{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/840/20/#00-status","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":"840","topic_title":"Leases","subtopic":"840-20","subtopic_title":"Operating Leases","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"840-20-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
Bargain Purchase OptionSupersededAccounting Standards Update No. 2016-0202/25/2016
Bargain Renewal OptionSupersededAccounting Standards Update No. 2016-0202/25/2016
Capital LeaseSupersededAccounting Standards Update No. 2016-0202/25/2016
Construction Period Lease PaymentsSupersededAccounting Standards Update No. 2016-0202/25/2016
Direct Financing LeaseAmendedAccounting Standards Update No. 2021-0507/19/2021
Indirectly Related to the Leased PropertySupersededAccounting Standards Update No. 2016-0202/25/2016
LeaseSupersededAccounting Standards Update No. 2016-0202/25/2016
Lease IncentiveSupersededAccounting Standards Update No. 2016-0202/25/2016
Lease InceptionSupersededAccounting Standards Update No. 2016-0202/25/2016
Lease TermSupersededAccounting Standards Update No. 2016-0202/25/2016
Noncancelable Lease TermSupersededAccounting Standards Update No. 2016-0202/25/2016
Operating LeaseSupersededAccounting Standards Update No. 2016-0202/25/2016
Original LesseeSupersededAccounting Standards Update No. 2016-0202/25/2016
PenaltySupersededAccounting Standards Update No. 2016-0202/25/2016
Sales-Type LeaseAmendedAccounting Standards Update No. 2021-0507/19/2021
Sales-Type LeaseSupersededAccounting Standards Update No. 2016-0202/25/2016
SubleaseSupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-05-1 through 05-4
SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-15-1 through 15-3
SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-25-1 through 25-22
SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-30-1SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-35-1 through 35-5
SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-40-1SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-40-2SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-40-3SupersededAccounting Standards Update No. 2014-0905/28/2014
840-20-40-4SupersededAccounting Standards Update No. 2014-0905/28/2014
840-20-40-5SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-40-5AmendedAccounting Standards Update No. 2014-0905/28/2014
840-20-40-6SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-45-1 through 45-3
SupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-50-1 through 50-4ASupersededAccounting Standards Update No. 2016-0202/25/2016
840-20-50-4AmendedMaintenance Update 2016-11 (PDF)06/27/2016
840-20-55-1 through 55-6
SupersededAccounting Standards Update No. 2016-0202/25/2016
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nBargain Purchase Option | Superseded | Accounting Standards Update No. 2016-02 | 02/25/2…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2622da1c2d5dc97bfcb6b6ecf1d16b89afe68133f6b2f8a053a5a2cfacfde55b","downloaded_from":"2026-09-10T01:52:37.678Z","last_downloaded_at":"2026-09-10T01:52:37.678Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481301","source_sha256":"d0344eef3c653ce7f9a765b001ab6a18df7d58664edf97bb158e3e33e9fac89d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f4749ad8ff9e5be4fa56f2a3bfd29d6a2600dd74b4fed45558703f5c8ea8b4ec","downloaded_from":"2026-09-10T01:52:37.678Z","last_downloaded_at":"2026-09-10T01:52:37.678Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481301","source_sha256":"d0344eef3c653ce7f9a765b001ab6a18df7d58664edf97bb158e3e33e9fac89d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a456f16be5d235b9236414aef71bad46b824f759de8f153d082a77f777588757","downloaded_from":"2026-09-10T01:52:37.678Z","last_downloaded_at":"2026-09-10T01:52:37.678Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481301","source_sha256":"d0344eef3c653ce7f9a765b001ab6a18df7d58664edf97bb158e3e33e9fac89d"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a456f16be5d235b9236414aef71bad46b824f759de8f153d082a77f777588757","downloaded_from":"2026-09-10T01:52:37.678Z","last_downloaded_at":"2026-09-10T01:52:37.678Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481301","source_sha256":"d0344eef3c653ce7f9a765b001ab6a18df7d58664edf97bb158e3e33e9fac89d"}}