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Derivative Instruments and Fair Value Accounting Derivatives and Hedging (Tables)
 6 Months Ended
Jun. 30, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Schedule of Interest Rate Derivatives [Table Text Block]
   
Included in accompanying balance sheet
at June 30, 2022
AOCI – loss/(income)
 Notional Amount
Interest Rate (1)
Asset/(Liability) Controlling InterestNoncontrolling Interest
 ($ in millions)
Expired hedges:
2018 secured railcar equipment notes$249.3 4.41 %$— $0.5 $— 
TRIP Holdings warehouse loan$788.5 3.60 %$— $0.3 $0.3 
Tribute Rail secured railcar equipment notes (2)
$256.0 2.86 %$— $0.9 $1.3 
2017 promissory notes – interest rate cap$169.3 3.00 %$— $(0.3)$— 
Open hedge:
2017 promissory notes – interest rate swap$448.0 2.39 %$6.9 $(7.2)$— 
(1) Weighted average fixed interest rate, except for the interest rate cap on the 2017 promissory notes.
(2) In May 2022, Tribute Rail LLC ("Tribute Rail"), an indirect, wholly-owned subsidiary of TRIP Holdings, entered into and subsequently terminated a forward starting interest rate swap to hedge the risk of potential interest rate increases prior to the May 2022 Tribute Rail debt issuance.
Derivative Instruments, Gain (Loss)
 Effect on interest expense – increase/(decrease)
 Three Months Ended
June 30,		Six Months Ended
June 30,		Expected effect during next twelve months
 2022202120222021
 (in millions)
Expired hedges:
2018 secured railcar equipment notes
$0.1 $— $0.1 $0.1 $0.2 
TRIP Holdings warehouse loan$0.3 $0.5 $0.7 $1.0 $0.6 
Triumph Rail secured railcar equipment notes$— $0.1 $— $0.1 $— 
Tribute Rail secured railcar equipment notes$0.1 $— $0.1 $— $0.7 
2017 promissory notes – interest rate cap$— $— $— $— $(0.1)
Open hedge (1):
2017 promissory notes – interest rate swap$2.2 $3.1 $5.0 $6.2 $10.0 
(1) Based on the fair value of open hedges as of June 30, 2022.
Foreign Currency Hedge
Our exposure related to foreign currency transactions is currently hedged for up to a maximum of twelve months. Information related to our foreign currency hedge is as follows:
 
Included in 
accompanying balance 
sheet at June 30, 2022
Effect on cost of revenues – increase/(decrease)
Notional
Amount		Asset/ (Liability)AOCI –
loss/(income)		Three Months Ended
June 30,		Six Months Ended
June 30,
Expected effect during next twelve months (1)
2022202120222021
(in millions)
$42.5 $0.8 $(1.3)$(0.4)$(2.3)$(0.2)$(6.0)$(1.3)
(1) Based on the fair value of open hedges as of June 30, 2022.
Level 1  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets measured as Level 1 in the fair value hierarchy are summarized below:
Level 1
 June 30, 2022December 31, 2021
(in millions)
Assets:
Cash equivalents$32.5 $11.4 
Restricted cash256.8 135.1 
Total assets$289.3 $146.5 
Level 2  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets and liabilities measured as Level 2 in the fair value hierarchy are summarized below:
Level 2
 June 30, 2022December 31, 2021
(in millions)
Assets:
Foreign currency hedge (1)
$0.8 $— 
Interest rate hedge (1)
6.9 — 
Total assets$7.7 $— 
Liabilities:
Interest rate hedge (2)
$— $21.0 
Foreign currency hedge (2)
— 0.1 
Total liabilities$— $21.1 
(1) Included in other assets in our Consolidated Balance Sheets.
(2) Included in accrued liabilities in our Consolidated Balance Sheets.