Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Net Investment in Sales-type Leases

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Net Investment in Sales-type Leases
 12 Months Ended
Dec. 31, 2016
Leases, Capital [Abstract]  
Net Investment in Sales-type Leases

Note 5. Net Investment in Sales-type Leases

The Company’s net investment in sales-type leases consisted of the following:

December 31, December 31,
2016 2015
(U.S. $ in thousands)
Future minimum lease payments receivable $            25,910       $            31,858
Less allowance for doubtful accounts (844 ) (682 )
Net future minimum lease payment receivable 25,066 31,176
Less unearned interest income (1,223 ) (1,687 )
Net investment in sales-type leases $ 23,843 $ 29,489

Future minimum lease payments due from customers under sales-type leases as of December 31, 2016 were as follows:

Year ending December 31, U.S. $ in thousands
2017 $ 13,283
2018 7,762
2019 3,217
2020 1,291
2021 and thereafter 357
$ 25,910

The interest income for sales-type leases is recorded in financial expense, net and amounted to approximately $1.0 million, $1.0 million and $0.8 million for the years ended December 31, 2016, 2015 and 2014, respectively.