|
Statements of Income (USD $) In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Leasing activities: |
|
|
|
|
| Operating leases |
$ 1,363 |
$ 1,574 |
$ 4,180 |
$ 4,451 |
| Direct financing leases |
11 |
28 |
41 |
90 |
| Gain on sales of assets |
89 |
31 |
112 |
242 |
| Other revenue |
1 |
13 |
2 |
14 |
| Total revenues |
1,464 |
1,646 |
4,335 |
4,797 |
| Expenses: |
|
|
|
|
| Depreciation of operating lease assets |
276 |
327 |
847 |
1,019 |
| Asset management fees to Managing Member |
45 |
52 |
134 |
144 |
| Vessel maintenance |
252 |
202 |
675 |
545 |
| Railcar maintenance |
128 |
266 |
366 |
564 |
| Cost reimbursements to Managing Member |
72 |
|
361 |
679 |
| Other management fees |
40 |
37 |
115 |
107 |
| Professional fees |
47 |
20 |
128 |
85 |
| Insurance |
14 |
14 |
40 |
34 |
| Reversal of provision for doubtful accounts |
|
|
(22) |
|
| Taxes on income and franchise fees |
|
1 |
41 |
4 |
| Other |
64 |
29 |
196 |
119 |
| Total operating expenses |
938 |
948 |
2,881 |
3,300 |
| Net income |
526 |
698 |
1,454 |
1,497 |
| Net income: |
|
|
|
|
| Managing Member |
|
|
|
|
| Other Members |
526 |
698 |
1,454 |
1,497 |
| Net income |
$ 526 |
$ 698 |
$ 1,454 |
$ 1,497 |
| Net income per Limited Liability Company Unit (Other Members) |
0.04 |
0.05 |
0.11 |
0.11 |
| Weighted average number of Units outstanding |
13,560,188 |
13,560,188 |
13,560,188 |
13,560,188 |