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Leases (Tables)
12 Months Ended
Dec. 31, 2018
Leases [Abstract]  
Net investment in direct financing and sales-type leases
The net investment in direct financing and sales-type leases consisted of:

 
 
December 31,
 
 
2018
 
2017
 
 
(In thousands)
Total minimum lease payments receivable
 
$
715,165

 
713,857

Less: Executory costs
 
(206,181
)
 
(216,754
)
Minimum lease payments receivable
 
508,984

 
497,103

Less: Allowance for uncollectibles
 
(475
)
 
(327
)
Net minimum lease payments receivable
 
508,509

 
496,776

Unguaranteed residuals
 
41,044

 
41,937

Less: Unearned income
 
(89,884
)
 
(91,870
)
Net investment in direct financing and sales-type leases
 
459,669

 
446,843

Current portion
 
(83,962
)
 
(81,996
)
Non-current portion
 
$
375,707

 
364,847

Credit risk profile by creditworthiness category of direct financing lease receivables
The following table presents the credit risk profile by creditworthiness category of our direct financing lease receivables at December 31, 2018 and 2017:
 
December 31,
 
2018
 
2017
 
(In thousands)
Very low risk to low risk
$
194,383

 
201,434

Moderate
220,560

 
198,464

Moderately high to high risk
94,041

 
97,205

 
$
508,984

 
497,103

Future minimum payments for leases
Future minimum payments for leases in effect at December 31, 2018 were as follows:
 
 
As Lessor (1)
 
As Lessee
 
 
Operating
Leases
 
Direct Financing and Sales-Type
Leases
 
Operating
Leases
 
 
(In thousands)
2019
 
$
1,192,786

 
115,075

 
94,697

2020
 
919,089

 
117,717

 
66,420

2021
 
673,875

 
96,879

 
43,985

2022
 
438,477

 
70,520

 
29,797

2023
 
262,677

 
44,437

 
13,701

Thereafter
 
231,963

 
64,356

 
29,216

Total
 
$
3,718,867

 
508,984

 
277,816

____________________
(1)
Amounts do not include contingent rentals, which may be received under certain leases on the basis of miles or changes in the Consumer Price Index. Contingent rentals from operating leases included in revenue were $377 million in 2018, $357 million in 2017 and $342 million in 2016. Contingent rentals from direct financing leases included in revenue were $18 million in 2018, $15 million in 2017 and $12 million in 2016 .