Operating Leases, Income Statement, Percentage Revenue

NamePercentageRent
Namespacehttp://fasb.org/us-gaap/2022
Prefixus-gaap
Data typexbrli:monetaryItemType
Period typeduration
Substitution Groupxbrli:item
Balancecredit
NillableTrue
AbstractFalse

Labels

TextLangRoleContainer role
Operating Leases, Income Statement, Percentage Revenueen-UShttp://www.xbrl.org/2003/role/labelhttp://www.xbrl.org/2003/role/link
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

References

NameValueRole
elementCreationTaxonomyVersion2008http://fasb.org/us-gaap/role/tin/taxonomyImplementationNote
NoteElement is intended to be used for each reported period for which amendment from Accounting Standards Update identified in tin-part:Source_ASU_Number is not applied.http://fasb.org/us-gaap/role/tin/transition
SourceASUhttp://fasb.org/us-gaap/role/tin/transition
SourceNameLeaseshttp://fasb.org/us-gaap/role/tin/transition
Source_ASU_Number2016-02http://fasb.org/us-gaap/role/tin/transition
PublisherFASBhttp://fasb.org/us-gaap/role/ref/otherTransitionRef
NameAccounting Standards Codificationhttp://fasb.org/us-gaap/role/ref/otherTransitionRef
Topic220http://fasb.org/us-gaap/role/ref/otherTransitionRef
SubTopic10http://fasb.org/us-gaap/role/ref/otherTransitionRef
SectionS99http://fasb.org/us-gaap/role/ref/otherTransitionRef
Paragraph2http://fasb.org/us-gaap/role/ref/otherTransitionRef
Subparagraph(SX 210.5-03.1(e))http://fasb.org/us-gaap/role/ref/otherTransitionRef
URIhttps://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227http://fasb.org/us-gaap/role/ref/otherTransitionRef

Related Parent Concepts

NameRelation TypeRole
us-gaap:ASU201602TransitionAbstract
parent-childhttp://fasb.org/us-gaap/role/disclosure/Leases