Finance Leases Receivable (Tables)

9 Months Ended

Sep. 30, 2018

Finance Leases Receivable [Abstract]

Net Investment Included in Finance Leases and Direct Financing Leases Receivable

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

	September 30, 2018			December 31, 2017
Gross minimum lease payments receivable	$	18,160,700		$	27,074,400
Less unearned interest		(2,105,200	)		(3,513,400	)
Finance leases receivable	$	16,055,500		$	23,561,000

Minimum Future Payments Receivable Under Finance Leases

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

Years ending
Remainder of 2018	$	1,891,500
2019		4,047,600
2020		4,208,600
2021		4,805,000
2022		3,208,000
	$	18,160,700