Finance Leases Receivable (Tables)

9 Months Ended

Sep. 30, 2016

Finance Leases Receivable [Abstract]

Net investment included in sales-type finance leases receivable

At September 30, 2016 and December 31, 2015, the net investment included in sales-type finance leases receivable were as follows:

	September 30, 2016			December 31, 2015
Gross minimum lease payments receivable	$	21,952,600		$	14,074,500
Less unearned interest		(3,664,300	)		(2,178,900	)
Finance leases receivable	$	18,288,300		$	11,895,600

Minimum future lease revenue payments receivable under sales-type finance leases

As of September 30, 2016, future minimum lease payments receivable under sales-type finance leases were as follows:

Years ending
Remainder of 2016	$	842,900
2017		3,740,100
2018		3,663,600
2019		4,939,600
2020		2,727,600
Thereafter		6,038,800
	$	21,952,600