CAI International (CAI) 10-Q 1 Nov 19 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Entity Listings [Line Items]
Entity Registrant Name	CAI International, Inc.
Entity Filer Category	Accelerated Filer
Entity Central Index Key	0001388430
Amendment Flag	false
Document Type	10-Q
Document Fiscal Period Focus	Q3
Trading Symbol	CAI
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		17,425,754
Entity Emerging Growth Company	false
Entity Small Business	false
Entity File Number	001-33388
Entity Address, Address Line One	Steuart Tower, 1 Market Plaza, Suite 2400
Entity Address, City or Town	San Francisco
Entity Address, Postal Zip Code	94105
Entity Address, State or Province	CA
City Area Code	415
Local Phone Number	788-0100
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Entity Listings [Line Items]
Trading Symbol	CAI-PA
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Entity Listings [Line Items]
Trading Symbol	CAI-PB

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Current assets
Accounts receivable, net of allowance for doubtful accounts of $3,626 and $2,042 at September 30, 2019 and December 31, 2018, respectively		$ 93,142	$ 95,942
Current portion of net investment in sales-type and direct finance leases		66,977	75,975
Assets held for sale		284,791	449,730
Prepaid expenses and other current assets		6,394	1,525
Total current assets		499,579	668,487
Restricted cash		27,755	30,668
Rental equipment, net of accumulated depreciation of $598,545 and $557,559 at September 30, 2019 and December 31, 2018, respectively		1,889,266	1,816,794
Net investment in sales-type and direct finance leases		472,790	473,792
Financing receivable		31,661
Goodwill		15,794	15,794
Intangible assets, net of accumulated amortization of $6,605 and $5,397 at September 30, 2019 and December 31, 2018, respectively		4,525	5,733
Other non-current assets		9,364	1,349
Total assets	[1]	2,950,734	3,012,617
Current liabilities
Accounts payable		10,668	7,371
Accrued expenses and other current liabilities		25,981	25,069
Unearned revenue		6,355	7,573
Current portion of debt		309,500	311,381
Rental equipment payable		54,202	74,139
Total current liabilities		406,706	425,533
Debt		1,819,649	1,847,633
Deferred income tax liability		33,054	38,319
Other non-current liabilities		5,333
Total liabilities	[2]	2,264,742	2,311,485
Stockholders' equity
Common stock, par value $0.0001 per share; authorized 84,000,000 shares; issued and outstanding 17,425,754 and 18,764,459 shares at September 30, 2019 and December 31, 2018, respectively		2	2
Additional paid-in capital		101,317	132,666
Accumulated other comprehensive loss		(6,845)	(6,513)
Retained earnings		487,653	471,112
Total stockholders' equity		685,992	701,132
Total liabilities and stockholders' equity		2,950,734	3,012,617
Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, par value $0.0001 per share; authorized 10,000,000		54,990	54,990
Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock [Member]
Stockholders' equity
Preferred stock, par value $0.0001 per share; authorized 10,000,000		48,875	48,875
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]
Current assets
Cash		21,503	20,104
Variable Interest Entity, Primary Beneficiary [Member]
Current assets
Cash		26,772	25,211
Rental equipment, net of accumulated depreciation of $598,545 and $557,559 at September 30, 2019 and December 31, 2018, respectively		108,323	71,958
Net investment in sales-type and direct finance leases		6,101	13,862
Current liabilities
Current portion of debt		28,650	41,066
Debt		$ 108,487	$ 67,615
[1]	Total assets at September 30, 2019 and December 31, 2018 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $26,772 and $25,211; Net investment in direct finance leases, $6,101 and $13,862; and Rental equipment, net of accumulated depreciation, $108,323, and $71,958, respectively.
[2]	Total liabilities at September 30, 2019 and December 31, 2018 include the following VIE liabilities for which the VIE creditors do not have recourse to CAI International, Inc.: Current portion of debt, $28,650 and $41,066; Debt, $108,487 and $67,615, respectively.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Current assets
Accounts receivable, allowance for doubtful accounts	$ 3,626	$ 2,042
Rental equipment net of accumulated depreciation	1,889,266	1,816,794
Rental equipment, accumulated depreciation	598,545	557,559
Net investment in direct finance leases	472,790	473,792
Intangible assets, accumulated amortization	6,605	5,397
Current liabilities
Current portion of debt	309,500	311,381
Debt	$ 1,819,649	$ 1,847,633
Stockholders' equity
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	84,000,000	84,000,000
Common stock, shares issued	17,425,754	18,764,459
Common stock, shares outstanding	17,425,754	18,764,459
Variable Interest Entity, Primary Beneficiary [Member]
Current assets
Cash	$ 26,772	$ 25,211
Rental equipment net of accumulated depreciation	108,323	71,958
Net investment in direct finance leases	6,101	13,862
Current liabilities
Current portion of debt	28,650	41,066
Debt	$ 108,487	$ 67,615
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	2,199,610
Preferred stock, shares outstanding	2,199,610	2,199,610
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	1,955,000
Preferred stock, shares outstanding	1,955,000	1,955,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue
Total revenue	$ 107,570	$ 106,693	$ 316,373	$ 289,549
Operating expenses
Depreciation of rental equipment	28,750	27,735	85,819	79,016
Storage, handling and other expenses	4,672	2,506	12,631	5,803
Logistics transportation costs	27,037	27,541	77,647	70,536
Gain on sale of rental equipment	(2,411)	(2,633)	(5,436)	(7,530)
Administrative expenses	12,702	11,895	38,110	33,445
Total operating expenses	70,750	67,044	208,771	181,270
Operating income	36,820	39,649	107,602	108,279
Other expenses
Net interest expense	20,123	15,811	60,049	43,758
Other expense	380	116	537	510
Total other expenses	20,503	15,927	60,586	44,268
Income before income taxes	16,317	23,722	47,016	64,011
Income tax expense	1,152	1,403	2,871	3,197
Income from continuing operations	15,165	22,319	44,145	60,814
Loss from discontinued operations, net of income taxes	(19,912)	(565)	(20,983)	(1,625)
Net (loss) income	(4,747)	21,754	23,162	59,189
Preferred stock dividends	2,207	1,748	6,621	2,917
Net (loss) income attributable to CAI common stockholders	(6,954)	20,006	16,541	56,272
Amounts attributable to CAI common stockholders
Net income from continuing operations	12,958	20,571	37,524	57,897
Net loss from discontinued operations	$ (19,912)	$ (565)	$ (20,983)	$ (1,625)
Basic
Continuing operations	$ 0.75	$ 1.07	$ 2.10	$ 2.93
Discontinued operations	(1.15)	(0.03)	(1.17)	(0.08)
Total basic	(0.40)	1.04	0.93	2.85
Diluted
Continuing operations	0.74	1.06	2.07	2.90
Discontinued operations	(1.14)	(0.03)	(1.16)	(0.09)
Total diluted	$ (0.40)	$ 1.03	$ 0.91	$ 2.81
Weighted average shares outstanding
Basic	17,330,000	19,214,000	17,850,000	19,741,000
Diluted	17,525,000	19,492,000	18,122,000	19,997,000
Container Lease Revenue [Member]
Revenue
Total revenue	$ 77,300	$ 75,331	$ 228,585	$ 208,298
Logistics Revenue [Member]
Revenue
Total revenue	$ 30,270	$ 31,362	$ 87,788	$ 81,251

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME [Abstract]
Net (loss) income	$ (4,747)	$ 21,754	$ 23,162	$ 59,189
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	(256)	(19)	(332)	(257)
Comprehensive (loss) income before preferred stock dividends	(5,003)	21,735	22,830	58,932
Dividends on preferred stock	(2,207)	(1,748)	(6,621)	(2,917)
Comprehensive (loss) income available to CAI common stockholders	$ (7,210)	$ 19,987	$ 16,209	$ 56,015

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balances at Dec. 31, 2017		$ 2	$ 172,325	$ (6,122)	$ 397,640	$ 563,845
Balances, Shares at Dec. 31, 2017		20,391,000
Net income					17,138	17,138
Preferred stock dividends					(21)	(21)
Foreign currency translation adjustment				310		310
Issuance of common and preferred stock, net of offering costs	$ 40,000		956			40,956
Issuance of common and preferred stock, net of offering costs, Shares	1,600,000	100,000
Stock-based compensation			592			592
Stock-based compensation, Shares		2,000
Balances at Mar. 31, 2018	$ 40,000	$ 2	173,873	(5,812)	414,757	622,820
Balances, Shares at Mar. 31, 2018	1,600,000	20,493,000
Balances at Dec. 31, 2017		$ 2	172,325	(6,122)	397,640	563,845
Balances, Shares at Dec. 31, 2017		20,391,000
Net income						59,189
Preferred stock dividends						(2,917)
Foreign currency translation adjustment						(257)
Balances at Sep. 30, 2018	$ 103,865	$ 2	145,069	(6,379)	453,912	696,469
Balances, Shares at Sep. 30, 2018	4,155,000	19,306,000
Balances at Mar. 31, 2018	$ 40,000	$ 2	173,873	(5,812)	414,757	622,820
Balances, Shares at Mar. 31, 2018	1,600,000	20,493,000
Net income					20,297	20,297
Preferred stock dividends					(1,148)	(1,148)
Foreign currency translation adjustment				(548)		(548)
Issuance of common and preferred stock, net of offering costs	$ 14,990					14,620
Issuance of common and preferred stock, net of offering costs			(370)
Issuance of common and preferred stock, net of offering costs, Shares	600,000
Repurchase of common stock			(27,946)			(27,946)
Repurchase of common stock, Shares		(1,225,000)
Stock-based compensation			653			653
Stock-based compensation, Shares		38,000
Balances at Jun. 30, 2018	$ 54,990	$ 2	146,210	(6,360)	433,906	628,748
Balances, Shares at Jun. 30, 2018	2,200,000	19,306,000
Net income					21,754	21,754
Preferred stock dividends					(1,748)	(1,748)
Foreign currency translation adjustment				(19)		(19)
Issuance of common and preferred stock, net of offering costs	$ 48,875					46,982
Issuance of common and preferred stock, net of offering costs			(1,893)
Issuance of common and preferred stock, net of offering costs, Shares	1,955,000
Stock-based compensation			752			752
Balances at Sep. 30, 2018	$ 103,865	$ 2	145,069	(6,379)	453,912	696,469
Balances, Shares at Sep. 30, 2018	4,155,000	19,306,000
Balances at Dec. 31, 2018	$ 103,865	$ 2	132,666	(6,513)	471,112	701,132
Balances, Shares at Dec. 31, 2018	4,155,000	18,764,000
Net income					18,574	18,574
Preferred stock dividends					(2,207)	(2,207)
Foreign currency translation adjustment				(81)		(81)
Repurchase of common stock			(13,946)			(13,946)
Repurchase of common stock, Shares		(595,000)
Stock-based compensation			837			837
Stock-based compensation, Shares		39,000
Balances at Mar. 31, 2019	$ 103,865	$ 2	119,557	(6,594)	487,479	704,309
Balances, Shares at Mar. 31, 2019	4,155,000	18,208,000
Balances at Dec. 31, 2018	$ 103,865	$ 2	132,666	(6,513)	471,112	701,132
Balances, Shares at Dec. 31, 2018	4,155,000	18,764,000
Net income						23,162
Preferred stock dividends						(6,621)
Foreign currency translation adjustment						(332)
Repurchase of common stock						$ (34,100)
Repurchase of common stock, Shares						(1,500,000)
Balances at Sep. 30, 2019	$ 103,865	$ 2	101,317	(6,845)	487,653	$ 685,992
Balances, Shares at Sep. 30, 2019	4,155,000	17,426,000
Balances at Mar. 31, 2019	$ 103,865	$ 2	119,557	(6,594)	487,479	704,309
Balances, Shares at Mar. 31, 2019	4,155,000	18,208,000
Net income					9,335	9,335
Preferred stock dividends					(2,207)	(2,207)
Foreign currency translation adjustment				5		5
Repurchase of common stock		$ (863)	(20,172)			(20,172)
Stock-based compensation			916			916
Stock-based compensation, Shares		75,000
Balances at Jun. 30, 2019	$ 103,865	$ 2	100,301	(6,589)	494,607	692,186
Balances, Shares at Jun. 30, 2019	4,155,000	17,420,000
Net income					(4,747)	(4,747)
Preferred stock dividends					(2,207)	(2,207)
Foreign currency translation adjustment				(256)		$ (256)
Repurchase of common stock, Shares						0
Stock-based compensation			1,016			$ 1,016
Stock-based compensation, Shares		6,000
Balances at Sep. 30, 2019	$ 103,865	$ 2	$ 101,317	$ (6,845)	$ 487,653	$ 685,992
Balances, Shares at Sep. 30, 2019	4,155,000	17,426,000

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY [Abstract]
Preferred Stock, Dividends Per Share	$ 0.53125	$ 0.53125	$ 0.53125	$ 0.53125	$ 0.53125	$ 0.01181

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities
Net income		$ 23,162	$ 59,189
Loss from discontinued operations, net of income taxes		(20,983)	(1,625)
Income from continuing operations		44,145	60,814
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Depreciation		85,988	79,128
Amortization of debt issuance costs		3,005	2,648
Amortization of intangible assets		1,208	1,538
Stock-based compensation expense		2,142	1,888
Unrealized loss on foreign exchange		345	317
Gain on sale of rental equipment		(5,436)	(7,530)
Deferred income taxes		1,260	2,424
Bad debt expense (recovery)		1,224	(149)
Changes in other operating assets and liabilities:
Accounts receivable		2,556	(6,889)
Prepaid expenses and other assets		398	(1,611)
Net investment in sales-type and direct finance leases		45,400
Accounts payable, accrued expenses and other liabilities		4,057	(477)
Unearned revenue		(151)	(86)
Net cash provided by operating activities of continuing operations		186,141	132,015
Net cash provided by operating activities of discontinued operations		2,016	7,572
Net cash provided by operating activities		188,157	139,587
Cash flows from investing activities
Purchase of rental equipment	[1]	(256,469)	(477,703)
Purchase of financing receivable		(37,139)
Proceeds from sale of rental equipment		56,422	43,645
Purchase of furniture, fixtures and equipment		(1,720)	(393)
Receipt of principal payments from financing receivable		1,825
Receipt of principal payments from sales-type and direct finance leases			26,982
Net cash used in investing activities of continuing operations		(237,081)	(407,469)
Net cash provided by (used in) investing activities of discontinued operations		123,199	(50,800)
Net cash used in investing activities		(113,882)	(458,269)
Cash flows from financing activities
Proceeds from debt		500,582	1,227,412
Principal payments on debt		(419,908)	(981,465)
Debt issuance costs		(724)	(9,882)
Proceeds from issuance of common and preferred stock			103,681
Repurchase of common stock		(34,118)	(27,946)
Dividends paid to preferred stockholders		(6,620)	(1,376)
Exercise of stock options		532	24
Net cash provided by financing activities of continuing operations		39,744	310,448
Net cash (used in) provided by financing activities of discontinued operations		(113,098)	31,011
Net cash (used in) provided by financing activities		(73,354)	341,459
Effect on cash of foreign currency translation		(874)	(23)
Net increase in cash and restricted cash		47	22,754
Cash and restricted cash at beginning of the period	[2]	75,983	47,209
Cash and restricted cash at end of the period	[3]	76,030	69,963
Cash paid during the period for:
Income taxes		559	378
Interest		65,330	51,168
Supplemental disclosure of non-cash operating activity
Lease liabilities arising from obtaining right-of-use assets		5,306
Supplemental disclosure of non-cash investing and financing activity
Transfer of rental equipment to sales-type and direct finance lease		52,895	271,938
Transfer of sales-type and direct finance lease to rental equipment		14,432
Rental equipment payable		$ 54,202	$ 257,947
[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 $20,104 and $14,735, cash held by variable interest entities of $25,211 and $20,685, and restricted cash of $30,668 and $11,789 at December 31, 2018 and 2017, respectively.
[3]	Includes cash of $21,503 and $14,550, cash held by variable interest entities of $26,772 and $23,779, and restricted cash of $27,755 and $31,634 at September 30, 2019 and 2018, respectively.

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Restricted cash	$ 27,755	$ 30,668	$ 31,634	$ 11,789
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]
Cash	21,503	20,104	14,550	14,735
Variable Interest Entity, Primary Beneficiary [Member]
Cash	$ 26,772	$ 25,211	$ 23,779	$ 20,685

The Company And Nature Of Opera

The Company And Nature Of Operations	9 Months Ended
	Sep. 30, 2019
The Company And Nature Of Operations [Abstract]
The Company And Nature Of Operations	(1) The Company and Nature of Operations  Organization 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. 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 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. Basis of Presentation The accompanying unaudited consolidated financial statements include the financial statements of CAI International, Inc. and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all normal, recurring adjustments necessary to present fairly the Company’s financial position as of September 30, 2019 and December 31, 2018, the Company’s results of operations for the three and nine months ended September 30, 2019 and 2018, and the Company’s cash flows for the nine months ended September 30, 2019 and 2018. Certain reclassifications have been made to prior year financial statements to conform to the current presentation. The results of operations and cash flows for the periods presented are not necessarily indicative of the results of operations or cash flows which may be reported for the remainder of 2019 or in any future period. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) have been condensed or omitted. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 5, 2019. Discontinued Operations In the quarter ended June 30, 2019, the Company committed to a plan to sell its railcar assets and to reallocate the capital invested in its rail business to other investments. As a result, the railcar assets have been reclassified as held for sale in the accompanying unaudited consolidated balance sheets and the operations of the rail business have been reclassified as discontinued operations in the accompanying unaudited consolidated statements of operations and cash flows. All prior periods presented in these unaudited consolidated financial statements have been restated to reflect the reclassification of the railcar business as discontinued operations and assets held for sale. See Note 3 – Discontinued Operations for more information.

Accounting Policies And Recent

Accounting Policies And Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2019
Accounting Policies And Recent Accounting Pronouncements [Abstract]
Accounting Policies And Recent Accounting Pronouncements	(2) Accounting Policies and Recent Accounting Pronouncements Recent Accounting Pronouncements In February 2016, the F inancial A ccounting S tandards B oard (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) (ASU 2016-02), and subsequently issued amendments thereto, that replaced existing lease accounting guidance. The new standard requires lessors to classify leases as a sales-type, direct financing, or operating lease. A lease is a sales-type lease if any of five criteria are met, each of which indicate that the lease, in effect, transfers control of the underlying asset to the lessee. If none of those five criteria are met, but two additional criteria are both met, indicating that the lessor has transferred substantially all of the risks and benefits of the underlying asset to the lessee and a third-party, the lease is a direct financing lease. All leases that are not sales-type or direct financing leases are operating leases. The new standard also established a right-of-use model (ROU) that requires lessees to recognize an ROU asset and lease liability on the balance sheet for all leases with a term longer than twelve months. The Company adopted ASU 2016-02, as amended, effective January 1, 2019, using the modified retrospective approach and the effective date as the date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. In addition, the Company elected the following practical expedients permitted under the transition guidance within the new standard: (1) the “package of practical expedients,” which does not require the Company to reassess under the new standard its prior conclusions about lease identification, lease classification, and initial direct costs, (2) the short-term lease recognition exemption for its office space leases of twelve months or less, which resulted in the Company not recognizing an ROU asset or lease liability for these leases, and (3) the practical expedient to not separate lease and non-lease components for leases that qualify for the practical expedient. Adoption of the new standard resulted in the recognition of operating lease ROU assets of $3.7 million and operating lease liabilities of $4.1 million as of January 1, 2019. Adoption did not have an impact on the Company’s consolidated statements of operations or cash flows. Except as described above, there were no changes to the Company’s accounting policies during the nine months ended September 30 , 2019. See Note 2 to the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on March 5, 2019, for a description of the Company’s significant accounting policies. Accounting Policies (a) Container and Rail Lease Revenue The Company recognizes revenue from operating leases of its 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. Sales-type and f inance lease income , and interest earned on financing receivables are recognized using the effective interest method, which generates a constant rate of interest over the term of the arrangement . Certain leases include one or more options to renew or purchase the leased rental equipment. The exercise of lease renewal or equipment purchase options is at the sole discretion of the customer. Included in lease revenue is revenue consisting primarily of fees charged to the lessee for handling, delivery, and repairs . These activities are considered non-lease components of the contract, which are generally accounted for separately from the lease component, and revenue is recognized as earned in accordance with Accounting Standards Codification (ASC) Topic 606, Revenue Recognition . For certain leases of railcar equipment, the Company is responsible for the repair and maintenance of the railcars throughout the lease term. For such leases, the lease and non-lease component are combined as a single lease component, and revenue is recognized as earned in accordance with ASC Topic 842, Leases . 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. (b) Leases The Company leases office space under operating leases with expiration dates through 2025. The Company determines whether an arrangement constitutes a lease and records lease liabilities and ROU assets on its consolidated balance sheets at lease commencement. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU assets also include any lease pre-payments made and exclude lease incentives. Certain of the Company’s leases include one or more options to renew, which are included in the lease term only when it is reasonably certain that the Company will exercise that option. The Company’s office space leases often include lease and non-lease components, which are combined and accounted for as a single lease component. For short-term leases, the Company records rent expense in its consolidated statements of operations on a straight-line basis over the lease term and records variable lease payments as incurred.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2019
Discontinued Operations [Abstract]
Discontinued Operations	(3) Discontinued Operations  As discussed in Note 1, railcar assets of $284.8 million and $449.7 million were reclassified as held for sale as of September 30, 2019 and December 31, 2018, respectively, and the related operations of the rail business as discontinued operations in the accompanying unaudited consolidated statements of operations and cash flows. The Company’s held for sale railcar assets as of the dates indicated are made up as follows (in thousands):     September 30, December 31,  2019 2018  Rental equipment $ 315,868 $ 448,466  Other assets 1,878 1,264  Loss on classification as held for sale (7,323) -  Impairment of rental equipment (25,632) -  Assets held for sale $ 284,791 $ 449,730 Other assets and liabilities of the rail business, including accounts receivable, accrued expenses and other liabilities, deferred tax liabilities and debt, have not been classified as held for sale in the consolidated balance sheets as of September 30, 2019 and December 31, 2018 as they will not be sold by the Company. The rail debt will be repaid upon the sale of the railcar assets. During the three months ended June 30, 2019, a loss of $7.3 million was recorded when the assets of the railcar business were reclassified as held for sale. During the three months ended September 30, 2019, the Company incurred an additional impairment charge of $25.6 million to reduce the book value of its railcar portfolio to its estimated fair value. To assist the Company in its assessment of fair value, a third-party desk top appraisal was carried out on the railcar fleet using the market value approach. The railcars were classified within Level 3 of the fair value hierarchy. The following table summarizes the components of net loss from discontinued operations in the accompanying unaudited consolidated statements of operations for the three and nine months ended September 30, 2019 and 2018 (in thousands):     Three Months Ended September 30, Nine Months Ended September 30,  2019 2018 2019 2018  Revenue  Rail lease revenue $ 5,871 $ 8,759 $ 20,214 $ 26,982   Operating expenses  Depreciation of rental equipment - 3,537 5,248 10,505  Storage, handling and other expenses 3,453 1,008 5,813 4,424  (Gain) loss on sale of rental equipment (757) 8 (9,418) (9)  Administrative expenses 620 974 2,977 2,825  Total operating expenses 3,316 5,527 4,620 17,745   Operating income 2,555 3,232 15,594 9,237   Interest expense 2,975 3,972 10,104 11,364  (Loss) income before income taxes (420) (740) 5,490 (2,127)   Loss on classification as held for sale and subsequent impairment 25,632 - 32,955 -  Loss from discontinued operations before income taxes (26,052) (740) (27,465) (2,127)  Income tax benefit (6,140) (175) (6,482) (502)  Net loss from discontinued operations $ (19,912) $ (565) $ (20,983) $ (1,625)  

Consolidation Of Variable Inter

Consolidation Of Variable Interest Entities	9 Months Ended
	Sep. 30, 2019
Consolidation Of Variable Interest Entities [Abstract]
Consolidation Of Variable Interest Entities	(4) Consolidation of Variable Interest Entities  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, a 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 power to direct the activities of a 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 containers funds, and does not consolidate those funds. No container portfolios were sold to the funds during the three and nine months ended September 30, 2019 and 2018. 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. 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 September 30, 2019 and December 31, 2018, and the results of the VIEs’ operations and cash flows for the three and nine months ended September 30, 2019 and 2018, in the Company’s consolidated financial statements. The containers that were transferred to the Japanese investor funds had a net book value of $114.4 million as of September 30, 2019. The container equipment, together with $26.8 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 sheets with the related liability presented in the debt section of the Company’s consolidated balance sheets as collateralized financing obligations of $99.4 million and term loans held by VIE of $37.8 million . No gain or loss was recognized by the Company on the initial consolidation of the VIEs. Containers sold to the Japanese investor funds during both the three and nine months ended September 30, 2019 had a net book value of $65.0 million. Containers sold to the Japanese investor during the three and nine months ended September 30, 2018 had a net book value of $14.6 million and $29.8 million, respectively.

Rental Equipment

Rental Equipment	9 Months Ended
	Sep. 30, 2019
Rental Equipment [Abstract]
Rental Equipment	(5) Rental Equipment  The following table provides a summary of the Company’s rental equipment (in thousands):      September 30, December 31,  2019 2018  Dry containers $ 1,966,688 $ 1,840,304  Refrigerated containers 298,202 341,983  Other specialized equipment 222,921 192,066  2,487,811 2,374,353  Accumulated depreciation (598,545) (557,559)  Rental equipment, net of accumulated depreciation $ 1,889,266 $ 1,816,794  

Net Investment In Sales-Type An

Net Investment In Sales-Type And Direct Finance Leases	9 Months Ended
	Sep. 30, 2019
Net Investment In Sales-Type And Direct Finance Leases [Abstract]
Net Investment In Sales-Type And Direct Finance Leases	(6) Net Investment in Sales-Type and Direct Finance Leases  The following table represents the components of the Company’s net investment in sales-type and direct finance leases (in thousands):     September 30, December 31,  2019 2018  Gross sales-type and finance lease receivables (1) $ 781,624 $ 804,511  Unearned income (2) (241,857) (254,744)  Net investment in sales-type and direct finance leases $ 539,767 $ 549,767 (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 sales-type and finance lease receivables. The gross sales-type and finance lease receivables are reduced as customer payments are received. There was $74.3 million and $74.4 million of unguaranteed residual value at September 30, 2019 and December 31, 2018, respectively, included in gross sales-type and finance lease receivables. There were no executory costs included in gross sales-type and finance lease receivables as of September 30, 2019 and December 31, 2018. (2) The difference between the gross sales-type and 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 September 30, 2019 and December 31, 2018. In order to estimate the allowance for losses contained in gross sales-type and 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 sales-type and finance lease receivables were as follows (in thousands):     September 30, December 31,  2019 2018  Tier 1 $ 714,921 $ 698,014  Tier 2 66,703 106,497  Tier 3 - -  $ 781,624 $ 804,511  Contractual maturities of the Company's gross sales-type and finance lease receivables subsequent to September 30, 2019 for the years ending September 30 are as follows (in thousands):      2020 $ 109,400  2021 98,955  2022 91,883  2023 91,211  2024 61,405  2025 and thereafter 328,770  $ 781,624

Financing Receivable

Financing Receivable	9 Months Ended
	Sep. 30, 2019
Financing Receivable [Abstract]
Financing Receivable	(7) Financing Receivable  The Company has entered into agreements with customers to purchase rental equipment and to lease the equipment back to the customers on a finance lease. As control of the equipment has been retained by the customers, the Company concluded that sale-leaseback accounting was not applicable and has treated the arrangements as financing transactions. The amount paid by the Company has been recorded as a financing receivable. Payments made by the customers are recorded as a reduction to the financing receivable and as interest income, calculated using the effective interest method. The following table summarizes the components of the Company’s financing receivable (in thousands):     September 30,  Financial statement caption 2019  Current Prepaid expenses and other current assets $ 3,653  Non-current Financing receivable 31,661  Total financing receivable $ 35,314  In order to estimate an allowance for losses from financing receivables, the Company reviews the credit worthiness of its customers on an ongoing basis. As of September 30, 2019, $34.6 million and $0.7 million of the Company’s financing receivable would be categorized as Tier 1 and Tier 2, respectively, based on the internal customer credit ratings as described in Note 6. 

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 30, 2019
Intangible Assets [Abstract]
Intangible Assets	(8) Intangible Assets  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  The Company’s intangible assets as of September 30, 2019 and December 31, 2018 were as follows (in thousands):       Gross Carrying Amount Accumulated Amortization Net Carrying Amount  September 30, 2019  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (4,819) 4,525  $ 11,130 $ (6,605) $ 4,525  December 31, 2018  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (3,611) 5,733  $ 11,130 $ (5,397) $ 5,733  Amortization expense was $ 0.4 million and $0. 5 million for the three months ended September 30, 2019 and 2018 , respectively, and $1.2 million and $1.5 million for the nine months ended September 30, 2019 and 2018, respectively, and was included in administrative expenses in the consolidated statements of operations. As of September 30, 2019 , estimated future amortization expenses are as follows (in thousands):      2020 $ 1,609  2021 1,609  2022 664  2023 474  2024 169  $ 4,525  

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	(9) Leases  Lessor The Company leases its rental equipment on either short-term operating leases through master lease agreements, long-term non-cancelable operating leases, or finance leases. The following table summarizes the components of lease revenue (in thousands):     Three months Nine months  ended ended  September 30, September 30,  2019 2019 Lease revenue - sales-type and direct finance leases Profit at lease commencement $ - $ - Interest income on lease receivable 11,112 33,436  11,112 33,436 Lease revenue - operating leases 62,002 184,464 Other revenue 3,499 9,404 Interest income on financing receivable 687 1,281 Total lease revenue $ 77,300 $ 228,585  The following represents future minimum rents receivable under long-term non-cancelable operating leases (in thousands):     As of  September 30,  2019 2020 $ 159,590 2021 138,980 2022 118,278 2023 84,772 2024 48,966 2025 and thereafter 85,945 Total $ 636,531     As of  December 31,  2018 2019 $ 158,252 2020 129,740 2021 112,111 2022 96,964 2023 66,864 2024 and thereafter 107,346 Total $ 671,277  See Note 6 for contractual maturities of the Company’s gross sales-type and finance lease receivables. Lessee The Company has entered into various non-cancelable office space leases with original lease periods expiring between 2019 and 2025. As of September 30, 2019, operating lease ROU assets of $6.8 million were reported in other non-current assets in the consolidated balance sheets. As of September 30, 2019, total operating lease liabilities were $ 7.7 million, of which $2.4 million are due within one year and $5.3 million are due beyond one year and were recorded in accrued expenses and other current liabilities and other non-current liabilities, respectively, in the consolidated balance sheets. Certain leases provide for increases in future minimum annual rental payments as defined in the lease agreements. Lease expense for lease payments is recognized on a straight-line basis over the lease term and is reported in administrative expenses in the consolidated statements of operations.  The following table summarizes the components of lease expense (in thousands):     Three months Nine months  ended ended  September 30, September 30,  2019 2019  Operating lease cost $ 684 $ 1,870  Short-term lease cost 19 50  Variable lease cost 112 269  Total lease cost $ 815 $ 2,189  The weighted-average remaining term of the Company’s operating leases was 3.2 years and the weighted-average discount rate used to measure the present value of the Company’s operating lease liabilities was 3.7% as of September 30, 2019. Maturities of the Company’s operating lease liabilities, which do not include short-term leases, as of September 30, 2019 were as follows (in thousands):     2020 $ 2,628  2021 2,612  2022 2,219  2023 499  2024 216  2025 and thereafter 39  Total lease payments 8,213  Less imputed interest (467)  Total operating lease liabilities $ 7,746  Cash paid for operating leases was $1.8 million during the nine months ended September 30, 2019.

Debt

Debt	9 Months Ended
	Sep. 30, 2019
Debt [Abstract]
Debt	(10) Debt  Details of the Company’s debt as of September 30, 2019 and December 31, 2018 were as follows (dollars in thousands):     September 30, 2019 December 31, 2018  Outstanding Average Outstanding Average  Current Long-term Interest Current Long-term Interest Maturity   Revolving credit $ - $ 480,000 3.5% $ 4,200 $ 301,000 4.2% June 2023  Revolving credit facility - Rail (1) (2) - 162,500 3.5% - 272,500 4.2% October 2023  Revolving credit facility - Euro 18,559 - 2.0% - 19,457 2.0% September 2020  Term loan 1,800 25,950 4.3% 1,800 27,300 4.5% April 2023  Term loan (3) 107,250 - 3.6% 111,750 - 3.8% October 2019  Term loan 7,000 70,250 3.8% 7,000 75,500 4.0% June 2021  Term loan (1) 1,273 14,325 3.4% 1,240 15,284 3.4% December 2020  Term loan (1) 2,989 38,399 3.6% 2,909 40,651 3.6% August 2021  Term loan 6,000 88,000 4.6% 6,000 92,500 4.6% October 2023  Senior secured notes 6,110 46,665 4.9% 6,110 52,775 4.9% September 2022  Asset-backed notes 2012-1 17,100 35,625 3.5% 17,100 48,450 3.5% October 2027  Asset-backed notes 2013-1 22,900 57,250 3.4% 22,900 74,425 3.4% March 2028  Asset-backed notes 2017-1 25,307 170,822 3.7% 25,307 189,802 3.7% June 2042  Asset-backed notes 2018-1 34,890 258,767 4.0% 34,890 284,935 4.0% February 2043  Asset-backed notes 2018-2 34,350 274,800 4.4% 34,350 300,563 4.4% September 2043  Collateralized financing obligations 23,455 75,917 1.5% 39,610 67,615 1.2% December 2021  Term loans held by VIE 5,195 32,570 4.2% 1,456 - 3.3% June 2019  314,178 1,831,840 316,622 1,862,757  Debt issuance costs (4,678) (12,191) (5,241) (15,124)  Total Debt $ 309,500 $ 1,819,649 $ 311,381 $ 1,847,633 (1) These facilities will be repaid upon the sale of the railcar assets. (2) The maximum credit commitment under the Rail revolving credit facility was decreased on October 1, 2019 from $550 million to $250 million. (3) Outstanding balance of $107.3 million was repaid on October 1, 2019.  The Company maintains its revolving credit facilities to finance the acquisition of rental equipment and for general working capital purposes. As of September 30 , 2019, the Company had $1,016.1 million in total availability under its revolving credit facilities (net of $0.1 million in letters of credit), subject to the Company’s ability to meet the collateral requirements under the agreements governing the facilities. Based on the borrowing base and collateral requirements at September 30, 2019 , the borrowing availability under the Company’s revolving credit facilities was $88.4 million, assuming no additional contributions of assets. On March 29, 2019, one of the Japanese investor funds that is consolidated by the Company as a VIE (see Note 4) entered into a term loan agreement with a bank. Under the terms of the term loan agreement, the Japanese investor fund entered into a seven -year, amortizing term loan of $40.8 million at a fixed interest rate of 4.2% . The term loan is secured by assets of the Japanese investor fund, and is subject to certain borrowing conditions set out in the term loan agreement. The agreements relating to all of the Company’s debt contain various financial and other covenants. As of September 30, 2019 , the Company was in compliance with all of its financial and other covenants. For further information on the Company’s debt instruments, see Note 8 to the consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on March 5, 2019.

Stock-Based Compensation Plan

Stock-Based Compensation Plan	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation Plan [Abstract]
Stock-Based Compensation Plan	(11) Stock–Based Compensation Plan  2019 Incentive Plan In June 2019, the Company’s stockholders approved the CAI International, Inc. 2019 Incentive Plan (2019 Plan), which replaces the CAI International, Inc. Amended and Restated 2007 Equity Incentive Plan (2007 Plan) . No further awards will be made under the 2007 Plan. Under the 2019 Plan, a maximum of 2,577,075 share awards may be granted. Under the 2019 Plan, the Company may grant incentive and nonqualified stock options, stock appreciation rights, restricted stock awards, restricted stock units, performance awards and other stock or cash-based awards. Stock Options Stock options granted to employees have a vesting period of four years from the grant date, with 25% vesting after one year, and 1/48th 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 nine months ended September 30, 2019 and 2018 :     Nine Months Ended September 30,  2019 2018  Weighted Weighted  Average Average  Number of Exercise Number of Exercise  Shares Price Shares Price  Options outstanding at January 1 850,167 $ 16.46 859,560 $ 16.44  Options exercised (138,723) $ 13.95 (9,393) $ 14.76  Options forfeited (3,000) $ 12.88 - $ -  Options expired (15,000) $ 25.53 - $ -  Options outstanding at September 30 693,444 $ 16.78 850,167 $ 16.46  Options exercisable 591,842 $ 17.42 625,263 $ 17.54  Weighted average remaining term 5.7 years 6.0 years  The aggregate intrinsic value of stock options exercised during the nine months ended September 30, 2019 and 2018 was $1.4 million and $0.1 million, respectively. The aggregate intrinsic value of all options outstanding as of September 30, 2019 was $3.7 million based on the closing price of the Company’s common stock of $21.77 per share on September 30, 2019 , the last trading day of the quarter. The Company recognized stock-based compensation expense relating to stock options of $0.2 million for both the three months ended September 30, 2019 and 2018 , and $0.6 million and $1.0 million for the nine months ended September 30, 2019 and 2018, respectively. As of September 30 , 2019 , the remaining unamortized stock-based compensation cost relating to stock options granted to the Company’s employees and independent directors was approximately $0.7 million, which is to be recognized over the remaining weighted average vesting period of approximately 1.1 years. The Company did not grant any stock options during the nine months ended September 30, 2019 and 2018. Restricted Stock and Performance Stock The Company grants restricted stock units and restricted stock awards from time to time to certain employees and independent directors pursuant to the 2019 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 common stock on the date of grant. The Company grants performance stock to certain 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 2019 Plan:     Weighted  Average  Number of Grant Date  Shares Fair Value  Outstanding at December 31, 2018 204,730 $ 20.45  Granted 166,939 $ 25.37  Vested (81,259) $ 20.89  Forfeited (8,674) $ 22.42  Outstanding at September 30, 2019 281,736 $ 23.18  The Company recognized stock-based compensation expense relating to restricted stock and performance stock awards of $0. 7 million and $0.5 million for the three months ended September 30, 2019 and 2018, respectively, and $1.8 million and $1.1 million for the nine months ended September 30, 2019 and 2018, respectively. As of September 30, 2019 , unamortized stock-based compensation expense relating to restricted stock and performance stock was $4.8 million , which will be recognized over the remaining average vesting period of 2.2 y ears. Stock-based compensation expense is recorded as a component of administrative expenses in the Company’s consolidated statements of operations with a corresponding credit to additional paid-in capital in the Company’s consolidated balance sheets. Employee Stock Purchase Plan In June 2019, the Company’s stockholders approved the CAI International, Inc. 2019 Employee Stock Purchase Plan (ESPP). The ESPP provides a means by which eligible employees may be given an opportunity to purchase shares of the Company’s common stock at a discount using payroll deductions. The ESPP authorizes the issuance of up to 250,000 shares of the Company’s common stock. The ESPP has not yet been implemented and no shares were issued under the ESPP during the three months ended September 30, 2019.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Taxes [Abstract]
Income Taxes	(12) Income Taxes  The consolidated income tax expense for the three and nine months ended September 30, 2019 and 2018 , was determined based upon estimates of the Company’s consolidated annual effective income tax rate for the years ending December 31, 2019 and 2018, respectively. The difference between the consolidated annual effective income tax rate and the U.S. federal statutory rate is primarily attributable to foreign income taxes, state income taxes and the effect of certain permanent differences. The Company’s estimated effective tax rate was 6.1% at September 30, 2019 , compared to 5.0% at September 30, 2018 . The Company accounts for uncertain tax positions based on an evaluation as to whether it is more likely than not that a position will be sustained on audit, including resolution of any related appeals or litigation processes. This evaluation is based on all available evidence and assumes that the appropriate tax authorities have full knowledge of all relevant information concerning the tax position. Once it has been determined that a tax position is more likely than not to be sustained on its technical merits, the tax benefit recognized is based on the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of September 30 , 2019 , the Company had unrecognized tax benefits of $0.3 million, which if recognized, would reduce the Company’s effective tax rate. Total accrued interest relating to unrecognized tax benefits was less than $0.1 million as of September 30 , 2019 . The Company does not believe the total amount of unrecognized tax benefits as of September 30 , 2019 will change for the remainder of 2019.

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	9 Months Ended
	Sep. 30, 2019
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	(13) Fair Value of Financial Instruments  The carrying amounts of cash, restricted cash, accounts receivable and accounts payable reflected in the balance sheets as of September 30, 2019 and December 31, 2018, approximate their fair value due to the short-term nature of these financial assets and liabilities. The carrying value of variable rate debt in the balance sheets as of September 30, 2019 and December 31, 2018 approximates fair value as the changes in their associated interest rates reflect the current market and credit risk is similar to when the loans were originally obtained. The principal balance of the Company’s fixed-rate term loans, asset-backed notes and collateralized financing obligations was $151.0 million, $931.8 million and $99.4 million as of September 30, 2019, with a fair value of approximately $153.7 million, $945.3 million and $100.8 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 in the fair value hierarchy. The principal balance of the Company’s asset-backed notes and collateralized financing obligations was $1,032.7 million and $107.2 million as of December 31, 2018, with a fair value of approximately $1,024.7 million and $108.9 million, respectively. Management believes that the balances of the Company’s senior secured notes of $52.8 million and $58.9 million and term loans held by VIE of $37.8 million and $1.5 million as of September 30, 2019 and December 31, 2018, respectively, fixed-rate term loans of $158.6 million as of December 31, 2018 , and financing receivable of $35.3 million as of September 30, 2019, approximate their fair values. The fair value of these financial instruments would be categorized as Level 2 in the fair value hierarchy.

Commitments And Contingencies

Commitments And Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies [Abstract]
Commitments And Contingencies	(14) Commitments and Contingencies  In addition to its debt obligations described in Note 9 above, the Company had commitments to purchase approximately $32.8 million of containers as of September 30, 2019, all in the twelve months ending September 30, 2020 . 

Stockholders_ Equity

Stockholders’ Equity	9 Months Ended
	Sep. 30, 2019
Stockholders’ Equity [Abstract]
Stockholders’ Equity	(15) Stockholders’ Equity Stock Repurchase Plan In October 2018, the Company announced that the Board of Directors approved the repurchase of up to three million shares of its outstanding common stock. The number, price, structure and timing of the repurchases, if any, will be at the Company’s sole discretion and will be evaluated by the Company depending on prevailing market conditions, corporate needs, and other factors. The stock repurchases may be made in the open market, block trades or privately negotiated transactions. This stock repurchase program replaces any available prior share repurchase authorization and may be discontinued at any time. During the nine months ended September 30, 2019, the Company repurchased 1.5 million shares of its common stock under this repurchase plan, at a cost of approximately $34.1 million. The Company did not repurchase any shares under this repurchase plan during the three months ended September 30, 2019. As of September 30, 2019, approximately 1.0 million shares remained available for repurchase under this share repurchase program. 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. The Company did not issue any shares under this ATM offering program during the nine months ended September 30, 2019. The Company has remaining capacity to issue and sell 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. 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. The Company did not issue any shares under this ATM offering program during the nine months ended September 30, 2019. The Company has remaining capacity to issue and sell 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. 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. For further information on the Company’s shareholders’ equity, see Note 14 to the consolidated financial statements in the Company’ Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on March 5, 2019.

Related Parties

Related Parties	9 Months Ended
	Sep. 30, 2019
Related Parties [Abstract]
Related Parties	(16) Related Parties  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 transactions. Mr. Ogawa is a member of the Company’s Board of Directors. The stock was purchase at a price of $22.81 per share, which represented a 2% discount to the closing price on the date of purchase. 

Segment And Geographic Informat

Segment And Geographic Information	9 Months Ended
	Sep. 30, 2019
Segment And Geographic Information [Abstract]
Segment And Geographic Information	(17) 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. As disclosed in Note 3, the Company’s railcar assets have been reclassified as held for sale in the accompanying unaudited consolidated balance sheets and the operations of the rail business have been reclassified as discontinued operations in the accompanying unaudited consolidated statements of operations. As a result, the Company will no longer report Rail leasing as a segment. The Company revised prior period information to conform to current period presentation. 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 logistics segment derives its revenue from the provision of logistics services. There are no material inter-segment revenues and operating expenses are directly attributable to each segment. The following tables show condensed segment information for the three and nine months ended September 30, 2019 and 2018 , reconciled to the Company’s income before income taxes as shown in its consolidated statements of operations for such periods (in thousands):     Three Months Ended September 30, 2019  Container Leasing Logistics Total  Total revenue $ 77,300 $ 30,270 $ 107,570  Operating expenses 39,668 30,679 70,347  Amortization of intangible assets - 403 403  Total operating expenses 39,668 31,082 70,750  Operating income (loss) 37,632 (812) 36,820  Net interest and other expenses (income) 20,507 (4) 20,503  Income (loss) before income taxes $ 17,125 $ (808) $ 16,317  Purchase of rental equipment (1) $ 89,027 $ - $ 89,027    Three Months Ended September 30, 2018  Container Leasing Logistics Total  Total revenue $ 75,331 $ 31,362 $ 106,693  Operating expenses 32,985 33,608 66,593  Amortization of intangible assets - 451 451  Total operating expenses 32,985 34,059 67,044  Operating income (loss) 42,346 (2,697) 39,649  Net interest and other expenses (income) 15,932 (5) 15,927  Income (loss) before income taxes $ 26,414 $ (2,692) $ 23,722  Purchase of rental equipment (1) $ 251,670 $ - $ 251,670     Nine Months Ended September 30, 2019  Container Leasing Logistics Total  Total revenue $ 228,585 $ 87,788 $ 316,373  Operating expenses 116,538 91,025 207,563  Amortization of intangible assets - 1,208 1,208  Total operating expenses 116,538 92,233 208,771  Operating income (loss) 112,047 (4,445) 107,602  Net interest and other expenses (income) 60,598 (12) 60,586  Income (loss) before income taxes $ 51,449 $ (4,433) $ 47,016  Purchase of rental equipment (1) $ 256,469 $ - $ 256,469      Nine Months Ended September 30, 2018  Container Leasing Logistics Total  Total revenue $ 208,298 $ 81,251 $ 289,549  Operating expenses 96,129 83,603 179,732  Amortization of intangible assets - 1,538 1,538  Total operating expenses 96,129 85,141 181,270  Operating income (loss) 112,169 (3,890) 108,279  Net interest and other expenses (income) 44,284 (16) 44,268  Income (loss) before income taxes $ 67,885 $ (3,874) $ 64,011  Purchase of rental equipment (1) $ 477,703 $ - $ 477,703  (1) Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indicated.  The summary below presents total assets for the Company's segments as of the dates indicated (in thousands):     September 30, 2019 December 31, 2018  Container leasing $ 2,611,755 $ 2,506,279  Logistics (2) 44,380 45,951  Rail (3) 294,599 460,387  Total assets $ 2,950,734 $ 3,012,617  (2) Includes goodwill of $15.8 million as of September 30, 2019 and December 31, 2018. (3) Represents total assets related to discontinued operations, including assets held for sale of $284.8 million and $449.7 million as of September 30, 2019 and December 31, 2018, respectively.  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 following table represents the geographic allocation of revenue for the periods indicated based on customers’ primary domicile (in thousands):     Three Months Ended Nine Months Ended  September 30, September 30,  2019 2018 2019 2018  United States $ 31,887 $ 33,162 $ 92,840 $ 86,706  Switzerland 13,837 13,929 41,712 36,246  Korea 10,807 8,707 31,361 21,927  Singapore 10,655 5,987 31,005 16,725  France 8,768 9,295 26,582 27,435  Other Asia 14,638 18,828 44,613 52,608  Other Europe 16,529 14,636 47,052 40,794  Other International 449 2,149 1,208 7,108  Total revenue $ 107,570 $ 106,693 $ 316,373 $ 289,549

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	(18) 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 three and nine months ended September 30, 2019 and 2018 (in thousands, except per share data):     Three Months Ended Nine Months Ended  September 30, September 30,  2019 2018 2019 2018  Numerator  Net income from continuing operations $ 12,958 $ 20,571 $ 37,524 $ 57,897  Net loss from discontinued operations (19,912) (565) (20,983) (1,625)  Net (loss) income attributable to CAI common stockholders $ (6,954) $ 20,006 $ 16,541 $ 56,272  Denominator  Weighted-average shares used in per share computation - basic 17,330 19,214 17,850 19,741  Effect of dilutive securities:  Stock options and restricted stock 195 278 272 256  Weighted-average shares used in per share computation - diluted 17,525 19,492 18,122 19,997   Net income (loss) per share attributable to CAI common  stockholders:  Basic  Continuing operations $ 0.75 $ 1.07 $ 2.10 $ 2.93  Discontinued operations $ (1.15) $ (0.03) $ (1.17) $ (0.08)  Total basic $ (0.40) $ 1.04 $ 0.93 $ 2.85  Diluted  Continuing operations $ 0.74 $ 1.06 $ 2.07 $ 2.90  Discontinued operations $ (1.14) $ (0.03) $ (1.16) $ (0.09)  Total diluted $ (0.40) $ 1.03 $ 0.91 $ 2.81  The calculation of diluted earnings per share for the three months ended September 30, 2019 and 2018 , excluded from the denominator 246,750 and 86,055 shares, respectively, of common stock options because their effect would have been anti-dilutive. The calculation of diluted earnings per share for the nine months ended September 30, 2019 and 2018 , excluded from the denominator 127,135 and 158,495 shares, respectively, of common stock options because their effect would have been anti-dilutive.

The Company And Nature Of Ope_2

The Company And Nature Of Operations (Policy)	9 Months Ended
	Sep. 30, 2019
The Company And Nature Of Operations [Abstract]
Basis Of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements include the financial statements of CAI International, Inc. and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited consolidated financial statements contain all normal, recurring adjustments necessary to present fairly the Company’s financial position as of September 30, 2019 and December 31, 2018, the Company’s results of operations for the three and nine months ended September 30, 2019 and 2018, and the Company’s cash flows for the nine months ended September 30, 2019 and 2018. Certain reclassifications have been made to prior year financial statements to conform to the current presentation. The results of operations and cash flows for the periods presented are not necessarily indicative of the results of operations or cash flows which may be reported for the remainder of 2019 or in any future period. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) have been condensed or omitted. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2018, included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 5, 2019.
Discontinued Operations	Discontinued Operations In the quarter ended June 30, 2019, the Company committed to a plan to sell its railcar assets and to reallocate the capital invested in its rail business to other investments. As a result, the railcar assets have been reclassified as held for sale in the accompanying unaudited consolidated balance sheets and the operations of the rail business have been reclassified as discontinued operations in the accompanying unaudited consolidated statements of operations and cash flows. All prior periods presented in these unaudited consolidated financial statements have been restated to reflect the reclassification of the railcar business as discontinued operations and assets held for sale. See Note 3 – Discontinued Operations for more information.

Accounting Policies And Recen_2

Accounting Policies And Recent Accounting Pronouncements (Policy)	9 Months Ended
	Sep. 30, 2019
Accounting Policies And Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the F inancial A ccounting S tandards B oard (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842) (ASU 2016-02), and subsequently issued amendments thereto, that replaced existing lease accounting guidance. The new standard requires lessors to classify leases as a sales-type, direct financing, or operating lease. A lease is a sales-type lease if any of five criteria are met, each of which indicate that the lease, in effect, transfers control of the underlying asset to the lessee. If none of those five criteria are met, but two additional criteria are both met, indicating that the lessor has transferred substantially all of the risks and benefits of the underlying asset to the lessee and a third-party, the lease is a direct financing lease. All leases that are not sales-type or direct financing leases are operating leases. The new standard also established a right-of-use model (ROU) that requires lessees to recognize an ROU asset and lease liability on the balance sheet for all leases with a term longer than twelve months. The Company adopted ASU 2016-02, as amended, effective January 1, 2019, using the modified retrospective approach and the effective date as the date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. In addition, the Company elected the following practical expedients permitted under the transition guidance within the new standard: (1) the “package of practical expedients,” which does not require the Company to reassess under the new standard its prior conclusions about lease identification, lease classification, and initial direct costs, (2) the short-term lease recognition exemption for its office space leases of twelve months or less, which resulted in the Company not recognizing an ROU asset or lease liability for these leases, and (3) the practical expedient to not separate lease and non-lease components for leases that qualify for the practical expedient. Adoption of the new standard resulted in the recognition of operating lease ROU assets of $3.7 million and operating lease liabilities of $4.1 million as of January 1, 2019. Adoption did not have an impact on the Company’s consolidated statements of operations or cash flows. Except as described above, there were no changes to the Company’s accounting policies during the nine months ended September 30 , 2019. See Note 2 to the audited consolidated financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on March 5, 2019, for a description of the Company’s significant accounting policies.
Container and Rail Lease Revenue	Container and Rail Lease Revenue The Company recognizes revenue from operating leases of its 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. Sales-type and f inance lease income , and interest earned on financing receivables are recognized using the effective interest method, which generates a constant rate of interest over the term of the arrangement . Certain leases include one or more options to renew or purchase the leased rental equipment. The exercise of lease renewal or equipment purchase options is at the sole discretion of the customer. Included in lease revenue is revenue consisting primarily of fees charged to the lessee for handling, delivery, and repairs . These activities are considered non-lease components of the contract, which are generally accounted for separately from the lease component, and revenue is recognized as earned in accordance with Accounting Standards Codification (ASC) Topic 606, Revenue Recognition . For certain leases of railcar equipment, the Company is responsible for the repair and maintenance of the railcars throughout the lease term. For such leases, the lease and non-lease component are combined as a single lease component, and revenue is recognized as earned in accordance with ASC Topic 842, Leases . 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.
Leases	Leases The Company leases office space under operating leases with expiration dates through 2025. The Company determines whether an arrangement constitutes a lease and records lease liabilities and ROU assets on its consolidated balance sheets at lease commencement. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU assets also include any lease pre-payments made and exclude lease incentives. Certain of the Company’s leases include one or more options to renew, which are included in the lease term only when it is reasonably certain that the Company will exercise that option. The Company’s office space leases often include lease and non-lease components, which are combined and accounted for as a single lease component. For short-term leases, the Company records rent expense in its consolidated statements of operations on a straight-line basis over the lease term and records variable lease payments as incurred.

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2019
Discontinued Operations [Abstract]
Summary Of Held For Sale Railcar Assets	  September 30, December 31,  2019 2018  Rental equipment $ 315,868 $ 448,466  Other assets 1,878 1,264  Loss on classification as held for sale (7,323) -  Impairment of rental equipment (25,632) -  Assets held for sale $ 284,791 $ 449,730 
Summary Of Components Of Income (Loss) From Discontinued Operations	  Three Months Ended September 30, Nine Months Ended September 30,  2019 2018 2019 2018  Revenue  Rail lease revenue $ 5,871 $ 8,759 $ 20,214 $ 26,982   Operating expenses  Depreciation of rental equipment - 3,537 5,248 10,505  Storage, handling and other expenses 3,453 1,008 5,813 4,424  (Gain) loss on sale of rental equipment (757) 8 (9,418) (9)  Administrative expenses 620 974 2,977 2,825  Total operating expenses 3,316 5,527 4,620 17,745   Operating income 2,555 3,232 15,594 9,237   Interest expense 2,975 3,972 10,104 11,364  (Loss) income before income taxes (420) (740) 5,490 (2,127)   Loss on classification as held for sale and subsequent impairment 25,632 - 32,955 -  Loss from discontinued operations before income taxes (26,052) (740) (27,465) (2,127)  Income tax benefit (6,140) (175) (6,482) (502)  Net loss from discontinued operations $ (19,912) $ (565) $ (20,983) $ (1,625) 

Rental Equipment (Tables)

Rental Equipment (Tables)	9 Months Ended
	Sep. 30, 2019
Rental Equipment [Abstract]
Schedule Of Rental Equipment	  September 30, December 31,  2019 2018  Dry containers $ 1,966,688 $ 1,840,304  Refrigerated containers 298,202 341,983  Other specialized equipment 222,921 192,066  2,487,811 2,374,353  Accumulated depreciation (598,545) (557,559)  Rental equipment, net of accumulated depreciation $ 1,889,266 $ 1,816,794 

Net Investment In Sales-Type _2

Net Investment In Sales-Type And Direct Finance Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Net Investment In Sales-Type And Direct Finance Leases [Abstract]
Components Of Net Investment In Direct Finance Leases	   September 30, December 31,  2019 2018  Gross sales-type and finance lease receivables (1) $ 781,624 $ 804,511  Unearned income (2) (241,857) (254,744)  Net investment in sales-type and direct finance leases $ 539,767 $ 549,767 (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 sales-type and finance lease receivables. The gross sales-type and finance lease receivables are reduced as customer payments are received. There was $74.3 million and $74.4 million of unguaranteed residual value at September 30, 2019 and December 31, 2018, respectively, included in gross sales-type and finance lease receivables. There were no executory costs included in gross sales-type and finance lease receivables as of September 30, 2019 and December 31, 2018. (2) The difference between the gross sales-type and 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 September 30, 2019 and December 31, 2018.
Gross Finance Lease Receivables By Customer Categories	   September 30, December 31,  2019 2018  Tier 1 $ 714,921 $ 698,014  Tier 2 66,703 106,497  Tier 3 - -  $ 781,624 $ 804,511 
Contractual Maturities Of Gross Finance Lease Receivables	  2020 $ 109,400  2021 98,955  2022 91,883  2023 91,211  2024 61,405  2025 and thereafter 328,770  $ 781,624 

Financing Receivable (Tables)

Financing Receivable (Tables)	9 Months Ended
	Sep. 30, 2019
Financing Receivable [Abstract]
Summary Of Components Of Financing Receivable	  September 30,  Financial statement caption 2019  Current Prepaid expenses and other current assets $ 3,653  Non-current Financing receivable 31,661  Total financing receivable $ 35,314 

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Intangible Assets [Abstract]
Schedule Of Estimated Useful Lives	  Trademarks and tradenames 2 - 3 years Customer relationships 5 - 8 years 
Schedule Of Intangible Assets	   Gross Carrying Amount Accumulated Amortization Net Carrying Amount  September 30, 2019  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (4,819) 4,525  $ 11,130 $ (6,605) $ 4,525  December 31, 2018  Trademarks and tradenames $ 1,786 $ (1,786) $ -  Customer relationships 9,344 (3,611) 5,733  $ 11,130 $ (5,397) $ 5,733 
Schedule Of Estimated Future Amortization Expenses	  2020 $ 1,609  2021 1,609  2022 664  2023 474  2024 169  $ 4,525 

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Components Of Lease Expense	  Three months Nine months  ended ended  September 30, September 30,  2019 2019  Operating lease cost $ 684 $ 1,870  Short-term lease cost 19 50  Variable lease cost 112 269  Total lease cost $ 815 $ 2,189 
Maturities Of Operating Lease Liabilities	   2020 $ 2,628  2021 2,612  2022 2,219  2023 499  2024 216  2025 and thereafter 39  Total lease payments 8,213  Less imputed interest (467)  Total operating lease liabilities $ 7,746 

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Debt [Abstract]
Schedule Of Debt	     September 30, 2019 December 31, 2018  Outstanding Average Outstanding Average  Current Long-term Interest Current Long-term Interest Maturity   Revolving credit $ - $ 480,000 3.5% $ 4,200 $ 301,000 4.2% June 2023  Revolving credit facility - Rail (1) (2) - 162,500 3.5% - 272,500 4.2% October 2023  Revolving credit facility - Euro 18,559 - 2.0% - 19,457 2.0% September 2020  Term loan 1,800 25,950 4.3% 1,800 27,300 4.5% April 2023  Term loan (3) 107,250 - 3.6% 111,750 - 3.8% October 2019  Term loan 7,000 70,250 3.8% 7,000 75,500 4.0% June 2021  Term loan (1) 1,273 14,325 3.4% 1,240 15,284 3.4% December 2020  Term loan (1) 2,989 38,399 3.6% 2,909 40,651 3.6% August 2021  Term loan 6,000 88,000 4.6% 6,000 92,500 4.6% October 2023  Senior secured notes 6,110 46,665 4.9% 6,110 52,775 4.9% September 2022  Asset-backed notes 2012-1 17,100 35,625 3.5% 17,100 48,450 3.5% October 2027  Asset-backed notes 2013-1 22,900 57,250 3.4% 22,900 74,425 3.4% March 2028  Asset-backed notes 2017-1 25,307 170,822 3.7% 25,307 189,802 3.7% June 2042  Asset-backed notes 2018-1 34,890 258,767 4.0% 34,890 284,935 4.0% February 2043  Asset-backed notes 2018-2 34,350 274,800 4.4% 34,350 300,563 4.4% September 2043  Collateralized financing obligations 23,455 75,917 1.5% 39,610 67,615 1.2% December 2021  Term loans held by VIE 5,195 32,570 4.2% 1,456 - 3.3% June 2019  314,178 1,831,840 316,622 1,862,757  Debt issuance costs (4,678) (12,191) (5,241) (15,124)  Total Debt $ 309,500 $ 1,819,649 $ 311,381 $ 1,847,633 (1) These facilities will be repaid upon the sale of the railcar assets. (2) The maximum credit commitment under the Rail revolving credit facility was decreased on October 1, 2019 from $550 million to $250 million. (3) Outstanding balance of $107.3 million was repaid on October 1, 2019. 

Stock-Based Compensation Plan (

Stock-Based Compensation Plan (Tables)	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation Plan [Abstract]
Summary Of Stock Option Activities	   Nine Months Ended September 30,  2019 2018  Weighted Weighted  Average Average  Number of Exercise Number of Exercise  Shares Price Shares Price  Options outstanding at January 1 850,167 $ 16.46 859,560 $ 16.44  Options exercised (138,723) $ 13.95 (9,393) $ 14.76  Options forfeited (3,000) $ 12.88 - $ -  Options expired (15,000) $ 25.53 - $ -  Options outstanding at September 30 693,444 $ 16.78 850,167 $ 16.46  Options exercisable 591,842 $ 17.42 625,263 $ 17.54  Weighted average remaining term 5.7 years 6.0 years 
Summary Of Restricted Stock and Performance Stock Activity	   Weighted  Average  Number of Grant Date  Shares Fair Value  Outstanding at December 31, 2018 204,730 $ 20.45  Granted 166,939 $ 25.37  Vested (81,259) $ 20.89  Forfeited (8,674) $ 22.42  Outstanding at September 30, 2019 281,736 $ 23.18 

Segment And Geographic Inform_2

Segment And Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2019
Segment And Geographic Information [Abstract]
Schedule Of Segment Information	    Three Months Ended September 30, 2019  Container Leasing Logistics Total  Total revenue $ 77,300 $ 30,270 $ 107,570  Operating expenses 39,668 30,679 70,347  Amortization of intangible assets - 403 403  Total operating expenses 39,668 31,082 70,750  Operating income (loss) 37,632 (812) 36,820  Net interest and other expenses (income) 20,507 (4) 20,503  Income (loss) before income taxes $ 17,125 $ (808) $ 16,317  Purchase of rental equipment (1) $ 89,027 $ - $ 89,027    Three Months Ended September 30, 2018  Container Leasing Logistics Total  Total revenue $ 75,331 $ 31,362 $ 106,693  Operating expenses 32,985 33,608 66,593  Amortization of intangible assets - 451 451  Total operating expenses 32,985 34,059 67,044  Operating income (loss) 42,346 (2,697) 39,649  Net interest and other expenses (income) 15,932 (5) 15,927  Income (loss) before income taxes $ 26,414 $ (2,692) $ 23,722  Purchase of rental equipment (1) $ 251,670 $ - $ 251,670     Nine Months Ended September 30, 2019  Container Leasing Logistics Total  Total revenue $ 228,585 $ 87,788 $ 316,373  Operating expenses 116,538 91,025 207,563  Amortization of intangible assets - 1,208 1,208  Total operating expenses 116,538 92,233 208,771  Operating income (loss) 112,047 (4,445) 107,602  Net interest and other expenses (income) 60,598 (12) 60,586  Income (loss) before income taxes $ 51,449 $ (4,433) $ 47,016  Purchase of rental equipment (1) $ 256,469 $ - $ 256,469      Nine Months Ended September 30, 2018  Container Leasing Logistics Total  Total revenue $ 208,298 $ 81,251 $ 289,549  Operating expenses 96,129 83,603 179,732  Amortization of intangible assets - 1,538 1,538  Total operating expenses 96,129 85,141 181,270  Operating income (loss) 112,169 (3,890) 108,279  Net interest and other expenses (income) 44,284 (16) 44,268  Income (loss) before income taxes $ 67,885 $ (3,874) $ 64,011  Purchase of rental equipment (1) $ 477,703 $ - $ 477,703  (1) Represents cash disbursements for purchasing of rental equipment as reflected in the consolidated statements of cash flows for the periods indicated.
Summary Of Total Assets For Segments	    September 30, 2019 December 31, 2018  Container leasing $ 2,611,755 $ 2,506,279  Logistics (2) 44,380 45,951  Rail (3) 294,599 460,387  Total assets $ 2,950,734 $ 3,012,617  (2) Includes goodwill of $15.8 million as of September 30, 2019 and December 31, 2018. (3) Represents total assets related to discontinued operations, including assets held for sale of $284.8 million and $449.7 million as of September 30, 2019 and December 31, 2018, respectively.
Schedule Of Geographic Allocation Of Revenue	   Three Months Ended Nine Months Ended  September 30, September 30,  2019 2018 2019 2018  United States $ 31,887 $ 33,162 $ 92,840 $ 86,706  Switzerland 13,837 13,929 41,712 36,246  Korea 10,807 8,707 31,361 21,927  Singapore 10,655 5,987 31,005 16,725  France 8,768 9,295 26,582 27,435  Other Asia 14,638 18,828 44,613 52,608  Other Europe 16,529 14,636 47,052 40,794  Other International 449 2,149 1,208 7,108  Total revenue $ 107,570 $ 106,693 $ 316,373 $ 289,549 

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Reconciliation Of Basic And Diluted Net Income Per Share	   Three Months Ended Nine Months Ended  September 30, September 30,  2019 2018 2019 2018  Numerator  Net income from continuing operations $ 12,958 $ 20,571 $ 37,524 $ 57,897  Net loss from discontinued operations (19,912) (565) (20,983) (1,625)  Net (loss) income attributable to CAI common stockholders $ (6,954) $ 20,006 $ 16,541 $ 56,272  Denominator  Weighted-average shares used in per share computation - basic 17,330 19,214 17,850 19,741  Effect of dilutive securities:  Stock options and restricted stock 195 278 272 256  Weighted-average shares used in per share computation - diluted 17,525 19,492 18,122 19,997   Net income (loss) per share attributable to CAI common  stockholders:  Basic  Continuing operations $ 0.75 $ 1.07 $ 2.10 $ 2.93  Discontinued operations $ (1.15) $ (0.03) $ (1.17) $ (0.08)  Total basic $ (0.40) $ 1.04 $ 0.93 $ 2.85  Diluted  Continuing operations $ 0.74 $ 1.06 $ 2.07 $ 2.90  Discontinued operations $ (1.14) $ (0.03) $ (1.16) $ (0.09)  Total diluted $ (0.40) $ 1.03 $ 0.91 $ 2.81 

The Company And Nature Of Ope_3

The Company And Nature Of Operations (Narrative) (Details)	1 Months Ended		9 Months Ended	12 Months Ended
	Aug. 31, 2018	Mar. 31, 2018	Sep. 30, 2019	Dec. 31, 2018
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%

Accounting Policies And Recen_3

Accounting Policies And Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 01, 2019
Significant Accounting Policies [Line Items]
Operating Lease, Liability	$ 7,746
Accounting Standards Update 2016-02 [Member] | Reclassification [Member]
Significant Accounting Policies [Line Items]
Operating Lease, Right-of-Use Asset		$ 3,700
Operating Lease, Liability		$ 4,100

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on assets reclassified as held for sale	$ 7,300
Railcar Assets [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Railcar assets, held for sale		$ 284,791	$ 449,730
Impairment of rental equipment		$ 25,632

Discontinued Operations (Summar

Discontinued Operations (Summary Of Held For Sale Railcar Assets) (Details) - Railcar Assets [Member] - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Rental equipment	$ 315,868	$ 448,466
Other assets	1,878	1,264
Loss on classification held for sale	(7,323)
Impairment of rental equipment	(25,632)
Assets held for sale	$ 284,791	$ 449,730

Discontinued Operations (Summ_2

Discontinued Operations (Summary Of Components Of Income (Loss) From Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Discontinued Operations [Abstract]
Rail lease revenue	$ 5,871	$ 8,759	$ 20,214	$ 26,982
Depreciation of rental equipment		3,537	5,248	10,505
Storage, handling and other expenses	3,453	1,008	5,813	4,424
(Gain) loss on sale of rental equipment	(757)	8	(9,418)	(9)
Administrative expenses	620	974	2,977	2,825
Total operating expenses	3,316	5,527	4,620	17,745
Operating income	2,555	3,232	15,594	9,237
Interest expense	2,975	3,972	10,104	11,364
(Loss) income before income taxes	(420)	(740)	5,490	(2,127)
Loss on classification as held for sale and subsequent impairment	25,632		32,955
Loss from discontinued operations before income taxes	(26,052)	(740)	(27,465)	(2,127)
Income tax benefit	(6,140)	(175)	(6,482)	(502)
Net loss from discontinued operations	$ (19,912)	$ (565)	$ (20,983)	$ (1,625)

Consolidation Of Variable Int_2

Consolidation Of Variable Interest Entities (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)item	Sep. 30, 2018USD ($)item	Sep. 30, 2019USD ($)item	Sep. 30, 2018USD ($)item	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Variable Interest Entity [Line Items]
Net book value	$ 1,889,266,000		$ 1,889,266,000		$ 1,816,794,000
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Net book value	108,323,000		108,323,000		71,958,000
Cash	26,772,000	$ 23,779,000	26,772,000	$ 23,779,000	$ 25,211,000	$ 20,685,000
Collateralized Financing Obligations [Member]
Variable Interest Entity [Line Items]
Long-term debt	99,400,000		99,400,000
Term Loan [Member] | Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Long-term debt	$ 37,800,000		$ 37,800,000
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	0
Net book value	$ 114,400,000		$ 114,400,000
Cash	26,800,000		26,800,000
Gain (loss) recognized on initial consolidation of VIEs			0
Book value of containers sold	$ 65,000,000	$ 14,600,000	$ 65,000,000	$ 29,800,000

Rental Equipment (Schedule Of R

Rental Equipment (Schedule Of Rental Equipment) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Rental equipment, gross	$ 2,487,811	$ 2,374,353
Accumulated depreciation	(598,545)	(557,559)
Rental equipment, net of accumulated depreciation	1,889,266	1,816,794
Dry Containers [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	1,966,688	1,840,304
Refrigerated Containers [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	298,202	341,983
Other Specialized Equipment [Member]
Property, Plant and Equipment [Line Items]
Rental equipment, gross	$ 222,921	$ 192,066

Net Investment In Sales-Type _3

Net Investment In Sales-Type And Direct Finance Leases (Components Of Net Investment In Direct Finance Leases) (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Net Investment In Sales-Type And Direct Finance Leases [Abstract]
Gross sales-type and finance lease receivables	[1]	$ 781,624	$ 804,511
Unearned income	[2]	(241,857)	(254,744)
Net investment in sales-type and direct finance leases		539,767	549,767
Unguaranteed residual value		74,300	74,400
Executory costs		0	0
Unamortized initial direct costs		$ 0	$ 0
[1]	September 30,December 31,20192018Gross sales-type and finance lease receivables (1)$ 781,624$ 804,511Unearned income (2) (241,857) (254,744)Net investment in sales-type and direct finance leases$ 539,767$ 549,767(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 sales-type and finance lease receivables. The gross sales-type and finance lease receivables are reduced as customer payments are received. There was $74.3 million and $74.4 million of unguaranteed residual value at September 30, 2019 and December 31, 2018, respectively, included in gross sales-type and finance lease receivables. There were no executory costs included in gross sales-type and finance lease receivables as of September 30, 2019 and December 31, 2018.
[2]	(2) The difference between the gross sales-type and 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 September 30, 2019 and December 31, 2018.

Net Investment In Sales-Type _4

Net Investment In Sales-Type And Direct Finance Leases (Gross Finance Lease Receivables By Customer Categories) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment [Line Items]
Gross sales-type and finance lease receivables	$ 781,624	$ 804,511
Tier 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross sales-type and finance lease receivables	714,921	698,014
Tier 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross sales-type and finance lease receivables	66,703	106,497
Tier 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross sales-type and finance lease receivables

Net Investment In Sales-Type _5

Net Investment In Sales-Type And Direct Finance Leases (Contractual Maturities Of Gross Finance Lease Receivables) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Net Investment In Sales-Type And Direct Finance Leases [Abstract]
2020	$ 109,400
2021	98,955
2022	91,883
2023	91,211
2024	61,405
2025 and thereafter	328,770
Gross sales-type and finance lease receivables	$ 781,624	$ 804,511

Financing Receivable (Narrative

Financing Receivable (Narrative) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Financing Receivable, Recorded Investment [Line Items]
Financing receivable	$ 35,314
Tier 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivable	34,600
Tier 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing receivable	$ 700

Financing Receivable (Summary O

Financing Receivable (Summary Of Components Of Financing Receivable) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Financing Receivable [Abstract]
Current	$ 3,653
Non-current	31,661
Total financing receivable	$ 35,314

Intangible Assets (Narrative) (

Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Intangible Assets [Abstract]
Amortization expense	$ 403	$ 451	$ 1,208	$ 1,538

Intagible Assets (Schedule Of E

Intagible Assets (Schedule Of Estimated Useful Lives) (Details)	9 Months Ended
	Sep. 30, 2019
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

Intangible Assets (Schedule Of

Intangible Assets (Schedule Of Intangible Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 11,130	$ 11,130
Accumulated Amortization	(6,605)	(5,397)
Net Carrying Amount	4,525	5,733
Trademarks And Tradenames [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,786	1,786
Accumulated Amortization	(1,786)	(1,786)
Net Carrying Amount
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	9,344	9,344
Accumulated Amortization	(4,819)	(3,611)
Net Carrying Amount	$ 4,525	$ 5,733

Intangible Assets (Schedule O_2

Intangible Assets (Schedule Of Estimated Future Amortization Expenses) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Intangible Assets [Abstract]
2020	$ 1,609
2021	1,609
2022	664
2023	474
2024	169
Net Carrying Amount	$ 4,525	$ 5,733

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Operating Lease, Weighted Average Remaining Lease Term	3 years 2 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	3.70%
Current operating lease liabilities	$ 2,400
Operating Lease, Liability	7,746
Noncurrent operating lease liabilities	5,300
Operating Lease, Payments	1,800
Other Non-Current Assets [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	$ 6,800

Leases (Components Of Lease Exp

Leases (Components Of Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Leases [Abstract]
Operating lease cost	$ 684	$ 1,870
Short-term lease cost	19	50
Variable lease cost	112	269
Total lease cost	$ 815	$ 2,189

Leases (Maturities Of Operating

Leases (Maturities Of Operating Lease Liabilities) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Leases [Abstract]
2020	$ 2,628
2021	2,612
2022	2,219
2023	499
2024	216
2025 and thereafter	39
Total lease payments	8,213
Less imputed interest	(467)
Total operating lease liabilities	$ 7,746

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Oct. 01, 2019	Mar. 29, 2019
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Available borrowing capacity	$ 88.4
Revolving Credit Facility [Member] | Consortium of Banks [Member]
Debt Instrument [Line Items]
Available borrowing capacity	1,016.1
Letters of credit outstanding	0.1
Revolving Credit Facility [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Maximum credit commitment	$ 550
Term Loan [Member] | Japanese Investor Funds Entered Term Loan [Member]
Debt Instrument [Line Items]
Principal amount of loan			$ 40.8
Term of loan	7 years
Debt instrument, fixed interest rate			4.20%
Subsequent Event [Member] | Revolving Credit Facility [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Maximum credit commitment		$ 250

Debt (Schedule Of Debt) (Detail

Debt (Schedule Of Debt) (Details) - USD ($) $ in Thousands		Oct. 01, 2019	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 314,178	$ 316,622
Gross Debt, Long-term Outstanding			1,831,840	1,862,757
Debt issuance costs, Current Outstanding			(4,678)	(5,241)
Debt issuance costs, Long-term Outstanding			(12,191)	(15,124)
Total Debt, Current Outstanding			309,500	311,381
Total Debt, Long-term Outstanding			1,819,649	1,847,633
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding				4,200
Gross Debt, Long-term Outstanding			$ 480,000	$ 301,000
Average Interest			3.50%	4.20%
Maturity			Jun. 1, 2023
Revolving Credit Facility [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Gross Debt, Long-term Outstanding	[1],[2]		$ 162,500	$ 272,500
Average Interest	[1],[2]		3.50%	4.20%
Maturity	[1],[2]		Oct. 1, 2023
Maximum credit commitment			$ 550,000
Revolving Credit Facility [Member] | CAI Euro [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 18,559
Gross Debt, Long-term Outstanding				$ 19,457
Average Interest			2.00%	2.00%
Maturity			Sep. 1, 2020
Term Loan [Member] | Term Loan Due April 2023 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 1,800	$ 1,800
Gross Debt, Long-term Outstanding			$ 25,950	$ 27,300
Average Interest			4.30%	4.50%
Maturity			Apr. 1, 2023
Term Loan [Member] | Term Loan Due October 2019 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	[3]		$ 107,250	$ 111,750
Average Interest	[3]		3.60%	3.80%
Maturity	[3]		Oct. 1, 2019
Term Loan [Member] | Term Loan Due June 2021 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 7,000	$ 7,000
Gross Debt, Long-term Outstanding			$ 70,250	$ 75,500
Average Interest			3.80%	4.00%
Maturity			Jun. 1, 2021
Term Loan [Member] | Term Loan Due December 2020 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	[2]		$ 1,273	$ 1,240
Gross Debt, Long-term Outstanding	[2]		$ 14,325	$ 15,284
Average Interest	[2]		3.40%	3.40%
Maturity	[2]		Dec. 1, 2020
Term Loan [Member] | Term Loan Due August 2021 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding	[2]		$ 2,989	$ 2,909
Gross Debt, Long-term Outstanding	[2]		$ 38,399	$ 40,651
Average Interest	[2]		3.60%	3.60%
Maturity	[2]		Aug. 1, 2021
Term Loan [Member] | Term Loan Due October 2023 [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 6,000	$ 6,000
Gross Debt, Long-term Outstanding			$ 88,000	$ 92,500
Average Interest			4.60%	4.60%
Maturity			Oct. 1, 2023
Senior Secured Notes [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 6,110	$ 6,110
Gross Debt, Long-term Outstanding			$ 46,665	$ 52,775
Average Interest			4.90%	4.90%
Maturity			Sep. 1, 2022
Collateralized Financing Obligations [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			$ 23,455	$ 39,610
Gross Debt, Long-term Outstanding			$ 75,917	$ 67,615
Average Interest			1.50%	1.20%
Maturity			Dec. 1, 2021
Variable Interest Entity, Primary Beneficiary [Member]
Debt Instrument [Line Items]
Total Debt, Current Outstanding			$ 28,650	$ 41,066
Total Debt, Long-term Outstanding			108,487	67,615
Variable Interest Entity, Primary Beneficiary [Member] | Term Loan [Member]
Debt Instrument [Line Items]
Gross Debt, Current Outstanding			5,195	$ 1,456
Gross Debt, Long-term Outstanding			$ 32,570
Average Interest			4.20%	3.30%
Maturity			Jun. 1, 2019
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			$ 35,625	$ 48,450
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			$ 57,250	$ 74,425
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			$ 170,822	$ 189,802
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	$ 34,890
Gross Debt, Long-term Outstanding			$ 258,767	$ 284,935
Average Interest			4.00%	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	$ 34,350
Gross Debt, Long-term Outstanding			$ 274,800	$ 300,563
Average Interest			4.40%	4.40%
Maturity			Sep. 1, 2043
Subsequent Event [Member] | Revolving Credit Facility [Member] | CAI Rail [Member]
Debt Instrument [Line Items]
Maximum credit commitment		$ 250,000
Subsequent Event [Member] | Term Loan [Member] | Term Loan Due October 2019 [Member]
Debt Instrument [Line Items]
Outstanding balance repaid		$ 107,300
[1]	The maximum credit commitment under the Rail revolving credit facility was decreased on October 1, 2019 from $550 million to $250 million.
[2]	These facilities will be repaid upon the sale of the railcar assets.
[3]	Outstanding balance of $107.3 million was repaid on October 1, 2019.

Stock-Based Compensation Plan_2

Stock-Based Compensation Plan (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options available for grant	2,577,075		2,577,075
Vesting period of awards			4 years
Contractual term			10 years
Aggregate intrinsic value of options exercised			$ 1.4	$ 0.1
Closing price per share	$ 21.77		$ 21.77
Stock-based compensation expense recorded	$ 0.2	$ 0.2	$ 0.6	$ 1
Remaining unamortized stock-based compensation cost	0.7		$ 0.7
Stock-based compensation cost recognition period			1 year 1 month 6 days
Aggregate intrinsic value of options outstanding	3.7		$ 3.7
Options granted, Number of Shares			0	0
Stock Options [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			25.00%
Stock Options [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 and Performance Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense recorded	0	$ 0.5	$ 1.8	$ 1.1
Remaining unamortized stock-based compensation cost	$ 4.8		$ 4.8
Stock-based compensation cost recognition period			2 years 2 months 12 days
Restricted Stock and Performance Stock [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards			4 years
Restricted Stock and Performance Stock [Member] | Employees [Member] | Each Anniversary Of Grant Date [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			25.00%
Restricted Stock and Performance 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 cost recognition period			3 years
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share authorized for issuance					250,000
Issuance of common stock	0

Stock-Based Compensation Plan_3

Stock-Based Compensation Plan (Summary Of Stock Option Activities) (Details) - Stock Options [Member] - $ / shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding at beginning of period, Number of Shares	850,167	859,560
Options exercised, Number of Shares	(138,723)	(9,393)
Options forfeited, Number of Shares	(3,000)
Options expired, Number of Shares	(15,000)
Options outstanding at end of period, Number of Shares	693,444	850,167
Options exercisable, Number of Shares	591,842	625,263
Options outstanding at beginning of period, Weighted Average Exercise Price	$ 16.46	$ 16.44
Options exercised, Weighted Average Exercise Price	13.95	14.76
Options forfeited, Weighted Average Exercise Price	12.88
Options expired, Weighted Average Exercise Price	25.53
Options outstanding at end of period, Weighted Average Exercise Price	16.78	16.46
Options exercisable, Weighted Average Exercise Price	$ 17.42	$ 17.54
Weighted average remaining term	5 years 8 months 12 days	6 years

Stock-Based Compensation Plan_4

Stock-Based Compensation Plan (Summary Of Restricted Stock and Performance Stock Activity) (Details) - Restricted Stock and Performance Stock [Member]	9 Months Ended
	Sep. 30, 2019$ / sharesshares
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 | shares	204,730
Restricted stock and performance stock granted, Number of Shares of Restricted Stock | shares	166,939
Restricted stock and performance stock vested, Number of Shares of Restricted Stock | shares	(81,259)
Restricted stock and performance stock forfeited, Number of Shares of Restricted Stock | shares	(8,674)
Restricted stock and performance stock outstanding, Ending balance, Number of Shares of Restricted Stock | shares	281,736
Restricted stock and performance stock outstanding, Beginning balance, Weighted Average Grant Date Fair Value | $ / shares	$ 20.45
Restricted stock and performance stock granted, Weighted Average Grant Date Fair Value | $ / shares	25.37
Restricted stock and performance stock vested, Weighted Average Grant Date Fair Value | $ / shares	20.89
Restricted stock and performance stock forfeited, Weighted Average Grant Date Fair Value | $ / shares	22.42
Restricted stock and performance stock outstanding, Ending balance, Weighted Average Grant Date Fair Value | $ / shares	$ 23.18

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Taxes [Abstract]
Effective tax rate	6.10%	5.00%
Unrecognized tax benefits	$ 0.3
Minimum percentage realization for recognition of income tax position	50.00%
Total accrued interest relating to unrecognized tax benefits	$ 0.1

Fair Value Of Financial Instr_2

Fair Value Of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financing receivable	$ 35,314
Carrying Amount [Member] | Fixed-Rate Term Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	151,000	$ 158,600
Carrying Amount [Member] | Collateralized Financing Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	99,400	107,200
Carrying Amount [Member] | Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	52,800	58,900
Carrying Amount [Member] | Asset Backed Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	931,800	1,032,700
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financing receivable	35,300
Fair Value [Member] | Fixed-Rate Term Loans [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	153,700
Fair Value [Member] | Collateralized Financing Obligations [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	100,800	108,900
Fair Value [Member] | Asset Backed Notes [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	945,300	1,024,700
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	$ 37,800	$ 1,500

Commitments And Contingencies (

Commitments And Contingencies (Details) $ in Millions	Sep. 30, 2019USD ($)
Containers [Member]
Purchase Commitment, Excluding Long-term Commitment [Line Items]
Commitments to purchase rental equipment	$ 32.8

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			2 Months Ended	3 Months Ended				9 Months Ended	12 Months Ended
	Aug. 31, 2018	Apr. 30, 2018	Mar. 31, 2018	Apr. 30, 2018	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Sep. 30, 2019	Dec. 31, 2018	Oct. 31, 2018	May 31, 2018	Oct. 31, 2017
Class of Stock [Line Items]
Shares authorized for repurchase											3,000,000
Shares repurchased					0				1,500,000
Repurchase of common stock						$ 20,172	$ 13,946	$ 27,946	$ 34,100
Shares remained available for repurchase					$ 1,000				$ 1,000
Preferred shares, par value					$ 0.0001				$ 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									0
Authorized number of shares for issuance in offering program, additional shares									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	170,900	2,199,610				2,199,610	2,199,610
Preferred shares dividend rate			8.50%						8.50%	8.50%
Preferred shares, par value			$ 0.0001
Preferred shares, liquidation preference			$ 25
Net proceeds from issuance of preferred shares		$ 4,100	$ 38,300
Payments of underwriting discount				$ 100
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				1,955,000	1,955,000
Preferred shares dividend rate	8.50%								8.50%	8.50%
Preferred shares, par value	$ 0.0001
Preferred shares, liquidation preference	$ 25
Net proceeds from issuance of preferred shares	$ 41,200
Preferred shares issued, additional offering	255,000
Net proceeds from issuance of preferred shares, additional offering	$ 6,200
Payments of underwriting discount	$ 200
Series A Preferred Stock ATM Offering Program [Member]
Class of Stock [Line Items]
Preferred shares issued						0
Authorized number of shares for issuance in offering program												2,200,000
Authorized number of shares for issuance in offering program, additional shares									1,800,000

Related Parties (Details)

Related Parties (Details)	1 Months Ended
	May 31, 2018$ / sharesshares
Related Parties [Abstract]
Shares of common stock cancelled | shares	1,225,214
Average price per share | $ / shares	$ 22.81
Discount percentage of closing price	2.00%

Segment And Geographic Inform_3

Segment And Geographic Information (Schedule Of Segment Information) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Total revenue		$ 107,570	$ 106,693	$ 316,373	$ 289,549
Operating expenses		70,347	66,593	207,563	179,732
Amortization of intangible assets		403	451	1,208	1,538
Total operating expenses		70,750	67,044	208,771	181,270
Operating income		36,820	39,649	107,602	108,279
Net interest and other expenses (income)		20,503	15,927	60,586	44,268
Income before income taxes		16,317	23,722	47,016	64,011
Purchase of rental equipment	[1]	89,027	251,670	256,469	477,703
Operating Segments [Member] | Container Leasing [Member]
Segment Reporting Information [Line Items]
Total revenue		77,300	75,331	228,585	208,298
Operating expenses		39,668	32,985	116,538	96,129
Total operating expenses		39,668	32,985	116,538	96,129
Operating income		37,632	42,346	112,047	112,169
Net interest and other expenses (income)		20,507	15,932	60,598	44,284
Income before income taxes		17,125	26,414	51,449	67,885
Purchase of rental equipment	[1]	89,027	251,670	256,469	477,703
Operating Segments [Member] | Logistics [Member]
Segment Reporting Information [Line Items]
Total revenue		30,270	31,362	87,788	81,251
Operating expenses		30,679	33,608	91,025	83,603
Amortization of intangible assets		403	451	1,208	1,538
Total operating expenses		31,082	34,059	92,233	85,141
Operating income		(812)	(2,697)	(4,445)	(3,890)
Net interest and other expenses (income)		(4)	(5)	(12)	(16)
Income before income taxes		$ (808)	$ (2,692)	$ (4,433)	$ (3,874)
[1]	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_4

Segment And Geographic Information (Summary Of Total Assets For Segments) (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	$ 2,950,734	$ 3,012,617
Goodwill		15,794	15,794
Assets held for sale		284,791	449,730
Operating Segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,950,734	3,012,617
Operating Segments [Member] | Container Leasing [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,611,755	2,506,279
Operating Segments [Member] | Logistics [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[2]	44,380	45,951
Goodwill		15,800	15,800
Operating Segments [Member] | Rail [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[3]	$ 294,599	$ 460,387
[1]	Total assets at September 30, 2019 and December 31, 2018 include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash, $26,772 and $25,211; Net investment in direct finance leases, $6,101 and $13,862; and Rental equipment, net of accumulated depreciation, $108,323, and $71,958, respectively.
[2]	Includes goodwill of $15.8 million as of September 30, 2019 and December 31, 2018.
[3]	Represents total assets related to discontinued operations, including assets held for sale of $284.8 million and $449.7 million as of September 30, 2019 and December 31, 2018, respectively.

Segment And Geographic Inform_5

Segment And Geographic Information (Schedule Of Geographic Allocation Of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 107,570	$ 106,693	$ 316,373	$ 289,549
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	31,887	33,162	92,840	86,706
Switzerland [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	13,837	13,929	41,712	36,246
France [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	8,768	9,295	26,582	27,435
Korea [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	10,807	8,707	31,361	21,927
Singapore [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	10,655	5,987	31,005	16,725
Other Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	14,638	18,828	44,613	52,608
Other Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	16,529	14,636	47,052	40,794
Other International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 449	$ 2,149	$ 1,208	$ 7,108

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities having antidilutive effect	246,750	86,055	127,135	158,495

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation Of Basic And Diluted Net Income Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Net income from continuing operations	$ 12,958	$ 20,571	$ 37,524	$ 57,897
Net loss from discontinued operations	(19,912)	(565)	(20,983)	(1,625)
Net (loss) income attributable to CAI common stockholders	$ (6,954)	$ 20,006	$ 16,541	$ 56,272
Weighted-average shares used in per share computation - basic	17,330,000	19,214,000	17,850,000	19,741,000
Effect of dilutive securities: Stock options and restricted stock	195,000	278,000	272,000	256,000
Weighted-average shares used in per share computation - diluted	17,525,000	19,492,000	18,122,000	19,997,000
Continuing operations	$ 0.75	$ 1.07	$ 2.10	$ 2.93
Discontinued operations	(1.15)	(0.03)	(1.17)	(0.08)
Total basic	(0.40)	1.04	0.93	2.85
Continuing operations	0.74	1.06	2.07	2.90
Discontinued operations	(1.14)	(0.03)	(1.16)	(0.09)
Total diluted	$ (0.40)	$ 1.03	$ 0.91	$ 2.81