XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.25.2

OPERATING LEASES - LESSOR | 6 Months Ended
--- | ---
Jun. 30, 2025
Leases [Abstract] |
OPERATING LEASES - LESSOR | OPERATING LEASES - LESSOR The Company provides financing for various types of equipment through operating leasing arrangements. The equipment leased to others is carried at cost less accumulated depreciation in other assets on our consolidated balance sheets. The Company had equipment leased to others of $25.6 million and $30.7 million at June 30, 2025 and December 31, 2024, respectively, net of accumulated depreciation of $16.9 million and $18.1 million at June 30, 2025 and December 31, 2024, respectively. The Company recorded lease income related to lease payments for operating leases in other income on our consolidated statements of income of $2.8 million and $4.4 million for the three months ended June 30, 2025 and 2024, respectively, and $5.9 million and $8.8 million for the six months ended June 30, 2025 and 2024, respectively. Depreciation expense related to leased equipment was $2.3 million and $3.4 million for the three months ended June 30, 2025 and 2024, respectively, and $4.6 million and $7.0 million for the six months ended June 30, 2025 and 2024, respectively. The Company performs assessment of the recoverability of long-lived assets when events or changes in circumstances indicate their carrying values may not be recoverable. The future lease payments receivable from operating leases as of June 30, 2025 are as follows:
(dollars in thousands) | Amount
Year ending December 31: |
2025 remaining | $ | 6,654 |
2026 | 3,038 |
2027 | 1,750 |
2028 | 773 |
2029 | 435 |
Thereafter | 48 |
Total future minimum lease payments | $ | 12,698 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration