For the quarter ending 2026-03-31, KBSR had -$27,197K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Gains related to swap terminations | - | 0 | 0 |
| Net loss | 47,826 | -4,154 | -55,721 |
| Interest rate swap settlement for early terminated swaps | - | 0 | 0 |
| Depreciation and amortization | -53,602 | 23,203 | 51,599 |
| Gain from extinguishment of debt | - | 0 | 0 |
| Impairment charges on real estate | -54,836 | 65,475 | - |
| Unrealized loss on real estate equity securities | -12,346 | 8,547 | -2,374 |
| Deferred rents | -4,324 | 1,087 | 4,113 |
| Amortization of above- and below-market leases, net | 151 | -48 | -151 |
| Amortization of deferred financing costs | -5,831 | 3,321 | 5,895 |
| Unrealized (gain) loss on derivative instruments | 8,477 | -2,177 | -6,258 |
| Gain on sale of real estate | -54,647 | 77,401 | 0 |
| Rents and other receivables | -830 | 1,445 | -2,266 |
| Prepaid expenses and other assets | -3,921 | 1,308 | 3,787 |
| Accounts payable and accrued liabilities | 9,658 | 2,502 | -4,943 |
| Due to affiliate | -12 | 288 | 346 |
| Other liabilities | 2,242 | -130 | 620 |
| Net cash provided by (used in) operating activities | 13,187 | 2,846 | 643 |
| Improvements to real estate | -13,213 | 5,840 | 12,671 |
| Proceeds from sale of real estate, net | -171,680 | 220,098 | 0 |
| Net cash provided by (used in) investing activities | -158,467 | 214,258 | -12,671 |
| Proceeds from notes payable | -28,213 | 2,406 | 26,816 |
| Restricted cash surrendered from deed-in-lieu of foreclosure | - | 0 | 0 |
| Payments of other offering costs | - | 0 | 0 |
| Principal payments on notes payable | -138,008 | 183,790 | 3,213 |
| Payments of prepaid other offering costs | - | - | 0 |
| Payments of deferred financing costs | -8,288 | 2,623 | 6,281 |
| Net cash (used in) provided by financing activities | 118,083 | -184,007 | 17,322 |
| Net increase in cash, cash equivalents and restricted cash | -27,197 | 33,097 | 5,294 |
| Cash, cash equivalents and restricted cash, beginning of period | 79,965 | 41,574 | - |
| Cash, cash equivalents and restricted cash, end of period | 73,410 | 79,965 | - |
KBS Real Estate Investment Trust III, Inc. (KBSR)
KBS Real Estate Investment Trust III, Inc. (KBSR)