Finance Leases Receivable

3 Months Ended

Mar. 31, 2018

Finance Leases Receivable [Abstract]

Finance Leases Receivable

2.Finance Leases Receivable

At March 31, 2018 and December 31, 2017, the net investment included in finance leases and direct financing leases receivable were as follows:

	March 31, 2018			December 31, 2017
Gross minimum lease payments receivable	$	26,027,700		$	27,074,400
Less unearned interest		(3,134,300	)		(3,513,400	)
Finance leases receivable	$	22,893,400		$	23,561,000

As of March 31, 2018, minimum future payments receivable under finance leases were as follows:

Years ending
Remainder of 2018	$	5,215,500
2019		7,087,600
2020		5,036,600
2021		5,381,000
2022		3,307,000
	$	26,027,700