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Net Investment in Leases (Tables)
 6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of net investment in leases
The Company's net investment in leases were comprised of the following as of June 30, 2020 and December 31, 2019 ($ in thousands):
June 30, 2020December 31, 2019
Total undiscounted cash flows$1,020,577  $1,042,019  
Unguaranteed estimated residual value344,393  340,620  
Present value discount(940,297) (963,724) 
Allowance for losses on net investment in leases(10,937) —  
Net investment in leases(1)
$413,736  $418,915  
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(1)As of June 30, 2020 and December 31, 2019, all of the Company's net investment in leases were current in their payment status and performing in accordance with the terms of the respective leases. As of June 30, 2020, the risk rating on the Company's net investment in leases was 2.0 (refer to Note 3).
Schedule of future minimum lease payments to be collected under sales-type leases Future minimum lease payments to be collected under sales-type leases, excluding lease payments that are not fixed and determinable, in effect as of June 30, 2020, are as follows by year ($ in thousands):
Amount
2020 (remaining six months)$8,380  
202128,000  
202230,481  
202330,481  
202430,481  
Thereafter892,754  
Total undiscounted cash flows$1,020,577  
Schedule of changes in allowance for losses on net investment in leases Changes in the Company's allowance for losses on net investment in leases for the three and six months ended June 30, 2020 were as follows ($ in thousands):
 Three Months
Ended
June 30, 2020		Six Months
Ended
June 30, 2020
Reserve for losses on net investment in leases at beginning of period$10,403  $—  
Initial allowance recorded upon adoption of new accounting standard(1)
—  9,111
Provision for losses on net investment in leases(2)
534  1,826  
Allowance for losses on net investment in leases at end of period$10,937  $10,937  
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(1)The Company recorded an initial allowance for losses on net investment in leases of $9.1 million upon the adoption of ASU 2016-13 on January 1, 2020 (refer to Note 3).
(2)During the three and six months ended June 30, 2020, the Company recorded an allowance for losses on net investment in leases of $0.5 million and $1.8 million, respectively, primarily resulting from the macroeconomic impact of COVID-19 on commercial real estate markets and the adoption of ASU 2016-13 (refer to Note 3).