What will be an ideal response?
Answer: For capital leases, the lessor must provide information related to:
1. Components of net investment in both sales-type capital and direct-finance capital leases.
2. The future minimum lease payments to be received for each of the next five years and the remainder in aggregate.
For operating leases, disclosures include:
1. The cost or carrying value (if different) of assets held and leased to others, net of accumulated depreciation.
2. Future minimum lease payments on non-cancellable leases.