# ASC 470-30-30: Debt — Participating Mortgage Loans — 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/470/30/#30-initial-measurement)

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## ASC 470-30-30: 30 Initial Measurement

[Read section](https://asc.understandingaccounting.org/asc/470/30/#30-initial-measurement)

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##### [470-30-30-1](https://asc.understandingaccounting.org/asc/470/30/#470-30-30-1)

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If the lender is entitled to participate in appreciation in the [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "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.") of the mortgaged real estate project, the borrower shall determine the fair value (see Subtopic 820-10) of the participation feature at the inception of the loan (see paragraph [470-30-25-1](https://asc.understandingaccounting.org/asc/470/30/#470-30-25-1) for guidance on how to recognize the participation feature).