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Net Investment in Sales-Type Leases
 9 Months Ended
Sep. 30, 2017
Leases [Abstract]  
Net Investment in Sales-Type Leases
Net Investment in Sales-Type Leases
On a recurring basis, we enter into sales-type lease transactions with the majority varying in length from one to five years. The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components at September 30, 2017 and December 31, 2016:  
 
September 30,
2017
 
December 31,
2016
 
(In thousands)
Net minimum lease payments to be received
$
26,173

 
$
33,591

  Less: Unearned interest income portion
(1,986
)
 
(2,763
)
Net investment in sales-type leases
24,187

 
30,828

  Less: Short-term portion(1)
(8,201
)
 
(10,243
)
Long-term net investment in sales-type leases
$
15,986

 
$
20,585


(1) The short-term portion of the net investments in sales-type leases is included in other current assets in the Condensed Consolidated Balance Sheets.
The Company evaluates its sales-type leases individually and collectively for impairment. The allowance for credit losses were $0.2 million and $0.3 million as of September 30, 2017 and of December 31, 2016, respectively.
At September 30, 2017, the future minimum lease payments under sales-type leases are as follows:
 
September 30,
2017
 
(In thousands)
Remaining three months of 2017
$
2,470

2018
8,038

2019
6,474

2020
4,548

2021
2,749

Thereafter
1,894

Total
$
26,173