Lease and Mortgage Receivables
|3 Months Ended|
Sep. 30, 2011
|Lease And Mortgage Receivables|
|Lease and Mortgage Receivables||
Note (3) - Lease and Mortgage Receivables: Lease and mortgage receivables result from customer leases of equipment under arrangements which qualify as sales type leases. At September 30, 2011, future lease payments, net of deferred interest ($10,459 at September 30, 2011), due under these leases was $80,034. At June 30 2011, future lease payments, net of deferred interest ($14,100 at June 30, 2011), due under these leases was $102,709.
The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.
Reference 1: http://www.xbrl.org/2003/role/presentationRef