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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

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FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For The Quarterly Period Ended March 31, 2006

or

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the Transition Period from __________ to ______________

Commission file number 333-114115

NATIONSRENT COMPANIES, INC.
(Exact name of registrant as specified in the charter)

|Delaware
(State or other jurisdiction of incorporation or organization) |  | 14-1875911
(I.R.S. Employer Identification Number)
|----------------------------------------------------------------------- |  | --------------------------------------------------

|450 East Las Olas Blvd., Suite 1400,
Fort Lauderdale, Florida
(Address of principal executive office) |  | 33301
(Zip Code)
|----------------------------------------------------------------------------------------------------- |  | ----------------

(954) 760-6550
(Registrant's telephone number including area code)

Indicate by check |X|whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirement for the past 90 days. Yes |X| No |_|

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, or a non-accelerated filer. See
definition of accelerated filer and large accelerated filer in Rule
12b-2 of the Exchange Act (Check one):

|Large accelerated filer |_| | Accelerated filer |_| | Non-accelerated filer |X|
|--------------------------- | --------------------- | -------------------------

Indicate by check mark whether the registrant is a shell company
(as defined in the Exchange Act Rule 12b-2). Yes |_| No |X|

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of securities
under a plan confirmed by a court. Yes |X| No |_|

As of March 31, 2006 there were 1,729,091 shares of common
stock, $0.01 par value, outstanding.

NATIONSRENT COMPANIES, INC.

Page
No.

|PART I - FINANCIAL INFORMATION | 1
|------------------------------ | -

|Item 1: Financial Statements | 1
|---------------------------- | -

| | Condensed Consolidated Balance Sheets as of March 31, 2006
(unaudited) and December 31, 2005 | 1
| | -------------------------------------------------------------------------------------------- | -

| | Unaudited Condensed Consolidated Statements of Operations for the
Three Months Ended March 31, 2006 and 2005 | 2
| | ------------------------------------------------------------------------------------------------------------ | -

| | Unaudited Condensed Consolidated Statements of Cash Flows for the
Three Months Ended March 31, 2006 and 2005 | 3
| | ------------------------------------------------------------------------------------------------------------ | -

| | Notes to Condensed Consolidated Financial Statements | 4
| | ---------------------------------------------------- | -

|Item 2: Management's Discussion and Analysis of Financial
Condition and Results of Operations | 13
|--------------------------------------------------------------------------------------------- | --

|Item 3: Quantitative and Qualitative Disclosures About Market
Risk | 26
|------------------------------------------------------------------ | --

|Item 4: Controls and Procedures | 26
|------------------------------- | --

|PART II - OTHER INFORMATION | 28
|--------------------------- | --

|Item 6: Exhibits | 28
|---------------- | --

|Signatures | 32
|---------- | --

|Certifications | 37
|-------------- | --

PART I - FINANCIAL INFORMATION

Item 1: Financial Statements

NATIONSRENT COMPANIES, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)

`March 31,              December 31,
                                                                                   2006                     2005
                                                                              --------------           --------------
                                                                               (unaudited)
                                  ASSETS
Cash and cash equivalents..............................................         $   15,933               $   16,246
Marketable securities..................................................                 37                       35
Accounts receivable, net of allowances of $11,842 at March 31, 2006,
   and $12,160 at December 31, 2005....................................             76,066                   90,983
Inventories, net.......................................................             74,938                   67,875
Prepaid expenses and other assets (Note 11)............................             14,255                   14,655
Debt issuance costs, net...............................................              6,402                    6,729
Rental equipment, net..................................................            535,224                  491,564
Property and equipment, net............................................             86,360                   80,946
Intangible assets, net.................................................              8,050                    8,105
Goodwill...............................................................                307                      307
                                                                              --------------           --------------
  Total Assets.........................................................         $  817,572               $  777,445
                                                                              ==============           ==============
                   LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Accounts payable.......................................................         $  135,365               $   92,417
Accrued compensation and related taxes.................................              9,732                   18,825
Accrued expenses and other liabilities.................................             37,109                   30,943
Accrued insurance claims...............................................             14,144                   13,824
Debt, net (Note 4).....................................................            402,414                  397,534
Income taxes payable...................................................                 --                      489
Deferred income tax liability, net.....................................              1,720                    3,350
                                                                              --------------           --------------
  Total Liabilities....................................................            600,484                  557,382
                                                                              ==============           ==============
Commitments and Contingencies

Stockholders' Equity:
Preferred stock-- $0.01 par value, 1,000,000 shares authorized,
  Series A, $72,002 liquidation preference, 72,002 shares issued
  and outstanding at March 31, 2006 and December 31, 2005..............                  1                        1
Common stock-- $0.01 par value, 3,000,000 shares authorized,
  1,729,091 shares issued and outstanding at
  March 31, 2006 and December 31, 2005.................................                 17                       17
Additional paid-in capital.............................................            216,778                  217,239
Deferred stock compensation, net.......................................                 --                     (548)
Retained earnings......................................................                292                    3,354
                                                                              --------------           --------------
  Total stockholders' equity...........................................            217,088                  220,063
                                                                              --------------           --------------
  Total liabilities and stockholders' equity...........................         $  817,572               $  777,445
                                                                              ==============           ==============`

The accompanying notes are an integral part of
these condensed consolidated financial statements.

NATIONSRENT COMPANIES, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands)

`Three Months             Three Months
                                                                                  Ended                    Ended
                                                                              March 31, 2006           March 31, 2005
                                                                              --------------           --------------
Revenue:
  Equipment rentals....................................................         $  111,720                $  100,465
  Sales of equipment, merchandise, service, parts and supplies.........             49,449                    40,073
                                                                              --------------            --------------
   Total revenue.......................................................            161,169                   140,538
                                                                              --------------            --------------
Cost of revenue:
  Cost of equipment rentals............................................             65,753                    62,664
  Rental equipment and vehicle depreciation and lease expense..........             29,013                    30,486
  Cost of sales of equipment, merchandise, service, parts and supplies.             28,171                    21,896
                                                                              --------------            --------------
   Total cost of revenue...............................................            122,937                   115,046
                                                                              --------------            --------------
Gross profit...........................................................             38,232                    25,492
Operating expenses:
  Selling, general and administrative expenses.........................             30,794                    29,268
  Other depreciation and amortization..................................              2,212                     1,884
                                                                              --------------            --------------
Operating income (loss)................................................              5,226                    (5,660)
                                                                              --------------            --------------
Other (income) expense:
  Interest expense, net................................................             10,429                     7,831
  Reversal of pre-petition tax liabilities.............................                  -                       (98)
  Other, net...........................................................               (380)                     (436)
                                                                              --------------            --------------
   Total other expense.................................................             10,049                     7,297
                                                                              --------------            --------------
Loss before reorganization items and income tax benefit................             (4,823)                  (12,957)
Reorganization items, net..............................................                 --                      (180)
                                                                              --------------            --------------
Loss before income tax benefit.........................................             (4,823)                  (12,777)
  Income tax benefit...................................................             (1,760)                       --
                                                                              --------------            --------------
Net loss...............................................................         $   (3,063)               $  (12,777)
                                                                              ==============            ==============`

The accompanying notes are an integral part of
these condensed consolidated financial statements.

NATIONSRENT COMPANIES, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF
CASH FLOWS (In thousands)

`Three Months Ended       Three Months Ended
                                                                              March 31, 2006           March 31, 2005
                                                                              --------------           --------------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss...............................................................         $  (3,063)               $  (12,777)
Adjustments to reconcile net loss to net cash provided by operating
  activities:
  Depreciation and amortization........................................            31,139                    32,364
  Provision for doubtful accounts......................................             1,215                     1,586
  Amortization of deferred stock compensation..........................                87                      212
  Non-cash reorganization items........................................               ---                      (180)
  Amortization of deferred debt issuance costs and debt discount.......               739                       744
  Deferred income taxes................................................            (1,629)                       --
  Loss on disposal of non-rental equipment.............................               214                       184
  Gain on disposal of rental equipment and vehicles....................           (16,280)                  (14,094)
  Changes in operating assets and liabilities:
   Accounts receivable.................................................            13,700                     9,689
   Inventories.........................................................            (7,063)                    1,326
   Prepaid expenses and other assets...................................               401                      (247)
   Accounts payable....................................................            42,947                    21,126
   Accrued expenses and other liabilities..............................            (2,431)                       94
   Income taxes payable................................................              (662)                       --
                                                                              --------------           --------------
   Net cash provided by operating activities...........................            59,314                    40,027
                                                                              --------------           --------------
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of business................................................                --                    (6,703)
Purchases of rental equipment..........................................           (80,899)                  (66,345)
Purchases of property and equipment....................................            (3,774)                   (3,559)
Proceeds from disposal of rental equipment and vehicles................            26,059                    25,291
                                                                              --------------           --------------
  Net cash used in investing activities................................           (58,614)                  (51,316)
                                                                              --------------           --------------
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of debt issuance costs.........................................                --                      (102)
Repayments of debt ....................................................            (1,013)                     (459)
                                                                              --------------           --------------
  Net cash used in financing activities................................            (1,013)                     (561)
                                                                              --------------           --------------
Net decrease in cash and cash equivalents..............................              (313)                  (11,850)
Cash and cash equivalents, beginning of period.........................            16,246                    40,625
                                                                              --------------           --------------
Cash and cash equivalents, end of period...............................         $  15,933                $   28,775
                                                                              ==============           ==============
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
 Cash paid for interest................................................         $     422                $      212
                                                                              ==============           ==============
 Cash paid for income taxes............................................         $     531                $       --
                                                                              ==============           ==============
SUPPLEMENTAL SCHEDULE OF NON-CASH
INVESTING AND FINANCING ACTIVITIES:
 Assets acquired under capital lease obligations.......................         $   5,480                $       --
                                                                              ==============           ==============`

The accompanying notes are an integral part of
these condensed consolidated financial statements.

NATIONSRENT COMPANIES, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
March 31, 2006

| | 1. | Description of the Business
| | -- | ---------------------------

Reporting Entity

NationsRent Companies, Inc. together with its subsidiaries (the
Company) is one of the largest full-service equipment rental
companies in the United States. The Company specializes in rentals and also
sells new and used equipment with related merchandise, parts and supplies, and
provides maintenance and repair services. The Company offers a comprehensive
line of equipment and related services to a broad range of construction,
industrial and homeowner customers. The accompanying consolidated financial
statements include the accounts of the Company and its wholly-owned
subsidiaries. All significant intercompany accounts and transactions have been
eliminated.

Reorganization Under Chapter 11

On
June 13, 2003 (the Effective Date), NationsRent, Inc., a Delaware corporation,
together with its subsidiaries (the Predecessor Company or the
Debtors) emerged from proceedings under Chapter 11 (the Chapter 11
Cases) of the United States Bankruptcy Code (the Bankruptcy Code) in the
United States Bankruptcy Court for the District of Delaware (the Bankruptcy
Court) pursuant to the terms of the First Amended Joint Plan of Reorganization of
NationsRent, Inc. and its debtor subsidiaries dated February 7, 2003, as modified (the
Plan). On the Effective Date, the Predecessor Company merged into an indirect
subsidiary of the Company. In connection with its emergence from bankruptcy, the Company
reflected the terms of the Plan in its consolidated financial statements by adopting the
principles of Fresh Start Reporting in accordance with the American Institute of Certified
Public accountants (AICPA) Statement of Position (SOP) 90-7,
Financial Reporting by Entities in Reorganization under the Bankruptcy Code.
For accounting purposes, the effects of the consummation of the Plan, as well as
adjustments for Fresh-Start Reporting, were recorded in the consolidated financial
statements as of June 1, 2003. Under Fresh-Start Reporting, a new entity is deemed to be
created for financial reporting purposes and the recorded amounts of assets and
liabilities are adjusted to reflect their estimated fair values.

| | 2. | Significant Accounting Policies
| | -- | -------------------------------

Basis of Presentation

The
unaudited condensed consolidated financial statements have been prepared in accordance
with accounting principles generally accepted in the United States and with rules and
regulations of the Securities and Exchange Commission (SEC) for interim
financial reporting. In the opinion of management, the financial information included
herein reflects all adjustments considered necessary for a fair presentation of interim
results and all such adjustments are of a normal recurring nature. The preparation of
financial statements in conformity with generally accepted accounting principles requires
management to make estimates and assumptions that affect the amounts reported in the
financial statements and accompanying notes. Actual results could differ from those
estimates. Certain information and footnote disclosures normally included in complete
financial statements prepared in accordance with generally accepted accounting principles
have been condensed or omitted pursuant to such SEC rules and regulations. These unaudited
interim condensed consolidated financial statements should be read in conjunction with the
consolidated financial statements and the notes thereto included in our Annual Report on
Form 10-K for the year ended December 31, 2005. The results of operations for interim
periods are not necessarily indicative of the results which may be reported for the year
ending December 31, 2006.

The
unaudited interim condensed consolidated financial statements include the accounts of the
Company and its 100% wholly owned subsidiaries. All material intercompany transactions and
balances have been eliminated in consolidation. Comprehensive income (loss) was equal to
net income (loss) for all periods presented. Certain prior period amounts presented herein
have been reclassified to conform to the current periods presentation.

Inventories

Inventories
consist of equipment, merchandise, parts and supplies and are stated at the lower of cost
or market. The cost of new and used equipment is determined by specific identification.
The cost of merchandise, parts and supplies is determined using a weighted-average cost
basis. A provision is recorded to reduce excess or obsolete inventories to their estimated
net realizable value.

Revenue Recognition

The
Company recognizes revenue when all of the following criteria are met: (i) persuasive
evidence of an arrangement exists; (ii) delivery has occurred; (iii) the price is fixed or
determinable; and (iv) collectibility is probable.

Equipment
rentals in the consolidated statements of operations includes revenue earned on equipment
rentals, rental equipment pick-up and delivery fees, loss damage waiver fees,
environmental fees and fuel sales. Revenue earned on equipment rentals, loss damage waiver
fees and environmental fees is recognized on a straight-line basis over the rental
contract period which may be daily, weekly or monthly. Because the terms and conditions of
the rental contract can extend across financial reporting periods, the Company records
unbilled rental revenue and deferred revenue adjustments at the end of the reporting
periods so rental revenue is appropriately stated in the periods presented. Revenue earned
on rental equipment pick-up and delivery fees is recognized at the time the service is
provided.

Revenue
from the sales of equipment, parts and supplies and retail merchandise is recognized at
the time of delivery to, or pick-up by, the customer and when all obligations under the
sales contract have been fulfilled. When used rental equipment is sold, the related cost
and accumulated depreciation are removed from the respective accounts. Proceeds from the
sale and the related book value of the equipment sold are reported as revenue from sales
of equipment, merchandise, service, parts and supplies and cost of sales of equipment,
merchandise, service, parts and supplies, respectively, in the accompanying consolidated
statements of operations.

Revenue
from the sale of equipment includes revenue earned in connection with
sale/purchase agreements between the Company and certain manufacturers from whom
the Company purchases new equipment. The Company accounts for these exchanges at
fair value as monetary exchanges under Accounting Principles Board ("APB")
Opinion No. 29, Accounting for Nonmonetary Transactions, and
Statement of Financial Accounting Standard ("SFAS") No. 153, Exchange of
Nonmonetary Assets, and revenue is recognized at the time of delivery to,
or pick up by, the manufacturer. In certain instances, the sale transaction may
contain a limited subjective right of return which extends the date of revenue
recognition to the date the subjective right of return period lapses. The
Company establishes fair market value for each unit of equipment sold in
sale/purchase agreements based on independent appraisals and records
sale/purchase revenue up to but not exceeding such fair market value. Any excess
sale price over the estimated fair market value of the used equipment sold is
accounted for as a reduction of the cost of new rental equipment purchased by
the Company from the same manufacturer and is amortized as a reduction to
depreciation expense over the average useful life of the new rental equipment
purchased from the same manufacturer. The following table sets forth the amounts
related to the sale/purchase agreements:

`Three Months Ended
                                                                                   March 31, 2006     March 31, 2005
                                                                                 ------------------ -----------------
                                                                                            (in thousands)
Sale/Purchase revenue...........................................................      $    6,098       $    3,581
Excess sale price recorded as reduction of new equipment cost...................      $      583       $      251
Amortization of excess sale price...............................................      $       66       $       34
Unamortized balance of excess sale price at end of period.......................      $    1,923       $    1,121`

Income Taxes

The
Company files a consolidated federal income tax return with its wholly-owned subsidiaries.
Under the liability method, deferred tax assets and liabilities are determined based on
differences between the financial reporting and tax bases of assets and liabilities using
the enacted tax rates and laws that will be in effect when the differences are expected to
reverse. Recognition of deferred tax assets is limited to amounts where expected
realization in future periods is deemed to be more likely than not.

| | 3. | Business Acquisition
| | -- | --------------------

In
January 2005, the Company acquired substantially all of the assets of an equipment rental
company for total consideration of approximately $7,617,000, including acquisition costs.
The Company did not assume any liabilities. Of the total purchase price, $500,000 was
retained by the Company pending any post closing adjustments related to deficiencies in
the acquired assets. As a result of the Companys post closing review, in July 2005,
the Company paid approximately $412,000 after post closing adjustments. Also, in
connection with the acquisition, the Company agreed to pay 50%, up to a maximum of
$200,000, to the former owner for certain potential income tax implications related to the
tax allocation of purchase price. The final amount will be determined upon review of the
former owners completed income tax returns. Any future payments made related to this
contingency will be considered additional purchase price and allocated accordingly to
goodwill.

The
purchase price of approximately $7,417,000 (excluding $200,000 of contingent purchase
price) was allocated to the assets acquired, primarily rental equipment, based on their
estimated fair values at the date of acquisition. The excess purchase price over the fair
values of assets acquired of $307,000 was allocated to goodwill. The purchase price
allocation is preliminary and will be adjusted once the outcome of all purchase price
contingencies are resolved. In accordance with SFAS No. 142, Goodwill and Other
Intangible Assets, goodwill is no longer amortized, but is tested at least annually
for impairment.

The
results of operations of the acquired business have been included in the Companys
consolidated statement of operations since the acquisition date and did not have a
material impact on the Companys results of operations. The pro forma results of
operations, assuming the acquisition took place at the beginning of the periods presented,
were not significantly different from the Companys reported results of operations.

| | 4. | Debt
| | -- | ----

Debt
consists of the following:

`March 31,    December 31,
                                                                                             2006           2005
                                                                                         ------------- ---------------
                                                                                                (in thousands)
Senior secured notes payable due 2010...................................                  $  250,000     $   250,000
Unamortized debt discount--Senior Secured Notes.......................................        (5,565)         (5,869)
Senior unsecured notes due 2015......................................................        150,000         150,000
Unamortized debt discount--Senior Unsecured Notes.....................................        (3,952)         (4,060)
Capital lease obligations payable....................................................          5,480              --
Other notes payable..................................................................          6,451           7,463
                                                                                         --------------- ---------------
Total debt...........................................................................     $  402,414     $   397,534
                                                                                         =============== ===============`

Senior Secured Notes

In
October 2003, the Company completed a private offering of $250,000,000 aggregate principal
amount of 9.5% senior secured notes due 2010 (the Original Senior Secured
Notes). The Company pays interest on the notes semi-annually in cash, in arrears, on
October 15 and April 15, at an annual interest rate of 9.5%. The notes mature on October
15, 2010. The net proceeds were used to repay amounts outstanding under the Credit
Facility (as defined below), equipment-related purchase money obligations, equipment
leases and for other general corporate purposes.

In
September 2004, the Company completed a registered exchange offer with 100% of the
Original Senior Secured Notes being exchanged for new 9.5% senior secured notes (the
New Notes, and together with the Original Senior Secured Notes, the
Senior Secured Notes). The New Notes have substantially identical terms as the
Original Senior Secured Notes, except that the New Notes are freely transferable. The New
Notes evidence the same debt as the Original Senior Secured Notes, are entitled to the
benefits of the indenture governing the Original Senior Secured Notes and are treated
under the indenture as a single class with the Original Senior Secured Notes.

The
Company may redeem all of the Senior Secured Notes on or after October 15, 2007. The
Company may also redeem up to 35% of the notes prior to October 15, 2006 with the net
proceeds of an equity offering at 109.5% of their principal amount, plus accrued interest;
provided that at least 65% of the aggregate principal amount of the notes issued must
remain outstanding after such redemption.

The
Senior Secured Notes were issued by NationsRent Companies, Inc. and are guaranteed by all
of its direct and indirect subsidiaries. NationsRent Companies, Inc. has no independent
assets or operations, the guarantees are full and unconditional and joint and several, and
there are no other subsidiaries other than the guarantors. There are no significant
restrictions on the ability of NationsRent Companies, Inc. to obtain funds from its
subsidiaries.

The
Senior Secured Notes and the guarantees are secured by a first priority lien on
substantially all of the Companys and its subsidiaries rental equipment (other
than titled vehicles), subject to certain permitted liens. The Company is required to
certify each December and June during the term of the Senior Secured Notes that its
collateral value coverage ratio, as defined, is at least 2.0 to 1.0. At December 31, 2005,
the Company was in compliance with this requirement.

The
indenture governing the Senior Secured Notes contains various affirmative and negative
covenants, subject to a number of important limitations and exceptions, including
limitations on the Companys ability to incur additional indebtedness or enter into
sale and leaseback transactions; limitations on the Companys ability to repay or
prepay subordinated indebtedness; certain restrictions on dividends, stock redemptions and
other distributions; restrictions on making certain investments or acquisitions; and
restrictions on the Companys ability to grant liens on assets, enter into
transactions with stockholders and affiliates, merge, consolidate or transfer assets. The
indenture also contains various customary events of default.

In
April 2005, the Company amended the indenture governing the Senior Secured Notes with
approval from the requisite number of consents of the holders of the Senior Secured Notes,
to allow the Company to redeem all of its outstanding 6.5% Convertible Subordinated Notes
due 2008 which had an aggregate principal amount of $45,211,000. In June 2005, the Company
redeemed its convertible subordinated notes. At December 31, 2005 and March 31, 2006, the
Company had approximately $90,000 of unpaid principal plus $13,000 of accrued interest
related to the redeemed Convertible Subordinated Notes included in accrued expenses and
other liabilities in the accompanying condensed consolidated balance sheets. These amounts
were paid in April 2006.

Senior Unsecured Notes

In
April 2005, the Company completed a private offering of $150,000,000 aggregate principal
amount of 9.5% senior unsecured notes due 2015 (the Original Senior Unsecured
Notes). The Company will pay interest on the notes semi-annually in cash, in
arrears, on May 1 and November 1, which payments began on November 1, 2005, at an annual
rate of interest of 9.5%. The Senior Unsecured Notes will mature on May 1, 2015. The
Company used a portion of the proceeds from the offering to redeem the Companys
outstanding 6.5% Convertible Subordinated Notes due 2008 and the Company will use the
remaining net proceeds from the offering for general corporate purposes.

In
July 2005, the Company completed a registered exchange offer with 100% of the Original
Senior Unsecured Notes being exchanged for new 9.5% senior unsecured notes (the New
Unsecured Notes, and together with the Original Senior Unsecured Notes, the
Senior Unsecured Notes). The New Unsecured Notes have substantially identical
terms as the Original Senior Unsecured Notes, except that the New Unsecured Notes are
freely transferable. The New Unsecured Notes evidence the same debt as the Original Senior
Unsecured Notes, are entitled to the benefits of the indenture governing the Original
Senior Unsecured Notes and are treated under the indenture as a single class with the
Original Senior Unsecured Notes.

The
Company may redeem all of the Senior Unsecured Notes on or after May 1, 2010. The Company
may also redeem up to 35% of the Senior Unsecured Notes prior to May 1, 2009 with the net
proceeds of an equity offering at 109.5% of their principal amount, plus accrued interest;
provided that at least 65% of the aggregate principal amount of the notes issued must
remain outstanding after such redemption.

The
Senior Unsecured Notes were issued by NationsRent Companies, Inc. and are guaranteed by
all of its direct and indirect subsidiaries. NationsRent Companies, Inc. has no
independent assets or operations, the guarantees are full and unconditional and joint and
several, and there are no other subsidiaries other than the guarantors. There are no
significant restrictions on the ability of NationsRent Companies, Inc. to obtain funds
from its subsidiaries.

The
indenture governing the Senior Unsecured Notes contains various customary affirmative and
negative covenants, subject to a number of important limitations and exceptions,
including, limitations on the Companys ability to incur additional indebtedness or
enter into sale and leaseback transactions; limitations on the Companys ability to
repay or prepay subordinated indebtedness; certain restrictions on dividends, stock
redemptions and other distributions; restrictions on making certain investments or
acquisitions; and restrictions on the Companys ability to grant liens on assets,
enter into transactions with stockholders and affiliates, merge, consolidate or transfer
assets. The indenture also contains various customary events of default.

Credit Facility

In
June 2003, the Company entered into a senior secured revolving credit facility (the
Credit Facility) with an aggregate commitment of up to $150,000,000 with a
syndicate of lenders. The Credit Facility was used to provide the exit financing for the
Company pursuant to the Plan, to pay transaction expenses incurred in connection therewith
and to refinance then existing indebtedness. In October 2003, the Company amended and
restated the Credit Facility to reduce the aggregate commitments to up to $75,000,000
(including a $30,000,000 sub-limit for letters of credit) and repaid all amounts
outstanding under the Credit Facility with the proceeds of the offering of Senior Secured
Notes. In December 2004, the Company entered into a second amendment to the Credit
Facility to amend certain items including extending the maturity date. In April 2005, the
Company amended and restated the Credit Facility (the Amended and Restated Credit
Facility) to, among other things, increase the availability from $75,000,000 up to
$100,000,000 (including a $40,000,000 sub-limit for letters of credit) and extend the
maturity of the facility to April 2010.

Under
the terms of the Amended and Restated Credit Facility, availability is subject to a
borrowing base test based upon eligible trade accounts receivable, titled vehicles and
real estate. Borrowings under the Amended and Restated Credit Facility bear interest at
floating rates equivalent to either a base rate, as defined therein, plus a margin ranging
from 0.25% to 1.00% or the London Interbank Offered Rate (LIBOR) plus a margin
ranging from 1.50% to 2.50%. Letters of credit fees range from 1.50% to 2.50%. There is an
unused commitment fee ranging from 0.375% to 0.50% and a letter of credit fronting fee of
0.125%. The Amended and Restated Credit Facility is secured by a first lien on the
Companys assets, except for the Companys rental equipment and inventory. The
facility is also secured by a pledge of the capital stock of the Companys
subsidiaries. The Company may also grant to the lenders under such facility certain
mortgages and other security interests on certain real property owned by the Company.

The
Amended and Restated Credit Facility is available to (i) refinance existing indebtedness,
(ii) finance ongoing capital expenditures and working capital needs, (iii) issue standby
letters of credit and (iv) fund other general corporate purposes. The facility contains
various affirmative and negative covenants customary for similar working capital
facilities. The Amended and Restated Credit Facility also contains certain customary
events of default. In addition, the Company must maintain a debt to cash flow ratio, as
defined, of not greater than 3.00 to 1.00 for the trailing 12-month period for each fiscal
quarter. At March 31, 2006, the Company was in compliance with this requirement.

As
of March 31, 2006, the Company had no cash borrowings under the Amended Credit Facility
and availability under the Amended Credit Facility amounted to $57,900,000, after taking
into account approximately $23,000,000 in outstanding letters of credit.

Capital Lease Obligations

Capital
lease obligations represent leases that meet the criteria for treatment as
capital leases under accounting principles generally accepted in the United
States. During the first quarter of 2006, the Company entered into a capital
lease for the purchase of delivery vehicles. Lease expenses for the three months
ended March 31, 2006 and 2005 amounted to approximately $86,000 and zero,
respectively.

Other Notes Payable

Other
notes payable consist of short-term finance obligations for the purchase of certain rental
equipment and the payment of insurance premiums.

| | 5. | Floor Plan Payable
| | -- | ------------------

During
2005, the Company entered into equipment floor plan arrangements with CNH Capital America
LLC, an affiliate of Case Corporation, for Case equipment and with LBX Company LLC for
Link-Belt equipment. The terms of these arrangements generally include up to six months
interest free payment terms followed by a term during which interest is charged at
prevailing market rates. Principal payments are generally due at the earlier of sale of
the equipment or up to twenty-four months from the invoice date. Additionally, the Company
is required to pay curtailments on equipment that is placed in the Companys rental
fleet, based upon the original cost of the equipment and hourly usage. Curtailments are
applied against the outstanding principal of the equipment obligation. The floor plan
obligations are collateralized by the specific equipment. At March 31, 2006 and December
31, 2005, the Company had approximately $18,473,000 and $10,573,000, respectively,
outstanding under these floor plan arrangements, which is included in accounts payable in
the accompanying condensed consolidated balance sheets.

| | 6. | Reorganization Items, Net
| | -- | -------------------------

Reorganization
income of $180,000 for the three months ended March 31, 2005 resulted from changes in
estimates related to accrued professional fees related to the Companys emergence
from bankruptcy.

| | 7. | Income Taxes
| | -- | ------------

The
Companys income tax benefit was $(1,760,000) for the three months ended March 31,
2006. There was no income tax benefit or provision for the three months ended March 31,
2005. The Companys calculation of its estimated annual effective tax rate takes into
account the geographical distribution of the Companys taxable income for state
purposes, changes to the Companys valuation allowance for deferred tax assets for
federal and state purposes, and tax planning opportunities that may be available to the
Company in the various jurisdictions in which it operates. The assumptions used in
determining the estimated annual effective tax rate are subject to change and may impact
this calculation. Significant or unusual items are separately recognized in the period in
which they occur.

| | 8. | Restricted Stock
| | -- | ----------------

In
June 2003, the Company adopted a restricted stock plan (the Restricted Stock
Plan), pursuant to which directors, officers, management and key employees of the
Company are eligible to receive grants of restricted shares of common stock. Under the
Restricted Stock Plan, the Company may grant up to an aggregate of 141,000 shares of
common stock. Such restricted shares are not transferable (except under limited
circumstances) and subject to forfeiture upon such terms and conditions as the
Companys Board of Directors or any committee thereof (if so delegated by the Board)
shall determine.

The
Company issued 3,292 and 125,617 shares of common stock valued at $71.59 per
share during 2004 and 2003, respectively, to certain of its officers and
directors under the Restricted Stock Plan. At the time of issuance, these shares
of restricted stock were subject to various vesting schedules. Effective January
1, 2006, the Company adopted SFAS No. 123(R), Share-Based Payment
(SFAS No. 123(R)). SFAS No. 123(R) requires that the cost relating to
share-based payment transactions, including share options, restricted share
plans, and employee share purchase plans, be recognized in financial statements.
The cost of these transactions will be measured based on the fair value of the
equity or liability instruments issued. Through December 31, 2005, the Company
used the intrinsic value method to account for stockbased awards to
employees under APB Opinion No. 25, Accounting for Stock Issued to
Employees. The Company has adopted SFAS 123(R) using the modified
prospective transition method in which compensation expense on the unvested
portion of the awards is recognized over the remaining vesting period.

The
impact of adopting SFAS 123(R) for the quarter ended March 31, 2006 was not significant as
the Company was already recognizing compensation expense for these shares as they vest.
Compensation expense is included in selling, general and administrative expenses in the
accompanying consolidated statements of operations.

Compensation
expense is as follows:

`Three Months Ended
                                                                                 March 31, 2006    December 31, 2005
                                                                                 --------------    -----------------
                                                                                            (in thousands)

Compensation expense..........................................                   $           87     $           212
                                                                                 ==============     ================`

Prior
to the adoption of SFAS 123(R), deferred stock compensation, arising from the issuance of
restricted shares, was charged for the difference between the market value of the
restricted shares and the sales price of the shares and was recorded as a reduction of
stockholders equity in the accompanying consolidated balance sheets. Upon the
adoption of SFAS 123(R), the deferred compensation balance at March 31, 2006, of
approximately $461,000 was reclassified to additional paid-in capital. The unamortized
compensation expense of $461,000, which is related to the 19,680 unvested restricted
shares, will be amortized over a weighted average period of 1.4 years.

| | 9. | Rental Equipment, net
| | -- | ---------------------

Rental
equipment, net consists of the following:

`March 31,      December 31,
                                                                                          2006             2005
                                                                                     --------------- ---------------
                                                                                              (in thousands)

Rental equipment.................................................................     $     759,602    $     697,858
Less: accumulated depreciation...................................................          (224,378)        (206,294)
                                                                                      --------------   ---------------
Rental equipment, net............................................................     $     535,224    $     491,564
                                                                                      ==============   ===============`

| | 10. | Property and Equipment, net
| | --- | ---------------------------

Property
and equipment, net consists of the following:

`March 31,      December 31,
                                                                                          2006             2005
                                                                                     --------------- ---------------
                                                                                              (in thousands)


Land, buildings and improvements................................................      $      47,614    $      46,679
Furniture, fixtures and office equipment........................................             17,523           15,900
Vehicles, delivery and shop equipment...........................................             62,473           55,115
Construction in progress........................................................              2,175            3,381
                                                                                      --------------   ---------------
                                                                                            129,785          121,075
Less: accumulated depreciation and amortization.................................            (43,425)         (40,129)
                                                                                      --------------   ---------------
Property and equipment, net.....................................................       $     86,360    $      80,946
                                                                                      ==============   ===============`

At
March 31, 2006 and December 31, 2005, construction in progress included approximately
$400,000 and $1,319,000 of software related costs, respectively.

| | 11. | Related Party Transactions
| | --- | --------------------------

TREC,
LLC, an entity affiliated with Bryan Rich, one of the Companys Co-Chairmen, and
certain affiliates of TREC, LLC, are currently leasing three locations to the Company.
Payments for such locations totaled approximately $173,000 for each of the three months
ended March 31, 2006 and 2005.

The
Company leases certain facilities from family members of one of its Co-Chairmen. Payments
for such leases totaled approximately $53,000 and $83,000 for the three months ended March
31, 2006 and 2005, respectively.

In
November 2003, the Company created a limited housing assistance program for
certain key employees, which consisted of certain interest free short-term
bridge loans and interest free long-term loans to assist with relocation to Ft.
Lauderdale, Florida. The short-term bridge loans were repaid in full during
2004. The outstanding aggregate balance of the three long-term loans was
$2,249,000 and $2,373,000 at March 31, 2006 and December 31, 2005, respectively.
These amounts are included in prepaid expenses and other assets in the
accompanying consolidated condensed balance sheets.

| | 12. | Subsequent Events
| | --- | -----------------

On
April 27, 2006, the Company entered into a Wholesale Financing Agreement (the
Facility) with an uncommitted initial maximum availability of up to
$25,000,000. The Facility is available to finance purchases of rental equipment and new
equipment inventory on a short-term basis. The Facility is secured on a first priority
basis by the equipment financed thereunder and a letter of credit in an amount equal to
10% of the maximum availability, currently $2,500,000. Advances with respect to each item
of the equipment financed under the Facility mature on the earlier of (i) 360 days after
the invoice date of such equipment or (ii) ten days after such item of equipment is sold
or disposed. Advances under the Facility bear interest at a floating rate equal to the
prime rate minus 0.35%, subject to a minimum interest rate of 5.15%. The Facility contains
various customary affirmative and negative covenants and events of default.

Item 2: Management's Discussion and Analysis of Financial Condition and Results
of Operations

You
should read the following discussion of our results of operations and financial condition
in conjunction with our financial statements and related notes.

# Overview

In
June 2003 we embarked on a new strategy to become a premier full service equipment
provider in the construction equipment industry in terms of safety, reputation and
financial performance. Since then we have focused on rebuilding our customer
relationships, repositioning and renewing our rental fleet, and providing the motivation
and training to our people to make them more effective. We believe that we have achieved
several important milestones on the road to building a premier full-service equipment
company. We have replaced a substantial portion of our rental fleet with newer name brand
fleet. We have upgraded our information systems to the industry standard. We have
implemented training and compensation programs to facilitate our transition from a
rental-only focus to a full service customer-oriented model. Our recent results of
operations reflect these and other key initiatives launched since our emergence from
bankruptcy in June 2003 as well as certain economic and industry factors.

Our Initiatives

In
the first quarter of 2006, we continued to execute on several of our core strategies that
impacted our results of operations:

| |  | We continue to reinvest the proceeds of used equipment sales to replenish and
grow our rental fleet. This is allowing us to continue to reduce our fleet age
and improve our overall fleet mix. It is also allowing us to accelerate the
transition of our fleet to a core group of leading brands and dispose of fleet
that does not meet our return hurdles.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | We believe that the improvements in, and growth of, our rental fleet discussed
above have contributed to higher deployment and pricing which has led to growth
in our rental revenue. In the first quarter of 2006 as compared to the same
period in 2005, we grew our rental fleet approximately 3.4% to an average first
cost of approximately $957.7 million.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | During the first half of 2005, we completed the implementation of a new point of
sale system to better support our key initiatives. We believe that the
distractions associated with this implementation coupled with the ramp up time
in getting the system to operate as expected have negatively impacted our
operating results, including our rental revenue growth, for 2005. We believe
that most of the disruptions caused by the transition to this new point of sale
system are now largely behind us.
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | We continued to emphasize sales of equipment through implementing training and
targeted incentive compensation programs, establishing dealer and distributor
relationships and increasing inventories of new equipment available for sale.
The result was that a significant portion of our revenue growth was from the
sale of new equipment. In addition, we continued our pace of sales of used
equipment to take advantage of the strong market pricing for used
equipment.
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | As part of our continuing strategy to expand our customer service offerings and
as an authorized dealer and distributor of several major brands of new equipment
at certain of our locations, we continued to build up our new equipment and
parts inventories. We generally align our inventories of new equipment and parts
with the types and brands of equipment and parts that we purchase for our rental
fleet in order to provide flexibility to our customers, reduce maintenance costs
and improve operator and mechanic training.
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | One of our most important initiatives that we started in 2003 was to focus our
workforce on creating a safer work environment. Our safety program is continuing
to result in reductions in our insurance costs in 2006.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Economic and Industry Factors

In
the first quarter of 2006, we believe that the following external factors had an impact on
our results of operations:

| |  | Non-residential construction activity continued to grow in the first quarter of
2006 which has had a positive impact on our rental and sales revenue.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Demand for construction equipment in the U.S. relative to supply remains strong, as
reflected by continued strong market pricing for used equipment. As discussed above, we
continue to take advantage of this favorable market, grow our sales of used equipment, and
accelerate the replacement of a significant portion of our rental fleet.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Throughout 2005, increased demand for construction equipment resulted in
extended delivery times for our purchases of rental fleet and new equipment
inventory. This required us to plan for our equipment purchases well in advance
of our expected needs. We believe that these extended delivery times are
returning to more manageable levels in 2006.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Worldwide price increases for raw materials and energy have led to an increase
in our equipment costs from many of our manufacturers. Our sales prices and
rental rates generally have increased in advance of these cost increases. We
believe that as long as the demand for construction equipment exceeds the
supply, rental rates and the resale value of used equipment will continue to
rise, thereby offsetting much of the increased equipment costs.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Recent significant increases in the cost of fuel in the United States have led
to increased expense for both off-road and on-road fuel. We purchase a
significant quantity of off-road and on-road diesel and gasoline fuel. Off-road
fuel is primarily sold to customers for use in our rental equipment, and on-road
fuels are consumed primarily in the operation of our delivery vehicles. In
response to these increases, we raised the price we charge our customers for use
of off-road fuels. Increased costs for on-road fuels, however, are not as
directly offset by increased prices to our customers. Competitive pressures
often do not allow us to pass on these increased costs to our customers, and we
must therefore absorb a portion of the increased costs of fuel. Further
significant fuel price increases may potentially reduce our gross profit margin
on rentals to the extent we are unable to pass these higher fuel costs on to our
customers.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Impact of Fresh-Start Reporting

On
June 13, 2003 (the Effective Date), NationsRent emerged from bankruptcy
proceedings under Chapter 11 of Title 11 of the U.S. Bankruptcy Code pursuant to the Plan
of Reorganization. We recognized the effects of the reorganization for accounting purposes
on June 1, 2003. Accounting for the reorganization had a significant effect on the
carrying value of our assets and liabilities, which makes comparing and understanding the
results of our operations from prior to the Effective Date to after the Effective Date
more difficult.

In
connection with our emergence from bankruptcy, we determined the fair value of our assets
and liabilities pursuant to the AICPAs SOP 90-7, Financial Reporting by
Entities in Reorganization Under the Bankruptcy Code. The excess of the fair value
of our assets, net of the fair value of our liabilities, over our reorganization value
(negative goodwill) at the Effective Date was recorded as a pro rata reduction of the
carrying value of our long-lived assets in accordance with SFAS No. 141, Business
Combinations. Accordingly, on the Effective Date, our rental fleet and property and
equipment were written down by approximately 44% below fair value, representing a
write-down of approximately $179.1 million and $34.4 million, respectively.

Until
these assets are disposed, the write-downs recorded as a result of fresh-start reporting
increase our operating income (or decrease our operating loss), because:

| |  | they increase the gain, or reduce the loss, on sale or disposal of these assets;
| | - | --------------------------------------------------------------------------------

| |  | they reduce the depreciation expense we record on these assets while in our
rental fleet; and
| | - | ---------------------------------------------------------------------------------------------

| |  | they reduce depreciation expense on non-rental assets, such as our delivery
vehicles, our leasehold improvements and our information systems.
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------

These
favorable effects on our results of operations will continue until all of the assets
written down have been sold, disposed or fully depreciated. At March 31, 2006, there was
approximately $10.0 million of estimated fresh start adjustments remaining in our rental
fleet, and approximately $18.1 million remaining in our property and equipment accounts.
We expect that most of the remaining fresh start adjustments in our rental fleet will
affect our results of operations in 2006 and 2007 either through reduced depreciation or
adjustments to the gain (loss) on disposal. The majority of the remaining fresh start
adjustments in our property and equipment accounts relate to adjustments recorded to
leasehold improvements and owned real property. These assets have much longer lives and
are not generally disposed of at the same rate as our rental fleet. As a result, the
remaining adjustments in our property and equipment accounts will reduce depreciation
expense on these long-lived assets over the remaining useful lives of 5 to 20 years.

# Results of Operations

Three Months Ended March 31, 2006 as Compared to Three
Months Ended March 31, 2005

`Variance
                                                   Three Months Ended March 31,        favorable/(unfavorable)
                                                ----------------------------------   ----------------------------
                                                       2006             2005              $                %
                                                ----------------  ----------------   ------------- --------------

                                                                       (dollars in thousands)
Revenue:
Equipment rentals revenue.....................    $   111,720      $   100,465     $     11,255            11.2
Rental equipment sales........................         26,059           25,291              768             3.0
New equipment sales...........................         16,063            8,687            7,376            84.9
Sales of merchandise,
  service, parts and supplies.................          7,327            6,095            1,232            20.2
                                                  --------------   --------------   --------------    ------------
Total revenue.................................        161,169          140,538           20,631            14.7
                                                  --------------   --------------   --------------    ------------
Cost of revenue:
Cost of equipment rentals.....................         65,753           62,664           (3,089)           (4.9)
Rental equipment and vehicle depreciation
  and lease expense...........................         29,013           30,486            1,473             4.8
Cost of sales of equipment,
  merchandise, service, parts and supplies....         28,171           21,896           (6,275)          (28.7)
                                                  --------------   --------------   --------------    ------------
Total cost of revenue.........................        122,937          115,046           (7,891)           (6.9)
                                                  --------------   --------------   --------------    ------------
Gross profit:
Gross profit on equipment rentals
  including  equipment and vehicle  depreciation
  & lease
  expense.....................................         16,954            7,315            9,639           131.8
Gross profit on sales of equipment,
  merchandise, service, parts and supplies....         21,278           18,177            3,101            17.1
                                                  --------------   --------------   --------------    ------------
Total gross profit............................         38,232           25,492           12,740            50.0
                                                  --------------   --------------   --------------    ------------
Operating expenses:
Selling, general and administrative expenses..         30,794           29,268           (1,526)           (5.2)
Non-rental equipment depreciation
  & amortization..............................          2,212            1,884             (328)          (17.4)
                                                  --------------   --------------   --------------    ------------
Operating income (loss).......................          5,226           (5,660)          10,886             -
                                                  --------------   --------------   --------------    ------------
Interest expense, net.........................         10,429            7,831           (2,598)          (33.2)
Reversal of pre-petition tax liabilities......             --              (98)             (98)            --
Other, net....................................           (380)            (436)             (56)            --
                                                  --------------   --------------   --------------    ------------
                                                       10,049            7,297           (2,752)          (37.7)
                                                  --------------   --------------   --------------    ------------
Loss before  reorganization items and income tax
  benefit.....................................         (4,823)         (12,957)           8,134            62.8
Reorganization items, net.....................             --             (180)            (180)            --
                                                  --------------   --------------   --------------    ------------
Loss before income tax benefit................         (4,823)         (12,777)           7,954            62.3
Income tax benefit............................         (1,760)              --            1,760             --
                                                  --------------   --------------   --------------    ------------
  Net loss....................................    $     (3,063)    $   (12,777)      $    9,714            76.0
                                                  ==============   ==============   ==============    ============`

Revenue. Equipment rentals revenue increased in the first quarter of 2006
as compared to the same period in 2005 as a result of improved pricing and
higher deployment, which resulted from:

| |  | increased non-residential construction activity;
| | - | ------------------------------------------------

| |  | continued strong demand for our equipment; and
| | - | ----------------------------------------------

| |  | a greater number of rental units deployed.
| | - | ------------------------------------------

Utilization
in the first quarter of 2006 was 46.7% compared to 43.4% in the same period in 2005. We
believe that the higher deployment discussed above was the key factor in the increase.

Utilization,
measured as total annualized rental revenue divided by the average first cost of
the rental fleet over the applicable period, is used as a relative measure of
financial return on the investment in our rental fleet. For equipment acquired
new or used, first cost is the purchase price paid for the equipment. For
equipment acquired in connection with business acquisitions, first cost is the
estimated fair value of such equipment. Utilization is affected by changes in
pricing, deployment and average first cost of rental fleet. Pricing is affected
by changes in rental rates, contract length and mix of fleet on rent.

Sales
of new equipment increased in the first quarter of 2006 as compared to the same period in
2005 primarily as a result of our continued emphasis on sales of new equipment.

Gross
profit. Gross profit margin on equipment rentals, including equipment and vehicle
depreciation and lease expense, increased from 7.3% in the first quarter of 2005 to 15.2%
in the first quarter of 2006.

Gross
profit on equipment rentals increased primarily as a result of:

| |  | the $11.3 million increase in revenue; and
| | - | ------------------------------------------

| |  | a $1.6 million decrease in depreciation expense primarily related to rental
equipment that became fully depreciated in 2005.
| | - | ----------------------------------------------------------------------------------------------------------------------------

The increase in gross profit on equipment rentals was partially
offset by:

| |  | a $0.8 million increase in employee-related expenses primarily related to increased
headcount to support our key initiatives as well as increased labor costs in general;
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a $0.9 million increase in personal property taxes related to the replacement of
fully depreciated equipment and vehicles with new equipment and vehicles; and
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a $0.9 million increase in fuel expense.
| | - | ----------------------------------------

Gross
profit margin on sales of equipment, merchandise, service, parts and supplies decreased
from 45.4% in the first quarter of 2005 to 43.0% for the same period in 2006. The decrease
was primarily a result of the increase in new equipment sales at lower gross profit
margins.

Gross
profit on rental equipment sales increased from 57.8% in the first quarter of 2005 to
65.4% in the same period in 2006 primarily as a result of continued improvement in pricing
due to strong demand for equipment.

In
addition, gross profit on the sale of rental equipment was positively impacted as a result
of implementing fresh start reporting. The following table presents normalized gross
profit and gross profit margins for rental equipment sales after removing the estimated
effect of fresh start reporting ($ in millions):

`Three Months Ended March 31,
                                                              -------------------------- -----------------------------
                                                                            2006                  2005
                                                              -------------------------- -----------------------------
Reported gross profit.......................................     $  17.1          65.4%     $  14.6           57.8%
                                                              --------------                -----------

Write-down on Effective Date(1).............................        (8.3)                      (9.0)

Additional depreciation expense(2)..........................         7.7                        6.7
                                                              --------------                 -----------
Net change resulting from fresh-start.......................        (0.6)                      (2.3)

Normalized gross profit.....................................      $ 16.5          63.3%     $  12.3           48.6%
                                                              ==============                ============`

_________________

(1) Represents the write down on the Effective Date as a result of fresh
start reporting on rental fleet sold in the respective
period.

(2) Represents the estimated additional depreciation expense on the rental
fleet that would have been recorded since the Effective Date had such equipment
not been written down on the Effective Date.

Operating
expenses. Operating expenses increased in 2006 primarily as a result of a $2.7 million
increase in permanent and temporary labor expenses required to support our growth
initiatives.

The
increase in operating expenses was partially offset by a $1.6 million decrease in
administrative expenses relating to professional fees, sales tax expense and provision for
doubtful accounts.

Selling,
general and administrative expenses as a percentage of total revenue was 19.1% in the
first quarter of 2006 compared to 20.8% for the same period in 2005.

Interest
expense, net. The increase in interest expense in the first quarter of 2006 compared
to the same period in 2005 primarily relates to interest incurred on our 9.5% Senior
Unsecured Notes due 2015 which were issued in April 2005, partially offset by a reduction
in interest incurred on our Convertible Subordinated Notes payable, which were redeemed or
converted into equity in June 2005.

Income
tax benefit. The income tax benefit relates to losses incurred in the first quarter of
2006. During the quarter ended March 31, 2005, the provision for income taxes was zero
primarily as a result of net operating loss carryforwards.

# Liquidity and Capital
Resources

In
our statements of cash flows included elsewhere in this report, cash flows from operations
do not include purchases of rental equipment and proceeds from the sale of rental
equipment, which are included in cash flows from investing activities. When evaluating our
cash flow it is important to consider cash flows from the purchase and sale of our rental
equipment in conjunction with operating cash flow. Purchasing and selling rental fleet to
manage fleet mix and fleet age is an integral part of our business and failure to consider
cash flows from these activities would not accurately reflect the operating cash needs of
our business.

Sources and Uses of Cash

Our
business is highly capital intensive as a result of our significant investment in rental
equipment and delivery vehicles. The annual capital expenditures necessary to maintain,
replace and grow our fleet are substantial. While during any given year we can manage the
replacement requirements by reducing or increasing the amount of used equipment we sell or
by deferring the purchase of replacement rental fleet, the annual cash needs are
nonetheless considerable. In addition, while less significant, we must make annual
expenditures to maintain and invest in new and improved information systems, and to
upgrade and maintain our store locations.

In
connection with the completion of our reorganization, certain of our current stockholders
invested $80.0 million through the purchase of a combination of common stock, preferred
stock and convertible subordinated notes. These funds, along with funds obtained from our
then existing credit facility, were used to pay the costs of our reorganization, to
purchase rental fleet previously financed under leases, and for general working capital
purposes. In October 2003, we issued $250.0 million in senior secured notes and used the
net proceeds to fund the purchase of new and replacement rental fleet, and to retire then
existing other indebtedness. In April 2005, we issued $150.0 million in senior unsecured
notes and used the net proceeds for general corporate purposes and to redeem a portion of
our outstanding convertible subordinated notes. Detailed descriptions of our Credit
Facility, Senior Secured Notes and Senior Unsecured Notes are included in the discussion
under Debt and Other Obligations which follows.

Cash Flows

In
the first quarter of 2006, we had sufficient cash on hand and cash generated from
operations and financing activities to meet our cash needs. We generated cash primarily
from the following sources (in millions):

`Three Months Ended
                                                                        March 31,
                                                              ---------------------------
                                                                  2006         2005
                                                              ------------- -------------
Cash from operations........................................     $  59.3       $  40.0
Proceeds from the sale of rental equipment and vehicles.....        26.1          25.3
                                                               ------------ -------------
                                                                 $  85.4       $  65.3
                                                               ============ =============`

We
used cash primarily for:

`Three Months Ended
                                                                        March 31,
                                                              ---------------------------
                                                                  2006         2005
                                                              ------------- -------------
Purchases of rental equipment...............................     $  80.9      $  66.3
Purchase and improvement of property and equipment..........         3.8          3.6
Acquisition of business.....................................        --            6.7
                                                              ------------- -------------
                                                                 $  84.7      $  76.6
                                                               ============ =============`

As
of March 31, 2006, we had no borrowings under our credit facility, and our availability
under this facility was $57.9 million, after taking into account $23.0 million of
outstanding letters of credit.

Adequacy of Capital Resources

Our
sources of cash over the next twelve months are expected to be cash on hand, cash
generated from operations, proceeds from the sale of rental equipment, floor plan and
other short-term financings and borrowings under our credit facility. We also may use
operating leases to finance delivery vehicles.

Our
uses of cash over the next twelve months are expected to be principally for the
purchase of new and replacement rental equipment and other non-rental capital
expenditures, for working capital needs and for debt service, which is primarily
payment of $38.0 million of interest on our Senior Secured and Senior Unsecured
Notes. We are currently planning rental equipment expenditures over the next
twelve months, net of proceeds from sales of rental equipment, of approximately
$70.0 million. We estimate that capital expenditures for non-rental assets over
the next twelve months will approximate $15.0 million, primarily for delivery
vehicles, information systems and store improvements. Capital expenditures in
future years will depend on several factors, including economic conditions and
our growth prospects at the time.

We
believe that our existing infrastructure of stores is largely sufficient to support our
current and near-term operating activities. In addition, while we are presently focused
primarily on internal growth, we may explore additional new store openings and strategic
acquisitions that may be available in desirable locations or at favorable prices. If these
activities are significant, we may be required to raise additional capital through debt or
equity financing.

We
believe we can fund our planned business activities during the next twelve months with the
sources of cash described above.

Debt and Other Obligations

Senior
Secured Notes. In October 2003, we completed a private offering of $250.0 million
aggregate principal amount of 9.5% senior secured notes due 2010, or the Original Senior
Secured Notes. We pay interest on the notes semi-annually in cash, in arrears, on October
15 and April 15, at an annual interest rate of 9.5%. The notes mature on October 15, 2010.
The net proceeds were used to repay amounts outstanding under the Credit Facility (as
defined below), equipment-related purchase money obligations, equipment leases, and for
other general corporate purposes.

In
September 2004, we completed a registered exchange offer with 100% of the Original Senior
Secured Notes being exchanged for new 9.5% senior secured notes, or the New Notes, and
together with the Original Senior Secured Notes, the Senior Secured Notes. The New Notes
have substantially identical terms as the Original Senior Secured Notes, except that the
New Notes are freely transferable. The New Notes evidence the same debt as the Original
Senior Secured Notes, are entitled to the benefits of the indenture governing the Original
Senior Secured Notes and will be treated under the indenture as a single class with the
Original Senior Secured Notes.

We
can redeem all of the Senior Secured Notes on or after October 15, 2007. We may also
redeem up to 35% of the notes prior to October 15, 2006 with the net proceeds of an equity
offering at 109.5% of their principal amount, plus accrued interest; provided that at
least 65% of the aggregate principal amount of the notes issued must remain outstanding
after such redemption.

The
Senior Secured Notes were issued by NationsRent Companies, Inc. and are guaranteed by all
of our direct and indirect subsidiaries. NationsRent Companies, Inc. has no independent
assets or operations, the guarantees are full and unconditional and joint and several, and
there are no other subsidiaries other than the guarantors. There are no significant
restrictions on our ability to obtain funds from our subsidiaries.

The
Senior Secured Notes and the guarantees are secured by a first priority lien on
substantially all of our rental equipment (other than titled vehicles), subject to certain
permitted liens. We are required to certify each December and June during the term of the
Senior Secured Notes that our collateral value coverage ratio is at least 2.0 to 1.0. At
December 31, 2005, we were in compliance with this requirement.

The
indenture governing the notes contains various affirmative and negative covenants, subject
to a number of important limitations and exceptions, including, limitations on our ability
to incur additional indebtedness or enter into sale and leaseback transactions;
limitations on our ability to repay or prepay subordinated indebtedness; certain
restrictions on dividends, stock redemptions and other distributions; restrictions on
making certain investments or acquisitions; and restrictions on our ability to grant liens
on assets, enter into transactions with stockholders and affiliates, merge, consolidate or
transfer assets. The indenture also contains various customary events of default.

In
April 2005, we amended the indenture governing the Senior Secured Notes, with approval
from the requisite number of holders of the Senior Secured Notes, to allow us to redeem
all of our outstanding 6.5% Convertible Subordinated Notes due 2008. In June 2005, we
redeemed our convertible subordinated notes using a portion of the proceeds of our
offering of Senior Unsecured Notes. SeeSenior Unsecured Notes.

Credit
Facility. In June, 2003, we entered into a senior secured revolving credit facility,
the Credit Facility, with an aggregate commitment of up to $150.0 million with a syndicate
of lenders. The Credit Facility was used to provide the exit financing for the Company
pursuant to the Plan of Reorganization, to pay transaction expenses incurred in connection
therewith and to refinance the Companys then existing indebtedness. In October 2003,
we amended and restated the Credit Facility to reduce the aggregate commitments to up to
$75.0 million (including a $30.0 million sub-limit for letters of credit) and repaid all
amounts outstanding under the Credit Facility with the proceeds of the offering of the
Senior Secured Notes. In December 2004, we entered into a second amendment to the Credit
Facility to amend certain items including extending the maturity date. In April 2005, we
amended and restated the Credit Facility to, among other things, increase the availability
from $75.0 million up to $100.0 million (including a $40.0 million sub-limit for letters
of credit) and extend the maturity of the facility to April 2010.

Under
the terms of the Amended and Restated Credit Facility, availability is subject to a
borrowing base test based upon eligible trade accounts receivable, titled vehicles and
real estate. Borrowings under the Amended and Restated Credit Facility bear interest at
floating rates equivalent to either a base rate, as defined therein, plus a margin ranging
from 0.25% to 1.00% or the London Interbank Offered Rate (LIBOR) plus a margin
ranging from 1.50% to 2.50%. Letters of credit fees range from 1.50% to 2.50%. There is an
unused commitment fee ranging from 0.375% to 0.50% and a letter of credit fronting fee of
0.125%. The Amended and Restated Credit Facility is secured by a first lien on our assets,
except for our rental equipment and inventory. The facility is also secured by a pledge of
the capital stock of our subsidiaries. We may also grant to the lenders under such
facility certain mortgages and other security interests on certain of our real property.

The
Amended and Restated Credit Facility is available to (i) refinance existing indebtedness,
(ii) finance ongoing capital expenditures and working capital needs, (iii) issue standby
letters of credit and (iv) fund other general corporate purposes. The facility contains
various affirmative and negative covenants customary for similar working capital
facilities. The Amended and Restated Credit Facility also contains certain customary
events of default. In addition, we must maintain a debt to cash flow ratio, as defined, of
not greater than 3.00 to 1.00 for the trailing 12-month period for each fiscal quarter. At
March 31, 2006, we were in compliance with this requirement.

Senior
Unsecured Notes. In April 2005, we completed a private offering of $150,000,000
aggregate principal amount of 9.5% senior unsecured notes due 2015, or the Original Senior
Unsecured Notes. We pay interest on the notes semi-annually in cash, in arrears, on May 1
and November 1, beginning on November 1, 2005, at an annual rate of interest of 9.5%. The
Senior Unsecured Notes will mature on May 1, 2015. We used a portion of the proceeds from
the offering to redeem our outstanding 6.5% Convertible Subordinated Notes due 2008 that
had not been converted and the remaining net proceeds from the offering for general
corporate purposes.

In
July 2005, we completed a registered exchange offer with 100% of the Original Senior
Unsecured Notes being exchanged for new 9.5% senior unsecured notes, or the New Unsecured
Notes, and together with the Original Senior Unsecured Notes, the Senior Unsecured Notes.
The New Unsecured Notes have substantially identical terms as the Original Senior
Unsecured Notes, except that the New Unsecured Notes are freely transferable. The New
Unsecured Notes evidence the same debt as the Original Senior Unsecured Notes, are
entitled to the benefits of the indenture governing the Original Senior Unsecured Notes
and are treated under the indenture as a single class with the Original Senior Unsecured
Notes.

We
may redeem all of the Senior Unsecured Notes on or after May 1, 2010. We may also redeem
up to 35% of the Senior Unsecured Notes prior to May 1, 2009 with the net proceeds of an
equity offering at 109.5% of their principal amount, plus accrued interest; provided that
at least 65% of the aggregate principal amount of the notes issued must remain outstanding
after such redemption.

The
Senior Unsecured Notes were issued by NationsRent Companies, Inc. and are guaranteed by
all of its direct and indirect subsidiaries. NationsRent Companies, Inc. has no
independent assets or operations, the guarantees are full and unconditional and joint and
several, and there are no other subsidiaries other than the guarantors. There are no
significant restrictions on the ability of NationsRent Companies, Inc. to obtain funds
from its subsidiaries.

The
indenture governing the Senior Unsecured Notes contains various customary affirmative and
negative covenants, subject to a number of important limitations and exceptions,
including, limitations on our ability to incur additional indebtedness or enter into sale
and leaseback transactions; limitations on our ability to repay or prepay subordinated
indebtedness; certain restrictions on dividends, stock redemptions and other
distributions; restrictions on making certain investments or acquisitions; and
restrictions on our ability to grant liens on assets, enter into transactions with
stockholders and affiliates, merge, consolidate or transfer assets. The indenture also
contains various customary events of default.

We
used a portion of the proceeds from the offering of the Senior Unsecured Notes to redeem
$30.8 million aggregate principal amount of our 6.5% Convertible Subordinated Notes due
2008 plus accrued and unpaid interest of $4.3 million.

# Seasonality and
Fluctuations in Operating Results

Our
operating results are dependent upon activity in the construction industry, which is
dependent upon weather and other seasonal factors affecting construction in the geographic
areas where we have operations. Because of this variability in demand, our operating
results fluctuate. Accordingly, quarterly or other interim results should not be
considered indicative of results to be expected for any other quarter or for a full year.

Operating
results may fluctuate due to other factors including, but not limited to:

| |  | changes in general economic conditions including changes in national, regional
or local construction or industrial activities;
| | - | ------------------------------------------------------------------------------------------------------------------------------

| |  | the timing of expenditures for new rental equipment and the
disposition of used equipment;
| | - | ------------------------------------------------------------------------------------------

| |  | competitive pricing pressures; and
| | - | ----------------------------------

| |  | changes in interest rates.
| | - | --------------------------

When
we purchase new rental equipment, the depreciation related to such equipment, which begins
upon receipt of the equipment into our rental fleet, may contribute to near-term margin
decline because such equipment may not initially generate revenue at a rate that is
sufficient to match such increased depreciation expense. As such, the purchase of rental
equipment may reduce our operating margins during a start-up period.

# Factors That May Affect
Future Results

From
time to time we make statements concerning our expectations, beliefs, plans, objectives,
goals, strategies, future events or performance and underlying assumptions and other
statements that are not historical facts. These statements are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include statements concerning our expectations, plans,
objectives, goals, strategies, future events, future revenue or performance, capital
expenditures, financing needs, plans or intentions relating to acquisitions, business
trends and other information that is not historical information and, in particular, appear
under the headings Managements Discussion and Analysis of Financial Condition
and Results of Operations. The words could, estimate,
expect, anticipate, project, plan,
intend, believe, goal, forecast and
variations of such words or similar expressions are intended to identify forward-looking
statements. All forward-looking statements, including, without limitation,
managements examination of historical operating trends, are based upon our current
expectations and various assumptions. Our expectations, beliefs and projections are
expressed in good faith and we believe there is a reasonable basis for them. However,
there can be no assurance that our expectations, beliefs and projections will result or be
achieved.

There
may be factors not presently known to us or which we currently consider to be immaterial
that may cause our actual results to differ materially from the forward-looking
statements. Some of the risks and uncertainties that could cause our actual results to
differ materially from the forward-looking statements are described below and elsewhere in
this report as well as in our Annual Report on Form 10-K for the year ended December 31,
2005 and other filings with the SEC, and include, among others:

| |  | Our substantial level of indebtedness could materially adversely
affect our ability to execute our business strategy.
| | - | ---------------------------------------------------------------------------------------------------------------------

| |  | Disruptions in our information technology systems could limit our ability to effectively
monitor and control our operations.
| | - | ----------------------------------------------------------------------------------------------------------------------------

| |  | Hurricanes or other severe weather events or other natural disasters may cause significant
disruptions to our operations and may adversely affect the economy, including by
increasing fuel costs and limiting fuel availability.
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Increases in fuel prices or limited availability of fuel may adversely affect our business
and operating results.
| | - | -----------------------------------------------------------------------------------------------------------------

| |  | Failure to achieve and maintain effective internal controls and procedures could adversely
impact our business and operating results, our ability to raise capital and the market
value of our outstanding securities.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | As we dispose of our rental fleet in the ordinary course of business, we may not realize
as much cash as we anticipate which could negatively impact our cash flow. As we operate a
capital-intensive business, reductions in operating cash flow could severely impact our
ability to purchase new rental fleet, which in turn could put us at a competitive
disadvantage in the marketplace.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Contraction in the private non-residential construction industry may weaken demand and
pricing for our equipment.
| | - | -----------------------------------------------------------------------------------------------------------------

| |  | All of our existing leases for our NationsRent at Lowes locations expire on the same
date in October 2008 with an option to renew through October 2010 and an additional
option, subject to Lowes approval, through October 2012. If we are not able to
further renew these leases we may be forced to close or relocate up to 100 locations at or
around the same time.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Competitors with greater financial resources may have a competitive advantage
over us by being able to sustain reduced rental rates for longer periods of time
and being able to offer a broader range and volume of rental equipment. If they
employ such strategies, our cash flows and profitability may be reduced.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Although we are actively negotiating to establish dealership and distributor
relationships with equipment manufactures to diversify our revenue base, our
strategy may not succeed as quickly as anticipated, or at all.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | We have made, and will likely continue to make, strategic acquisitions. If we
are not successful in operating or integrating these newly acquired businesses
in an effective and timely manner, our ability to take advantage of further
growth opportunities and our revenue and gross margins could be adversely
affected.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Costs associated with compliance with, and changes in, environmental laws and
regulations could subject us to increased liabilities and expenses.
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Potential and certain existing claims against the Company may not be covered by our
insurance. Additionally, we may not be able to renew our coverage on terms favorable to us
that could lead to increased costs in the event of future claims.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

All
forward-looking statements and projections attributable to us or persons acting on our
behalf apply only as of the date of the particular statement, and are expressly qualified
in their entirety by the cautionary statements included in this report and our other
filings with the SEC. We undertake no obligation to publicly update or revise
forward-looking statements, including any of the projections presented herein, to reflect
events or circumstances after the date made or to reflect the occurrence of unanticipated
events.

Item 3: Quantitative and Qualitative Disclosures
About Market Risk

The
inherent risk in market risk sensitive instruments and positions primarily relates to
potential losses arising from adverse changes in foreign currency exchange rates and
interest rates. Our exposure to market risk is limited primarily to the fluctuating
interest rates associated with our Amended Credit Facility. Our variable interest rates
are subject to interest rate changes in the United States and the Eurodollar market. At
March 31, 2006, we did not have any variable rate debt outstanding.

Item 4: Controls and Procedures

Our
management, including the Chief Executive Officer and Chief Financial Officer, conducted
an evaluation of the effectiveness of disclosure controls and procedures. Based on that
evaluation, the Chief Executive Officer and Chief Financial Officer concluded that as of
March 31, 2006, the disclosure controls and procedures are effective in ensuring that all
material information required to be filed in this report has been made known to them in a
timely fashion.

We
continue to document and test our internal control procedures in order to satisfy the
requirements of Section 404 of the Sarbanes-Oxley Act. During the course of our testing,
we may identify deficiencies which we may not be able to remediate prior to the reporting
deadline imposed by the Sarbanes-Oxley Act, which is currently required for our December
31, 2007 Annual Report. In addition, if we fail to achieve and maintain the adequacy of
our internal controls, as such standards are modified, supplemented or amended from time
to time, we may not be able to conclude on an ongoing basis that we have effective
internal controls over financial reporting in accordance with Section 404 of the
Sarbanes-Oxley Act and therefore, we may report material weaknesses in internal controls
in the future.

PART II - OTHER INFORMATION

Item 6: Exhibits

|ExhibitNumber | Description
|------------- | -----------

|2.1 | First Amended Joint Plan of Reorganization of NationsRent, Inc.
and its Debtor Subsidiaries, dated February 7, 2003, as filed in the United
States Bankruptcy Court District of Delaware on February 11, 2003(1)
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2.1.1 | Modifications to First Amended Joint Plan of Reorganization of NationsRent, Inc.
and its Debtor Subsidiaries(1)
|----- | ---------------------------------------------------------------------------------------------------------------

|2.1.2 | Modifications (Second) to First Amended Joint Plan of Reorganization of
NationsRent, Inc. and its Debtor Subsidiaries(1)
|----- | ------------------------------------------------------------------------------------------------------------------------

|2.1.3 | Modifications (Third) to First Amended Joint Plan of
Reorganization of NationsRent, Inc. and its Debtor Subsidiaries(1)
|----- | -----------------------------------------------------------------------------------------------------------------------

|3.1 | Certificate of Incorporation of the Company(1)
|--- | ----------------------------------------------

|3.2 | Certificate of Amendment of Certificate of Incorporation of the Company(1)
|--- | --------------------------------------------------------------------------

|3.3 | Certificate of Amendment of Certificate of Incorporation of the Company(1)
|--- | --------------------------------------------------------------------------

|3.4 | Certificate of Designation for Series A Preferred Stock of the Company(1)
|--- | -------------------------------------------------------------------------

|3.5 | Certificate of Amendment to Certificate of Designation for Series
A Preferred Stock(1)
|--- | --------------------------------------------------------------------------------------

|3.6 | By-Laws of the Company(1)
|--- | -------------------------

|4.1 | Form of 9.5% Senior Secured Notes due 2010(1)
|--- | ---------------------------------------------

|4.2 | Indenture, dated as of October 23, 2003, by and among Company, the
Guarantors and Wilmington Trust Company, governing the Companys 9.5%
Senior Secured Notes due 2010(1)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.1 | First Supplement, dated as of July 27, 2004, to the Indenture, dated as of
October 23, 2003, by and among Company, the Guarantors and Wilmington Trust
Company(1)
|----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.2 | Second Supplemental Indenture, dated as of March 31, 2005, to the
Indenture, dated as of October 23, 2003, by and among Company, the guarantors
named therein and Wilmington Trust Company(6)
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.3 | Third Supplemental Indenture, dated as of April 26, 2005, to the
Indenture, dated as of October 23, 2003, by and among Company, the guarantors
named therein and Wilmington Trust Company(5)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.3 | Registration Rights Agreement, dated as of October 23, 2003, by
and among the Company, the guarantors named therein and the initial
purchasers(1)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------

|4.4 | Form of 6.5% Unsecured Convertible Subordinated Promissory Note
due 2008(1)
|--- | ---------------------------------------------------------------------------

|4.5 | Form of 9.5% Senior Unsecured Notes due 2015(6)
|--- | -----------------------------------------------

|4.6 | Indenture, dated April 26, 2005, by and among the Company, the guarantors party
thereto and Wilmington Trust Company, governing the Companys 9.5% Senior
Unsecured Notes due 2015(5)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.7 | Registration Rights Agreement, dated April 26, 2005, by and among the Company,
the guarantors named therein and Jefferies & Company, Inc.(5)
|--- | --------------------------------------------------------------------------------------------------------------------------------------------

|10.1 | NationsRent Liquidating Trust Agreement, dated as of June 13, 2003, by and among
NationsRent, Inc. and its subsidiaries, as settlors, and Perry Mandarino, as
trustee of the NationsRent Unsecured Creditor's Liquidating Trust(1)
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.2 | Call Agreement, dated as of June 13, 2003, by and between NR
Holdings, Inc. and Perry Mandarino, as trustee on behalf of NationsRent
Unsecured Creditor's Liquidating Trust(1)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.3 | 2003 Restricted Stock Plan of NR Holdings, Inc.(1)
|---- | --------------------------------------------------

|10.4 | Stockholders' Agreement, dated as of June 13, 2003, by and among
NR Holdings, Inc. and the stockholders party thereto(1)
|---- | ------------------------------------------------------------------------------------------------------------------------

|10.5 | First Amendment to Stockholders' Agreement, dated as of July 9, 2003, by and
among NR Holdings, Inc. and the stockholders party thereto(1)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------

|10.5.1 | Second Amendment to Stockholders' Agreement, dated as of December 10, 2004, by
and among NationsRent Companies, Inc. and the stockholders party thereto(4)
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------

|10.5.2 | Third Amendment to Stockholders' Agreement, dated as of September 14, 2005, by
and among NationsRent Companies, Inc. and the stockholders party thereto(8)
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------

|10.6 | Amended and Restated Indemnification Agreement, dated as of June 13, 2003, by
and among NationsRent Companies, Inc. and the indemnities signatory thereto(2)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.7 | Employment Agreement, effective June 13, 2003, by and between the
Company and Thomas J. Putman(1)
|---- | -------------------------------------------------------------------------------------------------

|10.8 | Employment Agreement, effective July 9, 2003, by and between the Company and
Bryan T. Rich(1)
|---- | ---------------------------------------------------------------------------------------------

|10.9 | Employment Agreement, effective July 9, 2003, by and between the Company and
Douglas M. Suliman, Jr.(1)
|---- | -------------------------------------------------------------------------------------------------------

|10.10 | Employment Agreement, effective June 23, 2003, by and between the Company and
Thomas J. Hoyer(1)
|----- | ------------------------------------------------------------------------------------------------

|10.11 | Employment Agreement, effective June 13, 2003, by and between the Company and
Joseph H. Izhakoff(1)
|----- | ---------------------------------------------------------------------------------------------------

|10.12 | Employment Agreement, effective July 9, 2003, by and between the Company and
John Scherer(1)
|----- | --------------------------------------------------------------------------------------------

|10.13 | Form of Key Employee Housing Assistance Program(1)
|----- | --------------------------------------------------

|10.14 | Indenture, dated March 1, 1998, between Francis P. Richard/or Catherine L. Rich
and Logan Equipment Corporation(1)
|----- | ------------------------------------------------------------------------------------------------------------------

|10.15 | First Amendment to Lease, dated April 21, 2000, between Francis P. Rich and/or
Catherine L. Rich and NationsRent USA, Inc. (successor-in-interest to Logan
Equipment Corporation)(1)
|----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.16 | Lease Agreement, dated December 14, 1998, between Jim Joy Holdings, LLC and
NationsRent of New Hampshire, Inc.(1)
|----- | -----------------------------------------------------------------------------------------------------------------

|10.17 | Lease Assignment, dated September 17, 1999, between Jim Joy
Holdings, LLC and 1216 West Hammond Street, LLC(1)
|----- | --------------------------------------------------------------------------------------------------------------

|10.18 | First Amendment to Lease, dated January 10, 2000, between 1216 Hammond Street,
LLC and NationsRent USA, Inc.(successor-in-interest to NationsRent of New
Hampshire, Inc.)(1)
|----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.19 | Lease Agreement, dated March 15, 2000, between Jim Joy Holdings, LLC and
NationsRent USA, Inc.(1)
|----- | -------------------------------------------------------------------------------------------------

|10.20 | Lease Agreement, dated December 7, 1999, between TREC, LLC and NationsRent USA,
Inc.(1)
|----- | ---------------------------------------------------------------------------------------

|10.21 | Lease Agreement, dated December 14, 1998, between TREC, LLC and
NRI/LEC Merger Corp., Inc.(1)
|----- | ---------------------------------------------------------------------------------------------

|10.22 | Lease Agreement, dated March 1, 2000, between TREC, LLC and NationsRent USA,
Inc.(1)
|----- | ------------------------------------------------------------------------------------

|10.23 | First Amendment to Lease, dated May 24, 2001, between TREC, LLC and NationsRent
USA, Inc.(1)
|----- | --------------------------------------------------------------------------------------------

|10.24 | Subscription Agreement, dated June 13, 2003, among NR Holdings, Inc. and the
subscribers party thereto(1)
|----- | ---------------------------------------------------------------------------------------------------------

|10.25 | Asset Purchase Agreement, dated June 13, 2003, among Boston Rental Partners,
LLC, NationsRent, Inc. and its subsidiaries(1)
|----- | ---------------------------------------------------------------------------------------------------------------------------

|10.26 | Rental Agreement, dated January 31, 2003, by and between Boston Rental Partners,
LLC, and NationsRent, Inc. and Term Sheet Regarding Settlement Program
referenced therein(1)
|----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.27 | Strategic Alliance Agreement, dated October 12, 2000, between NationsRent, Inc.
and Lowe's Companies, Inc.(1)
|----- | -------------------------------------------------------------------------------------------------------------

|10.28 | Employment agreement, effective May 20, 2004, by and between the Company and
Gary N. Golden(1)
|----- | ----------------------------------------------------------------------------------------------

|10.29 | Employment agreement, effective July 9, 2003, by and between the
Company and Robert W. Schiller(1)
|----- | --------------------------------------------------------------------------------------------------

|10.30 | Amended and Restated Credit Agreement, dated as of October 23, 2003, by and
among the Company, certain of its subsidiaries, Wachovia Bank, National
Association, as administrative agent and as a lender, and the other lending
institutions party thereto(1)
|----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.1 | First Amendment, dated as of December 22, 2003, to Amended and Restated Credit
Agreement, by and among the Company, certain of its subsidiaries, Wachovia Bank,
National Association, as administrative agent and a lender, and the other
lending institutions party thereto(1)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.2 | Second Amendment, dated as of December 20, 2004, to Amended and
Restated Credit Agreement, by and among the Company, certain of its
subsidiaries, Wachovia Bank, National Association, as administrative agent and a
lender and the other lending institutions party thereto(4)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.3 | Third Amendment, dated as of April 21, 2005, to the Amended and Restated Credit
Agreement, by and among the Company, certain of its subsidiaries, Wachovia Bank,
National Association, as administrative agent and a lender and the other lending
institutions party therein(5)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.31 | Amended and Restated Security Agreement, dated as of October 23, 2003, between
the Company, certain of its subsidiaries, and Wachovia Bank, National
Association, as administrative agent(1)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.32 | First Amendment to Lease Agreement, dated as of November 3, 2005,
by and between NationsRent, Inc., through its operating subsidiaries, (each as
to the particular leases or subleases as to which they are a party) and Lowe's
Centers, Inc. and Lowe's HIW, Inc.(7)
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.33 | Employment Agreement, effective July 7, 2003, by and between the Company and
Charles H. Snyder (10)
|----- | ---------------------------------------------------------------------------------------------------

|10.34 | Agreement for Wholesale Financing, dated April 27, 2006, by and among the
Company, its direct and indirect subsidiaries and GE Commercial Distribution
Finance Corporation. (11)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|21 | List of Subsidiaries(9)
|-- | -----------------------

|31.1 | Certification of Thomas J. Putman pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002(12)
|---- | -----------------------------------------------------------------------------------------------

|31.2 | Certification of Thomas J. Hoyer pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002(12)
|---- | ----------------------------------------------------------------------------------------------

|32.1 | Certification of Thomas J. Putman pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(12)
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------

|32.2 | Certification of Thomas J. Hoyer pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002(12)
|---- | ---------------------------------------------------------------------------------------------------------------------------------------------

____________

|(1) | Filed as an exhibit to the Companys Registration Statement on Form S-4
          (Registration No. 333-114115), filed April 1, 2004, as amended, and incorporated
          herein by reference.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended June 30, 2004, and incorporated herein by reference.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

|(3) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended September 30, 2004, and incorporated herein by reference.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(4) | Filed as an exhibit to the Companys Annual Report on Form 10-K for the
          year ended December 31, 2004, and incorporated herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          April 27, 2005, and incorporated herein by reference.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------

|(6) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended March 31, 2005, and incorporated herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

|(7) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          November 9, 2005, and incorporated herein by reference.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------

|(8) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended September 30, 2005, and incorporated herein by reference.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(9) | Filed as an exhibit to the Companys Registration Statement on Form S-4
          (Registration No. 333-25519), filed June 3, 2005, as amended, and incorporated
          herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(10) | Filed as an exhibit to the Companys Annual Report on Form 10-K for the
          year ended December 31, 2005, and incorporated herein by reference.
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------

|(11) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          May 2, 2006, and incorporated herein by reference.
|---- | -------------------------------------------------------------------------------------------------------------------------------------

|(12) | Filed herewith.
|---- | ---------------

|(*) | The Company agrees to furnish supplementally a copy of any omitted schedule to
          the Commission upon request.
|--- | ---------------------------------------------------------------------------------------------------------------------

SIGNATURES

Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

| | NATIONSRENT COMPANIES, INC.
(Registrant)
| | ----------------------------------------

|Dated: May 12, 2006 | By
Name:
Title: | /s/ Thomas J. Putman
     Thomas J. Putman
     President and Chief Executive Officer
|------------------- | --------------- | -------------------------------------------------------------------------------------

|Dated: May 12, 2006 | By
Name:
Title: | /s/ Thomas J. Hoyer
     Thomas J. Hoyer
     Executive Vice President and Chief Financial Officer
|------------------- | --------------- | --------------------------------------------------------------------------------------------------

|Dated: May 12, 2006 | By
Name:
Title: | /s/ Robert W. Schiller
     Robert W. Schiller
     Vice President and Controller
|------------------- | --------------- | ---------------------------------------------------------------------------------

EXHIBIT INDEX

|ExhibitNumber | Description
|------------- | -----------

|2.1 | First Amended Joint Plan of Reorganization of NationsRent, Inc.
and its Debtor Subsidiaries, dated February 7, 2003, as filed in the United
States Bankruptcy Court District of Delaware on February 11, 2003(1)
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2.1.1 | Modifications to First Amended Joint Plan of Reorganization of NationsRent, Inc.
and its Debtor Subsidiaries(1)
|----- | ---------------------------------------------------------------------------------------------------------------

|2.1.2 | Modifications (Second) to First Amended Joint Plan of Reorganization of
NationsRent, Inc. and its Debtor Subsidiaries(1)
|----- | ------------------------------------------------------------------------------------------------------------------------

|2.1.3 | Modifications (Third) to First Amended Joint Plan of
Reorganization of NationsRent, Inc. and its Debtor Subsidiaries(1)
|----- | -----------------------------------------------------------------------------------------------------------------------

|3.1 | Certificate of Incorporation of the Company(1)
|--- | ----------------------------------------------

|3.2 | Certificate of Amendment of Certificate of Incorporation of the Company(1)
|--- | --------------------------------------------------------------------------

|3.3 | Certificate of Amendment of Certificate of Incorporation of the Company(1)
|--- | --------------------------------------------------------------------------

|3.4 | Certificate of Designation for Series A Preferred Stock of the Company(1)
|--- | -------------------------------------------------------------------------

|3.5 | Certificate of Amendment to Certificate of Designation for Series
A Preferred Stock(1)
|--- | --------------------------------------------------------------------------------------

|3.6 | By-Laws of the Company(1)
|--- | -------------------------

|4.1 | Form of 9.5% Senior Secured Notes due 2010(1)
|--- | ---------------------------------------------

|4.2 | Indenture, dated as of October 23, 2003, by and among Company, the
Guarantors and Wilmington Trust Company, governing the Companys 9.5%
Senior Secured Notes due 2010(1)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.1 | First Supplement, dated as of July 27, 2004, to the Indenture, dated as of
October 23, 2003, by and among Company, the Guarantors and Wilmington Trust
Company(1)
|----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.2 | Second Supplemental Indenture, dated as of March 31, 2005, to the
Indenture, dated as of October 23, 2003, by and among Company, the guarantors
named therein and Wilmington Trust Company(6)
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.2.3 | Third Supplemental Indenture, dated as of April 26, 2005, to the
Indenture, dated as of October 23, 2003, by and among Company, the guarantors
named therein and Wilmington Trust Company(5)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.3 | Registration Rights Agreement, dated as of October 23, 2003, by
and among the Company, the guarantors named therein and the initial
purchasers(1)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------

|4.4 | Form of 6.5% Unsecured Convertible Subordinated Promissory Note
due 2008(1)
|--- | ---------------------------------------------------------------------------

|4.5 | Form of 9.5% Senior Unsecured Notes due 2015(6)
|--- | -----------------------------------------------

|4.6 | Indenture, dated April 26, 2005, by and among the Company, the guarantors party
thereto and Wilmington Trust Company, governing the Companys 9.5% Senior
Unsecured Notes due 2015(5)
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.7 | Registration Rights Agreement, dated April 26, 2005, by and among the Company,
the guarantors named therein and Jefferies & Company, Inc.(5)
|--- | --------------------------------------------------------------------------------------------------------------------------------------------

|10.1 | NationsRent Liquidating Trust Agreement, dated as of June 13, 2003, by and among
NationsRent, Inc. and its subsidiaries, as settlors, and Perry Mandarino, as
trustee of the NationsRent Unsecured Creditor's Liquidating Trust(1)
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.2 | Call Agreement, dated as of June 13, 2003, by and between NR
Holdings, Inc. and Perry Mandarino, as trustee on behalf of NationsRent
Unsecured Creditor's Liquidating Trust(1)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.3 | 2003 Restricted Stock Plan of NR Holdings, Inc.(1)
|---- | --------------------------------------------------

|10.4 | Stockholders' Agreement, dated as of June 13, 2003, by and among
NR Holdings, Inc. and the stockholders party thereto(1)
|---- | ------------------------------------------------------------------------------------------------------------------------

|10.5 | First Amendment to Stockholders' Agreement, dated as of July 9, 2003, by and
among NR Holdings, Inc. and the stockholders party thereto(1)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------

|10.5.1 | Second Amendment to Stockholders' Agreement, dated as of December 10, 2004, by
and among NationsRent Companies, Inc. and the stockholders party thereto(4)
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------

|10.5.2 | Third Amendment to Stockholders' Agreement, dated as of September 14, 2005, by
and among NationsRent Companies, Inc. and the stockholders party thereto(8)
|------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------

|10.6 | Amended and Restated Indemnification Agreement, dated as of June 13, 2003, by
and among NationsRent Companies, Inc. and the indemnities signatory thereto(2)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.7 | Employment Agreement, effective June 13, 2003, by and between the
Company and Thomas J. Putman(1)
|---- | -------------------------------------------------------------------------------------------------

|10.8 | Employment Agreement, effective July 9, 2003, by and between the Company and
Bryan T. Rich(1)
|---- | ---------------------------------------------------------------------------------------------

|10.9 | Employment Agreement, effective July 9, 2003, by and between the Company and
Douglas M. Suliman, Jr.(1)
|---- | -------------------------------------------------------------------------------------------------------

|10.10 | Employment Agreement, effective June 23, 2003, by and between the Company and
Thomas J. Hoyer(1)
|----- | ------------------------------------------------------------------------------------------------

|10.11 | Employment Agreement, effective June 13, 2003, by and between the Company and
Joseph H. Izhakoff(1)
|----- | ---------------------------------------------------------------------------------------------------

|10.12 | Employment Agreement, effective July 9, 2003, by and between the Company and
John Scherer(1)
|----- | --------------------------------------------------------------------------------------------

|10.13 | Form of Key Employee Housing Assistance Program(1)
|----- | --------------------------------------------------

|10.14 | Indenture, dated March 1, 1998, between Francis P. Richard/or Catherine L. Rich
and Logan Equipment Corporation(1)
|----- | ------------------------------------------------------------------------------------------------------------------

|10.15 | First Amendment to Lease, dated April 21, 2000, between Francis P. Rich and/or
Catherine L. Rich and NationsRent USA, Inc. (successor-in-interest to Logan
Equipment Corporation)(1)
|----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.16 | Lease Agreement, dated December 14, 1998, between Jim Joy Holdings, LLC and
NationsRent of New Hampshire, Inc.(1)
|----- | -----------------------------------------------------------------------------------------------------------------

|10.17 | Lease Assignment, dated September 17, 1999, between Jim Joy
Holdings, LLC and 1216 West Hammond Street, LLC(1)
|----- | --------------------------------------------------------------------------------------------------------------

|10.18 | First Amendment to Lease, dated January 10, 2000, between 1216 Hammond Street,
LLC and NationsRent USA, Inc.(successor-in-interest to NationsRent of New
Hampshire, Inc.)(1)
|----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.19 | Lease Agreement, dated March 15, 2000, between Jim Joy Holdings, LLC and
NationsRent USA, Inc.(1)
|----- | -------------------------------------------------------------------------------------------------

|10.20 | Lease Agreement, dated December 7, 1999, between TREC, LLC and NationsRent USA,
Inc.(1)
|----- | ---------------------------------------------------------------------------------------

|10.21 | Lease Agreement, dated December 14, 1998, between TREC, LLC and
NRI/LEC Merger Corp., Inc.(1)
|----- | ---------------------------------------------------------------------------------------------

|10.22 | Lease Agreement, dated March 1, 2000, between TREC, LLC and NationsRent USA,
Inc.(1)
|----- | ------------------------------------------------------------------------------------

|10.23 | First Amendment to Lease, dated May 24, 2001, between TREC, LLC and NationsRent
USA, Inc.(1)
|----- | --------------------------------------------------------------------------------------------

|10.24 | Subscription Agreement, dated June 13, 2003, among NR Holdings, Inc. and the
subscribers party thereto(1)
|----- | ---------------------------------------------------------------------------------------------------------

|10.25 | Asset Purchase Agreement, dated June 13, 2003, among Boston Rental Partners,
LLC, NationsRent, Inc. and its subsidiaries(1)
|----- | ---------------------------------------------------------------------------------------------------------------------------

|10.26 | Rental Agreement, dated January 31, 2003, by and between Boston Rental Partners,
LLC, and NationsRent, Inc. and Term Sheet Regarding Settlement Program
referenced therein(1)
|----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.27 | Strategic Alliance Agreement, dated October 12, 2000, between NationsRent, Inc.
and Lowe's Companies, Inc.(1)
|----- | -------------------------------------------------------------------------------------------------------------

|10.28 | Employment agreement, effective May 20, 2004, by and between the Company and
Gary N. Golden(1)
|----- | ----------------------------------------------------------------------------------------------

|10.29 | Employment agreement, effective July 9, 2003, by and between the
Company and Robert W. Schiller(1)
|----- | --------------------------------------------------------------------------------------------------

|10.30 | Amended and Restated Credit Agreement, dated as of October 23, 2003, by and
among the Company, certain of its subsidiaries, Wachovia Bank, National
Association, as administrative agent and as a lender, and the other lending
institutions party thereto(1)
|----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.1 | First Amendment, dated as of December 22, 2003, to Amended and Restated Credit
Agreement, by and among the Company, certain of its subsidiaries, Wachovia Bank,
National Association, as administrative agent and a lender, and the other
lending institutions party thereto(1)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.2 | Second Amendment, dated as of December 20, 2004, to Amended and
Restated Credit Agreement, by and among the Company, certain of its
subsidiaries, Wachovia Bank, National Association, as administrative agent and a
lender and the other lending institutions party thereto(4)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.30.3 | Third Amendment, dated as of April 21, 2005, to the Amended and Restated Credit
Agreement, by and among the Company, certain of its subsidiaries, Wachovia Bank,
National Association, as administrative agent and a lender and the other lending
institutions party therein(5)
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.31 | Amended and Restated Security Agreement, dated as of October 23, 2003, between
the Company, certain of its subsidiaries, and Wachovia Bank, National
Association, as administrative agent(1)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.32 | First Amendment to Lease Agreement, dated as of November 3, 2005,
by and between NationsRent, Inc., through its operating subsidiaries, (each as
to the particular leases or subleases as to which they are a party) and Lowe's
Centers, Inc. and Lowe's HIW, Inc.(7)
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10.33 | Employment Agreement, effective July 7, 2003, by and between the Company and
Charles H. Snyder (10)
|----- | ---------------------------------------------------------------------------------------------------

|10.34 | Agreement for Wholesale Financing, dated April 27, 2006, by and among the
Company, its direct and indirect subsidiaries and GE Commercial Distribution
Finance Corporation. (11)
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|21 | List of Subsidiaries(9)
|-- | -----------------------

|31.1 | Certification of Thomas J. Putman pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002(12)
|---- | -----------------------------------------------------------------------------------------------

|31.2 | Certification of Thomas J. Hoyer pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002(12)
|---- | ----------------------------------------------------------------------------------------------

|32.1 | Certification of Thomas J. Putman pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(12)
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------

|32.2 | Certification of Thomas J. Hoyer pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002(12)
|---- | ---------------------------------------------------------------------------------------------------------------------------------------------

---

|(1) | Filed as an exhibit to the Companys Registration Statement on Form S-4
          (Registration No. 333-114115), filed April 1, 2004, as amended, and incorporated
          herein by reference.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended June 30, 2004, and incorporated herein by reference.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

|(3) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended September 30, 2004, and incorporated herein by reference.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(4) | Filed as an exhibit to the Companys Annual Report on Form 10-K for the
          year ended December 31, 2004, and incorporated herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          April 27, 2005, and incorporated herein by reference.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------

|(6) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended March 31, 2005, and incorporated herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------

|(7) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          November 9, 2005, and incorporated herein by reference.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------

|(8) | Filed as an exhibit to the Companys Quarterly Report on Form 10-Q for the
          quarterly period ended September 30, 2005, and incorporated herein by reference.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(9) | Filed as an exhibit to the Companys Registration Statement on Form S-4
          (Registration No. 333-25519), filed June 3, 2005, as amended, and incorporated
          herein by reference.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(10) | Filed as an exhibit to the Companys Annual Report on Form 10-K for the
          year ended December 31, 2005, and incorporated herein by reference.
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------

|(11) | Filed as an exhibit to the Companys Current Report on Form 8-K filed on
          May 2, 2006, and incorporated herein by reference.
|---- | -------------------------------------------------------------------------------------------------------------------------------------

|(12) | Filed herewith.
|---- | ---------------

|(*) | The Company agrees to furnish supplementally a copy of any omitted schedule to
          the Commission upon request.
|--- | ---------------------------------------------------------------------------------------------------------------------