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Financed Lease Receivables
 12 Months Ended
Dec. 31, 2013
Leases [Abstract]  
Financed Lease Receivables
NOTE 2. FINANCED LEASE RECEIVABLES

The Company has entered into sales type leases to finance certain equipment sales to customers. The lease agreements have a bargain purchase option at the end of the lease term. The minimum lease payments receivable and the net investment included in accounts receivable for such leases are as follows:

 

(in thousands)    December 31,  
     2013     2012  

Gross minimum lease payments receivable

    $ 5,462      $ 2,326   

Less—unearned interest

      (314 )      (201 ) 
  

 

 

    

 

 

  

Net investment in sales type lease receivables

    $ 5,148      $ 2,125   

As of December 31, 2013, the future minimum lease payments under non-cancelable sales-type leases to be received in 2014 and thereafter are as follows:

 

(in thousands)        

Year Ended December 31,

   

2014

    $ 3,449   

2015

      1,838   

2016

      175   

2017

      —     
  

 

 

  

Total minimum future lease payments

      $5,462