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Lessor Leases (Tables)
 9 Months Ended
Sep. 30, 2022
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 nine months ended September 30, 2022 and 2021:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
(In thousands)
Sales-type lease revenues$10,115 $3,892 $34,033 $14,503 
Cost of sales-type lease revenues(5,357)(1,699)(16,963)(5,678)
Selling profit on sales-type lease revenues$4,758 $2,193 $17,070 $8,825 
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 September 30, 2022 and December 31, 2021:
September 30,
2022		December 31,
2021
(In thousands)
Net minimum lease payments to be received$52,644 $31,444 
Less: Unearned interest income portion(6,251)(2,388)
Net investment in sales-type leases46,393 29,056 
Less: Current portion (1)
(12,586)(10,665)
Long-term investment in sales-type leases, net$33,807 $18,391 
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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:
September 30,
2022
(In thousands)
Remaining three months of 2022$3,782 
202313,314 
202410,064 
20258,171 
20266,387 
Thereafter10,926 
Total future minimum sales-type lease payments52,644 
Present value adjustment(6,251)
Total net investment in sales-type leases$46,393 
Income Recognized from Operating Leases
The following table represents the Company’s income recognized from operating leases for the three and nine months ended September 30, 2022 and 2021:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
(In thousands)
Rental income$2,327 $2,474 $7,220 $8,278