Fair Value Accounting (Details 1) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Millions, unless otherwise specified |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | ($67) | [1] | ($74.10) |
Notes payable | 1,260.70 | [1] | 1,314.70 |
Total debt | 3,242.50 | [1] | 2,989.80 |
Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,301.30 | | 1,356.90 |
Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,557.30 | | 1,256.10 |
Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | -67 | | -74.1 |
Total debt | 424.5 | | 419 |
Recourse | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | 0 | | 0 |
Total debt | 40.6 | | 42.2 |
Recourse | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Less: unamortized discount | 0 | | 0 |
Total debt | 0 | | 0 |
Carrying Value | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 3,242.50 | | 2,989.80 |
Carrying Value | Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 424.5 | | 419 |
Carrying Value | Recourse | Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Convertible subordinated notes | 450 | | 450 |
Less: unamortized discount | -67 | | -74.1 |
Convertible subordinated notes, net | 383 | | 375.9 |
Other | 0.9 | | 0.9 |
Total debt | 383.9 | | 376.8 |
Carrying Value | Recourse | Capital lease obligations | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Capital lease obligations | 40.6 | | 42.2 |
Carrying Value | Non-recourse | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 2,818 | | 2,570.80 |
Carrying Value | Non-recourse | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 1,260.70 | | 1,314.70 |
Carrying Value | Non-recourse | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 1,557.30 | | 1,256.10 |
Carrying Value | Non-recourse | 2006 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 232.5 | | 240.7 |
Carrying Value | Non-recourse | Promissory notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 382 | | 396.1 |
Carrying Value | Non-recourse | 2009 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 194.1 | | 199 |
Carrying Value | Non-recourse | 2010 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 320.1 | | 326.9 |
Carrying Value | Non-recourse | TILC warehouse facility | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 132 | | 152 |
Carrying Value | Non-recourse | TRL 2012 secured railcar equipment notes - RIV 2013 | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 486.6 | | 499.3 |
Carrying Value | Non-recourse | TRIP Master Funding secured railcar equipment notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 1,070.70 | | 756.8 |
Estimated Fair Value | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 3,867.60 | | 3,312.70 |
Estimated Fair Value | Recourse | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 879.4 | | 636.5 |
Estimated Fair Value | Recourse | Corporate | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Convertible subordinated notes | 837.9 | | 593.4 |
Other | 0.9 | | 0.9 |
Estimated Fair Value | Recourse | Capital lease obligations | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Capital lease obligations | 40.6 | | 42.2 |
Estimated Fair Value | Non-recourse | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Total debt | 2,988.20 | | 2,676.20 |
Estimated Fair Value | Non-recourse | 2006 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 256.4 | | 259.2 |
Estimated Fair Value | Non-recourse | Promissory notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 376.9 | | 389.6 |
Estimated Fair Value | Non-recourse | 2009 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 233.5 | | 229.5 |
Estimated Fair Value | Non-recourse | 2010 secured railcar equipment notes | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 351.8 | | 342.7 |
Estimated Fair Value | Non-recourse | TILC warehouse facility | Wholly-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Loans payable | 132 | | 152 |
Estimated Fair Value | Non-recourse | TRL 2012 secured railcar equipment notes - RIV 2013 | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | 485.1 | | 483.4 |
Estimated Fair Value | Non-recourse | TRIP Master Funding secured railcar equipment notes | Partially-owned subsidiaries | Railcar Leasing and Management Services Group | ' | | ' |
Carrying amounts and estimated fair values of long-term debt | ' | | ' |
Notes payable | $1,152.50 | | $819.80 |
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[1] | (unaudited) |