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Revenue Sources and Concentration of Sales
12 Months Ended
Dec. 31, 2017
Revenue Sources and Concentration of Sales [Abstract]  
Revenue Sources and Concentration of Sales

Note 20 – Revenue Sources and Concentration of Sales



The following table sets forth the Company’s sales resulting from various revenue sources for the periods indicated below:









 

 

 

 

 



Year ended December 31, 



2017

 

2016

 

2015



 

 

 

 

 

Railcar sales

$              398,095

 

$          513,543

 

$          743,135

Parts sales

8,874 

 

7,573 

 

9,845 

Leasing revenues

2,298 

 

2,605 

 

2,654 

Maintenance and repair revenues

77 

 

10 

 

17,020 

Other sales

130 

 

 -

 

200 



$              409,474

 

$          523,731

 

$          772,854



 

 

 

 

 

Due to the nature of its operations, the Company is subject to significant concentration of risks related to business with a few customers.  Sales to the Company’s top three customers accounted for 21%,  15% and 12%, respectively, of revenues for the year ended December 31, 2017. Sales to the Company’s top three customers accounted for 23%,  17% and 15%, respectively, of revenues for the year ended December 31, 2016. Sales to the Company’s top three customers accounted for 22%,  19% and 10%, respectively, of revenues for the year ended December 31, 2015.  The Company’s sales to customers outside the United States were $23,212,  $34,039 and $62,589 in 2017, 2016 and 2015, respectively.