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Net Investment in Sales Type Leases
12 Months Ended
Jun. 30, 2018
Sales-type Lease, Lease Income [Abstract]  
Net Investment in Sales Type Leases
8. Net Investment in Sales Type Leases

The future minimum lease payments receivable for sales type leases are as follows (in thousands):

 

 

Fiscal years ending June 30,  Total Minimum
Lease Payments
to be Received
   Amortization of
Unearned
Income
   Net Investment in
Sales Type
Leases
 
             
2019  $1,364   $859   $505 
2020   968    621    347 
2021   683    391    292 
2022   361    180    181 
2023   88    36    52 
Thereafter            
             $1,377*

 

* Excludes residual values of $1.4 million

The total net investment in sales type leases, including stated residual values, as of June 30, 2018 is $2.8 million. There were no investment in sales type leases as of June 30, 2017. The current portion of $0.4 million is included in Other Current Assets and the long term portion of $2.4 million is included in Other Assets.