|
STATEMENTS OF INCOME (USD $) In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
6 Months Ended |
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
| Leasing activities: |
|
|
|
|
| Operating leases |
$ 1,342 |
$ 1,511 |
$ 2,817 |
$ 2,877 |
| Direct financing leases |
12 |
30 |
30 |
62 |
| Gain on sales of assets |
20 |
21 |
23 |
211 |
| Other revenue |
1 |
1 |
1 |
1 |
| Total revenues |
1,375 |
1,563 |
2,871 |
3,151 |
| Expenses: |
|
|
|
|
| Depreciation of operating lease assets |
259 |
361 |
571 |
692 |
| Asset management fees to Managing Member |
40 |
48 |
89 |
92 |
| Vessel maintenance |
226 |
178 |
423 |
343 |
| Railcar maintenance |
111 |
160 |
238 |
298 |
| Cost reimbursements to Managing Member |
73 |
|
289 |
679 |
| Other Management Fees |
36 |
37 |
75 |
70 |
| Professional fees |
35 |
17 |
81 |
65 |
| Insurance |
13 |
18 |
26 |
20 |
| Reversal of provision for doubtful accounts |
(18) |
|
(22) |
|
| Taxes on income and franchise fees |
29 |
3 |
41 |
3 |
| Other |
65 |
46 |
132 |
90 |
| Total operating expenses |
869 |
868 |
1,943 |
2,352 |
| Net income |
506 |
695 |
928 |
799 |
| Net income: |
|
|
|
|
| Managing Member |
|
|
|
|
| Other Members |
506 |
695 |
928 |
799 |
| Net income |
$ 506 |
$ 695 |
$ 928 |
$ 799 |
| Net income per Limited Liability Company Unit (Other Members) |
0.04 |
0.05 |
0.07 |
0.06 |
| Weighted average number of Units outstanding |
13,560,188 |
13,560,188 |
13,560,188 |
13,560,188 |