CAI International (CAI) 10-K 5 Mar 19 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Jan. 31, 2019	Jun. 29, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	CAI International, Inc.
Entity Filer Category	Accelerated Filer
Entity Central Index Key	1,388,430
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Amendment Flag	false
Document Type	10-K
Document Fiscal Period Focus	FY
Trading Symbol	cai
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		18,712,252
Entity Public Float			$ 382.8
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Current assets
Accounts receivable, net of allowance for doubtful accounts of $2,042 and $1,440 at December 31, 2018 and 2017, respectively		$ 95,942	$ 68,324
Current portion of net investment in direct finance leases		75,975	30,063
Prepaid expenses and other current assets		2,789	4,258
Total current assets		220,021	138,065
Restricted cash		30,668	11,789
Rental equipment, net of accumulated depreciation of $599,443 and $505,546 at December 31, 2018 and 2017, respectively		2,265,260	2,004,961
Net investment in direct finance leases		473,792	246,450
Goodwill		15,794	15,794
Intangible assets, net of accumulated amortization of $5,397 and $3,407 at December 31, 2018 and 2017, respectively		5,733	7,723
Furniture, fixtures and equipment, net of accumulated depreciation of $2,635 and $3,201 at December 31, 2018 and 2017, respectively		964	338
Other non-current assets		385	3,008
Total assets	[1]	3,012,617	2,428,128
Current liabilities
Accounts payable		7,371	7,831
Accrued expenses and other current liabilities		22,460	15,706
Due to container investors		2,609	1,845
Unearned revenue		7,573	7,811
Current portion of debt		311,381	132,049
Rental equipment payable		74,139	92,415
Total current liabilities		425,533	257,657
Debt		1,847,633	1,570,773
Deferred income tax liability		38,319	35,853
Total liabilities	[2]	2,311,485	1,864,283
Stockholders' equity
Common stock: par value $.0001 per share; authorized 84,000,000 shares; issued and outstanding 18,764,459 and 20,390,622 shares at December 31, 2018 and 2017, respectively		2	2
Additional paid-in capital		132,666	172,325
Accumulated other comprehensive loss		(6,513)	(6,122)
Retained earnings		471,112	397,640
Total stockholders' equity		701,132	563,845
Total liabilities and stockholders' equity		3,012,617	2,428,128
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, par value $.0001 per share; authorized 10,000,000 and 5,000,000 at December 31, 2018 and 2017, respectively;		54,990
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, par value $.0001 per share; authorized 10,000,000 and 5,000,000 at December 31, 2018 and 2017, respectively;		48,875
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]
Current assets
Cash		20,104	14,735
Variable Interest Entity, Primary Beneficiary [Member]
Current assets
Cash		25,211	20,685
Restricted cash		30,668	11,789
Rental equipment, net of accumulated depreciation of $599,443 and $505,546 at December 31, 2018 and 2017, respectively		71,958	61,842
Net investment in direct finance leases		13,862	4,423
Current liabilities
Current portion of debt		41,066	22,549
Debt		$ 67,615	$ 72,727
[1]	Total assets at December 31, 2018 and December 31, 2017 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $25,211 and $20,685; Net investment in direct finance leases, $13,862 and $4,423; and Rental equipment net of accumulated depreciation, $71,958 and $61,842, respectively.
[2]	Total liabilities at December 31, 2018 and December 31, 2017 include the following VIE liabilities for which the VIE creditors do not have recourse to CAI International, Inc.: Current portion of debt, $41,066 and $22,549; Debt, $67,615 and $72,727, respectively.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Current assets
Accounts receivable, allowance for doubtful accounts	$ 2,042	$ 1,440
Rental equipment net of accumulated depreciation	2,265,260	2,004,961
Rental equipment, accumulated depreciation	599,443	505,546
Net investment in direct finance leases	473,792	246,450
Intangible assets, accumulated amortization	5,397	3,407
Furniture, fixtures and equipment, accumulated depreciation	2,635	3,201
Current liabilities
Current portion of debt	311,381	132,049
Debt	$ 1,847,633	$ 1,570,773
Stockholders' equity
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	5,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	84,000,000	84,000,000
Common stock, shares issued	18,764,459	20,390,622
Common stock, shares outstanding	18,764,459	20,390,622
Variable Interest Entity, Primary Beneficiary [Member]
Current assets
Cash	$ 25,211	$ 20,685
Rental equipment net of accumulated depreciation	71,958	61,842
Net investment in direct finance leases	13,862	4,423
Current liabilities
Current portion of debt	41,066	22,549
Debt	$ 67,615	$ 72,727
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, dividend rate	8.50%	8.50%
Preferred stock, shares issued	2,199,610	0
Preferred stock, shares outstanding	2,199,160	0
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, dividend rate	8.50%	8.50%
Preferred stock, shares issued	1,955,000	0
Preferred stock, shares outstanding	1,955,000	0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenue
Total revenue	$ 432,098	$ 348,393	$ 294,354
Operating expenses
Depreciation of rental equipment	121,298	110,952	104,877
Storage, handling and other expenses	14,545	20,918	35,862
Logistics transportation costs	97,170	68,155	51,980
(Gain) loss on sale of used rental equipment	(11,725)	(5,347)	12,671
Administrative expenses	50,305	42,699	35,678
Total operating expenses	271,593	237,377	241,068
Operating income	160,505	111,016	53,286
Other expenses
Net interest expense	78,345	53,052	42,754
Other expense	677	765	654
Total other expenses	79,022	53,817	43,408
Income before income taxes and non-controlling interest	81,483	57,199	9,878
Income tax expense (benefit)	2,887	(14,861)	3,844
Net income	78,596	72,060	6,034
Preferred stock dividends	5,124
Net income attributable to non-controlling interest			37
Net income attributable to CAI common stockholders	$ 73,472	$ 72,060	$ 5,997
Net income per share attributable to CAI common stockholders
Basic	$ 3.76	$ 3.74	$ 0.31
Diluted	$ 3.71	$ 3.68	$ 0.31
Weighted average shares of common stock outstanding
Basic	19,562	19,253	19,318
Diluted	19,822	19,607	19,393
Container Lease Revenue [Member]
Revenue
Total revenue	$ 284,924	$ 235,365	$ 202,328
Rail Lease Revenue [Member]
Revenue
Total revenue	35,703	32,476	30,490
Logistics Revenue [Member]
Revenue
Total revenue	$ 111,471	$ 80,552	$ 61,536

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 78,596	$ 72,060	$ 6,034
Other comprehensive income, net of tax:
Foreign currency translation adjustments	(391)	2,010	(815)
Comprehensive income before preferred stock dividends	78,205	74,070	5,219
Dividends on preferred stock	5,124
Comprehensive income attributable to non-controlling interest			37
Comprehensive income attributable to CAI common stockholders	$ 73,081	$ 74,070	$ 5,182

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Non-Controlling Interest [Member]	Total
Balances at Dec. 31, 2015		$ 2	$ 148,523	$ (7,922)	$ 318,579	$ 923	$ 460,105
Balances, Shares at Dec. 31, 2015		20,133
Net income					5,997	37	6,034
Foreign currency translation adjustment				(815)			(815)
Disposal of subsidiary				605		$ (960)	(355)
Repurchase of common stock			(9,176)				(9,176)
Repurchase of common stock, Shares		(1,104)
Stock based compensation - options			1,292				1,292
Stock based compensation - restricted stock			440				440
Stock based compensation - restricted stock, Shares		31
Payment of income tax withheld on vested restricted stock			(21)				(21)
Payment of income tax withheld on vested restricted stock, Shares		(3)
Balances at Dec. 31, 2016		$ 2	141,058	(8,132)	324,576		457,504
Balances, Shares at Dec. 31, 2016		19,057
Net income					72,060		72,060
Adoption of ASU 2016-09					1,004		1,004
Foreign currency translation adjustment				2,010			2,010
Issuance of common and preferred stock, net of offering costs			29,148				29,148
Issuance of common and preferred stock, net of offering costs, Shares		889
Exercise of stock options			145				145
Exercise of stock options, Shares		414
Stock based compensation - options			1,593				1,593
Stock based compensation - restricted stock			494				494
Stock based compensation - restricted stock, Shares		37
Payment of income tax withheld on vested restricted stock			(113)				(113)
Payment of income tax withheld on vested restricted stock, Shares		(6)
Balances at Dec. 31, 2017		$ 2	172,325	(6,122)	397,640		563,845
Balances, Shares at Dec. 31, 2017		20,391
Net income					78,596		78,596
Preferred stock dividends					(5,124)		(5,124)
Foreign currency translation adjustment				(391)			(391)
Issuance of common and preferred stock, net of offering costs	$ 103,865		(1,552)				102,313
Issuance of common and preferred stock, net of offering costs, Shares	4,155	100
Repurchase of common stock		$ (1,767)	(40,869)				(40,869)
Exercise of stock options			24				24
Exercise of stock options, Shares		5
Stock based compensation - options			1,236				1,236
Stock based compensation - restricted stock			1,631				1,631
Stock based compensation - restricted stock, Shares		42
Payment of income tax withheld on vested restricted stock			(129)				(129)
Payment of income tax withheld on vested restricted stock, Shares		(7)
Balances at Dec. 31, 2018	$ 103,865	$ 2	$ 132,666	$ (6,513)	$ 471,112		$ 701,132
Balances, Shares at Dec. 31, 2018	4,155	18,764

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Cash flows from operating activities
Net income		$ 78,596		$ 72,060		$ 6,034
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		121,494		111,294		105,236
Amortization of debt issuance costs		4,350		3,306		2,975
Amortization of intangible assets		1,989		1,969		1,443
Stock-based compensation expense		2,867		2,087		1,732
Reduction in contingent consideration				(2,211)		(3,789)
Unrealized loss on foreign exchange		436		106		276
(Gain) loss on sale of used rental equipment		(11,725)		(5,347)		12,671
Loss on disposal of subsidiary						146
Deferred income taxes		2,466		(14,947)		1,138
Bad debt expense		492		402		3,151
Changes in other operating assets and liabilities:
Accounts receivable		(19,269)		(4,994)		(1,175)
Prepaid expenses and other assets		(2,361)		735		(2,691)
Accounts payable, accrued expenses and other current liabilities		15		(2,206)		3,572
Due to container investors		764		(5,766)		652
Unearned revenue		(344)		(1,296)		(2,115)
Net cash provided by operating activities		179,770		155,192		129,256
Cash flows from investing activities
Purchase of rental equipment	[1]	(812,021)		(502,050)		(251,165)
Acquisitions, net of cash acquired						(15,599)
Proceeds from sale of used rental equipment		106,149		66,364		66,073
Disposal of subsidiary, net of cash disposed of						(460)
Purchase of furniture, fixtures and equipment		(823)		(126)		(82)
Receipt of principal payments from direct finance leases		43,352		24,061		19,633
Net cash used in investing activities		(663,343)		(411,751)		(181,600)
Cash flows from financing activities
Proceeds from debt		1,695,064		754,340		552,540
Principal payments on debt		(1,236,912)		(527,850)		(496,270)
Debt issuance costs		(5,130)		(3,441)		(1,515)
Proceeds from issuance of common and preferred stock		103,433		28,028
Repurchase of common stock		(40,869)				(9,176)
Dividends paid to preferred stockholders		(3,260)
Exercise of stock options		24		145
Net cash provided by financing activities		512,350		251,222		45,579
Effect on cash of foreign currency translation		(3)		220		(674)
Net increase (decrease) in cash and restricted cash		28,774		(5,117)		(7,439)
Cash and restricted cash at beginning of the period	[2]	47,209	[3]	52,326	[3]	59,765
Cash and restricted cash at end of the period	[3]	75,983		47,209	[2]	52,326	[2]
Cash paid during the period for:
Income taxes		651		194		889
Interest		71,286		47,596		38,491
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to direct finance lease		316,697		205,033		19,036
Transfer of direct finance lease to rental equipment				413		732
Rental equipment payable		$ 74,139		$ 92,415		$ 92,415
[1]	Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indicated
[2]	Includes cash of $14,735, $15,685, and $17,447, cash held by variable interest entities of $20,685, $30,449, and $35,106, and restricted cash of $11,789, $6,192, and $7,212 at December 31, 2017, 2016, and 2015, respectively.
[3]	Includes cash of $20,104, $14,735, and $15,685, cash held by variable interest entities of $25,211, $20,685, and $30,449, and restricted cash of $30,668, $11,789, and $6,192 at December 31, 2018, 2017, and 2016, respectively.

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Restricted cash	$ 30,668	$ 11,789
Variable Interest Entity, Primary Beneficiary [Member]
Cash	25,211	20,685	$ 30,449	$ 35,106
Restricted cash	30,668	11,789	6,192	7,212
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]
Cash	$ 20,104	$ 14,735	$ 15,685	$ 17,447

The Company And Nature Of Opera

The Company And Nature Of Operations	12 Months Ended
	Dec. 31, 2018
The Company And Nature Of Operations [Abstract]
The Company And Nature Of Operations	(1) The Company and Nature of Operations  CAI International, Inc., together with its subsidiaries (collectively, CAI or the Company), is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers. The Company also manages equipment for third-party investors. In operating its fleet, the Company leases, re-leases and disposes of equipment and contracts for the repair, repositioning and storage of equipment. The Company also provides domestic and international logistics services. In February 2016 , the Company purchased Challenger Overseas LLC (Challenger), a Non-Vessel Operating Common Carrier (NVOCC), for approximately $10.8 million. Challenger is headquartered in Eatontown, New Jersey. In June 2016 , the Company purchased Hybrid Logistics, Inc. and its affiliate, General Transportation Services, Inc. (collectively, Hybrid), asset light truck brokers, for approximately $12.0 million. Hybrid is headquartered in Portland, Oregon. In July 2018, the Company combined the operations of its three logistics companies under one brand name, CAI Logistics. CAI Logistics is headquartered in Everett, Washington. The Company’s common stock, 8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Stock and 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Stock are each traded on the New York Stock Exchange under the symbols “CAI,” “CAI-PA” and “CAI-PB,” respectively. The Company’s corporate headquarters are located in San Francisco, California.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Abstract]
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements	(2 ) Summary of Significant Accounting Policies and Recent Accounting Pronouncements  Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09), which supersedes previous revenue recognition guidance. Leasing revenue recognition is specifically excluded, and therefore, the new standard is only applicable to the Company’s logistics services agreements, management services agreements, and the sale of used rental equipment. The new standard defines a five-step process to achieve the core principle of ASU 2014-09, which is to recognize revenue when promised goods or services are transferred to customers in amounts that reflect the consideration the Company expects to receive in exchange for those goods or services. The Company adopted ASU 2014-09 effective January 1, 2018, which did not have a material impact on the Company’s consolidated financial statements and related disclosures. See Note 2( l ) for further details.  In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (ASU 2016-15), which clarifies the classification of certain cash receipts and cash payments in the statement of cash flows, including debt prepayment or extinguishment costs, settlement of contingent consideration arising from a business combination and insurance settlement proceeds. The Company adopted ASU 2016-15 effective January 1, 2018, which did not result in any changes to the presentation of amounts shown on the Company’s consolidated statements of cash flows for all periods presented.  In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (ASU 2016-18), that requires the inclusion of restricted cash and restricted cash equivalents with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The Company adopted ASU 2016-18 effective January 1, 2018, which resulted in the inclusion of the Company’s restricted cash balances along with cash in the Company’s consolidated statements of cash flows and separate line items showing changes in restricted cash balances were eliminated from the Company’s consolidated statements of cash flows. ASU 2016-18 was applied retrospectively to all periods presented. Summary of Significant Accounting Policies (a) Principles of Consolidation The consolidated financial statements include the financial statements of CAI International, Inc., its wholly-owned subsidiaries, and its previously 80% -owned subsidiary, CAIJ, Inc., up to its date of disposal in April 2016. All significant intercompany balances and transactions have been eliminated in consolidation. The Company regularly performs a review of its container fund arrangements with investors to determine whether or not it has a variable interest in the fund and if the fund is a variable interest entity (VIE). If it is determined that the Company does not have a variable interest in the fund, further analysis is not required and the Company does not consolidate the fund. If it is determined that the Company does have a variable interest in the fund and the fund is a VIE, further analysis is performed to determine if the Company is a primary beneficiary of the VIE and meets both of the following criteria under Financial Account ing Standards Board (FASB) Accounting Standards Codification ( ASC) Topic 810, Consolidation :  it has the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and  it has the obligation to absorb losses of the VIE that could be potentially significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. If in the Company’s judgment both of the above criteria are met, the VIE’s financial statements are included in the Company’s consolidated financial statements as required under FASB ASC Topic 810, Consolidation (see Note 3). (b) Use of Estimates Certain estimates and assumptions were made by the Company’s management that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include revenue recognition, allowances for receivables, the carrying amount of rental equipment, the residual values and lives of rental equipment, and income tax uncertainties. Actual results could differ from those estimates. ( c ) Rental equipment Container The Company purchases new container equipment from manufacturers to lease to its customers. The Company also purchases used container equipment through sale-leaseback transactions with its customers, or equipment that was previously owned by one of the Company's third-party investors. Used equipment is typically purchased with an existing lease in place. Container rental equipment is recorded at original cost and depreciated to an estimated residual value on a straight-line basis over its estimated useful life. The estimated useful lives and residual values of the Company’s container equipment are based on historical disposal experience and the Company’s expectations for future used container sale prices. Depreciation estimates are reviewed on a regular basis to determine whether sustained changes have taken place in the useful lives of equipment or the assigned residual values, which would suggest that a change in depreciation estimates is warranted. The estimated useful lives and residual values for the majority of the Company's container equipment purchased new from the factory are as follows:     Depreciable  Residual Value Life in Years  20-ft. standard dry van container $ 1,050 13.0  40-ft. standard dry van container $ 1,300 13.0  40-ft. high cube dry van container $ 1,400 13.0  20-ft. refrigerated container $ 2,750 12.0  40-ft. high cube refrigerated container $ 3,500 12.0  Other specialized equipment is depreciated to its estimated residual value, which ranges from $1,000 to $3,500 , over its estimated useful life of between 12.5 years and 15 years. For used container equipment acquired through sale-leaseback transactions, the Company often adjust s its estimates for remaining useful life and residual values based on current conditions in the sale market for older containers and its expectations for how long the equipment will remain on-hire to the current lessee. Rail Railcar equipment is recorded at original cost and depreciated over its estimated useful life of 43 years to its estimated residual value of $8,700 using the straight-line method. The useful life is based on an estimate of the period over which the asset will generate revenue for the Company. Residual value is based on the average estimated scrap value of the Company’s railcars. The Company periodically reviews the appropriateness of its estimates of useful life and residual value based on changes in economic circumstances and other factors. The Company’s railcars may undergo refurbishment and upgrade programs to, for example, extend their useful life, meet higher car classification grades, enter new product or service segments, increase the tonnage carried, or to achieve higher utilization. The costs for these programs are capitalized. Normal repairs and maintenance associated with the Company’s railcar assets are expensed as incurred. ( d ) Impairment of Long-Lived Assets On at least an annual basis, the Company evaluates its rental equipment fleet to determine whether there have been any events or changes in circumstances indicating that the carrying amount of all, or part, of its fleet may not be recoverable. Events which would trigger an impairment review include, among others, a significant decrease in the long-term average market value of rental equipment, a significant decrease in the utilization rate of rental equipment resulting in an inability to generate income from operations and positive cash flow in future periods, or a change in market conditions resulting in a significant decrease in lease rates. When testing for impairment, equipment is generally grouped by equipment type, and is tested separately from other groups of assets and liabilities. Potential impairment exists when the estimated future undiscounted cash flows generated by an asset group, comprised of lease proceeds and residual values, less related operating expenses, are less than the carrying value of that asset group. If potential impairment exists, the equipment is written down to its fair value. In determining the fair value of an asset group, the Company considers market trends, published value for similar assets, recent transactions of similar assets and in certain cases, quotes from third party appraisers. No impairment charges were recorded in 2018, 2017 and 2016. ( e ) Intangible Assets Intangible assets with definite useful lives are reviewed for impairment whenever events or changes in circumstances indicate an asset’s carrying value may not be recoverable. The Company amortizes intangible assets on a straight-line basis over their estimated useful lives as follows:   Trademarks and tradenames 2 - 3 years Customer relationships 5 - 8 years  ( f ) Goodwill In connection with acquisitions made in 2015 and 2016 , the Company recorded $15.8 million of goodwill. Goodwill represents the excess of the purchase price over the fair value of the net assets acquired in a business combination. Goodwill is not amortized but is evaluated for impairment at the reporting unit level annually, or more frequently if events or changes in circumstances indicate that impairment may exist. The Company assesses qualitative factors such as industry and market considerations, overall financial performance and other relevant events and factors affecting a reporting unit to determine if it is more likely than not that impairment may exist and whether it is necessary to perform the quantitative goodwill impairment test. This involves comparing the fair value to the carrying value of each reporting unit that has goodwill assigned to it. The Company recognizes an impairment charge for the amount by which the carrying value of the reporting unit exceeds the fair value. The Company performed the annual impairment test during the fourth quarter of 201 8 and concluded that there was no impairment of goodwill. ( g ) Direct Finance Leases Interest on finance leases is recognized using the effective interest method. Lease income is recorded in decreasing amounts over the term of the contract, resulting in a level rate of return on the net investment in direct finance leases. ( h ) Debt Issuance Costs To the extent that the Company is required to pay issuance fees or direct costs relating to its debt and credit facilities, such fees are amortized over the lives of the related debt using the effective interest method and reflected in interest expense. Unamortized debt issuance costs of $20.4 million and $11.7 million are presented as a reduction of debt on the Company’s consolidated balance sheets as of December 31, 2018 and 2017, respectively. ( i ) Foreign Currency Translation The accounts of the Company’s foreign subsidiaries have been converted at rates of exchange in effect at year-end for balance sheet accounts and average exchange rates for the year for income statement accounts. The effects of changes in exchange rates in translating foreign subsidiaries’ financial statements are included in stockholders’ equity as accumulated other comprehensive income. ( j ) Accounts Receivable Amounts billed under leases for equipment owned by the Company, as well as amounts due from customers for the provision of logistics services, are recorded in accounts receivable. The Company estimates an allowance for doubtful accounts for accounts receivable it does not consider fully collectible. The allowance for doubtful accounts is developed based on two components: (1) specific reserves for receivables for which management believes full collection is doubtful; and (2) a general reserve for estimated losses inherent in the receivables. The general reserve is estimated by applying certain percentages to receivables that have not been specifically reserved, ranging from 1.0% on accounts that are one to thirty days overdue, to 100% on accounts that are one year or more overdue. The allowance for doubtful accounts is reviewed regularly by management and is based on the risk profile of the receivables, credit quality indicators such as the level of past due amounts and non-performing accounts and economic conditions. Changes in economic conditions or other events may necessitate additions or deductions to the allowance for doubtful accounts. The allowance is intended to provide for losses inherent in the company’s accounts receivable, and requires the application of estimates and judgments as to the outcome of collection efforts and the realization of collateral, among other things. ( k ) Income Taxes Income taxes are accounted for using the asset-and-liability method. Under this method, deferred income taxes are recognized for the future tax consequences of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that deferred tax assets will not be recovered. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records penalties and interest related to unrecognized tax benefits within income tax expense (see Note 10). ( l ) Revenue Recognition The Company provides a range of services to its customers incorporating the rental, sale and management of equipment and the provision of logistics services. Revenue for all forms of service is recognized when earned following the guidelines under FASB ASC Topic 606, Revenue Recognition and FASB ASC Topic 840, Leases . Revenue is reported net of any related sales tax. Container and Rail Lease Revenue The Company recognizes revenue from operating leases of its owned equipment as earned over the term of the lease. Where minimum lease payments vary over the lease term, revenue is recognized on a straight-line basis over the term of the lease. The Company recognizes revenue on a cash basis for certain railcar leases that are billed on an hourly or mileage basis through a third-party railcar manager. Early termination of the rental contracts subjects the lessee to a penalty, which is included in lease revenue upon such termination. Finance lease income is recognized using the effective interest method, which generates a constant rate of interest over the period of the lease. Included in lease revenue is revenue consisting primarily of fees charged to the lessee for handling, delivery, and repairs, which are recognized as earned. Also included in lease revenue is revenue from management fees earned under equipment management agreements. Management fees are generally calculated as a percentage of the monthly net operating income for an investor’s portfolio and recognized as revenue in the month of service. Logistics Revenue The Company’s logistics business derives its revenue from three principal sources: (1) truck brokerage services, (2) intermodal transportation services, and (3) international ocean freight and freight forwarding services. For truck brokerage services, which typically involve a short transit time, revenue is recognized when delivery has been completed due to lack of reliable information to reasonably measure progress toward complete satisfaction of the performance obligation. For intermodal transportation services, which can take a longer time to complete, revenue is recognized over time by measuring progress toward complete satisfaction of the performance obligation, utilizing input methods. For any such services not completed as of the end of a reporting period, a percentage of completion method based on costs incurred to date is used to allocate the appropriate revenue to each separate reporting period. The Company provides international freight forwarding services as an indirect carrier, sometimes referred to as a Non-Vessel Operating Common Carrier. Due to the lack of reliable information to reasonably measure progress toward complete satisfaction of the performance obligation, revenue for these shipments is recognized at the time the freight departs the terminal of origin, which is when the customer is billed and the Company has no further obligation to the customer. The Company reports logistics revenue on a gross basis as it is primarily responsible for fulfilling the promise to provide the specified service desired by the customers and has discretion in establishing the price for the specified service. Unearned Revenue The Company records unearned revenue when cash payments are received in advance of the Company satisfying its performance obligations. Payment terms vary by customer and type of service. The term between invoicing and when payment is due is not significant. For certain customers or services, the Company may require payment before the services are delivered or performed for the customer. Practical Expedients The Company expenses sales commissions when incurred because the period of amortization would have been one year or less. These costs are recorded within administrative expenses. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts with variable consideration for a distinct good or service that forms part of a single performance obligation. ( m ) Stock-Based Compensation The Company has granted stock options and restricted stock to certain directors and employees under its 2007 Equity Incentive Plan. The Company accounts for stock-based compensation in accordance with FASB ASC Topic 718, Compensation – Stock Compensation , which requires that compensation cost related to stock-based compensation be recognized in the financial statements. The cost is measured at the date the award is granted based on the fair value of the award. The fair value of stock options is calculated using the Black-Scholes-Merton option pricing model. The stock-based compensation expense is recognized over the vesting period of the grant on a straight-line basis (see Note 11). The company accounts for forfeitures as they occur. ( n ) Repairs and Maintenance The Company’s leases generally require the lessee to pay for any damage to the equipment beyond normal wear and tear at the end of the lease term. The Company accounts for repairs and maintenance expense on an accrual basis when an obligation to pay has been incurred.

Consolidation Of Variable Inter

Consolidation Of Variable Interest Entities	12 Months Ended
	Dec. 31, 2018
Consolidation Of Variable Interest Entities [Abstract]
Consolidation Of Variable Interest Entities	(3 ) Consolidation of Variable Interest Entities as a Non-Controlling Interest The Company regularly performs a review of its container fund arrangements with investors to determine whether or not it has a variable interest in the fund and if the fund is a VIE. If it is determined that the Company does not have a variable interest in the fund, further analysis is not required and the Company does not consolidate the fund. If it is determined that the Company does have a variable interest in the fund and the fund is a VIE, further analysis is performed to determine if the Company is a primary beneficiary of the VIE and meets both of the following criteria under FASB ASC Topic 810, Consolidation :  it has the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and  it has the obligation to absorb losses of the VIE that could be potentially significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. If in the Company’s judgment both of the above criteria are met, the VIE’s financial statements are included in the Company’s consolidated financial statements as required under FASB ASC Topic 810, Consolidation . The Company currently enters into two types of container fund arrangements with investors which are reviewed under FASB ASC Topic 810, Consolidation . These arrangements include container funds that the Company manages for investors and container funds that have entered into financing arrangements with investors. All of the funds under financing arrangements are Japanese container funds that were established under separate investment agreements allowed under Japanese commercial laws. Each of the funds is financed by unrelated Japanese third-party investors. Managed Container Funds The fees earned by the Company for arranging, managing and establishing container funds are commensurate with the level of effort required to provide those services, and the arrangements include only terms and conditions that are customarily present in arrangements for similar services. As such, the Company does not have a variable interest in the managed container funds, and does not consolidate those funds. No container portfolios were sold to the funds in the years ended December 31, 2018, 2017 and 2016. Collateralized Financing Obligations The Company has transferred containers to Japanese investor funds while concurrently entering into lease agreements for the same containers, under which the Company leases the containers back from the Japanese investors. In accordance with FASB ASC Topic 840, Sale-Leaseback Transactions, the Company concluded these were financing transactions under which sale-leaseback accounting was not applicable. The terms of the transactions with container funds under financing arrangements include options for the Company to purchase the containers from the funds at a fixed price. As a result of the residual interest resulting from the fixed price call option, the Company concluded that it may absorb a significant amount of the variability associated with the funds’ anticipated economic performance and, as a result, the Company has a variable interest in the funds. The funds are considered VIEs under FASB ASC Topic 810, Consolidation , because, as lessee of the funds, the Company has the power to direct the activities that most significantly impact each entity’s economic performance, including the leasing and managing of containers owned by the funds. As the Company has the power to direct the activities that most significantly impact the economic performance of the VIEs and the variable interest provides the Company with the right to receive benefits from the entity that could potentially be significant to the funds, the Company determined that it is the primary beneficiary of these VIEs and included the VIEs’ assets and liabilities as of December 31, 2018 and 2017, and the results of the VIEs’ operations and cash flows for the years ended December 31, 2018, 2017 and 2016 in the Company’s consolidated financial statements. The containers that were transferred to the Japanese investor funds had a net book value of $ 85.8 million as of December 31, 2018. The container equipment, together with $ 25.2 million of cash held by the investor funds that can only be used to settle the liabilities of the VIEs, has been included on the Company’s consolidated balance sheet with the related liability presented in the debt section of the Company’s consolidated balance sheet as collateralized financing obligations of $ 107.2 million and term loans held by VIE of $ 1.5 million. See Note 8(e) and Note 8(f) for additional information. No gain or loss was recognized by the Company on the initial consolidation of the VIEs. Containers sold to the Japanese investor funds during the years ended December 31, 2018, 2017 and 2016, had a net book value of $40.6 million, $20.5 million and $36.2 million, respectively.

Rental Equipment

Rental Equipment	12 Months Ended
	Dec. 31, 2018
Rental Equipment [Abstract]
Rental Equipment	(4 ) Rental Equipment The following table provides a summary of the Company’s rental equipment (in thousands):     December 31, December 31,  2018 2017  Dry containers $ 1,840,304 $ 1,533,063  Refrigerated containers 341,983 345,744  Other specialized equipment 192,035 160,529  Railcars 490,381 471,171  2,864,703 2,510,507  Accumulated depreciation (599,443) (505,546)  Rental equipment, net of accumulated depreciation $ 2,265,260 $ 2,004,961 2

Net Investment In Direct Financ

Net Investment In Direct Finance Leases	12 Months Ended
	Dec. 31, 2018
Net Investment In Direct Finance Leases [Abstract]
Net Investment In Direct Finance Leases	(5) Net Investment in Direct Finance Leases The following table represents the components of the Company’s net investment in direct finance leases (in thousands):     December 31, December 31,  2018 2017  Gross finance lease receivables (1) $ 804,511 $ 412,489  Unearned income (2) (254,744) (135,976)  Net investment in direct finance leases $ 549,767 $ 276,513 (1) At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received. There was $74.4 million and $34.4 million unguaranteed residual value at December 31, 2018 and 2017, respectively, included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of December 31, 2018 and 2017.  (2) The difference between the gross finance lease receivables and the cost of the equipment or carrying amount at the lease inception is recorded as unearned income. Unearned income, together with initial direct costs, are amortized to income over the lease term so as to produce a constant periodic rate of return. There were no unamortized initial direct costs as of December 31, 2018 and 2017.  In order to estimate the allowance for losses contained in the gross finance lease receivables, the Company reviews the credit worthiness of its customers on an ongoing basis. The review includes monitoring credit quality indicators, the aging of customer receivables and general economic conditions. The categories of gross finance lease receivables based on the Company's internal customer credit ratings can be described as follows: Tier 1 — These customers are typically large international shipping lines that have been in business for many years and have world-class operating capabilities and significant financial resources. In most cases, the Company has had a long commercial relationship with these customers and currently maintains regular communication with them at several levels of management, which provides the Company with insight into the customer's current operating and financial performance. In the Company's view, these customers have the greatest ability to withstand cyclical down turns and would likely have greater access to needed capital than lower-rated customers. The Company views the risk of default for Tier 1 customers to range from minimal to moderate. Tier 2 — These customers are typically either smaller shipping lines or freight forwarders with less operating scale or with a high degree of financial leverage, and accordingly the Company views these customers as subject to higher volatility in financial performance over the business cycle. The Company generally expects these customers to have less access to capital markets or other sources of financing during cyclical down turns. The Company views the risk of default for Tier 2 customers as moderate. Tier 3 — Customers in this category exhibit volatility in payments on a regular basis. Based on the above categories, the Company's gross finance lease receivables were as follows (in thousands):     December 31, December 31,  2018 2017  Tier 1 $ 698,014 $ 366,629  Tier 2 106,497 45,860  Tier 3 - -  $ 804,511 $ 412,489  Contractual maturities of the Company’s gross finance lease receivables subsequent to December 31, 2018 for the years ending December 31 are as follows (in thousands):     2019 $ 117,719  2020 88,634  2021 85,339  2022 78,496  2023 73,260  2024 and thereafter 361,063  $ 804,511  

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2018
Intangible Assets [Abstract]
Intangible Assets	(6) Intangible Assets The Company’s intangible assets as of December 31, 2018 and 2017 were as follows (in thousands):     Gross Carrying Amount Accumulated Amortization Net Carrying Amount  December 31, 2018  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (3,611) 5,733  $ 11,130 $ (5,397) $ 5,733  December 31, 2017  Trademarks and tradenames $ 1,786 $ (1,411) $ 375  Customer relationships 9,344 (1,996) 7,348  $ 11,130 $ (3,407) $ 7,723  Amortization expense was $ 2.0 million for both the years ended December 31, 2018 and 2017, and $1.4 million for the year ended December 31, 2016, and was included in administrative expenses in the consolidated statements of income. As of December 31, 2018, estimated future amortization expenses are as follows (in thousands):     2019 $ 1,609  2020 1,609  2021 1,516  2022 474  2023 457  2024 and thereafter 68  $ 5,733  

Equipment Leases

Equipment Leases	12 Months Ended
	Dec. 31, 2018
Equipment Leases [Abstract]
Equipment Leases	(7) Equipment Leases The Company leases its equipment on either short-term operating leases through master lease agreements, long-term non-cancelable operating leases, or finance leases. The following represents future minimum rents receivable under long-term non-cancelable operating leases as of December 31, 2018 (in thousands):     2019 $ 184,978  2020 152,927  2021 129,361  2022 107,776  2023 71,762  2024 and thereafter 108,714  $ 755,518  See Note 5 for contractual maturities of the Company’s gross finance lease receivables.

Debt

Debt	12 Months Ended
	Dec. 31, 2018
Debt [Abstract]
Debt	(8) Debt Details of the Company’s debt as of December 31, 2018 and 2017 were as follows (dollars in thousands):     December 31, 2018 December 31, 2017  Outstanding Average Outstanding Average  Reference Current Long-term Interest Current Long-term Interest Maturity  (a)(i) Revolving credit facility $ 4,200 $ 301,000 4.2% $ - $ 528,000 3.2% June 2023  (a)(ii) Revolving credit facility - Rail - 272,500 4.2% - 272,000 3.2% October 2023  (a)(iii) Revolving credit facility - Euro - 19,457 2.0% - 14,736 2.0% September 2020  (b)(i) Term loan 1,800 27,300 4.5% 21,900 - 3.4% April 2023  (b)(ii) Term loan 111,750 - 3.8% 9,000 111,750 3.1% October 2019  (b)(iii) Term loan 7,000 75,500 4.0% 7,000 82,500 3.3% June 2021  (b)(iv) Term loan 1,240 15,284 3.4% 1,198 16,524 3.4% December 2020  (b)(v) Term loan 2,909 40,651 3.6% 2,805 43,560 3.6% August 2021  (b)(vi) Term loan 6,000 92,500 4.6% - - - October 2023  (c) Senior secured notes 6,110 52,775 4.9% 6,110 58,885 4.9% September 2022  (d)(i) Asset-backed notes 2012-1 17,100 48,450 3.5% 17,100 65,550 3.5% October 2027  (d)(ii) Asset-backed notes 2013-1 22,900 74,425 3.4% 22,900 97,325 3.4% March 2028  (d)(iii) Asset-backed notes 2017-1 25,307 189,802 3.7% 25,307 215,109 3.7% June 2042  (d)(iv) Asset-backed notes 2018-1 34,890 284,935 4.0% - - - February 2043  (d)(v) Asset-backed notes 2018-2 34,350 300,563 4.4% - - - September 2043  (e) Collateralized financing obligations 39,610 67,615 1.2% 22,549 69,441 1.2% December 2021  (f) Term loans held by VIE 1,456 - 3.3% - 3,286 2.7% June 2019  316,622 1,862,757 135,869 1,578,666  Debt issuance costs (5,241) (15,124) (3,820) (7,893)  Total Debt $ 311,381 $ 1,847,633 $ 132,049 $ 1,570,773  (a) Revolving Credit Facilities Revolving credit facilities consist of the following: (i) On March 15, 2013, the Company entered into a Third Amended and Restated Revolving Credit Agreement, as amended, with a consortium of banks to finance the acquisition of container rental equipment and for general working capital purposes. On June 27, 2018, the Company entered into an amendment to the Third Amended and Restated Revolving Credit Agreement, pursuant to which the revolving credit facility was amended to, among other things, increase the commitment level from $960.0 million to $1,100.0 million, with the ability to increase the revolving credit facility by an additional $250.0 million without lender approval, subject to certain conditions. The amendment also extended the maturity date of the revolving credit facility to June 26, 2023 and revised certain covenants, restrictions and events of default to provide the Company with additional flexibility, including an increase in the maximum total leverage ratio from 3.75 :1.00 to 4.00 :1.00, subject to certain conditions. As of December 31, 2018, the maximum commitment under the revolving credit facility was $1,100.0 million. There is a commitment fee on the unused amount of the total commitment, payable quarterly in arrears. The revolving credit facility provides that swing line loans (short-term borrowings of up to $25.0 million in the aggregate that are payable within 10 business days or at maturity date, whichever comes earlier) and standby letters of credit (up to $30.0 million in the aggregate) will be available to the Company. These credit commitments are part of, and not in addition to, the total commitment provided under the revolving credit facility. The interest rates vary depending upon whether the loans are characterized as Base Rate loans or Eurodollar rate loans, as defined in the revolving credit agreement. Interest rates are based on LIBOR for Eurodollar loans and Base Rate for Based Rate loans. In addition to various financial and other covenants, the Company’s revolving credit facility also includes certain restrictions on the Company’s ability to incur other indebtedness or pay dividends to stockholders. As of December 31, 2018, the Company was in compliance with the terms of the revolving credit facility. As of December 31, 201 8 , the Company had $ 794.7 million in availability under the revolving credit facility (net of $0.1 million in letters of credit) subject to its ability to meet the collateral requirements under the agreement governing the facility. Based on the borrowing base and collateral requirements at December 31, 2018, the borrowing availability under the revolving credit facility was $ 91.2 million , assuming no additional contribution of assets. The entire amount of the facility drawn at any time plus accrued interest and fees is callable on demand in the event of certain specified events of default. The Company’s revolving credit facility, including any amounts drawn on the facility, is secured by substantially all of the assets of the Company (not otherwise used as security for its other credit facilities), including containers owned by the Company, which had a net book value of $ 477.0 million as of December 31, 2018, the underlying leases and the Company’s interest in any money received under such contracts. (ii) On October 22, 2018, the Company and CAI Rail Inc. (CAI Rail), a wholly-owned subsidiary of the Company, entered into the Third Amended and Restated Revolving Credit Agreement with a consortium of banks, pursuant to which the revolving credit facility for CAI Rail was amended to, among other things, (i) extend the maturity date from October 22, 2020 to October 23, 2023 , (ii) increase the commitment level from $500.0 million to $550.0 million, with the ability to increase the facility by an additional $150.0 million, subject to certain conditions, and (iii) revise certain of the covenants and restrictions under the prior facility to provide the Company with additional flexibility. As of December 31, 2018, the maximum credit commitment under the revolving line of credit was $550.0 million. Borrowings under this revolving credit facility bear interest at a variable rate. The interest rates vary depending upon whether the loans are characterized as Base Rate loans or Eurodollar rate loans, as defined in the revolving credit agreement. Interest rates are based on LIBOR for Eurodollar loans, and Base Rate for Base Rate loans. As of December 31, 2018, CAI Rail had $ 277.5 million in availability under the revolving credit facility, subject to its ability to meet the collateral requirements under the agreement governing the facility. Based on the borrowing base and collateral requirements at December 31, 2018, the borrowing availability under the revolving credit facility was $ 18.6 million , assuming no additional contribution of assets. The entire amount of the facility drawn at any time plus accrued interest and fees is callable on demand in the event of certain specified events of default. The agreement governing CAI Rail’s revolving credit facility contains various financial and other covenants. As of December 31, 2018, CAI Rail was in compliance with the terms of the revolving credit facility. CAI Rail’s revolving credit facility, including any amounts drawn on the facility, is secured by certain assets of CAI Rail, which had a net book value of $ 363.9 million as of December 31, 2018, and is guaranteed by the Company. (iii) On September 23, 2016, the Company and CAI International GmbH (CAI GmbH), a wholly-owned subsidiary of the Company, entered into a Revolving Credit Agreement with a financial institution to finance the acquisition of rental equipment. As of December 31, 2018, the maximum credit commitment under the revolving credit facility was €25.0 million. Borrowings under this revolving credit facility bear interest at a variable rate. Interest rates are based on EURIBOR. As of December 31, 2018, CAI GmbH had €8.0 million in availability under the revolving credit facility, subject to its ability to meet the collateral requirements under the agreement governing the facility. Based on the borrowing base and collateral requirements at December 31, 2018, the borrowing availability under the revolving credit facility was €1.2 million, assuming no additional contribution of assets. The entire amount of the facility drawn at any time plus accrued interest and fees is callable on demand in the event of certain specified events of default. The agreement governing CAI GmbH’s revolving credit facility containers various financial and other covenants. As of December 31, 2018, CAI GmbH was in compliance with the terms of the revolving credit facility. CAI GmbH’s revolving credit facility, including any amounts drawn on the facility, is secured by all of the assets of CAI GmbH, which had a net book value of €24.2 million as of December 31, 2018, and is guaranteed by the Company. (b) Term Loans Term loans consist of the following: (i) On April 19, 2018, the Company entered into a $30.0 million five -year term loan agreement with a bank. The loan is payable in 19 quarterly installments of $0.5 million starting July 31, 2018 and a final payment of $21.5 million on April 30, 2023 . The loan bears interest at a variable rate based on LIBOR. As of December 31, 2018, the loan had a balance of $29.1 million. The following are the estimated future principal and interest payments under these loans as of December 31, 2018 (in thousands). The payments were calculated assuming the interest rate remains 4.5 % through maturity of the loan.     2019 $ 3,086  2020 3,005  2021 2,924  2022 2,842  2023 22,391  34,248  Less: Amount representing interest (5,148)  Term loan $ 29,100 (ii) On December 20, 2010, the Company entered into a term loan agreement with a consortium of banks. Under this loan agreement, the Company was eligible to borrow up to $300.0 million, subject to certain borrowing conditions, which amount is secured by certain assets of the Company’s wholly-owned foreign subsidiaries. The loan agreement is an amortizing facility with a term of six years. The interest rates vary depending upon whether the loans are characterized as Base Rate loans or Eurodollar rate loans, as defined in the term loan agreement. The loan bears a variable interest rate based on LIBOR for Eurodollar loans, and Base Rate for Base Rate loans. On March 28, 2013, the term loan was amended which reduced the principal balance of the loan from $249.4 million to $125.0 million through payment of $124.4 million from the proceeds of the $229.0 million fixed-rate asset-backed notes issued by the Company’s indirect wholly-owned subsidiary, CAL Funding II Limited (CAL II) (see Note 8 (d) below). On October 1, 2014, the Company entered into an amended and restated term loan agreement with a consortium of banks, pursuant to which the prior loan agreement was refinanced. The amended and restated term loan agreement, which contains similar terms to the prior loan agreement, was amended to, among other things: (a) reduce the borrowing rates from LIBOR plus 2.25% to LIBOR plus 1.6% (per annum) for Eurodollar loans, (b) increase the loan commitment from $115.0 million to $150.0 million, (c) extend the maturity date to October 1, 2019 , and (d) revise certain of the covenants and restrictions under the prior loan agreement to provide the Company with additional flexibility. As of December 31, 2018, the term loan had a balance of $ 111.8 million. The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated assuming the interest rate remains 3.8 % through maturity of the loan.     2019 $ 115,275  115,275  Less: Amount representing interest (3,525)  Term loan $ 111,750 (iii) On April 11, 2012, the Company entered into a term loan agreement with a consortium of banks. The agreement, as amended, provided for a five -year term loan of up to $142.0 million, subject to certain borrowing conditions, which amount is secured by certain assets of the Company. On June 30, 2016, the Company entered into an amended and restated term loan agreement, pursuant to which the prior loan agreement was refinanced. The amended and restated term loan agreement, which contains similar terms to the prior loan agreement, was amended to, among other things: (a) provide the Company with the ability to increase the commitments under the facility to a maximum of $100.0 million, subject to certain conditions, (2) extend the maturity date to June 30, 2021, and (c) revise certain of the covenants and restrictions under the prior agreement to provide the Company with additional flexibility. The term loan’s outstanding principal is amortized quarterly, with quarterly payments equal to 1.75% multiplied by the original outstanding principal. The amended and restated term loan agreement bears a variable interest rate based on LIBOR for Eurodollar loans, and Base Rate for base rate loans. As of December 31 , 2018, the loan had a balance of $82.5 million. The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated assuming the interest rate remains 4.0 % through maturity of the loan.     2019 $ 10,459  2020 10,165  2021 69,953  90,577  Less: Amount representing interest (8,077)  Term loan $ 82,500  (iv) On December 22, 2015, the Company entered into a $20.0 million five -year term loan agreement for CAI Rail with a financial institution. The term loan’s outstanding principal bears interest at a fixed rate of 3.4% per annum and is amortized quarterly. Any unpaid principal and interest is due and payable on December 22, 2020 . The proceeds from the term loan were primarily used to repay outstanding amounts under CAI Rail’s revolving credit facility. As of December 31, 2018, the loan had a balance of $ 16.5 million . The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 3.4%.     2019 $ 1,793  2020 15,793  17,586  Less: Amount representing interest (1,062)  Term loan $ 16,524  (v) On August 30, 2016, CAI Rail entered into a term loan agreement of up to $100.0 million with a consortium of banks for the acquisition of railcars, subject to certain borrowing conditions, which is secured by certain railcars and other assets of CAI Rail. The loan agreement is an amortizing facility with a term of five years. Borrowings under the loan bear interest at a fixed rate as specified in the applicable term note entered into at the time a draw is made under the loan agreement. Principal and interest on the borrowings are payable monthly during the five-year term of the note. At closing of the loan agreement, CAI Rail made a draw of $50.0 million on the facility at a fixed interest rate of 3.6% per annum. Any unpaid principal and interest is due on August 30, 2021. As of December 31, 2018, the loan had a balance of $ 43.6 million. The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 3.6%.     2019 $ 4,441  2020 4,441  2021 38,524  47,406  Less: Amount representing interest (3,846)  Term loan $ 43,560  (vi) On October 18, 2018, the Company entered into a $100.0 million five -year term loan agreement with a bank. The loan is payable in 20 quarterly installments of $1.5 million starting December 20, 2018 and a final payment of $70.0 million on October 18, 2023. The outstanding principal amounts under the loan bear interest at a fixed rate per annum of 4.6% . As of December 31, 2018, the loan had a balance of $98.5 million. The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 4.6%.     2019 $ 10,396  2020 10,122  2021 9,848  2022 9,574  2023 77,266  117,206  Less: Amount representing interest (18,706)  Term loan $ 98,500  The Company's term loans are secured by rental equipment owned by the Company, which had a net book value of $ 461.8 million as of December 31, 2018. (c) Senior Secured Notes On September 13, 2012, Container Applications Limited (CAL), a wholly-owned subsidiary of the Company, entered into a Note Purchase Agreement with certain institutional investors, pursuant to which CAL issued $103.0 million of its 4.90% Senior Secured Notes due September 13, 2022 (the Notes) to the investors. The Notes are guaranteed by the Company and secured by certain assets of CAL and the Company. The Notes bear interest at 4.9% per annum, due and payable semiannually on March 13 and September 13 of each year, commencing on March 13, 2013. In addition, CAL is required to make certain principal payments on March 13 and September 13 of each year, commencing on March 13, 2013. Any unpaid principal and interest is due and payable on September 13, 2022. The Note Purchase Agreement provides that CAL may prepay at any time all or any part of the Notes in an amount not less than 10% of the aggregate principal amount of the Notes then outstanding. As of December 31, 2018, the Notes had a balance of $ 58.9 million. The following are the estimated future principal and interest payments under the Notes as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 4.9%.     2019 $ 8,921  2020 8,621  2021 8,322  2022 42,467  68,331  Less: Amount representing interest (9,446)  Senior secured notes $ 58,885  The Company's senior secured notes are secured by rental equipment owned by the Company, which had a net book value of $ 76.2 million as of December 31, 2018. (d) Asset-Backed Notes Asset-backed notes consist of the following: (i) On October 18, 2012, CAL II issued $171.0 million of 3.47% fixed rate asset-backed notes (Series 2012-1 Asset-Backed Notes). Principal and interest on the Series 2012-1 Asset-Backed Notes is payable monthly commencing on November 26, 2012, and the Series 2012-1 Asset-Backed Notes mature in October 2027 . The proceeds from the Series 2012-1 Asset-Backed Notes were used to repay part of the Company’s borrowings under its senior revolving credit facility. As of December 31, 2018, the Series 2012-1 Asset-Backed Notes had a balance of $ 65.6 million. The following are the estimated future principal and interest payments under the Series 2012-1 Asset-Backed Notes as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 3.5%.     2019 $ 19,103  2020 18,509  2021 17,916  2022 14,477  70,005  Less: Amount representing interest (4,455)  Asset-backed notes $ 65,550  (ii) On March 28, 2013, CAL II issued $229.0 million of 3.35% fixed rate asset-backed notes (Series 2013-1 Asset-Backed Notes). Principal and interest on the Series 2013-1 Asset-Backed Notes is payable monthly commencing on April 25, 2013, and the Series 2013-1 Asset-Backed Notes mature in March 2028 . The proceeds from the Series 2013-1 Asset-Backed Notes were used partly to reduce the balance of the Company’s term loan as described in Note 10 (b)(ii) above, and to partially pay down the Company’s senior revolving credit facility. The Series 2013-1 Asset-Backed Notes had a balance of $ 97.3 million as of December 31, 2018. The following are the estimated future principal and interest payments under the Series 2013-1 Asset-Backed Notes as of December 31, 2018 (in thousands). The payments were calculated based on the fixed interest rate of 3.4%.     2019 $ 25,809  2020 25,042  2021 24,274  2022 23,507  2023 5,757  104,389  Less: Amount representing interest (7,064)  Asset-backed notes $ 97,325  (iii) On July 6, 2017, CAL Funding III Limited (CAL III), a wholly-owned indirect subsidiary of CAI, issued $240.9 million of 3.6% Class A fixed rate asset-backed notes and $12.2 million of 4.6% Class B fixed rate asset-backed notes (collectively, the Series 2017-1 Asset-Backed Notes). Principal and interest on the Series 2017-1 Asset-Backed Notes is payable monthly commencing on July 25, 2017, with the Series 2017-1 Asset-Backed Notes maturing in June 2042. The proceeds from the Series 2017-1 Asset-Backed Notes were used for general corporate purposes, including repayment of debt by the Company. As of December 31, 2018, the Series 2017-1 Asset-Backed Notes had a balance of $215.1 million. The following are the estimated future principal and interest payments under the Series 2017-1 Asset-Backed Notes as of December 31, 2018 (in thousands). The payments were calculated based on the weighted average fixed interest rate of 3.7% .     2019 $ 32,770  2020 31,842  2021 30,914  2022 29,986  2023 29,058  2024 and thereafter 94,394  248,964  Less: Amount representing interest (33,855)  Asset-backed notes $ 215,109  (iv) On February 28, 2018, CAL III issued $332.0 million of 4.0% Class A fixed rate asset-backed notes and $16.9 million of 4.8% Class B fixed rate asset-backed notes (collectively, the Series 2018-1 Asset-Backed Notes). Principal and interest on the Series 2018-1 Asset-Backed Notes is payable monthly commencing on March 26, 2018, with the Series 2018-1 Asset-Backed Notes maturing in February 2043. The proceeds were used for general corporate purposes, including repayment of debt by the Company. As of December 31, 2018, the Series 2018-1 Asset-Backed Notes had a balance of $319.8 million. The following are the estimated future principal and interest payments under the Series 2018-1 Asset-Backed Notes as of December 31, 2018 (in thousands). The payments were calculated based on the weighted average fixed interest rate of 4.0%.     2019 $ 47,045  2020 45,650  2021 44,254  2022 42,858  2023 41,462  2024 and thereafter 157,734  379,003  Less: Amount representing interest (59,178)  Asset-backed notes $ 319,825  (v) On September 19, 2018, CAL III issued $331.5 million of 4.3% Class A fixed rate asset-backed notes and $12.0 million of 5.2% Class B fixed rate asset-backed notes (collectively, the Series 2018-2 Asset-Backed Notes). Principal and interest on the Series 2018-2 Asset-Backed Notes is payable monthly commencing on October 25, 2018, with the Series 2018-2 Asset-Backed Notes maturing in September 2043. The proceeds were used for general corporate purposes, including repayment of debt by the Company. As of December 31, 2018, the Series 2018-2 Asset-Backed Notes had a balance of $334.9 million. The following are the estimated future principal and interest payments under the Series 2018-2 Asset-Backed Notes as of December 31, 2018 (in thousands). The payments were calculated based on the weighted average fixed interest rate of 4.4%.     2019 $ 48,300  2020 46,799  2021 45,297  2022 43,796  2023 42,295  2024 and thereafter 180,397  406,884  Less: Amount representing interest (71,971)  Asset-backed notes $ 334,913  The Company's asset-backed notes are secured by rental equipment owned by the Company, which had a net book value of $ 1,249.2 million as of December 31, 2018. The agreements under each of the asset-backed notes described above require the Company to maintain a restricted cash account to cover payment of the obligations. As of December 31, 2018, the restricted cash account had a balance of $ 30.7 million. (e) Collateralized Financing Obligations As of December 31, 2018, the Company had collateralized financing obligations of $ 107.2 million (see Note 3). The obligations had an average interest rate of 1.2 % as of December 31, 2018 with maturity dates between March 2019 and December 2021 . The debt is secured by a pool of containers covered under the financing arrangements. The following are the estimated future principal and interest payments under the Company’s collateralized financing obligations as of December 31, 2018 (in thousands). The payments were calculated assuming an average interest rate of 1.2 % through maturity of the obligations.     2019 $ 40,784  2020 22,084  2021 36,414  2022 10,147  109,429  Less: Amount representing interest (2,204)  Collateralized financing obligations $ 107,225  (f) Term Loans Held by VIE On June 25, 2014, one of the Japanese investor funds that is consolidated by the Company as a VIE (see Note 3) entered into a term loan agreement with a bank. Under the terms of the agreement, the Japanese investor fund entered into two loans; a five year, amortizing loan of $9.2 million at a fixed interest rate of 2.7% , and a five year, non-amortizing loan of $1.6 million at a variable interest rate based on LIBOR. The debt is secured by assets of the Japanese investor fund, and is subject to certain borrowing conditions set out in the loan agreement. As of December 31, 2018, the term loans held by the Japanese investor fund totaled $ 1.5 million and had an average interest rate o f 3.3% . The following are the estimated future principal and interest payments under this loan as of December 31, 2018 (in thousands). The payments were calculated assuming the interest rate remains 3.3 % through maturity of the loan.     2019 $ 1,486  1,486  Less: Amount representing interest (30)  Term loans held by VIE $ 1,456  The Company's term loans held by VIE are secured by rental equipment owned by the Japanese investor fund, which had a net book value of $8.5 million as of December 31, 2018. The agreements relating to all of the Company’s debt contain various financial and other covenants. As of December 31, 2018, the Company was in compliance with all of its debt covenants.

Stock-Based Compensation Plan

Stock-Based Compensation Plan	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation Plan [Abstract]
Stock-Based Compensation Plan	(9) Stock–Based Compensation Plan Stock Options The Company may grant stock options from time to time to certain employees and independent directors pursuant to its 2007 Equity Incentive Plan, as amended (Plan). Under the Plan, a maximum of 3,421,980 share awards may be granted. Stock options granted to employees have a vesting period of four years from grant date, with 25% vesting after one year, and 1/48 th vesting each month thereafter until fully vested. Stock options granted to independent directors vest in one year. All of the stock options have a contractual term of ten years. The following table summarizes the Company’s stock option activities for the three years ended December 31, 2018:     Weighted  Average  Weighted Remaining Aggregate  Average Contractual Intrinsic  Number of Exercise Term Value  Shares Price (in years) (in thousands)  Options outstanding, December 31, 2015 1,189,255 $ 18.08  Options granted 245,000 $ 7.87  Options forfeited/cancelled (6,000) $ 21.99  Options outstanding, December 31, 2016 1,428,255 $ 16.31  Options granted 230,500 $ 16.80  Options exercised (799,195) $ 16.31  Options outstanding, December 31, 2017 859,560 $ 16.44  Options granted - $ -  Options exercised (9,393) $ 14.76  Options outstanding, December 31, 2018 850,167 $ 16.46 5.9 $ 5,936  Options exercisable at December 31, 2018 657,471 $ 17.38 5.3 $ 4,028  Expected to vest after December 31, 2018 192,696 $ 13.33 7.7 $ 1,907 The aggregate intrinsic value represents the value by which the Company’s closing stock price of $ 23.23 per share on the last trading day of the year ended December 31, 2018 exceeds the exercise price of the stock multiplied by the number of options outstanding or exercisable, excluding options that have a zero or negative intrinsic value. The aggregate intrinsic value of stock options exercised during 2018 and 2017, based on the closing share price on the date each option was exercised, was $ 0.1 million and $11.7 million, respectively. The Company recognized stock-based compensation expense relating to stock options of $ 1.2 million, $1.6 million and $1.3 million for the years ended December 31, 2018, 2017 and 2016, respectively. As of December 31, 2018, the remaining unamortized stock-based compensation cost relating to stock options granted to the Company’s employees and independent directors was approximately $ 1.3 million, which is to be recognized over the remaining weighted average vesting period of approximately 1.7 years. The total fair value of stock options granted to the Company’s employees and independent directors at the time of grant was approximately $ 2.1 million, or $ 9.16 per share and $0.9 million, or $3.55 per share for the years ended December 31, 2017 and 2016, respectively, calculated using the Black-Scholes-Merton pricing model under the following weighted average assumptions:     2017 2016  Stock price $ 16.80 $ 7.87  Exercise price $ 16.80 $ 7.87   Expected term (years) 5.5 - 6.25 5.5 - 6.25  Expected volatility (%) 56.4 - 57.5 45.4 - 46.7  Risk-free interest rate (%) 1.77 - 2.14 1.30 - 1.40  Dividend yield (%) - -  No options were granted by the Company during the year ended December 31, 2018. The expected option term is calculated using the simplified method in accordance with SEC guidance. The expected volatility was derived from the average volatility of the Company’s stock over a period approximating the expected term of the options. The risk-free rate is based on the daily U.S. Treasury yield curve with a term approximating the expected term of the options. No forfeiture was estimated on all options granted during the years ended December 31, 2017 and 2016, as the Company accounts for forfeitures as they occur (see Note 2(m)). Restricted Stock and Performance Stock The Company grants restricted stock, comprising restricted stock units and restricted stock awards, from time to time to certain employees and independent directors pursuant to the Plan. Restricted stock granted to employees has a vesting period of four years; 25% vesting on each anniversary of the grant date. Restricted stock granted to independent directors vests in one year. The company recognizes the compensation cost associated with restricted stock over the vesting period based on the closing price of the Company’s stock on the date of grant. The Company grants performance stock to selected executives and other key employees. The performance stock vests at the end of a 3 -year performance cycle if certain financial performance targets are met. The Company recognizes compensation cost associated with the performance stock ratably over the 3-year term when it is considered probable that performance targets will be met. Compensation cost is based on the closing price of the Company’s common stock on the date of grant. The following table summarizes the activity of restricted stock and performance stock under the Plan:     Weighted  Average  Number of Grant Date  Shares Fair Value  Outstanding at December 31, 2015 48,025 $ 22.70  Granted 34,500 $ 7.87  Vested (14,379) $ 23.61  Forfeited (2,344) $ 21.96  Outstanding at December 31, 2016 65,802 $ 14.75  Granted 37,414 $ 17.14  Vested (24,674) $ 17.83  Outstanding at December 31, 2017 78,542 $ 14.92  Granted 156,165 $ 22.48  Vested (29,977) $ 16.52  Outstanding at December 31, 2018 204,730 $ 20.45  The Company recognized stock-based compensation expense relating to restricted stock and performance stock awards of $1.6 million, $0.5 million and $0.4 million for the three years ended December 31, 2018, 2017 and 2016, respectively. As of December 31, 2018, unamortized stock-based compensation expense relating to restricted stock and performance stock was $2.7 million, which will be recognized over the remaining average vesting period of 2.0 years. Stock-based compensation expense is recorded as a component of administrative expenses in the Company’s consolidated statements of income with a corresponding credit to additional paid-in capital in the Company’s consolidated balance sheets.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Income Taxes	(10) Income Taxes For the years ended December 31, 2018, 2017 and 2016, net income before income taxes and non-controlling interest consisted of the following (in thousands):    Year Ended December 31,  2018 2017 2016  U.S. operations $ (5,391) $ (2,080) $ 8,996  Foreign operations 86,874 59,279 882  $ 81,483 $ 57,199 $ 9,878  Income tax (benefit) expense attributable to income from operations consisted of (in thousands):     Year Ended December 31,  2018 2017 2016  Current  Federal $ 26 $ (531) $ 312  State 113 86 56  Foreign 282 531 2,338  421 86 2,706  Deferred  Federal 1,415 (19,304) 3,090  State (528) 3,172 238  Foreign 1,579 1,185 (2,190)  2,466 (14,947) 1,138  Income tax (benefit) expense $ 2,887 $ (14,861) $ 3,844  The reconciliations between the Company’s income tax expense and the amounts computed by applying the U.S. federal income tax rate of 21.0% for the year ended December 31, 2018 and 35.0% for the years ended December 31, 2017 and 2016 are as follows (in thousands):     Year Ended December 31,  2018 2017 2016  Computed expected tax expense $ 17,112 $ 20,020 $ 3,458  Increase (decrease) in income taxes resulting from:  Foreign tax differential (16,384) (19,032) (88)  State income tax expense, net of federal income tax benefit 25 191 310  Subpart F income 2,202 683 711  IRC Section 162(m) excess officer's compensation 172 - -  Non-deductible stock-based compensation 133 218 155  Excess tax benefit related to stock-based compensation (34) (1,858) -  Increase in uncertain tax positions 25 61 36  Adjustment for prior years (431) 1,894 -  Change in Federal tax rate - (16,945) -  Adjustment to contingent consideration - (429) (634)  Change in valuation allowance - - (15)  Other 67 336 (89)  $ 2,887 $ (14,861) $ 3,844 As of December 31, 2018, the Company had $149.9 million and $19.9 million of net operating loss (NOL) carry forwards available to offset future federal and state taxable income, respectively. The NOL carry forwards will begin to expire in 2035 and 2029 for federal and state income tax purposes, respectively . The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of December 31, 2018 and 2017 are presented below (in thousands):     Year Ended December 31,  2018 2017  Deferred tax assets:  Accounts receivable $ 144 $ 68  Accrued expenses and other current liabilities 743 886  Unearned revenue 51 198  Stock-based compensation 1,060 744  Other 62 89  Net operating loss carry forwards 37,464 34,758  Gross deferred tax assets 39,524 36,743  Valuation allowance - -  Net deferred tax assets 39,524 36,743   Deferred tax liabilities:  Depreciation and amortization 68,859 65,609  Foreign deferred tax liabilities 1,047 943  Intangible assets 1,425 1,734  Deferred subpart F income 6,512 4,310  Gross deferred tax liabilities 77,843 72,596  Net deferred tax liability $ 38,319 $ 35,853 The realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company’s management considers the projected future taxable income for making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are deductible, the Company’s management believes it is more likely than not the Company will realize the benefits of the deductible differences noted above. Deferred income taxes have not been provided on the undistributed earnings of foreign subsidiaries. As of December 31, 2018, the amount of such earnings totaled approximately $28.5 million. These earnings have been permanently reinvested and the Company does not plan to initiate any action that would precipitate the payment of income taxes thereon. The amount of income taxes that would have resulted had such earnings been repatriated is not practically determinable. The following table summarizes the activity related to the Company’s unrecognized tax benefits (in thousands):     Balance at January 1, 2017 $ 266  Increases related to current year tax positions 11  Balance at December 31, 2017 277  Increases related to current year tax positions 14  Balance at December 31, 2018 $ 291  The unrecognized tax benefits of approximately $ 0.3 million at December 31, 2018, if recognized, would reduce the Company’s effective tax rate. The Company accrued potential interest and penalties of less than $ 0.1 million related to unrecognized tax benefits for each of the years ended December 31, 2018 and 2017. The U.S. Tax Cuts and Job Act of 2017 (TCJA) was signed into law on December 22, 2017. The most significant effect of TCJA on the Company was the U.S. federal corporate tax rate reduction from 35% to 21%, which required re-measurement of the Company’s U.S. deferred income tax assets and liabilities as of December 31, 2017. As the Company was in an overall net deferred tax liability position, the corporate tax rate reduction resulted in a net tax benefit of $16.9 million in 2017. Other significant provisions of the TCJA that became effective in 2018 that may impact the Company’s income taxes are: the limitation on the deduction of interest expense in excess of 30 percent of adjusted taxable income; limitation on the utilization of net operating losses generated after fiscal year 2017 to 80 percent of taxable income; the taxation of global intangible low-taxed income of controlled foreign corporations; and limitation on the deduction for executive compensation. The Company’s tax returns, including the United States, California, New Jersey and South Carolina, are subject to examination by the tax authorities. The Company accrues for unrecognized tax benefits based upon its best estimate of the additional taxes, interest and penalties expected to be paid. These estimates are updated over time as more definitive information becomes available from taxing authorities, completion of tax audits, expiration of statute of limitations, or upon occurrence of other events. The Company does not believe the total amount of unrecognized tax benefit as of December 31, 2018 will increase or decrease significantly in the next twelve months. As of December 31, 2018, the statute of limitations for tax examinations in the United States has not expired for the years ended December 31, 201 5 through 201 7 . California, New Jersey and South Carolina have not expired for tax returns filed for the years ended December 31, 2014 through 201 7 . The Company was notified on May 1, 2017 that its 2015 U.S. federal income tax return was selected for examination. The examination was concluded on June 20, 2018 with no impact to tax expense.

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	12 Months Ended
	Dec. 31, 2018
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	(11) Fair Value of Financial Instruments The carrying amounts reported in the consolidated balance sheets for cash, accounts receivable and accounts payable approximate fair value because of the immediate or short-term maturity of these financial instruments. The Company’s asset-backed notes of $1,032.7 million and collateralized financing obligations of $ 107.2 million as of December 31, 2018 were estimated to have a fair value of approximately $1,024.7 million and $108.9 million, respectively, based on the fair value of estimated future payments calculated using prevailing interest rates. The fair value of these financial instruments would be categorized as Level 2 of the fair value hierarchy. Management believes that the balances of the Company’s revolving credit facilities of $ 597.2 million, variable-rate term loans totaling $ 223.4 million , fixed-rate term loans of $158.6 million, senior secured notes of $ 58.9 million and term loans held by VIE of $ 1.5 million approximate their fair values as of December 31, 2018. The fair value of these financial instruments would be categorized as Level 2 of the fair value hierarchy.

Commitments And Contingencies

Commitments And Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies [Abstract]
Commitments And Contingencies	(12) Commitments and Contingencies The Company utilizes certain office facilities and office equipment under non-cancelable operating lease agreements which generally have original terms of up to five years. Future minimum lease payments required under non-cancellable operating leases having an original term of more than one year as of December 31, 2018 are as follows (in thousands):      Office  Facilities  and  Equipment  Year ending December 31:  2019 $ 2,395  2020 801  2021 707  2022 530  2023 393  2024 and thereafter 78  $ 4,904  Office facility expense was $2.7 million, $2.0 million, and $ 1.7 million for the years ended December 31, 2018, 2017 and 2016 , respectively, which was included in administrative expenses in the consolidated statements of income. As of December 31, 2018 and 2017, the Company had one outstanding letter of credit of $0.1 million. The letter of credit guarantees the Company’s obligations under certain operating lease agreements. In addition to the rental equipment payable of $ 74.1 million, the Company had commitments to purchase approximately $9.4 million of containers and $64.4 million railcars as of December 31, 2018; all in the twelve months ended December 31, 2019.  In the ordinary course of business, the Company executes contracts involving indemnifications standard in the industry and indemnifications specific to a transaction such as an assignment and assumption agreement. These indemnifications might include claims related to tax matters, governmental regulations, and contractual relationships. Performance under these indemnities would generally be triggered by a breach of terms of a contract or by a third-party claim. The Company regularly evaluates the probability of having to incur costs associated with these indemnifications and as of December 31, 2018 there were no claims outstanding under such indemnifications and the Company believes that no claims are probable of occurring in the future.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	(13) Related Party Transactions In May 2018, the Company purchased, and subsequently cancelled, 1,225,214 shares of its common stock, from an affiliate of Andrew S. Ogawa in a privately-negotiated transaction. Mr. Ogawa is a member of the Company’s Board of Directors. The stock was purchased at a price of $22.81 per share, which represented a 2% discount to the closing price on the date of purchase.

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2018
Stockholders’ Equity [Abstract]
Stockholders’ Equity	(14) Stockholders’ Equity Common Stock At-the-Market (ATM) Offering Program In October 2017, the Company commenced an ATM offering program with respect to its common stock, which allows the Company to issue and sell up to 2.0 million shares of its common stock. During the year ended December 31, 2018, the Company issued 100,000 shares of common stock under the ATM offering program for net proceeds of $2.8 million. The Company paid commissions to the sales agent of $0.1 million in connection with the sales of common stock under this ATM offering program during the year ended December 31, 2018. The net proceeds were used for general corporate purposes. The Company has remaining capacity to issue up to approximately 1.0 million of additional shares of common stock under this ATM offering program.  Series A Preferred Stock Underwritten Offering In March 2018, the Company completed an underwritten public offering of 1,600,000 shares of its 8.5% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.0001 per share and liquidation preference $25.00 per share (Series A Preferred Stock), resulting in net proceeds to the Company of approximately $38.3 million, after deducting the underwriting discount and other offering expenses. In April 2018, the Company sold an additional 170,900 shares of Series A Preferred Stock upon the partial exercise by the underwriters of their option to purchase additional Series A Preferred Stock, resulting in net proceeds to the Company of approximately $4.1 million, after deducting the underwriting discount of $0.1 million. The net proceeds were used for repayment of debt and general corporate purposes. Dividends on the Series A Preferred Stock accrue daily and are cumulative from and including the date of original issuance and are payable quarterly in arrears on the 15th day of each April, July, October and January. Dividends accrue at the Fixed Dividend Rate (as defined in the certificate of designations for the Series A Preferred Stock (Series A Certificate of Designations)) at an annual rate of 8.5% of the $25.00 liquidation preference per annum from, and including, the date of original issuance to, but not including, April 15, 2023. On and after April 15, 2023, dividends on the Series A Preferred Stock shall accrue at an annual rate equal to the sum of (a) Three-Month LIBOR (as defined in the Series A Certificate of Designations) as calculated on each applicable date and (b) 5.82% of the $25.00 liquidation preference per share of Series A Preferred Stock. The Series A Preferred Stock ranks senior to the Company’s common stock with respect to dividend rights and rights upon the Company’s liquidation, dissolution or winding up.  The Series A Preferred Stock becomes redeemable by the Company beginning April 15, 2023 for cash at a redemption price of $25.00 per share of Series A Preferred Stock, plus accrued but unpaid dividends thereon to, but not including, the date fixed for redemption. In addition, upon the occurrence of a Change of Control (as defined in the Series A Certificate of Designations), subject to certain restrictions, the Company may, at its option, upon not less than thirty (30) days’ nor more than sixty (60) days’ written notice, redeem the Series A Preferred Stock, in whole or in part, within one hundred twenty (120) days after the first date on which such Change of Control occurred, for cash at a redemption price of $25.00 per share, plus any accumulated and unpaid dividends thereon to, but not including, the date fixed for redemption. There is no mandatory redemption of the Series A Preferred Stock or redemption at the option of the holders. Holders of the Series A Preferred Stock generally have no voting rights except for limited voting rights if the Company fails to pay dividends on the Series A Preferred Stock for six or more quarterly periods (whether or not consecutive) or the Company fails to maintain the listing of the Series A Preferred Stock on a National Exchange (as defined in the Series A Certificate of Designations) for a period of 180 consecutive days.  Series A Preferred Stock ATM Offering Program In May 2018, the Company commenced an ATM offering program with respect to its Series A Preferred Stock, which allows the Company to issue and sell up to 2.2 million shares of its Series A Preferred Stock. During the year ended December 31, 2018, the Company issued 428,710 shares of Series A Preferred Stock under the ATM offering program for net proceeds of $10.5 million. The Company paid commissions to the sales agent of $0.2 million in connection with the sales of Series A Preferred Stock under this ATM offering program during the year ended December 31, 2018. The net proceeds were used for repayment of debt and general corporate purposes. The Company has remaining capacity to issue up to approximately 1.8 million of additional shares of Series A Preferred Stock under this ATM offering program. Series B Preferred Stock Underwritten Offering In August 2018, the Company completed an underwritten public offering of 1,700,000 shares of its 8.5% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock, par value $0.0001 per share and liquidation preference $25.00 per share (Series B Preferred Stock), resulting in net proceeds to the Company of approximately $41.2 million, after deducting the underwriting discount, and other offering expenses. The Company sold an additional 255,000 shares of Series B Preferred Stock upon the exercise by the underwriters of their option to purchase additional Series B Preferred Stock, resulting in net proceeds to the Company of approximately $6.2 million, after deducting the underwriting discount of $0.2 million. The net proceeds were used for repayment of debt and general corporate purposes.  Dividends on the Series B Preferred Stock accrue daily and are cumulative from and including the date of original issuance and are payable quarterly in arrears on the 15th day of each January, April, July and October. Dividends accrue at the Fixed Dividend Rate (as defined in the Series B certificate of designations for the Series B Preferred Stock (Series B Certificate of Designations)) at an annual rate of 8.5% of the $25.00 liquidation preference per annum from, and including, the date of original issuance to, but not including, August 15, 2023. On and after August 15, 2023, dividends on the Series B Preferred Stock shall accrue at an annual rate equal to the sum of (a) Three-Month LIBOR (as defined in the Certificate of Designations) as calculated on each applicable date and (b) 5.69% of the $25.00 liquidation preference per share of Series B Preferred Stock. The Series B Preferred Stock ranks senior to the Company’s common stock with respect to dividend rights and rights upon the Company’s liquidation, dissolution or winding up. The Series B Preferred Stock becomes redeemable by the Company beginning August 15, 2023 for cash at a redemption price of $25.00 per share of Series B Preferred Stock, plus accrued but unpaid dividends thereon to, but not including, the date fixed for redemption. In addition, upon the occurrence of a Change of Control (as defined in the Series B Certificate of Designations), subject to certain restrictions, the Company may, at its option, upon not less than thirty (30) days’ nor more than sixty (60) days’ written notice, redeem the Series B Preferred Stock, in whole or in part, within one hundred twenty (120) days after the first date on which such Change of Control occurred, for cash at a redemption price of $25.00 per share, plus any accumulated and unpaid dividends thereon to, but not including, the date fixed for redemption. There is no mandatory redemption of the Series B Preferred Stock or redemption at the option of the holders. Holders of the Series B Preferred Stock generally have no voting rights except for limited voting rights if the Company fails to pay dividends on the Series B Preferred Stock for six or more quarterly periods (whether or not consecutive) or the Company fails to maintain the listing of the Series B Preferred Stock on a National Exchange (as defined in the Series B Certificate of Designations) for a period of 180 consecutive days. 

Segment And Geographic Informat

Segment And Geographic Information	12 Months Ended
	Dec. 31, 2018
Segment And Geographic Information [Abstract]
Segment And Geographic Information	(15) Segment and Geographic Information The Company organizes itself by the nature of the services it provides, which includes equipment leasing (consisting of container leasing and rail leasing) and logistics. The container leasing segment is aggregated with equipment management and derives its revenue from the ownership and leasing of containers and fees earned for managing container portfolios on behalf of third party investors. The rail leasing segment derives its revenue from the ownership and leasing of railcars. The logistics segment derives its revenue from the provision of logistics services. There are no inter-segment revenues. With the exception of administrative expenses, operating expenses are directly attributable to each segment. Administrative expenses that are not directly attributable to a segment are allocated to the segments based upon relative asset values or revenue. The following tables show condensed segment information for the years ended December 31, 2018, 2017 and 2016, reconciled to the Company’s income before income taxes and non-controlling interest as shown in its consolidated statements of income for such periods (in thousands):    Year Ended December 31, 2018  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 284,924 $ - $ - $ 284,924  Rail lease revenue - 35,703 - 35,703  Logistics revenue - - 111,471 111,471  Total revenue 284,924 35,703 111,471 432,098  Depreciation of rental equipment 107,109 14,189 - 121,298  Storage, handling and other expenses 8,853 5,692 - 14,545  Logistics transportation costs - - 97,170 97,170  Gain on sale of used rental equipment (9,886) (1,839) - (11,725)  Administrative expenses 27,560 5,297 17,448 50,305  Total operating expenses 133,636 23,339 114,618 271,593  Operating income (loss) 151,288 12,364 (3,147) 160,505  Net interest expense 62,572 15,773 - 78,345  Other expense 677 - - 677  Total other expenses 63,249 15,773 - 79,022  Income (loss) before income taxes $ 88,039 $ (3,409) $ (3,147) $ 81,483  Goodwill $ - $ - $ 15,794 $ 15,794  Total assets $ 2,506,279 $ 460,387 $ 45,951 $ 3,012,617  Purchase of rental equipment (1) $ 739,944 $ 72,077 $ - $ 812,021     Year Ended December 31, 2017  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 235,365 $ - $ - $ 235,365  Rail lease revenue - 32,476 - 32,476  Logistics revenue - - 80,552 80,552  Total revenue 235,365 32,476 80,552 348,393  Depreciation of rental equipment 99,753 11,199 - 110,952  Storage, handling and other expenses 15,207 5,615 96 20,918  Logistics transportation costs - - 68,155 68,155  Gain on sale of used rental equipment (5,333) (14) - (5,347)  Administrative expenses 22,925 4,756 15,018 42,699  Total operating expenses 132,552 21,556 83,269 237,377  Operating income (loss) 102,813 10,920 (2,717) 111,016  Net interest expense 41,815 11,237 - 53,052  Other expense 765 - - 765  Total other expenses 42,580 11,237 - 53,817  Income (loss) before income taxes $ 60,233 $ (317) $ (2,717) $ 57,199  Goodwill $ - $ - $ 15,794 $ 15,794  Total assets $ 1,938,723 $ 449,376 $ 40,029 $ 2,428,128  Purchase of rental equipment (1) $ 445,168 $ 56,882 $ - $ 502,050     Year Ended December 31, 2016  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 202,328 $ - $ - $ 202,328  Rail lease revenue - 30,490 - 30,490  Logistics revenue - - 61,536 61,536  Total revenue 202,328 30,490 61,536 294,354  Depreciation of rental equipment 95,755 9,122 - 104,877  Storage, handling and other expenses 32,465 3,386 11 35,862  Logistics transportation costs - - 51,980 51,980  Loss (gain) on sale of used rental equipment 12,750 33 (112) 12,671  Administrative expenses 20,453 3,759 11,466 35,678  Total operating expenses 161,423 16,300 63,345 241,068  Operating income (loss) 40,905 14,190 (1,809) 53,286  Net interest expense 35,784 6,970 - 42,754  Other expense 654 - - 654  Total other expenses 36,438 6,970 - 43,408  Income (loss) before income taxes and non-controlling interest $ 4,467 $ 7,220 $ (1,809) $ 9,878  Purchase of rental equipment (1) $ 118,374 $ 132,791 $ - $ 251,165  (1) Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indic ated .  Geographic Data The Company earns its revenue primarily from intermodal containers which are deployed by its customers in a wide variety of global trade routes. Virtually all of the Company’s containers are used internationally and typically no container is domiciled in one particular place for a prolonged period of time. As such, substantially all of the Company’s long-lived assets are considered to be international, with no single country of use. The Company’s railcars, with a net book value of $ 448.5 million as of December 31, 2018, are used to transport cargo within North America. The following table represents the geographic allocation of revenue for the periods indicated based on customers’ primary domicile (in thousands):     Year Ended December 31,  2018 2017 2016  United States $ 154,427 $ 120,558 $ 99,824  Switzerland 50,805 32,430 19,636  France 37,565 34,862 29,273  Korea 31,877 20,755 14,904  Singapore 26,854 19,856 16,172  Other Asia 67,695 64,097 63,190  Other Europe 54,677 45,176 40,170  Other International 8,198 10,659 11,185  Total revenue $ 432,098 $ 348,393 $ 294,354

Concentration Of Credit Risk

Concentration Of Credit Risk	12 Months Ended
	Dec. 31, 2018
Concentration Of Credit Risk [Abstract]
Concentration Of Credit Risk	(16) Concentration of Credit Risk The Company’s single largest container lessee accounted for 11.8% , or $58.0 million, 9.7% , or $34.7 million, and 6.9% or $20.6 million, of total billings for the years ended December 31, 2018, 2017 and 2016, respectively , and accounted for 6% of its accounts receivable as of December 31, 2018 and 2017 . The Company’s second largest container lessee accounted for 8.4% , or $41.3 million, 10.5% , or $37.5 million, and 10.6 % , or $ 31.7 million , of total billings for the years ended December 31, 2018, 2017 and 2016, respectively, and accounted for 15% and 9% of its accounts receivable as of December 31, 2018 and 2017, respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	(17) Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock; however, potential common equivalent shares are excluded if their effect is anti-dilutive. The following table sets forth the reconciliation of basic and diluted net income per share for the years ended December 31, 2018, 2017 and 2016 (in thousands, except per share data):     Year Ended December 31,  2018 2017 2016  Numerator  Net income attributable to CAI common stockholders $ 73,472 $ 72,060 $ 5,997  Denominator  Weighted-average shares used in per share computation - basic 19,562 19,253 19,318  Effect of dilutive securities:  Stock options and restricted stock 260 354 75  Weighted-average shares used in per share computation - diluted 19,822 19,607 19,393   Net income per share attributable to CAI common stockholders:  Basic $ 3.76 $ 3.74 $ 0.31  Diluted $ 3.71 $ 3.68 $ 0.31  The calculation of diluted earnings per share for the years ended December 31, 2018, 2017 and 2016, excluded from the denominator 160,163 shares, 458,857 shares and 1,135,711 shares, respectively, of common stock options because their effect would have been anti-dilutive.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	(18) Subsequent Events On February 26, 2019, the Company entered into an agreement to sell 2,146 railcars. The sale of 1,946 railcars for consideration of $165.3 million was completed in February 2019; the sale of the remaining 200 railcars, which are currently being manufactured, for consideration of approximately $32.0 million is expected to complete in the second quarter of 2019.

Selected Quarterly Financial Da

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2018
Selected Quarterly Financial Data [Abstract]
Selected Quarterly Financial Data	(19) Selected Quarterly Financial Data (Unaudited) The following table sets forth key interim financial information for the years ended December 31, 2018 and 2017 (in thousands, except per share amount):     2018 Quarters Ended 2017 Quarters Ended  Dec. 31 Sept. 30 June 30 Mar. 31 Dec. 31 Sept. 30 June 30 Mar. 31  Revenue $ 115,567 $ 115,452 $ 105,705 $ 95,374 $ 94,034 $ 90,161 $ 82,692 $ 81,506  Operating expenses 72,578 72,571 65,786 60,658 57,631 58,267 57,924 63,555  Operating income 42,989 42,881 39,919 34,716 36,403 31,894 24,768 17,951  Net income attributable to  CAI common stockholders 17,200 20,006 19,149 17,117 36,563 17,587 12,638 5,272   Net income per share attributable  to CAI common stockholders:  Basic $ 0.90 $ 1.04 $ 0.98 $ 0.84 $ 1.86 $ 0.92 $ 0.66 $ 0.28  Diluted $ 0.89 $ 1.03 $ 0.97 $ 0.83 $ 1.81 $ 0.90 $ 0.65 $ 0.27

Schedule II Valuation Accounts

Schedule II Valuation Accounts	12 Months Ended
	Dec. 31, 2018
Schedule II Valuation Accounts [Abstract]
Schedule II Valuation Accounts	 Schedule II Valuation Accounts (In thousands)     Balance at Balance at  Beginning Net Additions (Deductions)/ End of  of Period to Expense Recoveries* Period  December 31, 2016  Accounts receivable, allowance for doubtful accounts $ 548 $ 3,151 $ (2,359) $ 1,340  December 31, 2017  Accounts receivable, allowance for doubtful accounts $ 1,340 $ 402 $ (302) $ 1,440  December 31, 2018  Accounts receivable, allowance for doubtful accounts $ 1,440 $ 492 $ 110 $ 2,042  * Primarily consists of write-offs, net of recoveries and other adjustments

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements (Policy)	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09), which supersedes previous revenue recognition guidance. Leasing revenue recognition is specifically excluded, and therefore, the new standard is only applicable to the Company’s logistics services agreements, management services agreements, and the sale of used rental equipment. The new standard defines a five-step process to achieve the core principle of ASU 2014-09, which is to recognize revenue when promised goods or services are transferred to customers in amounts that reflect the consideration the Company expects to receive in exchange for those goods or services. The Company adopted ASU 2014-09 effective January 1, 2018, which did not have a material impact on the Company’s consolidated financial statements and related disclosures. See Note 2( l ) for further details.  In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (ASU 2016-15), which clarifies the classification of certain cash receipts and cash payments in the statement of cash flows, including debt prepayment or extinguishment costs, settlement of contingent consideration arising from a business combination and insurance settlement proceeds. The Company adopted ASU 2016-15 effective January 1, 2018, which did not result in any changes to the presentation of amounts shown on the Company’s consolidated statements of cash flows for all periods presented.  In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (ASU 2016-18), that requires the inclusion of restricted cash and restricted cash equivalents with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The Company adopted ASU 2016-18 effective January 1, 2018, which resulted in the inclusion of the Company’s restricted cash balances along with cash in the Company’s consolidated statements of cash flows and separate line items showing changes in restricted cash balances were eliminated from the Company’s consolidated statements of cash flows. ASU 2016-18 was applied retrospectively to all periods presented.
Principles Of Consolidation	(a) Principles of Consolidation The consolidated financial statements include the financial statements of CAI International, Inc., its wholly-owned subsidiaries, and its previously 80% -owned subsidiary, CAIJ, Inc., up to its date of disposal in April 2016. All significant intercompany balances and transactions have been eliminated in consolidation. The Company regularly performs a review of its container fund arrangements with investors to determine whether or not it has a variable interest in the fund and if the fund is a variable interest entity (VIE). If it is determined that the Company does not have a variable interest in the fund, further analysis is not required and the Company does not consolidate the fund. If it is determined that the Company does have a variable interest in the fund and the fund is a VIE, further analysis is performed to determine if the Company is a primary beneficiary of the VIE and meets both of the following criteria under Financial Account ing Standards Board (FASB) Accounting Standards Codification ( ASC) Topic 810, Consolidation :  it has the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and  it has the obligation to absorb losses of the VIE that could be potentially significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. If in the Company’s judgment both of the above criteria are met, the VIE’s financial statements are included in the Company’s consolidated financial statements as required under FASB ASC Topic 810, Consolidation (see Note 3).
Use Of Estimates	(b) Use of Estimates Certain estimates and assumptions were made by the Company’s management that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include revenue recognition, allowances for receivables, the carrying amount of rental equipment, the residual values and lives of rental equipment, and income tax uncertainties. Actual results could differ from those estimates.
Rental Equipment	( c ) Rental equipment Container The Company purchases new container equipment from manufacturers to lease to its customers. The Company also purchases used container equipment through sale-leaseback transactions with its customers, or equipment that was previously owned by one of the Company's third-party investors. Used equipment is typically purchased with an existing lease in place. Container rental equipment is recorded at original cost and depreciated to an estimated residual value on a straight-line basis over its estimated useful life. The estimated useful lives and residual values of the Company’s container equipment are based on historical disposal experience and the Company’s expectations for future used container sale prices. Depreciation estimates are reviewed on a regular basis to determine whether sustained changes have taken place in the useful lives of equipment or the assigned residual values, which would suggest that a change in depreciation estimates is warranted. The estimated useful lives and residual values for the majority of the Company's container equipment purchased new from the factory are as follows:     Depreciable  Residual Value Life in Years  20-ft. standard dry van container $ 1,050 13.0  40-ft. standard dry van container $ 1,300 13.0  40-ft. high cube dry van container $ 1,400 13.0  20-ft. refrigerated container $ 2,750 12.0  40-ft. high cube refrigerated container $ 3,500 12.0  Other specialized equipment is depreciated to its estimated residual value, which ranges from $1,000 to $3,500 , over its estimated useful life of between 12.5 years and 15 years. For used container equipment acquired through sale-leaseback transactions, the Company often adjust s its estimates for remaining useful life and residual values based on current conditions in the sale market for older containers and its expectations for how long the equipment will remain on-hire to the current lessee. Rail Railcar equipment is recorded at original cost and depreciated over its estimated useful life of 43 years to its estimated residual value of $8,700 using the straight-line method. The useful life is based on an estimate of the period over which the asset will generate revenue for the Company. Residual value is based on the average estimated scrap value of the Company’s railcars. The Company periodically reviews the appropriateness of its estimates of useful life and residual value based on changes in economic circumstances and other factors. The Company’s railcars may undergo refurbishment and upgrade programs to, for example, extend their useful life, meet higher car classification grades, enter new product or service segments, increase the tonnage carried, or to achieve higher utilization. The costs for these programs are capitalized. Normal repairs and maintenance associated with the Company’s railcar assets are expensed as incurred.
Impairment Of Long-Lived Assets	 ( d ) Impairment of Long-Lived Assets On at least an annual basis, the Company evaluates its rental equipment fleet to determine whether there have been any events or changes in circumstances indicating that the carrying amount of all, or part, of its fleet may not be recoverable. Events which would trigger an impairment review include, among others, a significant decrease in the long-term average market value of rental equipment, a significant decrease in the utilization rate of rental equipment resulting in an inability to generate income from operations and positive cash flow in future periods, or a change in market conditions resulting in a significant decrease in lease rates. When testing for impairment, equipment is generally grouped by equipment type, and is tested separately from other groups of assets and liabilities. Potential impairment exists when the estimated future undiscounted cash flows generated by an asset group, comprised of lease proceeds and residual values, less related operating expenses, are less than the carrying value of that asset group. If potential impairment exists, the equipment is written down to its fair value. In determining the fair value of an asset group, the Company considers market trends, published value for similar assets, recent transactions of similar assets and in certain cases, quotes from third party appraisers. No impairment charges were recorded in 2018, 2017 and 2016.
Intangible Assets	( e ) Intangible Assets Intangible assets with definite useful lives are reviewed for impairment whenever events or changes in circumstances indicate an asset’s carrying value may not be recoverable. The Company amortizes intangible assets on a straight-line basis over their estimated useful lives as follows:   Trademarks and tradenames 2 - 3 years Customer relationships 5 - 8 years 
Goodwill	( f ) Goodwill In connection with acquisitions made in 2015 and 2016 , the Company recorded $15.8 million of goodwill. Goodwill represents the excess of the purchase price over the fair value of the net assets acquired in a business combination. Goodwill is not amortized but is evaluated for impairment at the reporting unit level annually, or more frequently if events or changes in circumstances indicate that impairment may exist. The Company assesses qualitative factors such as industry and market considerations, overall financial performance and other relevant events and factors affecting a reporting unit to determine if it is more likely than not that impairment may exist and whether it is necessary to perform the quantitative goodwill impairment test. This involves comparing the fair value to the carrying value of each reporting unit that has goodwill assigned to it. The Company recognizes an impairment charge for the amount by which the carrying value of the reporting unit exceeds the fair value. The Company performed the annual impairment test during the fourth quarter of 201 8 and concluded that there was no impairment of goodwill.
Direct Finance Leases	( g ) Direct Finance Leases Interest on finance leases is recognized using the effective interest method. Lease income is recorded in decreasing amounts over the term of the contract, resulting in a level rate of return on the net investment in direct finance leases.
Debt Issuance Costs	( h ) Debt Issuance Costs To the extent that the Company is required to pay issuance fees or direct costs relating to its debt and credit facilities, such fees are amortized over the lives of the related debt using the effective interest method and reflected in interest expense. Unamortized debt issuance costs of $20.4 million and $11.7 million are presented as a reduction of debt on the Company’s consolidated balance sheets as of December 31, 2018 and 2017, respectively.
Foreign Currency Translation	( i ) Foreign Currency Translation The accounts of the Company’s foreign subsidiaries have been converted at rates of exchange in effect at year-end for balance sheet accounts and average exchange rates for the year for income statement accounts. The effects of changes in exchange rates in translating foreign subsidiaries’ financial statements are included in stockholders’ equity as accumulated other comprehensive income.
Accounts Receivable	( j ) Accounts Receivable Amounts billed under leases for equipment owned by the Company, as well as amounts due from customers for the provision of logistics services, are recorded in accounts receivable. The Company estimates an allowance for doubtful accounts for accounts receivable it does not consider fully collectible. The allowance for doubtful accounts is developed based on two components: (1) specific reserves for receivables for which management believes full collection is doubtful; and (2) a general reserve for estimated losses inherent in the receivables. The general reserve is estimated by applying certain percentages to receivables that have not been specifically reserved, ranging from 1.0% on accounts that are one to thirty days overdue, to 100% on accounts that are one year or more overdue. The allowance for doubtful accounts is reviewed regularly by management and is based on the risk profile of the receivables, credit quality indicators such as the level of past due amounts and non-performing accounts and economic conditions. Changes in economic conditions or other events may necessitate additions or deductions to the allowance for doubtful accounts. The allowance is intended to provide for losses inherent in the company’s accounts receivable, and requires the application of estimates and judgments as to the outcome of collection efforts and the realization of collateral, among other things.
Income Taxes	( k ) Income Taxes Income taxes are accounted for using the asset-and-liability method. Under this method, deferred income taxes are recognized for the future tax consequences of differences between the tax bases of assets and liabilities and their financial reporting amounts at each year-end. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that deferred tax assets will not be recovered. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records penalties and interest related to unrecognized tax benefits within income tax expense (see Note 10).
Revenue Recognition	( l ) Revenue Recognition The Company provides a range of services to its customers incorporating the rental, sale and management of equipment and the provision of logistics services. Revenue for all forms of service is recognized when earned following the guidelines under FASB ASC Topic 606, Revenue Recognition and FASB ASC Topic 840, Leases . Revenue is reported net of any related sales tax. Container and Rail Lease Revenue The Company recognizes revenue from operating leases of its owned equipment as earned over the term of the lease. Where minimum lease payments vary over the lease term, revenue is recognized on a straight-line basis over the term of the lease. The Company recognizes revenue on a cash basis for certain railcar leases that are billed on an hourly or mileage basis through a third-party railcar manager. Early termination of the rental contracts subjects the lessee to a penalty, which is included in lease revenue upon such termination. Finance lease income is recognized using the effective interest method, which generates a constant rate of interest over the period of the lease. Included in lease revenue is revenue consisting primarily of fees charged to the lessee for handling, delivery, and repairs, which are recognized as earned. Also included in lease revenue is revenue from management fees earned under equipment management agreements. Management fees are generally calculated as a percentage of the monthly net operating income for an investor’s portfolio and recognized as revenue in the month of service. Logistics Revenue The Company’s logistics business derives its revenue from three principal sources: (1) truck brokerage services, (2) intermodal transportation services, and (3) international ocean freight and freight forwarding services. For truck brokerage services, which typically involve a short transit time, revenue is recognized when delivery has been completed due to lack of reliable information to reasonably measure progress toward complete satisfaction of the performance obligation. For intermodal transportation services, which can take a longer time to complete, revenue is recognized over time by measuring progress toward complete satisfaction of the performance obligation, utilizing input methods. For any such services not completed as of the end of a reporting period, a percentage of completion method based on costs incurred to date is used to allocate the appropriate revenue to each separate reporting period. The Company provides international freight forwarding services as an indirect carrier, sometimes referred to as a Non-Vessel Operating Common Carrier. Due to the lack of reliable information to reasonably measure progress toward complete satisfaction of the performance obligation, revenue for these shipments is recognized at the time the freight departs the terminal of origin, which is when the customer is billed and the Company has no further obligation to the customer. The Company reports logistics revenue on a gross basis as it is primarily responsible for fulfilling the promise to provide the specified service desired by the customers and has discretion in establishing the price for the specified service. Unearned Revenue The Company records unearned revenue when cash payments are received in advance of the Company satisfying its performance obligations. Payment terms vary by customer and type of service. The term between invoicing and when payment is due is not significant. For certain customers or services, the Company may require payment before the services are delivered or performed for the customer. Practical Expedients The Company expenses sales commissions when incurred because the period of amortization would have been one year or less. These costs are recorded within administrative expenses. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts with variable consideration for a distinct good or service that forms part of a single performance obligation.
Stock-Based Compensation	( m ) Stock-Based Compensation The Company has granted stock options and restricted stock to certain directors and employees under its 2007 Equity Incentive Plan. The Company accounts for stock-based compensation in accordance with FASB ASC Topic 718, Compensation – Stock Compensation , which requires that compensation cost related to stock-based compensation be recognized in the financial statements. The cost is measured at the date the award is granted based on the fair value of the award. The fair value of stock options is calculated using the Black-Scholes-Merton option pricing model. The stock-based compensation expense is recognized over the vesting period of the grant on a straight-line basis (see Note 11). The company accounts for forfeitures as they occur.
Repairs And Maintenance	 ( n ) Repairs and Maintenance The Company’s leases generally require the lessee to pay for any damage to the equipment beyond normal wear and tear at the end of the lease term. The Company accounts for repairs and maintenance expense on an accrual basis when an obligation to pay has been incurred.

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements (Tables)	12 Months Ended
	Dec. 31, 2018
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Abstract]
Schedule Of Rental Equipment Useful Lives and Residual Value	   Depreciable  Residual Value Life in Years  20-ft. standard dry van container $ 1,050 13.0  40-ft. standard dry van container $ 1,300 13.0  40-ft. high cube dry van container $ 1,400 13.0  20-ft. refrigerated container $ 2,750 12.0  40-ft. high cube refrigerated container $ 3,500 12.0 
Schedule Of Estimated Useful Lives	  Trademarks and tradenames 2 - 3 years Customer relationships 5 - 8 years 

Rental Equipment (Tables)

Rental Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Rental Equipment [Abstract]
Schedule Of Rental Equipment	  December 31, December 31,  2018 2017  Dry containers $ 1,840,304 $ 1,533,063  Refrigerated containers 341,983 345,744  Other specialized equipment 192,035 160,529  Railcars 490,381 471,171  2,864,703 2,510,507  Accumulated depreciation (599,443) (505,546)  Rental equipment, net of accumulated depreciation $ 2,265,260 $ 2,004,961 

Net Investment In Direct Fina_2

Net Investment In Direct Finance Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Net Investment In Direct Finance Leases [Abstract]
Components Of Net Investment In Direct Finance Leases	   December 31, December 31,  2018 2017  Gross finance lease receivables (1) $ 804,511 $ 412,489  Unearned income (2) (254,744) (135,976)  Net investment in direct finance leases $ 549,767 $ 276,513 (1) At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received. There was $74.4 million and $34.4 million unguaranteed residual value at December 31, 2018 and 2017, respectively, included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of December 31, 2018 and 2017.  (2) The difference between the gross finance lease receivables and the cost of the equipment or carrying amount at the lease inception is recorded as unearned income. Unearned income, together with initial direct costs, are amortized to income over the lease term so as to produce a constant periodic rate of return. There were no unamortized initial direct costs as of December 31, 2018 and 2017. 
Gross Finance Lease Receivables By Customer Categories	   December 31, December 31,  2018 2017  Tier 1 $ 698,014 $ 366,629  Tier 2 106,497 45,860  Tier 3 - -  $ 804,511 $ 412,489 
Contractual Maturities Of Gross Finance Lease Receivables	   2019 $ 117,719  2020 88,634  2021 85,339  2022 78,496  2023 73,260  2024 and thereafter 361,063  $ 804,511 

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible Assets [Abstract]
Schedule Of Intangible Assets	   Gross Carrying Amount Accumulated Amortization Net Carrying Amount  December 31, 2018  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (3,611) 5,733  $ 11,130 $ (5,397) $ 5,733  December 31, 2017  Trademarks and tradenames $ 1,786 $ (1,411) $ 375  Customer relationships 9,344 (1,996) 7,348  $ 11,130 $ (3,407) $ 7,723 
Schedule Of Estimated Future Amortization Expenses	   2019 $ 1,609  2020 1,609  2021 1,516  2022 474  2023 457  2024 and thereafter 68  $ 5,733 

Equipment Leases (Tables)

Equipment Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Equipment Leases [Abstract]
Schedule Of Future Minimum Rents Receivable	   2019 $ 184,978  2020 152,927  2021 129,361  2022 107,776  2023 71,762  2024 and thereafter 108,714  $ 755,518 

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule Of Debt	   December 31, 2018 December 31, 2017  Outstanding Average Outstanding Average  Reference Current Long-term Interest Current Long-term Interest Maturity  (a)(i) Revolving credit facility $ 4,200 $ 301,000 4.2% $ - $ 528,000 3.2% June 2023  (a)(ii) Revolving credit facility - Rail - 272,500 4.2% - 272,000 3.2% October 2023  (a)(iii) Revolving credit facility - Euro - 19,457 2.0% - 14,736 2.0% September 2020  (b)(i) Term loan 1,800 27,300 4.5% 21,900 - 3.4% April 2023  (b)(ii) Term loan 111,750 - 3.8% 9,000 111,750 3.1% October 2019  (b)(iii) Term loan 7,000 75,500 4.0% 7,000 82,500 3.3% June 2021  (b)(iv) Term loan 1,240 15,284 3.4% 1,198 16,524 3.4% December 2020  (b)(v) Term loan 2,909 40,651 3.6% 2,805 43,560 3.6% August 2021  (b)(vi) Term loan 6,000 92,500 4.6% - - - October 2023  (c) Senior secured notes 6,110 52,775 4.9% 6,110 58,885 4.9% September 2022  (d)(i) Asset-backed notes 2012-1 17,100 48,450 3.5% 17,100 65,550 3.5% October 2027  (d)(ii) Asset-backed notes 2013-1 22,900 74,425 3.4% 22,900 97,325 3.4% March 2028  (d)(iii) Asset-backed notes 2017-1 25,307 189,802 3.7% 25,307 215,109 3.7% June 2042  (d)(iv) Asset-backed notes 2018-1 34,890 284,935 4.0% - - - February 2043  (d)(v) Asset-backed notes 2018-2 34,350 300,563 4.4% - - - September 2043  (e) Collateralized financing obligations 39,610 67,615 1.2% 22,549 69,441 1.2% December 2021  (f) Term loans held by VIE 1,456 - 3.3% - 3,286 2.7% June 2019  316,622 1,862,757 135,869 1,578,666  Debt issuance costs (5,241) (15,124) (3,820) (7,893)  Total Debt $ 311,381 $ 1,847,633 $ 132,049 $ 1,570,773 
Senior Secured Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 8,921  2020 8,621  2021 8,322  2022 42,467  68,331  Less: Amount representing interest (9,446)  Senior secured notes $ 58,885 
Collateralized Financing Obligations [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 40,784  2020 22,084  2021 36,414  2022 10,147  109,429  Less: Amount representing interest (2,204)  Collateralized financing obligations $ 107,225 
Development Bank of Japan [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 3,086  2020 3,005  2021 2,924  2022 2,842  2023 22,391  34,248  Less: Amount representing interest (5,148)  Term loan $ 29,100 
Consortium of Banks, Note Dated April 11, 2012 [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 10,459  2020 10,165  2021 69,953  90,577  Less: Amount representing interest (8,077)  Term loan $ 82,500 
CAI Rail [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	  2019 $ 1,793  2020 15,793  17,586  Less: Amount representing interest (1,062)  Term loan $ 16,524 
Consortium Of Banks Note Dated August 30 2016 [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 4,441  2020 4,441  2021 38,524  47,406  Less: Amount representing interest (3,846)  Term loan $ 43,560 
Consortium of Banks, Note Dated October 1, 2014 [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 115,275  115,275  Less: Amount representing interest (3,525)  Term loan $ 111,750 
Loan Agreement With Bank $100.0 Million [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 10,396  2020 10,122  2021 9,848  2022 9,574  2023 77,266  117,206  Less: Amount representing interest (18,706)  Term loan $ 98,500 
Series 2012-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 19,103  2020 18,509  2021 17,916  2022 14,477  70,005  Less: Amount representing interest (4,455)  Asset-backed notes $ 65,550 
Series 2013-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 25,809  2020 25,042  2021 24,274  2022 23,507  2023 5,757  104,389  Less: Amount representing interest (7,064)  Asset-backed notes $ 97,325 
Series 2017-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 32,770  2020 31,842  2021 30,914  2022 29,986  2023 29,058  2024 and thereafter 94,394  248,964  Less: Amount representing interest (33,855)  Asset-backed notes $ 215,109 
Series 2018-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 47,045  2020 45,650  2021 44,254  2022 42,858  2023 41,462  2024 and thereafter 157,734  379,003  Less: Amount representing interest (59,178)  Asset-backed notes $ 319,825 
Series 2018-2 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 48,300  2020 46,799  2021 45,297  2022 43,796  2023 42,295  2024 and thereafter 180,397  406,884  Less: Amount representing interest (71,971)  Asset-backed notes $ 334,913 
Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member]
Schedule Of Maturities Of Long-Term Debt	   2019 $ 1,486  1,486  Less: Amount representing interest (30)  Term loans held by VIE $ 1,456 

Stock-Based Compensation Plan (

Stock-Based Compensation Plan (Tables)	12 Months Ended
	Dec. 31, 2018
Stock-Based Compensation Plan [Abstract]
Summary Of Stock Option Activities	   Weighted  Average  Weighted Remaining Aggregate  Average Contractual Intrinsic  Number of Exercise Term Value  Shares Price (in years) (in thousands)  Options outstanding, December 31, 2015 1,189,255 $ 18.08  Options granted 245,000 $ 7.87  Options forfeited/cancelled (6,000) $ 21.99  Options outstanding, December 31, 2016 1,428,255 $ 16.31  Options granted 230,500 $ 16.80  Options exercised (799,195) $ 16.31  Options outstanding, December 31, 2017 859,560 $ 16.44  Options granted - $ -  Options exercised (9,393) $ 14.76  Options outstanding, December 31, 2018 850,167 $ 16.46 5.9 $ 5,936  Options exercisable at December 31, 2018 657,471 $ 17.38 5.3 $ 4,028  Expected to vest after December 31, 2018 192,696 $ 13.33 7.7 $ 1,907 
Summary Of Fair Value Weighted Average Assumptions	   2017 2016  Stock price $ 16.80 $ 7.87  Exercise price $ 16.80 $ 7.87   Expected term (years) 5.5 - 6.25 5.5 - 6.25  Expected volatility (%) 56.4 - 57.5 45.4 - 46.7  Risk-free interest rate (%) 1.77 - 2.14 1.30 - 1.40  Dividend yield (%) - - 
Summary Of Restricted Stock and Performance Stock Activity	   Weighted  Average  Number of Grant Date  Shares Fair Value  Outstanding at December 31, 2015 48,025 $ 22.70  Granted 34,500 $ 7.87  Vested (14,379) $ 23.61  Forfeited (2,344) $ 21.96  Outstanding at December 31, 2016 65,802 $ 14.75  Granted 37,414 $ 17.14  Vested (24,674) $ 17.83  Outstanding at December 31, 2017 78,542 $ 14.92  Granted 156,165 $ 22.48  Vested (29,977) $ 16.52  Outstanding at December 31, 2018 204,730 $ 20.45 

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Taxes [Abstract]
Schedule Of Net Income Before Income Taxes And Non-Controlling Interest	   Year Ended December 31,  2018 2017 2016  U.S. operations $ (5,391) $ (2,080) $ 8,996  Foreign operations 86,874 59,279 882  $ 81,483 $ 57,199 $ 9,878 
Schedule Of Income Tax Expense (Benefit)	   Year Ended December 31,  2018 2017 2016  Current  Federal $ 26 $ (531) $ 312  State 113 86 56  Foreign 282 531 2,338  421 86 2,706  Deferred  Federal 1,415 (19,304) 3,090  State (528) 3,172 238  Foreign 1,579 1,185 (2,190)  2,466 (14,947) 1,138  Income tax (benefit) expense $ 2,887 $ (14,861) $ 3,844 
Schedule Of Effective Income Tax Rate Reconciliation	   Year Ended December 31,  2018 2017 2016  Computed expected tax expense $ 17,112 $ 20,020 $ 3,458  Increase (decrease) in income taxes resulting from:  Foreign tax differential (16,384) (19,032) (88)  State income tax expense, net of federal income tax benefit 25 191 310  Subpart F income 2,202 683 711  IRC Section 162(m) excess officer's compensation 172 - -  Non-deductible stock-based compensation 133 218 155  Excess tax benefit related to stock-based compensation (34) (1,858) -  Increase in uncertain tax positions 25 61 36  Adjustment for prior years (431) 1,894 -  Change in Federal tax rate - (16,945) -  Adjustment to contingent consideration - (429) (634)  Change in valuation allowance - - (15)  Other 67 336 (89)  $ 2,887 $ (14,861) $ 3,844 
Schedule Of Deferred Tax Assets And Deferred Tax Liabilities	   Year Ended December 31,  2018 2017  Deferred tax assets:  Accounts receivable $ 144 $ 68  Accrued expenses and other current liabilities 743 886  Unearned revenue 51 198  Stock-based compensation 1,060 744  Other 62 89  Net operating loss carry forwards 37,464 34,758  Gross deferred tax assets 39,524 36,743  Valuation allowance - -  Net deferred tax assets 39,524 36,743   Deferred tax liabilities:  Depreciation and amortization 68,859 65,609  Foreign deferred tax liabilities 1,047 943  Intangible assets 1,425 1,734  Deferred subpart F income 6,512 4,310  Gross deferred tax liabilities 77,843 72,596  Net deferred tax liability $ 38,319 $ 35,853 
Schedule Of Unrecognized Tax Benefits	   Balance at January 1, 2017 $ 266  Increases related to current year tax positions 11  Balance at December 31, 2017 277  Increases related to current year tax positions 14  Balance at December 31, 2018 $ 291 

Commitments And Contingencies (

Commitments And Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies [Abstract]
Schedule Of Future Minimum Lease Payments	   Office  Facilities  and  Equipment  Year ending December 31:  2019 $ 2,395  2020 801  2021 707  2022 530  2023 393  2024 and thereafter 78  $ 4,904 

Segment And Geographic Inform_2

Segment And Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment And Geographic Information [Abstract]
Schedule Of Segment Information	  Year Ended December 31, 2018  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 284,924 $ - $ - $ 284,924  Rail lease revenue - 35,703 - 35,703  Logistics revenue - - 111,471 111,471  Total revenue 284,924 35,703 111,471 432,098  Depreciation of rental equipment 107,109 14,189 - 121,298  Storage, handling and other expenses 8,853 5,692 - 14,545  Logistics transportation costs - - 97,170 97,170  Gain on sale of used rental equipment (9,886) (1,839) - (11,725)  Administrative expenses 27,560 5,297 17,448 50,305  Total operating expenses 133,636 23,339 114,618 271,593  Operating income (loss) 151,288 12,364 (3,147) 160,505  Net interest expense 62,572 15,773 - 78,345  Other expense 677 - - 677  Total other expenses 63,249 15,773 - 79,022  Income (loss) before income taxes $ 88,039 $ (3,409) $ (3,147) $ 81,483  Goodwill $ - $ - $ 15,794 $ 15,794  Total assets $ 2,506,279 $ 460,387 $ 45,951 $ 3,012,617  Purchase of rental equipment (1) $ 739,944 $ 72,077 $ - $ 812,021     Year Ended December 31, 2017  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 235,365 $ - $ - $ 235,365  Rail lease revenue - 32,476 - 32,476  Logistics revenue - - 80,552 80,552  Total revenue 235,365 32,476 80,552 348,393  Depreciation of rental equipment 99,753 11,199 - 110,952  Storage, handling and other expenses 15,207 5,615 96 20,918  Logistics transportation costs - - 68,155 68,155  Gain on sale of used rental equipment (5,333) (14) - (5,347)  Administrative expenses 22,925 4,756 15,018 42,699  Total operating expenses 132,552 21,556 83,269 237,377  Operating income (loss) 102,813 10,920 (2,717) 111,016  Net interest expense 41,815 11,237 - 53,052  Other expense 765 - - 765  Total other expenses 42,580 11,237 - 53,817  Income (loss) before income taxes $ 60,233 $ (317) $ (2,717) $ 57,199  Goodwill $ - $ - $ 15,794 $ 15,794  Total assets $ 1,938,723 $ 449,376 $ 40,029 $ 2,428,128  Purchase of rental equipment (1) $ 445,168 $ 56,882 $ - $ 502,050     Year Ended December 31, 2016  Container Leasing Rail Leasing Logistics Total  Container lease revenue $ 202,328 $ - $ - $ 202,328  Rail lease revenue - 30,490 - 30,490  Logistics revenue - - 61,536 61,536  Total revenue 202,328 30,490 61,536 294,354  Depreciation of rental equipment 95,755 9,122 - 104,877  Storage, handling and other expenses 32,465 3,386 11 35,862  Logistics transportation costs - - 51,980 51,980  Loss (gain) on sale of used rental equipment 12,750 33 (112) 12,671  Administrative expenses 20,453 3,759 11,466 35,678  Total operating expenses 161,423 16,300 63,345 241,068  Operating income (loss) 40,905 14,190 (1,809) 53,286  Net interest expense 35,784 6,970 - 42,754  Other expense 654 - - 654  Total other expenses 36,438 6,970 - 43,408  Income (loss) before income taxes and non-controlling interest $ 4,467 $ 7,220 $ (1,809) $ 9,878  Purchase of rental equipment (1) $ 118,374 $ 132,791 $ - $ 251,165  (1) Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indic ated .
Schedule Of Geographic Allocation Of Revenue	  Year Ended December 31,  2018 2017 2016  United States $ 154,427 $ 120,558 $ 99,824  Switzerland 50,805 32,430 19,636  France 37,565 34,862 29,273  Korea 31,877 20,755 14,904  Singapore 26,854 19,856 16,172  Other Asia 67,695 64,097 63,190  Other Europe 54,677 45,176 40,170  Other International 8,198 10,659 11,185  Total revenue $ 432,098 $ 348,393 $ 294,354 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Reconciliation Of Basic And Diluted Net Income Per Share	    Year Ended December 31,  2018 2017 2016  Numerator  Net income attributable to CAI common stockholders $ 73,472 $ 72,060 $ 5,997  Denominator  Weighted-average shares used in per share computation - basic 19,562 19,253 19,318  Effect of dilutive securities:  Stock options and restricted stock 260 354 75  Weighted-average shares used in per share computation - diluted 19,822 19,607 19,393   Net income per share attributable to CAI common stockholders:  Basic $ 3.76 $ 3.74 $ 0.31  Diluted $ 3.71 $ 3.68 $ 0.31 

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2018
Selected Quarterly Financial Data [Abstract]
Schedule Of Key Interim Financial Information	   2018 Quarters Ended 2017 Quarters Ended  Dec. 31 Sept. 30 June 30 Mar. 31 Dec. 31 Sept. 30 June 30 Mar. 31  Revenue $ 115,567 $ 115,452 $ 105,705 $ 95,374 $ 94,034 $ 90,161 $ 82,692 $ 81,506  Operating expenses 72,578 72,571 65,786 60,658 57,631 58,267 57,924 63,555  Operating income 42,989 42,881 39,919 34,716 36,403 31,894 24,768 17,951  Net income attributable to  CAI common stockholders 17,200 20,006 19,149 17,117 36,563 17,587 12,638 5,272   Net income per share attributable  to CAI common stockholders:  Basic $ 0.90 $ 1.04 $ 0.98 $ 0.84 $ 1.86 $ 0.92 $ 0.66 $ 0.28  Diluted $ 0.89 $ 1.03 $ 0.97 $ 0.83 $ 1.81 $ 0.90 $ 0.65 $ 0.27 

The Company And Nature Of Ope_2

The Company And Nature Of Operations (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended		12 Months Ended
	Aug. 31, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2016	Feb. 29, 2016
Challenger [Member]
Business Acquisition [Line Items]
Acquisition purchase date			Feb. 1, 2016
Acquisition purchase price						$ 10.8
Hybrid [Member]
Business Acquisition [Line Items]
Acquisition purchase date			Jun. 1, 2016
Acquisition purchase price					$ 12
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Business Acquisition [Line Items]
Preferred stock, dividend rate		8.50%	8.50%	8.50%
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Business Acquisition [Line Items]
Preferred stock, dividend rate	8.50%		8.50%	8.50%

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Significant Accounting Policies [Line Items]
Goodwill	$ 15,794,000	$ 15,794,000	$ 15,800,000	$ 15,800,000
Impairment charges	0	0	$ 0
Impairment of goodwill	$ 0
Percentage of general reserve on receivables one to thirty days overdue	1.00%
Percentage of reserve on receivables one year overdue	100.00%
Maximum period for general reserve with specific maximum percentage	1 year
Unamortized debt issuance cost	$ 20,400,000	$ 11,700,000
CAIJ [Member]
Significant Accounting Policies [Line Items]
Ownership percentage by parent	80.00%
Railcars [Member]
Significant Accounting Policies [Line Items]
Estimated useful life	43 years
Residual value	$ 8,700
Minimum [Member]
Significant Accounting Policies [Line Items]
Period for general reserve with specific minimum percentage	1 day
Minimum [Member] | Other Specialized Equipment [Member]
Significant Accounting Policies [Line Items]
Estimated useful life	12 years 6 months
Residual value	$ 1,000
Maximum [Member]
Significant Accounting Policies [Line Items]
Period for general reserve with specific minimum percentage	30 days
Maximum [Member] | Other Specialized Equipment [Member]
Significant Accounting Policies [Line Items]
Estimated useful life	15 years
Residual value	$ 3,500

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements (Schedule Of Rental Equipment Useful Lives and Residual Value) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)
20-ft. Standard Dry Van Container [Member]
Property, Plant and Equipment [Line Items]
Residual Value	$ 1,050
Depreciable Life in Years	13 years
40-ft. Standard Dry Van Container [Member]
Property, Plant and Equipment [Line Items]
Residual Value	$ 1,300
Depreciable Life in Years	13 years
40-ft. High Cube Dry Van Container [Member]
Property, Plant and Equipment [Line Items]
Residual Value	$ 1,400
Depreciable Life in Years	13 years
20-ft. Refrigerated Container [Member]
Property, Plant and Equipment [Line Items]
Residual Value	$ 2,750
Depreciable Life in Years	12 years
40-ft. High Cube Refrigerated Container [Member]
Property, Plant and Equipment [Line Items]
Residual Value	$ 3,500
Depreciable Life in Years	12 years

Summary Of Significant Accoun_6

Summary Of Significant Accounting Policies And Recent Accounting Pronouncements (Schedule Of Estimated Useful Lives) (Details)	12 Months Ended
	Dec. 31, 2018
Trademarks And Tradenames [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	2 years
Trademarks And Tradenames [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	5 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	8 years

Consolidation Of Variable Int_2

Consolidation Of Variable Interest Entities (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)item
Variable Interest Entity [Line Items]
Net book value	$ 2,265,260,000	$ 2,004,961,000
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Net book value	71,958,000	61,842,000
Cash	25,211,000	$ 20,685,000	$ 30,449,000	$ 35,106,000
Collateralized Financing Obligations [Member]
Variable Interest Entity [Line Items]
Long-term debt	107,200,000
Term Loan [Member]
Variable Interest Entity [Line Items]
Long-term debt	$ 1,500,000
Containers [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Number of types of container fund arrangements | item	2
Number of container portfolios sold | item		0	0	0
Net book value	$ 85,800,000
Gain (loss) recognized on initial consolidation of VIEs	0
Carrying value of assets sold	$ 40,600,000	$ 20,500,000	$ 36,200,000

Rental Equipment (Schedule Of R

Rental Equipment (Schedule Of Rental Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Rental equipment, gross	$ 2,864,703	$ 2,510,507
Accumulated depreciation	(599,443)	(505,546)
Rental equipment, net of accumulated depreciation	2,265,260	2,004,961
Dry Containers [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	1,840,304	1,533,063
Refrigerated Containers [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	341,983	345,744
Other Specialized Equipment [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	192,035	160,529
Railcars [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	490,381	$ 471,171
Rental equipment, net of accumulated depreciation	$ 448,500

Net Investment In Direct Fina_3

Net Investment In Direct Finance Leases (Components Of Net Investment In Direct Finance Leases) (Details) - USD ($)		Dec. 31, 2018	Dec. 31, 2017
Net Investment In Direct Finance Leases [Abstract]
Gross finance lease receivables	[1]	$ 804,511,000	$ 412,489,000
Unearned income	[2]	(254,744,000)	(135,976,000)
Net investment in direct finance leases		549,767,000	276,513,000
Unguaranteed residual value		74,400,000	34,400,000
Executory costs		0	0
Unamortized initial direct costs		$ 0	$ 0
[1]	At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received. There was $74.4 million and $34.4 million unguaranteed residual value at December 31, 2018 and 2017, respectively, included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of December 31, 2018 and 2017.
[2]	The difference between the gross finance lease receivables and the cost of the equipment or carrying amount at the lease inception is recorded as unearned income. Unearned income, together with initial direct costs, are amortized to income over the lease term so as to produce a constant periodic rate of return. There were no unamortized initial direct costs as of December 31, 2018 and 2017.

Net Investment In Direct Fina_4

Net Investment In Direct Finance Leases (Gross Finance Lease Receivables By Customer Categories) (Details) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Gross finance lease receivables	[1]	$ 804,511	$ 412,489
Tier 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross finance lease receivables		698,014	366,629
Tier 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross finance lease receivables		106,497	45,860
Tier 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross finance lease receivables
[1]	At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received. There was $74.4 million and $34.4 million unguaranteed residual value at December 31, 2018 and 2017, respectively, included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of December 31, 2018 and 2017.

Net Investment In Direct Fina_5

Net Investment In Direct Finance Leases (Contractual Maturities Of Gross Finance Lease Receivables) (Details) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Net Investment In Direct Finance Leases [Abstract]
2,019		$ 117,719
2,020		88,634
2,021		85,339
2,022		78,496
2,023		73,260
2024 and thereafter		361,063
Gross finance lease receivables	[1]	$ 804,511	$ 412,489
[1]	At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received. There was $74.4 million and $34.4 million unguaranteed residual value at December 31, 2018 and 2017, respectively, included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of December 31, 2018 and 2017.

Intangible Assets (Narrative) (

Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible Assets [Abstract]
Amortization expense	$ 1,989	$ 1,969	$ 1,443

Intangible Assets (Schedule Of

Intangible Assets (Schedule Of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 11,130	$ 11,130
Accumulated Amortization	(5,397)	(3,407)
Net Carrying Amount	5,733	7,723
Trademarks And Tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,786	1,786
Accumulated Amortization	(1,786)	(1,411)
Net Carrying Amount		375
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,344	9,344
Accumulated Amortization	(3,611)	(1,996)
Net Carrying Amount	$ 5,733	$ 7,348

Intangible Assets (Schedule O_2

Intangible Assets (Schedule Of Estimated Future Amortization Expenses) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets [Abstract]
2,019	$ 1,609
2,020	1,609
2,021	1,516
2,022	474
2,023	457
2024 and thereafter	68
Net Carrying Amount	$ 5,733	$ 7,723

Equipment Leases (Details)

Equipment Leases (Details) $ in Thousands	Dec. 31, 2018USD ($)
Equipment Leases [Abstract]
2,019	$ 184,978
2,020	152,927
2,021	129,361
2,022	107,776
2,023	71,762
2024 and thereafter	108,714
Gross operating leases receivable	$ 755,518

Debt (Narrative) (Details)

Debt (Narrative) (Details) € in Millions

Jul. 06, 2017USD ($)

Mar. 28, 2013USD ($)

Dec. 31, 2014USD ($)

Sep. 30, 2014USD ($)

Dec. 31, 2018USD ($)item

Dec. 31, 2018EUR (€)

Dec. 31, 2018USD ($)

Jun. 26, 2018USD ($)

Dec. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Oct. 22, 2015USD ($)

Jun. 25, 2014USD ($)

Mar. 27, 2013USD ($)

Sep. 13, 2012USD ($)

Debt Instrument [Line Items]

Letters of credit outstanding

$ 100,000

$ 100,000

Net book value

2,265,260,000

2,004,961,000

Restricted cash

30,668,000

$ 11,789,000

Railcars [Member]

Debt Instrument [Line Items]

Net book value

448,500,000

Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Jun. 30, 2023

Maximum credit commitment

$ 960,000,000

Maximum credit commitment increase amount

$ 250,000,000

Total leverage ratio

4.00%

4.00%

3.75%

Average interest rate

4.20%

4.20%

3.20%

Revolving Credit Facility [Member] | Containers [Member]

Debt Instrument [Line Items]

Net book value

$ 477,000,000

Revolving Credit Facility [Member] | CAI Rail [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Oct. 23, 2023

Maximum credit commitment

550,000,000

$ 500,000,000

Maximum credit commitment increase amount

150,000,000

Available borrowing capacity

277,500,000

Available borrowing capacity based on borrowing base and collateral requirements

18,600,000

Net book value

$ 363,900,000

Average interest rate

4.20%

4.20%

3.20%

Revolving Credit Facility [Member] | Consortium of Banks [Member]

Debt Instrument [Line Items]

Maximum credit commitment

$ 1,100,000,000

Available borrowing capacity

794,700,000

Available borrowing capacity based on borrowing base and collateral requirements

91,200,000

Revolving Credit Facility [Member] | CAI International GmbH [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Sep. 1, 2020

Maximum credit commitment | €

€ 25

Available borrowing capacity | €

8

Available borrowing capacity based on borrowing base and collateral requirements

$ 1,200,000

Net book value | €

€ 24.2

Average interest rate

2.00%

2.00%

2.00%

Standby Letters Of Credit [Member]

Debt Instrument [Line Items]

Maximum credit commitment

$ 30,000,000

Swing Line Loans [Member]

Debt Instrument [Line Items]

Maximum credit commitment

25,000,000

Maximum number of business days short term borrowings payable

10 days

Loan Agreement With Bank $100.0 Million [Member]

Debt Instrument [Line Items]

Long-term debt balance

98,500,000

Term Loan [Member]

Debt Instrument [Line Items]

Long-term debt

1,500,000

Term Loan [Member] | Rental Equipment [Member]

Debt Instrument [Line Items]

Net book value

461,800,000

Term Loan [Member] | CAI Rail [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Dec. 22, 2020

Long-term debt balance

16,524,000

Principal amount of loan

$ 20,000,000

Term of loan

5 years

Average interest rate

3.40%

3.40%

3.40%

Term Loan [Member] | Development Bank of Japan [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Apr. 30, 2023

Long-term debt balance

$ 29,100,000

Principal amount of loan

30,000,000

Term of loan

5 years

Number of quarterly installments | item

19

Proceeds used to repay loan

$ 500,000

Debt instrument final payment

$ 21,500,000

Average interest rate

4.50%

4.50%

3.40%

Term Loan [Member] | Consortium of Banks [Member]

Debt Instrument [Line Items]

Maximum credit commitment

$ 300,000,000

Long-term debt balance

$ 125,000,000

$ 249,400,000

Term of loan

6 years

Proceeds used to repay loan

124,400,000

Term Loan [Member] | Consortium of Banks, Note Dated October 1, 2014 [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Oct. 1, 2019

Maximum credit commitment

$ 150,000,000

$ 115,000,000

Long-term debt balance

$ 111,750,000

Average interest rate

3.80%

3.80%

3.10%

Term Loan [Member] | Consortium of Banks, Note Dated April 11, 2012 [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Jun. 1, 2021

Maximum credit commitment

$ 142,000,000

Maximum credit commitment increase amount

100,000,000

Long-term debt balance

$ 82,500,000

Term of loan

5 years

Quarterly payments specified as percentage of drawn amount

1.75%

Average interest rate

4.00%

4.00%

3.30%

Term Loan [Member] | Consortium Of Banks Note Dated August 30 2016 [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Aug. 1, 2021

Long-term debt balance

$ 43,560,000

Principal amount of loan

100,000,000

Term of loan

5 years

Long-term debt

$ 50,000,000

Average interest rate

3.60%

3.60%

3.60%

Fixed interest rate

3.60%

3.60%

Term Loan [Member] | LIBOR [Member] | Consortium of Banks, Note Dated October 1, 2014 [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.60%

2.25%

Term Loan [Member] | Loan Agreement With Bank $100.0 Million [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Oct. 1, 2023

Principal amount of loan

$ 100,000,000

Term of loan

5 years

Number of quarterly installments | item

20

Proceeds used to repay loan

$ 1,500,000

Debt instrument final payment

$ 70,000,000

Average interest rate

4.60%

4.60%

Fixed interest rate

4.60%

4.60%

Senior Secured Notes [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Sep. 13, 2022

Long-term debt balance

$ 58,885,000

$ 103,000,000

Average interest rate

4.90%

4.90%

4.90%

Senior Secured Notes [Member] | Rental Equipment [Member]

Debt Instrument [Line Items]

Net book value

$ 76,200,000

Asset Backed Notes [Member]

Debt Instrument [Line Items]

Proceeds from asset backed notes

$ 229,000,000

Average interest rate

3.70%

3.70%

Asset Backed Notes [Member] | Rental Equipment [Member]

Debt Instrument [Line Items]

Net book value

$ 1,249,200,000

Asset Backed Notes [Member] | Series 2012-1 Asset-Backed Notes [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Oct. 1, 2027

Long-term debt balance

65,550,000

Principal amount of loan

$ 171,000,000

Average interest rate

3.50%

3.50%

3.50%

Fixed interest rate

3.47%

3.47%

Asset Backed Notes [Member] | Series 2013-1 Asset-Backed Notes [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Mar. 1, 2028

Long-term debt balance

$ 97,325,000

Principal amount of loan

$ 229,000,000

Average interest rate

3.40%

3.40%

3.40%

Fixed interest rate

3.35%

3.35%

Asset Backed Notes [Member] | Class A Asset-Backed Notes [Member]

Debt Instrument [Line Items]

Proceeds from asset backed notes

$ 240,900,000

Average interest rate

3.60%

Asset Backed Notes [Member] | Class B Asset-Backed Notes [Member]

Debt Instrument [Line Items]

Proceeds from asset backed notes

$ 12,200,000

Average interest rate

4.60%

Asset Backed Notes [Member] | Series 2017-1 Asset-Backed Notes [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Jun. 1, 2042

Long-term debt balance

$ 215,109,000

Average interest rate

3.70%

3.70%

3.70%

Asset Backed Notes [Member] | Series 2018-1 Asset Backed Notes - Class A [Member]

Debt Instrument [Line Items]

Principal amount of loan

$ 332,000,000

Fixed interest rate

4.00%

4.00%

Asset Backed Notes [Member] | Series 2018-1 Asset Backed Notes - Class B [Member]

Debt Instrument [Line Items]

Principal amount of loan

$ 16,900,000

Fixed interest rate

4.80%

4.80%

Asset Backed Notes [Member] | Series 2018-2 Asset Backed Notes - Class A [Member]

Debt Instrument [Line Items]

Principal amount of loan

$ 331,500,000

Fixed interest rate

4.30%

4.30%

Asset Backed Notes [Member] | Series 2018-2 Asset Backed Notes - Class B [Member]

Debt Instrument [Line Items]

Principal amount of loan

$ 12,000,000

Fixed interest rate

5.20%

5.20%

Collateralized Financing Obligations [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Dec. 1, 2021

Long-term debt balance

$ 107,225,000

Long-term debt

$ 107,200,000

Average interest rate

1.20%

1.20%

1.20%

Maturity date range start

Mar. 1, 2019

Maturity date range end

Dec. 1, 2021

Minimum [Member] | Senior Secured Notes [Member]

Debt Instrument [Line Items]

Percentage of aggregate principal to prepay

10

Variable Interest Entity, Primary Beneficiary [Member]

Debt Instrument [Line Items]

Net book value

$ 71,958,000

$ 61,842,000

Restricted cash

30,668,000

$ 11,789,000

$ 6,192,000

$ 7,212,000

Variable Interest Entity, Primary Beneficiary [Member] | Containers [Member]

Debt Instrument [Line Items]

Net book value

85,800,000

Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member]

Debt Instrument [Line Items]

Debt instrument maturity date

Jun. 1, 2019

Long-term debt balance

$ 1,456,000

Average interest rate

3.30%

3.30%

2.70%

Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member] | Rental Equipment [Member]

Debt Instrument [Line Items]

Net book value

$ 8,500,000

Variable Interest Entity, Primary Beneficiary [Member] | Amortizing Term Loan [Member]

Debt Instrument [Line Items]

Long-term debt balance

$ 9,200,000

Term of loan

5 years

Fixed interest rate

2.70%

Variable Interest Entity, Primary Beneficiary [Member] | Non-Amortizing Term Loan [Member]

Debt Instrument [Line Items]

Long-term debt balance

$ 1,600,000

Term of loan

5 years

Debt (Schedule Of Debt) (Detail

Debt (Schedule Of Debt) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 316,622	$ 135,869
Gross Debt, Long-term Outstanding	1,862,757	1,578,666
Debt issuance costs, Current Outstanding	(5,241)	(3,820)
Debt issuance costs, Long-term Outstanding	(15,124)	(7,893)
Total Debt, Current Outstanding	311,381	132,049
Total Debt, Long-term Outstanding	1,847,633	1,570,773
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	4,200
Gross Debt, Long-term Outstanding	$ 301,000	$ 528,000
Average Interest	4.20%	3.20%
Maturity	Jun. 30, 2023
Revolving Credit Facility [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Gross Debt, Long-term Outstanding	$ 272,500	$ 272,000
Average Interest	4.20%	3.20%
Maturity	Oct. 23, 2023
Revolving Credit Facility [Member] | CAI International GmbH [Member]
Debt Instrument [Line Items]
Gross Debt, Long-term Outstanding	$ 19,457	$ 14,736
Average Interest	2.00%	2.00%
Maturity	Sep. 1, 2020
Term Loan [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 1,240	$ 1,198
Gross Debt, Long-term Outstanding	$ 15,284	$ 16,524
Average Interest	3.40%	3.40%
Maturity	Dec. 22, 2020
Term Loan [Member] | Development Bank of Japan [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 1,800	$ 21,900
Gross Debt, Long-term Outstanding	$ 27,300
Average Interest	4.50%	3.40%
Maturity	Apr. 30, 2023
Term Loan [Member] | Consortium of Banks, Note Dated October 1, 2014 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 111,750	$ 9,000
Gross Debt, Long-term Outstanding		$ 111,750
Average Interest	3.80%	3.10%
Maturity	Oct. 1, 2019
Term Loan [Member] | Consortium of Banks, Note Dated April 11, 2012 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 7,000	$ 7,000
Gross Debt, Long-term Outstanding	$ 75,500	$ 82,500
Average Interest	4.00%	3.30%
Maturity	Jun. 1, 2021
Term Loan [Member] | Consortium Of Banks Note Dated August 30 2016 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 2,909	$ 2,805
Gross Debt, Long-term Outstanding	$ 40,651	$ 43,560
Average Interest	3.60%	3.60%
Maturity	Aug. 1, 2021
Senior Secured Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 6,110	$ 6,110
Gross Debt, Long-term Outstanding	$ 52,775	$ 58,885
Average Interest	4.90%	4.90%
Maturity	Sep. 13, 2022
Asset Backed Notes [Member]
Debt Instrument [Line Items]
Average Interest	3.70%
Collateralized Financing Obligations [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 39,610	$ 22,549
Gross Debt, Long-term Outstanding	$ 67,615	$ 69,441
Average Interest	1.20%	1.20%
Maturity	Dec. 1, 2021
Variable Interest Entity, Primary Beneficiary [Member]
Debt Instrument [Line Items]
Total Debt, Current Outstanding	$ 41,066	$ 22,549
Total Debt, Long-term Outstanding	67,615	72,727
Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 1,456
Gross Debt, Long-term Outstanding		$ 3,286
Average Interest	3.30%	2.70%
Maturity	Jun. 1, 2019
Loan Agreement With Bank $100.0 Million [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 6,000
Gross Debt, Long-term Outstanding	$ 92,500
Average Interest	4.60%
Maturity	Oct. 1, 2023
Series 2012-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 17,100	$ 17,100
Gross Debt, Long-term Outstanding	$ 48,450	$ 65,550
Average Interest	3.50%	3.50%
Maturity	Oct. 1, 2027
Series 2013-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 22,900	$ 22,900
Gross Debt, Long-term Outstanding	$ 74,425	$ 97,325
Average Interest	3.40%	3.40%
Maturity	Mar. 1, 2028
Series 2017-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 25,307	$ 25,307
Gross Debt, Long-term Outstanding	$ 189,802	$ 215,109
Average Interest	3.70%	3.70%
Maturity	Jun. 1, 2042
Series 2018-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 34,890
Gross Debt, Long-term Outstanding	$ 284,935
Average Interest	4.00%
Maturity	Feb. 1, 2043
Series 2018-2 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	$ 34,350
Gross Debt, Long-term Outstanding	$ 300,563
Average Interest	4.40%
Maturity	Sep. 1, 2043

Debt (Schedule Of Maturities Of

Debt (Schedule Of Maturities Of Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Sep. 13, 2012
Term Loan [Member] | Development Bank of Japan [Member]
Debt Instrument [Line Items]
2,019	$ 3,086
2,020	3,005
2,021	2,924
2,022	2,842
2,023	22,391
Long term debt including interest	34,248
Less: Amount representing interest	(5,148)
Long-term Debt, Total	29,100
Term Loan [Member] | Consortium of Banks, Note Dated October 1, 2014 [Member]
Debt Instrument [Line Items]
2,019	115,275
Long term debt including interest	115,275
Less: Amount representing interest	(3,525)
Long-term Debt, Total	111,750
Term Loan [Member] | Consortium of Banks, Note Dated April 11, 2012 [Member]
Debt Instrument [Line Items]
2,019	10,459
2,020	10,165
2,021	69,953
Long term debt including interest	90,577
Less: Amount representing interest	(8,077)
Long-term Debt, Total	82,500
Term Loan [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
2,019	1,793
2,020	15,793
Long term debt including interest	17,586
Less: Amount representing interest	(1,062)
Long-term Debt, Total	16,524
Term Loan [Member] | Consortium Of Banks Note Dated August 30 2016 [Member]
Debt Instrument [Line Items]
2,019	4,441
2,020	4,441
2,021	38,524
Long term debt including interest	47,406
Less: Amount representing interest	(3,846)
Long-term Debt, Total	43,560
Senior Secured Notes [Member]
Debt Instrument [Line Items]
2,019	8,921
2,020	8,621
2,021	8,322
2,022	42,467
Long term debt including interest	68,331
Less: Amount representing interest	(9,446)
Long-term Debt, Total	58,885	$ 103,000
Collateralized Financing Obligations [Member]
Debt Instrument [Line Items]
2,019	40,784
2,020	22,084
2,021	36,414
2,022	10,147
Long term debt including interest	109,429
Less: Amount representing interest	(2,204)
Long-term Debt, Total	107,225
Loan Agreement With Bank $100.0 Million [Member]
Debt Instrument [Line Items]
2,019	10,396
2,020	10,122
2,021	9,848
2,022	9,574
2,023	77,266
Long term debt including interest	117,206
Less: Amount representing interest	(18,706)
Long-term Debt, Total	98,500
Series 2012-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
2,019	19,103
2,020	18,509
2,021	17,916
2,022	14,477
Long term debt including interest	70,005
Less: Amount representing interest	(4,455)
Long-term Debt, Total	65,550
Series 2013-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
2,019	25,809
2,020	25,042
2,021	24,274
2,022	23,507
2,023	5,757
Long term debt including interest	104,389
Less: Amount representing interest	(7,064)
Long-term Debt, Total	97,325
Series 2017-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
2,019	32,770
2,020	31,842
2,021	30,914
2,022	29,986
2,023	29,058
2024 and thereafter	94,394
Long term debt including interest	248,964
Less: Amount representing interest	(33,855)
Long-term Debt, Total	215,109
Series 2018-1 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
2,019	47,045
2,020	45,650
2,021	44,254
2,022	42,858
2,023	41,462
2024 and thereafter	157,734
Long term debt including interest	379,003
Less: Amount representing interest	(59,178)
Long-term Debt, Total	319,825
Series 2018-2 Asset-Backed Notes [Member] | Asset Backed Notes [Member]
Debt Instrument [Line Items]
2,019	48,300
2,020	46,799
2,021	45,297
2,022	43,796
2,023	42,295
2024 and thereafter	180,397
Long term debt including interest	406,884
Less: Amount representing interest	(71,971)
Long-term Debt, Total	334,913
Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member]
Debt Instrument [Line Items]
2,019	1,486
Long term debt including interest	1,486
Less: Amount representing interest	(30)
Long-term Debt, Total	$ 1,456

Stock-Based Compensation Plan_2

Stock-Based Compensation Plan (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options available for grant	3,421,980
Contractual term	10 years
Aggregate intrinsic value of options exercised	$ 0.1	$ 11.7
Closing price per share	$ 23.23
Stock-based compensation expense recorded	$ 1.2	1.6	$ 1.3
Remaining unamortized stock-based compensation cost	$ 1.3
Stock-based compensation cost recognition period	1 year 8 months 12 days
Fair value of stock options granted		$ 2.1	$ 0.9
Fair value of stock options granted per share		$ 9.16	$ 3.55
Estimated forfeiture on options granted		0	0
Stock Options [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards	4 years
Stock Options [Member] | Employees [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25.00%
Stock Options [Member] | Employees [Member] | Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	2.083%
Stock Options [Member] | Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards	1 year
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recorded	$ 1.6	$ 0.5	$ 0.4
Remaining unamortized stock-based compensation cost	$ 2.7
Stock-based compensation cost recognition period	2 years
Restricted Stock [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards	4 years
Restricted Stock [Member] | Employees [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25.00%
Restricted Stock [Member] | Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards	1 year
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards	3 years

Stock-Based Compensation Plan_3

Stock-Based Compensation Plan (Summary Of Stock Option Activities) (Details) - Stock Options [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding at beginning of period, Number of Shares	859,560	1,428,255	1,189,255
Options granted, Number of Shares		230,500	245,000
Options exercised, Number of Shares	(9,393)		(6,000)
Options forfeited/cancelled, Number of Shares		(799,195)
Options outstanding at end of period, Number of Shares	850,167	859,560	1,428,255
Options exercisable, Number of Shares	657,471
Expected to vest after end of period, Number of Shares	192,696
Options outstanding at beginning of period, Weighted Average Exercise Price	$ 16.44	$ 16.31	$ 18.08
Options granted, Weighted Average Exercise Price		16.80	7.87
Options exercised, Weighted Average Exercise Price	14.76		21.99
Options forfeited/cancelled, Weighted Average Exercise Price		16.31
Options outstanding at end of period, Weighted Average Exercise Price	16.46	$ 16.44	$ 16.31
Options exercisable, Weighted Average Exercise Price	17.38
Expected to vest after end of period, Weighted Average Exercise Price	$ 13.33
Weighted average remaining term	5 years 10 months 24 days
Weighted average remaining term	5 years 3 months 18 days
Expected to vest after end of period, Weighted Average Remaining Contractual Term (in years)	7 years 8 months 12 days
Aggregate intrinsic value of options outstanding	$ 5,936
Options exercisable at end of period, Aggregate Intrinsic Value (in thousands)	4,028
Expected to vest after end of period, Aggregate Intrinsic Value (in thousands)	$ 1,907

Stock-Based Compensation Plan_4

Stock-Based Compensation Plan (Summary Of Fair Value Weighted Average Assumptions) (Details) - Stock Options [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price		$ 16.80	$ 7.87
Exercise price		$ 16.80	$ 7.87
Dividend yield
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)		5 years 6 months	5 years 6 months
Expected volatility		56.40%	45.40%
Risk-free interest rate		1.77%	1.30%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)		6 years 3 months	6 years 3 months
Expected volatility		57.50%	46.70%
Risk-free interest rate		2.14%	1.40%

Stock-Based Compensation Plan_5

Stock-Based Compensation Plan (Summary Of Restricted Stock and Performance Stock Activity) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock and performance stock outstanding, Beginning balance, Number of Shares of Restricted Stock	78,542	65,802	48,025
Restricted stock and performance stock granted, Number of Shares of Restricted Stock	156,165	37,414	34,500
Restricted stock and performance stock vested, Number of Shares of Restricted Stock	(29,977)		(14,379)
Restricted stock and performance stock forfeited, Number of Shares of Restricted Stock		(24,674)	(2,344)
Restricted stock and performance stock outstanding, Ending balance, Number of Shares of Restricted Stock	204,730	78,542	65,802
Restricted stock and performance stock outstanding, Beginning balance, Weighted Average Grant Date Fair Value	$ 14.92	$ 14.75	$ 22.70
Restricted stock and performance stock granted, Weighted Average Grant Date Fair Value	22.48	17.14	7.87
Restricted stock and performance stock vested, Weighted Average Grant Date Fair Value	16.52		23.61
Restricted stock and performance stock forfeited, Weighted Average Grant Date Fair Value		17.83	21.96
Restricted stock and performance stock outstanding, Ending balance, Weighted Average Grant Date Fair Value	$ 20.45	$ 14.92	$ 14.75

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Line Items]
U.S federal income tax rate	21.00%	35.00%	35.00%
Net tax benefit from U.S. Tax Cuts and Job Act		$ 16.9
Limitation On The Deduction Of Interest Expense, Percent In Excess Of Adjusted Taxable Income	30.00%
Limitation On The Utilization Of Net Operating Losses Generated After Prior Fiscal Year, Percent Of Taxable Income		80.00%
Undistributed foreign earnings	$ 28.5
Minimum percentage realization for recognition of income tax position	50.00%
Unrecognized tax benefits, if recognized, would reduce the Company’s effective tax rate	$ 0.3
Accrued potential interest and penalties related to unrecognized tax benefits	0.1	$ 0.1
Federal [Member]
Income Taxes [Line Items]
Operating loss carryforwards	$ 149.9
Operating loss carryforwards, expiration date	Dec. 31, 2035
Foreign [Member]
Income Taxes [Line Items]
Operating loss carryforwards	$ 19.9
Operating loss carryforwards, expiration date	Dec. 31, 2029
Earliest Tax Year [Member] | Federal [Member]
Income Taxes [Line Items]
Tax years subject to examinations by tax authorities	2,015
Earliest Tax Year [Member] | State [Member]
Income Taxes [Line Items]
Tax years subject to examinations by tax authorities	2,014
Latest Tax Year [Member] | Federal [Member]
Income Taxes [Line Items]
Tax years subject to examinations by tax authorities	2,017
Latest Tax Year [Member] | State [Member]
Income Taxes [Line Items]
Tax years subject to examinations by tax authorities	2,017

Income Taxes (Schedule Of Net I

Income Taxes (Schedule Of Net Income Before Income Taxes And Non-Controlling Interest) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
U.S. operations	$ (5,391)	$ (2,080)	$ 8,996
Foreign operations	86,874	59,279	882
Income before income taxes and non-controlling interest	$ 81,483	$ 57,199	$ 9,878

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
Federal	$ 26	$ (531)	$ 312
State	113	86	56
Foreign	282	531	2,338
Current income tax expense (benefit)	421	86	2,706
Federal	1,415	(19,304)	3,090
State	(528)	3,172	238
Foreign	1,579	1,185	(2,190)
Deferred income tax expense (benefit)	2,466	(14,947)	1,138
Total income tax expense (benefit)	$ 2,887	$ (14,861)	$ 3,844

Income Taxes (Schedule Of Effec

Income Taxes (Schedule Of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
Computed expected tax expense	$ 17,112	$ 20,020	$ 3,458
Foreign tax differential	(16,384)	(19,032)	(88)
State income tax expense, net of federal income tax benefit	25	191	310
Subpart F income	2,202	683	711
IRC Section 162(m) excess officer's compensatio	172
Non-deductible stock-based compensation	133	218	155
Excess tax benefit related to stock-based compensation	(34)	(1,858)
Increase in uncertain tax positions	25	61	36
Adjustment for prior years	(431)	1,894
Change in Federal tax rate		(16,945)
Adjustment to contingent consideration		(429)	(634)
Change in valuation allowance			(15)
Other	67	336	(89)
Total income tax expense (benefit)	$ 2,887	$ (14,861)	$ 3,844

Income Taxes (Schedule Of Defer

Income Taxes (Schedule Of Deferred Tax Assets And Deferred Tax Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Abstract]
Accounts receivable	$ 144	$ 68
Accrued expenses and other current liabilities	743	886
Unearned revenue	51	198
Stock-based compensation	1,060	744
Other	62	89
Net operating loss carry forwards	37,464	34,758
Gross deferred tax assets	39,524	36,743
Net deferred tax assets	39,524	36,743
Depreciation and amortization	68,859	65,609
Foreign deferred tax liabilities	1,047	943
Intangible assets	1,425	1,734
Deferred subpart F income	6,512	4,310
Gross deferred tax liabilities	77,843	72,596
Net deferred tax liability	$ 38,319	$ 35,853

Income Taxes (Schedule Of Unrec

Income Taxes (Schedule Of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Abstract]
Beginning balance	$ 277	$ 266
Increases related to current year tax positions	14	11
Ending balance	$ 291	$ 277

Fair Value Of Financial Instr_2

Fair Value Of Financial Instruments (Details) $ in Millions	Dec. 31, 2018USD ($)
Carrying Amount [Member] | Collateralized Financing Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 107.2
Carrying Amount [Member] | Revolving Credit Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	597.2
Carrying Amount [Member] | Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	223.4
Carrying Amount [Member] | Fixed-Rate Term Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	158.6
Carrying Amount [Member] | Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	58.9
Carrying Amount [Member] | Asset Backed Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	1,032.7
Fair Value [Member] | Collateralized Financing Obligations [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	108.9
Fair Value [Member] | Asset Backed Notes [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	1,024.7
Variable Interest Entity, Primary Beneficiary [Member] | Carrying Amount [Member] | Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 1.5

Commitments And Contingencies_2

Commitments And Contingencies (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)item	Dec. 31, 2017USD ($)item	Dec. 31, 2016USD ($)
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Lease term	5 years
Office facility expense	$ 97,170	$ 68,155	$ 51,980
Number of outstanding letters of credit | item	1	1
Outstanding letter of credit	$ 100	$ 100
Rental equipment payable	74,139	92,415	92,415
Office Facility Expense [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Office facility expense	2,700	$ 2,000	$ 1,700
Containers [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Commitments to purchase rental equipment	9,400
Railcars [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Commitments to purchase rental equipment	$ 64,400

Commitments And Contingencies_3

Commitments And Contingencies (Schedule Of Future Minimum Lease Payments) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Commitments And Contingencies [Abstract]
2,019	$ 2,395
2,020	801
2,021	707
2,022	530
2,023	393
2024 and thereafter	78
Future minimum lease payments under operating lease agreements	$ 4,904

Related Party Transactions (Det

Related Party Transactions (Details) - Directors [Member]	1 Months Ended
	May 31, 2018$ / sharesshares
Related Party Transaction [Line Items]
Common stock repurchased and subsequently cancelled, shares | shares	1,225,214
Average price per share | $ / shares	$ 22.81
Common stock repurchased and subsequently cancelled, discount rate	2.00%

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended			12 Months Ended
	Aug. 31, 2018	Apr. 30, 2018	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	May 31, 2018	Oct. 31, 2017
Class of Stock [Line Items]
Preferred shares, par value				$ 0.0001	$ 0.0001
Common Stock A [Member]
Class of Stock [Line Items]
Authorized number of shares for issuance in offering program							2,000,000
Issuance of common stock				100,000
Proceeds from issuance of stock, gross				$ 2.8
Payments of sales commissions				$ 0.1
Remaining number of shares for issuance in offering program				1,000,000
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred shares issued		170,900	1,600,000	2,199,610	0
Preferred shares dividend rate			8.50%	8.50%	8.50%
Preferred shares, par value			$ 0.0001
Preferred shares, liquidation preference			25
Preferred shares, redemption price			$ 25
Net proceeds from issuance of preferred shares		$ 4.1	$ 38.3	$ 10.5
Payments of underwriting discount		$ 0.1
Authorized number of shares for issuance in offering program						2,200,000
Issuance of common stock				428,710
Payments of sales commissions				$ 0.2
Remaining number of shares for issuance in offering program				1,800,000
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred shares issued	1,700,000			1,955,000	0
Preferred shares dividend rate	8.50%			8.50%	8.50%
Preferred shares, par value	$ 0.0001
Preferred shares, liquidation preference	$ 25
Preferred shares, redemption price				$ 25
Net proceeds from issuance of preferred shares	$ 41.2
Preferred shares issued, additional offering	255,000
Net proceeds from issuance of preferred shares, additional offering	$ 6.2
Payments of underwriting discount	$ 0.2
LIBOR [Member] | Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred shares, variable dividend rate			5.82%
LIBOR [Member] | Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred shares, variable dividend rate				5.69%

Segment And Geographic Inform_3

Segment And Geographic Information (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Revenues	$ 115,567	$ 115,452	$ 105,705	$ 95,374	$ 94,034	$ 90,161	$ 82,692	$ 81,506	$ 432,098	$ 348,393	$ 294,354
Net book value	2,265,260				$ 2,004,961				2,265,260	$ 2,004,961
Inter-Segment [Member]
Property, Plant and Equipment [Line Items]
Revenues									0
Railcars [Member]
Property, Plant and Equipment [Line Items]
Net book value	$ 448,500								$ 448,500

Segment And Geographic Inform_4

Segment And Geographic Information (Schedule Of Segment Information) (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total revenue		$ 115,567	$ 115,452	$ 105,705	$ 95,374	$ 94,034	$ 90,161	$ 82,692	$ 81,506	$ 432,098	$ 348,393	$ 294,354
Total operating expenses		72,578	72,571	65,786	60,658	57,631	58,267	57,924	63,555	271,593	237,377	241,068
Depreciation of rental equipment										121,298	110,952	104,877
Storage, handling and other expenses										14,545	20,918	35,862
Logistics transportation costs										97,170	68,155	51,980
(Gain) loss on sale of used rental equipment										(11,725)	(5,347)	12,671
Administrative expenses										50,305	42,699	35,678
Costs and Expenses		72,578	72,571	65,786	60,658	57,631	58,267	57,924	63,555	271,593	237,377	241,068
Operating income		42,989	$ 42,881	$ 39,919	$ 34,716	36,403	$ 31,894	$ 24,768	$ 17,951	160,505	111,016	53,286
Interest Income (Expense), Nonoperating, Net										(78,345)	(53,052)	(42,754)
Other Nonoperating Income (Expense)										(677)	(765)	(654)
Total other expenses										79,022	53,817	43,408
Income before income taxes and non-controlling interest										81,483	57,199	9,878
Goodwill		15,794				15,794				15,794	15,794	15,800	$ 15,800
Total assets	[1]	3,012,617				2,428,128				3,012,617	2,428,128
Purchase of rental equipment	[2]									812,021	502,050	251,165
Container Leasing [Member]
Segment Reporting Information [Line Items]
Total revenue										284,924	235,365	202,328
Rail Leasing [Member]
Segment Reporting Information [Line Items]
Total revenue										35,703	32,476	30,490
Logistics [Member]
Segment Reporting Information [Line Items]
Total revenue										111,471	80,552	61,536
Operating Segments [Member] | Container Leasing [Member]
Segment Reporting Information [Line Items]
Total revenue										284,924	235,365	202,328
Total operating expenses										133,636	132,552	161,423
Depreciation of rental equipment										107,109	99,753	95,755
Storage, handling and other expenses										8,853	15,207	32,465
(Gain) loss on sale of used rental equipment										(9,886)	(5,333)	12,750
Administrative expenses										27,560	22,925	20,453
Costs and Expenses										133,636	132,552	161,423
Operating income										151,288	102,813	40,905
Interest Income (Expense), Nonoperating, Net										(62,572)	(41,815)	(35,784)
Other Nonoperating Income (Expense)										(677)	(765)	(654)
Total other expenses										63,249	42,580	36,438
Income before income taxes and non-controlling interest										88,039	60,233	4,467
Total assets		2,506,279				1,938,723				2,506,279	1,938,723
Purchase of rental equipment	[2]									739,944	445,168	118,374
Operating Segments [Member] | Rail Leasing [Member]
Segment Reporting Information [Line Items]
Total revenue										35,703	32,476	30,490
Total operating expenses										23,339	21,556	16,300
Depreciation of rental equipment										14,189	11,199	9,122
Storage, handling and other expenses										5,692	5,615	3,386
(Gain) loss on sale of used rental equipment										(1,839)	(14)	33
Administrative expenses										5,297	4,756	3,759
Costs and Expenses										23,339	21,556	16,300
Operating income										12,364	10,920	14,190
Interest Income (Expense), Nonoperating, Net										(15,773)	(11,237)	(6,970)
Total other expenses										15,773	11,237	6,970
Income before income taxes and non-controlling interest										(3,409)	(317)	7,220
Total assets		460,387				449,376				460,387	449,376
Purchase of rental equipment	[2]									72,077	56,882	132,791
Operating Segments [Member] | Logistics [Member]
Segment Reporting Information [Line Items]
Total revenue										111,471	80,552	61,536
Total operating expenses										114,618	83,269	63,345
Storage, handling and other expenses											96	11
Logistics transportation costs										97,170	68,155	51,980
(Gain) loss on sale of used rental equipment												(112)
Administrative expenses										17,448	15,018	11,466
Costs and Expenses										114,618	83,269	63,345
Operating income										(3,147)	(2,717)	(1,809)
Income before income taxes and non-controlling interest										(3,147)	(2,717)	$ (1,809)
Goodwill		15,794				15,794				15,794	15,794
Total assets		$ 45,951				$ 40,029				$ 45,951	$ 40,029
[1]	Total assets at December 31, 2018 and December 31, 2017 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $25,211 and $20,685; Net investment in direct finance leases, $13,862 and $4,423; and Rental equipment net of accumulated depreciation, $71,958 and $61,842, respectively.
[2]	Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indicated

Segment And Geographic Inform_5

Segment And Geographic Information (Schedule Of Geographic Allocation Of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 115,567	$ 115,452	$ 105,705	$ 95,374	$ 94,034	$ 90,161	$ 82,692	$ 81,506	$ 432,098	$ 348,393	$ 294,354
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									154,427	120,558	99,824
Switzerland [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									50,805	32,430	19,636
France [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									37,565	34,862	29,273
Korea [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									31,877	20,755	14,904
Singapore [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									26,854	19,856	16,172
Other Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									67,695	64,097	63,190
Other Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									54,677	45,176	40,170
Other International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue									$ 8,198	$ 10,659	$ 11,185

Concentration Of Credit Risk (D

Concentration Of Credit Risk (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Concentration Risk [Line Items]
Revenues	$ 115,567	$ 115,452	$ 105,705	$ 95,374	$ 94,034	$ 90,161	$ 82,692	$ 81,506	$ 432,098	$ 348,393	$ 294,354
Single Largest Container Lessee [Member] | Customer Concentration Risk [Member] | Total Revenue [Member]
Concentration Risk [Line Items]
Percentage of operations comprised by segment									11.80%	9.70%	6.90%
Revenues									$ 58,000	$ 34,700	$ 20,600
Single Largest Container Lessee [Member] | Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Percentage of operations comprised by segment									6.00%	6.00%
Second Largest Container Lessee [Member] | Customer Concentration Risk [Member] | Total Revenue [Member]
Concentration Risk [Line Items]
Percentage of operations comprised by segment									8.40%	10.50%	10.60%
Revenues									$ 41,300	$ 37,500	$ 31,700
Second Largest Container Lessee [Member] | Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Percentage of operations comprised by segment									15.00%	9.00%

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities having antidilutive effect	160,163	458,857	1,135,711

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation Of Basic And Diluted Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Net income attributable to CAI common stockholders	$ 17,200	$ 20,006	$ 19,149	$ 17,117	$ 36,563	$ 17,587	$ 12,638	$ 5,272	$ 73,472	$ 72,060	$ 5,997
Weighted-average shares used in per share computation - basic									19,562	19,253	19,318
Effect of dilutive securities: Stock options and restricted stock									260	354	75
Weighted-average shares used in per share computation - diluted									19,822	19,607	19,393
Basic	$ 0.90	$ 1.04	$ 0.98	$ 0.84	$ 1.86	$ 0.92	$ 0.66	$ 0.28	$ 3.76	$ 3.74	$ 0.31
Diluted	$ 0.89	$ 1.03	$ 0.97	$ 0.83	$ 1.81	$ 0.90	$ 0.65	$ 0.27	$ 3.71	$ 3.68	$ 0.31

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Feb. 26, 2019item	Feb. 28, 2019USD ($)item	Jun. 30, 2019USD ($)item
Forecast [Member] | Sale Of Second Railcars [Member]
Subsequent Event [Line Items]
Number Of Railcars, Agreement To Sale			200
Disposal Group, Including Discontinued Operation, Consideration | $			$ 32
Subsequent Event [Member]
Subsequent Event [Line Items]
Number Of Railcars, Agreement To Sale	2,146
Subsequent Event [Member] | Sale Of First Railcars [Member]
Subsequent Event [Line Items]
Number Of Railcars, Agreement To Sale		1,946
Disposal Group, Including Discontinued Operation, Consideration | $		$ 165.3

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Selected Quarterly Financial Data [Abstract]
Revenue	$ 115,567	$ 115,452	$ 105,705	$ 95,374	$ 94,034	$ 90,161	$ 82,692	$ 81,506	$ 432,098	$ 348,393	$ 294,354
Operating expenses	72,578	72,571	65,786	60,658	57,631	58,267	57,924	63,555	271,593	237,377	241,068
Operating (loss) income	42,989	42,881	39,919	34,716	36,403	31,894	24,768	17,951	160,505	111,016	53,286
Net (loss) income attributable to CAI common stockholders	$ 17,200	$ 20,006	$ 19,149	$ 17,117	$ 36,563	$ 17,587	$ 12,638	$ 5,272	$ 73,472	$ 72,060	$ 5,997
Net (loss) income per basic share attributable to CAI common stockholders	$ 0.90	$ 1.04	$ 0.98	$ 0.84	$ 1.86	$ 0.92	$ 0.66	$ 0.28	$ 3.76	$ 3.74	$ 0.31
Net (loss) income per diluted share attributable to CAI common stockholders	$ 0.89	$ 1.03	$ 0.97	$ 0.83	$ 1.81	$ 0.90	$ 0.65	$ 0.27	$ 3.71	$ 3.68	$ 0.31

Schedule II Valuation Accounts

Schedule II Valuation Accounts (Details) - Allowance For Doubtful Accounts [Member] - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		$ 1,440	$ 1,340	$ 548
Net Additions to Expense		492	402	3,151
(Deductions)/Recoveries	[1]	110	(302)	(2,359)
Balance at End of Period		$ 2,042	$ 1,440	$ 1,340
[1]	Primarily consists of write-offs, net of recoveries and other adjustments