Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Trade Receivables, Net Of Provisions

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Trade Receivables, Net Of Provisions
12 Months Ended
Dec. 31, 2011
Trade Receivables, Net Of Provisions [Abstract]  
Trade Receivables, Net Of Provisions

4. Trade receivables, net of provisions

Trade receivables consist of the following at December 31:

    2010     2011  
Trade receivables $ 51,661   $ 19,593  
Provision for doubtful accounts   (2,606 )   (3,530 )
  $ 49,055   $ 16,063  

 

     Trade receivables include amounts invoiced to lessees in respect of lease rentals and maintenance reserves. As of December 31, 2011, we did not have any trades receivables recorded in relation to lessee defaults.

The change in the provision for doubtful accounts is set forth below:

    Year ended December 31,        
    2009     2010     2011  
Provision at beginning of period $ 11,983   $ 3,392   $ 2,606  
Expense for doubtful accounts   (29 )   39     3,335  
Discontinued operations   992     1,128     (2,567 )
Other(1)   (9,554 )   (1,953 )   156  
Provision at the end of period $ 3,392   $ 2,606   $ 3,530  

 

(1)     
Other includes direct write offs and cash accounting for certain trade receivables.