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Net Investment in Sales-Type Leases
6 Months Ended
Jun. 30, 2018
Leases [Abstract]  
Net Investment in Sales-Type Leases
Net Investment in Sales-Type Leases
On a recurring basis, the Company enters into sales-type lease transactions with the majority varying in length from one to five years. The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components at June 30, 2018 and December 31, 2017:  
 
June 30,
2018
 
December 31,
2017
 
(In thousands)
Net minimum lease payments to be received
$
27,303

 
$
25,899

Less: Unearned interest income portion
(2,141
)
 
(1,695
)
Net investment in sales-type leases
25,162

 
24,204

Less: Short-term portion(1)
(8,455
)
 
(8,769
)
Long-term net investment in sales-type leases
$
16,707

 
$
15,435


_________________________________________________
(1) 
The short-term portion of the net investments in sales-type leases is included in other current assets in the Condensed Consolidated Balance Sheets.
The Company evaluates its sales-type leases individually and collectively for impairment. The allowance for credit losses was $0.2 million as of June 30, 2018 and December 31, 2017, respectively.
At June 30, 2018, the future minimum lease payments under sales-type leases were as follows:
 
June 30,
2018
 
(In thousands)
Remaining six months of 2018
$
5,259

2019
7,635

2020
5,765

2021
3,944

2022
3,299

Thereafter
1,401

Total
$
27,303