Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Finance leases receivable: Schedule of Investment included in finance leases (Details)

v3.19.3
Note 9 - Finance leases receivable: Schedule of Investment included in finance leases (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Gross minimum lease payments receivable $ 2,071,084 $ 2,097,985
Accrued interest 2,417 8,064
Less: unearned interest (556,855) (568,768)
Less: reserve for bad debt (752,148)  
Finance leases receivable 764,498 1,537,281
Less current portion (364,061) (175,727)
Long term portion 400,437 1,361,554
Partner I    
Gross minimum lease payments receivable 1,455,685 1,516,985
Accrued interest 0 5,312
Less: unearned interest (400,005) (410,837)
Less: reserve for bad debt (752,148)  
Finance leases receivable 303,532 1,111,460
Less current portion (303,532) (127,644)
Long term portion 0 983,816
Partner II    
Gross minimum lease payments receivable 615,399 581,000
Accrued interest 2,417 2,752
Less: unearned interest (156,850) (157,931)
Less: reserve for bad debt 0  
Finance leases receivable 460,966 425,821
Less current portion (60,529) (48,083)
Long term portion $ 400,437 $ 377,738