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Commitments and Contingencies
6 Months Ended
Jun. 30, 2016
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

NOTE 7.

Commitments and Contingencies

 

In the second quarter of 2016, we committed to acquire 4,500 53’ containers.  We expect the total purchase price of these containers to be approximately $43 million.  We expect to take delivery of the equipment between July and November 2016.  We will be financing the purchase of this equipment with secured fixed rate debt.