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Net Investment in Sales-Type Leases
 12 Months Ended
Dec. 31, 2012
Net Investment in Sales-Type Leases Disclosure  
Net Investment Sales-Type Leases Disclosure [Text Block]
Net Investment in Sales-Type Leases
Our sales-type leases are for terms generally ranging up to five years. Sales-type lease receivables are collateralized by the underlying equipment. The components of our net investment in sales-type leases are as follows (in thousands):
 
December 31,
2012
 
December 31,
2011
Net minimum lease payments to be received
$
19,665

 
$
15,063

Less unearned interest income portion
1,205

 
1,229

Net investment in sales-type leases
18,460

 
13,834

Less current portion(1)
5,232

 
5,049

Non-current net investment in sales-type leases(2)
$
13,228

 
$
8,785

 
 
 
 
 
(1)     A component of other current assets. This amount is net of allowance for doubtful accounts of $0.5 million as of December 31, 2012 and $0.1 million as of December 31, 2011.
(2)     Net of allowance for doubtful accounts of $0.1 million as of December 31, 2012 and $0.1 million as of December 31, 2011.

The minimum lease payments under sales-type leases as of December 31, 2012 were as follows (in thousands):
2013
$
5,778

 
2014
5,034

 
2015
3,955

 
2016
2,712

 
2017
2,015

 
Thereafter
171

 
Total
$
19,665

 


The following table summarizes the credit losses and recorded investment in sales-type leases, excluding unearned interest, as of December 31, 2012 and December 31, 2011 (in thousands):
 
Allowance for Credit Losses
 
Recorded Investment
in Sales-type Leases Gross
 
Recorded Investment
in Sales-type Leases Net
Credit loss disclosure for December 31, 2012:
 

 
 

 
 

Accounts individually evaluated for impairment
$
489

 
$
489

 
$
—

Accounts collectively evaluated for impairment
118

 
18,578

 
18,460

Ending balances: December 31, 2012
$
607

 
$
19,067

 
$
18,460

Credit loss disclosure for December 31, 2011:
 

 
 

 
 

Accounts individually evaluated for impairment
$
178

 
$
178

 
$
—

Accounts collectively evaluated for impairment
106

 
13,940

 
13,834

Ending balances: December 31, 2011
$
284

 
$
14,118

 
$
13,834


 
The following table summarizes the activity for the allowance for credit losses account for the investment in sales-type leases for the year ended December 31, 2012 (in thousands):
 
Year Ended
December 31, 2012
Allowance for credit losses, December 31, 2011
$
284

Current period provision (reversal)
425

Recoveries of amounts previously charged off
(102
)
Allowance for credit losses at December 31, 2012
$
607