Net Investment In Direct Finance Leases (Tables)

9 Months Ended

Sep. 30, 2014

Net Investment In Direct Finance Leases [Abstract]

Components Of Entity's Net Investment In Finance Leases

	September 30,		December 31,
	2014		2013
Gross finance lease receivables (1)	$	121,141	$	103,887
Unearned income (2)		(23,785)		(22,679)
Net investment in direct finance leases	$	97,356	$	81,208

(1) At the inception of the lease, the Company records the total minimum lease payments, executory costs, if any, and unguaranteed residual value as gross finance lease receivables. The gross finance lease receivables are reduced as customer payments are received.  There was no unguaranteed residual value at September 30, 2014 and approximately $0.1 million at December 31, 2013 included in gross finance lease receivables. There were no executory costs included in gross finance lease receivables as of September 30, 2014 and December 31, 2013.

(2) The difference between the gross finance lease receivables and the cost of the equipment or carrying amount at the lease inception is recorded as unearned income. Unearned income together with initial direct costs, are amortized to income over the lease term so as to produce a constant periodic rate of return. There were no unamortized initial direct costs as of September 30, 2014 and December 31, 2013.

Gross Finance Lease Receivables By Categories Of Customers

	September 30,		December 31,
	2014		2013
Tier 1	$	92,968	$	85,990
Tier 2		28,173		17,897
Tier 3		-		-
	$	121,141	$	103,887

Contractual Maturities Of Gross Finance Lease Receivables

2015	$	25,802
2016		24,336
2017		31,408
2018		21,756
2019		11,369
2020 and thereafter		6,470
	$	121,141