{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/842/30/#50-disclosure","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":"842","topic_title":"Leases","subtopic":"842-30","subtopic_title":"Lessor","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"842-30-50-1","para":"50-1","html":"
The objective of the disclosure requirements is to enable users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. To achieve that objective, a lessor shall disclose qualitative and quantitative information about all of the following:
  1. a
    Its leases (as described in paragraphs 842-30-50-3(a), 842-30-50-4, and 842-30-50-7)
  2. b
    The significant judgments made in applying the requirements in this Topic to those leases (as described in paragraph 842-30-50-3(b))
  3. c
    The amounts recognized in the financial statements relating to those leases (as described in paragraphs
    842-30-50-5 through 50-6
    and
    842-30-50-8 through 50-13
    ).
","snippet":"The objective of the disclosure requirements is to enable users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. To achieve that objective, a lessor shall disclose …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cd0ca2dcdba9aa1296775c9574284c162b93f047375247c622feacb0f3f77d24","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-2","para":"50-2","html":"
A lessor shall consider the level of detail necessary to satisfy the disclosure objective and how much emphasis to place on each of the various requirements. A lessor shall aggregate or disaggregate disclosures so that useful information is not obscured by including a large amount of insignificant detail or by aggregating items that have different characteristics.
","snippet":"A lessor shall consider the level of detail necessary to satisfy the disclosure objective and how much emphasis to place on each of the various requirements. A lessor shall aggregate or disaggregate disclosures so that u…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5dc9fb2442e748eeec81c01cf36d39d260ede15cfd12256081749d2ad106676","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-3","para":"50-3","html":"
A lessor shall disclose both of the following:
  1. a
    Information about the nature of its leases, including:
    1. 1
      A general description of those leases
    2. 2
      The basis and terms and conditions on which variable lease payments are determined
    3. 3
      The existence and terms and conditions of options to extend or terminate the lease
    4. 4
      The existence and terms and conditions of options for a lessee to purchase the underlying asset.
  2. b
    Information about significant assumptions and judgments made in applying the requirements of this Topic, which may include the following:
    1. 1
      The determination of whether a contract contains a lease (as described in paragraphs
      842-10-15-2 through 15-27
      )
    2. 2
      The allocation of the consideration in a contract between lease and nonlease components (as described in paragraphs
      842-10-15-28 through 15-32
      ),       unless a lessor elects the practical expedient in paragraph 842-10-15-42A and all nonlease components in the contract qualify for that practical expedient
    3. 3
      The determination of the amount the lessor expects to derive from the underlying asset following the end of the lease term.
","snippet":"A lessor shall disclose both of the following:\n(a) Information about the nature of its leases, including:\n(1) A general description of those leases\n(2) The basis and terms and conditions on which variable lease payments …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aa48e9610ad6010b3ee3c9aef88ee51bd5457125f3250f278894df8220e1c7dc","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-3A","para":"50-3A","html":"
An entity that elects the practical expedient in paragraph 842-10-15-42A on not separating nonlease components from associated lease components (including an entity that accounts for the combined component entirely in Topic 606 on revenue from contracts with customers) shall disclose the following, by class of underlying asset:
  1. a
    Its accounting policy election and the class or classes of underlying assets for which it has elected to apply the practical expedient
  2. b
    The nature of:
    1. 1
      The lease components and nonlease components combined as a result of applying the practical expedient
    2. 2
      The nonlease components, if any, that are accounted for separately from the combined component because they do not qualify for the practical expedient
  3. c
    The Topic the entity applies to the combined component (this Topic or Topic 606).
","snippet":"An entity that elects the practical expedient in paragraph 842-10-15-42A on not separating nonlease components from associated lease components (including an entity that accounts for the combined component entirely in To…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:73152543b452ad8319bf5be328c6083320b3b929068f191f717c6705cea38a88","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-4","para":"50-4","html":"
A lessor shall disclose any lease transactions between related parties (see Topic 850 on related party disclosures).
","snippet":"A lessor shall disclose any lease transactions between related parties (see Topic 850 on related party disclosures).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89b9f0b4a089724aa02a2e81108abf5c3d23c9478d2234efe44b580a1f65f816","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-5","para":"50-5","html":"
A lessor shall disclose lease income recognized in each annual and interim reporting period, in a tabular format, to include the following:
  1. a
    For sales-type leases and direct financing leases:
    1. 1
      Profit or loss recognized at the commencement date (disclosed on a gross basis or a net basis consistent with paragraph 842-30-45-4)
    2. 2
      Interest income either in aggregate or separated by components of the net investment in the lease.
  2. b
    For operating leases, lease income relating to lease payments.
  3. c
    Lease income relating to variable lease payments not included in the measurement of the lease receivable.
","snippet":"A lessor shall disclose lease income recognized in each annual and interim reporting period, in a tabular format, to include the following:\n(a) For sales-type leases and direct financing leases:\n(1) Profit or loss recogn…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1ad1027c46eb00122c0e1372ee4c6a908a749d46ab140afc1ae2af43f4a615d6","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-6","para":"50-6","html":"
A lessor shall disclose in the notes the components of its aggregate net investment in sales-type and direct financing leases (that is, the carrying amount of its lease receivables, its unguaranteed residual assets, and any deferred selling profit on direct financing leases).
","snippet":"A lessor shall disclose in the notes the components of its aggregate net investment in sales-type and direct financing leases (that is, the carrying amount of its lease receivables, its unguaranteed residual assets, and …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a6755ec0c510daa73422e141c3572a17cf0c9078929f711b0b37dd55ac343b4d","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-7","para":"50-7","html":"
A lessor shall disclose information about how it manages its risk associated with the residual value of its leased assets. In particular, a lessor should disclose all of the following:
  1. a
    Its risk management strategy for residual assets
  2. b
    The carrying amount of residual assets covered by residual value guarantees (excluding guarantees considered to be lease payments for the lessor, as described in paragraph 842-30-30-1(a)(2))
  3. c
    Any other means by which the lessor reduces its residual asset risk (for example, buyback agreements or variable lease payments for use in excess of specified limits).
","snippet":"A lessor shall disclose information about how it manages its risk associated with the residual value of its leased assets. In particular, a lessor should disclose all of the following:\n(a) Its risk management strategy fo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca2b0908dbe7c3172ad1fb43a8e196c2c4c2eeafe9b5c86104e578e890595eee","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d97304cfd5c50f5238b7090614444fd63a2e1cd56fa3eaba55f0cb35366618a8","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"block":null,"heading":"Sales-Type and Direct Financing Leases","paragraphs":[{"citation":"842-30-50-8","para":"50-8","html":"
In addition to the disclosures required by paragraphs
842-30-50-3 through 50-7
, a lessor also shall provide the disclosures in paragraphs
842-30-50-9 through 50-10
for sales-type leases and direct financing leases.
","snippet":"In addition to the disclosures required by paragraphs 842-30-50-3 through 50-7, a lessor also shall provide the disclosures in paragraphs 842-30-50-9 through 50-10 for sales-type leases and direct financing leases.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b944120d14edb4dc40649960b2ee3cce835741768ec225f9dfa08f4366f9e8ac","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-9","para":"50-9","html":"
A lessor shall explain significant changes in the balance of its unguaranteed residual assets and deferred selling profit on direct financing leases.
","snippet":"A lessor shall explain significant changes in the balance of its unguaranteed residual assets and deferred selling profit on direct financing leases.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b7b73836f08842044dc424470d3138a6319e1d883304bae6ff274784219dba6","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-10","para":"50-10","html":"
A lessor shall disclose a maturity analysis of its lease receivables, showing the undiscounted cash flows to be received on an annual basis for a minimum of each of the first five years and a total of the amounts for the remaining years. A lessor shall disclose a reconciliation of the undiscounted cash flows to the lease receivables recognized in the statement of financial position (or disclosed separately in the notes).
","snippet":"A lessor shall disclose a maturity analysis of its lease receivables, showing the undiscounted cash flows to be received on an annual basis for a minimum of each of the first five years and a total of the amounts for the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:13d78fc95343961e49b2d3f87880ce453b23196fa82a7c533e9cb8861dc15085","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:16d185b5f66adf0720f5092b7d18530572d325b416b8de1786ba0f9e4068972b","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"block":null,"heading":"Operating Leases","paragraphs":[{"citation":"842-30-50-11","para":"50-11","html":"
In addition to the disclosures required by paragraphs
842-30-50-3 through 50-7
, a lessor also shall provide the disclosures in paragraphs
842-30-50-12 through 50-13
for operating leases.
","snippet":"In addition to the disclosures required by paragraphs 842-30-50-3 through 50-7, a lessor also shall provide the disclosures in paragraphs 842-30-50-12 through 50-13 for operating leases.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:43291e6f03ea740c5682c8d34252c4070a1820c5da94b9a8aed620b4f83a2885","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-12","para":"50-12","html":"
A lessor shall disclose a maturity analysis of lease payments, showing the undiscounted cash flows to be received on an annual basis for a minimum of each of the first five years and a total of the amounts for the remaining years. A lessor shall present that maturity analysis separately from the maturity analysis required by paragraph 842-30-50-10 for sales-type leases and direct financing leases.
","snippet":"A lessor shall disclose a maturity analysis of lease payments, showing the undiscounted cash flows to be received on an annual basis for a minimum of each of the first five years and a total of the amounts for the remain…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:08ba1068c77c591987eded84121fd06fbf449fcb4b1a1de61fe2a4270941ee7a","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"citation":"842-30-50-13","para":"50-13","html":"
A lessor shall provide disclosures required by Topic 360 on property, plant, and equipment separately for underlying assets under operating leases from owned assets.
","snippet":"A lessor shall provide disclosures required by Topic 360 on property, plant, and equipment separately for underlying assets under operating leases from owned assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0459cf442b69021cfe2e80b4f64631b9fb1f66bec24b1189d1e6c6f3229a76ee","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c36f4b6f5531bc36cfcf7d51daf7859e9fdcfe2e43e85d3159727ec4f2c5184e","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},{"block":null,"heading":"Separating Components of a Contract","paragraphs":[{"citation":"842-30-50-14","para":"50-14","html":"
A lessor that makes the accounting policy election in paragraph 842-10-15-39A shall disclose its accounting policy election and comply with the disclosure requirements in paragraphs
235-10-50-1 through 50-6
.
","snippet":"A lessor that makes the accounting policy election in paragraph 842-10-15-39A shall disclose its accounting policy election and comply with the disclosure requirements in paragraphs 235-10-50-1 through 50-6.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e2696f197ad2fcaeb50282a5daa957ccd7946987d7d6e4996808c315649defd","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cf5d612206bee9acc6b8c341b6b0f7ae0f117b83fc730134c89c4591ec4647b8","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e228df121a0928ecf2d756a04943112ec1f5265567a8abd2096f0395c773eb4e","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e228df121a0928ecf2d756a04943112ec1f5265567a8abd2096f0395c773eb4e","downloaded_from":"2026-09-10T01:57:28.840Z","last_downloaded_at":"2026-09-10T01:57:28.840Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479773","source_sha256":"9599e3faff3defe4048b454affc6594950273ea0e47e5c7a132d36b957714802"}}