Quarterly report pursuant to Section 13 or 15(d)

Recent Accounting Pronouncements

v3.19.2
Recent Accounting Pronouncements
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Recent Accounting Pronouncements
Note 13 - Recent Accounting Pronouncements    
Standards recently adopted
In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). This ASU requires (a) an entity to separate the lease components from the non-lease components in a contract where the lease component will be accounted for under ASU 2016-02 and the non-lease component will be accounted for under ASU 2014-09, (b) recognition of lease assets and lease liabilities by lessees and derecognition of the leased asset and recognition of a net investment in the lease by the lessor and (c) additional disclosure requirements for both lessees and lessors. We adopted the ASU 2016-02, Leases (Topic 842) effective January 1, 2019, using the modified retrospective transition method applied at the beginning of the period of adoption. See Note 5 - Operating Leases for further details.