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Lessor Leases (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2020 and 2019:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
(In thousands)
Sales-type lease revenues$6,612  $13,309  $13,004  $24,816  
Cost of sales-type lease revenues(2,655) (5,575) (5,224) (10,395) 
Selling profit on sales-type lease revenues$3,957  $7,734  $7,780  $14,421  
Interest income on sales-type lease receivables$526  $399  $987  $808  
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 June 30, 2020 and December 31, 2019:
June 30,
2020		December 31,
2019
(In thousands)
Net minimum lease payments to be received$33,750  $32,360  
Less: Unearned interest income portion(2,855) (2,840) 
Net investment in sales-type leases30,895  29,520  
Less: Current portion (1)
(9,934) (9,770) 
Long-term investment in sales-type leases, net$20,961  $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:
June 30,
2020
(In thousands)
Remaining six months of 2020$6,838  
20218,769  
20228,005  
20235,802  
20243,031  
Thereafter1,305  
Total future minimum sales-type lease payments33,750  
Present value adjustment(2,855) 
Total net investment in sales-type leases$30,895  
Income Recognized from Operating Leases
The following table represents the Company’s income recognized from operating leases for the three and six months ended June 30, 2020 and 2019:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
(In thousands)
Rental income$3,024  $3,365  $6,001  $6,652