In previous years, the FASB considered whether to provide an option to report investment property at fair value in the context of the Board’s Fair Value Option – Phase 2 project. The information provided below includes background information on this issue including NAREIT's letter to the FASB. Although the FASB removed this project from its current agenda, the reporting of investment property at fair value may resurface in connection with the potential mandatory IFRS adoption in the U.S. beginning in 2014.
- NAREIT members only. Please log in at the prompt or click here for membership information.