# ASC 360-944-45: Property, Plant, and Equipment — Financial Services—Insurance — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/944/#45-other-presentation-matters)

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## ASC 360-944-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/360/944/#45-other-presentation-matters)

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#### Balance Sheet—Real Estate Acquired in Settling Certain Claims

##### [360-944-45-1](https://asc.understandingaccounting.org/asc/360/944/#360-944-45-1)

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Real estate acquired in settling claims shall be separately reported in the balance sheet and shall not be classified as an investment.

#### Income Statement

##### [360-944-45-2](https://asc.understandingaccounting.org/asc/360/944/#360-944-45-2)

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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.

##### [360-944-45-3](https://asc.understandingaccounting.org/asc/360/944/#360-944-45-3)

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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.

##### [360-944-45-4](https://asc.understandingaccounting.org/asc/360/944/#360-944-45-4)

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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](https://asc.understandingaccounting.org/asc/310/944/#310-944-50-1)).

#### Other-Than-Temporary Impairment

##### [360-944-45-5](https://asc.understandingaccounting.org/asc/360/944/#360-944-45-5)

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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](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)

<table class="asc-table" frame="top"><tbody><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></tbody></table>

[Paragraph superseded by Accounting Standards Update No. 2025-12.](https://asc.understandingaccounting.org/updates/asu-2025-12/)