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  "documentTitle": "Plug Power Inc. (PLUG)",
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      "text": "As of Q3, management accounts for arrangement as an operating lease and recognizes all associated revenue up front under ASC 842 (adopted Q3)",
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      "text": "Management expands lease agreement with Wells Fargo just as it amends the agreement (after the close of Q2)",
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      "text": "Spruce Point finds it interesting that management restructured this lease agreement just as new lease accounting standards permitted it to recognize associated revenue and profit up front.",
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      "text": "1 PLUG 2018 Q2 10-Q",
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      "text": "2 Jul 30, 2018: Master Lease Agreement Amended",
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      "kind": "title",
      "text": "Sacrificing Liquidity To Revert To Operating-Type Sale/Leasebacks?",
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