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How do you calculate the ST vs. LT portion of deferred rent liability when the peak balance is more than one year away?

We are still under ASC 840 and need to finalize accounting treatment for a new 10 year lease. The peak liability is four years out so the liability is still increasing during the ST period over the next 12 months. I am unable to locate specific accounting guidance related to the ST/LT breakout when the peak balance is further than 12 months out but have seen the liability treated as 100% LT in this scenario. Is there specific guidance I can refer to that addresses this scenario?


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