{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/470/30/#15-scope-and-scope-exceptions","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":"470","topic_title":"Debt","subtopic":"470-30","subtopic_title":"Participating Mortgage Loans","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"470-30-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to the following entities:
  1. a
    All borrowers in participating mortgage loan arrangements.
","snippet":"The guidance in this Subtopic applies to the following entities:\n(a) All borrowers in participating mortgage loan arrangements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9acd2f576cc5c93150b3e7f42b2753883b65707dc8d5518e44d34f94abca5dc3","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}},{"citation":"470-30-15-2","para":"15-2","html":"
The guidance in this Subtopic does not apply to the following entities:
  1. a
    Creditors in participating mortgage loan arrangements.
","snippet":"The guidance in this Subtopic does not apply to the following entities:\n(a) Creditors in participating mortgage loan arrangements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:83fc35285e4f6212d518236b63c97e40c3fbec8b8f7b0a862134c8635ac955a2","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ceb48491a8200d485ce4d9227f16c9074c4382f32b7aa8f495d47e65a7cb8893","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"470-30-15-3","para":"15-3","html":"
The guidance in this Subtopic does not apply to the following transactions and activities:
  1. a
    Participating leases
  2. b
    Debt convertible at the option of the lender into equity ownership of the property
  3. c
    Participating loans resulting from troubled debt restructurings.
","snippet":"The guidance in this Subtopic does not apply to the following transactions and activities:\n(a) Participating leases\n(b) Debt convertible at the option of the lender into equity ownership of the property\n(c) Participating…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d2939a84c91ef16c7152924c4740cbac95ef1927cbf66adb2ee5b307fef8887c","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:91a9b6f537c371b78fda901771ecf6358ad6713ba11e5d2d063f1013cf3dfde8","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b83df8c006fc6f82de38bf1ff71256814e411d5767c15844b76a42d7d8f7c029","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b83df8c006fc6f82de38bf1ff71256814e411d5767c15844b76a42d7d8f7c029","downloaded_from":"2026-09-10T00:32:01.971Z","last_downloaded_at":"2026-09-10T00:32:01.971Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481417","source_sha256":"e3c0212779ac2ca9c4af74d875449da34d6adcc9a6505124cc2556bb8d6897a6"}}