Quarterly report pursuant to Section 13 or 15(d)

Finance leases receivable (Tables)

v3.22.2
Finance leases receivable (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of net finance leases receivable, non-performing

Performing net finance leases receivable consisted of the following:

 

   

June 30, 2022

    December 31, 2021  
Gross minimum lease payments receivable   $ 312,418     $ 367,505  
Accrued interest     1,539       1,783  
Less: unearned interest     (47,176 )     (62,638 )
Finance leases receivable     266,781       306,650  
Less current portion     (80,879 )     (76,727 )
Long term portion   $ 185,902     $ 229,923  
Schedule of minimum future payments receivable for performing finance leases receivable

At June 30, 2022, minimum future payments receivable for performing finance leases receivable were as follows:

 

12 months ending June 30,   Lease Receivable     Lease Interest  
2022   $ 80,879     $ 24,496  
2023     91,408       14,906  
2024     51,473       6,487  
2025     43,021       1,287  
    $ 266,781     $ 47,176