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Revenue Sources and Concentration of Sales

12 Months Ended

Dec. 31, 2020

Revenue Sources and Concentration of Sales [Abstract]

Revenue Sources and Concentration of Sales

Note 19 – 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,
		2020		2019

Railcar sales	$	94,455	$	212,716
Parts sales		9,597		10,699
Leasing revenues		4,395		6,452
Other sales		-		91
	$	108,447	$	229,958

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 44%, 21% and 12%, respectively, of revenues for the year ended December 31, 2020. Sales to the Company’s top three customers accounted for 15%, 12% and 12%, respectively, of revenues for the year ended December 31, 2019. The Company’s sales to customers outside the United States were $1,350 and $6,693 in 2020 and 2019, respectively.