| FINANCE LEASES, NET |
FINANCE LEASES, NET Finance leases, net are summarized as follows: | | | | | | | | | | | | | | December 31, 2015 | | Offshore Energy | | Shipping Containers | | Total | Finance leases | $ | 20,037 |
| | $ | 82,332 |
| | $ | 102,369 |
| Unearned revenue | (9,915 | ) | | (9,933 | ) | | (19,848 | ) | Finance leases, net | $ | 10,122 |
| | $ | 72,399 |
| | $ | 82,521 |
|
| | | | | | | | | | | | | | December 31, 2014 | | Offshore Energy | | Shipping Containers | | Total | Finance leases | $ | 22,045 |
| | $ | 109,492 |
| | $ | 131,537 |
| Unearned revenue | (11,580 | ) | | (17,144 | ) | | (28,724 | ) | Finance leases, net | $ | 10,465 |
| | $ | 92,348 |
| | $ | 102,813 |
|
At December 31, 2015, future minimum lease payments to be received under finance leases for the remainder of the lease terms are as follows: | | | | | | | | | | | | | | Offshore Energy | | Shipping Containers | | Total | 2016 | $ | 2,013 |
| | $ | 25,680 |
| | $ | 27,693 |
| 2017 | 2,008 |
| | 51,308 |
| | 53,316 |
| 2018 | 2,008 |
| | 5,344 |
| | 7,352 |
| 2019 | 2,008 |
| | — |
| | 2,008 |
| 2020 | 2,013 |
| | — |
| | 2,013 |
| Thereafter | 9,987 |
| | — |
| | 9,987 |
| Total | $ | 20,037 |
| | $ | 82,332 |
| | $ | 102,369 |
|
On March 9, 2016, the Company consummated the sale of approximately 39,000 shipping containers that were subject to a direct finance lease. See Note 19, Subsequent Events.
|