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Commitments and Contingent Liabilities - Other (Details) - USD ($) $ in Thousands |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jul. 26, 2016 | Mar. 31, 2015 | Dec. 31, 2016
Commitments and Contingent Liabilities |  |  |
Letters of credit outstanding |  |  | $ 32,500
Surety bonds posted |  |  | 11,400
Holdings | Holdings Bond |  |  |
Commitments and Contingent Liabilities |  |  |
Senior unsecured notes issued |  |  | $ 700,000
Senior subordinated convertible notes, interest rate (as a percent) |  |  | 3.80%
Percentage of interest and principal due to the co-obligor as a result of the change in ownership and subsequent relief of debt obligation |  | 50.10% |
Percentage of expenses relating to the debt obligation due to the co-obligor as a result of the change in ownership and subsequent relief of debt obligation |  | 100.00% |
PTL |  |  |
Commitments and Contingent Liabilities |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) | 9.00% |  | 23.40%
GEC | PTL |  |  |
Commitments and Contingent Liabilities |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) |  |  | 15.50%
Mitsui and Co |  |  |
Commitments and Contingent Liabilities |  |  |
Purchase of ownership interest |  | 20.00% |
Mitsui and Co | PTL |  |  |
Commitments and Contingent Liabilities |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) |  |  | 20.00%
Penske Corporation | PTL |  |  |
Commitments and Contingent Liabilities |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) |  |  | 41.10%
Guarantee of Indebtedness of Others | GEC |  |  |
Commitments and Contingent Liabilities |  |  |
Percentage of interest agreed to indemnify if GEC required to make any payments of principal or interest |  |  | 9.00%
Annual fee pay for acting as co-obligor |  |  | $ 950
Value of principal repayment included in maximum amount of Company's potential obligations |  |  | $ 63,100

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- Definition The percentage of expenses relating to the debt obligation due to the co-obligor as a result of the change in ownership and subsequent relief of debt obligation. + References No definition available. + Details
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