Where a lease includes both land and real estate elements, an entity shall separately assess the classification of each element as a finance or operating lease. In determining whether the land element is an operating lessor or a financial lease, it is important that the land normally has an indefinite economic life [IAS 17.15A]. Whenever necessary to classify and account for a lease of land and buildings, the minimum rents (including any lump sum instalments) are allocated between the land and building elements at the beginning of the lease in relation to the relative fair value of the lease shares in the land and building element of the lease at the beginning of the lease. After receiving feedback from a large number of components, the SAVB published on August 17, 2010, a draft (ED) exponent that contains a proposed accounting framework that will significantly change the accounting of leases in the United States. One of the strengths of the ED and its effects is as follows: in the case of a sale and leasing transaction leading to leasing, any excess revenue is carried over above the book value and amortized over the term of the lease. . . .