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Net Investment in Sales-Type Leases
 12 Months Ended
Dec. 31, 2014
Leases [Abstract]  
Net Investment in Sales-Type Leases
Net Investment in Sales-Type Leases
The terms of our sales-type leases are generally up to five years in length. Sales-type lease receivables are collateralized by the underlying equipment. Net investment in sales-type leases consist of the following components:
 
December 31,
2014
 
December 31,
2013
 
(In thousands)
Net minimum lease payments to be received
$
17,616

 
$
18,172

Less: unearned interest income portion
(1,131
)
 
(1,455
)
Net investment in sales-type leases
16,485

 
16,717

Less: short-term portion
(5,637
)
 
(5,232
)
Long-term net investment in sales-type leases
$
10,848

 
$
11,485


We evaluate our sales-type leases individually and collectively for impairment, and recorded a collective allowance for credit losses of $0.2 million and $0.2 million as of December 31, 2014 and December 31, 2013, respectively.
The minimum lease payments under sales-type leases are as follows:
 
December 31,
2014
 
(In thousands)
2015
$
6,188

2016
4,832

2017
3,803

2018
2,174

2019
619

Total
$
17,616