Revenue Sources and Concentration of Sales

12 Months Ended

Dec. 31, 2019

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,
	2019	2018

Railcar sales	$ 212,716	$ 296,394
Parts sales	10,699	14,180
Leasing revenues	6,452	5,886
Other sales	91	59
	$ 229,958	$ 316,519

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 15%, 12% and 12%, respectively, of revenues for the year ended December 31, 2019. Sales to the Company’s top three customers accounted for 26%, 19% and 10%, respectively, of revenues for the year ended December 31, 2018. The Company’s sales to customers outside the United States were $6,693 and $12,943 in 2019 and 2018, respectively.