Edelstein, Robert; Fortin, Steve; Tsang, Desmond - In: International Real Estate Review 15 (2012) 3, pp. 347-372
accounting for real estate investment properties, has dramatically altered the landscape of financial reporting for real estate … current performance. We also find that most real estate firms in our sample choose to report fair values for investment … properties in their financial statements rather than the notes to the financial statements. Finally, there is a wide variation in …