Investments in Finance Leases (Tables)

6 Months Ended

Jun. 30, 2013

Investments In Finance Leases Tables

Summary of investment in finance leases

Investment in finance leases consisted of the following:

	June 30, 2013			December 31,
	(Unaudited)			2012
Minimum rents receivable	$	9,209,627		$	8,319,597
Estimated unguaranteed residual value		535,791			465,151
Unearned income		(2,216,469	)		(1,944,158	)
	$	7,528,949		$	6,840,590

Schedule of future minimum lease payments receivable

At June 30, 2013, the aggregate amounts of future minimum lease payments receivable, less amounts relating to three leases for entertainment and leisure equipment sold during July 2013, are as follows:

	Lease Payment Currencies
	US Dollars		British Pounds (1)		Total
Years Ending June 30,
2013	$	126,000	$	2,721,871	$	2,847,871
2014		126,000		2,162,736		2,288,736
2015		126,000		1,203,909		1,329,909
2016		126,000		1,082,731		1,208,731
2017		84,000		482,551		566,551
	$	588,000	$	7,653,798	$	8,241,798

(1) Converted to US Dollars at June 30, 2013 exchange rate.