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Finance Assets (Tables)
 3 Months Ended
Mar. 31, 2014
Receivables [Abstract]  
Financing Receivables
Finance receivables at March 31, 2014 and December 31, 2013 consisted of the following:
 
March 31, 2014
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,340,592

 
$
450,071

 
$
1,790,663

Unguaranteed residual values
113,423

 
21,584

 
135,007

Unearned income
(280,590
)
 
(101,170
)
 
(381,760
)
Allowance for credit losses
(12,907
)
 
(9,779
)
 
(22,686
)
Net investment in sales-type lease receivables
1,160,518

 
360,706

 
1,521,224

Loan receivables
 

 
 

 
 

Loan receivables
387,394

 
50,732

 
438,126

Allowance for credit losses
(10,994
)
 
(1,941
)
 
(12,935
)
Net investment in loan receivables
376,400

 
48,791

 
425,191

Net investment in finance receivables
$
1,536,918

 
$
409,497

 
$
1,946,415

 
 
 
 
 
 
 
December 31, 2013
 
North America
 
International
 
Total
Sales-type lease receivables
 

 
 

 
 

Gross finance receivables
$
1,456,420

 
$
456,759

 
$
1,913,179

Unguaranteed residual values
121,339

 
21,553

 
142,892

Unearned income
(299,396
)
 
(101,311
)
 
(400,707
)
Allowance for credit losses
(14,165
)
 
(9,703
)
 
(23,868
)
Net investment in sales-type lease receivables
1,264,198

 
367,298

 
1,631,496

Loan receivables
 

 
 

 
 

Loan receivables
397,815

 
49,054

 
446,869

Allowance for credit losses
(11,165
)
 
(1,916
)
 
(13,081
)
Net investment in loan receivables
386,650

 
47,138

 
433,788

Net investment in finance receivables
$
1,650,848

 
$
414,436

 
$
2,065,284
Allowance for Credit Losses on Financing Receivables
Activity in the allowance for credit losses for the three months ended March 31, 2014 and 2013 was as follows:
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
Balance at January 1, 2014
$
14,165

 
$
9,703

 
$
11,165

 
$
1,916

 
$
36,949

Amounts charged to expense
1,052

 
169

 
2,492

 
361

 
4,074

Accounts written off
(2,310
)
 
(93
)
 
(2,663
)
 
(336
)
 
(5,402
)
Balance at March 31, 2014
$
12,907

 
$
9,779

 
$
10,994

 
$
1,941

 
$
35,621

 
 
 
 
 
 
 
 
 
 
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
Balance at January 1, 2013
$
16,979

 
$
8,662

 
$
12,322

 
$
2,131

 
$
40,094

Amounts charged to expense
1,067

 
360

 
2,462

 
70

 
3,959

Accounts written off
(2,474
)
 
(1,255
)
 
(2,955
)
 
(389
)
 
(7,073
)
Balance at March 31, 2013
$
15,572

 
$
7,767

 
$
11,829

 
$
1,812

 
$
36,980
Past Due Financing Receivables
The aging of gross finance receivables at March 31, 2014 and December 31, 2013 was as follows:
 
March 31, 2014
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
< 31 days
$
1,272,429

 
$
413,892

 
$
369,365

 
$
48,540

 
$
2,104,226

> 30 days and < 61 days
26,751

 
11,198

 
9,836

 
1,177

 
48,962

> 60 days and < 91 days
20,887

 
11,440

 
3,500

 
536

 
36,363

> 90 days and < 121 days
6,642

 
4,089

 
2,040

 
183

 
12,954

> 120 days
13,883

 
9,452

 
2,653

 
296

 
26,284

Total
$
1,340,592

 
$
450,071

 
$
387,394

 
$
50,732

 
$
2,228,789

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
6,642

 
$
4,089

 
$
—

 
$
—

 
$
10,731

Not accruing interest
13,883

 
9,452

 
4,693

 
479

 
28,507

Total
$
20,525

 
$
13,541

 
$
4,693

 
$
479

 
$
39,238


 
December 31, 2013
 
Sales-type Lease Receivables
 
Loan Receivables
 
 
 
North
America
 
International
 
North
America
 
International
 
Total
< 31 days
$
1,383,253

 
$
425,923

 
$
379,502

 
$
42,573

 
$
2,231,251

> 30 days and < 61 days
32,102

 
11,760

 
10,464

 
4,391

 
58,717

> 60 days and < 91 days
20,830

 
5,724

 
3,330

 
1,363

 
31,247

> 90 days and < 121 days
6,413

 
3,979

 
1,809

 
311

 
12,512

> 120 days
13,822

 
9,373

 
2,710

 
416

 
26,321

Total
$
1,456,420

 
$
456,759

 
$
397,815

 
$
49,054

 
$
2,360,048

Past due amounts > 90 days
 

 
 

 
 

 
 

 
 

Still accruing interest
$
6,413

 
$
3,979

 
$
—

 
$
—

 
$
10,392

Not accruing interest
13,822

 
9,373

 
4,519

 
727

 
28,441

Total
$
20,235

 
$
13,352

 
$
4,519

 
$
727

 
$
38,833
Financing Receivable Credit Quality Indicators
 
March 31,
2014
 
December 31,
2013
Sales-type lease receivables
 

 
 

Low
$
1,024,369

 
$
1,081,853

Medium
205,935

 
244,379

High
46,768

 
51,851

Not Scored
63,520

 
78,337

Total
$
1,340,592

 
$
1,456,420

Loan receivables
 

 
 

Low
$
272,234

 
$
279,607

Medium
89,219

 
95,524

High
10,663

 
11,511

Not Scored
15,278

 
11,173

Total
$
387,394

 
$
397,815
Schedule of Components of Leveraged Lease Investments
Our investment in leveraged lease assets at March 31, 2014 and December 31, 2013 consisted of the following:
 
March 31,
2014
 
December 31,
2013
Rental receivables
$
56,317

 
$
61,721

Unguaranteed residual values
12,729

 
13,235

Principal and interest on non-recourse loans
(31,061
)
 
(35,449
)
Unearned income
(4,295
)
 
(5,097
)
Investment in leveraged leases
33,690

 
34,410

Less: deferred taxes related to leveraged leases
(13,769
)
 
(15,078
)
Net investment in leveraged leases
$
19,921

 
$
19,332