Finance lease receivables

12 Months Ended

Dec. 31, 2015

10.

Finance lease receivables

During the year ended December 31, 2015, the Group entered into finance lease contracts with contract value of $9,216 for leasing those Underlying PV Products to third-party PV developers through the on-line platform owned by Solar Energy (see Note 1— Description of Business). The Group also entered into several sales and leaseback arrangements with total contract value of $23,284 with the third parties. These leases are accounted for as finance lease.

Finance lease receivables are as follows:


	December 31, 2015			December 31, 2014
Minimum lease payments receivable	$	42,526		$	—
Unearned income		(12,204	)		—

Net finance lease receivables	$	30,322		$	—

Current	$	12,518		$	—
Noncurrent		17,804			—

As at December 31, 2015, future maturities of minimum lease payments receivable are as follows


	USD
2016		12,518
2017		1,653
2018		1,620
2019		1,750
2020		1,747
Thereafter		11,034

	$	30,322

During the year ended December 31, 2015, the Group earned total interest income of $1,507 for these finance lease contracts.