{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/235/946/#sec-99-sec-materials","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"235","topic_title":"Notes to Financial Statements","subtopic":"235-946","subtopic_title":"Financial Services—Investment Companies","section":{"number":"S99","label":"SEC 99 SEC Materials","anchor":"sec-99-sec-materials","is_sec":true,"groups":[{"block":null,"heading":"SEC Rules, Regulations, and Interpretations","paragraphs":[{"citation":"235-946-S99-1","para":"S99-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following is the text of Regulation S-X Rule 12-24, Real Estate Owned and Rental Income (17 CFR 210.12-24). <ul class=\"ul simple\" id=\"d3e608452-123001__GUID-C57BA2CC-4F6F-4BB4-8CED-2D7D5B20D2B7\"><li class=\"li\" id=\"d3e608452-123001__SL6349734-123001\"><div class=\"p\"><div class=\"fig figure fignone\"><img src=\"/asc-img/GUID-EA77EA42-D24D-4782-B313-35996241C71A-low.gif\" altsource=\"GUID-EA77EA42-D24D-4782-B313-35996241C71A-low.gif\" loading=\"lazy\"><span class=\"sfragment\" id=\"sfr_1114561C-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"></span></span><div class=\"figcaption\">Reg. § 210.12-24 Real Estate Owned and Rental Income1 Part 1—Real estate owned at end of period Part 2—Rental Income Column A Column B Column C Column D Column E Column F Column G Column H Column I Column J \"List classification of property as indicated below2,3 \" Amount of incumbrances Initial cost to company \"Cost of improvements, etc. \" \"Amount at which carried at close of period4,5,6,7 \" Reserve for depreciation Rents due and accrued at end of period \"Total rental income applicable to period \" \"Expended for interest, taxes, repairs and expenses \" Net income applicable to period Total8 .................... ............... ............... ............... ............... ............... ............... ............... ............... ............... Rent from properties sold during period xxxxx xxxxx xxxxx xxxxx xxxxx xxxxx ............... ................. ............... Total xxxxx xxxxx xxxxx xxxxx xxxxx xxxxx ............... ............... ............... 1\tAll money columns shall be totaled. 2\t\"Each item of property included in column E in an amount in excess of $100,000 shall be listed separately.\" 3\tIn a separate schedule classify by states in which the real estate owned is located the total amounts in support of columns E and F. 4\t\"In a footnote to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was carried at the beginning of the period with the total amount shown in column E: Balance at beginning of period ............................................................................................................ $ Additions during period: Acquisitions through foreclosure ..................................................... $ Other acquisitions ......................................................................... Improvements, etc. ........................................................................ Other (describe) ................................................................................. Deductions during period: Cost of real estate sold ................................................................... $ Other (describe) ............................................................................. Balance at close of period .................................................................................................................... $ If additions, except acquisitions through foreclosure, represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly, with affiliates, explain and state the amount of any intercompany gain or loss.\" 5\t\"If any item of real estate investments has been written down or reserved against pursuant to § 210.6-03(d), describe the item and explain the basis for the write-down or reserve.\" 6\tState in a footnote to column E the aggregate cost for Federal income tax purposes. 7\tThe amount of all intercompany profits included in the total of column E shall be stated if material. 8\tSummarize the aggregate amounts for each column applicable to § 210.6-06(1) and 6-06(5)(a). </div></div></div></li></ul><span class=\"sfragment\" id=\"sfr_11145727-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">[16 FR 348, Jan. 13, 1951, as amended at 16 FR 2655, Mar. 24, 1951. Redesignated at 45 FR 63679, Sept. 25, 1980; 83 FR 50208, Oct. 4, 2018] </span></span></div></div>","snippet":"The following is the text of Regulation S-X Rule 12-24, Real Estate Owned and Rental Income (17 CFR 210.12-24).\n[16 FR 348, Jan. 13, 1951, as amended at 16 FR 2655, Mar. 24, 1951. Redesignated at 45 FR 63679, Sept. 25, 1…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21a113f10c62832ad58cd095c2bf9dcc51647ccf68c9fdff3cbc5c60d3ab9277","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}},{"citation":"235-946-S99-2","para":"S99-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following is the text of Regulation S-X Rule 12-25, Supplementary Profit and Loss Information (17 CFR 210.12-25).<ul class=\"ul simple\" id=\"d3e608509-123001__GUID-7EBF0269-0A15-4DE9-A4BF-7E48963ED53B\"><li class=\"li\" id=\"d3e608509-123001__SL6349735-123001\"><div class=\"p\"><div class=\"fig figure fignone\"><img src=\"/asc-img/GUID-EA980EF9-5DB7-479F-9436-E06AC08CF593-low.gif\" altsource=\"GUID-EA980EF9-5DB7-479F-9436-E06AC08CF593-low.gif\" loading=\"lazy\"><span class=\"sfragment\" id=\"sfr_11145C10-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"></span></span><div class=\"figcaption\">Reg. § 210.12-25 Supplementary Profit and Loss Information Column A Column B Column C Column D Item1 Charged to investment expense \" Charged to other accounts\" Total \"(1) Amount\"\t\"(2) Amount\" 1.\t\"Legal expenses (including those in connection with any matter, measure or proceeding before legislative bodies,officers or government departments)\"\t………………\t…………\t………….\t………………………… 2.\tAdvertising publicity\t.................... ............. .............. .................................. 3.\tSales promotion2\t.................... ............. ............... ................................... 4.\t\"Payments directly and indirectly to trade associations and service organizations, and contributions to other organization\"\t……………….\t………...\t…………...\t…………………………. 1\tAmounts resulting from transactions with affiliates shall be stated separately. 2\tState separately each category of expense representing more than 5 percent of the total expense shown under this item. </div></div></div></li></ul></div></div>","snippet":"The following is the text of Regulation S-X Rule 12-25, Supplementary Profit and Loss Information (17 CFR 210.12-25).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7279d85ad7908049bf36ea904a73d99ea39ac480758cc554bac56a8244aed689","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}},{"citation":"235-946-S99-3","para":"S99-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following is the text of Regulation S-X Rule 12-26, Certificate Reserves (17 CFR 210.12-26).<ul class=\"ul simple\" id=\"d3e608529-123001__GUID-C2A48104-F252-4D56-802F-4DCB3DC45FCF\"><li class=\"li\" id=\"d3e608529-123001__SL6349736-123001\"><div class=\"p\"><div class=\"fig figure fignone\"><img src=\"/asc-img/GUID-2E197297-C957-4E22-8028-4EB24862612D-low.gif\" altsource=\"GUID-2E197297-C957-4E22-8028-4EB24862612D-low.gif\" loading=\"lazy\"><span class=\"sfragment\" id=\"sfr_11145F83-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"></span></span><div class=\"figcaption\">Reg. § 210.12-26 Certificate Reserves Column A Column B Column C Column D Column E Balance at beginning of period Additions Deductions Balance at close of period Description1 (1)\t(2)\t(3)\t(1)\t(2)\t(3)\t(1)\t(2)\t(3)\t(1)\t(2)\t(3) Number of accounts with security bidders\tAmount of maturity value\tAmount of reserves2\tCharged to profit and loss or income\tReserve payments by certificate holders\tCharged to other accounts-describe\tMaturities\tCash surrenders prior to maturity\t\"Other— describe\"\tNumber of accounts with security holders\tAmount of maturity value\tAmount of reserves2 1\t\"(a) Each series of certificates shall be stated separately. The description shall include the yield to maturity on an annual payment basis. (b) For certificates of the installment type, information required by columns B, D (2) and (3) and E shall be given by age groupings, according to the number of months paid by security holders, grouped to show those upon which 1-12 monthly payments have been made, 13-24 payments, etc.\" 2\t\"(a) If the total of the reserves shown in these columns differs from the total of the reserves per the accounts, there should be stated (i) the aggregate difference and (ii) the difference on a $1,000 face-amount certificate basis. (b) There shall be shown by footnote or by supplemental schedule (i) the amounts periodically credited to each class of security holders' accounts from installment payments and (ii) such other amounts poetically credited to accumulate the maturity amount of the certificate. Such information shall be stated on a $1,000 face-amount certificate basis for the term of the certificate.\" </div></div></div></li></ul></div></div>","snippet":"The following is the text of Regulation S-X Rule 12-26, Certificate Reserves (17 CFR 210.12-26).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32fe3753a815a3185efbb182f72c23b1ab3b17bf3a72c8c72f9e38c1bff994d4","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}},{"citation":"235-946-S99-4","para":"S99-4","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following is the text of Regulation S-X Rule 12-27, Qualified Assets on Deposit (17 CFR 210.12-27).<ul class=\"ul simple\" id=\"d3e608557-123001__GUID-642E10FA-FFA7-474F-90A9-804E2503FBF0\"><li class=\"li\" id=\"d3e608557-123001__SL6349737-123001\"><div class=\"p\"><div class=\"fig figure fignone\"><img src=\"/asc-img/GUID-35F2E0D2-5B8F-4F0E-B6A2-5BB3D65F330B-low.gif\" altsource=\"GUID-35F2E0D2-5B8F-4F0E-B6A2-5BB3D65F330B-low.gif\" loading=\"lazy\"><span class=\"sfragment\" id=\"sfr_1114626D-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"></span></span><div class=\"figcaption\">Reg. § 210.12-27 Qualified Assets on Deposit1 Column A Column B Column C Column D Column E Column F Name of depositary2 Cash Investments in securities First mortgages and other first liens on real estate\tOther Total3 1\tAll money columns shall be totaled. 2\t\"Classify names of individual depositaries under group headings, such as banks and states.\" 3\tTotal of column F shall agree with note required by § 210.6-06(4) as to total amount of qualified Assets on Deposit. </div></div></div></li></ul><span class=\"sfragment\" id=\"sfr_1114632D-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">[59 FR 65637, Dec. 20, 1994, as amended at 83 FR 50208, Oct. 4, 2018]</span></span></div></div>","snippet":"The following is the text of Regulation S-X Rule 12-27, Qualified Assets on Deposit (17 CFR 210.12-27).\n[59 FR 65637, Dec. 20, 1994, as amended at 83 FR 50208, Oct. 4, 2018]","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d68051f7684de911d831d66f563fd3f0e46b828c596f0ba35f752eb97c37611f","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b2921d44dfa3dbf0812efe2b09e9fd5440bc43145629eca1f1fe1b08ef0e1a2b","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9ff4fbc0f01353eafbef796483a91c5adcc6aea2555e92f77410e444e7b04fc4","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9ff4fbc0f01353eafbef796483a91c5adcc6aea2555e92f77410e444e7b04fc4","downloaded_from":"2026-09-09T23:16:36.179Z","last_downloaded_at":"2026-09-09T23:16:36.179Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479297","source_sha256":"811c702244b021faee50a9c6d3ee9fc730fb49aadccfca10aa617af7a5754b76"}}