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Lessor Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Income Recognized from Sales-Type Leases | The following table presents the Company’s income recognized from sales-type leases for the years ended December 31, 2019, 2018, and 2017:
| Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017
| (In thousands) |  |  |  |
Sales-type lease revenues | $ | 37,175 |  |  | $ | 39,167 |  |  | $ | 29,675 |
Cost of sales-type lease revenues | (14,985) |  |  | (16,185) |  |  | (12,395) |
Selling profit on sales-type lease revenues | $ | 22,190 |  |  | $ | 22,982 |  |  | $ | 17,280 |
Interest income on sales-type lease receivables | $ | 1,756 |  |  | $ | 1,296 |  |  | $ | 992 |
Components of Sales-Type Lease Receivables | The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components at December 31, 2019 and 2018:
| December 31, |  |
| 2019 |  | 2018
| (In thousands) |  |  |
Net minimum lease payments to be received | $ | 32,360 |  |  | $ | 28,295 |
Less: Unearned interest income portion | (2,840) |  |  | (2,477) |
Net investment in sales-type leases | 29,520 |  |  | 25,818 |
Less: Current portion (1) | (9,770) |  |  | (8,736) |
Long-term investment in sales-type leases, net | $ | 19,750 |  |  | $ | 17,082 |
_________________________________________________ (1) The current portion of the net investment in sales-type leases is included in other current assets in the Consolidated Balance Sheets.
Maturity Schedule of Future Minimum Lease Payments under Sales-Type Leases | The maturity schedule of future minimum lease payments under sales-type leases retained in-house and the reconciliation to the net investment in sales-type leases reported on the Consolidated Balance Sheets was as follows:
| December 31, 2019
| (In thousands)
2020 | $ | 10,690 |
2021 | 7,473 |
2022 | 6,768 |
2023 | 4,754 |
2024 | 1,852 |
Thereafter | 823 |
Total future minimum sales-type lease payments |  | 32,360 |
Present value adjustment |  | (2,840) |
Total net investment in sales-type leases |  | $ | 29,520 |
Income Recognized from Operating Leases | The following table represents the Company’s income recognized from operating leases for the years ended December 31, 2019, 2018, and 2017:
| Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017
| (In thousands) |  |  |  |
Rental income | $ | 12,660 |  |  | $ | 12,207 |  |  | $ | 10,993 |
Maturity Schedule of Future Minimum Lease Payments under Operating Leases | The maturity schedule of future minimum lease payments under operating leases was as follows:
| December 31, 2019
| (In thousands)
2020 | $ | 10,415 |
2021 | 6,829 |
2022 | 4,941 |
2023 | 2,914 |
2024 | 884 |
Thereafter | 345 |
Total future minimum operating lease payments |  | $ | 26,328 |

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