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LEASES
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended June 30,Six months ended June 30,
 (In thousands)2022202120222021
Operating leases
Lease income related to ChoiceLease$378,837 $386,650 $760,382 $776,261 
Lease income related to commercial rental (1)
325,134 255,098 623,269 465,382 
Sales-type leases
Interest income related to net investment in leases$10,227 $11,040 $20,955 $25,455 
Variable lease income excluding commercial rental (1)
$71,122 $72,129 $145,342 $144,122 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% to 25% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In thousands)June 30, 2022December 31, 2021
Net investment in the lease — lease payment receivable$521,196 $583,008 
Net investment in the lease — unguaranteed residual value in assets35,390 46,740 
556,586 629,748 
Estimated loss allowance(2,855)(3,705)
Total$553,731 $626,043 
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended June 30,Six months ended June 30,
 (In thousands)2022202120222021
Operating leases
Lease income related to ChoiceLease$378,837 $386,650 $760,382 $776,261 
Lease income related to commercial rental (1)
325,134 255,098 623,269 465,382 
Sales-type leases
Interest income related to net investment in leases$10,227 $11,040 $20,955 $25,455 
Variable lease income excluding commercial rental (1)
$71,122 $72,129 $145,342 $144,122 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% to 25% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In thousands)June 30, 2022December 31, 2021
Net investment in the lease — lease payment receivable$521,196 $583,008 
Net investment in the lease — unguaranteed residual value in assets35,390 46,740 
556,586 629,748 
Estimated loss allowance(2,855)(3,705)
Total$553,731 $626,043