Lease Arrangements

12 Months Ended

Dec. 31, 2017

Note 8 – Lease Arrangements

We are the lessor in sales-type lease arrangements for network equipment, which have terms of 18 months to five years. The net investment in sales-type leases consists of lease receivables less unearned income. Collectability of sales-type leases is evaluated periodically on an individual customer level. At December 31, 2017, we had no allowance for credit losses for our net investment in sales-type leases. As of December 31, 2017 and 2016, the components of the net investment in sales-type leases were as follows:

(In thousands)	2017		2016
Current minimum lease payments receivable (included in other receivables)	$	11,325	$	2,141
Non-current minimum lease payments receivable (included in other assets)		2,913		2,912
Total minimum lease payments receivable		14,238		5,053
Less: Current unearned revenue		707		841
Less: Non-current unearned revenue		787		1,153
Net investment in sales-type leases	$	12,744	$	3,059

Future minimum lease payments to be received from sales-type leases at December 31, 2017 are as follows:

(In thousands)	Amount
2018	$	11,211
2019		2,172
2020		592
2021		205
2022		58
Total	$	14,238