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Risk Management - Risk Concentrations and Interest Rate Risk | 12 Months Ended
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Dec. 31, 2016
Risk Management - Risk Concentrations and Interest Rate Risk |
Risk Management - Risk Concentrations and Interest Rate Risk | (8) Risk Management — Risk Concentrations and Interest Rate Risk Risk Concentrations Financial instruments which potentially subject us to concentrations of credit risk consist principally of cash deposits, lease receivables and interest rate swaps. We place our cash deposits with financial institutions and other creditworthy institutions such as money market funds and limit the amount of credit exposure to any one party. We opt for security of principal as opposed to yield. Concentrations of credit risk with respect to lease receivables are limited due to the large number of customers comprising our customer base, and their dispersion across different geographic areas. Some lessees are required to make payments for maintenance reserves at the end of the lease however, our risk is considered limited due to the relatively few lessees which have this provision in the lease. We enter into interest rate swap agreements with counterparties that are investment grade financial institutions. Interest Rate Risk Management To mitigate exposure to interest rate changes, we periodically enter into interest rate swap agreements. As of December 31, 2016, one swap agreement had a notional outstanding amount of $100.0 million, a remaining term of 52 months. In 2016, 2015 and 2014, $25,000, nil, and ($0.5 million) was realized through the income statement as an increase (decrease) in interest expense, respectively.

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- Definition The entire disclosure for any concentrations and interest rate risk existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration and interest rate, and may indicate the percentage of concentration and interest rate risk as of the balance sheet date. + References No definition available. + Details
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