For the quarter ending 2025-09-30, KBSR has $1,593,661K in assets. $1,396,977K in debts. $30,131K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 197,889 | 219,306 | ||
| Buildings and improvements | 1,636,410 | 1,908,718 | ||
| Tenant origination and absorption costs | 22,309 | 25,891 | ||
| Total real estate held for investment, cost | 1,856,608 | 2,153,915 | ||
| Less accumulated depreciation and amortization | 540,520 | 688,043 | ||
| Total real estate held for investment, net | 1,316,088 | 1,465,872 | ||
| Real estate held for sale, net | 0 | 63,115 | ||
| Total real estate, net | 1,316,088 | 1,528,987 | ||
| Real estate equity securities | 46,773 | 38,226 | ||
| Total real estate and real estate-related investments, net | 1,362,861 | 1,567,213 | ||
| Cash and cash equivalents | 30,131 | 27,540 | ||
| Restricted cash | 49,834 | 19,328 | ||
| Rents and other receivables, net | 95,185 | 97,992 | ||
| Above-market leases, net | 69 | 86 | ||
| Assets related to real estate held for sale, net | 0 | 7,317 | ||
| Prepaid expenses and other assets | 55,581 | 63,026 | ||
| Total assets | 1,593,661 | 1,782,502 | ||
| Notes Payable Excluding Notes Payable For Real Estate Held For Sale | 1,279,397 | 1,369,863 | ||
| Notes payable related to real estate held for sale, net | 0 | 87,664 | ||
| Notes payable, net | 1,279,397 | 1,457,527 | ||
| Accounts payable and accrued liabilities | 47,241 | 48,412 | ||
| Due to affiliate | 20,154 | 19,866 | ||
| Below-market leases, net | 294 | 359 | ||
| Liabilities related to real estate held for sale, net | 0 | 1,340 | ||
| Other liabilities | 49,891 | 54,160 | ||
| Total liabilities | 1,396,977 | 1,581,664 | ||
| Redeemable common stock | 0 | 0 | ||
| Preferred stock, .01 par value per share 10,000,000 shares authorized, no shares issued and outstanding | 0 | 0 | ||
| Common stock, .01 par value per share 1,000,000,000 shares authorized, 148,516,246 and 148,516,246 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 1,485 | 1,485 | ||
| Additional paid-in capital | 1,313,297 | 1,313,297 | ||
| Cumulative distributions in excess of net income | 1,118,098 | 1,113,944 | ||
| Total stockholders equity | 196,684 | 200,838 | ||
| Total liabilities and equity | 1,593,661 | 1,782,502 | ||
KBS Real Estate Investment Trust III, Inc. (KBSR)
KBS Real Estate Investment Trust III, Inc. (KBSR)