{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/840/974/#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":"840","topic_title":"Leases","subtopic":"840-974","subtopic_title":"Real Estate—Real Estate Investment Trusts","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"840-974-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <a href=\"/updates/asu-2016-02/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2016-02</a> </div> </div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-02","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a3ad65625d85a9e0e0b44ebb5938f61123481976de91a519a5c0317ecc557f73","downloaded_from":"2026-09-10T01:54:52.716Z","last_downloaded_at":"2026-09-10T01:54:52.716Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479152","source_sha256":"f9a4b5cee8a3e326e473ceb3fa4092cb709d3277e83ec29e47e351e409eef229"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:666b4f02fa0ad1a97648dec7b9fbf8c686bce8268ba79b5bbe02e67e8e830602","downloaded_from":"2026-09-10T01:54:52.716Z","last_downloaded_at":"2026-09-10T01:54:52.716Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479152","source_sha256":"f9a4b5cee8a3e326e473ceb3fa4092cb709d3277e83ec29e47e351e409eef229"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dd72477f8b947e784370f06da8e7372d8376dc1e1093c7f9b651fbd72bf4fcdc","downloaded_from":"2026-09-10T01:54:52.716Z","last_downloaded_at":"2026-09-10T01:54:52.716Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479152","source_sha256":"f9a4b5cee8a3e326e473ceb3fa4092cb709d3277e83ec29e47e351e409eef229"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dd72477f8b947e784370f06da8e7372d8376dc1e1093c7f9b651fbd72bf4fcdc","downloaded_from":"2026-09-10T01:54:52.716Z","last_downloaded_at":"2026-09-10T01:54:52.716Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479152","source_sha256":"f9a4b5cee8a3e326e473ceb3fa4092cb709d3277e83ec29e47e351e409eef229"}}