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Finance Lease Receivables
12 Months Ended
Dec. 31, 2014
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 following table presents finance lease receivables sold by the Company for the years ended December 31:
 
2014
 
2013
 
2012
Finance lease receivables sold
$
21,958

 
$

 
$
50,225


The following table presents the components of finance lease receivables as of December 31:
 
2014
 
2013
Gross minimum lease receivable
$
161,241

 
$
109,312

Allowance for credit losses
(385
)
 
(439
)
Estimated unguaranteed residual values
6,057

 
6,979

 
166,913

 
115,852

Less:
 
 
 
Unearned interest income
(1,266
)
 
(9,345
)
Unearned residuals
(7,345
)
 
(1,016
)
 
(8,611
)
 
(10,361
)
Total
$
158,302

 
$
105,491



Future minimum payments due from customers under finance lease receivables as of December 31, 2014 are as follows:
2015
$
59,466

2016
56,226

2017
36,943

2018
4,521

2019
2,050

Thereafter
2,035

 
$
161,241