5. Equipment Financing Receivables

6 Months Ended

Jun. 30, 2015

Equipment Financing Receivables

5. Equipment Financing Receivables

We rent certain hosted telecommunication equipment (IP telephone devices) through leasing contracts that we classify as either operating leases or sale-type leases.  Equipment finance receivables arising from the rental of our hosted telecommunication equipment through sales-type leases, were as follows (in thousands):

14

	June 30,			December 31,
	2015			2014
Gross financing receivables	$	1,329		$	1,610
Less unearned income		(779	)		(984	)
Financing receivables, net		550			626
Less: Current portion of finance receivables, net		(153	)		(171	)
Finance receivables due after one year	$	397		$	455

Equipment finance receivables are expected to be collected over the next thirty-six to sixty months.