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Leased Railcars | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Leased Railcars | Note 7 – Leased Railcars ﻿ Railcars available for lease at December 31, 2019 was $38,900 (cost of $43,045 and accumulated depreciation of $4,145) and at December 31, 2018 was $64,755 (cost of $70,850 and accumulated depreciation of $6,095). Depreciation expense on railcars available for lease was $1,365 a nd $1,458 for the years ended December 31, 2019 and 2018, respectively. ﻿ Leased railcars at December 31, 2019 are subject to lease agreements with external customers with remaining terms of up to five and a half years and are accounted for as operating leases. ﻿ Future minimum rental revenues on leases at December 31, 2019 are as follows: ﻿ ﻿
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﻿Year ending December 31, 2020 | $ | 5,461
﻿Year ending December 31, 2021 |  | 4,598
﻿Year ending December 31, 2022 |  | 4,205
﻿Year ending December 31, 2023 |  | 2,333
﻿Year ending December 31, 2024 |  | 1,545
﻿Thereafter |  | 515
﻿ | $ | 18,657
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- Definition The entire disclosure for leased railcars including: 1. The Company's policy for (a) classifying leased railcars as Inventory on lease (current assets) or Railcars available for lease (long-term assets) (b)Recognizing and reporting revenue from the sale of railcars classified as Inventory on lease versus Railcars available for lease. 2. Lease fleet utilization rate 3. Future minimal rental revenues + References No definition available. + Details
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- References No definition available. + Details
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Period Type: | duration