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Reportable Segments (Tables) | 3 Months Ended
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Mar. 31, 2018
Reportable Segments |
Summary of the reportable segments |
|  | Leasing and |  |  |  |  |  |  |  |
Three months ended March 31, 2018 |  | Related Operations |  | Spare Parts Sales |  | Eliminations (1) |  | Total
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Lease rent revenue |  | $ | 39,644 |  | $ | — |  | $ | — |  | $ | 39,644
Maintenance reserve revenue |  |  | 15,440 |  |  | — |  |  | — |  |  | 15,440
Spare parts and equipment sales |  |  | — |  |  | 6,286 |  |  | — |  |  | 6,286
Gain on sale of leased equipment |  |  | 640 |  |  | — |  |  | — |  |  | 640
Other revenue |  |  | 1,851 |  |  | 1,113 |  |  | (1,082) |  |  | 1,882
Total revenue |  |  | 57,575 |  |  | 7,399 |  |  | (1,082) |  |  | 63,892
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization expense |  |  | 17,269 |  |  | 86 |  |  | — |  |  | 17,355
Cost of spare parts and equipment sales |  |  | — |  |  | 4,783 |  |  | — |  |  | 4,783
Write-down of equipment |  |  | — |  |  | — |  |  | — |  |  | —
General and administrative |  |  | 14,495 |  |  | 1,116 |  |  | — |  |  | 15,611
Technical expense |  |  | 3,677 |  |  | — |  |  | — |  |  | 3,677
Interest expense |  |  | 13,595 |  |  | — |  |  | — |  |  | 13,595
Total expenses |  |  | 49,036 |  |  | 5,985 |  |  | — |  |  | 55,021
Earnings from operations |  | $ | 8,539 |  | $ | 1,414 |  | $ | (1,082) |  | $ | 8,871
|  | Leasing and |  |  |  |  |  |  |  |
Three months ended March 31, 2017 |  | Related Operations |  | Spare Parts Sales |  | Eliminations (1) |  | Total
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Lease rent revenue |  | $ | 30,233 |  | $ | — |  | $ | — |  | $ | 30,233
Maintenance reserve revenue |  |  | 31,961 |  |  | — |  |  | — |  |  | 31,961
Spare parts sales and equipment sales |  |  | 6,425 |  |  | 6,171 |  |  | — |  |  | 12,596
Gain on sale of leased equipment |  |  | 983 |  |  | — |  |  | — |  |  | 983
Other revenue |  |  | 2,125 |  |  | 175 |  |  | (127) |  |  | 2,173
Total revenue |  |  | 71,727 |  |  | 6,346 |  |  | (127) |  |  | 77,946
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization expense |  |  | 16,540 |  |  | 88 |  |  | — |  |  | 16,628
Cost of spare parts and equipment sales (2) |  |  | 4,705 |  |  | 5,613 |  |  | — |  |  | 10,318
Write-down of equipment (2) |  |  | 12,091 |  |  | — |  |  | — |  |  | 12,091
General and administrative |  |  | 12,414 |  |  | 787 |  |  | — |  |  | 13,201
Technical expense |  |  | 2,292 |  |  | — |  |  |  |  |  | 2,292
Interest expense |  |  | 10,865 |  |  | — |  |  | — |  |  | 10,865
Total expenses |  |  | 58,907 |  |  | 6,488 |  |  | — |  |  | 65,395
Earnings (loss) from operations |  | $ | 12,820 |  | $ | (142) |  | $ | (127) |  | $ | 12,551
(1) Represents revenue generated between our operating segments.
(2) The amounts herein include reclassifications of scrap inventory write-offs and lower of cost or market write-downs that were previously presented within Write-down of equipment to the Costs of spare parts and equipment sales expense line item. The three months ended March 31, 2017 was impacted by a $0.9 million reclassification, reflected as an increase to Cost of spare parts and equipment sales and a decrease to Write-down of equipment.
Total assets as of March 31, 2018 |  | $ | 1,693,802 |  | $ | 30,703 |  | $ | — |  | $ | 1,724,505
Total assets as of December 31, 2017 |  | $ | 1,580,094 |  | $ | 23,337 |  | $ | — |  | $ | 1,603,431

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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