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Lessor Leases (Tables)
 3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Income Recognized from Sales-Type Leases
The following table presents the Company’s income recognized from sales-type leases for the three months ended March 31, 2020 and 2019:
Three Months Ended March 31,
20202019
(In thousands)
Sales-type lease revenues$6,392  $11,507  
Cost of sales-type lease revenues(2,569) (4,820) 
Selling profit on sales-type lease revenues$3,823  $6,687  
Interest income on sales-type lease receivables$461  $409  
Components of Sales-Type Lease Receivables
The receivables as a result of these types of transactions are collateralized by the underlying equipment leased and consist of the following components at March 31, 2020 and December 31, 2019:
March 31,
2020		December 31,
2019
(In thousands)
Net minimum lease payments to be received$32,681  $32,360  
Less: Unearned interest income portion(2,893) (2,840) 
Net investment in sales-type leases29,788  29,520  
Less: Current portion (1)
(9,796) (9,770) 
Long-term investment in sales-type leases, net$19,992  $19,750  
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(1) The current portion of the net investment in sales-type leases is included in other current assets in the Condensed Consolidated Balance Sheets.
Maturity Schedule of Future Minimum Lease Payments under 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:
March 31,
2020
(In thousands)
Remaining nine months of 2020$8,838  
20218,048  
20227,283  
20235,110  
20242,393  
Thereafter  1,009  
Total future minimum sales-type lease payments  32,681  
Present value adjustment  (2,893) 
Total net investment in sales-type leases  $29,788  
Income Recognized from Operating Leases
The following table represents the Company’s income recognized from operating leases for the three months ended March 31, 2020 and 2019:
Three Months Ended March 31,
20202019
(In thousands)
Rental income$2,977  $3,287