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Segment Information
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates in two reportable segments. The CAM segment consists of the Company's aircraft leasing operations and its segment earnings includes an allocation of interest expense. The ACMI Services segment consists of the Company's airline operations, including CMI agreements as well as ACMI and charter service agreements that the Company has with other customers. Due to the similarities among the Company's airline operations, the airline operations are aggregated into a single reportable segment, ACMI Services. The Company's other activities, which include mail and parcel handling services, as well as hub managements services for the USPS and AFS, the sale of aircraft parts, aircraft maintenance services, aircraft modifications, facility and ground equipment services, the sales of aviation fuel and other services, are not large enough to constitute reportable segments and are combined in “All other” with inter-segment profit eliminations. Inter-segment revenues are valued at arms-length market rates. Cash and cash equivalents are reflected in Assets - All other below.
The Company's segment information from continuing operations is presented below (in thousands):
 
Three Months Ending March 31,
 
2017
 
2016
Total revenues:
 
 
 
CAM
$
47,978

 
$
51,726

ACMI Services
144,949

 
114,956

All other
89,206

 
55,011

Eliminate inter-segment revenues
(44,216
)
 
(44,308
)
Total
$
237,917

 
$
177,385

Customer revenues:
 
 
 
CAM
$
30,782

 
$
28,761

ACMI Services
144,949

 
114,956

All other
62,186

 
33,668

Total
$
237,917

 
$
177,385

Depreciation and amortization expense:
 
 
 
CAM
$
24,301

 
$
22,730

ACMI Services
11,072

 
9,544

All other
1,069

 
260

Total
$
36,442

 
$
32,534

Segment earnings (loss):
 
 
 
CAM
$
13,330

 
$
19,510

ACMI Services
(3,705
)
 
(10,356
)
     All other
4,783

 
3,868

Net unallocated interest expense
(171
)
 
(346
)
Net gain (loss) on financial instruments
1,869

 
(528
)
Pre-tax earnings from continuing operations
$
16,106

 
$
12,148


The Company's assets are presented below by segment (in thousands):
 
March 31,
 
December 31,
 
2017
 
2016
Assets:
 
 
 
CAM
$
1,035,730

 
$
971,986

ACMI Services
182,190

 
164,489

All other
122,891

 
122,855

Total
$
1,340,811

 
$
1,259,330


Interest expense allocated to CAM was $3.3 million and $2.3 million for the three month periods ending March 31, 2017 and 2016, respectively.