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Net Investment in Sales-Type Leases
 6 Months Ended
Jun. 30, 2015
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 consists of the following components:
 
June 30,
2015
 
December 31,
2014
 
(In thousands)
Net minimum lease payments to be received
$
16,674

 
$
17,616

Less: unearned interest income portion
(1,118
)
 
(1,131
)
Net investment in sales-type leases
15,556

 
16,485

Less: short-term portion
(5,348
)
 
(5,637
)
Long-term net investment in sales-type leases
$
10,208

 
$
10,848


We evaluate our sales-type leases individually and collectively for impairment, and recorded no collective allowance for credit losses as of June 30, 2015 and $0.2 million as of December 31, 2014.
The minimum lease payments under sales-type leases are as follows:
 
June 30,
2015
 
(In thousands)
Remainder of 2015
$
3,147

2016
5,308

2017
4,281

2018
2,652

2019
1,054

Thereafter
232

Total
$
16,674