Debt
Treatment applied to debt when the terms are not substantially difference
What is Debt Modification
What is Identify the Contract with Customers
These costs were formerly expensed but are now capitalized as part of the purchase price allocation process
What are acquisition or transactions costs
Year that Hines was Founded
What is 1957
Acronym - APT
What is the accounting policy team
Under this type of accounting for debt, previously deferred finance fees are amortized as an adjustment of interest expenses over the remaining term of debt using the interest method
What is debt modification
The number of steps in the framework of revenue recognition
What is 5
Name 3 of the 8 categories that can be present in a purchase price valuation model
Whare are land, as if vacant building, in place leases, above market leases, below market leases, ground leases, assumed debt, other
Latest birthday (in years) celebrated by Mr. Hines
What is 94 years
THe name of the test that is used to determine whether you have a modification or an extinguishment
What ist he 10% PV Test
Name of the report that is often issued in due diligence which can be used to help you identify revenue streams
What is the investment committee report of board memo
The value of the empty building in its location
What is as if vacant building
Name of the Polish HGIT acquisition closing in September that starts with a L but sounds like it starts with a W
What is LODZ
The appropriate person to contact on the accounting policy team for an accounting related consultation
Regional accounting policy team member
The name of the ASC that governs Modifications and Extinguishments
What is ASC 470
What is lease revenue (ASC 842)
The value attributable to all the leases under contract at the time the building is acquired
What is in place lease value
The Global Director - Diversity & Inclusion
Location on the income statement where the gain or loss is recorded on an extinguishment of debt
What is other income or loss
Name 3 sources of Hines Revenue from the Regional Perspective
What is Leasing Commissions, or Development Fees, PM Fees, Asset Management fees, Acquisition Fees, Disposition Fees
The name of the accounting firm that prepares the Fund Purchase Price Valuation Models
Who is KPMG?
Name of the building that will house the Corporate Headquarters in 2021
What is Texas Tower
9