the lessee is to consider, under the ASC 450 criteria for evaluating contingencies, whether the likelihood of loss is considered remote, reasonably possible, or probable before considering any available reimbursements available from insurance companies or other third parties. If the probability of ...
which are an example of a contingency event, remeasurement of lease payments for contingencies are required when some or all of the variable payments that will be made for the remainder of the lease term