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RENTAL EQUIPMENT, NET
3 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
RENTAL EQUIPMENT, NET RENTAL EQUIPMENT, NET
Rental equipment was as follows as of December 31, 2019 and September 30, 2019.
 
December 31, 2019
 
September 30, 2019
(Dollars in Thousands)
 
Computers and IT networking equipment
$
32,733

 
$
37,352

Motor vehicles and other
106,133

 
98,149

Office furniture and equipment
2,900

 
2,875

Solar panels and equipment
117,166

 
116,505

Total
258,932

 
254,881

 
 
 
 
Accumulated depreciation
(49,314
)
 
(46,344
)
Unamortized initial direct costs
2,055

 

Net book value
$
211,673

 
$
208,537


Undiscounted future minimum lease payments expected to be received for operating leases at December 31, 2019 were as follows:
(Dollars in Thousands)
 
2020
$
25,787

2021
29,922

2022
23,016

2023
17,437

2024
11,813

Thereafter
23,145

Total undiscounted future minimum lease payments receivable for operating leases
$
131,120