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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Leasing revenues:    
Operating leases $ 330,422 $ 310,231
Finance leases 10,437 4,866
Total leasing revenues 340,859 315,097
Equipment trading revenues 17,828 13,375
Equipment trading expenses (14,241) (10,384)
Trading margin 3,587 2,991
Net gain on sale of leasing equipment 8,469 9,218
Operating expenses:    
Depreciation and amortization 134,609 130,433
Direct operating expenses 16,802 11,048
Administrative expenses 18,187 19,582
Transaction and other (income) costs 0 (29)
Provision (reversal) for doubtful accounts (142) (101)
Total operating expenses 169,456 160,933
Operating income (loss) 183,459 166,373
Other expenses:    
Interest and debt expense 83,520 75,098
Realized (gain) loss on derivative instruments, net (704) (248)
Unrealized (gain) loss on derivative instruments, net 986 (1,186)
Debt termination expense 0  
Other (income) expense, net (1,004) (659)
Total other expenses 82,798 73,005
Income (loss) before income taxes 100,661 93,368
Income tax expense (benefit) 7,850 10,503
Net income 92,811 82,865
Less: income (loss) attributable to noncontrolling interest 592 1,973
Redeemable Preferred Stock Dividends 305 0
Net income (loss) attributable to common shareholders $ 91,914 $ 80,892
Net income per common share—Basic $ 1.18 $ 1.01
Net income per common share—Diluted 1.17 1.00
Cash dividends paid per common share $ 0.52 $ 0.45
Weighted average number of common shares outstanding—Basic 77,721 79,968
Dilutive restricted shares 549 604
Weighted average number of common shares outstanding—Diluted 78,270 80,572