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v3.19.3.a.u2

Segment and Geographic Information (Details) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2019 USD ($) | Sep. 30, 2019 USD ($) | Jun. 30, 2019 USD ($) | Mar. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) | Sep. 30, 2018 USD ($) | Jun. 30, 2018 USD ($) | Mar. 31, 2018 USD ($) | Dec. 31, 2019 USD ($) segment | Dec. 31, 2018 USD ($) | Dec. 31, 2017 USD ($)
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Number of Reportable Segments | segment |  |  |  |  |  |  |  |  | 2 |  |
Operating and Capital Leases Income Statement Lease Revenue | $ 331,176 | $ 336,668 | $ 338,566 | $ 340,859 | $ 355,357 | $ 350,078 | $ 329,771 | $ 315,097 | $ 1,347,269 | $ 1,350,303 | $ 1,163,517
Equipment trading revenues |  |  |  |  |  |  |  |  | 83,993 | 83,039 | 37,419
Gross Profit | 2,275 | 4,150 | 4,496 | 3,587 | 6,126 | 5,810 | 3,994 | 2,991 | 14,508 | 18,921 | 4,184
Net (gain) loss on sale of leasing equipment | (4,857) | $ (6,196) | $ (7,519) | $ (8,469) | (7,999) | $ (7,055) | $ (11,105) | $ (9,218) | (27,041) | (35,377) | (35,812)
Depreciation and amortization expense |  |  |  |  |  |  |  |  | 536,131 | 545,138 | 500,720
Interest and debt expense |  |  |  |  |  |  |  |  | 316,170 | 322,731 | 282,347
Realized loss on derivative instruments, net |  |  |  |  |  |  |  |  | (2,237) | (2,072) | 900
Income before income taxes |  |  |  |  |  |  |  |  | 386,480 | 433,833 | 265,828
Equipment held for sale | 114,504 |  |  |  | 66,453 |  |  |  | 114,504 | 66,453 | 43,195
Goodwill at the end of the period | 236,665 |  |  |  | 236,665 |  |  |  | 236,665 | 236,665 | 236,665
Total assets at the end of the period | 9,642,633 |  |  |  | 10,270,013 |  |  |  | 9,642,633 | 10,270,013 | 9,577,625
Purchases of leasing equipment and investments in finance leases |  |  |  |  |  |  |  |  | 240,170 | 1,603,507 | 1,562,863
Unrealized (gain) loss on derivative instruments |  |  |  |  |  |  |  |  | 3,107 | 430 | (1,397)
Write-off of debt costs |  |  |  |  |  |  |  |  | 2,543 | 6,090 | 6,973
Net gain on sale of building |  |  |  |  |  |  |  |  | 0 | 20,953 | 0
Costs and Expenses |  |  |  |  |  |  |  |  | 691,662 | 673,354 | 657,075
Intersegment Eliminations [Member] |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Equipment trading revenues |  |  |  |  |  |  |  |  | 0 | 0 |
Costs and Expenses |  |  |  |  |  |  |  |  | 0 | 0 |
Equipment leasing |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Operating and Capital Leases Income Statement Lease Revenue |  |  |  |  |  |  |  |  | 1,344,733 | 1,346,031 | 1,160,196
Gross Profit |  |  |  |  |  |  |  |  | 0 | 0 | 0
Net (gain) loss on sale of leasing equipment |  |  |  |  |  |  |  |  | (27,041) | (35,377) | (35,812)
Depreciation and amortization expense |  |  |  |  |  |  |  |  | 535,427 | 544,167 | 500,099
Interest and debt expense |  |  |  |  |  |  |  |  | 314,805 | 321,290 | 280,909
Realized loss on derivative instruments, net |  |  |  |  |  |  |  |  | (2,229) | (2,066) | 900
Income before income taxes |  |  |  |  |  |  |  |  | 374,418 | 416,270 | 262,574
Equipment held for sale | 89,755 |  |  |  | 46,968 |  |  |  | 89,755 | 46,968 | 31,534
Goodwill at the end of the period | 220,864 |  |  |  | 220,864 |  |  |  | 220,864 | 220,864 | 220,864
Total assets at the end of the period | 9,596,263 |  |  |  | 10,224,421 |  |  |  | 9,596,263 | 10,224,421 | 9,534,330
Purchases of leasing equipment and investments in finance leases |  |  |  |  |  |  |  |  | 240,170 | 1,603,507 | 1,562,863
Equipment trading |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |
Operating and Capital Leases Income Statement Lease Revenue |  |  |  |  |  |  |  |  | 2,536 | 4,272 | 3,321
Gross Profit |  |  |  |  |  |  |  |  | 14,508 | 18,921 | 4,184
Net (gain) loss on sale of leasing equipment |  |  |  |  |  |  |  |  | 0 | 0 | 0
Depreciation and amortization expense |  |  |  |  |  |  |  |  | 704 | 971 | 621
Interest and debt expense |  |  |  |  |  |  |  |  | 1,365 | 1,441 | 1,438
Realized loss on derivative instruments, net |  |  |  |  |  |  |  |  | (8) | (6) | 0
Income before income taxes |  |  |  |  |  |  |  |  | 12,062 | 17,563 | 3,254
Equipment held for sale | 24,749 |  |  |  | 19,485 |  |  |  | 24,749 | 19,485 | 11,661
Goodwill at the end of the period | 15,801 |  |  |  | 15,801 |  |  |  | 15,801 | 15,801 | 15,801
Total assets at the end of the period | $ 46,370 |  |  |  | $ 45,592 |  |  |  | 46,370 | 45,592 | 43,295
Purchases of leasing equipment and investments in finance leases |  |  |  |  |  |  |  |  | $ 0 | $ 0 | $ 0

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