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LEASES
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended September 30,Nine months ended September 30,
 (In thousands)2022202120222021
Operating leases
Lease income related to ChoiceLease$367,009 $383,669 $1,127,391 $1,159,930 
Lease income related to commercial rental (1)
332,568 287,612 955,927 752,994 
Sales-type leases
Interest income related to net investment in leases$11,986 $10,925 $32,941 $36,380 
Variable lease income excluding commercial rental (1)
$80,688 $75,621 $226,030 $219,743 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% to 25% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In thousands)September 30, 2022December 31, 2021
Net investment in the lease — lease payment receivable$537,090 $583,008 
Net investment in the lease — unguaranteed residual value in assets36,789 46,740 
573,879 629,748 
Estimated loss allowance(3,245)(3,705)
Total$570,634 $626,043 
LEASES LEASES
Leases as Lessor
The components of lease income were as follows:
Three months ended September 30,Nine months ended September 30,
 (In thousands)2022202120222021
Operating leases
Lease income related to ChoiceLease$367,009 $383,669 $1,127,391 $1,159,930 
Lease income related to commercial rental (1)
332,568 287,612 955,927 752,994 
Sales-type leases
Interest income related to net investment in leases$11,986 $10,925 $32,941 $36,380 
Variable lease income excluding commercial rental (1)
$80,688 $75,621 $226,030 $219,743 
————————————
(1)Lease income related to commercial rental includes both fixed and variable lease income. Variable income is approximately 15% to 25% of total commercial rental income based on management's internal estimates.

The components of net investment in sales-type leases, which are included in "Receivables, net" and "Sales-type leases and other assets" in the Condensed Consolidated Balance Sheets, were as follows:
(In thousands)September 30, 2022December 31, 2021
Net investment in the lease — lease payment receivable$537,090 $583,008 
Net investment in the lease — unguaranteed residual value in assets36,789 46,740 
573,879 629,748 
Estimated loss allowance(3,245)(3,705)
Total$570,634 $626,043