{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/976/#05-overview-and-background","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"605","topic_title":"Revenue Recognition","subtopic":"605-976","subtopic_title":"Real Estate—Retail Land","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"605-976-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2014-09</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6643a61891cd940e6d278f8ab849675c7ad61267c240da6250636ba733cf7196","downloaded_from":"2026-09-10T00:53:08.329Z","last_downloaded_at":"2026-09-10T00:53:08.329Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478495","source_sha256":"ca78cc06f2f9c3a8c57e57bdd4403bf23ab977d3466372ee5c5f1fca43ebcf35"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e51dde2d3d02e85f6f9fa377f4bf4509f1f13d2ea43b4ed2421ddccf2a808c3e","downloaded_from":"2026-09-10T00:53:08.329Z","last_downloaded_at":"2026-09-10T00:53:08.329Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478495","source_sha256":"ca78cc06f2f9c3a8c57e57bdd4403bf23ab977d3466372ee5c5f1fca43ebcf35"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c1ebc7543e7aa8e1cc71adeca71b5768fd1dcc2876cc90dc211c045fc7df2633","downloaded_from":"2026-09-10T00:53:08.329Z","last_downloaded_at":"2026-09-10T00:53:08.329Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478495","source_sha256":"ca78cc06f2f9c3a8c57e57bdd4403bf23ab977d3466372ee5c5f1fca43ebcf35"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c1ebc7543e7aa8e1cc71adeca71b5768fd1dcc2876cc90dc211c045fc7df2633","downloaded_from":"2026-09-10T00:53:08.329Z","last_downloaded_at":"2026-09-10T00:53:08.329Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478495","source_sha256":"ca78cc06f2f9c3a8c57e57bdd4403bf23ab977d3466372ee5c5f1fca43ebcf35"}}