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Investments In Direct Financing Lease (Tables)
9 Months Ended
Sep. 30, 2014
Capital Leases, Net Investment in Direct Financing Leases [Abstract]  
Summary Of Carrying Amounts Of Investments In Direct Financing Leases, Net
The following table summarizes the carrying amounts of investment in a direct financing lease, net as of September 30, 2014 and December 31, 2013 (in thousands):
 
 
September 30, 2014
 
December 31, 2013
Total minimum lease payments receivable
$
491,700

 
$
633,384

Estimated unguaranteed residual value of leased assets
172,994

 
215,207

Less deferred income (1)
(466,143
)
 
(606,379
)
Investment in a direct financing lease, net
$
198,551

 
$
242,212

 
 
 
 
(1) Deferred income is net of $1.5 million and $1.7 million of initial direct costs at September 30, 2014 and December 31, 2013.

Future Minimum Rentals Receivable
The Company’s direct financing lease has expiration dates ranging from approximately 18 to 21 years. Future minimum rentals receivable on this direct financing lease at September 30, 2014 are as follows (in thousands): 
 
Amount
Year:
 
2014
$
5,021

2015
20,475

2016
21,089

2017
21,721

2018
22,373

Thereafter
401,021

Total
$
491,700