XML 120 R16.htm IDEA: XBRL DOCUMENT

Operating Lease Equipment	3 Months Ended
Mar. 31, 2015
Operating Lease Equipment
Operating Lease Equipment	8. Operating Lease Equipment As part of a periodic review of long lived assets for impairment associated with operating lease assets, the Bancorp identified an impairment regarding certain medium and large cabin corporate aircraft subject to leases expiring in 2017 and later. After applying the appropriate tests under current accounting guidance, it was determined that such recoverability was in doubt and the assets had, in fact, been impaired. The impact of the impairment was $30 million which was recognized as a reduction to corporate banking revenue in the Condensed Consolidated Statements of Income during the three months ended March 31, 2015 as such diminution in value of the assets was associated with both the period ended March 31, 2015 and prior periods. The Bancorp assessed the materiality of this impairment and concluded it was immaterial to currently reported interim amounts and previously reported annual and interim amounts.

Operating Lease Equipment

3 Months Ended

Mar. 31, 2015

8. Operating Lease Equipment

As part of a periodic review of long lived assets for impairment associated with operating lease assets, the Bancorp identified an impairment regarding certain medium and large cabin corporate aircraft subject to leases expiring in 2017 and later. After applying the appropriate tests under current accounting guidance, it was determined that such recoverability was in doubt and the assets had, in fact, been impaired. The impact of the impairment was $30 million which was recognized as a reduction to corporate banking revenue in the Condensed Consolidated Statements of Income during the three months ended March 31, 2015 as such diminution in value of the assets was associated with both the period ended March 31, 2015 and prior periods. The Bancorp assessed the materiality of this impairment and concluded it was immaterial to currently reported interim amounts and previously reported annual and interim amounts.

- Definition

The entire disclosure for operating leases of a lessor. This may include a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

+ References+ Details