SFAS No.157 required disclosures about the fair value measurements in a tabular format for each major category of assets and liabilities measured at fair value on a nonrecurring basis during the period . A table is also required for liabilities measured at fair value on a nonrecurring basis , if any exist . A similar set of disclosures is to be made for assets and liabilities that are remeasured at fair value on a recueeing basis.