Textainer Group Holdings Limited (TGH+A) 20-F 14 Feb 23 2022 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2022 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Registrant Name	Textainer Group Holdings Limited
Entity Central Index Key	0001413159
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	43,634,655
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity File Number	001-33725
Entity Incorporation, State or Country Code	D0
Entity Address, Address Line One	Century House
Entity Address, Address Line Two	16 Par-La-Ville Road
Entity Address, City or Town	Hamilton
Entity Address, Country	BM
Entity Address, Postal Zip Code	HM 08
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	U.S. GAAP
Auditor Name	Deloitte & Touche LLP
Auditor Location	San Francisco, California
Auditor Firm ID	34
Series A Preferred Shares
Document Information [Line Items]
Trading Symbol	TGH PRA
Title of 12(b) Security	7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preference Shares, $0.01 par value
Security Exchange Name	NYSE
Series B Preferred Shares
Document Information [Line Items]
Trading Symbol	TGH PRB
Title of 12(b) Security	6.25% Series B Fixed Rate Cumulative Redeemable Perpetual Preference Shares, $0.01 par value
Security Exchange Name	NYSE
Common shares
Document Information [Line Items]
Trading Symbol	TGH
Title of 12(b) Security	Common Shares, $0.01 par value
Security Exchange Name	NYSE
Business Contact
Document Information [Line Items]
Entity Address, Address Line One	Textainer Group Holdings Limited
Entity Address, Address Line Two	Century House
Entity Address, City or Town	Hamilton
Entity Address, Country	BM
Entity Address, Postal Zip Code	HM 08
Contact Personnel Name	Adam Hopkin
Entity Address, Address Line Three	16 Par-La-Ville Road
City Area Code	441
Local Phone Number	296-2500
Contact Personnel Email Address	ahh@textainer.com

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 164,818	$ 206,210
Marketable securities	1,411
Accounts receivable, net of allowance of $1,582 and $1,290, respectively	114,805	125,746
Net investment in finance leases, net of allowance of $252 and $100, respectively	130,913	113,048
Container leaseback financing receivable, net of allowance of $62 and $38, respectively	53,652	30,317
Trading containers	4,848	12,740
Containers held for sale	31,637	7,007
Prepaid expenses and other current assets	16,703	14,184
Due from affiliates, net	2,758	2,376
Total current assets	521,545	511,628
Restricted cash	102,591	76,362
Marketable securities		2,866
Containers, net of accumulated depreciation of $2,029,667 and $1,851,664, respectively	4,365,124	4,731,878
Net investment in finance leases, net of allowance of $1,027 and $643, respectively	1,689,123	1,693,042
Container leaseback financing receivable, net of allowance of $52 and $75, respectively	770,980	323,830
Derivative instruments	149,244	12,278
Deferred taxes	1,135	1,073
Other assets	13,492	14,487
Total assets	7,613,234	7,367,444
Current liabilities:
Accounts payable and accrued expenses	24,160	22,111
Container contracts payable	6,648	140,968
Other liabilities	5,060	4,895
Due to container investors, net	16,132	17,985
Debt, net of unamortized costs of $7,938 and $8,624, respectively	377,898	380,207
Total current liabilities	429,898	566,166
Debt, net of unamortized costs of $26,946 and $32,019, respectively	5,127,021	4,960,313
Derivative instruments		2,139
Income tax payable	13,196	10,747
Deferred taxes	13,105	7,589
Other liabilities	33,725	39,236
Total liabilities	5,616,945	5,586,190
Textainer Group Holdings Limited shareholders' equity:
Cumulative redeemable perpetual preferred shares, $0.01 par value, $25,000 liquidation preference per share. Authorized 10,000,000 shares; 12,000 shares issued and outstanding (equivalent to 12,000,000 depositary shares at $25.00 liquidation preference per depositary share)	300,000	300,000
Common shares, $0.01 par value. Authorized 140,000,000 shares; 59,943,282 shares issued and 43,634,655 shares outstanding at 2022; 59,503,710 shares issued and 48,831,855 shares outstanding at 2021	599	595
Treasury shares, at cost, 16,308,627 and 10,671,855 shares, respectively	(337,551)	(158,459)
Additional paid-in capital	442,154	428,945
Accumulated other comprehensive income	147,350	9,750
Retained earnings	1,443,737	1,200,423
Total shareholders' equity	1,996,289	1,781,254
Total liabilities and shareholders' equity	$ 7,613,234	$ 7,367,444

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement Of Financial Position [Abstract]
Accounts receivable, allowance	$ 1,582	$ 1,290
Net investment in finance leases, allowance current	252	100
Container leaseback financing receivable, allowance current	62	38
Containers, accumulated depreciation	2,029,667	1,851,664
Net investment in finance leases, allowance non current	1,027	643
Container leaseback financing receivable, allowance non current	52	75
Debt, net of unamortized costs current	7,938	8,624
Debt, net of unamortized costs non current	$ 26,946	$ 32,019
Preferred stock shares, par value	$ 0.01	$ 0.01
Preferred stock shares, liquidation preference per share	$ 25,000	$ 25,000
Preferred stock shares, Authorized	10,000,000	10,000,000
Preferred stock shares, issued	12,000	12,000
Preferred stock shares, outstanding	12,000	12,000
Depositary shares issued	12,000,000	12,000,000
Depositary per share equivalent to liquidation preference per share	$ 25	$ 25
Common shares, par value	$ 0.01	$ 0.01
Common shares, Authorized	140,000,000	140,000,000
Common shares, issued	59,943,282	59,503,710
Common shares, outstanding	43,634,655	48,831,855
Treasury shares, at cost, shares	16,308,627	10,671,855

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Total lease rental income		$ 810,014	$ 750,730	$ 600,873
Management fees - non-leasing		2,812	3,360	5,271
Trading container margin		1,852	10,760	3,532
Gain on sale of owned fleet containers, net		76,947	67,229	27,230
Operating expenses:
Depreciation and amortization	[1]	292,828	284,115	264,237
General and administrative expense		48,349	46,462	41,880
Bad debt expense (recovery), net		740	(1,285)	(1,668)
Container lessee default expense (recovery), net		1,179	(1,088)	(1,675)
Total operating expenses		419,226	401,948	415,307
Income from operations		472,399	430,131	221,599
Other (expense) income:
Interest expense		(157,249)	(127,269)	(123,230)
Debt termination expense			(15,209)	(8,750)
Realized loss on financial instruments, net		(91)	(5,634)	(12,295)
Unrealized (loss) gain on financial instruments, net		(502)	4,409	(6,044)
Other, net		2,406	(367)	2,019
Net other expense		(155,436)	(144,070)	(148,300)
Income before income taxes	[2]	316,963	286,061	73,299
Income tax (expense) benefit		(7,539)	(1,773)	374
Net income		309,424	284,288	73,673
Less: Dividends on preferred share		19,875	10,829
Less: Net income attributable to the noncontrolling interest				851
Net income attributable to common shareholders		$ 289,549	$ 273,459	$ 72,822
Net income attributable to common shareholders per share:
Basic		$ 6.23	$ 5.51	$ 1.37
Diluted		$ 6.12	$ 5.41	$ 1.36
Weighted average shares outstanding (in thousands):
Basic		46,471	49,624	53,271
Diluted		47,299	50,576	53,481
Owned Fleet
Operating expenses:
Direct container expense - owned fleet		$ 31,980	$ 23,384	$ 55,222
Managed Fleet
Operating expenses:
Distribution expense to managed fleet container investors		44,150	50,360	57,311
Operating Leases - Owned Fleet
Revenues:
Total lease rental income	[1]	609,558	589,045	491,212
Operating Leases - Managed Fleet
Revenues:
Total lease rental income	[1]	49,635	56,037	62,448
Finance Leases and Container Leaseback Financing Receivable - Owned Fleet
Revenues:
Total lease rental income	[1]	150,821	105,648	47,213
Trading Containers
Revenues:
Revenue		23,791	32,045	31,941
Cost of trading containers sold		$ (21,939)	$ (21,285)	$ (28,409)
[1] Amounts for the years ended December 31, 2021 and 2020 have been reclassified to conform with the 2022 presentation (see Note 1 (u) “Reclassifications and Changes in Presentation”). Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net income	$ 309,424	$ 284,288	$ 73,673
Other comprehensive income (loss), before tax:
Change in derivative instruments designated as cash flow hedges	151,814	10,986	(12,307)
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges	(12,709)	8,771	2,806
Foreign currency translation adjustments	(125)	(79)	177
Comprehensive income, before tax	448,404	303,966	64,349
Income tax (expense) benefit related to items of other comprehensive income	(1,380)	(184)	91
Comprehensive income, after tax	447,024	303,782	64,440
Less: Dividends on preferred shares	19,875	10,829
Less: Comprehensive income attributable to the noncontrolling interest			851
Comprehensive income attributable to common shareholders	$ 427,149	$ 292,953	$ 63,589

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Preferred shares	Common shares	Treasury shares	Additional Paid-in capital	Accumulated other comprehensive (loss) income	Retained earnings	Retained earnings Cumulative Effect, Period of Adoption, Adjustment	Total Textainer Group Holdings Limited shareholders' equity	Total Textainer Group Holdings Limited shareholders' equity Cumulative Effect, Period of Adoption, Adjustment	Noncontrolling interest	Noncontrolling interest Cumulative Effect, Period of Adoption, Adjustment
Beginning Balances at Dec. 31, 2019	$ 1,285,645			$ 583	$ (17,746)	$ 410,595	$ (511)	$ 866,458		$ 1,259,379		$ 26,266
Beginning Balances (Accounting Standards Update 2016-13) at Dec. 31, 2019		$ (892)							$ (885)		$ (885)		$ (7)
Beginning Balances (in shares) at Dec. 31, 2019				58,326,555	(1,508,637)
Purchase of treasury shares	(68,493)				$ (68,493)					(68,493)
Purchase of treasury shares (in shares)					(6,736,493)
Restricted share units vested				$ 3		(3)
Restricted share units vested (in shares)				300,404
Exercise of share options	$ 1,295			$ 1		1,294				1,295
Exercise of share options (in shares)	113,960			113,960
Share-based compensation expense	$ 4,723					4,723				4,723
Net income	73,673							72,822		72,822		851
Other comprehensive income (loss):
Change in derivative instruments designated as cash flow hedges	(12,307)						(12,307)			(12,307)
Reclassification of realized gain (loss) on derivative instruments designated as cash flow hedges	2,806						2,806			2,806
Foreign currency translation adjustments	177						177			177
Income tax benefit related to items of other comprehensive loss	91						91			91
Total other comprehensive income (loss)	(9,233)
Ending Balances at Dec. 31, 2020	1,286,718			$ 587	$ (86,239)	416,609	(9,744)	938,395		1,259,608		27,110
Ending Balances (in shares) at Dec. 31, 2020				58,740,919	(8,245,130)
Issuance of preferred shares, net of offering expenses	289,580		$ 300,000			(10,420)				289,580
Issuance of preferred shares, net of offering expenses (in shares)			12,000
Purchase of treasury shares	$ (72,220)				$ (72,220)					(72,220)
Purchase of treasury shares (in shares)	(2,426,725)				(2,426,725)
Restricted share units vested				$ 3		(3)
Restricted share units vested (in shares)				285,688
Exercise of share options	$ 9,043			$ 5		9,038				9,043
Exercise of share options (in shares)	477,103			477,103
Share-based compensation expense	$ 6,699					6,699				6,699
Purchase of noncontrolling interest	(20,088)					7,022				7,022		$ (27,110)
Preferred shares dividends declared	(9,975)							(9,975)		(9,975)
Dividends declared to common shareholders ($0.25per common share)	(12,285)							(12,285)		(12,285)
Net income	284,288							284,288		284,288
Other comprehensive income (loss):
Change in derivative instruments designated as cash flow hedges	10,986						10,986			10,986
Reclassification of realized gain (loss) on derivative instruments designated as cash flow hedges	8,771						8,771			8,771
Foreign currency translation adjustments	(79)						(79)			(79)
Income tax benefit related to items of other comprehensive loss	(184)						(184)			(184)
Total other comprehensive income (loss)	19,494
Ending Balances at Dec. 31, 2021	1,781,254		$ 300,000	$ 595	$ (158,459)	428,945	9,750	1,200,423		1,781,254
Ending Balances (in shares) at Dec. 31, 2021			12,000	59,503,710	(10,671,855)
Purchase of treasury shares	$ (179,092)				$ (179,092)					(179,092)
Purchase of treasury shares (in shares)	(5,636,772)				(5,636,772)
Restricted share units vested				$ 2		(2)
Restricted share units vested (in shares)				202,694
Exercise of share options	$ 5,485			$ 2		5,483				5,485
Exercise of share options (in shares)	236,878			236,878
Share-based compensation expense	$ 7,728					7,728				7,728
Preferred shares dividends declared	(19,875)							(19,875)		(19,875)
Dividends declared to common shareholders ($0.25per common share)	(46,235)							(46,235)		(46,235)
Net income	309,424							309,424		309,424
Other comprehensive income (loss):
Change in derivative instruments designated as cash flow hedges	151,814						151,814			151,814
Reclassification of realized gain (loss) on derivative instruments designated as cash flow hedges	(12,709)						(12,709)			(12,709)
Foreign currency translation adjustments	(125)						(125)			(125)
Income tax benefit related to items of other comprehensive loss	(1,380)						(1,380)			(1,380)
Total other comprehensive income (loss)	137,600
Ending Balances at Dec. 31, 2022	$ 1,996,289		$ 300,000	$ 599	$ (337,551)	$ 442,154	$ 147,350	$ 1,443,737		$ 1,996,289
Ending Balances (in shares) at Dec. 31, 2022			12,000	59,943,282	(16,308,627)

Consolidated Statements Of Sh_2

Consolidated Statements Of Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement Of Stockholders Equity [Abstract]
Common stock, dividends, per share, declared	$ 0.25	$ 0.25

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income		$ 309,424	$ 284,288	$ 73,673
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	[1]	292,828	284,115	264,237
Bad debt expense (recovery), net		740	(1,285)	(1,668)
Container write-off (recovery) from lessee default, net		1,910	(4,868)	(260)
Unrealized loss (gain) on financial instruments, net		502	(4,409)	6,044
Amortization of unamortized debt issuance costs and accretion of bond discounts		10,129	9,845	8,112
Debt termination expense			15,209	8,750
Gain on sale of owned fleet containers, net		(76,947)	(67,229)	(27,230)
Share-based compensation expense		7,728	6,699	4,723
Changes in operating assets and liabilities:
Accounts receivable, net		2,804	(6,686)	11,539
Trading containers, net		8,848	(1,911)	7,211
Receipt of payments on finance leases, net of income earned		193,157	104,770	44,569
Interest portion of container leaseback financing receivable		(1,713)	122	(933)
Prepaid expenses and other current assets		(2,519)	(2,577)	1,103
Due from affiliates, net		(382)	(867)	371
Receipt of marketable securities from a lessee			(5,789)
Proceeds from sale of marketable securities		953	2,112
Other assets		2,885	1,139	502
Accounts payable and accrued expenses		2,049	(2,350)	981
Other liabilities		(4,547)	14,823	(1,354)
Due to container investors, net		(1,853)	(712)	(3,281)
Settlement of interest rate swaps			(14,350)
Long-term income tax payable		2,449	700	138
Deferred taxes, net		4,074	994	(972)
Total adjustments		443,095	327,495	322,582
Net cash provided by operating activities		752,519	611,783	396,255
Cash flows from investing activities:
Purchase of containers		(403,738)	(2,082,577)	(745,951)
Payments on container leaseback financing receivable		(533,867)	(18,705)	(116,263)
Proceeds from sale of containers		199,158	142,276	151,021
Receipt of principal payments on container leaseback financing receivable		59,719	30,119	21,485
Other		(2,583)	(1,242)	(194)
Net cash used in investing activities		(681,311)	(1,930,129)	(689,902)
Cash flows from financing activities:
Proceeds from debt		989,650	4,863,756	2,114,260
Payments on debt		(831,010)	(3,635,663)	(1,799,870)
Payment of debt issuance costs		(4,370)	(27,895)	(13,637)
Proceeds from container leaseback financing liability, net			16,305
Principal repayments on container leaseback financing liability, net		(799)	(3,314)	(12,825)
Issuance of preferred shares, net of underwriting discount			290,550
Purchase of treasury shares		(179,092)	(72,220)	(68,493)
Issuance of common shares upon exercise of share options		5,485	9,043	1,295
Dividends paid on common shares		(46,235)	(12,285)
Dividends paid on preferred shares		(19,875)	(9,975)
Purchase of noncontrolling interest			(21,500)
Other			(970)
Net cash (used in) provided by financing activities		(86,246)	1,395,832	220,730
Effect of exchange rate changes		(125)	(79)	177
Net change in cash, cash equivalents and restricted cash		(15,163)	77,407	(72,740)
Cash, cash equivalents and restricted cash, beginning of the year		282,572	205,165	277,905
Cash, cash equivalents and restricted cash, end of the year		267,409	282,572	205,165
Supplemental disclosures of cash flow information:
Cash paid for interest expense and realized loss and settlement of derivative instruments		144,637	145,711	126,958
Income taxes paid		815	1,567	34
Supplemental disclosures of noncash operating activities:
Right-of-use asset for leased properties			272	574
Supplemental disclosures of noncash investing activities:
(Decrease) increase in accrued container purchases		(134,320)	(90,679)	222,253
Containers placed in finance leases		$ 219,813	$ 1,043,323	$ 635,004
[1] Amounts for the years ended December 31, 2021 and 2020 have been reclassified to conform with the 2022 presentation (see Note 1 (u) “Reclassifications and Changes in Presentation”).

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Nature of Business and Summary of Significant Accounting Policies	(1) Nature of Business and Summary of Significant Accounting Policies (a) Nature of Operations Textainer Group Holdings Limited (“TGH”) is incorporated in Bermuda. TGH is the holding company of a group of companies, consisting of TGH and its subsidiaries (collectively, the “Company”), involved in the purchase, management, leasing and resale of a fleet of marine cargo containers. The Company also manages and provides administrative support to the third-party owners’ (the “Container Investors”) container fleets. The Company conducts its business activities in three main areas: Container Ownership, Container Management and Container Resale. These activities are described below (also see Note 9 “Segment Information”). Container Ownership The Company’s containers consist primarily of standard dry freight containers, but also include refrigerated and other special-purpose containers. These owned containers are financed through retained earnings; revolving credit facilities, secured debt facilities and term loans provided by banks; bonds payable to investors; and a public offering of TGH’s common and preferred shares. Expenses related to lease rental income of the owned fleet primarily include direct container expenses, depreciation expense and interest expense. Container Management The Company manages, on a worldwide basis, a fleet of containers for and on behalf of the Container Investors. All rental operations are conducted worldwide in the name of the Company who, as agent for the Container Investors, acquires and sells containers, enters into leasing agreements and depot service agreements, bills and collects lease rentals from the lessees, disburses funds to depots for container handling, and remits net amounts, less management fees and commissions, to the Container Investors. Fees earned by the Company under the management agreements are typically a percentage of net operating income of each Container Investor’s fleet and consist of fees for leasing services related to the management of the containers, sales commissions and net acquisition fees earned on the acquisition of containers. Lease rental income and expenses arising from the operation of the managed fleet are presented on a gross basis, whereby revenue billed to shipping lines and expenses incurred and distributions to the container investors of the managed fleet are presented in the Company’s consolidated statements of operations. Accounts receivable and vendor payables arising from direct container operations of the managed containers are presented on a gross basis in the Company’s consolidated balance sheets. See Note 2 “Managed Container Fleet” for information on the managed fleet containers. Container Resale The Company buys and subsequently resells containers (trading containers) from third parties. Container sales revenue represents the proceeds on the sale of containers purchased for resale. Cost of containers sold represents the cost of equipment purchased for resale that were sold as well as the related selling costs. The Company earns sales commissions related to the sale of the containers that it manages. (b) Principles of Consolidation and Variable Interest Entity The consolidated financial statements of the Company include TGH and all of its wholly-owned subsidiaries. All significant intercompany accounts and balances have been eliminated in consolidation. The Company determines whether it has a controlling financial interest in an entity by evaluating whether the entity is a variable interest entity or a voting interest entity. If it is determined that the Company does not have a variable interest in the entity, no further analysis is required, and the Company does not consolidate the entity. There were no variable interest entities or voting interest entities (other than wholly-owned subsidiaries) required to be consolidated in the Company's consolidated financial statements as of December 31, 2022 and 2021. Managed Containers The Company enters into container management agreements with Container Investors. The fees earned by the Company for managing container portfolios on behalf of Container Investors are commensurate with the level of effort required to provide those management services and the Company does not have the obligation to absorb losses or the right to receive benefits that may be significant to the Container Investors. As such, the Company is not the primary beneficiary and does not consolidate the Container Investors. Managed containers which are owned by Container Investors are not assets of the Company and are not included in the consolidated financial statements, except for certain managed containers that the Company is deemed to own with associated container leaseback financial liability of the Company in accordance with Topic 842, Leases (see Note 1(a) “Nature of Operations” and Note 2 “Managed Container Fleet”). Owned Containers The majority of the container equipment included in the accompanying consolidated financial statements is owned by Textainer Limited (“TL”), Textainer Marine Containers II Limited (“TMCL II”) and Textainer Marine Containers VII Limited (“TMCL VII”), all Bermuda companies and all of which were wholly-owned subsidiaries of the Company as of December 31, 2022 and 2021. As of December 31, 2022 and 2021, all owned containers are pledged as collateral for debt. (c) Concentration of Credit Risk The Company's container leasing equipment and accounts receivable subject it to potential credit risk. Credit risk is mitigated by the Company's assessment of the creditworthiness of container shipping lines and the ongoing monitoring of the customers’ financial condition, credit history and outstanding accounts receivable balances (see Note 1 (g) “Allowance for Credit Losses” for further discussions on the Company’s ongoing credit review of lessees). The Company’s customers are mainly international shipping lines, which transport goods on international trade routes. Once the containers are on-hire with a lessee, the Company does not track their location. The domicile of the lessee is not indicative of where the lessee is transporting the containers. The Company’s business risk in its geographic concentration lies with the creditworthiness of the lessees rather than the location of the containers or the domicile of the lessees. Total lease rental income, as reported in the consolidated statements of operations, comprises revenue earned from leases on containers in the Company’s total fleet, including revenue earned from leases on containers in its managed fleet. Except for the lessees noted in the table below, no other single lessee accounted for more than 10% of the Company’s total lease rental income during the years ended December 31, 2022, 2021 and 2020: Total Lease Rental Income 2022 2021 2020 Customer A 24.4 % 21.0 % 17.8 % Customer B 11.7 % 12.2 % 13.1 % Customer C 10.8 % 12.1 % 9.7 % Other financial instruments that are exposed to concentrations of credit risk are cash and cash equivalents, restricted cash balances, and derivatives (see Note 1 (e) "Cash and Cash Equivalents and Restricted Cash" and Note 8 "Derivative Instruments" for further discussions). The Company believes no significant concentration risk exists with respect to its cash and cash equivalents and restricted cash balances. The Company does not anticipate any non-performance by the derivative counterparties. (d) Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s management evaluates its estimates on an ongoing basis, including those significantly related to the container leasing equipment, containers held for sale, allowance for credit losses, income taxes and accruals. These estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments regarding the carrying values of assets and liabilities. Actual results could differ from those estimates under different assumptions or conditions. (e) Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents are comprised of interest-bearing deposits or money market securities with original maturities of three months or less. The Company maintains cash and cash equivalents and restricted cash (see Note 10 “Commitments and Contingencies—Restricted Cash”) with various financial institutions. These financial institutions are located in Bermuda, Canada, Malaysia, Singapore, South Africa, the United Kingdom and the United States. A significant portion of the Company’s cash and cash equivalents and restricted cash is maintained with a small number of banks and, accordingly, the Company is exposed to the credit risk of these counterparties in respect of the Company’s cash and cash equivalents and restricted cash. Furthermore, the deposits maintained at some of these financial institutions exceed the amount of insurance provided on the deposits. Restricted cash is excluded from cash and cash equivalents and is included in non-current assets reported within the consolidated balance sheets. (f) Revenue Recognition The components of the Company’s revenue as presented in the consolidated statements of operations and in Note 9 “Segment Information” are as follows: Lease Rental Income Lease rental income arises principally from leasing containers to various international shipping lines and includes all rental charges billed to the lessees. Lease rental income from owned fleet comprises rental income for the container fleet owned by the Company. Lease rental income from managed fleet comprises rental income for the container fleet owned by the Container Investors. For lease accounting purposes, the management agreements with these Container Investors are deemed to convey to the Company the right to control the use of the managed containers and are therefore accounted for as “operating leases - managed fleet” as reported in the consolidated statements of operations (see Note 2 “Managed Container Fleet” for further information). Revenue is recorded when earned according to the terms of the container lease contracts with customers. Revenue is earned and recognized evenly over the period that the equipment is on lease. These contracts are typically for terms of five or more years and are generally classified as operating leases. Where minimum lease payments vary over the lease term, revenue is recognized on a straight-line basis over the term of the lease. Lease rental income comprises daily per diem rental charges due under the lease agreements, together with payments for other charges set forth in the leases, such as handling fees, drop-off charges, pick-up charges, and charges for a damage protection plan. Under long-term lease agreements, containers are usually leased from the Company for periods of five or more years. Under master lease agreements, the lessee is not committed to leasing a minimum number of containers from the Company during the lease term and may generally return the containers to the Company at any time, subject to certain restrictions in the lease agreement. Under long-term lease and master lease agreements, revenue is earned and recognized evenly over the period that the equipment is on lease. Under finance leases, the containers are usually leased from the Company for the remainder of the container’s useful life and ordinarily provide lessees with a right to purchase the subject containers for a nominal amount at the end of the lease term. Finance lease income is recognized using the effective interest method, which generates a constant rate of interest over the period of the lease. Under sales-type leaseback arrangements that are accounted for as financing transactions, the Company recorded a container leaseback financing receivable in the amount paid for the purchased containers that were leased back to the seller-lessees. Payments made by the seller-lessees are recorded as a reduction to the container leaseback financing receivable and as interest income. Interest income is recognized using the effective interest method, which generates a constant rate of interest over the period of the arrangement. The Company’s container leases generally do not include step-rent provisions, nor do they depend on indices or rates. The Company recognizes revenue on container leases that include lease concessions in the form of free-rent periods using the straight-line method over the minimum terms of the leases. The Company will cease recognition of lease revenue if and when a container lessee defaults in making timely payments and when determined that future lease payments are not likely to be collected from the lessee (see Note 1 (f) “Allowance for Credit Losses” for further discussions on the Company’s ongoing credit review of lessees). Management Fees - Non-leasing Under the Company’s management service agreements with Container Investors, fees are earned for the acquisition and sale of containers under management (see Note 2 “Managed Container Fleet” for further information). Acquisition fees from purchases of containers for managed fleet are deferred and recognized as earned on a straight-line basis over the deemed lease term. Trading Container Margin The Company’s trading container sales proceeds arise from the resale of new and used trading containers that were acquired for resale to a wide variety of buyers. The related expenses represent the cost of trading containers sold as well as other selling costs that are recognized as incurred. Revenue is recorded when control of the containers is transferred to the customer, which typically occurs upon delivery to, or pick-up by, the customer and when collectability is reasonably assured. (g) Allowance for Credit Losses Accounts receivable, net investment in finance leases and container leaseback financing receivable are stated at amortized cost net of allowance for credit losses. Subsequent changes in the estimated allowance for credit losses are recognized in “bad debt expense (recovery), net” in the consolidated statements of operations (see Note 5 “Allowance for Credit Losses” for further information). Accounts Receivables The Company maintains allowances, if necessary, for doubtful accounts against accounts receivables resulting from the inability of its lessees to make required payments related to billed amounts under the operating leases, finance leases, container leaseback financing receivable and for sales of owned fleet containers and trading containers. The allowance is developed based on two components: (1) specific reserves for receivables for which management believes full collection is doubtful; and (2) a general reserve for estimated losses inherent in the receivables based upon historical trends and age of the balances. These allowances are based on an ongoing review of the creditworthiness, but not limited to, each lessee’s payment history, management’s current assessment of the financial condition of the Company’s lessees, their ability to make their required payments and the recoverability. The Company considers an account past due when a payment has not been received in accordance with the terms of the lease agreement, and if the financial condition of the Company’s lessees deteriorates resulting in an impairment of their ability to make payments, additional allowances may be required. Accounts receivables are generally written off after an analysis is completed which indicates that collection of the full balance is remote. Changes in economic conditions or other events may necessitate additions or deductions to the allowance for doubtful accounts. The allowance is intended to provide for losses inherent in the owned and managed fleet’s accounts receivable and requires the application of estimates and judgments as to the outcome of collection efforts and the realization of collateral, among other things. Net Investment in Finance Leases and Container Leaseback Financing Receivables The Company maintains allowances for credit losses against net investment in finance leases and container leaseback financing receivable related to unbilled amounts under the finance leases and the sales-type leaseback arrangements accounted for as financing receivable. The Company estimates its potential future expected credit losses based on historical losses from lessee defaults, current economic conditions and reasonable and supportable forecasts that may affect the collectability of the reported amount. The Company monitors its container lessees’ performance and its lease exposures on an ongoing basis. The Company evaluates its exposure by portfolio with similar risk characteristics based on the creditworthiness, external credit data and overall credit quality of its lessees. The Company’s internal risk rating categories are “Tier 1” for the lowest level of risk which are typically the large international shipping lines with strong financial and asset base; “Tier 2” for moderate level of risk which includes lessees which are well-established in the market; and “Tier 3” for the highest level of risk which includes smaller shipping lines or lessees that exhibit high volatility in payments on a regular basis. (h) Direct Container Expenses – Owned Fleet Direct container expense – owned fleet represents the operating costs arising from the containers owned by the Company and includes storage, handling, maintenance and repair, repositioning, agent, and insurance expense. These costs are recognized when incurred. (i) Distribution Expense to Managed Fleet Container Investors The Company’s distribution amounts to Container Investors for the managed fleet includes the net operating income of each Container Investor’s fleet, reduced by associated lease management fees earned and retained by the Company. This amount is also reduced by expenses related to the operation of the managed containers which are presented on a gross basis in the consolidated statements of operations. Expenses related to the operation of the managed containers such as storage, handling, repairs, repositioning, agent, insurance expense and general and administrative expenses are recognized when incurred. (j) Trading Containers and Containers Held for Resale The Company, through one or more of its subsidiaries, buys trading containers for resale, which are valued at the lower of cost or fair value. The cost of trading containers sold is specifically identified. In addition, containers identified as being available for sale are valued at the lower of carrying value or fair value, less cost to sell. The fair value is estimated based on recent gross sales proceeds for sales of similar containers. Trading containers and containers held for resale are not subject to depreciation. (k) Foreign Currencies A functional currency is determined for each of the Company’s entities based on the currency of the primary economic environment in which the entity operates. The Company’s functional currency is the U.S. dollar, excluding its foreign subsidiaries Textainer Equipment Management (United Kingdom) Limited and Textainer Equipment Management (Singapore) Pte Ltd. Assets and liabilities denominated in a currency other than the entity’s functional currency are re-measured into its functional currency at the balance sheet date with a gain or loss recognized in current year net income. Foreign currency exchange gains or losses that arise from exchange rate changes on transactions denominated in a foreign currency are recognized in net income as incurred. Foreign currency exchange losses, reported in “direct container expense – owned fleet” in the consolidated statements of operations were $ 436 , $ 195 , and $ 251 for the years ended December 31, 2022, 2021 and 2020, respectively. For consolidation purposes, the financial statements are translated into U.S. dollars using the current exchange rate for the assets and liabilities and a weighted average exchange rate for the revenues and expenses recorded during the year with any translation adjustment shown as an element of accumulated other comprehensive income. The Company also has certain cash accounts that are denominated in currencies other than the Company's functional currency, which are remeasured at each balance sheet date at the exchange rates in effect as of those dates. The (losses) gains due to changes in exchange rates from remeasurement were $( 855 ), $( 524 ) and $ 654 for the years ended December 31, 2022, 2021 and 2020, respectively, which were included in “other, net” in the consolidated statements of operations. (l) Fixed Assets and Capitalized Implementation Costs Fixed assets are recorded at cost and depreciated on a straight-line basis over the estimated useful lives of such property, furniture and equipment, ranging from three to seven years . Expenditures for maintenance and repairs are expensed as they are incurred. As of December 31, 2022 and 2021, fixed assets amounted to $ 3,654 and $ 1,585 , respectively, net of accumulated depreciation of $ 13,711 and $ 13,296 , respectively, which were included in “other assets” in the consolidated balance sheets. Implementation costs associated with cloud-based hosting arrangement that is a service contract are capitalized when incurred during the application development phase. As of December 31, 2022 and 2021, the Company’s aggregate capitalized implementation costs amounted to $ 11,641 and $ 8,767 , respectively, were included in “prepaid expenses and other current assets” in the Company’s consolidated balance sheets. Amortization of the capitalized implementation costs relating to the new enterprise resource planning (ERP) system commenced in January 2022 when the hosting arrangement was ready for its intended use and is being amortized on a straight-line basis over seven years which is the term of the hosting arrangement, including reasonably certain renewals. As of December 31, 2022, the Company recorded amortization of capitalized implementation costs of $ 937 , which was included in “general and administrative expense” in the Company’s consolidated statements of operations. (m) Containers Capitalized costs for container leasing equipment include the container cost payable to the manufacturer, inspection, delivery and the associated transportation costs incurred in moving the Company’s containers from the manufacturer to the containers’ first destined port. Container leasing equipment are depreciated using the straight-line method over their estimated useful lives to an estimated residual value. Used containers are depreciated based upon their remaining useful lives at the date of acquisition to an estimated residual value. Repair and maintenance costs that do not extend the useful lives of the container leasing equipment are recognized in “direct container expense - owned fleet” in the consolidated statements of operations at the time the costs are incurred. The Company evaluates the estimated residual values and remaining estimated useful lives on a regular basis to determine whether a change in its estimates of useful lives and residual values is warranted. To perform this assessment, the Company analyzed sales data over a minimum of a ten-year period which reflected the cyclical nature of the global economic environment and its industry and assessed whether the average selling prices fall within a reasonable range compared to current residual values. The Company determined that a ten-year length of time includes sufficient periods of high and low used container prices to estimate future residual values. If the ten-year period was outside of the range of a container type, the Company evaluated the trend in average selling prices over three, five, and seven-year periods to corroborate the trend in the ten-year period. The Company then performed a comparison of the estimated residual values to publicly available peer data within the industry. The Company completed its annual depreciation and residual value policy review and concluded no change was necessary during the year ended December 31, 2022. The Company estimates the useful lives and residual values of its container leasing equipment to be as follows: As of December 31, 2022 and 2021 Estimated useful Residual life (years) Value Dry containers other than open top and flat rack 20' 13 $ 1,000 40' 14 $ 1,200 40' high cube 13 $ 1,400 45' high cube 13 $ 1,500 Refrigerated containers: 20' 12 $ 2,750 20' high cube 12 $ 2,049 40' high cube 12 $ 4,000 Open top and flat rack containers: 20' folding flat rack 15 $ 1,300 40' folding flat rack 16 $ 1,700 20' open top 15 $ 1,500 40' open top 14 $ 2,500 Tank containers 20 10 % of cost The cost, accumulated depreciation and net book value of the Company’s container leasing equipment by equipment type as of December 31, 2022 and 2021 were as follows: 2022 2021 Cost Accumulated Net Book Cost Accumulated Net Book Dry containers other than 20' $ 1,469,668 $ ( 490,098 ) $ 979,570 $ 1,530,464 $ ( 471,549 ) $ 1,058,915 40' 121,512 ( 51,170 ) 70,342 141,292 ( 55,448 ) 85,844 40' high cube 3,416,785 ( 906,234 ) 2,510,551 3,496,469 ( 791,349 ) 2,705,120 45' high cube 24,718 ( 13,865 ) 10,853 27,354 ( 13,871 ) 13,483 Refrigerated containers: 20' 15,537 ( 8,472 ) 7,065 18,445 ( 8,899 ) 9,546 20' high cube 116 ( 95 ) 21 809 ( 606 ) 203 40' high cube 1,122,563 ( 503,886 ) 618,677 1,163,149 ( 462,645 ) 700,504 Open top and flat rack 20' folding flat 15,840 ( 5,818 ) 10,022 16,206 ( 5,291 ) 10,915 40' folding flat 46,519 ( 20,335 ) 26,184 47,739 ( 19,073 ) 28,666 20' open top 12,731 ( 2,329 ) 10,402 13,046 ( 2,090 ) 10,956 40' open top 19,215 ( 4,774 ) 14,441 21,394 ( 4,827 ) 16,567 Tank containers 129,587 ( 22,591 ) 106,996 107,175 ( 16,016 ) 91,159 Total Containers $ 6,394,791 $ ( 2,029,667 ) $ 4,365,124 $ 6,583,542 $ ( 1,851,664 ) $ 4,731,878 See Note 2 “Managed Container Fleet” for information on the managed fleet containers included above. Impairment of Container Leasing Equipment The Company reviews its container leasing equipment for impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. The Company compares the carrying value of the container leasing equipment to the expected future undiscounted cash flows for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds expected future undiscounted cash flows, the assets are reduced to fair value. There was no such impairment on the Company’s container leasing equipment for the years ended December 31, 2022, 2021 and 2020. Write-Off (Recoveries) of Container Leasing Equipment due to Lessees in Default The Company evaluates the recoverability of the recorded amounts of container leasing equipment that are unlikely to be recovered from lessees in default. The Company recorded impairment charges during the years ended December 31, 2022, 2021 and 2020 of $ 1,935 , $ 2,793 and $ 0 , respectively, to write-off containers that were unlikely to be recovered from lessees in default, offset by gains of $ 827 , $ 7,662 and $ 1,647 , respectively, associated with recoveries on containers previously estimated as lost with lessees in default. The gain on container recovery of $ 7,577 during the year ended December 31, 2021 was mainly due to the reinstatement of containers with a previously insolvent and bankrupt lessee who made a successful exit from bankruptcy, and such containers had been written off in 2019. The gain on container recovery of $ 1,644 during the year ended December 31, 2020 was mainly due to a settlement agreement with an insolvent lessee on containers which were previously written off in 2018. These amounts are recorded in the consolidated statements of operations as “container lessee default expense (recovery), net”. Impairment of Containers Held for Sale Containers identified as being available for sale are valued at the lower of carrying value or fair value, less costs to sell. The Company records impairment to write-down the value of containers held for sale to their estimated fair value, less cost to sell, under observable (Level 2) market inputs. The fair value was estimated based on recent gross sales proceeds for sales of similar types of containers in the locations in which the containers are stored. When containers are sold or otherwise retired, the cost and related accumulated depreciation are removed, and any resulting gain or loss is recognized. Subsequent additions or reductions to the fair values of these written down assets are recorded as adjustments to the carrying value of the containers held for sale. The carrying value of containers held for sale that have been impaired and written down to their estimated fair value less cost to sell was $ 3,556 and $ 270 as of December 31, 2022 and 2021, respectively. Any subsequent increase in fair value less costs to sell is recognized as a reversal of container impairment but not in excess of the cumulative loss previously recognized. During the years ended December 31, 2022, 2021 and 2020, the Company recorded container impairment charges (reversals) of $ 2,325 , $( 385 ) and $ 11,094 , respectively, to write down the value of containers held for sale to their estimated fair value less cost to sell, net of reversals of previously recorded impairments on containers held for sale, due to rising used container prices. The impairment charges (reversals) are included in “depreciation and amortization” in the consolidated statements of operations. During the years ended December 31, 2022, 2021 and 2020, the Company recorded the following net gain on sale of containers, included in “gain on sale of owned fleet containers, net” in the consolidated statements of operations: 2022 2021 2020 Units Amount Units Amount Units Amount Gain on sale of previously written 2,765 $ 431 3,430 $ 2,165 51,541 $ 15,451 Gain on sale of owned fleet 77,217 76,516 50,550 65,064 54,807 11,779 Gain on sale of owned fleet 79,982 $ 76,947 53,980 $ 67,229 106,348 $ 27,230 Gain on sale of owned fleet containers, net The Company also generally sells containers at the end of their useful lives or when it is financially attractive to do so. The gain on sale of owned fleet containers is the excess of the sale price over the carrying value for these units at the time of sale. Revenue is recorded when control of the containers is transferred to the customer, which typically occurs upon delivery to, or pick-up by, the customer and when collectability is reasonably assured. Gain on sale of owned fleet containers, net, also includes gains (losses) recognized at the inception of sales-type leases of our owned fleet, representing the excess (deficiency) of the estimated fair value of containers placed on sales-type leases over (below) their book value. (n) Container Lessee Default Expense (Recovery), net One of the Company’s customers became bankrupt in 2019. In 2021, the bankruptcy settlement agreement related to the restructuring of the previously insolvent customer was finalized. As a result of the assessment of the previously insolvent customer’s restructuring and successful exit from bankruptcy, the Company recorded a container loss recovery of $ 7,986 included in “container lessee default expense (recovery), net” in the consolidated statements of operations during the year ended December 31, 2021. The Company did not submit a final insurance claim after its review of the previously insolvent customer’s restructuring plan, therefore, the insurance receivable of $ 2,106 was written-off and included in “container lessee default expense (recovery), net” in the consolidated statements of operations during the year ended December 31, 2021. (o) Income Taxes The Company uses the asset and liability method to account for income taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred

Managed Container Fleet

Managed Container Fleet	12 Months Ended
	Dec. 31, 2022
Revenue From Contract With Customer [Abstract]
Managed Container Fleet	(2) Managed Container Fleet As part of the Company’s on-going business operation, the Company from time to time purchases containers on behalf of Container Investors. The Company enters into management agreements with the Container Investors whereby the Company, as agent for the Container Investors, purchases and leases out these containers and manages all of the Container Investors’ rights and obligations in respect of such containers and leases. The acquisition of these containers is funded entirely by the Container Investors and all risks and rewards of ownership of these containers vest and remain exclusively with the Container Investors. The Container Investors have no rights or recourse against the Company in the event of physical loss or damage, failure to lease out, any lessee default or any other risk in respect of the containers. The Container Investors pay the Company an acquisition fee for acquiring containers on their behalf at the time of acquisition and a fee for management services, including services associated with ultimately disposing of the containers on behalf of the Container Investors. Lease rental income and expenses from the managed fleet owned by Container Investors are reported on a gross basis. Lease rental income from managed fleet represents rental charges billed to the ultimate lessees for the managed fleet, including charges for handling fees, drop-off charges, pick-up charges, and charges for a damage protection plan that is set forth in the leases. Management fees from non-leasing services are earned for acquiring new managed containers and sales commissions are earned from sales of the managed containers on behalf of the Container Investors, which are generally calculated as a fixed percentage of the cost of the managed containers purchased and the proceeds from the sale of the managed containers, respectively. Under the Company’s fleet management agreements for managed containers, the Company is responsible for providing the leasing services to the customers and responsible for directing and integrating third-party vendors to fulfill its performance obligations. Therefore, it was determined that the management agreements with these Container Investors are deemed to convey to the Company the right to control the use of the managed containers and are therefore accounted for as a lease. See Note 1 (f) “Accounting Policies and Recent Accounting Pronouncements – Revenue Recognition” for further information. Containers - December 31, 2018 and Prior Distribution expense to managed fleet container investors represents direct container expenses of the managed containers and the amounts distributed to the Container Investors, reduced by associated lease management fees earned and retained by the Company. Managed containers in the Company’s managed fleet on or before December 31, 2018 are not included in the Company’s container leasing equipment in the Company’s consolidated balance sheet as of December 31, 2022 and 2021. Container Purchases On or After January 1, 2019 Distribution expense to managed fleet container investors represents direct container expenses of the managed containers. From an accounting perspective, in accordance with Topic 842 - Leases which was effective January 1, 2019 for the Company and under the management arrangements, the Company is deemed to control the containers owned by the Container Investors before they are leased out. Furthermore, the deemed leaseback is considered a sales-type lease under Topic 842, with the Company as lessee and the Container Investors as lessors. The Company is deemed to own certain of the managed containers purchased by the Company on or after January 1, 2019 for and on behalf of Container Investors, notwithstanding the contractual management relationship which the Company has with the Container Investors. Accordingly, such managed containers are included in “containers, net” in the Company’s consolidated balance sheets as of December 31, 2022 and 2021 and depreciated using the straight-line method over their estimated useful lives to an estimated dollar residual value per the Company’s depreciation policy (see Note 1 (m) “Accounting Policies and Recent Accounting Pronouncements – Containers”). The purchase consideration paid by the Container Investors for such containers is reported as a deemed financial liability of the Company. Subsequent net operating income distributions made by the Company to the Container Investors are recorded as a reduction to the financial liability and as interest expense using the effective interest method. The net book value for these managed containers and the associated financial liability will reduce over time and will be removed upon container sale, irrespective of the amount realized in such sale. As of December 31, 2022 and 2021, the Company’s container leaseback financial liability to the Container Investors amounted to $ 14,841 and $ 15,977 , respectively, which were reported as "other liabilities” in the consolidated balance sheets. The Company’s container leasing equipment includes such managed containers in the consolidated balance sheets as of December 31, 2022 and 2021, which consisted of the following: 2022 2021 Cost Accumulated Net Book Cost Accumulated Net Book Containers - owned fleet $ 6,378,374 $ ( 2,027,743 ) $ 4,350,631 $ 6,566,785 $ ( 1,850,721 ) $ 4,716,064 Containers - managed fleet 16,417 ( 1,924 ) 14,493 16,757 ( 943 ) 15,814 Total containers $ 6,394,791 $ ( 2,029,667 ) $ 4,365,124 $ 6,583,542 $ ( 1,851,664 ) $ 4,731,878 I ncome from the managed fleet, including management fees earned from acquisition fees and sales commissions during 2022, 2021 and 2020 were as follows: 2022 2021 2020 Lease rental income - managed fleet $ 49,635 $ 56,037 $ 62,448 Less: distribution expense to managed fleet ( 44,150 ) ( 50,360 ) ( 57,311 ) Less: depreciation and interest expense on managed ( 1,836 ) ( 1,348 ) ( 730 ) 3,649 4,329 4,407 Management fees from non-leasing services 2,812 3,360 5,271 Total $ 6,461 $ 7,689 $ 9,678 The Company’s consolidated balance sheets also include the accounts receivable from the lessees of the managed fleet which are uncollected lease billings related to the containers managed by the Company for the Container Investors. Amounts billed under leases for the managed fleet (“sub-leases”) are recorded in accounts receivable with a corresponding credit to due to container investors. As sub-lessor, the Company is required to remit accounts receivable from lessees of the managed fleet to the Container Investors once paid in accordance with the terms of the management agreements. The Company’s consolidated balance sheets also include the prepaid expenses and accounts payable and accrued expenses related to the containers managed by the Company for the Container Investors. The following table provides a reconciliation of the balance sheet accounts from the managed fleet to the total amount as of December 31, 2022 and 2021 in the consolidated balance sheets (also, see Note 3 “Transactions with Affiliates and Container Investors”). Accounts receivable related to the owned fleet pertains to the Company’s uncollected lease billings related to the containers owned by the Company. Prepaid expenses and other current assets and accounts payable and accrued expenses related to the owned fleet represents the Company’s general and administrative costs and operating costs arising from the containers owned by the Company. 2022 2021 Accounts receivable, net - owned fleet $ 107,457 $ 118,107 Accounts receivable, net - managed fleet 7,348 7,639 Total accounts receivable, net $ 114,805 $ 125,746 Prepaid expenses and other current assets - owned fleet $ 16,614 $ 14,142 Prepaid expenses and other current assets - managed fleet 89 42 Total prepaid expenses and other current assets $ 16,703 $ 14,184 Accounts payable and accrued expenses - owned fleet $ 22,868 $ 21,736 Accounts payable and accrued expenses - managed fleet 1,292 375 Total accounts payable and accrued expenses $ 24,160 $ 22,111 Container contracts payable - owned fleet $ 6,648 $ 140,968 Total container contracts payable $ 6,648 $ 140,968

Transactions with Affiliates an

Transactions with Affiliates and Container Investors	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Transactions with Affiliates and Container Investors	(3) Transactions with Affiliates and Container Investors Due from affiliates, net of $ 2,758 and $ 2,376 , as of December 31, 2022 and 2021, respectively, represents lease rentals on tank containers collected on behalf of and payable to the Company from the Company’s tank container manager, net of direct container expenses and management fees. See Note 2 “Managed Fleet” for further detail on management fees earned from the Company’s managed fleet. There was no due to affiliated Container Investors as of December 31, 2022 and 2021. The following table provides a summary of due to container investors, net at December 31, 2022 and 2021: 2022 2021 Accounts receivable, net - managed fleet $ 7,348 $ 7,639 Prepaid expenses and other current assets - managed fleet 89 42 Accounts payable and accrued expenses - managed fleet ( 1,292 ) ( 375 ) 6,145 7,306 Distributions due to container investors on lease rentals collected, net of 9,987 10,679 Due to container investors, net $ 16,132 $ 17,985

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	(4) Leases (a) Lessor The Company’s lease rental income during 2022, 2021 and 2020 were as follows: 2022 2021 2020 Owned Managed Total Owned Managed Total Owned Managed Total Lease rental income - operating leases $ 595,202 $ 47,694 $ 642,896 $ 577,946 $ 54,652 $ 632,598 $ 469,109 $ 58,175 $ 527,284 Interest income on net 108,359 — 108,359 82,659 — 82,659 30,121 — 30,121 Interest income on container 41,997 — 41,997 21,380 — 21,380 17,243 — 17,243 Variable lease revenue 14,821 1,941 16,762 12,708 1,385 14,093 21,952 4,273 26,225 Total lease rental income $ 760,379 $ 49,635 $ 810,014 $ 694,693 $ 56,037 $ 750,730 $ 538,425 $ 62,448 $ 600,873 Variable lease revenue includes other charges set forth in the leases, such as handling fees, pick-up and drop-off charges and charges for damage protection plan. For finance leases, the net selling gain (loss) recognized at lease commencement, representing the difference between the estimated fair value of containers placed on these leases and their net book value, in the amount of $ 1,423 , $ 2,610 and $( 144 ) for the years ended December 31, 2022, 2021 and 2020, respectively, are included in “gain on sale of owned fleet containers, net” in the consolidated statements of operations. Operating Leases The following is a schedule, by year, of future minimum lease payments receivable under the long-term leases for the owned and managed container fleet as of December 31, 2022: Owned Managed Total Year ending December 31: 2023 $ 454,913 $ 28,933 $ 483,846 2024 386,191 25,930 412,121 2025 300,954 20,948 321,902 2026 228,995 16,213 245,208 2027 169,451 11,830 181,281 2028 and thereafter 374,014 8,078 382,092 Total future minimum lease payments receivable $ 1,914,518 $ 111,932 $ 2,026,450 Container Leaseback Financing Receivable The Company’s container leaseback financing receivable pertains to containers purchased that were leased back to the seller-lessees through a sales-type leaseback arrangement that are accounted for as financing transactions. The following table represents the components of the container leaseback financing receivable as of December 31, 2022 and 2021: 2022 2021 Future minimum payments receivable $ 1,179,515 $ 483,325 Less: unearned income ( 354,769 ) ( 129,065 ) Container leaseback financing receivable (1) 824,746 354,260 Less: Allowance for credit losses ( 114 ) ( 113 ) Container leaseback financing receivable, net (2) $ 824,632 $ 354,147 Amounts due within one year 53,652 30,317 Amounts due beyond one year 770,980 323,830 Container leaseback financing receivable, net $ 824,632 $ 354,147 (1) One major customer represented 97.4 % and 90.6 % of the Company’s container leaseback financing receivable portfolio as of December 31, 2022 and 2021, respectively. (2) As of December 31, 2022 and 2021, the fair value of container leaseback financing receivable (including the short-term balance) was approximately $ 732,951 and $ 357,828 , respectively, and was measured using Level 2 inputs. Net Investment in Finance Leases The following table represents the components of the net investment in finance leases as of December 31, 2022 and 2021: 2022 2021 Future minimum lease payments receivable $ 2,487,365 $ 2,558,339 Residual value of containers 47,686 16,532 Less: unearned income ( 713,736 ) ( 768,038 ) Net investment in finance leases (1) 1,821,315 1,806,833 Less: Allowance for credit losses ( 1,279 ) ( 743 ) Net investment in finance leases, net (2) $ 1,820,036 $ 1,806,090 Amounts due within one year 130,913 113,048 Amounts due beyond one year 1,689,123 1,693,042 Net investment in finance leases, net $ 1,820,036 $ 1,806,090 (1) One major customer represented 80.8 % and 85.1 % of the Company’s finance lease portfolio as of December 31, 2022 and 2021, respectively. No other customer represented more than 10% of the Company’s finance leases portfolio in each of those periods. (2) As of December 31, 2022 and 2021, the fair value of net investment in finance leases (including the short-term balance) was approximately $ 1,659,155 and $ 1,810,712 , respectively, and was measured using Level 2 inputs. The following is a schedule by year of future minimum lease payments receivable under container leaseback financing receivable and net investment in finance leases as of December 31, 2022: Year ending December 31: Container Leaseback Financing Receivable Net Investment in Finance Leases Total 2023 $ 99,927 $ 232,689 $ 332,616 2024 95,974 228,958 324,932 2025 88,427 211,967 300,394 2026 86,942 207,216 294,158 2027 86,942 201,909 288,851 2028 and thereafter 721,303 1,404,626 2,125,929 Total future minimum lease payments receivable $ 1,179,515 $ 2,487,365 $ 3,666,880 (b) Lessee Right-of-use (“ROU”) lease assets and lease liabilities are recognized for the Company’s office space leases at the commencement date based on the present value of lease payments over the lease term. The Company does not recognize a related ROU asset and lease liability for short-term leases having a lease term of twelve months or less. As of December 31, 2022 and 2021, ROU operating lease assets amounted to $ 7,299 and $ 8,988 , respectively, which were reported in “ other assets ” in the consolidated balance sheets. As of December 31, 2022 and 2021, total lease liabilities amounted to $ 9,112 and $ 11,044 , respectively, which were reported in “ other liabilities ” in the consolidated balance sheets. As of December 31, 2022, the weighted average discount rate was 4.75 % and the weighted average remaining lease term was 3 years. Operating lease expense is recognized on a straight-line basis over the lease term and is reported in “general and administrative expense” in the consolidated statements of operations. Rent expense and other information related to the Company's operating leases during 2022, 2021 and 2020 are as follows: 2022 2021 2020 Operating lease cost $ 2,084 $ 2,103 $ 2,103 Short-term and variable lease cost 216 112 128 Total rent expense $ 2,300 $ 2,215 $ 2,231 Cash paid for amounts included in the measurement of lease liabilities $ 2,349 $ 2,379 $ 2,221 Future minimum lease payment obligations under the Company’s noncancelable operating leases at December 31, 2022 were as follows: Operating leases Year ending December 31: 2023 $ 2,334 2024 2,385 2025 2,130 2026 2,179 2027 935 2028 and thereafter — Total minimum lease payments 9,963 Less imputed interest ( 851 ) Total present value of operating lease liabilities $ 9,112

Allowance for Credit Losses

Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2022
Allowance For Credit Loss [Abstract]
Allowance for Credit Losses	(5) Allowance for Credit Losses The Company’s allowance for credit losses is estimated based on historical losses, current economic conditions, and ongoing review of the credit worthiness, but not limited to, each lessee’s payment history, lessee credit ratings, management’s current assessment of each lessee’s financial condition and the recoverability. Accounts Receivable The allowance for credit losses included in accounts receivable, net, amounted to $ 1,582 and $ 1,290 as of December 31, 2022 and 2021, respectively. As of December 31, 2022 and 2021, the allowance for credit losses related to the billed amounts under the container leaseback financing receivable and finance leases that were included in accounts receivable, net, amounted to $ 586 and $ 592 , respectively. Net Investment in Finance Leases and Container Leaseback Financing Receivable The allowance for credit losses related to unbilled amounts under finance leases and included in net investment in finance leases, net, amounted to $ 1,279 and $ 743 as of December 31, 2022 and 2021, respectively. The allowance for credit losses related to unbilled amounts under the financing arrangements and included in container leaseback financing receivable, net, amounted to $ 114 and $ 113 as of December 31, 2022 and 2021, respectively. As of December 31, 2022, the Company’s net investment in finance leases and container leaseback financing receivable are primarily comprised of the largest shipping lines under “Tier 1” risk rating which represented 88.3 % and 97.4 %, respectively, of the Company’s portfolio (see Note (g) “Nature of Business and Summary of Significant Accounting Policies” for description of internal risk ratings). The following table presents the net investment in finance leases and container leaseback financing receivable by internal credit rating category and year of origination as of December 31, 2022: Year Ended December 31, 2022 2021 2020 2019 2018 Prior Total Tier 1 $ 84,987 $ 818,866 $ 566,132 $ 97,860 $ 31,042 $ 8,464 $ 1,607,351 Tier 2 33,981 76,583 32,822 28,761 15,899 1,742 189,788 Tier 3 9,726 6,430 1,823 5,853 331 13 24,176 Net investment in finance leases $ 128,694 $ 901,879 $ 600,777 $ 132,474 $ 47,272 $ 10,219 $ 1,821,315 Tier 1 $ 504,774 $ 11,435 $ 100,662 $ 186,170 $ — $ — $ 803,041 Tier 2 — 4,021 — 17,684 — — 21,705 Container leaseback financing receivable $ 504,774 $ 15,456 $ 100,662 $ 203,854 $ — $ — $ 824,746

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	(6) Income Taxes The Company is not subject to taxation in its country of incorporation; however, the Company is subject to taxation in certain other jurisdictions due to the nature of the Company’s operations. The Company estimates its tax liability based upon its understanding of the tax laws of the various countries in which it operates. Income tax expense (benefit) for 2022, 2021 and 2020 consisted of the following: 2022 2021 2020 Current Bermuda $ — $ — $ — Foreign 2,087 594 446 2,087 594 446 Deferred Bermuda — — — Foreign 5,452 1,179 ( 819 ) 5,452 1,179 ( 819 ) $ 7,539 $ 1,773 $ ( 374 ) The components of income before income taxes and noncontrolling interest were as follows: 2022 2021 2020 Bermuda sources $ — $ — $ — Foreign sources 316,963 286,061 73,299 $ 316,963 $ 286,061 $ 73,299 A reconciliation of the differences between the Bermuda statutory income tax rate and the effective tax rate as provided in the consolidated statements of operations is as follows: 2022 2021 2020 Bermuda tax rate $ — 0.00 % $ — 0.00 % $ — 0.00 % Foreign tax rate 3,471 1.10 % 271 0.09 % ( 1,291 ) ( 1.76 )% Tax uncertainties 4,068 1.28 % 1,502 0.53 % 917 1.25 % $ 7,539 2.38 % $ 1,773 0.62 % $ ( 374 ) ( 0.51 )% The components of income tax expense and effective tax rate were as follows: 2022 2021 2020 Income before income tax and noncontrolling interests $ 316,963 $ 286,061 $ 73,299 Tax uncertainties $ 4,068 1.28 % $ 1,502 0.53 % $ 917 1.25 % Foreign taxes Stock base compensation ( 27 ) ( 0.01 )% ( 622 ) ( 0.22 )% ( 94 ) ( 0.13 )% 162(m) officers' compensation 459 0.14 % 412 0.14 % 102 0.14 % Adjustment for prior years 134 0.04 % ( 392 ) ( 0.14 )% 47 0.06 % Foreign derived intangible income ( 455 ) ( 0.14 )% ( 329 ) ( 0.12 )% ( 112 ) ( 0.15 )% Valuation allowance — — ( 382 ) ( 0.13 )% 67 0.09 % Foreign rate difference 3,415 1.08 % 1,583 0.55 % ( 1,333 ) ( 1.82 )% Other ( 55 ) ( 0.02 )% 1 0.00 % 32 0.04 % 3,471 1.10 % 271 0.09 % ( 1,291 ) ( 1.76 )% $ 7,539 2.38 % $ 1,773 0.62 % $ ( 374 ) ( 0.51 )% The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2022 and 2021 are presented below: 2022 2021 Deferred tax assets Net operating loss carryforwards $ 16,360 $ 17,765 Other ( 92 ) 1,006 16,269 18,771 Valuation allowance — — Deferred tax assets 16,269 18,771 Deferred tax liabilities Containers, net 28,239 25,287 Other — — Deferred tax liabilities 28,239 25,287 Net deferred tax liabilities $ 11,970 $ 6,516 In assessing the extent to which deferred tax assets are realizable, the Company’s management considers whether it is more likely than not that the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company’s management considers the projected future reversal of taxable temporary items for making this assessment. Based upon the projections for the reversal of taxable temporary items over the periods in which the deferred tax assets are deductible, as well as the estimated usage of deferred tax assets to offset against 2022 and 2021 taxable income, the Company’s management believes it is more likely than not the Company will realize the benefits of these deductible differences in 2022 and 2021, thus no valuation allowance has been provided for the years ended December 31, 2022 and 2021. On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"). The enactment of the CARES Act does not result in any material adjustments to the Company’s provision for income taxes. The Company has U.S. federal net operating loss carry-forwards of $ 69,807 that will begin to expire from December 31, 2032 through December 31, 2037 if not utilized and $ 6,943 with no expiration date. The Company expects to utilize the net operating loss carry-forwards prior to their expiration. In the United States, utilization of net operating loss carry-forwards for federal income tax purposes may be subject to a substantial annual limitation if there is an ownership change within the meaning of Section 382 of the Internal Revenue Code. In general, an ownership change within the meaning of Section 382 occurs if a transaction or series of transactions over a three-year period result in a cumulative change of more than 50 % in the beneficial ownership of a company’s stock. The Company’s management does not believe the Company has a limitation on the ability to utilize its net operating loss carry-forwards under Section 382 as of December 31, 2022. However, issuances, sales and/or exchanges of the Company’s stock (including, potentially, relatively small transactions and transactions beyond the Company’s control) occurring after December 31, 2022, taken together with prior transactions with respect to the Company’s stock over a three-year period, could trigger an ownership change under Section 382 in the future and therefore a limitation on the Company’s ability to utilize its net operating loss carryforwards. Any such limitation could cause some loss carryforwards to expire before the Company would be able to utilize them to reduce taxable income in future periods, possibly resulting in a substantial income tax expense or write down of the Company’s tax assets or both. The accompanying consolidated financial statements do not reflect the income taxes that would be payable to foreign taxing jurisdictions if the earnings of a group of corporations operating in those jurisdictions were to be transferred out of such jurisdictions, because such earnings are intended to be permanently reinvested in those countries. At December 31, 2022, cumulative earnings of approximately $ 47,417 would be subject to income taxes of approximately $ 14,225 if such earnings of foreign corporations were transferred out of such jurisdictions in the form of dividends. The Company’s foreign tax returns, including the United States, State of California, State of New Jersey, State of Texas, Malaysia, Singapore, and United Kingdom, are subject to examination by the various tax authorities. The Company’s foreign tax returns are no longer subject to examinations by taxing authorities for years before 2015, except for its United States and State of California tax returns which are no longer subject to examinations for years before 2011 and 2008, respectively. A reconciliation of the beginning and ending unrecognized tax benefit amounts for 2022 and 2021 are as follows: Balance at December 31, 2020 $ 20,575 Increases related to prior year tax positions 156 Increases related to current year tax positions 2,878 Lapse of statute of limitations ( 1,457 ) Balance at December 31, 2021 $ 22,152 Decreases related to prior year tax positions ( 158 ) Increases related to current year tax positions 5,474 Lapse of statute of limitations ( 1,320 ) Balance at December 31, 2022 $ 26,148 If the unrecognized tax benefits of $ 26,148 at December 31, 2022 were recognized, tax benefits in the amount of $ 26,074 would reduce our annual effective tax rate. The Company believes the total amount of unrecognized tax benefit as of December 31, 2022 will decrease by $ 1,274 in the next twelve months due to expiration of the statute of limitations, which would reduce our annual effective tax rate. Interest and penalty expense recorded during 2022, 2021 and 2020 amounted to $ 69 , $( 78 ) and $( 11 ), respectively. Total accrued interest and penalties as of December 31, 2022 and 2021 were $ 1,451 and $ 1,381 , respectively, and were included in non-current income taxes payable.

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt	(7) Debt The following represents the Company’s debt obligations as of December 31, 2022 and 2021: 2022 2021 Outstanding Average Interest Outstanding Average Interest Final Maturity TL Revolving Credit Facility $ 1,367,858 5.78 % $ 1,062,858 1.60 % August 2027 TL 2019 Term Loan 127,293 3.50 % 138,578 3.50 % December 2026 TL 2021-1 Term loan 60,314 2.65 % 65,804 2.65 % February 2028 TL 2021-2 Term Loan 192,202 2.90 % 206,635 2.90 % October 2028 TMCL II Secured Debt Facility (1) 1,239,440 6.00 % 1,073,741 1.75 % November 2028 TMCL VII 2020-1 Bonds 332,413 3.06 % 388,194 3.07 % August 2045 TMCL VII 2020-2 Bonds 476,279 2.26 % 535,690 2.26 % September 2045 TMCL VII 2020-3 Bonds 175,750 2.15 % 195,861 2.15 % September 2045 TMCL VII 2021-1 Bonds 467,881 1.72 % 513,333 1.72 % February 2046 TMCL VII 2021-2 Bonds 564,373 2.27 % 616,469 2.27 % April 2046 TMCL VII 2021-3 Bonds 536,000 1.98 % 584,000 1.98 % August 2046 Total debt outstanding (2) 5,539,803 5,381,163 Unamortized debt premiums and discounts ( 34,884 ) ( 40,643 ) Debt, net of unamortized costs $ 5,504,919 $ 5,340,520 Debt, net of unamortized costs - current $ 377,898 $ 380,207 Debt, net of unamortized costs - non-current $ 5,127,021 $ 4,960,313 (1) Final maturity of the TMCL II Secured Debt Facility is based on the assumption that the facility will not be extended on its scheduled conversion date. (2) The fair value of total debt based on the borrowing rates available to the Company was approximately $ 5,107,874 and $ 5,320,366 at December 31, 2022 and 2021, respectively, and was measured using Level 2 inputs. The Company hedges the risks associated with fluctuations in interest rates on a portion of its floating-rate debt by entering into interest rate swap agreements that convert a portion of its floating-rate debt to a fixed rate basis, thereby reducing the impact of interest rate changes on future interest expense. The following table summarizes the Company's outstanding fixed-rate and floating-rate debt as of December 31, 2022: Balance Outstanding Contractual Weighted Average Interest Rate Excluding impact of derivative instruments: Fixed-rate debt $ 2,932,505 2.32 % Floating-rate debt 2,607,298 5.88 % Including impact of derivative instruments: Fixed-rate debt 2,932,505 2.32 % Hedged floating-rate debt 2,071,125 2.88 % Total fixed and hedged debt 5,003,630 2.55 % Unhedged floating-rate debt 536,173 5.83 % Total $ 5,539,803 2.87 % The Company’s debt facilities are secured by specific pools of containers and related assets owned by the Company. The Company’s debt agreements contain various restrictive financial and other covenants related to leverage, interest coverage, fixed charge coverage, container sales proceeds ratio, net income and debt levels and consolidated tangible net worth, including limitations on certain liens, indebtedness and investments. TL's revolving credit facility and term loans also contain limitation on loan and dividend payment to TGH. All of the Company’s debt facilities contain restrictive covenants on borrowing base minimums. Under the terms of the debt agreements, the total outstanding principal may not exceed an amount that is calculated as the total of the eligible containers designated to the respective facility multiplied by a certain advance rate, plus the restricted cash amount (the “Asset Base”). For secured debt and revolving credit facilities, the total outstanding principal may not exceed the lesser of the commitment amount or the Asset Base. TGH and its subsidiaries were in compliance with these restrictive covenants as of December 31, 2022. Secured Debt Facility TMCL II has a securitization facility (the “TMCL II Secured Debt Facility”) that provides for an aggregate commitment amount of up to $ 1,500,000 . There is a commitment fee on the unused amount of the total commitment, payable monthly in arrears. The TMCL II Secured Debt Facility has a conversion date and final maturity date of November 2024 and November 2028 , respectively, with interest rate during the revolving period of daily SOFR plus a spread of 1.60 %, payable monthly in arrears. Revolving Credit Facility TL has a revolving credit facility (the “TL Revolving Credit Facility”) that provides for an aggregate commitment amount of up to $ 1,900,000 (which includes a $ 25,000 letter of credit facility). There is a commitment fee on the unused amount of the total commitment, payable quarterly in arrears. The TL Revolving Credit Facility provides for payments of interest only during its term beginning on its inception date through August 2027 when all borrowings are due in full. In August 2022, TL entered into an amendment of the TL Revolving Credit Facility which increased the aggregate commitment amount from $ 1,500,000 to $ 1,900,000 , extended the maturity date to August 2027 , and transitioned the benchmark interest rate to SOFR due to the upcoming LIBOR discontinuation. The applicable interest rate was amended to daily SOFR plus a spread of 1.475 %, payable monthly in arrears. The TL Revolving Credit Facility contains cross default provisions that may result in an acceleration of principal repayment under the debt facility if an uncured default condition were to exist. TGH acts as an unconditional guarantor of the TL Revolving Credit Facility. Term Loans TL 2019 Term Loan. TL has a $ 160,000 fixed rate term loan (the “TL 2019 Term Loan”) with a group of financial institutions. Interest on the outstanding amount due under the TL 2019 Term Loan is payable monthly in arrears. TL 2021-1 Term Loan. TL has a $ 70,270 fixed rate term loan (the “TL 2021-1 Term Loan”) with a group of financial institutions. Interest on the outstanding amount due under this term loan is payable monthly in arrears. TL 2021-2 Term Loan. TL has a $ 209,000 fixed rate term loan (the “TL 2021-2 Term Loan”) with a group of financial institutions. Interest on the outstanding amount due under this term loan is payable monthly in arrears. The TL Term Loans contain cross default provisions that may result in an acceleration of principal repayment under the debt facility if an uncured default condition were to exist. TGH acts as an unconditional guarantor of the TL Term Loans. Bonds Payable TMCL VII 2020-1 Bonds. TMCL VII issued $ 380,800 of aggregate Class A principal amount and $ 69,200 of aggregate Class B principal amount of the Series 2020-1 Fixed Rate Asset Backed Notes (the “TMCL VII 2020-1 Bonds”). Under the terms of the TMCL VII 2020-1 Bonds, both principal and interest incurred are payable monthly. TMCL VII 2020-2 Bonds. TMCL VII issued $ 531,600 of aggregate Class A principal amount and $ 76,200 of aggregate Class B principal amount of the Series 2020-2 Fixed Rate Asset Backed Notes (“the TMCL VII 2020-2 Bonds”). Under the terms of the TMCL VII 2020-2 Bonds, both principal and interest incurred are payable monthly. TMCL VII 2020-3 Bonds. TMCL VII issued $ 213,000 of aggregate Class A principal amount and $ 8,000 of aggregate Class B principal amount of the Series 2020-3 Fixed Rate Asset Backed Notes (“the TMCL VII 2020-3 Bonds”). Under the terms of the TMCL VII 2020-3 Bonds, both principal and interest incurred are payable monthly. TMCL VII 2021-1 Bonds. TMCL VII issued $ 523,500 of aggregate Class A and $ 26,500 of aggregate Class B Series 2021-1 Fixed Rate Asset Backed Notes (“the TMCL VII 2021-1 Bonds”). Under the terms of the TMCL VII 2021-1 Bonds, both principal and interest incurred are payable monthly. TMCL VII 2021-2 Bonds. TMCL VII issued $ 605,200 of aggregate Class A and $ 46,000 of aggregate Class B Series 2021-2 Fixed Rate Asset Backed Notes (“the TMCL VII 2021-2 Bonds”). Under the terms of the TMCL VII 2021-2 Bonds, both principal and interest incurred are payable monthly. TMCL VII 2021-3 Bonds. TMCL VII issued $ 548,800 of aggregate Class A and $ 51,200 of aggregate Class B Series 2021-3 Fixed Rate Asset Backed Notes (“the TMCL VII 2021-3 Bonds”). Under the terms of the TMCL VII 2021-3 Bonds, both principal and interest incurred are payable monthly. Estimated Future Principal Payments The following is a schedule of future scheduled repayments, by year, and borrowing capacities, as of December 31, 2022: Twelve months ending December 31, Available Current 2023 2024 2025 2026 2027 2028 and Total as limited by the as limited by the TL Revolving Credit Facility $ — $ — $ 121,409 $ 131,386 $ 1,115,063 $ — $ 1,367,858 $ 272,748 $ 1,640,606 TL 2019 Term Loan 11,687 12,102 12,532 90,972 — — 127,293 — 127,293 TL 2021-1 Term loan 5,637 5,789 5,944 6,103 6,267 30,574 60,314 — 60,314 TL 2021-2 Term Loan 14,858 15,294 15,743 16,205 16,681 113,421 192,202 — 192,202 TMCL II Secured Debt Facility (1) 64,792 100,446 102,631 92,825 83,957 794,789 1,239,440 34,977 1,274,417 TMCL VII 2020-1 Bonds (2) 57,816 58,560 57,552 51,869 57,117 49,499 332,413 — 332,413 TMCL VII 2020-2 Bonds (2) 66,975 69,541 69,827 68,492 73,971 127,473 476,279 — 476,279 TMCL VII 2020-3 Bonds (2) 20,111 20,111 20,111 20,111 20,111 75,195 175,750 — 175,750 TMCL VII 2021-1 Bonds (2) 43,864 43,864 43,864 43,864 43,864 248,561 467,881 — 467,881 TMCL VII 2021-2 Bonds (2) 52,096 52,096 52,096 52,096 52,096 303,893 564,373 — 564,373 TMCL VII 2021-3 Bonds (2) 48,000 48,000 48,000 48,000 48,000 296,000 536,000 — 536,000 Total (3) $ 385,836 $ 425,803 $ 549,709 $ 621,923 $ 1,517,127 $ 2,039,405 $ 5,539,803 $ 307,725 $ 5,847,528 (1) The estimated future scheduled repayments for TMCL II Secured Debt Facility are based on the assumption that the facility will not be extended on its associated conversion date. (2) Future scheduled payments for all bonds payable exclude unamortized discounts in an aggregate amount of $ 485 . (3) Future scheduled payments for all debts exclude prepaid debt issuance costs in an aggregate amount of $ 34,399 .

Derivative Instruments

Derivative Instruments	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Derivative Instruments	(8) Derivative Instruments The Company has entered into several derivative agreements with several banks to reduce the impact of changes in interest rates associated with its variable rate debt. Interest rate swap agreements involve payments by the Company to counterparties at fixed rate interest payments in return for receipts based on floating-rate amounts. The Company has also utilized forward starting interest rate swap agreements to reduce the impact of interest rate changes on anticipated future debt issuances. The Company has also utilized interest rate cap agreements, which place a ceiling on the Company’s exposure to rising interest rates, to manage interest rate risk exposure. The counterparties to the Company’s interest rate swap agreements are highly rated financial institutions. In the unlikely event that the counterparties fail to meet the terms of the interest rate swap agreements, the Company’s exposure is limited to the interest rate differential on the notional amount at each monthly settlement period over the life of the agreements. The Company monitors its counterparties’ credit ratings on an on-going basis and does not anticipate any non-performance by the counterparties. The Company does not have any master netting arrangements with its counterparties. The Company has utilized the income approach to measure at each balance sheet date the fair value of its derivative instruments on a recurring basis using observable (Level 2) market inputs. This approach represents the present value of future cash flows based upon current market expectations. The Company presents the fair value of derivative instruments, which are inclusive of counterparty risk, on a gross basis as separate line items on the consolidated balance sheets. During the year ended December 31, 2021, the Company early terminated a total notional amount of $ 508,250 interest rate swaps not designated as cash flow hedges and entered into new interest rate swaps that were designated for as cash flow hedges. The Company paid a total settlement amount of $ 14,552 , including accrued interest for the cancellation. As of December 31, 2022 and 2021, all of the Company’s interest rate swaps were designated as cash flow hedges for accounting purposes. The following table summarizes the Company’s derivative instruments as of December 31, 2022: Notional Derivative instruments amount Interest rate swap contracts with several banks that were indexed to daily SOFR, with fixed rates between - 0.02 % and 3.84 % per annum, amortizing notional amounts, with termination dates through November 30, 2032 $ 2,071,125 Interest rate cap contract with a bank that was indexed to daily SOFR, with fixed cap rate of 6.33 % per annum, nonamortizing notional amounts, with a termination date of March 31, 2023 100,000 Total notional amount as of December 31, 2022 (1) (2) $ 2,171,125 (1) As of December 31, 2022, the Company completed its amendment of all interest rate swap contracts which were related with the replacement of LIBOR to SOFR due to the reference rate reform. (2) Excludes the Company’s interest rate swap contract with an effective date in a future period (“forward starting interest rate swap”). In February 2022, the Company entered into a forward starting interest rate swap with a bank that was indexed to daily SOFR and with an initial notional amount of $ 100,000 . The Company pays a fixed rate at 1.96 % and with an effective date of February 28, 2024 and termination date of February 28, 2034 . The following table summarizes the fair value of derivative instruments on the consolidated balance sheets as of December 31, 2022 and 2021: Fair Values of Derivative Instruments Assets (liabilities), net Balance at December 31, 2020 $ ( 29,188 ) Change in derivative instruments designated as cash flow hedges 10,986 Reclassification of realized loss on derivative instruments 8,771 Unrealized gain on derivative instruments not designated as cash flow hedges 5,220 Cash settlements on early termination on interest rate swaps not designated as 14,350 Balance at December 31, 2021 10,139 Change in derivative instruments designated as cash flow hedges 151,814 Reclassification of realized gain on derivative instruments ( 12,709 ) Balance at December 31, 2022 $ 149,244 Over the next twelve months, the Company expects to reclassify an estimated net gain of $ 55,087 related to the designated interest rate swap agreements from “accumulated other comprehensive income” in the consolidated statements of shareholders’ equity to “interest expense” in the consolidated statements of operations. The following table summarizes the pre-tax impact of derivative instruments on the consolidated statements of operations and comprehensive income during the years ended December 31, 2022, 2021 and 2020: 2022 2021 2020 Derivative instruments Financial Statement Line Item Non-designated Realized loss on financial instruments, net $ — $ ( 5,408 ) $ ( 12,295 ) Non-designated Unrealized gain (loss) on financial instruments, net $ — $ 5,220 $ ( 6,044 ) Designated Other comprehensive income (loss) $ 151,814 $ 10,986 $ ( 12,307 ) Designated Interest income (expense) $ 12,709 $ ( 8,771 ) $ ( 2,806 )

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Information	(9) Segment Information The Company operates in three reportable segments: Container Ownership, Container Management and Container Resale. The following tables show segment information for 2022, 2021 and 2020: Container Container Container 2022 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 756,980 $ 50,304 $ — $ — $ 2,730 $ 810,014 Management fees - non-leasing $ — $ 223 $ 2,589 $ — $ — $ 2,812 Inter-segment management fees $ — $ 75,116 $ 15,411 $ — $ ( 90,527 ) $ — Trading container margin $ — $ — $ 1,852 $ — $ — $ 1,852 Gain on sale of owned fleet $ 76,751 $ — $ — $ — $ 196 $ 76,947 Depreciation and amortization $ 298,737 $ 1,676 $ — $ — $ ( 7,585 ) $ 292,828 Container lessee default expense, $ 1,179 $ — $ — $ — $ — $ 1,179 Interest expense $ 156,396 $ 853 $ — $ — $ — $ 157,249 Realized loss on financial $ — $ 91 $ — $ — $ — $ 91 Unrealized loss on financial $ — $ 502 $ — $ — $ — $ 502 Segment income (loss) before $ 266,224 $ 39,938 $ 16,666 $ ( 6,802 ) $ 937 $ 316,963 Income tax expense $ 6,922 $ 617 $ — $ — $ — $ 7,539 Total assets $ 7,562,913 $ 197,368 $ 6,464 $ 7,539 $ ( 161,050 ) $ 7,613,234 Purchase of containers and $ 269,418 $ 2,583 $ — $ — $ — $ 272,001 Payments on container leaseback $ 533,867 $ — $ — $ — $ — $ 533,867 Container Container Container 2021 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 694,045 $ 56,685 $ — $ — $ — $ 750,730 Management fees - non-leasing $ — $ 373 $ 2,987 $ — $ — $ 3,360 Inter-segment management fees $ — $ 83,074 $ 9,954 $ — $ ( 93,028 ) $ — Trading container margin $ — $ — $ 10,760 $ — $ — $ 10,760 Gain on sale of owned fleet $ 67,229 $ — $ — $ — $ — $ 67,229 Depreciation and amortization $ 289,610 $ 3,650 $ — $ — $ ( 9,145 ) $ 284,115 Container lessee default recovery, $ 1,088 $ — $ — $ — $ — $ 1,088 Interest expense $ 126,628 $ 641 $ — $ — $ — $ 127,269 Debt termination expense $ 15,209 $ — $ — $ — $ — $ 15,209 Realized loss on financial $ 5,408 $ 226 $ — $ — $ — $ 5,634 Unrealized gain (loss) on financial $ 5,220 $ ( 811 ) $ — $ — $ — $ 4,409 Segment income (loss) before $ 239,857 $ 46,706 $ 19,166 $ ( 4,845 ) $ ( 14,823 ) $ 286,061 Income tax expense $ 1,404 $ 369 $ — $ — $ — $ 1,773 Total assets $ 7,269,451 $ 230,810 $ 15,819 $ 12,644 $ ( 161,280 ) $ 7,367,444 Purchase of containers and $ 1,991,898 $ 1,242 $ — $ — $ — $ 1,993,140 Payments on container leaseback $ 18,705 $ — $ — $ — $ — $ 18,705 Container Container Container 2020 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 537,534 $ 63,339 $ — $ — $ — $ 600,873 Management fees - non-leasing $ 392 $ 129 $ 4,750 $ — $ — $ 5,271 Inter-segment management fees $ — $ 54,899 $ 12,575 $ — $ ( 67,474 ) $ — Trading container margin $ — $ — $ 3,532 $ — $ — $ 3,532 Gain on sale of owned fleet $ 27,230 $ — $ — $ — $ — $ 27,230 Depreciation and amortization $ 268,401 $ 3,511 $ — $ — $ ( 7,675 ) $ 264,237 Container lessee default recovery, $ 1,675 $ — $ — $ — $ — $ 1,675 Interest expense $ 122,863 $ 367 $ — $ — $ — $ 123,230 Debt termination expense $ 8,750 $ — $ — $ — $ — $ 8,750 Realized loss on financial $ 12,295 $ — $ — $ — $ — $ 12,295 Unrealized loss on financial $ 6,044 $ — $ — $ — $ — $ 6,044 Segment income (loss) before $ 41,831 $ 23,641 $ 16,433 $ ( 3,254 ) $ ( 5,352 ) $ 73,299 Income tax benefit (expense) $ 1,088 $ ( 714 ) $ — $ — $ 0 $ 374 Total assets $ 5,641,866 $ 180,933 $ 12,050 $ 13,691 $ ( 107,164 ) $ 5,741,376 Purchase of containers and $ 968,204 $ 194 $ — $ — $ — $ 968,398 Payments on container leaseback $ 116,263 $ — $ — $ — $ — $ 116,263 (1) Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively. General and administrative expenses are allocated to the reportable business segments based on direct overhead costs incurred by those segments. Amounts reported in the “Other” column represent activity unrelated to the active reportable business segments. Amounts reported in the “Eliminations” column represent inter-segment management fees between the Container Management and the Container Resale segments and the Container Ownership segment. Geographic Segment Information The Company’s container lessees use containers for their global trade utilizing many worldwide trade routes. The Company earns its revenue from international carriers when the containers are on hire. Substantially all of the Company’s leasing related revenue is denominated in U.S. dollars. As all of the Company’s containers are used internationally, where no single container is domiciled in one particular place for a prolonged period of time, 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 total lease rental income and management fees from non-leasing services during the years ended December 31, 2022, 2021 and 2020 based on customers’ and Container Investors’ primary domicile: Years ended December 31, 2022 2021 2020 Total lease rental income: Asia $ 395,093 $ 373,614 $ 302,709 Europe 379,790 343,351 266,431 North / South America 34,343 32,296 29,391 Bermuda — — — All other international 788 1,469 2,342 $ 810,014 $ 750,730 $ 600,873 Management fees, non-leasing: Europe $ 1,523 $ 1,530 $ 2,397 Bermuda 1,187 1,699 2,797 North / South America 63 23 9 Asia — 45 11 All other international 39 63 57 $ 2,812 $ 3,360 $ 5,271 The following table represents the geographic allocation of trading container sales proceeds and gain on sale of owned fleet containers, net during the years ended December 31, 2022, 2021 and 2020 based on the location of sale: Years ended December 31, 2022 2021 2020 Trading container sales proceeds: Asia $ 10,517 $ 14,317 $ 14,896 North / South America 11,453 12,404 13,045 Europe 1,821 5,321 3,991 Bermuda — — — All other international — 3 9 $ 23,791 $ 32,045 $ 31,941 Gain on sale of owned fleet containers, net: Asia $ 48,767 $ 46,328 $ 13,082 North / South America 17,317 10,385 8,610 Europe 10,863 10,516 5,538 Bermuda — — — All other international — — — $ 76,947 $ 67,229 $ 27,230

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	(10) Commitments and Contingencies (a) Restricted Cash Restricted interest-bearing cash accounts were established by the Company as additional collateral for outstanding borrowings under certain of the Company’s debt facilities. Restricted cash at December 31, 2022 and 2021 consisted of the following: 2022 2021 Trust accounts $ 25,935 $ 16,289 Other restricted cash accounts 76,656 60,073 Total restricted cash $ 102,591 $ 76,362 Trust accounts The Company maintains certain interest-bearing bank accounts (“Trust Accounts”) pursuant to certain debt agreements for the deposits of net cash proceeds collected from leasing and containers disposition after certain expenses. The cash in the Trust Accounts can only be used to pay the Company’s debt, interest and other certain related expenses. After such payments, any remaining cash in the Trust Accounts is transferred to certain unrestricted bank accounts of the Company and is included in cash and cash equivalents on the consolidated balance sheets. Other restricted cash accounts The Company established certain interest-bearing bank accounts pursuant to certain debt agreements to maintain an amount equal to certain outstanding debt balances and a projected interest expense for a specified number of months. (b) Container Commitments At December 31, 2022, the Company had commitments to purchase containers to be delivered subsequent to December 31, 2022 in the total amount of $ 3,800 . (c) Legal Proceedings The Company is the subject of, or party to, pending or threatened legal proceedings arising in the ordinary course of its business. Based upon information presently available, the Company does not expect any liability arising from these matters to have a material effect on the Company’s consolidated financial condition, results of operations or cash flows. (d) Distribution Expense to Managed Fleet Container Investors The amounts distributed to the Container Investors are variable payments based upon the net operating income for each managed container (see Note 2 “Managed Container Fleet”). There are no future minimum lease payment obligations under the Company’s management agreements.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	(11) Share-Based Compensation The Company’s 2019 Share Incentive Plan (“2019 Plan”) provided for the grant of share options, restricted share units, performance restricted share units and restricted shares to the Company’s employees, executives and directors. At December 31, 2022, 1,817,502 shares were available for future issuance under the 2019 Plan. Share-based compensation expense of $ 7,728 , $ 6,699 and $ 4,723 was recorded during 2022, 2021 and 2020, respectively, of which $ 7,353 , $ 6,470 and $ 4,257 was presented as a part of “general and administrative expenses”, and the remaining balance was presented as a part of “direct container expenses – owned fleet” during 2022, 2021 and 2020, respectively in the Company’s consolidated statements of operations. Share Options Share options are granted at exercise prices equal to the fair market value of the shares on the grant date. Each employee’s options vest in increments of 25 % per year beginning approximately one year after an option’s grant date. Unless terminated pursuant to certain provisions within the share option plans, including discontinuance of employment with the Company, all unexercised options expire ten years from the date of grant. The following tables summarizes the activity of share options for the years ended December 31, 2022, 2021 and 2020: Share options Weighted Balances, December 31, 2019 1,807,665 $ 19.76 Options exercised during the period ( 113,960 ) $ 11.36 Options expired during the period ( 130,711 ) $ 26.14 Options forfeited during the period ( 33,968 ) $ 12.40 Balances, December 31, 2020 1,529,026 $ 19.90 Options exercised during the period ( 477,103 ) $ 18.95 Options expired during the period ( 40,000 ) $ 32.70 Options forfeited during the period ( 19,128 ) $ 10.74 Balances, December 31, 2021 992,795 $ 20.02 Options exercised during the period ( 236,878 ) $ 23.16 Options expired during the period ( 6,220 ) $ 34.81 Balances, December 31, 2022 749,697 $ 18.91 Options exercisable at December 31, 2022 695,515 $ 19.67 Options vested and expected to vest at December 31, 2022 747,952 $ 18.93 As of December 31, 2022, $ 157 of total compensation cost related to non-vested share options not yet recognized is expected to be recognized over a weighted average period of 1 year. The aggregate intrinsic value of all options exercisable and outstanding, which represents the total pre-tax intrinsic value, based on the Company’s closing common share price of $ 31.01 per share as of December 31, 2022 was $ 8,923 . The aggregate intrinsic value is calculated as the difference between the exercise prices of the Company’s share options that were in-the-money and the market value of the common shares that would have been issued if those share options were exercised as of December 31, 2022. The aggregate intrinsic value of all options exercised during 2022, 2021 and 2020, based on the closing share price on the date each option was exercised was $ 3,044 , $ 5,513 and $ 710 , respectively. The weighted average contractual life of options exercisable and outstanding as of December 31, 2022 was 4.15 years and 4.35 years, respectively. Restricted Share Units (“RSU”) and Performance Restricted Share Units (“PSU”) RSU awards granted to employees prior to 2020 have a vesting period of four years or vest in increments of 25 % per year on each anniversary of the grant date. RSU awards granted to employees during and after 2020 have a vesting period of three years or vest in increments of 33.33 % per year on each anniversary of the grant date. RSU awards granted to directors fully vest one year after their grant date. The Company granted PSU awards to certain executives starting 2020, which are subject to both service and market vesting conditions. The PSU awards will vest at the end of a 3 -year performance cycle if the market conditions are met. The market-based conditions will be satisfied if certain milestones based on the Company’s common stock price or relative total shareholder return (“TSR”) are achieved. The following tables summarizes the activity of RSU and PSU awards for the years ended December 31, 2022, 2021 and 2020: RSU PSU (1) Total Weighted Balances, December 31, 2019 657,620 — 657,620 $ 11.95 Share units granted 200,868 183,560 384,428 $ 16.96 Share units vested ( 300,404 ) — ( 300,404 ) $ 12.08 Share units forfeited ( 19,743 ) — ( 19,743 ) $ 12.62 Balances, December 31, 2020 538,341 183,560 721,901 $ 14.55 Share units granted 102,956 104,834 207,790 $ 44.62 Share units vested ( 278,684 ) ( 7,004 ) ( 285,688 ) $ 12.32 Share units forfeited ( 18,753 ) — ( 18,753 ) $ 12.70 Balances, December 31, 2021 343,860 281,390 625,250 $ 25.37 Share units granted 137,969 145,015 282,984 $ 34.86 Share units vested ( 202,694 ) — ( 202,694 ) $ 16.85 Share units forfeited ( 1,239 ) — ( 1,239 ) $ 35.30 Balances, December 31, 2022 277,896 426,405 704,301 $ 31.62 Total share units outstanding and expected to vest at December 31, 2022 668,146 $ 31.37 (1) The grant date fair value of PSU awards granted during 2022, 2021 and 2020 were $ 42.36 per share, $ 55.85 per share and $ 22.06 per share, respectively. On the settlement date for each measurement period of market-based awards, grantees may receive shares equal to 0 % to 200 % of the awards granted depending upon the achievement of certain market criteria based on the Company’s TSR relative to the peer group during the three-year performance period. As of December 31, 2022, $ 14,194 of total compensation cost related to non-vested time-based RSU and market-based PSU awards not yet recognized is expected to be recognized over a weighted average period of 1.7 years. The grant date fair value of the market-based PSU awards is recognized as expense ratably over the vesting period and is not adjusted in future periods for the success or failure to achieve the specified market condition. The fair value of PSU awards granted during the years ended December 31, 2022, 2021 and 2020 were determined using the Monte Carlo simulation valuation model that incorporated multiple valuation assumptions, including the probability of achieving the specified market condition and the following assumptions.: 2022 2021 2020 Risk-free interest rates 4.12 % 0.54 % 0.16 % Expected common share price volatilities 57.40 % 59.80 % 57.40 % The risk-free interest rate is based on the three-year U.S. Treasury constant maturity yields on the grant date. The expected common share price volatility is based on the historical average volatility of the Company’s stock over the three-year period corresponding to the performance period of the award. The dividend yield reflects the estimated future yield on the date of grant. There were no assumed dividend yields because the TSR includes the reinvestment of dividends and the awards include dividend equivalent units.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Shareholders' Equity	(12) Shareholders’ Equity Share Repurchase Program In 2019, the Company’s board of directors approved a share repurchase program to repurchase up to $ 25,000 of the Company’s common shares, in 2020 the board of directors approved an increase of another $ 75,000 to this program, in 2021 the program was further increased by $ 100,000 , and in 2022 the program was further increased by $ 250,000 . Under the program, the Company may purchase its common shares from time to time in the open market, in privately negotiated transactions or such other manner as will comply with applicable laws and regulations. The authorization did not obligate the Company to acquire a specific number of shares during any period, but it may be modified, suspended or terminated at any time at the discretion of the Company’s board of directors. During the year ended December 31, 2022, the Company repurchased 5,636,772 shares at an average price of $ 31.77 for a total amount of $ 179,092 including commissions paid. During the year ended December 31, 2021, the Company repurchased 2,426,725 shares at an average price of $ 29.76 for a total amount of $ 72,220 , including commissions paid. As of December 31, 2022, approximately $ 122,480 remained available for repurchases under the share repurchase program. Preferred Shares The following table summarizes the Company’s preferred share issuances (the “Series”): Preferred Share Offering Date of Issuance Number of Depositary Shares Issued and Outstanding (1) Liquidation Preference Underwriting Discounts Net Proceeds 7.00 % Series A fixed-to-floating rate cumulative redeemable perpetual preferred shares ("Series A") (2) April 2021 6,000,000 $ 150,000 $ 5,292 $ 144,708 6.25 % Series B fixed rate cumulative redeemable perpetual preferred shares ("Series B") (3) August 2021 6,000,000 150,000 5,128 144,872 Total 12,000,000 $ 300,000 $ 10,420 $ 289,580 (1) Each depositary share representing a 1/1,000 th interest in a preferred share, $ 25,000 liquidation preference per share (equivalent to $ 25.00 per depositary share). (2) Series A have no maturity date and are redeemable from June 15, 2026 (the “first reset date”) by the Company. (3) Series B have no maturity date and are redeemable from December 15, 2026 by the Company. Each Series of preferred shares may be redeemed at the Company’s option, at any time after approximately five years from original issuance, for cash at a redemption price of $ 25.00 per depositary share plus an amount equal to all accumulated and unpaid dividends, whether or not declared. The Company may also redeem each Series of preferred shares in the event of a Change of Control (as defined in the Certificate of Designations). If the Company does not elect to redeem the preferred shares in a Change of Control triggering event, holders of each Series of preferred shares may have the right to convert their preferred shares into common shares. There is no mandatory redemption of each Series of preferred shares or redemption at the option of the holders. Holders of the preferred shares do not have general voting rights. Preferred Share Dividends Dividends on each Series of preferred shares accrue daily and are cumulative from and including the date of original issuance and are payable quarterly in arrears on the 15 th day of March, June, September and December of each year, when declared by the Company’s board of directors. Dividends accrue at the stated annual rate of the $ 25,000 liquidation preference. Each Series of preferred shares rank senior to the Company's common shares with respect to dividend rights and rights upon the Company's liquidation, dissolution or winding up. The Company’s board of directors approved and declared the following quarterly preferred cash dividends during the years ended December 31, 2022 and 2021 on its issued and outstanding preferred shares: 2022 2021 Preferred Share Offering Aggregate Payment Per Depositary Share Payment (1) Aggregate Payment Per Depositary Share Payment (1) (2) Series A $ 10,500 $ 0.44 $ 7,058 $ 0.44 Series B $ 9,375 $ 0.39 $ 2,917 $ 0.49 Total $ 19,875 $ 9,975 (1) Rounded to the nearest whole cent. (2) In June 2021, September 2021, and December 2021, the dividend declared per depositary share on Series A were $ 0.30 , $ 0.44 , and $ 0.44 , respectively. As of December 31, 2022, the Company had cumulative undeclared and unpaid preferred dividends of $ 854 . Common Share Dividends As of December 31, 2022, the Company’s board of directors approved and declared a quarterly cash dividend of $ 0.25 per share on its issued and outstanding common shares for a total aggregate amount of $ 46,235 . As of December 31, 2021, the Company’s board of directors approved and declared a cash dividend of $ 0.25 per share on its issued and outstanding common shares for a total aggregate amount of $ 12,285 paid on December 15, 2021 .

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	(13) Earnings Per Share Basic earnings per share (“EPS”) is computed by dividing net income attributable to common shareholders by the weighted average number of shares outstanding during the applicable period. Diluted EPS reflects the potential dilution that could occur if all outstanding share options were exercised for, and all outstanding RSUs and PSUs were converted into, common shares. Potentially dilutive share options, RSUs and PSUs that were anti-dilutive under the treasury stock method were excluded from the computation of diluted EPS. A reconciliation of the numerator and denominator of basic EPS with that of diluted EPS during 2022, 2021 and 2020 is presented as follows: Share amounts in thousands 2022 2021 2020 Numerator: Net income attributable to common shareholders $ 289,549 $ 273,459 $ 72,822 Denominator: Weighted average common shares outstanding - basic 46,471 49,624 53,271 Dilutive share options, RSU and PSU 828 952 210 Weighted average common shares outstanding - diluted 47,299 50,576 53,481 Net income attributable to common shareholders per common share Basic $ 6.23 $ 5.51 $ 1.37 Diluted $ 6.12 $ 5.41 $ 1.36 Share options, RSU and PSU excluded from the computation of diluted EPS because they were anti-dilutive 345 334 1,674

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	(14) Subsequent Events In February 2023, the Company’s board of directors approved and declared a quarterly preferred cash dividend on its issued and outstanding preferred shares, payable on March 15, 2023, to holders of record as of March 3, 2023. The dividend declared on Series A Preferred Shares and Series B Preferred Shares were $ 0.44 and $ 0.39 per depositary share (rounded to the nearest whole cent), respectively, for a total aggregate amount of $ 2,625 and $ 2,344 , respectively. In February 2023, the Company’s board of directors approved and declared a cash dividend of $ 0.30 per share on its issued and outstanding common shares, payable on March 15, 2023 , to holders of record as of March 3, 2023.

Schedule I - Parent Company Inf

Schedule I - Parent Company Information	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Schedule I - Parent Company Information	TEXTAINER GROUP HOLDINGS LIMITED AND SUBSIDIARIES SCHEDULE I - CONDENSED STATEM ENTS OF COMPREHENSIVE INCOME Parent Company Information Years Ended December 31, 2022, 2021 and 2020 (All currency expressed in United States dollars in thousands) 2022 2021 2020 Operating expenses: General and administrative expense $ 6,047 $ 4,519 $ 3,988 Total operating expenses 6,047 4,519 3,988 Loss from operations ( 6,047 ) ( 4,519 ) ( 3,988 ) Other income: Equity in net income of subsidiaries 316,226 289,133 76,076 Other, net ( 755 ) ( 326 ) 734 Net other income 315,471 288,807 76,810 Income before income tax 309,424 284,288 72,822 Income tax benefit (expense) — — — Net income 309,424 284,288 72,822 Less: Dividends on preferred shares 19,875 10,829 — Net income attributable to common shareholders $ 289,549 $ 273,459 $ 72,822 Net income attributable to common shareholders per share: Basic $ 6.23 $ 5.51 $ 1.37 Diluted $ 6.12 $ 5.41 $ 1.36 Weighted average shares outstanding (in thousands): Basic 46,471 49,624 53,271 Diluted 47,299 50,576 53,481 Other comprehensive income (loss), before tax: Change in derivative instruments designated as cash flow hedges 151,814 10,986 ( 12,307 ) Reclassification of realized (gain) loss on derivative instruments ( 12,709 ) 8,771 2,806 Foreign currency translation adjustments ( 125 ) ( 79 ) 177 Comprehensive income, before tax 448,404 303,966 63,498 Income tax (expense) benefit related to items of other ( 1,380 ) ( 184 ) 91 Comprehensive income, after tax 447,024 303,782 63,589 Less: Dividends on preferred shares 19,875 10,829 — Comprehensive income attributable to common shareholders $ 427,149 $ 292,953 $ 63,589 TEXTAINER GROUP HOLDINGS LIMITED AND SUBSIDIARIES SCHEDULE I - CONDENSED BALANCE SHEETS Parent Company Information December 31, 2022 and 2021 (All currency expressed in United States dollars in thousands) 2022 2021 Assets Current assets: Cash and cash equivalents $ 6,012 $ 10,696 Prepaid expenses and other current assets 374 378 Due from affiliates, net 774 2,231 Total current assets 7,160 13,305 Restricted cash 95 — Investments in subsidiaries 1,989,605 1,768,779 Total assets $ 1,996,860 $ 1,782,084 Liabilities and Shareholders’ Equity Current liabilities: Accounts payable and accrued expenses $ 571 $ 830 Shareholders’ equity: Preferred shares 300,000 300,000 Common shares 599 595 Treasury shares ( 337,551 ) ( 158,459 ) Additional paid-in capital 442,154 428,945 Accumulated other comprehensive income 147,350 9,750 Retained earnings 1,443,737 1,200,423 Total shareholders’ equity 1,996,289 1,781,254 Total liabilities and shareholders’ equity $ 1,996,860 $ 1,782,084 TEXTAINER GROUP HOLDINGS LIMITED AND SUBSIDIARIES SCHEDULE I - CONDENSED STATEMENTS OF CASH FLOWS Parent Company Information Years ended December 31, 2022, 2021 and 2020 (All currency expressed in United States dollars in thousands) 2022 2021 2020 Cash flows from operating activities: Net income $ 309,424 $ 284,288 $ 72,822 Adjustments to reconcile net income to net cash provided by Equity in net income of subsidiaries ( 316,226 ) ( 289,133 ) ( 76,076 ) Dividends received from subsidiaries 233,000 61,000 76,167 Share-based compensation 7,728 6,699 4,723 Decrease (increase) in: Prepaid expenses and other current assets 4 ( 42 ) ( 26 ) Increase (decrease) in: Accounts payable and accrued expenses ( 259 ) 436 ( 82 ) Total adjustments ( 75,753 ) ( 221,040 ) 4,706 Net cash provided by operating activities 233,671 63,248 77,528 Cash flows from investing activities: Investments in subsidiaries 125 ( 269,436 ) ( 2,050 ) Net cash provided by (used in) investing activities 125 ( 269,436 ) ( 2,050 ) Cash flows from financing activities: Issuance of preferred shares, net of underwriting discount — 290,550 — Purchase of treasury shares ( 179,092 ) ( 72,220 ) ( 68,493 ) Issuance of common shares upon exercise of share options 5,485 9,043 1,295 Dividends paid on common shares ( 46,235 ) ( 12,285 ) — Dividends paid on preferred shares ( 19,875 ) ( 9,975 ) — Due to (from) affiliates, net 1,457 448 ( 2,041 ) Other — ( 970 ) — Net cash (used in) provided by financing activities ( 238,260 ) 204,591 ( 69,239 ) Effect of exchange rate changes ( 125 ) ( 79 ) 177 Net change in cash, cash equivalents and restricted cash ( 4,589 ) ( 1,676 ) 6,416 Cash, cash equivalents and restricted cash, beginning of the year 10,696 12,372 5,956 Cash, cash equivalents and restricted cash, end of the year $ 6,107 $ 10,696 $ 12,372

Schedule II Valuation Accounts

Schedule II Valuation Accounts	12 Months Ended
	Dec. 31, 2022
Valuation And Qualifying Accounts [Abstract]
Schedule II Valuation Accounts	TEXTAINER GROUP HOLDINGS LIMITED AND SUBSIDIARIES Valuation Accounts Years ended December 31, 2022, 2021 and 2020 (All currency expressed in United States dollars in thousands) Balance at Beginning of Year Additions Charged to Expense (Recovery) Deductions Balance at End of Year December 31, 2020 Accounts receivable, allowance for doubtful accounts $ 6,299 $ ( 3,149 ) $ ( 487 ) $ 2,663 Net investment in finance leases, allowance for credit losses $ 636 $ 697 $ — $ 1,333 Container leaseback financing receivable, allowance for $ 256 $ 168 $ — $ 424 December 31, 2021 Accounts receivable, allowance for doubtful accounts $ 2,663 $ ( 674 ) $ ( 699 ) $ 1,290 Net investment in finance leases, allowance for credit losses $ 1,333 $ ( 590 ) $ — $ 743 Container leaseback financing receivable, allowance for $ 424 $ ( 311 ) $ — $ 113 December 31, 2022 Accounts receivable, allowance for doubtful accounts $ 1,290 $ 293 $ ( 1 ) $ 1,582 Net investment in finance leases, allowance for credit losses $ 743 $ 536 $ — $ 1,279 Container leaseback financing receivable, allowance for $ 113 $ 1 $ — $ 114

Nature of Business and Summar_2

Nature of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Nature Of Operations	(a) Nature of Operations Textainer Group Holdings Limited (“TGH”) is incorporated in Bermuda. TGH is the holding company of a group of companies, consisting of TGH and its subsidiaries (collectively, the “Company”), involved in the purchase, management, leasing and resale of a fleet of marine cargo containers. The Company also manages and provides administrative support to the third-party owners’ (the “Container Investors”) container fleets. The Company conducts its business activities in three main areas: Container Ownership, Container Management and Container Resale. These activities are described below (also see Note 9 “Segment Information”). Container Ownership The Company’s containers consist primarily of standard dry freight containers, but also include refrigerated and other special-purpose containers. These owned containers are financed through retained earnings; revolving credit facilities, secured debt facilities and term loans provided by banks; bonds payable to investors; and a public offering of TGH’s common and preferred shares. Expenses related to lease rental income of the owned fleet primarily include direct container expenses, depreciation expense and interest expense. Container Management The Company manages, on a worldwide basis, a fleet of containers for and on behalf of the Container Investors. All rental operations are conducted worldwide in the name of the Company who, as agent for the Container Investors, acquires and sells containers, enters into leasing agreements and depot service agreements, bills and collects lease rentals from the lessees, disburses funds to depots for container handling, and remits net amounts, less management fees and commissions, to the Container Investors. Fees earned by the Company under the management agreements are typically a percentage of net operating income of each Container Investor’s fleet and consist of fees for leasing services related to the management of the containers, sales commissions and net acquisition fees earned on the acquisition of containers. Lease rental income and expenses arising from the operation of the managed fleet are presented on a gross basis, whereby revenue billed to shipping lines and expenses incurred and distributions to the container investors of the managed fleet are presented in the Company’s consolidated statements of operations. Accounts receivable and vendor payables arising from direct container operations of the managed containers are presented on a gross basis in the Company’s consolidated balance sheets. See Note 2 “Managed Container Fleet” for information on the managed fleet containers. Container Resale The Company buys and subsequently resells containers (trading containers) from third parties. Container sales revenue represents the proceeds on the sale of containers purchased for resale. Cost of containers sold represents the cost of equipment purchased for resale that were sold as well as the related selling costs. The Company earns sales commissions related to the sale of the containers that it manages.
Principles of Consolidation and Variable Interest Entity	(b) Principles of Consolidation and Variable Interest Entity The consolidated financial statements of the Company include TGH and all of its wholly-owned subsidiaries. All significant intercompany accounts and balances have been eliminated in consolidation. The Company determines whether it has a controlling financial interest in an entity by evaluating whether the entity is a variable interest entity or a voting interest entity. If it is determined that the Company does not have a variable interest in the entity, no further analysis is required, and the Company does not consolidate the entity. There were no variable interest entities or voting interest entities (other than wholly-owned subsidiaries) required to be consolidated in the Company's consolidated financial statements as of December 31, 2022 and 2021. Managed Containers The Company enters into container management agreements with Container Investors. The fees earned by the Company for managing container portfolios on behalf of Container Investors are commensurate with the level of effort required to provide those management services and the Company does not have the obligation to absorb losses or the right to receive benefits that may be significant to the Container Investors. As such, the Company is not the primary beneficiary and does not consolidate the Container Investors. Managed containers which are owned by Container Investors are not assets of the Company and are not included in the consolidated financial statements, except for certain managed containers that the Company is deemed to own with associated container leaseback financial liability of the Company in accordance with Topic 842, Leases (see Note 1(a) “Nature of Operations” and Note 2 “Managed Container Fleet”). Owned Containers The majority of the container equipment included in the accompanying consolidated financial statements is owned by Textainer Limited (“TL”), Textainer Marine Containers II Limited (“TMCL II”) and Textainer Marine Containers VII Limited (“TMCL VII”), all Bermuda companies and all of which were wholly-owned subsidiaries of the Company as of December 31, 2022 and 2021. As of December 31, 2022 and 2021, all owned containers are pledged as collateral for debt.
Concentration of Credit Risk	(c) Concentration of Credit Risk The Company's container leasing equipment and accounts receivable subject it to potential credit risk. Credit risk is mitigated by the Company's assessment of the creditworthiness of container shipping lines and the ongoing monitoring of the customers’ financial condition, credit history and outstanding accounts receivable balances (see Note 1 (g) “Allowance for Credit Losses” for further discussions on the Company’s ongoing credit review of lessees). The Company’s customers are mainly international shipping lines, which transport goods on international trade routes. Once the containers are on-hire with a lessee, the Company does not track their location. The domicile of the lessee is not indicative of where the lessee is transporting the containers. The Company’s business risk in its geographic concentration lies with the creditworthiness of the lessees rather than the location of the containers or the domicile of the lessees. Total lease rental income, as reported in the consolidated statements of operations, comprises revenue earned from leases on containers in the Company’s total fleet, including revenue earned from leases on containers in its managed fleet. Except for the lessees noted in the table below, no other single lessee accounted for more than 10% of the Company’s total lease rental income during the years ended December 31, 2022, 2021 and 2020: Total Lease Rental Income 2022 2021 2020 Customer A 24.4 % 21.0 % 17.8 % Customer B 11.7 % 12.2 % 13.1 % Customer C 10.8 % 12.1 % 9.7 % Other financial instruments that are exposed to concentrations of credit risk are cash and cash equivalents, restricted cash balances, and derivatives (see Note 1 (e) "Cash and Cash Equivalents and Restricted Cash" and Note 8 "Derivative Instruments" for further discussions). The Company believes no significant concentration risk exists with respect to its cash and cash equivalents and restricted cash balances. The Company does not anticipate any non-performance by the derivative counterparties.
Estimates	(d) Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s management evaluates its estimates on an ongoing basis, including those significantly related to the container leasing equipment, containers held for sale, allowance for credit losses, income taxes and accruals. These estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments regarding the carrying values of assets and liabilities. Actual results could differ from those estimates under different assumptions or conditions.
Cash and Cash Equivalents and Restricted Cash	(e) Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents are comprised of interest-bearing deposits or money market securities with original maturities of three months or less. The Company maintains cash and cash equivalents and restricted cash (see Note 10 “Commitments and Contingencies—Restricted Cash”) with various financial institutions. These financial institutions are located in Bermuda, Canada, Malaysia, Singapore, South Africa, the United Kingdom and the United States. A significant portion of the Company’s cash and cash equivalents and restricted cash is maintained with a small number of banks and, accordingly, the Company is exposed to the credit risk of these counterparties in respect of the Company’s cash and cash equivalents and restricted cash. Furthermore, the deposits maintained at some of these financial institutions exceed the amount of insurance provided on the deposits. Restricted cash is excluded from cash and cash equivalents and is included in non-current assets reported within the consolidated balance sheets.
Revenue Recognition	Revenue Recognition The components of the Company’s revenue as presented in the consolidated statements of operations and in Note 9 “Segment Information” are as follows: Lease Rental Income Lease rental income arises principally from leasing containers to various international shipping lines and includes all rental charges billed to the lessees. Lease rental income from owned fleet comprises rental income for the container fleet owned by the Company. Lease rental income from managed fleet comprises rental income for the container fleet owned by the Container Investors. For lease accounting purposes, the management agreements with these Container Investors are deemed to convey to the Company the right to control the use of the managed containers and are therefore accounted for as “operating leases - managed fleet” as reported in the consolidated statements of operations (see Note 2 “Managed Container Fleet” for further information). Revenue is recorded when earned according to the terms of the container lease contracts with customers. Revenue is earned and recognized evenly over the period that the equipment is on lease. These contracts are typically for terms of five or more years and are generally classified as operating leases. Where minimum lease payments vary over the lease term, revenue is recognized on a straight-line basis over the term of the lease. Lease rental income comprises daily per diem rental charges due under the lease agreements, together with payments for other charges set forth in the leases, such as handling fees, drop-off charges, pick-up charges, and charges for a damage protection plan. Under long-term lease agreements, containers are usually leased from the Company for periods of five or more years. Under master lease agreements, the lessee is not committed to leasing a minimum number of containers from the Company during the lease term and may generally return the containers to the Company at any time, subject to certain restrictions in the lease agreement. Under long-term lease and master lease agreements, revenue is earned and recognized evenly over the period that the equipment is on lease. Under finance leases, the containers are usually leased from the Company for the remainder of the container’s useful life and ordinarily provide lessees with a right to purchase the subject containers for a nominal amount at the end of the lease term. Finance lease income is recognized using the effective interest method, which generates a constant rate of interest over the period of the lease. Under sales-type leaseback arrangements that are accounted for as financing transactions, the Company recorded a container leaseback financing receivable in the amount paid for the purchased containers that were leased back to the seller-lessees. Payments made by the seller-lessees are recorded as a reduction to the container leaseback financing receivable and as interest income. Interest income is recognized using the effective interest method, which generates a constant rate of interest over the period of the arrangement. The Company’s container leases generally do not include step-rent provisions, nor do they depend on indices or rates. The Company recognizes revenue on container leases that include lease concessions in the form of free-rent periods using the straight-line method over the minimum terms of the leases. The Company will cease recognition of lease revenue if and when a container lessee defaults in making timely payments and when determined that future lease payments are not likely to be collected from the lessee (see Note 1 (f) “Allowance for Credit Losses” for further discussions on the Company’s ongoing credit review of lessees). Management Fees - Non-leasing Under the Company’s management service agreements with Container Investors, fees are earned for the acquisition and sale of containers under management (see Note 2 “Managed Container Fleet” for further information). Acquisition fees from purchases of containers for managed fleet are deferred and recognized as earned on a straight-line basis over the deemed lease term. Trading Container Margin The Company’s trading container sales proceeds arise from the resale of new and used trading containers that were acquired for resale to a wide variety of buyers. The related expenses represent the cost of trading containers sold as well as other selling costs that are recognized as incurred. Revenue is recorded when control of the containers is transferred to the customer, which typically occurs upon delivery to, or pick-up by, the customer and when collectability is reasonably assured.
Allowance for Credit Losses	(g) Allowance for Credit Losses Accounts receivable, net investment in finance leases and container leaseback financing receivable are stated at amortized cost net of allowance for credit losses. Subsequent changes in the estimated allowance for credit losses are recognized in “bad debt expense (recovery), net” in the consolidated statements of operations (see Note 5 “Allowance for Credit Losses” for further information). Accounts Receivables The Company maintains allowances, if necessary, for doubtful accounts against accounts receivables resulting from the inability of its lessees to make required payments related to billed amounts under the operating leases, finance leases, container leaseback financing receivable and for sales of owned fleet containers and trading containers. The allowance is developed based on two components: (1) specific reserves for receivables for which management believes full collection is doubtful; and (2) a general reserve for estimated losses inherent in the receivables based upon historical trends and age of the balances. These allowances are based on an ongoing review of the creditworthiness, but not limited to, each lessee’s payment history, management’s current assessment of the financial condition of the Company’s lessees, their ability to make their required payments and the recoverability. The Company considers an account past due when a payment has not been received in accordance with the terms of the lease agreement, and if the financial condition of the Company’s lessees deteriorates resulting in an impairment of their ability to make payments, additional allowances may be required. Accounts receivables are generally written off after an analysis is completed which indicates that collection of the full balance is remote. Changes in economic conditions or other events may necessitate additions or deductions to the allowance for doubtful accounts. The allowance is intended to provide for losses inherent in the owned and managed fleet’s accounts receivable and requires the application of estimates and judgments as to the outcome of collection efforts and the realization of collateral, among other things. Net Investment in Finance Leases and Container Leaseback Financing Receivables The Company maintains allowances for credit losses against net investment in finance leases and container leaseback financing receivable related to unbilled amounts under the finance leases and the sales-type leaseback arrangements accounted for as financing receivable. The Company estimates its potential future expected credit losses based on historical losses from lessee defaults, current economic conditions and reasonable and supportable forecasts that may affect the collectability of the reported amount. The Company monitors its container lessees’ performance and its lease exposures on an ongoing basis. The Company evaluates its exposure by portfolio with similar risk characteristics based on the creditworthiness, external credit data and overall credit quality of its lessees. The Company’s internal risk rating categories are “Tier 1” for the lowest level of risk which are typically the large international shipping lines with strong financial and asset base; “Tier 2” for moderate level of risk which includes lessees which are well-established in the market; and “Tier 3” for the highest level of risk which includes smaller shipping lines or lessees that exhibit high volatility in payments on a regular basis.
Direct Container Expenses – Owned Fleet	(h) Direct Container Expenses – Owned Fleet Direct container expense – owned fleet represents the operating costs arising from the containers owned by the Company and includes storage, handling, maintenance and repair, repositioning, agent, and insurance expense. These costs are recognized when incurred.
Distribution Expense to Managed Fleet Container Investors	(i) Distribution Expense to Managed Fleet Container Investors The Company’s distribution amounts to Container Investors for the managed fleet includes the net operating income of each Container Investor’s fleet, reduced by associated lease management fees earned and retained by the Company. This amount is also reduced by expenses related to the operation of the managed containers which are presented on a gross basis in the consolidated statements of operations. Expenses related to the operation of the managed containers such as storage, handling, repairs, repositioning, agent, insurance expense and general and administrative expenses are recognized when incurred.
Trading Containers and Containers Held for Resale	(j) Trading Containers and Containers Held for Resale The Company, through one or more of its subsidiaries, buys trading containers for resale, which are valued at the lower of cost or fair value. The cost of trading containers sold is specifically identified. In addition, containers identified as being available for sale are valued at the lower of carrying value or fair value, less cost to sell. The fair value is estimated based on recent gross sales proceeds for sales of similar containers. Trading containers and containers held for resale are not subject to depreciation.
Foreign Currencies	(k) Foreign Currencies A functional currency is determined for each of the Company’s entities based on the currency of the primary economic environment in which the entity operates. The Company’s functional currency is the U.S. dollar, excluding its foreign subsidiaries Textainer Equipment Management (United Kingdom) Limited and Textainer Equipment Management (Singapore) Pte Ltd. Assets and liabilities denominated in a currency other than the entity’s functional currency are re-measured into its functional currency at the balance sheet date with a gain or loss recognized in current year net income. Foreign currency exchange gains or losses that arise from exchange rate changes on transactions denominated in a foreign currency are recognized in net income as incurred. Foreign currency exchange losses, reported in “direct container expense – owned fleet” in the consolidated statements of operations were $ 436 , $ 195 , and $ 251 for the years ended December 31, 2022, 2021 and 2020, respectively. For consolidation purposes, the financial statements are translated into U.S. dollars using the current exchange rate for the assets and liabilities and a weighted average exchange rate for the revenues and expenses recorded during the year with any translation adjustment shown as an element of accumulated other comprehensive income. The Company also has certain cash accounts that are denominated in currencies other than the Company's functional currency, which are remeasured at each balance sheet date at the exchange rates in effect as of those dates. The (losses) gains due to changes in exchange rates from remeasurement were $( 855 ), $( 524 ) and $ 654 for the years ended December 31, 2022, 2021 and 2020, respectively, which were included in “other, net” in the consolidated statements of operations.
Fixed Assets and Capitalized Implementation Costs	(l) Fixed Assets and Capitalized Implementation Costs Fixed assets are recorded at cost and depreciated on a straight-line basis over the estimated useful lives of such property, furniture and equipment, ranging from three to seven years . Expenditures for maintenance and repairs are expensed as they are incurred. As of December 31, 2022 and 2021, fixed assets amounted to $ 3,654 and $ 1,585 , respectively, net of accumulated depreciation of $ 13,711 and $ 13,296 , respectively, which were included in “other assets” in the consolidated balance sheets. Implementation costs associated with cloud-based hosting arrangement that is a service contract are capitalized when incurred during the application development phase. As of December 31, 2022 and 2021, the Company’s aggregate capitalized implementation costs amounted to $ 11,641 and $ 8,767 , respectively, were included in “prepaid expenses and other current assets” in the Company’s consolidated balance sheets. Amortization of the capitalized implementation costs relating to the new enterprise resource planning (ERP) system commenced in January 2022 when the hosting arrangement was ready for its intended use and is being amortized on a straight-line basis over seven years which is the term of the hosting arrangement, including reasonably certain renewals. As of December 31, 2022, the Company recorded amortization of capitalized implementation costs of $ 937 , which was included in “general and administrative expense” in the Company’s consolidated statements of operations.
Containers	(m) Containers Capitalized costs for container leasing equipment include the container cost payable to the manufacturer, inspection, delivery and the associated transportation costs incurred in moving the Company’s containers from the manufacturer to the containers’ first destined port. Container leasing equipment are depreciated using the straight-line method over their estimated useful lives to an estimated residual value. Used containers are depreciated based upon their remaining useful lives at the date of acquisition to an estimated residual value. Repair and maintenance costs that do not extend the useful lives of the container leasing equipment are recognized in “direct container expense - owned fleet” in the consolidated statements of operations at the time the costs are incurred. The Company evaluates the estimated residual values and remaining estimated useful lives on a regular basis to determine whether a change in its estimates of useful lives and residual values is warranted. To perform this assessment, the Company analyzed sales data over a minimum of a ten-year period which reflected the cyclical nature of the global economic environment and its industry and assessed whether the average selling prices fall within a reasonable range compared to current residual values. The Company determined that a ten-year length of time includes sufficient periods of high and low used container prices to estimate future residual values. If the ten-year period was outside of the range of a container type, the Company evaluated the trend in average selling prices over three, five, and seven-year periods to corroborate the trend in the ten-year period. The Company then performed a comparison of the estimated residual values to publicly available peer data within the industry. The Company completed its annual depreciation and residual value policy review and concluded no change was necessary during the year ended December 31, 2022. The Company estimates the useful lives and residual values of its container leasing equipment to be as follows: As of December 31, 2022 and 2021 Estimated useful Residual life (years) Value Dry containers other than open top and flat rack 20' 13 $ 1,000 40' 14 $ 1,200 40' high cube 13 $ 1,400 45' high cube 13 $ 1,500 Refrigerated containers: 20' 12 $ 2,750 20' high cube 12 $ 2,049 40' high cube 12 $ 4,000 Open top and flat rack containers: 20' folding flat rack 15 $ 1,300 40' folding flat rack 16 $ 1,700 20' open top 15 $ 1,500 40' open top 14 $ 2,500 Tank containers 20 10 % of cost The cost, accumulated depreciation and net book value of the Company’s container leasing equipment by equipment type as of December 31, 2022 and 2021 were as follows: 2022 2021 Cost Accumulated Net Book Cost Accumulated Net Book Dry containers other than 20' $ 1,469,668 $ ( 490,098 ) $ 979,570 $ 1,530,464 $ ( 471,549 ) $ 1,058,915 40' 121,512 ( 51,170 ) 70,342 141,292 ( 55,448 ) 85,844 40' high cube 3,416,785 ( 906,234 ) 2,510,551 3,496,469 ( 791,349 ) 2,705,120 45' high cube 24,718 ( 13,865 ) 10,853 27,354 ( 13,871 ) 13,483 Refrigerated containers: 20' 15,537 ( 8,472 ) 7,065 18,445 ( 8,899 ) 9,546 20' high cube 116 ( 95 ) 21 809 ( 606 ) 203 40' high cube 1,122,563 ( 503,886 ) 618,677 1,163,149 ( 462,645 ) 700,504 Open top and flat rack 20' folding flat 15,840 ( 5,818 ) 10,022 16,206 ( 5,291 ) 10,915 40' folding flat 46,519 ( 20,335 ) 26,184 47,739 ( 19,073 ) 28,666 20' open top 12,731 ( 2,329 ) 10,402 13,046 ( 2,090 ) 10,956 40' open top 19,215 ( 4,774 ) 14,441 21,394 ( 4,827 ) 16,567 Tank containers 129,587 ( 22,591 ) 106,996 107,175 ( 16,016 ) 91,159 Total Containers $ 6,394,791 $ ( 2,029,667 ) $ 4,365,124 $ 6,583,542 $ ( 1,851,664 ) $ 4,731,878 See Note 2 “Managed Container Fleet” for information on the managed fleet containers included above. Impairment of Container Leasing Equipment The Company reviews its container leasing equipment for impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. The Company compares the carrying value of the container leasing equipment to the expected future undiscounted cash flows for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds expected future undiscounted cash flows, the assets are reduced to fair value. There was no such impairment on the Company’s container leasing equipment for the years ended December 31, 2022, 2021 and 2020. Write-Off (Recoveries) of Container Leasing Equipment due to Lessees in Default The Company evaluates the recoverability of the recorded amounts of container leasing equipment that are unlikely to be recovered from lessees in default. The Company recorded impairment charges during the years ended December 31, 2022, 2021 and 2020 of $ 1,935 , $ 2,793 and $ 0 , respectively, to write-off containers that were unlikely to be recovered from lessees in default, offset by gains of $ 827 , $ 7,662 and $ 1,647 , respectively, associated with recoveries on containers previously estimated as lost with lessees in default. The gain on container recovery of $ 7,577 during the year ended December 31, 2021 was mainly due to the reinstatement of containers with a previously insolvent and bankrupt lessee who made a successful exit from bankruptcy, and such containers had been written off in 2019. The gain on container recovery of $ 1,644 during the year ended December 31, 2020 was mainly due to a settlement agreement with an insolvent lessee on containers which were previously written off in 2018. These amounts are recorded in the consolidated statements of operations as “container lessee default expense (recovery), net”. Impairment of Containers Held for Sale Containers identified as being available for sale are valued at the lower of carrying value or fair value, less costs to sell. The Company records impairment to write-down the value of containers held for sale to their estimated fair value, less cost to sell, under observable (Level 2) market inputs. The fair value was estimated based on recent gross sales proceeds for sales of similar types of containers in the locations in which the containers are stored. When containers are sold or otherwise retired, the cost and related accumulated depreciation are removed, and any resulting gain or loss is recognized. Subsequent additions or reductions to the fair values of these written down assets are recorded as adjustments to the carrying value of the containers held for sale. The carrying value of containers held for sale that have been impaired and written down to their estimated fair value less cost to sell was $ 3,556 and $ 270 as of December 31, 2022 and 2021, respectively. Any subsequent increase in fair value less costs to sell is recognized as a reversal of container impairment but not in excess of the cumulative loss previously recognized. During the years ended December 31, 2022, 2021 and 2020, the Company recorded container impairment charges (reversals) of $ 2,325 , $( 385 ) and $ 11,094 , respectively, to write down the value of containers held for sale to their estimated fair value less cost to sell, net of reversals of previously recorded impairments on containers held for sale, due to rising used container prices. The impairment charges (reversals) are included in “depreciation and amortization” in the consolidated statements of operations. During the years ended December 31, 2022, 2021 and 2020, the Company recorded the following net gain on sale of containers, included in “gain on sale of owned fleet containers, net” in the consolidated statements of operations: 2022 2021 2020 Units Amount Units Amount Units Amount Gain on sale of previously written 2,765 $ 431 3,430 $ 2,165 51,541 $ 15,451 Gain on sale of owned fleet 77,217 76,516 50,550 65,064 54,807 11,779 Gain on sale of owned fleet 79,982 $ 76,947 53,980 $ 67,229 106,348 $ 27,230 Gain on sale of owned fleet containers, net The Company also generally sells containers at the end of their useful lives or when it is financially attractive to do so. The gain on sale of owned fleet containers is the excess of the sale price over the carrying value for these units at the time of sale. Revenue is recorded when control of the containers is transferred to the customer, which typically occurs upon delivery to, or pick-up by, the customer and when collectability is reasonably assured. Gain on sale of owned fleet containers, net, also includes gains (losses) recognized at the inception of sales-type leases of our owned fleet, representing the excess (deficiency) of the estimated fair value of containers placed on sales-type leases over (below) their book value.
Container Lessee Default Expense (Recovery), net	(n) Container Lessee Default Expense (Recovery), net One of the Company’s customers became bankrupt in 2019. In 2021, the bankruptcy settlement agreement related to the restructuring of the previously insolvent customer was finalized. As a result of the assessment of the previously insolvent customer’s restructuring and successful exit from bankruptcy, the Company recorded a container loss recovery of $ 7,986 included in “container lessee default expense (recovery), net” in the consolidated statements of operations during the year ended December 31, 2021. The Company did not submit a final insurance claim after its review of the previously insolvent customer’s restructuring plan, therefore, the insurance receivable of $ 2,106 was written-off and included in “container lessee default expense (recovery), net” in the consolidated statements of operations during the year ended December 31, 2021.
Income Taxes	(o) Income Taxes The Company uses the asset and liability method to account for income taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recorded when the realization of a deferred tax asset is deemed to be unlikely. The Company also accounts for income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50 % likely of being realized. Changes in the recognition or measurement are reflected in the period in which the change in judgment occurs. If there are findings in future regulatory examinations of the Company’s tax returns, those findings may result in an adjustment to income tax expense. The Company records interest and penalties related to unrecognized tax benefits in income tax expense.
Debt Issuance Costs	(p) Debt Issuance Costs The Company capitalizes costs directly associated with the issuance or modification of its debt and the balance of the debt issuance costs, net of amortization, are netted against the debt recorded in the consolidated balance sheets. Debt issuance costs are amortized using the interest rate method and the straight-line method over the general terms of the related fixed principal payment debt and the related revolving debt facilities, respectively, and the amortization is recorded as “interest expense” in the consolidated statements of operations. In 2022, 2021 and 2020, debt issuance costs of $ 4,370 , $ 27,895 and $ 13,637 , respectively, were capitalized and amortization of debt issuance costs of $ 10,001 , $ 9,723 and $ 7,712 , respectively, were recorded in interest expense. When the Company’s debt is modified or terminated prior to maturity, any unamortized debt issuance costs related to a decrease in borrowing capacity with any of the Company’s lenders is immediately written-off and recorded in “debt termination expense”. In 2021 and 2020, the Company recorded write-offs of unamortized debt issuance costs and bond discounts of $ 4,578 and $ 8,750 , respectively (see Note 7 “Debt”). No unamortized debt issuance costs were written-off during the year ended December 31, 2022.
Concentrations	(c) Concentration of Credit Risk The Company's container leasing equipment and accounts receivable subject it to potential credit risk. Credit risk is mitigated by the Company's assessment of the creditworthiness of container shipping lines and the ongoing monitoring of the customers’ financial condition, credit history and outstanding accounts receivable balances (see Note 1 (g) “Allowance for Credit Losses” for further discussions on the Company’s ongoing credit review of lessees). The Company’s customers are mainly international shipping lines, which transport goods on international trade routes. Once the containers are on-hire with a lessee, the Company does not track their location. The domicile of the lessee is not indicative of where the lessee is transporting the containers. The Company’s business risk in its geographic concentration lies with the creditworthiness of the lessees rather than the location of the containers or the domicile of the lessees. Total lease rental income, as reported in the consolidated statements of operations, comprises revenue earned from leases on containers in the Company’s total fleet, including revenue earned from leases on containers in its managed fleet. Except for the lessees noted in the table below, no other single lessee accounted for more than 10% of the Company’s total lease rental income during the years ended December 31, 2022, 2021 and 2020: Total Lease Rental Income 2022 2021 2020 Customer A 24.4 % 21.0 % 17.8 % Customer B 11.7 % 12.2 % 13.1 % Customer C 10.8 % 12.1 % 9.7 % Other financial instruments that are exposed to concentrations of credit risk are cash and cash equivalents, restricted cash balances, and derivatives (see Note 1 (e) "Cash and Cash Equivalents and Restricted Cash" and Note 8 "Derivative Instruments" for further discussions). The Company believes no significant concentration risk exists with respect to its cash and cash equivalents and restricted cash balances. The Company does not anticipate any non-performance by the derivative counterparties.
Derivative Instruments and Hedging	(q) Derivative Instruments and Hedging The Company has entered into various interest rate swap agreements to mitigate its exposure associated with its variable rate debt. The swap agreements involve payments by the Company to counterparties at fixed rates in return for receipts based upon variable rates indexed to the Secured Overnight Financing Rate (“SOFR”), which was the Company’s replacement rate due to London Inter Bank Offered Rate (“LIBOR”) transition. The fair value of the derivative instruments is measured at each balance sheet date and is reflected on a gross basis on the consolidated balance sheets. The Company establishes criteria for both the designation and effectiveness of hedging activities. A derivative instrument qualifies for hedge accounting if the Company expects it to be highly effective in offsetting the underlying hedged exposure and the Company fulfills the hedge documentation requirements. Formal hedge documentation is prepared for all derivative instruments designated as hedges, including a description of the hedged item, the hedging instrument, and the risk being hedged. As of December 31, 2022 and 2021, all of the Company’s derivative instruments are designated as cash flow hedges for accounting purposes (see Note 8 “Derivative Instruments” for further discussions). Derivative instruments that are designated as cash flow hedges for accounting purposes are considered effective hedges and are recorded using hedge accounting. Under cash flow hedging, the change in fair value of derivative instruments is initially reported in the consolidated balance sheets as a component of “accumulated other comprehensive income” and reclassified to earnings in “interest expense, net” when realized or when hedged interest payments are recognized.
Share Options and Restricted Share Units	(r) Share Options and Restricted Share Units The Company estimates the fair value of all employee share options, restricted share units (“RSU”) and performance restricted share units (“PSU”) awarded under its 2019 Share Incentive Plan (the “2019 Plan”) on the grant date. The Company uses the Black-Scholes-Merton (“Black-Scholes”) option-pricing model to determine the estimated fair value for share options. The Company uses the fair market value of the Company’s common shares on the grant date, discounted for estimated dividends that will not be received by the employees during the vesting period, for determining the estimated fair value for time based RSUs. For PSUs or market based restricted share units that were granted with a market condition, the Company uses the Monte-Carlo simulation valuation model. See Note 11 “Share-Based Compensation” for further discussions. Compensation expense for share options and RSUs with only a service condition is recognized on a straight-line basis over the requisite service period, generally the vesting period of the award. Provided that the requisite service period is rendered, compensation expense for PSUs with a market condition is recognized on a straight-line basis even if the market condition is not achieved. Compensation expense is recognized net of forfeitures that are estimated at the time of grant based on the Company’s historical experience and revised in subsequent periods if actual forfeitures differ from those estimates. The expected forfeiture rate was 3.5 %, 3.4 % and 3.5 % as of December 31, 2022, 2021 and 2020, respectively.
Comprehensive Income	(s) Comprehensive Income The Company discloses the effect of its foreign currency translation adjustment, change in fair value of cash flow hedging derivative instruments, and reclassification of realized gain or loss on cash flow hedging instruments as components of “other comprehensive income” in the Company’s consolidated statements of comprehensive income.
Fair Value Measurements	(t) Fair Value Measurements Fair value represents the price that would be received to sell the asset or paid to transfer the liability in an orderly transaction between market participants at the measurement date. The Company utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those levels: • Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices which are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. • Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions. As of December 31, 2022 and 2021, the carrying amounts of cash and cash equivalents, restricted cash, accounts receivable and payable, due from affiliates, net, container contracts payable, and due to container investors, net, approximate their fair values due to the short-term nature of these financial instruments. See Note 1 (m) “Containers”, Note 4 “Leases”, Note 7 “Debt” and Note 8 “Derivative Instruments” for further discussions on fair value of containers held for sale, fair value of net investment in finance leases and container leaseback financing receivable, fair value of debt, and fair value of derivative instruments, respectively. Fair Value of Marketable Equity Securities As of December 31, 2022 and 2021, the Company held investments in marketable equity securities with readily determinable fair values of $ 1,411 and $ 2,866 , respectively. The fair value of investments in marketable equity securities is measured at each balance sheet date based on quoted market prices (Level 1) and the change in fair value of marketable equity securities still held as of December 31, 2022 and 2021 was $( 502 ) and $( 589 ) during the years ended December 31, 2022 and 2021, respectively, which was recorded as “unrealized (loss) gain on financial instruments, net” in the consolidated statements of operations.
Reclassifications and Changes in Presentation	(u) Reclassifications and Changes in Presentation Certain prior period amounts for the years ended December 31, 2021 and 2020 have been reclassified to conform to the current period presentation as discussed below: • The Company reclassified the total lease rental income out of the previously reported line items “lease rental income - owned fleet” and “lease rental income - managed fleet” to the line items “operating leases – owned fleet”, “operating leases – managed fleet” and “finance leases and container leaseback financing receivable – owned fleet” to additionally present breakdown of total lease rental income by lease type in the consolidated statements of operations. • The Company reclassified the amounts out of the separate line item “amortization expense” to be included within the line item “depreciation and amortization” in the consolidated statements of operations and in the consolidated statements of cash flows. • The Company reclassified the amounts out of the previously reported line item “interest income” to be included within the line item “other, net” in the consolidated statements of operations. • The Company reclassified the fixed asset purchase amounts out of the previously reported line item “purchase of containers and fixed assets” to be included to the separate line item “other” in the consolidated statements of cash flows. • The Company combined the previously reported separate line items for the preferred share issuances to be included within the line item “cumulative redeemable perpetual preferred shares” in total shareholders’ equity in the consolidated balance sheets. The changes in the presentation have no impact on “total lease rental income”, “total operating expenses”, and “net income”.
Recently Issued Accounting Standards and Pronouncements	(v) Recently Issued Accounting Standards and Pronouncements In March 2020, the FASB issued Accounting Standards Update No. 2020-04, Reference Rate Reform (“Topic 848”) : Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”). In January 2021, the FASB also issued Accounting Standards Update No 2021-01 , Reference Rate Reform: Scope (“ASU 2021-01”), which expands the scope of Topic 848 . In December 2022, the FASB also issued Accounting Standards Update No 2022-06 , Reference Rate Reform: Deferral of the Sunset Date of Topic 848 (“ASU 2022-06”), which defers the sunset date from December 31, 2022 to December 31, 2024. The amendments provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. As of December 31, 2022, the Company completed its amendment of all variable rate debt agreements and interest rate swap contracts due to replacement of LIBOR to SOFR. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements. In July 2021, the FASB issued Accounting Standards Update No. 2021-05, Leases (Topic 842), Lessors – Certain Leases with Variable Lease Payments (“ASU 2021-05”). The amendment provides guidance to clarify lessor’s accounting for certain leases with variable lease payments by amending the lessor lease classification requirements under Topic 842. ASU 2021-05 requires a lessor to classify and account for a lease with variable lease payments that do not depend on a reference index or a rate as an operating lease if both of the following criteria are met: 1) The lease would have been classified as a sales-type lease or a direct financing lease in accordance with the classification criteria in Topic 842; and 2) The lessor would have otherwise recognized a day-one loss. The Company adopted ASU 2021-05 effective January 1, 2022 on a prospective basis. Based on the nature of the Company’s finance leases, the adoption of this guidance did not have an impact on the Company’s consolidated financial statements. In March 2022, the FASB issued Accounting Standards Update No. 2022-02, Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures (“ASU 2022-02”). The amendment eliminates the accounting guidance for troubled debt restructurings by creditors in Topic 310 - Receivables and amends the disclosure requirements for restructurings involving borrowers that are experiencing financial difficulty under ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments , which was adopted by the Company on the effective date of January 1, 2020. ASU 2022-02 requires disclosure of current period gross write-offs by year of origination for financing receivables and net investment in finance leases and must be included in the vintage disclosure of the amortized cost basis of financing receivables and net investment in finance leases by credit quality indicator and by year of origination as required by ASU 2016-13. ASU 2022-02 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. The Company will adopt ASU 2022-02 effective January 1, 2023 on a prospective basis and expects no impact on the Company’s consolidated financial statements other than the enhanced disclosure requirements.

Nature of Business and Summar_3

Nature of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Concentration Risk of Total Lease Rental Income	Except for the lessees noted in the table below, no other single lessee accounted for more than 10% of the Company’s total lease rental income during the years ended December 31, 2022, 2021 and 2020: Total Lease Rental Income 2022 2021 2020 Customer A 24.4 % 21.0 % 17.8 % Customer B 11.7 % 12.2 % 13.1 % Customer C 10.8 % 12.1 % 9.7 %
Schedule of Cost, Accumulated Depreciation and Net Book Value of the Company's Leasing Equipment by Equipment Type	The Company estimates the useful lives and residual values of its container leasing equipment to be as follows: As of December 31, 2022 and 2021 Estimated useful Residual life (years) Value Dry containers other than open top and flat rack 20' 13 $ 1,000 40' 14 $ 1,200 40' high cube 13 $ 1,400 45' high cube 13 $ 1,500 Refrigerated containers: 20' 12 $ 2,750 20' high cube 12 $ 2,049 40' high cube 12 $ 4,000 Open top and flat rack containers: 20' folding flat rack 15 $ 1,300 40' folding flat rack 16 $ 1,700 20' open top 15 $ 1,500 40' open top 14 $ 2,500 Tank containers 20 10 % of cost The cost, accumulated depreciation and net book value of the Company’s container leasing equipment by equipment type as of December 31, 2022 and 2021 were as follows: 2022 2021 Cost Accumulated Net Book Cost Accumulated Net Book Dry containers other than 20' $ 1,469,668 $ ( 490,098 ) $ 979,570 $ 1,530,464 $ ( 471,549 ) $ 1,058,915 40' 121,512 ( 51,170 ) 70,342 141,292 ( 55,448 ) 85,844 40' high cube 3,416,785 ( 906,234 ) 2,510,551 3,496,469 ( 791,349 ) 2,705,120 45' high cube 24,718 ( 13,865 ) 10,853 27,354 ( 13,871 ) 13,483 Refrigerated containers: 20' 15,537 ( 8,472 ) 7,065 18,445 ( 8,899 ) 9,546 20' high cube 116 ( 95 ) 21 809 ( 606 ) 203 40' high cube 1,122,563 ( 503,886 ) 618,677 1,163,149 ( 462,645 ) 700,504 Open top and flat rack 20' folding flat 15,840 ( 5,818 ) 10,022 16,206 ( 5,291 ) 10,915 40' folding flat 46,519 ( 20,335 ) 26,184 47,739 ( 19,073 ) 28,666 20' open top 12,731 ( 2,329 ) 10,402 13,046 ( 2,090 ) 10,956 40' open top 19,215 ( 4,774 ) 14,441 21,394 ( 4,827 ) 16,567 Tank containers 129,587 ( 22,591 ) 106,996 107,175 ( 16,016 ) 91,159 Total Containers $ 6,394,791 $ ( 2,029,667 ) $ 4,365,124 $ 6,583,542 $ ( 1,851,664 ) $ 4,731,878
Net Gain on Sale of Owned Fleet Containers	During the years ended December 31, 2022, 2021 and 2020, the Company recorded the following net gain on sale of containers, included in “gain on sale of owned fleet containers, net” in the consolidated statements of operations: 2022 2021 2020 Units Amount Units Amount Units Amount Gain on sale of previously written 2,765 $ 431 3,430 $ 2,165 51,541 $ 15,451 Gain on sale of owned fleet 77,217 76,516 50,550 65,064 54,807 11,779 Gain on sale of owned fleet 79,982 $ 76,947 53,980 $ 67,229 106,348 $ 27,230

Managed Container Fleet (Tables

Managed Container Fleet (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue From Contract With Customer [Abstract]
Schedule of Company's Leasing Equipment	The Company’s container leasing equipment includes such managed containers in the consolidated balance sheets as of December 31, 2022 and 2021, which consisted of the following: 2022 2021 Cost Accumulated Net Book Cost Accumulated Net Book Containers - owned fleet $ 6,378,374 $ ( 2,027,743 ) $ 4,350,631 $ 6,566,785 $ ( 1,850,721 ) $ 4,716,064 Containers - managed fleet 16,417 ( 1,924 ) 14,493 16,757 ( 943 ) 15,814 Total containers $ 6,394,791 $ ( 2,029,667 ) $ 4,365,124 $ 6,583,542 $ ( 1,851,664 ) $ 4,731,878
Summary of Income from Managed Fleet, Including Management Fees Earned from Acquisition Fees and Sales Commissions	ncome from the managed fleet, including management fees earned from acquisition fees and sales commissions during 2022, 2021 and 2020 were as follows: 2022 2021 2020 Lease rental income - managed fleet $ 49,635 $ 56,037 $ 62,448 Less: distribution expense to managed fleet ( 44,150 ) ( 50,360 ) ( 57,311 ) Less: depreciation and interest expense on managed ( 1,836 ) ( 1,348 ) ( 730 ) 3,649 4,329 4,407 Management fees from non-leasing services 2,812 3,360 5,271 Total $ 6,461 $ 7,689 $ 9,678
Summary of Reconciliation of Balance Sheet Accounts From the Managed Fleet to Total Amount in Condensed Consolidated Balance Sheets	The following table provides a reconciliation of the balance sheet accounts from the managed fleet to the total amount as of December 31, 2022 and 2021 in the consolidated balance sheets (also, see Note 3 “Transactions with Affiliates and Container Investors”). 2022 2021 Accounts receivable, net - owned fleet $ 107,457 $ 118,107 Accounts receivable, net - managed fleet 7,348 7,639 Total accounts receivable, net $ 114,805 $ 125,746 Prepaid expenses and other current assets - owned fleet $ 16,614 $ 14,142 Prepaid expenses and other current assets - managed fleet 89 42 Total prepaid expenses and other current assets $ 16,703 $ 14,184 Accounts payable and accrued expenses - owned fleet $ 22,868 $ 21,736 Accounts payable and accrued expenses - managed fleet 1,292 375 Total accounts payable and accrued expenses $ 24,160 $ 22,111 Container contracts payable - owned fleet $ 6,648 $ 140,968 Total container contracts payable $ 6,648 $ 140,968

Transactions with Affiliates _2

Transactions with Affiliates and Container Investors (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Summary of Due to Container Investors, Net	The following table provides a summary of due to container investors, net at December 31, 2022 and 2021: 2022 2021 Accounts receivable, net - managed fleet $ 7,348 $ 7,639 Prepaid expenses and other current assets - managed fleet 89 42 Accounts payable and accrued expenses - managed fleet ( 1,292 ) ( 375 ) 6,145 7,306 Distributions due to container investors on lease rentals collected, net of 9,987 10,679 Due to container investors, net $ 16,132 $ 17,985

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Lease Rental Income	The Company’s lease rental income during 2022, 2021 and 2020 were as follows: 2022 2021 2020 Owned Managed Total Owned Managed Total Owned Managed Total Lease rental income - operating leases $ 595,202 $ 47,694 $ 642,896 $ 577,946 $ 54,652 $ 632,598 $ 469,109 $ 58,175 $ 527,284 Interest income on net 108,359 — 108,359 82,659 — 82,659 30,121 — 30,121 Interest income on container 41,997 — 41,997 21,380 — 21,380 17,243 — 17,243 Variable lease revenue 14,821 1,941 16,762 12,708 1,385 14,093 21,952 4,273 26,225 Total lease rental income $ 760,379 $ 49,635 $ 810,014 $ 694,693 $ 56,037 $ 750,730 $ 538,425 $ 62,448 $ 600,873
Schedule of Future Minimum Lease Payments Receivable	Operating Leases The following is a schedule, by year, of future minimum lease payments receivable under the long-term leases for the owned and managed container fleet as of December 31, 2022: Owned Managed Total Year ending December 31: 2023 $ 454,913 $ 28,933 $ 483,846 2024 386,191 25,930 412,121 2025 300,954 20,948 321,902 2026 228,995 16,213 245,208 2027 169,451 11,830 181,281 2028 and thereafter 374,014 8,078 382,092 Total future minimum lease payments receivable $ 1,914,518 $ 111,932 $ 2,026,450
Schedule of Components of Container Leaseback Financing Receivable	The following table represents the components of the container leaseback financing receivable as of December 31, 2022 and 2021: 2022 2021 Future minimum payments receivable $ 1,179,515 $ 483,325 Less: unearned income ( 354,769 ) ( 129,065 ) Container leaseback financing receivable (1) 824,746 354,260 Less: Allowance for credit losses ( 114 ) ( 113 ) Container leaseback financing receivable, net (2) $ 824,632 $ 354,147 Amounts due within one year 53,652 30,317 Amounts due beyond one year 770,980 323,830 Container leaseback financing receivable, net $ 824,632 $ 354,147 (1) One major customer represented 97.4 % and 90.6 % of the Company’s container leaseback financing receivable portfolio as of December 31, 2022 and 2021, respectively. (2) As of December 31, 2022 and 2021, the fair value of container leaseback financing receivable (including the short-term balance) was approximately $ 732,951 and $ 357,828 , respectively, and was measured using Level 2 inputs.
Schedule of Components of Net Investment in Finance Leases	Net Investment in Finance Leases The following table represents the components of the net investment in finance leases as of December 31, 2022 and 2021: 2022 2021 Future minimum lease payments receivable $ 2,487,365 $ 2,558,339 Residual value of containers 47,686 16,532 Less: unearned income ( 713,736 ) ( 768,038 ) Net investment in finance leases (1) 1,821,315 1,806,833 Less: Allowance for credit losses ( 1,279 ) ( 743 ) Net investment in finance leases, net (2) $ 1,820,036 $ 1,806,090 Amounts due within one year 130,913 113,048 Amounts due beyond one year 1,689,123 1,693,042 Net investment in finance leases, net $ 1,820,036 $ 1,806,090 (1) One major customer represented 80.8 % and 85.1 % of the Company’s finance lease portfolio as of December 31, 2022 and 2021, respectively. No other customer represented more than 10% of the Company’s finance leases portfolio in each of those periods. (2) As of December 31, 2022 and 2021, the fair value of net investment in finance leases (including the short-term balance) was approximately $ 1,659,155 and $ 1,810,712 , respectively, and was measured using Level 2 inputs.
Future Minimum Lease Payments Receivable Under Direct Financing and Sales-type Leases	The following is a schedule by year of future minimum lease payments receivable under container leaseback financing receivable and net investment in finance leases as of December 31, 2022: Year ending December 31: Container Leaseback Financing Receivable Net Investment in Finance Leases Total 2023 $ 99,927 $ 232,689 $ 332,616 2024 95,974 228,958 324,932 2025 88,427 211,967 300,394 2026 86,942 207,216 294,158 2027 86,942 201,909 288,851 2028 and thereafter 721,303 1,404,626 2,125,929 Total future minimum lease payments receivable $ 1,179,515 $ 2,487,365 $ 3,666,880
Schedule of Rent Expense and Other Information Related to Operating Leases	Rent expense and other information related to the Company's operating leases during 2022, 2021 and 2020 are as follows: 2022 2021 2020 Operating lease cost $ 2,084 $ 2,103 $ 2,103 Short-term and variable lease cost 216 112 128 Total rent expense $ 2,300 $ 2,215 $ 2,231 Cash paid for amounts included in the measurement of lease liabilities $ 2,349 $ 2,379 $ 2,221
Minimum Lease Payment under Noncancelable Operating Leases	Future minimum lease payment obligations under the Company’s noncancelable operating leases at December 31, 2022 were as follows: Operating leases Year ending December 31: 2023 $ 2,334 2024 2,385 2025 2,130 2026 2,179 2027 935 2028 and thereafter — Total minimum lease payments 9,963 Less imputed interest ( 851 ) Total present value of operating lease liabilities $ 9,112

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Allowance For Credit Loss [Abstract]
Summary of Net Investment in Finance Leases and Container Leaseback Financing Receivable	The following table presents the net investment in finance leases and container leaseback financing receivable by internal credit rating category and year of origination as of December 31, 2022: Year Ended December 31, 2022 2021 2020 2019 2018 Prior Total Tier 1 $ 84,987 $ 818,866 $ 566,132 $ 97,860 $ 31,042 $ 8,464 $ 1,607,351 Tier 2 33,981 76,583 32,822 28,761 15,899 1,742 189,788 Tier 3 9,726 6,430 1,823 5,853 331 13 24,176 Net investment in finance leases $ 128,694 $ 901,879 $ 600,777 $ 132,474 $ 47,272 $ 10,219 $ 1,821,315 Tier 1 $ 504,774 $ 11,435 $ 100,662 $ 186,170 $ — $ — $ 803,041 Tier 2 — 4,021 — 17,684 — — 21,705 Container leaseback financing receivable $ 504,774 $ 15,456 $ 100,662 $ 203,854 $ — $ — $ 824,746

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Component of Income Tax Expense	The Company estimates its tax liability based upon its understanding of the tax laws of the various countries in which it operates. Income tax expense (benefit) for 2022, 2021 and 2020 consisted of the following: 2022 2021 2020 Current Bermuda $ — $ — $ — Foreign 2,087 594 446 2,087 594 446 Deferred Bermuda — — — Foreign 5,452 1,179 ( 819 ) 5,452 1,179 ( 819 ) $ 7,539 $ 1,773 $ ( 374 )
Components of Income Before Income Taxes and Noncontrolling Interest	The components of income before income taxes and noncontrolling interest were as follows: 2022 2021 2020 Bermuda sources $ — $ — $ — Foreign sources 316,963 286,061 73,299 $ 316,963 $ 286,061 $ 73,299
Reconciliation of Differences between Bermuda Statutory Income Tax Rate and Effective Tax Rate	A reconciliation of the differences between the Bermuda statutory income tax rate and the effective tax rate as provided in the consolidated statements of operations is as follows: 2022 2021 2020 Bermuda tax rate $ — 0.00 % $ — 0.00 % $ — 0.00 % Foreign tax rate 3,471 1.10 % 271 0.09 % ( 1,291 ) ( 1.76 )% Tax uncertainties 4,068 1.28 % 1,502 0.53 % 917 1.25 % $ 7,539 2.38 % $ 1,773 0.62 % $ ( 374 ) ( 0.51 )% The components of income tax expense and effective tax rate were as follows: 2022 2021 2020 Income before income tax and noncontrolling interests $ 316,963 $ 286,061 $ 73,299 Tax uncertainties $ 4,068 1.28 % $ 1,502 0.53 % $ 917 1.25 % Foreign taxes Stock base compensation ( 27 ) ( 0.01 )% ( 622 ) ( 0.22 )% ( 94 ) ( 0.13 )% 162(m) officers' compensation 459 0.14 % 412 0.14 % 102 0.14 % Adjustment for prior years 134 0.04 % ( 392 ) ( 0.14 )% 47 0.06 % Foreign derived intangible income ( 455 ) ( 0.14 )% ( 329 ) ( 0.12 )% ( 112 ) ( 0.15 )% Valuation allowance — — ( 382 ) ( 0.13 )% 67 0.09 % Foreign rate difference 3,415 1.08 % 1,583 0.55 % ( 1,333 ) ( 1.82 )% Other ( 55 ) ( 0.02 )% 1 0.00 % 32 0.04 % 3,471 1.10 % 271 0.09 % ( 1,291 ) ( 1.76 )% $ 7,539 2.38 % $ 1,773 0.62 % $ ( 374 ) ( 0.51 )%
Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2022 and 2021 are presented below: 2022 2021 Deferred tax assets Net operating loss carryforwards $ 16,360 $ 17,765 Other ( 92 ) 1,006 16,269 18,771 Valuation allowance — — Deferred tax assets 16,269 18,771 Deferred tax liabilities Containers, net 28,239 25,287 Other — — Deferred tax liabilities 28,239 25,287 Net deferred tax liabilities $ 11,970 $ 6,516
Reconciliation of Beginning and Ending Unrecognized Tax Benefit Amount	A reconciliation of the beginning and ending unrecognized tax benefit amounts for 2022 and 2021 are as follows: Balance at December 31, 2020 $ 20,575 Increases related to prior year tax positions 156 Increases related to current year tax positions 2,878 Lapse of statute of limitations ( 1,457 ) Balance at December 31, 2021 $ 22,152 Decreases related to prior year tax positions ( 158 ) Increases related to current year tax positions 5,474 Lapse of statute of limitations ( 1,320 ) Balance at December 31, 2022 $ 26,148

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt Obligation	The following represents the Company’s debt obligations as of December 31, 2022 and 2021: 2022 2021 Outstanding Average Interest Outstanding Average Interest Final Maturity TL Revolving Credit Facility $ 1,367,858 5.78 % $ 1,062,858 1.60 % August 2027 TL 2019 Term Loan 127,293 3.50 % 138,578 3.50 % December 2026 TL 2021-1 Term loan 60,314 2.65 % 65,804 2.65 % February 2028 TL 2021-2 Term Loan 192,202 2.90 % 206,635 2.90 % October 2028 TMCL II Secured Debt Facility (1) 1,239,440 6.00 % 1,073,741 1.75 % November 2028 TMCL VII 2020-1 Bonds 332,413 3.06 % 388,194 3.07 % August 2045 TMCL VII 2020-2 Bonds 476,279 2.26 % 535,690 2.26 % September 2045 TMCL VII 2020-3 Bonds 175,750 2.15 % 195,861 2.15 % September 2045 TMCL VII 2021-1 Bonds 467,881 1.72 % 513,333 1.72 % February 2046 TMCL VII 2021-2 Bonds 564,373 2.27 % 616,469 2.27 % April 2046 TMCL VII 2021-3 Bonds 536,000 1.98 % 584,000 1.98 % August 2046 Total debt outstanding (2) 5,539,803 5,381,163 Unamortized debt premiums and discounts ( 34,884 ) ( 40,643 ) Debt, net of unamortized costs $ 5,504,919 $ 5,340,520 Debt, net of unamortized costs - current $ 377,898 $ 380,207 Debt, net of unamortized costs - non-current $ 5,127,021 $ 4,960,313 (1) Final maturity of the TMCL II Secured Debt Facility is based on the assumption that the facility will not be extended on its scheduled conversion date. (2) The fair value of total debt based on the borrowing rates available to the Company was approximately $ 5,107,874 and $ 5,320,366 at December 31, 2022 and 2021, respectively, and was measured using Level 2 inputs.
Estimated Future Scheduled Repayments	The following is a schedule of future scheduled repayments, by year, and borrowing capacities, as of December 31, 2022: Twelve months ending December 31, Available Current 2023 2024 2025 2026 2027 2028 and Total as limited by the as limited by the TL Revolving Credit Facility $ — $ — $ 121,409 $ 131,386 $ 1,115,063 $ — $ 1,367,858 $ 272,748 $ 1,640,606 TL 2019 Term Loan 11,687 12,102 12,532 90,972 — — 127,293 — 127,293 TL 2021-1 Term loan 5,637 5,789 5,944 6,103 6,267 30,574 60,314 — 60,314 TL 2021-2 Term Loan 14,858 15,294 15,743 16,205 16,681 113,421 192,202 — 192,202 TMCL II Secured Debt Facility (1) 64,792 100,446 102,631 92,825 83,957 794,789 1,239,440 34,977 1,274,417 TMCL VII 2020-1 Bonds (2) 57,816 58,560 57,552 51,869 57,117 49,499 332,413 — 332,413 TMCL VII 2020-2 Bonds (2) 66,975 69,541 69,827 68,492 73,971 127,473 476,279 — 476,279 TMCL VII 2020-3 Bonds (2) 20,111 20,111 20,111 20,111 20,111 75,195 175,750 — 175,750 TMCL VII 2021-1 Bonds (2) 43,864 43,864 43,864 43,864 43,864 248,561 467,881 — 467,881 TMCL VII 2021-2 Bonds (2) 52,096 52,096 52,096 52,096 52,096 303,893 564,373 — 564,373 TMCL VII 2021-3 Bonds (2) 48,000 48,000 48,000 48,000 48,000 296,000 536,000 — 536,000 Total (3) $ 385,836 $ 425,803 $ 549,709 $ 621,923 $ 1,517,127 $ 2,039,405 $ 5,539,803 $ 307,725 $ 5,847,528 (1) The estimated future scheduled repayments for TMCL II Secured Debt Facility are based on the assumption that the facility will not be extended on its associated conversion date. (2) Future scheduled payments for all bonds payable exclude unamortized discounts in an aggregate amount of $ 485 . (3) Future scheduled payments for all debts exclude prepaid debt issuance costs in an aggregate amount of $ 34,399 .
Summary of Outstanding Fixed-Rate and Floating-Rate Debt	The following table summarizes the Company's outstanding fixed-rate and floating-rate debt as of December 31, 2022: Balance Outstanding Contractual Weighted Average Interest Rate Excluding impact of derivative instruments: Fixed-rate debt $ 2,932,505 2.32 % Floating-rate debt 2,607,298 5.88 % Including impact of derivative instruments: Fixed-rate debt 2,932,505 2.32 % Hedged floating-rate debt 2,071,125 2.88 % Total fixed and hedged debt 5,003,630 2.55 % Unhedged floating-rate debt 536,173 5.83 % Total $ 5,539,803 2.87 %

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Summary of Derivative Instruments	The following table summarizes the Company’s derivative instruments as of December 31, 2022: Notional Derivative instruments amount Interest rate swap contracts with several banks that were indexed to daily SOFR, with fixed rates between - 0.02 % and 3.84 % per annum, amortizing notional amounts, with termination dates through November 30, 2032 $ 2,071,125 Interest rate cap contract with a bank that was indexed to daily SOFR, with fixed cap rate of 6.33 % per annum, nonamortizing notional amounts, with a termination date of March 31, 2023 100,000 Total notional amount as of December 31, 2022 (1) (2) $ 2,171,125 (1) As of December 31, 2022, the Company completed its amendment of all interest rate swap contracts which were related with the replacement of LIBOR to SOFR due to the reference rate reform. (2) Excludes the Company’s interest rate swap contract with an effective date in a future period (“forward starting interest rate swap”). In February 2022, the Company entered into a forward starting interest rate swap with a bank that was indexed to daily SOFR and with an initial notional amount of $ 100,000 . The Company pays a fixed rate at 1.96 % and with an effective date of February 28, 2024 and termination date of February 28, 2034 .
Summary of Fair Value of Derivative Instruments on Consolidated Balance Sheets	The following table summarizes the fair value of derivative instruments on the consolidated balance sheets as of December 31, 2022 and 2021: Fair Values of Derivative Instruments Assets (liabilities), net Balance at December 31, 2020 $ ( 29,188 ) Change in derivative instruments designated as cash flow hedges 10,986 Reclassification of realized loss on derivative instruments 8,771 Unrealized gain on derivative instruments not designated as cash flow hedges 5,220 Cash settlements on early termination on interest rate swaps not designated as 14,350 Balance at December 31, 2021 10,139 Change in derivative instruments designated as cash flow hedges 151,814 Reclassification of realized gain on derivative instruments ( 12,709 ) Balance at December 31, 2022 $ 149,244
Summary of Pre-tax Impact of Derivative Instruments on Consolidated Statements of Operations and Comprehensive Income	The following table summarizes the pre-tax impact of derivative instruments on the consolidated statements of operations and comprehensive income during the years ended December 31, 2022, 2021 and 2020: 2022 2021 2020 Derivative instruments Financial Statement Line Item Non-designated Realized loss on financial instruments, net $ — $ ( 5,408 ) $ ( 12,295 ) Non-designated Unrealized gain (loss) on financial instruments, net $ — $ 5,220 $ ( 6,044 ) Designated Other comprehensive income (loss) $ 151,814 $ 10,986 $ ( 12,307 ) Designated Interest income (expense) $ 12,709 $ ( 8,771 ) $ ( 2,806 )

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Summary of Segment Information	The following tables show segment information for 2022, 2021 and 2020: Container Container Container 2022 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 756,980 $ 50,304 $ — $ — $ 2,730 $ 810,014 Management fees - non-leasing $ — $ 223 $ 2,589 $ — $ — $ 2,812 Inter-segment management fees $ — $ 75,116 $ 15,411 $ — $ ( 90,527 ) $ — Trading container margin $ — $ — $ 1,852 $ — $ — $ 1,852 Gain on sale of owned fleet $ 76,751 $ — $ — $ — $ 196 $ 76,947 Depreciation and amortization $ 298,737 $ 1,676 $ — $ — $ ( 7,585 ) $ 292,828 Container lessee default expense, $ 1,179 $ — $ — $ — $ — $ 1,179 Interest expense $ 156,396 $ 853 $ — $ — $ — $ 157,249 Realized loss on financial $ — $ 91 $ — $ — $ — $ 91 Unrealized loss on financial $ — $ 502 $ — $ — $ — $ 502 Segment income (loss) before $ 266,224 $ 39,938 $ 16,666 $ ( 6,802 ) $ 937 $ 316,963 Income tax expense $ 6,922 $ 617 $ — $ — $ — $ 7,539 Total assets $ 7,562,913 $ 197,368 $ 6,464 $ 7,539 $ ( 161,050 ) $ 7,613,234 Purchase of containers and $ 269,418 $ 2,583 $ — $ — $ — $ 272,001 Payments on container leaseback $ 533,867 $ — $ — $ — $ — $ 533,867 Container Container Container 2021 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 694,045 $ 56,685 $ — $ — $ — $ 750,730 Management fees - non-leasing $ — $ 373 $ 2,987 $ — $ — $ 3,360 Inter-segment management fees $ — $ 83,074 $ 9,954 $ — $ ( 93,028 ) $ — Trading container margin $ — $ — $ 10,760 $ — $ — $ 10,760 Gain on sale of owned fleet $ 67,229 $ — $ — $ — $ — $ 67,229 Depreciation and amortization $ 289,610 $ 3,650 $ — $ — $ ( 9,145 ) $ 284,115 Container lessee default recovery, $ 1,088 $ — $ — $ — $ — $ 1,088 Interest expense $ 126,628 $ 641 $ — $ — $ — $ 127,269 Debt termination expense $ 15,209 $ — $ — $ — $ — $ 15,209 Realized loss on financial $ 5,408 $ 226 $ — $ — $ — $ 5,634 Unrealized gain (loss) on financial $ 5,220 $ ( 811 ) $ — $ — $ — $ 4,409 Segment income (loss) before $ 239,857 $ 46,706 $ 19,166 $ ( 4,845 ) $ ( 14,823 ) $ 286,061 Income tax expense $ 1,404 $ 369 $ — $ — $ — $ 1,773 Total assets $ 7,269,451 $ 230,810 $ 15,819 $ 12,644 $ ( 161,280 ) $ 7,367,444 Purchase of containers and $ 1,991,898 $ 1,242 $ — $ — $ — $ 1,993,140 Payments on container leaseback $ 18,705 $ — $ — $ — $ — $ 18,705 Container Container Container 2020 Ownership Management Resale Other Eliminations Totals Total lease rental income $ 537,534 $ 63,339 $ — $ — $ — $ 600,873 Management fees - non-leasing $ 392 $ 129 $ 4,750 $ — $ — $ 5,271 Inter-segment management fees $ — $ 54,899 $ 12,575 $ — $ ( 67,474 ) $ — Trading container margin $ — $ — $ 3,532 $ — $ — $ 3,532 Gain on sale of owned fleet $ 27,230 $ — $ — $ — $ — $ 27,230 Depreciation and amortization $ 268,401 $ 3,511 $ — $ — $ ( 7,675 ) $ 264,237 Container lessee default recovery, $ 1,675 $ — $ — $ — $ — $ 1,675 Interest expense $ 122,863 $ 367 $ — $ — $ — $ 123,230 Debt termination expense $ 8,750 $ — $ — $ — $ — $ 8,750 Realized loss on financial $ 12,295 $ — $ — $ — $ — $ 12,295 Unrealized loss on financial $ 6,044 $ — $ — $ — $ — $ 6,044 Segment income (loss) before $ 41,831 $ 23,641 $ 16,433 $ ( 3,254 ) $ ( 5,352 ) $ 73,299 Income tax benefit (expense) $ 1,088 $ ( 714 ) $ — $ — $ 0 $ 374 Total assets $ 5,641,866 $ 180,933 $ 12,050 $ 13,691 $ ( 107,164 ) $ 5,741,376 Purchase of containers and $ 968,204 $ 194 $ — $ — $ — $ 968,398 Payments on container leaseback $ 116,263 $ — $ — $ — $ — $ 116,263 (1) Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.
Segment Information Geographic Allocation of Lease Rental Income and Management Fees	The following table represents the geographic allocation of total lease rental income and management fees from non-leasing services during the years ended December 31, 2022, 2021 and 2020 based on customers’ and Container Investors’ primary domicile: Years ended December 31, 2022 2021 2020 Total lease rental income: Asia $ 395,093 $ 373,614 $ 302,709 Europe 379,790 343,351 266,431 North / South America 34,343 32,296 29,391 Bermuda — — — All other international 788 1,469 2,342 $ 810,014 $ 750,730 $ 600,873 Management fees, non-leasing: Europe $ 1,523 $ 1,530 $ 2,397 Bermuda 1,187 1,699 2,797 North / South America 63 23 9 Asia — 45 11 All other international 39 63 57 $ 2,812 $ 3,360 $ 5,271
Segment Information Geographic Allocation of Trading Container Sales Proceeds and Gains on Sale of Owned Fleet Containers Net	The following table represents the geographic allocation of trading container sales proceeds and gain on sale of owned fleet containers, net during the years ended December 31, 2022, 2021 and 2020 based on the location of sale: Years ended December 31, 2022 2021 2020 Trading container sales proceeds: Asia $ 10,517 $ 14,317 $ 14,896 North / South America 11,453 12,404 13,045 Europe 1,821 5,321 3,991 Bermuda — — — All other international — 3 9 $ 23,791 $ 32,045 $ 31,941 Gain on sale of owned fleet containers, net: Asia $ 48,767 $ 46,328 $ 13,082 North / South America 17,317 10,385 8,610 Europe 10,863 10,516 5,538 Bermuda — — — All other international — — — $ 76,947 $ 67,229 $ 27,230

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments And Contingencies Disclosure [Abstract]
Summary of Restricted Cash	Restricted interest-bearing cash accounts were established by the Company as additional collateral for outstanding borrowings under certain of the Company’s debt facilities. Restricted cash at December 31, 2022 and 2021 consisted of the following: 2022 2021 Trust accounts $ 25,935 $ 16,289 Other restricted cash accounts 76,656 60,073 Total restricted cash $ 102,591 $ 76,362

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Activity of Share Options in 2019 Plan	The following tables summarizes the activity of share options for the years ended December 31, 2022, 2021 and 2020: Share options Weighted Balances, December 31, 2019 1,807,665 $ 19.76 Options exercised during the period ( 113,960 ) $ 11.36 Options expired during the period ( 130,711 ) $ 26.14 Options forfeited during the period ( 33,968 ) $ 12.40 Balances, December 31, 2020 1,529,026 $ 19.90 Options exercised during the period ( 477,103 ) $ 18.95 Options expired during the period ( 40,000 ) $ 32.70 Options forfeited during the period ( 19,128 ) $ 10.74 Balances, December 31, 2021 992,795 $ 20.02 Options exercised during the period ( 236,878 ) $ 23.16 Options expired during the period ( 6,220 ) $ 34.81 Balances, December 31, 2022 749,697 $ 18.91 Options exercisable at December 31, 2022 695,515 $ 19.67 Options vested and expected to vest at December 31, 2022 747,952 $ 18.93
Summary of Activity of RSU and PSU Awards Under the 2019 Plan	The following tables summarizes the activity of RSU and PSU awards for the years ended December 31, 2022, 2021 and 2020: RSU PSU (1) Total Weighted Balances, December 31, 2019 657,620 — 657,620 $ 11.95 Share units granted 200,868 183,560 384,428 $ 16.96 Share units vested ( 300,404 ) — ( 300,404 ) $ 12.08 Share units forfeited ( 19,743 ) — ( 19,743 ) $ 12.62 Balances, December 31, 2020 538,341 183,560 721,901 $ 14.55 Share units granted 102,956 104,834 207,790 $ 44.62 Share units vested ( 278,684 ) ( 7,004 ) ( 285,688 ) $ 12.32 Share units forfeited ( 18,753 ) — ( 18,753 ) $ 12.70 Balances, December 31, 2021 343,860 281,390 625,250 $ 25.37 Share units granted 137,969 145,015 282,984 $ 34.86 Share units vested ( 202,694 ) — ( 202,694 ) $ 16.85 Share units forfeited ( 1,239 ) — ( 1,239 ) $ 35.30 Balances, December 31, 2022 277,896 426,405 704,301 $ 31.62 Total share units outstanding and expected to vest at December 31, 2022 668,146 $ 31.37 (1) The grant date fair value of PSU awards granted during 2022, 2021 and 2020 were $ 42.36 per share, $ 55.85 per share and $ 22.06 per share, respectively. On the settlement date for each measurement period of market-based awards, grantees may receive shares equal to 0 % to 200 % of the awards granted depending upon the achievement of certain market criteria based on the Company’s TSR relative to the peer group during the three-year performance period.
Fair Value of Stock Option/PSU Awards Granted Assumptions Used	The fair value of PSU awards granted during the years ended December 31, 2022, 2021 and 2020 were determined using the Monte Carlo simulation valuation model that incorporated multiple valuation assumptions, including the probability of achieving the specified market condition and the following assumptions.: 2022 2021 2020 Risk-free interest rates 4.12 % 0.54 % 0.16 % Expected common share price volatilities 57.40 % 59.80 % 57.40 %

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule Of Preferred Shares Issuances	The following table summarizes the Company’s preferred share issuances (the “Series”): Preferred Share Offering Date of Issuance Number of Depositary Shares Issued and Outstanding (1) Liquidation Preference Underwriting Discounts Net Proceeds 7.00 % Series A fixed-to-floating rate cumulative redeemable perpetual preferred shares ("Series A") (2) April 2021 6,000,000 $ 150,000 $ 5,292 $ 144,708 6.25 % Series B fixed rate cumulative redeemable perpetual preferred shares ("Series B") (3) August 2021 6,000,000 150,000 5,128 144,872 Total 12,000,000 $ 300,000 $ 10,420 $ 289,580 (1) Each depositary share representing a 1/1,000 th interest in a preferred share, $ 25,000 liquidation preference per share (equivalent to $ 25.00 per depositary share). (2) Series A have no maturity date and are redeemable from June 15, 2026 (the “first reset date”) by the Company. (3) Series B have no maturity date and are redeemable from December 15, 2026 by the Company.
Summary of Company's Board of Directors Approved and Declared Quarterly Preferred Cash Dividends	The Company’s board of directors approved and declared the following quarterly preferred cash dividends during the years ended December 31, 2022 and 2021 on its issued and outstanding preferred shares: 2022 2021 Preferred Share Offering Aggregate Payment Per Depositary Share Payment (1) Aggregate Payment Per Depositary Share Payment (1) (2) Series A $ 10,500 $ 0.44 $ 7,058 $ 0.44 Series B $ 9,375 $ 0.39 $ 2,917 $ 0.49 Total $ 19,875 $ 9,975 (1) Rounded to the nearest whole cent. (2) In June 2021, September 2021, and December 2021, the dividend declared per depositary share on Series A were $ 0.30 , $ 0.44 , and $ 0.44 , respectively.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Reconciliation of Numerator and Denominator of Basic Earnings Per Share ("EPS") With That of Diluted EPS	A reconciliation of the numerator and denominator of basic EPS with that of diluted EPS during 2022, 2021 and 2020 is presented as follows: Share amounts in thousands 2022 2021 2020 Numerator: Net income attributable to common shareholders $ 289,549 $ 273,459 $ 72,822 Denominator: Weighted average common shares outstanding - basic 46,471 49,624 53,271 Dilutive share options, RSU and PSU 828 952 210 Weighted average common shares outstanding - diluted 47,299 50,576 53,481 Net income attributable to common shareholders per common share Basic $ 6.23 $ 5.51 $ 1.37 Diluted $ 6.12 $ 5.41 $ 1.36 Share options, RSU and PSU excluded from the computation of diluted EPS because they were anti-dilutive 345 334 1,674

Nature of Business and Summar_4

Nature of Business and Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 USD ($) Lessee Entity	Dec. 31, 2021 USD ($) Lessee Entity	Dec. 31, 2020 USD ($) Lessee
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Variable interest entities or voting interest entities existence | Entity	0	0
Foreign currency exchange losses	$ 436,000	$ 195,000	$ 251,000
(Losses) gains due to changes in exchange rates from remeasurement	(855,000)	(524,000)	654,000
Fixed assets	3,654,000	1,585,000
Fixed assets, net of accumulated depreciation	$ 13,711,000	13,296,000
Period of amortization of capitalized implementation costs	7 years
Amortization of capitalized implementation costs	$ 937,000
Minimum likelihood of tax benefits being recognized	50%
Debt issuance cost	$ 4,370,000	27,895,000	13,637,000
Amortization of debt issuance costs	10,001,000	9,723,000	7,712,000
Write-offs of unamortized debt issuance costs and bond discounts	$ 0	$ 4,578,000	$ 8,750,000
Expected forfeiture rate	3.50%	3.40%	3.50%
Investments in marketable equity securities with readily determinable fair values	$ 1,411,000	$ 2,866,000
Unrealized (loss) gain on financial instruments, net	$ (502,000)	$ (589,000)
Lease Rental Income | Customer Concentration Risk
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of lessees who made greater than 10% of lease rental | Lessee	0	0	0
Containers held for sale | Fair Value, Inputs, Level 2
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Assets measured at fair value on non-recurring basis	$ 3,556,000	$ 270,000
Insolvent Customer
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Gain on container recovery		7,577,000	$ 1,644,000
Previously Insolvent Customer
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Container loss recovery		7,986,000
Insurance receivable associated with this insolvent customer		2,106,000
Containers
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Asset impairment charges	0	0	0
Impairment (recovery) charges to write-off containers	1,935,000	2,793,000	0
Gain on container recovery	827,000	7,662,000	1,647,000
Containers for Sale
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Container impairment charges (reversals) to write down value, held for sale, net of reversals	2,325,000	(385,000)	$ 11,094,000
Prepaid Expenses and Other Current Assets
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Capitalized implementation costs	$ 11,641,000	$ 8,767,000
Minimum
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Long term lease period	5 years
Estimated useful lives	3 years
Minimum | Containers
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Sales data analysis period	10 years
Minimum | Operating Leases
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Contracts typical term	5 years
Maximum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Cash and cash equivalents, original maturity period	3 months
Estimated useful lives	7 years

Schedule of Concentration Risk

Schedule of Concentration Risk of Total Lease Rental Income (Detail) - Total Fleet Lease Rental Income - Customer Concentration Risk	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Customer A
Capital Leased Assets [Line Items]
Percentage of lease rental income	24.40%	21%	17.80%
Customer B
Capital Leased Assets [Line Items]
Percentage of lease rental income	11.70%	12.20%	13.10%
Customer C
Capital Leased Assets [Line Items]
Percentage of lease rental income	10.80%	12.10%	9.70%

Estimated Useful Lives and Resi

Estimated Useful Lives and Residual Value of Containers Leasing Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Dry Containers Other Than Open Top And Flat Rack Containers, 20'
Property, Plant and Equipment [Line Items]
Estimated useful lives	13 years	13 years
Estimated residual value	$ 1,000	$ 1,000
Dry Containers Other Than Open Top And Flat Rack Containers, 40'
Property, Plant and Equipment [Line Items]
Estimated useful lives	14 years	14 years
Estimated residual value	$ 1,200	$ 1,200
Dry Containers Other Than Open Top And Flat Rack Containers, 40' High Cube
Property, Plant and Equipment [Line Items]
Estimated useful lives	13 years	13 years
Estimated residual value	$ 1,400	$ 1,400
Dry Containers Other Than Open Top And Flat Rack Containers, 45' High Cube
Property, Plant and Equipment [Line Items]
Estimated useful lives	13 years	13 years
Estimated residual value	$ 1,500	$ 1,500
Refrigerated Containers, 20'
Property, Plant and Equipment [Line Items]
Estimated useful lives	12 years	12 years
Estimated residual value	$ 2,750	$ 2,750
Refrigerated Containers, 20' High Cube
Property, Plant and Equipment [Line Items]
Estimated useful lives	12 years	12 years
Estimated residual value	$ 2,049	$ 2,049
Refrigerated Containers, 40' High Cube
Property, Plant and Equipment [Line Items]
Estimated useful lives	12 years	12 years
Estimated residual value	$ 4,000	$ 4,000
Open Top and Flat Rack Containers, 20' Folding Flat Rack
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years	15 years
Estimated residual value	$ 1,300	$ 1,300
Open Top And Flat Rack Containers, 40' Folding Flat Rack
Property, Plant and Equipment [Line Items]
Estimated useful lives	16 years	16 years
Estimated residual value	$ 1,700	$ 1,700
Open Top And Flat Rack Containers, 20' Open Top
Property, Plant and Equipment [Line Items]
Estimated useful lives	15 years	15 years
Estimated residual value	$ 1,500	$ 1,500
Open Top And Flat Rack Containers, 40' Open Top
Property, Plant and Equipment [Line Items]
Estimated useful lives	14 years	14 years
Estimated residual value	$ 2,500	$ 2,500
Tank containers
Property, Plant and Equipment [Line Items]
Estimated useful lives	20 years	20 years
Estimated residential value, percentage of cost	10%	10%

Schedule of Cost, Accumulated D

Schedule of Cost, Accumulated Depreciation and Net Book Value of the Company's Leasing Equipment by Equipment Type (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Cost	$ 6,394,791	$ 6,583,542
Accumulated Depreciation	(2,029,667)	(1,851,664)
Net Book Value	4,365,124	4,731,878
Dry Containers Other Than Open Top And Flat Rack Containers, 20'
Property, Plant and Equipment [Line Items]
Cost	1,469,668	1,530,464
Accumulated Depreciation	(490,098)	(471,549)
Net Book Value	979,570	1,058,915
Dry Containers Other Than Open Top And Flat Rack Containers, 40'
Property, Plant and Equipment [Line Items]
Cost	121,512	141,292
Accumulated Depreciation	(51,170)	(55,448)
Net Book Value	70,342	85,844
Dry Containers Other Than Open Top And Flat Rack Containers, 40' High Cube
Property, Plant and Equipment [Line Items]
Cost	3,416,785	3,496,469
Accumulated Depreciation	(906,234)	(791,349)
Net Book Value	2,510,551	2,705,120
Dry Containers Other Than Open Top And Flat Rack Containers, 45' High Cube
Property, Plant and Equipment [Line Items]
Cost	24,718	27,354
Accumulated Depreciation	(13,865)	(13,871)
Net Book Value	10,853	13,483
Refrigerated Containers, 20'
Property, Plant and Equipment [Line Items]
Cost	15,537	18,445
Accumulated Depreciation	(8,472)	(8,899)
Net Book Value	7,065	9,546
Refrigerated Containers, 20' High Cube
Property, Plant and Equipment [Line Items]
Cost	116	809
Accumulated Depreciation	(95)	(606)
Net Book Value	21	203
Refrigerated Containers, 40' High Cube
Property, Plant and Equipment [Line Items]
Cost	1,122,563	1,163,149
Accumulated Depreciation	(503,886)	(462,645)
Net Book Value	618,677	700,504
Open Top and Flat Rack Containers, 20' Folding Flat Rack
Property, Plant and Equipment [Line Items]
Cost	15,840	16,206
Accumulated Depreciation	(5,818)	(5,291)
Net Book Value	10,022	10,915
Open Top And Flat Rack Containers, 40' Folding Flat Rack
Property, Plant and Equipment [Line Items]
Cost	46,519	47,739
Accumulated Depreciation	(20,335)	(19,073)
Net Book Value	26,184	28,666
Open Top And Flat Rack Containers, 20' Open Top
Property, Plant and Equipment [Line Items]
Cost	12,731	13,046
Accumulated Depreciation	(2,329)	(2,090)
Net Book Value	10,402	10,956
Open Top And Flat Rack Containers, 40' Open Top
Property, Plant and Equipment [Line Items]
Cost	19,215	21,394
Accumulated Depreciation	(4,774)	(4,827)
Net Book Value	14,441	16,567
Tank containers
Property, Plant and Equipment [Line Items]
Cost	129,587	107,175
Accumulated Depreciation	(22,591)	(16,016)
Net Book Value	$ 106,996	$ 91,159

Net Gain on Sale of Owned Fleet

Net Gain on Sale of Owned Fleet Containers (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) Property	Dec. 31, 2021 USD ($) Property	Dec. 31, 2020 USD ($) Property
Property Plant And Equipment Disclosure [Line Items]
Number of owned fleet containers sold | Property	79,982	53,980	106,348
Gain on sale of owned fleet containers, net | $	$ 76,947	$ 67,229	$ 27,230
Previously written down containers
Property Plant And Equipment Disclosure [Line Items]
Number of owned fleet containers sold | Property	2,765	3,430	51,541
Gain on sale of owned fleet containers, net | $	$ 431	$ 2,165	$ 15,451
Containers not written down
Property Plant And Equipment Disclosure [Line Items]
Number of owned fleet containers sold | Property	77,217	50,550	54,807
Gain on sale of owned fleet containers, net | $	$ 76,516	$ 65,064	$ 11,779

Managed Container Fleet - Addit

Managed Container Fleet - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Managed Containers
Property, Plant and Equipment [Line Items]
Containers, leaseback financial liability	$ 14,841	$ 15,977

Schedule of Company's Leasing E

Schedule of Company's Leasing Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Containers, cost	$ 6,394,791	$ 6,583,542
Containers, accumulated depreciation	(2,029,667)	(1,851,664)
Net Book Value	4,365,124	4,731,878
Containers - Owned Fleet
Property, Plant and Equipment [Line Items]
Containers, cost	6,378,374	6,566,785
Containers, accumulated depreciation	(2,027,743)	(1,850,721)
Net Book Value	4,350,631	4,716,064
Containers - Managed Fleet
Property, Plant and Equipment [Line Items]
Containers, cost	16,417	16,757
Containers, accumulated depreciation	(1,924)	(943)
Net Book Value	$ 14,493	$ 15,814

Summary Income from Managed Fle

Summary Income from Managed Fleet, Including Management Fees Earned from Acquisition Fees and Sales Commissions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation Of Revenue [Line Items]
Lease rental income - managed fleet	$ 810,014	$ 750,730	$ 600,873
Managed Fleet
Disaggregation Of Revenue [Line Items]
Lease rental income - managed fleet	49,635	56,037	62,448
Less: distribution expense to managed fleet container investors	(44,150)	(50,360)	(57,311)
Less: depreciation and interest expense on managed containers purchased on or after January 1, 2019	(1,836)	(1,348)	(730)
Leasing
Disaggregation Of Revenue [Line Items]
Revenue	3,649	4,329	4,407
Other Services
Disaggregation Of Revenue [Line Items]
Revenue	2,812	3,360	5,271
Total Management Fees
Disaggregation Of Revenue [Line Items]
Revenue	$ 6,461	$ 7,689	$ 9,678

Summary of Reconciliation of Ba

Summary of Reconciliation of Balance Sheet Accounts From the Managed Fleet to Total Amount in Condensed Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Reconciliation Of Current Assets And Liabilities [Line Items]
Total accounts receivable, net	$ 114,805	$ 125,746
Total prepaid expenses and other current assets	16,703	14,184
Total accounts payable and accrued expenses	24,160	22,111
Total container contracts payable	6,648	140,968
Owned Fleet
Reconciliation Of Current Assets And Liabilities [Line Items]
Total accounts receivable, net	107,457	118,107
Total prepaid expenses and other current assets	16,614	14,142
Total accounts payable and accrued expenses	22,868	21,736
Total container contracts payable	6,648	140,968
Managed Fleet
Reconciliation Of Current Assets And Liabilities [Line Items]
Total accounts receivable, net	7,348	7,639
Total prepaid expenses and other current assets	89	42
Total accounts payable and accrued expenses	$ 1,292	$ 375

Transactions with Affiliates _3

Transactions with Affiliates and Container Investors - Additional Information (Detail) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Due from affiliates, net	$ 2,758,000	$ 2,376,000
Due to container investors, net	16,132,000	17,985,000
Affiliated Container Investors
Related Party Transaction [Line Items]
Due to container investors, net	$ 0	$ 0

Summary of Due to Container Inv

Summary of Due to Container Investors, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Distributions due to container investors on lease rentals collected, net of container expenses paid and management fees	$ 9,987	$ 10,679
Due to container investors, net	16,132	17,985
Managed Fleet
Related Party Transaction [Line Items]
Accounts receivable	7,348	7,639
Prepaid expenses and other	89	42
Accounts payable and accrued expenses	(1,292)	(375)
Due from to related party	$ 6,145	$ 7,306

Schedule of Lease Rental Income

Schedule of Lease Rental Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Lessor Lease Description [Line Items]
Lease rental income - operating leases	$ 642,896	$ 632,598	$ 527,284
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Lease Rental Income	Lease Rental Income	Lease Rental Income
Interest income on net investment in finance leases	$ 108,359	$ 82,659	$ 30,121
Interest income on container leaseback financing receivable	41,997	21,380	17,243
Variable lease revenue	16,762	14,093	26,225
Total lease rental income	810,014	750,730	600,873
Owned Fleet
Lessor Lease Description [Line Items]
Lease rental income - operating leases	595,202	577,946	469,109
Interest income on net investment in finance leases	108,359	82,659	30,121
Interest income on container leaseback financing receivable	41,997	21,380	17,243
Variable lease revenue	14,821	12,708	21,952
Total lease rental income	760,379	694,693	538,425
Managed Fleet
Lessor Lease Description [Line Items]
Lease rental income - operating leases	47,694	54,652	58,175
Variable lease revenue	1,941	1,385	4,273
Total lease rental income	$ 49,635	$ 56,037	$ 62,448

Leases - Lessor - Additional In

Leases - Lessor - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Lessor Disclosure [Abstract]
Direct financing and sales-type leases, gain (loss)	$ 1,423	$ 2,610	$ (144)

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payments Receivable (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Lessor Lease Description [Line Items]
2023	$ 483,846
2024	412,121
2025	321,902
2026	245,208
2027	181,281
2028 and thereafter	382,092
Total future minimum lease payments receivable	2,026,450
Owned Fleet
Lessor Lease Description [Line Items]
2023	454,913
2024	386,191
2025	300,954
2026	228,995
2027	169,451
2028 and thereafter	374,014
Total future minimum lease payments receivable	1,914,518
Managed Fleet
Lessor Lease Description [Line Items]
2023	28,933
2024	25,930
2025	20,948
2026	16,213
2027	11,830
2028 and thereafter	8,078
Total future minimum lease payments receivable	$ 111,932

Summary of Future Minimum Payme

Summary of Future Minimum Payments Receivable Under Container Leaseback Financing Receivable (Detail) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Lessor Disclosure [Abstract]
Future minimum payments receivable		$ 1,179,515	$ 483,325
Less: unearned income		354,769	(129,065)
Container leaseback financing receivable	[1]	824,746	354,260
Less: Allowance for credit losses		114	(113)
Container leaseback financing receivable, net	[2]	824,632	354,147
Amounts due within one year		53,652	30,317
Amounts due beyond one year		$ 770,980	$ 323,830
[1] One major customer represented 97.4 % and 90.6 % of the Company’s container leaseback financing receivable portfolio as of December 31, 2022 and 2021, respectively. As of December 31, 2022 and 2021, the fair value of container leaseback financing receivable (including the short-term balance) was approximately $ 732,951 and $ 357,828 , respectively, and was measured using Level 2 inputs.

Summary of Future Minimum Pay_2

Summary of Future Minimum Payments Receivable Under Container Leaseback Financing Receivable (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) Customer	Dec. 31, 2021 USD ($) Customer
Lessor Lease Description [Line Items]
Number of customers represent container leaseback financing receivable portfolio | Customer	1	1
Fair value of container leaseback financing receivable | $	$ 732,951	$ 357,828
Customer One
Lessor Lease Description [Line Items]
Percentage of container leaseback financing receivable portfolio	97.40%	90.60%

Components of net Investment in

Components of net Investment in Direct Financing and Sales-Type Leases (Detail) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Future minimum lease payments receivable		$ 2,487,365	$ 2,558,339
Residual value of containers		47,686	16,532
Less: unearned income		(713,736)	(768,038)
Net investment in finance leases	[1]	1,821,315	1,806,833
Less: Allowance for credit losses		(1,279)	(743)
Net investment in finance leases, net	[2]	1,820,036	1,806,090
Amounts due within one year		130,913	113,048
Amounts due beyond one year		$ 1,689,123	$ 1,693,042
[1] One major customer represented 80.8 % and 85.1 % of the Company’s finance lease portfolio as of December 31, 2022 and 2021, respectively. No other customer represented more than 10% of the Company’s finance leases portfolio in each of those periods. As of December 31, 2022 and 2021, the fair value of net investment in finance leases (including the short-term balance) was approximately $ 1,659,155 and $ 1,810,712 , respectively, and was measured using Level 2 inputs.

Components of net Investment _2

Components of net Investment in Direct Financing and Sales-Type Leases (Parenthetical) (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) Customer	Dec. 31, 2021 USD ($) Customer
Capital Leased Assets [Line Items]
Number of customers represent direct financing and sales-type leases portfolio | Customer	1	1
Fair value of net investment in finance leases | $	$ 1,659,155	$ 1,810,712
Customer One
Capital Leased Assets [Line Items]
Percentage of direct financing and sales-type leases portfolio	80.80%	85.10%

Future Minimum Lease Payments R

Future Minimum Lease Payments Receivable under Direct Financing and Sales-type Leases (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Container leaseback financing receivable, 2023	$ 99,927
Container leaseback financing receivable, 2024	95,974
Container leaseback financing receivable, 2025	88,427
Container leaseback financing receivable, 2026	86,942
Container leaseback financing receivable, 2027	86,942
Container leaseback financing receivable, 2028 and thereafter	721,303
Container leaseback financing receivable, Total future minimum lease payments receivable	1,179,515	$ 483,325
Net investment in finance leases, 2023	232,689
Net investment in finance leases, 2024	228,958
Net investment in finance leases, 2025	211,967
Net investment in finance leases, 2026	207,216
Net investment in finance leases, 2027	201,909
Net investment in finance leases, 2028 and thereafter	1,404,626
Net investment in finance leases, Total future minimum lease payments receivable	2,487,365	$ 2,558,339
Future minimum lease payments receivable, 2023	332,616
Future minimum lease payments receivable, 2024	324,932
Future minimum lease payments receivable, 2025	300,394
Future minimum lease payments receivable, 2026	294,158
Future minimum lease payments receivable, 2027	288,851
Future minimum lease payments receivable, 2028 and thereafter	2,125,929
Total future minimum lease payments receivable	$ 3,666,880

Leases - Lessee - Additional In

Leases - Lessee - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Lessee Lease Description [Line Items]
Right-of-use lease assets	$ 7,299	$ 8,988
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating lease liabilities	$ 9,112	$ 11,044
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities
Weighted-average discount rate	4.75%
Weighted-average remaining lease term	3 years

Schedule of Rent Expense and Ot

Schedule of Rent Expense and Other Information Related to Operating Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Lessee Disclosure [Abstract]
Operating lease cost	$ 2,084	$ 2,103	$ 2,103
Short-term and variable lease cost	216	112	128
Total rent expense	2,300	2,215	2,231
Cash paid for amounts included in the measurement of lease liabilities	$ 2,349	$ 2,379	$ 2,221

Minimum Lease Payment under Non

Minimum Lease Payment under Noncancelable Operating Leases (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Lease Liabilities Payments Due [Abstract]
2023	$ 2,334
2024	2,385
2025	2,130
2026	2,179
2027	935
Total minimum lease payments	9,963
Less imputed interest	(851)
Total present value of operating lease liabilities	$ 9,112	$ 11,044
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities

Allowance for Credit Losses - A

Allowance for Credit Losses - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable Allowance For Credit Losses [Line Items]
Accounts receivable, allowance	$ 1,582	$ 1,290
Finance Leases | Accounts Receivable | Credit Concentration Risk
Financing Receivable Allowance For Credit Losses [Line Items]
Concentration risk percentage	88.30%
Container Leaseback Financing Receivable | Accounts Receivable | Credit Concentration Risk
Financing Receivable Allowance For Credit Losses [Line Items]
Concentration risk percentage	97.40%
Billed
Financing Receivable Allowance For Credit Losses [Line Items]
Accounts receivable, allowance	$ 1,582	1,290
Billed | Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Accounts receivable, allowance	586	592
Unbilled | Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Net investment in finance leases, allowance for credit loss	1,279	743
Unbilled | Container Leaseback Financing Receivable
Financing Receivable Allowance For Credit Losses [Line Items]
Container leaseback financing receivable, allowance for credit losses	$ 114	$ 113

Allowance for Credit Losses - S

Allowance for Credit Losses - Summary of Net Investment in Finance Leases and Container Leaseback Financing Receivable (Detail) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Financing Receivable Allowance For Credit Losses [Line Items]
Net investment in finance leases, net	[1]	$ 1,820,036	$ 1,806,090
Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		128,694
2021		901,879
2020		600,777
2019		132,474
2018		47,272
Prior		10,219
Net investment in finance leases, net		1,821,315
Container Leaseback Financing Receivable
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		504,774
2021		15,456
2020		100,662
2019		203,854
Net investment in finance leases, net		824,746
Tier 1 | Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		84,987
2021		818,866
2020		566,132
2019		97,860
2018		31,042
Prior		8,464
Net investment in finance leases, net		1,607,351
Tier 1 | Container Leaseback Financing Receivable
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		504,774
2021		11,435
2020		100,662
2019		186,170
Net investment in finance leases, net		803,041
Tier 2 | Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		33,981
2021		76,583
2020		32,822
2019		28,761
2018		15,899
Prior		1,742
Net investment in finance leases, net		189,788
Tier 2 | Container Leaseback Financing Receivable
Financing Receivable Allowance For Credit Losses [Line Items]
2021		4,021
2019		17,684
Net investment in finance leases, net		21,705
Tier 3 | Finance Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Year Ended December 31, 2022		9,726
2021		6,430
2020		1,823
2019		5,853
2018		331
Prior		13
Net investment in finance leases, net		$ 24,176
[1] As of December 31, 2022 and 2021, the fair value of net investment in finance leases (including the short-term balance) was approximately $ 1,659,155 and $ 1,810,712 , respectively, and was measured using Level 2 inputs.

Component of Income Tax Expense

Component of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current
Bermuda	$ 0	$ 0	$ 0
Foreign	2,087	594	446
Current Income Tax Expense (Benefit), Total	2,087	594	446
Deferred
Bermuda	0	0	0
Foreign	5,452	1,179	(819)
Deferred Income Tax Expense (Benefit), Total	5,452	1,179	(819)
Income tax (expense) benefit	$ 7,539	$ 1,773	$ (374)

Components of Income Before Inc

Components of Income Before Income Taxes and Noncontrolling Interest (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Taxes [Line Items]
Income before income taxes and non controlling interest	[1]	$ 316,963	$ 286,061	$ 73,299
Foreign sources
Income Taxes [Line Items]
Income before income taxes and non controlling interest		$ 316,963	$ 286,061	$ 73,299
[1] Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.

Reconciliation of Differences b

Reconciliation of Differences between Bermuda Statutory Income Tax Rate and Effective Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Bermuda tax rate	0%	0%	0%
Foreign tax rate	1.10%	0.09%	(1.76%)
Tax uncertainties	1.28%	0.53%	1.25%
Income tax (expense) benefit, net	2.38%	0.62%	(0.51%)
Foreign tax rate	$ 3,471	$ 271	$ (1,291)
Tax uncertainties	4,068	1,502	917
Income tax (expense) benefit	$ 7,539	$ 1,773	$ (374)

Components of Income Tax Expens

Components of Income Tax Expense and Effective Tax Rate (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income before income taxes and non controlling interest	[1]	$ 316,963	$ 286,061	$ 73,299
Tax uncertainties		4,068	1,502	917
Stock base compensation		(27)	(622)	(94)
162(m) officers' compensation		459	412	102
Adjustment for prior years		134	(392)	47
Foreign derived intangible income		(455)	(329)	(112)
Valuation allowance			(382)	67
Foreign rate difference		3,415	1,583	(1,333)
Other		(55)	1	32
Foreign taxes rate		3,471	271	(1,291)
Income tax (expense) benefit		$ 7,539	$ 1,773	$ (374)
Tax uncertainties		1.28%	0.53%	1.25%
Stock base compensation		(0.01%)	(0.22%)	(0.13%)
162(m) officers' compensation		0.14%	0.14%	0.14%
Adjustment for prior years		0.04%	(0.14%)	0.06%
Foreign derived intangible income		(0.14%)	(0.12%)	(0.15%)
Valuation allowance			(0.13%)	0.09%
Foreign rate difference		1.08%	0.55%	(1.82%)
Other		(0.02%)	0%	0.04%
Foreign tax rate		1.10%	0.09%	(1.76%)
Income tax (expense) benefit, net		2.38%	0.62%	(0.51%)
[1] Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.

Significant Portions of Deferre

Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities (Detail) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets
Net operating loss carryforwards	$ 16,360,000	$ 17,765,000
Other	(92,000)	1,006,000
Deferred tax assets, gross	16,269,000	18,771,000
Valuation allowance	0	0
Deferred tax assets	16,269,000	18,771,000
Deferred tax liabilities
Containers, net	28,239,000	25,287,000
Deferred tax liabilities	28,239,000	25,287,000
Net deferred tax liabilities	$ 11,970,000	$ 6,516,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Taxes [Line Items]
Valuation allowance	$ 0	$ 0
Estimated net operating loss	$ 472,399,000	430,131,000	$ 221,599,000
Period for cumulative ownership change	3 years
Cumulative earnings undistributed	$ 47,417,000
Taxes payable current and noncurrent	14,225,000
Unrecognized tax benefits	26,148,000	22,152,000	20,575,000
Unrecognized tax benefits, if recognized, would reduce annual effective tax rate	26,074,000
Estimated decrease in unrecognized tax benefits due to expiration of certain statutes of limitations in the next twelve months	1,274,000
Income tax examination interest and penalty expense	69,000	(78,000)	$ (11,000)
Income tax examination total accrued interest and penalties	1,451,000	$ 1,381,000
U.S. Federal
Income Taxes [Line Items]
Net operating loss carry-forwards	69,807,000
Net operating loss carry-forwards without expiration	$ 6,943,000
Minimum
Income Taxes [Line Items]
Cumulative ownership change percentage	50%
Minimum | U.S. Federal
Income Taxes [Line Items]
Net operating loss carry-forward expiration date	Dec. 31, 2032
Maximum | U.S. Federal
Income Taxes [Line Items]
Net operating loss carry-forward expiration date	Dec. 31, 2037

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Unrecognized Tax Benefit Amount (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Beginning Balance	$ 22,152	$ 20,575
Increases related to prior year tax positions		156
Increases related to current year tax positions	5,474	2,878
Decreases related to prior year tax positions	(158)
Lapse of statute of limitations	(1,320)	(1,457)
Ending Balance	$ 26,148	$ 22,152

Debt Obligation (Detail)

Debt Obligation (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long term debt	[1]	$ 5,539,803	$ 5,381,163
Unamortized debt premiums and discounts		(34,884)	(40,643)
Debt, net of unamortized costs		5,504,919	5,340,520
Debt, net of unamortized costs - current		377,898	380,207
Debt, net of unamortized costs - non-current		5,127,021	4,960,313
Amount due within one year		377,898	380,207
Amounts due beyond one year		5,127,021	4,960,313
TL Revolving Credit Facility
Debt Instrument [Line Items]
Long term debt		$ 1,367,858	$ 1,062,858
Weighted average variable interest rate		5.78%	1.60%
Final Maturity		Aug. 31, 2027
TL 2019 Term Loan
Debt Instrument [Line Items]
Long term debt		$ 127,293	$ 138,578
Weighted average variable interest rate		3.50%	3.50%
Final Maturity		Dec. 31, 2026
TL 2021-1 Term loan
Debt Instrument [Line Items]
Long term debt		$ 60,314	$ 65,804
Weighted average variable interest rate		2.65%	2.65%
Final Maturity		Feb. 29, 2028
TL 2021-2 Term Loan
Debt Instrument [Line Items]
Long term debt		$ 192,202	$ 206,635
Weighted average variable interest rate		2.90%	2.90%
Final Maturity		Oct. 31, 2028
TMCL II Secured Debt Facility
Debt Instrument [Line Items]
Long term debt	[2]	$ 1,239,440	$ 1,073,741
Weighted average variable interest rate	[2]	6%	1.75%
Final Maturity	[2]	Nov. 30, 2028
TMCL VII 2020-1 Bonds
Debt Instrument [Line Items]
Long term debt		$ 332,413	$ 388,194
Weighted average variable interest rate		3.06%	3.07%
Final Maturity		Aug. 31, 2045
TMCL VII 2020-2 Bonds
Debt Instrument [Line Items]
Long term debt		$ 476,279	$ 535,690
Weighted average variable interest rate		2.26%	2.26%
Final Maturity		Sep. 30, 2045
TMCL VII 2020-3 Bonds
Debt Instrument [Line Items]
Long term debt		$ 175,750	$ 195,861
Weighted average variable interest rate		2.15%	2.15%
Final Maturity		Sep. 30, 2045
TMCL VII 2021-1 Bonds
Debt Instrument [Line Items]
Long term debt		$ 467,881	$ 513,333
Weighted average variable interest rate		1.72%	1.72%
Final Maturity		Feb. 28, 2046
TMCL VII 2021-2 Bonds
Debt Instrument [Line Items]
Long term debt		$ 564,373	$ 616,469
Weighted average variable interest rate		2.27%	2.27%
Final Maturity		Apr. 30, 2046
TMCL VII 2021-3 Bonds
Debt Instrument [Line Items]
Long term debt		$ 536,000	$ 584,000
Weighted average variable interest rate		1.98%	1.98%
Final Maturity		Aug. 31, 2046
[1] The fair value of total debt based on the borrowing rates available to the Company was approximately $ 5,107,874 and $ 5,320,366 at December 31, 2022 and 2021, respectively, and was measured using Level 2 inputs. Final maturity of the TMCL II Secured Debt Facility is based on the assumption that the facility will not be extended on its scheduled conversion date.

Debt Obligation (Parenthetical)

Debt Obligation (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Fair value of long-term debt	$ 5,107,874	$ 5,320,366

Debt - Summary of Outstanding F

Debt - Summary of Outstanding Fixed-Rate and Floating-Rate Debt (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Balance Outstanding	$ 5,539,803
Contractual Weighted Average Interest Rate	2.87%
Fixed-Rate Debt | Excluding Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 2,932,505
Contractual Weighted Average Interest Rate	2.32%
Fixed-Rate Debt | Including Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 2,932,505
Contractual Weighted Average Interest Rate	2.32%
Floating-Rate Debt | Excluding Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 2,607,298
Contractual Weighted Average Interest Rate	5.88%
Hedged Floating-Rate Debt | Including Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 2,071,125
Contractual Weighted Average Interest Rate	2.88%
Total Fixed and Hedged Debt | Including Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 5,003,630
Contractual Weighted Average Interest Rate	2.55%
Unhedged Floating-Rate Debt | Including Impact of Derivative Instruments
Debt Instrument [Line Items]
Balance Outstanding	$ 536,173
Contractual Weighted Average Interest Rate	5.83%

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)		1 Months Ended	12 Months Ended
		Aug. 31, 2022	Dec. 31, 2022	Jul. 31, 2022
TMCL II Secured Debt Facility
Debt Instrument [Line Items]
Aggregate maximum commitment amount			$ 1,500,000,000
Final Maturity	[1]		Nov. 30, 2028
Debt instrument, conversion date			Nov. 30, 2024
Debt instrument daily SOFR plus spread of payable monthly in arrears			1.60%
TL Revolving Credit Facility
Debt Instrument [Line Items]
Final Maturity			Aug. 31, 2027
TL Revolving Credit Facility | TL
Debt Instrument [Line Items]
Aggregate maximum commitment amount		$ 1,900,000,000	$ 1,900,000,000	$ 1,500,000,000
Final Maturity		Aug. 31, 2027
Debt instrument daily SOFR plus spread of payable monthly in arrears		1.475%
Interest payment terms			The TL Revolving Credit Facility provides for payments of interest only during its term beginning on its inception date through August 2027 when all borrowings are due in full.
TL Revolving Credit Facility | TL | Letter of Credit
Debt Instrument [Line Items]
Aggregate maximum commitment amount on letters of credit facility			$ 25,000,000
TL 2019 Term Loan
Debt Instrument [Line Items]
Aggregate maximum commitment amount			$ 160,000,000
Final Maturity			Dec. 31, 2026
TL 2021-1 Term loan
Debt Instrument [Line Items]
Aggregate maximum commitment amount			$ 70,270,000
Final Maturity			Feb. 29, 2028
TL 2021-2 Term Loan
Debt Instrument [Line Items]
Aggregate maximum commitment amount			$ 209,000,000
Final Maturity			Oct. 31, 2028
TMCL VII 2020-1 Bonds
Debt Instrument [Line Items]
Final Maturity			Aug. 31, 2045
TMCL VII 2020-1 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 380,800,000
TMCL VII 2020-1 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 69,200,000
TMCL VII 2020-2 Bonds
Debt Instrument [Line Items]
Final Maturity			Sep. 30, 2045
TMCL VII 2020-2 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 531,600,000
TMCL VII 2020-2 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 76,200,000
TMCL VII 2020-3 Bonds
Debt Instrument [Line Items]
Final Maturity			Sep. 30, 2045
TMCL VII 2020-3 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 213,000,000
TMCL VII 2020-3 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 8,000,000
TMCL VII 2021-1 Bonds
Debt Instrument [Line Items]
Final Maturity			Feb. 28, 2046
TMCL VII 2021-1 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 523,500,000
TMCL VII 2021-1 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 26,500,000
TMCL VII 2021-2 Bonds
Debt Instrument [Line Items]
Final Maturity			Apr. 30, 2046
TMCL VII 2021-2 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 605,200,000
TMCL VII 2021-2 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 46,000,000
TMCL VII 2021-3 Bonds
Debt Instrument [Line Items]
Final Maturity			Aug. 31, 2046
TMCL VII 2021-3 Bonds | Class A Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 548,800,000
TMCL VII 2021-3 Bonds | Class B Secured Debt Facility
Debt Instrument [Line Items]
Bonds issued			$ 51,200,000
[1] Final maturity of the TMCL II Secured Debt Facility is based on the assumption that the facility will not be extended on its scheduled conversion date.

Estimated Future Scheduled Repa

Estimated Future Scheduled Repayments (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
2023	$ 385,836	[1]
2024	425,803	[1]
2025	549,709	[1]
2026	621,923	[1]
2027	1,517,127	[1]
2028 and thereafter	2,039,405	[1]
Total Borrowing	5,539,803	[1]
Available Borrowing, as Limited by the Borrowing Base	307,725	[1]
Current and Available Borrowing, as limited by the Borrowing Base	5,847,528	[1]
TL Revolving Credit Facility
Debt Instrument [Line Items]
2025	121,409
2026	131,386
2027	1,115,063
Total Borrowing	1,367,858
Available Borrowing, as Limited by the Borrowing Base	272,748
Current and Available Borrowing, as limited by the Borrowing Base	1,640,606
TL 2019 Term Loan
Debt Instrument [Line Items]
2023	11,687
2024	12,102
2025	12,532
2026	90,972
Total Borrowing	127,293
Current and Available Borrowing, as limited by the Borrowing Base	127,293
TL 2021-1 Term loan
Debt Instrument [Line Items]
2023	5,637
2024	5,789
2025	5,944
2026	6,103
2027	6,267
2028 and thereafter	30,574
Total Borrowing	60,314
Current and Available Borrowing, as limited by the Borrowing Base	60,314
TL 2021-2 Term Loan
Debt Instrument [Line Items]
2023	14,858
2024	15,294
2025	15,743
2026	16,205
2027	16,681
2028 and thereafter	113,421
Total Borrowing	192,202
Current and Available Borrowing, as limited by the Borrowing Base	192,202
TMCL II Secured Debt Facility
Debt Instrument [Line Items]
2023	64,792	[2]
2024	100,446	[2]
2025	102,631	[2]
2026	92,825	[2]
2027	83,957	[2]
2028 and thereafter	794,789	[2]
Total Borrowing	1,239,440	[2]
Available Borrowing, as Limited by the Borrowing Base	34,977	[2]
Current and Available Borrowing, as limited by the Borrowing Base	1,274,417	[2]
TMCL VII 2020-1 Bonds
Debt Instrument [Line Items]
2023	57,816	[3]
2024	58,560	[3]
2025	57,552	[3]
2026	51,869	[3]
2027	57,117	[3]
2028 and thereafter	49,499	[3]
Total Borrowing	332,413	[3]
Current and Available Borrowing, as limited by the Borrowing Base	332,413	[3]
TMCL VII 2020-2 Bonds
Debt Instrument [Line Items]
2023	66,975	[3]
2024	69,541	[3]
2025	69,827	[3]
2026	68,492	[3]
2027	73,971	[3]
2028 and thereafter	127,473	[3]
Total Borrowing	476,279	[3]
Current and Available Borrowing, as limited by the Borrowing Base	476,279	[3]
TMCL VII 2020-3 Bonds
Debt Instrument [Line Items]
2023	20,111	[3]
2024	20,111	[3]
2025	20,111	[3]
2026	20,111	[3]
2027	20,111	[3]
2028 and thereafter	75,195	[3]
Total Borrowing	175,750	[3]
Current and Available Borrowing, as limited by the Borrowing Base	175,750	[3]
TMCL VII 2021-1 Bonds
Debt Instrument [Line Items]
2023	43,864	[3]
2024	43,864	[3]
2025	43,864	[3]
2026	43,864	[3]
2027	43,864	[3]
2028 and thereafter	248,561	[3]
Total Borrowing	467,881	[3]
Current and Available Borrowing, as limited by the Borrowing Base	467,881	[3]
TMCL VII 2021-2 Bonds
Debt Instrument [Line Items]
2023	52,096	[3]
2024	52,096	[3]
2025	52,096	[3]
2026	52,096	[3]
2027	52,096	[3]
2028 and thereafter	303,893	[3]
Total Borrowing	564,373	[3]
Current and Available Borrowing, as limited by the Borrowing Base	564,373	[3]
TMCL VII 2021-3 Bonds
Debt Instrument [Line Items]
2023	48,000	[3]
2024	48,000	[3]
2025	48,000	[3]
2026	48,000	[3]
2027	48,000	[3]
2028 and thereafter	296,000	[3]
Total Borrowing	536,000	[3]
Current and Available Borrowing, as limited by the Borrowing Base	$ 536,000	[3]
[1] Future scheduled payments for all debts exclude prepaid debt issuance costs in an aggregate amount of $ 34,399 . The estimated future scheduled repayments for TMCL II Secured Debt Facility are based on the assumption that the facility will not be extended on its associated conversion date. Future scheduled payments for all bonds payable exclude unamortized discounts in an aggregate amount of $ 485 .

Estimated Future Scheduled Re_2

Estimated Future Scheduled Repayments (Parenthetical) (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Debt Disclosure [Abstract]
Bonds payable exclude an unamortized discount	$ 485
Prepaid debt issuance costs	$ 34,399

Summary of Derivative Instrumen

Summary of Derivative Instruments (Detail) - Designated as Hedging Instrument $ in Thousands	Dec. 31, 2022 USD ($)
Interest rate swaps
Derivative [Line Items]
Notional amounts	$ 2,171,125
Interest rate swaps | Amortizing | SOFR
Derivative [Line Items]
Notional amounts	2,071,125
Interest Rate Cap | Non Amortizing | SOFR
Derivative [Line Items]
Notional amounts	$ 100,000

Summary of Derivative Instrum_2

Summary of Derivative Instruments (Parenthetical) (Detail) - Designated as Hedging Instrument - SOFR - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2022	Dec. 31, 2022
Interest rate swaps
Derivative [Line Items]
Derivative term		November 30, 2032
Fixed interest rate on derivative contracts	1.96%
Interest rate swaps | Forward contract
Derivative [Line Items]
Derivative term	February 28, 2034
Initial notional amount	$ 100,000
Interest rate swaps | Minimum
Derivative [Line Items]
Fixed interest rate on derivative contracts		0.02%
Interest rate swaps | Maximum [Member]
Derivative [Line Items]
Fixed interest rate on derivative contracts		3.84%
Interest Rate Cap
Derivative [Line Items]
Derivative term		March 31, 2023
Fixed cap rate on derivative contracts		6.33%

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - Interest rate swaps - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Designated as Hedging Instrument
Derivative [Line Items]
Estimated amount to be reclassified from AOCI to interest expense	$ 55,087
Not designated as hedges
Derivative [Line Items]
Total notional amount		$ 508,250
Accrued interest		$ 14,552

Summary of Fair Value of Deriva

Summary of Fair Value of Derivative Instruments on Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument, Fair Value Disclosure [Abstract]
Assets (liabilities), net, Beginning Balances	$ 10,139	$ (29,188)
Change in derivative instruments designated as cash flow hedges	151,814	10,986	$ (12,307)
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges	(12,709)	8,771	2,806
Unrealized gain on derivative instruments not designated as cash flow hedges		5,220
Cash settlements on early termination on interest rate swaps not designated as cash flow hedges		14,350
Assets (liabilities), net Ending Balances	$ 149,244	$ 10,139	$ (29,188)

Summary of Pre-tax Impact of De

Summary of Pre-tax Impact of Derivative Instruments on Consolidated Statements of Operations and Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments Gain Loss [Line Items]
Pre-tax impact of derivative instruments	$ (91)	$ (5,634)	$ (12,295)
Realized loss on financial instruments, net | Non-designated
Derivative Instruments Gain Loss [Line Items]
Pre-tax impact of derivative instruments		(5,408)	(12,295)
Unrealized gain (loss) on financial instruments, net | Non-designated
Derivative Instruments Gain Loss [Line Items]
Pre-tax impact of derivative instruments		5,220	(6,044)
Other comprehensive income (loss) | Designated
Derivative Instruments Gain Loss [Line Items]
Pre-tax impact of derivative instruments	151,814	10,986	(12,307)
Interest income (expense) | Designated
Derivative Instruments Gain Loss [Line Items]
Pre-tax impact of derivative instruments	$ 12,709	$ (8,771)	$ (2,806)

Segment Information - Additiona

Segment Information - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 Segment
Segment Reporting [Abstract]
Number of reportable segments	3

Summary of Segment Information

Summary of Segment Information (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total lease rental income		$ 810,014	$ 750,730	$ 600,873
Trading container margin		1,852	10,760	3,532
Gain on sale of owned fleet containers, net		76,947	67,229	27,230
Depreciation and amortization	[1]	292,828	284,115	264,237
Container lessee default expense, net		1,179
Container lessee default recovery, net			1,088	1,675
Interest expense		157,249	127,269	123,230
Debt termination expense			15,209	8,750
Realized loss on financial instruments, net		91	5,634	12,295
Unrealized gain (loss) on financial instruments, net		502	4,409	(6,044)
Income before income taxes and non controlling interest	[2]	316,963	286,061	73,299
Income tax (expense) benefit		(7,539)	(1,773)	374
Total assets		7,613,234	7,367,444	5,741,376
Purchase of containers and fixed assets		272,001	1,993,140	968,398
Payments on container leaseback financing receivable		533,867	18,705	116,263
Container Ownership
Segment Reporting Information [Line Items]
Total lease rental income		756,980	694,045	537,534
Gain on sale of owned fleet containers, net		76,751	67,229	27,230
Depreciation and amortization		298,737	289,610	268,401
Container lessee default expense, net		1,179
Container lessee default recovery, net			1,088	1,675
Interest expense		156,396	126,628	122,863
Debt termination expense		0	15,209	8,750
Realized loss on financial instruments, net			5,408	12,295
Unrealized gain (loss) on financial instruments, net		0	5,220	(6,044)
Income before income taxes and non controlling interest	[2]	266,224	239,857	41,831
Income tax (expense) benefit		(6,922)	1,404	1,088
Total assets		7,562,913	7,269,451	5,641,866
Purchase of containers and fixed assets		269,418	1,991,898	968,204
Payments on container leaseback financing receivable		533,867	18,705	116,263
Container Management
Segment Reporting Information [Line Items]
Total lease rental income		50,304	56,685	63,339
Depreciation and amortization		1,676	3,650	3,511
Interest expense		853	641	367
Realized loss on financial instruments, net		91	226
Unrealized gain (loss) on financial instruments, net		502	(811)
Income before income taxes and non controlling interest	[2]	39,938	46,706	23,641
Income tax (expense) benefit		(617)	369	(714)
Total assets		197,368	230,810	180,933
Purchase of containers and fixed assets		2,583	1,242	194
Container Resale
Segment Reporting Information [Line Items]
Trading container margin		1,852	10,760	3,532
Income before income taxes and non controlling interest	[2]	16,666	19,166	16,433
Total assets		6,464	15,819	12,050
Other
Segment Reporting Information [Line Items]
Income before income taxes and non controlling interest	[2]	(6,802)	(4,845)	(3,254)
Total assets		7,539	12,644	13,691
Management Fees - Non-Leasing
Segment Reporting Information [Line Items]
Revenue		2,812	3,360	5,271
Management Fees - Non-Leasing | External Customers
Segment Reporting Information [Line Items]
Revenue		2,812	3,360	5,271
Management Fees - Non-Leasing | Container Ownership | External Customers
Segment Reporting Information [Line Items]
Revenue				392
Management Fees - Non-Leasing | Container Management
Segment Reporting Information [Line Items]
Revenue		75,116	83,074	54,899
Management Fees - Non-Leasing | Container Management | External Customers
Segment Reporting Information [Line Items]
Revenue		223	373	129
Management Fees - Non-Leasing | Container Resale
Segment Reporting Information [Line Items]
Revenue		15,411	9,954	12,575
Management Fees - Non-Leasing | Container Resale | External Customers
Segment Reporting Information [Line Items]
Revenue		2,589	2,987	4,750
Eliminations
Segment Reporting Information [Line Items]
Total lease rental income		2,730
Gain on sale of owned fleet containers, net		196
Depreciation and amortization		(7,585)	(9,145)	(7,675)
Income before income taxes and non controlling interest	[2]	937	(14,823)	(5,352)
Income tax (expense) benefit				0
Total assets		(161,050)	(161,280)	(107,164)
Eliminations | Management Fees - Non-Leasing
Segment Reporting Information [Line Items]
Revenue		$ (90,527)	$ (93,028)	$ (67,474)
[1] Amounts for the years ended December 31, 2021 and 2020 have been reclassified to conform with the 2022 presentation (see Note 1 (u) “Reclassifications and Changes in Presentation”). Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.

Summary of Segment Informatio_2

Summary of Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Unrealized gain (loss) on financial instruments, net	$ 502	$ 4,409	$ (6,044)
Debt termination expense		15,209	8,750
Container Ownership
Segment Reporting Information [Line Items]
Unrealized gain (loss) on financial instruments, net	0	5,220	(6,044)
Debt termination expense	$ 0	$ 15,209	$ 8,750

Segment Information Geographic

Segment Information Geographic Allocation of Lease Rental Income and Management Fees (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total lease rental income	$ 810,014	$ 750,730	$ 600,873
Asia
Segment Reporting Information [Line Items]
Total lease rental income	395,093	373,614	302,709
Europe
Segment Reporting Information [Line Items]
Total lease rental income	379,790	343,351	266,431
North / South America
Segment Reporting Information [Line Items]
Total lease rental income	34,343	32,296	29,391
All other international
Segment Reporting Information [Line Items]
Total lease rental income	788	1,469	2,342
Total Management Fees
Segment Reporting Information [Line Items]
Revenue	6,461	7,689	9,678
Total Management Fees | Non Leasing From External Customers
Segment Reporting Information [Line Items]
Revenue	2,812	3,360	5,271
Total Management Fees | Non Leasing From External Customers | Asia
Segment Reporting Information [Line Items]
Revenue		45	11
Total Management Fees | Non Leasing From External Customers | Bermuda
Segment Reporting Information [Line Items]
Revenue	1,187	1,699	2,797
Total Management Fees | Non Leasing From External Customers | Europe
Segment Reporting Information [Line Items]
Revenue	1,523	1,530	2,397
Total Management Fees | Non Leasing From External Customers | North / South America
Segment Reporting Information [Line Items]
Revenue	63	23	9
Total Management Fees | Non Leasing From External Customers | All other international
Segment Reporting Information [Line Items]
Revenue	$ 39	$ 63	$ 57

Segment Information Geographi_2

Segment Information Geographic Allocation of Trading Container Sales Proceeds and Gains on Sale of Owned Fleet Containers Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Gain on sale of owned fleet containers, net	$ 76,947	$ 67,229	$ 27,230
Trading Containers
Segment Reporting Information [Line Items]
Revenue	23,791	32,045	31,941
Asia
Segment Reporting Information [Line Items]
Gain on sale of owned fleet containers, net	48,767	46,328	13,082
Asia | Trading Containers
Segment Reporting Information [Line Items]
Revenue	10,517	14,317	14,896
Europe
Segment Reporting Information [Line Items]
Gain on sale of owned fleet containers, net	10,863	10,516	5,538
Europe | Trading Containers
Segment Reporting Information [Line Items]
Revenue	1,821	5,321	3,991
North / South America
Segment Reporting Information [Line Items]
Gain on sale of owned fleet containers, net	17,317	10,385	8,610
North / South America | Trading Containers
Segment Reporting Information [Line Items]
Revenue	$ 11,453	12,404	13,045
All other international | Trading Containers
Segment Reporting Information [Line Items]
Revenue		$ 3	$ 9

Commitments and Contingencies -

Commitments and Contingencies - Summary of Restricted Cash (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Restricted Cash And Cash Equivalents Items [Line Items]
Total restricted cash	$ 102,591	$ 76,362
Other Restricted Cash Accounts
Restricted Cash And Cash Equivalents Items [Line Items]
Total restricted cash	76,656	60,073
Trust Accounts
Restricted Cash And Cash Equivalents Items [Line Items]
Total restricted cash	$ 25,935	$ 16,289

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Detail)	Dec. 31, 2022 USD ($)
Commitments And Contingencies Disclosure [Line Items]
Containers orders placed	$ 3,800,000
Future minimum lease payment obligations	9,963,000
Fleet Management Agreements
Commitments And Contingencies Disclosure [Line Items]
Future minimum lease payment obligations	$ 0

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 7,728,000	$ 6,699,000	$ 4,723,000
Options vest increments per year	25%
Total Compensation cost related to non-vested share options and restricted stock unit not yet recognized	$ 157,000
Total compensation cost related to non-vested shares and restricted stock to be recognized over weighted average period	1 year
Closing common share price	$ 31.01
Aggregate intrinsic value of all options exercisable and outstanding	$ 8,923,000
Aggregate intrinsic value of all options exercised	$ 3,044,000	5,513,000	710,000
Weighted average contractual life of share options exercisable	4 years 1 month 24 days
Weighted average contractual life of share options outstanding	4 years 4 months 6 days
Assumed dividend	$ 0
Risk free interest rate maturity period	3 years
Stock Options And Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 7,728,000	6,699,000	$ 4,723,000
RSU | Employees | Prior to 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vest increments per year	25%
Vesting period	4 years
RSU | Employees | During 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vest increments per year	33.33%
Vesting period	3 years
RSU | Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
PSU | Certain Executive
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years
Time-based RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Compensation cost related to non-vested share options and restricted stock unit not yet recognized	$ 14,194,000
Total compensation cost related to non-vested shares and restricted stock to be recognized over weighted average period	1 year 8 months 12 days
Market-based RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Compensation cost related to non-vested share options and restricted stock unit not yet recognized	$ 14,194,000
Total compensation cost related to non-vested shares and restricted stock to be recognized over weighted average period	1 year 8 months 12 days
General and Administrative Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 7,353,000	$ 6,470,000	$ 4,257,000
2019 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,817,502
2019 Plan | PSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Summary of Activity of Share Op

Summary of Activity of Share Options in Two Thousand Nineteen Plan (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share options (common share equivalents)
Beginning Balance	992,795	1,529,026	1,807,665
Options exercised during the period	(236,878)	(477,103)	(113,960)
Options expired during the period	(6,220)	(40,000)	(130,711)
Options forfeited during the period		(19,128)	(33,968)
Ending Balance	749,697	992,795	1,529,026
Options exercisable at period end	695,515
Options vested and expected to vest at period end	747,952
Weighted average exercise price
Beginning Balance	$ 20.02	$ 19.90	$ 19.76
Options exercised during the period	23.16	18.95	11.36
Options expired during the period	34.81	32.70	26.14
Options forfeited during the period		10.74	12.40
Ending Balance	18.91	$ 20.02	$ 19.90
Options exercisable at period end	19.67
Options vested and expected to vest at period end	$ 18.93

Summary of Activity of RSU and

Summary of Activity of RSU and PSU Awards Under the 2019 Plan (Detail) - 2019 Plan - $ / shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
RSU and PSU
Beginning Balance		625,250	721,901	657,620
Share units granted		282,984	207,790	384,428
Share units vested		(202,694)	(285,688)	(300,404)
Share units forfeited		(1,239)	(18,753)	(19,743)
Ending Balance		704,301	625,250	721,901
Total share units outstanding and expected to vest at period end		668,146
RSU
RSU and PSU
Beginning Balance		343,860	538,341	657,620
Share units granted		137,969	102,956	200,868
Share units vested		(202,694)	(278,684)	(300,404)
Share units forfeited		(1,239)	(18,753)	(19,743)
Ending Balance		277,896	343,860	538,341
PSU
RSU and PSU
Beginning Balance	[1]	281,390	183,560
Share units granted	[1]	145,015	104,834	183,560
Share units vested	[1]		(7,004)
Ending Balance	[1]	426,405	281,390	183,560
RSU and PSU
Weighted average grant date fair value
Beginning Balance		$ 25.37	$ 14.55	$ 11.95
Share units granted		34.86	44.62	16.96
Share units vested		16.85	12.32	12.08
Share units forfeited		35.30	12.70	12.62
Ending Balance		31.62	$ 25.37	$ 14.55
Total share units outstanding and expected to vest at December 31, 2022		$ 31.37
[1] The grant date fair value of PSU awards granted during 2022, 2021 and 2020 were $ 42.36 per share, $ 55.85 per share and $ 22.06 per share, respectively. On the settlement date for each measurement period of market-based awards, grantees may receive shares equal to 0 % to 200 % of the awards granted depending upon the achievement of certain market criteria based on the Company’s TSR relative to the peer group during the three-year performance period.

Summary of Activity of RSU an_2

Summary of Activity of RSU and PSU Awards Under the 2019 Plan (Parenthetical) (Detail) - 2019 Plan - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share units granted	282,984	207,790	384,428
PSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value	$ 42.36	$ 55.85	$ 22.06
Vesting period	3 years
PSU | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares on settlement date grantee may receive if certain criteria is met	0%
PSU | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares on settlement date grantee may receive if certain criteria is met	200%

Fair Value of Stock Option_PSU

Fair Value of Stock Option/PSU Awards Granted Assumptions Used (Detail) - PSU	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement Assumptions Used To Estimate Fair Values Of Share Options Granted [Line Items]
Risk-free interest rates	4.12%	0.54%	0.16%
Expected common share price volatilities	57.40%	59.80%	57.40%

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity Class Of Treasury Stock [Line Items]
Increase in common stock repurchase program, authorized amount	$ 250,000,000	$ 100,000,000	$ 75,000,000
Purchase of treasury shares (in shares)	5,636,772	2,426,725
Common stock repurchased, average price per share	$ 31.77	$ 29.76
Purchase of treasury shares	$ 179,092,000	$ 72,220,000	$ 68,493,000
Common stock repurchased program, amount remained available for repurchases	$ 122,480,000
Redemption description	Each Series of preferred shares may be redeemed at the Company’s option, at any time after approximately five years from original issuance, for cash at a redemption price of $25.00 per depositary share plus an amount equal to all accumulated and unpaid dividends, whether or not declared.
Redemption price per depositary share	$ 25
Preferred stock, liquidation preference per share	$ 25,000	$ 25,000
Cumulative unpaid preferred dividends	$ 854,000
Common stock, dividends, per share, declared	$ 0.25	$ 0.25
Aggregate Payment	$ 46,235,000	$ 12,285,000
Payment Date		Dec. 15, 2021
Maximum
Equity Class Of Treasury Stock [Line Items]
Common stock repurchased program, authorized amount				$ 25,000,000

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Preferred Share Issuances (Detail) - USD ($) $ in Thousands		1 Months Ended		12 Months Ended
		Aug. 31, 2021	Apr. 30, 2021	Dec. 31, 2022
Class Of Stock [Line Items]
Number of Depositary Shares Issued and Outstanding	[1]			12,000,000
Liquidation Preference				$ 300,000
Underwriting Discounts				10,420
Net Proceeds				$ 289,580
Series A Preferred Shares
Class Of Stock [Line Items]
Date of Issuance	[2]		2021-04
Number of Depositary Shares Issued and Outstanding	[1],[2]		6,000,000
Liquidation Preference	[2]		$ 150,000
Underwriting Discounts	[2]		5,292
Net Proceeds	[2]		$ 144,708
Series B Preferred Shares
Class Of Stock [Line Items]
Date of Issuance	[3]	2021-08
Number of Depositary Shares Issued and Outstanding	[1],[3]	6,000,000
Liquidation Preference	[3]	$ 150,000
Underwriting Discounts	[3]	5,128
Net Proceeds	[3]	$ 144,872
[1] Each depositary share representing a 1/1,000 th interest in a preferred share, $ 25,000 liquidation preference per share (equivalent to $ 25.00 per depositary share). Series A have no maturity date and are redeemable from June 15, 2026 (the “first reset date”) by the Company. Series B have no maturity date and are redeemable from December 15, 2026 by the Company.

Shareholders' Equity - Summar_2

Shareholders' Equity - Summary of Preferred Share Issuances (Parenthetical) (Detail) - $ / shares	1 Months Ended		12 Months Ended
	Aug. 31, 2021	Apr. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Class Of Stock [Line Items]
Preferred stock, liquidation preference per share			$ 25,000	$ 25,000
Depositary per share equivalent to liquidation preference per share			$ 25	$ 25
Series A Preferred Shares
Class Of Stock [Line Items]
Cumulative redeemable perpetual preference shares		7%
Preferred Shares Redeemable Date		Jun. 15, 2026
Series B Preferred Shares
Class Of Stock [Line Items]
Cumulative redeemable perpetual preference shares	6.25%
Preferred Shares Redeemable Date	Dec. 15, 2026

Shareholders' Equity - Summar_3

Shareholders' Equity - Summary of Company's Board of Directors Approved and Declared Quarterly Preferred Cash Dividends (Detail) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended			12 Months Ended
		Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2022		Dec. 31, 2021
Class Of Stock [Line Items]
Aggregate Payment					$ 19,875		$ 9,975
Series A Preferred Shares
Class Of Stock [Line Items]
Aggregate Payment					$ 10,500		$ 7,058
Per Depositary Share Payment		$ 0.44	$ 0.44	$ 0.30	$ 0.44	[1]	$ 0.44	[1],[2]
Series B Preferred Shares
Class Of Stock [Line Items]
Aggregate Payment					$ 9,375		$ 2,917
Per Depositary Share Payment	[1]				$ 0.39		$ 0.49	[2]
[1] Rounded to the nearest whole cent. In June 2021, September 2021, and December 2021, the dividend declared per depositary share on Series A were $ 0.30 , $ 0.44 , and $ 0.44 , respectively.

Shareholders' Equity - Summar_4

Shareholders' Equity - Summary of Company's Board of Directors Approved and Declared Quarterly Preferred Cash Dividends (Parenthetical) (Detail) - $ / shares	1 Months Ended			12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2022		Dec. 31, 2021
Series A Preferred Shares
Class Of Stock [Line Items]
Dividends declared per depositary share	$ 0.44	$ 0.44	$ 0.30	$ 0.44	[1]	$ 0.44	[1],[2]
[1] Rounded to the nearest whole cent. In June 2021, September 2021, and December 2021, the dividend declared per depositary share on Series A were $ 0.30 , $ 0.44 , and $ 0.44 , respectively.

Reconciliation of Numerator and

Reconciliation of Numerator and Denominator of Basic Earnings per Share ("EPS") with that of Diluted EPS (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Net income attributable to common shareholders	$ 289,549	$ 273,459	$ 72,822
Denominator:
Weighted average common shares outstanding-- basic	46,471	49,624	53,271
Dilutive share options, RSU and PSU	828	952	210
Weighted average common shares outstanding-- diluted	47,299	50,576	53,481
Net income attributable to common shareholders per common share
Basic	$ 6.23	$ 5.51	$ 1.37
Diluted	$ 6.12	$ 5.41	$ 1.36
Share options, RSU and PSU excluded from the computation of diluted EPS because they were anti-dilutive	345	334	1,674

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Common stock, dividends, per share, declared		$ 0.25	$ 0.25
Payment Date			Dec. 15, 2021
Subsequent Event
Subsequent Event [Line Items]
Common stock, dividends, per share, declared	$ 0.30
Payment Date	Mar. 15, 2023
Subsequent Event | Series A Preferred Shares
Subsequent Event [Line Items]
Preferred cash dividend per depositary share	$ 0.44
Aggregate Payment	$ 2,625
Subsequent Event | Series B Preferred Shares
Subsequent Event [Line Items]
Preferred cash dividend per depositary share	$ 0.39
Aggregate Payment	$ 2,344

Condensed Statements of Compreh

Condensed Statements of Comprehensive Income (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating expenses:
General and administrative expense		$ 48,349	$ 46,462	$ 41,880
Loss from operations		472,399	430,131	221,599
Other income:
Other, net		2,406	(367)	2,019
Net other expense		(155,436)	(144,070)	(148,300)
Income before income taxes	[1]	316,963	286,061	73,299
Income tax (expense) benefit		(7,539)	(1,773)	374
Net income		309,424	284,288	$ 73,673
Less: Dividends on preferred shares		$ 19,875	$ 10,829
Net income attributable to common shareholders per share:
Basic		$ 6.23	$ 5.51	$ 1.37
Diluted		$ 6.12	$ 5.41	$ 1.36
Weighted average shares outstanding (in thousands):
Basic		46,471	49,624	53,271
Diluted		47,299	50,576	53,481
Other comprehensive income (loss), before tax:
Change in derivative instruments designated as cash flow hedges		$ 151,814	$ 10,986	$ (12,307)
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges		12,709	(8,771)	(2,806)
Income tax (expense) benefit related to items of other comprehensive income		(1,380)	(184)	91
Comprehensive income, after tax		447,024	303,782	64,440
Less: Dividends on preferred share		19,875	10,829
Comprehensive income attributable to common shareholders		427,149	292,953	63,589
Parent Company
Operating expenses:
General and administrative expense		6,047	4,519	3,988
Total operating expenses		6,047	4,519	3,988
Loss from operations		(6,047)	(4,519)	(3,988)
Other income:
Equity in net income of subsidiaries		316,226	289,133	76,076
Other, net		(755)	(326)	734
Net other expense		315,471	288,807	76,810
Income before income taxes		309,424	284,288	72,822
Net income		309,424	284,288	72,822
Less: Dividends on preferred shares		19,875	10,829
Net income		$ 289,549	$ 273,459	$ 72,822
Net income attributable to common shareholders per share:
Basic		$ 6.23	$ 5.51	$ 1.37
Diluted		$ 6.12	$ 5.41	$ 1.36
Weighted average shares outstanding (in thousands):
Basic		46,471	49,624	53,271
Diluted		47,299	50,576	53,481
Other comprehensive income (loss), before tax:
Change in derivative instruments designated as cash flow hedges		$ 151,814	$ 10,986	$ (12,307)
Reclassification of realized (gain) loss on derivative instruments designated as cash flow hedges		12,709	8,771	2,806
Foreign currency translation adjustments		(125)	(79)	177
Comprehensive income, before tax		448,404	303,966	63,498
Income tax (expense) benefit related to items of other comprehensive income		(1,380)	(184)	91
Comprehensive income, after tax		447,024	303,782	63,589
Less: Dividends on preferred share		19,875	10,829
Comprehensive income attributable to common shareholders		$ 427,149	$ 292,953	$ 63,589
[1] Container Ownership segment income (loss) before income taxes includes unrealized gain (loss) on financial instruments, net of $ 0 , $ 5,220 and $( 6,044 ) for the years ended December 31, 2022, 2021 and 2020, respectively, and debt termination expense of $ 0 , $ 15,209 and $ 8,750 for the years ended December 31, 2022, 2021 and 2020, respectively.

Condensed Balance Sheets (Detai

Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 164,818	$ 206,210
Prepaid expenses and other current assets	16,703	14,184
Total current assets	521,545	511,628
Restricted cash	102,591	76,362
Total assets	7,613,234	7,367,444	$ 5,741,376
Current liabilities:
Accounts payable and accrued expenses	24,160	22,111
Shareholders’ equity:
Preferred shares	300,000	300,000
Common shares	599	595
Treasury shares	(337,551)	(158,459)
Additional paid-in capital	442,154	428,945
Accumulated other comprehensive income	147,350	9,750
Retained earnings	1,443,737	1,200,423
Total liabilities and shareholders' equity	7,613,234	7,367,444
Parent Company
Current assets:
Cash and cash equivalents	6,012	10,696
Prepaid expenses and other current assets	374	378
Due from affiliates, net	774	2,231
Total current assets	7,160	13,305
Restricted cash	95
Investments in subsidiaries	1,989,605	1,768,779
Total assets	1,996,860	1,782,084
Current liabilities:
Accounts payable and accrued expenses	571	830
Shareholders’ equity:
Preferred shares	300,000	300,000
Common shares	599	595
Treasury shares	(337,551)	(158,459)
Additional paid-in capital	442,154	428,945
Accumulated other comprehensive income	147,350	9,750
Retained earnings	1,443,737	1,200,423
Total shareholders' equity	1,996,289	1,781,254
Total liabilities and shareholders' equity	$ 1,996,860	$ 1,782,084

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income	$ 309,424	$ 284,288	$ 73,673
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based compensation expense	7,728	6,699	4,723
Decrease (increase) in:
Prepaid expenses and other current assets	(2,519)	(2,577)	1,103
Increase (decrease) in:
Accounts payable and accrued expenses	2,049	(2,350)	981
Total adjustments	443,095	327,495	322,582
Net cash provided by operating activities	752,519	611,783	396,255
Cash flows from investing activities:
Net cash used in investing activities	(681,311)	(1,930,129)	(689,902)
Cash flows from financing activities:
Issuance of preferred shares, net of underwriting discount		290,550
Purchase of treasury shares	(179,092)	(72,220)	(68,493)
Issuance of common shares upon exercise of share options	5,485	9,043	1,295
Dividends paid on common shares	(46,235)	(12,285)
Dividends paid on preferred shares	(19,875)	(9,975)
Other		(970)
Net cash (used in) provided by financing activities	(86,246)	1,395,832	220,730
Effect of exchange rate changes	(125)	(79)	177
Net change in cash, cash equivalents and restricted cash	(15,163)	77,407	(72,740)
Cash, cash equivalents and restricted cash, beginning of the year	282,572	205,165	277,905
Cash, cash equivalents and restricted cash, end of the year	267,409	282,572	205,165
Parent Company
Cash flows from operating activities:
Net income	309,424	284,288	72,822
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in net income of subsidiaries	(316,226)	(289,133)	(76,076)
Dividends received from subsidiaries	233,000	61,000	76,167
Share-based compensation expense	7,728	6,699	4,723
Decrease (increase) in:
Prepaid expenses and other current assets	4	(42)	(26)
Increase (decrease) in:
Accounts payable and accrued expenses	(259)	436	(82)
Total adjustments	(75,753)	(221,040)	4,706
Net cash provided by operating activities	233,671	63,248	77,528
Cash flows from investing activities:
Investments in subsidiaries	125	(269,436)	(2,050)
Net cash used in investing activities	125	(269,436)	(2,050)
Cash flows from financing activities:
Issuance of preferred shares, net of underwriting discount		290,550
Purchase of treasury shares	(179,092)	(72,220)	(68,493)
Issuance of common shares upon exercise of share options	5,485	9,043	1,295
Dividends paid on common shares	(46,235)	(12,285)
Dividends paid on preferred shares	(19,875)	(9,975)
Due to (from) affiliates, net	1,457	448	(2,041)
Other		(970)
Net cash (used in) provided by financing activities	238,260	204,591	(69,239)
Effect of exchange rate changes	(125)	(79)	177
Net change in cash, cash equivalents and restricted cash	(4,589)	(1,676)	6,416
Cash, cash equivalents and restricted cash, beginning of the year	10,696	12,372	5,956
Cash, cash equivalents and restricted cash, end of the year	$ 6,107	$ 10,696	$ 12,372

Valuation Accounts (Detail)

Valuation Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts receivable, allowance for doubtful accounts
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	$ 1,290	$ 2,663	$ 6,299
Additions Charged to Expense (Recovery)	293	(674)	(3,149)
Deductions Credited and Write-Offs	(1)	(699)	(487)
Balance at End of Year	1,582	1,290	2,663
Net investment in finance leases, allowance for credit losses
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	743	1,333	636
Additions Charged to Expense (Recovery)	536	(590)	697
Balance at End of Year	1,279	743	1,333
Container leaseback financing receivable, allowance for credit losses
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	113	424	256
Additions Charged to Expense (Recovery)	1	(311)	168
Balance at End of Year	$ 114	$ 113	$ 424