{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/810/974/#05-overview-and-background","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":"810","topic_title":"Consolidation","subtopic":"810-974","subtopic_title":"Real Estate—Real Estate Investment Trusts","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"810-974-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic addresses measurement issues concerning the treatment of <a href=\"/glossary/n/#noncontrolling-interest\" class=\"term\" title=\"The portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to a parent. A noncontrolling interest is sometimes called a minority interest.\"><span>noncontrolling interest</span></a> in certain <a href=\"/glossary/r/#real-estate-investment-trust\" class=\"term\" title=\"Real estate investment trusts generally are formed as trusts, associations, or corporations. They employ equity capital, coupled with substantial amounts of debt financing, in making real estate loans and investments. Real estate investment trusts must distribute substantially all of their taxable income to their shareholders annually in order to retain their favorable tax status (that is, dividends paid are treated as deductions in arriving at taxable income).\"><span>real estate investment trusts</span></a>.</div></div>","snippet":"This Subtopic addresses measurement issues concerning the treatment of noncontrolling interest in certain real estate investment trusts.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4f3fec67c872c104b7e3181fbc773920cb07acf6f63958eac444d3c35d8065fd","downloaded_from":"2026-09-10T01:33:55.175Z","last_downloaded_at":"2026-09-10T01:33:55.175Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477648","source_sha256":"a04a5205b5af60b58a1c0cced971cdce413ec5f4746ece844e83bd2ab74e1aec"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bd9e7c25366a7d63152603162f98abbbce4a4e4117d6286fe6290377e959835d","downloaded_from":"2026-09-10T01:33:55.175Z","last_downloaded_at":"2026-09-10T01:33:55.175Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477648","source_sha256":"a04a5205b5af60b58a1c0cced971cdce413ec5f4746ece844e83bd2ab74e1aec"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e87832c0ab8c1cc8b9075500e0c35eed487ad515314cd74237852ebe80fecb54","downloaded_from":"2026-09-10T01:33:55.175Z","last_downloaded_at":"2026-09-10T01:33:55.175Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477648","source_sha256":"a04a5205b5af60b58a1c0cced971cdce413ec5f4746ece844e83bd2ab74e1aec"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e87832c0ab8c1cc8b9075500e0c35eed487ad515314cd74237852ebe80fecb54","downloaded_from":"2026-09-10T01:33:55.175Z","last_downloaded_at":"2026-09-10T01:33:55.175Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477648","source_sha256":"a04a5205b5af60b58a1c0cced971cdce413ec5f4746ece844e83bd2ab74e1aec"}}