424	$ 373	$ 1,250	$ 949
Notes receivable interest income	166	39	469	126
Unrealized loss on fair value adjustment for warrants		(2)	(37)	(6)
Other	5	1	12	5
Total revenues	595	411	1,694	1,074
Expenses:
Depreciation of operating lease assets	304	259	912	660
Asset management fees to Managing Member	68	37	200	95
Acquisition expense	13	26	97	182
Cost reimbursements to Managing Member and/or affiliates	98	78	314	199
Provision for (reversal of) credit losses		12	(18)	21
Amortization of initial direct costs	21	16	58	42
Interest expense	6		6
Professional fees	36	21	91	83
Outside services	23	16	69	57
Taxes on income and franchise fees		3	(9)	3
Bank charges	30	24	88	25
Other	23	18	51	44
Total expenses	622	510	1,859	1,411
Net loss	(27)	(99)	(165)	(337)
Net loss:
Managing Member
Other Members	(27)	(99)	(165)	(337)
Net loss	$ (27)	$ (99)	$ (165)	$ (337)
Net loss per Limited Liability Company Unit (Other Members)	$ (0.01)	$ (0.04)	$ (0.06)	$ (0.18)
Weighted average number of Units outstanding	2,565,749	2,213,264	2,567,477	1,924,222

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Statements of Changes in Members' Capital - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Beginning Balance		$ 18,707	$ 11,696	$ 11,696
Capital contributions		340		10,740
Repurchases of Units		(151)
Syndication costs		(51)		(1,608)
Distributions to Other Members	$ (512)	(1,537)	(1,153)	(1,640)
Net loss	(27)	(165)	$ (337)	(481)
Ending Balance	$ 17,143	$ 17,143		$ 18,707
Other Members [Member]
Beginning Balance (in units)		2,551,749	1,475,864	1,475,864
Beginning Balance		$ 18,706	$ 11,695	$ 11,695
Capital contributions		$ 340		$ 10,740
Capital contributions (in Units)		34,000		1,075,885
Repurchases of Units (in units)		(20,000)
Repurchases of Units		$ (151)
Syndication costs		(51)		$ (1,608)
Distributions to Other Members		(1,537)		(1,640)
Net loss		$ (165)		$ (481)
Ending Balance (in units)	2,565,749	2,565,749		2,551,749
Ending Balance	$ 17,142	$ 17,142		$ 18,706
Managing Member [Member]
Beginning Balance		1	$ 1	1
Ending Balance	$ 1	$ 1		$ 1

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Statements of Changes in Members' Capital (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Statements of Changes in Members' Capital [Abstract]
Distributions to Other Members, per unit	$ 0.20	$ 0.20	$ 0.60	$ 0.60	$ 0.80

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Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Operating activities:
Net loss	$ (27)	$ (99)	$ (165)	$ (337)	$ (481)
Adjustment to reconcile net loss to net cash provided by operating activities:
Accretion of note discount - warrants	(22)	(5)	(48)	(14)
Depreciation of operating lease assets	304	259	912	660
Amortization of initial direct costs	21	16	58	42
Provision for (reversal of) credit losses		12	(18)	21
Unrealized loss on fair value adjustment for warrants		2	37	6
Changes in operating assets and liabilities:
Accounts receivable		(31)	38	5
Due from Managing Member and affiliates	(156)		(156)
Prepaid expenses and other assets	8	6	(30)	(15)
Accounts payable, Managing Member and affiliates	146	(90)	32	(16)
Accrued distributions to Other Members		(63)
Accounts payable, other	(1)	19	(10)	14
Unearned operating lease income	(48)	8	(91)	(40)
Net cash provided by operating activities	225	34	559	326
Investing activities:
Purchases of equipment on operating leases	(2)	(24)	(408)	(3,291)
Payments of initial direct costs	(5)	(32)	(38)	(113)
Note receivable and warrants advances	(300)		(3,552)
Principal payments received on notes receivable	466	111	1,270	357
Net cash provided by (used in) investing activities	159	55	(2,728)	(3,047)
Financing activities:
Borrowings under non-recourse debt	1,250		1,350
Syndication costs paid to Managing Member and affiliates		(478)	(51)	(1,397)
Distributions to Other Members	(512)	(354)	(1,526)	(1,064)
Capital contributions		3,197	340	9,324
Repurchase/Rescissions of Units			(151)
Net cash provided by (used in) financing activities	738	2,365	(38)	6,863
Net increase (decrease) in cash and cash equivalents	1,122	2,454	(2,207)	4,142
Cash at beginning of period	3,763	5,118	7,092	3,430	3,430
Cash at end of period	4,885	7,572	4,885	7,572	7,092
Supplemental Disclosure of Cash Flow Information [Abstract]
Cash paid during the period for taxes			1	1
Cash paid during the period for interest	3		3
Other Members [Member]
Operating activities:
Net loss			(165)		$ (481)
Schedule of non-cash investing and financing transactions:
Distributions payable to Members at year-end	$ 228	$ 206	$ 228	$ 206

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Organization and Limited Liability Company Matters

9 Months Ended

Sep. 30, 2018

Organization and Limited Liability Company Matters [Abstract]

Organization and Limited Liability Company Matters

1. Organization and Limited Liability Company matters:

ATEL 17, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on April 16, 2015 for the purpose of raising capital and originating equipment financing transactions 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 the “Manager”), a Nevada limited liability corporation.The Managing Member is controlled by ATEL Financial Services, LLC (“AFS”), a wholly-owned subsidiary of ATEL Capital Group (“ACG” or “ATEL”).  The Fund may continue until terminated as provided in the ATEL 17, LLC limited liability company operating agreement dated April 24, 2015 (the “Operating Agreement”). Contributions in the amount of $500 were received as of April 28, 2015, 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 offering of the Company was granted effectiveness by the Securities and Exchange Commissionas of January 5, 2016. The offering will continue until the earlier of a period of two years from that date or until sales of the limited liability company units(Units) to the public reach $150million.As of February 2, 2016, 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 initialoperations. Pennsylvania subscriptions are subject to a separate escrow and are released to the Fund only at such time as total subscription proceeds received by the Fund from all subscribers, including the escrowed Pennsylvania subscriptions, equal not less than $7.5 million in gross proceeds. Total contributions to the Fund exceeded $7.5 million on July 6, 2016. The offering was terminated on January 5, 2018.

As of September 30, 2018, cumulative gross contributions, less rescissions and repurchases (net of distributions paid and allocated syndication costs, as applicable) totaling $25.7million have been received, inclusive of the $500 initial member’s capital investment. Through the same date, a net total of $151 thousand of such contributions (representing 20,000 Units) have been rescinded or repurchased (net of distributions paid and allocated syndication costs) by the Company. As of September 30, 2018,a total of 2,565,749 Units were issued and outstanding.  

The Fund, or Managing Member on behalf of the Fund had incurred costs in connection with the organization, registration and issuance of the Units. The amount of such costs borne by the Fund was limited by certain provisions of the Operating Agreement.

The Company’s principal objectives are to invest in a diversified portfolio of investments that will generate a favorable overall return to investors and (i) preserve, protect and return the Fund’s invested capital; (ii) generate regular cash distributions to Unit holders during the Offering Stage and Operating Stage of the Fund, with any balance remaining after required minimum distributions, equal to not less than 8% nor more than 10% per annum on investors’ Original Invested Capital, to be used to purchase additional investments during the first six years after the year the offering terminates; and (iii) provide additional cash distributions during the Liquidating Stage, commencing with the end of the six year reinvestment period and continuing until all investment portfolio assets have been sold or otherwise disposed.

These unaudited interim financial statements should be read in conjunction with the financial statements and notes thereto contained in the report on Form 10-K for the year ended December 31, 2017, filed with the Securities and Exchange Commission.

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Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2018

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2. Summary of significant accounting policies:

Basis of presentation:

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results to be expected for the full year.

In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after September 30, 2018, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements, or adjustments thereto.

Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data.

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 determination of the allowance for doubtful accounts.

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 primary geographic region in which the Company seeks financing opportunities is North America. Currently, 100% of the Company’s operating revenues are from customers domiciled in the United States.

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 in non-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 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.

Investment in securities:

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

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. During the three and nine months ended September 30, 2018, the Company recorded unrealized losses of $0 and $37 thousand, respectively, on fair valuation of its warrants. By comparison, the Company recorded unrealized losses of $2 thousand and $6 thousand, on fair valuations of its warrants during the respective three and nine months ended September 30, 2017. As of September 30, 2018 and December 31, 2017, the estimated fair value of the Fund’s portfolio of warrants amounted to $249 thousand and $62 thousand, respectively. There have been no exercises of warrants, net or otherwise, during the three and nine months endedSeptember 30, 2018 and 2017.

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 non-interest bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250,000. The remainder of the Fund’s 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 receivable represent amounts due from various industries, related to equipment on operating leases.

Equipment on operating leases and related revenue recognition:

Equipment subject to operating leases is stated at cost. Depreciation is being 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. The Company depreciates all lease assets, in accordance with guidelines consistent with ASC 840-20-35-3, over the periods of the lease terms contained in each asset’s respective lease contract to the estimated residual value at the end of the lease contract. All lease assets are purchased only concurrent with the execution of a lease commitment by the lessee. Thus, the original depreciation period corresponds with the term of the original lease. Once the term of an original lease contract is completed, the subject property is typically sold to the existing user, re-leased to the existing user, or, when off-lease, is held for sale. Assets which are re-leased continue to be depreciated using the terms of the new lease agreements and the estimated residual values at the end of the new lease terms, adjusted downward as necessary. Assets classified as held-for-sale are carried at the lower of carrying amount, or the fair value less cost to sell (ASC 360-10-35-43).

The Company does not use the equipment held in its portfolio, but holds it solely for lease and ultimate sale. In the course of marketing equipment that has come off-lease, management may determine at some point that re-leasing the assets may provide a superior return for investors and would then execute another lease. Upon entering into a new lease contract, management will estimate the residual value once again and resume depreciation. If, and when, the Company, at any time, determines that depreciation in value may have occurred with respect to an asset held-for-sale, the Company would review the value to determine whether a material reduction in value had occurred and recognize any appropriate impairment. All lease assets, including off-lease assets, are subject to the Company’s quarterly impairment analysis, as described below. 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 120 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.

Initial direct costs:

The Company capitalizes initial direct costs (“IDC”) associated with the origination of lease assets. IDC includes both internal costs (e.g., the costs of employees’ activities in connection with successful lease originations) and external broker fees incurred with such originations. The costs are amortized on a lease by lease basis based on actual contract term using a straight-line method for operating leases. Upon disposal of the underlying lease assets, both the initial direct costs and the associated accumulated amortization are relieved. Costs related to leases 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.

Fair Value:

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

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

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

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

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

Per Unit data:

The Company issues only one class of Units, none of which are considered dilutive. Net loss and distributions per Unit are based upon the weighted average number of Other Members Units outstanding since commencement of its operations.

Emerging growth company:

Section 107 of the Jumpstart Our Business Startups Act (the “JOBS Act”) provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. However, we have chosen to “opt out” of such extended transition period and, as a result, we will comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for non-emerging growth companies. Section 107 of the JOBS Act provides that our decision to opt out of the extended transition period for complying with new or revised accounting standards is irrevocable.

Recent accounting pronouncements:

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

In August 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-15 — Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this Update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-15 did not have a material impact on its financial statements and disclosures.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016-13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018. Management is currently evaluating the standard and expects the Update may potentially result in an increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The new standard will require lessees to recognize lease assets and lease liabilities arising from operating leases with lease terms greater than 12 months in the statement of financial position. Lessor accounting per ASU 2016-02 is mostly unchanged from the previous lease accounting under GAAP. Certain changes were made to the lessor accounting guidance in order to align the lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. Similar to the previous guidance, lessors will classify leases as operating, direct financing, or sales-type. Lessors in operating leases will continue to recognize the underlying asset and recognize income on a straight-line basis. Lessors determine whether a lease is a sale of the underlying asset based on whether the lessee effectively obtains control of the underlying assets. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. While early adoption is permitted, the Company does not expect to elect that option. The Company expects to adopt the guidance in the first quarter 2019 using the modified retrospective method. Management is currently evaluating the impact of this standard on the financial statements and its operational and related disclosure requirements, including the impact on the Company’s current lease portfolio from a lessor perspective. As part of the adoption of the standard, the Company has selected and is in the process of implementing new lease accounting software. The Company is in the process of identifying and designing appropriate changes to its business processes, systems and controls to support the new standard. Given the limited changes to lessor accounting, Management does not expect material changes to recognition or measurement.

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

In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The new standard provides guidance related to accounting for equity investments and financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. ASU 2016-01, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (v) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements. ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-01 did not have a material impact on its financial statements and disclosures.

In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year and in August 2015, issued Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (“ASU 2015-14”). ASU 2015-14 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. This guidance was effective for the Company beginning on January 1, 2018. The adoption of ASU 2014-09 did not have a material impact on the Company’s financial statements and disclosures as the new revenue guideline does not affect revenue from leases and loans, which comprise the majority of the Company’s revenues.

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Notes Receivable, Net

9 Months Ended

Sep. 30, 2018

Notes Receivable, Net [Abstract]

Notes Receivable, Net

3. Notes receivable, net:

The Company has various notes receivables from borrowers who have financed the purchase of equipment through the Company. The original terms of the notes receivable arefrom 24 to 42 months and bear interest at rates ranging from11.6%to 16.49%per annum. The notes are secured by the equipment financed.  The notes mature from 2020 through 2022. There were neither impaired notes nor notes placed in non-accrual status as of September 30, 2018 and December 31, 2017.

As of September 30, 2018, the future minimum payments receivable are as follows (in thousands):

Three months ending December 31, 2018	$	601
Year ending December 31, 2019		2,376
2020		1,241
2021		493
2022		9
		4,720
Less: portion representing unearned interest income		(625)
		4,095
Less: warrants - notes receivable discount		(200)
Unamortized initial direct costs		13
Notes receivable, net	$	3,908

IDC (Initial Direct Cost) amortization expense related to notes receivable and operating leases for the three and nine months ended September 30, 2018 and 2017 are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
IDC amortization - notes receivable	$	4	$	1	$	9	$	2
IDC amortization - lease assets		17		15		49		40
Total	$	21	$	16	$	58	$	42

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Allowance for Credit Losses

9 Months Ended

Sep. 30, 2018

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses

4. Allowance for credit losses:

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

	Accounts Receivable Allowance for Doubtful Accounts
	Operating Leases
Balance December 31, 2017	$	18
Reversal of provision of credit loss		(18)
Balance September 30, 2018	$	-

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 September 30, 2018 and 2017, the Company’s investment in financing receivables by credit quality indicator and by class of financing receivables are as follows (excludes initial direct costs) (in thousands):

	Notes Receivable
	September 30, 2018		December 31, 2017
Pass	$	4,095	$	1,813
Special mention		-		-
Substandard		-		-
Doubtful		-		-
Total	$	4,095	$	1,813

At September 30, 2018 and December 31, 2017, investment in financing receivables is aged as follows (in thousands):

September 30, 2018	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	$	-	$	-	$	-	$	-	$	4,095	$	4,095	$	-

December 31, 2017	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	$	-	$	-	$	-	$	-	$	1,813	$	1,813	$	-

The Company had no financing receivables on non-accrual or impaired status at September 30, 2018 and December 31, 2017.

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Investments in Equipment and Leases, Net

9 Months Ended

Sep. 30, 2018

Investments in Equipment and Leases, Net [Abstract]

Investments in Equipment and Leases, Net

5.  Investment in equipment and leases, net:

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

		Balance				Depreciation/		Balance
	December 31,					Amortization		September 30,
		2017		Additions		Expense		2018
Net investment in operating leases		$	9,970	$	408	$	(912)	$	9,466
Initial direct costs, net of accumulated  amortization of $131 at September 30, 2018  and $82 at December 31, 2017			230		21		(49)		202
Total		$	10,200	$	429	$	(961)	$	9,668

Additions to net investment in operating lease assets are stated at cost. All of the Company’s leased property was acquired beginning in March 2016 through January 2018.

Impairment of investments in lease assets:

Recorded values of the Company’s leased asset portfolio are reviewed each quarter to confirm the reasonableness of established residual values and to determine whether there is indication that an asset impairment might have taken place. The Company uses a variety of sources and considers many factors in evaluating whether the respective book values of its assets are appropriate. In addition, the Company may direct a residual value review at any time if it becomes aware of issues regarding the ability of a lessee to continue to make payments on its lease contract. An impairment loss is measured and recognized only if the estimated undiscounted future cash flows of the asset are less than their net book value. The estimated undiscounted future cash flows are the sum of the residual value of the asset at the end of the asset’s lease contract and undiscounted future rents from the existing lease contract, if any. The residual value assumes, among other things, that the asset is utilized normally in an open, unrestricted and stable market. Short-term fluctuations in the marketplace are disregarded and it is assumed that there is no necessity either to dispose of a significant number of the assets, if held in quantity, simultaneously or to dispose of the asset quickly. Impairment is measured as the difference between the fair value (as determined by a valuation method using discounted estimated future cash flows, third party appraisals or comparable sales of similar assets as applicable based on asset type) of the asset and its carrying value on the measurement date. Upward adjustments for impairments recognized in prior periods are not made in any circumstances. As a result of these reviews, management determined that no impairment losses existed during the three andnine months ended September 30, 2018 and 2017.

The Company utilizes a straight-line depreciation method for equipment in all of the categories currently in its portfolio of operating lease transactions. Depreciation expense on the Company’s equipment totaled $304 thousand and $259 thousand for the respective three months ended September 30, 2018 and 2017, and $912 thousand and $660 thousand for the respective nine months ended September 30, 2018 and 2017.

IDC amortization expense related to the Company’s operating leases totaled $17 thousand and $15 thousand for therespective three months ended September 30, 2018 and 2017, and $49 thousand and $40 thousand for the respective nine months ended September 30, 2018 and 2017.

Operating leases:

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

	Balance						Balance
	December 31,				Reclassifications		September 30,
	2017		Additions		or Dispositions		2018
Transportation, rail	$	3,679	$	-	$	-	$	3,679
Mining		1,320		408		-		1,728
Construction		1,242		-		-		1,242
Paper processing		1,058		-		-		1,058
Marine vessels		1,041		-		-		1,041
Containers		860		-		-		860
Agriculture		742		-		-		742
Materials handling		711		-		-		711
Aviation		462		-		-		462
Transportation, other		97		-		-		97
		11,212		408		-		11,620
Less accumulated depreciation		(1,242)		(912)		-		(2,154)
Total	$	9,970	$	(504)	$	-	$	9,466

The average estimated residual value for assets on operating leases was 39%of the assets’ original cost at both September 30, 2018 and December 31, 2017.

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

		Operating Leases
Three months ending December 31, 2018	$	428
Year ending December 31, 2019		1,691
2020		1,509
2021		1,025
2022		811
2023		756
Thereafter		462
	$	6,682

The useful lives for each category of leases is reviewed at a minimum of once per quarter. As of September 30, 2018, the respective useful lives of each category of lease assets in the Company’s portfolio are as follows (in years):

Equipment category	Useful Life
Transportation, rail	35 - 40
Marine vessel	20 - 30
Containers	15 - 20
Aviation	15 - 20
Mining	10 - 15
Paper processing	10 - 15
Agriculture	7 - 10
Construction	7 - 10
Materials handling	7 - 10
Transportation	7 - 10

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Related Party Transactions

9 Months Ended

Sep. 30, 2018

Related Party Transactions [Abstract]

Related Party Transactions

6. 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 acquisition and asset management services and to receive reimbursements for payments made on behalf of the Fund for certain operating expenses, which are more fully described in Section 8 of the Operating Agreement.

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 equipment financing 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.

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 managed 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.

Each of ATEL Leasing Corporation (“ALC”) and AFS is a wholly-owned subsidiary of ATEL Capital Group and perform services for the Company on behalf of the Managing Member. Acquisition services, equipment management, lease administration and asset disposition services are performed by ALC; and investor relations, communications services and general administrative services are performed by AFS.

During its offering period, the Fund will pay selling commissions of up to 9% of the selling price of the Units to ATEL Securities Corporation (‘‘ASC’’), an affiliate of the Managing Member acting as Dealer Manager for the group of selling broker-dealers. ASC will in turn pay to participating broker-dealers selling commissions of up to 7% of the price of the Units sold by them, retaining the balance of 2%.

During the three and nine months ended September 30, 2018 and 2017, the Managing Member and/or affiliates earned commissions and fees, and billed for reimbursements pursuant to the Operating Agreement as follows (in thousands):

	For the three months ended				For the six months ended
	September 30,				September 30,
	2018		2017		2018		2017
Selling commissions, equal to 9% of the selling price of the Limited   Liability Company Units, deducted from Other Members capital	$	-	$	287	$	31	$	838
Reimbursement of other syndication costs to Managing Member    and/or affiliates, deducted from Other Members capital		-		191		20		559
Special discounts		-		6		-		19
Administrative costs reimbursed to Managing Member and/or affiliates		98		78		314		199
Asset management fees to Managing Member		68		37		200		95
Acquisition and initial direct costs paid to Managing Member		18		58		135		295
	$	184	$	657	$	700	$	2,005

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Non-Recourse Debt

9 Months Ended

Sep. 30, 2018

Non-Recourse Debt [Abstract]

Non-Recourse Debt

7.  Non-recourse debt:

At September 30, 2018, non-recourse debt consists of notes payable to financial institutions. The note payments are due in monthly installments. Interest on the notes range from 3.72% to 4.66% per annum The notes are secured by assignments of lease payments and pledges of assets. At September 30, 2018, gross operating lease rentals totaled approximately $1.5 million over the remaining lease terms and the carrying value of the pledged assets was $1.9 million. The notes mature from 2020 through 2024.

The non-recourse debt does not contain any material financial covenants. The debt is secured by a lien granted by the Company to the non-recourse lenders on (and only on) the discounted lease transactions. The lenders have recourse only to the following collateral: the specific 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 lenders, 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
Three months ending December 31, 2018	$	100	$	14	$	114
Year ending December 31, 2019		407		45		452
2020		285		30		315
2021		187		21		208
2022		135		14		149
2023		135		8		143
Thereafter		101		2		103
	$	1,350	$	134	$	1,484

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Syndication Costs

9 Months Ended

Sep. 30, 2018

Syndication Costs [Abstract]

Syndication Costs

8.Syndication Costs:

Syndication costs are reflected as a reduction to Members’ capital as such costs are netted against the capital raised.  The amount shown is primarily comprised of selling commissions as well as fees pertaining to the organization of the Fund, document preparation, regulatory filing fees, and accounting and legal costs.  Such costs relating to the comparative three and nine month periods ended September 30, 2018 and 2017, are listed below:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Administration and Other	$	-	$	191	$	20	$	559
Selling Commissions		-		287		31		838
Total Syndication Cost	$	-	$	478	$	51	$	1,397

The Operating Agreement places a limit for cost reimbursements to the Managing Member and/or affiliates. When added to selling commissions, such cost reimbursements may not exceed a total equal to 15% of all offering proceeds. As of September 30, 2018, the Company had not recorded any syndication costs in excess of the limitation. The limitation on the amount of syndication costs pursuant to the Operating Agreement is determined on the date of termination of the offering. At such time, the Manager guarantees repayment of any excess syndication costs (above the limitation) which it may have collected from the Company, which guarantee is without recourse or reimbursement by the Fund.

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Special Discounts

9 Months Ended

Sep. 30, 2018

Special Discounts [Abstract]

Special Discounts

9.  Special Discounts:

The Fund sold Units subject to volume discounts to investors who purchased more than $500 thousand of Units through the same broker dealer in this offering. In these instances the Fund applied the reduced per unit price and appropriate scheduled sales commission, as detailed in the offering prospectus, to the entire purchase, not just the portion of the purchase price which exceeds the $500 thousand threshold. During the three and nine months ended September 30, 2018, there were no such sales or discounts and for the three and nine months ended September 30, 2017, volume discounts totaled $13 thousand. These special discounts are reflected in the financial statements as a reduction of Members’ Capital.

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Borrowing Facilities

9 Months Ended

Sep. 30, 2018

Borrowing Facilities [Abstract]

Borrowing Facilities

10.  Borrowing facilities:

Effective June 30, 2017, the Company participated with ATEL Capital Group and certain subsidiaries and affiliated funds in a $75 million revolving credit facility (the “Credit Facility”) with a syndicate of financial institutions as lenders. The Credit Facility is comprised of a working capital facility, an acquisition facility (the “Acquisition Facility”) and a warehouse facility (the “Warehouse Facility”), the Company and affiliates, and a venture facility. As of September 30, 2018, the Credit Facility is for an amount of $75 million and has been extended to June 30, 2019. 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. Such Credit Facility includes certain financial covenants.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. At September 30, 2018 and December 31, 2017,  approximately $72.9 million and $69.2 million, respectively, were available under the facility, and the Company had no outstanding borrowings under the facility.

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Commitments

9 Months Ended

Sep. 30, 2018

Commitments [Abstract]

Commitments

11.  Commitments:

At September 30, 2018, there was a commitment to fund investments in notes receivable totaling $400thousand. The contract awards may be canceled by the prospective borrower or may not be accepted by the Company prior to funding.

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Members' Capital

9 Months Ended

Sep. 30, 2018

Members' Capital [Abstract]

Members' Capital

12.  Members’ Capital:

Totals of 2,565,749and 2,551,749Units were issued and outstanding as of September 30, 2018 and December 31, 2017, respectively, including the 50 Units issued to the initial Member (Managing Member). The Fund was authorized to issue up to 15,000,000 Units in addition to the Units issued to the initial Member.

Distributions to the Other Members for the three and nine months ended September 30, 2018 and September 30, 2017 were as follows (in thousands except Units and per Unit data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Distributions	$	512	$	443	$	1,537	$	1,153
Weighted average number of Units outstanding		2,565,749		2,213,264		2,567,477		1,924,222
Weighted average distributions per Unit	$	0.20	$	0.20	$	0.60	$	0.60

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Fair Value Measurements

9 Months Ended

Sep. 30, 2018

Fair Value Measurements [Abstract]

Fair Value Measurements

13.  Fair value measurements:

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

The measurement methodology is as follows:

Warrants (recurring)

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried on the balance sheet at an estimated fair value at the end of the period. The valuation of the warrants was determined using a Black-Scholes formulation of value based upon the stock price(s), the exercise price(s), the volatility of comparable venture companies, time to maturity, and a risk free interest rate for the term(s) of the warrant exercise(s). The calculated fair value of the Fund’s warrant portfolio was $249thousand and $62 thousand at September 30, 2018 and December 31, 2017, respectively. Such valuation is classified within Level 3 of the valuation hierarchy.

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Fair value of warrants at beginning of period	$	237	$	47	$	62	$	51
Fair value of new warrants, recorded during the   period (included as a discount on notes receivable)		12		-		224		-
Unrealized loss on fair valuation of warrants		-		(2)		(37)		(6)
Fair value of warrants at end of period	$	249	$	45	$	249	$	45

The following tables summarize 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 September 30, 2018 and December 31, 2017:

September 30, 2018
	Valuation	Valuation	Unobservable	Range of
Name	Frequency	Technique	Inputs	Input Values
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.18 - $14.50
			Exercise price	$0.02 - $9.00
			Time to maturity (in years)	7.88 - 13.20
			Risk-free interest rate	3.02% - 3.08%
			Annualized volatility	37.51% - 292.30%

December 31, 2017
	Valuation	Valuation	Unobservable	Range of
Name	Frequency	Technique	Inputs	Input Values
Warrants	Recurring	Black-Scholes formulation	Stock price	$3.88 - $4.59
			Exercise price	$2.54 - $3.98
			Time to maturity (in years)	8.63 - 13.95
			Risk-free interest rate	2.37% - 2.47%
			Annualized volatility	37.63% - 42.49%

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

The Company has determined the estimated fair value amounts by using market information and valuation methodologies that it considers appropriate and consistent with the fair value accounting guidance. Considerable judgment is required to interpret market data to develop the estimates of fair value. 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 generally estimated based upon various methodologies deployedby financial and credit management based on assumptions market participants would consider including, but not limited to, credit analysis, third party appraisal and/ordiscounted cash flow analysis based upon current market valuation techniques and market rates for similar types oflending arrangements, which may consider adjustments for impaired loans as deemed necessary.

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 September 30, 2018 and December 31, 2017 (in thousands):

	September 30, 2018
	Carrying Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	4,885	$	4,885	$	-	$	-	$	4,885
Notes receivable, net		3,908		-		-		3,868		3,868
Warrants, fair value		249		-		-		249		249
Financial liabilities:
Non-recourse debt		1,350		-		-		1,341		1,341

		December 31, 2017
	Carrying Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	7,092	$	7,092	$	-	$	-	$	7,092
Notes receivable, net		1,794		-		-		1,794		1,794
Warrants, fair value		62		-		-		62		62

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Summary of Significant Accounting Policies (Policy)

9 Months Ended

Sep. 30, 2018

Summary of Significant Accounting Policies [Abstract]

Basis of Presentation

Basis of presentation:

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results to be expected for the full year.

In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after September 30, 2018, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements, or adjustments thereto.

Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data.

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 determination of the allowance for doubtful accounts.

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 primary geographic region in which the Company seeks financing opportunities is North America. Currently, 100% of the Company’s operating revenues are from customers domiciled in the United States.

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 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 in non-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 and notes receivable are applied only against outstanding principal balances.

Financing Receivables

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.

Investment in Securities

Investment in securities:

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

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. During the three and nine months ended September 30, 2018, the Company recorded unrealized losses of $0 and $37 thousand, respectively, on fair valuation of its warrants. By comparison, the Company recorded unrealized losses of $2 thousand and $6 thousand, on fair valuations of its warrants during the respective three and nine months ended September 30, 2017. As of September 30, 2018 and December 31, 2017, the estimated fair value of the Fund’s portfolio of warrants amounted to $249 thousand and $62 thousand, respectively. There have been no exercises of warrants, net or otherwise, during the three and nine months endedSeptember 30, 2018 and 2017.

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 non-interest bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250,000. The remainder of the Fund’s 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 receivable represent amounts due from various industries, related to equipment on operating leases.

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 being 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. The Company depreciates all lease assets, in accordance with guidelines consistent with ASC 840-20-35-3, over the periods of the lease terms contained in each asset’s respective lease contract to the estimated residual value at the end of the lease contract. All lease assets are purchased only concurrent with the execution of a lease commitment by the lessee. Thus, the original depreciation period corresponds with the term of the original lease. Once the term of an original lease contract is completed, the subject property is typically sold to the existing user, re-leased to the existing user, or, when off-lease, is held for sale. Assets which are re-leased continue to be depreciated using the terms of the new lease agreements and the estimated residual values at the end of the new lease terms, adjusted downward as necessary. Assets classified as held-for-sale are carried at the lower of carrying amount, or the fair value less cost to sell (ASC 360-10-35-43).

The Company does not use the equipment held in its portfolio, but holds it solely for lease and ultimate sale. In the course of marketing equipment that has come off-lease, management may determine at some point that re-leasing the assets may provide a superior return for investors and would then execute another lease. Upon entering into a new lease contract, management will estimate the residual value once again and resume depreciation. If, and when, the Company, at any time, determines that depreciation in value may have occurred with respect to an asset held-for-sale, the Company would review the value to determine whether a material reduction in value had occurred and recognize any appropriate impairment. All lease assets, including off-lease assets, are subject to the Company’s quarterly impairment analysis, as described below. 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 120 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.

Initial Direct Costs

Initial direct costs:

The Company capitalizes initial direct costs (“IDC”) associated with the origination of lease assets. IDC includes both internal costs (e.g., the costs of employees’ activities in connection with successful lease originations) and external broker fees incurred with such originations. The costs are amortized on a lease by lease basis based on actual contract term using a straight-line method for operating leases. Upon disposal of the underlying lease assets, both the initial direct costs and the associated accumulated amortization are relieved. Costs related to leases 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.

Fair Value

Fair Value:

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

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

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

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

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

Per Unit Data

Per Unit data:

The Company issues only one class of Units, none of which are considered dilutive. Net loss and distributions per Unit are based upon the weighted average number of Other Members Units outstanding since commencement of its operations.

Emerging Growth Company

Emerging growth company:

Section 107 of the Jumpstart Our Business Startups Act (the “JOBS Act”) provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. However, we have chosen to “opt out” of such extended transition period and, as a result, we will comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for non-emerging growth companies. Section 107 of the JOBS Act provides that our decision to opt out of the extended transition period for complying with new or revised accounting standards is irrevocable.

Recent Accounting Pronouncements

Recent accounting pronouncements:

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

In August 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-15 — Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”). ASU 2016-15 addresses specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments in this Update are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-15 did not have a material impact on its financial statements and disclosures.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016-13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for fiscal years beginning after December 15, 2018. Management is currently evaluating the standard and expects the Update may potentially result in an increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The new standard will require lessees to recognize lease assets and lease liabilities arising from operating leases with lease terms greater than 12 months in the statement of financial position. Lessor accounting per ASU 2016-02 is mostly unchanged from the previous lease accounting under GAAP. Certain changes were made to the lessor accounting guidance in order to align the lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. Similar to the previous guidance, lessors will classify leases as operating, direct financing, or sales-type. Lessors in operating leases will continue to recognize the underlying asset and recognize income on a straight-line basis. Lessors determine whether a lease is a sale of the underlying asset based on whether the lessee effectively obtains control of the underlying assets. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. While early adoption is permitted, the Company does not expect to elect that option. The Company expects to adopt the guidance in the first quarter 2019 using the modified retrospective method. Management is currently evaluating the impact of this standard on the financial statements and its operational and related disclosure requirements, including the impact on the Company’s current lease portfolio from a lessor perspective. As part of the adoption of the standard, the Company has selected and is in the process of implementing new lease accounting software. The Company is in the process of identifying and designing appropriate changes to its business processes, systems and controls to support the new standard. Given the limited changes to lessor accounting, Management does not expect material changes to recognition or measurement.

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

In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The new standard provides guidance related to accounting for equity investments and financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. ASU 2016-01, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment, (iii) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet, (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (v) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements. ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. This guidance is effective for the Company beginning on January 1, 2018. The adoption of ASU 2016-01 did not have a material impact on its financial statements and disclosures.

In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year and in August 2015, issued Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (“ASU 2015-14”). ASU 2015-14 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. This guidance was effective for the Company beginning on January 1, 2018. The adoption of ASU 2014-09 did not have a material impact on the Company’s financial statements and disclosures as the new revenue guideline does not affect revenue from leases and loans, which comprise the majority of the Company’s revenues.

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Notes Receivable, Net (Tables)

9 Months Ended

Sep. 30, 2018

Notes Receivable, Net [Abstract]

Minimum Future Payments Receivable

As of September 30, 2018, the future minimum payments receivable are as follows (in thousands):

Three months ending December 31, 2018	$	601
Year ending December 31, 2019		2,376
2020		1,241
2021		493
2022		9
		4,720
Less: portion representing unearned interest income		(625)
		4,095
Less: warrants - notes receivable discount		(200)
Unamortized initial direct costs		13
Notes receivable, net	$	3,908

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

IDC (Initial Direct Cost) amortization expense related to notes receivable and operating leases for the three and nine months ended September 30, 2018 and 2017 are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
IDC amortization - notes receivable	$	4	$	1	$	9	$	2
IDC amortization - lease assets		17		15		49		40
Total	$	21	$	16	$	58	$	42

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Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2018

Allowance for Credit Losses [Abstract]

Activity in Allowance for Doubtful Accounts and Credit Losses

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

	Accounts Receivable Allowance for Doubtful Accounts
	Operating Leases
Balance December 31, 2017	$	18
Reversal of provision of credit loss		(18)
Balance September 30, 2018	$	-

Financing Receivables by Credit Quality Indicator and by Class

At September 30, 2018 and 2017, the Company’s investment in financing receivables by credit quality indicator and by class of financing receivables are as follows (excludes initial direct costs) (in thousands):

	Notes Receivable
	September 30, 2018		December 31, 2017
Pass	$	4,095	$	1,813
Special mention		-		-
Substandard		-		-
Doubtful		-		-
Total	$	4,095	$	1,813

Net Investment in Financing Receivables by Age

At September 30, 2018 and December 31, 2017, investment in financing receivables is aged as follows (in thousands):

September 30, 2018	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	$	-	$	-	$	-	$	-	$	4,095	$	4,095	$	-

December 31, 2017	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	$	-	$	-	$	-	$	-	$	1,813	$	1,813	$	-

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Investments in Equipment and Leases, Net (Tables)

9 Months Ended

Sep. 30, 2018

Investments in Equipment and Leases, Net [Abstract]

Investment in Leases

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

		Balance				Depreciation/		Balance
	December 31,					Amortization		September 30,
		2017		Additions		Expense		2018
Net investment in operating leases		$	9,970	$	408	$	(912)	$	9,466
Initial direct costs, net of accumulated  amortization of $131 at September 30, 2018  and $82 at December 31, 2017			230		21		(49)		202
Total		$	10,200	$	429	$	(961)	$	9,668

Property on Operating Leases

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

	Balance						Balance
	December 31,				Reclassifications		September 30,
	2017		Additions		or Dispositions		2018
Transportation, rail	$	3,679	$	-	$	-	$	3,679
Mining		1,320		408		-		1,728
Construction		1,242		-		-		1,242
Paper processing		1,058		-		-		1,058
Marine vessels		1,041		-		-		1,041
Containers		860		-		-		860
Agriculture		742		-		-		742
Materials handling		711		-		-		711
Aviation		462		-		-		462
Transportation, other		97		-		-		97
		11,212		408		-		11,620
Less accumulated depreciation		(1,242)		(912)		-		(2,154)
Total	$	9,970	$	(504)	$	-	$	9,466

Future Minimum Lease Payments Receivable

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

		Operating Leases
Three months ending December 31, 2018	$	428
Year ending December 31, 2019		1,691
2020		1,509
2021		1,025
2022		811
2023		756
Thereafter		462
	$	6,682

Schedule of Useful Lives of Assets

As of September 30, 2018, the respective useful lives of each category of lease assets in the Company’s portfolio are as follows (in years):

Equipment category	Useful Life
Transportation, rail	35 - 40
Marine vessel	20 - 30
Containers	15 - 20
Aviation	15 - 20
Mining	10 - 15
Paper processing	10 - 15
Agriculture	7 - 10
Construction	7 - 10
Materials handling	7 - 10
Transportation	7 - 10

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Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2018

Related Party Transactions [Abstract]

Managing Members and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement

During the three and nine months ended September 30, 2018 and 2017, the Managing Member and/or affiliates earned commissions and fees, and billed for reimbursements pursuant to the Operating Agreement as follows (in thousands):

	For the three months ended				For the six months ended
	September 30,				September 30,
	2018		2017		2018		2017
Selling commissions, equal to 9% of the selling price of the Limited   Liability Company Units, deducted from Other Members capital	$	-	$	287	$	31	$	838
Reimbursement of other syndication costs to Managing Member    and/or affiliates, deducted from Other Members capital		-		191		20		559
Special discounts		-		6		-		19
Administrative costs reimbursed to Managing Member and/or affiliates		98		78		314		199
Asset management fees to Managing Member		68		37		200		95
Acquisition and initial direct costs paid to Managing Member		18		58		135		295
	$	184	$	657	$	700	$	2,005

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Non-Recourse Debt (Tables)

9 Months Ended

Sep. 30, 2018

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
Three months ending December 31, 2018	$	100	$	14	$	114
Year ending December 31, 2019		407		45		452
2020		285		30		315
2021		187		21		208
2022		135		14		149
2023		135		8		143
Thereafter		101		2		103
	$	1,350	$	134	$	1,484

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Syndication Costs (Tables)

9 Months Ended

Sep. 30, 2018

Syndication Costs [Abstract]

Schedule of Syndication Costs

The amount shown is primarily comprised of selling commissions as well as fees pertaining to the organization of the Fund, document preparation, regulatory filing fees, and accounting and legal costs.  Such costs relating to the comparative three and nine month periods ended September 30, 2018 and 2017, are listed below:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Administration and Other	$	-	$	191	$	20	$	559
Selling Commissions		-		287		31		838
Total Syndication Cost	$	-	$	478	$	51	$	1,397

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Members' Capital (Tables)

9 Months Ended

Sep. 30, 2018

Members' Capital [Abstract]

Distributions to Other Members

Distributions to the Other Members for the three and nine months ended September 30, 2018 and September 30, 2017 were as follows (in thousands except Units and per Unit data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Distributions	$	512	$	443	$	1,537	$	1,153
Weighted average number of Units outstanding		2,565,749		2,213,264		2,567,477		1,924,222
Weighted average distributions per Unit	$	0.20	$	0.20	$	0.60	$	0.60

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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Measurements [Abstract]

Fair Value of Warrants that were Accounted for on a Recurring Basis Classified as Level 3 Assets

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Fair value of warrants at beginning of period	$	237	$	47	$	62	$	51
Fair value of new warrants, recorded during the   period (included as a discount on notes receivable)		12		-		224		-
Unrealized loss on fair valuation of warrants		-		(2)		(37)		(6)
Fair value of warrants at end of period	$	249	$	45	$	249	$	45

Summary of Valuation Techniques and Significant Unobservable Inputs Used

The following tables summarize 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 September 30, 2018 and December 31, 2017:

September 30, 2018
	Valuation	Valuation	Unobservable	Range of
Name	Frequency	Technique	Inputs	Input Values
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.18 - $14.50
			Exercise price	$0.02 - $9.00
			Time to maturity (in years)	7.88 - 13.20
			Risk-free interest rate	3.02% - 3.08%
			Annualized volatility	37.51% - 292.30%

December 31, 2017
	Valuation	Valuation	Unobservable	Range of
Name	Frequency	Technique	Inputs	Input Values
Warrants	Recurring	Black-Scholes formulation	Stock price	$3.88 - $4.59
			Exercise price	$2.54 - $3.98
			Time to maturity (in years)	8.63 - 13.95
			Risk-free interest rate	2.37% - 2.47%
			Annualized volatility	37.63% - 42.49%

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 September 30, 2018 and December 31, 2017 (in thousands):

	September 30, 2018
	Carrying Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	4,885	$	4,885	$	-	$	-	$	4,885
Notes receivable, net		3,908		-		-		3,868		3,868
Warrants, fair value		249		-		-		249		249
Financial liabilities:
Non-recourse debt		1,350		-		-		1,341		1,341

		December 31, 2017
	Carrying Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	7,092	$	7,092	$	-	$	-	$	7,092
Notes receivable, net		1,794		-		-		1,794		1,794
Warrants, fair value		62		-		-		62		62

XML

Organization and Limited Liability Company Matters (Narrative) (Details) - USD ($)	9 Months Ended	41 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016	Jul. 06, 2016	Feb. 02, 2016	Apr. 28, 2015
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Business activities, description	raising capital and originating equipment financing transactions and acquiring equipment to engage in equipment leasing and sales activities
Business formation date	Apr. 16, 2015
Business formation State	California
Initial offering expiration period		2 years
Limited liability company, minimum required proceeds from initial offering		$ 150,000,000
Sale of limited liability Company Units, number of Units						120,000
Proceeds from sale of Limited Liability Company Units						$ 1,200,000
Contributions received, net of rescissions	$ 25,700,000	$ 25,700,000
Units repurchased, amount	$ 151,000
Units repurchased, Units	20,000
Reinvestment period	6 years
Minimum [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Amount of aggregate subscriptions for Pennsylvania subscriptions to be released to the Fund						$ 7,500,000
Contributions received, net of rescissions					$ 7,500,000
Percentage of distributions on original invested capital	8.00%
Maximum [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Percentage of distributions on original invested capital	10.00%
Initial Member [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Contributions of capital, initial							$ 500
Other Members [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]
Members capital account, Units issued	2,565,749	2,565,749	2,551,749
Members capital account, Units outstanding	2,565,749	2,565,749	2,551,749	1,475,864

XML

Summary of Significant Accounting Policies (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2018 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) segment	Sep. 30, 2017 USD ($)	Jun. 30, 2018 USD ($)	Dec. 31, 2017 USD ($)	Jun. 30, 2017 USD ($)	Dec. 31, 2016 USD ($)
Summary of Significant Accounting Policies [Line Items]
Exercises of warrants	$ 0	$ 0	$ 0	$ 0
Number of operating segments | segment			1
Number of reportable segments | segment			1
Unrealized loss on fair valuation of warrants		(2,000)	$ (37,000)	(6,000)
Warrants, fair value	249,000	$ 45,000	$ 249,000	$ 45,000	$ 237,000	$ 62,000	$ 47,000	$ 51,000
Operating Revenue [Member]
Summary of Significant Accounting Policies [Line Items]
Percentage of concentration risk			100.00%
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Required assets value of financial institutions for cash deposits			$ 10,000,000,000
Operating leases, initial terms			36 months
Notes receivable, period for non-accrual status			90 days
Operating leases, Period for non-accrual status			90 days
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Treasury instruments maturity period			90 days
Cash deposits, insured amount	$ 250,000		$ 250,000
Operating leases, initial terms			120 months
Notes receivable, period for review of impairment			90 days
Equipment and lessee period of review for impairment			90 days

XML

Notes Receivable, Net (Narrative) (Details)	9 Months Ended
	Sep. 30, 2018
Notes receivable, maturity date description	The notes mature from 2020 through 2022
Minimum [Member]
Notes receivable term	24 months
Notes receivable interest rate	11.60%
Maximum [Member]
Notes receivable term	42 months
Notes receivable interest rate	16.49%

XML

Notes Receivable, Net (Minimum Future Payments Receivable) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Notes Receivable, Net [Abstract]
Three months ending December 31, 2018	$ 601
Year ending December 31, 2019	2,376
2020	1,241
2021	493
2022	9
Financing receivable, gross	4,720
Less: portion representing unearned interest income	(625)
Notes receivable	4,095	$ 1,813
Less: warrants - notes receivable discount	(200)
Unamortized initial direct costs	13
Notes receivable, net	$ 3,908	$ 1,794

XML

Notes Receivable, Net (Initial Direct Costs, Amortization Expense Related to Notes Receivable and Company's Operating and Direct Finance Leases) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortization of initial direct costs	$ 21	$ 16	$ 58	$ 42
Lease Assets [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortization of initial direct costs	17	15	49	40
Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortization of initial direct costs	$ 4	$ 1	$ 9	$ 2

XML

Allowance for Credit Losses (Activity in Allowance for Doubtful Accounts) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Allowance for Credit Losses [Abstract]
Beginning Balance		$ 18
Provision for (reversal of) credit losses	$ 12	(18)	$ 21
Ending Balance		$ 0

XML

Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable	$ 4,095	$ 1,813
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable	4,095	1,813
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Notes Receivable

XML

Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivables in non-accrual or impaired status	$ 0	$ 0
Notes Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Current	4,095	1,813
Total Financing Receivables	4,095	1,813
Recorded Investment > 90 Days and Accruing
Notes Receivable [Member] | 31-60 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Notes Receivable [Member] | 61-90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Notes Receivable [Member] | Greater Than 90 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due

XML

Investments in Equipment and Leases, Net (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Leases Disclosure [Line Items]
Amortization of initial direct costs	$ 21	$ 16	$ 58	$ 42
Depreciation of operating lease assets	$ 304	259	$ 912	660
Average estimated residual value of assets on operating leases	39.00%		39.00%		39.00%
Asset impairment losses			$ 0	0
Lease equipment, depreciation method			straight-line
Lease Assets [Member]
Leases Disclosure [Line Items]
Amortization of initial direct costs	$ 17	$ 15	$ 49	$ 40

XML

Investments in Equipment and Leases, Net (Investment in Leases) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Leases Disclosure [Line Items]
Balance December 31, 2017	$ 10,200
Additions	429
Depreciation/ Amortization Expense	(961)
Balance September 30, 2018	9,668
Initial direct costs, accumulated amortization	131	$ 82
Initial Direct Cost [Member]
Leases Disclosure [Line Items]
Balance December 31, 2017	230
Additions	21
Depreciation/ Amortization Expense	(49)
Balance September 30, 2018	202
Operating Leases [Member]
Leases Disclosure [Line Items]
Balance December 31, 2017	9,970
Additions	408
Depreciation/ Amortization Expense	(912)
Balance September 30, 2018	$ 9,466

XML

Investments in Equipment and Leases, Net (Property on Operating Leases) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	$ 11,620	$ 11,212
Less accumulated depreciation	(2,154)	(1,242)
Property on operating leases, net	9,466	9,970
Additions, gross	408
Additions, less accumulated depreciation	(912)
Additions, net	(504)
Transportation, Rail [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	3,679	3,679
Mining [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,728	1,320
Additions, gross	408
Construction [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,242	1,242
Paper Processing [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,058	1,058
Marine Vessel [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	1,041	1,041
Containers [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	860	860
Agriculture [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	742	742
Materials Handling [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	711	711
Aviation [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	462	462
Transportation, Other [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property on operating leases, gross	$ 97	$ 97

XML

Investments in Equipment and Leases, Net (Future Minimum Lease Payments Receivable) (Details) $ in Thousands	Sep. 30, 2018 USD ($)
Operating Leases
Three months ending December 31, 2018	$ 428
Year ending December 31, 2019	1,691
2020	1,509
2021	1,025
2022	811
2023	756
Thereafter	462
Operating leases, total	$ 6,682

XML

Investments in Equipment and Leases, Net (Schedule of Useful Lives of Lease Assets) (Details)	9 Months Ended
	Sep. 30, 2018
Transportation, Rail [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	35 years
Transportation, Rail [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	40 years
Marine Vessel [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	20 years
Marine Vessel [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	30 years
Containers [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	15 years
Containers [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	20 years
Aviation [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	15 years
Aviation [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	20 years
Mining [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Mining [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	15 years
Paper Processing [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Paper Processing [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	15 years
Agriculture [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 years
Agriculture [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Construction [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 years
Construction [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Materials Handling [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 years
Materials Handling [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years
Transportation [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	7 years
Transportation [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Useful lives of lease assets	10 years

XML

Related Party Transactions (Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Related Party Transaction [Line Items]
Selling commissions, equal to 9% of the selling price of the Limited Liability Company Units, deducted from Other Members capital		$ 287	$ 31	$ 838
Reimbursement of other syndication costs to Managing Member and/or affiliates, deducted from Other Members capital		191	20	559
Special discounts		6		19
Administrative costs reimbursed to Managing Member and/or affiliates	$ 98	78	314	199
Asset management fees to Managing Member	68	37	200	95
Acquisition and initial direct costs paid to Managing Member	18	58	135	295
Related party transaction, total	$ 184	$ 657	$ 700	$ 2,005
Selling commission rate			9.00%
Atel Securities Corporation [Member]
Related Party Transaction [Line Items]
Selling commission rate			2.00%
Broker-Dealers [Member]
Related Party Transaction [Line Items]
Selling commission rate			7.00%

XML

Non-Recourse Debt (Narrative) (Details) - Non-Recourse Debt [Member] $ in Millions	9 Months Ended
	Sep. 30, 2018 USD ($)
Debt Instrument [Line Items]
Gross operating lease rentals and future payments on direct financing leases	$ 1.5
Carrying value of pledged assets	$ 1.9
Note maturity date, description	The notes mature from 2020 through 2024
Minimum [Member]
Debt Instrument [Line Items]
Fixed Interest rate on note	3.72%
Maximum [Member]
Debt Instrument [Line Items]
Fixed Interest rate on note	4.66%

XML

Non-Recourse Debt (Future Minimum Payments of Non-Recourse Debt) (Details) $ in Thousands	Sep. 30, 2018 USD ($)
Principal
Three months ending December 31, 2018	$ 100
Year ending December 31, 2019	407
2020	285
2021	187
2022	135
2023	135
Thereafter	101
Long-term debt, total	1,350
Interest
Three months ending December 31, 2018	14
Year ending December 31, 2019	45
2020	30
2021	21
2022	14
2023	8
Thereafter	2
Long-term debt interest, total	134
Total
Three months ending December 31, 2018	114
Year ending December 31, 2019	452
2020	315
2021	208
2022	149
2023	143
Thereafter	103
Long-term debt principal and interest, total	$ 1,484

XML

Syndication Costs (Narrative) (Details)	9 Months Ended
	Sep. 30, 2018
Syndication Costs [Abstract]
Percentage of offering proceeds, limit on reimbursements to Managing Members and/or affiliates	15.00%

XML

Syndication Costs (Schedule of Syndication Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Syndication costs		$ 478	$ 51	$ 1,397
Administration and Other [Member]
Syndication costs		191	20	559
Selling Commissions [Member]
Syndication costs		$ 287	$ 31	$ 838

XML

Special Discounts (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Special Discounts [Abstract]
Special volume discount to investors, qualifying threshold amount			$ 500
Special volume discounts to investors	$ 0	$ 13	$ 0	$ 13

XML

Borrowing Facilities (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Line of Credit Facility [Line Items]
Maximum amount of Credit Facility	$ 75.0
Line of Credit Facility, expiration date	Jun. 30, 2019
Credit facility, Interest rate description	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.
Warehouse Facility [Member]
Line of Credit Facility [Line Items]
Maximum amount of Credit Facility	$ 72.9	$ 69.2
Outstanding borrowings under the facility	$ 0.0	$ 0.0

XML

Commitments (Narrative) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018 USD ($)
Commitments [Abstract]
Commitments to purchase lease assets	$ 400

XML

Members' Capital (Narrative) (Details) - shares	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Members [Member]
Members Capital Account [Line Items]
Members capital account, Units issued	2,565,749	2,551,749
Members capital account, Units outstanding	2,565,749	2,551,749	1,475,864
Members capital account, units authorized	15,000,000	15,000,000
Managing Member [Member]
Members Capital Account [Line Items]
Members capital account, Units issued	50	50

XML

Members' Capital (Distributions to Other Members) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Members' Capital [Abstract]
Distributions	$ 512	$ 443	$ 1,537	$ 1,153	$ 1,640
Weighted average number of Units outstanding	2,565,749	2,213,264	2,567,477	1,924,222
Weighted average distributions per Unit	$ 0.20	$ 0.20	$ 0.60	$ 0.60	$ 0.80

XML

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Fair Value Measurements [Abstract]
Warrants, fair value	$ 249	$ 237	$ 62	$ 45	$ 47	$ 51

XML

Fair Value Measurements (Fair Value of Warrants that Were Accounted for on a Recurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Fair Value Measurements [Abstract]
Fair value of warrants at beginning of year	$ 237	$ 47	$ 62	$ 51
Fair value of new warrants, recorded during period (included as a discount on notes receivable)	12		224
Unrealized loss on fair valuation of warrants		(2)	(37)	(6)
Fair value of warrants at end of year	$ 249	$ 45	$ 249	$ 45

XML

Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs) (Details) - Fair Value, Inputs, Level 3 [Member] - Recurring [Member] - Black Scholes Model [Member] - Warrant [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Stock price	$ 0.18	$ 3.88
Exercise price	$ 0.02	$ 2.54
Time to maturity (in years)	7 years 10 months 17 days	8 years 7 months 17 days
Risk-free interest rate	3.02%	2.37%
Annualized volatility	37.51%	37.63%
Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Stock price	$ 14.50	$ 4.59
Exercise price	$ 9.00	$ 3.98
Time to maturity (in years)	13 years 2 months 12 days	13 years 11 months 12 days
Risk-free interest rate	3.08%	2.47%
Annualized volatility	292.30%	42.49%

XML

Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Financial assets:
Warrants, fair value	$ 249	$ 237	$ 62	$ 45	$ 47	$ 51
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	4,885		7,092
Notes receivable, net	3,908		1,794
Warrants, fair value	249		62
Financial liabilities:
Non-recourse debt	1,350
Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	4,885		7,092
Notes receivable, net	3,868		1,794
Warrants, fair value	249		62
Financial liabilities:
Non-recourse debt	1,341
Fair Value, Inputs, Level 1 [Member] | Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	4,885		7,092
Fair Value, Inputs, Level 2 [Member] | Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents
Notes receivable, net
Warrants, fair value
Financial liabilities:
Non-recourse debt
Fair Value, Inputs, Level 3 [Member] | Estimated Fair Value [Member]
Financial assets:
Notes receivable, net	3,868		1,794
Warrants, fair value	249		$ 62
Financial liabilities:
Non-recourse debt	$ 1,341