{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/470/30/#30-initial-measurement","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":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"470-30-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_61FB1C4A-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If the lender is entitled to participate in appreciation in the <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.\"><span>fair value</span></a> of the mortgaged real estate project, </span></span><span class=\"sfragment\" id=\"sfr_61FB1DD2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">the borrower shall determine the fair value (see Subtopic <a altsource=\"GUID-5F987801-C0D8-485A-8AA3-6E0021A66B42.ditamap\" class=\"ditamap\">820-10</a>) of the participation feature at the inception of the loan (see paragraph <a href=\"/asc/470/30/#470-30-25-1\" class=\"xref\">470-30-25-1</a> for guidance on how to recognize the participation feature). </span></span></div></div>","snippet":"If the lender is entitled to participate in appreciation in the fair value of the mortgaged real estate project, the borrower shall determine the fair value (see Subtopic 820-10) of the participation feature at the incep…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:160d4f4ff7ea9a51fd3606b47111bd1ef32b05951ab103f4983648ddadf78efc","downloaded_from":"2026-09-10T00:32:11.186Z","last_downloaded_at":"2026-09-10T00:32:11.186Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481328","source_sha256":"252059aa57a80984898d45b7d2638b9cfd5419ebd923cabb37f2680ba436436d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a9fd4be047e9222cb68d59035be631a9af6ba4bc78728cdec7373592c3660b59","downloaded_from":"2026-09-10T00:32:11.186Z","last_downloaded_at":"2026-09-10T00:32:11.186Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481328","source_sha256":"252059aa57a80984898d45b7d2638b9cfd5419ebd923cabb37f2680ba436436d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbabfe973e7209a541409cc7cb95dc2d6369a672bb6c03f081ecb322c9e1e414","downloaded_from":"2026-09-10T00:32:11.186Z","last_downloaded_at":"2026-09-10T00:32:11.186Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481328","source_sha256":"252059aa57a80984898d45b7d2638b9cfd5419ebd923cabb37f2680ba436436d"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbabfe973e7209a541409cc7cb95dc2d6369a672bb6c03f081ecb322c9e1e414","downloaded_from":"2026-09-10T00:32:11.186Z","last_downloaded_at":"2026-09-10T00:32:11.186Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481328","source_sha256":"252059aa57a80984898d45b7d2638b9cfd5419ebd923cabb37f2680ba436436d"}}