FTAI Aviation (FTAI) 10-Q 3 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 03, 2017
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, 2017
Document Fiscal Year Focus	2,017
Amendment Flag	false
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		75,771,738

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 176,357	$ 68,055
Restricted cash	36,458	65,441
Accounts receivable, net	27,926	21,358
Leasing equipment, net	929,364	765,455
Finance leases, net	9,370	9,717
Property, plant, and equipment, net	464,399	352,181
Investments (includes $30,470 and $17,630 available-for-sale securities at fair value as of September 30, 2017 and December 31, 2016, respectively)	67,792	39,978
Intangible assets, net	33,882	38,954
Goodwill	116,584	116,584
Other assets	47,789	69,589
Total assets	1,909,921	1,547,312
Liabilities
Accounts payable and accrued liabilities	51,684	38,239
Debt, net	655,580	259,512
Maintenance deposits	81,775	45,394
Security deposits	24,752	19,947
Other liabilities	18,207	18,540
Total liabilities	831,998	381,632
Commitments and contingencies
Equity
Common shares ($0.01 par value per share; 2,000,000,000 shares authorized; 75,771,738 and 75,750,943 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively)	758	758
Additional paid in capital	1,010,026	1,084,757
Accumulated deficit	(41,709)	(38,833)
Accumulated other comprehensive income	11,638	7,130
Shareholders' equity	980,713	1,053,812
Non-controlling interest in equity of consolidated subsidiaries	97,210	111,868
Total equity	1,077,923	1,165,680
Total liabilities and equity	$ 1,909,921	$ 1,547,312

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Available-for-sale securities	$ 30,470	$ 17,630
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)	75,771,738	75,750,943
Common stock, shares outstanding (in shares)	75,771,738	75,750,943

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues
Total revenues	$ 60,362,000	$ 41,726,000	$ 156,229,000	$ 106,374,000
Expenses
Operating expenses	23,688,000	17,028,000	66,025,000	48,937,000
General and administrative	3,439,000	3,205,000	10,615,000	9,154,000
Acquisition and transaction expenses	1,732,000	1,688,000	5,064,000	4,622,000
Management fees and incentive allocation to affiliate	3,771,000	4,146,000	11,529,000	12,725,000
Depreciation and amortization	24,784,000	15,376,000	62,382,000	43,294,000
Interest expense	8,914,000	5,416,000	21,292,000	15,839,000
Total expenses	66,328,000	46,859,000	176,907,000	134,571,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	132,000	(1,161,000)	(1,461,000)	(1,335,000)
Gain on sale of equipment and finance leases, net	2,709,000	40,000	6,726,000	3,307,000
Loss on extinguishment of debt	0	0	(2,456,000)	(1,579,000)
Asset impairment	0	0	0	(7,450,000)
Interest income	215,000	206,000	582,000	87,000
Other income	2,148,000	485,000	2,180,000	583,000
Total other income (expense)	5,204,000	(430,000)	5,571,000	(6,387,000)
Loss before income taxes	(762,000)	(5,563,000)	(15,107,000)	(34,584,000)
Provision for income taxes	909,000	83,000	1,585,000	195,000
Net loss	(1,671,000)	(5,646,000)	(16,692,000)	(34,779,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,669,000)	(4,370,000)	(13,816,000)	(16,528,000)
Net income (loss) attributable to shareholders	$ 2,998,000	$ (1,276,000)	$ (2,876,000)	$ (18,251,000)
Earnings/(loss) per share
Basic (in dollars per share)	$ 0.04	$ (0.02)	$ (0.04)	$ (0.24)
Diluted (in dollars per share)	$ 0.04	$ (0.02)	$ (0.04)	$ (0.24)
Weighted Average Shares Outstanding:
Basic (in shares)	75,770,529	75,746,200	75,765,144	75,734,587
Diluted (in shares)	75,770,665	75,746,200	75,765,144	75,734,587
Equipment Leasing
Revenues
Total revenues	$ 49,616,000	$ 30,054,000	$ 121,387,000	$ 71,980,000
Infrastructure
Revenues
Total revenues	$ 10,746,000	$ 11,672,000	$ 34,842,000	$ 34,394,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,671)	$ (5,646)	$ (16,692)	$ (34,779)
Other comprehensive income (loss):
Change in fair value of cash flow hedge	0	0	0	(97)
Change in fair value of available-for-sale securities	5,784	0	4,508	0
Comprehensive income (loss)	4,113	(5,646)	(12,184)	(34,876)
Comprehensive loss attributable to non-controlling interest	(4,669)	(4,370)	(13,816)	(16,528)
Comprehensive income (loss) attributable to shareholders	$ 8,782	$ (1,276)	$ 1,632	$ (18,348)

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid In Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Non-Controlling Interest in Equity of Consolidated Subsidiaries
Beginning balance at Dec. 31, 2015			$ 1,084,757	$ (38,833)	$ 7,130
Comprehensive loss:
Net loss for the period				(2,876)		$ (13,816)
Other comprehensive loss					4,508
Capital contributions						1,261
Transfer of non-controlling interest	$ (2,798)					(2,798)
Equity-based compensation						695
Beginning balance at Dec. 31, 2016	1,165,680	$ 758				111,868
Comprehensive loss:
Net loss for the period	(16,692)
Other comprehensive loss	4,508
Comprehensive income (loss)	(12,184)			(2,876)	4,508	(13,816)
Capital contributions	1,261
Dividends declared	(75,041)		(75,041)
Issuance of common shares	310		310
Equity-based compensation	695
Ending balance at Sep. 30, 2017	$ 1,077,923	$ 758	$ 1,010,026	$ (41,709)	$ 11,638	$ 97,210

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net loss	$ (16,692,000)	$ (34,779,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Equity losses of unconsolidated entities	1,461,000	1,335,000
Gain on sale of equipment and finance leases, net	(6,726,000)	(3,307,000)
Security deposits and maintenance claims included in earnings	(60,000)	(300,000)
Loss on extinguishment of debt	2,456,000	1,579,000
Equity-based compensation	695,000	(3,818,000)
Depreciation and amortization	62,382,000	43,294,000
Gain on settlement of liabilities	(1,093,000)	0
Asset impairment	0	7,450,000
Change in current and deferred income taxes	551,000	(399,000)
Change in fair value of non-hedge derivative	(1,036,000)	3,000
Amortization of lease intangibles and incentives	5,193,000	4,783,000
Amortization of deferred financing costs	3,120,000	1,927,000
Operating distributions from unconsolidated entities	0	30,000
Bad debt expense	63,000	134,000
Other	566,000	100,000
Change in:
Accounts receivable	(7,984,000)	(6,263,000)
Other assets	10,595,000	(4,070,000)
Accounts payable and accrued liabilities	862,000	2,396,000
Management fees payable to affiliate	(554,000)	1,000
Other liabilities	(1,356,000)	5,566,000
Net cash provided by operating activities	52,443,000	15,662,000
Cash flows from investing activities:
Change in restricted cash	28,983,000	(799,000)
Investment in notes receivable	0	(3,066,000)
Investment in unconsolidated entities and available for sale securities	(24,903,000)	(1,754,000)
Principal collections on finance leases	347,000	2,406,000
Acquisition of leasing equipment	(267,451,000)	(114,012,000)
Acquisition of property plant and equipment	(86,455,000)	(47,454,000)
Acquisition of lease intangibles	(1,583,000)	(812,000)
Purchase deposit for aircraft and aircraft engines	(11,785,000)	(10,225,000)
Proceeds from sale of finance leases	0	71,000,000
Proceeds from sale of leasing equipment	87,093,000	15,905,000
Proceeds from sale of property, plant and equipment	51,000	125,000
Proceeds from deposit on sale of leasing equipment	0	250,000
Return of capital distributions from unconsolidated entities	0	432,000
Net cash used in investing activities	(275,703,000)	(88,004,000)
Cash flows from financing activities:
Proceeds from debt	417,191,000	110,658,000
Repayment of debt	(22,623,000)	(157,603,000)
Payment of other liabilities to non-controlling interest holder	0	(1,000,000)
Payment of deferred financing costs	(3,232,000)	(3,935,000)
Receipt of security deposits	5,826,000	3,340,000
Return of security deposits	(3,232,000)	(316,000)
Receipt of maintenance deposits	18,784,000	10,806,000
Release of maintenance deposits	(6,111,000)	(5,653,000)
Capital contributions from non-controlling interests	0	7,433,000
Settlement of equity-based compensation	0	(200,000)
Cash dividends	(75,041,000)	(75,017,000)
Net cash provided by (used in) financing activities	331,562,000	(111,487,000)
Net increase (decrease) in cash and cash equivalents	108,302,000	(183,829,000)
Cash and cash equivalents, beginning of period	68,055,000	381,703,000
Cash and cash equivalents, end of period	176,357,000	197,874,000
Supplemental disclosure of non-cash investing and financing activities:
Restricted cash proceeds from borrowings of debt	0	44,342,000
Proceeds from borrowings of debt	108,089,000	0
Repayment and settlement of debt	(102,352,000)	0
Acquisition of leasing equipment	(28,335,000)	(3,451,000)
Acquisition of property, plant and equipment	(36,770,000)	(11,519,000)
Settled and assumed security deposits	2,272,000	(272,000)
Billed, assumed and settled maintenance deposits	23,226,000	3,923,000
Deferred financing costs	(7,867,000)	(2,884,000)
Non-cash contribution from non-controlling interest	1,261,000	0
Transfer of non-controlling interest	$ (2,798,000)	$ 0

ORGANIZATION

ORGANIZATION	9 Months Ended
	Sep. 30, 2017
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”), a multi-modal crude oil and refined products terminal in Beaumont, Texas (“Jefferson Terminal”), a deep-water port located along the Delaware River with an underground storage cavern and multiple industrial development opportunities (“Repauno”), and a multi-modal terminal located along the Ohio River with multiple industrial development opportunities (“Hannibal”). The Company has six reportable segments, (i) Aviation Leasing, (ii) Offshore Energy, (iii) Shipping Containers, (iv) Jefferson Terminal, (v) Railroad, and (vi) Ports and Terminals, which operate in two primary businesses, Equipment Leasing and Infrastructure (Note 14 ).

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting — The accompanying consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and include the accounts of the Company and its subsidiaries. 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. 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. Variable Interest Entities — The assessment of whether an entity is a variable interest entity (“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 $75,000 . 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. 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. During the third quarter of 2017, the Company entered into a settlement arrangement whereby the holder of the non-controlling interest settled its $3,725 l oan due to the Company by transferring its interest in a subsidiary of the Company, and the note payable due to the holder of the non-controlling interest was extinguished. The settlement resulted in a net gain of $1,093 recorded in other income. Refer to Note 8 for further details. 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 VIE. 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 accounts for this investment in accordance with the equity method. Refer to Note 6 for details. Delaware River Partners LLC On July 1, 2016, the Company, through Delaware River Partners LLC (“DRP”), a consolidated subsidiary, purchased the assets of Repauno, which consisted primarily of land, a storage cavern, and riparian rights for the acquired land, site improvements and rights. Upon acquisition there were no operational processes that could be applied to these assets that would result in outputs without significant green field development. The Company currently holds a 90% economic interest and a 100% voting interest in DRP. DRP is solely reliant on the Company to finance its activities and therefore is a VIE. The Company concluded it was the primary beneficiary; and accordingly, DRP has been presented on a consolidated basis in the accompanying financial statements. The Company has the right to purchase an additional 8% economic interest from the non-controlling party after the second anniversary but prior to the fifth year anniversary of the acquisition of Repauno. At the time of the purchase, the Company concluded that 8% of the 10% interest held by the non-controlling party does not share in the risks or rewards of true equity; and, therefore $5,321 was recorded in other liabilities on the Company’s Consolidated Balance Sheet. The remaining 2% economic non-controlling interest was valued at $641 at the acquisition date. Ohio River Partners LLC On June 16, 2017, the Company, through Ohio River Partners LLC (“ORP”), a consolidated subsidiary, purchased the assets of Hannibal which consisted primarily of land, buildings, railroad track, docks, water rights, site improvements and other rights. The Company purchased 100% of the interests in these assets. ORP is solely reliant on the Company to finance its activities and therefore is a VIE. The Company concluded it was the primary beneficiary; accordingly, ORP has been presented on a consolidated basis in the accompanying financial statements. Cash and Cash Equivalents — The Company considers all highly liquid short-term investments with a maturity of 90 days or less when purchased to be cash equivalents. Restricted Cash — Restricted cash of $36,458 and $65,441 as of September 30, 2017 and December 31, 2016 , 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 construction projects at Jefferson Terminal. Available-For-Sale Securities — The Company considers listed equity securities as available-for-sale securities recorded at fair value with unrealized gains (losses) recorded in other comprehensive income (loss) and realized gains (losses) recorded in earnings. The Company’s basis on which the cost of the security sold or the amount reclassified out of other comprehensive income into earnings is determined using specific identification. Available-for-sale securities are included as a component of investments on the accompanying Consolidated Balance Sheets. At each balance sheet date, the Company evaluates its available for sale securities holdings with unrealized losses to determine if an other-than-temporary impairment has occurred. Refer to Note 6 and 9 for details. Deferred Financing Costs — Costs incurred in connection with obtaining long term financing are capitalized and amortized to interest expense over the term of the underlying loans. Unamortized deferred financing costs of $11,291 and $6,489 as of September 30, 2017 and December 31, 2016 , respectively, are recorded as a component of debt in the accompanying Consolidated Balance Sheets. In connection with the revolving credit facility, the Company incurred $1,157 of deferred financing costs as of September 30, 2017 which are recorded as a component of other assets in the accompanying Consolidated Balance Sheet. Refer to Note 8 for details. Amortization expense was $1,056 an d $3,120 for the three and nine months ended September 30, 2017 , respectively, and $678 and $1,927 for the three and nine months ended September 30, 2016 , respectively. Amortization expenses are included as a component of interest expense in the accompanying Consolidated Statements of Operations. Concentration of Credit Risk — The Company is subject to concentrations of credit risk with respect to amounts due from customers on its finance lease 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, 2017 , the Company had no revenue concentration over 10% of total revenue from any one customer. During the three and nine months ended September 30, 2016 , the Company earned approximately 9.5% and 10.9% , respectively, of its revenue from one customer in the Jefferson Terminal segment. As of September 30, 2017 , accounts receivable from two customers in the Offshore Energy segment represented 17% and 22% , respectively, of total accounts receivable, net. As of December 31, 2016 , accounts receivable from two customers in the Offshore Segment represented 22% and 18% , respectively, 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 both September 30, 2017 and December 31, 2016 was $418 . Bad debt expense was $0 and $63 for the three and nine months ended September 30, 2017 , respectively. Bad debt expense was $79 and $134 for the three and nine months ended September 30, 2016 , 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 the available-for-sale securities and derivatives accounted for as cash flow hedges. Other Assets— Other assets is primarily comprised of notes receivable of $2,714 and $22,469 , leasing equipment purchase deposits of $11,785 and $13,701 , lease incentives of $18,516 and $3,556 , capitalized costs for potential asset acquisitions of $781 and $2,116 , prepaid expenses of $5,331 and $3,440 , a short-term derivative contract asset of $1,036 and $0 , and receivables of $4,690 and $21,501 as of September 30, 2017 and December 31, 2016 , respectively. Dividends— Dividends are recorded if and when declared by the Board of Directors. For both the three and nine months ended September 30, 2017 and 2016, the Board of Directors declared a cash dividend of $0.33 and $0.99 per share, respectively. Recent Accounting Pronouncements — In July 2015, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“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 is effective for fiscal years beginning after December 15, 2016, with earlier adoption permitted. The adoption of this standard did not have a material impact on our 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 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company adopted ASU 2016-06 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 requires the income tax effects of awards to be recognized in the income statement when the awards vest or are settled, increases the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification, and allow recognizing forfeitures of awards as they occur. ASU 2016-09 is effective beginning in the first quarter of 2017, with early adoption permitted. The Company adopted ASU 2016-09 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control (“ASU 2016-17”). ASU 2016-17 amends the consolidation guidance on how a reporting entity that is the single decision maker of a VIE should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. Under the amendments, a single decision maker is not required to consider indirect interests held through related parties that are under common control with the single decision maker to be the equivalent of direct interests in their entirety. Instead, a single decision maker is required to include those interests on a proportionate basis consistent with indirect interests held through other related parties. ASU 2016-17 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company adopted ASU 2016-17 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805) (“ASU 2017-01”) . ASU 2017-01 clarifying the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of businesses or assets. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company adopted ASU 2017-01 as of January 1, 2017 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 , ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which clarify the guidance on reporting revenue as a principal versus agent, identifying and disclosing performance obligations, accounting for intellectual property licenses, and assessing collectibility, present sales tax, treating noncash consideration. The Company’s evaluation of the impact of the new guidance on its consolidated financial statements is ongoing. The Company’s implementation efforts include the identification of revenue within the scope of the guidance, the evaluation of those revenue contracts, education and discussions with the Company’s control functions. The Company continues to evaluate the timing of recognition for various revenues, however, since a substantial portion of the Company’s revenue is recognized from its leasing contracts, subject to ASU 2016-02 Leases, these have been excluded from the evaluation. 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’s evaluation of the impact of the new guidance on its consolidated financial statements is ongoing. The Company is currently identifying the lease arrangements within the scope of the new guidance, and evaluating the impact of the lease arrangements. In September 2017, the FASB issued ASU 2017-13, Revenue Recognition (Topic 605), Revenue from contracts from customers (Topic 606), Leases (Topic 840) and Leases (Topic 842) , (“ASU 2017-13”) which adds SEC paragraphs to the new revenue and lease sections of the codification on the announcement of the SEC observer made at the July 2017 EITF meeting . 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 methods 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 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 2016-15 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. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory (“ASU 2016-16”). ASU 2016-16 prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. In addition, interpretations of this guidance have developed in practice for transfers of certain intangible and tangible assets. This prohibition on recognition is an exception to the principle of comprehensive recognition of current and deferred income taxes in GAAP. To more faithfully represent the economics of intra-entity asset transfers, the amendments ASU 2016-16 require that entities recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in ASU 2016-16 do not change GAAP for the pre-tax effects of an intra-entity asset transfer under Topic 810, Consolidation, or for an intra-entity transfer of inventory. ASU 2016-16 will be effective for annual reporting periods beginning after December 15, 2017, and interim periods within those annual reporting periods. 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. In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”) . ASU 2016-18 addresses the diversity in the classification and presentation of changes in restricted cash on the statement of cash flows under Topic 230, Statement of Cash Flows. The amendments in ASU 2016-18 require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. ASU 2016-18 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. In January 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments—Equity Method and Joint Ventures (Topic 323) (“ASU 2017-03”). ASU 2017-03 adds and amends SEC paragraphs pursuant to the SEC Staff Announcements at the September 22, 2016 and November 17, 2016 Emerging Issues Task Force (EITF) meetings. The September announcement is about the disclosure of the impact that recently issued accounting standards will have on the financial statements of a registrant when such standards are adopted in a future period. The November announcement made amendments to conform the SEC Observer Comment on Accounting for Tax Benefits Resulting from Investments in Qualified Affordable Housing Projects to the guidance issued in ASU 2014-01, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”). ASU 2017-04 addresses concerns over the cost and complexity of the two-step goodwill impairment test by removing the second step of the test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. ASU 2017-01 will be effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets (“ASU 2017-05”). ASU 2017-05 amendments the scope of the nonfinancial asset guidance in Subtopic 610-20. The amendments also clarify that the derecognition of all businesses and nonprofit activities (except those related to conveyances of oil and gas mineral rights or contracts with customers) should be accounted for in accordance with the derecognition and deconsolidation guidance in Subtopic 810-10. In addition, the amendments eliminate the exception in the financial asset guidance for transfers of investments (including equity method investments) in real estate entities and supersede the guidance in the Exchanges of a Nonfinancial Asset for a Noncontrolling Ownership Interest Subsection within Topic 845. The amendments in ASU 2017-05 also provide guidance on the accounting for what often are referred to as partial sales of nonfinancial assets within the scope of Subtopic 610-20 and contributions of nonfinancial assets to a joint venture or other noncontrolled investee. ASU 2017-05 will be effective for annual reporting periods beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2017, the FASB issued Accounting Standards Update No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting ("ASU 2017-09") , which provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. ASU 2017-09 is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, and early adoption is permitted, including in an interim period. ASU 2017-09 is to be applied on a prospective basis to an award modified on or after the adoption date. We do not expect the adoption of ASU 2017-09 to have a material impact on our consolidated financial statements.

LEASING EQUIPMENT

LEASING EQUIPMENT	9 Months Ended
	Sep. 30, 2017
Leases [Abstract]
LEASING EQUIPMENT, NET	LEASING EQUIPMENT, NET Leasing equipment, net is summarized as follows: September 30, 2017 December 31, 2016 Leasing equipment $ 1,055,548 $ 849,565 Less: accumulated depreciation (126,184 ) (84,110 ) Leasing equipment, net $ 929,364 $ 765,455 During the nine months ended September 30, 2017 , the Company acquired seventeen aircraft, fifty commercial jet engines, and sold five aircraft and thirteen commercial jet engines. Depreciation expense for leasing equipment is summarized as follows: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 2016 2017 2016 Depreciation expense for leasing equipment $ 19,792 $ 11,322 $ 48,934 $ 31,065

FINANCE LEASES, NET

FINANCE LEASES, NET	9 Months Ended
	Sep. 30, 2017
Leases [Abstract]
FINANCE LEASES, NET	FINANCE LEASES, NET Finance leases, net are summarized as follows: September 30, 2017 December 31, 2016 Finance leases $ 16,521 $ 18,022 Unearned revenue (7,151 ) (8,305 ) Finance leases, net $ 9,370 $ 9,717 As of September 30, 2017 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2017 $ 507 2018 2,008 2019 2,008 2020 2,013 2021 2,008 Thereafter 7,977 Total $ 16,521

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	9 Months Ended
	Sep. 30, 2017
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, 2017 December 31, 2016 Land, site improvements and rights $ 74,270 $ 57,617 Construction in progress 114,844 49,605 Buildings and improvements 9,763 2,750 Terminal machinery and equipment 262,212 236,652 Track and track related assets 27,977 22,948 Railroad equipment 1,037 1,091 Railcars and locomotives 3,114 2,909 Computer hardware and software 3,034 388 Furniture and fixtures 544 405 Vehicles 1,171 985 497,966 375,350 Less: accumulated depreciation (36,413 ) (26,002 ) Spare parts 2,846 2,833 Property, plant and equipment, net $ 464,399 $ 352,181 During the nine months ended September 30, 2017 , additional property, plant and equipment of $122,737 was acquired. Acquisitions primarily consist of construction in progress, terminal machinery and equipment, and computer hardware and software due to the ongoing development of Jefferson Terminal and Repauno. On June 16, 2017, the Company, through one of its consolidated subsidiaries, purchased the assets of Hannibal for $30,000 . The assets acquired consisted primarily of land, buildings, railroad track, docks, water rights, site improvements and other rights. As part of the transaction, additional amounts of $2,335 were capitalized for costs directly related to the purchase, including costs for legal advice, exploratory diligence, and regulatory permitting. Hannibal is part of the Ports and Terminals segment. During the nine months ended September 30, 2017 and 2016, disposals of property, plant and equipment totaled $108 and $125 , respectively, mainly related to railroad equipment, vehicles, and furniture and fixtures. Depreciation expense for property, plant and equipment is summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Depreciation expense for property, plant and equipment $ 4,092 $ 3,154 $ 10,749 $ 9,530

INVESTMENTS

INVESTMENTS	9 Months Ended
	Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS	INVESTMENTS The following table presents the ownership interests and carrying values of the Company’s investments: Carrying Value Investment Ownership Percentage September 30, 2017 December 31, 2016 Listed security Available-for-sale 2% $ 30,470 $ 17,630 Advanced Engine Repair JV Equity method 25% 13,954 15,000 JGP Energy Partners LLC Equity method 50% 19,741 3,266 Intermodal Finance I, Ltd. Equity method 51% 3,627 4,082 Investments $ 67,792 $ 39,978 Available-for-sale securities Equity Security December 31, 2016 $ 17,630 Purchases 8,332 Unrealized gain 4,508 September 30, 2017 $ 30,470 Cost $ 18,833 The Company did not recognize any other-than-temporary impairments for the three and nine months ended September 30, 2017 . Equity Method Investments Advanced Engine Repair JV In December 2016, the Company invested $15,000 for 25% interest in an advanced engine repair joint venture. The Company will initially focus on developing new costs savings programs for engine repairs. The primary financial activities for the joint venture relate to member contributions and therefore its summary financial information has not been presented. The Company’s proportionate share of equity in losses was $203 and $1,046 for the three and nine months ended September 30, 2017 , respectively. 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. The Company’s proportionate share of equity in losses was $24 and $99 for the three and nine months ended September 30, 2017 , respectively. 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. As of September 30, 2017 , Intermodal owns a portfolio of multiple finance leases, representing five customers and comprising approximately 24,000 shipping containers, as well as a portfolio of approximately 12,000 shipping containers subject to multiple operating leases. The Company’s proportionate share of equity in income was $359 and equity in losses was $316 for the three and nine months ended September 30, 2017 , respectively, and $1,161 and $1,335 for the three and nine months ended September 30, 2016 , respectively.

INTANGIBLE ASSETS AND LIABILITI

INTANGIBLE ASSETS AND LIABILITIES, NET	9 Months Ended
	Sep. 30, 2017
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, 2017 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 28,180 $ — $ — $ 28,180 Less: Accumulated amortization (18,946 ) — — (18,946 ) Acquired favorable lease intangibles, net 9,234 — — 9,234 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (10,936 ) (154 ) (11,090 ) Acquired customer relationships, net — 24,577 71 24,648 Total intangible assets, net $ 9,234 $ 24,577 $ 71 $ 33,882 Intangible liabilities Acquired unfavorable lease intangibles $ 2,440 $ — $ — $ 2,440 Less: Accumulated amortization (1,090 ) — — (1,090 ) Acquired unfavorable lease intangibles, net $ 1,350 $ — $ — $ 1,350 December 31, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 26,605 $ — $ — $ 26,605 Less: Accumulated amortization (14,998 ) — — (14,998 ) Acquired favorable lease intangibles, net 11,607 — — 11,607 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (8,271 ) (120 ) (8,391 ) Acquired customer relationships, net — 27,242 105 27,347 Total intangible assets, net $ 11,607 $ 27,242 $ 105 $ 38,954 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (627 ) — — (627 ) Acquired unfavorable lease intangibles, net $ 879 $ — $ — $ 879 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, 2017 2016 2017 2016 Lease intangibles Equipment leasing revenues $ 1,147 $ 1,403 $ 3,494 $ 4,557 Customer relationships Depreciation and amortization 900 900 2,699 2,699 Total $ 2,047 $ 2,303 $ 6,193 $ 7,256 As of September 30, 2017 , estimated net annual amortization of intangibles is as follows: Total 2017 $ 1,899 2018 7,301 2019 5,625 2020 4,331 2021 3,847 Thereafter 9,529 Total $ 32,532

DEBT, NET

DEBT, NET	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
DEBT, NET	DEBT, NET The Company’s debt, net is summarized as follows: September 30, 2017 December 31, 2016 Loans payable FTAI Pride Credit Agreement $ 53,993 $ 60,937 CMQR Credit Agreement 18,400 12,625 Revolving Credit Facility 60,000 — Total loans payable 132,393 73,562 Bonds payable Series 2012 Bonds (including unamortized premium of $1,654 and $1,697 at September 30, 2017 and December 31, 2016, respectively) 44,419 45,887 Series 2016 Bonds 144,200 144,200 Senior Notes (including unamortized discount of $6,826 and unamortized premium of $2,686 at September 30, 2017) 345,859 — Total bonds payable 534,478 190,087 Note payable to non-controlling interest Note payable to non-controlling interest — 2,352 Total note payable to non-controlling interest — 2,352 Debt 666,871 266,001 Less: Debt issuance costs (11,291 ) (6,489 ) Total debt, net $ 655,580 $ 259,512 Total debt due within one year $ 6,233 $ 8,078 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. 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 June 30, 2017, 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 $20,000 to $25,000 and to extend the maturity date to September 18, 2019. 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 weighted-average effective interest rate as of September 30, 2017 was 3.61% . 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 $29,000 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. Term Loan — On January 23, 2017, the Company entered into an unsecured credit agreement under which the Company, through its wholly owned subsidiaries, including the Partnership and WWTAI Finance Ltd., an exempted company incorporated with limited liability under the laws of Bermuda, borrowed $100,000 in term loans denominated in U.S. dollars (the “Term Loans”). The proceeds of the Term Loan are to be used for general corporate purposes, including future acquisitions by the Company and its subsidiaries of certain aviation and infrastructure assets. The Term Loans bear interest at the Base Rate (determined in accordance with the agreement) plus 2.75% per annum, or at the Adjusted Eurodollar Rate (determined in accordance with the agreement) plus 3.75% per annum, if the Company chooses to make Eurodollar Rate borrowings. The Term Loans mature on January 22, 2018, subject to the Company’s right to elect a one year extension, and require amortization payments in the amount of $250 on the last day of each fiscal quarter beginning on March 31, 2017. On March 15, 2017, all amounts outstanding under the Term Loan were repaid in full and the agreement was terminated. Accordingly, during the nine months ended September 30, 2017 , the Company recorded a loss on extinguishment of debt of $2,456 . Senior Notes — On March 15, 2017, the Company issued $250,000 aggregate principal amount of 6.75% senior unsecured notes due 2022 (the “Senior Notes”). The Senior Notes were issued pursuant to an indenture, dated as of March 15, 2017, between the Company and U.S. Bank National Association, as trustee. On August 23, 2017, the Company issued an additional $100,000 of Senior Notes. The additional notes were issued at an offering price of 102.75% of the principal amount plus accrued interest from March 15, 2017 to the date of issuance. The Senior Notes bear interest at a rate of 6.75% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, commencing on September 15, 2017, to persons who are registered holders of the Senior Notes on the immediately preceding March 1 and September 1, respectively. The Senior Notes mature on March 15, 2022. Prior to March 15, 2020, the Company may redeem some or all of the Senior Notes at a redemption price equal to 100.00% of the principal amount of the Senior Notes redeemed, plus accrued and unpaid interest, if any, to, but not including, the applicable redemption date, plus a “make-whole” premium. On or after March 15, 2020, the Company may redeem some or all of the Senior Notes at any time at declining redemption prices equal to (i) 105.063% beginning on March 15, 2020, and (ii) 100.000% beginning on March 15, 2021 and thereafter, plus, in each case, accrued and unpaid interest, if any, to, but not including, the applicable redemption date. In addition, at any time on or prior to March 15, 2020, the Company may at any time redeem up to 40% of the aggregate principal amount of the Senior Notes using net proceeds from certain equity offerings at a redemption price equal to 106.75% of the principal amount of the Senior Notes redeemed, plus accrued and unpaid interest, if any, to, but not including, the applicable redemption date. The Company used a portion of the proceeds to fully repay all outstanding indebtedness under the Company’s Term Loan in the amount of $100,000 , payment of fees related to the issuance of Senior Notes, and to fund the purchase of additional investments. The Company intends to use the remainder of the proceeds for general corporate purposes, including the funding of future investments. Revolving Credit Facility- On June 16, 2017, the Company entered into a revolving credit facility (the “Revolving Credit Facility”) with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent. The Revolving Credit Facility provides for revolving loans in the aggregate principal amount of up to $75,000 , of which $25,000 may be utilized for the issuance of letters of credit. The proceeds drawn on this facility will be used for working capital and general corporate purposes, including, without limitation, permitted acquisitions and other investments. The Revolving Credit Facility is secured by the capital stock of certain direct subsidiaries of the Company as defined in the related credit agreement. Borrowings outstanding under the Revolving Credit Facility bear interest at the Adjusted Eurodollar Rate (determined in accordance with the credit agreement) plus 3.00% per annum, if the Company chooses to make Eurodollar Rate borrowings, or at the Base Rate (determined in accordance with the credit agreement) plus 2.00% per annum. The Company will also be required to pay a quarterly commitment fee at a rate per annum equal to 0.50% on the average daily unused portion of the Revolving Credit Facility, as well as customary letter of credit fees and agency fees. The Revolving Credit Facility will mature, and commitments in respect of the Revolving Credit Facility will terminate, on June 16, 2020. Any amount borrowed under the Revolving Credit Facility may be voluntarily prepaid without penalty or premium, other than customary breakage costs related to prepayments of Eurodollar Rate borrowings. The Revolving Credit Facility includes financial covenants requiring the maintenance of (1) a minimum ratio of the appraised value of certain aviation assets to the aggregate commitments under the revolving credit facility of 3 .00 to 1.00 and (2) a maximum ratio of debt to total equity (before reduction for minority interests) for the Company and its subsidiaries of 1.65 to 1.00 per the terms of the credit agreement. At September 30, 2017 , the Company had $60,000 of borrowings outstanding under the revolving credit facility. Note Payable to Non-Controlling Interest — In May 2013, in connection with the capitalization of a consolidated subsidiary, the Company and the owner of the non-controlling interest loaned approximately $18,275 and $3,225 , respectively, to the entity in proportion to their respective ownership percentages of 85% and 15% . The loans bear interest at an annual rate of 5% and mature in May 2021. The loan amount funded by the Company and related interest have been eliminated in consolidation. During the third quarter of 2017, the Company entered into a settlement arrangement whereby the holder of the non-controlling interest settled its $ 3,725 loan due to the Company in conjunction with the MT6015 venture by transferring its 15% interest in a consolidated subsidiary of the Company, and the note payable due to the holder of the non-controlling interest was extinguished. The settlement resulted in a net gain of $1,093 recorded in other income. Refer to Note 2 for further detail. The Company was in compliance with all debt covenants as of September 30, 2017 .

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2017
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, 2017 and December 31, 2016 , 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, 2017 September 30, 2017 Total Level 1 Level 2 Level 3 Valuation Technique Assets Cash and cash equivalents $ 176,357 $ 176,357 $ — $ — Market Restricted cash 36,458 36,458 — — Market Available-for-sale securities 30,470 30,470 — — Market Total $ 243,285 $ 243,285 $ — $ — Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of December 31, 2016 December 31, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets Cash and cash equivalents $ 68,055 $ 68,055 $ — $ — Market Restricted cash 65,441 65,441 — — Market Available-for-sale securities 17,630 17,630 — — Market Total $ 151,126 $ 151,126 $ — $ — At September 30, 2017 and December 31, 2016 , 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. Publicly traded securities with sufficient trading volume are fair valued by management using quoted prices for identical instruments in active markets 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, restricted cash and available-for-sale securities 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. At September 30, 2017 and December 31, 2016 , the Company’s notes receivable included a $0 and $17,935 , respectively, loan bearing interest at 10% related to a terminal site under development, collateralized by property at that site, which was settled in the acquisition of Hannibal (Note 5 ). At December 31, 2016 the Company’s notes receivable included, as a component of other assets on the accompanying Consolidated Balance Sheets, a $3,725 loan bearing interest at 12.0% made to the Company’s joint venture partner in MT 6015 (Note 2) which was collateralized by other property owned by the joint venture partner. During the third quarter of 2017 the Company entered into a settlement agreement for this loan more fully discussed in Note 2. The fair value of these notes receivable approximate carrying value and are classified as Level 2, which is within the fair value hierarchy. At September 30, 2017 , the Company recorded a derivative asset related to short-term forward crude contracts. The fair value of the short-term derivative asset of $1,036 , recorded in other assets, is classified as Level 3 within the fair value hierarchy. The fair value of Series 2012 bonds, reported in debt, net on the Consolidated Balance Sheets, was approximately $44,667 and $46,488 , at September 30, 2017 and December 31, 2016 , respectively, 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 $149,463 and $149,575 at September 30, 2017 and December 31, 2016 , respectively, based upon market prices for similar municipal securities. The fair value of Senior Notes, reported in debt, net on the Consolidated Balance Sheets, was approximately $345,859 as of September 30, 2017 as the carrying value approximates the market prices. 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, 2017
Revenue Disclosure [Abstract]
REVENUES	REVENUES Components of revenue are as follows: Three Months Ended September 30, 2017 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Equipment leasing revenues Lease income $ 25,941 $ 3,800 $ — $ — $ — $ — $ 29,741 Maintenance revenue 17,533 — — — — — 17,533 Finance lease income — 385 — — — — 385 Other revenue — 1,932 25 — — — 1,957 Total equipment leasing revenues 43,474 6,117 25 — — — 49,616 Infrastructure revenues Lease income — — — — — 455 455 Rail revenues — — — — 8,258 — 8,258 Terminal services revenues — — — 1,730 — — 1,730 Other revenue — — — — — 303 303 Total infrastructure revenues — — — 1,730 8,258 758 10,746 Total revenues $ 43,474 $ 6,117 $ 25 $ 1,730 $ 8,258 $ 758 $ 60,362 Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals 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 Nine Months Ended September 30, 2017 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Equipment leasing revenues Lease income $ 63,577 $ 7,295 $ — $ — $ — $ — $ 70,872 Maintenance revenue 46,778 — — — — — 46,778 Finance lease income — 1,156 — — — — 1,156 Other revenue 2 2,504 75 — — — 2,581 Total equipment leasing revenues 110,357 10,955 75 — — — 121,387 Infrastructure revenues Lease income — — — — — 594 594 Rail revenues — — — — 24,323 — 24,323 Terminal services revenues — — — 9,622 — — 9,622 Other revenue — — — — — 303 303 Total infrastructure revenues — — — 9,622 24,323 897 34,842 Total revenues $ 110,357 $ 10,955 $ 75 $ 9,622 $ 24,323 $ 897 $ 156,229 Nine Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals 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 Presented below are the contracted minimum future annual revenues to be received under existing operating leases across several market sectors as of September 30, 2017 : Total 2017 $ 29,473 2018 91,448 2019 61,823 2020 39,441 2021 28,408 Thereafter 21,934 Total $ 272,527

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2017
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, 2017 , the Incentive Plan provides for the issuance of up to 30 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. 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 Weighted Average Remaining Contractual Term, (in years) 2017 2016 2017 2016 Stock Options $ — $ — $ — $ — $ — 7.64 Restricted Shares 90 — 228 (4,168 ) 1,091 3.28 Common Units 75 28 467 350 516 2.06 Total $ 165 $ 28 $ 695 $ (3,818 ) $ 1,607 Restricted Shares In the nine months ended September 30, 2017 , the Company granted equity-based compensation awards in a subsidiary consisting of 31,430 restricted shares that had a grant date fair value of $495 using a discounted cash flow model, which is determined based on the fair value of the operating segment on the grant date, estimated using a discounted cash flow analysis that 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 date. The awards vest in four tranches over four years , provided the employee remains employed by the Company. As of August 2017, 1.25 million restricted shares granted in August 2014 are no longer eligible for vesting due to (i) the expiration of the award agreement and (ii) certain performance conditions which were not reached. These shares had a grant date fair value of $23,879 . This expiration had no impact on the Company’s financial statements for the three and nine months ended September 30, 2017. Common Units In the nine months ended September 30, 2017 , the Company granted equity-based compensation in a subsidiary consisting of 520,000 common units that had a grant date fair value of $894 using a discounted cash flow model, which is determined based on the fair value of the operating segment on the grant date, estimated using a discounted cash flow analysis that 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 date. The awards vest over a range of six to 48 months , provided the employee remains employed by the Company.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The current and deferred components of the income tax provision included in the Consolidated Statements of Operations are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Current: Federal $ 841 $ 43 $ 1,157 $ 205 State and local 58 9 106 49 Foreign 8 (218 ) 49 (192 ) Total current provision 907 (166 ) 1,312 62 Deferred: Federal (14 ) 1 34 2 State and local (18 ) — (18 ) 1 Foreign 34 248 257 130 Total deferred provision 2 249 273 133 Total provision for income taxes $ 909 $ 83 $ 1,585 $ 195 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 not being subject to U.S. corporate tax rates, or being deemed to be foreign sourced and thus either not taxable or taxable at effectively lower tax rates. As of and for the nine month period ended September 30, 2017 , 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 2013. 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 of September 30, 2017 .

MANAGEMENT AGREEMENT AND AFFILI

MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS	9 Months Ended
	Sep. 30, 2017
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 IPO, the Company entered into 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 Master GP, which owns 0.05% of the Partnership and is the general partner of the Partnership. Post-IPO Management Agreement and Other Incentive Allocation The Manager is entitled to a management fee, incentive allocations (comprised of income incentive allocation and capital gains incentive allocation, defined below) and reimbursement of certain expenses. The 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 management fees for the three and nine months ended September 30, 2017 were $3,776 and $11,524 , respectively. The total management fees for the three and nine months ended September 30, 2016 were $4,146 and $12,725 , respectively. The income incentive allocation is calculated and distributable quarterly in arrears based on the pre-incentive allocation net income for the immediately preceding calendar quarter (the “Income Incentive Allocation”). For this purpose, pre-incentive allocation net income means, with respect to a calendar quarter, net income attributable to shareholders during such quarter calculated in accordance with GAAP excluding the Company’s pro rata share of (1) realized or unrealized gains and losses, and (2) certain non-cash or one-time items, and (3) any other adjustments as may be approved by the Company’s independent directors. Pre-incentive allocation net income does not include any Income Incentive Allocation or Capital Gains Incentive Allocation (described below) paid to the Master GP during the relevant quarter. A subsidiary of the Company allocates and distributes to the Master GP an Income Incentive Allocation with respect to its pre-incentive allocation net income in each calendar quarter as follows: (1) no Income Incentive Allocation in any calendar quarter in which pre-incentive allocation net income, expressed as a rate of return on the average value of the Company’s net equity capital (excluding non-controlling interests) at the end of the two most recently completed calendar quarters, does not exceed 2% for such quarter ( 8% annualized); (2) 100% of pre-incentive allocation net income with respect to that portion of such pre-incentive allocation net income, if any, that is equal to or exceeds 2% but does not exceed 2.2223% for such quarter; and (3) 10% of the amount of pre-incentive allocation net income, if any, that exceeds 2.2223% for such quarter. These calculations will be prorated for any period of less than three months. No Income Incentive Allocation was due to the Master GP for the three and nine months ended September 30, 2017 and 2016 . Capital Gains Incentive Allocation is calculated and distributable in arrears as of the end of each calendar year and is equal to 10% of the Company’s pro rata share of cumulative realized gains from the date of the IPO through the end of the applicable calendar year, net of the Company’s pro rata share of cumulative realized or unrealized losses, the cumulative non-cash portion of equity-based compensation expenses and all realized gains upon which prior performance-based Capital Gains Incentive Allocation payments were made to the Master GP. No Capital Gains Incentive Allocation was due to the Master GP for the three and nine months ended September 30, 2017 and 2016 . The Company will pay all of its operating expenses, except those specifically required to be borne by the Manager under the Management Agreement. The expenses required to be paid by the Company include, but are not limited to, issuance and transaction costs incident to the acquisition, disposition and financing of the company’s assets, legal and auditing fees and expenses, the compensation and expenses of the Company’s independent directors, the costs associated with the establishment and maintenance of any credit facilities and other indebtedness of the Company (including commitment fees, legal fees, closing costs, etc.), expenses associated with other securities offerings of the Company, costs and expenses incurred in contracting with third parties (including affiliates of the Manager), the costs of printing and mailing proxies and reports to the Company’s shareholders, costs incurred by the Manager or its affiliates for travel on the Company’s behalf, costs associated with any computer software or hardware that is used for the Company, costs to obtain liability insurance to indemnify the Company’s directors and officers and the compensation and expenses of the Company’s transfer agent. The Company will pay or reimburse the Manager and its affiliates for performing certain legal, accounting, due diligence tasks and other services that outside professionals or outside consultants otherwise would perform, provided that such costs and reimbursements are no greater than those which would be paid to outside professionals or consultants. The Manager is responsible for all of its other costs incident to the performance of its duties under the Management Agreement, including compensation of the Manager’s employees, rent for facilities and other “overhead” expenses; the Company will not reimburse the Manager for these expenses. During the three and nine months ended September 30, 2017 , expense reimbursement of $2,046 and $5,868 was recorded in general and administrative expenses, respectively, and $1,507 and $4,220 was recorded in acquisition and transaction expenses, respectively, in the Consolidated Statements of Operations. 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. If the Company terminates the Management Agreement, it will generally be required to pay the Manager a termination fee. The termination fee is equal to the amount of the management fee during the 12 months immediately preceding the date of the termination. In addition, an Incentive Allocation Fair Value Amount will be distributable to the Master GP if the Master GP is removed due to the termination of the Management Agreement in certain specified circumstances. The Incentive Allocation Fair Value Amount is an amount equal to the Income Incentive Allocation and the Capital Gains Incentive Allocation that would be paid to the Master GP if the Company’s assets were sold for cash at their then current fair market value (as determined by an appraisal, taking into account, among other things, the expected future value of the underlying investments). Upon the successful completion of a post-IPO offering of the Company’s common shares or other equity securities (including securities issued as consideration in an acquisition), the Company will grant the Manager options to purchase common shares in an amount equal to 10% of the number of common shares being sold in the offering (or if the issuance relates to equity securities other than the Company’s common shares, options to purchase a number of common shares equal to 10% of the gross capital raised in the equity issuance divided by the fair market value of a common share as of the date of issuance), with an exercise price equal to the offering price per share paid by the public or other ultimate purchaser or attributed to such securities in connection with an acquisition (or the fair market value of a common share as of the date of the equity issuance if it relates to equity securities other than our common shares). Any ultimate purchaser of common shares for which such options are granted may be an affiliate of Fortress. As of September 30, 2017 and December 31, 2016 , no amounts were recorded as a receivable from the Manager. As of September 30, 2017 and December 31, 2016 , amounts due to the Manager or its affiliates of $1,138 and $1,697 , respectively, excluding accrued management fees, are included within accounts payable and accrued liabilities on the Consolidated Balance Sheets. As of September 30, 2017 and December 31, 2016 , amounts due to the Manager or its affiliates of $1,224 and $1,347 , 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, 2017 and December 31, 2016 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, 2017 and December 31, 2016 was $69,259 and $74,904 , respectively. For the three and nine months ended September 30, 2017 , the amount of this non-controlling interest share of net loss was $2,163 and $5,646 , respectively. For the three and nine months ended September 30, 2016 , the amount of this non-controlling interest share of net loss was $1,762 and $5,715 , 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 are amortized as interest expense to the earlier of the redemption date or February 13, 2020.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2017
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 six reportable segments which operate in the Equipment Leasing and Infrastructure businesses across several market sectors. The Company’s reportable segments are (i) Aviation Leasing, (ii) Offshore Energy, (iii) Shipping Containers, (iv) Jefferson Terminal, (v) Railroad, and (vi) Ports and Terminals. 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. Ports and Terminals consists of Repauno, which is a 1,630 acre deep-water port located along the Delaware river with an underground storage cavern and multiple industrial development opportunities, and Hannibal, which is a 1,660 acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities. Corporate consists primarily of unallocated Company level general and administrative expenses, and management fees. The accounting policies of the segments are the same as those described in the summary of significant accounting policies; however, financial information presented by segment includes the impact of intercompany eliminations. The Company evaluates investment performance for each reportable segment primarily based on net income attributable to shareholders and Adjusted Net Income. Adjusted Net Income is defined as net income attributable to shareholders, adjusted (a) to exclude the impact of provision for income taxes, equity-based compensation expense, acquisition and transaction expenses, losses on the modification or extinguishment of debt and capital lease obligations, changes in fair value of non-hedge derivative instruments, asset impairment charges, incentive allocations, and equity in earnings of unconsolidated entities; (b) to include the impact of cash income tax payments, the Company’s pro-rata share of the Adjusted Net Income from unconsolidated entities (collectively “Adjusted Net Income”), and (c) to exclude the impact of the non-controlling share of Adjusted Net Income. The Company believes that net income attributable to shareholders, as defined by GAAP, is the most appropriate earnings measurement with which to reconcile Adjusted Net Income. Adjusted Net Income should not be considered as an alternative to net income attributable to shareholders as determined in accordance with GAAP. The following tables set forth certain information for each reportable segment of the Company: I. For the Three Months Ended September 30, 2017 Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Revenues Equipment leasing revenues $ 43,474 $ 6,117 $ 25 $ — $ — $ — $ — $ 49,616 Infrastructure revenues — — — 1,730 8,258 758 — 10,746 Total revenues 43,474 6,117 25 1,730 8,258 758 — 60,362 Expenses Operating expenses 1,706 5,103 8 7,039 6,980 2,852 — 23,688 General and administrative — — — — — — 3,439 3,439 Acquisition and transaction expenses 6 — — — — — 1,726 1,732 Management fees and incentive allocation to affiliate — — — — — — 3,771 3,771 Depreciation and amortization 17,909 1,607 — 3,978 507 783 — 24,784 Interest expense — 946 — 1,408 264 273 6,023 8,914 Total expenses 19,621 7,656 8 12,425 7,751 3,908 14,959 66,328 Other income (expense) Equity in (losses)/earnings of unconsolidated entities (203 ) — 359 (24 ) — — — 132 Gain (loss) on sale of equipment, net 2,871 — — — (162 ) — — 2,709 Loss on extinguishment of debt — — — — — — — — Interest income 51 4 — 160 — — — 215 Other income — 1,093 — 1,055 — — — 2,148 Total other income (expense) 2,719 1,097 359 1,191 (162 ) — — 5,204 Income (loss) before income taxes 26,572 (442 ) 376 (9,504 ) 345 (3,150 ) (14,959 ) (762 ) Provision for (benefit from) income taxes 927 (5 ) (10 ) (3 ) — — — 909 Net income (loss) 25,645 (437 ) 386 (9,501 ) 345 (3,150 ) (14,959 ) (1,671 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 303 (62 ) — (4,806 ) (104 ) — — (4,669 ) Net income (loss) attributable to shareholders $ 25,342 $ (375 ) $ 386 $ (4,695 ) $ 449 $ (3,150 ) $ (14,959 ) $ 2,998 The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net income attributable to shareholders: Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 26,274 $ (380 ) $ 330 $ (6,081 ) $ 517 $ (3,150 ) $ (13,673 ) $ 3,837 Add: Non-controlling share of adjustments to Adjusted Net Income 447 Add: Equity in earnings of unconsolidated entities 132 Add: Cash payments for income taxes 438 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (86 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments 1,036 Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,732 ) Less: Equity-based compensation expense (165 ) Less: Provision for income taxes (909 ) Net income attributable to shareholders $ 2,998 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, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Revenues Africa $ 1,964 $ — $ — $ — $ — $ — $ 1,964 Asia 6,094 1,543 25 — — — 7,662 Europe 28,907 4,189 — — — — 33,096 North America 6,509 385 — 1,730 8,258 758 17,640 South America — — — — — — — Total $ 43,474 $ 6,117 $ 25 $ 1,730 $ 8,258 $ 758 $ 60,362 I. For the Nine Months Ended September 30, 2017 Nine months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Revenues Equipment leasing revenues $ 110,357 $ 10,955 $ 75 $ — $ — $ — $ — $ 121,387 Infrastructure revenues — — — 9,622 24,323 897 — 34,842 Total revenues 110,357 10,955 75 9,622 24,323 897 — 156,229 Expenses Operating expenses 4,496 12,661 8 21,919 22,431 4,510 — 66,025 General and administrative — — — — — — 10,615 10,615 Acquisition and transaction expenses 276 — — — — — 4,788 5,064 Management fees and incentive allocation to affiliate — — — — — — 11,529 11,529 Depreciation and amortization 43,284 4,820 — 11,885 1,525 868 — 62,382 Interest expense — 2,800 — 4,283 710 817 12,682 21,292 Total expenses 48,056 20,281 8 38,087 24,666 6,195 39,614 176,907 Other income (expense) Equity in losses of unconsolidated entities (1,046 ) — (316 ) (99 ) — — — (1,461 ) Gain (loss) on sale of equipment, net 6,932 — — — (206 ) — — 6,726 Loss on extinguishment of debt — — — — — — (2,456 ) (2,456 ) Interest income 210 11 — 361 — — — 582 Other income — 1,093 — 1,087 — — — 2,180 Total other income (expense) 6,096 1,104 (316 ) 1,349 (206 ) — (2,456 ) 5,571 Income (loss) before income taxes 68,397 (8,222 ) (249 ) (27,116 ) (549 ) (5,298 ) (42,070 ) (15,107 ) Provision for (benefit from) income taxes 1,598 — (44 ) 31 — — — 1,585 Net income (loss) 66,799 (8,222 ) (205 ) (27,147 ) (549 ) (5,298 ) (42,070 ) (16,692 ) Less: Net (loss) income attributable to non-controlling interests in consolidated subsidiaries 445 (526 ) — (13,209 ) (43 ) (483 ) — (13,816 ) Net income (loss) attributable to shareholders $ 66,354 $ (7,696 ) $ (205 ) $ (13,938 ) $ (506 ) $ (4,815 ) $ (42,070 ) $ (2,876 ) The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net loss attributable to shareholders: Nine months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 68,227 $ (7,696 ) $ (387 ) $ (15,269 ) $ (67 ) $ (4,815 ) $ (35,779 ) $ 4,214 Add: Non-controlling share of adjustments to Adjusted Net Income 503 Add: Equity in losses of unconsolidated entities (1,461 ) Add: Cash payments for income taxes 1,033 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 1,599 Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments 1,036 Less: Losses on the modification or extinguishment of debt and capital lease obligations (2,456 ) Less: Acquisition and transaction expenses (5,064 ) Less: Equity-based compensation expense (695 ) Less: Provision for income taxes (1,585 ) Net loss attributable to shareholders $ (2,876 ) 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, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Revenues Africa $ 6,744 $ — $ — $ — $ — $ — $ 6,744 Asia 29,207 4,657 75 — — — 33,939 Europe 63,229 5,142 — — — — 68,371 North America 10,472 1,156 — 9,622 24,323 897 46,470 South America 705 — — — — — 705 Total $ 110,357 $ 10,955 $ 75 $ 9,622 $ 24,323 $ 897 $ 156,229 III. 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 Ports and Terminals 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 7,107 701 8,930 46,859 Other income (expense) Equity in losses of unconsolidated entities — — (1,161 ) — — — — (1,161 ) Gain (loss) on sale of equipment and finance leases, net — — — — 40 — — 40 Loss on extinguishment of debt — — — — — — — — Asset impairment — — — — — — — — Interest income (expense) 6 4 — 196 — — — 206 Other (expense) 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 (685 ) (8,930 ) (5,563 ) Provision (benefit from) for income taxes 100 — (41 ) 20 — 4 — 83 Net income (loss) 16,698 (2,038 ) (1,096 ) (9,925 ) 334 (689 ) (8,930 ) (5,646 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 60 (131 ) — (4,241 ) 14 (69 ) (3 ) (4,370 ) Net income (loss) attributable to shareholders $ 16,638 $ (1,907 ) $ (1,096 ) $ (5,684 ) $ 320 $ (620 ) $ (8,927 ) $ (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 Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 16,564 $ (1,907 ) $ (1,183 ) $ (5,719 ) $ 342 $ (616 ) $ (7,348 ) $ 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 Income 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 Ports and Terminals 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 $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 IV. 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 Ports and Terminals 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 21,004 417 6 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 23,011 701 26,107 134,571 Other income (expense) Equity in losses of unconsolidated entities — — (1,335 ) — — — — (1,335 ) Gain (loss) on sale of equipment and finance leases, net 2,717 — 304 — 286 — — 3,307 Loss on extinguishment of debt — — — (1,579 ) — — — (1,579 ) Asset impairment — (7,450 ) — — — — — (7,450 ) Interest income (expense) 9 9 — 69 — — — 87 Other (expense) income — — (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 (685 ) (26,107 ) (34,584 ) Provision (benefit from) for income taxes 188 — (54 ) 55 — 5 1 195 Net income (loss) 40,716 (19,150 ) (245 ) (29,684 ) 382 (690 ) (26,108 ) (34,779 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 350 (4,289 ) — (12,522 ) 11 (69 ) (9 ) (16,528 ) Net income (loss) attributable to shareholders $ 40,366 $ (14,861 ) $ (245 ) $ (17,162 ) $ 371 $ (621 ) $ (26,099 ) $ (18,251 ) The following table sets forth a reconciliation of Adjusted Net 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 Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 40,016 $ (11,136 ) $ (405 ) $ (18,495 ) $ 702 $ (621 ) $ (21,875 ) $ (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 Ports and Terminals 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 $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374 V. 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, 2017 and December 31, 2016 : September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Total assets $ 792,335 $ 231,152 $ 4,090 $ 557,833 $ 49,318 $ 110,679 $ 164,514 $ 1,909,921 Debt, net — 53,531 — 184,526 18,034 — 399,489 655,580 Total liabilities 116,080 58,589 — 203,148 33,936 16,588 403,657 831,998 Non-controlling interests in equity of consolidated subsidiaries 3,040 — — 91,106 2,540 — 524 97,210 Total equity 676,255 172,563 4,090 354,685 15,382 94,091 (239,143 ) 1,077,923 Total liabilities and equity $ 792,335 $ 231,152 $ 4,090 $ 557,833 $ 49,318 $ 110,679 $ 164,514 $ 1,909,921 September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 38,926 $ — $ — $ — $ — $ — $ — $ 38,926 Asia 280,554 36,710 — — — — — 317,264 Europe 269,448 127,968 — — — — — 397,416 North America 127,600 — — 365,016 35,593 104,633 — 632,842 South America 7,315 — — — — — — 7,315 Total $ 723,843 $ 164,678 $ — $ 365,016 $ 35,593 $ 104,633 $ — $ 1,393,763 December 31, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Total assets $ 625,680 $ 220,544 $ 4,333 $ 534,638 $ 40,428 $ 63,331 $ 58,358 $ 1,547,312 Debt, net — 62,655 — 184,702 12,155 — — 259,512 Total liabilities 74,989 66,002 — 205,536 24,971 6,287 3,847 381,632 Non-controlling interests in equity of consolidated subsidiaries 1,334 3,325 — 104,087 2,114 483 525 111,868 Total equity 550,691 154,542 4,333 329,102 15,457 57,044 54,511 1,165,680 Total liabilities and equity $ 625,680 $ 220,544 $ 4,333 $ 534,638 $ 40,428 $ 63,331 $ 58,358 $ 1,547,312 December 31, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 51,136 $ — $ — $ — $ — $ — $ — $ 51,136 Asia 212,635 169,499 — — — — — 382,134 Europe 225,934 — — — — — — 225,934 North America 56,456 — — 319,503 29,866 44,486 — 450,311 South America 8,121 — — — — — — 8,121 Total $ 554,282 $ 169,499 $ — $ 319,503 $ 29,866 $ 44,486 $ — $ 1,117,636

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2017
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 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) 2017 2016 2017 2016 Net income (loss) attributable to shareholders $ 2,998 $ (1,276 ) $ (2,876 ) $ (18,251 ) Weighted Average Shares Outstanding - Basic 75,770,529 75,746,200 75,765,144 75,734,587 Weighted Average Shares Outstanding - Diluted 75,770,665 75,746,200 75,765,144 75,734,587 Basic EPS $ 0.04 $ (0.02 ) $ (0.04 ) $ (0.24 ) Diluted EPS $ 0.04 $ (0.02 ) $ (0.04 ) $ (0.24 ) For the nine months ended September 30, 2017 , 1,048 shares have been excluded from the calculation of Diluted EPS because the impact would be anti-dilutive. 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, 2017
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 $6,580 at September 30, 2017 . No amount has been recorded for this matter in the Company’s consolidated financial statements as of September 30, 2017 , 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 has also entered into an arrangement with its non-controlling interest holder of Repauno, whereby the non-controlling interest holder may receive additional payments contingent upon the achievement of certain conditions, not to exceed $15,000 . The Company will account for such amounts when and if such conditions are achieved. The Company has entered into an arrangement with the seller of Hannibal, whereby the seller may receive additional payments contingent upon the achievement of certain conditions, not to exceed $5,000 . The Company will account for such amounts when and if such conditions are achieved. Several of the Company’s subsidiaries are lessees under various operating and capital leases. Total rent expense for operating leases was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Rent expense $ 1,235 $ 1,197 $ 3,755 $ 3,724 As of September 30, 2017 , minimum future rental payments under operating and capital leases are as follows: 2017 $ 2,047 2018 6,925 2019 6,514 2020 5,484 2021 4,166 Thereafter 73,330 Total $ 98,466

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On October 3, 2017, the Company repaid the outstanding balance on the Revolving Credit Facility, including associated interest, for $60,489 . The Company currently has no outstanding balance on the Revolving Credit Facility. On November 2, 2017, the Company’s Board of Directors declared a cash dividend on its common shares of $0.33 per share for the quarter ended September 30, 2017 , payable on November 27, 2017 to the holders of record on November 17, 2017.

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting	Basis of Accounting — The accompanying consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and include the accounts of the Company and its subsidiaries.
Principles of Consolidation	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.
Use of Estimates	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	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.
Variable Interest Entities	Variable Interest Entities — The assessment of whether an entity is a variable interest entity (“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.
Cash and Cash Equivalents	Cash and Cash Equivalents — The Company considers all highly liquid short-term investments with a maturity of 90 days or less when purchased to be cash equivalents.
Available-For-Sale Securities	Available-For-Sale Securities — The Company considers listed equity securities as available-for-sale securities recorded at fair value with unrealized gains (losses) recorded in other comprehensive income (loss) and realized gains (losses) recorded in earnings. The Company’s basis on which the cost of the security sold or the amount reclassified out of other comprehensive income into earnings is determined using specific identification. Available-for-sale securities are included as a component of investments on the accompanying Consolidated Balance Sheets. At each balance sheet date, the Company evaluates its available for sale securities holdings with unrealized losses to determine if an other-than-temporary impairment has occurred.
Deferred Financing Costs	Deferred Financing Costs — Costs incurred in connection with obtaining long term financing are capitalized and amortized to interest expense over the term of the underlying loans.
Concentration of Credit Risk	Concentration of Credit Risk — The Company is subject to concentrations of credit risk with respect to amounts due from customers on its finance lease 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, 2017 , the Company had no revenue concentration over 10% of total revenue from any one customer. During the three and nine months ended September 30, 2016 , the Company earned approximately 9.5% and 10.9% , respectively, of its revenue from one customer in the Jefferson Terminal segment. As of September 30, 2017 , accounts receivable from two customers in the Offshore Energy segment represented 17% and 22% , respectively, of total accounts receivable, net. As of December 31, 2016 , accounts receivable from two customers in the Offshore Segment represented 22% and 18% , respectively, 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	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) — 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 the available-for-sale securities and derivatives accounted for as cash flow hedges.
Accounting Pronouncements	Recent Accounting Pronouncements — In July 2015, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“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 is effective for fiscal years beginning after December 15, 2016, with earlier adoption permitted. The adoption of this standard did not have a material impact on our 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 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. The Company adopted ASU 2016-06 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 requires the income tax effects of awards to be recognized in the income statement when the awards vest or are settled, increases the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification, and allow recognizing forfeitures of awards as they occur. ASU 2016-09 is effective beginning in the first quarter of 2017, with early adoption permitted. The Company adopted ASU 2016-09 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control (“ASU 2016-17”). ASU 2016-17 amends the consolidation guidance on how a reporting entity that is the single decision maker of a VIE should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. Under the amendments, a single decision maker is not required to consider indirect interests held through related parties that are under common control with the single decision maker to be the equivalent of direct interests in their entirety. Instead, a single decision maker is required to include those interests on a proportionate basis consistent with indirect interests held through other related parties. ASU 2016-17 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company adopted ASU 2016-17 as of January 1, 2017 and the adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805) (“ASU 2017-01”) . ASU 2017-01 clarifying the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of businesses or assets. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company adopted ASU 2017-01 as of January 1, 2017 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 , ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which clarify the guidance on reporting revenue as a principal versus agent, identifying and disclosing performance obligations, accounting for intellectual property licenses, and assessing collectibility, present sales tax, treating noncash consideration. The Company’s evaluation of the impact of the new guidance on its consolidated financial statements is ongoing. The Company’s implementation efforts include the identification of revenue within the scope of the guidance, the evaluation of those revenue contracts, education and discussions with the Company’s control functions. The Company continues to evaluate the timing of recognition for various revenues, however, since a substantial portion of the Company’s revenue is recognized from its leasing contracts, subject to ASU 2016-02 Leases, these have been excluded from the evaluation. 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’s evaluation of the impact of the new guidance on its consolidated financial statements is ongoing. The Company is currently identifying the lease arrangements within the scope of the new guidance, and evaluating the impact of the lease arrangements. In September 2017, the FASB issued ASU 2017-13, Revenue Recognition (Topic 605), Revenue from contracts from customers (Topic 606), Leases (Topic 840) and Leases (Topic 842) , (“ASU 2017-13”) which adds SEC paragraphs to the new revenue and lease sections of the codification on the announcement of the SEC observer made at the July 2017 EITF meeting . 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 methods 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 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 2016-15 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. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory (“ASU 2016-16”). ASU 2016-16 prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. In addition, interpretations of this guidance have developed in practice for transfers of certain intangible and tangible assets. This prohibition on recognition is an exception to the principle of comprehensive recognition of current and deferred income taxes in GAAP. To more faithfully represent the economics of intra-entity asset transfers, the amendments ASU 2016-16 require that entities recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in ASU 2016-16 do not change GAAP for the pre-tax effects of an intra-entity asset transfer under Topic 810, Consolidation, or for an intra-entity transfer of inventory. ASU 2016-16 will be effective for annual reporting periods beginning after December 15, 2017, and interim periods within those annual reporting periods. 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. In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”) . ASU 2016-18 addresses the diversity in the classification and presentation of changes in restricted cash on the statement of cash flows under Topic 230, Statement of Cash Flows. The amendments in ASU 2016-18 require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. ASU 2016-18 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. In January 2017, the FASB issued ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments—Equity Method and Joint Ventures (Topic 323) (“ASU 2017-03”). ASU 2017-03 adds and amends SEC paragraphs pursuant to the SEC Staff Announcements at the September 22, 2016 and November 17, 2016 Emerging Issues Task Force (EITF) meetings. The September announcement is about the disclosure of the impact that recently issued accounting standards will have on the financial statements of a registrant when such standards are adopted in a future period. The November announcement made amendments to conform the SEC Observer Comment on Accounting for Tax Benefits Resulting from Investments in Qualified Affordable Housing Projects to the guidance issued in ASU 2014-01, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”). ASU 2017-04 addresses concerns over the cost and complexity of the two-step goodwill impairment test by removing the second step of the test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. ASU 2017-01 will be effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets (“ASU 2017-05”). ASU 2017-05 amendments the scope of the nonfinancial asset guidance in Subtopic 610-20. The amendments also clarify that the derecognition of all businesses and nonprofit activities (except those related to conveyances of oil and gas mineral rights or contracts with customers) should be accounted for in accordance with the derecognition and deconsolidation guidance in Subtopic 810-10. In addition, the amendments eliminate the exception in the financial asset guidance for transfers of investments (including equity method investments) in real estate entities and supersede the guidance in the Exchanges of a Nonfinancial Asset for a Noncontrolling Ownership Interest Subsection within Topic 845. The amendments in ASU 2017-05 also provide guidance on the accounting for what often are referred to as partial sales of nonfinancial assets within the scope of Subtopic 610-20 and contributions of nonfinancial assets to a joint venture or other noncontrolled investee. ASU 2017-05 will be effective for annual reporting periods beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements. In May 2017, the FASB issued Accounting Standards Update No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting ("ASU 2017-09") , which provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. ASU 2017-09 is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, and early adoption is permitted, including in an interim period. ASU 2017-09 is to be applied on a prospective basis to an award modified on or after the adoption date. We do not expect the adoption of ASU 2017-09 to have a material impact on our consolidated financial statements.
Fair Value Measurement	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).

LEASING EQUIPMENT, NET (Tables)

LEASING EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2017
Leases [Abstract]
Summary of Leasing Equipment	Leasing equipment, net is summarized as follows: September 30, 2017 December 31, 2016 Leasing equipment $ 1,055,548 $ 849,565 Less: accumulated depreciation (126,184 ) (84,110 ) Leasing equipment, net $ 929,364 $ 765,455
Schedule of Capital Leased Assets	Depreciation expense for leasing equipment is summarized as follows: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 2016 2017 2016 Depreciation expense for leasing equipment $ 19,792 $ 11,322 $ 48,934 $ 31,065

FINANCE LEASES, NET (Tables)

FINANCE LEASES, NET (Tables)	9 Months Ended
	Sep. 30, 2017
Leases [Abstract]
Schedule of Capital Leases, Lessor Balance Sheet	Finance leases, net are summarized as follows: September 30, 2017 December 31, 2016 Finance leases $ 16,521 $ 18,022 Unearned revenue (7,151 ) (8,305 ) Finance leases, net $ 9,370 $ 9,717
Schedule of Future Minimum Lease Payments for Capital Leases	As of September 30, 2017 , future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: Total 2017 $ 507 2018 2,008 2019 2,008 2020 2,013 2021 2,008 Thereafter 7,977 Total $ 16,521

PROPERTY, PLANT AND EQUIPMENT28

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Depreciation expense for property, plant and equipment is summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Depreciation expense for property, plant and equipment $ 4,092 $ 3,154 $ 10,749 $ 9,530 Property, plant and equipment, net is summarized as follows: September 30, 2017 December 31, 2016 Land, site improvements and rights $ 74,270 $ 57,617 Construction in progress 114,844 49,605 Buildings and improvements 9,763 2,750 Terminal machinery and equipment 262,212 236,652 Track and track related assets 27,977 22,948 Railroad equipment 1,037 1,091 Railcars and locomotives 3,114 2,909 Computer hardware and software 3,034 388 Furniture and fixtures 544 405 Vehicles 1,171 985 497,966 375,350 Less: accumulated depreciation (36,413 ) (26,002 ) Spare parts 2,846 2,833 Property, plant and equipment, net $ 464,399 $ 352,181

INVESTMENTS (Tables)

INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The following table presents the ownership interests and carrying values of the Company’s investments: Carrying Value Investment Ownership Percentage September 30, 2017 December 31, 2016 Listed security Available-for-sale 2% $ 30,470 $ 17,630 Advanced Engine Repair JV Equity method 25% 13,954 15,000 JGP Energy Partners LLC Equity method 50% 19,741 3,266 Intermodal Finance I, Ltd. Equity method 51% 3,627 4,082 Investments $ 67,792 $ 39,978
Available-for-sale Securities	Available-for-sale securities Equity Security December 31, 2016 $ 17,630 Purchases 8,332 Unrealized gain 4,508 September 30, 2017 $ 30,470 Cost $ 18,833

INTANGIBLE ASSETS AND LIABILI30

INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)	9 Months Ended
	Sep. 30, 2017
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, 2017 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 28,180 $ — $ — $ 28,180 Less: Accumulated amortization (18,946 ) — — (18,946 ) Acquired favorable lease intangibles, net 9,234 — — 9,234 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (10,936 ) (154 ) (11,090 ) Acquired customer relationships, net — 24,577 71 24,648 Total intangible assets, net $ 9,234 $ 24,577 $ 71 $ 33,882 Intangible liabilities Acquired unfavorable lease intangibles $ 2,440 $ — $ — $ 2,440 Less: Accumulated amortization (1,090 ) — — (1,090 ) Acquired unfavorable lease intangibles, net $ 1,350 $ — $ — $ 1,350 December 31, 2016 Aviation Leasing Jefferson Terminal Railroad Total Intangible assets Acquired favorable lease intangibles $ 26,605 $ — $ — $ 26,605 Less: Accumulated amortization (14,998 ) — — (14,998 ) Acquired favorable lease intangibles, net 11,607 — — 11,607 Customer relationships — 35,513 225 35,738 Less: Accumulated amortization — (8,271 ) (120 ) (8,391 ) Acquired customer relationships, net — 27,242 105 27,347 Total intangible assets, net $ 11,607 $ 27,242 $ 105 $ 38,954 Intangible liabilities Acquired unfavorable lease intangibles $ 1,506 $ — $ — $ 1,506 Less: Accumulated amortization (627 ) — — (627 ) Acquired unfavorable lease intangibles, net $ 879 $ — $ — $ 879
Schedule of Intangible Assets and Liabilities	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, 2017 2016 2017 2016 Lease intangibles Equipment leasing revenues $ 1,147 $ 1,403 $ 3,494 $ 4,557 Customer relationships Depreciation and amortization 900 900 2,699 2,699 Total $ 2,047 $ 2,303 $ 6,193 $ 7,256
Schedule of Net Annual Amortization of Intangibles	As of September 30, 2017 , estimated net annual amortization of intangibles is as follows: Total 2017 $ 1,899 2018 7,301 2019 5,625 2020 4,331 2021 3,847 Thereafter 9,529 Total $ 32,532

DEBT, NET (Tables)

DEBT, NET (Tables)	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company’s debt, net is summarized as follows: September 30, 2017 December 31, 2016 Loans payable FTAI Pride Credit Agreement $ 53,993 $ 60,937 CMQR Credit Agreement 18,400 12,625 Revolving Credit Facility 60,000 — Total loans payable 132,393 73,562 Bonds payable Series 2012 Bonds (including unamortized premium of $1,654 and $1,697 at September 30, 2017 and December 31, 2016, respectively) 44,419 45,887 Series 2016 Bonds 144,200 144,200 Senior Notes (including unamortized discount of $6,826 and unamortized premium of $2,686 at September 30, 2017) 345,859 — Total bonds payable 534,478 190,087 Note payable to non-controlling interest Note payable to non-controlling interest — 2,352 Total note payable to non-controlling interest — 2,352 Debt 666,871 266,001 Less: Debt issuance costs (11,291 ) (6,489 ) Total debt, net $ 655,580 $ 259,512 Total debt due within one year $ 6,233 $ 8,078

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2017
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, 2017 and December 31, 2016 , 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, 2017 September 30, 2017 Total Level 1 Level 2 Level 3 Valuation Technique Assets Cash and cash equivalents $ 176,357 $ 176,357 $ — $ — Market Restricted cash 36,458 36,458 — — Market Available-for-sale securities 30,470 30,470 — — Market Total $ 243,285 $ 243,285 $ — $ — Fair Value as of Fair Value Measurements Using Fair Value Hierarchy as of December 31, 2016 December 31, 2016 Total Level 1 Level 2 Level 3 Valuation Technique Assets Cash and cash equivalents $ 68,055 $ 68,055 $ — $ — Market Restricted cash 65,441 65,441 — — Market Available-for-sale securities 17,630 17,630 — — Market Total $ 151,126 $ 151,126 $ — $ —

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Sep. 30, 2017
Revenue Disclosure [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Components of revenue are as follows: Three Months Ended September 30, 2017 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Equipment leasing revenues Lease income $ 25,941 $ 3,800 $ — $ — $ — $ — $ 29,741 Maintenance revenue 17,533 — — — — — 17,533 Finance lease income — 385 — — — — 385 Other revenue — 1,932 25 — — — 1,957 Total equipment leasing revenues 43,474 6,117 25 — — — 49,616 Infrastructure revenues Lease income — — — — — 455 455 Rail revenues — — — — 8,258 — 8,258 Terminal services revenues — — — 1,730 — — 1,730 Other revenue — — — — — 303 303 Total infrastructure revenues — — — 1,730 8,258 758 10,746 Total revenues $ 43,474 $ 6,117 $ 25 $ 1,730 $ 8,258 $ 758 $ 60,362 Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals 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 Nine Months Ended September 30, 2017 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Equipment leasing revenues Lease income $ 63,577 $ 7,295 $ — $ — $ — $ — $ 70,872 Maintenance revenue 46,778 — — — — — 46,778 Finance lease income — 1,156 — — — — 1,156 Other revenue 2 2,504 75 — — — 2,581 Total equipment leasing revenues 110,357 10,955 75 — — — 121,387 Infrastructure revenues Lease income — — — — — 594 594 Rail revenues — — — — 24,323 — 24,323 Terminal services revenues — — — 9,622 — — 9,622 Other revenue — — — — — 303 303 Total infrastructure revenues — — — 9,622 24,323 897 34,842 Total revenues $ 110,357 $ 10,955 $ 75 $ 9,622 $ 24,323 $ 897 $ 156,229 Nine Months Ended September 30, 2016 Equipment Leasing Infrastructure Revenues Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals 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
Schedule of Future Minimum Rental Payments for Operating Leases	Presented below are the contracted minimum future annual revenues to be received under existing operating leases across several market sectors as of September 30, 2017 : Total 2017 $ 29,473 2018 91,448 2019 61,823 2020 39,441 2021 28,408 Thereafter 21,934 Total $ 272,527 As of September 30, 2017 , minimum future rental payments under operating and capital leases are as follows: 2017 $ 2,047 2018 6,925 2019 6,514 2020 5,484 2021 4,166 Thereafter 73,330 Total $ 98,466

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
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 Weighted Average Remaining Contractual Term, (in years) 2017 2016 2017 2016 Stock Options $ — $ — $ — $ — $ — 7.64 Restricted Shares 90 — 228 (4,168 ) 1,091 3.28 Common Units 75 28 467 350 516 2.06 Total $ 165 $ 28 $ 695 $ (3,818 ) $ 1,607

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The current and deferred components of the income tax provision included in the Consolidated Statements of Operations are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Current: Federal $ 841 $ 43 $ 1,157 $ 205 State and local 58 9 106 49 Foreign 8 (218 ) 49 (192 ) Total current provision 907 (166 ) 1,312 62 Deferred: Federal (14 ) 1 34 2 State and local (18 ) — (18 ) 1 Foreign 34 248 257 130 Total deferred provision 2 249 273 133 Total provision for income taxes $ 909 $ 83 $ 1,585 $ 195

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	III. 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 Ports and Terminals 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 7,107 701 8,930 46,859 Other income (expense) Equity in losses of unconsolidated entities — — (1,161 ) — — — — (1,161 ) Gain (loss) on sale of equipment and finance leases, net — — — — 40 — — 40 Loss on extinguishment of debt — — — — — — — — Asset impairment — — — — — — — — Interest income (expense) 6 4 — 196 — — — 206 Other (expense) 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 (685 ) (8,930 ) (5,563 ) Provision (benefit from) for income taxes 100 — (41 ) 20 — 4 — 83 Net income (loss) 16,698 (2,038 ) (1,096 ) (9,925 ) 334 (689 ) (8,930 ) (5,646 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 60 (131 ) — (4,241 ) 14 (69 ) (3 ) (4,370 ) Net income (loss) attributable to shareholders $ 16,638 $ (1,907 ) $ (1,096 ) $ (5,684 ) $ 320 $ (620 ) $ (8,927 ) $ (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 Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 16,564 $ (1,907 ) $ (1,183 ) $ (5,719 ) $ 342 $ (616 ) $ (7,348 ) $ 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 Income 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 Ports and Terminals 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 $ 27,060 $ 2,969 $ 25 $ 4,255 $ 7,401 $ 16 $ 41,726 IV. 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 Ports and Terminals 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 21,004 417 6 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 23,011 701 26,107 134,571 Other income (expense) Equity in losses of unconsolidated entities — — (1,335 ) — — — — (1,335 ) Gain (loss) on sale of equipment and finance leases, net 2,717 — 304 — 286 — — 3,307 Loss on extinguishment of debt — — — (1,579 ) — — — (1,579 ) Asset impairment — (7,450 ) — — — — — (7,450 ) Interest income (expense) 9 9 — 69 — — — 87 Other (expense) income — — (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 (685 ) (26,107 ) (34,584 ) Provision (benefit from) for income taxes 188 — (54 ) 55 — 5 1 195 Net income (loss) 40,716 (19,150 ) (245 ) (29,684 ) 382 (690 ) (26,108 ) (34,779 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 350 (4,289 ) — (12,522 ) 11 (69 ) (9 ) (16,528 ) Net income (loss) attributable to shareholders $ 40,366 $ (14,861 ) $ (245 ) $ (17,162 ) $ 371 $ (621 ) $ (26,099 ) $ (18,251 ) The following tables set forth certain information for each reportable segment of the Company: I. For the Three Months Ended September 30, 2017 Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Revenues Equipment leasing revenues $ 43,474 $ 6,117 $ 25 $ — $ — $ — $ — $ 49,616 Infrastructure revenues — — — 1,730 8,258 758 — 10,746 Total revenues 43,474 6,117 25 1,730 8,258 758 — 60,362 Expenses Operating expenses 1,706 5,103 8 7,039 6,980 2,852 — 23,688 General and administrative — — — — — — 3,439 3,439 Acquisition and transaction expenses 6 — — — — — 1,726 1,732 Management fees and incentive allocation to affiliate — — — — — — 3,771 3,771 Depreciation and amortization 17,909 1,607 — 3,978 507 783 — 24,784 Interest expense — 946 — 1,408 264 273 6,023 8,914 Total expenses 19,621 7,656 8 12,425 7,751 3,908 14,959 66,328 Other income (expense) Equity in (losses)/earnings of unconsolidated entities (203 ) — 359 (24 ) — — — 132 Gain (loss) on sale of equipment, net 2,871 — — — (162 ) — — 2,709 Loss on extinguishment of debt — — — — — — — — Interest income 51 4 — 160 — — — 215 Other income — 1,093 — 1,055 — — — 2,148 Total other income (expense) 2,719 1,097 359 1,191 (162 ) — — 5,204 Income (loss) before income taxes 26,572 (442 ) 376 (9,504 ) 345 (3,150 ) (14,959 ) (762 ) Provision for (benefit from) income taxes 927 (5 ) (10 ) (3 ) — — — 909 Net income (loss) 25,645 (437 ) 386 (9,501 ) 345 (3,150 ) (14,959 ) (1,671 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 303 (62 ) — (4,806 ) (104 ) — — (4,669 ) Net income (loss) attributable to shareholders $ 25,342 $ (375 ) $ 386 $ (4,695 ) $ 449 $ (3,150 ) $ (14,959 ) $ 2,998 . For the Three Months Ended September 30, 2017 Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Revenues Equipment leasing revenues $ 43,474 $ 6,117 $ 25 $ — $ — $ — $ — $ 49,616 Infrastructure revenues — — — 1,730 8,258 758 — 10,746 Total revenues 43,474 6,117 25 1,730 8,258 758 — 60,362 Expenses Operating expenses 1,706 5,103 8 7,039 6,980 2,852 — 23,688 General and administrative — — — — — — 3,439 3,439 Acquisition and transaction expenses 6 — — — — — 1,726 1,732 Management fees and incentive allocation to affiliate — — — — — — 3,771 3,771 Depreciation and amortization 17,909 1,607 — 3,978 507 783 — 24,784 Interest expense — 946 — 1,408 264 273 6,023 8,914 Total expenses 19,621 7,656 8 12,425 7,751 3,908 14,959 66,328 Other income (expense) Equity in (losses)/earnings of unconsolidated entities (203 ) — 359 (24 ) — — — 132 Gain (loss) on sale of equipment, net 2,871 — — — (162 ) — — 2,709 Loss on extinguishment of debt — — — — — — — — Interest income 51 4 — 160 — — — 215 Other income — 1,093 — 1,055 — — — 2,148 Total other income (expense) 2,719 1,097 359 1,191 (162 ) — — 5,204 Income (loss) before income taxes 26,572 (442 ) 376 (9,504 ) 345 (3,150 ) (14,959 ) (762 ) Provision for (benefit from) income taxes 927 (5 ) (10 ) (3 ) — — — 909 Net income (loss) 25,645 (437 ) 386 (9,501 ) 345 (3,150 ) (14,959 ) (1,671 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 303 (62 ) — (4,806 ) (104 ) — — (4,669 ) Net income (loss) attributable to shareholders $ 25,342 $ (375 ) $ 386 $ (4,695 ) $ 449 $ (3,150 ) $ (14,959 ) $ 2,998 The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net income attributable to shareholders: Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 26,274 $ (380 ) $ 330 $ (6,081 ) $ 517 $ (3,150 ) $ (13,673 ) $ 3,837 Add: Non-controlling share of adjustments to Adjusted Net Income 447 Add: Equity in earnings of unconsolidated entities 132 Add: Cash payments for income taxes 438 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (86 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments 1,036 Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,732 ) Less: Equity-based compensation expense (165 ) Less: Provision for income taxes (909 ) Net income attributable to shareholders $ 2,998 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, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Revenues Africa $ 1,964 $ — $ — $ — $ — $ — $ 1,964 Asia 6,094 1,543 25 — — — 7,662 Europe 28,907 4,189 — — — — 33,096 North America 6,509 385 — 1,730 8,258 758 17,640 South America — — — — — — — Total $ 43,474 $ 6,117 $ 25 $ 1,730 $ 8,258 $ 758 $ 60,362 I. For the Nine Months Ended September 30, 2017 Nine months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Revenues Equipment leasing revenues $ 110,357 $ 10,955 $ 75 $ — $ — $ — $ — $ 121,387 Infrastructure revenues — — — 9,622 24,323 897 — 34,842 Total revenues 110,357 10,955 75 9,622 24,323 897 — 156,229 Expenses Operating expenses 4,496 12,661 8 21,919 22,431 4,510 — 66,025 General and administrative — — — — — — 10,615 10,615 Acquisition and transaction expenses 276 — — — — — 4,788 5,064 Management fees and incentive allocation to affiliate — — — — — — 11,529 11,529 Depreciation and amortization 43,284 4,820 — 11,885 1,525 868 — 62,382 Interest expense — 2,800 — 4,283 710 817 12,682 21,292 Total expenses 48,056 20,281 8 38,087 24,666 6,195 39,614 176,907 Other income (expense) Equity in losses of unconsolidated entities (1,046 ) — (316 ) (99 ) — — — (1,461 ) Gain (loss) on sale of equipment, net 6,932 — — — (206 ) — — 6,726 Loss on extinguishment of debt — — — — — — (2,456 ) (2,456 ) Interest income 210 11 — 361 — — — 582 Other income — 1,093 — 1,087 — — — 2,180 Total other income (expense) 6,096 1,104 (316 ) 1,349 (206 ) — (2,456 ) 5,571 Income (loss) before income taxes 68,397 (8,222 ) (249 ) (27,116 ) (549 ) (5,298 ) (42,070 ) (15,107 ) Provision for (benefit from) income taxes 1,598 — (44 ) 31 — — — 1,585 Net income (loss) 66,799 (8,222 ) (205 ) (27,147 ) (549 ) (5,298 ) (42,070 ) (16,692 ) Less: Net (loss) income attributable to non-controlling interests in consolidated subsidiaries 445 (526 ) — (13,209 ) (43 ) (483 ) — (13,816 ) Net income (loss) attributable to shareholders $ 66,354 $ (7,696 ) $ (205 ) $ (13,938 ) $ (506 ) $ (4,815 ) $ (42,070 ) $ (2,876 ) Three Months Ended September 30, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals 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 7,107 701 8,930 46,859 Other income (expense) Equity in losses of unconsolidated entities — — (1,161 ) — — — — (1,161 ) Gain (loss) on sale of equipment and finance leases, net — — — — 40 — — 40 Loss on extinguishment of debt — — — — — — — — Asset impairment — — — — — — — — Interest income (expense) 6 4 — 196 — — — 206 Other (expense) 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 (685 ) (8,930 ) (5,563 ) Provision (benefit from) for income taxes 100 — (41 ) 20 — 4 — 83 Net income (loss) 16,698 (2,038 ) (1,096 ) (9,925 ) 334 (689 ) (8,930 ) (5,646 ) Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries 60 (131 ) — (4,241 ) 14 (69 ) (3 ) (4,370 ) Net income (loss) attributable to shareholders $ 16,638 $ (1,907 ) $ (1,096 ) $ (5,684 ) $ 320 $ (620 ) $ (8,927 ) $ (1,276 )
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table sets forth a reconciliation of Adjusted Net Income (Loss) to net income attributable to shareholders: Three months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 26,274 $ (380 ) $ 330 $ (6,081 ) $ 517 $ (3,150 ) $ (13,673 ) $ 3,837 Add: Non-controlling share of adjustments to Adjusted Net Income 447 Add: Equity in earnings of unconsolidated entities 132 Add: Cash payments for income taxes 438 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities (86 ) Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments 1,036 Less: Losses on the modification or extinguishment of debt and capital lease obligations — Less: Acquisition and transaction expenses (1,732 ) Less: Equity-based compensation expense (165 ) Less: Provision for income taxes (909 ) Net income attributable to shareholders $ 2,998 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 Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 16,564 $ (1,907 ) $ (1,183 ) $ (5,719 ) $ 342 $ (616 ) $ (7,348 ) $ 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 Income 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 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 Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 40,016 $ (11,136 ) $ (405 ) $ (18,495 ) $ 702 $ (621 ) $ (21,875 ) $ (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: Nine months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Adjusted Net Income (Loss) $ 68,227 $ (7,696 ) $ (387 ) $ (15,269 ) $ (67 ) $ (4,815 ) $ (35,779 ) $ 4,214 Add: Non-controlling share of adjustments to Adjusted Net Income 503 Add: Equity in losses of unconsolidated entities (1,461 ) Add: Cash payments for income taxes 1,033 Less: Incentive allocations — Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities 1,599 Less: Asset impairment charges — Less: Changes in fair value of non-hedge derivative instruments 1,036 Less: Losses on the modification or extinguishment of debt and capital lease obligations (2,456 ) Less: Acquisition and transaction expenses (5,064 ) Less: Equity-based compensation expense (695 ) Less: Provision for income taxes (1,585 ) Net loss attributable to shareholders $ (2,876 )
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: Nine months ended September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Revenues Africa $ 6,744 $ — $ — $ — $ — $ — $ 6,744 Asia 29,207 4,657 75 — — — 33,939 Europe 63,229 5,142 — — — — 68,371 North America 10,472 1,156 — 9,622 24,323 897 46,470 South America 705 — — — — — 705 Total $ 110,357 $ 10,955 $ 75 $ 9,622 $ 24,323 $ 897 $ 156,229 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 Ports and Terminals 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 $ 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 Ports and Terminals 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 $ 66,360 $ 4,433 $ 1,187 $ 11,271 $ 23,107 $ 16 $ 106,374 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, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Total Revenues Africa $ 1,964 $ — $ — $ — $ — $ — $ 1,964 Asia 6,094 1,543 25 — — — 7,662 Europe 28,907 4,189 — — — — 33,096 North America 6,509 385 — 1,730 8,258 758 17,640 South America — — — — — — — Total $ 43,474 $ 6,117 $ 25 $ 1,730 $ 8,258 $ 758 $ 60,362
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	December 31, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Total assets $ 625,680 $ 220,544 $ 4,333 $ 534,638 $ 40,428 $ 63,331 $ 58,358 $ 1,547,312 Debt, net — 62,655 — 184,702 12,155 — — 259,512 Total liabilities 74,989 66,002 — 205,536 24,971 6,287 3,847 381,632 Non-controlling interests in equity of consolidated subsidiaries 1,334 3,325 — 104,087 2,114 483 525 111,868 Total equity 550,691 154,542 4,333 329,102 15,457 57,044 54,511 1,165,680 Total liabilities and equity $ 625,680 $ 220,544 $ 4,333 $ 534,638 $ 40,428 $ 63,331 $ 58,358 $ 1,547,312 December 31, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 51,136 $ — $ — $ — $ — $ — $ — $ 51,136 Asia 212,635 169,499 — — — — — 382,134 Europe 225,934 — — — — — — 225,934 North America 56,456 — — 319,503 29,866 44,486 — 450,311 South America 8,121 — — — — — — 8,121 Total $ 554,282 $ 169,499 $ — $ 319,503 $ 29,866 $ 44,486 $ — $ 1,117,636 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, 2017 and December 31, 2016 : September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Total assets $ 792,335 $ 231,152 $ 4,090 $ 557,833 $ 49,318 $ 110,679 $ 164,514 $ 1,909,921 Debt, net — 53,531 — 184,526 18,034 — 399,489 655,580 Total liabilities 116,080 58,589 — 203,148 33,936 16,588 403,657 831,998 Non-controlling interests in equity of consolidated subsidiaries 3,040 — — 91,106 2,540 — 524 97,210 Total equity 676,255 172,563 4,090 354,685 15,382 94,091 (239,143 ) 1,077,923 Total liabilities and equity $ 792,335 $ 231,152 $ 4,090 $ 557,833 $ 49,318 $ 110,679 $ 164,514 $ 1,909,921
Long-lived Assets by Geographic Areas	September 30, 2017 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 38,926 $ — $ — $ — $ — $ — $ — $ 38,926 Asia 280,554 36,710 — — — — — 317,264 Europe 269,448 127,968 — — — — — 397,416 North America 127,600 — — 365,016 35,593 104,633 — 632,842 South America 7,315 — — — — — — 7,315 Total $ 723,843 $ 164,678 $ — $ 365,016 $ 35,593 $ 104,633 $ — $ 1,393,763 December 31, 2016 Equipment Leasing Infrastructure Aviation Leasing Offshore Energy Shipping Containers Jefferson Terminal Railroad Ports and Terminals Corporate Total Property, plant and equipment and leasing equipment, net Africa $ 51,136 $ — $ — $ — $ — $ — $ — $ 51,136 Asia 212,635 169,499 — — — — — 382,134 Europe 225,934 — — — — — — 225,934 North America 56,456 — — 319,503 29,866 44,486 — 450,311 South America 8,121 — — — — — — 8,121 Total $ 554,282 $ 169,499 $ — $ 319,503 $ 29,866 $ 44,486 $ — $ 1,117,636

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2017
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) 2017 2016 2017 2016 Net income (loss) attributable to shareholders $ 2,998 $ (1,276 ) $ (2,876 ) $ (18,251 ) Weighted Average Shares Outstanding - Basic 75,770,529 75,746,200 75,765,144 75,734,587 Weighted Average Shares Outstanding - Diluted 75,770,665 75,746,200 75,765,144 75,734,587 Basic EPS $ 0.04 $ (0.02 ) $ (0.04 ) $ (0.24 ) Diluted EPS $ 0.04 $ (0.02 ) $ (0.04 ) $ (0.24 )

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Operating Leases of Lessee	Several of the Company’s subsidiaries are lessees under various operating and capital leases. Total rent expense for operating leases was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Rent expense $ 1,235 $ 1,197 $ 3,755 $ 3,724
Schedule of Future Minimum Rental Payments for Operating Leases	Presented below are the contracted minimum future annual revenues to be received under existing operating leases across several market sectors as of September 30, 2017 : Total 2017 $ 29,473 2018 91,448 2019 61,823 2020 39,441 2021 28,408 Thereafter 21,934 Total $ 272,527 As of September 30, 2017 , minimum future rental payments under operating and capital leases are as follows: 2017 $ 2,047 2018 6,925 2019 6,514 2020 5,484 2021 4,166 Thereafter 73,330 Total $ 98,466

ORGANIZATION (Details)

ORGANIZATION (Details)	9 Months Ended
	Sep. 30, 2017segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	6
Number of primary businesses	2

SUMMARY OF SIGNIFICANT ACCOUN40

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Jul. 01, 2016	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2014	Jun. 16, 2017
Variable Interest Entities [Abstract]
Ownership of other party, percentage	10.00%
Restricted cash		$ 36,458,000			$ 36,458,000		$ 65,441,000
Debt issuance cost		(11,291,000)			(11,291,000)		(6,489,000)
Deferred finance costs		1,157			1,157
Amortization of Debt Issuance Costs		1,056,000	$ 678,000		3,120,000	$ 1,927,000
Provision for doubtful accounts		418,000			418,000		418,000
Bad debt expense		0	79,000		63,000	134,000
Lease incentive		18,516,000			18,516,000		3,556,000
Change in fair value of non-hedge derivative		$ 1,036,000	$ 0		$ 1,036,000	$ (3,000)	0
Common stock dividends declared (in dollars per share)		$ 0.33	$ 0.33		$ 0.99	$ 0.66
Other Assets
Variable Interest Entities [Abstract]
Accounts and notes receivable, net		$ 2,714,000			$ 2,714,000		22,469,000
Leasing equipment, purchase deposits		11,785,000			11,785,000		13,701,000
Capitalized costs, potential asset acquisitions		781,000			781,000		2,116,000
Prepaid expense		5,331,000			5,331,000		3,440,000
Other receivables		4,690,000			$ 4,690,000		$ 21,501,000
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					0.00%
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			9.50%			10.90%
Major Accounts Receivable Customer, Customer One | Customer Concentration Risk | Accounts Receivable
Variable Interest Entities [Abstract]
Concentration risk percentage					17.00%		22.00%
Major Accounts Receivable Customer, Customer Two | Customer Concentration Risk | Accounts Receivable
Variable Interest Entities [Abstract]
Concentration risk percentage							18.00%
Subsidiary | Co-venturer
Variable Interest Entities [Abstract]
Subsidiary loan to VIE partner for equity contribution								$ 3,725,000
Investments		3,725,000			$ 3,725,000
Other income		$ 1,093
Delaware River Partners LLC
Variable Interest Entities [Abstract]
Ownership of other party, percentage	2.00%
Delaware River Partners LLC | Co-venturer
Variable Interest Entities [Abstract]
Contribution amount, investment	$ 641,000
Noncontrolling Party
Variable Interest Entities [Abstract]
Ownership of other party, percentage	8.00%
Variable Interest Entity, Primary Beneficiary | Subsidiary
Variable Interest Entities [Abstract]
Interest held in VIE, as a percentage								50.00%
Variable Interest Entity, Primary Beneficiary | MT6015
Variable Interest Entities [Abstract]
Vessel purchase commitment								$ 75,000,000
Impairment charges on investments				$ 7,450,000
Variable Interest Entity, Primary Beneficiary | Delaware River Partners LLC
Variable Interest Entities [Abstract]
Ownership percentage	90.00%
Variable Interest Entity, Primary Beneficiary | Ohio River Partners
Variable Interest Entities [Abstract]
Ownership percentage									100.00%
JGP Energy Partners LLC
Variable Interest Entities [Abstract]
Interest held in VIE, as a percentage			50.00%
Ownership of other party, percentage			50.00%
Equity method investment contribution amount			$ 54,000,000
Ownership percentage		50.00%			50.00%		50.00%
JGP Energy Partners LLC | FIG
Variable Interest Entities [Abstract]
Equity method investment contribution amount			$ 27,000,000
Repauno
Variable Interest Entities [Abstract]
Payment obligation, noncontrolling interest	$ 5,321,000,000

LEASING EQUIPMENT, NET (Details

LEASING EQUIPMENT, NET (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)aircraftaircraft_enginecommercial_jet_engine	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Leases [Abstract]
Leasing equipment	$ 1,055,548		$ 1,055,548		$ 849,565
Less: accumulated depreciation	(126,184)		(126,184)		(84,110)
Leasing equipment, net	929,364		$ 929,364		$ 765,455
Number of aircraft acquired | aircraft			17
Commercial jet engines acquired | commercial_jet_engine			50
Number of aircraft sold | aircraft			5
Commercial engines sold | aircraft_engine			13
Depreciation expense for leasing equipment	$ 19,792	$ 11,322	$ 48,934	$ 31,065

FINANCE LEASES, NET - Summary (

FINANCE LEASES, NET - Summary (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Leases [Abstract]
Finance leases	$ 16,521	$ 18,022
Unearned revenue	(7,151)	(8,305)
Finance leases, net	$ 9,370	$ 9,717

PROPERTY, PLANT AND EQUIPMENT43

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 497,966	$ 375,350
Less: accumulated depreciation	(36,413)	(26,002)
Property, plant and equipment, net	464,399	352,181
Land, site improvements and rights
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	74,270	57,617
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	114,844	49,605
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	9,763	2,750
Terminal machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	262,212	236,652
Track and track related assets
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	27,977	22,948
Railroad equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,037	1,091
Railcars and locomotives
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,114	2,909
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,034	388
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	544	405
Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,171	985
Spare parts
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,846	$ 2,833

FINANCE LEASES, NET - Future Mi

FINANCE LEASES, NET - Future Minimum Payments Receivable (Details) $ in Thousands	Sep. 30, 2017USD ($)
Leases [Abstract]
2,017	$ 507
2,018	2,008
2,019	2,008
2,020	2,013
2,021	2,008
Thereafter	7,977
Total	$ 16,521

PROPERTY, PLANT AND EQUIPMENT45

PROPERTY, PLANT AND EQUIPMENT, NET - Narrative (Details) - USD ($) $ in Thousands	Jun. 16, 2017	Sep. 30, 2017	Sep. 30, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment acquired		$ 122,737
Railroad, Vehicles, Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Disposals of railroad equipment		$ 108	$ 125
Hannibal
Property, Plant and Equipment [Line Items]
Property, plant and equipment acquired	$ 30,000
Acquisition costs	$ 2,335

PROPERTY, PLANT AND EQUIPMENT46

PROPERTY, PLANT AND EQUIPMENT, NET - Depreciation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Property, Plant and Equipment [Abstract]
Depreciation expense for property, plant and equipment	$ 4,092	$ 3,154	$ 10,749	$ 9,530

INVESTMENTS - Ownership Carryin

INVESTMENTS - Ownership Carrying Values (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Carrying Value	$ 67,792	$ 39,978
Listed security
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	2.00%
Carrying Value	$ 30,470	$ 17,630
Advanced Engine Repair JV
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	25.00%	25.00%
Carrying Value	$ 13,954	$ 15,000
JGP Energy Partners LLC
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	50.00%	50.00%
Carrying Value	$ 19,741	$ 3,266
Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Ownership Percentage	51.00%
Carrying Value	$ 3,627	$ 4,082

INVESTMENTS - Available for Sal

INVESTMENTS - Available for Sale Securities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Available for Sale Securities [Roll Forward]
Available-for-sale securities, equity securities	$ 17,630
Purchases	8,332
Unrealized gain	4,508
Available-for-sale securities, equity securities	30,470
Cost	$ 18,833

INVESTMENTS - Narrative (Detail

INVESTMENTS - Narrative (Details) shipping_container in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)shipping_containercustomer	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)shipping_containercustomer	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 67,792		$ 67,792		$ 39,978
Equity in earnings (losses) of unconsolidated entities	132	$ (1,161)	(1,461)	$ (1,335)
Advanced Engine Repair JV
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 13,954		$ 13,954		$ 15,000
Ownership percentage	25.00%		25.00%		25.00%
JGP Energy Partners LLC
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 19,741		$ 19,741		$ 3,266
Ownership percentage	50.00%		50.00%		50.00%
Equity in earnings (losses) of unconsolidated entities	$ (24)		$ (99)
Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Carrying value	$ 3,627		$ 3,627		$ 4,082
Ownership percentage	51.00%		51.00%
Equity in earnings (losses) of unconsolidated entities	$ 359	$ (1,161)	$ (316)	$ (1,335)
Number of customers | customer	5		5
Containers | Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Number of shipping containers | shipping_container	24		24
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	12		12
FIG | Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Ownership percentage						51.00%
Equity Investor | Intermodal Finance I, Ltd.
Schedule of Equity Method Investments [Line Items]
Ownership percentage						49.00%

INTANGIBLE ASSETS AND LIABILI50

INTANGIBLE ASSETS AND LIABILITIES, NET - Summarized Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Intangible assets:
Total intangible assets, net	$ 33,882	$ 38,954
Intangible liabilities:
Acquired unfavorable lease intangibles	2,440	1,506
Less: Accumulated amortization	(1,090)	(627)
Acquired unfavorable lease intangibles, net	1,350	879
Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	28,180	26,605
Accumulated amortization	(18,946)	(14,998)
Total	9,234	11,607
Customer relationships
Intangible assets:
Acquired finite-lived intangibles	35,738	35,738
Accumulated amortization	(11,090)	(8,391)
Total	24,648	27,347
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing
Intangible assets:
Total intangible assets, net	9,234	11,607
Intangible liabilities:
Acquired unfavorable lease intangibles	2,440	1,506
Less: Accumulated amortization	(1,090)	(627)
Acquired unfavorable lease intangibles, net	1,350	879
Reportable Subsegments | Operating Segments | Equipment Leasing | Aviation Leasing | Off-Market Favorable Lease
Intangible assets:
Acquired finite-lived intangibles	28,180	26,605
Accumulated amortization	(18,946)	(14,998)
Total	9,234	11,607
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	24,577	27,242
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	(10,936)	(8,271)
Total	24,577	27,242
Reportable Subsegments | Operating Segments | Infrastructure | Railroad
Intangible assets:
Total intangible assets, net	71	105
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	(154)	(120)
Total	$ 71	$ 105

INTANGIBLE ASSETS AND LIABILI51

INTANGIBLE ASSETS AND LIABILITIES, NET - Intangible Liabilities Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Total	$ 2,047	$ 2,303	$ 6,193	$ 7,256
Equipment leasing revenues | Lease intangibles
Finite-Lived Intangible Assets [Line Items]
Lease intangibles	1,147	1,403	3,494	4,557
Depreciation and amortization | Customer relationships
Finite-Lived Intangible Assets [Line Items]
Customer relationships	$ 900	$ 900	$ 2,699	$ 2,699

INTANGIBLE ASSETS AND LIABILI52

INTANGIBLE ASSETS AND LIABILITIES, NET - Schedule of Future Amortization Expense (Details) $ in Thousands	Sep. 30, 2017USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 1,899
2,018	7,301
2,019	5,625
2,020	4,331
2,021	3,847
Thereafter	9,529
Total	$ 32,532

DEBT, NET - Schedule of Debt (D

DEBT, NET - Schedule of Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Debt, net	$ 655,580	$ 259,512
Long-term debt, gross	666,871	266,001
Less: Debt issuance costs	(11,291)	(6,489)
Total debt due within one year	6,233	8,078
Loans payable
Debt Instrument [Line Items]
Debt, net	132,393	73,562
Loans payable | FTAI Pride Credit Agreement
Debt Instrument [Line Items]
Debt, net	53,993	60,937
Loans payable | CMQR Credit Agreement
Debt Instrument [Line Items]
Debt, net	18,400	12,625
Bonds payable
Debt Instrument [Line Items]
Debt, net	534,478	190,087
Bonds payable | Series 2012 Bonds
Debt Instrument [Line Items]
Debt, net	44,419	45,887
Unamortized premium	1,654	1,697
Bonds payable | Series 2016 Bonds
Debt Instrument [Line Items]
Long-term debt, gross	144,200	144,200
Bonds payable | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	345,859	0
Unamortized premium	6,826	2,686
Note payable to non-controlling interest
Debt Instrument [Line Items]
Debt, net	0	2,352
Note payable to non-controlling interest | Note payable to non-controlling interest
Debt Instrument [Line Items]
Debt, net	0	2,352
Revolving Credit Facility | Loans payable
Debt Instrument [Line Items]
Debt, net	$ 60,000	$ 0

DEBT, NET - Narrative (Details)

DEBT, NET - Narrative (Details)

Aug. 23, 2017USD ($)

Jun. 16, 2017USD ($)

Mar. 15, 2017USD ($)

Jan. 23, 2017USD ($)

Sep. 15, 2014USD ($)

Aug. 01, 2012USD ($)

Jun. 30, 2017USD ($)

May 31, 2013USD ($)

Sep. 30, 2017USD ($)

Dec. 31, 2016USD ($)

Sep. 30, 2016USD ($)

Mar. 31, 2016USD ($)

Dec. 31, 2014USD ($)

Sep. 30, 2017USD ($)

Sep. 30, 2016USD ($)

Dec. 31, 2014

Sep. 26, 2017

Mar. 07, 2016USD ($)

Aug. 27, 2014USD ($)

Debt Instrument [Line Items]

Gain (loss) on extinguishment of debt

$ 0

$ 0

$ (2,456,000)

$ (1,579,000)

Stated percentage

2.75%

Extension period

1 year

Amortization of debt discount

$ 250,000

Ratio of indebtedness to net capital

3

3

Debt to equity ratio

1.65

Debt, net

$ 655,580,000

$ 259,512,000

$ 655,580,000

Eurodollar

Debt Instrument [Line Items]

Stated percentage

3.75%

Loans payable

Debt Instrument [Line Items]

Debt, net

132,393,000

73,562,000

132,393,000

Loans payable | FTAI Pride Credit Agreement

Debt Instrument [Line Items]

Debt, net

53,993,000

60,937,000

53,993,000

Loans payable | CMQR Credit Agreement

Debt Instrument [Line Items]

Callable debt

29,000,000

29,000,000

Debt, net

18,400,000

12,625,000

18,400,000

Loans payable | Jefferson Terminal Credit Agreement

Debt Instrument [Line Items]

Gain (loss) on extinguishment of debt

$ 1,579,000

Bonds payable

Debt Instrument [Line Items]

Debt, net

534,478,000

190,087,000

534,478,000

Bonds payable | Series 2012 Bonds

Debt Instrument [Line Items]

Unamortized premium

1,654,000

1,697,000

1,654,000

Service coverage ratio

1.25

1.25

Debt, net

44,419,000

45,887,000

44,419,000

Bonds payable | Series 2016 Bonds

Debt Instrument [Line Items]

Debt instrument, face amount

$ 144,200,000

Bonds payable | Senior Notes

Debt Instrument [Line Items]

Debt instrument, face amount

$ 100,000

$ 250,000,000

$ 100,000,000

Stated percentage

6.75%

Unamortized premium

6,826,000

2,686,000

6,826,000

Redemption price, rate

102.75%

100.00%

Redemption price, rate, in three years

105.063%

Redemption amount available

40.00%

Redemption price, condition one

106.75%

Note payable to non-controlling interest

Debt Instrument [Line Items]

Debt, net

0

2,352,000

0

Note payable to non-controlling interest | Note payable to non-controlling interest

Debt Instrument [Line Items]

Debt, net

0

2,352,000

$ 0

Ownership interest by LLC

85.00%

Remaining non-controlling interest

15.00%

15.00%

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

Fixed charge coverage ratio

1.15

1.15

Evaluation period

12 months

Subsidiary | Loans payable | FTAI Pride Credit Agreement | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread

4.50%

Subsidiary | Loans payable | Jefferson Terminal Credit Agreement

Debt Instrument [Line Items]

Debt instrument, face amount

$ 100,000,000

Debt instrument, periodic payment

1,250,000

$ 250,000

Subsidiary | Note payable to non-controlling interest | Note payable to non-controlling interest

Debt Instrument [Line Items]

Debt instrument, face amount

$ 18,275,000

Gain (loss) on extinguishment of debt

$ 1,093,000

Stated percentage

5.00%

Jefferson Terminal | Bonds payable | Series 2012 Bonds

Debt Instrument [Line Items]

Debt instrument, face amount

$ 46,875,000

Period of interest reserve

6 months

Stated percentage

8.25%

Jefferson Terminal | Bonds payable | Series 2016 Bonds

Debt Instrument [Line Items]

Stated percentage

7.25%

Fee amount

$ 6,873,000

Minimum | Loans payable | CMQR Credit Agreement

Debt Instrument [Line Items]

Debt instrument, face amount

$ 20,000,000

Minimum | Loans payable | CMQR Credit Agreement | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread

2.50%

Minimum | Loans payable | CMQR Credit Agreement | Base Rate

Debt Instrument [Line Items]

Basis spread

1.50%

Minimum | Loans payable | CMQR Credit Agreement | Canadian Fixed Rate

Debt Instrument [Line Items]

Basis spread

2.50%

Maximum | Loans payable | CMQR Credit Agreement

Debt Instrument [Line Items]

Debt instrument, face amount

$ 25,000,000

Maximum | Loans payable | CMQR Credit Agreement | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread

4.50%

Maximum | Loans payable | CMQR Credit Agreement | Base Rate

Debt Instrument [Line Items]

Basis spread

3.50%

Maximum | Loans payable | CMQR Credit Agreement | Canadian Fixed Rate

Debt Instrument [Line Items]

Basis spread

4.50%

Weighted average interest rate

3.61%

3.61%

Jefferson Terminal | Bonds payable | Series 2012 Bonds

Debt Instrument [Line Items]

Tendered bonds

48,554,000

Unamortized premium

$ 1,823,000

Principal Owner | Subsidiary | Note payable to non-controlling interest | Note payable to non-controlling interest

Debt Instrument [Line Items]

Debt instrument, face amount

$ 3,225,000

Co-venturer

Debt Instrument [Line Items]

Notes receivable, fair value disclosure

3,725,000

Revolving Credit Facility

Debt Instrument [Line Items]

Line of credit, maximum borrowing capacity

$ 75,000

Quarterly commitment fee rate

0.50%

Revolving Credit Facility | Eurodollar

Debt Instrument [Line Items]

Basis spread

2.00%

Revolving Credit Facility | Adjusted Eurodollar Rate

Debt Instrument [Line Items]

Basis spread

3.00%

Revolving Credit Facility | Loans payable

Debt Instrument [Line Items]

Debt, net

$ 60,000,000

$ 0

$ 60,000,000

FTAI | Revolving Credit Facility

Debt Instrument [Line Items]

Line of credit, maximum borrowing capacity

$ 25,000

FAIR VALUE MEASUREMENTS - Finan

FAIR VALUE MEASUREMENTS - Financial Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Available-for-sale securities	$ 30,470	$ 17,630
Recurring
Assets
Total	243,285	151,126
Recurring | Market
Assets
Cash and cash equivalents	176,357	68,055
Restricted cash	36,458	65,441
Available-for-sale securities	30,470	17,630
Recurring | Level 1
Assets
Total	243,285	151,126
Recurring | Level 1 | Market
Assets
Cash and cash equivalents	176,357	68,055
Restricted cash	36,458	65,441
Available-for-sale securities	30,470	17,630
Recurring | Level 2
Assets
Total	0	0
Recurring | Level 2 | Market
Assets
Cash and cash equivalents	0	0
Restricted cash	0	0
Available-for-sale securities	0	0
Recurring | Level 3
Assets
Total	0	0
Recurring | Level 3 | Market
Assets
Cash and cash equivalents	0	0
Restricted cash	0	0
Available-for-sale securities	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, gross	$ 666,871,000	$ 266,001,000
Series 2012 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable	44,667,000	46,488,000
Series 2016 Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of bonds payable	$ 149,463,000	149,575,000
Co-venturer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes receivable, fair value disclosure		$ 3,725,000
Co-venturer | Subsidiary
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Note receivable			$ 3,725,000
Commercial Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable interest rate	10.00%	12.00%
Notes receivable, fair value disclosure	$ 0	$ 17,935,000
Bonds payable | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, gross	$ 345,859,000	$ 0

REVENUES - Components of Revenu

REVENUES - Components of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues
Total revenues	$ 60,362	$ 41,726	$ 156,229	$ 106,374
Equipment Leasing
Revenues
Lease income	29,741	21,600	70,872	49,852
Maintenance revenue	17,533	7,646	46,778	19,037
Finance lease income	385	403	1,156	2,324
Other revenue	1,957	405	2,581	767
Total revenues	49,616	30,054	121,387	71,980
Infrastructure
Revenues
Lease income	455	16	594	16
Other revenue	303		303
Rail revenues	8,258	7,401	24,323	23,107
Terminal services revenues	1,730	4,255	9,622	11,271
Total revenues	10,746	11,672	34,842	34,394
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	43,474	27,060	110,357	66,360
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	6,117	2,969	10,955	4,433
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25	25	75	1,187
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	1,730	4,255	9,622	11,271
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	8,258	7,401	24,323	23,107
Operating Segments | Reportable Subsegments | Ports and Terminals
Revenues
Total revenues	758	16	897	16
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Lease income	25,941	19,039	63,577	46,636
Maintenance revenue	17,533	7,646	46,778	19,037
Finance lease income	0	0	0	0
Other revenue	0	375	2	687
Total revenues	43,474	27,060	110,357	66,360
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Lease income	3,800	2,561	7,295	3,216
Maintenance revenue	0	0	0	0
Finance lease income	385	403	1,156	1,212
Other revenue	1,932	5	2,504	5
Total revenues	6,117	2,969	10,955	4,433
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	0	0	1,112
Other revenue	25	25	75	75
Total revenues	25	25	75	1,187
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 | Equipment Leasing | Ports and Terminals
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	0	0	0
Rail revenues	0	0	0	0
Terminal services revenues	1,730	4,255	9,622	11,271
Total revenues	1,730	4,255	9,622	11,271
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Lease income	0	0	0	0
Rail revenues	8,258	7,401	24,323	23,107
Terminal services revenues	0	0	0	0
Total revenues	8,258	7,401	24,323	23,107
Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Revenues
Lease income	455	16	594	16
Other revenue	303		303
Rail revenues	0	0	0	0
Terminal services revenues	0	0	0	0
Total revenues	$ 758	$ 16	$ 897	$ 16

REVENUES - Minimum Future Annua

REVENUES - Minimum Future Annual Revenues (Details) $ in Thousands	Sep. 30, 2017USD ($)
Revenue Disclosure [Abstract]
2,017	$ 29,473
2,018	91,448
2,019	61,823
2,020	39,441
2,021	28,408
Thereafter	21,934
Total	$ 272,527

EQUITY-BASED COMPENSATION - Add

EQUITY-BASED COMPENSATION - Additional Information (Details)	1 Months Ended	9 Months Ended
	Aug. 31, 2017USD ($)shares	Sep. 30, 2017USD ($)trancheshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches | tranche		4
Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		31,430
Exprations (in shares)	1,250,000
Expired shares | $	$ 23,879
Restricted Shares | Employees of a subsidiary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value | $		$ 495,000
Vesting period		4 years
Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)		520,000
Grant date fair value | $		$ 894,000
Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares)		30,000,000
Minimum | Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		6 months
Maximum | Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		48 months

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, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	$ 165	$ 28	$ 695	$ (3,818)
Remaining expense to be recognized, if all vesting conditions are met	1,607		1,607
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	0	0	0	0
Remaining expense to be recognized, if all vesting conditions are met	0		$ 0
Weighted Average Remaining Contractual Term (in years)			7 years 7 months 22 days
Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	90	0	$ 228	(4,168)
Remaining expense to be recognized, if all vesting conditions are met	1,091		$ 1,091
Weighted Average Remaining Contractual Term (in years)			3 years 3 months 12 days
Common Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation	75	$ 28	$ 467	$ 350
Remaining expense to be recognized, if all vesting conditions are met	$ 516		$ 516
Weighted Average Remaining Contractual Term (in years)			2 years 22 days

INCOME TAXES - Components of In

INCOME TAXES - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Current:
Federal	$ 841	$ 43	$ 1,157	$ 205
State and local	58	9	106	49
Foreign	8	(218)	49	(192)
Total current provision	907	(166)	1,312	62
Deferred:
Federal	(14)	1	34	2
State and local	(18)	0	(18)	1
Foreign	34	248	257	130
Total deferred provision	2	249	273	133
Total provision for income taxes	$ 909	$ 83	$ 1,585	$ 195

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
U.S. federal tax at statutory rate	35.00%

MANAGEMENT AGREEMENT AND AFFI63

MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS (Details) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	May 31, 2015	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Related Party Transaction [Line Items]
Ownership percentage by manager	0.05%
Management fees and incentive allocation to affiliate		$ 3,771,000	$ 4,146,000	$ 11,529,000	$ 12,725,000
Net income (loss) attributable to non-controlling interest		$ (4,669,000)	(4,370,000)	$ (13,816,000)	(16,528,000)
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		$ 69,259,000		$ 69,259,000		$ 74,904,000
Net income (loss) attributable to non-controlling interest		2,163,000	1,762,000	$ 5,646,000	5,715,000
Manager | Management fees
Related Party Transaction [Line Items]
Management fee percentage rate				1.50%
Management fee payable		1,138,000		$ 1,138,000		1,697,000
Due from related party		0	0	0	0
Manager | Bond Purchase Agreement Guarantee Fees
Related Party Transaction [Line Items]
Amounts of transaction				1,740,000
General Partner | Post IPO Management Fees
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate		3,776,000	4,146,000	11,524,000	12,725,000
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		2,046,000	1,960,000	5,868,000	5,361,000
General Partner | Acquisition and Transaction Expenses
Related Party Transaction [Line Items]
Management fees and incentive allocation to affiliate		1,507,000	$ 990,000	4,220,000	$ 3,017,000
Accounts Payable and Accrued Liabilities | Manager
Related Party Transaction [Line Items]
Amounts payable to vendor		$ 1,224,000		$ 1,224,000		$ 1,347,000
Threshold 1 | Fortress Worldwide Transportation and Infrastructure Master GP LLP | Income Incentive Allocation
Related Party Transaction [Line Items]
Pre-incentive income allocation				0.00%
Quarterly percent threshold of pre-incentive allocation net income				2.00%
Annual percent threshold of pre-incentive allocation net income				8.00%
Threshold 2 | Fortress Worldwide Transportation and Infrastructure Master GP LLP | Income Incentive Allocation
Related Party Transaction [Line Items]
Pre-incentive income allocation				100.00%
Threshold 2 | Fortress Worldwide Transportation and Infrastructure Master GP LLP | Income Incentive Allocation | Minimum
Related Party Transaction [Line Items]
Quarterly percent threshold of pre-incentive allocation net income				2.00%
Threshold 2 | Fortress Worldwide Transportation and Infrastructure Master GP LLP | Income Incentive Allocation | Maximum
Related Party Transaction [Line Items]
Quarterly percent threshold of pre-incentive allocation net income				2.2223%
Threshold 3 | Fortress Worldwide Transportation and Infrastructure Master GP LLP | Income Incentive Allocation
Related Party Transaction [Line Items]
Pre-incentive income allocation				10.00%

SEGMENT INFORMATION - Narrative

SEGMENT INFORMATION - Narrative (Details)	9 Months Ended
	Sep. 30, 2017asegment
Segment Reporting Information [Line Items]
Number of reportable segments | segment	6
Repauno
Segment Reporting Information [Line Items]
Area of real estate	1,630
Hannibal
Segment Reporting Information [Line Items]
Area of real estate	1,660

SEGMENT INFORMATION - Statement

SEGMENT INFORMATION - Statement of Income by Segment (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues
Total revenues	$ 60,362,000	$ 41,726,000	$ 156,229,000	$ 106,374,000
Expenses
Operating expenses	23,688,000	17,028,000	66,025,000	48,937,000
General and administrative	3,439,000	3,205,000	10,615,000	9,154,000
Acquisition and transaction expenses	1,732,000	1,688,000	5,064,000	4,622,000
Management fees and incentive allocation to affiliate	3,771,000	4,146,000	11,529,000	12,725,000
Depreciation and amortization	24,784,000	15,376,000	62,382,000	43,294,000
Interest expense	8,914,000	5,416,000	21,292,000	15,839,000
Total expenses	66,328,000	46,859,000	176,907,000	134,571,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	132,000	(1,161,000)	(1,461,000)	(1,335,000)
Gain (loss) on sale of equipment, net	2,709,000	40,000	6,726,000	3,307,000
Loss on extinguishment of debt	0	0	(2,456,000)	(1,579,000)
Asset impairment	0	0	0	(7,450,000)
Interest income	215,000	206,000	582,000	87,000
Other income	2,148,000	485,000	2,180,000	583,000
Total other income (expense)	5,204,000	(430,000)	5,571,000	(6,387,000)
Loss before income taxes	(762,000)	(5,563,000)	(15,107,000)	(34,584,000)
Provision for income taxes	909,000	83,000	1,585,000	195,000
Net loss	(1,671,000)	(5,646,000)	(16,692,000)	(34,779,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,669,000)	(4,370,000)	(13,816,000)	(16,528,000)
Net income (loss) attributable to shareholders	2,998,000	(1,276,000)	(2,876,000)	(18,251,000)
Equipment Leasing
Revenues
Total revenues	49,616,000	30,054,000	121,387,000	71,980,000
Infrastructure
Revenues
Total revenues	10,746,000	11,672,000	34,842,000	34,394,000
Operating Segments | Reportable Subsegments | Aviation Leasing
Revenues
Total revenues	43,474,000	27,060,000	110,357,000	66,360,000
Expenses
Operating expenses	1,706,000	892,000	4,496,000	2,875,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	6,000	0	276,000	0
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	17,909,000	9,376,000	43,284,000	25,307,000
Interest expense	0	0	0	0
Total expenses	19,621,000	10,268,000	48,056,000	28,182,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	(203,000)	0	(1,046,000)	0
Gain (loss) on sale of equipment, net	2,871,000	0	6,932,000	2,717,000
Loss on extinguishment of debt	0	0	0	0
Asset impairment		0		0
Interest income	51,000	6,000	210,000	9,000
Other income	0	0	0	0
Total other income (expense)	2,719,000	6,000	6,096,000	2,726,000
Loss before income taxes	26,572,000	16,798,000	68,397,000	40,904,000
Provision for income taxes	927,000	100,000	1,598,000	188,000
Net loss	25,645,000	16,698,000	66,799,000	40,716,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	303,000	60,000	445,000	350,000
Net income (loss) attributable to shareholders	25,342,000	16,638,000	66,354,000	40,366,000
Operating Segments | Reportable Subsegments | Offshore Energy
Revenues
Total revenues	6,117,000	2,969,000	10,955,000	4,433,000
Expenses
Operating expenses	5,103,000	2,408,000	12,661,000	8,410,000
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	1,607,000	1,669,000	4,820,000	4,927,000
Interest expense	946,000	934,000	2,800,000	2,805,000
Total expenses	7,656,000	5,011,000	20,281,000	16,142,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain (loss) on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0	0	0	0
Asset impairment		0		(7,450,000)
Interest income	4,000	4,000	11,000	9,000
Other income	1,093,000	0	1,093,000	0
Total other income (expense)	1,097,000	4,000	1,104,000	(7,441,000)
Loss before income taxes	(442,000)	(2,038,000)	(8,222,000)	(19,150,000)
Provision for income taxes	(5,000)	0	0	0
Net loss	(437,000)	(2,038,000)	(8,222,000)	(19,150,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(62,000)	(131,000)	(526,000)	(4,289,000)
Net income (loss) attributable to shareholders	(375,000)	(1,907,000)	(7,696,000)	(14,861,000)
Operating Segments | Reportable Subsegments | Shipping Containers
Revenues
Total revenues	25,000	25,000	75,000	1,187,000
Expenses
Operating expenses	8,000	1,000	8,000	43,000
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	0	0	410,000
Total expenses	8,000	1,000	8,000	453,000
Other income (expense)
Gain (loss) on sale of equipment, net	0	0	0	304,000
Loss on extinguishment of debt	0	0	0	0
Asset impairment		0		0
Interest income	0	0	0	0
Other income	0	0	0	(2,000)
Total other income (expense)	359,000	(1,161,000)	(316,000)	(1,033,000)
Loss before income taxes	376,000	(1,137,000)	(249,000)	(299,000)
Provision for income taxes	(10,000)	(41,000)	(44,000)	(54,000)
Net loss	386,000	(1,096,000)	(205,000)	(245,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	0	0	0	0
Net income (loss) attributable to shareholders	386,000	(1,096,000)	(205,000)	(245,000)
Operating Segments | Reportable Subsegments | Jefferson Terminal
Revenues
Total revenues	1,730,000	4,255,000	9,622,000	11,271,000
Expenses
Operating expenses	7,039,000	6,796,000	21,919,000	16,182,000
General and administrative	0	0	0	0
Acquisition and transaction expenses	0	109,000	0	400,000
Management fees and incentive allocation to affiliate	0	0	0	0
Depreciation and amortization	3,978,000	3,920,000	11,885,000	11,589,000
Interest expense	1,408,000	4,016,000	4,283,000	11,804,000
Total expenses	12,425,000	14,841,000	38,087,000	39,975,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities		0		0
Gain (loss) on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0	0	0	(1,579,000)
Asset impairment		0		0
Interest income	160,000	196,000	361,000	69,000
Other income	1,055,000	485,000	1,087,000	585,000
Total other income (expense)	1,191,000	681,000	1,349,000	(925,000)
Loss before income taxes	(9,504,000)	(9,905,000)	(27,116,000)	(29,629,000)
Provision for income taxes	(3,000)	20,000	31,000	55,000
Net loss	(9,501,000)	(9,925,000)	(27,147,000)	(29,684,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(4,806,000)	(4,241,000)	(13,209,000)	(12,522,000)
Net income (loss) attributable to shareholders	(4,695,000)	(5,684,000)	(13,938,000)	(17,162,000)
Operating Segments | Reportable Subsegments | Railroad
Revenues
Total revenues	8,258,000	7,401,000	24,323,000	23,107,000
Expenses
Operating expenses	6,980,000	6,514,000	22,431,000	21,004,000
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	507,000	411,000	1,525,000	1,471,000
Interest expense	264,000	182,000	710,000	536,000
Total expenses	7,751,000	7,107,000	24,666,000	23,011,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain (loss) on sale of equipment, net	(162,000)	40,000	(206,000)	286,000
Loss on extinguishment of debt	0	0	0	0
Asset impairment		0		0
Interest income	0	0	0	0
Other income	0	0	0	0
Total other income (expense)	(162,000)	40,000	(206,000)	286,000
Loss before income taxes	345,000	334,000	(549,000)	382,000
Provision for income taxes	0	0	0	0
Net loss	345,000	334,000	(549,000)	382,000
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	(104,000)	14,000	(43,000)	11,000
Net income (loss) attributable to shareholders	449,000	320,000	(506,000)	371,000
Operating Segments | Reportable Subsegments | Ports and Terminals
Revenues
Total revenues	758,000	16,000	897,000	16,000
Expenses
Operating expenses	2,852,000	417,000	4,510,000	417,000
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	783,000	0	868,000	0
Interest expense	273,000	284,000	817,000	284,000
Total expenses	3,908,000	701,000	6,195,000	701,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain (loss) on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0	0	0	0
Asset impairment		0		0
Interest income	0	0	0	0
Other income	0	0	0	0
Total other income (expense)	0	0	0	0
Loss before income taxes	(3,150,000)	(685,000)	(5,298,000)	(685,000)
Provision for income taxes	0	4,000	0	5,000
Net loss	(3,150,000)	(689,000)	(5,298,000)	(690,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	0	(69,000)	(483,000)	(69,000)
Net income (loss) attributable to shareholders	(3,150,000)	(620,000)	(4,815,000)	(621,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Revenues
Total revenues	43,474,000	27,060,000	110,357,000	66,360,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Revenues
Total revenues	6,117,000	2,969,000	10,955,000	4,433,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Revenues
Total revenues	25,000	25,000	75,000	1,187,000
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 | Equipment Leasing | Ports and Terminals
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	1,730,000	4,255,000	9,622,000	11,271,000
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Revenues
Total revenues	8,258,000	7,401,000	24,323,000	23,107,000
Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Revenues
Total revenues	758,000	16,000	897,000	16,000
Corporate
Revenues
Total revenues	0	0	0	0
Expenses
Operating expenses	0	0	0	6,000
General and administrative	3,439,000	3,205,000	10,615,000	9,154,000
Acquisition and transaction expenses	1,726,000	1,579,000	4,788,000	4,222,000
Management fees and incentive allocation to affiliate	3,771,000	4,146,000	11,529,000	12,725,000
Depreciation and amortization	0	0	0	0
Interest expense	6,023,000	0	12,682,000	0
Total expenses	14,959,000	8,930,000	39,614,000	26,107,000
Other income (expense)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Gain (loss) on sale of equipment, net	0	0	0	0
Loss on extinguishment of debt	0	0	(2,456,000)	0
Asset impairment		0		0
Interest income	0	0	0	0
Other income	0	0	0	0
Total other income (expense)	0	0	(2,456,000)	0
Loss before income taxes	(14,959,000)	(8,930,000)	(42,070,000)	(26,107,000)
Provision for income taxes	0	0	0	1,000
Net loss	(14,959,000)	(8,930,000)	(42,070,000)	(26,108,000)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries	0	(3,000)	0	(9,000)
Net income (loss) attributable to shareholders	(14,959,000)	(8,927,000)	(42,070,000)	(26,099,000)
Corporate | Equipment Leasing
Revenues
Total revenues	0	0	0	0
Corporate | Infrastructure
Revenues
Total revenues	$ 0	$ 0	$ 0	$ 0

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted Net Income to Net Income (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	$ 3,837,000	$ 133,000	$ 4,214,000	$ (11,814,000)
Add: Non-controlling share of adjustments to Adjusted Net Income	447,000	170,000	503,000	2,891,000
Equity in earnings (losses) of unconsolidated entities	132,000	(1,161,000)	(1,461,000)	(1,335,000)
Add: Cash payments for income taxes	438,000	174,000	1,033,000	594,000
Less: Incentive allocations	0	0	0	0
Less: Pro-rata share of Adjusted Net Income from investments in unconsolidated entities	(86,000)	1,207,000	1,599,000	1,444,000
Less: Asset impairment charges	0	0	0	(7,450,000)
Less: Changes in fair value of non-hedge derivative instruments	1,036,000	0	1,036,000	(3,000)	$ 0
Less: Losses on the modification or extinguishment of debt and capital lease obligations	0	0	(2,456,000)	(1,579,000)
Less: Acquisition and transaction expenses	(1,732,000)	(1,688,000)	(5,064,000)	(4,622,000)
Less: Equity-based compensation expense	(165,000)	(28,000)	(695,000)	3,818,000
Less: Provision for income taxes	(909,000)	(83,000)	(1,585,000)	(195,000)
Net income (loss) attributable to shareholders	2,998,000	(1,276,000)	(2,876,000)	(18,251,000)
Operating Segments | Reportable Subsegments | Aviation Leasing
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	(203,000)	0	(1,046,000)	0
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	(6,000)	0	(276,000)	0
Less: Provision for income taxes	(927,000)	(100,000)	(1,598,000)	(188,000)
Net income (loss) attributable to shareholders	25,342,000	16,638,000	66,354,000	40,366,000
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges		0		(7,450,000)
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	5,000	0	0	0
Net income (loss) attributable to shareholders	(375,000)	(1,907,000)	(7,696,000)	(14,861,000)
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	10,000	41,000	44,000	54,000
Net income (loss) attributable to shareholders	386,000	(1,096,000)	(205,000)	(245,000)
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities		0		0
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	0	(109,000)	0	(400,000)
Less: Provision for income taxes	3,000	(20,000)	(31,000)	(55,000)
Net income (loss) attributable to shareholders	(4,695,000)	(5,684,000)	(13,938,000)	(17,162,000)
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	0	0	0	0
Net income (loss) attributable to shareholders	449,000	320,000	(506,000)	371,000
Operating Segments | Reportable Subsegments | Ports and Terminals
Segment Reporting Information [Line Items]
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	0	0	0	0
Less: Provision for income taxes	0	(4,000)	0	(5,000)
Net income (loss) attributable to shareholders	(3,150,000)	(620,000)	(4,815,000)	(621,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	26,274,000	16,564,000	68,227,000	40,016,000
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(380,000)	(1,907,000)	(7,696,000)	(11,136,000)
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	330,000	(1,183,000)	(387,000)	(405,000)
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(6,081,000)	(5,719,000)	(15,269,000)	(18,495,000)
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	517,000	342,000	(67,000)	702,000
Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(3,150,000)	(616,000)	(4,815,000)	(621,000)
Corporate
Segment Reporting Information [Line Items]
Adjusted Net Income (Loss)	(13,673,000)	(7,348,000)	(35,779,000)	(21,875,000)
Equity in earnings (losses) of unconsolidated entities	0	0	0	0
Less: Asset impairment charges		0		0
Less: Acquisition and transaction expenses	(1,726,000)	(1,579,000)	(4,788,000)	(4,222,000)
Less: Provision for income taxes	0	0	0	(1,000)
Net income (loss) attributable to shareholders	$ (14,959,000)	$ (8,927,000)	$ (42,070,000)	$ (26,099,000)

SEGMENT INFORMATION - Summary o

SEGMENT INFORMATION - Summary of Geographic Sources of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Total revenues	$ 60,362	$ 41,726	$ 156,229	$ 106,374
Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	49,616	30,054	121,387	71,980
Infrastructure
Segment Reporting Information [Line Items]
Total revenues	10,746	11,672	34,842	34,394
Operating Segments | Reportable Subsegments | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	43,474	27,060	110,357	66,360
Operating Segments | Reportable Subsegments | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	6,117	2,969	10,955	4,433
Operating Segments | Reportable Subsegments | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	25	75	1,187
Operating Segments | Reportable Subsegments | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	1,730	4,255	9,622	11,271
Operating Segments | Reportable Subsegments | Railroad
Segment Reporting Information [Line Items]
Total revenues	8,258	7,401	24,323	23,107
Operating Segments | Reportable Subsegments | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	758	16	897	16
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	43,474	27,060	110,357	66,360
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	6,117	2,969	10,955	4,433
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	25	75	1,187
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 | Equipment Leasing | Ports and Terminals
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	1,730	4,255	9,622	11,271
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	8,258	7,401	24,323	23,107
Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	758	16	897	16
Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Equipment Leasing
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Infrastructure
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Africa
Segment Reporting Information [Line Items]
Total revenues	1,964	3,554	6,744	9,201
Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	1,964	3,554	6,744	9,201
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 | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Asia
Segment Reporting Information [Line Items]
Total revenues	7,662	14,179	33,939	34,496
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	6,094	11,589	29,207	30,665
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	1,543	2,565	4,657	2,973
Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	25	25	75	858
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 | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe
Segment Reporting Information [Line Items]
Total revenues	33,096	9,431	68,371	21,177
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	28,907	9,431	63,229	20,929
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	4,189	0	5,142	248
Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Europe | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
North America
Segment Reporting Information [Line Items]
Total revenues	17,640	14,167	46,470	40,127
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	6,509	2,091	10,472	4,192
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total revenues	385	404	1,156	1,212
North America | Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total revenues	0	0	0	329
North America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total revenues	1,730	4,255	9,622	11,271
North America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total revenues	8,258	7,401	24,323	23,107
North America | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total revenues	758	16	897	16
South America
Segment Reporting Information [Line Items]
Total revenues	0	395	705	1,373
South America | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total revenues	0	395	705	1,373
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 | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
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, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Total assets	$ 1,909,921	$ 1,547,312
Debt, net	655,580	259,512
Total liabilities	831,998	381,632
Equity
Non-controlling interest in equity of consolidated subsidiaries	97,210	111,868
Total equity	1,077,923	1,165,680
Total liabilities and equity	1,909,921	1,547,312
Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Total assets	792,335	625,680
Debt, net	0	0
Total liabilities	116,080	74,989
Equity
Non-controlling interest in equity of consolidated subsidiaries	3,040	1,334
Total equity	676,255	550,691
Total liabilities and equity	792,335	625,680
Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Total assets	231,152	220,544
Debt, net	53,531	62,655
Total liabilities	58,589	66,002
Equity
Non-controlling interest in equity of consolidated subsidiaries	0	3,325
Total equity	172,563	154,542
Total liabilities and equity	231,152	220,544
Operating Segments | Reportable Subsegments | Equipment Leasing | Shipping Containers
Segment Reporting Information [Line Items]
Total assets	4,090	4,333
Debt, net	0	0
Total liabilities	0	0
Equity
Non-controlling interest in equity of consolidated subsidiaries	0	0
Total equity	4,090	4,333
Total liabilities and equity	4,090	4,333
Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Total assets	557,833	534,638
Debt, net	184,526	184,702
Total liabilities	203,148	205,536
Equity
Non-controlling interest in equity of consolidated subsidiaries	91,106	104,087
Total equity	354,685	329,102
Total liabilities and equity	557,833	534,638
Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Total assets	49,318	40,428
Debt, net	18,034	12,155
Total liabilities	33,936	24,971
Equity
Non-controlling interest in equity of consolidated subsidiaries	2,540	2,114
Total equity	15,382	15,457
Total liabilities and equity	49,318	40,428
Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Total assets	110,679	63,331
Debt, net	0	0
Total liabilities	16,588	6,287
Equity
Non-controlling interest in equity of consolidated subsidiaries	0	483
Total equity	94,091	57,044
Total liabilities and equity	110,679	63,331
Corporate
Segment Reporting Information [Line Items]
Total assets	164,514	58,358
Debt, net	399,489	0
Total liabilities	403,657	3,847
Equity
Non-controlling interest in equity of consolidated subsidiaries	524	525
Total equity	(239,143)	54,511
Total liabilities and equity	$ 164,514	$ 58,358

SEGMENT INFORMATION - Location

SEGMENT INFORMATION - Location of Long-Lived Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	$ 929,364	$ 765,455
Property, plant and equipment and leasing equipment, net
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	1,393,763	1,117,636
Property, plant and equipment and leasing equipment, net | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	723,843	554,282
Property, plant and equipment and leasing equipment, net | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	164,678	169,499
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	365,016	319,503
Property, plant and equipment and leasing equipment, net | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	35,593	29,866
Property, plant and equipment and leasing equipment, net | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	104,633	44,486
Property, plant and equipment and leasing equipment, net | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Africa
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	38,926	51,136
Property, plant and equipment and leasing equipment, net | Africa | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	38,926	51,136
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | Africa | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Africa | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Asia
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	317,264	382,134
Property, plant and equipment and leasing equipment, net | Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	280,554	212,635
Property, plant and equipment and leasing equipment, net | Asia | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	36,710	169,499
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | Asia | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Asia | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Europe
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	397,416	225,934
Property, plant and equipment and leasing equipment, net | Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Aviation Leasing
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	269,448	225,934
Property, plant and equipment and leasing equipment, net | Europe | Operating Segments | Reportable Subsegments | Equipment Leasing | Offshore Energy
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	127,968	0
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | Europe | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | Europe | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | North America
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	632,842	450,311
Property, plant and equipment and leasing equipment, net | 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	127,600	56,456
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | North America | Operating Segments | Reportable Subsegments | Infrastructure | Jefferson Terminal
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	365,016	319,503
Property, plant and equipment and leasing equipment, net | North America | Operating Segments | Reportable Subsegments | Infrastructure | Railroad
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	35,593	29,866
Property, plant and equipment and leasing equipment, net | North America | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	104,633	44,486
Property, plant and equipment and leasing equipment, net | North America | Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | South America
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	7,315	8,121
Property, plant and equipment and leasing equipment, net | 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	7,315	8,121
Property, plant and equipment and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | 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 and leasing equipment, net | South America | Operating Segments | Reportable Subsegments | Infrastructure | Ports and Terminals
Segment Reporting Information [Line Items]
Property, plant and equipment and equipment held for lease, net	0	0
Property, plant and equipment and leasing equipment, net | 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, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share [Abstract]
Net income (loss) attributable to shareholders	$ 2,998	$ (1,276)	$ (2,876)	$ (18,251)
Weighted Average Shares Outstanding - Basic (in shares)	75,770,529	75,746,200	75,765,144	75,734,587
Weighted Average Shares Outstanding - Diluted (in shares)	75,770,665	75,746,200	75,765,144	75,734,587
Basic EPS (in dollars per share)	$ 0.04	$ (0.02)	$ (0.04)	$ (0.24)
Diluted EPS (in dollars per share)	$ 0.04	$ (0.02)	$ (0.04)	$ (0.24)
Antidilutive shares excluded from the calculation of diluted EPS (in shares)		7,333,000	1,048,000	9,474,000

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Loss Contingencies [Line Items]
Rent expense	$ 1,235,000	$ 1,197,000	$ 3,755,000	$ 3,724,000
Minimum
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss	0		0
Maximum
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss	$ 6,580,000		6,580,000
Repauno
Loss Contingencies [Line Items]
Potential milestone payment			15,000,000
Hannibal
Loss Contingencies [Line Items]
Potential milestone payment			$ 5,000,000

COMMITMENTS AND CONTINGENCIES72

COMMITMENTS AND CONTINGENCIES - Minimum Future Rental Payments (Details) $ in Thousands	Sep. 30, 2017USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	$ 2,047
2,018	6,925
2,019	6,514
2,020	5,484
2,021	4,166
Thereafter	73,330
Total	$ 98,466

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)	Nov. 02, 2017	Oct. 03, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Subsequent Event [Line Items]
Common stock dividends declared (in dollars per share)			$ 0.33	$ 0.33	$ 0.99	$ 0.66
Subsequent Event
Subsequent Event [Line Items]
Repayments of lines of credit		$ 60,489,000
Line of credit		$ 0
Common stock dividends declared (in dollars per share)	$ 0.33