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Net Investment in Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of net investment in leases
The Company's net investment in leases were comprised of the following as of September 30, 2020 and December 31, 2019 ($ in thousands):
September 30, 2020December 31, 2019
Total undiscounted cash flows$1,020,921 $1,042,019 
Unguaranteed estimated residual value345,815 340,620 
Present value discount(935,206)(963,724)
Allowance for losses on net investment in leases(11,113)— 
Net investment in leases(1)
$420,417 $418,915 
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(1)As of September 30, 2020 and December 31, 2019, all of the Company's net investment in leases were current in their payment status and performing in accordance with the terms of the respective leases. As of September 30, 2020, the risk rating on the Company's net investment in leases was 2.0 (refer to Note 3).
Schedule of future minimum lease payments to be collected under sales-type leases Future minimum lease payments to be collected under sales-type leases, excluding lease payments that are not fixed and determinable, in effect as of September 30, 2020, are as follows by year ($ in thousands):
Amount
2020 (remaining three months)$— 
202114,248 
202230,481 
202341,855 
202441,584 
Thereafter892,753 
Total undiscounted cash flows$1,020,921 
Schedule of changes in allowance for losses on net investment in leases Changes in the Company's allowance for losses on net investment in leases for the three and nine months ended September 30, 2020 were as follows ($ in thousands):
 Three Months
Ended
September 30, 2020		Nine Months
Ended
September 30, 2020
Reserve for losses on net investment in leases at beginning of period$10,937 $— 
Initial allowance recorded upon adoption of new accounting standard(1)
— 9,111
Provision for losses on net investment in leases(2)
176 2,002 
Allowance for losses on net investment in leases at end of period$11,113 $11,113 
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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 nine months ended September 30, 2020, the Company recorded an allowance for losses on net investment in leases of $0.2 million and $2.0 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).