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Finance Lease Receivables
12 Months Ended
Dec. 31, 2013
Receivables [Abstract]  
FINANCE LEASE RECEIVABLES
FINANCE LEASE RECEIVABLES

The Company provides financing arrangements to customers purchasing its products. These financing arrangements are largely classified and accounted for as sales-type leases. The Company did not sell any finance lease receivables in 2013. In 2012 and 2011, the Company sold finance lease receivables of $50,225 and $14,987, respectively.

The following table presents the components of finance lease receivables as of December 31:
 
2013
 
2012
Gross minimum lease receivable
$
109,312

 
$
76,763

Allowance for credit losses
(439
)
 
(525
)
Estimated unguaranteed residual values
6,979

 
7,508

 
115,852

 
83,746

Less:
 
 
 
Unearned interest income
(9,345
)
 
(4,771
)
Unearned residuals
(1,016
)
 
(1,319
)
 
(10,361
)
 
(6,090
)
Total
$
105,491

 
$
77,656



Future minimum payments due from customers under finance lease receivables as of December 31, 2013 are as follows:
2014
$
34,941

2015
29,778

2016
22,811

2017
10,805

2018
4,085

Thereafter
6,892

 
$
109,312