Geographic Information

6 Months Ended

Jun. 30, 2013

Geographic Information

Geographic Information

13. Geographic Information

Geographic information for revenue for the three months ended June 30, 2013 and 2012 was as follows:

	Three Months Ended June 30, 2013
Revenue:	United States			Europe		Australia		Total
Rental income	$	57,315		$	21,786	$	3,777	$	82,878
Finance income	$	9,344		$	278,185	$	—	$	287,529
Loss on asset sales	$	(13,058	)	$	—	$	—	$	(13,058	)
Interest income	$	60,847		$	174,964	$	—	$	235,811

	Three Months Ended June 30, 2012
Revenue:	United States		Europe		Total
Rental income	$	61,641	$	88,394	$	150,035
Finance income	$	—	$	70,492	$	70,492
Loss on asset sales	$	—	$	—	$	—
Interest income	$	6,796	$	55,217	$	62,013

Geographic information for revenue for the six months ended June 30, 2013 and 2012 was as follows:

	Six Months Ended June 30, 2013
Revenue:	United States			Europe		Australia		Total
Rental income	$	118,956		$	21,786	$	3,777	$	144,519
Finance income	$	9,344		$	531,646	$	—	$	540,990
Loss on asset sales	$	(13,058	)	$	—	$	—	$	(13,058	)
Interest income	$	87,995		$	263,717	$	—	$	351,712

	Six Months Ended June 30, 2012
Revenue:	United States		Europe		Total
Rental income	$	61,641	$	177,540	$	239,181
Finance income	$	—	$	130,238	$	130,238
Loss on asset sales	$	—	$	—	$	—
Interest income	$	8,709	$	105,078	$	113,787

Geographic information for long-lived assets at June 30, 2013 and December 31, 2012 was as follows:

	June 30, 2013 (Unaudited)
	United States		Europe		Australia		Total
Investment in finance leases, net	$	447,245	$	7,081,704	$	—	$	7,528,949
Investments in equipment subject to operating leases, net	$	1,815,887	$	450,193	$	336,303	$	2,602,383
Residual value investment equipment on lease	$	1,367,173	$	3,134,702	$	—	$	4,501,875
Convertible promissory note, including accrued interest	$	1,550,000	$	—	$	—	$	1,550,000
Equipment notes receivable, including accrued interest	$	—	$	8,308,035	$	—	$	8,308,035

	December 31, 2012
Long-lived assets:	United States		Europe		Total
Investment in finance leases, net	$	—	$	6,840,590	$	6,840,590
Investments in equipment subject to operating leases, net	$	1,080,834	$	—	$	1,080,834
Residual value investment equipment on lease	$	1,367,173	$	634,702	$	2,001,875
Equipment notes receivable, including accrued interest	$	—	$	3,306,391	$	3,306,391