Operating Leases, Income Statement, Percentage Revenue

NamePercentageRent
Namespacehttp://fasb.org/us-gaap/2020-01-31
Prefixus-gaap
Data typexbrli:monetaryItemType
Period typeduration
Substitution Groupxbrli:item
Balancecredit
NillableTrue
AbstractFalse

Labels

TextLangRoleContainer role
This element represents the rental revenue earned during the period from lessee-operators based on revenues generated in their operations, generally in excess of a base amount. Such rental revenue is generally stipulated in the lease agreement, usually will provide for a fixed percentage of revenue to be paid as additional (or possibly only) rent due the lessor, and may be based on gross revenues, net revenues, or multiple variations thereof. Percentage rent is often required under leases with retail outlets located on premises owned by hoteliers, cruise lines, others in the hospitality industry, and shopping mall operators, among others.en-UShttp://www.xbrl.org/2003/role/documentationhttp://www.xbrl.org/2003/role/link
Operating Leases, Income Statement, Percentage Revenueen-UShttp://www.xbrl.org/2003/role/labelhttp://www.xbrl.org/2003/role/link

References

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