ASC

ASC 810-974

Real Estate—Real Estate Investment Trusts

810 Consolidation

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In brief

AdvancedConsolidationIndustry-specificSubsequent measurementInitial measurement

This narrow Subtopic deals with measurement issues for noncontrolling interests in certain real estate investment trusts (REITs). It contains almost no substantive guidance of its own: its scope simply mirrors Section 974-10-15, and its initial and subsequent measurement sections are essentially unused, with a single cross-reference pointing to Section 974-323-25 for how a REIT accounts for an investment in a service corporation.

Key points (4)
  • The Subtopic's stated purpose is to address measurement issues concerning the treatment of noncontrolling interest in certain REITs (810-974-05-1).
  • Scope and scope exceptions are the same as the Overall Real Estate—REIT Subtopic, Section 974-10-15 (810-974-15-1).
  • Accounting by a REIT for its investment in a service corporation is not addressed here; see Section 974-323-25 (810-974-30-6).
  • All other initial measurement paragraphs (810-974-30-1 through 30-5) and all subsequent measurement paragraphs (810-974-35-1 through 35-5) are marked 'Paragraph not used,' so general Topic 810 consolidation guidance governs.

For students. Practically, this is a signpost Subtopic: don't expect REIT-specific consolidation rules here—apply ASC 810-10 (including the noncontrolling interest and VIE guidance) and follow the cross-reference to 974-323 for service corporation investments. The common misunderstanding is assuming REITs get special consolidation measurement treatment because an industry Subtopic exists.

noncontrolling interestreal estate investment trustconsolidationservice corporationmeasurementindustry-specific guidance

Machine-generated study aid for ASC 810-974. Check the source paragraphs below.

810-974-00Status

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810-974-00-1
No updates have been made to this Subtopic.

810-974-05Overview and Background

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810-974-05-1
This Subtopic addresses measurement issues concerning the treatment of noncontrolling interest in certain real estate investment trusts.

810-974-15Scope and Scope Exceptions

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Overall Guidance

810-974-15-1
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 974-10-15.

810-974-30Initial Measurement

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Service Corporations

810-974-30-6
See Section 974-323-25 for the accounting used by a real estate investment trust for its investment in a service corporation.

810-974-35Subsequent Measurement

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Related subtopics