# ASC 610-20-50: Other Income — Gains and Losses from the Derecognition of Nonfinancial Assets — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/610/20/#50-disclosure)

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:55:11.268Z to 2026-09-10T00:55:11.268Z

Record version: sha256:225594bcb4b41f847f1f40c1049ff4c6ecb03c3186c2861fd31dd279df18a2b5

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 610-20-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/610/20/#50-disclosure)

SEC content: no

##### [610-20-50-1](https://asc.understandingaccounting.org/asc/610/20/#610-20-50-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:55:11.268Z to 2026-09-10T00:55:11.268Z

Record version: sha256:7185542a4022fa2a3119365ac778f594664f220c096fbbbef9b9091b305eab62

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


See paragraphs [360-10-50-3 through 50-3A](https://asc.understandingaccounting.org/asc/360/10/#360-10-50-3) for guidance on disclosure of a gain or loss recognized upon the derecognition of a long-lived asset ([disposal group](https://asc.understandingaccounting.org/glossary/d/#disposal-group "A disposal group for a long-lived asset or assets to be disposed of by sale or otherwise represents assets to be disposed of together as a group in a single transaction and liabilities directly associated with those assets that will be transferred in the transaction. A disposal group may include a discontinued operation along with other assets and liabilities that are not part of the discontinued operation.")).