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8210.12–24 Real estate owned and rental income.1

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0870

Rent from properties sold during
period

Total
All money columns shall be totaled.
2 Each item of property included in column E in an amount in excess of $100,000 shall be listed separately.

3 In a separate schedule classify by states in which the real estate owned is located the total amounts in support of columns E and F.

*In a footnote to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was car-
ried at the beginning of the period with the total amount shown in column E:
Balance at beginning of period
Additions during period:

Acquisitions through foreclosure
Other acquisitions
Improvements, etc .....

Other (describe)
Deductions during period:

Cost of real estate sold

Other (describe)
Balance at close of period

$
If additions, except acquisitions through foreclosure, represent other than cash expenditures, explain. If any of the changes
during the period result from transactions, directly or indirectly, with affiliates, explain and state the amount of any intercompany
gain or loss.

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of any item of real estate investments has been written down or reserved against pursuant to $210.6–21(1), describe the item and explain the basis for the write down or reserve.

State in a footnote to column E the aggregate cost for Federal income tax purposes. 1 The amount of all intercompany profits included in the total of column E shall be stated if material.

*Summarize the aggregate amounts for each column applicable to captions 7 and 12 of $210.6–22. (16 FR 348, Jan. 13, 1951, as amended at 16 FR 2655, Mar. 24, 1951. Redesignated at 45 FR 63679, Sept. 25, 1980)

$ 210.12–25 Supplementary profit and loss information.

Column C—Charged to

other accounts

Column A-Item

Column B-
Charged to
investment
expense

Column D

Total

(1)-AC-
count

(2)
Amount

1. Legal expenses (including those in connection with any matter,

measure or proceeding before legislative bodies, officers or gov

ernment departments) 2. Advertising and publicity 3. Sales promotion 4. Payments directly and indirectly to trade associations and service

organizations, and contributions to other organizations Amounts resulting from transactions with affiliates shall be stated separately. 2 State separately each category of expense representing more than 5 percent of the total expense shown under this item.

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'(a) Each series of certificates shall be stated separately. The description shall include the yield to maturity on an annual payment basis.

(b) For certificates of the installment type, information required by columns B, D (2) and (3) and E shall be given by age groupings, according to the number of months paid by security
holders, grouped to show those upon which 1-12 monthly payments have been made, 13-24 payments, etc.

2(a) If the total of the reserves shown in these columns differs from the total of the reserves per the accounts, there should be stated (i) the aggregate difference and (ii) the difference on
a $1,000 face-amount certificate basis.

(b) There shall be shown by footnote or by supplemental schedule (i) the amounts periodically credited to each class of security holders' accounts from installment payments and (ii) such other amounts periodically credited to accumulate the maturity amount of the certificate. Such information shall be stated on a $1,000 face-amount certificate basis for the term of the certificate.

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All money columns shall be totaled. 2 Classity names of individual depositaries under group headings, such as banks and states. Total of column F shall agree with note required by caption 11 of 8210.6–22 as to total amount of qualified Assets on De posit.

FOR CERTAIN REAL ESTATE COMPANIES 8210.12–28 Real estate and accumulated depreciation.

For Certain Real Estate Companies)

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'All money columns shall be totaled. 2 The description for each property should include type of property (e.g., unimproved land, shopping center, garden apartments, etc.) and the geographical location.

* The required information is to be given as to each individual investment included in column É except that an amount not exceeding 5 percent of the total of column E may be listed in
one amount as "miscellaneous investments.

*In a note to this schedule, furnish a reconciliation, in the following form, of the total amount at which real estate was carried at the beginning of each period for which income statements
are required, with the total amount shown in column É:
Balance at beginning of period
Additions during period:

Acquisitions through foreclosure
Other acquisitions
Improvements, etc

Other (describe)
Deductions during period:

Cost of real estate sold

Other (describe)
Balance at close of period

If additions, except acquisitions through foreclosure, represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly
with affiliates, explain the bases of such transactions and state the amounts involved.

A similar reconciliation shall be furnished for the accumulated depreciation.
olf any hem of real estate Investments has been written down or reserved against, describe the Nom and explain the basis for the write down or reserve.
• Stato in a note to column E the aggregato cost for Federal income tax purposes.

?The amount of all intercompany profits included in the total of column E shall be stated it material. (38 FR 6068, Mar. 6, 1983. Redesignated at 45 FR 63630, Sept. 25, 1980)

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Al money columns shall be totaled.

2 The required information is to be given for each individual mortgage loan which exceeds three percent of the total of column G.

3If the portfolio includes large numbers of mortgages most of which are less than three percent of column G, the mortgages not required to be reported separately should be grouped by classifications that will indicate the dispersion of the portfolio, ..., for a portfolio of morigages on single family residential housing. The description should also include number of loans by original loan amounts (0.9., over $100,000, $50,000 $99,999, 220,000-49,000, under $20,000) and type loan..., VA, FHA, Conven tional). Interest rates and maturity dates may be stated in terms of ranges. Data required by columns D, E and F may be omitted for mortgages not required to be reported individually.

*Loans should be grouped by categories, 6.2., first mortgago, second mortgage, construction loans, etc., and for each loan the type of property, e.g., shopping center, high riso apartments, etc., and its geographic location should be stated.

• State whether principal and interest is payablo at lovel amount over to to maturity or at varying amounts over life to maturity. State amount of balloon payment at maturity. if any. Also stato prepayment penalty terms, if any.

In a note to this schedule, furnish a reconciliation, in the following form, of the carrying amount of mortgage loans at the bo
ginning of each period for which income staternents are required, with the total amount shown in column G:
Balance at beginning of period
Additions during period:

New mortgage loans

Other (describe)
Deductions during period:

Collections of principal
Foreclosures .
Cost of mortgages sold
Amortization of premium

Other (describe)
Balance at close of period

I additions represent other than cash expenditures, explain. If any of the changes during the period result from transactions, directly or indirectly with affiliates, explain the bases of such transactions, and state the amounts involved. State the aggregate mortgages (a) renewed and (b) extended. If the carrying amount of now mortgages is in excess of the unpaid amount of the extended morgages, explain.

7 If any iter of mortgage loans on real estate investments has been written down or reserved against, describe the item and explain the basis for the write down or reserve.

State in a note to column G the aggregate cost for Federal income tax purposes.
• The amount of all intercompany profits in the total of column G shall be stated, if material.

10 (a) Interest in arrears for less than 3 months may be disregarded in computing the total amount of principal subject to delin quent interest.

(b) of the total principal amount, state the amount acquired from controlled and other affiliates. (38 FR 6069, Mar. 6, 1973; 38 FR 7323, Mar. 20, 1973. Redesignated at 45 FR 63680, Sept. 25, 1980)

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