{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/944/#45-other-presentation-matters","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":"360","topic_title":"Property, Plant, and Equipment","subtopic":"360-944","subtopic_title":"Financial Services—Insurance","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Balance Sheet—Real Estate Acquired in Settling Certain Claims","paragraphs":[{"citation":"360-944-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_01C053B4-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Real estate acquired in settling claims shall be separately reported in the balance sheet and shall not be classified as an investment. </span></span></div></div>","snippet":"Real estate acquired in settling claims shall be separately reported in the balance sheet and shall not be classified as an investment.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec578c01b715da6b66f8509414542b2b13c3cf42a3a0e3896c5162184a1e6a66","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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operating costs shall be classified as investment expenses or operating expenses consistent with the balance sheet classification of the related asset. </span></span></div></div>","snippet":"Depreciation and other real estate operating costs shall be classified as investment expenses or operating expenses consistent with the balance sheet classification of the related asset.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d7f165f79ac6b81fbdbfe9e872649ae710e329e449cd672e27b7ab8544a10c08","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477875","source_sha256":"09389888730494d127ddff65215fd0f991d6964f14f401f3ea36d44ed9820ccc"}},{"citation":"360-944-45-3","para":"45-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_01C0561A-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Realized gains and losses on investments in real estate shall be reported in the statement of earnings as a component of other income, on a pretax basis. </span></span></div></div>","snippet":"Realized gains and losses on investments in real estate shall be reported in the statement of earnings as a component of other income, on a pretax basis.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:69ffc33b3ad5d78e918a04d493dc6b542b2f8b3cf9bde63124f6b4ea444094e9","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477875","source_sha256":"09389888730494d127ddff65215fd0f991d6964f14f401f3ea36d44ed9820ccc"}},{"citation":"360-944-45-4","para":"45-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_01C05720-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Realized gains and losses shall be presented as a separate item in the statement of earnings or disclosed in the notes to financial statements (see paragraph <a href=\"/asc/310/944/#310-944-50-1\" class=\"xref\">944-310-50-1</a>). </span></span></div></div>","snippet":"Realized gains and losses shall be presented as a separate item in the statement of earnings or disclosed in the notes to financial statements (see paragraph 944-310-50-1).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:627d79bbe13cfcd4ed0c35fa7c4f68787643dae4af629e391f7310ab3061e757","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477875","source_sha256":"09389888730494d127ddff65215fd0f991d6964f14f401f3ea36d44ed9820ccc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe07808857e83a573a97d63371358d180e0f2a1e1589752cb496445e1bb0292e","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477875","source_sha256":"09389888730494d127ddff65215fd0f991d6964f14f401f3ea36d44ed9820ccc"}},{"block":null,"heading":"Other-Than-Temporary Impairment","paragraphs":[{"citation":"360-944-45-5","para":"45-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_01C05806-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Losses arising from an other-than-temporary impairment shall be presented in accordance with Subtopic <a altsource=\"GUID-4811AE12-D9DA-4108-91FD-E9559A6B63BE.ditamap\" class=\"ditamap\">320-10</a>.</span></span></div><div class=\"div pending-text\" id=\"SL6282880-158514__GUID-D9EF24A3-3F17-4949-8B09-2FD71969D5DB\"><div class=\"div date-effective\"><span class=\"transition-header\">Transition date:</span><span class=\"p-alphabet\">(P) December 16, 2026; (N) December 16, 2026</span><span class=\"transition-header pipe-separator\">Transition guidance:</span></div><a href=\"/asc/105/10/#105-10-65-10\" class=\"xref\">105-10-65-10</a><table class=\"asc-table\" frame=\"top\"><tr><td class=\"entry\"><em class=\"ph i\"><strong class=\"ph b\">Editor's Note</strong>: Paragraph 944-360-45-5 will be superseded upon transition, together with its heading.</em></td></tr><tr><td class=\"entry\">&gt; <strong class=\"ph b\">Other-Than-Temporary Impairment</strong></td></tr></table><a href=\"/updates/asu-2025-12/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2025-12.</a></div></div>","snippet":"Losses arising from an other-than-temporary impairment shall be presented in accordance with Subtopic 320-10.Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:105-10-65-10\nEditor's Note: Par…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:668ba6372245ff365e9025e5e1f3c3713b10fe05fc7ee148cfbcc7f395025f4e","downloaded_from":"2026-09-10T00:10:15.471Z","last_downloaded_at":"2026-09-10T00:10:15.471Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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