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Lessor Leases - (Tables)
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Sales-type Lease Income The following table presents the Company’s income recognized from sales-type leases for the three and nine months ended September 30, 2019 and 2018:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(In thousands)
Sales-type lease revenues
$
9,017

 
$
11,438

 
$
33,833

 
$
28,828

Interest income on sales-type lease receivables
$
527

 
$
315

 
$
1,335

 
$
896
Sales-Type Lease Receivable Components
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, 2019 and December 31, 2018:  
 
September 30,
2019
 
December 31,
2018
 
(In thousands)
Net minimum lease payments to be received
$
34,057

 
$
28,295

Less: Unearned interest income portion
(3,116
)
 
(2,477
)
Net investment in sales-type leases
30,941

 
25,818

Less: Current portion (1)
(9,447
)
 
(8,736
)
Long-term net investment in sales-type leases
$
21,494

 
$
17,082


_________________________________________________
(1) 
The current portion of the net investment in sales-type leases is included in other current assets in the Condensed Consolidated Balance Sheets.
Minimum Future Payments from Non-Cancelable Sales-Type Leases
The maturity schedule of future minimum lease payments under sales-type leases retained in-house and the reconciliation to the net investment in sales-type leases reported on the Condensed Consolidated Balance Sheets was as follows:
 
September 30,
2019
 
(In thousands)
Remaining three months of 2019
$
4,111

2020
9,677

2021
7,304

2022
6,599

2023
4,585

Thereafter
1,781

Total future minimum sales-type lease payments
34,057

Present value adjustment
(3,116
)
Total net investment in sales-type leases
$
30,941
Operating Lease Income The following table represents the Company’s income recognized from operating leases for the three and nine months ended September 30, 2019 and 2018:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(In thousands)
Rental income
$
2,896

 
$
2,999

 
$
9,548

 
$
8,800
Payments to be Received
The maturity schedule of future minimum lease payments under operating leases was as follows:
 
September 30,
2019
 
(In thousands)
Remaining three months of 2019
$
3,072

2020
9,986

2021
6,908

2022
4,941

2023
2,914

Thereafter
1,229

Total future minimum operating lease payments
$
29,050