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Equipment Held for Sale
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Equipment Held for Sale Equipment Held for Sale
The Company's equipment held for sale is recorded at the lower of fair value less cost to sell, or carrying value at the time identified for sale. Fair value is measured using Level 2 inputs and is based predominantly on recent sales prices. 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 gain on sale of leasing equipment on the consolidated statements of operations (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Impairment (loss) reversal on equipment held for sale$(239)$76 $(398)$39 
Gain (loss) on sale of equipment, net of selling costs26,707 25,530 90,907 78,925 
Net gain on sale of leasing equipment$26,468 $25,606 $90,509 $78,964