General Finance (GFNCP) 10-Q 6 Feb 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2016	Feb. 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	GFN
Entity Registrant Name	General Finance CORP
Entity Central Index Key	1,342,287
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		26,354,663

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Assets
Cash and cash equivalents	$ 6,388	$ 9,342
Trade and other receivables, net of allowance for doubtful accounts of $8,876 and $6,946 at June 30, 2016 and December 31, 2016, respectively	46,660	38,067
Inventories	31,515	34,609
Prepaid expenses and other	9,301	9,366
Property, plant and equipment, net	25,053	26,951
Lease fleet, net	420,344	419,345
Goodwill	103,107	102,546
Other intangible assets, net	30,643	33,348
Total assets	673,011	673,574
Liabilities
Trade payables and accrued liabilities	38,686	43,476
Income taxes payable		175
Unearned revenue and advance payments	14,635	14,085
Senior and other debt, net	361,350	352,220
Deferred tax liabilities	39,040	39,006
Total liabilities	453,711	448,962
Commitments and contingencies (Note 9)
Equity
Cumulative preferred stock, $.0001 par value: 1,000,000 shares authorized; 400,100 shares issued and outstanding (in series) and liquidation value of $40,722 at June 30, 2016 and December 31, 2016	40,100	40,100
Common stock, $.0001 par value: 100,000,000 shares authorized; 26,218,772 and 26,354,663 shares issued and outstanding at June 30, 2016 and December 31, 2016, respectively	3	3
Additional paid-in capital	121,187	122,568
Accumulated other comprehensive loss	(10,942)	(14,129)
Accumulated deficit	(15,926)	(10,010)
Total General Finance Corporation stockholders' equity	134,422	138,532
Equity of noncontrolling interests	84,878	86,080
Total equity	219,300	224,612
Total liabilities and equity	$ 673,011	$ 673,574

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Statement of Financial Position [Abstract]
Allowance for doubtful accounts on trade and other receivables	$ 6,946	$ 8,876
Cumulative preferred stock, par value	$ 0.0001	$ 0.0001
Cumulative preferred stock, shares authorized	1,000,000	1,000,000
Cumulative preferred stock, shares issued	400,100	400,100
Cumulative preferred stock, shares outstanding	400,100	400,100
Cumulative preferred stock, liquidation value	$ 40,722	$ 40,722
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	26,354,663	26,218,772
Common stock, shares outstanding	26,354,663	26,218,772

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Sales:
Lease inventories and fleet	$ 25,387	$ 36,706	$ 45,759	$ 57,027
Manufactured units	1,663	2,485	2,757	4,622
Total sales revenue	27,050	39,191	48,516	61,649
Leasing	45,277	44,076	86,609	85,404
Total revenues	72,327	83,267	135,125	147,053
Costs and expenses
Lease inventories and fleet (exclusive of the items shown separately below)	18,140	28,039	31,972	42,584
Manufactured units	2,115	3,509	3,527	6,333
Direct costs of leasing operations	18,658	17,622	36,518	34,197
Selling and general expenses	16,429	16,174	32,957	32,938
Depreciation and amortization	9,888	9,235	19,391	18,314
Operating income	7,097	8,688	10,760	12,687
Interest income	13	20	36	37
Interest expense	(5,016)	(4,965)	(9,847)	(9,980)
Foreign currency exchange gain (loss) and other	189	(611)	94	(503)
Total costs and expenses	(4,814)	(5,556)	(9,717)	(10,446)
Income before provision for income taxes	2,283	3,132	1,043	2,241
Provision for income taxes	913	1,252	417	896
Net income	1,370	1,880	626	1,345
Preferred stock dividends	(922)	(922)	(1,844)	(1,844)
Noncontrolling interests	(1,087)	(861)	(1,558)	(1,424)
Net income (loss) attributable to common stockholders	$ (639)	$ 97	$ (2,776)	$ (1,923)
Net income (loss) per common share:
Basic	$ (0.02)	$ 0	$ (0.11)	$ (0.07)
Diluted	$ (0.02)	$ 0	$ (0.11)	$ (0.07)
Weighted average shares outstanding:
Basic	26,300,061	26,029,117	26,259,433	26,018,997
Diluted	26,300,061	26,321,491	26,259,433	26,018,997

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income/Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,370	$ 1,880	$ 626	$ 1,345
Other comprehensive income (loss):
Change in fair value of interest rate swap, net of income tax effect	149	88	278	118
Cumulative translation adjustment	(6,483)	5,163	(3,644)	(5,457)
Total comprehensive income (loss)	(4,964)	7,131	(2,740)	(3,994)
Allocated to noncontrolling interests	2,353	(3,541)	11	905
Comprehensive income (loss) allocable to General Finance Corporation stockholders	$ (2,611)	$ 3,590	$ (2,729)	$ (3,089)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income/Loss (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Change in fair value of interest rate swap, income tax provision (benefit)	$ 6	$ 154	$ (6)	$ 239

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Equity (Unaudited) - 6 months ended Dec. 31, 2016 - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Deficit [Member]	Total General Finance Corporation Stockholders' Equity [Member]	Equity of Noncontrolling Interests [Member]	Cumulative Preferred Stock [Member]
Balance at June 30, 2016 at Jun. 30, 2016	$ 224,612	$ 3	$ 122,568	$ (14,129)	$ (10,010)	$ 138,532	$ 86,080	$ 40,100
Share-based compensation	191		443			443	(252)
Preferred stock dividends	(1,844)		(1,844)			(1,844)
Dividends and distributions by subsidiaries	(939)						(939)
Issuance of shares of common stock	20		20			20
Grant of 22,112 shares of common stock	0	0	0	0	0	0	0	0
Grant of shares, restricted stock	0	0	0	0	0	0	0	0
Net income (loss)	626				(932)	(932)	1,558
Fair value change in derivative, net of related tax effect	278			142		142	136
Cumulative translation adjustment	(3,644)			(1,939)		(1,939)	(1,705)
Total comprehensive loss	(2,740)					(2,729)	(11)
Ending Balance at Dec. 31, 2016	$ 219,300	$ 3	$ 121,187	$ (15,926)	$ (10,942)	$ 134,422	$ 84,878	$ 40,100

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) - shares	Oct. 12, 2016	Dec. 31, 2016
Issuance of shares of common stock on exercises of stock options		14,000
Grant of shares of common stock		0
Restricted stock granted		99,779
Officer [Member]
Grant of shares of common stock	22,112	22,112

Condensed Consolidated Stateme9

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Cash Flows [Abstract]
Net cash provided by operating activities (Note 10)	$ 10,911	$ 25,437
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(4,993)	(15,477)
Proceeds from sales of property, plant and equipment	165	10,551
Purchases of property, plant and equipment	(1,727)	(2,489)
Proceeds from sales of lease fleet	10,964	13,900
Purchases of lease fleet	(26,057)	(31,232)
Other intangible assets	(345)	(58)
Net cash used in investing activities	(21,993)	(24,805)
Cash flows from financing activities:
Repayments of equipment financing activities	(253)	(404)
Proceeds from senior and other debt borrowings, net	11,762	6,264
Deferred financing costs	(260)	(72)
Proceeds from issuances of common stock	20
Dividends and distributions by subsidiaries	(939)	(1,949)
Preferred stock dividends	(1,844)	(1,844)
Net cash provided by financing activities	8,486	1,995
Net increase (decrease) in cash	(2,596)	2,627
Cash and equivalents at beginning of period	9,342	3,716
The effect of foreign currency translation on cash	(358)	(2,071)
Cash and equivalents at end of period	$ 6,388	$ 4,272

Condensed Consolidated Statem10

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Cash Flows [Abstract]
Business acquisition cost holdback and other adjustment	$ 376	$ 1,804

Organization and Business Opera

Organization and Business Operations	6 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Operations	Note 1. Organization and Business Operations General Finance Corporation (“GFN”) was incorporated in Delaware in October 2005. References to the “Company” in these Notes are to GFN and its consolidated subsidiaries. These subsidiaries include GFN U.S. Australasia Holdings, Inc., a Delaware corporation (“GFN U.S.”); GFN Insurance Corporation, an Arizona corporation (“GFNI”); GFN North America Leasing Corporation, a Delaware corporation (“GFNNA Leasing”); GFN North America Corp., a Delaware corporation (“GFNNA”); GFN Realty Company, LLC, a Delaware limited liability company (“GFNRC”); GFN Manufacturing Corporation, a Delaware corporation (“GFNMC”), and its 90%-owned subsidiary, Southern Frac, LLC, a Texas limited liability company (collectively “Southern Frac”); over 50%-owned Royal Wolf Holdings Limited, an Australian corporation publicly traded on the Australian Securities Exchange (“RWH”), and its Australian and New Zealand subsidiaries (collectively, “Royal Wolf”); Pac-Van, “Pac-Van”); The Company does business in three distinct, but related industries, mobile storage, modular space and liquid containment (which are collectively referred to as the “portable services industry”), in two geographic areas; the Asia-Pacific (or Pan-Pacific) Pac-Van

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with United States generally accepted accounting principles (“U.S. GAAP”) applicable to interim financial information and the instructions to Form 10-Q Regulation S-X. 10-K for Unless otherwise indicated, references to “FY 2016” and “FY 2017” are to the quarter ended December 31, 2015 and 2016, respectively. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include assumptions used in assigning value to identifiable intangible assets at the acquisition date, the assessment for impairment of goodwill, the assessment for impairment of other intangible assets, the allowance for doubtful accounts, share-based compensation expense, residual value of the lease fleet and deferred tax assets and liabilities. Assumptions and factors used in the estimates are evaluated on an annual basis or whenever events or changes in circumstances indicate that the previous assumptions and factors have changed. The results of the analysis could result in adjustments to estimates. Inventories Inventories are comprised of the following (in thousands): June 30, December 31, 2016 2016 Finished goods $ 29,790 $ 26,588 Work in progress 2,298 2,502 Raw materials 2,521 2,425 $ 34,609 $ 31,515 Property, Plant and Equipment Property, plant and equipment consist of the following (in thousands): Estimated Useful Life June 30, December 31, 2016 2016 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,887 4,887 Transportation and plant equipment (including capital lease assets) 3 — 20 years 38,424 38,389 Furniture, fixtures and office equipment 3 — 10 years 9,531 10,224 55,010 55,668 Less accumulated depreciation and amortization (28,059) (30,615) $ 26,951 $ 25,053 Lease Fleet The Company has a fleet of storage, portable building, office and portable liquid storage tank containers, mobile offices, modular buildings and steps that it primarily leases to customers under operating lease agreements with varying terms. Units in the lease fleet are also available for sale. The cost of sales of a unit in the lease fleet is recognized at the carrying amount at the date of sale. At June 30, 2016 and December 31, 2016, the gross costs of the lease fleet were $503,817,000 and $513,212,000, respectively. Goodwill and Other Intangible Assets The purchase consideration of acquired businesses have been allocated to the assets and liabilities acquired based on the estimated fair values on the respective acquisition dates (see Note 4). Based on these values, the excess purchase consideration over the fair value of the net assets acquired was allocated to goodwill. The Company accounts for goodwill in accordance with FASB ASC Topic 350, Intangibles — Goodwill and Other. Pac-Van, The Company assesses the potential impairment of goodwill on an annual basis or if a determination is made based on a qualitative assessment that it is more likely than not (i.e., greater than 50%) that the fair value of the reporting unit is less than its carrying amount. At March 31, 2016, the Company determined that qualitative factors in its North American leasing and manufacturing operations, pertaining primarily to conditions in the oil and gas market, required an update of the step one impairment analysis for Lone Star and Southern Frac. This updated analysis calculated that even though the excess of the estimated fair value of Lone Star over the carrying value of its invested capital declined, its implied value of goodwill was still greater than its carrying value. However, the Company determined that the implied value of Southern Frac’s goodwill was less than the carrying value of its goodwill, resulting in an impairment charge of $2,681,000 at March 31, 2016. At June 30, 2016, the annual step one impairment analysis performed on the North American reporting units, Pac-Van Other intangible assets include those with indefinite (trademark and trade name) and finite (primarily customer base and lists, non-compete June 30, 2016 December 31, 2016 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (302 ) $ 5,184 $ 5,484 $ (453) $ 5,031 Customer base and lists 50,669 (30,064 ) 20,605 46,379 (27,537) 18,842 Non-compete 14,169 (9,810 ) 4,359 9,513 (5,655) 3,858 Deferred financing costs 3,589 (2,381 ) 1,208 3,820 (2,784) 1,036 Other 3,447 (1,455 ) 1,992 3,602 (1,726) 1,876 $ 77,360 $ (44,012 ) $ 33,348 $ 68,798 $ (38,155) $ 30,643 Net Income per Common Share Basic net income per common share is computed by dividing net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the periods. Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The potential dilutive securities (common stock equivalents) the Company had outstanding were stock options. The following is a reconciliation of weighted average shares outstanding used in calculating earnings per common share: Quarter Ended December 31, Six Months Ended December 31, 2015 2016 2015 2016 Basic 26,029,117 26,300,061 26,018,997 26,259,433 Assumed exercise of stock options 292,374 — — — Diluted 26,321,491 26,300,061 26,018,997 26,259,433 Potential common stock equivalents totaling 1,809,483 and 2,101,857 for the quarter ended December 31, 2015 and FY 2016, respectively, and 1,460,862 for both the quarter ended December 31, 2016 and FY 2017 have been excluded from the computation of diluted earnings per share because the effect is anti-dilutive. Recently Issued Accounting Pronouncements In April 2015, the FASB issued ASU No. 2015-03, Imputation of Interest (Subtopic 835-30). No. 2015-15 2015-03 line-of-credit line-of-credit line-of-credit In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09 , Revenue from Contracts with Customers Topic 606) 2014-09 2014-09 2014-09 2015-14 No. 2016-08 2014-09 2014-09 2014-09 In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases (Topic 842) off-balance No. 2016-02, “right-of-use” right-of-use No. 2016-02 No. 2016-02 No. 2016-02 In August 2016, the FASB issued No. ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory 2016-16 In October 2016, the FASB issued ASU No. 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common 2016-17 is

Equity Transactions

Equity Transactions	6 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Equity Transactions	Note 3. Equity Transactions Preferred Stock Upon issuance of shares of preferred stock, the Company records the liquidation value as the preferred equity in the consolidated balance sheet, with any underwriting discount and issuance or offering costs recorded as a reduction in additional paid-in Series B Preferred Stock The Company has outstanding privately-placed 8.00% Series B Cumulative Preferred Stock, par value of $0.0001 per share and liquidation value of $1,000 per share (“Series B Preferred Stock”). The Series B Preferred Stock is offered primarily in connection with business combinations. At June 30, 2016 and December 31, 2016, the Company had outstanding 100 shares of Series B Preferred Stock with an aggregate liquidation preference totaling $102,000. The Series B Preferred Stock is not convertible into GFN common stock, has no voting rights, except as required by Delaware law, and is redeemable after February 1, 2014; at which time it may be redeemed at any time, in whole or in part, at the Company’s option. Holders of the Series B Preferred Stock are entitled to receive, when declared by the Company’s Board of Directors, annual dividends payable quarterly in arrears on the 31 st th Series C Preferred Stock The Company has outstanding publicly-traded 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock, liquidation preference $100.00 per share (the “Series C Preferred Stock”). At June 30, 2016 and December 31, 2016, the Company had outstanding 400,000 shares of Series C Preferred Stock with an aggregate liquidation preference totaling $40,620,000. Dividends on the Series C Preferred Stock are cumulative from the date of original issue and will be payable on the 31 st th non-consecutive Dividends As of December 31, 2016, since issuance, dividends paid or payable totaled $81,000 for the Series B Preferred Stock and dividends paid totaled $12,630,000 for the Series C Preferred Stock. The characterization of dividends to the recipients for Federal income tax purposes is made based upon the earnings and profits of the Company, as defined by the Internal Revenue Code. Royal Wolf Dividends On August 12, 2015, the Board of Directors of Royal Wolf declared a dividend of AUS$0.05 per RWH share payable on October 2, 2015 to shareholders of record on September 17, 2015. On August 10, 2016, the Board of Directors of Royal Wolf declared a dividend of AUS$0.025 per RWH share payable on October 4, 2016 to shareholders of record on September 16, 2016. The consolidated financial statements reflect the amount of the dividends pertaining to the noncontrolling interest.

Acquisitions

Acquisitions	6 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Acquisitions	Note 4. Acquisitions The Company can enhance its business and market share by entering into new markets in various ways, including starting up a new location or acquiring a business consisting of container, modular unit or mobile office assets of another entity. An acquisition generally provides the Company with operations that enables it to at least cover existing overhead costs and is preferable to a start-up On July 22, 2016, the Company, through Pac-Van, On July 27, 2016, the Company, through Pac-Van, On December 1, 2016, the Company, through Royal Wolf, purchased the container businesses of All Direct Container Sales Pty Limited and ADC Storage Pty Limited as Trustee for the ADC Storage Unit Trust (collectively “All Direct”), for $3,040,000 (AUS$4,109,000), which included holdback and other adjustment amounts totaling $154,000 (AUS$209,000). All Direct leases and sells containers in the southeast Queensland market, particularly in the Brisbane, Gold Coast and Toowoomba regions. The preliminary allocation for the acquisition in FY 2017 to tangible and intangible assets acquired and liabilities assumed based on their estimated fair market values was as follows (in thousands): GCC July 22, 2016 CSS July 27, 2016 All Direct December 1, 2016 Total Fair value of the net tangible assets acquired and liabilities assumed: Trade and other receivables $ 5 $ 57 $ — $ 62 Inventories 66 211 — 277 Property, plant and equipment 23 44 44 111 Lease fleet 352 615 1,646 2,613 Accounts payables and accrued liabilities — (7) (45) (52) Unearned revenue and advance payments (21) (36) — (57) Deferred income taxes — (241) — (241) Total net tangible assets acquired and liabilities assumed 425 643 1,645 2,713 Fair value of intangible assets acquired: Non-compete 21 29 334 384 Customer lists/relationships 138 312 711 1,161 Goodwill 78 683 350 1,111 Total intangible assets acquired 237 1,024 1,395 2,656 Total purchase consideration $ 662 $ 1,667 $ 3,040 $ 5,369 The FY 2017 operating results of all acquisitions prior to and since their respective dates of acquisition were not considered significant. Goodwill recognized is attributable primarily to expected corporate synergies, the assembled workforce and other factors. The goodwill recognized in the GCC, CSS and All Direct acquisitions are not deductible for U.S. income tax purposes. The Company incurred approximately $65,000 and $109,000 and $20,000 and $37,000 during the quarter ended December 31, 2015 and FY 2016 and during the quarter ended December 31, 2016 and FY 2017, respectively, of incremental transaction costs associated with acquisition-related activity that were expensed as incurred and are included in selling and general expenses in the accompanying consolidated statements of operations.

Senior and Other Debt

Senior and Other Debt	6 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Senior and Other Debt	Note 5. Senior and Other Debt Asia-Pacific Leasing Senior Credit Facility Royal Wolf has a $108,102,000 (AUS$150,000,000) secured senior credit facility, as amended, under a common terms deed arrangement with the Australia and New Zealand Banking Group Limited (“ANZ”) and Commonwealth Bank of Australia (“CBA”) (the “ANZ/CBA Credit Facility”). Under the common deed arrangement of the ANZ/CBA Credit Facility, ANZ’s proportionate share of the borrowing capacity is $64,861,000 (AUS$90,000,000) and CBA’s proportionate share is $43,241,000 (AUS$60,000,000). The ANZ/CBA Credit Facility has $72,068,000 (AUS$100,000,000) maturing on January 31, 2022 (Facility A), and $36,034,000 (AUS$50,000,000) maturing on July 31, 2019 (Facility B). Borrowings under the ANZ/CBA Credit Facility bear interest at the bank bill swap interest rate in Australia (“BBSY”) or New Zealand (“BKBM”), plus a margin of 1.40% - 2.40% per annum on Facility A and 1.35% - 2.40% on Facility B, depending on the net debt leverage ratio (“NDLR”), as defined. The CBA proportionate share has a margin of 1.75% - 2.65% per annum on Facility A and 1.45% - 2.35% on Facility B. At December 31, 2016, the 30-day 90-day sub-facilities non-operating At December 31, 2016, total borrowings and availability under the ANZ/CBA Credit Facility totaled $83,787,000 (AUS$116,261,000) and $8,330,000 (AUS$11,558,000), respectively. Of the total borrowings, $69,506,000 (AUS$96,445,000) is drawn under Facility A and $14,281,000 (AUS$19,816,000) is drawn under Facility B. The above amounts were translated based upon the exchange rate of one Australian dollar to $0.72068 U.S. dollar at December 31, 2016. North America Senior Credit Facility The North America leasing (Pac-Van The Wells Fargo Credit Facility includes a $20,000,000 real estate sub-facility Pac-Van Pac-Van Borrowings under the Wells Fargo Credit Facility accrue interest, at the Company’s option, either at the base rate, plus 0.5% and a range of 1.00% to 1.50%, or the LIBOR rate, plus 1.0% and a range of 2.50% to 3.00%. Borrowings under the $20,000,000 real estate sub-facility Credit Suisse Term Loan On March 31, 2014, the Company entered into a $25,000,000 facility agreement, as amended, with Credit Suisse (“Credit Suisse Term Loan”) as part of the financing for the acquisition of Lone Star and, on April 3, 2014, the Company borrowed the $25,000,000 available to it. The Credit Suisse Term Loan provides that the amount borrowed will bear interest at LIBOR plus 7.50% per year, will be payable quarterly and that all principal and interest will mature on July 1, 2017. In addition, the Credit Suisse Term Loan is secured by a first ranking pledge over substantially all shares of RWH owned by GFN U.S., requires a certain coverage maintenance ratio in U.S. dollars based on the value of the RWH shares and, among other things, that an amount equal to six-months Senior Notes At December 31, 2016, the Company has outstanding publicly-traded senior notes (“Senior Notes”) in an aggregate principal amount of $72,000,000 ($70,104,000, net of unamortized debt issuance costs of $1,896,000). The Senior Notes were issued in minimum denominations of $25 and integral multiples of $25 in excess thereof and pursuant to the First Supplemental Indenture (the “First Supplemental Indenture”) dated as of June 18, 2014 by and between the Company and Wells Fargo, as trustee (the “Trustee”). The First Supplemental Indenture supplements the Indenture entered into by and between the Company and the Trustee dated as of June 18, 2014 (the “Base Indenture” and, together with the First Supplemental Indenture, the “Indenture”). The Senior Notes bear interest at the rate of 8.125% per annum, mature on July 31, 2021 and are not subject to any sinking fund. Interest on the Senior Notes is payable quarterly in arrears on January 31, April 30, July 31 and October 31, commencing on July 31, 2014. The Senior Notes rank equally in right of payment with all of the Company’s existing and future unsecured senior debt and senior in right of payment to all of its existing and future subordinated debt. The Senior Notes are effectively subordinated to any of the Company’s existing and future secured debt, to the extent of the value of the assets securing such debt. The Senior Notes are structurally subordinated to all existing and future liabilities of the Company’s subsidiaries and are not guaranteed by any of the Company’s subsidiaries. The Company may, at its option, prior to July 31, 2017, redeem the Senior Notes in whole or in part upon the payment of 100% of the principal amount of the Senior Notes being redeemed plus any additional amount required by the Indenture. In addition, the Company may from time to time redeem up to 35% of the aggregate outstanding principal amount of the Senior Notes before July 31, 2017 with the net cash proceeds from certain equity offerings at a redemption price of 108.125% of the principal amount plus accrued and unpaid interest. If the Company sells certain of its assets or experiences specific kinds of changes in control, as defined, it must offer to redeem the Senior Notes. The Company may, at its option, at any time and from time to time, on or after July 31, 2017, redeem the Senior Notes in whole or in part. The Senior Notes will be redeemable at a redemption price initially equal to 106.094% of the principal amount of the Senior Notes (and which declines each year on July 31) plus accrued and unpaid interest to the date of redemption. On and after any redemption date, interest will cease to accrue on the redeemed Senior Notes. The Indenture contains covenants which, among other things, limit the Company’s ability to make certain payments, to pay dividends and to incur additional indebtedness if the incurrence of such indebtedness would cause the company’s consolidated fixed charge coverage ratio, as defined in the Indenture, to be below 2.0 to 1.0. The Senior Notes are listed on NASDAQ under the symbol “GFNSL.” Other At December 31, 2016, other debt totaled $9,490,000. The Company was in compliance with the financial covenants under all its credit facilities as of December 31, 2016. The weighted-average interest rate in the Asia-Pacific area was 5.6% and 4.9% and 5.5% and 4.9% in the quarter ended December 31, 2015 and 2016 and in FY 2016 and FY 2017, respectively; which does not include the effect of translation, interest rate swap contracts and options and the amortization of deferred financing costs. The weighted-average interest rate in North America was 4.8% and 5.0% and 4.9% and 5.0% in the quarter ended December 31, 2015 and 2016 and in FY 2016 and FY 2017, respectively, which does not include the effect of the amortization of deferred financing costs and accretion of interest.

Financial Instruments

Financial Instruments	6 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Note 6. Financial Instruments Fair Value Measurements FASB ASC Topic 820, Fair Value Measurements and Disclosures Level 1 - Observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2 - Observable inputs, other than Level 1 inputs in active markets, that are observable either directly or indirectly; and Level 3 - Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The Company’s derivative instruments are not traded on a market exchange; therefore, the fair values are determined using valuation models that include assumptions about yield curve at the reporting dates as well as counter-party credit risk. The assumptions are generally derived from market-observable data. The Company has consistently applied these calculation techniques to all periods presented, which are considered Level 2. Derivative instruments measured at fair value and their classification in the consolidated balances sheets and statements of operations are as follows (in thousands): Derivative - Fair Value (Level 2) Type of Derivative Contract Balance Sheet Classification June 30, 2016 December 31, 2016 Swap Contracts and Options (Caps and Collars) Trade payables and accrued liabilities $ 871 $ 437 Forward Exchange Contracts Trade and other receivables — 148 Forward Exchange Contracts Trade payables and accrued liabilities 255 — Quarter Ended December 31, Six Months Ended December 31, Type of Derivative Contract Statement of Operations Classification 2015 2016 2015 2016 Forward Exchange Contracts Unrealized foreign currency exchange gain (loss) and other $ (1,085 ) $ 354 $ (323 ) $ 435 Interest Rate Swap Contracts The Company’s exposure to market risk for changes in interest rates relates primarily to its senior and other debt obligations. The Company’s policy is to manage its interest expense by using a mix of fixed and variable rate debt. To manage its exposure to variable interest rates in a cost-efficient manner, the Company enters into interest rate swaps and interest rate options, in which the Company agrees to exchange, at specified intervals, the difference between fixed and variable interest amounts calculated by reference to an agreed-upon notional principal amount. These swaps and options are designated to hedge changes in the interest rate of a portion of the outstanding borrowings in the Asia-Pacific area. In August 2012, the Company entered into an interest swap contract that was designated as a cash flow hedge. This cash flow hedge was determined to be highly effective and, therefore, changes in the fair value of the effective portion were recorded in accumulated other comprehensive income. The Company expects this derivative to remain effective during the term of the swap; however, any changes in the portion of the hedge considered ineffective would be recorded in interest expense in the consolidated statement of operations. There was no ineffective portion recorded in FY 2016 and FY 2017. The Company’s interest rate derivative instruments are not traded on a market exchange; therefore, the fair values are determined using valuation models which include assumptions about the interest rate yield curve at the reporting dates (Level 2 fair value measurement). As of June 30, 2016 and December 31, 2016, there was one open interest rate swap contract that was designated as a cash flow hedge and matures in June 2017, as follows (dollars in thousands): June 30, 2016 December 31, 2016 Swap Option (Cap) Swap Option Notional amounts $ 37,213 $ — $ 36,034 $ — Fixed/Strike Rates 3.98% — 3.98% — Floating Rates 1.90% — 1.69% — Fair Value of Combined Contracts $ (871) $ — $ (437) $ — Foreign Currency Risk The Company has transactional currency exposures. Such exposure arises from sales or purchases in currencies other than the functional currency. The currency giving rise to this risk is primarily U.S. dollars. Royal Wolf has a bank account denominated in U.S. dollars into which a small number of customers pay their debts. This is a natural hedge against fluctuations in the exchange rate. The funds are then used to pay suppliers, avoiding the need to convert to Australian dollars. Royal Wolf uses forward currency and participating forward contracts to eliminate the currency exposures on the majority of its transactions denominated in foreign currencies, either by transaction if the amount is significant, or on a general cash flow hedge basis. The forward currency and participating forward contracts are always in the same currency as the hedged item. The Company believes that financial instruments designated as foreign currency hedges are highly effective. However documentation of such as required by ASC Topic 815 does not exist. Therefore, all movements in the fair values of these hedges are reported in the statement of operations in the period in which fair values change. As of June 30, 2016, there were 49 open forward exchange contracts that mature between July 2016 and November 2016; and as of December 31, 2016, there were 17 open forward exchange contracts that mature between January 2017 and April 2017, as follows (dollars in thousands): June 30, 2016 September 30, 2016 Forward Exchange Participating Forward Forward Exchange Participating Forward Notional amounts $ 8,617 $ — $ 4,009 $ — Exchange/Strike Rates (AUD to USD) 0.6460 – 0.7803 — 0.69479 – 0.76530 — Fair Value of Combined Contracts $ (255) $ — $ 148 $ — For the quarter ended December 31, 2015 and 2016, net unrealized and realized foreign exchange gains (losses) totaled $286,000 and $25,000, and $(392,000) and $134,000, respectively. In FY 2016 and FY 2017, net unrealized and realized foreign exchange gains (losses) totaled $(368,000) Fair Value of Other Financial Instruments The fair value of the Company’s borrowings under the Senior Notes was determined based on a Level 1 input and for borrowings under its senior credit facilities and Credit Suisse Term Loan determined based on Level 3 inputs; including a comparison to a group of comparable industry debt issuances (“Industry Comparable Debt Issuances”) and a study of credit (“Credit Spread Analysis”). Under the Industry Comparable Debt Issuance method, the Company compared the debt facilities to several industry comparable debt issuances. This method consisted of an analysis of the offering yields compared to the current yields on publicly traded debt securities. Under the Credit Spread Analysis, the Company first examined the implied credit spreads of the United States Federal Reserve. Based on this analysis the Company was able to assess the credit market. The fair value of the Company’s senior credit facilities as of June 30, 2016 was determined to be approximately $336,901,000. The Company also determined that the fair value of its other debt of $8,818,000 at June 30, 2016, approximated or would not vary significantly from their carrying values. The Company believes that market conditions at December 31, 2016 have not changed significantly from June 30, 2016. Therefore, the proportion of the fair value to the carrying value of the Company’s senior credit facilities and other debt at December 31, 2016 would not vary significantly from the proportion determined at June 30, 2016. Under the provisions of FASB ASC Topic 825, Financial Instruments,

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related-Party Transactions	Note 7. Related-Party Transactions Effective January 31, 2008, the Company entered into a lease with an affiliate of the Company’s chief executive officer for its corporate headquarters in Pasadena, California. The rent is $7,393 per month, effective March 1, 2009, plus allocated charges for common area maintenance, real property taxes and insurance, for approximately 3,000 square feet of office space. The term of the lease is five years, with two five-year renewal options, and the rent is adjusted yearly based on the consumer price index. On October 11, 2012, the Company exercised its option to renew the lease for an additional five-year term commencing February 1, 2013. Rental payments were $27,000 and $28,000 during the quarter ended December 31, 2015 and 2016 and $55,000 and $56,000 during FY 2016 and FY 2017, respectively. The premises of Pac-Van’s two-year

Equity Plans

Equity Plans	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity Plans	Note 8. Equity Plans On September 11, 2014, the Board of Directors of the Company adopted the 2014 Stock Incentive Plan (the “2014 Plan”), which was approved by the stockholders at the Company’s annual meeting on December 4, 2014 and amended and restated by the stockholders at the annual meeting on December 3, 2015. The 2014 Plan is an “omnibus” incentive plan permitting a variety of equity programs designed to provide flexibility in implementing equity and cash awards, including incentive stock options, nonqualified stock options, restricted stock grants (“non-vested There have been no grants or awards of restricted stock units, stock appreciation rights, performance stock or performance units under the Stock Incentive Plan. All grants to-date non-qualified non-qualified non-vested Since inception, the range of the fair value of the stock options granted (other than to non-employee Fair value of stock options $0.81 - $6.35 Assumptions used: Risk-free interest rate 1.19% - 4.8% Expected life (in years) 7.5 Expected volatility 26.5% - 84.6% Expected dividends — At December 31, 2016, there were no significant outstanding stock options held by non-employee Number of Options (Shares) Weighted- Average Exercise Price Weighted- Average Remaining Contractual Outstanding at June 30, 2016 2,183,224 $ 5.30 Granted — — Exercised (14,000) 1.43 Forfeited or expired (232,667) 7.33 Outstanding at December 31, 2016 1,936,557 $ 5.08 4.6 Vested and expected to vest at December 31, 2016 1,936,557 $ 5.08 4.6 Exercisable at December 31, 2016 1,605,523 $ 4.97 3.8 At December 31, 2016, outstanding time-based options and performance-based options totaled 1,180,847 A deduction is not allowed for U.S. income tax purposes with respect to non-qualified paid-in A summary of the Company’s non-vested Shares Weighted- Average Nonvested at June 30, 2016 373,507 $ 4.20 Granted 99,779 4.23 Vested (176,998) 4.29 Forfeited — — Nonvested at December 31, 2016 296,288 $ 4.15 Share-based compensation of $1,801,000 related to non-vested non-vested On October 12, 2016, the Company granted a total of 22,112 equity shares to an officer of GFN at a value equal to the closing market price of the Company’s common stock as of that date, or $4.45 per share. The fair value of this equity share grant of $98,000 has been recognized in the consolidated statements of operations, with a corresponding benefit to equity. Royal Wolf Long Term Incentive Plan Royal Wolf established the Royal Wolf Long Term Incentive Plan (the “LTI Plan”) in conjunction with its initial public offering in May 2011. Under the LTI Plan, the RWH Board of Directors may grant, at its discretion, options, performance rights and/or restricted shares of RWH capital stock to Royal Wolf employees and executive directors. Vesting terms and conditions may be up to four years and, generally, will be subject to performance criteria based primarily on enhancing shareholder returns using a number of key financial benchmarks, including EBITDA. In addition, unless the RWH Board determines otherwise, if an option, performance right or restricted share has not lapsed or been forfeited earlier, it will terminate at the seventh anniversary from the date of grant. It is intended that up to one percent of RWH’s outstanding capital stock will be reserved for grant under the LTI Plan and a trust will be established to hold RWH shares for this purpose. However, so long as the Company holds more than 50% of the outstanding shares of RWH capital stock, RWH shares reserved for grant under the LTI Plan are required to be purchased in the open market unless the Company agrees otherwise. The LTI Plan, among other provisions, does not permit the transfer, sale, mortgage or encumbering of options, performance rights and restricted shares without the prior approval of the RWH Board. In the event of a change of control, the RWH Board, at its discretion, will determine whether, and how many, unvested options, performance rights and restricted shares will vest. In addition, if, in the RWH Board’s opinion, a participant acts fraudulently or dishonestly or is in breach of his obligations to Royal Wolf, the RWH Board may deem any options, performance rights and restricted shares held by or reserved for the participant to have lapsed or been forfeited. As of December 31, 2016, Royal Wolf has granted, net of forfeitures, 2,835,723 performance rights to key management personnel under the LTI Plan. Also, as of December 31, 2016, 642,582 of the performance rights have been converted into RWH capital stock through purchases in the open market. In FY 2016 and FY 2017, share-based compensation of $377,000 and $(522,000), respectively, related to the LTI Plan has been recognized in the consolidated statements of operations, with a corresponding offset to equity.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9. Commitments and Contingencies The Company is not involved in any material lawsuits or claims arising out of the normal course of business. The nature of its business is such that disputes can occasionally arise with employees, vendors (including suppliers and subcontractors) and customers over warranties, contract specifications and contract interpretations among other things. The Company assesses these matters on a case-by-case

Cash Flows from Operating Activ

Cash Flows from Operating Activities and Other Financial Information	6 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Cash Flows from Operating Activities and Other Financial Information	Note 10. Cash Flows from Operating Activities and Other Financial Information The following table provides a detail of cash flows from operating activities (in thousands): Six Months Ended December 31, 2015 2016 Cash flows from operating activities Net income $ 1,345 $ 626 Adjustments to reconcile net income to cash flows from operating activities: Gain on sales and disposals of property, plant and equipment (114) (61) Gain on sales of lease fleet (3,312) (428) Gain on bargain purchase of business (72) — Unrealized foreign exchange loss 368 545 Unrealized loss (gain) on forward exchange contracts 323 (435) Depreciation and amortization 18,722 19,787 Amortization of deferred financing costs 778 700 Accretion of interest 296 135 Share-based compensation expense 1,353 191 Deferred income taxes (691) (482) Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions): Trade and other receivables, net 4,480 (7,034) Inventories (1,627) 2,829 Prepaid expenses and other (600) (2) Trade payables, accrued liabilities and unearned revenues 5,405 (4,243) Income taxes (1,217) (1,217) Net cash provided by operating activities $ 25,437 $ 10,911

Segment Reporting

Segment Reporting	6 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Note 11. Segment Reporting We have two geographic areas that include four operating segments; the Asia-Pacific area, consisting of the leasing operations of Royal Wolf, and North America, consisting of the combined leasing operations of Pac-Van Transactions between reportable segments included in the tables below are recorded on an arms-length basis at market in conformity with U.S. GAAP and the Company’s significant accounting policies (see Note 2). The tables below represent the Company’s revenues from external customers, share-based compensation expense, depreciation and amortization, operating income, interest income and expense, expenditures for additions to long-lived assets (consisting of lease fleet and property, plant and equipment), long-lived assets and goodwill; as attributed to its geographic and operating segments (in thousands): Quarter Ended December 31, 2016 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Leasing Consolidated Revenues: Sales $ 11,781 $ - $ 11,781 $ 1,933 $ (270) $ 13,444 $ 13,606 $ 27,050 Leasing 24,757 4,176 28,933 - (43) 28,890 16,387 45,277 $ 36,538 $ 4,176 $ 40,714 $ 1,933 $ (313) $ 42,334 $ 29,993 $ 72,327 Share-based compensation $ 72 $ 10 $ 82 $ 22 $ 298 $ 402 $ 194 $ 596 Depreciation and amortization $ 3,429 $ 2,422 $ 5,851 $ 198 $ (181) $ 5,868 $ 4,218 $ 10,086 Operating income $ 6,195 $ (1,231) $ 4,964 $ (733) $ (1,090) $ 3,141 $ 3,956 $ 7,097 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 12 $ 13 Interest expense $ 1,726 $ 294 $ 2,020 $ 94 $ 1,819 $ 3,933 $ 1,083 $ 5,016 Six Months Ended December 31, 2016 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 22,211 $ - $ 22,211 $ 3,584 $ (827) $ 24,968 $ 23,548 $ 48,516 Leasing 48,106 7,996 56,102 - (96) 56,006 30,603 86,609 $ 70,317 $ 7,996 $ 78,313 $ 3,584 $ (923) $ 80,974 $ 54,151 $ 135,125 Share-based compensation $ 147 $ 20 $ 167 $ 44 $ 502 $ 713 $ (522) $ 191 Depreciation and amortization $ 6,885 $ 4,847 $ 11,732 $ 396 $ (367) $ 11,761 $ 8,026 $ 19,787 Operating income $ 10,247 $ (2,677) $ 7,570 $ (1,351) $ (2,278) $ 3,941 $ 6,819 $ 10,760 Interest income $ - $ - $ - $ - $ 9 $ 9 $ 27 $ 36 Interest expense $ 3,370 $ 575 $ 3,945 $ 175 $ 3,628 $ 7,748 $ 2,099 $ 9,847 Additions to long-lived assets $ 14,475 $ 47 $ 14,522 $ - $ (150) $ 14,372 $ 13,412 $ 27,784 At December 31, 2016 Long-lived assets $ 244,013 $ 55,360 $ 299,373 $ 2,922 $ (10,798) $ 291,497 $ 153,900 $ 445,397 Goodwill $ 55,838 $ 20,782 $ 76,620 $ - $ - $ 76,620 $ 26,487 $ 103,107 At June 30, 2016 Long-lived assets $ 239,459 $ 58,492 $ 297,951 $ 3,318 $ (10,975) $ 290,294 $ 156,002 $ 446,296 Goodwill $ 55,122 $ 20,782 $ 75,904 $ - $ - $ 75,904 $ 26,642 $ 102,546 Quarter Ended December 31, 2015 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 13,766 $ - $ 13,766 $ 2,617 $ (132) $ 16,251 $ 22,940 $ 39,191 Leasing 23,092 6,714 29,806 - (33) 29,773 14,303 44,076 $ 36,858 $ 6,714 $ 43,572 $ 2,617 $ (165) $ 46,024 $ 37,243 $ 83,267 Share-based compensation $ 97 $ 10 $ 107 $ 37 $ 337 $ 481 $ 246 $ 727 Depreciation and amortization $ 3,286 $ 2,627 $ 5,913 $ 260 $ (185) $ 5,988 $ 3,448 $ 9,436 Operating income $ 6,617 $ 386 $ 7,003 $ (1,351) $ (1,089) $ 4,563 $ 4,125 $ 8,688 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 19 $ 20 Interest expense $ 1,403 $ 382 $ 1,785 $ 70 $ 1,886 $ 3,741 $ 1,224 $ 4,965 Six Months Ended December 31, 2015 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 23,019 $ - $ 23,019 $ 4,782 $ (160) $ 27,641 $ 34,008 $ 61,649 Leasing 43,886 13,679 57,565 - (66) 57,499 27,905 85,404 $ 66,905 $ 13,679 $ 80,584 $ 4,782 $ (226) $ 85,140 $ 61,913 $ 147,053 Share-based compensation $ 199 $ 20 $ 219 $ 74 $ 683 $ 976 $ 377 $ 1,353 Depreciation and amortization $ 6,350 $ 5,299 $ 11,649 $ 526 $ (372) $ 11,803 $ 6,919 $ 18,722 Operating income $ 10,293 $ 496 $ 10,789 $ (2,498) $ (2,425) $ 5,866 $ 6,821 $ 12,687 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 36 $ 37 Interest expense $ 2,740 $ 780 $ 3,520 $ 128 $ 3,842 $ 7,490 $ 2,490 $ 9,980 Additions to long-lived assets $ 20,033 $ 169 $ 20,202 $ 165 $ (9) $ 20,358 $ 13,363 $ 33,721 Intersegment net revenues related to the sales of primarily portable liquid storage containers from Southern Frac to the North American leasing operations totaled and $132,000 and $160,000 during the quarter ended December 31, 2015 and FY 2016 and $270,000 and $827,000 during the quarter ended December 31, 2016 and FY 2017, respectively.

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 12. Subsequent Events On January 17, 2017, the Company announced that its Board of Directors declared a cash dividend of $2.30 per share on the Series C Preferred Stock (see Note 3). The dividend is for the period commencing on October 31, 2016 through January 30, 2017, and is payable on January 31, 2017 to holders of record as of January 30, 2017.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with United States generally accepted accounting principles (“U.S. GAAP”) applicable to interim financial information and the instructions to Form 10-Q Regulation S-X. 10-K for Unless otherwise indicated, references to “FY 2016” and “FY 2017” are to the quarter ended December 31, 2015 and 2016, respectively.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include assumptions used in assigning value to identifiable intangible assets at the acquisition date, the assessment for impairment of goodwill, the assessment for impairment of other intangible assets, the allowance for doubtful accounts, share-based compensation expense, residual value of the lease fleet and deferred tax assets and liabilities. Assumptions and factors used in the estimates are evaluated on an annual basis or whenever events or changes in circumstances indicate that the previous assumptions and factors have changed. The results of the analysis could result in adjustments to estimates.
Inventories	Inventories Inventories are comprised of the following (in thousands): June 30, December 31, 2016 2016 Finished goods $ 29,790 $ 26,588 Work in progress 2,298 2,502 Raw materials 2,521 2,425 $ 34,609 $ 31,515
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consist of the following (in thousands): Estimated Useful Life June 30, December 31, 2016 2016 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,887 4,887 Transportation and plant equipment (including capital lease assets) 3 — 20 years 38,424 38,389 Furniture, fixtures and office equipment 3 — 10 years 9,531 10,224 55,010 55,668 Less accumulated depreciation and amortization (28,059) (30,615) $ 26,951 $ 25,053
Lease Fleet	Lease Fleet The Company has a fleet of storage, portable building, office and portable liquid storage tank containers, mobile offices, modular buildings and steps that it primarily leases to customers under operating lease agreements with varying terms. Units in the lease fleet are also available for sale. The cost of sales of a unit in the lease fleet is recognized at the carrying amount at the date of sale. At June 30, 2016 and December 31, 2016, the gross costs of the lease fleet were $503,817,000 and $513,212,000, respectively.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The purchase consideration of acquired businesses have been allocated to the assets and liabilities acquired based on the estimated fair values on the respective acquisition dates (see Note 4). Based on these values, the excess purchase consideration over the fair value of the net assets acquired was allocated to goodwill. The Company accounts for goodwill in accordance with FASB ASC Topic 350, Intangibles — Goodwill and Other. Pac-Van, The Company assesses the potential impairment of goodwill on an annual basis or if a determination is made based on a qualitative assessment that it is more likely than not (i.e., greater than 50%) that the fair value of the reporting unit is less than its carrying amount. At March 31, 2016, the Company determined that qualitative factors in its North American leasing and manufacturing operations, pertaining primarily to conditions in the oil and gas market, required an update of the step one impairment analysis for Lone Star and Southern Frac. This updated analysis calculated that even though the excess of the estimated fair value of Lone Star over the carrying value of its invested capital declined, its implied value of goodwill was still greater than its carrying value. However, the Company determined that the implied value of Southern Frac’s goodwill was less than the carrying value of its goodwill, resulting in an impairment charge of $2,681,000 at March 31, 2016. At June 30, 2016, the annual step one impairment analysis performed on the North American reporting units, Pac-Van Other intangible assets include those with indefinite (trademark and trade name) and finite (primarily customer base and lists, non-compete June 30, 2016 December 31, 2016 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (302 ) $ 5,184 $ 5,484 $ (453) $ 5,031 Customer base and lists 50,669 (30,064 ) 20,605 46,379 (27,537) 18,842 Non-compete 14,169 (9,810 ) 4,359 9,513 (5,655) 3,858 Deferred financing costs 3,589 (2,381 ) 1,208 3,820 (2,784) 1,036 Other 3,447 (1,455 ) 1,992 3,602 (1,726) 1,876 $ 77,360 $ (44,012 ) $ 33,348 $ 68,798 $ (38,155) $ 30,643
Net Income per Common Share	Net Income per Common Share Basic net income per common share is computed by dividing net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the periods. Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The potential dilutive securities (common stock equivalents) the Company had outstanding were stock options. The following is a reconciliation of weighted average shares outstanding used in calculating earnings per common share: Quarter Ended December 31, Six Months Ended December 31, 2015 2016 2015 2016 Basic 26,029,117 26,300,061 26,018,997 26,259,433 Assumed exercise of stock options 292,374 — — — Diluted 26,321,491 26,300,061 26,018,997 26,259,433 Potential common stock equivalents totaling 1,809,483 and 2,101,857 for the quarter ended December 31, 2015 and FY 2016, respectively, and 1,460,862 for both the quarter ended December 31, 2016 and FY 2017 have been excluded from the computation of diluted earnings per share because the effect is anti-dilutive.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In April 2015, the FASB issued ASU No. 2015-03, Imputation of Interest (Subtopic 835-30). No. 2015-15 2015-03 line-of-credit line-of-credit line-of-credit In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09 , Revenue from Contracts with Customers Topic 606) 2014-09 2014-09 2014-09 2015-14 No. 2016-08 2014-09 2014-09 2014-09 In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases (Topic 842) off-balance No. 2016-02, “right-of-use” right-of-use No. 2016-02 No. 2016-02 No. 2016-02 In August 2016, the FASB issued No. ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory 2016-16 In October 2016, the FASB issued ASU No. 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common 2016-17 is
Preferred Stock	Preferred Stock Upon issuance of shares of preferred stock, the Company records the liquidation value as the preferred equity in the consolidated balance sheet, with any underwriting discount and issuance or offering costs recorded as a reduction in additional paid-in
Fair Value Measurements	Fair Value Measurements FASB ASC Topic 820, Fair Value Measurements and Disclosures Level 1 - Observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2 - Observable inputs, other than Level 1 inputs in active markets, that are observable either directly or indirectly; and Level 3 - Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The Company’s derivative instruments are not traded on a market exchange; therefore, the fair values are determined using valuation models that include assumptions about yield curve at the reporting dates as well as counter-party credit risk. The assumptions are generally derived from market-observable data. The Company has consistently applied these calculation techniques to all periods presented, which are considered Level 2.
Stock option or incentive stock option	A deduction is not allowed for U.S. income tax purposes with respect to non-qualified paid-in
Segment Reporting	We have two geographic areas that include four operating segments; the Asia-Pacific area, consisting of the leasing operations of Royal Wolf, and North America, consisting of the combined leasing operations of Pac-Van Transactions between reportable segments included in the tables below are recorded on an arms-length basis at market in conformity with U.S. GAAP and the Company’s significant accounting policies (see Note 2).

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Inventories	Inventories are comprised of the following (in thousands): June 30, December 31, 2016 2016 Finished goods $ 29,790 $ 26,588 Work in progress 2,298 2,502 Raw materials 2,521 2,425 $ 34,609 $ 31,515
Property, Plant and Equipment	Property, plant and equipment consist of the following (in thousands): Estimated Useful Life June 30, December 31, 2016 2016 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,887 4,887 Transportation and plant equipment (including capital lease assets) 3 — 20 years 38,424 38,389 Furniture, fixtures and office equipment 3 — 10 years 9,531 10,224 55,010 55,668 Less accumulated depreciation and amortization (28,059) (30,615) $ 26,951 $ 25,053
Schedule of Other Intangible Assets	Other intangible assets include those with indefinite (trademark and trade name) and finite (primarily customer base and lists, non-compete June 30, 2016 December 31, 2016 Gross Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (302 ) $ 5,184 $ 5,484 $ (453) $ 5,031 Customer base and lists 50,669 (30,064 ) 20,605 46,379 (27,537) 18,842 Non-compete 14,169 (9,810 ) 4,359 9,513 (5,655) 3,858 Deferred financing costs 3,589 (2,381 ) 1,208 3,820 (2,784) 1,036 Other 3,447 (1,455 ) 1,992 3,602 (1,726) 1,876 $ 77,360 $ (44,012 ) $ 33,348 $ 68,798 $ (38,155) $ 30,643
Reconciliation of Weighted Average Shares Outstanding	The following is a reconciliation of weighted average shares outstanding used in calculating earnings per common share: Quarter Ended December 31, Six Months Ended December 31, 2015 2016 2015 2016 Basic 26,029,117 26,300,061 26,018,997 26,259,433 Assumed exercise of stock options 292,374 — — — Diluted 26,321,491 26,300,061 26,018,997 26,259,433

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Fair Market Values of Tangible and Intangible Assets and Liabilities	The preliminary allocation for the acquisition in FY 2017 to tangible and intangible assets acquired and liabilities assumed based on their estimated fair market values was as follows (in thousands): GCC July 22, 2016 CSS July 27, 2016 All Direct December 1, 2016 Total Fair value of the net tangible assets acquired and liabilities assumed: Trade and other receivables $ 5 $ 57 $ — $ 62 Inventories 66 211 — 277 Property, plant and equipment 23 44 44 111 Lease fleet 352 615 1,646 2,613 Accounts payables and accrued liabilities — (7) (45) (52) Unearned revenue and advance payments (21) (36) — (57) Deferred income taxes — (241) — (241) Total net tangible assets acquired and liabilities assumed 425 643 1,645 2,713 Fair value of intangible assets acquired: Non-compete 21 29 334 384 Customer lists/relationships 138 312 711 1,161 Goodwill 78 683 350 1,111 Total intangible assets acquired 237 1,024 1,395 2,656 Total purchase consideration $ 662 $ 1,667 $ 3,040 $ 5,369

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments at Fair Value, Classification in Consolidated Balances Sheets	Derivative instruments measured at fair value and their classification in the consolidated balances sheets and statements of operations are as follows (in thousands): Derivative - Fair Value (Level 2) Type of Derivative Contract Balance Sheet Classification June 30, 2016 December 31, 2016 Swap Contracts and Options (Caps and Collars) Trade payables and accrued liabilities $ 871 $ 437 Forward Exchange Contracts Trade and other receivables — 148 Forward Exchange Contracts Trade payables and accrued liabilities 255 —
Derivative Instruments at Fair Value, Statements of Operations	Quarter Ended December 31, Six Months Ended December 31, Type of Derivative Contract Statement of Operations Classification 2015 2016 2015 2016 Forward Exchange Contracts Unrealized foreign currency exchange gain (loss) and other $ (1,085 ) $ 354 $ (323 ) $ 435
Open Interest Rate Swap Contract	As of June 30, 2016 and December 31, 2016, there was one open interest rate swap contract that was designated as a cash flow hedge and matures in June 2017, as follows (dollars in thousands): June 30, 2016 December 31, 2016 Swap Option (Cap) Swap Option Notional amounts $ 37,213 $ — $ 36,034 $ — Fixed/Strike Rates 3.98% — 3.98% — Floating Rates 1.90% — 1.69% — Fair Value of Combined Contracts $ (871) $ — $ (437) $ —
Open Forward Exchange and Participating Forward Contracts	As of June 30, 2016, there were 49 open forward exchange contracts that mature between July 2016 and November 2016; and as of December 31, 2016, there were 17 open forward exchange contracts that mature between January 2017 and April 2017, as follows (dollars in thousands): June 30, 2016 September 30, 2016 Forward Exchange Participating Forward Forward Exchange Participating Forward Notional amounts $ 8,617 $ — $ 4,009 $ — Exchange/Strike Rates (AUD to USD) 0.6460 – 0.7803 — 0.69479 – 0.76530 — Fair Value of Combined Contracts $ (255) $ — $ 148 $ —

Equity Plans (Tables)

Equity Plans (Tables)	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Fair Value of Stock Options Granted	Since inception, the range of the fair value of the stock options granted (other than to non-employee Fair value of stock options $0.81 - $6.35 Assumptions used: Risk-free interest rate 1.19% - 4.8% Expected life (in years) 7.5 Expected volatility 26.5% - 84.6% Expected dividends —
Stock Option Activity and Related Information	A summary of the Company’s stock option activity and related information for FY 2017 follows: Number of Options (Shares) Weighted- Average Exercise Price Weighted- Average Remaining Contractual Outstanding at June 30, 2016 2,183,224 $ 5.30 Granted — — Exercised (14,000) 1.43 Forfeited or expired (232,667) 7.33 Outstanding at December 31, 2016 1,936,557 $ 5.08 4.6 Vested and expected to vest at December 31, 2016 1,936,557 $ 5.08 4.6 Exercisable at December 31, 2016 1,605,523 $ 4.97 3.8
Summary of Non-Vested Equity Share Activity	A summary of the Company’s non-vested Shares Weighted- Average Nonvested at June 30, 2016 373,507 $ 4.20 Granted 99,779 4.23 Vested (176,998) 4.29 Forfeited — — Nonvested at December 31, 2016 296,288 $ 4.15

Cash Flows from Operating Act28

Cash Flows from Operating Activities and Other Financial Information (Tables)	6 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Summary of Cash Flows from Operating Activities	The following table provides a detail of cash flows from operating activities (in thousands): Six Months Ended December 31, 2015 2016 Cash flows from operating activities Net income $ 1,345 $ 626 Adjustments to reconcile net income to cash flows from operating activities: Gain on sales and disposals of property, plant and equipment (114) (61) Gain on sales of lease fleet (3,312) (428) Gain on bargain purchase of business (72) — Unrealized foreign exchange loss 368 545 Unrealized loss (gain) on forward exchange contracts 323 (435) Depreciation and amortization 18,722 19,787 Amortization of deferred financing costs 778 700 Accretion of interest 296 135 Share-based compensation expense 1,353 191 Deferred income taxes (691) (482) Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions): Trade and other receivables, net 4,480 (7,034) Inventories (1,627) 2,829 Prepaid expenses and other (600) (2) Trade payables, accrued liabilities and unearned revenues 5,405 (4,243) Income taxes (1,217) (1,217) Net cash provided by operating activities $ 25,437 $ 10,911

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Summary of Segment Reporting Information	The tables below represent the Company’s revenues from external customers, share-based compensation expense, depreciation and amortization, operating income, interest income and expense, expenditures for additions to long-lived assets (consisting of lease fleet and property, plant and equipment), long-lived assets and goodwill; as attributed to its geographic and operating segments (in thousands): Quarter Ended December 31, 2016 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Leasing Consolidated Revenues: Sales $ 11,781 $ - $ 11,781 $ 1,933 $ (270) $ 13,444 $ 13,606 $ 27,050 Leasing 24,757 4,176 28,933 - (43) 28,890 16,387 45,277 $ 36,538 $ 4,176 $ 40,714 $ 1,933 $ (313) $ 42,334 $ 29,993 $ 72,327 Share-based compensation $ 72 $ 10 $ 82 $ 22 $ 298 $ 402 $ 194 $ 596 Depreciation and amortization $ 3,429 $ 2,422 $ 5,851 $ 198 $ (181) $ 5,868 $ 4,218 $ 10,086 Operating income $ 6,195 $ (1,231) $ 4,964 $ (733) $ (1,090) $ 3,141 $ 3,956 $ 7,097 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 12 $ 13 Interest expense $ 1,726 $ 294 $ 2,020 $ 94 $ 1,819 $ 3,933 $ 1,083 $ 5,016 Six Months Ended December 31, 2016 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 22,211 $ - $ 22,211 $ 3,584 $ (827) $ 24,968 $ 23,548 $ 48,516 Leasing 48,106 7,996 56,102 - (96) 56,006 30,603 86,609 $ 70,317 $ 7,996 $ 78,313 $ 3,584 $ (923) $ 80,974 $ 54,151 $ 135,125 Share-based compensation $ 147 $ 20 $ 167 $ 44 $ 502 $ 713 $ (522) $ 191 Depreciation and amortization $ 6,885 $ 4,847 $ 11,732 $ 396 $ (367) $ 11,761 $ 8,026 $ 19,787 Operating income $ 10,247 $ (2,677) $ 7,570 $ (1,351) $ (2,278) $ 3,941 $ 6,819 $ 10,760 Interest income $ - $ - $ - $ - $ 9 $ 9 $ 27 $ 36 Interest expense $ 3,370 $ 575 $ 3,945 $ 175 $ 3,628 $ 7,748 $ 2,099 $ 9,847 Additions to long-lived assets $ 14,475 $ 47 $ 14,522 $ - $ (150) $ 14,372 $ 13,412 $ 27,784 At December 31, 2016 Long-lived assets $ 244,013 $ 55,360 $ 299,373 $ 2,922 $ (10,798) $ 291,497 $ 153,900 $ 445,397 Goodwill $ 55,838 $ 20,782 $ 76,620 $ - $ - $ 76,620 $ 26,487 $ 103,107 At June 30, 2016 Long-lived assets $ 239,459 $ 58,492 $ 297,951 $ 3,318 $ (10,975) $ 290,294 $ 156,002 $ 446,296 Goodwill $ 55,122 $ 20,782 $ 75,904 $ - $ - $ 75,904 $ 26,642 $ 102,546 Quarter Ended December 31, 2015 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 13,766 $ - $ 13,766 $ 2,617 $ (132) $ 16,251 $ 22,940 $ 39,191 Leasing 23,092 6,714 29,806 - (33) 29,773 14,303 44,076 $ 36,858 $ 6,714 $ 43,572 $ 2,617 $ (165) $ 46,024 $ 37,243 $ 83,267 Share-based compensation $ 97 $ 10 $ 107 $ 37 $ 337 $ 481 $ 246 $ 727 Depreciation and amortization $ 3,286 $ 2,627 $ 5,913 $ 260 $ (185) $ 5,988 $ 3,448 $ 9,436 Operating income $ 6,617 $ 386 $ 7,003 $ (1,351) $ (1,089) $ 4,563 $ 4,125 $ 8,688 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 19 $ 20 Interest expense $ 1,403 $ 382 $ 1,785 $ 70 $ 1,886 $ 3,741 $ 1,224 $ 4,965 Six Months Ended December 31, 2015 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 23,019 $ - $ 23,019 $ 4,782 $ (160) $ 27,641 $ 34,008 $ 61,649 Leasing 43,886 13,679 57,565 - (66) 57,499 27,905 85,404 $ 66,905 $ 13,679 $ 80,584 $ 4,782 $ (226) $ 85,140 $ 61,913 $ 147,053 Share-based compensation $ 199 $ 20 $ 219 $ 74 $ 683 $ 976 $ 377 $ 1,353 Depreciation and amortization $ 6,350 $ 5,299 $ 11,649 $ 526 $ (372) $ 11,803 $ 6,919 $ 18,722 Operating income $ 10,293 $ 496 $ 10,789 $ (2,498) $ (2,425) $ 5,866 $ 6,821 $ 12,687 Interest income $ - $ - $ - $ - $ 1 $ 1 $ 36 $ 37 Interest expense $ 2,740 $ 780 $ 3,520 $ 128 $ 3,842 $ 7,490 $ 2,490 $ 9,980 Additions to long-lived assets $ 20,033 $ 169 $ 20,202 $ 165 $ (9) $ 20,358 $ 13,363 $ 33,721

Organization and Business Ope30

Organization and Business Operations - Additional Information (Detail)	6 Months Ended
	Dec. 31, 2016Segment
Organization And Business Operations [Line Items]
Number of distinct business units	3
Number of geographic units	2
GFN U.S. [Member]
Organization And Business Operations [Line Items]
Percentage in owned subsidiary	90.00%
Majority interest owned	50.00%

Summary of Significant Accoun31

Summary of Significant Accounting Policies - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Accounting Policies [Abstract]
Finished goods	$ 26,588	$ 29,790
Work in progress	2,502	2,298
Raw materials	2,425	2,521
Total	$ 31,515	$ 34,609

Summary of Significant Accoun32

Summary of Significant Accounting Policies - Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 55,668	$ 55,010
Less accumulated depreciation and amortization	(30,615)	(28,059)
Property, plant and equipment, net	25,053	26,951
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,168	2,168
Building and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 4,887	4,887
Building and improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	10 years
Building and improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	40 years
Transportation and plant equipment (including capital lease assets) [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 38,389	38,424
Transportation and plant equipment (including capital lease assets) [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	3 years
Transportation and plant equipment (including capital lease assets) [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	20 years
Furniture, fixtures and office equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 10,224	$ 9,531
Furniture, fixtures and office equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	3 years
Furniture, fixtures and office equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	10 years

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2016
Property, Plant and Equipment [Line Items]
Gross costs of the lease fleet	$ 513,212,000		$ 513,212,000		$ 503,817,000
Fair value of the reporting unit			50.00%
Potential common stock equivalents excluded from computation of diluted earnings per share	1,460,862	1,809,483			2,101,857
Adjustments for New Accounting Pronouncement [Member]
Property, Plant and Equipment [Line Items]
Unamortized debt issuance costs	$ 1,964,000		$ 1,964,000		$ 2,239,000
Scenario, Forecast [Member]
Property, Plant and Equipment [Line Items]
Potential common stock equivalents excluded from computation of diluted earnings per share				1,460,862
Pac-Van [Member]
Property, Plant and Equipment [Line Items]
Percentage of fair value in excess of carrying amount					21.00%
Lone Star [Member]
Property, Plant and Equipment [Line Items]
Percentage of fair value in excess of carrying amount					12.00%
Southern Frac [Member]
Property, Plant and Equipment [Line Items]
Impairment of goodwill						$ 2,681,000

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Schedule of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 68,798	$ 77,360
Accumulated Amortization	(38,155)	(44,012)
Net Carrying Amount	30,643	33,348
Trademark and Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,484	5,486
Accumulated Amortization	(453)	(302)
Net Carrying Amount	5,031	5,184
Customer Base and Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	46,379	50,669
Accumulated Amortization	(27,537)	(30,064)
Net Carrying Amount	18,842	20,605
Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,513	14,169
Accumulated Amortization	(5,655)	(9,810)
Net Carrying Amount	3,858	4,359
Deferred Financing Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,820	3,589
Accumulated Amortization	(2,784)	(2,381)
Net Carrying Amount	1,036	1,208
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,602	3,447
Accumulated Amortization	(1,726)	(1,455)
Net Carrying Amount	$ 1,876	$ 1,992

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Reconciliation of Weighted Average Shares Outstanding (Detail) - shares	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Basic	26,300,061	26,029,117	26,259,433	26,018,997
Assumed exercise of stock options		292,374
Diluted	26,300,061	26,321,491	26,259,433	26,018,997

Equity Transactions - Additiona

Equity Transactions - Additional Information (Detail)	Dec. 31, 2016USD ($)$ / sharesshares	Aug. 10, 2016AUD / shares	Aug. 12, 2015AUD / shares	Dec. 31, 2016USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value | $ / shares	$ 0.0001			$ 0.0001	$ 0.0001
Preferred Stock, outstanding | shares	400,100			400,100	400,100
Preferred Stock, aggregate liquidation preference | $	$ 40,722,000			$ 40,722,000	$ 40,722,000
Dividend declared | AUD / shares		AUD 0.025	AUD 0.050
Dividend payable date		Oct. 4, 2016	Oct. 2, 2015
Dividend payable record date		Sep. 16, 2016	Sep. 17, 2015
Series B Preferred Stock [Member]
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value | $ / shares	$ 0.0001			$ 0.0001
Cumulative Preferred Stock, liquidation preference | $ / shares	$ 1,000			$ 1,000
Preferred Stock, outstanding | shares	100			100	100
Preferred Stock, aggregate liquidation preference | $	$ 102,000			$ 102,000	$ 102,000
Cumulative Preferred Stock, dividend percentage				8.00%
Preferred stock, voting rights				No voting rights
Dividend on Preferred Stock | $	$ 81,000
Series C Preferred Stock [Member]
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value | $ / shares	$ 2			$ 2
Cumulative Preferred Stock, liquidation preference | $ / shares	$ 100			$ 100
Preferred Stock, outstanding | shares	400,000			400,000	400,000
Preferred Stock, aggregate liquidation preference | $	$ 40,620,000			$ 40,620,000	$ 40,620,000
Cumulative Preferred Stock, dividend percentage				9.00%
Preferred stock, voting rights				No voting rights
Preferred Stock redemption price per share | $ / shares	$ 100			$ 100
Preferred Stock, dividend rate	2.00%			2.00%
Stated liquidation value for every increase in dividend rate | $	$ 100			$ 100
Dividend on Preferred Stock | $	$ 12,630,000

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail)	Dec. 01, 2016USD ($)	Dec. 01, 2016AUD	Jul. 27, 2016USD ($)	Jul. 22, 2016USD ($)	Jul. 22, 2016CAD	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Business acquisition cost holdback and other adjustment								$ 376,000	$ 1,804,000
Transaction costs						$ 20,000	$ 65,000				$ 109,000
The Great Container Company, Ltd [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross				$ 662,000	CAD 869,000
Business acquisition cost holdback and other adjustment				$ 102,000	CAD 133,000
Container Systems Storage, Inc. [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross			$ 1,667,000
Business acquisition cost holdback			$ 120,000
All Direct [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross	$ 3,040,000	AUD 4,109,000
Business acquisition cost holdback and other adjustment	$ 154,000	AUD 209,000
Scenario, Forecast [Member]
Business Acquisition [Line Items]
Transaction costs										$ 37,000

Acquisitions - Fair Market Valu

Acquisitions - Fair Market Values of Tangible and Intangible Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 01, 2016	Jul. 27, 2016	Jul. 22, 2016	Jun. 30, 2016
Fair value of intangible assets acquired:
Goodwill	$ 103,107				$ 102,546
The Great Container Company, Ltd [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables				$ 5
Inventories				66
Property, plant and equipment				23
Lease fleet				352
Unearned revenue and advance payments				(21)
Total net tangible assets acquired and liabilities assumed				425
Fair value of intangible assets acquired:
Goodwill				78
Total intangible assets acquired				237
Total purchase consideration				662
The Great Container Company, Ltd [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired				21
The Great Container Company, Ltd [Member] | Customer lists/relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired				$ 138
Container Systems Storage, Inc. [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables			$ 57
Inventories			211
Property, plant and equipment			44
Lease fleet			615
Accounts payables and accrued liabilities			(7)
Unearned revenue and advance payments			(36)
Deferred income taxes			(241)
Total net tangible assets acquired and liabilities assumed			643
Fair value of intangible assets acquired:
Goodwill			683
Total intangible assets acquired			1,024
Total purchase consideration			1,667
Container Systems Storage, Inc. [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired			29
Container Systems Storage, Inc. [Member] | Customer lists/relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired			$ 312
All Direct [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Property, plant and equipment		$ 44
Lease fleet		1,646
Accounts payables and accrued liabilities		(45)
Total net tangible assets acquired and liabilities assumed		1,645
Fair value of intangible assets acquired:
Goodwill		350
Total intangible assets acquired		1,395
Total purchase consideration		3,040
All Direct [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired		334
All Direct [Member] | Customer lists/relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired		$ 711
Acquisitions In Fiscal Year 2017 [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables	62
Inventories	277
Property, plant and equipment	111
Lease fleet	2,613
Accounts payables and accrued liabilities	(52)
Unearned revenue and advance payments	(57)
Deferred income taxes	(241)
Total net tangible assets acquired and liabilities assumed	2,713
Fair value of intangible assets acquired:
Goodwill	1,111
Total intangible assets acquired	2,656
Total purchase consideration	5,369
Acquisitions In Fiscal Year 2017 [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired	384
Acquisitions In Fiscal Year 2017 [Member] | Customer lists/relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired	$ 1,161

Senior and Other Debt - ANZ_CBA

Senior and Other Debt - ANZ/CBA Credit Facility and North America Leasing Senior Credit Facility - Additional Information (Detail)	Dec. 31, 2016USD ($)AUD / $	Apr. 03, 2014USD ($)	Dec. 31, 2016USD ($)AUD / $	Dec. 31, 2016AUDAUD / $	Dec. 31, 2015USD ($)
Line of Credit Facility [Line Items]
Intercompany dividend description			The maximum amount of intercompany dividends that Pac-Van and Lone Star are allowed to pay in each fiscal year to GFN for the funding requirements of GFN’s senior and other debt and the Series C Preferred Stock are (a) the lesser of $5,000,000 for the Series C Preferred Stock or the amount equal to the dividend rate of the Series C Preferred Stock and its aggregate liquidation preference and the actual amount of dividends required to be paid to the Series C Preferred Stock; (b) the lesser of $3,125,000 for the term loan with Credit Suisse or the actual annual interest to be paid; and (c) $6,120,000 for the public offering of unsecured senior notes or the actual amount of annual interest required to be paid; provided that (i) the payment of such dividends does not cause a default or event of default; (ii) each of Pac-Van and Lone Star is solvent; (iii) excess availability, as defined, is $5,000,000 or more under the Wells Fargo Credit Facility; (iv) the fixed charge coverage ratio, as defined, will be greater than 1.25 to 1.00; and (v) the dividends are paid no earlier than ten business days prior to the date they are due.
Credit Suisse [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity		$ 25,000,000
Line of credit facility maturity date			Jul. 1, 2017
Borrowings under credit facility	$ 9,932,000		$ 9,932,000
Payment of intercompany dividends from Pac-Van and Lone Star			3,125,000
Series C Preferred Stock [Member]
Line of Credit Facility [Line Items]
Payment of intercompany dividends from Pac-Van and Lone Star			5,000,000
Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility additional borrowing capacity	20,000,000		20,000,000
Borrowing capacity, additional increase authorized	$ 20,000,000		20,000,000
Borrowing capacity, after increase			252,000,000
Payment of intercompany dividends from Pac-Van and Lone Star			$ 5,000,000
Minimum [Member]
Line of Credit Facility [Line Items]
Fixed charge coverage ratio	1.25		1.25	1.25
Pac-Van [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility	$ 188,037,000		$ 188,037,000
Availability under ANZ credit facility	8,977,000		8,977,000
Unsecured senior notes [Member]
Line of Credit Facility [Line Items]
Payment of intercompany dividends from Pac-Van and Lone Star			6,300,000
North America [Member] | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity					$ 232,000,000
ANZ/CBA Credit Facility A [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	72,068,000		$ 72,068,000	AUD 100,000,000
Line of credit facility maturity date			Jan. 31, 2022
Borrowings under credit facility	$ 69,506,000		$ 69,506,000	96,445,000
ANZ/CBA Credit Facility A [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate	1.40%
ANZ/CBA Credit Facility A [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate	2.40%
ANZ/CBA Credit Facility A [Member] | Commonwealth Bank of Australia [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate	1.75%
ANZ/CBA Credit Facility A [Member] | Commonwealth Bank of Australia [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate	2.65%
ANZ/CBA Credit Facility B [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 36,034,000		$ 36,034,000	50,000,000
Line of credit facility maturity date			Jul. 31, 2019
Borrowings under credit facility	$ 14,281,000		$ 14,281,000	AUD 19,816,000
ANZ/CBA Credit Facility B [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate	1.35%
ANZ/CBA Credit Facility B [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate	2.40%
ANZ/CBA Credit Facility B [Member] | Commonwealth Bank of Australia [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest rate	1.45%		1.45%	1.45%
ANZ/CBA Credit Facility B [Member] | Commonwealth Bank of Australia [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate	2.35%		2.35%	2.35%
ANZ/CBA Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility base rate description			The 30-day and 90-day BBSY and BKBM were 1.69% and 1.865% and 1.90% and 2.05%, respectively.
Borrowings under credit facility	$ 83,787,000		$ 83,787,000	AUD 116,261,000
Availability under ANZ credit facility	$ 8,330,000		$ 8,330,000	AUD 11,558,000
Foreign currency exchange rate, translation | AUD / $	0.72068		0.72068	0.72068
ANZ/CBA Credit Facility [Member] | Sub-Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 2,162,000		$ 2,162,000	AUD 3,000,000
ANZ/CBA Credit Facility [Member] | Commonwealth Bank of Australia [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	43,241,000		43,241,000	60,000,000
ANZ/CBA Credit Facility [Member] | ANZ Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	64,861,000		64,861,000	90,000,000
ANZ/CBA Credit Facility [Member] | Royal Wolf [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 108,102,000		$ 108,102,000	AUD 150,000,000
Base Rate [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			0.50%
Base Rate [Member] | Minimum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			1.00%
Base Rate [Member] | Minimum [Member] | Real Estate Sub Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			1.50%
Base Rate [Member] | Maximum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			1.50%
Base Rate [Member] | Maximum [Member] | Real Estate Sub Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			2.00%
London Interbank Offered Rate (LIBOR) [Member] | Credit Suisse [Member]
Line of Credit Facility [Line Items]
Interest rate		7.50%
London Interbank Offered Rate (LIBOR) [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			1.00%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			2.50%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Real Estate Sub Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			3.00%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			3.00%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Real Estate Sub Facility [Member]
Line of Credit Facility [Line Items]
Interest rate			3.50%

Senior and Other Debt - Credit

Senior and Other Debt - Credit Suisse Term Loan - Additional Information (Detail) - Credit Suisse [Member] - USD ($)	Apr. 03, 2014	Dec. 31, 2016
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 25,000,000
Line of credit facility description		An amount equal to six-monthsinterest be deposited in an interest reserve account pledged to secure repayment of all amounts borrowed.
Repayments of debt		$ 15,000,000
Borrowings outstanding under credit facility		$ 9,932,000
Line of credit facility maturity date		Jul. 1, 2017
Unamortized debt issuance costs		$ 68,000
London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Interest rate	7.50%

Senior and Other Debt - Senior

Senior and Other Debt - Senior Notes and Other Debt - Additional Information (Detail)	3 Months Ended		6 Months Ended	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015	Dec. 31, 2016USD ($)	Jun. 30, 2017	Jun. 30, 2016	Jun. 18, 2014USD ($)
Line of Credit Facility [Line Items]
Other debt	$ 9,490,000		$ 9,490,000
Other [Member] | Asia-Pacific [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate	4.90%	5.60%			5.50%
Other [Member] | North America [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate	5.00%	4.80%			4.90%
Senior Notes 8.125% [Member]
Line of Credit Facility [Line Items]
Terms of principal amount redemption			The Company may, at its option, prior to July 31, 2017, redeem the Senior Notes in whole or in part upon the payment of 100% of the principal amount of the Senior Notes being redeemed plus any additional amount required by the Indenture. In addition, the Company may from time to time redeem up to 35% of the aggregate outstanding principal amount of the Senior Notes before July 31, 2017 with the net cash proceeds from certain equity offerings at a redemption price of 108.125% of the principal amount plus accrued and unpaid interest.
Senior notes redemption percentage on principal amount			35.00%
Redemption price percentage on principal amount plus accrued and unpaid interest			108.125%
Senior Notes 8.125% [Member] | Unsecured senior notes [Member]
Line of Credit Facility [Line Items]
Aggregate principle amount of senior notes issued						$ 72,000,000
Notes issued denominations and multiples of denominations						$ 25
Aggregate principle amount of senior notes issued, net of unamortized debt issuance costs	$ 70,104,000		$ 70,104,000
Unamortized debt issuance costs	$ 1,896,000		$ 1,896,000
Interest rate of senior notes						8.125%
Debt instrument maturity date			Jul. 31, 2021
Frequency of interest payments			Quarterly
Interest payment terms			Interest on the Senior Notes is payable quarterly in arrears on January 31, April 30, July 31 and October 31, commencing on July 31, 2014.
Senior Notes 8.125% [Member] | On or after July 31, 2017 [Member]
Line of Credit Facility [Line Items]
Redemption price percentage on principal amount plus accrued and unpaid interest			106.094%
Senior Notes 8.125% [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Senior notes redemption percentage on principal amount			100.00%
Fixed charge coverage ratio	2		2
Scenario, Forecast [Member] | Other [Member] | Asia-Pacific [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate				4.90%
Scenario, Forecast [Member] | Other [Member] | North America [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate				5.00%

Financial Instruments - Derivat

Financial Instruments - Derivative Instruments at Fair Value, Classification in Consolidated Balances Sheets (Detail) - Fair Value, Inputs, Level 2 [Member] - Trade Payables and Accrued Liabilities [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Swap Contracts and Options (Caps and Collars) [Member]
Derivatives, Fair Value [Line Items]
Trade payables and accrued liabilities	$ 437	$ 871
Forward-Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Forward Exchange Contracts, Trade and other receivables	$ 148
Trade payables and accrued liabilities		$ 255

Financial Instruments - Deriv43

Financial Instruments - Derivative Instruments at Fair Value, Statements of Operations (Detail) - Forward-Exchange Contracts [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income			$ 435	$ (323)
Unrealized foreign currency exchange gain (loss) and other [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income	$ 354	$ (1,085)	$ 435	$ (323)

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)Contract
Derivative [Line Items]
Unrealized foreign exchange gains (losses)	$ (392,000)	$ 286,000	$ (545,000)	$ (368,000)		$ (368,000)
Realized foreign exchange gains (losses)	$ 134,000	$ 25,000				$ 30,000
Scenario, Forecast [Member]
Derivative [Line Items]
Unrealized foreign exchange gains (losses)					$ (545,000)
Realized foreign exchange gains (losses)					117,000
Interest rate swap contract [Member]
Derivative [Line Items]
Number of derivative contract | Contract	1		1			1
Derivative maturity date			2017-06
Forward-Exchange [Member]
Derivative [Line Items]
Number of derivative contract | Contract	17		17			49
Forward-Exchange [Member] | Minimum [Member]
Derivative [Line Items]
Derivative maturity date			2017-01			2016-07
Forward-Exchange [Member] | Maximum [Member]
Derivative [Line Items]
Derivative maturity date			2017-04			2016-11
Unrealized gain (loss) included in interest expense [Member] | Interest rate swap contract [Member]
Derivative [Line Items]
Gain (loss) on ineffective portion of cash flow hedge						$ 0
Unrealized gain (loss) included in interest expense [Member] | Interest rate swap contract [Member] | Scenario, Forecast [Member]
Derivative [Line Items]
Gain (loss) on ineffective portion of cash flow hedge					$ 0
Senior credit facilities [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Fair value of borrowings						336,901,000
Other debt [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Fair value of borrowings						$ 8,818,000

Financial Instruments - Open In

Financial Instruments - Open Interest Rate Swap Contract (Detail) - USD ($)	Dec. 31, 2016	Jun. 30, 2016
Interest rate swap contract [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 36,034,000	$ 37,213,000
Fixed/Strike Rates	3.98%	3.98%
Floating Rates	1.69%	1.90%
Fair Value of Combined Contracts	$ (437,000)	$ (871,000)
Option (Cap) [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 0
Fixed/Strike Rates	0.00%
Floating Rates	0.00%
Fair Value of Combined Contracts	$ 0

Financial Instruments - Open Fo

Financial Instruments - Open Forward Exchange and Participating Forward Contracts (Detail)	Sep. 30, 2016USD ($)AUD / $	Jun. 30, 2016USD ($)AUD / $
Forward-Exchange [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 4,009,000	$ 8,617,000
Fair Value of Combined Contracts	$ 148,000	$ (255,000)
Forward-Exchange [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Exchange/Strike Rates (AUD to USD) | AUD / $	0.69479	0.64600
Forward-Exchange [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Exchange/Strike Rates (AUD to USD) | AUD / $	0.76530	0.78030
Participating Forward [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 0
Exchange/Strike Rates (AUD to USD) | AUD / $	0
Fair Value of Combined Contracts	$ 0

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail)	Dec. 29, 2014	Dec. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016ft²	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Affiliate of Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Rental payment		$ 7,393	$ 28,000	$ 27,000			$ 55,000
Office space | ft²					3,000
Term of lease					5 years
Renewal options of lease					5 years
Affiliate of Chief Executive Officer [Member] | Scenario, Forecast [Member]
Related Party Transaction [Line Items]
Rental payment						$ 56,000
Pac Van Las Vegas [Member]
Related Party Transaction [Line Items]
Rental payment			$ 30,000	$ 30,000			$ 59,000
Renewal options of lease	2 years				2 years
Lease expiration date					Dec. 31, 2016
Pac Van Las Vegas [Member] | Scenario, Forecast [Member]
Related Party Transaction [Line Items]
Rental payment						$ 59,000

Equity Plans - Additional Infor

Equity Plans - Additional Information (Detail) - USD ($)	Oct. 12, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016	Sep. 11, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				1 year 7 months 6 days
Number of performance rights granted				99,779
Outstanding stock options		1,936,557		1,936,557		2,183,224
Market price of common stock		$ 5.55		$ 5.55
Intrinsic value of the outstanding stock options		$ 2,640,000		$ 2,640,000
Unrecognized compensation expense to be recorded on a straight-line basis		828,000		$ 828,000
Number of option granted				0
Issuance of shares of common stock				$ 20,000
Minimum percentage of outstanding shares in capital stock				50.00%
Share-based compensation expense		$ 596,000	$ 727,000	$ 191,000	$ 1,353,000
Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market price of common stock	$ 4.45
Number of option granted	22,112			22,112
Additional Paid-in Capital [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of shares of common stock				$ 20,000
Additional Paid-in Capital [Member] | Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of shares of common stock	$ 98,000
Time-based options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options		1,180,847		1,180,847
Performance-based options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options		755,710		755,710
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum outstanding capital stock				1.00%
2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of option granted							1,500,000
Stock option plan expiration date				Dec. 4, 2024
2009 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option plan expiration date				Dec. 10, 2019
Royal Wolf Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense				$ (522,000)	$ 377,000
Royal Wolf Long Term Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				4 years
Predecessor Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of option granted							2,500,000
2006 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option plan expiration date				Jun. 30, 2016
Non-qualified stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant		931,719		931,719
Non-qualified stock options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				5 years
Restricted Stock Units [Member] | 2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance rights granted				931,719
Stock Appreciation Rights [Member] | 2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance rights granted				931,719
Performance rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance rights granted				2,835,723
Performance shares converted to capital stock				642,582
Performance rights [Member] | 2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance rights granted				931,719
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense				$ 6,924,000
Non-vested equity shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance rights granted				99,779
Unrecognized compensation expense to be recorded on a straight-line basis		$ 1,127,000		$ 1,127,000
Share-based compensation recognized in statements of operations				$ 1,801,000
Non-vested equity shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining vesting period				10 months 24 days
Non-vested equity shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining vesting period				2 years 6 months
Nonemployee Consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding stock options		0		0

Equity Plans - Fair Value of St

Equity Plans - Fair Value of Stock Options Granted (Detail) - Stock options [Member]	6 Months Ended
	Dec. 31, 2016USD ($)$ / shares
Assumptions used:
Risk-free interest rate, minimum	1.19%
Risk-free interest rate, maximum	4.80%
Expected life (in years)	7 years 6 months
Expected volatility, minimum	26.50%
Expected volatility, maximum	84.60%
Expected dividends | $	$ 0
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of stock options	$ 0.81
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of stock options	$ 6.35

Equity Plans - Stock Option Act

Equity Plans - Stock Option Activity and Related Information (Detail)	6 Months Ended
	Dec. 31, 2016$ / sharesshares
Number of Options (Shares)
Outstanding beginning balance | shares	2,183,224
Granted | shares	0
Exercised | shares	(14,000)
Forfeited or expired | shares	(232,667)
Outstanding ending balance | shares	1,936,557
Vested and expected to vest | shares	1,936,557
Exercisable | shares	1,605,523
Weighted-Average Exercise Price
Outstanding beginning balance | $ / shares	$ 5.30
Granted | $ / shares	0
Exercised | $ / shares	1.43
Forfeited or expired | $ / shares	7.33
Outstanding ending balance | $ / shares	5.08
Vested and expected to vest | $ / shares	5.08
Exercisable | $ / shares	$ 4.97
Weighted-Average Remaining Contractual Term (Years)
Outstanding	4 years 7 months 6 days
Vested and expected to vest	4 years 7 months 6 days
Exercisable	3 years 9 months 18 days

Equity Plans - Summary of Non-V

Equity Plans - Summary of Non-Vested Equity Share Activity (Detail)	6 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	99,779
Non-vested equity shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested beginning balance	373,507
Granted	99,779
Vested	(176,998)
Forfeited	0
Non-vested ending balance	296,288
Non-vested beginning balance | $ / shares	$ 4.20
Granted | $ / shares	4.23
Vested | $ / shares	4.29
Forfeited | $ / shares	0
Non-vested ending balance | $ / shares	$ 4.15

Cash Flows from Operating Act52

Cash Flows from Operating Activities and Other Financial Information - Summary of Cash Flows from Operating Activities (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Cash flows from operating activities
Net income	$ 1,370,000	$ 1,880,000	$ 626,000	$ 1,345,000
Adjustments to reconcile net income to cash flows from operating activities:
Gain on sales and disposals of property, plant and equipment			(61,000)	(114,000)
Gain on sales of lease fleet			(428,000)	(3,312,000)
Gain on bargain purchase of business				(72,000)
Unrealized foreign exchange loss	392,000	(286,000)	545,000	368,000	$ 368,000
Depreciation and amortization	$ 10,086,000	$ 9,436,000	19,787,000	18,722,000
Amortization of deferred financing costs			700,000	778,000
Accretion of interest			135,000	296,000
Share-based compensation expense			191,000	1,353,000
Deferred income taxes			(482,000)	(691,000)
Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions):
Trade and other receivables, net			(7,034,000)	4,480,000
Inventories			2,829,000	(1,627,000)
Prepaid expenses and other			(2,000)	(600,000)
Trade payables, accrued liabilities and unearned revenues			(4,243,000)	5,405,000
Income taxes			(1,217,000)	(1,217,000)
Net cash provided by operating activities			10,911,000	25,437,000
Forward-Exchange Contracts [Member]
Adjustments to reconcile net income to cash flows from operating activities:
Unrealized loss (gain) on forward exchange contracts			$ (435,000)	$ 323,000

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)Segment	Dec. 31, 2015USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Segment Reporting Information [Line Items]
Number of geographic units | Segment			2
Number of operating segments | Segment			4
Sales revenue	$ 27,050,000	$ 39,191,000	$ 48,516,000	$ 61,649,000
North America [Member]
Segment Reporting Information [Line Items]
Sales revenue	13,444,000	16,251,000	$ 24,968,000	$ 27,641,000
North America [Member] | Intersegment Adjustments [Member]
Segment Reporting Information [Line Items]
Sales revenue	$ 270,000	$ 132,000				$ 160,000
North America [Member] | Intersegment Adjustments [Member] | Scenario, Forecast [Member]
Segment Reporting Information [Line Items]
Sales revenue					$ 827,000

Segment Reporting - Summary of

Segment Reporting - Summary of Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Revenues:
Sales	$ 27,050	$ 39,191	$ 48,516	$ 61,649
Leasing	45,277	44,076	86,609	85,404
Total revenues	72,327	83,267	135,125	147,053
Share-based compensation	596	727	191	1,353
Depreciation and amortization	10,086	9,436	19,787	18,722
Operating income	7,097	8,688	10,760	12,687
Interest income	13	20	36	37
Interest expense	5,016	4,965	9,847	9,980
Additions to long-lived assets			27,784	33,721
Long-lived assets	445,397		445,397		$ 446,296
Goodwill	103,107		103,107		102,546
North America [Member]
Revenues:
Sales	13,444	16,251	24,968	27,641
Leasing	28,890	29,773	56,006	57,499
Total revenues	42,334	46,024	80,974	85,140
Share-based compensation	402	481	713	976
Depreciation and amortization	5,868	5,988	11,761	11,803
Operating income	3,141	4,563	3,941	5,866
Interest income	1	1	9	1
Interest expense	3,933	3,741	7,748	7,490
Additions to long-lived assets			14,372	20,358
Long-lived assets	291,497		291,497		290,294
Goodwill	76,620		76,620		75,904
North America [Member] | Corporate and Intercompany Adjustments [Member]
Revenues:
Sales	(270)	(132)	(827)	(160)
Leasing	(43)	(33)	(96)	(66)
Total revenues	(313)	(165)	(923)	(226)
Share-based compensation	298	337	502	683
Depreciation and amortization	(181)	(185)	(367)	(372)
Operating income	(1,090)	(1,089)	(2,278)	(2,425)
Interest income	1	1	9	1
Interest expense	1,819	1,886	3,628	3,842
Additions to long-lived assets			(150)	(9)
Long-lived assets	(10,798)		(10,798)		(10,975)
North America [Member] | Pac-Van Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	11,781	13,766	22,211	23,019
Leasing	24,757	23,092	48,106	43,886
Total revenues	36,538	36,858	70,317	66,905
Share-based compensation	72	97	147	199
Depreciation and amortization	3,429	3,286	6,885	6,350
Operating income	6,195	6,617	10,247	10,293
Interest expense	1,726	1,403	3,370	2,740
Additions to long-lived assets			14,475	20,033
Long-lived assets	244,013		244,013		239,459
Goodwill	55,838		55,838		55,122
North America [Member] | Lone Star Leasing [Member] | Operating Segments [Member]
Revenues:
Leasing	4,176	6,714	7,996	13,679
Total revenues	4,176	6,714	7,996	13,679
Share-based compensation	10	10	20	20
Depreciation and amortization	2,422	2,627	4,847	5,299
Operating income	(1,231)	386	(2,677)	496
Interest expense	294	382	575	780
Additions to long-lived assets			47	169
Long-lived assets	55,360		55,360		58,492
Goodwill	20,782		20,782		20,782
North America [Member] | Pac Van and Lone Star Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	11,781	13,766	22,211	23,019
Leasing	28,933	29,806	56,102	57,565
Total revenues	40,714	43,572	78,313	80,584
Share-based compensation	82	107	167	219
Depreciation and amortization	5,851	5,913	11,732	11,649
Operating income	4,964	7,003	7,570	10,789
Interest expense	2,020	1,785	3,945	3,520
Additions to long-lived assets			14,522	20,202
Long-lived assets	299,373		299,373		297,951
Goodwill	76,620		76,620		75,904
North America [Member] | Manufacturing [Member] | Operating Segments [Member]
Revenues:
Sales	1,933	2,617	3,584	4,782
Total revenues	1,933	2,617	3,584	4,782
Share-based compensation	22	37	44	74
Depreciation and amortization	198	260	396	526
Operating income	(733)	(1,351)	(1,351)	(2,498)
Interest expense	94	70	175	128
Additions to long-lived assets				165
Long-lived assets	2,922		2,922		3,318
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	13,606	22,940	23,548	34,008
Leasing	16,387	14,303	30,603	27,905
Total revenues	29,993	37,243	54,151	61,913
Share-based compensation	194	246	(522)	377
Depreciation and amortization	4,218	3,448	8,026	6,919
Operating income	3,956	4,125	6,819	6,821
Interest income	12	19	27	36
Interest expense	1,083	$ 1,224	2,099	2,490
Additions to long-lived assets			13,412	$ 13,363
Long-lived assets	153,900		153,900		156,002
Goodwill	$ 26,487		$ 26,487		$ 26,642

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - $ / shares	Jan. 17, 2017	Aug. 10, 2016	Aug. 12, 2015
Subsequent Event [Line Items]
Dividend payable date		Oct. 4, 2016	Oct. 2, 2015
Dividend payable record date		Sep. 16, 2016	Sep. 17, 2015
Subsequent Events [Member] | Series C Preferred Stock [Member]
Subsequent Event [Line Items]
Cash dividend, amount per share	$ 2.30
Dividend declared date	Jan. 17, 2017
Dividend payable date	Jan. 31, 2017
Dividend payable record date	Jan. 30, 2017