Calendar year ("leap days" or "intercalary days"). The Gregorian year, which is in use in most of the world, begins on January 1 and ends on December 31. It has a length of 365 days in an ordinary year, with 8,760 hours, 525,600 minutes, or 31,536,000 seconds; but 366 days in a leap year, with 8,784 hours, 527,040 minutes, or 31,622,400 seconds. With 97 leap years every 400 years, the year has an average length of 365.2425 days. Other formula-based calendars can have lengths which are further out of step with the solar cycle: for example, the Julian calendar has an average
Middle-earth calendar more generally: The Elves also have a regular 365-day solar year called "coranar" meaning "sun-round" or more commonly "loa" meaning "growth". The Elven year, which began near the northward equinox, is divided into six seasons or 'months' which consist of four 54-day months and two 72-day months. Five or eight extra days outside the seasons make the length of the "loa" 365 or 368 days. Most years are 365 days, but every twelfth year is 368 days, resulting in an average year of 365.25 days with the additional suggestion that the 'Reckoning of Rivendell' made a further correction by omitting