FTAI Aviation (FTAI) 10-Q 4 Aug 16 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 04, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Fortress Transportation & Infrastructure Investors LLC
Entity Central Index Key	1,590,364
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,015
Amendment Flag	false
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		75,750,943

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 276,208	$ 381,703
Restricted cash	69,614	21,610
Accounts receivable, net	18,827	14,466
Leasing equipment, net	679,734	636,681
Finance leases, net	9,928	82,521
Property, plant, and equipment, net	302,571	299,678
Investments in and advances to unconsolidated entities	9,976	10,675
Intangible assets, net	39,732	44,129
Goodwill	116,584	116,584
Other assets	51,378	36,758
Total assets	1,574,552	1,644,805
Liabilities
Accounts payable and accrued liabilities	33,575	34,995
Debt, net	262,908	266,221
Maintenance deposits	35,134	30,494
Security deposits	17,249	15,990
Other liabilities	10,738	6,419
Total liabilities	359,604	354,119
Commitments and Contingencies
Equity
Common Shares ($0.01 par value per share; 2,000,000,000 shares authorized; 75,730,165 and 75,718,183 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively)	757	757
Additional Paid in Capital	1,134,528	1,184,198
Accumulated Deficit	(35,744)	(18,769)
Accumulated other comprehensive income	0	97
Shareholders' equity	1,099,541	1,166,283
Non-controlling interest in equity of consolidated subsidiaries	115,407	124,403
Total equity	1,214,948	1,290,686
Total liabilities and equity	$ 1,574,552	$ 1,644,805

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, shares issued (in shares)	75,730,165	75,718,183
Common stock, shares outstanding (in shares)	75,730,165	75,718,183

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Total revenues	$ 33,195,000	$ 33,564,000	$ 64,648,000	$ 67,537,000
Expenses
Operating expenses	17,551,000	17,600,000	31,909,000	32,319,000
General and administrative	3,361,000	1,989,000	5,949,000	2,337,000
Acquisition and transaction expenses	1,875,000	1,598,000	2,934,000	1,966,000
Management fees and incentive allocation to affiliate	4,231,000	3,485,000	8,579,000	5,899,000
Depreciation and amortization	14,701,000	10,765,000	27,918,000	21,327,000
Interest expense	5,120,000	4,757,000	10,423,000	9,572,000
Total expenses	46,839,000	40,194,000	87,712,000	73,420,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	(259,000)	1,225,000	(174,000)	2,466,000
Gain on sale of equipment and finance leases, net	1,545,000	288,000	3,267,000	291,000
Loss on extinguishment of debt	0	0	(1,579,000)	0
Asset impairment	(7,450,000)	0	(7,450,000)	0
Interest (expense) income	(128,000)	116,000	(119,000)	303,000
Other income (expense)	58,000	(3,000)	98,000	(9,000)
Total other (expense) income	(6,234,000)	1,626,000	(5,957,000)	3,051,000
Loss before income taxes	(19,878,000)	(5,004,000)	(29,021,000)	(2,832,000)
Provision for income taxes	178,000	266,000	112,000	496,000
Net loss	(20,056,000)	(5,270,000)	(29,133,000)	(3,328,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(8,863,000)	(4,433,000)	(12,158,000)	(7,939,000)
Net (loss) income attributable to shareholders	$ (11,193,000)	$ (837,000)	$ (16,975,000)	$ 4,611,000
Basic and Diluted (Loss) Earnings per Share
Basic and Diluted (in dollars per share)	$ (0.15)	$ (0.01)	$ (0.22)	$ 0.08
Weighted Average Shares Outstanding - Basic (in shares)	75,730,165	62,879,023	75,728,717	58,216,849
Weighted Average Shares Outstanding - Diluted (in shares)	75,730,165	62,879,023	75,728,717	58,216,918
Equipment Leasing
Revenues
Total revenues	$ 22,351,000	$ 22,633,000	$ 41,926,000	$ 45,671,000
Infrastructure
Revenues
Total revenues	$ 10,844,000	$ 10,931,000	$ 22,722,000	$ 21,866,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (20,056)	$ (5,270)	$ (29,133)	$ (3,328)
Other comprehensive (loss) income:
Change in fair value of cash flow hedge	0	3	(97)	(136)
Comprehensive (loss) income	(20,056)	(5,267)	(29,230)	(3,464)
Comprehensive (loss) income attributable to non-controlling interest	(8,863)	(4,433)	(12,158)	(7,939)
Comprehensive (loss) income attributable to shareholders	$ (11,193)	$ (834)	$ (17,072)	$ 4,475

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid In Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Non-Controlling Interest in Equity of Consolidated Subsidiaries
Beginning balance at Dec. 31, 2015	$ 1,290,686	$ 757	$ 1,184,198	$ (18,769)	$ 97	$ 124,403
Comprehensive (loss) income:
Net (loss) income for the period	(29,133)			(16,975)		(12,158)
Other comprehensive (loss) income	(97)				(97)
Comprehensive (loss) income	(29,230)			(16,975)	(97)	(12,158)
Capital contributions	7,433					7,433
Settlement of equity based compensation	(200)					(200)
Dividends declared	(50,007)		(49,982)			(25)
Issuance of common shares	112		112
Equity-based compensation	(3,846)		200			(4,046)
Ending balance at Jun. 30, 2016	$ 1,214,948	$ 757	$ 1,134,528	$ (35,744)	$ 0	$ 115,407

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net (loss) income	$ (29,133,000)	$ (3,328,000)
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of unconsolidated entities	174,000	(2,466,000)
Gain on sale of equipment	(3,267,000)	(291,000)
Security deposits and maintenance claims included in earnings	(300,000)	(1,120,000)
Loss on extinguishment of debt	1,579,000	0
Equity-based compensation	(3,846,000)	2,600,000
Depreciation and amortization	27,918,000	21,327,000
Asset impairment	7,450,000	0
Change in current and deferred income taxes	(308,000)	(14,000)
Change in fair value of non-hedge derivative	3,000	9,000
Amortization of lease intangibles and incentives	3,279,000	3,913,000
Amortization of deferred financing costs	1,249,000	733,000
Operating distributions from unconsolidated entities	30,000	604,000
Bad debt expense	55,000	159,000
Other	269,000	(159,000)
Change in:
Accounts receivable	(4,413,000)	(3,926,000)
Other assets	(7,410,000)	60,000
Accounts payable and accrued liabilities	4,603,000	(1,762,000)
Management fees payable to affiliate	(152,000)	(2,138,000)
Other liabilities	3,210,000	430,000
Net cash provided by operating activities	990,000	14,631,000
Cash flows from investing activities:
Release of restricted cash	15,204,000	3,334,000
Payments to restricted cash	(21,882,000)	0
Investment in notes receivable	(2,119,000)	0
Principal collections on finance leases	2,302,000	6,142,000
Acquisition of leasing equipment	(83,714,000)	(26,234,000)
Acquisition of property plant and equipment	(13,281,000)	(70,621,000)
Acquisition of lease intangibles	(803,000)	0
Purchase deposit for aircraft and aircraft engines	(500,000)	(4,756,000)
Proceeds from sale of finance leases	71,000,000	0
Proceeds from sale of leasing equipment	15,905,000	1,500,000
Proceeds from sale of property, plant and equipment	78,000	125,000
Return of capital distributions from unconsolidated entities	432,000	1,284,000
Net cash used in investing activities	(17,378,000)	(89,226,000)
Cash flows from financing activities:
Proceeds from debt	108,658,000	200,000
Repayment of debt	(153,721,000)	(8,633,000)
Payment of deferred financing costs	(3,935,000)	0
Receipt of security deposits	1,997,000	1,025,000
Return of security deposits	(316,000)	(219,000)
Receipt of maintenance deposits	6,637,000	4,330,000
Release of maintenance deposits	(5,653,000)	(5,842,000)
Proceeds from issuance of common shares, net of underwriter's discount	0	354,057,000
Common shares issuance costs	0	(1,711,000)
Capital contributions from shareholders	0	295,879,000
Capital distributions to shareholders	0	(44,917,000)
Capital contributions from non-controlling interests	7,433,000	29,869,000
Capital distributions to non-controlling interests	0	(254,000)
Settlement of equity-based compensation	(200,000)	0
Cash dividends	(50,007,000)	0
Net cash (used in) provided by financing activities	(89,107,000)	623,784,000
Net (decrease) increase in cash and cash equivalents	(105,495,000)	549,189,000
Cash and cash equivalents, beginning of period	381,703,000	22,125,000
Cash and cash equivalents, end of period	276,208,000	571,314,000
Supplemental disclosure of non-cash investing and financing activities:
Restricted cash proceeds from borrowings of debt	44,342,000	0
Noncash or Part Noncash Acquisition, Leasing Equipment Acquired	(6,009,000)	(1,302,000)
Acquisition of property, plant and equipment	(47,000)	(59,000)
Proceeds from sale of leasing equipment	500,000	0
Settled and assumed security deposits	(122,000)	(243,000)
Billed and assumed maintenance deposits	3,656,000	1,144,000
Issuance of common stock	112,000	0
Deferred financing costs	(2,884,000)	0
Common share issuance costs	0	(3,107,000)
Change in fair value of cash flow hedge	$ 0	$ (136,000)

ORGANIZATION

ORGANIZATION	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION Fortress Transportation and Infrastructure Investors LLC (the “Company”) is a Delaware limited liability company which, through its subsidiary, Fortress Worldwide Transportation and Infrastructure General Partnership (the “Partnership”), is engaged in the ownership and leasing of aviation equipment, offshore energy equipment and shipping containers, and also owns and operates a short line railroad in North America, Central Maine and Québec Railway (“CMQR”), and a multi-modal crude oil and refined products terminal in Beaumont, Texas (“Jefferson Terminal”). The Company has five reportable segments, Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad, which operate in two primary businesses, Equipment Leasing and Infrastructure (Note 14). The Company is managed by FIG LLC (the “Manager”), an affiliate of Fortress Investment Group LLC (“Fortress”), pursuant to a management agreement (the “Management Agreement”) which provides for the Company to bear obligations for management fees and expense reimbursements payable to the Manager (Note 13).

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting —The unaudited consolidated financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”) and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. The consolidated balance sheet at December 31, 2015 has been derived from audited financial statements but does not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair statement of the Company’s financial position, results of operations and cash flows have been included and are of a normal and recurring nature. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The interim financial information contained herein should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2015 included in Form 10-K. Principles of Consolidation —The Company consolidates all entities in which it has a controlling financial interest and in which it has control over significant operating decisions, as well as variable interest entities (“VIEs”) in which the Company is the primary beneficiary. All significant intercompany transactions and balances have been eliminated. The ownership interest of other investors in consolidated subsidiaries is recorded as non-controlling interest. The Company uses the equity method of accounting for investments in entities in which the Company exercises significant influence but which do not meet the requirements for consolidation. Under the equity method, the Company records its proportionate share of the underlying net income (loss) of these entities. Variable Interest Entities —The assessment of whether an entity is a VIE and the determination of whether to consolidate a VIE requires judgment. VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. A VIE is required to be consolidated by its primary beneficiary, and only by its primary beneficiary, which is defined as the party who has the power to direct the activities of a VIE that most significantly impact its economic performance and who has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. The VIE in which the Company has an interest is WWTAI IES MT6015 Ltd. (“MT6015”), an entity formed in 2014 which has entered into a contract with a shipbuilder for the construction of an offshore multi service / inspection, maintenance and repair vessel (the “Vessel”) for a price of approximately $75 million . A subsidiary of the Company and a third party each hold a 50% interest in MT6015 and have equal representation on its board of directors. In connection with the initial capitalization of MT6015, another subsidiary of the Company provided the third party partner with a $3,725 loan which was utilized by the third party partner to fund its equity contribution to MT6015. In addition, the agreement provides the Company with disproportionate voting rights, in certain situations, as defined in the agreement. Accordingly, the Company determined that MT6015 is a VIE and that it was the primary beneficiary; accordingly, MT6015 has been presented on a consolidated basis in the accompanying financial statements. At December 31, 2015 , MT6015 had total assets of $7,533 , which are available only to settle the obligations of MT6015. Other than entering into the above commitment, MT6015 has conducted no operations, and no creditors of MT6015 have recourse to any assets or to the general credit of the Company. During the quarter ended June 30, 2016 , the Company determined not to proceed with the purchase of the Vessel. The shipbuilder delivered a notice of termination of the shipbuilding contract to MT6015 in July 2016. Correspondingly, in the quarter ended June 30, 2016 , the Company recorded impairment in its MT6015 investment of $7,450 . The shipbuilder has no further recourse to the Company. Reclassifications —Certain prior period amounts have been reclassified to conform to current period presentation. Use of Estimates —The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Risks and Uncertainties —In the normal course of business, the Company encounters several significant types of economic risk including credit, market, and capital market risks. Credit risk is the risk of the inability or unwillingness of a lessee, customer, or derivative counterparty to make contractually required payments or to fulfill its other contractual obligations. Market risk reflects the risk of a downturn or volatility in the underlying industry segments in which the Company operates which could adversely impact the pricing of the services offered by the Company or a lessee’s or customer’s ability to make payments, increase the risk of unscheduled lease terminations and depress lease rates and the value of the Company’s leasing equipment or operating assets. Capital market risk is the risk that the Company is unable to obtain capital at reasonable rates to fund the growth of its business or to refinance existing debt facilities. The Company, through its subsidiaries, also conducts operations outside of the United States; such international operations are subject to the same risks as those associated with its United States operations as well as additional risks, including unexpected changes in regulatory requirements, heightened risk of political and economic instability, potentially adverse tax consequences and the burden of complying with foreign laws. The Company does not have significant exposure to foreign currency risk as all of its leasing arrangements, terminal services revenue and the majority of freight rail revenue are denominated in U.S. dollars. Restricted Cash —Restricted cash of $69,614 and $21,610 at June 30, 2016 and December 31, 2015 , respectively, consists of cash held in segregated accounts pursuant to the requirements of the Company’s debt agreements (Note 8). Concentration of Credit Risk —The Company is subject to concentrations of credit risk with respect to amounts due from customers on its finance leases and operating leases. The Company attempts to limit its credit risk by performing ongoing credit evaluations. During the three and six months ended June 30, 2016 , the Company earned approximately 9.5% and 10.9% , respectively, of its revenue from one customer in the Jefferson Terminal segment. During the three and six months ended June 30, 2015 , the Company earned approximately 25.6% and 24.4% , respectively, of its revenue from one customer in the following segments; one each in offshore energy and Jefferson Terminal. As of June 30, 2016 , accounts receivable from two customers in the offshore segment each represented 22.2% and 21.6% of total accounts receivable, net. As of December 31, 2015, accounts receivable from two customers in the offshore segment each represented 27.1% and 25.4% of total accounts receivable, net. The Company maintains cash and restricted cash balances, which generally exceed federally insured limits, and subject the Company to credit risk, in high credit quality financial institutions. The Company monitors the financial condition of these institutions and has not experienced any losses associated with these accounts. Provision for Doubtful Accounts —The Company determines the provision for doubtful accounts based on its assessment of the collectability of its receivables on a customer-by-customer basis. The provision for doubtful accounts at June 30, 2016 and December 31, 2015 was $383 and $392 , respectively. Bad debt expense for the three and six months ended June 30, 2016 was $23 and $55 , respectively. Bad debt expense for the three and six months ended June 30, 2015 was $ 155 and $159 , respectively. Comprehensive Income (Loss) —Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances, excluding those resulting from investments by and distributions to owners. The Company’s comprehensive income (loss) represents net income (loss), as presented in the Consolidated Statements of Operations, adjusted for fair value changes related to derivatives accounted for as cash flow hedges and the Company’s pro-rata share of items of comprehensive income derived from investments in unconsolidated entities. The Company had reclassification adjustments of $0 and $97 , which impacted accumulated other comprehensive income during the three and six months ended June 30, 2016 , respectively. During the three and six months ended June 30, 2015 , the Company had reclassification adjustments of $ 35 and $ 72 , respectively. Derivative Financial Instruments— In the normal course of business the Company may utilize interest rate derivatives to manage its exposure to interest rate risks, principally related to the hedging of variable rate interest payments on various debt facilities. If certain conditions are met, an interest rate derivative may be specifically designated as a cash flow hedge. In connection with its debt obligations, the Company had entered into one interest rate derivative designated as a cash flow hedge and one non-hedge derivative. The Company terminated both derivatives during the first quarter of 2016 when the related debt obligations were paid in full. For the interest rate derivative designated as a cash flow hedge, all remaining net gains or losses in accumulated other comprehensive income at the date of termination were reclassified into earnings during the six months ended June 30, 2016 . The Company does not enter into speculative derivative transactions. Other Assets— Other assets is primarily comprised of notes receivables of $21,428 and $19,468 , leasing equipment purchase deposits of $503 and $7,450 , capitalized costs for potential asset acquisitions of $9,268 and $5,473 , prepaid expenses of $2,968 and $1,818 , and receivables of $11,417 and $0 as of June 30, 2016 and December 31, 2015 , respectively. Additionally, during the six months ended June 30, 2016 , the Company purchased and took physical delivery of heavy crude for blending. The crude inventory has been also been recorded within other assets on the Consolidated Balance Sheet at lower of cost or market of $1,690 as of June 30, 2016 . Dividends— Dividends are recorded when declared by the Board of Directors. For the three and six months ended June 30, 2016 , the Board of Directors declared a cash dividend of $0.33 and $0.66 per share, respectively. For the three and six months ended June 30, 2015 , the Board of Directors declared a cash dividend of $0.15 per share. Recent Accounting Pronouncements —In February 2015, the FASB issued ASU 2015-02, Amendments to the Consolidation Analysis (“ASU 2015-02”). ASU 2015-02 amends the consolidation guidance for VIEs and general partners’ investments in limited partnerships and modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. ASU 2015-02 is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The Company has adopted ASU 2015-02 as of January 1, 2016 and the adoption of this guidance did not have a material impact on the Company's consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The guidance is effective for reporting periods beginning after December 15, 2015 and interim periods within those fiscal years with early adoption permitted. ASU 2015-03 should be applied on a retrospective basis, wherein the balance sheet of each period presented should be adjusted to reflect the effects of adoption. The Company has adopted ASU 2015-03 as of January 1, 2016 and revised its consolidated balance sheets to present debt issuance costs as a direct deduction from debt rather than within other assets, for all periods presented. In August 2015, the FASB issued ASU No. 2015-15, Interest - Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated With Line-Of-Credit Arrangements (“ASU 2015-15”). ASU 2015-15 provides further guidance related to the presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. ASU 2015-15 allows companies to defer and present debt issuance costs as an asset or as a direct deduction from the carrying amount of that debt liability and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings of the line-of-credit arrangement. The guidance is effective for reporting periods beginning after December 15, 2015 and interim periods within those fiscal years with early adoption permitted. The Company has adopted ASU 2015-15 as of January 1, 2016 and revised its consolidated balance sheets to present debt issuance costs related to debt drawn under a line-of-credit arrangements as a direct deduction from debt rather than within other assets, for all periods presented. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations- Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-16”) . ASU 2015-16 requires an acquirer in a business combination to recognize adjustments to the initial purchase accounting that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. ASU No. 2015-16 is effective for annual and interim reporting periods beginning after December 15, 2015. The Company has adopted ASU 2015-16 as of January 1, 2016 and the adoption of this guidance did not have a material impact on the Company's consolidated financial statements. Unadopted Accounting Pronouncements —In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU-2014-09”) which provides a single comprehensive model for recognizing revenue from contracts with customers and supersedes existing revenue recognition guidance. The new standard requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. Companies will need to use more judgment and estimates than under the guidance currently in effect, including estimating the amount of variable revenue to recognize over each identified performance obligation. Additional disclosures will be required to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, to defer the effective date of ASU 2014-09 by one year, making it effective for annual reporting periods beginning after December 15, 2017 while also providing for early adoption but not before the original effective date. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory” (Topic 330) (“ASU 2015-11”), which simplifies the measurement of inventory by requiring certain inventory to be measured at the “lower of cost and net realizable value” and the previous parameters for “market value” will be eliminated. ASU 2015-11 defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” The standard will be effective for fiscal years beginning after December 15, 2016, with earlier adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). ASU 2016-01 requires (i) equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, to be measured at fair value with changes in fair value recognized in net income, (ii) public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (iii) separate presentation of financial assets and financial liabilities by measurement category and form of financial asset. ASU 2016-01 also eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. The pronouncement is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU 2016-02 will be effective beginning in the first quarter of 2019, with early adoption permitted. ASU 2016-02 requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-06, Contingent put and call options in debt instruments ("ASU 2016-06"). ASU 2016-06 simplifies the embedded derivative analysis for debt instruments containing contingent call or put options. ASU 2016-06 will be effective fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Consideration (Reporting Revenue Gross versus Net) ("ASU 2016-08"). ASU 2016-08 clarifies how an entity should identify the unit of accounting for the principal versus agent evaluation, how it should apply the control principle to certain types of arrangements, and provides indicators of when an entity controls the good or service and is acting as principal. ASU 2016-08 will be effective beginning in the first quarter of 2018, with early adoption permitted in the first quarter of 2017. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 requires the income tax effects of awards to be recognized in the income statement when the awards vest or are settled, increases the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification, and allow recognizing forfeitures of awards as they occur. ASU 2016-09 will be effective beginning in the first quarter of 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In April 2016, the FASB issued ASU 2016-10, Revenue from contracts with customers (Topic 606): Identifying performance obligations and licensing. ASU 2016-10 clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in the new revenue recognition standard. The Update includes targeted improvements based on input the Board received from the Transition Resource Group for Revenue Recognition and other stakeholders. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements in Topic 606 (and any other Topic amended by ASU 2014-09). ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-16 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-12, Revenue from contracts with customers (Topic 606): Narrow-scope improvements and practical expedients. ASU 2016-12 addresses narrow-scope improvements to the guidance on collectability, noncash consideration, and completed contracts at transition. Additionally, the amendments in this ASU provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements in Topic 606 (and any other Topic amended by ASU 2014-09). ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. For assets held at amortized cost basis, ASU 2016-13 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however this ASU requires that credit losses be presented as an allowance rather than as a write-down. This ASU affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 will be effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements.

LEASING EQUIPMENT

LEASING EQUIPMENT	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
LEASING EQUIPMENT, NET	LEASING EQUIPMENT, NET Leasing equipment, net is summarized as follows: June 30, 2016 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 511,072 $ 185,656 $ 44,326 $ 741,054 Less: Accumulated depreciation (46,258 ) (12,962 ) (2,100 ) (61,320 ) Leasing equipment, net $ 464,814 $ 172,694 $ 42,226 $ 679,734 December 31, 2015 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 452,602 $ 184,284 $ 44,326 $ 681,212 Less: Accumulated depreciation (33,281 ) (9,704 ) (1,546 ) (44,531 ) Leasing equipment, net $ 419,321 $ 174,580 $ 42,780 $ 636,681 During the six months ended June 30, 2016 , the Company acquired six aircraft and eight commercial jet engines and sold three commercial jet engines. Depreciation expense for leasing equipment for the three and six months ended June 30, 2016 was $10,451 and $19,743 , respectively. Depreciation expense for leasing equipment for the three and six months ended June 30, 2015 was $7,162 and $14,184 , respectively.

FINANCE LEASES, NET

FINANCE LEASES, NET	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
FINANCE LEASES, NET	FINANCE LEASES, NET Finance leases, net are summarized as follows: June 30, 2016 December 31, 2015 Offshore Energy Offshore Energy Shipping Containers Total Finance leases $ 19,035 $ 20,037 $ 82,332 $ 102,369 Unearned revenue (9,107 ) (9,915 ) (9,933 ) (19,848 ) Finance leases, net $ 9,928 $ 10,122 $ 72,399 $ 82,521 During the six months ended June 30, 2016 , the Company completed the sale of approximately 42,000 shipping containers that were subject to direct finance leases for a modest gain. As of June 30, 2016 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2016 $ 1,011 2017 2,008 2018 2,008 2019 2,008 2020 2,013 Thereafter 9,987 Total $ 19,035

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net is summarized as follows: June 30, 2016 Railroad Jefferson Terminal Total Land and site improvements $ 5,478 $ 14,074 $ 19,552 Construction in progress 3,368 35,539 38,907 Buildings and improvements 557 2,193 2,750 Crude oil terminal machinery and equipment — 236,002 236,002 Track and track related assets 17,433 — 17,433 Railroad equipment 770 — 770 Railcars and locomotives 2,455 — 2,455 Computer hardware and software 133 34 167 Furniture and fixtures 121 289 410 Vehicles 845 99 944 31,160 288,230 319,390 Less: Accumulated depreciation (4,004 ) (15,646 ) (19,650 ) Spare parts — 2,831 2,831 Property, plant and equipment, net $ 27,156 $ 275,415 $ 302,571 December 31, 2015 Railroad Jefferson Terminal Total Land and site improvements $ 5,478 $ 14,014 $ 19,492 Construction in progress 893 55,034 55,927 Buildings and improvements 557 2,193 2,750 Crude oil terminal machinery and equipment — 210,857 210,857 Track and track related assets 17,159 — 17,159 Railroad equipment 1,050 — 1,050 Railcars and locomotives 1,720 — 1,720 Computer hardware and software 118 34 152 Furniture and fixtures 121 289 410 Vehicles 503 44 547 27,599 282,465 310,064 Less: Accumulated depreciation (2,907 ) (10,308 ) (13,215 ) Spare parts — 2,829 2,829 Property, plant and equipment, net $ 24,692 $ 274,986 $ 299,678 During six months ended June 30, 2016 additional property, plant and equipment of $9,406 was acquired, and is mainly related to crude oil machinery and equipment and railcars and locomotives. During the six months ended June 30, 2016 , disposals of railroad equipment totaled $78 . Depreciation expense for property, plant and equipment was $3,350 and $6,376 , for the three and six months ended June 30, 2016 , respectively. Depreciation expense for property, plant and equipment was $ 2,705 and $ 5,350 , for the three and six months ended June 30, 2015 , respectively.

INVESTMENTS IN UNCONSOLIDATED E

INVESTMENTS IN UNCONSOLIDATED ENTITIES	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN UNCONSOLIDATED ENTITIES	INVESTMENTS IN UNCONSOLIDATED ENTITIES In 2012, the Company acquired a 51% non-controlling interest in Intermodal Finance I, Ltd. ("Intermodal"), a joint venture. Intermodal is governed by a board of directors and its shareholders have voting rights through their equity interests. As such, Intermodal is not within the scope of ASC 810-20 and should be evaluated for consolidation under the voting interest model. Due to the existence of substantive participating rights of the 49% equity investor, including the joint approval of material operating and capital decisions such as material contracts and capital expenditures consistent with ASC 810-10-25-11, the Company does not have unilateral rights over this investment; therefore, the Company does not consolidate Intermodal Finance I Ltd. but accounts for this investment in accordance with the equity method. The Company does not have a variable interest in this investment as none of the criteria of ASC 810-10-15-14 were met. Intermodal owns a portfolio of multiple finance leases, representing six customers and comprising approximately 54,000 shipping containers, as well as a portfolio of approximately 34,000 shipping containers subject to multiple operating leases. As of June 30, 2016 and December 31, 2015 , the carrying value of this investment was $9,976 and $10,675 , respectively. Summary financial information for Intermodal is follows: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Revenue Total revenues $ 3,060 $ 4,176 $ 6,461 $ 8,494 Expenses Operating expenses 193 233 423 426 General and administrative 372 212 675 373 Depreciation and amortization 1,669 602 3,463 1,199 Interest expense 506 815 1,297 1,858 Total expenses 2,740 1,862 5,858 3,856 Other income (loss) Loss on disposal of equipment (948 ) (51 ) (1,127 ) (51 ) Other income — 34 — 34 Total other loss (948 ) (17 ) (1,127 ) (17 ) Net (loss) income (628 ) 2,297 (524 ) 4,621 Comprehensive (loss) income $ (628 ) $ 2,297 $ (524 ) $ 4,621 Company's equity in (losses) earnings $ (259 ) $ 1,225 $ (174 ) $ 2,466 June 30, December 31, 2016 2015 Assets Cash and cash equivalents $ 3,941 $ 4,796 Restricted cash 2,342 2,117 Accounts receivable 1,013 1,153 Other receivables 1,917 — Leasing equipment, net of accumulated depreciation of $9,576 and $7,305, respectively 39,476 47,735 Finance leases, net 25,158 34,261 Other assets 3 31 Total assets $ 73,850 $ 90,093 Liabilities Accounts payable and accrued liabilities 112 154 Syndication liabilities 2,210 3,201 Debt, net 68,790 82,991 Other liabilities 414 458 Total liabilities 71,526 86,804 Members’ Equity Members’ equity 2,324 3,289 Total members’ equity 2,324 3,289 Total liabilities and members’ equity $ 73,850 $ 90,093 Company’s investment in and advances to unconsolidated entities $ 9,976 $ 10,675

INTANGIBLE ASSETS AND LIABILITI

INTANGIBLE ASSETS AND LIABILITIES, NET	6 Months Ended
	Jun. 30, 2016
Intangible Assets and Liabilities Disclosure [Abstract]
INTANGIBLE ASSETS AND LIABILITIES, NET	INTANGIBLE ASSETS AND LIABILITIES, NET The Company’s intangible assets and liabilities, net are summarized as follows: June 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 24,241 $ — $ — $ 24,241 Less: Accumulated amortization (13,656 ) — — (13,656 ) Acquired favorable lease intangibles, net 10,585 — — 10,585 Customer relationships — 35,514 225 35,739 Less: Accumulated amortization — (6,495 ) (97 ) (6,592 ) Acquired customer relationships, net — 29,019 128 29,147 Total intangible assets, net $ 10,585 $ 29,019 $ 128 $ 39,732 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (399 ) — — (399 ) Acquired unfavorable lease intangibles, net $ 1,107 $ — $ — $ 1,107 December 31, 2015 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 22,881 $ — $ — $ 22,881 Less: Accumulated amortization (9,697 ) — — (9,697 ) Acquired favorable lease intangibles, net 13,184 — — 13,184 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (4,718 ) (75 ) (4,793 ) Acquired customer relationships, net — 30,795 150 30,945 Total intangible assets, net $ 13,184 $ 30,795 $ 150 $ 44,129 Intangible liabilities Acquired unfavorable lease intangibles $ 1,171 $ — $ — $ 1,171 Less: Accumulated amortization (151 ) — — (151 ) Acquired unfavorable lease intangibles, net $ 1,020 $ — $ — $ 1,020 Intangible liabilities relate to unfavorable lease intangibles and are included as a component of other liabilities in the accompanying Consolidated Balance Sheets. Amortization of intangible assets and liabilities is recorded in the Consolidated Statements of Operations as follows: Classification in Consolidated Statements of Operations Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Lease intangibles Equipment leasing revenues $ 1,576 $ 1,697 $ 3,154 $ 3,793 Customer relationships Depreciation and amortization 900 898 1,799 1,793 Total $ 2,476 $ 2,595 $ 4,953 $ 5,586 As of June 30, 2016 , estimated net annual amortization of intangibles is as follows: Total 2016 $ 4,419 2017 6,953 2018 6,138 2019 4,496 2020 3,592 Thereafter 13,027 Total $ 38,625

DEBT

DEBT	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
DEBT	DEBT, NET The Company's debt, net is summarized as follows: June 30, 2016 December 31, 2015 Loans payable Container Loan #1 $ — $ 34,761 Container Loan #2 — 11,338 FTAI Pride Credit Agreement 64,062 67,188 CMQR Credit Agreement 12,625 9,407 Jefferson Terminal Credit Agreement — 98,750 Total loans payable 76,687 221,444 Bonds payable Series 2012 Bonds (including unamortized premium of $1,724 and $1,751 at June 30, 2016 and December 31, 2015, respectively) 47,234 47,261 Series 2016 Bonds 144,200 — Total bonds payable 191,434 47,261 Note payable to non-controlling interest Note payable to non-controlling interest 2,352 2,352 Total note payable to non-controlling interest 2,352 2,352 Debt 270,473 271,057 Less: Debt issuance costs (7,565 ) (4,836 ) Total debt, net $ 262,908 $ 266,221 Total debt due within one year $ 8,343 $ 24,791 Container Loan #1 —On December 27, 2012, a subsidiary of the Company entered into a Credit Agreement (“Container Loan #1”) with a bank for an initial aggregate amount of approximately $55,991 in connection with the acquisition of a portfolio of shipping containers subject to finance leases. Container Loan #1 required monthly payments of interest and scheduled principal payments through its maturity on December 27, 2017 and could be prepaid without penalty after the third anniversary of the closing of the loan. In connection with Container Loan #1, the Company entered into an interest rate swap agreement (the “Swap”) on January 17, 2013 with respect to 70% of the outstanding balance of Container Loan #1 and designated as a cash flow hedge which fixed the LIBOR rate at 0.681% . During the first quarter of 2016 , all amounts outstanding under Container Loan #1 and the Swap were paid in full using the proceeds from the sale of the underlying assets, and such agreements were terminated. Container Loan #2 —On August 15, 2013, a subsidiary of the Company entered into a Credit Agreement (“Container Loan #2”) with a bank for an initial aggregate amount of approximately $21,548 in connection with the acquisition of a portfolio of shipping containers subject to finance leases. Container Loan #2 required quarterly payments of interest and scheduled principal payments through its maturity on August 28, 2018 and could be prepaid without penalty at any time. In connection with Container Loan #2, the Company entered into an interest rate cap agreement (the “Cap”) on September 20, 2013, with respect to 50% of the portion of the outstanding balance of Container Loan #2, not designated as a cash flow hedge, which capped LIBOR at 2.5% . During the first quarter of 2016 , all amounts outstanding under Container Loan #2 and the Cap were paid in full using the proceeds from the sale of the underlying assets, and such agreements were terminated. FTAI Pride Credit Agreement —On September 15, 2014, FTAI Pride, LLC, (“FTAI Pride”) a subsidiary of the Company entered into a credit agreement (the “FTAI Pride Credit Agreement”) with a financial institution for a term loan in an aggregate amount of $75,000 . The loan proceeds were used in connection with the acquisition of an offshore construction vessel. The FTAI Pride Credit Agreement requires quarterly payments of interest and scheduled principal payments of $1,562 beginning in the quarter ending December 31, 2015 , through its maturity and can be prepaid without penalty at any time. The FTAI Pride Credit Agreement is secured on a first priority basis by the offshore construction vessel and charter. Borrowings under the FTAI Pride Credit Agreement bear interest at the LIBOR rate plus a spread of 4.50% . The FTAI Pride Credit Agreement contains affirmative and negative covenants which limit certain actions of the borrower and a financial covenant requiring the borrower to maintain a Fixed Charges Coverage Ratio, as defined, of not less than 1.15 :1.00 in any twelve month period ending December 31, 2014, or later. CMQR Credit Agreement —On March 28, 2016, CMQR amended its credit agreement (the “CMQR Credit Agreement”) with a financial institution for a revolving line of credit to increase the aggregate amount from $10,000 to $20,000 and to extend the maturity date to September 18, 2018. Borrowings under the CMQR Credit Agreement bear interest at either (i) Adjusted LIBOR plus a spread of 2.50% or 4.50% , (ii) the U.S. or Canadian Base Rate plus a spread of 1.50% or 3.50% , or (iii) the Canadian Fixed Rate plus a spread of 2.50% or 4.50% , as defined by the CMQR Credit Agreement. The CMQR Credit Agreement is also indirectly supported by Fortress Transportation and Infrastructure Investors LLC (the “Sponsor”). In the event of a default under the credit agreement, CMQR’s lenders can cause CMQR to call up to a total of $29 million in capital from the Sponsor, and in the event of CMQR’s bankruptcy, the lenders can put the debt back to the Sponsor. The CMQR Credit Agreement contains affirmative and negative covenants which limit certain actions of CMQR. Jefferson Terminal Credit Agreement —On August 27, 2014, a subsidiary of the Company, entered into a credit agreement (the “Jefferson Terminal Credit Agreement”) with a financial institution for an aggregate amount of $100,000 . The Jefferson Terminal Credit Agreement required quarterly payments of $250 beginning with the quarter ending December 31, 2014, with such quarterly payments increasing to $1,250 beginning with the quarter ending December 31, 2016, and could be prepaid or repaid at any time prior to its maturity on February 27, 2018. On March 8, 2016, all amounts outstanding under the Jefferson Terminal Credit Agreement were paid in full and such agreement was terminated. Accordingly, during the first quarter of 2016 , the Company recorded a loss on extinguishment of debt of $1,579 . Series 2016 Bonds —On March 7, 2016, the Port of Beaumont Navigation District of Jefferson County, Texas (the “District”) issued $144,200 of Dock and Wharf Facility Revenue Bonds, Series 2016 (Jefferson Energy Companies Project) (the “Series 2016 Bonds”). Proceeds from the issuance of the Series 2016 Bonds were used, in part, to reimburse Jefferson Railport Terminal II, LLC (“Jefferson Railport II”) for certain costs related to the development, construction and acquisition of certain facilities for the transport, loading, unloading, and storage of petroleum products (the “Facilities”) on behalf of the District, and settle the Jefferson Terminal Credit Agreement. Construction of the Facilities has occurred, and will occur, on property leased by the District to Jefferson Railport II pursuant to a First Amended and Restated Ground Lease between Jefferson Railport II, as lessee, and the District, as lessor. All such Facilities will be leased by the District to Jefferson Railport II pursuant to a Lease and Development Agreement between the District and Jefferson Railport II. The transaction described above did not qualify for sale-leaseback accounting due to the continuing involvement of the Company resulting from the mandatory tender feature and, as a result, the leases were classified as a financing transaction in the Company’s consolidated financial statements. Under the financing method, the assets constructed or to be constructed will remain on the consolidated balance sheet and the net proceeds received by the Company are recorded as financial debt. Payments under these leases are recorded as interest expense and reduction of principal in accordance with the terms of the bond agreement with annual interest payments and a principal repayment at February 13, 2020 barring a remarketing of the bond on new terms. Under a Capital Call Agreement, the Company has agreed to make funds available to Jefferson Holdings in order to satisfy its obligation under the Standby Bond Purchase Agreement. The Capital Call Agreement contains certain covenants applicable to the Company, including a negative lien covenant regarding Aviation Assets, as defined, as well as maintenance of a minimum total asset value of Aviation Assets and minimum total equity of the Company. In connection with the above, related to the Series 2016 Bonds, a subsidiary of the Company and an affiliate of its Manager entered into a Fee and Support Agreement with FTAI Energy Partners LLC and certain of its subsidiaries. The Fee and Support Agreement provides that both such subsidiary of the Company, and such affiliate, will effectively guarantee a pro rata portion of the obligations under the Standby Bond Purchase Agreement in return for a guarantee fee of $6,873 (shared on the same pro rata basis). This fee will be amortized as interest expense to the redemption date or February 13, 2020. The Series 2016 Bonds bear interest at an initial rate of 7.25% and require scheduled interest payments. The Series 2016 Bonds have a stated maturity of February 1, 2036 but are subject to mandatory tender for purchase at par on February 13, 2020 if they have not been repurchased from proceeds of a remarketing of the Series 2016 Bonds or redeemed prior to such date. In the event all of the Series 2016 Bonds are not repurchased from proceeds of a remarketing or redeemed at February 13, 2020, Jefferson Railport and Jefferson Railport Terminal II Holdings LLC (“Jefferson Holdings”), a Delaware limited liability company and parent of Jefferson Railport II, have agreed to purchase the Series 2016 Bonds from the Holders thereof at par pursuant to a Standby Bond Purchase Agreement. In addition, pursuant to the Standby Purchase Agreement, Jefferson Holdings will guarantee the payment of all Rent (as defined in the Facilities Lease), and all principal of and premium and interest on the Series 2016 Bonds payable prior to repurchase or redemption at February 13, 2020. The Company was in compliance with all debt covenants as of June 30, 2016 .

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value measurements and disclosures require the use of valuation techniques to measure fair value that maximize the use of observable inputs and minimize use of unobservable inputs. These inputs are prioritized as follows: • Level 1: Observable inputs such as quoted prices in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities or market corroborated inputs. • Level 3: Unobservable inputs for which there is little or no market data and which require the Company to develop its own assumptions about how market participants price the asset or liability. The valuation techniques that may be used to measure fair value are as follows: • Market approach—Uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. • Income approach—Uses valuation techniques to convert future amounts to a single present amount based on current market expectations about those future amounts. • Cost approach—Based on the amount that currently would be required to replace the service capacity of an asset (replacement cost). The following tables set forth the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 , by level within the fair value hierarchy. Assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of June 30, 2016 June 30, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 276,208 $ 276,208 $ — $ — Market Restricted cash 69,614 69,614 — — Market Total $ 345,822 $ 345,822 $ — $ — Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of December 31, 2015 December 31, 2015 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 381,703 $ 381,703 $ — $ — Market Restricted cash 21,610 21,610 — — Market Derivative assets 101 — 101 — Income Total $ 403,414 $ 403,313 $ 101 $ — At June 30, 2016 and December 31, 2015 , the Company had no liabilities that were measured at fair value on a recurring basis. The Company’s cash and cash equivalents and restricted cash consist largely of demand deposit accounts with maturities of 90 days or less when purchased that are considered to be highly liquid. These instruments are valued using inputs observable in active markets for identical instruments and are therefore classified as Level 1 within the fair value hierarchy. Except as discussed below, the Company’s financial instruments other than cash and cash equivalents and restricted cash, consist principally of accounts receivable, accounts payable and accrued liabilities, loans payable, bonds payable, security deposits, maintenance deposits and management fees payable, whose fair value approximates their carrying value based on an evaluation of pricing data, vendor quotes, and historical trading activity or due to their short maturity profiles. The Company’s notes receivable at June 30, 2016 and December 31, 2015 , which is included as a component of other assets on the accompanying Consolidated Balance Sheets, consist of a $3,725 loan bearing interest at 12.0% made to the Company’s joint venture partner in MT 6015 (Note 2) which is collateralized by other property owned by the joint venture partner. At June 30, 2016 and December 31, 2015 , the Company's notes receivable also included a $16,988 and $14,869 , respectively, loan bearing interest at 10% related to a terminal site under development, collateralized by property at that site. The fair value of these notes receivable approximate carrying value due to both bearing a market rate of interest for similar types of loans and is classified as Level 2 within the fair value hierarchy. The fair value of Series 2012 bonds, reported in debt, net on the Consolidated Balance Sheets, was approximately $50,726 and $49,268 , respectively, at June 30, 2016 and December 31, 2015 , based upon market prices for similar municipal securities. The fair value of Series 2016 bonds, reported in debt, net on the Consolidated Balance Sheets, was approximately $152,106 at June 30, 2016 based upon market prices for similar municipal securities. The fair values of all other items reported as debt, net in the Consolidated Balance Sheet approximate their carrying values due to their bearing market rates of interest, and are classified as Level 2 within the fair value hierarchy. The Company measures the fair value of certain assets and liabilities on a non-recurring basis when GAAP requires the application of fair value, including events or changes in circumstances that indicate that the carrying amounts of assets may not be recoverable. Assets subject to these measurements include goodwill, intangible assets, property, plant and equipment and leasing equipment. The Company records such assets at fair value when it is determined the carrying value may not be recoverable. Fair value measurements for assets subject to impairment tests are based on an income approach which uses Level 3 inputs, which include the Company’s assumptions as to future cash flows from operation of the underlying businesses and the leasing and eventual sale of assets.

REVENUES

REVENUES	6 Months Ended
	Jun. 30, 2016
Revenue Disclosure [Abstract]
REVENUES	REVENUES Components of revenue are as follows: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 14,750 $ 580 $ — $ — $ — $ 15,330 Maintenance revenue 6,285 — — — — 6,285 Finance lease income — 399 — — — 399 Other revenue 312 — 25 — — 337 Total equipment leasing revenues 21,347 979 25 — — 22,351 Infrastructure revenues Lease income — — — — — — Rail revenues — — — — 7,707 7,707 Terminal services revenues — — — 3,137 — 3,137 Total infrastructure revenues — — — 3,137 7,707 10,844 Total revenues $ 21,347 $ 979 $ 25 $ 3,137 $ 7,707 $ 33,195 Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 9,808 $ 6,337 $ — $ — $ — $ 16,145 Maintenance revenue 3,999 — — — — 3,999 Finance lease income — 419 1,869 — — 2,288 Other revenue — 176 25 — — 201 Total equipment leasing revenues 13,807 6,932 1,894 — — 22,633 Infrastructure revenues Lease income — — — 1,410 — 1,410 Rail revenues — — — — 5,558 5,558 Terminal services revenues — — — 3,963 — 3,963 Total infrastructure revenues — — — 5,373 5,558 10,931 Total revenues $ 13,807 $ 6,932 $ 1,894 $ 5,373 $ 5,558 $ 33,564 Six Months Ended June 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 27,597 $ 655 $ — $ — $ — $ 28,252 Maintenance revenue 11,391 — — — — 11,391 Finance lease income — 809 1,112 — — 1,921 Other revenue 312 — 50 — — 362 Total equipment leasing revenues 39,300 1,464 1,162 — — 41,926 Infrastructure revenues Lease income — — — — — — Rail revenues — — — — 15,706 15,706 Terminal services revenues — — — 7,016 — 7,016 Total infrastructure revenues — — — 7,016 15,706 22,722 Total revenues $ 39,300 $ 1,464 $ 1,162 $ 7,016 $ 15,706 $ 64,648 Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 19,547 $ 12,603 $ — $ — $ — $ 32,150 Maintenance revenue 7,385 — — — — 7,385 Finance lease income — 829 3,770 — — 4,599 Other revenue 1,120 367 50 — — 1,537 Total equipment leasing revenues 28,052 13,799 3,820 — — 45,671 Infrastructure revenues Lease income — — — 2,820 — 2,820 Rail revenues — — — — 11,847 11,847 Terminal services revenues — — — 7,199 — 7,199 Total infrastructure revenues — — — 10,019 11,847 21,866 Total revenues $ 28,052 $ 13,799 $ 3,820 $ 10,019 $ 11,847 $ 67,537 Minimum future annual revenues contracted to be received under existing operating leases of equipment as of June 30, 2016 are as follows: Total 2016 $ 34,165 2017 55,186 2018 39,567 2019 20,456 2020 9,808 Thereafter 4,595 Total $ 163,777

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION In 2015, the Company established a Nonqualified Stock Option and Incentive Award Plan (“Incentive Plan”) which provides for the ability to award equity compensation awards in the form of stock options, stock appreciation rights, restricted stock, and performance awards to eligible employees, consultants, directors, and other individuals who provide services to the Company, each as determined by the Compensation Committee of the Board of Directors. As of June 30, 2016 , the Incentive Plan provides for the issuance of up to 30.0 million shares. The Company accounts for equity-based compensation expense in accordance with Accounting Standards Codification 718 Compensation-Stock Compensation (“ASC 718”) and is reported within operating expenses and general and administrative in the Consolidated Statements of Operations. Information on equity based compensation as of June 30, 2016 is as follows: Stock Options (in thousands except share and per share data) Options Weighted-Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Stock options outstanding at January 1, 2016 15,000 $ 16.98 Granted Exercised — Forfeited and canceled — Stock options outstanding and exercisable as of June 30, 2016 15,000 $ 16.98 8.91 $ — Restricted Shares The Company granted equity based compensation to employees of a subsidiary consisting of 1.3 million restricted shares of such subsidiary’s equity instruments in exchange for services to be provided. At issuance, the restricted shares had an assumed forfeiture rate of zero . One award for 1.25 million restricted shares can vest in three tranches over three years , subject to continued employment and the achievement of three separate performance conditions based on EBITDA for that subsidiary, as defined. The award expires in August 2017. The award is equity based, with compensation expense recognized ratably over the remaining service period when it is probable that the performance conditions will be achieved. The grant date fair value of the award is $23,879 which was based on the fair value per share on August 27, 2014, the date of grant, and estimated using a market approach. During the six months ended June 30, 2016 , the achievement of all performance conditions was not deemed probable and accordingly, a $4,402 expense previously recognized in prior periods was reversed in Operating Expenses in the Consolidated Statement of Operations. A second award, expected to vest over four years , was partially accelerated and the remainder forfeited, according to the original terms of the agreement, when employment ended during first quarter of 2016 . The grant date fair value of the award was $800 , based on the fair value per share on the date of grant, estimated using a market approach. As of June 30, 2016 , 50% of this award vested, with the remaining 50% forfeited. In lieu of delivering the vested shares, the Company paid $200 in cash to the former employee in accordance with the amended terms of the agreement during the three and six months ended June 30, 2016 , effectively terminating and canceling the awards. As of June 30, 2016 , 1.25 million restricted shares were unvested and outstanding and no restricted shares were vested and outstanding. All restricted shares were outstanding and unvested December 31, 2015. Common Units The Company has granted equity based compensation to employees of a subsidiary consisting of 1.4 million common units of such subsidiary’s equity instruments with an aggregate grant date fair value of $1,688 in exchange for services to be provided. The awards have varying terms, ranging between 16 and 36 months , and vest subject to continued employment through each respective vesting date. The awards are equity based, with compensation expense recognized ratably over the vesting periods. The awards have an assumed forfeiture rate of zero . As of June 30, 2016 and December 31, 2015, 150 and 733 common units were nonvested, respectively. During the three and six months ended June 30, 2016 , 566,667 and 583,333 common units vested, with a fair value of $699,334 and $722,166 , respectively. The fair value of the awards are based on the fair value of the operating subsidiary on each date of grant, which was estimated using a discounted cash flow analysis which requires the application of discount factors and terminal multiples to projected cash flows. Discount factors and terminal multiples were based on market based inputs and transactions, as available at the measurement dates. The Company's Statements of Operations includes the following expense (income) related to its stock-based compensation arrangements: Three Months Ended June 30, Six Months Ended June 30, Remaining Expense To Be Recognized, If All Vesting Conditions Are Met 2016 2015 2016 2015 Stock Options $ — $ 24 $ — $ 24 $ — Restricted Shares — 919 (4,168 ) 1,772 23,879 Common Units 118 237 322 804 145 Total $ 118 $ 1,180 $ (3,846 ) $ 2,600 $ 24,024

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The current and deferred components of the income tax expense (benefit) included in the Consolidated Statements of Operations are as follows: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current: Federal $ 143 $ 20 $ 162 $ 49 State and local 9 43 40 51 Foreign 15 124 26 239 Total current provision 167 187 228 339 Deferred: Federal (4 ) 29 1 44 State and local 1 2 1 1 Foreign 14 48 (118 ) 112 Total deferred provision 11 79 (116 ) 157 Total provision for income taxes $ 178 $ 266 $ 112 $ 496 The Company is taxed as a flow-through entity for U.S. income tax purposes and its taxable income or loss generated is the responsibility of its owners. Taxable income or loss generated by the Company’s corporate subsidiaries is subject to U.S. federal, state and foreign corporate income tax in locations where they conduct business. The Company’s effective tax rate differs from the U.S. federal tax rate of 35% primarily due to a significant portion of its income that is not subject to U.S. corporate tax rates or that is deemed to be foreign sourced and is either not taxable or taxable at effectively lower tax rates. As of and for the period ended June 30, 2016 , the Company had not established a liability for uncertain tax positions as no such positions existed. In general, the Company’s tax returns and the tax returns of its corporate subsidiaries are subject to U.S. federal, state, local and foreign income tax examinations by tax authorities. Generally, the Company is not subject to examination by taxing authorities for tax years prior to 2012. The Company does not believe that it is reasonably possible that the total amount of unrecognized tax benefits will significantly change within 12 months of the reporting date.

MANAGEMENT AGREEMENT AND AFFILI

MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS	MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS The Manager is paid annual fees in exchange for advising the Company on various aspects of its business, formulating its investment strategies, arranging for the acquisition and disposition of assets, arranging for financing, monitoring performance, and managing its day-to-day operations, inclusive of all costs incidental thereto. In addition, the Manager may be reimbursed for various expenses incurred by the Manager on the Company’s behalf, including the costs of legal, accounting and other administrative activities. In May 2015, in connection with the Company's initial public offering (the “IPO”), the Company entered into a new management agreement with the Manager, (the “Management Agreement”) which replaced its then-existing management agreement as a private fund. Additionally, the Company has entered into certain incentive allocation arrangements with Fortress Worldwide Transportation and Infrastructure Master GP LLC (the "Master GP"), owns 0.05% of the Partnership and is the general partner of the Partnership. Pre-IPO Management Agreement The pre-IPO management fee was calculated at an annual rate of 1.25% for any Onshore Fund or Offshore Fund investor (collectively, the “Fund Investors”) with a capital commitment of at least $100 million and 1.50% for any capital commitment of less than $100 million, payable semi-annually in arrears. Commencing with the date of the initial closing of the Onshore Fund and the Offshore Fund and continuing through the third anniversary of their final closing (the “Fund Commitment Period”), this percentage was applied to the weighted average of all capital called, reduced for any return of capital resulting from the partial or complete disposition of any Portfolio Investment, as defined therein. During the three and six months ended June 30, 2015 , pre-IPO management fees were $1,459 and $3,873 , respectively. Post-IPO Management Agreement and Other Incentive Allocation The Manager is entitled to a management fee and reimbursement of certain expenses. The post-IPO management fee is determined by taking the average value of total equity (excluding non-controlling interests) determined on a consolidated basis in accordance with GAAP at the end of the two most recently completed months multiplied by an annual rate of 1.50% , and is payable monthly in arrears in cash. The total post-IPO management fees for the three and six months ended June 30, 2016 was $4,231 and $8,579 , respectively. The total post-IPO management fees for both the three and six months ended June 30, 2015 was $2,026 . Additionally, the Company has entered into certain incentive allocation arrangements with the Master GP. No Income Incentive Allocation or Capital Gains Incentive Allocation was due to the Master GP for the three or six months ended June 30, 2016 . During the three months ended June 30, 2016 , expense reimbursement of $1,643 was recorded in general and administrative expenses and $1,013 was recorded in acquisition and transaction expenses in the Consolidated Statements of Operations. During the six months ended June 30, 2016 , expense reimbursement of $3,401 was recorded in General and Administrative and $2,026 was recorded in Acquisition and Transaction expenses in the Consolidated Statements of Operations. During the three and six months ended June 30, 2015 , expense reimbursement of $642 was recorded in general and administrative expenses and $221 was recorded in acquisition and transaction expenses in the Consolidated Statements of Operations. As of June 30, 2016 and December 31, 2015 , no amounts were receivable from the Manager. As of June 30, 2016 and December 31, 2015 , amounts due to the Manager or its affiliates of $957 and $994 , excluding accrued management fees, respectively, are included within other liabilities on the Consolidated Balance Sheets. As of June 30, 2016 and December 31, 2015 , amounts due to the Manager or its affiliates of $1,376 and $1,506 , respectively, related to accrued management fees, are included within accounts payable and accrued liabilities on the Consolidated Balance Sheets. Other Affiliate Transactions As of June 30, 2016 and December 31, 2015 , an affiliate of the Company's Manager owns an approximately 20% interest in Jefferson Terminal which has been accounted for as a component of non-controlling interest in consolidated subsidiaries in the accompanying consolidated financial statements. The carrying amount of this non-controlling interest at June 30, 2016 and December 31, 2015 was $74,801 and $71,321 , respectively. For the three months ending June 30, 2016 and June 30, 2015 , the amount of this non-controlling interest share of net loss was $2,384 and $2,007 , respectively. For the six months ending June 30, 2016 and June 30, 2015 , the amount of this non-controlling interest share of net loss was $3,952 and $3,556 , respectively. In connection with the Capital Call Agreement related to the Series 2016 Bonds discussed in Note 8, the Company and an affiliate of its Manager entered into a Fee and Support Agreement. The Fee and Support Agreement provides that the affiliate is compensated for its guarantee of a portion of the obligations under the Standby Bond Purchase Agreement. The affiliate received fees of $ 1,740 , which will be amortized as interest expense to the redemption date or February 13, 2020. A non-controlling interest holder of Jefferson Terminal provides construction services for Jefferson Terminal. At June 30, 2016 and December 31, 2015 , accounts payable due to this vendor was $296 and $4,708 , respectively.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company’s reportable segments represent strategic business units comprised of investments in different types of transportation and infrastructure assets. The Company has five reportable segments which operate in the Equipment Leasing and Infrastructure businesses across several market sectors. The Company’s reportable segments are Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad. Aviation Leasing consists of aircraft and aircraft engines held for lease and are typically held long-term. Offshore Energy consists of vessels and equipment that support offshore oil and gas drilling and production which are typically subject to long-term operating leases. Shipping Containers consists of an investment in an unconsolidated entity engaged in the acquisition and leasing of shipping containers (on both an operating lease and finance lease basis). Jefferson Terminal consists of a multi-modal crude oil and refined products terminal and other related assets. Railroad consists of our CMQR railroad operations. Corporate consists primarily of unallocated Company level general and administrative expenses and management fees. The accounting policies of the segments are the same as those described in the summary of significant accounting policies; however financial information presented by segment includes the impact of intercompany eliminations. The Company evaluates investment performance for each reportable segment primarily based on net income attributable to shareholders and Adjusted Net Income. Adjusted Net Income is defined as net income attributable to shareholders, adjusted (a) to exclude the impact of provision for income taxes, equity-based compensation expense, acquisition and transaction expenses, losses on the modification or extinguishment of debt and capital lease obligations, changes in fair value of non-hedge derivative instruments, asset impairment charges, incentive allocations, and equity in earnings of unconsolidated entities; (b) to include the impact of cash income tax payments, the Company’s pro-rata share of the Adjusted Net Income from unconsolidated entities (collectively “Adjusted Net Income”), and (c) to exclude the impact of the non-controlling share of Adjusted Net Income. The Company believes that net income attributable to shareholders, as defined by GAAP, is the most appropriate earnings measurement with which to reconcile Adjusted Net Income. Adjusted Net Income should not be considered as an alternative to net income attributable to shareholders as determined in accordance with GAAP. The following tables set forth certain information for each reportable segment of the Company: I. For the Three Months Ended June 30, 2016 Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 21,347 $ 979 $ 25 $ — $ — $ — $ 22,351 Infrastructure revenues — — — 3,137 7,707 — 10,844 Total revenues 21,347 979 25 3,137 7,707 — 33,195 Expenses Operating expenses 1,166 2,401 12 6,698 7,268 6 17,551 General and administrative — — — — — 3,361 3,361 Acquisition and transaction expenses — — — 291 — 1,584 1,875 Management fees and incentive allocation to affiliate — — — — — 4,231 4,231 Depreciation and amortization 8,504 1,670 — 3,993 534 — 14,701 Interest expense — 936 — 3,984 200 — 5,120 Total expenses 9,670 5,007 12 14,966 8,002 9,182 46,839 Other income (expense) Equity in losses of unconsolidated entities — — (259 ) — — — (259 ) Gain on sale of equipment, net 1,509 — — — 36 — 1,545 Loss on extinguishment of debt — — — — — — — Asset impairment — (7,450 ) — — — — (7,450 ) Interest income (expense) 2 3 — (133 ) — — (128 ) Other income — — — 58 — — 58 Total other income (expense) 1,511 (7,447 ) (259 ) (75 ) 36 — (6,234 ) Income (loss) before income taxes 13,188 (11,475 ) (246 ) (11,904 ) (259 ) (9,182 ) (19,878 ) Provision for income taxes 185 — (9 ) — — 2 178 Net income (loss) 13,003 (11,475 ) (237 ) (11,904 ) (259 ) (9,184 ) (20,056 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 193 (3,911 ) — (5,125 ) (16 ) (4 ) (8,863 ) Net income (loss) attributable to shareholders $ 12,810 $ (7,564 ) $ (237 ) $ (6,779 ) $ (243 ) $ (9,180 ) $ (11,193 ) The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 12,977 $ (3,839 ) $ (309 ) $ (6,519 ) $ (130 ) $ (7,594 ) $ (5,414 ) Add: Non-controlling share of adjustments to Adjusted Net Income 3,710 Add: Equity in earnings of unconsolidated entities (259 ) Add: Cash payments for income taxes 69 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 322 Less: Asset impairment charges (7,450 ) Less: Changes in fair value of non-hedge derivative instruments — Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,875 ) Less: Equity-based compensation expense (118 ) Less: Provision for income taxes (178 ) Net loss attributable to shareholders $ (11,193 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,868 $ — $ — $ — $ — $ — $ 2,868 Asia 9,693 408 25 — — — 10,126 Europe 6,532 173 — — — — 6,705 North America 1,641 398 — 3,137 7,707 — 12,883 South America 613 — — — — — 613 Total revenues $ 21,347 $ 979 $ 25 $ 3,137 $ 7,707 $ — $ 33,195 II. For the Six months ended June 30, 2016 Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 39,300 $ 1,464 $ 1,162 $ — $ — $ — $ 41,926 Infrastructure revenues — — — 7,016 15,706 — 22,722 Total revenues 39,300 1,464 1,162 7,016 15,706 — 64,648 Expenses Operating expenses 1,983 6,002 42 9,386 14,490 6 31,909 General and administrative — — — — — 5,949 5,949 Acquisition and transaction expenses — — — 291 — 2,643 2,934 Management fees and incentive allocation to affiliate — — — — — 8,579 8,579 Depreciation and amortization 15,931 3,258 — 7,669 1,060 — 27,918 Interest expense — 1,871 410 7,788 354 — 10,423 Total expenses 17,914 11,131 452 25,134 15,904 17,177 87,712 Other income (expense) Equity in losses of unconsolidated entities — — (174 ) — — — (174 ) Gain on sale of equipment, net 2,717 — 304 — 246 — 3,267 Loss on extinguishment of debt — — — (1,579 ) — — (1,579 ) Asset impairment — (7,450 ) — — — — (7,450 ) Interest income (expense) 3 5 — (127 ) — — (119 ) Other income (expense) — — (2 ) 100 — — 98 Total other income (expense) 2,720 (7,445 ) 128 (1,606 ) 246 — (5,957 ) Income (loss) before income taxes 24,106 (17,112 ) 838 (19,724 ) 48 (17,177 ) (29,021 ) Provision for income taxes 88 — (13 ) 35 — 2 112 Net income (loss) 24,018 (17,112 ) 851 (19,759 ) 48 (17,179 ) (29,133 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 290 (4,158 ) — (8,281 ) (3 ) (6 ) (12,158 ) Net income (loss) attributable to shareholders $ 23,728 $ (12,954 ) $ 851 $ (11,478 ) $ 51 $ (17,173 ) $ (16,975 ) The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 23,452 $ (9,229 ) $ 778 $ (12,776 ) $ 360 $ (14,532 ) $ (11,947 ) Add: Non-controlling share of adjustments to Adjusted Net Income 2,721 Add: Equity in earnings of unconsolidated entities (174 ) Add: Cash payments for income taxes 420 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 237 Less: Asset impairment charges (7,450 ) Less: Changes in fair value of non-hedge derivative instruments (3 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations (1,579 ) Less: Acquisition and transaction expenses (2,934 ) Less: Equity-based compensation expense 3,846 Less: Provision for income taxes (112 ) Net loss attributable to shareholders $ (16,975 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 5,647 $ — $ — $ — $ — $ — $ 5,647 Asia 19,076 408 833 — — — 20,317 Europe 11,498 248 — — — — 11,746 North America 2,101 808 329 7,016 15,706 — 25,960 South America 978 — — — — — 978 Total revenues $ 39,300 $ 1,464 $ 1,162 $ 7,016 $ 15,706 $ — $ 64,648 II. For the Three Months Ended June 30, 2015 Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 13,807 $ 6,932 $ 1,894 $ — $ — $ — $ 22,633 Infrastructure revenues — — — 5,373 5,558 — 10,931 Total revenues 13,807 6,932 1,894 5,373 5,558 — 33,564 Expenses Operating expenses 377 390 117 9,501 7,215 — 17,600 General and administrative — — — — — 1,989 1,989 Acquisition and transaction expenses — — — — — 1,598 1,598 Management fees and incentive allocation to affiliate — — — — — 3,485 3,485 Depreciation and amortization 5,396 1,489 — 3,461 419 — 10,765 Interest expense — 952 625 3,019 161 — 4,757 Total expenses 5,773 2,831 742 15,981 7,795 7,072 40,194 Other income (expense) Equity in losses of unconsolidated entities — — 1,225 — — — 1,225 Gain on sale of equipment, net 284 — — — 4 — 288 Interest income (expense) — 114 — 2 — — 116 Other income — — (2 ) (1 ) — — (3 ) Total other income (expense) 284 114 1,223 1 4 — 1,626 Income (loss) before income taxes 8,318 4,215 2,375 (10,607 ) (2,233 ) (7,072 ) (5,004 ) Provision for income taxes 198 — 19 49 — — 266 Net income (loss) 8,120 4,215 2,356 (10,656 ) (2,233 ) (7,072 ) (5,270 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 189 — (4,545 ) (79 ) 2 (4,433 ) Net income (loss) attributable to shareholders $ 8,120 $ 4,026 $ 2,356 $ (6,111 ) $ (2,154 ) $ (7,074 ) $ (837 ) The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 8,288 $ 4,026 $ 2,376 $ (5,741 ) $ (1,928 ) $ (5,452 ) $ 1,569 Add: Non-controlling share of adjustments to Adjusted Net Income 326 Add: Equity in earnings of unconsolidated entities 1,225 Add: Cash payments for income taxes 313 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (1,225 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (1 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,598 ) Less: Equity-based compensation expense (1,180 ) Less: Provision for income taxes (266 ) Net loss attributable to shareholders $ (837 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,682 $ — $ — $ — $ — $ — $ 2,682 Asia 5,768 1,866 1,349 — — — 8,983 Europe 4,620 4,635 — — — — 9,255 North America 613 431 545 5,373 5,558 — 12,520 South America 124 — — — — — 124 Total revenues $ 13,807 $ 6,932 $ 1,894 $ 5,373 $ 5,558 $ — $ 33,564 III. For the Six months ended June 30, 2015 Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 28,052 $ 13,799 $ 3,820 $ — $ — $ — $ 45,671 Infrastructure revenues — — — 10,019 11,847 — 21,866 Total revenues 28,052 13,799 3,820 10,019 11,847 — 67,537 Expenses Operating expenses 715 961 170 16,174 14,299 — 32,319 General and administrative — — — — — 2,337 2,337 Acquisition and transaction expenses — — — — — 1,966 1,966 Management fees and incentive allocation to affiliate — — — — — 5,899 5,899 Depreciation and amortization 10,652 2,978 — 6,769 928 — 21,327 Interest expense — 1,908 1,267 6,106 291 — 9,572 Total expenses 11,367 5,847 1,437 29,049 15,518 10,202 73,420 Other income (expense) Equity in losses of unconsolidated entities — — 2,466 — — — 2,466 Gain on sale of equipment, net 284 — — — 7 — 291 Interest income (expense) 8 253 — 42 — — 303 Other expense — — (9 ) — — — (9 ) Total other income 292 253 2,457 42 7 — 3,051 Income (loss) before income taxes 16,977 8,205 4,840 (18,988 ) (3,664 ) (10,202 ) (2,832 ) Provision for income taxes 412 — 35 49 — — 496 Net income (loss) 16,565 8,205 4,805 (19,037 ) (3,664 ) (10,202 ) (3,328 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 370 — (8,199 ) (112 ) 2 (7,939 ) Net income (loss) attributable to shareholders $ 16,565 $ 7,835 $ 4,805 $ (10,838 ) $ (3,552 ) $ (10,204 ) $ 4,611 The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 16,750 $ 7,835 $ 4,849 $ (9,956 ) $ (2,772 ) $ (8,214 ) $ 8,492 Add: Non-controlling share of adjustments to Adjusted Net Income 680 Add: Equity in earnings of unconsolidated entities 2,466 Add: Cash payments for income taxes 510 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (2,466 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (9 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,966 ) Less: Equity-based compensation expense (2,600 ) Less: Provision for income taxes (496 ) Net Income attributable to shareholders $ 4,611 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 5,798 $ — $ — $ — $ — $ — $ 5,798 Asia 11,756 3,710 2,727 — — — 18,193 Europe 9,146 9,248 — — — — 18,394 North America 1,093 841 1,093 10,019 11,847 — 24,893 South America 259 — — — — — 259 Total revenues $ 28,052 $ 13,799 $ 3,820 $ 10,019 $ 11,847 $ — $ 67,537 IV. Balance Sheet and location of long-lived assets The following tables sets forth summarized balance sheet information and the geographic location of property, plant and equipment and leasing equipment, net as of June 30, 2016 and December 31, 2015 : June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 497,801 $ 205,795 $ 10,082 $ 530,408 $ 41,148 $ 289,318 $ 1,574,552 Debt — 65,664 — 185,225 12,019 — 262,908 Total liabilities 59,324 68,435 — 199,959 26,307 5,579 359,604 Non-controlling interests in equity of consolidated subsidiaries 1,189 3,534 — 108,098 2,033 553 115,407 Total equity 438,477 137,360 10,082 330,449 14,841 283,739 1,214,948 Total liabilities and equity $ 497,801 $ 205,795 $ 10,082 $ 530,408 $ 41,148 $ 289,318 $ 1,574,552 June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 59,185 $ — $ — $ — $ — $ — $ 59,185 Asia 181,384 38,810 — — — — 220,194 Europe 182,281 133,884 — — — — 316,165 North America 41,325 — — 317,642 27,155 — 386,122 South America 639 — — — — — 639 Total property, plant and equipment and equipment held for lease, net $ 464,814 $ 172,694 $ — $ 317,642 $ 27,155 $ — $ 982,305 December 31, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 443,532 $ 213,946 $ 85,917 $ 483,346 $ 33,936 $ 384,128 $ 1,644,805 Debt — 68,673 45,778 142,835 8,935 — 266,221 Total liabilities 50,873 74,228 45,903 159,570 19,463 4,082 354,119 Non-controlling interests in equity of consolidated subsidiaries 899 7,692 — 113,514 1,714 584 124,403 Total equity 392,659 139,718 40,014 323,776 14,473 380,046 1,290,686 Total liabilities and equity $ 443,532 $ 213,946 $ 85,917 $ 483,346 $ 33,936 $ 384,128 $ 1,644,805 December 31, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 56,927 $ — $ — $ — $ — $ — $ 56,927 Asia 189,364 39,138 — — — — 228,502 Europe 130,632 135,442 — — — — 266,074 North America 37,950 — — 317,766 24,692 — 380,408 South America 4,448 — — — — — 4,448 Total property, plant and equipment and equipment held for lease, net $ 419,321 $ 174,580 $ — $ 317,766 $ 24,692 $ — $ 936,359

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings (loss) per share (“EPS”) is calculated by dividing net income (loss) attributable to the Company by the weighted average number of shares of common stock outstanding. Diluted EPS is calculated by dividing net income (loss) attributable to the Company by the weighted average number of shares of common stock outstanding, plus potentially dilutive securities. Potentially dilutive securities are calculated using the treasury stock method. The Company completed an IPO on May 20, 2015 in which its previous beneficial owners, the Fortress Worldwide Transportation and Infrastructure Investors LP and Fortress Worldwide Transportation and Infrastructure Offshore LP, immediately prior to the consummation of the IPO, received shares in proportion to their respective ownership percentages. As a result, the Company has retrospectively presented the shares outstanding for all prior periods presented. The calculation of basic and diluted EPS is presented below. Three Months Ended June 30, Six Months Ended June 30, (in thousands, except share and per share data) 2016 2015 2016 2015 Net income (loss) attributable to shareholders $ (11,193 ) $ (837 ) $ (16,975 ) $ 4,611 Weighted Average Shares Outstanding - Basic 75,730,165 62,879,023 75,728,717 58,216,849 Weighted Average Shares Outstanding - Diluted 75,730,165 62,879,023 75,728,717 58,216,918 Basic and Diluted EPS $ (0.15 ) $ (0.01 ) $ (0.22 ) $ 0.08 For the three and six months ended June 30, 2016 , 10,541 and 10,736 shares, respectively have been excluded from the calculation of Diluted EPS because the impact would be anti-dilutive.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES In the normal course of business the Company and its subsidiaries may be involved in various claims, legal proceedings, or may enter into contracts that contain a variety of representations and warranties and which provide general indemnifications. Within the Company’s Offshore Energy segment, a lessee has asserted that it is entitled to certain reimbursable expenses or adjustments per the terms of the related charter agreement. Although the Company believes it has strong defenses against these claims, the range of potential damages is $0 to $3,247 . No amount has been recorded for this matter in the Company's consolidated financial statements as of June 30, 2016 , and the Company will continue to vigorously defend against these claims. The Company’s maximum exposure under other arrangements is unknown as no additional claims have been made. The Company believes the risk of loss in connection with such arrangement is remote. Two of the Company’s subsidiaries are lessees under various operating and capital leases. Total rent expense for operating leases was $1,314 and $1,183 for the three months ended June 30, 2016 and 2015, respectively. Total rent expense for operating leases was $2,527 and $1,939 for the six months ended June 30, 2016 and 2015, respectively. As of June 30, 2016 , minimum future rental payments under operating and capital leases are as follows: 2016 $ 3,433 2017 6,307 2018 5,706 2019 5,281 2020 4,592 Thereafter 77,063 Total $ 102,382

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On July 1, 2016, the Company, through one of its subsidiaries, purchased the Repauno Delaware Port (“Repauno”) for a purchase price of $25 million , which consisted of primarily land, a storage cavern, and water rights. In conjunction with this acquisition, the Company entered into an arrangement with a third party, whereby the third party is entitled to a minority interest in Repauno and may receive payments upon the achievement of certain performance targets when and if these arrangements are achieved. On August 2, 2016, the Company’s Board of Directors declared a cash dividend on its common stock of $0.33 per share for the quarter ended June 30, 2016 , payable on August 29, 2016 to the holders of record on August 19, 2016.

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Accounting	The unaudited consolidated financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”) and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. The consolidated balance sheet at December 31, 2015 has been derived from audited financial statements but does not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair statement of the Company’s financial position, results of operations and cash flows have been included and are of a normal and recurring nature. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. The interim financial information contained herein should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2015 included in Form 10-K.
Principles of Consolidation	The Company consolidates all entities in which it has a controlling financial interest and in which it has control over significant operating decisions, as well as variable interest entities (“VIEs”) in which the Company is the primary beneficiary. All significant intercompany transactions and balances have been eliminated. The ownership interest of other investors in consolidated subsidiaries is recorded as non-controlling interest. The Company uses the equity method of accounting for investments in entities in which the Company exercises significant influence but which do not meet the requirements for consolidation. Under the equity method, the Company records its proportionate share of the underlying net income (loss) of these entities.
Variable Interest Entities	The assessment of whether an entity is a VIE and the determination of whether to consolidate a VIE requires judgment. VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. A VIE is required to be consolidated by its primary beneficiary, and only by its primary beneficiary, which is defined as the party who has the power to direct the activities of a VIE that most significantly impact its economic performance and who has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE.
Reclassifications	Certain prior period amounts have been reclassified to conform to current period presentation.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties	In the normal course of business, the Company encounters several significant types of economic risk including credit, market, and capital market risks. Credit risk is the risk of the inability or unwillingness of a lessee, customer, or derivative counterparty to make contractually required payments or to fulfill its other contractual obligations. Market risk reflects the risk of a downturn or volatility in the underlying industry segments in which the Company operates which could adversely impact the pricing of the services offered by the Company or a lessee’s or customer’s ability to make payments, increase the risk of unscheduled lease terminations and depress lease rates and the value of the Company’s leasing equipment or operating assets. Capital market risk is the risk that the Company is unable to obtain capital at reasonable rates to fund the growth of its business or to refinance existing debt facilities. The Company, through its subsidiaries, also conducts operations outside of the United States; such international operations are subject to the same risks as those associated with its United States operations as well as additional risks, including unexpected changes in regulatory requirements, heightened risk of political and economic instability, potentially adverse tax consequences and the burden of complying with foreign laws. The Company does not have significant exposure to foreign currency risk as all of its leasing arrangements, terminal services revenue and the majority of freight rail revenue are denominated in U.S. dollars.
Concentration of Credit Risk	The Company is subject to concentrations of credit risk with respect to amounts due from customers on its finance leases and operating leases. The Company attempts to limit its credit risk by performing ongoing credit evaluations. During the three and six months ended June 30, 2016 , the Company earned approximately 9.5% and 10.9% , respectively, of its revenue from one customer in the Jefferson Terminal segment. During the three and six months ended June 30, 2015 , the Company earned approximately 25.6% and 24.4% , respectively, of its revenue from one customer in the following segments; one each in offshore energy and Jefferson Terminal. As of June 30, 2016 , accounts receivable from two customers in the offshore segment each represented 22.2% and 21.6% of total accounts receivable, net. As of December 31, 2015, accounts receivable from two customers in the offshore segment each represented 27.1% and 25.4% of total accounts receivable, net. The Company maintains cash and restricted cash balances, which generally exceed federally insured limits, and subject the Company to credit risk, in high credit quality financial institutions. The Company monitors the financial condition of these institutions and has not experienced any losses associated with these accounts.
Provision for Doubtful Accounts	The Company determines the provision for doubtful accounts based on its assessment of the collectability of its receivables on a customer-by-customer basis.
Comprehensive Income (Loss)	Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances, excluding those resulting from investments by and distributions to owners. The Company’s comprehensive income (loss) represents net income (loss), as presented in the Consolidated Statements of Operations, adjusted for fair value changes related to derivatives accounted for as cash flow hedges and the Company’s pro-rata share of items of comprehensive income derived from investments in unconsolidated entities.
Derivative Financial Instruments	— In the normal course of business the Company may utilize interest rate derivatives to manage its exposure to interest rate risks, principally related to the hedging of variable rate interest payments on various debt facilities. If certain conditions are met, an interest rate derivative may be specifically designated as a cash flow hedge. In connection with its debt obligations, the Company had entered into one interest rate derivative designated as a cash flow hedge and one non-hedge derivative. The Company terminated both derivatives during the first quarter of 2016 when the related debt obligations were paid in full. For the interest rate derivative designated as a cash flow hedge, all remaining net gains or losses in accumulated other comprehensive income at the date of termination were reclassified into earnings during the six months ended June 30, 2016 . The Company does not enter into speculative derivative transactions.
Accounting Pronouncements	In February 2015, the FASB issued ASU 2015-02, Amendments to the Consolidation Analysis (“ASU 2015-02”). ASU 2015-02 amends the consolidation guidance for VIEs and general partners’ investments in limited partnerships and modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities. ASU 2015-02 is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The Company has adopted ASU 2015-02 as of January 1, 2016 and the adoption of this guidance did not have a material impact on the Company's consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The guidance is effective for reporting periods beginning after December 15, 2015 and interim periods within those fiscal years with early adoption permitted. ASU 2015-03 should be applied on a retrospective basis, wherein the balance sheet of each period presented should be adjusted to reflect the effects of adoption. The Company has adopted ASU 2015-03 as of January 1, 2016 and revised its consolidated balance sheets to present debt issuance costs as a direct deduction from debt rather than within other assets, for all periods presented. In August 2015, the FASB issued ASU No. 2015-15, Interest - Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated With Line-Of-Credit Arrangements (“ASU 2015-15”). ASU 2015-15 provides further guidance related to the presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. ASU 2015-15 allows companies to defer and present debt issuance costs as an asset or as a direct deduction from the carrying amount of that debt liability and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings of the line-of-credit arrangement. The guidance is effective for reporting periods beginning after December 15, 2015 and interim periods within those fiscal years with early adoption permitted. The Company has adopted ASU 2015-15 as of January 1, 2016 and revised its consolidated balance sheets to present debt issuance costs related to debt drawn under a line-of-credit arrangements as a direct deduction from debt rather than within other assets, for all periods presented. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations- Simplifying the Accounting for Measurement-Period Adjustments (“ASU 2015-16”) . ASU 2015-16 requires an acquirer in a business combination to recognize adjustments to the initial purchase accounting that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The amendments in this update require that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. ASU No. 2015-16 is effective for annual and interim reporting periods beginning after December 15, 2015. The Company has adopted ASU 2015-16 as of January 1, 2016 and the adoption of this guidance did not have a material impact on the Company's consolidated financial statements. Unadopted Accounting Pronouncements —In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU-2014-09”) which provides a single comprehensive model for recognizing revenue from contracts with customers and supersedes existing revenue recognition guidance. The new standard requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. Companies will need to use more judgment and estimates than under the guidance currently in effect, including estimating the amount of variable revenue to recognize over each identified performance obligation. Additional disclosures will be required to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, to defer the effective date of ASU 2014-09 by one year, making it effective for annual reporting periods beginning after December 15, 2017 while also providing for early adoption but not before the original effective date. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory” (Topic 330) (“ASU 2015-11”), which simplifies the measurement of inventory by requiring certain inventory to be measured at the “lower of cost and net realizable value” and the previous parameters for “market value” will be eliminated. ASU 2015-11 defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” The standard will be effective for fiscal years beginning after December 15, 2016, with earlier adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). ASU 2016-01 requires (i) equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, to be measured at fair value with changes in fair value recognized in net income, (ii) public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, and (iii) separate presentation of financial assets and financial liabilities by measurement category and form of financial asset. ASU 2016-01 also eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. The pronouncement is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU 2016-02 will be effective beginning in the first quarter of 2019, with early adoption permitted. ASU 2016-02 requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-06, Contingent put and call options in debt instruments ("ASU 2016-06"). ASU 2016-06 simplifies the embedded derivative analysis for debt instruments containing contingent call or put options. ASU 2016-06 will be effective fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Consideration (Reporting Revenue Gross versus Net) ("ASU 2016-08"). ASU 2016-08 clarifies how an entity should identify the unit of accounting for the principal versus agent evaluation, how it should apply the control principle to certain types of arrangements, and provides indicators of when an entity controls the good or service and is acting as principal. ASU 2016-08 will be effective beginning in the first quarter of 2018, with early adoption permitted in the first quarter of 2017. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 requires the income tax effects of awards to be recognized in the income statement when the awards vest or are settled, increases the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification, and allow recognizing forfeitures of awards as they occur. ASU 2016-09 will be effective beginning in the first quarter of 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In April 2016, the FASB issued ASU 2016-10, Revenue from contracts with customers (Topic 606): Identifying performance obligations and licensing. ASU 2016-10 clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in the new revenue recognition standard. The Update includes targeted improvements based on input the Board received from the Transition Resource Group for Revenue Recognition and other stakeholders. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements in Topic 606 (and any other Topic amended by ASU 2014-09). ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-16 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2016, the FASB issued ASU 2016-12, Revenue from contracts with customers (Topic 606): Narrow-scope improvements and practical expedients. ASU 2016-12 addresses narrow-scope improvements to the guidance on collectability, noncash consideration, and completed contracts at transition. Additionally, the amendments in this ASU provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The effective date and transition requirements for the amendments in this Update are the same as the effective date and transition requirements in Topic 606 (and any other Topic amended by ASU 2014-09). ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , defers the effective date of Update 2014-09 by one year. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. For assets held at amortized cost basis, ASU 2016-13 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available for sale debt securities, credit losses should be measured in a manner similar to current GAAP, however this ASU requires that credit losses be presented as an allowance rather than as a write-down. This ASU affects entities holding financial assets and net investment in leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2016-13 will be effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements.

LEASING EQUIPMENT, NET (Tables)

LEASING EQUIPMENT, NET (Tables)	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Summary of Leasing Equipment	Leasing equipment, net is summarized as follows: June 30, 2016 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 511,072 $ 185,656 $ 44,326 $ 741,054 Less: Accumulated depreciation (46,258 ) (12,962 ) (2,100 ) (61,320 ) Leasing equipment, net $ 464,814 $ 172,694 $ 42,226 $ 679,734 December 31, 2015 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 452,602 $ 184,284 $ 44,326 $ 681,212 Less: Accumulated depreciation (33,281 ) (9,704 ) (1,546 ) (44,531 ) Leasing equipment, net $ 419,321 $ 174,580 $ 42,780 $ 636,681

FINANCE LEASES, NET (Tables)

FINANCE LEASES, NET (Tables)	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Schedule of Capital Leases, Lessor Balance Sheet	Finance leases, net are summarized as follows: June 30, 2016 December 31, 2015 Offshore Energy Offshore Energy Shipping Containers Total Finance leases $ 19,035 $ 20,037 $ 82,332 $ 102,369 Unearned revenue (9,107 ) (9,915 ) (9,933 ) (19,848 ) Finance leases, net $ 9,928 $ 10,122 $ 72,399 $ 82,521
Schedule of Future Minimum Lease Payments for Capital Leases	As of June 30, 2016 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2016 $ 1,011 2017 2,008 2018 2,008 2019 2,008 2020 2,013 Thereafter 9,987 Total $ 19,035

PROPERTY, PLANT AND EQUIPMENT28

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, plant and equipment, net is summarized as follows: June 30, 2016 Railroad Jefferson Terminal Total Land and site improvements $ 5,478 $ 14,074 $ 19,552 Construction in progress 3,368 35,539 38,907 Buildings and improvements 557 2,193 2,750 Crude oil terminal machinery and equipment — 236,002 236,002 Track and track related assets 17,433 — 17,433 Railroad equipment 770 — 770 Railcars and locomotives 2,455 — 2,455 Computer hardware and software 133 34 167 Furniture and fixtures 121 289 410 Vehicles 845 99 944 31,160 288,230 319,390 Less: Accumulated depreciation (4,004 ) (15,646 ) (19,650 ) Spare parts — 2,831 2,831 Property, plant and equipment, net $ 27,156 $ 275,415 $ 302,571 December 31, 2015 Railroad Jefferson Terminal Total Land and site improvements $ 5,478 $ 14,014 $ 19,492 Construction in progress 893 55,034 55,927 Buildings and improvements 557 2,193 2,750 Crude oil terminal machinery and equipment — 210,857 210,857 Track and track related assets 17,159 — 17,159 Railroad equipment 1,050 — 1,050 Railcars and locomotives 1,720 — 1,720 Computer hardware and software 118 34 152 Furniture and fixtures 121 289 410 Vehicles 503 44 547 27,599 282,465 310,064 Less: Accumulated depreciation (2,907 ) (10,308 ) (13,215 ) Spare parts — 2,829 2,829 Property, plant and equipment, net $ 24,692 $ 274,986 $ 299,678

INVESTMENTS IN UNCONSOLIDATED29

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables)	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Revenue Total revenues $ 3,060 $ 4,176 $ 6,461 $ 8,494 Expenses Operating expenses 193 233 423 426 General and administrative 372 212 675 373 Depreciation and amortization 1,669 602 3,463 1,199 Interest expense 506 815 1,297 1,858 Total expenses 2,740 1,862 5,858 3,856 Other income (loss) Loss on disposal of equipment (948 ) (51 ) (1,127 ) (51 ) Other income — 34 — 34 Total other loss (948 ) (17 ) (1,127 ) (17 ) Net (loss) income (628 ) 2,297 (524 ) 4,621 Comprehensive (loss) income $ (628 ) $ 2,297 $ (524 ) $ 4,621 Company's equity in (losses) earnings $ (259 ) $ 1,225 $ (174 ) $ 2,466 June 30, December 31, 2016 2015 Assets Cash and cash equivalents $ 3,941 $ 4,796 Restricted cash 2,342 2,117 Accounts receivable 1,013 1,153 Other receivables 1,917 — Leasing equipment, net of accumulated depreciation of $9,576 and $7,305, respectively 39,476 47,735 Finance leases, net 25,158 34,261 Other assets 3 31 Total assets $ 73,850 $ 90,093 Liabilities Accounts payable and accrued liabilities 112 154 Syndication liabilities 2,210 3,201 Debt, net 68,790 82,991 Other liabilities 414 458 Total liabilities 71,526 86,804 Members’ Equity Members’ equity 2,324 3,289 Total members’ equity 2,324 3,289 Total liabilities and members’ equity $ 73,850 $ 90,093 Company’s investment in and advances to unconsolidated entities $ 9,976 $ 10,675

INTANGIBLE ASSETS AND LIABILI30

INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)	6 Months Ended
	Jun. 30, 2016
Intangible Assets and Liabilities Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets and Liabilities	The Company’s intangible assets and liabilities, net are summarized as follows: June 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 24,241 $ — $ — $ 24,241 Less: Accumulated amortization (13,656 ) — — (13,656 ) Acquired favorable lease intangibles, net 10,585 — — 10,585 Customer relationships — 35,514 225 35,739 Less: Accumulated amortization — (6,495 ) (97 ) (6,592 ) Acquired customer relationships, net — 29,019 128 29,147 Total intangible assets, net $ 10,585 $ 29,019 $ 128 $ 39,732 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (399 ) — — (399 ) Acquired unfavorable lease intangibles, net $ 1,107 $ — $ — $ 1,107 December 31, 2015 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 22,881 $ — $ — $ 22,881 Less: Accumulated amortization (9,697 ) — — (9,697 ) Acquired favorable lease intangibles, net 13,184 — — 13,184 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (4,718 ) (75 ) (4,793 ) Acquired customer relationships, net — 30,795 150 30,945 Total intangible assets, net $ 13,184 $ 30,795 $ 150 $ 44,129 Intangible liabilities Acquired unfavorable lease intangibles $ 1,171 $ — $ — $ 1,171 Less: Accumulated amortization (151 ) — — (151 ) Acquired unfavorable lease intangibles, net $ 1,020 $ — $ — $ 1,020
Schedule of Below Market Leases	The Company’s intangible assets and liabilities, net are summarized as follows: June 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 24,241 $ — $ — $ 24,241 Less: Accumulated amortization (13,656 ) — — (13,656 ) Acquired favorable lease intangibles, net 10,585 — — 10,585 Customer relationships — 35,514 225 35,739 Less: Accumulated amortization — (6,495 ) (97 ) (6,592 ) Acquired customer relationships, net — 29,019 128 29,147 Total intangible assets, net $ 10,585 $ 29,019 $ 128 $ 39,732 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (399 ) — — (399 ) Acquired unfavorable lease intangibles, net $ 1,107 $ — $ — $ 1,107 December 31, 2015 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 22,881 $ — $ — $ 22,881 Less: Accumulated amortization (9,697 ) — — (9,697 ) Acquired favorable lease intangibles, net 13,184 — — 13,184 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (4,718 ) (75 ) (4,793 ) Acquired customer relationships, net — 30,795 150 30,945 Total intangible assets, net $ 13,184 $ 30,795 $ 150 $ 44,129 Intangible liabilities Acquired unfavorable lease intangibles $ 1,171 $ — $ — $ 1,171 Less: Accumulated amortization (151 ) — — (151 ) Acquired unfavorable lease intangibles, net $ 1,020 $ — $ — $ 1,020
Schedule of Intangible Liabilities	Intangible liabilities relate to unfavorable lease intangibles and are included as a component of other liabilities in the accompanying Consolidated Balance Sheets. Amortization of intangible assets and liabilities is recorded in the Consolidated Statements of Operations as follows: Classification in Consolidated Statements of Operations Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Lease intangibles Equipment leasing revenues $ 1,576 $ 1,697 $ 3,154 $ 3,793 Customer relationships Depreciation and amortization 900 898 1,799 1,793 Total $ 2,476 $ 2,595 $ 4,953 $ 5,586
Schedule of Net Annual Amortization of Intangibles	As of June 30, 2016 , estimated net annual amortization of intangibles is as follows: Total 2016 $ 4,419 2017 6,953 2018 6,138 2019 4,496 2020 3,592 Thereafter 13,027 Total $ 38,625

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	bt, net is summarized as follows: June 30, 2016 December 31, 2015 Loans payable Container Loan #1 $ — $ 34,761 Container Loan #2 — 11,338 FTAI Pride Credit Agreement 64,062 67,188 CMQR Credit Agreement 12,625 9,407 Jefferson Terminal Credit Agreement — 98,750 Total loans payable 76,687 221,444 Bonds payable Series 2012 Bonds (including unamortized premium of $1,724 and $1,751 at June 30, 2016 and December 31, 2015, respectively) 47,234 47,261 Series 2016 Bonds 144,200 — Total bonds payable 191,434 47,261 Note payable to non-controlling interest Note payable to non-controlling interest 2,352 2,352 Total note payable to non-controlling interest 2,352 2,352 Debt 270,473 271,057 Less: Debt issuance costs (7,565 ) (4,836 ) Total debt, net $ 262,908 $ 266,221 Total debt due within one year $ 8,343 $ 24,791

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following tables set forth the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 , by level within the fair value hierarchy. Assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of June 30, 2016 June 30, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 276,208 $ 276,208 $ — $ — Market Restricted cash 69,614 69,614 — — Market Total $ 345,822 $ 345,822 $ — $ — Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of December 31, 2015 December 31, 2015 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 381,703 $ 381,703 $ — $ — Market Restricted cash 21,610 21,610 — — Market Derivative assets 101 — 101 — Income Total $ 403,414 $ 403,313 $ 101 $ —

REVENUES (Tables)

REVENUES (Tables)	6 Months Ended
	Jun. 30, 2016
Revenue Disclosure [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Components of revenue are as follows: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 14,750 $ 580 $ — $ — $ — $ 15,330 Maintenance revenue 6,285 — — — — 6,285 Finance lease income — 399 — — — 399 Other revenue 312 — 25 — — 337 Total equipment leasing revenues 21,347 979 25 — — 22,351 Infrastructure revenues Lease income — — — — — — Rail revenues — — — — 7,707 7,707 Terminal services revenues — — — 3,137 — 3,137 Total infrastructure revenues — — — 3,137 7,707 10,844 Total revenues $ 21,347 $ 979 $ 25 $ 3,137 $ 7,707 $ 33,195 Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 9,808 $ 6,337 $ — $ — $ — $ 16,145 Maintenance revenue 3,999 — — — — 3,999 Finance lease income — 419 1,869 — — 2,288 Other revenue — 176 25 — — 201 Total equipment leasing revenues 13,807 6,932 1,894 — — 22,633 Infrastructure revenues Lease income — — — 1,410 — 1,410 Rail revenues — — — — 5,558 5,558 Terminal services revenues — — — 3,963 — 3,963 Total infrastructure revenues — — — 5,373 5,558 10,931 Total revenues $ 13,807 $ 6,932 $ 1,894 $ 5,373 $ 5,558 $ 33,564 Six Months Ended June 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 27,597 $ 655 $ — $ — $ — $ 28,252 Maintenance revenue 11,391 — — — — 11,391 Finance lease income — 809 1,112 — — 1,921 Other revenue 312 — 50 — — 362 Total equipment leasing revenues 39,300 1,464 1,162 — — 41,926 Infrastructure revenues Lease income — — — — — — Rail revenues — — — — 15,706 15,706 Terminal services revenues — — — 7,016 — 7,016 Total infrastructure revenues — — — 7,016 15,706 22,722 Total revenues $ 39,300 $ 1,464 $ 1,162 $ 7,016 $ 15,706 $ 64,648 Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Total Equipment leasing revenues Lease income $ 19,547 $ 12,603 $ — $ — $ — $ 32,150 Maintenance revenue 7,385 — — — — 7,385 Finance lease income — 829 3,770 — — 4,599 Other revenue 1,120 367 50 — — 1,537 Total equipment leasing revenues 28,052 13,799 3,820 — — 45,671 Infrastructure revenues Lease income — — — 2,820 — 2,820 Rail revenues — — — — 11,847 11,847 Terminal services revenues — — — 7,199 — 7,199 Total infrastructure revenues — — — 10,019 11,847 21,866 Total revenues $ 28,052 $ 13,799 $ 3,820 $ 10,019 $ 11,847 $ 67,537
Schedule of Future Minimum Rental Payments for Operating Leases	Minimum future annual revenues contracted to be received under existing operating leases of equipment as of June 30, 2016 are as follows: Total 2016 $ 34,165 2017 55,186 2018 39,567 2019 20,456 2020 9,808 Thereafter 4,595 Total $ 163,777 2016 $ 3,433 2017 6,307 2018 5,706 2019 5,281 2020 4,592 Thereafter 77,063 Total $ 102,382

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Information on equity based compensation as of June 30, 2016 is as follows: Stock Options (in thousands except share and per share data) Options Weighted-Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Stock options outstanding at January 1, 2016 15,000 $ 16.98 Granted Exercised — Forfeited and canceled — Stock options outstanding and exercisable as of June 30, 2016 15,000 $ 16.98 8.91 $ —
Schedule of Stock-based Compensation Arrangements	The Company's Statements of Operations includes the following expense (income) related to its stock-based compensation arrangements: Three Months Ended June 30, Six Months Ended June 30, Remaining Expense To Be Recognized, If All Vesting Conditions Are Met 2016 2015 2016 2015 Stock Options $ — $ 24 $ — $ 24 $ — Restricted Shares — 919 (4,168 ) 1,772 23,879 Common Units 118 237 322 804 145 Total $ 118 $ 1,180 $ (3,846 ) $ 2,600 $ 24,024

INCOME TAXES INCOME TAXES (Tabl

INCOME TAXES INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The current and deferred components of the income tax expense (benefit) included in the Consolidated Statements of Operations are as follows: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current: Federal $ 143 $ 20 $ 162 $ 49 State and local 9 43 40 51 Foreign 15 124 26 239 Total current provision 167 187 228 339 Deferred: Federal (4 ) 29 1 44 State and local 1 2 1 1 Foreign 14 48 (118 ) 112 Total deferred provision 11 79 (116 ) 157 Total provision for income taxes $ 178 $ 266 $ 112 $ 496

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	II. For the Six months ended June 30, 2016 Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 39,300 $ 1,464 $ 1,162 $ — $ — $ — $ 41,926 Infrastructure revenues — — — 7,016 15,706 — 22,722 Total revenues 39,300 1,464 1,162 7,016 15,706 — 64,648 Expenses Operating expenses 1,983 6,002 42 9,386 14,490 6 31,909 General and administrative — — — — — 5,949 5,949 Acquisition and transaction expenses — — — 291 — 2,643 2,934 Management fees and incentive allocation to affiliate — — — — — 8,579 8,579 Depreciation and amortization 15,931 3,258 — 7,669 1,060 — 27,918 Interest expense — 1,871 410 7,788 354 — 10,423 Total expenses 17,914 11,131 452 25,134 15,904 17,177 87,712 Other income (expense) Equity in losses of unconsolidated entities — — (174 ) — — — (174 ) Gain on sale of equipment, net 2,717 — 304 — 246 — 3,267 Loss on extinguishment of debt — — — (1,579 ) — — (1,579 ) Asset impairment — (7,450 ) — — — — (7,450 ) Interest income (expense) 3 5 — (127 ) — — (119 ) Other income (expense) — — (2 ) 100 — — 98 Total other income (expense) 2,720 (7,445 ) 128 (1,606 ) 246 — (5,957 ) Income (loss) before income taxes 24,106 (17,112 ) 838 (19,724 ) 48 (17,177 ) (29,021 ) Provision for income taxes 88 — (13 ) 35 — 2 112 Net income (loss) 24,018 (17,112 ) 851 (19,759 ) 48 (17,179 ) (29,133 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 290 (4,158 ) — (8,281 ) (3 ) (6 ) (12,158 ) Net income (loss) attributable to shareholders $ 23,728 $ (12,954 ) $ 851 $ (11,478 ) $ 51 $ (17,173 ) $ (16,975 ) Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 13,807 $ 6,932 $ 1,894 $ — $ — $ — $ 22,633 Infrastructure revenues — — — 5,373 5,558 — 10,931 Total revenues 13,807 6,932 1,894 5,373 5,558 — 33,564 Expenses Operating expenses 377 390 117 9,501 7,215 — 17,600 General and administrative — — — — — 1,989 1,989 Acquisition and transaction expenses — — — — — 1,598 1,598 Management fees and incentive allocation to affiliate — — — — — 3,485 3,485 Depreciation and amortization 5,396 1,489 — 3,461 419 — 10,765 Interest expense — 952 625 3,019 161 — 4,757 Total expenses 5,773 2,831 742 15,981 7,795 7,072 40,194 Other income (expense) Equity in losses of unconsolidated entities — — 1,225 — — — 1,225 Gain on sale of equipment, net 284 — — — 4 — 288 Interest income (expense) — 114 — 2 — — 116 Other income — — (2 ) (1 ) — — (3 ) Total other income (expense) 284 114 1,223 1 4 — 1,626 Income (loss) before income taxes 8,318 4,215 2,375 (10,607 ) (2,233 ) (7,072 ) (5,004 ) Provision for income taxes 198 — 19 49 — — 266 Net income (loss) 8,120 4,215 2,356 (10,656 ) (2,233 ) (7,072 ) (5,270 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 189 — (4,545 ) (79 ) 2 (4,433 ) Net income (loss) attributable to shareholders $ 8,120 $ 4,026 $ 2,356 $ (6,111 ) $ (2,154 ) $ (7,074 ) $ (837 ) The following tables set forth certain information for each reportable segment of the Company: I. For the Three Months Ended June 30, 2016 Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 21,347 $ 979 $ 25 $ — $ — $ — $ 22,351 Infrastructure revenues — — — 3,137 7,707 — 10,844 Total revenues 21,347 979 25 3,137 7,707 — 33,195 Expenses Operating expenses 1,166 2,401 12 6,698 7,268 6 17,551 General and administrative — — — — — 3,361 3,361 Acquisition and transaction expenses — — — 291 — 1,584 1,875 Management fees and incentive allocation to affiliate — — — — — 4,231 4,231 Depreciation and amortization 8,504 1,670 — 3,993 534 — 14,701 Interest expense — 936 — 3,984 200 — 5,120 Total expenses 9,670 5,007 12 14,966 8,002 9,182 46,839 Other income (expense) Equity in losses of unconsolidated entities — — (259 ) — — — (259 ) Gain on sale of equipment, net 1,509 — — — 36 — 1,545 Loss on extinguishment of debt — — — — — — — Asset impairment — (7,450 ) — — — — (7,450 ) Interest income (expense) 2 3 — (133 ) — — (128 ) Other income — — — 58 — — 58 Total other income (expense) 1,511 (7,447 ) (259 ) (75 ) 36 — (6,234 ) Income (loss) before income taxes 13,188 (11,475 ) (246 ) (11,904 ) (259 ) (9,182 ) (19,878 ) Provision for income taxes 185 — (9 ) — — 2 178 Net income (loss) 13,003 (11,475 ) (237 ) (11,904 ) (259 ) (9,184 ) (20,056 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 193 (3,911 ) — (5,125 ) (16 ) (4 ) (8,863 ) Net income (loss) attributable to shareholders $ 12,810 $ (7,564 ) $ (237 ) $ (6,779 ) $ (243 ) $ (9,180 ) $ (11,193 ) III. For the Six months ended June 30, 2015 Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 28,052 $ 13,799 $ 3,820 $ — $ — $ — $ 45,671 Infrastructure revenues — — — 10,019 11,847 — 21,866 Total revenues 28,052 13,799 3,820 10,019 11,847 — 67,537 Expenses Operating expenses 715 961 170 16,174 14,299 — 32,319 General and administrative — — — — — 2,337 2,337 Acquisition and transaction expenses — — — — — 1,966 1,966 Management fees and incentive allocation to affiliate — — — — — 5,899 5,899 Depreciation and amortization 10,652 2,978 — 6,769 928 — 21,327 Interest expense — 1,908 1,267 6,106 291 — 9,572 Total expenses 11,367 5,847 1,437 29,049 15,518 10,202 73,420 Other income (expense) Equity in losses of unconsolidated entities — — 2,466 — — — 2,466 Gain on sale of equipment, net 284 — — — 7 — 291 Interest income (expense) 8 253 — 42 — — 303 Other expense — — (9 ) — — — (9 ) Total other income 292 253 2,457 42 7 — 3,051 Income (loss) before income taxes 16,977 8,205 4,840 (18,988 ) (3,664 ) (10,202 ) (2,832 ) Provision for income taxes 412 — 35 49 — — 496 Net income (loss) 16,565 8,205 4,805 (19,037 ) (3,664 ) (10,202 ) (3,328 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 370 — (8,199 ) (112 ) 2 (7,939 ) Net income (loss) attributable to shareholders $ 16,565 $ 7,835 $ 4,805 $ (10,838 ) $ (3,552 ) $ (10,204 ) $ 4,611
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 12,977 $ (3,839 ) $ (309 ) $ (6,519 ) $ (130 ) $ (7,594 ) $ (5,414 ) Add: Non-controlling share of adjustments to Adjusted Net Income 3,710 Add: Equity in earnings of unconsolidated entities (259 ) Add: Cash payments for income taxes 69 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 322 Less: Asset impairment charges (7,450 ) Less: Changes in fair value of non-hedge derivative instruments — Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,875 ) Less: Equity-based compensation expense (118 ) Less: Provision for income taxes (178 ) Net loss attributable to shareholders $ (11,193 ) The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 16,750 $ 7,835 $ 4,849 $ (9,956 ) $ (2,772 ) $ (8,214 ) $ 8,492 Add: Non-controlling share of adjustments to Adjusted Net Income 680 Add: Equity in earnings of unconsolidated entities 2,466 Add: Cash payments for income taxes 510 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (2,466 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (9 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,966 ) Less: Equity-based compensation expense (2,600 ) Less: Provision for income taxes (496 ) Net Income attributable to shareholders $ 4,611 The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 23,452 $ (9,229 ) $ 778 $ (12,776 ) $ 360 $ (14,532 ) $ (11,947 ) Add: Non-controlling share of adjustments to Adjusted Net Income 2,721 Add: Equity in earnings of unconsolidated entities (174 ) Add: Cash payments for income taxes 420 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 237 Less: Asset impairment charges (7,450 ) Less: Changes in fair value of non-hedge derivative instruments (3 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations (1,579 ) Less: Acquisition and transaction expenses (2,934 ) Less: Equity-based compensation expense 3,846 Less: Provision for income taxes (112 ) Net loss attributable to shareholders $ (16,975 ) The following table sets forth a reconciliation of Adjusted Net Income to net income attributable to shareholders: Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 8,288 $ 4,026 $ 2,376 $ (5,741 ) $ (1,928 ) $ (5,452 ) $ 1,569 Add: Non-controlling share of adjustments to Adjusted Net Income 326 Add: Equity in earnings of unconsolidated entities 1,225 Add: Cash payments for income taxes 313 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (1,225 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (1 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,598 ) Less: Equity-based compensation expense (1,180 ) Less: Provision for income taxes (266 ) Net loss attributable to shareholders $ (837 )
Revenue from External Customers by Geographic Areas	Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,682 $ — $ — $ — $ — $ — $ 2,682 Asia 5,768 1,866 1,349 — — — 8,983 Europe 4,620 4,635 — — — — 9,255 North America 613 431 545 5,373 5,558 — 12,520 South America 124 — — — — — 124 Total revenues $ 13,807 $ 6,932 $ 1,894 $ 5,373 $ 5,558 $ — $ 33,564 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Six Months Ended June 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 5,798 $ — $ — $ — $ — $ — $ 5,798 Asia 11,756 3,710 2,727 — — — 18,193 Europe 9,146 9,248 — — — — 18,394 North America 1,093 841 1,093 10,019 11,847 — 24,893 South America 259 — — — — — 259 Total revenues $ 28,052 $ 13,799 $ 3,820 $ 10,019 $ 11,847 $ — $ 67,537 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,868 $ — $ — $ — $ — $ — $ 2,868 Asia 9,693 408 25 — — — 10,126 Europe 6,532 173 — — — — 6,705 North America 1,641 398 — 3,137 7,707 — 12,883 South America 613 — — — — — 613 Total revenues $ 21,347 $ 979 $ 25 $ 3,137 $ 7,707 $ — $ 33,195 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Six months ended June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 5,647 $ — $ — $ — $ — $ — $ 5,647 Asia 19,076 408 833 — — — 20,317 Europe 11,498 248 — — — — 11,746 North America 2,101 808 329 7,016 15,706 — 25,960 South America 978 — — — — — 978 Total revenues $ 39,300 $ 1,464 $ 1,162 $ 7,016 $ 15,706 $ — $ 64,648
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	December 31, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 443,532 $ 213,946 $ 85,917 $ 483,346 $ 33,936 $ 384,128 $ 1,644,805 Debt — 68,673 45,778 142,835 8,935 — 266,221 Total liabilities 50,873 74,228 45,903 159,570 19,463 4,082 354,119 Non-controlling interests in equity of consolidated subsidiaries 899 7,692 — 113,514 1,714 584 124,403 Total equity 392,659 139,718 40,014 323,776 14,473 380,046 1,290,686 Total liabilities and equity $ 443,532 $ 213,946 $ 85,917 $ 483,346 $ 33,936 $ 384,128 $ 1,644,805 December 31, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 56,927 $ — $ — $ — $ — $ — $ 56,927 Asia 189,364 39,138 — — — — 228,502 Europe 130,632 135,442 — — — — 266,074 North America 37,950 — — 317,766 24,692 — 380,408 South America 4,448 — — — — — 4,448 Total property, plant and equipment and equipment held for lease, net $ 419,321 $ 174,580 $ — $ 317,766 $ 24,692 $ — $ 936,359 The following tables sets forth summarized balance sheet information and the geographic location of property, plant and equipment and leasing equipment, net as of June 30, 2016 and December 31, 2015 : June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 497,801 $ 205,795 $ 10,082 $ 530,408 $ 41,148 $ 289,318 $ 1,574,552 Debt — 65,664 — 185,225 12,019 — 262,908 Total liabilities 59,324 68,435 — 199,959 26,307 5,579 359,604 Non-controlling interests in equity of consolidated subsidiaries 1,189 3,534 — 108,098 2,033 553 115,407 Total equity 438,477 137,360 10,082 330,449 14,841 283,739 1,214,948 Total liabilities and equity $ 497,801 $ 205,795 $ 10,082 $ 530,408 $ 41,148 $ 289,318 $ 1,574,552
Long-lived Assets by Geographic Areas	December 31, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 56,927 $ — $ — $ — $ — $ — $ 56,927 Asia 189,364 39,138 — — — — 228,502 Europe 130,632 135,442 — — — — 266,074 North America 37,950 — — 317,766 24,692 — 380,408 South America 4,448 — — — — — 4,448 Total property, plant and equipment and equipment held for lease, net $ 419,321 $ 174,580 $ — $ 317,766 $ 24,692 $ — $ 936,359 June 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 59,185 $ — $ — $ — $ — $ — $ 59,185 Asia 181,384 38,810 — — — — 220,194 Europe 182,281 133,884 — — — — 316,165 North America 41,325 — — 317,642 27,155 — 386,122 South America 639 — — — — — 639 Total property, plant and equipment and equipment held for lease, net $ 464,814 $ 172,694 $ — $ 317,642 $ 27,155 $ — $ 982,305

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The calculation of basic and diluted EPS is presented below. Three Months Ended June 30, Six Months Ended June 30, (in thousands, except share and per share data) 2016 2015 2016 2015 Net income (loss) attributable to shareholders $ (11,193 ) $ (837 ) $ (16,975 ) $ 4,611 Weighted Average Shares Outstanding - Basic 75,730,165 62,879,023 75,728,717 58,216,849 Weighted Average Shares Outstanding - Diluted 75,730,165 62,879,023 75,728,717 58,216,918 Basic and Diluted EPS $ (0.15 ) $ (0.01 ) $ (0.22 ) $ 0.08

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Minimum future annual revenues contracted to be received under existing operating leases of equipment as of June 30, 2016 are as follows: Total 2016 $ 34,165 2017 55,186 2018 39,567 2019 20,456 2020 9,808 Thereafter 4,595 Total $ 163,777 2016 $ 3,433 2017 6,307 2018 5,706 2019 5,281 2020 4,592 Thereafter 77,063 Total $ 102,382

ORGANIZATION (Details)

ORGANIZATION (Details)	6 Months Ended
	Jun. 30, 2016segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	5
Number of primary businesses	2

SUMMARY OF SIGNIFICANT ACCOUN40

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)customerlesseederivative_instrument$ / shares	Jun. 30, 2015USD ($)$ / shares	Jun. 30, 2016USD ($)customerderivative_instrument$ / shares	Jun. 30, 2015USD ($)$ / shares	Dec. 31, 2015USD ($)customer
Variable Interest Entities [Abstract]
Restricted cash	$ 69,614,000		$ 69,614,000		$ 21,610,000
Provision for doubtful accounts	383,000		383,000		392,000
Bad debt expense	23,000	$ 155,000	55,000	$ 159,000
Reclassification adjustments impacting accumulated other comprehensive income	$ 0	$ 35,000	$ 97,000	$ 72,000
Common stock dividends declared (in dollars per share) | $ / shares	$ 0.33	$ 0.15	$ 0.66	$ 0.15
Other Assets
Variable Interest Entities [Abstract]
Accounts and Notes Receivable, Net	$ 21,428,000		$ 21,428,000		19,468,000
Leasing Equipment, Purchase Deposits	503,000		503,000		7,450,000
Capitalized Costs, Potential Asset Acquisitions	9,268,000		9,268,000		5,473,000
Prepaid Expense	2,968,000		2,968,000		1,818,000
Other Receivables	11,417,000		11,417,000		$ 0
Energy Related Inventory, Crude Oil and Natural Gas Liquids	$ 1,690,000		$ 1,690,000
Designated as Hedging Instrument
Variable Interest Entities [Abstract]
Number of derivatives | derivative_instrument	1		1
Not Designated as Hedging Instrument
Variable Interest Entities [Abstract]
Number of derivatives | derivative_instrument	1		1
Two Major Accounts Receivable Customers | Customer Concentration Risk | Accounts Receivable [Member] | Reportable Subsegments | Equipment Leasing | Operating Segments | Offshore Energy
Variable Interest Entities [Abstract]
Number of lessees | customer			2		2
Customer Group Two | Customer Concentration Risk | Sales Revenue, Segment | Reportable Subsegments | Equipment Leasing | Operating Segments | Offshore Energy and Jefferson Terminal
Variable Interest Entities [Abstract]
Concentration risk percentage	9.50%		10.90%
Number of lessees | customer	1
Customer Group Two | Customer Concentration Risk | Sales Revenue, Segment | Reportable Subsegments | Equipment Leasing | Operating Segments | Offshore Energy
Variable Interest Entities [Abstract]
Number of lessees | lessee	1
Customer Group One | Customer Concentration Risk | Sales Revenue, Segment | Reportable Subsegments | Equipment Leasing | Operating Segments | Aviation Leasing, Shipping Containers and Offshore Energy
Variable Interest Entities [Abstract]
Concentration risk percentage		25.60%		24.40%
Major Accounts Receivable Customer, Customer One | Customer Concentration Risk | Accounts Receivable [Member]
Variable Interest Entities [Abstract]
Concentration risk percentage			22.20%		27.10%
Major Accounts Receivable Customer, Customer Two | Customer Concentration Risk | Accounts Receivable [Member]
Variable Interest Entities [Abstract]
Concentration risk percentage			21.60%		25.40%
Subsidiary | Co-venturer
Variable Interest Entities [Abstract]
Subsidiary loan to VIE partner for equity contribution	$ 3,725,000		$ 3,725,000
MT6015
Variable Interest Entities [Abstract]
Total assets					$ 7,533,000
Impairment charges on investments	$ 7,450,000
MT6015 | MT6015
Variable Interest Entities [Abstract]
Vessel purchase commitment			$ 75,000,000
MT6015 | Subsidiary
Variable Interest Entities [Abstract]
Interest held in VIE, as a percentage			50.00%

LEASING EQUIPMENT, NET (Details

LEASING EQUIPMENT, NET (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)aircraftcommercial_jet_engine	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment, net	$ 679,734		$ 679,734		$ 636,681
Number of aircraft acquired | aircraft			6
Equipment Leasing
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	741,054		$ 741,054		681,212
Less: Accumulated depreciation	(61,320)		(61,320)		(44,531)
Leasing equipment, net	679,734		$ 679,734		636,681
Commercial jet engines acquired | commercial_jet_engine			8
Commercial jet engines sold | commercial_jet_engine			3
Depreciation	10,451	$ 7,162	$ 19,743	$ 14,184
Reportable Subsegments | Equipment Leasing | Operating Segments | Aviation Leasing
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	511,072		511,072		452,602
Less: Accumulated depreciation	(46,258)		(46,258)		(33,281)
Leasing equipment, net	464,814		464,814		419,321
Reportable Subsegments | Equipment Leasing | Operating Segments | Offshore Energy
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	185,656		185,656		184,284
Less: Accumulated depreciation	(12,962)		(12,962)		(9,704)
Leasing equipment, net	172,694		172,694		174,580
Reportable Subsegments | Equipment Leasing | Operating Segments | Jefferson Terminal
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	44,326		44,326		44,326
Less: Accumulated depreciation	(2,100)		(2,100)		(1,546)
Leasing equipment, net	$ 42,226		$ 42,226		$ 42,780

FINANCE LEASES, NET - Summary (

FINANCE LEASES, NET - Summary (Details) shipping_container in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016shipping_container	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Capital Leased Assets [Line Items]
Finance leases			$ 102,369
Unearned revenue			(19,848)
Finance leases, net			82,521
Number of shipping containers that were subject to direct finance leases for a modest gain. | shipping_container	42
Equipment Leasing | Reportable Subsegments | Operating Segments | Offshore Energy
Capital Leased Assets [Line Items]
Finance leases		$ 19,035	20,037
Unearned revenue		(9,107)	(9,915)
Finance leases, net		$ 9,928	10,122
Equipment Leasing | Reportable Subsegments | Operating Segments | Shipping Containers
Capital Leased Assets [Line Items]
Finance leases			82,332
Unearned revenue			(9,933)
Finance leases, net			$ 72,399

FINANCE LEASES, NET - Future Mi

FINANCE LEASES, NET - Future Minimum Payments Receivable (Details) $ in Thousands	Jun. 30, 2016USD ($)
Leases [Abstract]
2,016	$ 1,011
2,017	2,008
2,018	2,008
2,019	2,008
2,020	2,013
Thereafter	9,987
Total	$ 19,035

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net	$ 302,571	$ 299,678
Infrastructure
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	319,390	310,064
Less: Accumulated depreciation	(19,650)	(13,215)
Property, plant and equipment, net	302,571	299,678
Infrastructure | Land and site improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	19,552	19,492
Infrastructure | Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	38,907	55,927
Infrastructure | Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,750	2,750
Infrastructure | Crude oil terminal machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	236,002	210,857
Infrastructure | Track and track related assets
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	17,433	17,159
Infrastructure | Railroad equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	770	1,050
Infrastructure | Railcars and locomotives
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,455	1,720
Infrastructure | Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	167	152
Infrastructure | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	410	410
Infrastructure | Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	944	547
Infrastructure | Spare parts
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,831	2,829
Infrastructure | Railroad | Reportable Subsegments | Operating Segments
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	31,160	27,599
Less: Accumulated depreciation	(4,004)	(2,907)
Property, plant and equipment, net	27,156	24,692
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Land and site improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,478	5,478
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,368	893
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	557	557
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Crude oil terminal machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	0
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Track and track related assets
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	17,433	17,159
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Railroad equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	770	1,050
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Railcars and locomotives
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,455	1,720
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	133	118
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	121	121
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	845	503
Infrastructure | Railroad | Reportable Subsegments | Operating Segments | Spare parts
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	0
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	288,230	282,465
Less: Accumulated depreciation	(15,646)	(10,308)
Property, plant and equipment, net	275,415	274,986
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Land and site improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,074	14,014
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	35,539	55,034
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,193	2,193
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Crude oil terminal machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	236,002	210,857
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Track and track related assets
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	0
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Railroad equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	0
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Railcars and locomotives
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	0
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	34	34
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	289	289
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	99	44
Infrastructure | Jefferson Terminal | Reportable Subsegments | Operating Segments | Spare parts
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,831	$ 2,829

PROPERTY, PLANT AND EQUIPMENT45

PROPERTY, PLANT AND EQUIPMENT, NET - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment acquired			$ 9,406
Depreciation expense	$ 3,350	$ 2,705	6,376	$ 5,350
Railroad equipment
Property, Plant and Equipment [Line Items]
Disposals of railroad equipment			$ 78

INVESTMENTS IN UNCONSOLIDATED46

INVESTMENTS IN UNCONSOLIDATED ENTITIES - Ownership Interest and Carrying Values (Details) shipping_container in Thousands, $ in Thousands	Jun. 30, 2016USD ($)shipping_containercustomer	Dec. 31, 2015USD ($)	Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]
Carrying value of investment | $	$ 9,976	$ 10,675
Intermodal Finance I, Ltd
Schedule of Equity Method Investments [Line Items]
Ownership percentage			51.00%
Number of customers | customer	6
Carrying value of investment | $	$ 9,976	$ 10,675
Containers | Intermodal Finance I, Ltd
Schedule of Equity Method Investments [Line Items]
Number of shipping containers | shipping_container	54
Shipping Containers Subject to Multiple Operating Leases | Containers | Intermodal Finance I, Ltd
Schedule of Equity Method Investments [Line Items]
Shipping containers subject to multiple operating leases | shipping_container	34

INVESTMENTS IN UNCONSOLIDATED47

INVESTMENTS IN UNCONSOLIDATED ENTITIES - Intermodal Finance I, Ltd (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Expenses
Company's equity in (losses) earnings	$ (259)	$ 1,225	$ (174)	$ 2,466
Members’ Equity
Investments in and advances to unconsolidated entities	9,976		9,976		$ 10,675
Intermodal Finance I, Ltd
Revenue
Total revenues	3,060	4,176	6,461	8,494
Expenses
Operating expenses	193	233	423	426
General and administrative	372	212	675	373
Depreciation and amortization	1,669	602	3,463	1,199
Interest expense	506	815	1,297	1,858
Total expenses	2,740	1,862	5,858	3,856
Loss on disposal of equipment	948	51	1,127	51
Other income	0	34	0	34
Total other loss	(948)	(17)	(1,127)	(17)
Net (loss) income	(628)	2,297	(524)	4,621
Comprehensive (loss) income	(628)	2,297	(524)	4,621
Company's equity in (losses) earnings	(259)	$ 1,225	(174)	$ 2,466
Assets
Cash and cash equivalents	3,941		3,941		4,796
Restricted cash	2,342		2,342		2,117
Accounts receivable	1,013		1,013		1,153
Other receivables	1,917		1,917		0
Leasing equipment, net of accumulated depreciation of $9,576 and $7,305, respectively	39,476		39,476		47,735
Finance leases, net	25,158		25,158		34,261
Other assets	3		3		31
Total assets	73,850		73,850		90,093
Liabilities
Accounts payable and accrued liabilities	112		112		154
Syndication liabilities	2,210		2,210		3,201
Debt, net	68,790		68,790		82,991
Other liabilities	414		414		458
Total liabilities	71,526		71,526		86,804
Members’ Equity
Total members’ equity	2,324		2,324		3,289
Total liabilities and members’ equity	73,850		73,850		90,093
Investments in and advances to unconsolidated entities	9,976		9,976		10,675
Accumulated depreciation	$ 9,576		$ 9,576		$ 7,305

INTANGIBLE ASSETS AND LIABILI48

INTANGIBLE ASSETS AND LIABILITIES, NET - Summarized Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Intangible assets:
Total intangible assets, net	$ 39,732	$ 44,129
Intangible liabilities:
Acquired unfavorable lease intangibles	1,506	1,171
Less: Accumulated amortization	(399)	(151)
Acquired unfavorable lease intangibles, net	1,107	1,020
Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	24,241	22,881
Accumulated amortization	(13,656)	(9,697)
Total	10,585	13,184
Customer relationships
Intangible assets:
Acquired finite-lived intangibles	35,739	35,738
Accumulated amortization	(6,592)	(4,793)
Total	29,147	30,945
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing
Intangible assets:
Total intangible assets, net	10,585	13,184
Intangible liabilities:
Acquired unfavorable lease intangibles	1,506	1,171
Less: Accumulated amortization	(399)	(151)
Acquired unfavorable lease intangibles, net	1,107	1,020
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing | Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	24,241	22,881
Accumulated amortization	(13,656)	(9,697)
Total	10,585	13,184
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing | Customer relationships
Intangible assets:
Acquired finite-lived intangibles	0	0
Accumulated amortization	0	0
Total	0	0
Reportable Subsegments | Operating Segments | Infrastructure | Jefferson Terminal
Intangible assets:
Total intangible assets, net	29,019	30,795
Intangible liabilities:
Acquired unfavorable lease intangibles	0	0
Less: Accumulated amortization	0	0
Acquired unfavorable lease intangibles, net	0	0
Reportable Subsegments | Operating Segments | Infrastructure | Jefferson Terminal | Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	0	0
Accumulated amortization	0	0
Total	0	0
Reportable Subsegments | Operating Segments | Infrastructure | Jefferson Terminal | Customer relationships
Intangible assets:
Acquired finite-lived intangibles	35,514	35,513
Accumulated amortization	(6,495)	(4,718)
Total	29,019	30,795
Reportable Subsegments | Operating Segments | Infrastructure | Railroad
Intangible assets:
Total intangible assets, net	128	150
Intangible liabilities:
Acquired unfavorable lease intangibles	0	0
Less: Accumulated amortization	0	0
Acquired unfavorable lease intangibles, net	0	0
Reportable Subsegments | Operating Segments | Infrastructure | Railroad | Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	0	0
Accumulated amortization	0	0
Total	0	0
Reportable Subsegments | Operating Segments | Infrastructure | Railroad | Customer relationships
Intangible assets:
Acquired finite-lived intangibles	225	225
Accumulated amortization	(97)	(75)
Total	$ 128	$ 150

INTANGIBLE ASSETS AND LIABILI49

INTANGIBLE ASSETS AND LIABILITIES, NET - Intangible Liabilities Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets and liabilities	$ 2,476	$ 2,595	$ 4,953	$ 5,586
Equipment leasing revenues | Lease intangibles
Finite-Lived Intangible Assets [Line Items]
Amortization of lease intangible assets and liabilities	1,576	1,697	3,154	3,793
Depreciation and amortization | Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 900	$ 898	$ 1,799	$ 1,793

INTANGIBLE ASSETS AND LIABILI50

INTANGIBLE ASSETS AND LIABILITIES, NET - Schedule of Future Amortization Expense (Details) $ in Thousands	Jun. 30, 2016USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	$ 4,419
2,017	6,953
2,018	6,138
2,019	4,496
2,020	3,592
Thereafter	13,027
Total	$ 38,625

DEBT - Schedule of Debt (Detail

DEBT - Schedule of Debt (Details)	Sep. 18, 2014USD ($)	Sep. 15, 2014USD ($)	Dec. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014	Mar. 28, 2016USD ($)	Mar. 07, 2016USD ($)	Aug. 27, 2014USD ($)	Sep. 20, 2013	Aug. 15, 2013USD ($)	Jan. 17, 2013	Dec. 27, 2012USD ($)
Debt Instrument [Line Items]
Long-term Debt, Gross				$ 270,473,000		$ 271,057,000		$ 270,473,000		$ 271,057,000
Total debt, net				262,908,000		266,221,000		262,908,000		266,221,000
Debt Issuance Cost								(7,565,000)		(4,836,000)
Total debt due within one year				8,343,000		24,791,000		8,343,000		24,791,000
Loss on extinguishment of debt				0			$ 0	(1,579,000)	$ 0
Loans Payable
Debt Instrument [Line Items]
Total debt, net				76,687,000		221,444,000		76,687,000		221,444,000
Loans Payable | Container Loan 1
Debt Instrument [Line Items]
Total debt, net				0		34,761,000		0		34,761,000
Loans Payable | Container Loan 2
Debt Instrument [Line Items]
Total debt, net				0		11,338,000		0		11,338,000
Loans Payable | FTAI Pride Credit Agreement
Debt Instrument [Line Items]
Total debt, net				64,062,000		67,188,000		64,062,000		67,188,000
Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Total debt, net				12,625,000		9,407,000		12,625,000		9,407,000
Debt Instrument, Face Amount	$ 10,000											$ 20,000
Debt Instrument, Callable Debt					$ 29,000,000
Loans Payable | Jefferson Terminal Credit Agreement
Debt Instrument [Line Items]
Total debt, net				0		98,750,000		0		98,750,000
Loss on extinguishment of debt								1,579,000
Bonds payable
Debt Instrument [Line Items]
Total debt, net				191,434,000		47,261,000		191,434,000		47,261,000
Bonds payable | Series 2012 Bonds
Debt Instrument [Line Items]
Total debt, net				47,234,000		47,261,000		47,234,000		47,261,000
Unamortized premium				1,724,000		1,751,000		1,724,000		1,751,000
Bonds payable | Dock and Wharf Facility Revenue Bonds, Series 2016
Debt Instrument [Line Items]
Long-term Debt, Gross				144,200,000		0		144,200,000		0
Debt Instrument, Face Amount													$ 144,200
Note payable to non-controlling interest
Debt Instrument [Line Items]
Total debt, net				2,352,000		2,352,000		2,352,000		2,352,000
Note payable to non-controlling interest | Note payable to non-controlling interest
Debt Instrument [Line Items]
Total debt, net				$ 2,352,000		2,352,000		$ 2,352,000		$ 2,352,000
Subsidiary | Loans Payable | Container Loan 1
Debt Instrument [Line Items]
Debt Instrument, Face Amount																		$ 55,991,000
Subsidiary | Loans Payable | Container Loan 2
Debt Instrument [Line Items]
Debt Instrument, Face Amount																$ 21,548,000
Subsidiary | Loans Payable | FTAI Pride Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Face Amount		$ 75,000,000
Debt Instrument, Periodic Payment						$ 1,562,000
Debt Instrument, Covenant, Fixed Charge Coverage Ratio											1.15
Debt Instrument, Covenant, Evaluation Period											12 months
Subsidiary | Loans Payable | Jefferson Terminal Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Face Amount														$ 100,000
Debt Instrument, Periodic Payment					$ 0
Jefferson Terminal | Bonds payable | Dock and Wharf Facility Revenue Bonds, Series 2016
Debt Instrument [Line Items]
Debt Instrument, Fee Amount													$ 6,873
Debt Instrument, Interest Rate, Stated Percentage													7.25%
Interest Rate Swap | Loans Payable | Container Loan 1
Debt Instrument [Line Items]
Percentage of Debt Hedged by Interest Rate Derivatives																	70.00%
Interest Rate Cap | Loans Payable | Container Loan 2
Debt Instrument [Line Items]
Percentage of Debt Hedged by Interest Rate Derivatives															50.00%
London Interbank Offered Rate (LIBOR) | Subsidiary | Loans Payable | FTAI Pride Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		4.50%
London Interbank Offered Rate (LIBOR) | Interest Rate Swap | Loans Payable | Container Loan 1
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate																	0.681%
London Interbank Offered Rate (LIBOR) | Interest Rate Cap | Loans Payable | Container Loan 2
Debt Instrument [Line Items]
Derivative, Cap Interest Rate															2.50%
Minimum | London Interbank Offered Rate (LIBOR) | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Minimum | Base Rate | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Minimum | Canadian Fixed Rate | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.50%
Maximum | London Interbank Offered Rate (LIBOR) | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	4.50%
Maximum | Base Rate | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.50%
Maximum | Canadian Fixed Rate | Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	4.50%
Scenario, Forecast | Subsidiary | Loans Payable | Jefferson Terminal Credit Agreement
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment			$ 1,250,000

FAIR VALUE MEASUREMENTS - Finan

FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value on a recurring basis	$ 0
Recurring
Assets:
Total	345,822,000	$ 403,414,000
Recurring | Market
Assets:
Cash and cash equivalents	276,208,000	381,703,000
Restricted cash	69,614,000	21,610,000
Recurring | Income
Assets:
Derivative assets		101,000
Recurring | Level 1
Assets:
Total	345,822,000	403,313,000
Recurring | Level 1 | Market
Assets:
Cash and cash equivalents	276,208,000	381,703,000
Restricted cash	69,614,000	21,610,000
Recurring | Level 1 | Income
Assets:
Derivative assets		0
Recurring | Level 2
Assets:
Total	0	101,000
Recurring | Level 2 | Market
Assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Recurring | Level 2 | Income
Assets:
Derivative assets		101,000
Recurring | Level 3
Assets:
Total	0	0
Recurring | Level 3 | Market
Assets:
Cash and cash equivalents	0	0
Restricted cash	$ 0	0
Recurring | Level 3 | Income
Assets:
Derivative assets		$ 0

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value on a recurring basis	$ 0		$ 0
Asset impairment	0	$ 0	0	$ 0
Series 2012 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable	50,726,000		50,726,000			$ 49,268,000
Series 2016 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable						152,106,000
Co-venturer | Subsidiary
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Note receivable	$ 3,725,000		$ 3,725,000
Loans receivable interest rate	12.00%		12.00%
Commercial Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable interest rate					10.00%
Notes Receivable, Fair Value Disclosure	$ 16,988,000		$ 16,988,000			$ 14,869,000

REVENUES - Components of Revenu

REVENUES - Components of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Total revenues	$ 33,195	$ 33,564	$ 64,648	$ 67,537
Equipment Leasing
Revenues
Lease income	15,330	16,145	28,252	32,150
Maintenance revenue	6,285	3,999	11,391	7,385
Finance lease income	399	2,288	1,921	4,599
Other revenue	337	201	362	1,537
Total revenues	22,351	22,633	41,926	45,671
Infrastructure
Revenues
Lease income	0	1,410	0	2,820
Rail revenues	7,707	5,558	15,706	11,847
Terminal services revenues	3,137	3,963	7,016	7,199
Total revenues	10,844	10,931	22,722	21,866
Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	21,347	13,807	39,300	28,052
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	979	6,932	1,464	13,799
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25	1,894	1,162	3,820
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	3,137	5,373	7,016	10,019
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	7,707	5,558	15,706	11,847
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Lease income	14,750	9,808	27,597	19,547
Maintenance revenue	6,285	3,999	11,391	7,385
Finance lease income	0	0	0	0
Other revenue	312	0	312	1,120
Total revenues	21,347	13,807	39,300	28,052
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Lease income	580	6,337	655	12,603
Maintenance revenue	0	0	0	0
Finance lease income	399	419	809	829
Other revenue	0	176	0	367
Total revenues	979	6,932	1,464	13,799
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Revenues
Lease income	0	0	0	0
Maintenance revenue	0	0	0	0
Finance lease income	0	1,869	1,112	3,770
Other revenue	25	25	50	50
Total revenues	25	1,894	1,162	3,820
Operating Segments | Reportable Subsegments | Equipment Leasing | Jefferson Terminal
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Equipment Leasing | Railroad
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Aviation Leasing
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Offshore Energy
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Shipping Containers
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Revenues
Lease income	0	1,410	0	2,820
Rail revenues	0	0	0	0
Terminal services revenues	3,137	3,963	7,016	7,199
Total revenues	3,137	5,373	7,016	10,019
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Lease income	0	0	0	0
Rail revenues	7,707	5,558	15,706	11,847
Terminal services revenues	0	0	0	0
Total revenues	$ 7,707	$ 5,558	$ 15,706	$ 11,847

REVENUES - Minimum Future Annua

REVENUES - Minimum Future Annual Revenues (Details) $ in Thousands	Jun. 30, 2016USD ($)
Revenue Disclosure [Abstract]
2,016	$ 34,165
2,017	55,186
2,018	39,567
2,019	20,456
2,020	9,808
Thereafter	4,595
Total	$ 163,777

EQUITY-BASED COMPENSATION - Add

EQUITY-BASED COMPENSATION - Additional Information (Details) $ in Thousands	Aug. 27, 2014USD ($)	Jun. 30, 2016USD ($)shares	Mar. 31, 2016USD ($)performance_conditionshares	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)trancheshares	Jun. 30, 2015USD ($)	Dec. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches | tranche					3
Allocated Share-based Compensation Expense		$ 118		$ 1,180	$ (3,846)	$ 2,600
Cash in lieu of delivering vested shares		200			200
Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		0		919	$ (4,168)	1,772
Restricted Shares | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based compensation restricted shares granted (in shares) | shares					1,300,000
Forfeiture rate			0.00%
Number of nonvested awards (in shares) | shares			1,250,000
Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		$ 118		$ 237	$ 322	$ 804
Shares vested (in shares) | shares		566,667			583,333
Vested shares, fair value		$ 699,334			$ 722,166
Common Units | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based compensation restricted shares granted (in shares) | shares					1,400,000
Forfeiture rate					0.00%
Grant date fair value					$ 1,688
Number of nonvested awards (in shares) | shares		150,000			150,000		733
Common Units | Employees of a subsidiary | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award term					16 months
Common Units | Employees of a subsidiary | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award term					36 months
Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares) | shares		30,000,000			30,000,000
Award Expiring August 2017 | Restricted Shares | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based compensation restricted shares granted (in shares) | shares			1,250,000
Vesting period			3 years
Number of performance conditions | performance_condition			3
Grant date fair value	$ 23,879
Award Expiring August 2018 | Restricted Shares | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Grant date fair value			$ 800
Awards vesting rights			50.00%
Forfeited percentage			50.00%
Operating Expense | Restricted Shares | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense			$ (4,402)

EQUITY-BASED COMPENSATION - Sum

EQUITY-BASED COMPENSATION - Summary of Stock Option Activity (Details) - Incentive Plan - Stock Options $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Options
Stock options outstanding, beginning balance (in shares)	15,000
Granted (in shares)
Exercised (in shares)	0
Forfeited and canceled (in shares)	0
Stock options outstanding, ending balance (in shares)	15,000
Weighted-Average Exercise Price (per share)
Stock options outstanding at January 1, 2016 (in usd per share) | $ / shares	$ 16.98
Granted (in dollars per share) | $ / shares
Stock options outstanding and exercisable as of June 30, 2016 (in usd per share) | $ / shares	$ 16.98
Weighted Average Remaining Contractual Term (in years)
Outstanding (in years)	8 years 10 months 28 days
Aggregate Intrinsic Value | $	$ 0

EQUITY-BASED COMPENSATION - Exp

EQUITY-BASED COMPENSATION - Expenses Related to Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	$ 118	$ 1,180	$ (3,846)	$ 2,600
Remaining expense to be recognized, if all vesting conditions are met	24,024		24,024
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	0	24	0	24
Remaining expense to be recognized, if all vesting conditions are met	0		0
Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	0	919	(4,168)	1,772
Remaining expense to be recognized, if all vesting conditions are met	23,879		23,879
Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	118	$ 237	322	$ 804
Remaining expense to be recognized, if all vesting conditions are met	$ 145		$ 145

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Current:
Federal	$ 143	$ 20	$ 162	$ 49
State and local	9	43	40	51
Foreign	15	124	26	239
Total current provision	167	187	228	339
Deferred:
Federal	(4)	29	1	44
State and local	1	2	1	1
Foreign	14	48	(118)	112
Total deferred provision	11	79	(116)	157
Total provision for income taxes	$ 178	$ 266	$ 112	$ 496
U.S. federal tax rate			35.00%

MANAGEMENT AGREEMENT AND AFFI60

MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS (Details) - USD ($)	3 Months Ended			6 Months Ended		47 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Feb. 13, 2020	Dec. 31, 2015	Mar. 31, 2015
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	$ 4,231,000		$ 3,485,000	$ 8,579,000	$ 5,899,000
Net income (loss) attributable to non-controlling interest	(8,863,000)		(4,433,000)	(12,158,000)	(7,939,000)
Minimum
Related Party Transaction [Line Items]
Management fee percentage with capital commitment of at least $100 million								1.25%
Maximum
Related Party Transaction [Line Items]
Management fee percentage with capital commitment of less than $100 million								1.50%
Jefferson Terminal
Related Party Transaction [Line Items]
Non-controlling interest ownership percentage		20.00%					20.00%
Non-controlling interest by private equity fund	74,801,000			74,801,000			$ 71,321,000
Net income (loss) attributable to non-controlling interest	2,384,000		(2,007,000)	3,952,000	(3,556,000)
Amounts payable to vendor	296,000			296,000			4,708,000
Manager | Management fees
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate				2,026,000
Management fee payable	957,000			957,000			994,000
Management fee percentage rate		1.50%
Due from related party		$ 0
Manager | General and administrative expense
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate				642,000
Manager | Acquisition and Transaction Expenses
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate				221,000
Manager | Bond Purchase Agreement Guarantee Fees | Scenario, Forecast
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction						$ 1,740,000
General Partner
Related Party Transaction [Line Items]
Management Fee Expense	4,231,000			8,579,000	2,026,000
Management fees and incentive allocation to affiliate			$ 1,459,000		3,873,000
General Partner | Capital gains incentive allocation
Related Party Transaction [Line Items]
Management fee payable		$ 0
General Partner | General and administrative expense
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	1,643,000			3,401,000	642,000
General Partner | Acquisition and Transaction Expenses
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	1,013,000			2,026,000	$ 221,000
Accounts Payable and Accrued Liabilities | Manager
Related Party Transaction [Line Items]
Amounts payable to vendor	$ 1,376,000			$ 1,376,000			$ 1,506,000

SEGMENT INFORMATION - Statement

SEGMENT INFORMATION - Statement of Income by Segment (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)segment	Jun. 30, 2015USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			5
Revenues
Total revenues	$ 33,195,000	$ 33,564,000	$ 64,648,000	$ 67,537,000
Expenses
Operating expenses	17,551,000	17,600,000	31,909,000	32,319,000
General and administrative	3,361,000	1,989,000	5,949,000	2,337,000
Acquisition and transaction expenses	1,875,000	1,598,000	2,934,000	1,966,000
Management fees and incentive allocation to affiliate	4,231,000	3,485,000	8,579,000	5,899,000
Depreciation and amortization	14,701,000	10,765,000	27,918,000	21,327,000
Interest expense	5,120,000	4,757,000	10,423,000	9,572,000
Total expenses	46,839,000	40,194,000	87,712,000	73,420,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	(259,000)	1,225,000	(174,000)	2,466,000
Gain on sale of equipment, net	1,545,000	288,000	3,267,000	291,000
Loss on extinguishment of debt	0	0	(1,579,000)	0
Asset impairment	(7,450,000)	0	(7,450,000)	0
Interest (expense) income	(128,000)	116,000	(119,000)	303,000
Other income (expense)	58,000	(3,000)	98,000	(9,000)
Total other (expense) income	(6,234,000)	1,626,000	(5,957,000)	3,051,000
Loss before income taxes	(19,878,000)	(5,004,000)	(29,021,000)	(2,832,000)
Provision for income taxes	178,000	266,000	112,000	496,000
Net loss	(20,056,000)	(5,270,000)	(29,133,000)	(3,328,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(8,863,000)	(4,433,000)	(12,158,000)	(7,939,000)
Net (loss) income attributable to shareholders	(11,193,000)	(837,000)	(16,975,000)	4,611,000
Equipment Leasing
Revenues
Total revenues	22,351,000	22,633,000	41,926,000	45,671,000
Infrastructure
Revenues
Total revenues	10,844,000	10,931,000	22,722,000	21,866,000
Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	21,347,000	13,807,000	39,300,000	28,052,000
Expenses
Operating expenses	1,166,000	377,000	1,983,000	715,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	0	0	0	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	8,504,000	5,396,000	15,931,000	10,652,000
Interest expense	0	0	0	0
Total expenses	9,670,000	5,773,000	17,914,000	11,367,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	1,509,000	284,000	2,717,000	284,000
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest (expense) income	2,000	0	3,000	8,000
Other income (expense)	0	0	0	0
Total other (expense) income	1,511,000	284,000	2,720,000	292,000
Loss before income taxes	13,188,000	8,318,000	24,106,000	16,977,000
Provision for income taxes	185,000	198,000	88,000	412,000
Net loss	13,003,000	8,120,000	24,018,000	16,565,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	193,000	0	290,000	0
Net (loss) income attributable to shareholders	12,810,000	8,120,000	23,728,000	16,565,000
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	979,000	6,932,000	1,464,000	13,799,000
Expenses
Operating expenses	2,401,000	390,000	6,002,000	961,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	0	0	0	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	1,670,000	1,489,000	3,258,000	2,978,000
Interest expense	936,000	952,000	1,871,000	1,908,000
Total expenses	5,007,000	2,831,000	11,131,000	5,847,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0		0
Asset impairment	(7,450,000)		(7,450,000)
Interest (expense) income	3,000	114,000	5,000	253,000
Other income (expense)	0	0	0	0
Total other (expense) income	(7,447,000)	114,000	(7,445,000)	253,000
Loss before income taxes	(11,475,000)	4,215,000	(17,112,000)	8,205,000
Provision for income taxes	0	0	0	0
Net loss	(11,475,000)	4,215,000	(17,112,000)	8,205,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(3,911,000)	189,000	(4,158,000)	370,000
Net (loss) income attributable to shareholders	(7,564,000)	4,026,000	(12,954,000)	7,835,000
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25,000	1,894,000	1,162,000	3,820,000
Expenses
Operating expenses	12,000	117,000	42,000	170,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	0	0	0	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	0	0	0	0
Interest expense	0	625,000	410,000	1,267,000
Total expenses	12,000	742,000	452,000	1,437,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	(259,000)	1,225,000	(174,000)	2,466,000
Gain on sale of equipment, net	0	0	304,000	0
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest (expense) income	0	0	0	0
Other income (expense)	0	(2,000)	(2,000)	(9,000)
Total other (expense) income	(259,000)	1,223,000	128,000	2,457,000
Loss before income taxes	(246,000)	2,375,000	838,000	4,840,000
Provision for income taxes	(9,000)	19,000	(13,000)	35,000
Net loss	(237,000)	2,356,000	851,000	4,805,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	0	0	0	0
Net (loss) income attributable to shareholders	(237,000)	2,356,000	851,000	4,805,000
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	3,137,000	5,373,000	7,016,000	10,019,000
Expenses
Operating expenses	6,698,000	9,501,000	9,386,000	16,174,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	291,000	0	291,000	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	3,993,000	3,461,000	7,669,000	6,769,000
Interest expense	3,984,000	3,019,000	7,788,000	6,106,000
Total expenses	14,966,000	15,981,000	25,134,000	29,049,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0		(1,579,000)
Asset impairment	0		0
Interest (expense) income	(133,000)	2,000	(127,000)	42,000
Other income (expense)	58,000	(1,000)	100,000	0
Total other (expense) income	(75,000)	1,000	(1,606,000)	42,000
Loss before income taxes	(11,904,000)	(10,607,000)	(19,724,000)	(18,988,000)
Provision for income taxes	0	49,000	35,000	49,000
Net loss	(11,904,000)	(10,656,000)	(19,759,000)	(19,037,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(5,125,000)	(4,545,000)	(8,281,000)	(8,199,000)
Net (loss) income attributable to shareholders	(6,779,000)	(6,111,000)	(11,478,000)	(10,838,000)
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	7,707,000	5,558,000	15,706,000	11,847,000
Expenses
Operating expenses	7,268,000	7,215,000	14,490,000	14,299,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	0	0	0	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	534,000	419,000	1,060,000	928,000
Interest expense	200,000	161,000	354,000	291,000
Total expenses	8,002,000	7,795,000	15,904,000	15,518,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	36,000	4,000	246,000	7,000
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest (expense) income	0	0	0	0
Other income (expense)	0	0	0	0
Total other (expense) income	36,000	4,000	246,000	7,000
Loss before income taxes	(259,000)	(2,233,000)	48,000	(3,664,000)
Provision for income taxes	0	0	0	0
Net loss	(259,000)	(2,233,000)	48,000	(3,664,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(16,000)	(79,000)	(3,000)	(112,000)
Net (loss) income attributable to shareholders	(243,000)	(2,154,000)	51,000	(3,552,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Total revenues	21,347,000	13,807,000	39,300,000	28,052,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Total revenues	979,000	6,932,000	1,464,000	13,799,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Revenues
Total revenues	25,000	1,894,000	1,162,000	3,820,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Jefferson Terminal
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Equipment Leasing | Railroad
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Aviation Leasing
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Offshore Energy
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Shipping Containers
Revenues
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Revenues
Total revenues	3,137,000	5,373,000	7,016,000	10,019,000
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Total revenues	7,707,000	5,558,000	15,706,000	11,847,000
Corporate
Revenues
Total revenues	0	0	0	0
Expenses
Operating expenses	6,000	0	6,000	0
General and administrative	3,361,000	1,989,000	5,949,000	2,337,000
Acquisition and transaction expenses	1,584,000	1,598,000	2,643,000	1,966,000
Management fees and incentive allocation to affiliate	4,231,000	3,485,000	8,579,000	5,899,000
Depreciation and amortization	0	0	0	0
Interest expense	0	0	0	0
Total expenses	9,182,000	7,072,000	17,177,000	10,202,000
Other income (loss)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest (expense) income	0	0	0	0
Other income (expense)	0	0	0	0
Total other (expense) income	0	0	0	0
Loss before income taxes	(9,182,000)	(7,072,000)	(17,177,000)	(10,202,000)
Provision for income taxes	2,000	0	2,000	0
Net loss	(9,184,000)	(7,072,000)	(17,179,000)	(10,202,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,000)	2,000	(6,000)	2,000
Net (loss) income attributable to shareholders	(9,180,000)	(7,074,000)	(17,173,000)	(10,204,000)
Corporate | Equipment Leasing
Revenues
Total revenues	0	0	0	0
Corporate | Infrastructure
Revenues
Total revenues	$ 0	$ 0	$ 0	$ 0

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted Net Income to Net Income (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	$ (5,414,000)	$ 1,569,000	$ (11,947,000)	$ 8,492,000
Add: Non-controlling share of adjustments to Adjusted Net Income	3,710,000	326,000	2,721,000	680,000
Equity in earnings (losses) of unconsolidated entities	(259,000)	1,225,000	(174,000)	2,466,000
Add: Cash payments for income taxes	69,000	313,000	420,000	510,000
Less: Incentive allocations	0	0	0	0
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities	322,000	(1,225,000)	237,000	(2,466,000)
Less: Asset impairment charges	(7,450,000)	0	(7,450,000)	0
Less: Changes in fair value of non-hedge derivative instruments	0	(1,000)	(3,000)	(9,000)
Less: Losses on the modification or extinguishment of debt and capital lease obligations	0	0	(1,579,000)	0
Less: Acquisition and transaction expenses	(1,875,000)	(1,598,000)	(2,934,000)	(1,966,000)
Less: Equity-based compensation expense	(118,000)	(1,180,000)	3,846,000	(2,600,000)
Less: Provision for income taxes	(178,000)	(266,000)	(112,000)	(496,000)
Net (loss) income attributable to shareholders	(11,193,000)	(837,000)	(16,975,000)	4,611,000
Operating Segments | Reportable Subsegments | Aviation Leasing
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	(185,000)	(198,000)	(88,000)	(412,000)
Net (loss) income attributable to shareholders	12,810,000	8,120,000	23,728,000	16,565,000
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	(7,450,000)		(7,450,000)
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	0	0	0	0
Net (loss) income attributable to shareholders	(7,564,000)	4,026,000	(12,954,000)	7,835,000
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	(259,000)	1,225,000	(174,000)	2,466,000
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	9,000	(19,000)	13,000	(35,000)
Net (loss) income attributable to shareholders	(237,000)	2,356,000	851,000	4,805,000
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	(291,000)	0	(291,000)	0
Less: Provision for income taxes	0	(49,000)	(35,000)	(49,000)
Net (loss) income attributable to shareholders	(6,779,000)	(6,111,000)	(11,478,000)	(10,838,000)
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	0	0	0	0
Net (loss) income attributable to shareholders	(243,000)	(2,154,000)	51,000	(3,552,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	12,977,000	8,288,000	23,452,000	16,750,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(3,839,000)	4,026,000	(9,229,000)	7,835,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(309,000)	2,376,000	778,000	4,849,000
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(6,519,000)	(5,741,000)	(12,776,000)	(9,956,000)
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(130,000)	(1,928,000)	360,000	(2,772,000)
Corporate
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(7,594,000)	(5,452,000)	(14,532,000)	(8,214,000)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	(1,584,000)	(1,598,000)	(2,643,000)	(1,966,000)
Less: Provision for income taxes	(2,000)	0	(2,000)	0
Net (loss) income attributable to shareholders	$ (9,180,000)	$ (7,074,000)	$ (17,173,000)	$ (10,204,000)

SEGMENT INFORMATION - Summary o

SEGMENT INFORMATION - Summary of Geographic Sources of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Total revenues	$ 33,195	$ 33,564	$ 64,648	$ 67,537
Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	22,351	22,633	41,926	45,671
Infrastructure
Segment Reporting Information [Line Items]
Total revenues	10,844	10,931	22,722	21,866
Reportable Subsegments
Segment Reporting Information [Line Items]
Total revenues
Operating Segments | Reportable Subsegments
Segment Reporting Information [Line Items]
Total revenues
Operating Segments | Reportable Subsegments | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	21,347	13,807	39,300	28,052
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	979	6,932	1,464	13,799
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,894	1,162	3,820
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	3,137	5,373	7,016	10,019
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,707	5,558	15,706	11,847
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	21,347	13,807	39,300	28,052
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	979	6,932	1,464	13,799
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,894	1,162	3,820
Operating Segments | Reportable Subsegments | Equipment Leasing | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Equipment Leasing | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	3,137	5,373	7,016	10,019
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,707	5,558	15,706	11,847
Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Infrastructure
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa
Segment Reporting Information [Line Items]
Total revenues	2,868	2,682	5,647	5,798
Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	2,868	2,682	5,647	5,798
Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa | Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Asia
Segment Reporting Information [Line Items]
Total revenues	10,126	8,983	20,317	18,193
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	9,693	5,768	19,076	11,756
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	408	1,866	408	3,710
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,349	833	2,727
Asia | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Asia | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Asia | Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe
Segment Reporting Information [Line Items]
Total revenues	6,705	9,255	11,746	18,394
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	6,532	4,620	11,498	9,146
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	173	4,635	248	9,248
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
North America
Segment Reporting Information [Line Items]
Total revenues	12,883	12,520	25,960	24,893
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	1,641	613	2,101	1,093
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	398	431	808	841
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	545	329	1,093
North America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	3,137	5,373	7,016	10,019
North America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,707	5,558	15,706	11,847
North America | Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
South America
Segment Reporting Information [Line Items]
Total revenues	613	124	978	259
South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	613	124	978	259
South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
South America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
South America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
South America | Corporate
Segment Reporting Information [Line Items]
Total revenues	$ 0	$ 0	$ 0	$ 0

SEGMENT INFORMATION - Balance S

SEGMENT INFORMATION - Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total assets	$ 1,574,552	$ 1,644,805
Debt, net	262,908	266,221
Total liabilities	359,604	354,119
Equity
Non-controlling interest in equity of consolidated subsidiaries	115,407	124,403
Total equity	1,214,948	1,290,686
Total liabilities and equity	1,574,552	1,644,805
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total assets	497,801	443,532
Debt, net	0	0
Total liabilities	59,324	50,873
Equity
Non-controlling interest in equity of consolidated subsidiaries	1,189	899
Total equity	438,477	392,659
Total liabilities and equity	497,801	443,532
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total assets	205,795	213,946
Debt, net	65,664	68,673
Total liabilities	68,435	74,228
Equity
Non-controlling interest in equity of consolidated subsidiaries	3,534	7,692
Total equity	137,360	139,718
Total liabilities and equity	205,795	213,946
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total assets	10,082	85,917
Debt, net	0	45,778
Total liabilities	0	45,903
Equity
Non-controlling interest in equity of consolidated subsidiaries	0	0
Total equity	10,082	40,014
Total liabilities and equity	10,082	85,917
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total assets	530,408	483,346
Debt, net	185,225	142,835
Total liabilities	199,959	159,570
Equity
Non-controlling interest in equity of consolidated subsidiaries	108,098	113,514
Total equity	330,449	323,776
Total liabilities and equity	530,408	483,346
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total assets	41,148	33,936
Debt, net	12,019	8,935
Total liabilities	26,307	19,463
Equity
Non-controlling interest in equity of consolidated subsidiaries	2,033	1,714
Total equity	14,841	14,473
Total liabilities and equity	41,148	33,936
Corporate
Segment Reporting Information [Line Items]
Total assets	289,318	384,128
Debt, net	0	0
Total liabilities	5,579	4,082
Equity
Non-controlling interest in equity of consolidated subsidiaries	553	584
Total equity	283,739	380,046
Total liabilities and equity	$ 289,318	$ 384,128

SEGMENT INFORMATION - Location

SEGMENT INFORMATION - Location of Long-Lived Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	$ 679,734	$ 636,681
Equipment Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	679,734	636,681
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	464,814	419,321
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	172,694	174,580
Operating Segments | Reportable Subsegments | Equipment Leasing | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	42,226	42,780
Property, Plant and Equipment [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	982,305	936,359
Property, Plant and Equipment [Member] | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	464,814	419,321
Property, Plant and Equipment [Member] | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	172,694	174,580
Property, Plant and Equipment [Member] | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	317,642	317,766
Property, Plant and Equipment [Member] | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	27,155	24,692
Property, Plant and Equipment [Member] | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Africa
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	59,185	56,927
Property, Plant and Equipment [Member] | Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	59,185	56,927
Property, Plant and Equipment [Member] | Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Africa | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Africa | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Africa | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Asia
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	220,194	228,502
Property, Plant and Equipment [Member] | Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	181,384	189,364
Property, Plant and Equipment [Member] | Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	38,810	39,138
Property, Plant and Equipment [Member] | Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Asia | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Asia | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Asia | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Europe
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	316,165	266,074
Property, Plant and Equipment [Member] | Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	182,281	130,632
Property, Plant and Equipment [Member] | Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	133,884	135,442
Property, Plant and Equipment [Member] | Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Europe | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Europe | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | Europe | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | North America
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	386,122	380,408
Property, Plant and Equipment [Member] | North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	41,325	37,950
Property, Plant and Equipment [Member] | North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | North America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	317,642	317,766
Property, Plant and Equipment [Member] | North America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	27,155	24,692
Property, Plant and Equipment [Member] | North America | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | South America
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	639	4,448
Property, Plant and Equipment [Member] | South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	639	4,448
Property, Plant and Equipment [Member] | South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | South America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | South America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, Plant and Equipment [Member] | South America | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	$ 0	$ 0

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net (loss) income attributable to shareholders	$ (11,193)	$ (837)	$ (16,975)	$ 4,611
Weighted Average Shares Outstanding - Basic (in shares)	75,730,165	62,879,023	75,728,717	58,216,849
Weighted Average Shares Outstanding - Diluted (in shares)	75,730,165	62,879,023	75,728,717	58,216,918
Basic and Diluted EPS (in dollars per share)	$ (0.15)	$ (0.01)	$ (0.22)	$ 0.08
Antidilutive shares excluded from the calculation of diluted EPS (in shares)	10,541		10,736

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Details)	3 Months Ended			6 Months Ended
	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)subsidiary	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Variable Interest Entity [Line Items]
Loss Contingency, Range of Possible Loss, Minimum		$ 0
Loss Contingency, Range of Possible Loss, Maximum	$ 3,247,000			$ 3,247,000
Number of subsidiaries | subsidiary		2
Operating Leases, Rent Expense	$ 1,314,000		$ 1,183,000	$ 2,527,000	$ 1,939,000

COMMITMENTS AND CONTINGENCIES68

COMMITMENTS AND CONTINGENCIES - Minimum Future Rental Payments (Details) $ in Thousands	Jun. 30, 2016USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 3,433
2,017	6,307
2,018	5,706
2,019	5,281
2,020	4,592
Thereafter	77,063
Total	$ 102,382

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 02, 2016	Jul. 01, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Subsequent Event [Line Items]
Common stock dividends declared (in dollars per share)			$ 0.33	$ 0.15	$ 0.66	$ 0.15
Subsequent Event | Common Stock
Subsequent Event [Line Items]
Common stock dividends declared (in dollars per share)	$ 0.33
Repauno | Subsequent Event
Subsequent Event [Line Items]
Purchase price		$ 25