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Net investment in finance and sales-type leases
6 Months Ended
Jun. 30, 2019
Flight Equipment, Net [Abstract]  
Net investment in finance and sales-type leases Net investment in finance and sales-type leases
Components of net investment in finance and sales-type leases as of June 30, 2019 and December 31, 2018 were as follows:
 
June 30, 2019
 
December 31, 2018
Future minimum lease payments to be received
$
749,700

 
$
792,265

Estimated residual values of leased flight equipment
553,778

 
528,916

Less: Unearned income
(301,026
)
 
(317,895
)
 
$
1,002,452

 
$
1,003,286


As of June 30, 2019, the cash flows receivable on finance and sales-type leases were as follows:
 
Cash flows receivable
2019 - remaining
$
79,446

2020
149,178

2021
133,836

2022
202,350

2023
129,436

Thereafter
609,232

Undiscounted cash flows receivable
$
1,303,478

Less: Unearned income
(301,026
)
 
$
1,002,452


During the three months ended June 30, 2019 and 2018, we recognized interest income from net investment in finance and sales-type leases of $15.8 million and $16.6 million, respectively, included in basic lease rents. During the six months ended June 30, 2019 and 2018, we recognized interest income from net investment in finance and sales-type leases of $31.3 million and $33.2 million, respectively, included in basic lease rents.