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

Net Investment in Sales-type Leases (Tables)

v2.4.0.6
Net Investment in Sales-type Leases (Tables)
12 Months Ended
Dec. 31, 2012
Leases, Capital [Abstract]  
Schedule of Net Investment in Sales-Type Leases [Table Text Block]

The Company’s net investment in sales-type leases consisted of the following as of December 31, 2012 and 2011:

in thousands       2012       2011
Future minimum lease payments receivable $       14,169 $       9,678
Less allowance for doubtful accounts (301 ) (230 )
Net future minimum lease payment receivable     13,868       9,448  
Less unearned interest income (862 ) (658 )
Net investment in sales-type leases $ 13,006 $ 8,790
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

Future minimum lease payments due from customers under sales-type leases as of December 31, 2012 were as follows (in thousands):

Year ending December 31,      
2013 $ 5,857
2014 4,047
2015 2,443
2016   1,375
2017 440
Thereafter 7
$ 14,169