Neff 10-Q 29 Jul 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 21, 2016
Entity Information [Line Items]
Entity Registrant Name	Neff Corp
Entity Central Index Key	1,617,667
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		9,025,714
Common Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		14,951,625

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 263	$ 289	$ 225	$ 207
Accounts receivable, net of allowance for doubtful accounts of $1,929 in 2016 and $2,508 in 2015	61,994	70,328
Inventories	2,066	1,766
Rental equipment, net	488,388	457,470
Property and equipment, net	36,825	33,473
Prepaid expenses and other assets	16,213	14,488
Goodwill	60,644	60,599
Intangible assets, net	14,781	15,314
Total assets	681,174	653,727
Liabilities
Accounts payable	23,324	18,948
Accrued expenses and other liabilities	38,692	31,412
Revolving credit facility	269,700	253,600
Second lien loan, net of original issue discount	473,764	476,966
Payable pursuant to tax receivable agreement	29,809	29,133
Deferred tax liability, net	8,957	9,458
Total liabilities	844,246	819,517
Stockholders' deficit
Additional paid-in capital	(118,706)	(112,058)
Retained earnings	19,658	17,190
Total stockholders' deficit	(98,808)	(94,614)
Non-controlling interest	(64,264)	(71,176)
Total stockholders' deficit and non-controlling interest	(163,072)	(165,790)
Total liabilities and stockholders' deficit and non-controlling interest	681,174	653,727
Common Class A
Stockholders' deficit
Common stock	90	104
Common Class B
Stockholders' deficit
Common stock	$ 150	$ 150

UNAUDITED CONDENSED CONSOLIDAT3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts receivable, allowance for doubtful accounts	$ 1,929	$ 2,125
Common Class A
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued		10,476,190
Common stock, shares outstanding		10,476,190
Common Class B
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued		14,951,625
Common stock, shares outstanding		14,951,625
Neff Holdings LLC
Common Unit, Issued	23,977,339	25,332,406
Parent Company [Member] | Neff Holdings LLC | Common Class A
Common Unit, Issued	9,025,714	10,380,781
Noncontrolling Interest [Member] | Neff Holdings LLC | Common Class B
Common Unit, Issued	14,951,625	14,951,625

UNAUDITED CONDENSED CONSOLIDAT4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Rental revenues	$ 91,474	$ 84,820	$ 172,651	$ 158,961
Equipment sales	4,941	6,174	10,043	12,961
Parts and service	3,245	3,233	6,550	6,391
Total revenues	99,660	94,227	189,244	178,313
Cost of revenues
Cost of equipment sold	2,963	4,058	6,074	8,390
Depreciation of rental equipment	22,761	21,213	44,926	40,727
Cost of rental revenues	21,675	19,511	41,608	37,370
Cost of parts and service	1,799	1,807	3,604	3,570
Total cost of revenues	49,198	46,589	96,212	90,057
Gross profit	50,462	47,638	93,032	88,256
Other operating expenses
Selling, general and administrative expenses	23,387	22,468	47,909	44,758
Other depreciation and amortization	2,594	2,657	5,335	5,118
Total other operating expenses	25,981	25,125	53,244	49,876
Income from operations	24,481	22,513	39,788	38,380
Other expenses (income)
Interest expense	10,476	10,753	21,125	21,267
Adjustment to Tax Receivable Agreement	262	(3,408)	676	(2,887)
Loss (gain) on interest rate swap	1,828	(1,007)	6,482	(119)
Amortization of debt issue costs	370	381	765	752
Total other expenses (income)	12,936	6,719	29,048	19,013
Income before income taxes	11,545	15,794	10,740	19,367
Provision for income taxes	(1,606)	(1,100)	(1,222)	(1,345)
Net income	9,939	14,694	9,518	18,022
Less: net income attributable to non-controlling interest	7,319	7,275	7,050	9,674
Net income attributable to Neff Corporation	$ 2,620	$ 7,419	$ 2,468	$ 8,348
Common Class A
Net income attributable to Neff Corporation per share of Class A common stock (in dollars per share)
Basic	$ 0.29	$ 0.71	$ 0.25	$ 0.80
Diluted	$ 0.28	$ 0.62	$ 0.25	$ 0.69
Weighted average shares of Class A common stock outstanding (in shares)
Basic	9,158	10,482	9,755	10,479
Diluted	9,481	12,036	9,916	12,033

UNAUDITED CONDENSED CONSOLIDAT5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities
Net income	$ 9,518	$ 18,022
Depreciation	49,726	45,202
Amortization of debt issue costs	765	752
Amortization of intangible assets	535	643
Amortization of original issue discount	147	120
Gain on sale of equipment	(3,969)	(4,571)
Provision for bad debt	862	825
Equity-based compensation	1,098	674
Deferred income taxes	1,222	1,212
Adjustment to Tax Receivable Agreement	676	(2,887)
Unrealized loss (gain) on interest rate swap	6,183	(218)
Changes in operating assets and liabilities:
Accounts receivable	7,472	6,060
Inventories, prepaid expenses and other assets	(1,267)	(955)
Accounts payable	(324)	(2,271)
Accrued expenses and other liabilities	882	(1,905)
Net cash provided by operating activities	73,526	60,703
Cash Flows from Investing Activities
Purchases of rental equipment	(76,557)	(111,095)
Proceeds from sale of equipment	10,043	12,961
Purchases of property and equipment	(8,648)	(10,068)
Net cash used in investing activities	(75,162)	(108,202)
Cash Flows from Financing Activities
Repayments under revolving credit facility	(66,400)	(53,111)
Borrowings under revolving credit facility	82,500	100,911
Debt issue costs	(1,570)	0
Common stock repurchases	(9,433)	0
Second Lien Loan prepayment	(3,349)	0
Distribution to member	(138)	0
Payment of costs directly associated with the issuance of Class A common stock	0	(283)
Net cash provided by financing activities	1,610	47,517
Net (decrease) increase in cash and cash equivalents	(26)	18
Cash and cash equivalents, beginning of period	289	207
Cash and cash equivalents, end of period	263	225
Interest Paid	21,464	21,325
Proceeds from (Payment for) Settlement of Derivatives	299	99
Capital Expenditures Incurred but Not yet Paid	$ 24,368	$ 22,017

BUSINESS AND ORGANIZATION

BUSINESS AND ORGANIZATION	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BUSINESS AND ORGANIZATION	BUSINESS AND ORGANIZATION Neff Corporation was formed as a Delaware corporation on August 18, 2014. On November 26, 2014, Neff Corporation completed an initial public offering (the "IPO") of 10,476,190 shares of Class A common stock at a public offering price of $15.00 per share. A portion of the gross proceeds received by Neff Corporation from the IPO were used to purchase common membership units ("Common Units") in Neff Holdings LLC, ("Neff Holdings") which was wholly owned by private investment funds managed by Wayzata Investment Partners ("Wayzata") prior to the IPO. We refer to these transactions as the “Organizational Transactions”. Neff Corporation's only business is to act as the sole managing member of Neff Holdings. As a result, Neff Corporation consolidates Neff Holdings for all periods presented (see Supplemental Unaudited Condensed Consolidating Financial Statements). Neff Corporation and its consolidated subsidiaries, including Neff Holdings and Neff Holdings' subsidiaries, Neff LLC and Neff Rental LLC, are referred to as the "Company". The Company owns and operates equipment rental locations in the United States. The Company also sells used equipment, parts and merchandise and provides ongoing repair and maintenance services.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION Basis of Presentation The accompanying condensed consolidated financial statements are unaudited and have been prepared in conformity with accounting principles generally accepted in the United States (“US GAAP”) and the rules and regulations of the SEC. Certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with US GAAP have been condensed or omitted. The accompanying unaudited condensed consolidated financial statements are presented on a consolidated basis. All intercompany accounts and transactions have been eliminated. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all normal and recurring adjustments necessary to present fairly the Company’s balance sheets as of June 30, 2016 and December 31, 2015 , the results of its operations for the three and six months ended June 30, 2016 and 2015 and the cash flows for the six months ended June 30, 2016 and 2015 . Interim results may not be indicative of full year performance. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto in the 2015 10-K. Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company considers critical accounting estimates to be those that require more significant judgments in the preparation of the unaudited condensed consolidated financial statements including those related to depreciation, income taxes, self-insurance reserves, goodwill and intangible assets and amounts payable pursuant to the tax receivable agreement, as amended (Note 3) ("Tax Receivable Agreement"). Management relies on historical experience and other assumptions, believed to be reasonable under the circumstances, in making its judgments and estimates. Actual results could differ from those judgments and estimates. Goodwill and Intangible Assets Goodwill and trademarks and tradenames are reviewed at least annually for impairment. The Company conducts annual impairment tests on October 1 of each fiscal year or whenever an indicator of impairment exists. The customer list is amortized over its useful life (Note 5). The Company expenses costs to renew or extend the term of its recognized intangible assets. Segment Reporting The Company's operations consist of the rental and sale of equipment, and parts and services in five regions in the United States: Florida, Atlantic, Central, Southeastern and Western. The five regions are the Company's operating segments and are aggregated into one reportable segment because they rent similar products and have similar economic characteristics. The Company operates in the United States and had minimal international sales for each of the periods presented. NOTE 2—BASIS OF PRESENTATION (Continued) Comprehensive Income (Loss) The Company had no items of other comprehensive income (loss) in any of the periods presented. Recently Issued Accounting Pronouncements Under the Jumpstart Our Business Startups Act (the "JOBS Act"), the Company meets the definition of an emerging growth company. Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until such time as those standards apply to private companies. The Company has irrevocably elected to avail itself of this exemption from adopting new or revised accounting standards and, therefore, will not be subject to new or revised accounting standards until such time as those standards apply to private companies. There were no significant new accounting pronouncements that the Company adopted during the six months ended June 30, 2016 . In February 2016, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842), ("ASU 2016-02") to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This guidance is effective for private companies for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020 and requires application on a modified retrospective basis. The modified retrospective basis includes a number of optional practical expedients that entities may elect to apply. The Company expects to adopt this guidance when effective for private companies and is currently evaluating the impact of ASU 2016-02 on the Company's financial statements and disclosures.

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	6 Months Ended
	Jun. 30, 2016
Noncontrolling Interest [Abstract]
NON-CONTROLLING INTEREST	NON-CONTROLLING INTEREST Neff Corporation is the sole managing member of Neff Holdings. As a result, Neff Corporation operates and controls all of the business and affairs of Neff Holdings while owning a 37.6% minority economic interest in Neff Holdings. Neff Corporation consolidates the financial results of Neff Holdings and Neff Holdings' subsidiaries, Neff LLC and Neff Rental LLC, and records a non-controlling interest for the remaining 62.4% economic interest in Neff Holdings held by Wayzata. On a stand alone basis, Neff Corporation's only sources of cash flow from operations are distributions from Neff Holdings. Net income attributable to the non-controlling interest on the unaudited condensed consolidated statements of operations represents the portion of earnings attributable to the economic interest in Neff Holdings held by the non-controlling unitholders. The non-controlling interest on the unaudited condensed consolidated balance sheets represents the carryover basis of Wayzata's capital account in Neff Holdings. Non-controlling interest is adjusted to reflect the distributions to and income allocated to the non-controlling unitholders. The ownership of the Common Units is summarized as follows: Non-controlling ownership of Common Units in Neff Holdings Neff Corporation ownership of Common Units in Neff Holdings Total As of June 30, 2016 14,951,625 9,025,714 23,977,339 62.4 % 37.6 % 100.0 % Non-controlling ownership of Common Units in Neff Holdings Neff Corporation ownership of Common Units in Neff Holdings Total As of December 31, 2015 14,951,625 10,380,781 25,332,406 59.0 % 41.0 % 100.0 % The following table summarizes the activity in non-controlling interest from December 31, 2015 to June 30, 2016 (in thousands): Balance of non-controlling interest as of December 31, 2015 $ (71,176 ) Net income attributable to non-controlling interest 7,050 Distribution to member (138 ) Balance of non-controlling interest as of June 30, 2016 $ (64,264 ) NOTE 3—NON-CONTROLLING INTEREST (Continued) Distributions for Taxes As a limited liability company (treated as a partnership for income tax purposes), Neff Holdings does not incur significant federal or state and local income taxes, as these taxes are primarily the obligations of the members of Neff Holdings. As authorized by the Neff Holdings LLC agreement, Neff Holdings is required to distribute cash, generally, on a pro rata basis, to its members to the extent necessary to cover the members’ tax liabilities, if any, with respect to their share of Neff Holdings' earnings. During the six months ended June 30, 2016 , Neff Holdings' distributed $0.1 million for a tax liability attributable to a Wayzata fund. Payable Pursuant to the Tax Receivable Agreement As of June 30, 2016 , the Company recorded a liability of $29.8 million , representing the estimated payments due to Wayzata and certain members of management of Neff Holdings and certain non-executive members of its board of managers (collectively, the "Prior LLC Owners") under the Tax Receivable Agreement with the Prior LLC Owners as a result of the special allocation of depreciation and amortization deductions in excess of the pro rata share of such items. The liability as of June 30, 2016 increased by $0.7 million from December 31, 2015 , due to changes in estimated future payments as a result of the tax benefit Neff Corporation will obtain as a result of the special allocation of gain, to Wayzata, resulting from the sale of equipment that existed at the date of the IPO, in accordance with Section 704(c) of the Internal Revenue Code. The Company expects these changes from the special allocation of gain will likely occur quarterly. No amounts were paid pursuant to the terms of the Tax Receivable Agreement during the six months ended June 30, 2016 . Payments are anticipated to be made under the Tax Receivable Agreement when Neff Corporation utilizes a benefit. The payments are to be made in accordance with the terms of the Tax Receivable Agreement. The timing of the payments is subject to certain contingencies including Neff Corporation having sufficient taxable income to utilize the tax benefits defined in the Tax Receivable Agreement. Obligations pursuant to the Tax Receivable Agreement, are obligations of Neff Corporation and are not obligations of Neff Holdings. They do not impact the balance of non-controlling interest. These obligations are not income tax obligations and have no impact on the tax provision or the allocation of taxes. In general, items of income, gain, loss and deduction are allocated on the basis of members' respective ownership interests pursuant to the Neff Holdings LLC agreement after taking into consideration all relevant sections of the Internal Revenue Code.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period, including vested restricted stock units ("RSUs"). Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the dilutive effect of potential common shares outstanding during the period. For RSUs with performance-based vesting, no common equivalent shares are included in the computation of diluted earnings per share until the related performance criteria have been met. The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts): NOTE 4 - EARNINGS PER SHARE (Continued) For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 Numerator: Net income attributable to Neff Corporation $ 2,620 $ 7,419 $ 2,468 $ 8,348 Denominator for basic net income per share of Class A common stock: Weighted average shares of Class A common stock outstanding 9,158 10,482 9,755 10,479 Denominator for diluted net income per share of Class A common stock: Weighted average shares of Class A common stock outstanding, diluted 9,481 12,036 9,916 12,033 Earnings per share of Class A common stock: Net income attributable to Neff Corporation per share of Class A common stock, basic $ 0.29 $ 0.71 $ 0.25 $ 0.80 Net income attributable to Neff Corporation per share of Class A common stock, diluted $ 0.28 $ 0.62 $ 0.25 $ 0.69 Potentially dilutive stock options representing a total of 0.7 million shares of Class A common stock for the three and six months ended June 30, 2016 were excluded from the computation of diluted weighted average shares outstanding due to their anti-dilutive effect. In November 2015, the Company's board of directors authorized a share repurchase program pursuant to which the Company may purchase shares of its Class A common stock. Under the share repurchase program, the Company may acquire up to $25 million of shares of Class A common stock in open market and privately negotiated purchases from time to time, dependent on market conditions. During the six months ended June 30, 2016 , the Company repurchased 1,399,275 shares of Class A common stock for $9.4 million . At June 30, 2016 , there were approximately $14.7 million in remaining funds authorized under this program. See Part II, Item 2, Unregistered Sales of Equity Securities and Use of Proceeds, for additional information. The shares of Class B common stock outstanding do not participate in the earnings of Neff Corporation and are therefore not participating securities. Accordingly, basic and diluted net income per share of Class B common stock have not been presented.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	—INTANGIBLE ASSETS The carrying amount and accumulated amortization of intangible assets as of June 30, 2016 and December 31, 2015 , consisted of the following (in thousands, except as noted): June 30, 2016 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (10,060 ) 3,927 Total intangible assets $ 24,841 $ (10,060 ) $ 14,781 NOTE 5—INTANGIBLE ASSETS (Continued) December 31, 2015 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (9,527 ) 4,460 Total intangible assets $ 24,841 $ (9,527 ) $ 15,314 The customer list is amortized on an accelerated basis, based on estimated cash flows over the useful life of the customer list. Accumulated amortization and expected future annual amortization expense are as follows (in thousands): Accumulated amortization at June 30, 2016 $ 10,060 Estimated amortization expense for: Remainder of 2016 537 2017 877 2018 719 2019 589 2020 483 2021 through 2022 722 Total $ 13,987 Amortization expense related to the customer list was $0.3 million for the three months ended June 30, 2016 and 2015 . Amortization expense related to the customer list was $0.5 million and $0.6 million for the six months ended June 30, 2016 and 2015, respectively.

DEBT

DEBT	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
DEBT	DEBT Debt consisted of the following as of June 30, 2016 and December 31, 2015 (in thousands, except percent data): June 30, 2016 December 31, 2015 Revolving Credit Facility with interest ranging from the lender's prime rate plus up to 1.0% to LIBOR plus up to 2.0% (2.28% at June 30, 2016) $ 269,700 $ 253,600 Second Lien Loan with interest of LIBOR plus 6.25%, with 1.0% LIBOR floor, net of unamortized discount of $1,887 in 2016 and $2,034 in 2015 (7.25% at June 30, 2016) 473,764 476,966 Total indebtedness $ 743,464 $ 730,566 On February 25, 2016, Neff Holdings, Neff LLC and Neff Rental LLC (collectively, the “Credit Parties”), amended and restated the revolving credit facility (the “2016 Amendment and Restatement”). The 2016 Amendment and Restatement, among other things, increased total maximum borrowing capacity from $425.0 million to $475.0 million , extended the maturity from November 20, 2018 to February 25, 2021, increased the amount that the Company could request (but the lenders under the revolving credit agreement have no obligation to provide) from $25.0 million to $100.0 million of incremental revolving loan commitments, reduced applicable margins applicable to loans and other credit extensions, modified excess availability requirements relating to cash dominion, and modified certain baskets, thresholds and ratios, including the consolidated total leverage ratio. As of June 30, 2016 , Neff Rental LLC and Neff LLC (subsidiaries of Neff Holdings) had an outstanding balance of $269.7 million under the senior secured revolving credit facility (the "Revolving Credit Facility"). Neff Rental LLC had $475.7 million of the second lien term loans (the "Second Lien Loan") outstanding as of June 30, 2016 . NOTE 6—DEBT (Continued) Accumulated amortization at June 30, 2016 for debt issue costs was $4.5 million and $1.3 million for the Revolving Credit Facility and Second Lien Loan, respectively. Accumulated amortization at December 31, 2015 for debt issue costs was $4.1 million and $0.9 million for the Revolving Credit Facility and Second Lien Loan, respectively. The Revolving Credit Facility and the Second Lien Loan credit agreements contain various affirmative, negative and financial reporting covenants. The covenants, among other things, place restrictions on the Company’s ability to acquire and sell assets, incur additional indebtedness and prepay other indebtedness other than the Revolving Credit Facility. The Company is subject to certain financial covenants under its Revolving Credit Facility if availability declines below $47.5 million . The Company was in compliance with all financial covenants under the Revolving Credit Facility and the Second Lien Loan credit agreements as of June 30, 2016 . As of December 31, 2015, our total leverage ratio was 3.90 . Under the terms of the Second Lien Loan, if the total leverage ratio is equal to or less than 4.00 to 1.00 but greater than 3.00 to 1.00 at the end of each fiscal year, the Company must make a mandatory prepayment equal to 25% of its excess cash flow. A mandatory prepayment of $3.3 million was made for the year ended December 31, 2015, during March 2016. The Company will determine whether any mandatory prepayments need to be made for the fiscal year ending December 31, 2016, after year end. The Company had $3.9 million and $3.7 million in outstanding letters of credit at June 30, 2016 and December 31, 2015 , respectively, that were primarily associated with its insurance coverage. As of June 30, 2016 , total availability under the Revolving Credit Facility was $201.2 million .

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY-BASED COMPENSATION	EQUITY—BASED COMPENSATION On November 7, 2014, the Company's board of directors adopted the Neff Corporation 2014 Incentive Award Plan (the "2014 Incentive Plan") and reserved 1,500,000 shares of Class A common stock for issuance. The 2014 Incentive Plan became effective on November 7, 2014 and provides for the grant of options, restricted stock awards, performance awards, dividend equivalent awards, deferred stock awards, deferred stock unit awards, stock payment awards or stock appreciation rights to employees, consultants and directors of the Company. For the three months ended June 30, 2016 and 2015 , the Company recognized equity-based compensation expense of $0.3 million . For the six months ended June 30, 2016 and 2015 , the Company recognized equity-based compensation expense of $1.1 million and $0.7 million , respectively. Each Common Unit held by Wayzata or acquired by individuals upon exercise of existing options granted by Neff Holdings will be redeemable, at the election of such member, for, at Neff Corporation's option, newly issued shares of Neff Corporation's Class A common stock on a 1 -for-1 basis or for a cash payment equal to the market price of one share of Neff Corporation's Class A common stock. The following table summarizes equity-based compensation activity for the six months ended June 30, 2016 (in thousands): Neff Corporation Neff Holdings RSUs Options Options Balance as of January 1, 2016 243 696 1,265 Granted — — — Exercised (44 ) — — Forfeited — — — Balance as of June 30, 2016 199 696 1,265 Vested — 72 1,265 Unvested 199 624 — Total 199 696 1,265 At June 30, 2016 , there were 0.5 million additional shares of Class A common stock available for the Company to grant under the 2014 Incentive Plan.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS On March 24, 2015, the Company entered into an interest rate swap (the "Interest Rate Swap"), effectively converting a portion of its variable rate debt into fixed rate debt. The Interest Rate Swap is not accounted for as a hedge and changes in fair value are included directly in the unaudited condensed consolidated statement of operations. The Company adjusts the accrued swap asset or liability by the amount of the monthly net settlement as settlements are made. Under the terms of the Interest Rate Swap, a monthly net settlement is made on approximately the 8th of each month for the difference between the fixed rate (see the fixed rate schedule below) and the variable rate, based upon the one month LIBOR rate on the notional amount of the Interest Rate Swap. The Interest Rate Swap has a notional amount of $200.0 million through April 8, 2020. The fixed rate follows the schedule below: April 8, 2016 to April 9, 2017 1.1570 % April 10, 2017 to April 8, 2018 1.6810 % April 9, 2018 to April 7, 2019 1.9610 % April 8, 2019 to April 8, 2020 2.1430 % The Company's transactions in derivative financial instruments are authorized and executed pursuant to its regularly reviewed policies and procedures, which prohibit the use of derivative financial instruments for trading or speculative purposes. For the three months ended June 30, 2016 , the Company recognized a loss on the Interest Rate Swap of $1.8 million which consisted of $1.6 million of unrealized losses related to the change in fair value of the Interest Rate Swap and a $0.2 million realized loss for the settlement payments made. For the three months ended June 30, 2015 , the Company recognized a gain on the Interest Rate Swap of $1.0 million which consisted of $1.1 million of unrealized gains related to the change in fair value of the Interest Rate Swap and a $0.1 million realized loss for the settlement payments made. For the six months ended June 30, 2016 , the Company recognized a loss on the Interest Rate Swap of $6.5 million which consisted of $6.2 million of unrealized losses related to the change in fair value of the Interest Rate Swap and a $0.3 million related loss for the settlement payments made. For the six months ended June 30, 2015 , the Company recognized a gain on the Interest Rate Swap of $0.1 million which consisted of $0.2 million of unrealized gains related to the change in fair value of the Interest Rate Swap and a $0.1 million realized loss for the settlement payments made. The following tables provide details regarding the Company's derivative financial instruments (in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 Loss Recognized in Earnings (a) Gain Recognized in Earnings(a) Loss Recognized in Earnings (a) Gain Recognized in Earnings(a) Interest Rate Swap $ 1,828 $ 1,007 $ 6,482 $ 119 June 30, 2016 December 31, 2015 Fair Value of Derivative(b) Fair Value of Derivative(b) Interest Rate Swap (Note 9) $ 8,063 $ 1,880 (a) Classified in Other expenses (income) — Loss (gain) on interest rate swap (b) Classified in Liabilities — Accrued expenses and other liabilities

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Neff Corporation is required to file federal and applicable state corporate income tax returns and recognizes income taxes on its pre-tax income, which to date has consisted primarily of its share of Neff Holdings' pre-tax income. Neff Holdings is a limited liability company that is treated as a partnership for federal and state income tax purposes. Neff Holdings is not subject to income taxes for federal and state purposes. Rather, taxable income or loss is included in the respective federal and state income tax returns of Neff Holdings' members. The Company's estimated annual effective tax rate for the year ended December 31, 2016 is expected to be 15.6% before discrete items. The Company's consolidated effective tax rate for the six months ended June 30, 2016 , inclusive of discrete items is 11.4% . The 4.2% difference in these rates is primarily attributable to a benefit related to the special allocation of gain, to Wayzata, resulting from the sale of equipment that had a built in gain at the date of the IPO, in accordance with Section 704(c) of the Internal Revenue Code (Note 3) reduced by the deferred tax impact resulting from the reduction of Neff Corporation's interest in Neff Holdings.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURES The carrying amounts for accounts receivable, accounts payable and accrued expenses and other liabilities approximate fair value due to their immediate to short-term maturity. The fair value of the Revolving Credit Facility and the Second Lien Loan approximate carrying value as of June 30, 2016 and December 31, 2015 , as variable interest rates approximate market rates. The Company has classified these instruments in Level 2 of the fair value hierarchy as described below. NOTE 9—FAIR VALUE DISCLOSURES (Continued) The Company used the following methods to measure the fair value of certain assets and liabilities: Interest Rate Swap. The Interest Rate Swap is valued utilizing pricing models taking into account inputs such as interest rates and notional amounts. The FASB has established a framework for measuring fair value and requires that assets and liabilities measured at fair value be classified and disclosed in one of the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data Level 3: Unobservable inputs that are not corroborated by market data The following table provides fair value measurement information of the Company's financial liability measured on a recurring basis as of June 30, 2016 (in thousands): Fair Value Measurements Using: Quoted Prices in Active Markets Observable Inputs Unobservable Inputs (Level 1) (Level 2) (Level 3) Interest Rate Swap $ — $ 8,063 $ — There were no transfers into or out of Level 1, 2 or 3 during the six months ended June 30, 2016 and 2015 .

SUPPLEMENTAL CONSOLIDATING STAT

SUPPLEMENTAL CONSOLIDATING STATEMENTS	6 Months Ended
	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
SUPPLEMENTAL CONSOLIDATING STATEMENTS	NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation ASSETS Cash and cash equivalents $ 263 $ — $ — $ — $ — $ 263 Accounts receivable, net 61,994 — — — — 61,994 Inventories 2,066 — — — — 2,066 Rental equipment, net 488,388 — — — — 488,388 Property and equipment, net 36,825 — — — — 36,825 Prepaid expenses and other assets 16,213 — — — — 16,213 Goodwill 60,644 — — — — 60,644 Investment in subsidiary — 78,793 78,793 162,387 (319,973 ) — Intercompany 6,488 — — (6,488 ) — — Intangible assets, net 14,781 — — — — 14,781 Total assets $ 687,662 $ 78,793 $ 78,793 $ 155,899 $ (319,973 ) $ 681,174 LIABILITIES AND STOCKHOLDERS' DEFICIT / MEMBERS' DEFICIT Liabilities Accounts payable $ 23,324 $ — $ — $ — $ — $ 23,324 Accrued expenses and other liabilities 38,692 — — — — 38,692 Revolving credit facility 269,700 — — — — 269,700 Second lien loan, net 473,764 — — — — 473,764 Payable pursuant to tax receivable agreement — — — 29,809 — 29,809 Deferred tax liability, net — — — 8,957 — 8,957 Total liabilities $ 805,480 $ — $ — $ 38,766 $ — $ 844,246 Stockholders' deficit / members' deficit Class A Common Stock $ — $ — $ — $ 90 $ — $ 90 Class B Common Stock — — — 150 — 150 Additional paid-in capital — — — 27,437 (146,143 ) (118,706 ) Retained earnings — — — 19,658 — 19,658 Members' deficit (196,611 ) — — — 196,611 — Accumulated surplus 78,793 78,793 78,793 — (236,379 ) — Total stockholders' deficit / members' deficit (117,818 ) 78,793 78,793 47,335 (185,911 ) (98,808 ) Non-controlling interest — — — 69,798 (134,062 ) (64,264 ) Total stockholders' deficit / members' deficit and non-controlling interest (117,818 ) 78,793 78,793 117,133 (319,973 ) (163,072 ) Total liabilities and stockholders' deficit / members' deficit and non-controlling interest $ 687,662 $ 78,793 $ 78,793 $ 155,899 $ (319,973 ) $ 681,174 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2015 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation ASSETS Cash and cash equivalents $ 287 $ — $ — $ 2 $ — $ 289 Accounts receivable, net 70,328 — — — — 70,328 Inventories 1,766 — — — — 1,766 Rental equipment, net 457,470 — — — — 457,470 Property and equipment, net 33,473 — — — — 33,473 Prepaid expenses and other assets 14,488 — — — — 14,488 Goodwill 60,599 — — — — 60,599 Investment in subsidiary — 67,427 67,427 166,406 (301,260 ) — Intercompany 6,490 — — (6,490 ) — — Intangible assets, net 15,314 — — — — 15,314 Total assets $ 660,215 $ 67,427 $ 67,427 $ 159,918 $ (301,260 ) $ 653,727 LIABILITIES AND STOCKHOLDERS' DEFICIT / MEMBERS' DEFICIT Liabilities Accounts payable $ 18,948 $ — $ — $ — $ — $ 18,948 Accrued expenses and other liabilities 31,412 — — — — 31,412 Revolving credit facility 253,600 — — — — 253,600 Second lien loan, net 476,966 — — — — 476,966 Payable pursuant to tax receivable agreement — — — 29,133 — 29,133 Deferred tax liability, net — — — 9,458 — 9,458 Total liabilities $ 780,926 $ — $ — $ 38,591 $ — $ 819,517 Stockholders' deficit / members' deficit Class A Common Stock $ — $ — $ — $ 104 $ — $ 104 Class B Common Stock — — — 150 — 150 Additional paid-in capital — — — 34,085 (146,143 ) (112,058 ) Retained earnings — — — 17,190 — 17,190 Members' deficit (188,138 ) — — — 188,138 — Accumulated surplus 67,427 67,427 67,427 — (202,281 ) — Total stockholders' deficit / members' deficit (120,711 ) 67,427 67,427 51,529 (160,286 ) (94,614 ) Non-controlling interest — — — 69,798 (140,974 ) (71,176 ) Total stockholders' deficit / members' deficit and non-controlling interest (120,711 ) 67,427 67,427 121,327 (301,260 ) (165,790 ) Total liabilities and stockholders' deficit / members' deficit and non-controlling interest $ 660,215 $ 67,427 $ 67,427 $ 159,918 $ (301,260 ) $ 653,727 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 91,474 $ — $ — $ — $ — $ 91,474 Equipment sales 4,941 — — — — 4,941 Parts and service 3,245 — — — — 3,245 Total revenues 99,660 — — — — 99,660 Cost of revenues Cost of equipment sold 2,963 — — — — 2,963 Depreciation of rental equipment 22,761 — — — — 22,761 Cost of rental revenues 21,675 — — — — 21,675 Cost of parts and service 1,799 — — — — 1,799 Total cost of revenues 49,198 — — — — 49,198 Gross profit 50,462 — — — — 50,462 Other operating expenses Selling, general and administrative expenses 23,387 — — — — 23,387 Other depreciation and amortization 2,594 — — — — 2,594 Total other operating expenses 25,981 — — — — 25,981 Income from operations 24,481 — — — — 24,481 Other expenses Interest expense 10,476 — — — — 10,476 Adjustment to tax receivable agreement — — — 262 — 262 Loss on interest rate swap 1,828 — — — — 1,828 Amortization of debt issue costs 370 — — — — 370 Total other expenses 12,674 — — 262 — 12,936 Income (loss) before income taxes 11,807 — — (262 ) — 11,545 Equity earnings in subsidiaries — 11,757 11,757 4,438 (27,952 ) — Provision for income taxes (50 ) — — (1,556 ) — (1,606 ) Net income 11,757 11,757 11,757 2,620 (27,952 ) 9,939 Less: net income attributable to non-controlling interest — — 7,319 — — 7,319 Net income attributable to Neff Corporation $ 11,757 $ 11,757 $ 4,438 $ 2,620 $ (27,952 ) $ 2,620 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2015 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 84,820 $ — $ — $ — $ — $ 84,820 Equipment sales 6,174 — — — — 6,174 Parts and service 3,233 — — — — 3,233 Total revenues 94,227 — — — — 94,227 Cost of revenues Cost of equipment sold 4,058 — — — — 4,058 Depreciation of rental equipment 21,213 — — — — 21,213 Cost of rental revenues 19,511 — — — — 19,511 Cost of parts and service 1,807 — — — — 1,807 Total cost of revenues 46,589 — — — — 46,589 Gross profit 47,638 — — — — 47,638 Other operating expenses Selling, general and administrative expenses 22,468 — — — — 22,468 Other depreciation and amortization 2,657 — — — — 2,657 Total other operating expenses 25,125 — — — — 25,125 Income from operations 22,513 — — — — 22,513 Other expenses (income) Interest expense 10,753 — — — — 10,753 Adjustment to tax receivable agreement — — — (3,408 ) — (3,408 ) Gain on interest rate swap (1,007 ) — — — — (1,007 ) Amortization of debt issue costs 381 — — — — 381 Total other expenses (income) 10,127 — — (3,408 ) — 6,719 Income before income taxes 12,386 — — 3,408 — 15,794 Equity earnings in subsidiaries — 12,373 12,373 5,098 (29,844 ) — Provision for income taxes (13 ) — — (1,087 ) — (1,100 ) Net income 12,373 12,373 12,373 7,419 (29,844 ) 14,694 Less: net income attributable to non-controlling interest 7,275 7,275 7,275 — (14,550 ) 7,275 Net income attributable to Neff Corporation $ 5,098 $ 5,098 $ 5,098 $ 7,419 $ (15,294 ) $ 7,419 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 172,651 $ — $ — $ — $ — $ 172,651 Equipment sales 10,043 — — — — 10,043 Parts and service 6,550 — — — — 6,550 Total revenues 189,244 — — — — 189,244 Cost of revenues Cost of equipment sold 6,074 — — — — 6,074 Depreciation of rental equipment 44,926 — — — — 44,926 Cost of rental revenues 41,608 — — — — 41,608 Cost of parts and service 3,604 — — — — 3,604 Total cost of revenues 96,212 — — — — 96,212 Gross profit 93,032 — — — — 93,032 Other operating expenses Selling, general and administrative expenses 47,909 — — — — 47,909 Other depreciation and amortization 5,335 — — — — 5,335 Total other operating expenses 53,244 — — — — 53,244 Income from operations 39,788 — — — — 39,788 Other expenses Interest expense 21,125 — — — — 21,125 Adjustment to tax receivable agreement — — — 676 — 676 Loss on interest rate swap 6,482 — — — — 6,482 Amortization of debt issue costs 765 — — — — 765 Total other expenses 28,372 — — 676 — 29,048 Income (loss) before income taxes 11,416 — — (676 ) — 10,740 Equity earnings in subsidiaries — 11,366 11,366 4,316 (27,048 ) — Provision for income taxes (50 ) — — (1,172 ) — (1,222 ) Net income 11,366 11,366 11,366 2,468 (27,048 ) 9,518 Less: net income attributable to non-controlling interest — — 7,050 — — 7,050 Net income attributable to Neff Corporation $ 11,366 $ 11,366 $ 4,316 $ 2,468 $ (27,048 ) $ 2,468 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2015 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 158,961 $ — $ — $ — $ — $ 158,961 Equipment sales 12,961 — — — — 12,961 Parts and service 6,391 — — — — 6,391 Total revenues 178,313 — — — — 178,313 Cost of revenues Cost of equipment sold 8,390 — — — — 8,390 Depreciation of rental equipment 40,727 — — — — 40,727 Cost of rental revenues 37,370 — — — — 37,370 Cost of parts and service 3,570 — — — — 3,570 Total cost of revenues 90,057 — — — — 90,057 Gross profit 88,256 — — — — 88,256 Other operating expenses Selling, general and administrative expenses 44,758 — — — — 44,758 Other depreciation and amortization 5,118 — — — — 5,118 Total other operating expenses 49,876 — — — — 49,876 Income from operations 38,380 — — — — 38,380 Other expenses (income) Interest expense 21,267 — — — — 21,267 Adjustment to tax receivable agreement — — — (2,887 ) — (2,887 ) Gain on interest rate swap (119 ) — — — — (119 ) Amortization of debt issue costs 752 — — — — 752 Total other expenses (income) 21,900 — — (2,887 ) — 19,013 Income before income taxes 16,480 — — 2,887 — 19,367 Equity earnings in subsidiaries — 16,453 16,453 6,779 (39,685 ) — Provision for income taxes (27 ) — — (1,318 ) — (1,345 ) Net income 16,453 16,453 16,453 8,348 (39,685 ) 18,022 Less: net income attributable to non-controlling interest 9,674 9,674 9,674 — (19,348 ) 9,674 Net income attributable to Neff Corporation $ 6,779 $ 6,779 $ 6,779 $ 8,348 $ (20,337 ) $ 8,348 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Cash Flows from Operating Activities Net income $ 11,366 $ 11,366 $ 11,366 $ 2,468 $ (27,048 ) $ 9,518 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 49,726 — — — — 49,726 Amortization of debt issue costs 765 — — — — 765 Amortization of intangible assets 535 — — — — 535 Amortization of original issue discount 147 — — — — 147 Gain on sale of equipment (3,969 ) — — — — (3,969 ) Provision for bad debt 862 — — — — 862 Equity-based compensation 1,098 — — — — 1,098 Deferred income taxes 50 — — 1,172 — 1,222 Adjustment to tax receivable agreement — — — 676 — 676 Unrealized loss on interest rate swap 6,183 — — — — 6,183 Equity earnings in subsidiaries — (11,366 ) (11,366 ) (4,316 ) 27,048 — Changes in operating assets and liabilities: Accounts receivable 7,472 — — — — 7,472 Inventories, prepaid expenses and other assets (1,267 ) — — — — (1,267 ) Accounts payable (324 ) — — — — (324 ) Accrued expenses and other liabilities 882 — — — — 882 Net cash provided by operating activities 73,526 — — — — 73,526 Cash Flows from Investing Activities Purchases of rental equipment (76,557 ) — — — — (76,557 ) Proceeds from sale of equipment 10,043 — — — — 10,043 Purchases of property and equipment (8,648 ) — — — — (8,648 ) Net cash used in investing activities (75,162 ) — — — — (75,162 ) Cash Flows from Financing Activities Repayments under revolving credit facility (66,400 ) — — — — (66,400 ) Borrowings under revolving credit facility 82,500 — — — — 82,500 Debt issue costs (1,570 ) — — — — (1,570 ) Common stock repurchases — — — (9,433 ) — (9,433 ) Common unit sales/repurchases (9,433 ) — — 9,433 — — Second Lien Loan prepayment (3,349 ) — — — — (3,349 ) Distribution to member (138 ) — — — — (138 ) Intercompany 2 — — (2 ) — — Net cash provided by (used in) financing activities 1,612 — — (2 ) — 1,610 Net decrease in cash and cash equivalents (24 ) — — (2 ) — (26 ) Cash and cash equivalents, beginning of period 287 — — 2 — 289 Cash and cash equivalents, end of period $ 263 $ — $ — $ — $ — $ 263 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2015 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Cash Flows from Operating Activities Net income $ 16,453 $ 16,453 $ 16,453 $ 8,348 $ (39,685 ) $ 18,022 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation 45,202 — — — — 45,202 Amortization of debt issue costs 752 — — — — 752 Amortization of intangible assets 643 — — — — 643 Amortization of original issue discount 120 — — — — 120 Gain on sale of equipment (4,571 ) — — — — (4,571 ) Provision for bad debt 825 — — — — 825 Equity-based compensation 674 — — — — 674 Deferred income taxes — — — 1,212 — 1,212 Adjustment to tax receivable agreement — — — (2,887 ) — (2,887 ) Unrealized gain on interest rate swap (218 ) — — — — (218 ) Equity earnings in subsidiaries — (16,453 ) (16,453 ) (6,779 ) 39,685 — Changes in operating assets and liabilities: Accounts receivable 6,060 — — — — 6,060 Inventories, prepaid expenses and other assets (955 ) — — — — (955 ) Accounts payable (2,271 ) — — — — (2,271 ) Accrued expenses and other liabilities (2,010 ) — — 105 — (1,905 ) Net cash provided by (used in) operating activities 60,704 — — (1 ) — 60,703 Cash Flows from Investing Activities Purchases of rental equipment (111,095 ) — — — — (111,095 ) Proceeds from sale of equipment 12,961 — — — — 12,961 Purchases of property and equipment (10,068 ) — — — — (10,068 ) Net cash used in investing activities (108,202 ) — — — — (108,202 ) Cash Flows from Financing Activities Repayments under revolving credit facility (53,111 ) — — — — (53,111 ) Borrowings under revolving credit facility 100,911 — — — — 100,911 Payment of costs directly associated with the issuance of Class A common stock — — — (283 ) — (283 ) Intercompany (284 ) — — 284 — — Net cash provided by financing activities 47,516 — — 1 — 47,517 Net increase in cash and cash equivalents 18 — — — — 18 Cash and cash equivalents, beginning of period 205 — — 2 — 207 Cash and cash equivalents, end of period $ 223 $ — $ — $ 2 $ — $ 225

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Condensed Consolidated Financial Statements	The accompanying condensed consolidated financial statements are unaudited and have been prepared in conformity with accounting principles generally accepted in the United States (“US GAAP”) and the rules and regulations of the SEC. Certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with US GAAP have been condensed or omitted. The accompanying unaudited condensed consolidated financial statements are presented on a consolidated basis. All intercompany accounts and transactions have been eliminated. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all normal and recurring adjustments necessary to present fairly the Company’s balance sheets as of June 30, 2016 and December 31, 2015 , the results of its operations for the three and six months ended June 30, 2016 and 2015 and the cash flows for the six months ended June 30, 2016 and 2015 . Interim results may not be indicative of full year performance. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto in the 2015 10-K.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company considers critical accounting estimates to be those that require more significant judgments in the preparation of the unaudited condensed consolidated financial statements including those related to depreciation, income taxes, self-insurance reserves, goodwill and intangible assets and amounts payable pursuant to the tax receivable agreement, as amended (Note 3) ("Tax Receivable Agreement"). Management relies on historical experience and other assumptions, believed to be reasonable under the circumstances, in making its judgments and estimates. Actual results could differ from those judgments and estimates.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill and trademarks and tradenames are reviewed at least annually for impairment. The Company conducts annual impairment tests on October 1 of each fiscal year or whenever an indicator of impairment exists. The customer list is amortized over its useful life (Note 5). The Company expenses costs to renew or extend the term of its recognized intangible assets.
Segment Reporting	Segment Reporting The Company's operations consist of the rental and sale of equipment, and parts and services in five regions in the United States: Florida, Atlantic, Central, Southeastern and Western. The five regions are the Company's operating segments and are aggregated into one reportable segment because they rent similar products and have similar economic characteristics. The Company operates in the United States and had minimal international sales for each of the periods presented.
Comprehensive Income (Loss)	Comprehensive Income (Loss) The Company had no items of other comprehensive income (loss) in any of the periods presented.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Under the Jumpstart Our Business Startups Act (the "JOBS Act"), the Company meets the definition of an emerging growth company. Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until such time as those standards apply to private companies. The Company has irrevocably elected to avail itself of this exemption from adopting new or revised accounting standards and, therefore, will not be subject to new or revised accounting standards until such time as those standards apply to private companies. There were no significant new accounting pronouncements that the Company adopted during the six months ended June 30, 2016 . In February 2016, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842), ("ASU 2016-02") to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This guidance is effective for private companies for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020 and requires application on a modified retrospective basis. The modified retrospective basis includes a number of optional practical expedients that entities may elect to apply. The Company expects to adopt this guidance when effective for private companies and is currently evaluating the impact of ASU 2016-02 on the Company's financial statements and disclosures.

NON-CONTROLLING INTEREST - (Tab

NON-CONTROLLING INTEREST - (Tables)	6 Months Ended
	Jun. 30, 2016
Noncontrolling Interest [Abstract]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net	distributions to and income allocated to the non-controlling unitholders. The ownership of the Common Units is summarized as follows: Non-controlling ownership of Common Units in Neff Holdings Neff Corporation ownership of Common Units in Neff Holdings Total As of June 30, 2016 14,951,625 9,025,714 23,977,339 62.4 % 37.6 % 100.0 % Non-controlling ownership of Common Units in Neff Holdings Neff Corporation ownership of Common Units in Neff Holdings Total As of December 31, 2015 14,951,625 10,380,781 25,332,406 59.0 % 41.0 % 100.0 % The following table summarizes the activity in non-controlling interest from December 31, 2015 to June 30, 2016 (in thousands): Balance of non-controlling interest as of December 31, 2015 $ (71,176 ) Net income attributable to non-controlling interest 7,050 Distribution to member (138 ) Balance of non-controlling interest as of June 30, 2016 $ (64,264 )

EARNINGS PER SHARE - (Tables)

EARNINGS PER SHARE - (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts): NOTE 4 - EARNINGS PER SHARE (Continued) For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 Numerator: Net income attributable to Neff Corporation $ 2,620 $ 7,419 $ 2,468 $ 8,348 Denominator for basic net income per share of Class A common stock: Weighted average shares of Class A common stock outstanding 9,158 10,482 9,755 10,479 Denominator for diluted net income per share of Class A common stock: Weighted average shares of Class A common stock outstanding, diluted 9,481 12,036 9,916 12,033 Earnings per share of Class A common stock: Net income attributable to Neff Corporation per share of Class A common stock, basic $ 0.29 $ 0.71 $ 0.25 $ 0.80 Net income attributable to Neff Corporation per share of Class A common stock, diluted $ 0.28 $ 0.62 $ 0.25 $ 0.69

INTANGIBLE ASSETS - (Tables)

INTANGIBLE ASSETS - (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	NOTE 5—INTANGIBLE ASSETS The carrying amount and accumulated amortization of intangible assets as of June 30, 2016 and December 31, 2015 , consisted of the following (in thousands, except as noted): June 30, 2016 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (10,060 ) 3,927 Total intangible assets $ 24,841 $ (10,060 ) $ 14,781 NOTE 5—INTANGIBLE ASSETS (Continued) December 31, 2015 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (9,527 ) 4,460 Total intangible assets $ 24,841 $ (9,527 ) $ 15,314
Schedule of Indefinite-Lived Intangible Assets	NOTE 5—INTANGIBLE ASSETS The carrying amount and accumulated amortization of intangible assets as of June 30, 2016 and December 31, 2015 , consisted of the following (in thousands, except as noted): June 30, 2016 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (10,060 ) 3,927 Total intangible assets $ 24,841 $ (10,060 ) $ 14,781 NOTE 5—INTANGIBLE ASSETS (Continued) December 31, 2015 Average Gross Accumulated Net Indefinite life: Trademarks and tradenames N/A $ 10,854 $ — $ 10,854 Finite life: Customer list 12 13,987 (9,527 ) 4,460 Total intangible assets $ 24,841 $ (9,527 ) $ 15,314
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Accumulated amortization and expected future annual amortization expense are as follows (in thousands): Accumulated amortization at June 30, 2016 $ 10,060 Estimated amortization expense for: Remainder of 2016 537 2017 877 2018 719 2019 589 2020 483 2021 through 2022 722 Total $ 13,987

DEBT - (Tables)

DEBT - (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Debt consisted of the following as of June 30, 2016 and December 31, 2015 (in thousands, except percent data): June 30, 2016 December 31, 2015 Revolving Credit Facility with interest ranging from the lender's prime rate plus up to 1.0% to LIBOR plus up to 2.0% (2.28% at June 30, 2016) $ 269,700 $ 253,600 Second Lien Loan with interest of LIBOR plus 6.25%, with 1.0% LIBOR floor, net of unamortized discount of $1,887 in 2016 and $2,034 in 2015 (7.25% at June 30, 2016) 473,764 476,966 Total indebtedness $ 743,464 $ 730,566

EQUITY-BASED COMPENSATION - (Ta

EQUITY-BASED COMPENSATION - (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options and Restricted Stock Units, Activity	The following table summarizes equity-based compensation activity for the six months ended June 30, 2016 (in thousands): Neff Corporation Neff Holdings RSUs Options Options Balance as of January 1, 2016 243 696 1,265 Granted — — — Exercised (44 ) — — Forfeited — — — Balance as of June 30, 2016 199 696 1,265 Vested — 72 1,265 Unvested 199 624 — Total 199 696 1,265

DERIVATIVE FINANCIAL INSTRUME23

DERIVATIVE FINANCIAL INSTRUMENTS - (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives	The fixed rate follows the schedule below: April 8, 2016 to April 9, 2017 1.1570 % April 10, 2017 to April 8, 2018 1.6810 % April 9, 2018 to April 7, 2019 1.9610 % April 8, 2019 to April 8, 2020 2.1430 %
Reclassification out of Accumulated Other Comprehensive Income	The following tables provide details regarding the Company's derivative financial instruments (in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 Loss Recognized in Earnings (a) Gain Recognized in Earnings(a) Loss Recognized in Earnings (a) Gain Recognized in Earnings(a) Interest Rate Swap $ 1,828 $ 1,007 $ 6,482 $ 119 June 30, 2016 December 31, 2015 Fair Value of Derivative(b) Fair Value of Derivative(b) Interest Rate Swap (Note 9) $ 8,063 $ 1,880 (a) Classified in Other expenses (income) — Loss (gain) on interest rate swap (b) Classified in Liabilities —

FAIR VALUE DISCLOSURES - (Table

FAIR VALUE DISCLOSURES - (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Liabilities Measured on Recurring Basis	The following table provides fair value measurement information of the Company's financial liability measured on a recurring basis as of June 30, 2016 (in thousands): Fair Value Measurements Using: Quoted Prices in Active Markets Observable Inputs Unobservable Inputs (Level 1) (Level 2) (Level 3) Interest Rate Swap $ — $ 8,063 $ —

SUPPLEMENTAL CONSOLIDATING ST25

SUPPLEMENTAL CONSOLIDATING STATEMENTS (Tables)	6 Months Ended
	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation ASSETS Cash and cash equivalents $ 287 $ — $ — $ 2 $ — $ 289 Accounts receivable, net 70,328 — — — — 70,328 Inventories 1,766 — — — — 1,766 Rental equipment, net 457,470 — — — — 457,470 Property and equipment, net 33,473 — — — — 33,473 Prepaid expenses and other assets 14,488 — — — — 14,488 Goodwill 60,599 — — — — 60,599 Investment in subsidiary — 67,427 67,427 166,406 (301,260 ) — Intercompany 6,490 — — (6,490 ) — — Intangible assets, net 15,314 — — — — 15,314 Total assets $ 660,215 $ 67,427 $ 67,427 $ 159,918 $ (301,260 ) $ 653,727 LIABILITIES AND STOCKHOLDERS' DEFICIT / MEMBERS' DEFICIT Liabilities Accounts payable $ 18,948 $ — $ — $ — $ — $ 18,948 Accrued expenses and other liabilities 31,412 — — — — 31,412 Revolving credit facility 253,600 — — — — 253,600 Second lien loan, net 476,966 — — — — 476,966 Payable pursuant to tax receivable agreement — — — 29,133 — 29,133 Deferred tax liability, net — — — 9,458 — 9,458 Total liabilities $ 780,926 $ — $ — $ 38,591 $ — $ 819,517 Stockholders' deficit / members' deficit Class A Common Stock $ — $ — $ — $ 104 $ — $ 104 Class B Common Stock — — — 150 — 150 Additional paid-in capital — — — 34,085 (146,143 ) (112,058 ) Retained earnings — — — 17,190 — 17,190 Members' deficit (188,138 ) — — — 188,138 — Accumulated surplus 67,427 67,427 67,427 — (202,281 ) — Total stockholders' deficit / members' deficit (120,711 ) 67,427 67,427 51,529 (160,286 ) (94,614 ) Non-controlling interest — — — 69,798 (140,974 ) (71,176 ) Total stockholders' deficit / members' deficit and non-controlling interest (120,711 ) 67,427 67,427 121,327 (301,260 ) (165,790 ) Total liabilities and stockholders' deficit / members' deficit and non-controlling interest $ 660,215 $ 67,427 $ 67,427 $ 159,918 $ (301,260 ) $ 653,727 NEFF CORPORATION AND SUBSIDIARIES SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation ASSETS Cash and cash equivalents $ 263 $ — $ — $ — $ — $ 263 Accounts receivable, net 61,994 — — — — 61,994 Inventories 2,066 — — — — 2,066 Rental equipment, net 488,388 — — — — 488,388 Property and equipment, net 36,825 — — — — 36,825 Prepaid expenses and other assets 16,213 — — — — 16,213 Goodwill 60,644 — — — — 60,644 Investment in subsidiary — 78,793 78,793 162,387 (319,973 ) — Intercompany 6,488 — — (6,488 ) — — Intangible assets, net 14,781 — — — — 14,781 Total assets $ 687,662 $ 78,793 $ 78,793 $ 155,899 $ (319,973 ) $ 681,174 LIABILITIES AND STOCKHOLDERS' DEFICIT / MEMBERS' DEFICIT Liabilities Accounts payable $ 23,324 $ — $ — $ — $ — $ 23,324 Accrued expenses and other liabilities 38,692 — — — — 38,692 Revolving credit facility 269,700 — — — — 269,700 Second lien loan, net 473,764 — — — — 473,764 Payable pursuant to tax receivable agreement — — — 29,809 — 29,809 Deferred tax liability, net — — — 8,957 — 8,957 Total liabilities $ 805,480 $ — $ — $ 38,766 $ — $ 844,246 Stockholders' deficit / members' deficit Class A Common Stock $ — $ — $ — $ 90 $ — $ 90 Class B Common Stock — — — 150 — 150 Additional paid-in capital — — — 27,437 (146,143 ) (118,706 ) Retained earnings — — — 19,658 — 19,658 Members' deficit (196,611 ) — — — 196,611 — Accumulated surplus 78,793 78,793 78,793 — (236,379 ) — Total stockholders' deficit / members' deficit (117,818 ) 78,793 78,793 47,335 (185,911 ) (98,808 ) Non-controlling interest — — — 69,798 (134,062 ) (64,264 ) Total stockholders' deficit / members' deficit and non-controlling interest (117,818 ) 78,793 78,793 117,133 (319,973 ) (163,072 ) Total liabilities and stockholders' deficit / members' deficit and non-controlling interest $ 687,662 $ 78,793 $ 78,793 $ 155,899 $ (319,973 ) $ 681,174
Condensed Consolidating Statement of Operations	Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 158,961 $ — $ — $ — $ — $ 158,961 Equipment sales 12,961 — — — — 12,961 Parts and service 6,391 — — — — 6,391 Total revenues 178,313 — — — — 178,313 Cost of revenues Cost of equipment sold 8,390 — — — — 8,390 Depreciation of rental equipment 40,727 — — — — 40,727 Cost of rental revenues 37,370 — — — — 37,370 Cost of parts and service 3,570 — — — — 3,570 Total cost of revenues 90,057 — — — — 90,057 Gross profit 88,256 — — — — 88,256 Other operating expenses Selling, general and administrative expenses 44,758 — — — — 44,758 Other depreciation and amortization 5,118 — — — — 5,118 Total other operating expenses 49,876 — — — — 49,876 Income from operations 38,380 — — — — 38,380 Other expenses (income) Interest expense 21,267 — — — — 21,267 Adjustment to tax receivable agreement — — — (2,887 ) — (2,887 ) Gain on interest rate swap (119 ) — — — — (119 ) Amortization of debt issue costs 752 — — — — 752 Total other expenses (income) 21,900 — — (2,887 ) — 19,013 Income before income taxes 16,480 — — 2,887 — 19,367 Equity earnings in subsidiaries — 16,453 16,453 6,779 (39,685 ) — Provision for income taxes (27 ) — — (1,318 ) — (1,345 ) Net income 16,453 16,453 16,453 8,348 (39,685 ) 18,022 Less: net income attributable to non-controlling interest 9,674 9,674 9,674 — (19,348 ) 9,674 Net income attributable to Neff Corporation $ 6,779 $ 6,779 $ 6,779 $ 8,348 $ (20,337 ) $ 8,348 Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 91,474 $ — $ — $ — $ — $ 91,474 Equipment sales 4,941 — — — — 4,941 Parts and service 3,245 — — — — 3,245 Total revenues 99,660 — — — — 99,660 Cost of revenues Cost of equipment sold 2,963 — — — — 2,963 Depreciation of rental equipment 22,761 — — — — 22,761 Cost of rental revenues 21,675 — — — — 21,675 Cost of parts and service 1,799 — — — — 1,799 Total cost of revenues 49,198 — — — — 49,198 Gross profit 50,462 — — — — 50,462 Other operating expenses Selling, general and administrative expenses 23,387 — — — — 23,387 Other depreciation and amortization 2,594 — — — — 2,594 Total other operating expenses 25,981 — — — — 25,981 Income from operations 24,481 — — — — 24,481 Other expenses Interest expense 10,476 — — — — 10,476 Adjustment to tax receivable agreement — — — 262 — 262 Loss on interest rate swap 1,828 — — — — 1,828 Amortization of debt issue costs 370 — — — — 370 Total other expenses 12,674 — — 262 — 12,936 Income (loss) before income taxes 11,807 — — (262 ) — 11,545 Equity earnings in subsidiaries — 11,757 11,757 4,438 (27,952 ) — Provision for income taxes (50 ) — — (1,556 ) — (1,606 ) Net income 11,757 11,757 11,757 2,620 (27,952 ) 9,939 Less: net income attributable to non-controlling interest — — 7,319 — — 7,319 Net income attributable to Neff Corporation $ 11,757 $ 11,757 $ 4,438 $ 2,620 $ (27,952 ) $ 2,620 Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 172,651 $ — $ — $ — $ — $ 172,651 Equipment sales 10,043 — — — — 10,043 Parts and service 6,550 — — — — 6,550 Total revenues 189,244 — — — — 189,244 Cost of revenues Cost of equipment sold 6,074 — — — — 6,074 Depreciation of rental equipment 44,926 — — — — 44,926 Cost of rental revenues 41,608 — — — — 41,608 Cost of parts and service 3,604 — — — — 3,604 Total cost of revenues 96,212 — — — — 96,212 Gross profit 93,032 — — — — 93,032 Other operating expenses Selling, general and administrative expenses 47,909 — — — — 47,909 Other depreciation and amortization 5,335 — — — — 5,335 Total other operating expenses 53,244 — — — — 53,244 Income from operations 39,788 — — — — 39,788 Other expenses Interest expense 21,125 — — — — 21,125 Adjustment to tax receivable agreement — — — 676 — 676 Loss on interest rate swap 6,482 — — — — 6,482 Amortization of debt issue costs 765 — — — — 765 Total other expenses 28,372 — — 676 — 29,048 Income (loss) before income taxes 11,416 — — (676 ) — 10,740 Equity earnings in subsidiaries — 11,366 11,366 4,316 (27,048 ) — Provision for income taxes (50 ) — — (1,172 ) — (1,222 ) Net income 11,366 11,366 11,366 2,468 (27,048 ) 9,518 Less: net income attributable to non-controlling interest — — 7,050 — — 7,050 Net income attributable to Neff Corporation $ 11,366 $ 11,366 $ 4,316 $ 2,468 $ (27,048 ) $ 2,468 Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Revenues Rental revenues $ 84,820 $ — $ — $ — $ — $ 84,820 Equipment sales 6,174 — — — — 6,174 Parts and service 3,233 — — — — 3,233 Total revenues 94,227 — — — — 94,227 Cost of revenues Cost of equipment sold 4,058 — — — — 4,058 Depreciation of rental equipment 21,213 — — — — 21,213 Cost of rental revenues 19,511 — — — — 19,511 Cost of parts and service 1,807 — — — — 1,807 Total cost of revenues 46,589 — — — — 46,589 Gross profit 47,638 — — — — 47,638 Other operating expenses Selling, general and administrative expenses 22,468 — — — — 22,468 Other depreciation and amortization 2,657 — — — — 2,657 Total other operating expenses 25,125 — — — — 25,125 Income from operations 22,513 — — — — 22,513 Other expenses (income) Interest expense 10,753 — — — — 10,753 Adjustment to tax receivable agreement — — — (3,408 ) — (3,408 ) Gain on interest rate swap (1,007 ) — — — — (1,007 ) Amortization of debt issue costs 381 — — — — 381 Total other expenses (income) 10,127 — — (3,408 ) — 6,719 Income before income taxes 12,386 — — 3,408 — 15,794 Equity earnings in subsidiaries — 12,373 12,373 5,098 (29,844 ) — Provision for income taxes (13 ) — — (1,087 ) — (1,100 ) Net income 12,373 12,373 12,373 7,419 (29,844 ) 14,694 Less: net income attributable to non-controlling interest 7,275 7,275 7,275 — (14,550 ) 7,275 Net income attributable to Neff Corporation $ 5,098 $ 5,098 $ 5,098 $ 7,419 $ (15,294 ) $ 7,419
Condensed Consolidating Statement of Cash Flow	SUPPLEMENTAL UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (in thousands) Neff Rental LLC Neff LLC Neff Holdings LLC Neff Corporation Stand Alone Eliminations Neff Corporation Cash Flows from Operating Activities Net income $ 11,366 $ 11,366 $ 11,366 $ 2,468 $ (27,048 ) $ 9,518 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 49,726 — — — — 49,726 Amortization of debt issue costs 765 — — — — 765 Amortization of intangible assets 535 — — — — 535 Amortization of original issue discount 147 — — — — 147 Gain on sale of equipment (3,969 ) — — — — (3,969 ) Provision for bad debt 862 — — — — 862 Equity-based compensation 1,098 — — — — 1,098 Deferred income taxes 50 — — 1,172 — 1,222 Adjustment to tax receivable agreement — — — 676 — 676 Unrealized loss on interest rate swap 6,183 — — — — 6,183 Equity earnings in subsidiaries — (11,366 ) (11,366 ) (4,316 ) 27,048 — Changes in operating assets and liabilities: Accounts receivable 7,472 — — — — 7,472 Inventories, prepaid expenses and other assets (1,267 ) — — — — (1,267 ) Accounts payable (324 ) — — — — (324 ) Accrued expenses and other liabilities 882 — — — — 882 Net cash provided by operating activities 73,526 — — — — 73,526 Cash Flows from Investing Activities Purchases of rental equipment (76,557 ) — — — — (76,557 ) Proceeds from sale of equipment 10,043 — — — — 10,043 Purchases of property and equipment (8,648 ) — — — — (8,648 ) Net cash used in investing activities (75,162 ) — — — — (75,162 ) Cash Flows from Financing Activities Repayments under revolving credit facility (66,400 ) — — — — (66,400 ) Borrowings under revolving credit facility 82,500 — — — — 82,500 Debt issue costs (1,570 ) — — — — (1,570 ) Common stock repurchases — — — (9,433 ) — (9,433 ) Common unit sales/repurchases (9,433 ) — — 9,433 — — Second Lien Loan prepayment (3,349 ) — — — — (3,349 ) Distribution to member (138 ) — — — — (138 ) Intercompany 2 — — (2 ) — — Net cash provided by (used in) financing activities 1,612 — — (2 ) — 1,610 Net decrease in cash and cash equivalents (24 ) — — (2 ) — (26 ) Cash and cash equivalents, beginning of period 287 — — 2 — 289 Cash and cash equivalents, end of period $ 263 $ — $ — $ — $ — $ 263

BUSINESS AND ORGANIZATION - Add

BUSINESS AND ORGANIZATION - Additional Information (Details) - $ / shares	Nov. 26, 2014	Jun. 30, 2016	Dec. 31, 2015
Neff Holdings LLC
Class of Stock [Line Items]
Ownership percentage by parent		37.60%	41.00%
IPO [Member] | Common Class A
Class of Stock [Line Items]
Stock issued during period (in shares)	10,476,190
Price of stock for public offering (in dollars per share)	$ 15

BASIS OF PRESENTATION - Additio

BASIS OF PRESENTATION - Additional Information (Details)	6 Months Ended
	Jun. 30, 2016segment
Accounting Policies [Abstract]
Number of operating segments corresponding to the number of regions in which entity operates	5
Number of reportable segments	1

NON-CONTROLLING INTEREST - Sche

NON-CONTROLLING INTEREST - Schedule of Ownership of Common Units (Details) - shares	Jun. 30, 2016	Dec. 31, 2015
Neff Holdings LLC
Noncontrolling Interest [Line Items]
Common Unit, Issued	23,977,339	25,332,406
Neff Holdings LLC
Noncontrolling Interest [Line Items]
Ownership percentage by non-controlling interest	62.40%	59.00%
Ownership percentage by parent	37.60%	41.00%
Aggregate Ownership of Noncontrolling Interest	100.00%	100.00%
Common Class A | Neff Holdings LLC | Parent Company [Member]
Noncontrolling Interest [Line Items]
Common Unit, Issued	9,025,714	10,380,781
Common Class B | Neff Holdings LLC | Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Common Unit, Issued	14,951,625	14,951,625

NON-CONTROLLING INTEREST - Sc29

NON-CONTROLLING INTEREST - Schedule of Equity by Non-controlling Interest (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			$ (71,176)
Net income attributable to non-controlling interest	$ 7,319	$ 7,275	7,050	$ 9,674
Distribution to member			(138)
Ending balance	$ (64,264)		$ (64,264)

NON-CONTROLLING INTEREST - Addi

NON-CONTROLLING INTEREST - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Distribution to members			$ 138	$ 0
Payable pursuant to tax receivable agreement	$ 29,809		29,809		$ 29,133
Adjustment to Tax Receivable Agreement	$ 262	$ (3,408)	$ 676	$ (2,887)
Neff Holdings LLC
Noncontrolling Interest [Line Items]
Ownership percentage by parent	37.60%		37.60%		41.00%
Ownership percentage by non-controlling interest	62.40%		62.40%		59.00%

EARNINGS PER SHARE - Computatio

EARNINGS PER SHARE - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Nov. 30, 2015
Numerator:
Net income attributable to Neff Corporation	$ 2,620,000	$ 7,419,000	$ 2,468,000	$ 8,348,000
Add dilutive effect of the following (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			700,000
Common Class A
Denominator for diluted net income per share of Class A common stock:
Weighted average shares of Class A common stock outstanding	9,158,000	10,482,000	9,755,000	10,479,000
Add dilutive effect of the following (in shares)
Weighted average shares of Class A common stock outstanding, diluted	9,481,000	12,036,000	9,916,000	12,033,000
Net income attributable to Neff Corporation per share of Class A common stock, basic (in dollars per share)	$ 0.29	$ 0.71	$ 0.25	$ 0.80
Net income attributable to Neff Corporation per share of Class A common stock, diluted (in dollars per share)	$ 0.28	$ 0.62	$ 0.25	$ 0.69
Stock repurchase program, authorized amount (in dollars)					$ 25,000,000
Stock repurchased and retired during period (in shares)			1,399,275
Stock repurchased and retired during period, value (in dollars)			$ 9,400,000
Stock repurchase program, remaining authorized repurchase amount (in dollars)	$ 14,700,000		14,700,000
Retained Earnings
Numerator:
Net income attributable to Neff Corporation	$ 2,620,000	$ 7,419,000	$ 2,468,000	$ 8,348,000

INTANGIBLE ASSETS - Schedule of

INTANGIBLE ASSETS - Schedule of Carrying Amount and Accumulated Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 24,841		$ 24,841		$ 24,841
Accumulated Amortization	(10,060)		(10,060)		(9,527)
Net Book Value	14,781		14,781		$ 15,314
Amortization of intangible assets			$ 535	$ 643
Customer Lists
Finite-Lived Intangible Assets [Line Items]
Average Useful Life (in years)			12 years		12 years
Gross Carrying Amount	13,987		$ 13,987		$ 13,987
Accumulated Amortization	(10,060)		(10,060)		(9,527)
Net Book Value	3,927		3,927		4,460
Amortization of intangible assets	300	$ 300	500	$ 600
Trademarks and Trade Names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,854		10,854		10,854
Net Book Value	$ 10,854		$ 10,854		$ 10,854

INTANGIBLE ASSETS - Accumulated

INTANGIBLE ASSETS - Accumulated Amortization and Expected Future Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated Amortization	$ 10,060	$ 9,527
Estimated amortization expense for:
Remainder of 2016	537
2,016	877
2,017	719
2,018	589
2,019	483
2020 through 2022	722
Total	$ 13,987

DEBT - Schedule of Debt (Detail

DEBT - Schedule of Debt (Details) - USD ($) $ in Thousands	Jun. 09, 2014	Oct. 01, 2010	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Revolving credit facility			$ 269,700	$ 253,600
Long-term Debt			743,464	730,566
Second lien loan, net of original issue discount			473,764	476,966
Second Lien Loan | Second Lien Loan
Debt Instrument [Line Items]
Long-term Debt				476,966
Second lien loan, net of original issue discount			473,764
Original issue discount			$ 2,102
Debt instrument effective interest rate percentage			7.25%
London Interbank Offered Rate (LIBOR) | Second Lien Loan | Second Lien Loan
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	6.25%
Debt instrument, interest rate, floor of variable rate	1.00%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Revolving credit facility			$ 269,700
Long-term Debt				$ 253,600
Line of credit facility, interest rate at period end			2.50%
Revolving Credit Facility | Prime Rate | Line of Credit
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.50%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Line of Credit
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.50%

DEBT - Additional Information (

DEBT - Additional Information (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Feb. 25, 2016USD ($)	Jun. 09, 2014USD ($)	Nov. 20, 2013USD ($)
Debt Instrument [Line Items]
Revolving credit facility	$ 269,700,000		$ 253,600,000
Distribution to members	138,000	$ 0
Outstanding letters of credit	3,900,000		$ 3,700,000
Debt Instrument, Covenant, Total Leverage Ratio, Actual			3.90
Neff Rental LLC | Second Lien Loan
Debt Instrument [Line Items]
Accumulated amortization of deferred finance costs	1,300,000		$ 900,000
Second Lien Loan | Neff Rental LLC | Second Lien Loan
Debt Instrument [Line Items]
Secured Debt	475,700,000
Debt Instrument, Covenant, Future Required Prepayment			3,300,000
Revolving Credit Facility | Neff Rental LLC and Neff LLC
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				$ 475,000,000	$ 425,000,000
Line of credit facility, accordion feature, increase limit				100,000,000		$ 25,000,000
Revolving credit facility	269,700,000
Current availability	201,200,000
Accumulated amortization of deferred finance costs	$ 4,500,000		$ 4,100,000
Line of credit facility covenants, trigger, minimum availability				$ 47,500,000
Total Leverage Ratio, Range One [Member] | Second Lien Loan | Neff Rental LLC | Second Lien Loan
Debt Instrument [Line Items]
Debt Instrument, Covenant, Total Leverage Ratio Requiring Prepayment, Upper Limit			4
Debt Instrument, Covenant, Total Leverage Ratio Requiring Prepayment, Lower Limit			3
Debt Instrument, Covenant, Required Prepayment, Percentage of Excess Cash Flow			25.00%

EQUITY-BASED COMPENSATION EQUIT

EQUITY-BASED COMPENSATION EQUITY-BASED COMPENSATION - Schedule of Stock Option Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2016shares
Stock options outstanding (in shares)
Beginning balance	696
Granted	0
Exercised	0
Forfeited	0
Ending balance	696
Number of Vested and Unvested Awards (in shares)
Vested	72
Unvested	624
Neff Holdings LLC
Stock options outstanding (in shares)
Beginning balance	1,265
Granted	0
Exercised	0
Forfeited	0
Ending balance	1,265
Number of Vested and Unvested Awards (in shares)
Vested	1,265
Unvested	0
Restricted Stock Units (RSUs)
Restricted stock outstanding (in shares)
Beginning balance	243
Granted	0
Exercised	(44)
Forfeited	0
Ending balance	199
Number of Vested and Unvested Awards (in shares)
Vested	0
Unvested	199

EQUITY-BASED COMPENSATION - Add

EQUITY-BASED COMPENSATION - Additional Information (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)shares	Jun. 30, 2016USD ($)shares	Jun. 30, 2015USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation | $		$ 1,098	$ 674
Common stock, conversion ratio, common unit to Class A common stock		1
Neff Holdings LLC
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation | $	$ 300	$ 1,100	$ 700
Incentive Plan 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares	1,500,000	1,500,000
Number of additional shares available | shares	500,000	500,000

DERIVIATIVE FINANCIAL INSTRUMEN

DERIVIATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Fixed Interest Rates (Details)	Apr. 08, 2019	Apr. 09, 2018	Apr. 10, 2017	Apr. 08, 2016
Derivative [Line Items]
Derivative, fixed interest rate				1.157%
Scenario, Forecast
Derivative [Line Items]
Derivative, fixed interest rate	2.143%	1.961%	1.681%

DERIVATIVE FINANCIAL INSTRUME39

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Gain Recognized in Earnings(a)	$ (1,828)	$ 1,007	$ (6,482)	$ 119
Interest Rate Swap | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain Recognized in Earnings(a)	(1,828)	$ 1,007	(6,482)	$ 119
Fair Value of Derivative(b)					$ 1,880
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value of Derivative(b)	$ 8,063		$ 8,063

DERIVATIVE FINANCIAL INSTRUME40

DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Mar. 24, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Loss Recognized in Earnings	$ 1,828,000	$ (1,007,000)	$ 6,482,000	$ (119,000)
Unrealized gain (loss) on interest rate swap			(6,183,000)	218,000
Interest Rate Swap | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liability, notional amount						$ 200,000,000
Loss Recognized in Earnings	1,828,000	(1,007,000)	6,482,000	(119,000)
Unrealized gain (loss) on interest rate swap	(1,600,000)	1,100,000	(6,200,000)	200,000
Gain (loss) on settlement payments for derivatives	$ (200,000)	$ 100,000	$ (300,000)	$ 100,000
Fair value of derivative liability					$ 1,880,000

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2016
Income Tax Contingency [Line Items]
Effective Income Tax Rate Reconciliation, Percent	11.40%
Effective Income Tax Rate Reconciliation,Other Reconciling Items, Percent	4.20%
Scenario, Forecast
Income Tax Contingency [Line Items]
Effective Income Tax Rate Reconciliation, Percent		15.60%

FAIR VALUE DISCLOSURES - (Detai

FAIR VALUE DISCLOSURES - (Details) - Interest Rate Swap - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Measurements, Recurring | Fair Value Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 0
Fair Value, Measurements, Recurring | Fair Value Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0
Not Designated as Hedging Instrument [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value of Derivative(b)		$ 1,880
Not Designated as Hedging Instrument [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value of Derivative(b)	$ 8,063

SUPPLEMENTAL CONSOLIDATING ST43

SUPPLEMENTAL CONSOLIDATING STATEMENTS - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 263	$ 289	$ 225	$ 207
Accounts receivable, net	61,994	70,328
Inventories	2,066	1,766
Rental equipment, net	488,388	457,470
Property and equipment, net	36,825	33,473
Prepaid expenses and other assets	16,213	14,488
Goodwill	60,644	60,599
Investment in Subsidiary	0	0
Intercompany	0	0
Intangible assets, net	14,781	15,314
Total assets	681,174	653,727
Liabilities
Accounts payable	23,324	18,948
Accrued expenses and other liabilities	38,692	31,412
Revolving credit facility	269,700	253,600
Second lien loan, net of original issue discount	473,764	476,966
Payable pursuant to tax receivable agreement	29,809	29,133
Deferred tax liability, net	8,957	9,458
Total liabilities	844,246	819,517
Stockholders' deficit
Additional paid-in capital	(118,706)	(112,058)
Retained earnings	19,658	17,190
Members' deficit	0	0
Accumulated surplus	0	0
Total stockholders' deficit	(98,808)	(94,614)
Non-controlling interest	(64,264)	(71,176)
Total stockholders' deficit and non-controlling interest	(163,072)	(165,790)
Total liabilities and stockholders' deficit and non-controlling interest	681,174	653,727
Eliminations
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Inventories	0	0
Rental equipment, net	0	0
Property and equipment, net	0	0
Prepaid expenses and other assets	0	0
Goodwill	0	0
Investment in Subsidiary	(319,973)	(301,260)
Intercompany	0	0
Intangible assets, net	0	0
Total assets	(319,973)	(301,260)
Liabilities
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Revolving credit facility	0	0
Second lien loan, net of original issue discount	0	0
Payable pursuant to tax receivable agreement	0	0
Deferred tax liability, net	0	0
Total liabilities	0	0
Stockholders' deficit
Additional paid-in capital	(146,143)	(146,143)
Retained earnings	0	0
Members' deficit	196,611	188,138
Accumulated surplus	(236,379)	(202,281)
Total stockholders' deficit	(185,911)	(160,286)
Non-controlling interest	(134,062)	(140,974)
Total stockholders' deficit and non-controlling interest	(319,973)	(301,260)
Total liabilities and stockholders' deficit and non-controlling interest	(319,973)	(301,260)
Neff Rental LLC | Reportable Legal Entities
ASSETS
Cash and cash equivalents	263	287	223	205
Accounts receivable, net	61,994	70,328
Inventories	2,066	1,766
Rental equipment, net	488,388	457,470
Property and equipment, net	36,825	33,473
Prepaid expenses and other assets	16,213	14,488
Goodwill	60,644	60,599
Investment in Subsidiary	0	0
Intercompany	6,488	6,490
Intangible assets, net	14,781	15,314
Total assets	687,662	660,215
Liabilities
Accounts payable	23,324	18,948
Accrued expenses and other liabilities	38,692	31,412
Revolving credit facility	269,700	253,600
Second lien loan, net of original issue discount	473,764	476,966
Payable pursuant to tax receivable agreement	0	0
Deferred tax liability, net	0	0
Total liabilities	805,480	780,926
Stockholders' deficit
Additional paid-in capital	0	0
Retained earnings	0	0
Members' deficit	(196,611)	(188,138)
Accumulated surplus	78,793	67,427
Total stockholders' deficit	(117,818)	(120,711)
Non-controlling interest	0	0
Total stockholders' deficit and non-controlling interest	(117,818)	(120,711)
Total liabilities and stockholders' deficit and non-controlling interest	687,662	660,215
Neff LLC | Reportable Legal Entities
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Inventories	0	0
Rental equipment, net	0	0
Property and equipment, net	0	0
Prepaid expenses and other assets	0	0
Goodwill	0	0
Investment in Subsidiary	78,793	67,427
Intercompany	0	0
Intangible assets, net	0	0
Total assets	78,793	67,427
Liabilities
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Revolving credit facility	0	0
Second lien loan, net of original issue discount	0	0
Payable pursuant to tax receivable agreement	0	0
Deferred tax liability, net	0	0
Total liabilities	0	0
Stockholders' deficit
Additional paid-in capital	0	0
Retained earnings	0	0
Members' deficit	0	0
Accumulated surplus	78,793	67,427
Total stockholders' deficit	78,793	67,427
Non-controlling interest	0	0
Total stockholders' deficit and non-controlling interest	78,793	67,427
Total liabilities and stockholders' deficit and non-controlling interest	78,793	67,427
Neff Holdings LLC | Reportable Legal Entities
ASSETS
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Inventories	0	0
Rental equipment, net	0	0
Property and equipment, net	0	0
Prepaid expenses and other assets	0	0
Goodwill	0	0
Investment in Subsidiary	78,793	67,427
Intercompany	0	0
Intangible assets, net	0	0
Total assets	78,793	67,427
Liabilities
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Revolving credit facility	0	0
Second lien loan, net of original issue discount	0	0
Payable pursuant to tax receivable agreement	0	0
Deferred tax liability, net	0	0
Total liabilities	0	0
Stockholders' deficit
Additional paid-in capital	0	0
Retained earnings	0	0
Members' deficit	0	0
Accumulated surplus	78,793	67,427
Total stockholders' deficit	78,793	67,427
Non-controlling interest	0	0
Total stockholders' deficit and non-controlling interest	78,793	67,427
Total liabilities and stockholders' deficit and non-controlling interest	78,793	67,427
Neff Corporation | Reportable Legal Entities
ASSETS
Cash and cash equivalents	0	2	$ 2	$ 2
Accounts receivable, net	0	0
Inventories	0	0
Rental equipment, net	0	0
Property and equipment, net	0	0
Prepaid expenses and other assets	0	0
Goodwill	0	0
Investment in Subsidiary	162,387	166,406
Intercompany	(6,488)	(6,490)
Intangible assets, net	0	0
Total assets	155,899	159,918
Liabilities
Accounts payable	0	0
Accrued expenses and other liabilities	0	0
Revolving credit facility	0	0
Second lien loan, net of original issue discount	0	0
Payable pursuant to tax receivable agreement	29,809	29,133
Deferred tax liability, net	8,957	9,458
Total liabilities	38,766	38,591
Stockholders' deficit
Additional paid-in capital	27,437	34,085
Retained earnings	19,658	17,190
Members' deficit	0	0
Accumulated surplus	0	0
Total stockholders' deficit	47,335	51,529
Non-controlling interest	69,798	69,798
Total stockholders' deficit and non-controlling interest	117,133	121,327
Total liabilities and stockholders' deficit and non-controlling interest	155,899	159,918
Common Class A
Stockholders' deficit
Common stock	90	104
Common Class A | Eliminations
Stockholders' deficit
Common stock	0	0
Common Class A | Neff Rental LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class A | Neff LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class A | Neff Holdings LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class A | Neff Corporation | Reportable Legal Entities
Stockholders' deficit
Common stock	90	104
Common Class B
Stockholders' deficit
Common stock	150	150
Common Class B | Eliminations
Stockholders' deficit
Common stock	0	0
Common Class B | Neff Rental LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class B | Neff LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class B | Neff Holdings LLC | Reportable Legal Entities
Stockholders' deficit
Common stock	0	0
Common Class B | Neff Corporation | Reportable Legal Entities
Stockholders' deficit
Common stock	$ 150	$ 150

SUPPLEMENTAL CONSOLIDATING ST44

SUPPLEMENTAL CONSOLIDATING STATEMENTS - Condensed Consolidating Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues
Rental revenues	$ 91,474	$ 84,820	$ 172,651	$ 158,961
Equipment sales	4,941	6,174	10,043	12,961
Parts and service	3,245	3,233	6,550	6,391
Total revenues	99,660	94,227	189,244	178,313
Cost of revenues
Cost of equipment sold	2,963	4,058	6,074	8,390
Depreciation of rental equipment	22,761	21,213	44,926	40,727
Cost of rental revenues	21,675	19,511	41,608	37,370
Cost of parts and service	1,799	1,807	3,604	3,570
Total cost of revenues	49,198	46,589	96,212	90,057
Gross profit	50,462	47,638	93,032	88,256
Other operating expenses
Selling, general and administrative expenses	23,387	22,468	47,909	44,758
Other depreciation and amortization	2,594	2,657	5,335	5,118
Total other operating expenses	25,981	25,125	53,244	49,876
Income from operations	24,481	22,513	39,788	38,380
Other expenses (income)
Interest expense	10,476	10,753	21,125	21,267
Adjustment to Tax Receivable Agreement	262	(3,408)	676	(2,887)
Loss (gain) on interest rate swap	1,828	(1,007)	6,482	(119)
Amortization of debt issue costs	370	381	765	752
Total other expenses (income)	12,936	6,719	29,048	19,013
Income before income taxes	11,545	15,794	10,740	19,367
Equity earnings in subsidiaries	0	0	0	0
Provision for income taxes	(1,606)	(1,100)	(1,222)	(1,345)
Net income	9,939	14,694	9,518	18,022
Less: net income attributable to non-controlling interest	7,319	7,275	7,050	9,674
Net income attributable to Neff Corporation	2,620	7,419	2,468	8,348
Eliminations
Revenues
Rental revenues	0	0	0	0
Equipment sales	0	0	0	0
Parts and service	0	0	0	0
Total revenues	0	0	0	0
Cost of revenues
Cost of equipment sold	0	0	0	0
Depreciation of rental equipment	0	0	0	0
Cost of rental revenues	0	0	0	0
Cost of parts and service	0	0	0	0
Total cost of revenues	0	0	0	0
Gross profit	0	0	0	0
Other operating expenses
Selling, general and administrative expenses	0	0	0	0
Other depreciation and amortization	0	0	0	0
Total other operating expenses	0	0	0	0
Income from operations	0	0	0	0
Other expenses (income)
Interest expense	0	0	0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Loss (gain) on interest rate swap	0	0	0	0
Amortization of debt issue costs	0	0	0	0
Total other expenses (income)	0	0	0	0
Income before income taxes	0	0	0	0
Equity earnings in subsidiaries	(27,952)	(29,844)	(27,048)	(39,685)
Provision for income taxes	0	0	0	0
Net income	(27,952)	(29,844)	(27,048)	(39,685)
Less: net income attributable to non-controlling interest	0	(14,550)	0	(19,348)
Net income attributable to Neff Corporation	(27,952)	(15,294)	(27,048)	(20,337)
Neff Rental LLC | Reportable Legal Entities
Revenues
Rental revenues	91,474	84,820	172,651	158,961
Equipment sales	4,941	6,174	10,043	12,961
Parts and service	3,245	3,233	6,550	6,391
Total revenues	99,660	94,227	189,244	178,313
Cost of revenues
Cost of equipment sold	2,963	4,058	6,074	8,390
Depreciation of rental equipment	22,761	21,213	44,926	40,727
Cost of rental revenues	21,675	19,511	41,608	37,370
Cost of parts and service	1,799	1,807	3,604	3,570
Total cost of revenues	49,198	46,589	96,212	90,057
Gross profit	50,462	47,638	93,032	88,256
Other operating expenses
Selling, general and administrative expenses	23,387	22,468	47,909	44,758
Other depreciation and amortization	2,594	2,657	5,335	5,118
Total other operating expenses	25,981	25,125	53,244	49,876
Income from operations	24,481	22,513	39,788	38,380
Other expenses (income)
Interest expense	10,476	10,753	21,125	21,267
Adjustment to Tax Receivable Agreement	0	0	0	0
Loss (gain) on interest rate swap	1,828	(1,007)	6,482	(119)
Amortization of debt issue costs	370	381	765	752
Total other expenses (income)	12,674	10,127	28,372	21,900
Income before income taxes	11,807	12,386	11,416	16,480
Equity earnings in subsidiaries	0	0	0	0
Provision for income taxes	(50)	(13)	(50)	(27)
Net income	11,757	12,373	11,366	16,453
Less: net income attributable to non-controlling interest	0	7,275	0	9,674
Net income attributable to Neff Corporation	11,757	5,098	11,366	6,779
Neff LLC | Reportable Legal Entities
Revenues
Rental revenues	0	0	0	0
Equipment sales	0	0	0	0
Parts and service	0	0	0	0
Total revenues	0	0	0	0
Cost of revenues
Cost of equipment sold	0	0	0	0
Depreciation of rental equipment	0	0	0	0
Cost of rental revenues	0	0	0	0
Cost of parts and service	0	0	0	0
Total cost of revenues	0	0	0	0
Gross profit	0	0	0	0
Other operating expenses
Selling, general and administrative expenses	0	0	0	0
Other depreciation and amortization	0	0	0	0
Total other operating expenses	0	0	0	0
Income from operations	0	0	0	0
Other expenses (income)
Interest expense	0	0	0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Loss (gain) on interest rate swap	0	0	0	0
Amortization of debt issue costs	0	0	0	0
Total other expenses (income)	0	0	0	0
Income before income taxes	0	0	0	0
Equity earnings in subsidiaries	11,757	12,373	11,366	16,453
Provision for income taxes	0	0	0	0
Net income	11,757	12,373	11,366	16,453
Less: net income attributable to non-controlling interest	0	7,275	0	9,674
Net income attributable to Neff Corporation	11,757	5,098	11,366	6,779
Neff Holdings LLC | Reportable Legal Entities
Revenues
Rental revenues	0	0	0	0
Equipment sales	0	0	0	0
Parts and service	0	0	0	0
Total revenues	0	0	0	0
Cost of revenues
Cost of equipment sold	0	0	0	0
Depreciation of rental equipment	0	0	0	0
Cost of rental revenues	0	0	0	0
Cost of parts and service	0	0	0	0
Total cost of revenues	0	0	0	0
Gross profit	0	0	0	0
Other operating expenses
Selling, general and administrative expenses	0	0	0	0
Other depreciation and amortization	0	0	0	0
Total other operating expenses	0	0	0	0
Income from operations	0	0	0	0
Other expenses (income)
Interest expense	0	0	0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Loss (gain) on interest rate swap	0	0	0	0
Amortization of debt issue costs	0	0	0	0
Total other expenses (income)	0	0	0	0
Income before income taxes	0	0	0	0
Equity earnings in subsidiaries	11,757	12,373	11,366	16,453
Provision for income taxes	0	0	0	0
Net income	11,757	12,373	11,366	16,453
Less: net income attributable to non-controlling interest	7,319	7,275	7,050	9,674
Net income attributable to Neff Corporation	4,438	5,098	4,316	6,779
Neff Corporation | Reportable Legal Entities
Revenues
Rental revenues	0	0	0	0
Equipment sales	0	0	0	0
Parts and service	0	0	0	0
Total revenues	0	0	0	0
Cost of revenues
Cost of equipment sold	0	0	0	0
Depreciation of rental equipment	0	0	0	0
Cost of rental revenues	0	0	0	0
Cost of parts and service	0	0	0	0
Total cost of revenues	0	0	0	0
Gross profit	0	0	0	0
Other operating expenses
Selling, general and administrative expenses	0	0	0	0
Other depreciation and amortization	0	0	0	0
Total other operating expenses	0	0	0	0
Income from operations	0	0	0	0
Other expenses (income)
Interest expense	0	0	0	0
Adjustment to Tax Receivable Agreement	262	(3,408)	676	(2,887)
Loss (gain) on interest rate swap	0	0	0	0
Amortization of debt issue costs	0	0	0	0
Total other expenses (income)	262	(3,408)	676	(2,887)
Income before income taxes	(262)	3,408	(676)	2,887
Equity earnings in subsidiaries	4,438	5,098	4,316	6,779
Provision for income taxes	(1,556)	(1,087)	(1,172)	(1,318)
Net income	2,620	7,419	2,468	8,348
Less: net income attributable to non-controlling interest	0	0	0	0
Net income attributable to Neff Corporation	$ 2,620	$ 7,419	$ 2,468	$ 8,348

SUPPLEMENTAL CONSOLIDATING ST45

SUPPLEMENTAL CONSOLIDATING STATEMENTS - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities
Net income	$ 9,939	$ 14,694	$ 9,518	$ 18,022
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			49,726	45,202
Amortization of debt issue costs	370	381	765	752
Amortization of intangible assets			535	643
Amortization of original issue discount			147	120
Gain on sale of equipment			(3,969)	(4,571)
Provision for bad debt			862	825
Equity-based compensation			1,098	674
Deferred income taxes			1,222	1,212
Adjustment to Tax Receivable Agreement	262	(3,408)	676	(2,887)
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			6,183	(218)
Equity earnings in subsidiaries	0	0	0	0
Changes in operating assets and liabilities:
Accounts receivable			7,472	6,060
Inventories, prepaid expenses and other assets			(1,267)	(955)
Accounts payable			(324)	(2,271)
Accrued expenses and other liabilities			882	(1,905)
Net cash provided by operating activities			73,526	60,703
Cash Flows from Investing Activities
Purchases of rental equipment			(76,557)	(111,095)
Proceeds from sale of equipment			10,043	12,961
Purchases of property and equipment			(8,648)	(10,068)
Net cash used in investing activities			(75,162)	(108,202)
Cash Flows from Financing Activities
Repayments under revolving credit facility			(66,400)	(53,111)
Borrowings under revolving credit facility			82,500	100,911
Payment of costs directly associated with the issuance of Class A common stock			0	(283)
Debt issue costs			(1,570)	0
Common stock repurchases			(9,433)	0
Common unit sales/repurchases			0
Second Lien Loan prepayment			(3,349)	0
Distribution to member			(138)	0
Intercompany			0	0
Net cash provided by financing activities			1,610	47,517
Net (decrease) increase in cash and cash equivalents			(26)	18
Cash and cash equivalents, beginning of period			289	207
Cash and cash equivalents, end of period	263	225	263	225
Eliminations
Cash Flows from Operating Activities
Net income	(27,952)	(29,844)	(27,048)	(39,685)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			0	0
Amortization of debt issue costs	0	0	0	0
Amortization of intangible assets			0	0
Amortization of original issue discount			0	0
Gain on sale of equipment			0	0
Provision for bad debt			0	0
Equity-based compensation			0	0
Deferred income taxes			0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			0	0
Equity earnings in subsidiaries	27,952	29,844	27,048	39,685
Changes in operating assets and liabilities:
Accounts receivable			0	0
Inventories, prepaid expenses and other assets			0	0
Accounts payable			0	0
Accrued expenses and other liabilities			0	0
Net cash provided by operating activities			0	0
Cash Flows from Investing Activities
Purchases of rental equipment			0	0
Proceeds from sale of equipment			0	0
Purchases of property and equipment			0	0
Net cash used in investing activities			0	0
Cash Flows from Financing Activities
Repayments under revolving credit facility			0	0
Borrowings under revolving credit facility			0	0
Payment of costs directly associated with the issuance of Class A common stock				0
Debt issue costs			0
Common stock repurchases			0
Common unit sales/repurchases			0
Second Lien Loan prepayment			0
Distribution to member			0
Intercompany			0	0
Net cash provided by financing activities			0	0
Net (decrease) increase in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	0	0	0	0
Neff Rental LLC | Reportable Legal Entities
Cash Flows from Operating Activities
Net income	11,757	12,373	11,366	16,453
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			49,726	45,202
Amortization of debt issue costs	370	381	765	752
Amortization of intangible assets			535	643
Amortization of original issue discount			147	120
Gain on sale of equipment			(3,969)	(4,571)
Provision for bad debt			862	825
Equity-based compensation			1,098	674
Deferred income taxes			50	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			6,183	(218)
Equity earnings in subsidiaries	0	0	0	0
Changes in operating assets and liabilities:
Accounts receivable			7,472	6,060
Inventories, prepaid expenses and other assets			(1,267)	(955)
Accounts payable			(324)	(2,271)
Accrued expenses and other liabilities			882	(2,010)
Net cash provided by operating activities			73,526	60,704
Cash Flows from Investing Activities
Purchases of rental equipment			(76,557)	(111,095)
Proceeds from sale of equipment			10,043	12,961
Purchases of property and equipment			(8,648)	(10,068)
Net cash used in investing activities			(75,162)	(108,202)
Cash Flows from Financing Activities
Repayments under revolving credit facility			(66,400)	(53,111)
Borrowings under revolving credit facility			82,500	100,911
Payment of costs directly associated with the issuance of Class A common stock				0
Debt issue costs			(1,570)
Common stock repurchases			0
Common unit sales/repurchases			(9,433)
Second Lien Loan prepayment			(3,349)
Distribution to member			(138)
Intercompany			2	(284)
Net cash provided by financing activities			1,612	47,516
Net (decrease) increase in cash and cash equivalents			(24)	18
Cash and cash equivalents, beginning of period			287	205
Cash and cash equivalents, end of period	263	223	263	223
Neff LLC | Reportable Legal Entities
Cash Flows from Operating Activities
Net income	11,757	12,373	11,366	16,453
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			0	0
Amortization of debt issue costs	0	0	0	0
Amortization of intangible assets			0	0
Amortization of original issue discount			0	0
Gain on sale of equipment			0	0
Provision for bad debt			0	0
Equity-based compensation			0	0
Deferred income taxes			0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			0	0
Equity earnings in subsidiaries	(11,757)	(12,373)	(11,366)	(16,453)
Changes in operating assets and liabilities:
Accounts receivable			0	0
Inventories, prepaid expenses and other assets			0	0
Accounts payable			0	0
Accrued expenses and other liabilities			0	0
Net cash provided by operating activities			0	0
Cash Flows from Investing Activities
Purchases of rental equipment			0	0
Proceeds from sale of equipment			0	0
Purchases of property and equipment			0	0
Net cash used in investing activities			0	0
Cash Flows from Financing Activities
Repayments under revolving credit facility			0	0
Borrowings under revolving credit facility			0	0
Payment of costs directly associated with the issuance of Class A common stock				0
Debt issue costs			0
Common stock repurchases			0
Common unit sales/repurchases			0
Second Lien Loan prepayment			0
Distribution to member			0
Intercompany			0	0
Net cash provided by financing activities			0	0
Net (decrease) increase in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	0	0	0	0
Neff Holdings LLC | Reportable Legal Entities
Cash Flows from Operating Activities
Net income	11,757	12,373	11,366	16,453
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			0	0
Amortization of debt issue costs	0	0	0	0
Amortization of intangible assets			0	0
Amortization of original issue discount			0	0
Gain on sale of equipment			0	0
Provision for bad debt			0	0
Equity-based compensation			0	0
Deferred income taxes			0	0
Adjustment to Tax Receivable Agreement	0	0	0	0
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			0	0
Equity earnings in subsidiaries	(11,757)	(12,373)	(11,366)	(16,453)
Changes in operating assets and liabilities:
Accounts receivable			0	0
Inventories, prepaid expenses and other assets			0	0
Accounts payable			0	0
Accrued expenses and other liabilities			0	0
Net cash provided by operating activities			0	0
Cash Flows from Investing Activities
Purchases of rental equipment			0	0
Proceeds from sale of equipment			0	0
Purchases of property and equipment			0	0
Net cash used in investing activities			0	0
Cash Flows from Financing Activities
Repayments under revolving credit facility			0	0
Borrowings under revolving credit facility			0	0
Payment of costs directly associated with the issuance of Class A common stock				0
Debt issue costs			0
Common stock repurchases			0
Common unit sales/repurchases			0
Second Lien Loan prepayment			0
Distribution to member			0
Intercompany			0	0
Net cash provided by financing activities			0	0
Net (decrease) increase in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	0	0	0	0
Parent Company [Member] | Reportable Legal Entities
Cash Flows from Operating Activities
Net income	2,620	7,419	2,468	8,348
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation			0	0
Amortization of debt issue costs	0	0	0	0
Amortization of intangible assets			0	0
Amortization of original issue discount			0	0
Gain on sale of equipment			0	0
Provision for bad debt			0	0
Equity-based compensation			0	0
Deferred income taxes			1,172	1,212
Adjustment to Tax Receivable Agreement	262	(3,408)	676	(2,887)
Unrealized Gain (Loss) on Derivatives and Commodity Contracts			0	0
Equity earnings in subsidiaries	(4,438)	(5,098)	(4,316)	(6,779)
Changes in operating assets and liabilities:
Accounts receivable			0	0
Inventories, prepaid expenses and other assets			0	0
Accounts payable			0	0
Accrued expenses and other liabilities			0	105
Net cash provided by operating activities			0	(1)
Cash Flows from Investing Activities
Purchases of rental equipment			0	0
Proceeds from sale of equipment			0	0
Purchases of property and equipment			0	0
Net cash used in investing activities			0	0
Cash Flows from Financing Activities
Repayments under revolving credit facility			0	0
Borrowings under revolving credit facility			0	0
Payment of costs directly associated with the issuance of Class A common stock				(283)
Debt issue costs			0
Common stock repurchases			(9,433)
Common unit sales/repurchases			9,433
Second Lien Loan prepayment			0
Distribution to member			0
Intercompany			(2)	284
Net cash provided by financing activities			(2)	1
Net (decrease) increase in cash and cash equivalents			(2)	0
Cash and cash equivalents, beginning of period			2	2
Cash and cash equivalents, end of period	$ 0	$ 2	$ 0	$ 2