XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS:    
Leasing equipment, net of accumulated depreciation of $2,634,305 and $2,533,446 $ 8,796,491 $ 8,923,451
Net investment in finance leases 465,480 478,065
Equipment held for sale 86,211 66,453
Revenue earning assets 9,348,182 9,467,969
Cash and cash equivalents 60,768 48,950
Restricted cash 116,551 110,589
Accounts receivable, net of allowances of $1,097 and $1,240 222,567 264,382
Goodwill 236,665 236,665
Lease intangibles, net of accumulated amortization of $216,340 and $205,532 82,117 92,925
Other assets 38,692 34,610
Fair value of derivative instruments 4,580 13,923
Total assets 10,110,122 10,270,013
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Equipment purchases payable 38,463 22,392
Fair value of derivative instruments 19,487 10,966
Accounts payable and other accrued expenses 112,357 99,885
Net deferred income tax liability 286,495 282,129
Debt, net of unamortized debt costs of $43,684 and $44,889 7,364,725 7,529,432
Total liabilities 7,821,527 7,944,804
Shareholders' equity:    
Preferred shares, $0.01 par value, 3,450,000 authorized, 3,450,000 and no shares issued and outstanding, respectively; at liquidation preference 86,250 0
Common shares, $0.01 par value, 270,000,000 shares authorized, 80,982,197 and 80,843,472 shares issued, respectively 811 809
Undesignated shares, $0.01 par value, 26,550,000 and 30,000,000 shares authorized, respectively, no shares issued and outstanding 0 0
Treasury shares, at cost, 4,489,682 and 1,853,148 shares, respectively (141,407) (58,114)
Additional paid-in capital 906,164 896,811
Accumulated earnings 1,400,491 1,349,627
Accumulated other comprehensive income (loss) (1,034) 14,563
Total shareholders' equity 2,251,275 2,203,696
Noncontrolling interests 37,320 121,513
Total equity 2,288,595 2,325,209
Total liabilities and equity $ 10,110,122 $ 10,270,013