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Equipment Held for Sale (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Disclosure of Long Lived Assets Held-for-sale [Table Text Block] The following table summarizes the fair value of equipment held for sale in the consolidated balance sheet that have been impaired and written down to fair value less cost to sell. Fair value is measured using Level 2 inputs and is based on recent sales prices and other factors.
 
December 31, 2019
December 31, 2018
Equipment held for sale
$
11,797

$
5,750



An impairment charge is recorded when the carrying value of the asset exceeds its fair value less cost to sell. The following table summarizes the Company's net impairment charges recorded in net gains or losses on sale of leasing equipment held for sale on the consolidated statements of operations (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Impairment (loss) reversal on equipment held for sale
$
(5,299
)
 
$
(3,933
)
 
$
3

Gain (loss) on sale of equipment, net of selling costs
32,340

 
39,310

 
35,809

Net gain on sale of leasing equipment
$
27,041

 
$
35,377

 
$
35,812