Finance Leases Receivable

6 Months Ended

Jun. 30, 2018

Finance Leases Receivable [Abstract]

Finance Leases Receivable

2.Finance Leases Receivable

At June 30, 2018 and December 31, 2017, the net investment included in finance leases and direct financing leases receivable were as follows:

	June 30, 2018			December 31, 2017
Gross minimum lease payments receivable	$	24,839,100		$	27,074,400
Less unearned interest		(2,773,000	)		(3,513,400	)
Finance leases receivable	$	22,066,100		$	23,561,000

As of June 30, 2018, minimum future payments receivable under finance leases were as follows:

Years ending
Remainder of 2018	$	4,026,900
2019		7,087,600
2020		5,036,600
2021		5,381,000
2022		3,307,000
	$	24,839,100