This account represents the value of the intangible Right to Use lease asset for leased land and permanent easements accounted for under GASB Statement 87, Leases. This account is for use by governmental and proprietary funds, including component units of the State of North Carolina. The value in this account should include all capitalizable costs applicable under GASB Statement 87, Leases. See OSC Statewide Accounting Policy 105.7 and the GASB 87 Financial Reporting Update for further details.