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Revenue Sources and Concentration of Sales | 12 Months Ended
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Dec. 31, 2023
Segment Reporting Information, Additional Information [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, |
|  | 2023 |  |  | 2022 |
Railcar sales |  | $ | 344,595 |  |  | $ | 349,556 |
Parts sales |  |  | 12,227 |  |  |  | 11,941 |
Revenues from contracts with customers |  |  | 356,822 |  |  |  | 361,497 |
Leasing revenues |  |  | 1,271 |  |  |  | 3,257 |
Total revenues |  | $ | 358,093 |  |  | $ | 364,754 |
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 19%, 16% and 15%, respectively, of revenues for the year ended December 31, 2023. Sales to the Company’s top three customers accounted for 20%, 19% and 16%, respectively, of revenues for the year ended December 31, 2022. The Company had no sales to customers outside the United States in 2023 and 2022. As of December 31, 2023, 28% of the accounts receivable balance of $6,408 reported on the consolidated balance sheet was receivable from one customer, and 19% and 17% was receivable from a second and third customer, respectively. As of December 31, 2022, 35% of the accounts receivable balance of $9,571 reported on the consolidated balance sheet was receivable from one customer and 29% was receivable from a second customer.

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