{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/842/40/#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":"842-40","subtopic_title":"Sale and Leaseback Transactions","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"842-40-50-1","para":"50-1","html":"
If a seller-lessee or a buyer-lessor enters into a sale and leaseback transaction that is accounted for in accordance with paragraphs 842-40-25-4 and
842-40-30-1 through 30-3
, it shall provide the disclosures required in paragraphs
842-20-50-1 through 50-10
for a seller-lessee or paragraphs
842-30-50-1 through 50-13
for a buyer-lessor.
","snippet":"If a seller-lessee or a buyer-lessor enters into a sale and leaseback transaction that is accounted for in accordance with paragraphs 842-40-25-4 and 842-40-30-1 through 30-3, it shall provide the disclosures required in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:851b57d5e67e16c37f0992a98ec97026ea464e7bc95d6e3eb28e1e8927926389","downloaded_from":"2026-09-10T01:57:52.852Z","last_downloaded_at":"2026-09-10T01:57:52.852Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479741","source_sha256":"81790590d73855057d48c5a5807092e09148ba192afc2e006053fca59c7864a9"}},{"citation":"842-40-50-2","para":"50-2","html":"
In addition to the disclosures required by paragraphs
842-20-50-1 through 50-10
, a seller-lessee that enters into a sale and leaseback transaction shall disclose both of the following:
  1. a
    The main terms and conditions of that transaction
  2. b
    Any gains or losses arising from the transaction separately from gains or losses on disposal of other assets.
","snippet":"In addition to the disclosures required by paragraphs 842-20-50-1 through 50-10, a seller-lessee that enters into a sale and leaseback transaction shall disclose both of the following:\n(a) The main terms and conditions o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f1fa147eaaace317b7ca70e521f6ac4e944943d8b7b6706f97292ce281fa6d1b","downloaded_from":"2026-09-10T01:57:52.852Z","last_downloaded_at":"2026-09-10T01:57:52.852Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479741","source_sha256":"81790590d73855057d48c5a5807092e09148ba192afc2e006053fca59c7864a9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e363971d7c452f8fc1a01e9eedafa9b7481ae54bc3647514ea0e2126ba5a82a9","downloaded_from":"2026-09-10T01:57:52.852Z","last_downloaded_at":"2026-09-10T01:57:52.852Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479741","source_sha256":"81790590d73855057d48c5a5807092e09148ba192afc2e006053fca59c7864a9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a5355a5803da93a42ba4eb48f8fdc27404887a8b5281183025d22b4ac4a89976","downloaded_from":"2026-09-10T01:57:52.852Z","last_downloaded_at":"2026-09-10T01:57:52.852Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479741","source_sha256":"81790590d73855057d48c5a5807092e09148ba192afc2e006053fca59c7864a9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a5355a5803da93a42ba4eb48f8fdc27404887a8b5281183025d22b4ac4a89976","downloaded_from":"2026-09-10T01:57:52.852Z","last_downloaded_at":"2026-09-10T01:57:52.852Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479741","source_sha256":"81790590d73855057d48c5a5807092e09148ba192afc2e006053fca59c7864a9"}}