General Finance (GFNCP) 10-Q 14 May 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2019	May 02, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Trading Symbol	GFN
Entity Registrant Name	General Finance CORP
Entity Central Index Key	0001342287
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		30,341,321
Entity Emerging Growth Company	false
Entity Small Business	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Assets
Cash and cash equivalents	$ 6,814	$ 21,617
Trade and other receivables, net of allowance for doubtful accounts of $5,687 and $5,843 at June 30, 2018 and March 31, 2019, respectively	54,912	50,525
Inventories	36,962	22,731
Prepaid expenses and other	11,384	8,023
Property, plant and equipment, net	23,272	22,310
Lease fleet, net	455,634	429,388
Goodwill	111,403	109,943
Other intangible assets, net	22,774	25,150
Total assets	723,155	689,687
Liabilities
Trade payables and accrued liabilities	46,169	50,545
Income taxes payable		361
Unearned revenue and advance payments	21,825	19,226
Senior and other debt, net	424,670	427,218
Fair value of bifurcated derivatives in Convertible Note	18,041	15,583
Deferred tax liabilities	38,969	34,969
Total liabilities	549,674	547,902
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, 2018 and $40,702 at March 31, 2019	40,100	40,100
Common stock, $.0001 par value: 100,000,000 shares authorized; 27,017,606 shares issued and outstanding at June 30, 2018 and 30,341,321 at March 31, 2019	3	3
Additional paid-in capital	184,141	139,547
Accumulated other comprehensive loss	(17,287)	(17,091)
Accumulated deficit	(33,980)	(21,278)
Total General Finance Corporation stockholders' equity	172,977	141,281
Equity of noncontrolling interests	504	504
Total equity	173,481	141,785
Total liabilities and equity	$ 723,155	$ 689,687

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts on trade and other receivables	$ 5,843	$ 5,687
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	$ 40,702	$ 40,722
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	30,341,321	27,017,606
Common stock, shares outstanding	30,341,321	27,017,606

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Revenues
Sales	$ 26,636	$ 29,600	$ 100,594	$ 95,030
Leasing	59,573	54,821	181,400	158,438
Total revenues	86,209	84,421	281,994	253,468
Costs and expenses
Manufactured units	1,231	2,126	6,600	6,266
Direct costs of leasing operations	22,923	22,684	68,851	65,690
Selling and general expenses	20,647	18,996	60,310	56,224
Depreciation and amortization	10,897	10,014	31,952	29,671
Operating income	12,411	10,872	46,071	31,578
Interest income	27	43	108	81
Interest expense	(10,207)	(9,398)	(27,700)	(24,667)
Change in valuation of bifurcated derivatives in Convertible Note (Note 5)	(1,131)	(504)	(22,829)	(2,221)
Foreign exchange and other	(3)	(1,348)	(3,296)	(2,685)
Total costs and expenses	(11,314)	(11,207)	(53,717)	(29,492)
Income (loss) before provision for income taxes	1,097	(335)	(7,646)	2,086
Provision for income taxes	1,429	228	5,056	519
Net income (loss)	(332)	(563)	(12,702)	1,567
Preferred stock dividends	(922)	(922)	(2,766)	(2,766)
Noncontrolling interests				801
Net loss attributable to common stockholders	$ (1,254)	$ (1,485)	$ (15,468)	$ (398)
Net loss per common share:
Basic	$ (0.04)	$ (0.06)	$ (0.53)	$ (0.02)
Diluted	$ (0.04)	$ (0.06)	$ (0.53)	$ (0.02)
Weighted average shares outstanding:
Basic	29,975,295	26,301,706	29,084,947	26,210,697
Diluted	29,975,295	26,301,706	29,084,947	26,210,697
Lease inventories and fleet [Member]
Revenues
Sales	$ 25,204	$ 27,251	$ 92,653	$ 88,698
Costs and expenses
Lease inventories and fleet (exclusive of the items shown separately below)	18,100	19,729	68,210	64,039
Manufactured units [Member]
Revenues
Sales	$ 1,432	$ 2,349	$ 7,941	$ 6,332

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income/Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (332)	$ (563)	$ (12,702)	$ 1,567
Other comprehensive income (loss):
Change in fair value change of interest rate swap, net of income tax effect	(135)	(184)	(170)	(100)
Cumulative translation adjustment	416	(138)	(26)	3,491
Total comprehensive income (loss)	(51)	(885)	(12,898)	4,958
Allocated to noncontrolling interests				(1,095)
Comprehensive income (loss) allocable to General Finance Corporation stockholders	$ (51)	$ (885)	$ (12,898)	$ 3,863

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income/Loss (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Change in fair value change of interest rate swap, income tax provision (benefit)	$ 34	$ 78	$ 94	$ 7

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Unaudited) - 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 Jun. 30, 2017	$ 223,248	$ 3	$ 120,370	$ (12,355)	$ (12,972)	$ 135,146	$ 88,102	$ 40,100
Share-based compensation	1,658		1,067			1,067	591
Preferred stock dividends	(922)		(922)			(922)
Dividends and distributions by subsidiaries	(1,038)						(1,038)
Net income (loss)	(844)				(43)	(43)	(801)
Fair value change in derivative, net of related tax effect	125			64		64	61
Cumulative translation adjustment	3,878			2,043		2,043	1,835
Total comprehensive income	3,159					2,064	1,095
Acquisition of noncontrolling interest in Royal Wolf	(75,250)		17,744	(4,748)		12,996	(88,246)
Balance at Sep. 30, 2017	150,855	3	138,259	(14,996)	(13,015)	150,351	504	40,100
Balance at Jun. 30, 2017	223,248	3	120,370	(12,355)	(12,972)	135,146	88,102	40,100
Net income (loss)	1,567
Fair value change in derivative, net of related tax effect	(100)
Cumulative translation adjustment	3,491
Total comprehensive income	4,958
Balance at Mar. 31, 2018	153,173	3	138,778	(15,608)	(10,604)	152,669	504	40,100
Balance at Sep. 30, 2017	150,855	3	138,259	(14,996)	(13,015)	150,351	504	40,100
Share-based compensation	439		439			439
Preferred stock dividends	(922)		(922)			(922)
Issuance of shares of common stock on exercises of stock options	34		34			34
Grant of shares, restricted stock	0	0	0	0	0	0	0	0
Net income (loss)	2,974				2,974	2,974
Fair value change in derivative, net of related tax effect	(41)			(41)		(41)
Cumulative translation adjustment	(249)			(249)		(249)
Total comprehensive income	2,684					2,684
Acquisition of noncontrolling interest in Royal Wolf	523		523			523
Balance at Dec. 31, 2017	153,613	3	138,333	(15,286)	(10,041)	153,109	504	40,100
Share-based compensation	889		889			889
Preferred stock dividends	(922)		(922)			(922)
Issuance of shares of common stock on exercises of stock options	127		127			127
Grant of shares, restricted stock	0	0	0	0	0	0	0	0
Refund from terminated Royal Wolf LTI Plan trust	338		338			338
Net income (loss)	(563)				(563)	(563)
Fair value change in derivative, net of related tax effect	(184)			(184)		(184)
Cumulative translation adjustment	(138)			(138)		(138)
Total comprehensive income	(885)					(885)
Acquisition of noncontrolling interest in Royal Wolf	13		13			13
Balance at Mar. 31, 2018	153,173	3	138,778	(15,608)	(10,604)	152,669	504	40,100
Balance at Jun. 30, 2018	141,785	3	139,547	(17,091)	(21,278)	141,281	504	40,100
Share-based compensation	678		678			678
Preferred stock dividends	(922)		(922)			(922)
Issuance of shares of common stock on exercises of stock options	634		634			634
Vesting of restricted stock units into 66,073 shares of common stock	0	0	0	0	0	0	0	0
Forced conversion of Convertible Note into 3,058,824 shares of common stock (Note 5)	44,506		44,506			44,506
Net income (loss)	(8,164)				(8,164)	(8,164)
Fair value change in derivative, net of related tax effect	(14)			(14)		(14)
Cumulative translation adjustment	341			341		341
Total comprehensive income	(7,837)					(7,837)
Balance at Sep. 30, 2018	178,844	3	184,443	(16,764)	(29,442)	178,340	504	40,100
Balance at Jun. 30, 2018	141,785	3	139,547	(17,091)	(21,278)	141,281	504	40,100
Net income (loss)	(12,702)
Fair value change in derivative, net of related tax effect	(170)
Cumulative translation adjustment	(26)
Total comprehensive income	(12,898)
Balance at Mar. 31, 2019	173,481	3	184,141	(17,287)	(33,980)	172,977	504	40,100
Balance at Sep. 30, 2018	178,844	3	184,443	(16,764)	(29,442)	178,340	504	40,100
Share-based compensation	663		663			663
Preferred stock dividends	(922)		(922)			(922)
Issuance of shares of common stock on exercises of stock options	222		222			222
Grant of shares, restricted stock	0	0	0	0	0	0	0	0
Net income (loss)	(4,206)				(4,206)	(4,206)
Fair value change in derivative, net of related tax effect	(21)			(21)		(21)
Cumulative translation adjustment	(783)			(783)		(783)
Total comprehensive income	(5,010)					(5,010)
Balance at Dec. 31, 2018	173,797	3	184,406	(17,568)	(33,648)	173,293	504	40,100
Share-based compensation	655		655			655
Preferred stock dividends	(922)		(922)			(922)
Issuance of shares of common stock on exercises of stock options	2		2			2
Grant of shares, restricted stock	0	0	0	0	0	0	0	0
Vesting of restricted stock units into 66,073 shares of common stock	0	0	0	0	0	0	0	0
Net income (loss)	(332)				(332)	(332)
Fair value change in derivative, net of related tax effect	(135)			(135)		(135)
Cumulative translation adjustment	416			416		416
Total comprehensive income	(51)					(51)
Balance at Mar. 31, 2019	$ 173,481	$ 3	$ 184,141	$ (17,287)	$ (33,980)	$ 172,977	$ 504	$ 40,100

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Equity (Unaudited) (Parenthetical) - shares	3 Months Ended					9 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Issuance of shares of common stock on exercises of stock options	500	41,094	101,369	40,863	22,500	142,963
Restricted stock granted	31,000	24,855		42,773	35,430
Vesting of restricted stock units, shares of common stock	66,073		66,073
Forced conversion of Convertible Note, shares of common stock			3,058,824

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Cash Flows [Abstract]
Net cash provided by operating activities (Note 10)	$ 27,980	$ 32,856
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(17,077)	(14,397)
Acquisition of the noncontrolling interest in Royal Wolf		(73,251)
Proceeds from sales of property, plant and equipment	244	72
Purchases of property, plant and equipment	(5,855)	(3,068)
Proceeds from sales of lease fleet	20,635	19,505
Purchases of lease fleet	(53,681)	(37,979)
Other intangible assets	(105)	(126)
Net cash used in investing activities	(55,839)	(109,244)
Cash flows from financing activities:
Repayments of equipment financing activities	(342)	(384)
Repayment of Credit Suisse Term Loan		(10,000)
Repayment of ANZ/CBA Credit Facility		(81,521)
Proceeds from issuance of Bison Capital Notes		80,000
Repayment of Bison Capital Senior Term Note	(63,311)
Proceeds from senior and other debt borrowings, net	79,938	100,228
Deferred financing costs	(427)	(3,836)
Proceeds from issuances of common stock	858	161
Dividends and distributions by subsidiaries		(1,038)
Refund from terminated Royal Wolf LTI Plan trust		338
Preferred stock dividends	(2,766)	(2,766)
Net cash provided by financing activities	13,950	81,182
Net increase (decrease) in cash	(13,909)	4,794
Cash and equivalents at beginning of period	21,617	7,792
The effect of foreign currency translation on cash	(894)	(1,759)
Cash and equivalents at end of period	$ 6,814	$ 10,827

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($)	Sep. 10, 2018	Sep. 30, 2018	Mar. 31, 2019	Mar. 31, 2018	Sep. 25, 2017	Sep. 19, 2017
Business acquisitions, non-cash holdback and other adjustment			$ 1,734,000	$ 919,000
Forced conversion of Convertible Note, shares of common stock		3,058,824
Senior Secured Convertible Promissory Notes [Member]
Aggregate principal balance of Convertible Note	$ 26,000		$ 26,000,000		$ 24,136,000	$ 26,000,000
Forced conversion of Convertible Note, shares of common stock	3,058,824		3,058,824

Organization and Business Opera

Organization and Business Operations	9 Months Ended
	Mar. 31, 2019
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 subsidiary, Southern Frac, LLC, a Texas limited liability company (collectively “Southern Frac”); 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	9 Months Ended
	Mar. 31, 2019
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 2018” and “FY 2019” are to the nine months ended March 31, 2018 and 2019, 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, derivative liability valuation 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, March 31, 2018 2019 Finished goods $ 18,971 $ 32,255 Work in progress 1,442 2,389 Raw materials 2,318 2,318 $ 22,731 $ 36,962 Property, Plant and Equipment Property, plant and equipment consist of the following (in thousands): Estimated Useful Life June 30, March 31, 2018 2019 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,893 4,893 Transportation and plant equipment (including capital lease assets) 3 — 20 years 43,078 47,340 Furniture, fixtures and office equipment 3 — 10 years 11,959 13,251 62,098 67,652 Less accumulated depreciation and amortization (39,788) (44,380) $ 22,310 $ 23,272 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, 2018 and March 31, 2019, the gross costs of the lease fleet were $555,263,000 and $595,586,000, 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, Other intangible assets include those with indefinite (trademark and trade name) and finite (primarily customer base and lists, non-compete June 30, 2018 March 31, 2019 Gross Amount Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (453) $ 5,033 $ 5,484 $ (453) $ 5,031 Customer base and lists 29,057 (14,150) 14,907 30,908 (16,396) 14,512 Non-compete 9,005 (7,130) 1,875 8,774 (7,898) 876 Deferred financing costs 3,522 (1,905) 1,617 3,563 (2,174) 1,389 Other 4,683 (2,965) 1,718 4,303 (3,337) 966 $ 51,753 $ (26,603) $ 25,150 $ 53,032 $ (30,258) $ 22,774 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, vested 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 related to stock options, non-vested Quarter Ended March 31, Nine Months Ended March 31, 2018 2019 2018 2019 Basic 26,301,706 29,975,295 26,210,697 29,084,947 Dilutive effect of common stock equivalents — — — — Diluted 26,301,706 29,975,295 26,210,697 29,084,947 Potential common stock equivalents totaling 5,681,959 for both the quarter ended March 31, 2018 and FY 2018, respectively, and 2,167,371 for both the quarter ended March 31, 2019 and FY 2019 have been excluded from the computation of diluted earnings per share because the effect is anti-dilutive. Revenue from Contracts with Customers The Company leases and sells new and used storage, office, building and portable liquid storage tank containers, modular buildings and mobile offices to its customers, as well as provides other ancillary products and services. The Company recognizes revenue in accordance with two accounting standards. The portions of the Company’s revenues that arise from lease arrangements are accounted for in accordance with Topic 840, Leases non-lease No. 2014-09, Revenue from Contracts with Customers Our portable storage and modular space rental customers are generally billed in advance for services, which generally includes fleet pickup. Liquid containment rental customers are typically billed in arrears monthly and sales transactions are generally billed upon transfer of the sold items. Payments from customers are generally due upon receipt or 30-day Leasing Revenue Typical rental contracts include the direct rental of fleet, which is accounted for under Topic 840. Rental-related services include fleet delivery and fleet pickup, as well as other ancillary services, which are primarily accounted for under Topic 606. The total amounts of rental-related services related to Topic 606 recognized during the quarter ended March 31, 2019 and FY 2019 and the quarter ended March 31, 2018 and FY 2018 were $13,855,000 and $41,560,000 and $12,114,000 and $34,963,000, respectively. A small portion of the rental-related services, include subleasing, special events leases and other miscellaneous streams, are accounted for under Topic 840. For contracts that have multiple performance obligations, revenue is allocated to each performance obligation in the contract based on the Company’s best estimate of the standalone selling prices of each distinct performance obligation. The standalone selling price is determined using methods and assumptions developed consistently across similar customers and markets generally applying an expected cost plus an estimated margin to each performance obligation. Rental contracts are based on a monthly rate for our portable storage and modular space fleet and a daily rate for our liquid containment fleet. Rental revenue is recognized ratably over the rental period. The rental continues until the end of the initial term of the lease or when cancelled by the customer or the Company. If equipment is returned prior to the end of the contractual lease period, customers are typically billed a cancellation fee, which is recorded as rental revenue in the period billed. Customers may utilize our equipment transportation services and other on-site on-site Non-Lease Non-lease Contract Costs and Liabilities The Company incurs commission costs to obtain rental contracts and for sales of new and used units. We expect the period benefitted by each commission to be less than one year. Therefore, we have applied the practical expedient for incremental costs of obtaining a contract and expense commissions as incurred. When customers are billed in advance for rentals, end of lease services, and deposit payments, we defer revenue and reflect unearned rental revenue at the end of the period. As of March 31, 2019 and June 30, 2018, we had approximately $21,825,000 and $19,226,000, respectively, of unearned rental revenue included in trade payables and accrued liabilities in the accompanying consolidated balance sheets. Revenues of $1,005,000 and $11,405,000, which were included in the unearned rental revenue balance at June 30, 2018, were recognized during the quarter ended March 31, 2019 and FY 2019, respectively. We expect to perform the remaining performance obligations and recognize the unearned rental revenue generally within the next twelve months. Sales taxes charged to customers are excluded from revenues and expenses. Sales of new modular buildings not manufactured by the Company are typically covered by warranties provided by the manufacturer of the products sold. Certain sales of manufactured units are covered by assurance-type warranties and as of March 31, 2019 and June 30, 2018, the Company had $238,556 and $238,956, respectively, of warranty reserve included in trade payables and accrued liabilities in the accompanying consolidated balance sheets. Disaggregated Rental Revenue In the following table, total revenue is disaggregated by revenue type for the periods indicated. The table also includes a reconciliation of the disaggregated rental revenue to our reportable segments. Quarter Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 14,386 $ - $ 14,386 $ - $ - $ 14,386 $ 10,818 $ 25,204 Sales manufactured units - - - 2,736 (1,304 ) 1,432 - 1,432 Total non-lease 14,386 - 14,386 2,736 (1,304 ) 15,818 10,818 26,636 Leasing: Rental revenue 22,519 5,906 28,425 - (424 ) 28,001 12,872 40,873 Rental-related services 9,289 5,508 14,797 - - 14,797 3,903 18,700 Total leasing revenues 31,808 11,414 43,222 - (424 ) 42,798 16,775 59,573 Total revenues $ 46,194 $ 11,414 $ 57,608 $ 2,736 $ (1,728 ) $ 58,616 $ 27,593 $ 86,209 Nine Months Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 53,949 $ - $ 53,949 $ - $ - $ 53,949 $ 38,704 $ 92,653 Sales manufactured units - - - 10,670 (2,729 ) 7,941 - 7,941 Total non-lease 53,949 - 53,949 10,670 (2,729 ) 61,890 38,704 100,594 Leasing: Rental revenue 68,483 20,029 88,512 - (1,515 ) 86,997 37,958 124,955 Rental-related services 27,980 17,301 45,281 - - 45,281 11,164 56,445 Total leasing revenues 96,463 37,330 133,793 - (1,515 ) 132,278 49,122 181,400 Total revenues $ 150,412 $ 37,330 $ 187,742 $ 10,670 $ (4,244 ) $ 194,168 $ 87,826 $ 281,994 Quarter Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 13,667 $ 20 $ 13,687 $ - $ - $ 13,687 $ 13,564 $ 27,251 Sales manufactured units - - - 3,272 (923 ) 2,349 - 2,349 Total non-lease 13,667 20 13,687 3,272 (923 ) 16,036 13,564 29,600 Leasing: Rental revenue 18,885 5,991 24,876 - (304 ) 24,572 12,881 37,453 Rental-related services 9,183 4,375 13,558 - - 13,558 3,810 17,368 Total leasing revenues 28,068 10,366 38,434 - (304 ) 38,130 16,691 54,821 Total revenues $ 41,735 $ 10,386 $ 52,121 $ 3,272 $ (1,227 ) $ 54,166 $ 30,255 $ 84,421 Nine Months Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 39,005 $ 20 $ 39,025 $ - $ - $ 39,025 $ 49,673 $ 88,698 Sales manufactured units - - - 9,856 (3,524 ) 6,332 - 6,332 Total non-lease 39,005 20 39,025 9,856 (3,524 ) 45,357 49,673 95,030 Leasing: Rental revenue 56,201 16,075 72,276 - (797 ) 71,479 37,433 108,912 Rental-related services 26,214 12,199 38,413 - - 38,413 11,113 49,526 Total leasing revenues 82,415 28,274 110,689 - (797 ) 109,892 48,546 158,438 Total revenues $ 121,420 $ 28,294 $ 149,714 $ 9,856 $ (4,321 ) $ 155,249 $ 98,219 $ 253,468 Recently Issued Accounting Pronouncements In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases (Topic 842) No. 2018-01 No. 2018-10 No. 2018-11 No. 2018-20 No. 2019-01 off-balance No. 2016-02, “right-of-use” right-of-use No. 2016-02 No. 2016-02 In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities No. 2017-12 non-financial No. 2017-12 No. 2017-12

Equity Transactions

Equity Transactions	9 Months Ended
	Mar. 31, 2019
Federal Home Loan Banks [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, 2018 and March 31, 2019, 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, 2018 and March 31, 2019, the Company had outstanding 400,000 shares of Series C Preferred Stock with an aggregate liquidation preference totaling $40,620,000 and $40,600,000, respectively. 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 March 31, 2019, since issuance, dividends paid or payable totaled $99,000 for the Series B Preferred Stock and dividends paid totaled $20,850,000 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 2, 2017, Royal Wolf paid a special dividend of AUS$0.0265 per RWH share to shareholders of record on July 18, 2017. The consolidated financial statements reflect the amount of the dividend pertaining to the noncontrolling interest.

Acquisitions

Acquisitions	9 Months Ended
	Mar. 31, 2019
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 FY 2019 Acquisitions On July 2, 2018, the Company, through Royal Wolf, purchased the container business of Spacewise (N.Z.) Limited (“Spacewise NZ”), for approximately $7,337,000 (NZ$10,901,000) which included holdback and other adjustment amounts totaling approximately $615,000 (NZ$914,000). Spacewise operates from eight major locations in New Zealand. On August 9, 2018, the Company, through Pac-Van, On September 21, 2018, the Company, through Pac-Van, Opa-Locka On October 5, 2018, the Company, through Pac-Van, On March 27, 2019, the Company, through Pac-Van, The preliminary allocation for the acquisition in FY 2019 to tangible and intangible assets acquired and liabilities assumed based on their estimated fair market values was as follows (in thousands): Spacewise NZ July 2, 2018 Delmarva August 9, Instant Storage September 21, Tilton October 5, BBS Leasing March 27, Total Fair value of the net tangible assets acquired and liabilities assumed: Trade and other receivables $ — $ — $ — $ — $ — $ — Inventories 995 157 555 318 355 2,380 Property, plant and equipment 79 38 465 329 — 911 Lease fleet 6,834 893 3,013 2,775 234 13,749 Unearned revenue and advance payments (5) (112) (289) (260) (35) (701) Deferred income taxes (225) — — — — (225) Total net tangible assets acquired and liabilities assumed 7,678 976 3,744 3,162 554 16,114 Fair value of intangible assets acquired: Non-compete 67 7 44 42 15 175 Customer lists/relationships 734 — 369 576 254 1,933 Other — — (306) — — (306) Goodwill — — 717 1,651 294 2,662 Total intangible assets acquired 801 7 824 2,269 563 4,464 Total purchase consideration $ 8,479 $ 983 $ 4,568 $ 5,431 $ 1,117 $ 20,578 The FY 2019 operating results prior to and since the respective date of acquisition were not considered significant. The estimated fair value of the tangible and intangible assets acquired and liabilities assumed exceeded the purchase prices of Spacewise NZ and Delmarva resulting in estimated bargain purchase gains of $1,142,000 and $625,000, respectively. These gains have been recorded as non-operating Goodwill recognized is attributable primarily to expected corporate synergies, the assembled workforce and other factors. The goodwill recognized in the Instant Storage, Tilton and BBS Leasing acquisitions are deductible for U.S. income tax purposes. The Company incurred approximately $20,000 and $84,000 during the quarter ended March 31, 2018 and FY 2018, respectively; and $162,000 and $285,000 during the quarter ended March 31, 2019 and FY 2019, 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	9 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Senior and Other Debt	Note 5. Senior and Other Debt Asia-Pacific Leasing Senior Credit Facility The Company’s operations in the Asia-Pacific area had an 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”). On October 26, 2017, RWH and its subsidiaries, Deutsche Bank AG, Sydney Branch (“Deutsche Bank”), CSL Fund (PB) Lux Sarl II, Aiguilles Rouges Lux Sarl II, Perpetual Corporate Trust Limited and P.T. Limited entered into a Syndicated Facility Agreement (the “Syndicated Facility Agreement”). Pursuant to the Syndicated Facility Agreement, the parties entered into a senior secured credit facility and repaid the ANZ/CBA Credit Facility on November 3, 2017. The senior secured credit facility, as amended on June 25, 2018 and March 22, 2019 (the “Deutsche Bank Credit Facility”), consists of a $30,530,000 (AUS$43,000,000) Facility A that will amortize semi-annually; a $82,714,000 (AUS$116,500,000) Facility B that has no scheduled amortization; a $14,200,000 (AUS$20,000,000) revolving Facility C that is used for working capital, capital expenditures and general corporate purposes; and a $26,625,000 (AUS$37,500,000) revolving Term Loan Facility D. Borrowings bear interest at the three-month bank bill swap interest rate in Australia (“BBSY”), plus a margin of 4.25% to 5.50% per annum, as determined by net leverage, as defined. In addition, financing fees totaling $2,038,700 (AUS$2,871,400) are payable quarterly in advance through maturity. The Deutsche Bank Credit Facility is secured by substantially all of the assets of Royal Wolf and by the pledge of all the capital stock of GFNAPH and its subsidiaries and matures on November 2, 2023. However, an exit fee of $746,600 (AUS$1,051,600) is due on November 3, 2020 from the original November 3, 2017 financing. Prepayment penalties equal to 3.0% and 1.0% of any amount prepaid under the Deutsche Bank Credit Facility will expire on March 22, 2020 and 2021, with no prepayment penalty due after March 22, 2021. The Deutsche Bank Credit Facility is subject to certain financial and other customary covenants, including, among other things, compliance with specified net leverage and debt requirement or fixed charge ratios based on earnings before interest, income taxes, impairment, depreciation and amortization and other non-operating At March 31, 2019, the Deutsche Bank Credit Facility totaled $140,785,000 (AUS$198,291,000), net of deferred financing costs of $1,331,000 (AUS$1,874,000), and availability, including cash at the bank, totaled $14,337,000 (AUS$20,193,000). The above amounts were translated based upon the exchange rate of one Australian dollar to 0.709992 U.S. dollar and one New Zealand dollar to 0.681018 U.S. dollar at March 31, 2019. Bison Capital Notes General On September 19, 2017, Bison Capital Equity Partners V, L.P and its affiliates (“Bison Capital”), GFN, GFN U.S., GFNAPH and GFN Asia Pacific Finance Pty Ltd, an Australian corporation (“GFNAPF”), entered into that certain Amended and Restated Securities Purchase Agreement dated September 19, 2017 (the “Amended Securities Purchase Agreement”). On September 25, 2017, pursuant to the Amended Securities Purchase Agreement, GFNAPH and GFNAPF issued and sold to Bison an 11.9% secured senior convertible promissory note dated September 25, 2017 in the original principal amount of $26,000,000 (the “Convertible Note”) and an 11.9% secured senior promissory note dated September 25, 2017 in the original principal amount of $54,000,000 (the “Senior Term Note” and collectively with the Convertible Note, the “Bison Capital Notes”). Net proceeds from the sale of the Bison Capital Notes were used to repay in full all principal, interest and other amounts due under the term loan to Credit Suisse, to acquire the 49,188,526 publicly-traded shares of RWH not owned by the Company and to pay all related fees and expenses. The Bison Capital Notes had a maturity of five years and bore interest from the date of issuance, payable quarterly in arrears beginning on January 2, 2018. The Bison Capital Notes may have been prepaid at 102% of the original principal amount, plus accrued interest, after the first anniversary and prior to the second anniversary of issuance, at 101% of the original principal amount, plus accrued interest, after the second anniversary and prior to the third anniversary of issuance and with no prepayment premium after the third anniversary of issuance. The Company may have elected to defer interest under the Bison Capital Notes until the second anniversary of issuance. Interest on the Bison Capital Notes were payable in Australian dollars, but the principal was to be repaid in U.S. dollars. The Bison Capital Notes were secured by a first priority security interest over all of the assets of GFN U.S., GFNAPH and GFNAPF, by the pledge by GFN U.S. of the capital stock of GFNAPH and GFNAPF and by of all of the capital stock of RWH. The Bison Capital Notes were subject to all terms, conditions and covenants set forth in the Amended Securities Purchase Agreement. The Amended Securities Purchase Agreement contained certain financial and other customary and restrictive covenants, including, among other things, a minimum EBITDA requirement to equal or exceed AUS$30,000,000 per trailing 12-month On March 25, 2019, the Senior Term Note was repaid in full by proceeds totaling $63,311,000 (AUS$89,804,000) borrowed under the Deutsche Bank Credit Facility, which included interest the Company elected to defer and a prepayment fee of two percent. Convertible Note At any time prior to maturity, Bison Capital may have converted unpaid principal and interest under the Convertible Note into shares of GFN common stock based upon a price of $8.50 per share (3,058,824 shares based on the original $26,000,000 principal amount), subject to adjustment as described in the Convertible Note. If GFN common stock trades above 150% of the conversion price over 30 consecutive trading days and the aggregate dollar value of all GFN common stock traded on NASDAQ exceeds $600,000 over the last 20 consecutive days of the same 30-day . The Company evaluated the Convertible Note at its issuance and determined that certain conversion rights were an embedded derivative that required bifurcation because they were not deemed to be clearly and closely related to the Convertible Note, met the definition of a derivative and none of the exceptions applied. As a result, the Company separately accounted for these conversion rights as a standalone derivative. As of the date of issuance on September 25, 2017, the fair value of this bifurcated derivative was determined to be $1,864,000, resulting in a principal balance of $24,136,000 for the Convertible Note. The Company determined the fair value of the bifurcated derivative using a valuation model and market prices and reassessed its fair value at the end of each reporting period, with any changes in value reported in the accompanying consolidated statements of operations. At September 10, 2018, prior to conversion, the fair value of this bifurcated derivative was $29,288,000, of which $20,370,000 was extinguished upon the conversion of the Convertible Note into shares of the Company’s common stock. The value of the shares received was recorded as a benefit to equity of $44,506,000 in FY 2019. North America Senior Credit Facility The North America leasing (Pac-Van First-In, Last-Out The Wells Fargo Credit Facility is secured by substantially all of the rental fleet, inventory and other assets of the Company’s North American leasing and manufacturing operations. The Wells Fargo Credit Facility effectively not only finances the North American operations, but also the funding requirements for the Series C Preferred Stock (see Note 3) and the publicly-traded unsecured senior notes. The maximum amount of intercompany dividends that 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%. The FILO Term Loan that was within the Wells Fargo Credit Facility bore interest at 11.00% above the LIBOR rate, with a LIBOR rate floor of 1.00%. The Wells Fargo Credit Facility contains, among other things, certain financial covenants, including fixed charge coverage ratios, and other covenants, representations, warranties, indemnification provisions, and events of default that are customary for senior secured credit facilities; including a covenant that would require repayment upon a change in control, as defined. At March 31, 2019, borrowings and availability under the Wells Fargo Credit Facility totaled $201,800,000 and $51,937,000, respectively. Senior Notes On June 18, 2014, the Company completed the sale of unsecured senior notes (the “Senior Notes”) in a public offering for an aggregate principal amount of $72,000,000. On April 24, 2017, the Company completed the sale of a “tack-on” Pac-Van Pac-Van ‘tack-on” 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”). 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. On October 31, 2018, the Company successfully completed a consent solicitation to amend the Base Indenture and First Supplemental Indenture to permit the Company to incur additional indebtedness from time to time, including pursuant to its existing Wells Fargo Credit Facility and existing master capital lease agreement, or such new capital lease obligations as the Company may enter into from time to time. The consent of at least a majority in the aggregate principal amount outstanding of the Senior Notes as of the record date (as defined in the consent solicitation statement dated October 16, 2018) was required to approve the proposed amendments and the Company received consents from approximately 63.3% of the holders of the Senior Notes. Upon the terms and subject to the conditions described in the consent solicitation statement, the Company made cash payments totaling $195,820, or $0.10 per $25 of Senior Notes held by each holder as of the record date who had validly delivered consent. As a result of the successful consent solicitation, the Company and the Trustee entered into the Second Supplemental Indenture dated October 31, 2018 (the “Second Supplemental Indenture” and, together with the Base Indenture and First Supplemental Indenture, the “Indenture”). The Company had an option, prior to July 31, 2017, to 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 have redeemed 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 Company has not redeemed any of its 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 March 31, 2019, equipment financing and other debt totaled $6,047,000. The Company was in compliance with the financial covenants under all its credit facilities as of March 31, 2019. The weighted-average interest rate in the Asia-Pacific area was 10.4% and 10.0% during the quarter ended March 31, 2018 and FY 2018, respectively, and 13.7% and 10.7% during the quarter ended March 31, 2019 and FY 2019, respectively; which does not include the effect of translation, derivative valuation, amortization of deferred financing costs and accretion. The weighted-average interest rate in North America was 6.2% and 6.0% during the quarter ended March 31, 2018 and FY 2018, respectively, and 6.2% and 6.7% during the quarter ended March 31, 2019 and FY 2019, respectively; which does not include the effect of the amortization of deferred financing costs and accretion.

Financial Instruments

Financial Instruments	9 Months Ended
	Mar. 31, 2019
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, 2018 March 31, 2019 Swap Contracts Trade payables and accrued liabilities $ 223 $ 451 Forward-Exchange Contracts Trade and other receivables 298 20 Trade payables and accrued liabilities — 5 Bifurcated Derivatives Fair value of bifurcated derivatives in Convertible Note 15,583 18,041 Quarter Ended March 31, Nine Months Ended Type of Derivative Contract Statement of Operations 2018 2019 2018 2019 Swap Contracts Unrealized gain (loss) included in “Interest expense” $ 9 $ — $ 9 $ — Forward Exchange Contracts Unrealized foreign currency exchange gain (loss) included in “Foreign exchange and other” 10 (152) 402 (279) Bifurcated Derivatives Change in valuation of bifurcated derivatives in Convertible Note (504) (1,131) (2,221) (22,829) 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 has entered into interest rate swaps and interest rate options, in which the Company agreed 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 were designated to hedge changes in the interest rate of a portion of the outstanding borrowings in the Asia-Pacific area. In the year ended June 30, 2017 (“FY 2017”), the Company entered into two interest rate swaps that were designated as cash flow hedges. The Company expected these derivatives to remain effective during their remaining terms, but recorded any changes in the portion of the hedges considered ineffective in interest expense in the consolidated statement of operations. There was no ineffective portion recorded in FY 2017 and only a nominal gain in FY 2018. During the quarter ended December 31, 2017, these two interest rate swap contracts were closed, with the Company incurring break costs of $148,000. In January 2018, the Company entered into another interest rate swap contract that was also designated as a cash flow hedge. The Company expects this derivative to remain highly effective during its term; however, any changes in the portion of the hedge considered ineffective would also be recorded in interest expense in the consolidated statement of operations. In the quarter ended March 31, 2018, the Company recorded in interest expense an unrealized gain of $9,000 for the portion considered ineffective. There was no ineffective portion recorded in FY 2019. The Company’s interest rate derivative instruments were not traded on a market exchange; therefore, the fair values were 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, 2018 and March 31, 2019, the open interest rate swap contracts were as follows (dollars in thousands): June 30, March 31, 2018 2019 Notional amounts $ 37,055 $ 35,450 Fixed/Strike Rates 7.414% 7.414% Floating Rates 7.16% 6.821% Fair Value of Combined Contracts $ (223) $ (451) 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, 2018, there were 32 open forward exchange contracts that mature between July 2018 and November 2018; and, as of March 31, 2019, there were 39 open forward exchange contracts that mature between May 2019 and August 2019, as follows (dollars in thousands): June 30, March 31, 2018 2019 Notional amounts $ 8,950 $ 5,769 Exchange/Strike Rates (AUD to USD) 0.68142 – 0.80004 0.67233 – 0.72032 Fair Value of Combined Contracts $ 298 $ 15 For the quarter ended March 31, 2018 and 2019, net unrealized and realized foreign exchange gains (losses) totaled $(1,390,000) and $37,000 and $6,602,000 and $(6,454,000), respectively. In FY 2018 and FY 2019, net unrealized and realized foreign exchange gains (losses) totaled $(2,722,000) and $(369,000), and $5,334,000 and $(10,141,000), respectively. 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 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, which are based on data published by 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, 2018 was determined to be approximately $423,029,000. The Company also determined that the fair value of its other debt of $6,652,000 at June 30, 2018 approximated or would not vary significantly from their carrying values. The Company believes that market conditions at March 31, 2019 have not changed significantly from June 30, 2018. Therefore, the proportion of the fair value to the carrying value of the Company’s senior credit facilities and other debt at March 31, 2019 would not vary significantly from the proportion determined at June 30, 2018. Under the provisions of FASB ASC Topic 825, Financial Instruments,

Related-Party Transactions

Related-Party Transactions	9 Months Ended
	Mar. 31, 2019
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 then Chief Executive Officer (now Executive Chairman of the Board of Directors) 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 the first option to renew the lease for an additional five-year term commencing February 1, 2013 and on August 7, 2017, it exercised its second option for an additional five-year term commencing on February 1, 2018. Rental payments were $28,000 and $84,000 during the quarter ended March 31, 2018 and FY 2018, respectively; and $29,000 and $84,000 during the quarter ended March 31, 2019 and FY 2019, respectively. The premises of Pac-Van’s month-to-month two-year

Equity Plans

Equity Plans	9 Months Ended
	Mar. 31, 2019
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 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 March 31, 2019, there were no significant outstanding stock options held by non-employee Number of Weighted- Weighted- Outstanding at June 30, 2018 1,824,910 $ 4.52 Granted 3,249 10.34 Exercised (142,963) 6.01 Forfeited or expired (9,000) 6.50 Outstanding at March 31, 2019 1,676,196 $ 4.39 5.3 Vested and expected to vest at March 31, 2019 1,676,196 $ 4.39 5.3 Exercisable at March 31, 2019 1,360,361 $ 4.03 4.6 At March 31, 2019, outstanding time-based options and performance-based options totaled 1,087,972 and 588,224, respectively. Also at that date, the Company’s market price for its common stock was $9.33 per share, which was above the exercise prices of substantially all of the outstanding stock options, and the intrinsic value of the outstanding stock options at that date was $8,514,800. Share-based compensation of $8,755,000 related to stock options has been recognized in the consolidated statements of operations, with a corresponding benefit to equity, from inception through March 31, 2019. At that date, there remains $860,000 of unrecognized compensation expense to be recorded on a straight-line basis over the remaining weighted-average vesting period of 0.9 years. A deduction is not allowed for U.S. income tax purposes with respect to non-qualified A summary of the Company’s restricted stock and RSU activity follows: Restricted Stock RSU Shares Weighted-Average Shares Weighted-Average Nonvested at June 30, 2018 379,850 $ 6.32 211,763 $ 7.15 Granted 55,855 11.11 20,590 10.34 Vested (83,717) 5.46 (66,073) 7.15 Forfeited — — (27,093) 7.15 Nonvested at March 31, 2019 351,988 $ 7.29 139,187 $ 7.62 Share-based compensation of $4,168,000 and $693,000 related to restricted stock and RSU, respectively, has been recognized in the consolidated statements of operations, with a corresponding benefit to equity, from inception through March 31, 2019. At that date, there remains $1,843,000 for the restricted stock and $861,000 for the RSU of unrecognized compensation expense to be recorded on a straight-line basis over the remaining vesting period of less than a year to 2.9 years for the restricted stock and 1.3 to 2.5 years for the RSU. 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 have granted, 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 were up to four years and, generally, were 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 determined otherwise, if an option, performance right or restricted share had not lapsed or been forfeited earlier, it would have terminated at the seventh anniversary from the date of grant. It was intended that up to one percent of RWH’s outstanding capital stock would be reserved for grant under the LTI Plan and a trust was established to hold RWH shares for this purpose. However, since the Company held more than 50% of the outstanding shares of RWH capital stock, RWH shares reserved for grant under the LTI Plan were purchased in the open market. The LTI Plan, among other provisions, did 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, would have determined whether, and how many, unvested options, performance rights and restricted shares would have vested. In addition, if, in the RWH Board’s opinion, a participant acted fraudulently or dishonestly or was in breach of his obligations to Royal Wolf, the RWH Board may have deemed any options, performance rights and restricted shares held by or reserved for the participant to have lapsed or been forfeited. With the Company’s acquisition of the noncontrolling interest of Royal Wolf (see Note 5), the LTI Plan was terminated in September 2017 and the RWH Board determined that 582,370 performance rights were deemed vested, resulting in payments totaling A$1,066,000 ($835,000) to participants. At the date of its termination, Royal Wolf had granted, net of forfeitures, 2,582,723 performance rights to key management personnel under the LTI Plan. Also, through the date of termination, 677,953 of the performance rights had been converted into RWH capital stock through purchases in the open market. In FY 2018, share-based compensation of $1,207,000 related to the LTI Plan had been recognized in the consolidated statements of operations, with a corresponding benefit to equity. In addition, in the quarter ended March 31, 2018, $338,000 (A$458,000) was refunded back to Royal Wolf by the trust established to make the open market purchases of RWH shares reserved for grant under the LTI Plan. This refund was recorded as a benefit to equity.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9. Commitments and Contingencies Self-Insurance The Company has insurance policies to cover auto liability, general liability, directors and officers liability and workers compensation-related claims. Effective on February 1, 2017, the Company became self-insured for auto liability and general liability through GFNI, a wholly-owned captive insurance company, up to a maximum of $1,200,000 per policy period. Claims and expenses are reported when it is probable that a loss has occurred and the amount of the loss can be reasonably estimated. These losses include an estimate of claims that have been incurred but not reported. At June 30, 2018 and March 31, 2019, reported liability totaled $691,000 and $1,091,000, respectively, and has been recorded in the caption “Trade payables and accrued liabilities” in the accompanying consolidated balance sheets. Other Matters 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	9 Months Ended
	Mar. 31, 2019
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): Nine Months Ended March 31, 2018 2019 Cash flows from operating activities Net loss $ 1,567 $ (12,702) Adjustments to reconcile net income loss to cash flows from operating activities: Gain on sales and disposals of property, plant and equipment (11) (76) Gain on sales of lease fleet (5,407) (6,219) Gains on bargain purchases of businesses — (1,767) Unrealized foreign exchange loss (gain) 2,722 (5,334) Non-cash — 3,554 Unrealized (gain) loss on forward exchange contracts (402) 279 Unrealized gain on interest rate swap (9) — Change in valuation of bifurcated derivatives in Convertible Note 2,221 22,829 Depreciation and amortization 30,123 32,256 Amortization of deferred financing costs 1,822 2,446 Accretion of interest 596 (529) Interest deferred on Senior Term Note — 4,798 Share-based compensation expense 2,986 1,996 Deferred income taxes (1,386) 4,233 Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions): Trade and other receivables, net (9,129) (4,858) Inventories 851 (12,456) Prepaid expenses and other (1,195) (3,404) Trade payables, accrued liabilities and unearned revenues 6,668 3,225 Income taxes 839 (291) Net cash provided by operating activities $ 32,856 $ 27,980

Segment Reporting

Segment Reporting	9 Months Ended
	Mar. 31, 2019
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 March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Revenues: Sales $ 14,386 $ - $ 14,386 $ 2,736 $ (1,304) $ 15,818 $ 10,818 $ 26.636 Leasing 31,808 11,414 43,222 - (424) 42,798 16,775 59,573 $ 46,194 $ 11,414 $ 57,608 $ 2,736 $ (1,728) $ 58,616 $ 27,593 $ 86,209 Share-based compensation $ 86 $ 9 $ 95 $ 7 $ 393 $ 495 $ 160 $ 655 Depreciation and amortization $ 3,950 $ 2,403 $ 6,353 $ 101 $ (189) $ 6,265 $ 4,733 $ 10,998 Operating income $ 8,154 $ 2,708 $ 10,862 $ (91) $ (1,484) $ 9,287 $ 3,124 $ 12,411 Interest income $ - $ - $ - $ - $ 3 $ 3 $ 24 $ 27 Interest expense $ 2,680 $ 250 $ 2,930 $ 53 $ 1,716 $ 4,699 $ 5,508 $ 10,207 Nine Months Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 53,949 $ - $ 53,949 $ 10,670 $ (2,729) $ 61,890 $ 38,704 $ 100,594 Leasing 96,463 37,330 133,793 - (1,515) 132,278 49,122 181,400 $ 150,412 $ 37,330 $ 187,742 $ 10,670 $ (4,244) $ 194,168 $ 87,826 $ 281,994 Share-based compensation $ 234 $ 23 $ 257 $ 19 $ 1,176 $ 1,452 $ 544 $ 1,996 Depreciation and amortization $ 11,455 $ 7,153 $ 18,608 $ 304 $ (562 ) $ 18,350 $ 13,906 $ 32,256 Operating income $ 28,962 $ 11,730 $ 40,692 $ 518 $ (4,116 ) $ 37,094 $ 8,977 $ 46,071 Interest income $ - $ - $ - $ - $ 5 $ 5 $ 103 $ 108 Interest expense $ 8,511 $ 939 $ 9,450 $ 212 $ 5,126 $ 14,788 $ 12,912 $ 27,700 Additions to long-lived assets $ 39,112 $ 1,771 $ 40,883 $ 20 $ (162 ) $ 40,741 $ 18,795 $ 59,536 At March 31, 2019 Long-lived assets $ 293,773 $ 46,038 $ 339,811 $ 1,800 $ (9,693 ) $ 331,918 $ 146,988 $ 478,906 Goodwill $ 64,336 $ 20,782 $ 85,118 $ - $ - $ 85,118 $ 26,285 $ 111,403 At June 30, 2018 Long-lived assets $ 264,651 $ 49,352 $ 314,003 $ 2,083 $ (10,099 ) $ 305,987 $ 145,711 $ 451,698 Goodwill $ 61,693 $ 20,782 $ 82,475 $ - $ - $ 82,475 $ 27,468 $ 109,943 Quarter Ended March 31, 2018 North America Leasing Pac-Van Lone Combined Manufacturing Corporate Total Asia –Pacific Consolidated Revenues: Sales $ 13,667 $ 20 $ 13,687 $ 3,272 $ (923 ) $ 16,036 $ 13,564 $ 29,600 Leasing 28,068 10,366 38,434 — (304 ) 38,130 16,691 54,821 $ 41,735 $ 10,386 $ 52,121 $ 3,272 $ (1,227 ) $ 54,166 $ 30,255 $ 84,421 Share-based compensation $ 69 $ 11 $ 80 $ 11 $ 684 $ 775 $ 114 $ 889 Depreciation and amortization $ 3,546 $ 2,309 $ 5,855 $ 117 $ (183 ) $ 5,789 $ 4,342 $ 10,131 Operating income $ 6,611 $ 2,688 $ 9,299 $ (17 ) $ (1,588 ) $ 7,694 $ 3,178 $ 10,872 Interest income $ - $ - $ - $ - $ 2 $ 2 $ 41 $ 43 Interest expense $ 2,380 $ 452 $ 2,832 $ 94 $ 1,699 $ 4,625 $ 4,773 $ 9,398 Nine Months Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 39,005 $ 20 $ 39,025 $ 9,856 $ (3,524 ) $ 45,357 $ 49,673 $ 95,030 Leasing 82,415 28,274 110,689 - (797 ) 109,892 48,546 158,438 $ 121,420 $ 28,294 $ 149,714 $ 9,856 $ (4,321 ) $ 155,249 $ 98,219 $ 253,468 Share-based compensation $ 242 $ 31 $ 273 $ 37 $ 1,355 $ 1,665 $ 1,321 $ 2,986 Depreciation and amortization $ 10,542 $ 6,840 $ 17,382 $ 452 $ (548 ) $ 17,286 $ 12,837 $ 30,123 Operating income $ 20,627 $ 5,328 $ 25,955 $ (680 ) $ (3,929 ) $ 21,346 $ 10,232 $ 31,578 Interest income $ - $ - $ - $ - $ 8 $ 8 $ 73 $ 81 Interest expense $ 6,631 $ 1,372 $ 8,003 $ 294 $ 5,592 $ 13,889 $ 10,778 $ 24,667 Additions to long-lived assets $ 25,355 $ 2,973 $ 28,328 $ 5 $ (252 ) $ 28,081 $ 12,966 $ 41,047 Intersegment net revenues related to sales of primarily portable liquid storage containers and ground level offices from Southern Frac to the North American leasing operations totaled $923,000 and $3,524,000 during the quarter ended March 31, 2018 and FY 2018, respectively; and $1,304,000 and $2,729,000 during the quarter ended March 31, 2019 and FY 2019, respectively. Intrasegment net revenues in the North American leasing operations related to primarily the leasing of portable liquid storage containers from Pac-Van

Subsequent Events

Subsequent Events	9 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 12. Subsequent Events On April 12, 2019, the Company announced that its Board of Directors declared a cash dividend of $2.225 per share on the Series C Preferred Stock (see Note 3). The dividend is for the period commencing on January 31, 2019 through April 29, 2019, and is payable on April 30, 2019 to holders of record as of April 29, 2019. On May 7, 2019, the Company, through Pac-Van,

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2019
Federal Home Loan Banks [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 2018” and “FY 2019” are to the nine months ended March 31, 2018 and 2019, 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, derivative liability valuation 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, March 31, 2018 2019 Finished goods $ 18,971 $ 32,255 Work in progress 1,442 2,389 Raw materials 2,318 2,318 $ 22,731 $ 36,962
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consist of the following (in thousands): Estimated Useful Life June 30, March 31, 2018 2019 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,893 4,893 Transportation and plant equipment (including capital lease assets) 3 — 20 years 43,078 47,340 Furniture, fixtures and office equipment 3 — 10 years 11,959 13,251 62,098 67,652 Less accumulated depreciation and amortization (39,788) (44,380) $ 22,310 $ 23,272
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, 2018 and March 31, 2019, the gross costs of the lease fleet were $555,263,000 and $595,586,000, 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, Other intangible assets include those with indefinite (trademark and trade name) and finite (primarily customer base and lists, non-compete June 30, 2018 March 31, 2019 Gross Amount Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (453) $ 5,033 $ 5,484 $ (453) $ 5,031 Customer base and lists 29,057 (14,150) 14,907 30,908 (16,396) 14,512 Non-compete 9,005 (7,130) 1,875 8,774 (7,898) 876 Deferred financing costs 3,522 (1,905) 1,617 3,563 (2,174) 1,389 Other 4,683 (2,965) 1,718 4,303 (3,337) 966 $ 51,753 $ (26,603) $ 25,150 $ 53,032 $ (30,258) $ 22,774
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, vested 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 related to stock options, non-vested Quarter Ended March 31, Nine Months Ended March 31, 2018 2019 2018 2019 Basic 26,301,706 29,975,295 26,210,697 29,084,947 Dilutive effect of common stock equivalents — — — — Diluted 26,301,706 29,975,295 26,210,697 29,084,947 Potential common stock equivalents totaling 5,681,959 for both the quarter ended March 31, 2018 and FY 2018, respectively, and 2,167,371 for both the quarter ended March 31, 2019 and FY 2019 have been excluded from the computation of diluted earnings per share because the effect is anti-dilutive.
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company leases and sells new and used storage, office, building and portable liquid storage tank containers, modular buildings and mobile offices to its customers, as well as provides other ancillary products and services. The Company recognizes revenue in accordance with two accounting standards. The portions of the Company’s revenues that arise from lease arrangements are accounted for in accordance with Topic 840, Leases non-lease No. 2014-09, Revenue from Contracts with Customers Our portable storage and modular space rental customers are generally billed in advance for services, which generally includes fleet pickup. Liquid containment rental customers are typically billed in arrears monthly and sales transactions are generally billed upon transfer of the sold items. Payments from customers are generally due upon receipt or 30-day Leasing Revenue Typical rental contracts include the direct rental of fleet, which is accounted for under Topic 840. Rental-related services include fleet delivery and fleet pickup, as well as other ancillary services, which are primarily accounted for under Topic 606. The total amounts of rental-related services related to Topic 606 recognized during the quarter ended March 31, 2019 and FY 2019 and the quarter ended March 31, 2018 and FY 2018 were $13,855,000 and $41,560,000 and $12,114,000 and $34,963,000, respectively. A small portion of the rental-related services, include subleasing, special events leases and other miscellaneous streams, are accounted for under Topic 840. For contracts that have multiple performance obligations, revenue is allocated to each performance obligation in the contract based on the Company’s best estimate of the standalone selling prices of each distinct performance obligation. The standalone selling price is determined using methods and assumptions developed consistently across similar customers and markets generally applying an expected cost plus an estimated margin to each performance obligation. Rental contracts are based on a monthly rate for our portable storage and modular space fleet and a daily rate for our liquid containment fleet. Rental revenue is recognized ratably over the rental period. The rental continues until the end of the initial term of the lease or when cancelled by the customer or the Company. If equipment is returned prior to the end of the contractual lease period, customers are typically billed a cancellation fee, which is recorded as rental revenue in the period billed. Customers may utilize our equipment transportation services and other on-site on-site Non-Lease Non-lease Contract Costs and Liabilities The Company incurs commission costs to obtain rental contracts and for sales of new and used units. We expect the period benefitted by each commission to be less than one year. Therefore, we have applied the practical expedient for incremental costs of obtaining a contract and expense commissions as incurred. When customers are billed in advance for rentals, end of lease services, and deposit payments, we defer revenue and reflect unearned rental revenue at the end of the period. As of March 31, 2019 and June 30, 2018, we had approximately $21,825,000 and $19,226,000, respectively, of unearned rental revenue included in trade payables and accrued liabilities in the accompanying consolidated balance sheets. Revenues of $1,005,000 and $11,405,000, which were included in the unearned rental revenue balance at June 30, 2018, were recognized during the quarter ended March 31, 2019 and FY 2019, respectively. We expect to perform the remaining performance obligations and recognize the unearned rental revenue generally within the next twelve months. Sales taxes charged to customers are excluded from revenues and expenses. Sales of new modular buildings not manufactured by the Company are typically covered by warranties provided by the manufacturer of the products sold. Certain sales of manufactured units are covered by assurance-type warranties and as of March 31, 2019 and June 30, 2018, the Company had $238,556 and $238,956, respectively, of warranty reserve included in trade payables and accrued liabilities in the accompanying consolidated balance sheets. Disaggregated Rental Revenue In the following table, total revenue is disaggregated by revenue type for the periods indicated. The table also includes a reconciliation of the disaggregated rental revenue to our reportable segments. Quarter Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 14,386 $ - $ 14,386 $ - $ - $ 14,386 $ 10,818 $ 25,204 Sales manufactured units - - - 2,736 (1,304 ) 1,432 - 1,432 Total non-lease 14,386 - 14,386 2,736 (1,304 ) 15,818 10,818 26,636 Leasing: Rental revenue 22,519 5,906 28,425 - (424 ) 28,001 12,872 40,873 Rental-related services 9,289 5,508 14,797 - - 14,797 3,903 18,700 Total leasing revenues 31,808 11,414 43,222 - (424 ) 42,798 16,775 59,573 Total revenues $ 46,194 $ 11,414 $ 57,608 $ 2,736 $ (1,728 ) $ 58,616 $ 27,593 $ 86,209 Nine Months Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 53,949 $ - $ 53,949 $ - $ - $ 53,949 $ 38,704 $ 92,653 Sales manufactured units - - - 10,670 (2,729 ) 7,941 - 7,941 Total non-lease 53,949 - 53,949 10,670 (2,729 ) 61,890 38,704 100,594 Leasing: Rental revenue 68,483 20,029 88,512 - (1,515 ) 86,997 37,958 124,955 Rental-related services 27,980 17,301 45,281 - - 45,281 11,164 56,445 Total leasing revenues 96,463 37,330 133,793 - (1,515 ) 132,278 49,122 181,400 Total revenues $ 150,412 $ 37,330 $ 187,742 $ 10,670 $ (4,244 ) $ 194,168 $ 87,826 $ 281,994 Quarter Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 13,667 $ 20 $ 13,687 $ - $ - $ 13,687 $ 13,564 $ 27,251 Sales manufactured units - - - 3,272 (923 ) 2,349 - 2,349 Total non-lease 13,667 20 13,687 3,272 (923 ) 16,036 13,564 29,600 Leasing: Rental revenue 18,885 5,991 24,876 - (304 ) 24,572 12,881 37,453 Rental-related services 9,183 4,375 13,558 - - 13,558 3,810 17,368 Total leasing revenues 28,068 10,366 38,434 - (304 ) 38,130 16,691 54,821 Total revenues $ 41,735 $ 10,386 $ 52,121 $ 3,272 $ (1,227 ) $ 54,166 $ 30,255 $ 84,421 Nine Months Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 39,005 $ 20 $ 39,025 $ - $ - $ 39,025 $ 49,673 $ 88,698 Sales manufactured units - - - 9,856 (3,524 ) 6,332 - 6,332 Total non-lease 39,005 20 39,025 9,856 (3,524 ) 45,357 49,673 95,030 Leasing: Rental revenue 56,201 16,075 72,276 - (797 ) 71,479 37,433 108,912 Rental-related services 26,214 12,199 38,413 - - 38,413 11,113 49,526 Total leasing revenues 82,415 28,274 110,689 - (797 ) 109,892 48,546 158,438 Total revenues $ 121,420 $ 28,294 $ 149,714 $ 9,856 $ (4,321 ) $ 155,249 $ 98,219 $ 253,468
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases (Topic 842) No. 2018-01 No. 2018-10 No. 2018-11 No. 2018-20 No. 2019-01 off-balance No. 2016-02, “right-of-use” right-of-use No. 2016-02 No. 2016-02 In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815) – Targeted Improvements to Accounting for Hedging Activities No. 2017-12 non-financial No. 2017-12 No. 2017-12
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

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Schedule of Inventories	Inventories are comprised of the following (in thousands): June 30, March 31, 2018 2019 Finished goods $ 18,971 $ 32,255 Work in progress 1,442 2,389 Raw materials 2,318 2,318 $ 22,731 $ 36,962
Property, Plant and Equipment	Estimated Useful Life June 30, March 31, 2018 2019 Land — $ 2,168 $ 2,168 Building and improvements 10 — 40 years 4,893 4,893 Transportation and plant equipment (including capital lease assets) 3 — 20 years 43,078 47,340 Furniture, fixtures and office equipment 3 — 10 years 11,959 13,251 62,098 67,652 Less accumulated depreciation and amortization (39,788) (44,380) $ 22,310 $ 23,272
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, 2018 March 31, 2019 Gross Amount Accumulated Net Carrying Gross Accumulated Net Carrying Trademark and trade name $ 5,486 $ (453) $ 5,033 $ 5,484 $ (453) $ 5,031 Customer base and lists 29,057 (14,150) 14,907 30,908 (16,396) 14,512 Non-compete 9,005 (7,130) 1,875 8,774 (7,898) 876 Deferred financing costs 3,522 (1,905) 1,617 3,563 (2,174) 1,389 Other 4,683 (2,965) 1,718 4,303 (3,337) 966 $ 51,753 $ (26,603) $ 25,150 $ 53,032 $ (30,258) $ 22,774
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 March 31, Nine Months Ended March 31, 2018 2019 2018 2019 Basic 26,301,706 29,975,295 26,210,697 29,084,947 Dilutive effect of common stock equivalents — — — — Diluted 26,301,706 29,975,295 26,210,697 29,084,947
Reconciliation of the Disaggregated Rental Revenue	In the following table, total revenue is disaggregated by revenue type for the periods indicated. The table also includes a reconciliation of the disaggregated rental revenue to our reportable segments. Quarter Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 14,386 $ - $ 14,386 $ - $ - $ 14,386 $ 10,818 $ 25,204 Sales manufactured units - - - 2,736 (1,304 ) 1,432 - 1,432 Total non-lease 14,386 - 14,386 2,736 (1,304 ) 15,818 10,818 26,636 Leasing: Rental revenue 22,519 5,906 28,425 - (424 ) 28,001 12,872 40,873 Rental-related services 9,289 5,508 14,797 - - 14,797 3,903 18,700 Total leasing revenues 31,808 11,414 43,222 - (424 ) 42,798 16,775 59,573 Total revenues $ 46,194 $ 11,414 $ 57,608 $ 2,736 $ (1,728 ) $ 58,616 $ 27,593 $ 86,209 Nine Months Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Non-lease: Sales lease inventories and fleet $ 53,949 $ - $ 53,949 $ - $ - $ 53,949 $ 38,704 $ 92,653 Sales manufactured units - - - 10,670 (2,729 ) 7,941 - 7,941 Total non-lease 53,949 - 53,949 10,670 (2,729 ) 61,890 38,704 100,594 Leasing: Rental revenue 68,483 20,029 88,512 - (1,515 ) 86,997 37,958 124,955 Rental-related services 27,980 17,301 45,281 - - 45,281 11,164 56,445 Total leasing revenues 96,463 37,330 133,793 - (1,515 ) 132,278 49,122 181,400 Total revenues $ 150,412 $ 37,330 $ 187,742 $ 10,670 $ (4,244 ) $ 194,168 $ 87,826 $ 281,994 Quarter Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 13,667 $ 20 $ 13,687 $ - $ - $ 13,687 $ 13,564 $ 27,251 Sales manufactured units - - - 3,272 (923 ) 2,349 - 2,349 Total non-lease 13,667 20 13,687 3,272 (923 ) 16,036 13,564 29,600 Leasing: Rental revenue 18,885 5,991 24,876 - (304 ) 24,572 12,881 37,453 Rental-related services 9,183 4,375 13,558 - - 13,558 3,810 17,368 Total leasing revenues 28,068 10,366 38,434 - (304 ) 38,130 16,691 54,821 Total revenues $ 41,735 $ 10,386 $ 52,121 $ 3,272 $ (1,227 ) $ 54,166 $ 30,255 $ 84,421 Nine Months Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Consolidated Non-lease: Sales lease inventories and fleet $ 39,005 $ 20 $ 39,025 $ - $ - $ 39,025 $ 49,673 $ 88,698 Sales manufactured units - - - 9,856 (3,524 ) 6,332 - 6,332 Total non-lease 39,005 20 39,025 9,856 (3,524 ) 45,357 49,673 95,030 Leasing: Rental revenue 56,201 16,075 72,276 - (797 ) 71,479 37,433 108,912 Rental-related services 26,214 12,199 38,413 - - 38,413 11,113 49,526 Total leasing revenues 82,415 28,274 110,689 - (797 ) 109,892 48,546 158,438 Total revenues $ 121,420 $ 28,294 $ 149,714 $ 9,856 $ (4,321 ) $ 155,249 $ 98,219 $ 253,468

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Fair Market Values of Tangible and Intangible Assets and Liabilities	The preliminary allocation for the acquisition in FY 2019 to tangible and intangible assets acquired and liabilities assumed based on their estimated fair market values was as follows (in thousands): Spacewise NZ July 2, 2018 Delmarva August 9, Instant Storage September 21, Tilton October 5, BBS Leasing March 27, Total Fair value of the net tangible assets acquired and liabilities assumed: Trade and other receivables $ — $ — $ — $ — $ — $ — Inventories 995 157 555 318 355 2,380 Property, plant and equipment 79 38 465 329 — 911 Lease fleet 6,834 893 3,013 2,775 234 13,749 Unearned revenue and advance payments (5) (112) (289) (260) (35) (701) Deferred income taxes (225) — — — — (225) Total net tangible assets acquired and liabilities assumed 7,678 976 3,744 3,162 554 16,114 Fair value of intangible assets acquired: Non-compete 67 7 44 42 15 175 Customer lists/relationships 734 — 369 576 254 1,933 Other — — (306) — — (306) Goodwill — — 717 1,651 294 2,662 Total intangible assets acquired 801 7 824 2,269 563 4,464 Total purchase consideration $ 8,479 $ 983 $ 4,568 $ 5,431 $ 1,117 $ 20,578

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2019
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, 2018 March 31, 2019 Swap Contracts Trade payables and accrued liabilities $ 223 $ 451 Forward-Exchange Contracts Trade and other receivables 298 20 Trade payables and accrued liabilities — 5 Bifurcated Derivatives Fair value of bifurcated derivatives in Convertible Note 15,583 18,041
Derivative Instruments at Fair Value, Statements of Operations	Quarter Ended March 31, Nine Months Ended Type of Derivative Contract Statement of Operations 2018 2019 2018 2019 Swap Contracts Unrealized gain (loss) included in “Interest expense” $ 9 $ — $ 9 $ — Forward Exchange Contracts Unrealized foreign currency exchange gain (loss) included in “Foreign exchange and other” 10 (152) 402 (279) Bifurcated Derivatives Change in valuation of bifurcated derivatives in Convertible Note (504) (1,131) (2,221) (22,829)
Open Interest Rate Swap Contract	As of June 30, 2018 and March 31, 2019, the open interest rate swap contracts were as follows (dollars in thousands): June 30, March 31, 2018 2019 Notional amounts $ 37,055 $ 35,450 Fixed/Strike Rates 7.414% 7.414% Floating Rates 7.16% 6.821% Fair Value of Combined Contracts $ (223) $ (451)
Open Forward Exchange and Participating Forward Contracts	As of June 30, 2018, there were 32 open forward exchange contracts that mature between July 2018 and November 2018; and, as of March 31, 2019, there were 39 open forward exchange contracts that mature between May 2019 and August 2019, as follows (dollars in thousands): June 30, March 31, 2018 2019 Notional amounts $ 8,950 $ 5,769 Exchange/Strike Rates (AUD to USD) 0.68142 – 0.80004 0.67233 – 0.72032 Fair Value of Combined Contracts $ 298 $ 15

Equity Plans (Tables)

Equity Plans (Tables)	9 Months Ended
	Mar. 31, 2019
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 2019 follows: Number of Weighted- Weighted- Outstanding at June 30, 2018 1,824,910 $ 4.52 Granted 3,249 10.34 Exercised (142,963) 6.01 Forfeited or expired (9,000) 6.50 Outstanding at March 31, 2019 1,676,196 $ 4.39 5.3 Vested and expected to vest at March 31, 2019 1,676,196 $ 4.39 5.3 Exercisable at March 31, 2019 1,360,361 $ 4.03 4.6
Summary of Restricted Stock and RSU Activity	A summary of the Company’s restricted stock and RSU activity follows: Restricted Stock RSU Shares Weighted-Average Shares Weighted-Average Nonvested at June 30, 2018 379,850 $ 6.32 211,763 $ 7.15 Granted 55,855 11.11 20,590 10.34 Vested (83,717) 5.46 (66,073) 7.15 Forfeited — — (27,093) 7.15 Nonvested at March 31, 2019 351,988 $ 7.29 139,187 $ 7.62

Cash Flows from Operating Act_2

Cash Flows from Operating Activities and Other Financial Information (Tables)	9 Months Ended
	Mar. 31, 2019
Text Block [Abstract]
Summary of Cash Flows from Operating Activities	The following table provides a detail of cash flows from operating activities (in thousands): Nine Months Ended March 31, 2018 2019 Cash flows from operating activities Net loss $ 1,567 $ (12,702) Adjustments to reconcile net income loss to cash flows from operating activities: Gain on sales and disposals of property, plant and equipment (11) (76) Gain on sales of lease fleet (5,407) (6,219) Gains on bargain purchases of businesses — (1,767) Unrealized foreign exchange loss (gain) 2,722 (5,334) Non-cash — 3,554 Unrealized (gain) loss on forward exchange contracts (402) 279 Unrealized gain on interest rate swap (9) — Change in valuation of bifurcated derivatives in Convertible Note 2,221 22,829 Depreciation and amortization 30,123 32,256 Amortization of deferred financing costs 1,822 2,446 Accretion of interest 596 (529) Interest deferred on Senior Term Note — 4,798 Share-based compensation expense 2,986 1,996 Deferred income taxes (1,386) 4,233 Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions): Trade and other receivables, net (9,129) (4,858) Inventories 851 (12,456) Prepaid expenses and other (1,195) (3,404) Trade payables, accrued liabilities and unearned revenues 6,668 3,225 Income taxes 839 (291) Net cash provided by operating activities $ 32,856 $ 27,980

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Mar. 31, 2019
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 March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate and Total Asia – Pacific Consolidated Revenues: Sales $ 14,386 $ - $ 14,386 $ 2,736 $ (1,304) $ 15,818 $ 10,818 $ 26.636 Leasing 31,808 11,414 43,222 - (424) 42,798 16,775 59,573 $ 46,194 $ 11,414 $ 57,608 $ 2,736 $ (1,728) $ 58,616 $ 27,593 $ 86,209 Share-based compensation $ 86 $ 9 $ 95 $ 7 $ 393 $ 495 $ 160 $ 655 Depreciation and amortization $ 3,950 $ 2,403 $ 6,353 $ 101 $ (189) $ 6,265 $ 4,733 $ 10,998 Operating income $ 8,154 $ 2,708 $ 10,862 $ (91) $ (1,484) $ 9,287 $ 3,124 $ 12,411 Interest income $ - $ - $ - $ - $ 3 $ 3 $ 24 $ 27 Interest expense $ 2,680 $ 250 $ 2,930 $ 53 $ 1,716 $ 4,699 $ 5,508 $ 10,207 Nine Months Ended March 31, 2019 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 53,949 $ - $ 53,949 $ 10,670 $ (2,729) $ 61,890 $ 38,704 $ 100,594 Leasing 96,463 37,330 133,793 - (1,515) 132,278 49,122 181,400 $ 150,412 $ 37,330 $ 187,742 $ 10,670 $ (4,244) $ 194,168 $ 87,826 $ 281,994 Share-based compensation $ 234 $ 23 $ 257 $ 19 $ 1,176 $ 1,452 $ 544 $ 1,996 Depreciation and amortization $ 11,455 $ 7,153 $ 18,608 $ 304 $ (562 ) $ 18,350 $ 13,906 $ 32,256 Operating income $ 28,962 $ 11,730 $ 40,692 $ 518 $ (4,116 ) $ 37,094 $ 8,977 $ 46,071 Interest income $ - $ - $ - $ - $ 5 $ 5 $ 103 $ 108 Interest expense $ 8,511 $ 939 $ 9,450 $ 212 $ 5,126 $ 14,788 $ 12,912 $ 27,700 Additions to long-lived assets $ 39,112 $ 1,771 $ 40,883 $ 20 $ (162 ) $ 40,741 $ 18,795 $ 59,536 At March 31, 2019 Long-lived assets $ 293,773 $ 46,038 $ 339,811 $ 1,800 $ (9,693 ) $ 331,918 $ 146,988 $ 478,906 Goodwill $ 64,336 $ 20,782 $ 85,118 $ - $ - $ 85,118 $ 26,285 $ 111,403 At June 30, 2018 Long-lived assets $ 264,651 $ 49,352 $ 314,003 $ 2,083 $ (10,099 ) $ 305,987 $ 145,711 $ 451,698 Goodwill $ 61,693 $ 20,782 $ 82,475 $ - $ - $ 82,475 $ 27,468 $ 109,943 Quarter Ended March 31, 2018 North America Leasing Pac-Van Lone Combined Manufacturing Corporate Total Asia –Pacific Consolidated Revenues: Sales $ 13,667 $ 20 $ 13,687 $ 3,272 $ (923 ) $ 16,036 $ 13,564 $ 29,600 Leasing 28,068 10,366 38,434 — (304 ) 38,130 16,691 54,821 $ 41,735 $ 10,386 $ 52,121 $ 3,272 $ (1,227 ) $ 54,166 $ 30,255 $ 84,421 Share-based compensation $ 69 $ 11 $ 80 $ 11 $ 684 $ 775 $ 114 $ 889 Depreciation and amortization $ 3,546 $ 2,309 $ 5,855 $ 117 $ (183 ) $ 5,789 $ 4,342 $ 10,131 Operating income $ 6,611 $ 2,688 $ 9,299 $ (17 ) $ (1,588 ) $ 7,694 $ 3,178 $ 10,872 Interest income $ - $ - $ - $ - $ 2 $ 2 $ 41 $ 43 Interest expense $ 2,380 $ 452 $ 2,832 $ 94 $ 1,699 $ 4,625 $ 4,773 $ 9,398 Nine Months Ended March 31, 2018 North America Leasing Pac-Van Lone Star Combined Manufacturing Corporate Total Asia – Pacific Consolidated Revenues: Sales $ 39,005 $ 20 $ 39,025 $ 9,856 $ (3,524 ) $ 45,357 $ 49,673 $ 95,030 Leasing 82,415 28,274 110,689 - (797 ) 109,892 48,546 158,438 $ 121,420 $ 28,294 $ 149,714 $ 9,856 $ (4,321 ) $ 155,249 $ 98,219 $ 253,468 Share-based compensation $ 242 $ 31 $ 273 $ 37 $ 1,355 $ 1,665 $ 1,321 $ 2,986 Depreciation and amortization $ 10,542 $ 6,840 $ 17,382 $ 452 $ (548 ) $ 17,286 $ 12,837 $ 30,123 Operating income $ 20,627 $ 5,328 $ 25,955 $ (680 ) $ (3,929 ) $ 21,346 $ 10,232 $ 31,578 Interest income $ - $ - $ - $ - $ 8 $ 8 $ 73 $ 81 Interest expense $ 6,631 $ 1,372 $ 8,003 $ 294 $ 5,592 $ 13,889 $ 10,778 $ 24,667 Additions to long-lived assets $ 25,355 $ 2,973 $ 28,328 $ 5 $ (252 ) $ 28,081 $ 12,966 $ 41,047

Organization and Business Ope_2

Organization and Business Operations - Additional Information (Detail)	9 Months Ended
	Mar. 31, 2019Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of distinct business units	3
Number of geographic units	2

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Accounting Policies [Abstract]
Finished goods	$ 32,255	$ 18,971
Work in progress	2,389	1,442
Raw materials	2,318	2,318
Total	$ 36,962	$ 22,731

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2019	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 67,652	$ 62,098
Less accumulated depreciation and amortization	(44,380)	(39,788)
Property, plant and equipment, net	23,272	22,310
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	$ 4,893	4,893
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	$ 47,340	43,078
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	$ 13,251	$ 11,959
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 Accoun_6

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)shares	Mar. 31, 2018USD ($)shares	Dec. 31, 2018Lease	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Jun. 30, 2019USD ($)shares	Jun. 30, 2018USD ($)shares	Jul. 01, 2018USD ($)
Property, Plant and Equipment [Line Items]
Gross costs of the lease fleet	$ 595,586,000			$ 595,586,000			$ 555,263,000
Fair value of the reporting unit				50.00%
Potential common stock equivalents excluded from computation of diluted earnings per share | shares	2,167,371	5,681,959					5,681,959
Rental related services	$ 26,636,000	$ 29,600,000		$ 100,594,000	$ 95,030,000
Unearned rental revenue included in trade payables and accrued liabilities	21,825,000			21,825,000			$ 19,226,000
Unearned rental revenue Recognized	11,405,000
Warranty reserve included in trade payables and accrued liabilities	238,556			238,556			238,956
Number of real estate leases | Lease			120
Lease fleet, net	455,634,000			$ 455,634,000			429,388,000
Accounting Standards Update 2016-02 [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Lease fleet, net								$ 59,000,000
Operating lease, liability								60,800,000
Accounting Standards Update 2016-02 [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Lease fleet, net								68,300,000
Operating lease, liability								$ 70,200,000
Accounting Standards Update 2014-09 [Member]
Property, Plant and Equipment [Line Items]
Rental related services	$ 13,855,000	$ 12,114,000					$ 34,963,000
Scenario, Forecast [Member]
Property, Plant and Equipment [Line Items]
Potential common stock equivalents excluded from computation of diluted earnings per share | shares						2,167,371
Unearned rental revenue Recognized						$ 1,005,000
Scenario, Forecast [Member] | Accounting Standards Update 2014-09 [Member]
Property, Plant and Equipment [Line Items]
Rental related services						$ 41,560,000

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 53,032	$ 51,753
Accumulated Amortization	(30,258)	(26,603)
Net Carrying Amount	22,774	25,150
Trademark and Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	5,484	5,486
Accumulated Amortization	(453)	(453)
Net Carrying Amount	5,031	5,033
Customer Base and Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	30,908	29,057
Accumulated Amortization	(16,396)	(14,150)
Net Carrying Amount	14,512	14,907
Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	8,774	9,005
Accumulated Amortization	(7,898)	(7,130)
Net Carrying Amount	876	1,875
Deferred Financing Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,563	3,522
Accumulated Amortization	(2,174)	(1,905)
Net Carrying Amount	1,389	1,617
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,303	4,683
Accumulated Amortization	(3,337)	(2,965)
Net Carrying Amount	$ 966	$ 1,718

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Reconciliation of Weighted Average Shares Outstanding (Detail) - shares	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Accounting Policies [Abstract]
Basic	29,975,295	26,301,706	29,084,947	26,210,697
Dilutive effect of common stock equivalents	0	0	0	0
Diluted	29,975,295	26,301,706	29,084,947	26,210,697

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Reconciliation of the Disaggregated Rental Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018
Revenues
Sales	$ 26,636	$ 29,600	$ 100,594	$ 95,030
Total leasing revenues	59,573	54,821	181,400	158,438
Total revenues	86,209	84,421	281,994	253,468
Lease inventories and fleet [Member]
Revenues
Sales	25,204	27,251	92,653	88,698
Manufactured units [Member]
Revenues
Sales	1,432	2,349	7,941	6,332
Rental Revenue [Member]
Revenues
Total leasing revenues	40,873	37,453	124,955	108,912
Rental Related Services [Member]
Revenues
Total leasing revenues	18,700	17,368	56,445	49,526
North America [Member]
Revenues
Sales	15,818	16,036	61,890	45,357
Total leasing revenues	42,798	38,130	132,278	109,892
Total revenues	58,616	54,166	194,168	155,249
North America [Member] | Corporate and Intercompany Adjustments [Member]
Revenues
Sales	(1,304)	(923)	(2,729)	(3,524)	$ 3,524
Total leasing revenues	(424)	(304)	(1,515)	(797)
Total revenues	(1,728)	(1,227)	(4,244)	(4,321)
North America [Member] | Lease inventories and fleet [Member]
Revenues
Sales	14,386	13,687	53,949	39,025
North America [Member] | Manufactured units [Member]
Revenues
Sales	1,432	2,349	7,941	6,332
North America [Member] | Manufactured units [Member] | Corporate and Intercompany Adjustments [Member]
Revenues
Sales	(1,304)	(923)	(2,729)	(3,524)
North America [Member] | Rental Revenue [Member]
Revenues
Total leasing revenues	28,001	24,572	86,997	71,479
North America [Member] | Rental Revenue [Member] | Corporate and Intercompany Adjustments [Member]
Revenues
Total leasing revenues	(424)	(304)	(1,515)	(797)
North America [Member] | Rental Related Services [Member]
Revenues
Total leasing revenues	14,797	13,558	45,281	38,413
North America [Member] | Pac-Van Leasing [Member] | Operating Segments [Member]
Revenues
Sales	14,386	13,667	53,949	39,005
Total leasing revenues	31,808	28,068	96,463	82,415
Total revenues	46,194	41,735	150,412	121,420
North America [Member] | Pac-Van Leasing [Member] | Lease inventories and fleet [Member] | Operating Segments [Member]
Revenues
Sales	14,386	13,667	53,949	39,005
North America [Member] | Pac-Van Leasing [Member] | Rental Revenue [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	22,519	18,885	68,483	56,201
North America [Member] | Pac-Van Leasing [Member] | Rental Related Services [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	9,289	9,183	27,980	26,214
North America [Member] | Lone Star Leasing [Member] | Operating Segments [Member]
Revenues
Sales		20		20
Total leasing revenues	11,414	10,366	37,330	28,274
Total revenues	11,414	10,386	37,330	28,294
North America [Member] | Lone Star Leasing [Member] | Corporate and Intercompany Adjustments [Member]
Revenues
Sales	391	271			$ 698
North America [Member] | Lone Star Leasing [Member] | Lease inventories and fleet [Member] | Operating Segments [Member]
Revenues
Sales		20		20
North America [Member] | Lone Star Leasing [Member] | Rental Revenue [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	5,906	5,991	20,029	16,075
North America [Member] | Lone Star Leasing [Member] | Rental Related Services [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	5,508	4,375	17,301	12,199
North America [Member] | Pac Van and Lone Star Leasing [Member] | Operating Segments [Member]
Revenues
Sales	14,386	13,687	53,949	39,025
Total leasing revenues	43,222	38,434	133,793	110,689
Total revenues	57,608	52,121	187,742	149,714
North America [Member] | Pac Van and Lone Star Leasing [Member] | Lease inventories and fleet [Member] | Operating Segments [Member]
Revenues
Sales	14,386	13,687	53,949	39,025
North America [Member] | Pac Van and Lone Star Leasing [Member] | Rental Revenue [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	28,425	24,876	88,512	72,276
North America [Member] | Pac Van and Lone Star Leasing [Member] | Rental Related Services [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	14,797	13,558	45,281	38,413
North America [Member] | Manufacturing [Member] | Operating Segments [Member]
Revenues
Sales	2,736	3,272	10,670	9,856
Total revenues	2,736	3,272	10,670	9,856
North America [Member] | Manufacturing [Member] | Manufactured units [Member] | Operating Segments [Member]
Revenues
Sales	2,736	3,272	10,670	9,856
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Operating Segments [Member]
Revenues
Sales	10,818	13,564	38,704	49,673
Total leasing revenues	16,775	16,691	49,122	48,546
Total revenues	27,593	30,255	87,826	98,219
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Lease inventories and fleet [Member] | Operating Segments [Member]
Revenues
Sales	10,818	13,564	38,704	49,673
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Rental Revenue [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	12,872	12,881	37,958	37,433
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Rental Related Services [Member] | Operating Segments [Member]
Revenues
Total leasing revenues	$ 3,903	$ 3,810	$ 11,164	$ 11,113

Equity Transactions - Additiona

Equity Transactions - Additional Information (Detail)	Mar. 31, 2019USD ($)$ / sharesshares	Aug. 02, 2017$ / shares	Mar. 31, 2019USD ($)$ / sharesshares	Jun. 30, 2018USD ($)$ / sharesshares
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value	$ 0.0001		$ 0.0001	$ 0.0001
Preferred Stock, outstanding | shares	400,100		400,100	400,100
Preferred Stock, aggregate liquidation preference | $	$ 40,702,000		$ 40,702,000	$ 40,722,000
Royal Wolf Holdings [Member] | Special Dividend [Member]
Subsidiary or Equity Method Investee [Line Items]
Dividend declared		$ 0.0265
Dividend payable record date		Jul. 18, 2017
Series B Preferred Stock [Member]
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value	$ 0.0001		$ 0.0001
Cumulative Preferred Stock, liquidation preference	$ 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 | $	$ 99,000
Series C Preferred Stock [Member]
Subsidiary or Equity Method Investee [Line Items]
Preferred Stock, par value	$ 2		$ 2
Cumulative Preferred Stock, liquidation preference	$ 100		$ 100
Preferred Stock, outstanding | shares	400,000		400,000	400,000
Preferred Stock, aggregate liquidation preference | $	$ 40,600,000		$ 40,600,000	$ 40,620,000
Cumulative Preferred Stock, dividend percentage			9.00%
Preferred stock, voting rights			No voting rights
Preferred Stock redemption price per share	$ 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 | $	$ 20,850,000

Acquisitions - Additional Infor

Acquisitions - Additional Information - 2019 Acquisitions (Detail) $ in Thousands, $ in Thousands

Mar. 27, 2019USD ($)

Oct. 05, 2018USD ($)

Sep. 21, 2018USD ($)

Aug. 09, 2018USD ($)

Jul. 02, 2018USD ($)Location

Jul. 02, 2018NZD ($)Location

Mar. 31, 2019USD ($)

Mar. 31, 2018USD ($)

Mar. 31, 2019USD ($)

Mar. 31, 2018USD ($)

Jun. 30, 2019USD ($)

Jun. 30, 2018USD ($)

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 73,251

Business acquisition cost holdback and other adjustment

$ 1,734

$ 919

Bargain purchase gains

$ 1,767

Transaction costs

$ 162

$ 20

$ 84

Scenario, Forecast [Member]

Business Acquisition [Line Items]

Transaction costs

$ 285

SpacewiseNZ Limited [Member]

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 7,337

$ 10,901

Business acquisition cost holdback and other adjustment

$ 615

$ 914

Number of operating locations | Location

8

8

SpacewiseNZ Limited [Member] | Scenario, Forecast [Member]

Business Acquisition [Line Items]

Bargain purchase gains

1,142

Delmarva Trailer Sales And Rentals Inc [Member]

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 358

Business acquisition cost holdback and other adjustment

$ 50

Delmarva Trailer Sales And Rentals Inc [Member] | Scenario, Forecast [Member]

Business Acquisition [Line Items]

Bargain purchase gains

$ 625

Instant Storage [Member]

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 4,568

Business acquisition cost holdback and other adjustment

$ 464

Tilton Trailer Rental Corp [Member]

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 5,431

Business acquisition cost holdback and other adjustment

$ 505

Bbs Leasing Llp [Member]

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 1,117

Business acquisition cost holdback and other adjustment

$ 100

Acquisitions - Fair Market Valu

Acquisitions - Fair Market Values of Tangible and Intangible Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Mar. 27, 2019	Oct. 05, 2018	Sep. 21, 2018	Aug. 09, 2018	Jul. 02, 2018	Jun. 30, 2018
Fair value of intangible assets acquired:
Goodwill		$ 111,403						$ 109,943
SpacewiseNZ Limited [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables							$ 0
Inventories							995
Property, plant and equipment							79
Lease fleet							6,834
Unearned revenue and advance payments							(5)
Deferred income taxes							(225)
Total net tangible assets acquired and liabilities assumed							7,678
Fair value of intangible assets acquired:
Total intangible assets acquired							801
Total purchase consideration							8,479
SpacewiseNZ Limited [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired							67
SpacewiseNZ Limited [Member] | Customer Lists/Relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired							$ 734
Delmarva Trailer Sales And Rentals Inc [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables						$ 0
Inventories						157
Property, plant and equipment						38
Lease fleet						893
Unearned revenue and advance payments						(112)
Total net tangible assets acquired and liabilities assumed						976
Fair value of intangible assets acquired:
Total intangible assets acquired						7
Total purchase consideration						983
Delmarva Trailer Sales And Rentals Inc [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired						$ 7
Instant Storage [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables					$ 0
Inventories					555
Property, plant and equipment					465
Lease fleet					3,013
Unearned revenue and advance payments					(289)
Total net tangible assets acquired and liabilities assumed					3,744
Fair value of intangible assets acquired:
Goodwill					717
Total intangible assets acquired					824
Total purchase consideration					4,568
Instant Storage [Member] | Other [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired					(306)
Instant Storage [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired					44
Instant Storage [Member] | Customer Lists/Relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired					$ 369
Tilton Trailer Rental Corp [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables				$ 0
Inventories				318
Property, plant and equipment				329
Lease fleet				2,775
Unearned revenue and advance payments				(260)
Total net tangible assets acquired and liabilities assumed				3,162
Fair value of intangible assets acquired:
Goodwill				1,651
Total intangible assets acquired				2,269
Total purchase consideration				5,431
Tilton Trailer Rental Corp [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired				42
Tilton Trailer Rental Corp [Member] | Customer Lists/Relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired				$ 576
Bbs Leasing Llp [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables			$ 0
Inventories			355
Lease fleet			234
Unearned revenue and advance payments			(35)
Total net tangible assets acquired and liabilities assumed			554
Fair value of intangible assets acquired:
Goodwill			294
Total intangible assets acquired			563
Total purchase consideration			1,117
Bbs Leasing Llp [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired			15
Bbs Leasing Llp [Member] | Customer Lists/Relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired			$ 254
Scenario, Forecast [Member]
Fair value of the net tangible assets acquired and liabilities assumed:
Trade and other receivables	$ 0
Inventories	2,380
Property, plant and equipment	911
Lease fleet	13,749
Unearned revenue and advance payments	(701)
Deferred income taxes	(225)
Total net tangible assets acquired and liabilities assumed	16,114
Fair value of intangible assets acquired:
Goodwill	2,662
Total intangible assets acquired	4,464
Total purchase consideration	20,578
Scenario, Forecast [Member] | Other [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired	(306)
Scenario, Forecast [Member] | Non-Compete Agreements [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired	175
Scenario, Forecast [Member] | Customer Lists/Relationships [Member]
Fair value of intangible assets acquired:
Total intangible assets acquired	$ 1,933

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. 24, 2018USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2019AUD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2019AUD ($)	Mar. 31, 2019AUD ($)
Line of Credit Facility [Line Items]
Borrowings under credit facility		$ 140,785,000		$ 140,785,000		$ 198,291,000
Cash available at bank		14,337,000		14,337,000		20,193,000
Deferred financing cost		1,331,000		$ 1,331,000		$ 1,874,000
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; and (b) $6,300,000 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.	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; and (b) $6,300,000 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.
Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Payment of intercompany dividends from Pac-Van and Lone Star				$ 5,000,000
Pac-Van [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility		201,800,000		201,800,000
Availability under ANZ credit facility		$ 51,937,000		$ 51,937,000
Minimum [Member]
Line of Credit Facility [Line Items]
Fixed charge coverage ratio		1.25		1.25		1.25
Series C Preferred Stock [Member]
Line of Credit Facility [Line Items]
Payment of intercompany dividends from Pac-Van and Lone Star				$ 5,000,000
North America [Member] | Senior Secured Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity		$ 260,000,000		$ 260,000,000
North America [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt instrument maturity date				Jul. 31, 2021	Jul. 31, 2021
Line of credit facility maturity date				Mar. 24, 2022	Mar. 24, 2022
Line of Credit Facility Additional Increase in Maximum Borrowing Capacity				$ 25,000,000
Debt instrument extended maturity period				90 days	90 days
North America [Member] | Great American Capital Partners [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity		20,000,000		$ 20,000,000
Principal amortization of debt amount				$ 500,000
Frequency of interest payments				Per quarter	Per quarter
Aggregate principal amount of senior notes issued	$ 19,500,000
Prepayment fee percentage	1.00%
Interest payment terms				The FILO Term Loan, with a principal balance of $19,500,000, including accrued interest and prepayment fee of one percent, was repaid in full through borrowings from the Wells Fargo Credit Facility and all terms and provisions relating to the FILO Term Loan were terminated within the credit agreement.	The FILO Term Loan, with a principal balance of $19,500,000, including accrued interest and prepayment fee of one percent, was repaid in full through borrowings from the Wells Fargo Credit Facility and all terms and provisions relating to the FILO Term Loan were terminated within the credit agreement.
Unsecured senior notes [Member]
Line of Credit Facility [Line Items]
Payment of intercompany dividends from Pac-Van and Lone Star				$ 6,300,000
Base Rate [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				0.50%	0.50%
Base Rate [Member] | Minimum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				1.00%	1.00%
Base Rate [Member] | Maximum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				1.50%	1.50%
Base Rate [Member] | First In Last Out Term Loan [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				11.00%	11.00%
London Interbank Offered Rate (LIBOR) [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				1.00%	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%	2.50%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				3.00%	3.00%
London Interbank Offered Rate (LIBOR) [Member] | First In Last Out Term Loan [Member] | Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Interest rate				1.00%	1.00%
ANZ/CBA Credit Facility [Member] | Asia-Pacific [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity						$ 150,000,000
Deutsche Bank Credit Facility [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility		26,625,000		$ 26,625,000		$ 37,500,000
Debt instrument, financing fees		$ 2,038,700	$ 2,871,400
Debt instrument, fee				$ 746,600	$ 1,051,600
Debt instrument maturity date				Nov. 3, 2020	Nov. 3, 2020
Line of credit facility maturity date				Mar. 22, 2020	Mar. 22, 2020
Line of credit facility expiration				Mar. 22, 2021	Mar. 22, 2021
Debt instrument, prepayment penalty				$ 0
Deutsche Bank Credit Facility [Member] | Australian Dollar [Member]
Line of Credit Facility [Line Items]
Foreign currency exchange rate, translation		0.709992		0.709992		0.709992
Deutsche Bank Credit Facility [Member] | New Zealand Dollar [Member]
Line of Credit Facility [Line Items]
Foreign currency exchange rate, translation		0.681018		0.681018		0.681018
Deutsche Bank Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt instrument, prepayment penalties percentage				1.00%	1.00%
Interest rate				4.25%	4.25%
Deutsche Bank Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Debt instrument, prepayment penalties percentage				3.00%	3.00%
Interest rate				5.50%	5.50%
Deutsche Bank Credit Facility A [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility		$ 30,530,000		$ 30,530,000		$ 43,000,000
Line of credit facility amortization description				Semi-annually	Semi-annually
Deutsche Bank Credit Facility B [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility		82,714,000		$ 82,714,000		116,500,000
Deutsche Bank Credit Facility C [Member] | Working Capital [Member]
Line of Credit Facility [Line Items]
Borrowings under credit facility		$ 14,200,000		$ 14,200,000		$ 20,000,000

Senior and Other Debt - Bison C

Senior and Other Debt - Bison Capital Notes and Credit Suisse Term Loan - Additional Information (Detail)	Mar. 25, 2019USD ($)	Sep. 10, 2018USD ($)shares	Sep. 30, 2018shares	Mar. 31, 2019USD ($)dDays$ / sharesshares	Mar. 31, 2019AUD ($)dDaysshares	Jun. 30, 2019USD ($)	Mar. 25, 2019AUD ($)	Jun. 30, 2018USD ($)	Sep. 25, 2017USD ($)	Sep. 19, 2017USD ($)shares
Line of Credit Facility [Line Items]
Debt instrument principal amount converted into shares | shares			3,058,824
Debt instrument, convertible, terms of conversion feature				In the event that Bison Capital or holders of the Convertible Note receive aggregate proceeds in excess of $48,900,000 from the sale of GFN common stock received after the conversion of the Convertible Note, then 50% of the interest actually paid to Bison Capital (such amount, the “Price Increase”) shall be repaid by Bison Capital or holders of the Convertible Note by either (i) paying such Price Increase to GFNAPH in the form of cash, (ii) returning to GFN shares of GFN Common Stock with a value equal to the Price Increase or (iii) any combination of (i) or (ii) above that if the aggregate equals the Price Increase.	In the event that Bison Capital or holders of the Convertible Note receive aggregate proceeds in excess of $48,900,000 from the sale of GFN common stock received after the conversion of the Convertible Note, then 50% of the interest actually paid to Bison Capital (such amount, the “Price Increase”) shall be repaid by Bison Capital or holders of the Convertible Note by either (i) paying such Price Increase to GFNAPH in the form of cash, (ii) returning to GFN shares of GFN Common Stock with a value equal to the Price Increase or (iii) any combination of (i) or (ii) above that if the aggregate equals the Price Increase.
Fair value of bifurcated derivative				$ 18,041,000				$ 15,583,000
Senior Secured Convertible Promissory Notes [Member]
Line of Credit Facility [Line Items]
Interest rate of senior notes										11.90%
Aggregate principal amount of senior notes issued		$ 26,000		$ 26,000,000					$ 24,136,000	$ 26,000,000
Debt instrument principal amount converted into shares | shares		3,058,824		3,058,824	3,058,824
Fair value of bifurcated derivative		$ 20,370,000		$ 18,041,000					$ 1,864,000
Senior Secured Convertible Promissory Notes [Member] | Debt Instrument Minimum Rate of Return [Member]
Line of Credit Facility [Line Items]
Fair value of bifurcated derivative		8,918,000
Senior Secured Convertible Promissory Notes [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Debt instrument, convertible, conversion ratio				1.75	1.75
Senior Secured Convertible Promissory Notes [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Fair value of bifurcated derivative		$ 29,288,000
Senior Secured Convertible Promissory Notes [Member] | Scenario, Forecast [Member]
Line of Credit Facility [Line Items]
Fair value of bifurcated derivative						$ 44,506,000
Senior Secured Promissory Notes [Member]
Line of Credit Facility [Line Items]
Interest rate of senior notes										11.90%
Aggregate principal amount of senior notes issued										$ 54,000,000
Senior Secured Promissory Notes [Member] | Deutsche Bank Credit Facility [Member]
Line of Credit Facility [Line Items]
Aggregate principal amount of senior notes issued	$ 63,311,000						$ 89,804,000
Prepayment fee percentage	2.00%
Bison Capital Notes [Member]
Line of Credit Facility [Line Items]
Debt instrument, maturity period				5 years	5 years
Minimum EBITDA requirement					$ 30,000,000
Debt Instrument, convertible, stock price trigger | $ / shares				$ 8.50
Debt instrument, convertible, threshold percentage of stock price trigger				150.00%	150.00%
Debt instrument, convertible, threshold consecutive trading days | Days				30	30
Bison Capital Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Line of Credit Facility [Line Items]
Prepayment as Percentage of outstanding principal balance plus accrued and unpaid interest				102.00%	102.00%
Bison Capital Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Line of Credit Facility [Line Items]
Prepayment as Percentage of outstanding principal balance plus accrued and unpaid interest				101.00%	101.00%
Bison Capital Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Line of Credit Facility [Line Items]
Prepayment as Percentage of outstanding principal balance plus accrued and unpaid interest				0.00%	0.00%
Bison Capital Notes [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Proceeds from convertible debt				$ 48,900,000
Bison Capital Notes [Member] | Royal Wolf Holdings [Member]
Line of Credit Facility [Line Items]
Business acquisition, shares to be acquired | shares										49,188,526
Bison Capital Notes [Member] | NASDAQ CAPITAL MARKET [Member]
Line of Credit Facility [Line Items]
Debt instrument, convertible, threshold consecutive trading days | d				20	20
Debt instrument, convertible, converted value in excess of principal				$ 600,000

Senior and Other Debt - Senior

Senior and Other Debt - Senior Notes and Other Debt - Additional Information (Detail)	Oct. 31, 2018USD ($)$ / shares	Apr. 24, 2017USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2018	Mar. 31, 2019USD ($)	Jun. 30, 2019	Jun. 30, 2018USD ($)	Jun. 18, 2014USD ($)
Pac Van and Lone Star Leasing [Member]
Line of Credit Facility [Line Items]
Intercompany dividends percentage on senior notes gross proceeds		80.00%
Equipment Financing And Other [Member]
Line of Credit Facility [Line Items]
Other debt			$ 6,047,000		$ 6,047,000
Wells Fargo Credit Facility [Member]
Line of Credit Facility [Line Items]
Repayment of indebtedness		$ 4,303,376
Wells Fargo Credit Facility [Member] | North America [Member]
Line of Credit Facility [Line Items]
Debt instrument maturity date					Jul. 31, 2021
Other [Member] | Asia-Pacific [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate			0.137%	10.40%			10.00%
Other [Member] | Asia-Pacific [Member] | Scenario, Forecast [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate						0.137%
Other [Member] | North America [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate			0.062%	6.20%			6.00%
Other [Member] | North America [Member] | Scenario, Forecast [Member]
Line of Credit Facility [Line Items]
Weighted-average interest rate						0.067%
Senior Notes 8.125% [Member]
Line of Credit Facility [Line Items]
Terms of principal amount redemption					The Company had an option, prior to July 31, 2017, to 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 have redeemed 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] | Second Supplemental Indenture [Member]
Line of Credit Facility [Line Items]
Notes issued denominations and multiples of denominations	$ 25
Percentage of Shareholders concluded a consent solicitation	63.30%
Consent fee paid	$ 195,820
Notes issued denominations and multiples of denominations, per share | $ / shares	$ 0.10
Senior Notes 8.125% [Member] | Unsecured senior notes [Member]
Line of Credit Facility [Line Items]
Aggregate principal amount of senior notes issued		5,390,000					$ 77,390,000	$ 72,000,000
Notes issued denominations and multiples of denominations								$ 25
Notes issued denominations		24.95
Aggregate principal amount of senior notes issued, net of unamortized debt issuance costs			$ 76,038,000		$ 76,038,000		75,824,000
Unamortized debt issuance costs			$ 1,352,000		$ 1,352,000		$ 1,566,000
Proceeds from issuance of unsecured senior notes net off underwriting discounts and offering costs		5,190,947
Debt instrument, aggregate original issue discount		10,780
Underwriting discount		$ 188,273
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

Financial Instruments - Derivat

Financial Instruments - Derivative Instruments at Fair Value, Classification in Consolidated Balances Sheets (Detail) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Trade Payables and Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Trade payables and accrued liabilities	$ 5
Swap Contracts [Member] | Trade Payables and Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Trade payables and accrued liabilities	451	$ 223
Forward-Exchange Contracts [Member] | Trade and Other Receivables [Member]
Derivatives, Fair Value [Line Items]
Trade payables and accrued liabilities	20	298
Bifurcated Derivatives [Member] | Fair Value of Bifurcated Derivatives in Convertible Note [Member]
Derivatives, Fair Value [Line Items]
Trade payables and accrued liabilities	$ 18,041	$ 15,583

Financial Instruments - Deriv_2

Financial Instruments - Derivative Instruments at Fair Value, Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income				$ 9
Swap Contracts [Member] | Unrealized gain (loss) included in interest expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income		$ 9		9
Forward-Exchange Contracts [Member] | Unrealized foreign currency exchange gain (loss) included in Foreign exchange and other [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income	$ (152)	10	$ (279)	402
Bifurcated Derivatives [Member] | Change in valuation of bifurcated derivatives in Bifurcated Derivatives Convertible Note [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) in Income	$ (1,131)	$ (504)	$ (22,829)	$ (2,221)

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail)	3 Months Ended			9 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)Contract	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Mar. 31, 2019USD ($)Contract	Mar. 31, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)Contract
Derivative [Line Items]
Derivative Instruments, Gain (Loss) in Income					$ 9,000
Unrealized foreign exchange gains (losses)	$ 6,602,000	$ (1,390,000)		$ 5,334,000	$ (2,722,000)		$ (2,722,000)
Realized foreign exchange gains (losses)	$ (6,454,000)	37,000					$ (369,000)
Scenario, Forecast [Member]
Derivative [Line Items]
Unrealized foreign exchange gains (losses)						$ 5,334,000
Realized foreign exchange gains (losses)						(10,141,000)
Forward-Exchange [Member]
Derivative [Line Items]
Number of derivative contract | Contract	39			39			32
Forward-Exchange [Member] | Minimum [Member]
Derivative [Line Items]
Derivative maturity date				2019-05			2018-07
Forward-Exchange [Member] | Maximum [Member]
Derivative [Line Items]
Derivative maturity date				2019-08			2018-11
Unrealized gain (loss) included in interest expense [Member] | Interest rate swap contract [Member]
Derivative [Line Items]
Debt break cost incurred			$ 148,000
Derivative Instruments, Gain (Loss) in Income		$ 9,000
Unrealized gain (loss) included in interest expense [Member] | Interest rate swap contract [Member] | Scenario, Forecast [Member]
Derivative [Line Items]
Gain on portion of cash flow hedge						$ 0
Senior credit facilities [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Fair value of borrowings							$ 423,029,000
Other debt [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Fair value of borrowings							$ 6,652,000

Financial Instruments - Open In

Financial Instruments - Open Interest Rate Swap Contract (Detail) - Interest rate swap contract [Member] - USD ($)	Mar. 31, 2019	Jun. 30, 2018
Derivatives, Fair Value [Line Items]
Notional amounts	$ 35,450,000	$ 37,055,000
Fixed/Strike Rates	7.414%	7.414%
Floating Rates	6.821%	7.16%
Fair Value of Combined Contracts	$ (451,000)	$ (223,000)

Financial Instruments - Open Fo

Financial Instruments - Open Forward Exchange and Participating Forward Contracts (Detail) - Forward-Exchange [Member]	Mar. 31, 2019USD ($)$ / $	Jun. 30, 2018USD ($)$ / $
Derivatives, Fair Value [Line Items]
Notional amounts | $	$ 5,769,000	$ 8,950,000
Fair Value of Combined Contracts | $	$ 15,000	$ 298,000
Minimum [Member]
Derivatives, Fair Value [Line Items]
Exchange/Strike Rates (AUD to USD) | $ / $	0.67233	0.68142
Maximum [Member]
Derivatives, Fair Value [Line Items]
Exchange/Strike Rates (AUD to USD) | $ / $	0.72032	0.80004

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail)	1 Months Ended	3 Months Ended		9 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2019ft²	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
Affiliate of Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Rental payment	$ 7,393	$ 29,000	$ 28,000			$ 84,000
Office space | ft²				3,000
Term of lease	5 years	5 years		5 years
Renewal options of lease	5 years	5 years		5 years
Affiliate of Chief Executive Officer [Member] | Scenario, Forecast [Member]
Related Party Transaction [Line Items]
Rental payment					$ 84,000
Pac Van Las Vegas [Member]
Related Party Transaction [Line Items]
Rental payment	$ 10,876	$ 38,000	$ 33,000			$ 98,000
Renewal options of lease	2 years	2 years		2 years
Lease expiration date				Dec. 31, 2020
Pac Van Las Vegas [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Rental payment	$ 11,420
Pac Van Las Vegas [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Rental payment	$ 12,590
Pac Van Las Vegas [Member] | Scenario, Forecast [Member]
Related Party Transaction [Line Items]
Rental payment					$ 138,000

Equity Plans - Additional Infor

Equity Plans - Additional Information (Detail) $ / shares in Units, $ in Thousands

3 Months Ended

9 Months Ended

12 Months Ended

Mar. 31, 2019USD ($)$ / sharesshares

Dec. 31, 2018shares

Sep. 30, 2018shares

Mar. 31, 2018USD ($)shares

Mar. 31, 2018AUD ($)shares

Dec. 31, 2017shares

Sep. 30, 2017USD ($)shares

Sep. 30, 2017AUD ($)shares

Mar. 31, 2019USD ($)$ / sharesshares

Mar. 31, 2018USD ($)

Jun. 30, 2018USD ($)shares

Dec. 07, 2017shares

Sep. 11, 2014shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Outstanding stock options

1,676,196

1,676,196

1,824,910

Market price of common stock | $ / shares

$ 9.33

$ 9.33

Intrinsic value of the outstanding stock options | $

$ 8,514,800

$ 8,514,800

Share-based compensation expense | $

$ 1,996,000

$ 2,986,000

Minimum percentage of outstanding shares in capital stock

50.00%

Number of performance rights deemed vested

66,073

66,073

Number of performance rights granted

31,000

24,855

42,773

42,773

35,430

Share-based compensation expense | $

$ 655,000

$ 889,000

$ 1,996,000

2,986,000

Refund from terminated Royal Wolf LTI Plan trust | $

$ 338,000

Time-based options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Outstanding stock options

1,087,972

1,087,972

Performance-based options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Outstanding stock options

588,224

588,224

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

1,500,000

Stock option plan expiration date

Dec. 4, 2024

Number of shares reserved for issuance

1,000,000

2014 Plan [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of option granted

2,500,000

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 | $

$ 1,207,000

Royal Wolf Long Term Incentive Plan [Member] | Royal Wolf Holdings [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Refund from terminated Royal Wolf LTI Plan trust

$ 338,000

$ 458

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

827,559

827,559

Non-qualified stock options [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

5 years

RSU [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Unrecognized compensation expense to be recorded on a straight-line basis | $

$ 861,000

$ 861,000

Share-based compensation recognized in statements of operations | $

$ 693,000

Number of performance rights deemed vested

66,073

Number of performance rights granted

20,590

RSU [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Remaining vesting period

2 years 6 months

RSU [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Remaining vesting period

1 year 3 months 18 days

Performance rights [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of performance rights granted

2,582,723

2,582,723

Performance shares converted to capital stock

677,953

677,953

Performance rights [Member] | Royal Wolf Long Term Incentive Plan [Member] | Royal Wolf Holdings [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Long term incentive plan expiration month and year

2017-09

2017-09

Number of performance rights deemed vested

582,370

582,370

Payment of performance rights

$ 835,000

$ 1,066

Stock options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting period

10 months 24 days

Share-based compensation expense | $

$ 8,755,000

Unrecognized compensation expense to be recorded on a straight-line basis | $

$ 860,000

$ 860,000

Percentage of out-of-money stock options

100.00%

100.00%

Nonemployee Consultants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Outstanding stock options

0

0

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Unrecognized compensation expense to be recorded on a straight-line basis | $

$ 1,843,000

$ 1,843,000

Share-based compensation recognized in statements of operations | $

$ 4,168,000

Number of performance rights deemed vested

83,717

Number of performance rights granted

55,855

Restricted Stock [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Remaining vesting period

2 years 10 months 24 days

Restricted Stock [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Remaining vesting period

0 years

Equity Plans - Fair Value of St

Equity Plans - Fair Value of Stock Options Granted (Detail) - Stock options [Member]	9 Months Ended
	Mar. 31, 2019USD ($)$ / 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) - $ / shares	3 Months Ended					9 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2019
Number of Options (Shares)
Outstanding beginning balance			1,824,910			1,824,910
Granted						3,249
Exercised	(500)	(41,094)	(101,369)	(40,863)	(22,500)	(142,963)
Forfeited or expired						(9,000)
Outstanding ending balance	1,676,196					1,676,196
Vested and expected to vest	1,676,196					1,676,196
Exercisable	1,360,361					1,360,361
Weighted-Average Exercise Price
Outstanding beginning balance			$ 4.52			$ 4.52
Granted						10.34
Exercised						6.01
Forfeited or expired						6.50
Outstanding ending balance	$ 4.39					4.39
Vested and expected to vest	4.39					4.39
Exercisable	$ 4.03					$ 4.03
Weighted-Average Remaining Contractual Term (Years)
Outstanding						5 years 3 months 18 days
Vested and expected to vest						5 years 3 months 18 days
Exercisable						4 years 7 months 6 days

Equity Plans - Summary of Non-V

Equity Plans - Summary of Non-Vested Equity Share Activity (Detail) - $ / shares	3 Months Ended					9 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	31,000	24,855		42,773	35,430
Vested	(66,073)		(66,073)
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested beginning balance			379,850			379,850
Granted						55,855
Vested						(83,717)
Non-vested ending balance	351,988					351,988
Non-vested beginning balance			$ 6.32			$ 6.32
Granted						11.11
Vested						5.46
Non-vested ending balance	$ 7.29					$ 7.29
RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested beginning balance			211,763			211,763
Granted						20,590
Vested						(66,073)
Forfeited						(27,093)
Non-vested ending balance	139,187					139,187
Non-vested beginning balance			$ 7.15			$ 7.15
Granted						10.34
Vested						7.15
Forfeited						7.15
Non-vested ending balance	$ 7.62					$ 7.62

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Feb. 01, 2017	Mar. 31, 2019	Jun. 30, 2018
Commitment And Contingencies [Line Items]
Trade payables and accrued liabilities		$ 46,169,000	$ 50,545,000
Self Insured Liabilities [Member]
Commitment And Contingencies [Line Items]
Trade payables and accrued liabilities		$ 1,091,000	$ 691,000
Self Insured Liabilities [Member] | Maximum [Member]
Commitment And Contingencies [Line Items]
Insurance liabilities per policy period	$ 1,200,000

Cash Flows from Operating Act_3

Cash Flows from Operating Activities and Other Financial Information - Summary of Cash Flows from Operating Activities (Detail) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended		12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018
Cash flows from operating activities
Net loss	$ (332)	$ (4,206)	$ (8,164)	$ (563)	$ 2,974	$ (844)	$ (12,702)	$ 1,567
Adjustments to reconcile net income loss to cash flows from operating activities:
Gain on sales and disposals of property, plant and equipment							(76)	(11)
Gain on sales of lease fleet							(6,219)	(5,407)
Gains on bargain purchases of businesses							(1,767)
Unrealized foreign exchange loss (gain)	(6,602)			1,390			(5,334)	2,722	$ 2,722
Non-cash realized foreign exchange loss on forced conversion of Convertible Note	6,454			(37)					$ 369
Unrealized (gain) loss on forward exchange contracts							279	(402)
Unrealized gain on interest rate swap								(9)
Change in valuation of bifurcated derivatives in Convertible Note	1,131			504			22,829	2,221
Depreciation and amortization	$ 10,998			$ 10,131			32,256	30,123
Amortization of deferred financing costs							2,446	1,822
Accretion of interest							(529)	596
Interest deferred on Senior Term Note							4,798
Share-based compensation expense							1,996	2,986
Deferred income taxes							4,233	(1,386)
Changes in operating assets and liabilities (excluding assets and liabilities from acquisitions):
Trade and other receivables, net							(4,858)	(9,129)
Inventories							(12,456)	851
Prepaid expenses and other							(3,404)	(1,195)
Trade payables, accrued liabilities and unearned revenues							3,225	6,668
Income taxes							(291)	839
Net cash provided by operating activities							27,980	$ 32,856
Convertible Note [Member]
Adjustments to reconcile net income loss to cash flows from operating activities:
Non-cash realized foreign exchange loss on forced conversion of Convertible Note							$ 3,554

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2019USD ($)Segment	Mar. 31, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
Segment Reporting Information [Line Items]
Number of geographic units | Segment			2
Number of operating segments | Segment			4
Sales	$ 26,636	$ 29,600	$ 100,594	$ 95,030
North America [Member]
Segment Reporting Information [Line Items]
Sales	15,818	16,036	61,890	45,357
North America [Member] | Corporate and Intercompany Adjustments [Member]
Segment Reporting Information [Line Items]
Sales	(1,304)	(923)	$ (2,729)	$ (3,524)		$ 3,524
Lone Star Leasing [Member] | North America [Member] | Corporate and Intercompany Adjustments [Member]
Segment Reporting Information [Line Items]
Sales	$ 391	$ 271				$ 698
Scenario, Forecast [Member] | North America [Member] | Corporate and Intercompany Adjustments [Member]
Segment Reporting Information [Line Items]
Sales					$ 2,729
Scenario, Forecast [Member] | Lone Star Leasing [Member] | North America [Member] | Corporate and Intercompany Adjustments [Member]
Segment Reporting Information [Line Items]
Sales					$ 1,416

Segment Reporting - Summary of

Segment Reporting - Summary of Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2018
Revenues:
Sales	$ 26,636	$ 29,600	$ 100,594	$ 95,030
Leasing	59,573	54,821	181,400	158,438
Total revenues	86,209	84,421	281,994	253,468
Share-based compensation	655	889	1,996	2,986
Depreciation and amortization	10,998	10,131	32,256	30,123
Operating income	12,411	10,872	46,071	31,578
Interest income	27	43	108	81
Interest expense	10,207	9,398	27,700	24,667
Additions to long-lived assets			59,536	41,047
Long-lived assets	478,906		478,906		$ 451,698
Goodwill	111,403		111,403		109,943
North America [Member]
Revenues:
Sales	15,818	16,036	61,890	45,357
Leasing	42,798	38,130	132,278	109,892
Total revenues	58,616	54,166	194,168	155,249
Share-based compensation	495	775	1,452	1,665
Depreciation and amortization	6,265	5,789	18,350	17,286
Operating income	9,287	7,694	37,094	21,346
Interest income	3	2	5	8
Interest expense	4,699	4,625	14,788	13,889
Additions to long-lived assets			40,741	28,081
Long-lived assets	331,918		331,918		305,987
Goodwill	85,118		85,118		82,475
North America [Member] | Corporate and Intercompany Adjustments [Member]
Revenues:
Sales	(1,304)	(923)	(2,729)	(3,524)	3,524
Leasing	(424)	(304)	(1,515)	(797)
Total revenues	(1,728)	(1,227)	(4,244)	(4,321)
Share-based compensation	393	684	1,176	1,355
Depreciation and amortization	(189)	(183)	(562)	(548)
Operating income	(1,484)	(1,588)	(4,116)	(3,929)
Interest income	3	2	5	8
Interest expense	1,716	1,699	5,126	5,592
Additions to long-lived assets			(162)	(252)
Long-lived assets	(9,693)		(9,693)		(10,099)
North America [Member] | Pac-Van Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	14,386	13,667	53,949	39,005
Leasing	31,808	28,068	96,463	82,415
Total revenues	46,194	41,735	150,412	121,420
Share-based compensation	86	69	234	242
Depreciation and amortization	3,950	3,546	11,455	10,542
Operating income	8,154	6,611	28,962	20,627
Interest expense	2,680	2,380	8,511	6,631
Additions to long-lived assets			39,112	25,355
Long-lived assets	293,773		293,773		264,651
Goodwill	64,336		64,336		61,693
North America [Member] | Lone Star Leasing [Member] | Operating Segments [Member]
Revenues:
Sales		20		20
Leasing	11,414	10,366	37,330	28,274
Total revenues	11,414	10,386	37,330	28,294
Share-based compensation	9	11	23	31
Depreciation and amortization	2,403	2,309	7,153	6,840
Operating income	2,708	2,688	11,730	5,328
Interest expense	250	452	939	1,372
Additions to long-lived assets			1,771	2,973
Long-lived assets	46,038		46,038		49,352
Goodwill	20,782		20,782		20,782
North America [Member] | Lone Star Leasing [Member] | Corporate and Intercompany Adjustments [Member]
Revenues:
Sales	391	271			698
North America [Member] | Pac Van and Lone Star Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	14,386	13,687	53,949	39,025
Leasing	43,222	38,434	133,793	110,689
Total revenues	57,608	52,121	187,742	149,714
Share-based compensation	95	80	257	273
Depreciation and amortization	6,353	5,855	18,608	17,382
Operating income	10,862	9,299	40,692	25,955
Interest expense	2,930	2,832	9,450	8,003
Additions to long-lived assets			40,883	28,328
Long-lived assets	339,811		339,811		314,003
Goodwill	85,118		85,118		82,475
North America [Member] | Manufacturing [Member] | Operating Segments [Member]
Revenues:
Sales	2,736	3,272	10,670	9,856
Total revenues	2,736	3,272	10,670	9,856
Share-based compensation	7	11	19	37
Depreciation and amortization	101	117	304	452
Operating income	(91)	(17)	518	(680)
Interest expense	53	94	212	294
Additions to long-lived assets			20	5
Long-lived assets	1,800		1,800		2,083
Asia-Pacific [Member] | Royal Wolf Leasing [Member] | Operating Segments [Member]
Revenues:
Sales	10,818	13,564	38,704	49,673
Leasing	16,775	16,691	49,122	48,546
Total revenues	27,593	30,255	87,826	98,219
Share-based compensation	160	114	544	1,321
Depreciation and amortization	4,733	4,342	13,906	12,837
Operating income	3,124	3,178	8,977	10,232
Interest income	24	41	103	73
Interest expense	5,508	$ 4,773	12,912	10,778
Additions to long-lived assets			18,795	$ 12,966
Long-lived assets	146,988		146,988		145,711
Goodwill	$ 26,285		$ 26,285		$ 27,468

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($)	May 07, 2019	Apr. 12, 2019	Mar. 31, 2018
Subsequent Event [Line Items]
Payments to acquire business, gross			$ 73,251,000
Subsequent Events [Member] | Pier Mobile Storage Inc [Member]
Subsequent Event [Line Items]
Payments to acquire business, gross	$ 1,724,000
Subsequent Events [Member] | Series C Preferred Stock [Member]
Subsequent Event [Line Items]
Cash dividend, amount per share		$ 2.225
Dividend declared date		Apr. 29, 2019
Dividend payable date		Apr. 30, 2019
Dividend payable record date		Apr. 29, 2019