FTAI Aviation (FTAI) 10-Q 4 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 03, 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	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Amendment Flag	false
Document Fiscal Period Focus	Q3
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	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 197,874	$ 381,703
Restricted cash	63,891	21,610
Accounts receivable, net	21,798	14,466
Leasing equipment, net	694,568	636,681
Finance leases, net	9,824	82,521
Property, plant, and equipment, net	345,146	299,678
Investments in and advances to unconsolidated entities	10,522	10,675
Intangible assets, net	37,328	44,129
Goodwill	116,584	116,584
Other assets	57,048	36,758
Total assets	1,554,583	1,644,805
Liabilities
Accounts payable and accrued liabilities	32,382	34,995
Debt, net	261,543	266,221
Maintenance deposits	39,570	30,494
Security deposits	18,442	15,990
Other liabilities	17,460	6,419
Total liabilities	369,397	354,119
Commitments and contingencies
Equity
Common shares ($0.01 par value per share; 2,000,000,000 shares authorized; 75,750,943 and 75,718,183 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively)	758	757
Additional paid in capital	1,109,755	1,184,198
Accumulated deficit	(37,020)	(18,769)
Accumulated other comprehensive income	0	97
Shareholders' equity	1,073,493	1,166,283
Non-controlling interest in equity of consolidated subsidiaries	111,693	124,403
Total equity	1,185,186	1,290,686
Total liabilities and equity	$ 1,554,583	$ 1,644,805

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parentheticals) - $ / shares	Sep. 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)	75,750,943	75,718,183
Common stock, shares outstanding (in shares)	75,750,943	75,718,183

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Total revenues	$ 41,726,000	$ 35,233,000	$ 106,374,000	$ 102,770,000
Expenses
Operating expenses	17,028,000	17,879,000	48,937,000	50,198,000
General and administrative	3,205,000	2,568,000	9,154,000	4,905,000
Acquisition and transaction expenses	1,688,000	2,206,000	4,622,000	4,172,000
Management fees and incentive allocation to affiliate	4,146,000	4,606,000	12,725,000	10,505,000
Depreciation and amortization	15,376,000	11,548,000	43,294,000	32,875,000
Interest expense	5,416,000	4,668,000	15,839,000	14,240,000
Total expenses	46,859,000	43,475,000	134,571,000	116,895,000
Other income (expense)
Equity in losses of unconsolidated entities	(1,161,000)	(9,584,000)	(1,335,000)	(7,118,000)
Gain on sale of equipment and finance leases, net	40,000	1,746,000	3,307,000	2,037,000
Loss on extinguishment of debt	0	0	(1,579,000)	0
Asset impairment	0	0	(7,450,000)	0
Interest income	206,000	159,000	87,000	462,000
Other income	485,000	15,000	583,000	6,000
Total other expense	(430,000)	(7,664,000)	(6,387,000)	(4,613,000)
Loss before income taxes	(5,563,000)	(15,906,000)	(34,584,000)	(18,738,000)
Provision for income taxes	83,000	150,000	195,000	646,000
Net loss	(5,646,000)	(16,056,000)	(34,779,000)	(19,384,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,370,000)	(4,318,000)	(16,528,000)	(12,257,000)
Net loss attributable to shareholders	$ (1,276,000)	$ (11,738,000)	$ (18,251,000)	$ (7,127,000)
Basic and Diluted Loss per Share
Basic and Diluted (in dollars per share)	$ (0.02)	$ (0.16)	$ (0.24)	$ (0.11)
Weighted Average Shares Outstanding - Basic (in shares)	75,746,200	75,718,183	75,734,587	64,114,734
Weighted Average Shares Outstanding - Diluted (in shares)	75,746,200	75,718,183	75,734,587	64,114,734
Equipment Leasing
Revenues
Total revenues	$ 30,054,000	$ 24,360,000	$ 71,980,000	$ 70,031,000
Infrastructure
Revenues
Total revenues	$ 11,672,000	$ 10,873,000	$ 34,394,000	$ 32,739,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net loss	$ (5,646)	$ (16,056)	$ (34,779)	$ (19,384)
Other comprehensive loss:
Change in fair value of cash flow hedge	0	(94)	(97)	(230)
Comprehensive loss	(5,646)	(16,150)	(34,876)	(19,614)
Comprehensive loss attributable to non-controlling interest	(4,370)	(4,318)	(16,528)	(12,257)
Comprehensive loss attributable to shareholders	$ (1,276)	$ (11,832)	$ (18,348)	$ (7,357)

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) - 9 months ended Sep. 30, 2016 - USD ($) shares in Thousands, $ 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:
Net loss for the period	(34,779)			(18,251)		(16,528)
Other comprehensive loss	(97)				(97)
Comprehensive (loss) income	(34,876)			(18,251)	(97)	(16,528)
Capital contributions	8,074					8,074
Settlement of equity-based compensation	(200)					(200)
Dividends declared	(75,017)		(74,979)			(38)
Issuance of common shares (in shares)		1
Issuance of common shares	337		336
Equity-based compensation	(3,818)		200			(4,018)
Ending balance at Sep. 30, 2016	$ 1,185,186	$ 758	$ 1,109,755	$ (37,020)	$ 0	$ 111,693

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net loss	$ (34,779,000)	$ (19,384,000)
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in losses of unconsolidated entities	1,335,000	7,118,000
Gain on sale of equipment	(3,307,000)	(2,037,000)
Security deposits and maintenance claims included in earnings	(300,000)	(439,000)
Loss on extinguishment of debt	1,579,000	0
Equity-based compensation	(3,818,000)	3,694,000
Depreciation and amortization	43,294,000	32,875,000
Asset impairment	7,450,000	0
Change in current and deferred income taxes	(399,000)	127,000
Change in fair value of non-hedge derivative	3,000	14,000
Amortization of lease intangibles and incentives	4,783,000	5,380,000
Amortization of deferred financing costs	1,927,000	1,101,000
Operating distributions from unconsolidated entities	30,000	160,000
Bad debt expense	134,000	255,000
Other	100,000	(362,000)
Change in:
Accounts receivable	(6,263,000)	(2,718,000)
Other assets	(4,070,000)	(3,540,000)
Accounts payable and accrued liabilities	2,396,000	4,109,000
Management fees payable to affiliate	1,000	(1,207,000)
Other liabilities	5,566,000	1,724,000
Net cash provided by operating activities	15,662,000	26,870,000
Cash flows from investing activities:
Release of restricted cash	22,733,000	4,915,000
Payments to restricted cash	(23,532,000)	0
Investment in notes receivable	(3,066,000)	(10,776,000)
Investment in and advances to unconsolidated entity	(1,754,000)	0
Principal collections on finance leases	2,406,000	17,412,000
Acquisition of leasing equipment	(114,012,000)	(136,672,000)
Acquisition of property plant and equipment	(47,454,000)	(88,068,000)
Acquisition of lease intangibles	(812,000)	(2,447,000)
Purchase deposit for aircraft and aircraft engines	(10,225,000)	(250,000)
Proceeds from sale of finance leases	71,000,000	0
Proceeds from sale of leasing equipment	15,905,000	9,000,000
Proceeds from sale of property, plant and equipment	125,000	253,000
Proceeds from deposit on sale of engine	250,000	0
Return of capital distributions from unconsolidated entities	432,000	2,921,000
Net cash used in investing activities	(88,004,000)	(203,712,000)
Cash flows from financing activities:
Proceeds from debt	110,658,000	200,000
Repayment of debt	(157,603,000)	(19,764,000)
Payment of other liabilities to non-controlling interest holder	(1,000,000)	0
Payment of deferred financing costs	(3,935,000)	0
Receipt of security deposits	3,340,000	1,695,000
Return of security deposits	(316,000)	(710,000)
Receipt of maintenance deposits	10,806,000	7,127,000
Release of maintenance deposits	(5,653,000)	(10,673,000)
Proceeds from issuance of common shares, net of underwriter's discount	0	354,057,000
Common shares issuance costs	0	(2,998,000)
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	34,787,000
Capital distributions to non-controlling interests	0	(309,000)
Settlement of equity-based compensation	(200,000)	0
Cash dividends	(75,017,000)	(11,358,000)
Net cash (used in) provided by financing activities	(111,487,000)	603,016,000
Net (decrease) increase in cash and cash equivalents	(183,829,000)	426,174,000
Cash and cash equivalents, beginning of period	381,703,000	22,125,000
Cash and cash equivalents, end of period	197,874,000
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	(3,451,000)	(1,083,000)
Acquisition of property, plant and equipment	(11,519,000)	(59,000)
Noncash of Part Noncash Financing of Property	5,321,000	0
Settled and assumed security deposits	(272,000)	2,463,000
Billed, assumed and settled maintenance deposits	3,923,000	(2,710,000)
Deferred financing costs	(2,884,000)	0
Common share issuance costs	$ 0	$ (1,908,000)

ORGANIZATION

ORGANIZATION	9 Months Ended
	Sep. 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”) that provides for the Company to bear obligations for management fees payable to the Manager as well as reimbursement of costs and expenses as provided therein (Note 13).

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 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. WWTAI IES MT6015 Ltd The Company has an interest in WWTAI IES MT6015 Ltd. (“MT6015”), an entity formed in 2014 which had 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 of the Company or to its general credit. During the second quarter of 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 second quarter of 2016, the Company recorded an impairment in its MT6015 investment of $7,450 . The shipbuilder has no further recourse to the Company. JGP Energy Partners LLC During the quarter ended September 30, 2016, the Company initiated activities in its 50% owned joint venture, JGP Energy Partners LLC (“JGP”). The other 50% member to the joint venture is a third party ethanol producer. The purpose of the venture is to build storage capacity with capabilities to receive and/or distribute ethanol via water, rail or truck. Each member agreed to contribute up to $27,000 (for a total of $54,000 ) for the development and construction of the ethanol terminal facilities. JGP is governed by a designated operating committee selected by the members in proportion to their equity interests. JGP is solely reliant on its members to finance its activities and therefore is a variable interest entity. The Company concluded that it is not the primary beneficiary of JGP as the members share equally in the risks and rewards and decision making authority of the entity; therefore, the Company does not consolidate JGP and instead accounts for this investment in accordance with the equity method. As of September 30, 2016, the Company’s investment in JGP was $1,754 , which is included in investments in and advances to unconsolidated entities on the Company’s balance sheet. Delaware River Partners LLC On July 1, 2016, the Company, through Delaware River Partners LLC (“DRP”), a consolidated subsidiary, purchased the assets of Repauno Delaware Port (“Repauno”), which consisted primarily of land, a storage cavern, and riparian rights for the acquired land, site improvements and rights. Currently there are no operational processes that could be applied to these assets that would result in outputs without significant green field development. DRP is solely reliant on the Company to finance its activities and therefore is a variable interest entity. The Company currently holds 100% of the voting interests in DRP. The non-controlling interest was valued at $641 at the acquisition date. Refer to Note 5 for details. 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 $63,891 and $21,610 at September 30, 2016 and December 31, 2015 , respectively, consists of prepaid interest and principal pursuant to the requirements of certain of the Company’s debt agreements (Note 8), and funds set aside for qualifying constructions projects at Jefferson Terminal. 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 nine months ended September 30, 2016 , the Company earned approximately 10% and 11% , respectively, of its revenue from one customer in the Jefferson Terminal segment. During the three and nine months ended September 30, 2015 , the Company earned approximately 12% and 23% , respectively, of its revenue from one customer in the Offshore Energy segment, and one customer in Offshore Energy and Jefferson Terminal segments, respectively. As of September 30, 2016 , accounts receivable from two customers in the Offshore Energy segment each represented 20% and 23% of total accounts receivable, net. As of December 31, 2015, accounts receivable from two customers in the Offshore Segment each represented 27% and 25% 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 September 30, 2016 and December 31, 2015 was $434 and $392 , respectively. Bad debt expense for the three and nine months ended September 30, 2016 was $79 and $134 , respectively. Bad debt expense for the three and nine months ended September 30, 2015 was $ 96 and $255 , 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. 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 nine months ended September 30, 2016 . The Company does not enter into speculative derivative transactions. Other Assets— Other assets is primarily comprised of notes receivables of $22,422 and $19,468 , leasing equipment purchase deposits of $10,236 and $7,450 , capitalized costs for potential asset acquisitions of $1,795 and $5,473 , prepaid expenses of $4,368 and $1,818 , and receivables of $13,000 and $0 as of September 30, 2016 and December 31, 2015 , respectively. Dividends— Dividends are recorded when and if declared by the Board of Directors. For the three and nine months ended September 30, 2016 , the Board of Directors declared a cash dividend of $0.33 and $0.99 per share, respectively. For the three and nine months ended September 30, 2015 , the Board of Directors declared a cash dividend of $0.33 and $0.48 per share, respectively. Recent Accounting Pronouncements —In February 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“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 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 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 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, Revenues from Contracts with Customers (Topic 606) ( “ASU 2014-09” ) . ASU 2014-09 requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August 2015, the FASB deferred the effective date of this standard by one year, which will be for fiscal years, and interim periods within those years, beginning after December 15, 2017. Additionally, during 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers, Principal versus Agent Considerations, ASU 2016-10, Revenue from Contracts with Customers, Identifying Performance Obligations and Licensing and ASU 2016-12, Revenue from Contracts with Customers, Narrow-Scope Improvements and Practical Expedients , which clarify the guidance on reporting revenue as a principal versus agent, identifying performance obligations, accounting for intellectual property licenses, and assessing collectibility, present sales tax and treating noncash consideration. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In July 2015, the FASB issued ASU 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 believes the impact of adopting this new guidance on its consolidated financial statements will be immaterial. 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 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 June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”) . 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. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”) . ASU 2016-15 addresses the following eight specific cash flow issues: (i) debt prepayment or debt extinguishment costs; (ii) settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; (iii) contingent consideration payments made after a business combination; (iv) proceeds from the settlement of insurance claims; (v) proceeds from the settlement of corporate-owned life insurance policies (COLIs); (vi) distributions received from equity method investees; (vii) beneficial interests in securitization transactions; (viii) and separately identifiable cash flows and application of the predominance principle. ASU 2013-15 will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements.

LEASING EQUIPMENT

LEASING EQUIPMENT	9 Months Ended
	Sep. 30, 2016
Leases [Abstract]
LEASING EQUIPMENT, NET	LEASING EQUIPMENT, NET Leasing equipment, net is summarized as follows: September 30, 2016 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 536,714 $ 185,614 $ 44,326 $ 766,654 Less: Accumulated depreciation (55,078 ) (14,631 ) (2,377 ) (72,086 ) Leasing equipment, net $ 481,636 $ 170,983 $ 41,949 $ 694,568 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 nine months ended September 30, 2016 , the Company acquired seven aircraft and thirteen commercial jet engines and sold three commercial jet engines. Depreciation expense for leasing equipment for the three and nine months ended September 30, 2016 was $11,322 and $31,065 , respectively. Depreciation expense for leasing equipment for the three and nine months ended September 30, 2015 was $7,888 and $22,072 , respectively.

FINANCE LEASES, NET

FINANCE LEASES, NET	9 Months Ended
	Sep. 30, 2016
Leases [Abstract]
FINANCE LEASES, NET	FINANCE LEASES, NET Finance leases, net are summarized as follows: September 30, 2016 December 31, 2015 Offshore Energy Offshore Energy Shipping Containers Total Finance leases $ 18,528 $ 20,037 $ 82,332 $ 102,369 Unearned revenue (8,704 ) (9,915 ) (9,933 ) (19,848 ) Finance leases, net $ 9,824 $ 10,122 $ 72,399 $ 82,521 During the first quarter of 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 September 30, 2016 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2016 $ 504 2017 2,008 2018 2,008 2019 2,008 2020 2,013 Thereafter 9,987 Total $ 18,528

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	9 Months Ended
	Sep. 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: September 30, 2016 December 31, 2015 Land, site improvements and rights $ 57,597 $ 19,492 Construction in progress 45,495 55,927 Buildings and improvements 2,750 2,750 Crude oil terminal machinery and equipment 236,656 210,857 Track and track related assets 17,433 17,159 Railroad equipment 999 1,050 Railcars and locomotives 2,642 1,720 Computer hardware and software 168 152 Furniture and fixtures 405 410 Vehicles 964 547 365,109 310,064 Less: Accumulated depreciation (22,796 ) (13,215 ) Spare parts 2,833 2,829 Property, plant and equipment, net $ 345,146 $ 299,678 During nine months ended September 30, 2016 additional property, plant and equipment of $55,174 was acquired, consisting primarily of the purchase of land, construction in progress, crude oil machinery and equipment, and railcars and locomotives. On July 1, 2016, the Company, through one of its consolidated subsidiaries, purchased the assets of Repauno for a cash purchase price of approximately $24,000 . These amounts consist primarily of land, a storage cavern, riparian rights for the acquired land, site improvements and rights. As part of the transaction, additional amounts of $13,991 were capitalized for costs directly related to the purchase, including costs for legal advice, exploratory diligence, and regulatory permitting costs in an effort to close the transaction and pre-acquisition services provided by our third party shareholder in exchange for a minority interest. Payment obligations of $5,321 relating to the non-controlling interest shareholder were classified in other liabilities. Further post acquisition costs of $3,406 have been capitalized and are included in construction in progress, as development has commenced on the storage cavern and warehouse facilities. As of September 30, 2016 , Repauno is part of the Corporate segment. During the nine months ended September 30, 2016 , disposals of railroad equipment totaled $125 . Depreciation expense for property, plant and equipment was $3,154 and $9,530 , for the three and nine months ended September 30, 2016 , respectively. Depreciation expense for property, plant and equipment was $ 2,764 and $ 8,114 , for the three and nine months ended September 30, 2015 , respectively.

INVESTMENTS IN UNCONSOLIDATED E

INVESTMENTS IN UNCONSOLIDATED ENTITIES	9 Months Ended
	Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN UNCONSOLIDATED ENTITIES	INVESTMENTS IN UNCONSOLIDATED ENTITIES The following table presents the ownership interests and carrying values of the Company’s investments in unconsolidated entities: Carrying Value Ownership Percentage September 30, 2016 December 31, 2015 JGP Energy Partners LLC 50% $ 1,754 $ — Intermodal Finance I, Ltd. 51% $ 8,768 $ 10,675 JGP In 2016, the Company initiated activities in a 50% non-controlling interest in JGP, a joint venture. JGP is governed by a designated operating committee selected by the members in proportion to their equity interests. JGP is solely reliant on its members to finance its activities and therefore is a variable interest entity. The Company concluded it is not the primary beneficiary of JGP as the members share equally in the risks and rewards and decision making authority of the entity; therefore, the Company does not consolidate JGP and instead accounts for this investment in accordance with the equity method. The primary financial activities for JGP relate to member investments and therefore JGP summary financial information has not been presented. Intermodal Finance I, Ltd. 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 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 five customers and comprising approximately 53,000 shipping containers, as well as a portfolio of approximately 30,000 shipping containers subject to multiple operating leases. Summary financial information for Intermodal is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenue Total revenues $ 2,470 $ 3,935 $ 8,931 $ 12,429 Expenses Operating expenses 387 296 810 722 General and administrative 799 241 1,474 614 Depreciation and amortization 1,275 586 4,738 1,785 Interest expense 529 930 1,826 2,788 Impairment expense — 20,604 — 20,604 Total expenses 2,990 22,657 8,848 26,513 Other income (loss) Loss on disposal of equipment (1,848 ) (266 ) (2,975 ) (317 ) Other income — 96 — 130 Total other loss (1,848 ) (170 ) (2,975 ) (187 ) Net loss (2,368 ) (18,892 ) (2,892 ) (14,271 ) Comprehensive loss $ (2,368 ) $ (18,892 ) $ (2,892 ) $ (14,271 ) Company's equity in losses $ (1,161 ) $ (9,584 ) $ (1,335 ) $ (7,118 ) September 30, December 31, 2016 2015 Assets Cash and cash equivalents $ 4,406 $ 4,796 Restricted cash 1,215 2,117 Accounts receivable 1,116 1,153 Other receivables 763 — Leasing equipment, net of accumulated depreciation of $9,312 and $7,305, respectively 32,846 47,735 Finance leases, net 20,988 34,261 Other assets 12 31 Total assets $ 61,346 $ 90,093 Liabilities Accounts payable and accrued liabilities 148 154 Syndication liabilities 1,710 3,201 Debt, net 59,115 82,991 Other liabilities 417 458 Total liabilities 61,390 86,804 Members’ Equity Members’ equity (44 ) 3,289 Total members’ equity (44 ) 3,289 Total liabilities and members’ equity $ 61,346 $ 90,093 Company’s investment in and advances to unconsolidated entities $ 8,768 $ 10,675

INTANGIBLE ASSETS AND LIABILITI

INTANGIBLE ASSETS AND LIABILITIES, NET	9 Months Ended
	Sep. 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: September 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 23,693 $ — $ — $ 23,693 Less: Accumulated amortization (14,611 ) — — (14,611 ) Acquired favorable lease intangibles, net 9,082 — — 9,082 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (7,383 ) (109 ) (7,492 ) Acquired customer relationships, net — 28,130 116 28,246 Total intangible assets, net $ 9,082 $ 28,130 $ 116 $ 37,328 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (508 ) — — (508 ) Acquired unfavorable lease intangibles, net $ 998 $ — $ — $ 998 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Lease intangibles Equipment leasing revenues $ 1,403 $ 1,405 $ 4,557 $ 5,198 Customer relationships Depreciation and amortization 900 896 2,699 2,689 Total $ 2,303 $ 2,301 $ 7,256 $ 7,887 As of September 30, 2016 , estimated net annual amortization of intangibles is as follows: Total 2016 $ 2,142 2017 6,953 2018 6,138 2019 4,496 2020 3,574 Thereafter 13,027 Total $ 36,330

DEBT

DEBT	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
DEBT	DEBT, NET The Company’s debt, net is summarized as follows: September 30, 2016 December 31, 2015 Loans payable Container Loan #1 $ — $ 34,761 Container Loan #2 — 11,338 FTAI Pride Credit Agreement 62,500 67,188 CMQR Credit Agreement 13,625 9,407 Jefferson Terminal Credit Agreement — 98,750 Total loans payable 76,125 221,444 Bonds payable Series 2012 Bonds (including unamortized premium of $1,710 and $1,751 at September 30, 2016 and December 31, 2015, respectively) 45,901 47,261 Series 2016 Bonds 144,200 — Total bonds payable 190,101 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 268,578 271,057 Less: Debt issuance costs (7,035 ) (4,836 ) Total debt, net $ 261,543 $ 266,221 Total debt due within one year $ 8,548 $ 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 2012 Bonds —On August 1, 2012, Jefferson County Development Corporation issued $46,875 of tax-exempt industrial bonds (“Series 2012 Bonds”), to specifically fund construction and operation of an intermodal transfer facility for crude oil and refined petroleum products. The proceeds of this issuance were loaned to Jefferson Terminal, to be held in trust, as restricted cash, to ensure adherence to the restrictions of use of the funds. Use of the proceeds requires approval from a trustee prior to release of funds. Such restricted cash may only be released to us after payment of applicable reserves, including a six -month interest reserve, and expenses, as determined by the trustee. The Series 2012 Bonds have a stated maturity of July 1, 2032, bear interest at 8.25%, and require scheduled principal payments. The principal of the Series 2012 Bonds is payable annually at varying amounts. In connection with the Company’s acquisition of Jefferson Terminal, the Series 2012 Bonds were recorded at a fair value of $48,554 , which represented a premium of $1,823 as compared to their face value at the date of acquisition; such premium is being amortized using the effective interest method over the remaining contractual term of the Series 2012 Bonds. The Series 2012 Bond agreement contains a financial covenant requiring a subsidiary of the Company to maintain a long-term debt service coverage ratio, as defined in the agreement, of 1.25 to 1, in each fiscal year, beginning with December 31, 2014. 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 therein, 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, and 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 affiliate of the Manager 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 earlier of 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 September 30, 2016 .

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 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 September 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 September 30, 2016 September 30, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 197,874 $ 197,874 $ — $ — Market Restricted cash 63,891 63,891 — — Market Total $ 261,765 $ 261,765 $ — $ — 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 September 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 September 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 September 30, 2016 and December 31, 2015 , the Company’s notes receivable also included a $17,935 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 $48,062 and $49,268 , respectively, at September 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 $151,392 at September 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	9 Months Ended
	Sep. 30, 2016
Revenue Disclosure [Abstract]
REVENUES	REVENUES Components of revenue are as follows: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 19,039 $ 2,561 $ — $ — $ — $ — $ 21,600 Maintenance revenue 7,646 — — — — — 7,646 Finance lease income — 403 — — — — 403 Other revenue 375 5 25 — — — 405 Total equipment leasing revenues 27,060 2,969 25 — — — 30,054 Infrastructure revenues Lease income — — — — — 16 16 Rail revenues — — — — 7,401 — 7,401 Terminal services revenues — — — 4,255 — — 4,255 Total infrastructure revenues — — — 4,255 7,401 16 11,672 Total revenues $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 10,664 $ 5,816 $ — $ — $ — $ — $ 16,480 Maintenance revenue 5,510 — — — — — 5,510 Finance lease income — 418 1,726 — — — 2,144 Other revenue — 201 25 — — — 226 Total equipment leasing revenues 16,174 6,435 1,751 — — — 24,360 Infrastructure revenues Lease income — — — 1,030 — — 1,030 Rail revenues — — — — 6,641 — 6,641 Terminal services revenues — — — 3,202 — — 3,202 Total infrastructure revenues — — — 4,232 6,641 — 10,873 Total revenues $ 16,174 $ 6,435 $ 1,751 $ 4,232 $ 6,641 $ — $ 35,233 Nine Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 46,636 $ 3,216 $ — $ — $ — $ — $ 49,852 Maintenance revenue 19,037 — — — — — 19,037 Finance lease income — 1,212 1,112 — — — 2,324 Other revenue 687 5 75 — — — 767 Total equipment leasing revenues 66,360 4,433 1,187 — — — 71,980 Infrastructure revenues Lease income — — — — — 16 16 Rail revenues — — — — 23,107 — 23,107 Terminal services revenues — — — 11,271 — — 11,271 Total infrastructure revenues — — — 11,271 23,107 16 34,394 Total revenues $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374 Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 30,211 $ 18,419 $ — $ — $ — $ — $ 48,630 Maintenance revenue 12,895 — — — — — 12,895 Finance lease income — 1,247 5,496 — — — 6,743 Other revenue 1,120 568 75 — — — 1,763 Total equipment leasing revenues 44,226 20,234 5,571 — — — 70,031 Infrastructure revenues Lease income — — — 3,850 — — 3,850 Rail revenues — — — — 18,488 — 18,488 Terminal services revenues — — — 10,401 — — 10,401 Total infrastructure revenues — — — 14,251 18,488 — 32,739 Total revenues $ 44,226 $ 20,234 $ 5,571 $ 14,251 $ 18,488 $ — $ 102,770 Minimum future annual revenues contracted to be received under existing operating leases of equipment as of September 30, 2016 are as follows: Total 2016 $ 18,722 2017 57,551 2018 42,109 2019 22,856 2020 12,208 Thereafter 8,304 Total $ 161,750

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	9 Months Ended
	Sep. 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 September 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 September 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 September 30, 2016 15,000 $ 16.98 8.65 $ — Restricted Shares The Company granted two equity based compensation awards in a subsidiary consisting of 1.3 million restricted shares in exchange for services. The first award for 1.25 million restricted shares had a grant date fair value of $23,879 . The fair value was determined on the grant date, August 27, 2014, using the market approach assuming no forfeitures. The shares vest in three tranches over three years , subject to continued employment and achievement of three separate performance conditions based on EBITDA for that subsidiary. The compensation expense will be recognized ratably over the remaining service period when it is probable that the performance conditions will be achieved and expires in August 2017. During the nine months ended September 30, 2016 , the achievement of all performance conditions was deemed not probable and accordingly, the $4,402 expense previously recognized was reversed in operating expenses in the Consolidated Statement of Operations. The second award of 42,000 restricted shares had a grant day fair value of $800 using the market approach and assuming no forfeited awards. The award vests over four years , provided the employee remains employed by the Company. During the first quarter of 2016, the employee terminated his employment, at which time 50% of the award was vested and 50% was forfeited per the terms of the agreement with the employee. 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 second quarter of 2016, effectively terminating and canceling the awards. As of September 30, 2016 , 1.25 million restricted shares were unvested and outstanding and no restricted shares were vested and outstanding. All restricted shares were unvested and outstanding as of December 31, 2015. Common Units The Company granted equity based compensation in a subsidiary consisting of 1.4 million common units with an aggregate grant date fair value of $1,688 in exchange for services assuming no forfeited amounts. 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. As of September 30, 2016 and December 31, 2015, 150,000 and 733,333 common units were nonvested, respectively. During the nine months ended September 30, 2016 , 583,333 common units vested, with a fair value of $722 . During the three months ended September 30, 2016 no shares vested. 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 Consolidated Statements of Operations includes the following expense (income) related to its stock-based compensation arrangements: Three Months Ended September 30, Nine Months Ended September 30, Remaining Expense To Be Recognized, If All Vesting Conditions Are Met 2016 2015 2016 2015 Stock Options $ — $ — $ — $ 24 $ — Restricted Shares — 903 (4,168 ) 2,675 23,879 Common Units 28 191 350 995 117 Total $ 28 $ 1,094 $ (3,818 ) $ 3,694 $ 23,996

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The current and deferred components of the income tax provision (benefit) included in the Consolidated Statements of Operations are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Current: Federal $ 43 $ 50 $ 205 $ 99 State and local 9 8 49 59 Foreign (218 ) 80 (192 ) 319 Total current provision (benefit) (166 ) 138 62 477 Deferred: Federal 1 (97 ) 2 (53 ) State and local — 4 1 5 Foreign 248 105 130 217 Total deferred provision 249 12 133 169 Total provision for income taxes $ 83 $ 150 $ 195 $ 646 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 September 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	9 Months Ended
	Sep. 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”), which 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 nine months ended September 30, 2015 , pre-IPO management fees were $0 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 nine months ended September 30, 2016 was $4,146 and $12,725 , respectively. The total post-IPO management fees for both the three and nine months ended September 30, 2015 was $4,606 and $6,632 , respectively. 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 and nine months ended September 30, 2016 . During the three and nine months ended September 30, 2016 , expense reimbursement of $1,960 and $5,361 was recorded in general and administrative expenses, respectively, and $990 and $3,017 was recorded in acquisition and transaction expenses, respectively, in the Consolidated Statements of Operations. During the three and nine months ended September 30, 2015 , expense reimbursement of $1,677 and $2,319 was recorded in general and administrative expenses, respectively, and $882 and $1,103 was recorded in acquisition and transaction expenses, respectively, in the Consolidated Statements of Operations. As of September 30, 2016 and December 31, 2015 , no amounts were receivable from the Manager. As of September 30, 2016 and December 31, 2015 , amounts due to the Manager or its affiliates of $1,124 and $994 , excluding accrued management fees, respectively, are included within accounts payable on the Consolidated Balance Sheets. As of September 30, 2016 and December 31, 2015 , amounts due to the Manager or its affiliates of $1,336 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 September 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 September 30, 2016 and December 31, 2015 was $73,039 and $71,321 , respectively. For the three months ending September 30, 2016 and September 30, 2015 , the amount of this non-controlling interest share of net loss was $1,762 and $2,034 , respectively. For the nine months ending September 30, 2016 and September 30, 2015 , the amount of this non-controlling interest share of net loss was $5,715 and $5,591 , 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 of the Manager is compensated for its guarantee of a portion of the obligations under the Standby Bond Purchase Agreement. This affiliate of the Manager received fees of $ 1,740 , which will be amortized as interest expense to the earlier of the redemption date or February 13, 2020.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 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, management fees and the recent purchase of Repauno, which consisted primarily of land, a storage cavern, and riparian rights. 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 September 30, 2016 Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 27,060 $ 2,969 $ 25 $ — $ — $ — $ 30,054 Infrastructure revenues — — — 4,255 7,401 16 11,672 Total revenues 27,060 2,969 25 4,255 7,401 16 41,726 Expenses Operating expenses 892 2,408 1 6,796 6,514 417 17,028 General and administrative — — — — — 3,205 3,205 Acquisition and transaction expenses — — — 109 — 1,579 1,688 Management fees and incentive allocation to affiliate — — — — — 4,146 4,146 Depreciation and amortization 9,376 1,669 — 3,920 411 — 15,376 Interest expense — 934 — 4,016 182 284 5,416 Total expenses 10,268 5,011 1 14,841 7,107 9,631 46,859 Other income (expense) Equity in losses of unconsolidated entities — — (1,161 ) — — — (1,161 ) Gain on sale of equipment, net — — — — 40 — 40 Loss on extinguishment of debt — — — — — — — Asset impairment — — — — — — — Interest income 6 4 — 196 — — 206 Other income — — — 485 — — 485 Total other income (expense) 6 4 (1,161 ) 681 40 — (430 ) Income (loss) before income taxes 16,798 (2,038 ) (1,137 ) (9,905 ) 334 (9,615 ) (5,563 ) Provision (benefit) for income taxes 100 — (41 ) 20 — 4 83 Net income (loss) 16,698 (2,038 ) (1,096 ) (9,925 ) 334 (9,619 ) (5,646 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 60 (131 ) — (4,241 ) 14 (72 ) (4,370 ) Net income (loss) attributable to shareholders $ 16,638 $ (1,907 ) $ (1,096 ) $ (5,684 ) $ 320 $ (9,547 ) $ (1,276 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 16,564 $ (1,907 ) $ (1,183 ) $ (5,719 ) $ 342 $ (7,964 ) $ 133 Add: Non-controlling share of adjustments to Adjusted Net Income 170 Add: Equity in losses of unconsolidated entities (1,161 ) Add: Cash payments for income taxes 174 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Loss from investments in unconsolidated entities 1,207 Less: Asset impairment charges — 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 (1,688 ) Less: Equity-based compensation expense (28 ) Less: Provision for income taxes (83 ) Net loss attributable to shareholders $ (1,276 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 3,554 $ — $ — $ — $ — $ — $ 3,554 Asia 11,589 2,565 25 — — — 14,179 Europe 9,431 — — — — — 9,431 North America 2,091 404 — 4,255 7,401 16 14,167 South America 395 — — — — — 395 Total revenues $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 II. For the Nine Months Ended September 30, 2016 Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 66,360 $ 4,433 $ 1,187 $ — $ — $ — $ 71,980 Infrastructure revenues — — — 11,271 23,107 16 34,394 Total revenues 66,360 4,433 1,187 11,271 23,107 16 106,374 Expenses Operating expenses 2,875 8,410 43 16,182 21,004 423 48,937 General and administrative — — — — — 9,154 9,154 Acquisition and transaction expenses — — — 400 — 4,222 4,622 Management fees and incentive allocation to affiliate — — — — — 12,725 12,725 Depreciation and amortization 25,307 4,927 — 11,589 1,471 — 43,294 Interest expense — 2,805 410 11,804 536 284 15,839 Total expenses 28,182 16,142 453 39,975 23,011 26,808 134,571 Other income (expense) Equity in losses of unconsolidated entities — — (1,335 ) — — — (1,335 ) Gain on sale of equipment, net 2,717 — 304 — 286 — 3,307 Loss on extinguishment of debt — — — (1,579 ) — — (1,579 ) Asset impairment — (7,450 ) — — — — (7,450 ) Interest income 9 9 — 69 — — 87 Other income (expense) — — (2 ) 585 — — 583 Total other income (expense) 2,726 (7,441 ) (1,033 ) (925 ) 286 — (6,387 ) Income (loss) before income taxes 40,904 (19,150 ) (299 ) (29,629 ) 382 (26,792 ) (34,584 ) Provision (benefit) for income taxes 188 — (54 ) 55 — 6 195 Net income (loss) 40,716 (19,150 ) (245 ) (29,684 ) 382 (26,798 ) (34,779 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 350 (4,289 ) — (12,522 ) 11 (78 ) (16,528 ) Net income (loss) attributable to shareholders $ 40,366 $ (14,861 ) $ (245 ) $ (17,162 ) $ 371 $ (26,720 ) $ (18,251 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 40,016 $ (11,136 ) $ (405 ) $ (18,495 ) $ 702 $ (22,496 ) $ (11,814 ) Add: Non-controlling share of adjustments to Adjusted Net Income 2,891 Add: Equity in losses of unconsolidated entities (1,335 ) Add: Cash payments for income taxes 594 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 1,444 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 (4,622 ) Less: Equity-based compensation income 3,818 Less: Provision for income taxes (195 ) Net loss attributable to shareholders $ (18,251 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 9,201 $ — $ — $ — $ — $ — $ 9,201 Asia 30,665 2,973 858 — — — 34,496 Europe 20,929 248 — — — — 21,177 North America 4,192 1,212 329 11,271 23,107 16 40,127 South America 1,373 — — — — — 1,373 Total revenues $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374 II. For the Three Months Ended September 30, 2015 Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 16,174 $ 6,435 $ 1,751 $ — $ — $ — $ 24,360 Infrastructure revenues — — — 4,232 6,641 — 10,873 Total revenues 16,174 6,435 1,751 4,232 6,641 — 35,233 Expenses Operating expenses 1,208 724 128 8,599 7,220 — 17,879 General and administrative — — — — — 2,568 2,568 Acquisition and transaction expenses — — — — — 2,206 2,206 Management fees and incentive allocation to affiliate — — — — — 4,606 4,606 Depreciation and amortization 6,122 1,489 — 3,469 468 — 11,548 Interest expense — 946 591 2,988 143 — 4,668 Total expenses 7,330 3,159 719 15,056 7,831 9,380 43,475 Other income (expense) Equity in losses of unconsolidated entities — — (9,584 ) — — — (9,584 ) Gain on sale of equipment, net 1,674 — — — 72 — 1,746 Interest income 3 115 — 41 — — 159 Other income — — (5 ) 20 — — 15 Total other income (expense) 1,677 115 (9,589 ) 61 72 — (7,664 ) Income (loss) before income taxes 10,521 3,391 (8,557 ) (10,763 ) (1,118 ) (9,380 ) (15,906 ) Provision (benefit) for income taxes 308 — (164 ) 4 — 2 150 Net income (loss) 10,213 3,391 (8,393 ) (10,767 ) (1,118 ) (9,382 ) (16,056 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 196 — (4,454 ) (54 ) (6 ) (4,318 ) Net income (loss) attributable to shareholders $ 10,213 $ 3,195 $ (8,393 ) $ (6,313 ) $ (1,064 ) $ (9,376 ) $ (11,738 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 10,521 $ 3,195 $ 1,956 $ (5,762 ) $ (884 ) $ (7,168 ) $ 1,858 Add: Non-controlling share of adjustments to Adjusted Net Income 370 Add: Equity in losses of unconsolidated entities (9,584 ) Add: Cash payments for income taxes (3 ) Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (924 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (5 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (2,206 ) Less: Equity-based compensation expense (1,094 ) Less: Provision for income taxes (150 ) Net loss attributable to shareholders $ (11,738 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,668 $ — $ — $ — $ — $ — $ 2,668 Asia 6,611 1,887 1,316 — — — 9,814 Europe 5,785 4,130 — — — — 9,915 North America 821 418 435 4,232 6,641 — 12,547 South America 289 — — — — — 289 Total revenues $ 16,174 $ 6,435 $ 1,751 $ 4,232 $ 6,641 $ — $ 35,233 III. For the Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 44,226 $ 20,234 $ 5,571 $ — $ — $ — $ 70,031 Infrastructure revenues — — — 14,251 18,488 — 32,739 Total revenues 44,226 20,234 5,571 14,251 18,488 — 102,770 Expenses Operating expenses 1,923 1,685 298 24,773 21,519 — 50,198 General and administrative — — — — — 4,905 4,905 Acquisition and transaction expenses — — — — — 4,172 4,172 Management fees and incentive allocation to affiliate — — — — — 10,505 10,505 Depreciation and amortization 16,774 4,467 — 10,238 1,396 — 32,875 Interest expense — 2,854 1,858 9,094 434 — 14,240 Total expenses 18,697 9,006 2,156 44,105 23,349 19,582 116,895 Other income (expense) Equity in losses of unconsolidated entities — — (7,118 ) — — — (7,118 ) Gain on sale of equipment, net 1,958 — — — 79 — 2,037 Interest income 11 368 — 83 — — 462 Other expense — — (14 ) 20 — — 6 Total other income (expense) 1,969 368 (7,132 ) 103 79 — (4,613 ) Income (loss) before income taxes 27,498 11,596 (3,717 ) (29,751 ) (4,782 ) (19,582 ) (18,738 ) Provision (benefit) for income taxes 720 — (129 ) 53 — 2 646 Net income (loss) 26,778 11,596 (3,588 ) (29,804 ) (4,782 ) (19,584 ) (19,384 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 566 — (12,653 ) (166 ) (4 ) (12,257 ) Net income (loss) attributable to shareholders $ 26,778 $ 11,030 $ (3,588 ) $ (17,151 ) $ (4,616 ) $ (19,580 ) $ (7,127 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 27,271 $ 11,030 $ 6,805 $ (15,718 ) $ (3,656 ) $ (15,382 ) $ 10,350 Add: Non-controlling share of adjustments to Adjusted Net Income 1,050 Add: Equity in losses of unconsolidated entities (7,118 ) Add: Cash payments for income taxes 507 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (3,390 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (14 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (4,172 ) Less: Equity-based compensation expense (3,694 ) Less: Provision for income taxes (646 ) Net loss attributable to shareholders $ (7,127 ) Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 8,466 $ — $ — $ — $ — $ — $ 8,466 Asia 18,367 5,597 4,043 — — — 28,007 Europe 14,931 13,378 — — — — 28,309 North America 1,914 1,259 1,528 14,251 18,488 — 37,440 South America 548 — — — — — 548 Total revenues $ 44,226 $ 20,234 $ 5,571 $ 14,251 $ 18,488 $ — $ 102,770 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 September 30, 2016 and December 31, 2015 : September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 529,499 $ 205,368 $ 8,946 $ 530,885 $ 42,391 $ 237,494 $ 1,554,583 Debt, net — 64,159 — 184,285 13,099 — 261,543 Total liabilities 64,932 67,709 — 199,157 27,188 10,411 369,397 Non-controlling interests in equity of consolidated subsidiaries 1,249 3,403 — 103,856 2,075 1,110 111,693 Total equity 464,567 137,659 8,946 331,728 15,203 227,083 1,185,186 Total liabilities and equity $ 529,499 $ 205,368 $ 8,946 $ 530,885 $ 42,391 $ 237,494 $ 1,554,583 September 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 $ 51,468 $ — $ — $ — $ — $ — $ 51,468 Asia 196,565 170,983 — — — — 367,548 Europe 189,783 — — — — — 189,783 North America 43,694 — — 316,689 29,010 41,396 430,789 South America 126 — — — — — 126 Total property, plant and equipment and equipment held for lease, net $ 481,636 $ 170,983 $ — $ 316,689 $ 29,010 $ 41,396 $ 1,039,714 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, net — 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	9 Months Ended
	Sep. 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 its 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 September 30, Nine Months Ended September 30, (in thousands, except share and per share data) 2016 2015 2016 2015 Net loss attributable to shareholders $ (1,276 ) $ (11,738 ) $ (18,251 ) $ (7,127 ) Weighted Average Shares Outstanding - Basic 75,746,200 75,718,183 75,734,587 64,114,734 Weighted Average Shares Outstanding - Diluted 75,746,200 75,718,183 75,734,587 64,114,734 Basic and Diluted EPS $ (0.02 ) $ (0.16 ) $ (0.24 ) $ (0.11 ) For the three and nine months ended September 30, 2016 , 7,333 and 9,474 shares, respectively have been excluded from the calculation of Diluted EPS because the impact would be anti-dilutive.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 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, lessees have asserted that they are 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 $10,306 . No amount has been recorded for this matter in the Company’s consolidated financial statements as of September 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 arrangements is remote. The Company, as part of the Repauno asset purchase, has also entered into an arrangement with its non-controlling interest holder, whereby the non-controlling interest holder may receive additional payments contingent upon the achievement of certain performance conditions, not to exceed $15,000 (Note 5). The Company will capitalize such amounts when and if such performance conditions are achieved. Two of the Company’s subsidiaries are lessees under various operating and capital leases. Total rent expense for operating leases was $1,197 and $1,288 for the three months ended September 30, 2016 and 2015, respectively. Total rent expense for operating leases was $3,724 and $3,227 for the nine months ended September 30, 2016 and 2015, respectively. As of September 30, 2016 , minimum future rental payments under operating and capital leases are as follows: 2016 $ 1,722 2017 6,453 2018 5,846 2019 5,421 2020 4,734 Thereafter 77,230 Total $ 101,406

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On November 1, 2016, the Company’s Board of Directors declared a cash dividend on its common stock of $0.33 per share for the quarter ended September 30, 2016 , payable on November 30, 2016 to the holders of record on November 18, 2016.

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 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
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 nine months ended September 30, 2016 , the Company earned approximately 10% and 11% , respectively, of its revenue from one customer in the Jefferson Terminal segment. During the three and nine months ended September 30, 2015 , the Company earned approximately 12% and 23% , respectively, of its revenue from one customer in the Offshore Energy segment, and one customer in Offshore Energy and Jefferson Terminal segments, respectively. As of September 30, 2016 , accounts receivable from two customers in the Offshore Energy segment each represented 20% and 23% of total accounts receivable, net. As of December 31, 2015, accounts receivable from two customers in the Offshore Segment each represented 27% and 25% 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.
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 nine months ended September 30, 2016 . The Company does not enter into speculative derivative transactions.
Accounting Pronouncements	In February 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“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 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 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 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, Revenues from Contracts with Customers (Topic 606) ( “ASU 2014-09” ) . ASU 2014-09 requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August 2015, the FASB deferred the effective date of this standard by one year, which will be for fiscal years, and interim periods within those years, beginning after December 15, 2017. Additionally, during 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers, Principal versus Agent Considerations, ASU 2016-10, Revenue from Contracts with Customers, Identifying Performance Obligations and Licensing and ASU 2016-12, Revenue from Contracts with Customers, Narrow-Scope Improvements and Practical Expedients , which clarify the guidance on reporting revenue as a principal versus agent, identifying performance obligations, accounting for intellectual property licenses, and assessing collectibility, present sales tax and treating noncash consideration. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In July 2015, the FASB issued ASU 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 believes the impact of adopting this new guidance on its consolidated financial statements will be immaterial. 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 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 June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”) . 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. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”) . ASU 2016-15 addresses the following eight specific cash flow issues: (i) debt prepayment or debt extinguishment costs; (ii) settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; (iii) contingent consideration payments made after a business combination; (iv) proceeds from the settlement of insurance claims; (v) proceeds from the settlement of corporate-owned life insurance policies (COLIs); (vi) distributions received from equity method investees; (vii) beneficial interests in securitization transactions; (viii) and separately identifiable cash flows and application of the predominance principle. ASU 2013-15 will be effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. 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)	9 Months Ended
	Sep. 30, 2016
Leases [Abstract]
Summary of Leasing Equipment	Leasing equipment, net is summarized as follows: September 30, 2016 Equipment Aviation Leasing Offshore Energy Jefferson Terminal Total Leasing equipment: $ 536,714 $ 185,614 $ 44,326 $ 766,654 Less: Accumulated depreciation (55,078 ) (14,631 ) (2,377 ) (72,086 ) Leasing equipment, net $ 481,636 $ 170,983 $ 41,949 $ 694,568 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)	9 Months Ended
	Sep. 30, 2016
Leases [Abstract]
Schedule of Capital Leases, Lessor Balance Sheet	Finance leases, net are summarized as follows: September 30, 2016 December 31, 2015 Offshore Energy Offshore Energy Shipping Containers Total Finance leases $ 18,528 $ 20,037 $ 82,332 $ 102,369 Unearned revenue (8,704 ) (9,915 ) (9,933 ) (19,848 ) Finance leases, net $ 9,824 $ 10,122 $ 72,399 $ 82,521
Schedule of Future Minimum Lease Payments for Capital Leases	As of September 30, 2016 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2016 $ 504 2017 2,008 2018 2,008 2019 2,008 2020 2,013 Thereafter 9,987 Total $ 18,528

PROPERTY, PLANT AND EQUIPMENT28

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, plant and equipment, net is summarized as follows: September 30, 2016 December 31, 2015 Land, site improvements and rights $ 57,597 $ 19,492 Construction in progress 45,495 55,927 Buildings and improvements 2,750 2,750 Crude oil terminal machinery and equipment 236,656 210,857 Track and track related assets 17,433 17,159 Railroad equipment 999 1,050 Railcars and locomotives 2,642 1,720 Computer hardware and software 168 152 Furniture and fixtures 405 410 Vehicles 964 547 365,109 310,064 Less: Accumulated depreciation (22,796 ) (13,215 ) Spare parts 2,833 2,829 Property, plant and equipment, net $ 345,146 $ 299,678

INVESTMENTS IN UNCONSOLIDATED29

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenue Total revenues $ 2,470 $ 3,935 $ 8,931 $ 12,429 Expenses Operating expenses 387 296 810 722 General and administrative 799 241 1,474 614 Depreciation and amortization 1,275 586 4,738 1,785 Interest expense 529 930 1,826 2,788 Impairment expense — 20,604 — 20,604 Total expenses 2,990 22,657 8,848 26,513 Other income (loss) Loss on disposal of equipment (1,848 ) (266 ) (2,975 ) (317 ) Other income — 96 — 130 Total other loss (1,848 ) (170 ) (2,975 ) (187 ) Net loss (2,368 ) (18,892 ) (2,892 ) (14,271 ) Comprehensive loss $ (2,368 ) $ (18,892 ) $ (2,892 ) $ (14,271 ) Company's equity in losses $ (1,161 ) $ (9,584 ) $ (1,335 ) $ (7,118 ) September 30, December 31, 2016 2015 Assets Cash and cash equivalents $ 4,406 $ 4,796 Restricted cash 1,215 2,117 Accounts receivable 1,116 1,153 Other receivables 763 — Leasing equipment, net of accumulated depreciation of $9,312 and $7,305, respectively 32,846 47,735 Finance leases, net 20,988 34,261 Other assets 12 31 Total assets $ 61,346 $ 90,093 Liabilities Accounts payable and accrued liabilities 148 154 Syndication liabilities 1,710 3,201 Debt, net 59,115 82,991 Other liabilities 417 458 Total liabilities 61,390 86,804 Members’ Equity Members’ equity (44 ) 3,289 Total members’ equity (44 ) 3,289 Total liabilities and members’ equity $ 61,346 $ 90,093 Company’s investment in and advances to unconsolidated entities $ 8,768 $ 10,675 The following table presents the ownership interests and carrying values of the Company’s investments in unconsolidated entities: Carrying Value Ownership Percentage September 30, 2016 December 31, 2015 JGP Energy Partners LLC 50% $ 1,754 $ — Intermodal Finance I, Ltd. 51% $ 8,768 $ 10,675

INTANGIBLE ASSETS AND LIABILI30

INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)	9 Months Ended
	Sep. 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: September 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 23,693 $ — $ — $ 23,693 Less: Accumulated amortization (14,611 ) — — (14,611 ) Acquired favorable lease intangibles, net 9,082 — — 9,082 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (7,383 ) (109 ) (7,492 ) Acquired customer relationships, net — 28,130 116 28,246 Total intangible assets, net $ 9,082 $ 28,130 $ 116 $ 37,328 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (508 ) — — (508 ) Acquired unfavorable lease intangibles, net $ 998 $ — $ — $ 998 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: September 30, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 23,693 $ — $ — $ 23,693 Less: Accumulated amortization (14,611 ) — — (14,611 ) Acquired favorable lease intangibles, net 9,082 — — 9,082 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (7,383 ) (109 ) (7,492 ) Acquired customer relationships, net — 28,130 116 28,246 Total intangible assets, net $ 9,082 $ 28,130 $ 116 $ 37,328 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (508 ) — — (508 ) Acquired unfavorable lease intangibles, net $ 998 $ — $ — $ 998 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 September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Lease intangibles Equipment leasing revenues $ 1,403 $ 1,405 $ 4,557 $ 5,198 Customer relationships Depreciation and amortization 900 896 2,699 2,689 Total $ 2,303 $ 2,301 $ 7,256 $ 7,887
Schedule of Net Annual Amortization of Intangibles	As of September 30, 2016 , estimated net annual amortization of intangibles is as follows: Total 2016 $ 2,142 2017 6,953 2018 6,138 2019 4,496 2020 3,574 Thereafter 13,027 Total $ 36,330

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	bt, net is summarized as follows: September 30, 2016 December 31, 2015 Loans payable Container Loan #1 $ — $ 34,761 Container Loan #2 — 11,338 FTAI Pride Credit Agreement 62,500 67,188 CMQR Credit Agreement 13,625 9,407 Jefferson Terminal Credit Agreement — 98,750 Total loans payable 76,125 221,444 Bonds payable Series 2012 Bonds (including unamortized premium of $1,710 and $1,751 at September 30, 2016 and December 31, 2015, respectively) 45,901 47,261 Series 2016 Bonds 144,200 — Total bonds payable 190,101 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 268,578 271,057 Less: Debt issuance costs (7,035 ) (4,836 ) Total debt, net $ 261,543 $ 266,221 Total debt due within one year $ 8,548 $ 24,791

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 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 September 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 September 30, 2016 September 30, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets: Cash and cash equivalents $ 197,874 $ 197,874 $ — $ — Market Restricted cash 63,891 63,891 — — Market Total $ 261,765 $ 261,765 $ — $ — 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)	9 Months Ended
	Sep. 30, 2016
Revenue Disclosure [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Components of revenue are as follows: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 19,039 $ 2,561 $ — $ — $ — $ — $ 21,600 Maintenance revenue 7,646 — — — — — 7,646 Finance lease income — 403 — — — — 403 Other revenue 375 5 25 — — — 405 Total equipment leasing revenues 27,060 2,969 25 — — — 30,054 Infrastructure revenues Lease income — — — — — 16 16 Rail revenues — — — — 7,401 — 7,401 Terminal services revenues — — — 4,255 — — 4,255 Total infrastructure revenues — — — 4,255 7,401 16 11,672 Total revenues $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 10,664 $ 5,816 $ — $ — $ — $ — $ 16,480 Maintenance revenue 5,510 — — — — — 5,510 Finance lease income — 418 1,726 — — — 2,144 Other revenue — 201 25 — — — 226 Total equipment leasing revenues 16,174 6,435 1,751 — — — 24,360 Infrastructure revenues Lease income — — — 1,030 — — 1,030 Rail revenues — — — — 6,641 — 6,641 Terminal services revenues — — — 3,202 — — 3,202 Total infrastructure revenues — — — 4,232 6,641 — 10,873 Total revenues $ 16,174 $ 6,435 $ 1,751 $ 4,232 $ 6,641 $ — $ 35,233 Nine Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 46,636 $ 3,216 $ — $ — $ — $ — $ 49,852 Maintenance revenue 19,037 — — — — — 19,037 Finance lease income — 1,212 1,112 — — — 2,324 Other revenue 687 5 75 — — — 767 Total equipment leasing revenues 66,360 4,433 1,187 — — — 71,980 Infrastructure revenues Lease income — — — — — 16 16 Rail revenues — — — — 23,107 — 23,107 Terminal services revenues — — — 11,271 — — 11,271 Total infrastructure revenues — — — 11,271 23,107 16 34,394 Total revenues $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374 Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Equipment leasing revenues Lease income $ 30,211 $ 18,419 $ — $ — $ — $ — $ 48,630 Maintenance revenue 12,895 — — — — — 12,895 Finance lease income — 1,247 5,496 — — — 6,743 Other revenue 1,120 568 75 — — — 1,763 Total equipment leasing revenues 44,226 20,234 5,571 — — — 70,031 Infrastructure revenues Lease income — — — 3,850 — — 3,850 Rail revenues — — — — 18,488 — 18,488 Terminal services revenues — — — 10,401 — — 10,401 Total infrastructure revenues — — — 14,251 18,488 — 32,739 Total revenues $ 44,226 $ 20,234 $ 5,571 $ 14,251 $ 18,488 $ — $ 102,770
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 September 30, 2016 are as follows: Total 2016 $ 18,722 2017 57,551 2018 42,109 2019 22,856 2020 12,208 Thereafter 8,304 Total $ 161,750 2016 $ 1,722 2017 6,453 2018 5,846 2019 5,421 2020 4,734 Thereafter 77,230 Total $ 101,406

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 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 September 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 September 30, 2016 15,000 $ 16.98 8.65 $ —
Schedule of Stock-based Compensation Arrangements	The Consolidated Statements of Operations includes the following expense (income) related to its stock-based compensation arrangements: Three Months Ended September 30, Nine Months Ended September 30, Remaining Expense To Be Recognized, If All Vesting Conditions Are Met 2016 2015 2016 2015 Stock Options $ — $ — $ — $ 24 $ — Restricted Shares — 903 (4,168 ) 2,675 23,879 Common Units 28 191 350 995 117 Total $ 28 $ 1,094 $ (3,818 ) $ 3,694 $ 23,996

INCOME TAXES INCOME TAXES (Tabl

INCOME TAXES INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The current and deferred components of the income tax provision (benefit) included in the Consolidated Statements of Operations are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Current: Federal $ 43 $ 50 $ 205 $ 99 State and local 9 8 49 59 Foreign (218 ) 80 (192 ) 319 Total current provision (benefit) (166 ) 138 62 477 Deferred: Federal 1 (97 ) 2 (53 ) State and local — 4 1 5 Foreign 248 105 130 217 Total deferred provision 249 12 133 169 Total provision for income taxes $ 83 $ 150 $ 195 $ 646

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	II. For the Nine Months Ended September 30, 2016 Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 66,360 $ 4,433 $ 1,187 $ — $ — $ — $ 71,980 Infrastructure revenues — — — 11,271 23,107 16 34,394 Total revenues 66,360 4,433 1,187 11,271 23,107 16 106,374 Expenses Operating expenses 2,875 8,410 43 16,182 21,004 423 48,937 General and administrative — — — — — 9,154 9,154 Acquisition and transaction expenses — — — 400 — 4,222 4,622 Management fees and incentive allocation to affiliate — — — — — 12,725 12,725 Depreciation and amortization 25,307 4,927 — 11,589 1,471 — 43,294 Interest expense — 2,805 410 11,804 536 284 15,839 Total expenses 28,182 16,142 453 39,975 23,011 26,808 134,571 Other income (expense) Equity in losses of unconsolidated entities — — (1,335 ) — — — (1,335 ) Gain on sale of equipment, net 2,717 — 304 — 286 — 3,307 Loss on extinguishment of debt — — — (1,579 ) — — (1,579 ) Asset impairment — (7,450 ) — — — — (7,450 ) Interest income 9 9 — 69 — — 87 Other income (expense) — — (2 ) 585 — — 583 Total other income (expense) 2,726 (7,441 ) (1,033 ) (925 ) 286 — (6,387 ) Income (loss) before income taxes 40,904 (19,150 ) (299 ) (29,629 ) 382 (26,792 ) (34,584 ) Provision (benefit) for income taxes 188 — (54 ) 55 — 6 195 Net income (loss) 40,716 (19,150 ) (245 ) (29,684 ) 382 (26,798 ) (34,779 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 350 (4,289 ) — (12,522 ) 11 (78 ) (16,528 ) Net income (loss) attributable to shareholders $ 40,366 $ (14,861 ) $ (245 ) $ (17,162 ) $ 371 $ (26,720 ) $ (18,251 ) Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 16,174 $ 6,435 $ 1,751 $ — $ — $ — $ 24,360 Infrastructure revenues — — — 4,232 6,641 — 10,873 Total revenues 16,174 6,435 1,751 4,232 6,641 — 35,233 Expenses Operating expenses 1,208 724 128 8,599 7,220 — 17,879 General and administrative — — — — — 2,568 2,568 Acquisition and transaction expenses — — — — — 2,206 2,206 Management fees and incentive allocation to affiliate — — — — — 4,606 4,606 Depreciation and amortization 6,122 1,489 — 3,469 468 — 11,548 Interest expense — 946 591 2,988 143 — 4,668 Total expenses 7,330 3,159 719 15,056 7,831 9,380 43,475 Other income (expense) Equity in losses of unconsolidated entities — — (9,584 ) — — — (9,584 ) Gain on sale of equipment, net 1,674 — — — 72 — 1,746 Interest income 3 115 — 41 — — 159 Other income — — (5 ) 20 — — 15 Total other income (expense) 1,677 115 (9,589 ) 61 72 — (7,664 ) Income (loss) before income taxes 10,521 3,391 (8,557 ) (10,763 ) (1,118 ) (9,380 ) (15,906 ) Provision (benefit) for income taxes 308 — (164 ) 4 — 2 150 Net income (loss) 10,213 3,391 (8,393 ) (10,767 ) (1,118 ) (9,382 ) (16,056 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 196 — (4,454 ) (54 ) (6 ) (4,318 ) Net income (loss) attributable to shareholders $ 10,213 $ 3,195 $ (8,393 ) $ (6,313 ) $ (1,064 ) $ (9,376 ) $ (11,738 ) The following tables set forth certain information for each reportable segment of the Company: I. For the Three Months Ended September 30, 2016 Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 27,060 $ 2,969 $ 25 $ — $ — $ — $ 30,054 Infrastructure revenues — — — 4,255 7,401 16 11,672 Total revenues 27,060 2,969 25 4,255 7,401 16 41,726 Expenses Operating expenses 892 2,408 1 6,796 6,514 417 17,028 General and administrative — — — — — 3,205 3,205 Acquisition and transaction expenses — — — 109 — 1,579 1,688 Management fees and incentive allocation to affiliate — — — — — 4,146 4,146 Depreciation and amortization 9,376 1,669 — 3,920 411 — 15,376 Interest expense — 934 — 4,016 182 284 5,416 Total expenses 10,268 5,011 1 14,841 7,107 9,631 46,859 Other income (expense) Equity in losses of unconsolidated entities — — (1,161 ) — — — (1,161 ) Gain on sale of equipment, net — — — — 40 — 40 Loss on extinguishment of debt — — — — — — — Asset impairment — — — — — — — Interest income 6 4 — 196 — — 206 Other income — — — 485 — — 485 Total other income (expense) 6 4 (1,161 ) 681 40 — (430 ) Income (loss) before income taxes 16,798 (2,038 ) (1,137 ) (9,905 ) 334 (9,615 ) (5,563 ) Provision (benefit) for income taxes 100 — (41 ) 20 — 4 83 Net income (loss) 16,698 (2,038 ) (1,096 ) (9,925 ) 334 (9,619 ) (5,646 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 60 (131 ) — (4,241 ) 14 (72 ) (4,370 ) Net income (loss) attributable to shareholders $ 16,638 $ (1,907 ) $ (1,096 ) $ (5,684 ) $ 320 $ (9,547 ) $ (1,276 ) III. For the Nine Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Equipment leasing revenues $ 44,226 $ 20,234 $ 5,571 $ — $ — $ — $ 70,031 Infrastructure revenues — — — 14,251 18,488 — 32,739 Total revenues 44,226 20,234 5,571 14,251 18,488 — 102,770 Expenses Operating expenses 1,923 1,685 298 24,773 21,519 — 50,198 General and administrative — — — — — 4,905 4,905 Acquisition and transaction expenses — — — — — 4,172 4,172 Management fees and incentive allocation to affiliate — — — — — 10,505 10,505 Depreciation and amortization 16,774 4,467 — 10,238 1,396 — 32,875 Interest expense — 2,854 1,858 9,094 434 — 14,240 Total expenses 18,697 9,006 2,156 44,105 23,349 19,582 116,895 Other income (expense) Equity in losses of unconsolidated entities — — (7,118 ) — — — (7,118 ) Gain on sale of equipment, net 1,958 — — — 79 — 2,037 Interest income 11 368 — 83 — — 462 Other expense — — (14 ) 20 — — 6 Total other income (expense) 1,969 368 (7,132 ) 103 79 — (4,613 ) Income (loss) before income taxes 27,498 11,596 (3,717 ) (29,751 ) (4,782 ) (19,582 ) (18,738 ) Provision (benefit) for income taxes 720 — (129 ) 53 — 2 646 Net income (loss) 26,778 11,596 (3,588 ) (29,804 ) (4,782 ) (19,584 ) (19,384 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries — 566 — (12,653 ) (166 ) (4 ) (12,257 ) Net income (loss) attributable to shareholders $ 26,778 $ 11,030 $ (3,588 ) $ (17,151 ) $ (4,616 ) $ (19,580 ) $ (7,127 )
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 16,564 $ (1,907 ) $ (1,183 ) $ (5,719 ) $ 342 $ (7,964 ) $ 133 Add: Non-controlling share of adjustments to Adjusted Net Income 170 Add: Equity in losses of unconsolidated entities (1,161 ) Add: Cash payments for income taxes 174 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Loss from investments in unconsolidated entities 1,207 Less: Asset impairment charges — 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 (1,688 ) Less: Equity-based compensation expense (28 ) Less: Provision for income taxes (83 ) Net loss attributable to shareholders $ (1,276 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 27,271 $ 11,030 $ 6,805 $ (15,718 ) $ (3,656 ) $ (15,382 ) $ 10,350 Add: Non-controlling share of adjustments to Adjusted Net Income 1,050 Add: Equity in losses of unconsolidated entities (7,118 ) Add: Cash payments for income taxes 507 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (3,390 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (14 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (4,172 ) Less: Equity-based compensation expense (3,694 ) Less: Provision for income taxes (646 ) Net loss attributable to shareholders $ (7,127 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 40,016 $ (11,136 ) $ (405 ) $ (18,495 ) $ 702 $ (22,496 ) $ (11,814 ) Add: Non-controlling share of adjustments to Adjusted Net Income 2,891 Add: Equity in losses of unconsolidated entities (1,335 ) Add: Cash payments for income taxes 594 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 1,444 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 (4,622 ) Less: Equity-based compensation income 3,818 Less: Provision for income taxes (195 ) Net loss attributable to shareholders $ (18,251 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Three Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Adjusted Net Income (Loss) $ 10,521 $ 3,195 $ 1,956 $ (5,762 ) $ (884 ) $ (7,168 ) $ 1,858 Add: Non-controlling share of adjustments to Adjusted Net Income 370 Add: Equity in losses of unconsolidated entities (9,584 ) Add: Cash payments for income taxes (3 ) Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (924 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments (5 ) Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (2,206 ) Less: Equity-based compensation expense (1,094 ) Less: Provision for income taxes (150 ) Net loss attributable to shareholders $ (11,738 )
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 September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 2,668 $ — $ — $ — $ — $ — $ 2,668 Asia 6,611 1,887 1,316 — — — 9,814 Europe 5,785 4,130 — — — — 9,915 North America 821 418 435 4,232 6,641 — 12,547 South America 289 — — — — — 289 Total revenues $ 16,174 $ 6,435 $ 1,751 $ 4,232 $ 6,641 $ — $ 35,233 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Nine Months Ended September 30, 2015 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 8,466 $ — $ — $ — $ — $ — $ 8,466 Asia 18,367 5,597 4,043 — — — 28,007 Europe 14,931 13,378 — — — — 28,309 North America 1,914 1,259 1,528 14,251 18,488 — 37,440 South America 548 — — — — — 548 Total revenues $ 44,226 $ 20,234 $ 5,571 $ 14,251 $ 18,488 $ — $ 102,770 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 3,554 $ — $ — $ — $ — $ — $ 3,554 Asia 11,589 2,565 25 — — — 14,179 Europe 9,431 — — — — — 9,431 North America 2,091 404 — 4,255 7,401 16 14,167 South America 395 — — — — — 395 Total revenues $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 Summary information with respect to the Company’s geographic sources of revenue, based on location of customer, is as follows: Nine months ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Revenues Africa $ 9,201 $ — $ — $ — $ — $ — $ 9,201 Asia 30,665 2,973 858 — — — 34,496 Europe 20,929 248 — — — — 21,177 North America 4,192 1,212 329 11,271 23,107 16 40,127 South America 1,373 — — — — — 1,373 Total revenues $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374
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, net — 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 September 30, 2016 and December 31, 2015 : September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Corporate Total Total assets $ 529,499 $ 205,368 $ 8,946 $ 530,885 $ 42,391 $ 237,494 $ 1,554,583 Debt, net — 64,159 — 184,285 13,099 — 261,543 Total liabilities 64,932 67,709 — 199,157 27,188 10,411 369,397 Non-controlling interests in equity of consolidated subsidiaries 1,249 3,403 — 103,856 2,075 1,110 111,693 Total equity 464,567 137,659 8,946 331,728 15,203 227,083 1,185,186 Total liabilities and equity $ 529,499 $ 205,368 $ 8,946 $ 530,885 $ 42,391 $ 237,494 $ 1,554,583
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 September 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 $ 51,468 $ — $ — $ — $ — $ — $ 51,468 Asia 196,565 170,983 — — — — 367,548 Europe 189,783 — — — — — 189,783 North America 43,694 — — 316,689 29,010 41,396 430,789 South America 126 — — — — — 126 Total property, plant and equipment and equipment held for lease, net $ 481,636 $ 170,983 $ — $ 316,689 $ 29,010 $ 41,396 $ 1,039,714

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, (in thousands, except share and per share data) 2016 2015 2016 2015 Net loss attributable to shareholders $ (1,276 ) $ (11,738 ) $ (18,251 ) $ (7,127 ) Weighted Average Shares Outstanding - Basic 75,746,200 75,718,183 75,734,587 64,114,734 Weighted Average Shares Outstanding - Diluted 75,746,200 75,718,183 75,734,587 64,114,734 Basic and Diluted EPS $ (0.02 ) $ (0.16 ) $ (0.24 ) $ (0.11 )

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 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 September 30, 2016 are as follows: Total 2016 $ 18,722 2017 57,551 2018 42,109 2019 22,856 2020 12,208 Thereafter 8,304 Total $ 161,750 2016 $ 1,722 2017 6,453 2018 5,846 2019 5,421 2020 4,734 Thereafter 77,230 Total $ 101,406

ORGANIZATION (Details)

ORGANIZATION (Details)	9 Months Ended
	Sep. 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		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)customerderivative_instrument$ / shares	Sep. 30, 2015USD ($)$ / shares	Sep. 30, 2016USD ($)customerderivative_instrument$ / shares	Sep. 30, 2015USD ($)$ / shares	Dec. 31, 2015USD ($)customer
Variable Interest Entities [Abstract]
Restricted cash	$ 63,891,000		$ 63,891,000		$ 21,610,000
Provision for doubtful accounts	434,000		434,000		392,000
Bad debt expense	$ 79,000	$ 96,000	$ 134,000	$ 255,000
Common stock dividends declared (in dollars per share) | $ / shares	$ 0.33	$ 0.33	$ 0.99	$ 0.48
Investments in and advances to unconsolidated entities	$ 10,522,000		$ 10,522,000		10,675,000
Other Assets
Variable Interest Entities [Abstract]
Accounts and Notes Receivable, Net	22,422,000		22,422,000		19,468,000
Leasing Equipment, Purchase Deposits	10,236,000		10,236,000		7,450,000
Capitalized Costs, Potential Asset Acquisitions	1,795,000		1,795,000		5,473,000
Prepaid Expense	4,368,000		4,368,000		1,818,000
Other Receivables	$ 13,000,000		$ 13,000,000		$ 0
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 | 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	10.00%		10.60%
Number of lessees | customer	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		12.00%		23.00%
Major Accounts Receivable Customer, Customer One | Customer Concentration Risk | Accounts Receivable
Variable Interest Entities [Abstract]
Concentration risk percentage			20.00%		27.00%
Major Accounts Receivable Customer, Customer Two | Customer Concentration Risk | Accounts Receivable
Variable Interest Entities [Abstract]
Concentration risk percentage			23.00%		25.00%
Subsidiary | Co-venturer
Variable Interest Entities [Abstract]
Subsidiary loan to VIE partner for equity contribution	$ 3,725,000		$ 3,725,000
Delaware River Partners LLC | Co-venturer
Variable Interest Entities [Abstract]
Equity Method Investment Contribution Amount			641,000
Variable Interest Entity, Primary Beneficiary | MT6015
Variable Interest Entities [Abstract]
Vessel purchase commitment			$ 75,000,000
Total assets					$ 7,533,000
Impairment charges on investments	$ 7,450,000
Variable Interest Entity, Primary Beneficiary | Subsidiary
Variable Interest Entities [Abstract]
Interest held in VIE, as a percentage			50.00%
Variable Interest Entity, Primary Beneficiary | Delaware River Partners LLC
Variable Interest Entities [Abstract]
Ownership percentage	100.00%		100.00%
Equity Method Investment, Economic Interest	90.00%		90.00%
JGP Energy Partners LLC
Variable Interest Entities [Abstract]
Interest held in VIE, as a percentage	50.00%
Ownership of other party, percentage	50.00%
Investments in and advances to unconsolidated entities	$ 1,754,000		$ 1,754,000		$ 0
Ownership percentage	50.00%		50.00%
Equity Method Investment Contribution Amount	$ 54,000,000
JGP Energy Partners LLC | FIG
Variable Interest Entities [Abstract]
Equity Method Investment Contribution Amount	$ 27,000,000

LEASING EQUIPMENT, NET (Details

LEASING EQUIPMENT, NET (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)aircraftcommercial_jet_engine	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment, net	$ 694,568		$ 694,568		$ 636,681
Number of aircraft acquired | aircraft			7
Equipment Leasing
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	766,654		$ 766,654		681,212
Less: Accumulated depreciation	(72,086)		(72,086)		(44,531)
Leasing equipment, net	694,568		$ 694,568		636,681
Commercial jet engines acquired | commercial_jet_engine			13
Commercial jet engines sold | commercial_jet_engine			3
Depreciation	11,322	$ 7,888	$ 31,065	$ 22,072
Reportable Subsegments | Equipment Leasing | Operating Segments | Aviation Leasing
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	536,714		536,714		452,602
Less: Accumulated depreciation	(55,078)		(55,078)		(33,281)
Leasing equipment, net	481,636		481,636		419,321
Reportable Subsegments | Equipment Leasing | Operating Segments | Offshore Energy
Property Subject to or Available for Operating Lease [Line Items]
Leasing equipment:	185,614		185,614		184,284
Less: Accumulated depreciation	(14,631)		(14,631)		(9,704)
Leasing equipment, net	170,983		170,983		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	(2,377)		(2,377)		(1,546)
Leasing equipment, net	$ 41,949		$ 41,949		$ 42,780

FINANCE LEASES, NET - Summary (

FINANCE LEASES, NET - Summary (Details) shipping_container in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016shipping_container	Sep. 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		$ 18,528	20,037
Unearned revenue		(8,704)	(9,915)
Finance leases, net		$ 9,824	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	Sep. 30, 2016USD ($)
Leases [Abstract]
2,016	$ 504
2,017	2,008
2,018	2,008
2,019	2,008
2,020	2,013
Thereafter	9,987
Total	$ 18,528

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net	$ 345,146	$ 299,678
Infrastructure
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	365,109	310,064
Less: Accumulated depreciation	(22,796)	(13,215)
Property, plant and equipment, net	345,146	299,678
Infrastructure | Land, site improvements and rights
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	57,597	19,492
Infrastructure | Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	45,495	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	236,656	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	999	1,050
Infrastructure | Railcars and locomotives
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,642	1,720
Infrastructure | Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	168	152
Infrastructure | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	405	410
Infrastructure | Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	964	547
Infrastructure | Spare parts
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,833	$ 2,829

PROPERTY, PLANT AND EQUIPMENT45

PROPERTY, PLANT AND EQUIPMENT, NET - Additional Information (Details) - USD ($) $ in Thousands	Jul. 01, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment acquired				$ 55,174
Depreciation expense		$ 3,154	$ 2,764	9,530	$ 8,114
Repauno
Property, Plant and Equipment [Line Items]
Property, plant and equipment acquired	$ 24,000
Acquisition Costs, Period Cost	13,991
Payment Obligation, Noncontrolling Interest		$ 5,321		5,321
Construction in progress
Property, Plant and Equipment [Line Items]
Acquisition Costs, Period Cost	$ 3,406
Railroad equipment
Property, Plant and Equipment [Line Items]
Disposals of railroad equipment				$ 125

INVESTMENTS IN UNCONSOLIDATED46

INVESTMENTS IN UNCONSOLIDATED ENTITIES (Ownership Carrying Values) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated entities	$ 10,522	$ 10,675
JGP Energy Partners LLC
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated entities	$ 1,754	0
Ownership Percentage	50.00%
Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated entities	$ 8,768	$ 10,675
Ownership Percentage	51.00%		51.00%

INVESTMENTS IN UNCONSOLIDATED47

INVESTMENTS IN UNCONSOLIDATED ENTITIES - Ownership Interest and Carrying Values (Details) shipping_container in Thousands, $ in Thousands	Sep. 30, 2016USD ($)shipping_containercustomer	Dec. 31, 2015USD ($)	Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]
Carrying value of investment | $	$ 10,522	$ 10,675
Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Ownership percentage	51.00%		51.00%
Number of customers | customer	5
Carrying value of investment | $	$ 8,768	$ 10,675
Containers | Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Number of shipping containers | shipping_container	53
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	30

INVESTMENTS IN UNCONSOLIDATED48

INVESTMENTS IN UNCONSOLIDATED ENTITIES - Intermodal Finance I, Ltd (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Expenses
Company's equity in losses	$ (1,161)	$ (9,584)	$ (1,335)	$ (7,118)
Members’ Equity
Investments in and advances to unconsolidated entities	10,522		10,522		$ 10,675
Intermodal Finance I, Ltd.
Revenue
Total revenues	2,470	3,935	8,931	12,429
Expenses
Operating expenses	387	296	810	722
General and administrative	799	241	1,474	614
Depreciation and amortization	1,275	586	4,738	1,785
Interest expense	529	930	1,826	2,788
Equity Method Investment, Summarized Financial Information, Impairment Expense	0	20,604	0	20,604
Total expenses	2,990	22,657	8,848	26,513
Loss on disposal of equipment	1,848	266	2,975	317
Other income	0	96	0	130
Total other loss	(1,848)	(170)	(2,975)	(187)
Net loss	(2,368)	(18,892)	(2,892)	(14,271)
Comprehensive loss	(2,368)	(18,892)	(2,892)	(14,271)
Company's equity in losses	(1,161)	$ (9,584)	(1,335)	$ (7,118)
Assets
Cash and cash equivalents	4,406		4,406		4,796
Restricted cash	1,215		1,215		2,117
Accounts receivable	1,116		1,116		1,153
Other receivables	763		763		0
Leasing equipment, net of accumulated depreciation of $9,312 and $7,305, respectively	32,846		32,846		47,735
Finance leases, net	20,988		20,988		34,261
Other assets	12		12		31
Total assets	61,346		61,346		90,093
Liabilities
Accounts payable and accrued liabilities	148		148		154
Syndication liabilities	1,710		1,710		3,201
Debt, net	59,115		59,115		82,991
Other liabilities	417		417		458
Total liabilities	61,390		61,390		86,804
Members’ Equity
Total members’ equity	(44)		(44)		3,289
Total liabilities and members’ equity	61,346		61,346		90,093
Investments in and advances to unconsolidated entities	8,768		8,768		10,675
Accumulated depreciation	$ 9,312		$ 9,312		$ 7,305

INTANGIBLE ASSETS AND LIABILI49

INTANGIBLE ASSETS AND LIABILITIES, NET - Summarized Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Intangible assets:
Total intangible assets, net	$ 37,328	$ 44,129
Intangible liabilities:
Acquired unfavorable lease intangibles	1,506	1,171
Less: Accumulated amortization	(508)	(151)
Acquired unfavorable lease intangibles, net	998	1,020
Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	23,693	22,881
Accumulated amortization	(14,611)	(9,697)
Total	9,082	13,184
Customer relationships
Intangible assets:
Acquired finite-lived intangibles	35,738	35,738
Accumulated amortization	(7,492)	(4,793)
Total	28,246	30,945
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing
Intangible assets:
Total intangible assets, net	9,082	13,184
Intangible liabilities:
Acquired unfavorable lease intangibles	1,506	1,171
Less: Accumulated amortization	(508)	(151)
Acquired unfavorable lease intangibles, net	998	1,020
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing | Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	23,693	22,881
Accumulated amortization	(14,611)	(9,697)
Total	9,082	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	28,130	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	35,513	35,513
Accumulated amortization	(7,383)	(4,718)
Total	28,130	30,795
Reportable Subsegments | Operating Segments | Infrastructure | Railroad
Intangible assets:
Total intangible assets, net	116	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	(109)	(75)
Total	$ 116	$ 150

INTANGIBLE ASSETS AND LIABILI50

INTANGIBLE ASSETS AND LIABILITIES, NET - Intangible Liabilities Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets and liabilities	$ 2,303	$ 2,301	$ 7,256	$ 7,887
Equipment leasing revenues | Lease intangibles
Finite-Lived Intangible Assets [Line Items]
Amortization of lease intangible assets and liabilities	1,403	1,405	4,557	5,198
Depreciation and amortization | Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 900	$ 896	$ 2,699	$ 2,689

INTANGIBLE ASSETS AND LIABILI51

INTANGIBLE ASSETS AND LIABILITIES, NET - Schedule of Future Amortization Expense (Details) $ in Thousands	Sep. 30, 2016USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	$ 2,142
2,017	6,953
2,018	6,138
2,019	4,496
2,020	3,574
Thereafter	13,027
Total	$ 36,330

DEBT - Schedule of Debt (Detail

DEBT - Schedule of Debt (Details)	Sep. 18, 2014USD ($)	Sep. 15, 2014USD ($)	Aug. 01, 2012USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	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					$ 268,578,000		$ 271,057,000		$ 268,578,000		$ 271,057,000
Total debt, net					261,543,000		266,221,000		261,543,000		266,221,000
Debt Issuance Cost									(7,035,000)		(4,836,000)
Total debt due within one year					8,548,000		24,791,000		8,548,000		24,791,000
Loss on extinguishment of debt					0			$ 0	(1,579,000)	$ 0
Loans Payable
Debt Instrument [Line Items]
Total debt, net					76,125,000		221,444,000		76,125,000		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					62,500,000		67,188,000		62,500,000		67,188,000
Loans Payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Total debt, net					13,625,000		9,407,000		13,625,000		9,407,000
Debt Instrument, Face Amount	$ 10,000,000												$ 20,000,000
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					190,101,000		47,261,000		190,101,000		47,261,000
Bonds payable | Series 2012 Bonds
Debt Instrument [Line Items]
Total debt, net					45,901,000		47,261,000		45,901,000		47,261,000
Unamortized premium					1,710,000		1,751,000		1,710,000		1,751,000
Debt Instrument, Covenant, Service Coverage Ratio												1.25
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														$ 144,200,000
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															$ 100,000,000
Debt Instrument, Periodic Payment						$ 250,000
Jefferson Terminal | Bonds payable | Series 2012 Bonds
Debt Instrument [Line Items]
Debt Instrument, Face Amount			$ 46,875,000
Debt Instrument, Period of Interest Reserve			6 months
Jefferson Terminal | Bonds payable | Dock and Wharf Facility Revenue Bonds, Series 2016
Debt Instrument [Line Items]
Debt Instrument, Fee Amount														$ 6,873,000
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
Jefferson Terminal | Bonds payable | Series 2012 Bonds
Debt Instrument [Line Items]
Unamortized premium															1,823,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tendered Bonds															$ 48,554,000

FAIR VALUE MEASUREMENTS - Finan

FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Sep. 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	261,765,000	$ 403,414,000
Recurring | Market
Assets:
Cash and cash equivalents	197,874,000	381,703,000
Restricted cash	63,891,000	21,610,000
Recurring | Income
Assets:
Derivative assets		101,000
Recurring | Level 1
Assets:
Total	261,765,000	403,313,000
Recurring | Level 1 | Market
Assets:
Cash and cash equivalents	197,874,000	381,703,000
Restricted cash	63,891,000	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 ($)	Sep. 30, 2016	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
Series 2012 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable	48,062,000		$ 49,268,000
Series 2016 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable			151,392,000
Co-venturer | Subsidiary
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Note receivable	$ 3,725,000
Loans receivable interest rate	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	$ 17,935,000		$ 14,869,000

REVENUES - Components of Revenu

REVENUES - Components of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Total revenues	$ 41,726	$ 35,233	$ 106,374	$ 102,770
Equipment Leasing
Revenues
Lease income	21,600	16,480	49,852	48,630
Maintenance revenue	7,646	5,510	19,037	12,895
Finance lease income	403	2,144	2,324	6,743
Other revenue	405	226	767	1,763
Total revenues	30,054	24,360	71,980	70,031
Infrastructure
Revenues
Lease income	16	1,030	16	3,850
Rail revenues	7,401	6,641	23,107	18,488
Terminal services revenues	4,255	3,202	11,271	10,401
Total revenues	11,672	10,873	34,394	32,739
Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	27,060	16,174	66,360	44,226
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	2,969	6,435	4,433	20,234
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25	1,751	1,187	5,571
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	4,255	4,232	11,271	14,251
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	7,401	6,641	23,107	18,488
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Lease income	19,039	10,664	46,636	30,211
Maintenance revenue	7,646	5,510	19,037	12,895
Finance lease income	0	0	0	0
Other revenue	375	0	687	1,120
Total revenues	27,060	16,174	66,360	44,226
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Lease income	2,561	5,816	3,216	18,419
Maintenance revenue	0	0	0	0
Finance lease income	403	418	1,212	1,247
Other revenue	5	201	5	568
Total revenues	2,969	6,435	4,433	20,234
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	1,726	1,112	5,496
Other revenue	25	25	75	75
Total revenues	25	1,751	1,187	5,571
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	1,030	0	3,850
Rail revenues	0	0	0	0
Terminal services revenues	4,255	3,202	11,271	10,401
Total revenues	4,255	4,232	11,271	14,251
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Lease income	0	0	0	0
Rail revenues	7,401	6,641	23,107	18,488
Terminal services revenues	0	0	0	0
Total revenues	7,401	$ 6,641	23,107	$ 18,488
Operating Segments | Reportable Subsegments | Corporate | Railroad
Revenues
Lease income	16		16
Rail revenues	0		0
Terminal services revenues	0		0
Total revenues	$ 16		$ 16

REVENUES - Minimum Future Annua

REVENUES - Minimum Future Annual Revenues (Details) $ in Thousands	Sep. 30, 2016USD ($)
Revenue Disclosure [Abstract]
2,016	$ 18,722
2,017	57,551
2,018	42,109
2,019	22,856
2,020	12,208
Thereafter	8,304
Total	$ 161,750

EQUITY-BASED COMPENSATION - Add

EQUITY-BASED COMPENSATION - Additional Information (Details) $ in Thousands	Aug. 27, 2014USD ($)	Sep. 30, 2016USD ($)shares	Mar. 31, 2016USD ($)performance_conditionshares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)trancheshares	Sep. 30, 2015USD ($)	Dec. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches | tranche					3
Allocated Share-based Compensation Expense		$ 28		$ 1,094	$ (3,818)	$ 3,694
Cash in lieu of delivering vested shares					200
Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense		0		903	$ (4,168)	2,675
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		$ 28		$ 191	$ 350	$ 995
Shares vested (in shares) | shares					583,333
Vested shares, fair value					$ 722
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
Grant date fair value					$ 1,688
Number of nonvested awards (in shares) | shares		150,000			150,000		733,333
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]
Equity based compensation restricted shares granted (in shares) | shares			42,000
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	9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares
Options
Stock options outstanding, beginning balance (in shares)	15,000
Granted (in shares)	0
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 7 months 24 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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	$ 28	$ 1,094	$ (3,818)	$ 3,694
Remaining expense to be recognized, if all vesting conditions are met	23,996		23,996
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	0	0	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	903	(4,168)	2,675
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	28	$ 191	350	$ 995
Remaining expense to be recognized, if all vesting conditions are met	$ 117		$ 117

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Current:
Federal	$ 43	$ 50	$ 205	$ 99
State and local	9	8	49	59
Foreign	(218)	80	(192)	319
Total current provision (benefit)	(166)	138	62	477
Deferred:
Federal	1	(97)	2	(53)
State and local	0	4	1	5
Foreign	248	105	130	217
Total deferred provision	249	12	133	169
Total provision for income taxes	$ 83	$ 150	$ 195	$ 646
U.S. federal tax rate			35.00%

MANAGEMENT AGREEMENT AND AFFI61

MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Mar. 31, 2015
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	$ 4,146,000		$ 4,606,000	$ 12,725,000	$ 10,505,000
Net income (loss) attributable to non-controlling interest	$ (4,370,000)		(4,318,000)	$ (16,528,000)	(12,257,000)
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%		20.00%
Non-controlling interest by private equity fund	$ 73,039,000			$ 73,039,000		$ 71,321,000
Net income (loss) attributable to non-controlling interest	1,762,000		(2,034,000)	5,715,000	(5,591,000)
Amounts payable to vendor	196,000			196,000		4,708,000
Manager | Management fees
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate				2,026,000
Management fee payable	1,124,000			1,124,000		994,000
Management fee percentage rate		1.50%
Due from related party	0			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
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction				1,740,000
General Partner | Pre-IPO Management Fees
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate			0		3,873,000
General Partner | Post IPO Management Fees
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	4,146,000		4,606,000	12,725,000	6,632,000
General Partner | Capital gains incentive allocation
Related Party Transaction [Line Items]
Management fee payable	0			0
General Partner | General and administrative expense
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	1,960,000		1,677,000	5,361,000	2,319,000
General Partner | Acquisition and Transaction Expenses
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate	990,000		$ 882,000	3,017,000	$ 1,103,000
Accounts Payable and Accrued Liabilities | Manager
Related Party Transaction [Line Items]
Amounts payable to vendor	$ 1,336,000			$ 1,336,000		$ 1,506,000

SEGMENT INFORMATION - Statement

SEGMENT INFORMATION - Statement of Income by Segment (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)segment	Sep. 30, 2015USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			5
Revenues
Total revenues	$ 41,726,000	$ 35,233,000	$ 106,374,000	$ 102,770,000
Expenses
Operating expenses	17,028,000	17,879,000	48,937,000	50,198,000
General and administrative	3,205,000	2,568,000	9,154,000	4,905,000
Acquisition and transaction expenses	1,688,000	2,206,000	4,622,000	4,172,000
Management fees and incentive allocation to affiliate	4,146,000	4,606,000	12,725,000	10,505,000
Depreciation and amortization	15,376,000	11,548,000	43,294,000	32,875,000
Interest expense	5,416,000	4,668,000	15,839,000	14,240,000
Total expenses	46,859,000	43,475,000	134,571,000	116,895,000
Other income (expense)
Equity in losses of unconsolidated entities	(1,161,000)	(9,584,000)	(1,335,000)	(7,118,000)
Gain on sale of equipment, net	40,000	1,746,000	3,307,000	2,037,000
Loss on extinguishment of debt	0	0	(1,579,000)	0
Asset impairment	0	0	(7,450,000)	0
Interest income	206,000	159,000	87,000	462,000
Other income	485,000	15,000	583,000	6,000
Total other expense	(430,000)	(7,664,000)	(6,387,000)	(4,613,000)
Loss before income taxes	(5,563,000)	(15,906,000)	(34,584,000)	(18,738,000)
Provision for income taxes	83,000	150,000	195,000	646,000
Net loss	(5,646,000)	(16,056,000)	(34,779,000)	(19,384,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,370,000)	(4,318,000)	(16,528,000)	(12,257,000)
Net loss attributable to shareholders	(1,276,000)	(11,738,000)	(18,251,000)	(7,127,000)
Equipment Leasing
Revenues
Total revenues	30,054,000	24,360,000	71,980,000	70,031,000
Infrastructure
Revenues
Total revenues	11,672,000	10,873,000	34,394,000	32,739,000
Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments
Revenues
Total revenues
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	27,060,000	16,174,000	66,360,000	44,226,000
Expenses
Operating expenses	892,000	1,208,000	2,875,000	1,923,000
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	9,376,000	6,122,000	25,307,000	16,774,000
Interest expense	0	0	0	0
Total expenses	10,268,000	7,330,000	28,182,000	18,697,000
Other income (expense)
Equity in losses of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	0	1,674,000	2,717,000	1,958,000
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest income	6,000	3,000	9,000	11,000
Other income	0	0	0	0
Total other expense	6,000	1,677,000	2,726,000	1,969,000
Loss before income taxes	16,798,000	10,521,000	40,904,000	27,498,000
Provision for income taxes	100,000	308,000	188,000	720,000
Net loss	16,698,000	10,213,000	40,716,000	26,778,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	60,000	0	350,000	0
Net loss attributable to shareholders	16,638,000	10,213,000	40,366,000	26,778,000
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	2,969,000	6,435,000	4,433,000	20,234,000
Expenses
Operating expenses	2,408,000	724,000	8,410,000	1,685,000
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	1,669,000	1,489,000	4,927,000	4,467,000
Interest expense	934,000	946,000	2,805,000	2,854,000
Total expenses	5,011,000	3,159,000	16,142,000	9,006,000
Other income (expense)
Equity in 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		(7,450,000)
Interest income	4,000	115,000	9,000	368,000
Other income	0	0	0	0
Total other expense	4,000	115,000	(7,441,000)	368,000
Loss before income taxes	(2,038,000)	3,391,000	(19,150,000)	11,596,000
Provision for income taxes	0	0	0	0
Net loss	(2,038,000)	3,391,000	(19,150,000)	11,596,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(131,000)	196,000	(4,289,000)	566,000
Net loss attributable to shareholders	(1,907,000)	3,195,000	(14,861,000)	11,030,000
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25,000	1,751,000	1,187,000	5,571,000
Expenses
Operating expenses	1,000	128,000	43,000	298,000
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	591,000	410,000	1,858,000
Total expenses	1,000	719,000	453,000	2,156,000
Other income (expense)
Equity in losses of unconsolidated entities	(1,161,000)	(9,584,000)	(1,335,000)	(7,118,000)
Gain on sale of equipment, net	0	0	304,000	0
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest income	0	0	0	0
Other income	0	(5,000)	(2,000)	(14,000)
Total other expense	(1,161,000)	(9,589,000)	(1,033,000)	(7,132,000)
Loss before income taxes	(1,137,000)	(8,557,000)	(299,000)	(3,717,000)
Provision for income taxes	(41,000)	(164,000)	(54,000)	(129,000)
Net loss	(1,096,000)	(8,393,000)	(245,000)	(3,588,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	0	0	0	0
Net loss attributable to shareholders	(1,096,000)	(8,393,000)	(245,000)	(3,588,000)
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	4,255,000	4,232,000	11,271,000	14,251,000
Expenses
Operating expenses	6,796,000	8,599,000	16,182,000	24,773,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	109,000	0	400,000	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	3,920,000	3,469,000	11,589,000	10,238,000
Interest expense	4,016,000	2,988,000	11,804,000	9,094,000
Total expenses	14,841,000	15,056,000	39,975,000	44,105,000
Other income (expense)
Equity in 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 income	196,000	41,000	69,000	83,000
Other income	485,000	20,000	585,000	20,000
Total other expense	681,000	61,000	(925,000)	103,000
Loss before income taxes	(9,905,000)	(10,763,000)	(29,629,000)	(29,751,000)
Provision for income taxes	20,000	4,000	55,000	53,000
Net loss	(9,925,000)	(10,767,000)	(29,684,000)	(29,804,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,241,000)	(4,454,000)	(12,522,000)	(12,653,000)
Net loss attributable to shareholders	(5,684,000)	(6,313,000)	(17,162,000)	(17,151,000)
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	7,401,000	6,641,000	23,107,000	18,488,000
Expenses
Operating expenses	6,514,000	7,220,000	21,004,000	21,519,000
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	411,000	468,000	1,471,000	1,396,000
Interest expense	182,000	143,000	536,000	434,000
Total expenses	7,107,000	7,831,000	23,011,000	23,349,000
Other income (expense)
Equity in losses of unconsolidated entities	0	0	0	0
Gain on sale of equipment, net	40,000	72,000	286,000	79,000
Loss on extinguishment of debt	0		0
Asset impairment	0		0
Interest income	0	0	0	0
Other income	0	0	0	0
Total other expense	40,000	72,000	286,000	79,000
Loss before income taxes	334,000	(1,118,000)	382,000	(4,782,000)
Provision for income taxes	0	0	0	0
Net loss	334,000	(1,118,000)	382,000	(4,782,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	14,000	(54,000)	11,000	(166,000)
Net loss attributable to shareholders	320,000	(1,064,000)	371,000	(4,616,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Total revenues	27,060,000	16,174,000	66,360,000	44,226,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Total revenues	2,969,000	6,435,000	4,433,000	20,234,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Revenues
Total revenues	25,000	1,751,000	1,187,000	5,571,000
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	4,255,000	4,232,000	11,271,000	14,251,000
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Total revenues	7,401,000	6,641,000	23,107,000	18,488,000
Corporate
Revenues
Total revenues	16,000	0	16,000	0
Expenses
Operating expenses	417,000	0	423,000	0
General and administrative	3,205,000	2,568,000	9,154,000	4,905,000
Acquisition and transaction expenses	1,579,000	2,206,000	4,222,000	4,172,000
Management fees and incentive allocation to affiliate	4,146,000	4,606,000	12,725,000	10,505,000
Depreciation and amortization	0	0	0	0
Interest expense	284,000	0	284,000	0
Total expenses	9,631,000	9,380,000	26,808,000	19,582,000
Other income (expense)
Equity in 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 income	0	0	0	0
Other income	0	0	0	0
Total other expense	0	0	0	0
Loss before income taxes	(9,615,000)	(9,380,000)	(26,792,000)	(19,582,000)
Provision for income taxes	4,000	2,000	6,000	2,000
Net loss	(9,619,000)	(9,382,000)	(26,798,000)	(19,584,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(72,000)	(6,000)	(78,000)	(4,000)
Net loss attributable to shareholders	(9,547,000)	(9,376,000)	(26,720,000)	(19,580,000)
Corporate | Equipment Leasing
Revenues
Total revenues	0	0	0	0
Corporate | Infrastructure
Revenues
Total revenues	$ 16,000	$ 0	$ 16,000	$ 0

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted Net Income to Net Income (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	$ 133,000	$ 1,858,000	$ (11,814,000)	$ 10,350,000
Add: Non-controlling share of adjustments to Adjusted Net Income	170,000	370,000	2,891,000	1,050,000
Equity in losses of unconsolidated entities	(1,161,000)	(9,584,000)	(1,335,000)	(7,118,000)
Add: Cash payments for income taxes	174,000	(3,000)	594,000	507,000
Less: Incentive allocations	0	0	0	0
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities	1,207,000	(924,000)	1,444,000	(3,390,000)
Less: Asset impairment charges	0	0	(7,450,000)	0
Less: Changes in fair value of non-hedge derivative instruments	0	(5,000)	(3,000)	(14,000)
Less: Losses on the modification or extinguishment of debt and capital lease obligations	0	0	(1,579,000)	0
Less: Acquisition and transaction expenses	(1,688,000)	(2,206,000)	(4,622,000)	(4,172,000)
Less: Equity-based compensation expense	(28,000)	(1,094,000)	3,818,000	(3,694,000)
Less: Provision for income taxes	(83,000)	(150,000)	(195,000)	(646,000)
Net loss attributable to shareholders	(1,276,000)	(11,738,000)	(18,251,000)	(7,127,000)
Operating Segments | Reportable Subsegments | Aviation Leasing
Segment Reporting Information [Line Items]
Equity in 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	(100,000)	(308,000)	(188,000)	(720,000)
Net loss attributable to shareholders	16,638,000	10,213,000	40,366,000	26,778,000
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Equity in losses of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		(7,450,000)
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	0	0	0	0
Net loss attributable to shareholders	(1,907,000)	3,195,000	(14,861,000)	11,030,000
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Equity in losses of unconsolidated entities	(1,161,000)	(9,584,000)	(1,335,000)	(7,118,000)
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	41,000	164,000	54,000	129,000
Net loss attributable to shareholders	(1,096,000)	(8,393,000)	(245,000)	(3,588,000)
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Equity in losses of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	(109,000)	0	(400,000)	0
Less: Provision for income taxes	(20,000)	(4,000)	(55,000)	(53,000)
Net loss attributable to shareholders	(5,684,000)	(6,313,000)	(17,162,000)	(17,151,000)
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Equity in 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 attributable to shareholders	320,000	(1,064,000)	371,000	(4,616,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	16,564,000	10,521,000	40,016,000	27,271,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(1,907,000)	3,195,000	(11,136,000)	11,030,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(1,183,000)	1,956,000	(405,000)	6,805,000
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(5,719,000)	(5,762,000)	(18,495,000)	(15,718,000)
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	342,000	(884,000)	702,000	(3,656,000)
Corporate
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(7,964,000)	(7,168,000)	(22,496,000)	(15,382,000)
Equity in losses of unconsolidated entities	0	0	0	0
Less: Asset impairment charges	0		0
Less: Acquisition and transaction expenses	(1,579,000)	(2,206,000)	(4,222,000)	(4,172,000)
Less: Provision for income taxes	(4,000)	(2,000)	(6,000)	(2,000)
Net loss attributable to shareholders	$ (9,547,000)	$ (9,376,000)	$ (26,720,000)	$ (19,580,000)

SEGMENT INFORMATION - Summary o

SEGMENT INFORMATION - Summary of Geographic Sources of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Total revenues	$ 41,726	$ 35,233	$ 106,374	$ 102,770
Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	30,054	24,360	71,980	70,031
Infrastructure
Segment Reporting Information [Line Items]
Total revenues	11,672	10,873	34,394	32,739
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	27,060	16,174	66,360	44,226
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	2,969	6,435	4,433	20,234
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,751	1,187	5,571
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	4,255	4,232	11,271	14,251
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,401	6,641	23,107	18,488
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	27,060	16,174	66,360	44,226
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	2,969	6,435	4,433	20,234
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,751	1,187	5,571
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	4,255	4,232	11,271	14,251
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,401	6,641	23,107	18,488
Corporate
Segment Reporting Information [Line Items]
Total revenues	16	0	16	0
Corporate | Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Infrastructure
Segment Reporting Information [Line Items]
Total revenues	16	0	16	0
Africa
Segment Reporting Information [Line Items]
Total revenues	3,554	2,668	9,201	8,466
Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	3,554	2,668	9,201	8,466
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	14,179	9,814	34,496	28,007
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	11,589	6,611	30,665	18,367
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	2,565	1,887	2,973	5,597
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	1,316	858	4,043
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	9,431	9,915	21,177	28,309
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	9,431	5,785	20,929	14,931
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	0	4,130	248	13,378
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	14,167	12,547	40,127	37,440
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	2,091	821	4,192	1,914
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	404	418	1,212	1,259
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	435	329	1,528
North America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	4,255	4,232	11,271	14,251
North America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	7,401	6,641	23,107	18,488
North America | Corporate
Segment Reporting Information [Line Items]
Total revenues	16	0	16	0
South America
Segment Reporting Information [Line Items]
Total revenues	395	289	1,373	548
South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	395	289	1,373	548
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	Sep. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total assets	$ 1,554,583	$ 1,644,805
Debt, net	261,543	266,221
Total liabilities	369,397	354,119
Equity
Non-controlling interest in equity of consolidated subsidiaries	111,693	124,403
Total equity	1,185,186	1,290,686
Total liabilities and equity	1,554,583	1,644,805
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total assets	529,499	443,532
Debt, net	0	0
Total liabilities	64,932	50,873
Equity
Non-controlling interest in equity of consolidated subsidiaries	1,249	899
Total equity	464,567	392,659
Total liabilities and equity	529,499	443,532
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total assets	205,368	213,946
Debt, net	64,159	68,673
Total liabilities	67,709	74,228
Equity
Non-controlling interest in equity of consolidated subsidiaries	3,403	7,692
Total equity	137,659	139,718
Total liabilities and equity	205,368	213,946
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total assets	8,946	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	8,946	40,014
Total liabilities and equity	8,946	85,917
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total assets	530,885	483,346
Debt, net	184,285	142,835
Total liabilities	199,157	159,570
Equity
Non-controlling interest in equity of consolidated subsidiaries	103,856	113,514
Total equity	331,728	323,776
Total liabilities and equity	530,885	483,346
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total assets	42,391	33,936
Debt, net	13,099	8,935
Total liabilities	27,188	19,463
Equity
Non-controlling interest in equity of consolidated subsidiaries	2,075	1,714
Total equity	15,203	14,473
Total liabilities and equity	42,391	33,936
Corporate
Segment Reporting Information [Line Items]
Total assets	237,494	384,128
Debt, net	0	0
Total liabilities	10,411	4,082
Equity
Non-controlling interest in equity of consolidated subsidiaries	1,110	584
Total equity	227,083	380,046
Total liabilities and equity	$ 237,494	$ 384,128

SEGMENT INFORMATION - Location

SEGMENT INFORMATION - Location of Long-Lived Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	$ 694,568	$ 636,681
Equipment Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	694,568	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	481,636	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	170,983	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	41,949	42,780
Property, Plant and Equipment [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	1,039,714	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	481,636	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	170,983	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	316,689	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	29,010	24,692
Property, Plant and Equipment [Member] | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	41,396	0
Property, Plant and Equipment [Member] | Africa
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	51,468	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	51,468	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	367,548	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	196,565	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	170,983	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	189,783	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	189,783	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	0	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	430,789	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	43,694	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	316,689	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	29,010	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	41,396	0
Property, Plant and Equipment [Member] | South America
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	126	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	126	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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net (loss) income attributable to shareholders	$ (1,276)	$ (11,738)	$ (18,251)	$ (7,127)
Weighted Average Shares Outstanding - Basic (in shares)	75,746,200	75,718,183	75,734,587	64,114,734
Weighted Average Shares Outstanding - Diluted (in shares)	75,746,200	75,718,183	75,734,587	64,114,734
Basic and Diluted EPS (in dollars per share)	$ (0.02)	$ (0.16)	$ (0.24)	$ (0.11)
Antidilutive shares excluded from the calculation of diluted EPS (in shares)	7,333		9,474

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Details)	3 Months Ended			9 Months Ended
	Sep. 30, 2016USD ($)	Mar. 31, 2016USD ($)subsidiary	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)
Variable Interest Entity [Line Items]
Loss Contingency, Range of Possible Loss, Minimum		$ 0
Loss Contingency, Range of Possible Loss, Maximum	$ 10,306,000			$ 10,306,000
Potential Milestone Payment				15,000,000
Number of subsidiaries | subsidiary		2
Operating Leases, Rent Expense	$ 1,197,000		$ 1,288,000	$ 3,724,000	$ 3,227,000

COMMITMENTS AND CONTINGENCIES69

COMMITMENTS AND CONTINGENCIES - Minimum Future Rental Payments (Details) $ in Thousands	Sep. 30, 2016USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 1,722
2,017	6,453
2,018	5,846
2,019	5,421
2,020	4,734
Thereafter	77,230
Total	$ 101,406

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares	Nov. 01, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Subsequent Event [Line Items]
Common stock dividends declared (in dollars per share)		$ 0.33	$ 0.33	$ 0.99	$ 0.48
Subsequent Event | Common Stock
Subsequent Event [Line Items]
Common stock dividends declared (in dollars per share)	$ 0.33