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Lessor Leases (Tables)
 9 Months Ended
Sep. 30, 2023
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, 2023 and 2022:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
(In thousands)
Sales-type lease revenues$14,388 $10,115 $27,960 $34,033 
Cost of sales-type lease revenues(7,141)(5,357)(14,183)(16,963)
Selling profit on sales-type lease revenues$7,247 $4,758 $13,777 $17,070 
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, 2023 and December 31, 2022:
September 30,
2023		December 31,
2022
(In thousands)
Net minimum lease payments to be received$62,470 $50,755 
Less: Unearned interest income portion(9,221)(6,345)
Net investment in sales-type leases53,249 44,410 
Less: Current portion (1)
(11,618)(11,486)
Long-term investment in sales-type leases, net$41,631 $32,924 
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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,
2023
(In thousands)
Remaining three months of 2023$3,828 
202413,431 
202511,351 
20269,053 
20277,286 
Thereafter17,521 
Total future minimum sales-type lease payments62,470 
Present value adjustment(9,221)
Total net investment in sales-type leases$53,249 
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, 2023 and 2022:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
(In thousands)
Rental income$1,330 $2,327 $5,459 $7,220