KBS REAL ESTATE INVESTMENT TRUST III, INC. (KBSR)

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=jivedata("KBSR","financials")

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KBS REAL ESTATE INVESTMENT TRUST III, INC.

KBSR • CIK 0001482430

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Operating Lease, Lease Income	$270,158	$258,459	$232,234	$216,973
Dividend Income, Equity Securities, Operating	$11,850	$967	$1,116	$1,449
Revenue from Contract with Customer, Excluding Assessed Tax	$18,669	$18,239	$16,611	$16,122
Revenues	$300,677	$277,665	$249,961	$234,544
Net Income (Loss) Attributable to Parent	$-157,533	$-10,851	$-78,756	$-74,540
Weighted Average Number of Shares Outstanding, Basic	148,738,748	148,516,246	148,516,246	148,516,246
Cost of Other Property Operating Expense	$75,914	$72,872	$68,919	$64,443
Real Estate Taxes and Insurance	$52,789	$49,992	$42,714	$38,939
Affiliate Costs	$20,839	$19,568	$17,966	$17,017
General and Administrative Expense	$7,297	$18,544	$7,470	$6,029
Depreciation, Depletion and Amortization	$115,235	$111,206	$95,901	$86,047
Interest Expense	$120,475	$126,588	$114,289	$104,822
Derivative, Gain (Loss) on Derivative, Net	$14,907	$17,634	$-126	$1,517
Impairment of Real Estate	$45,459	$6,847	$65,475	$93,860
Costs and Expenses	$423,101	$387,983	$412,860	$409,640
Equity Securities, FV-NI, Unrealized Gain (Loss)	$-35,614	$-11,202	$6,173	$0
Gain (Loss) on Extinguishment of Debt	$0	$56,372	$0	$0
Gains (Losses) on Sales of Investment Real Estate	$0	$53,064	$77,401	$100,155
Investment Income, Interest	$505	$1,233	$569	$401
Nonoperating Income (Expense)	$-35,109	$99,467	$84,143	$100,556

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Land	$274,315	$226,106	$197,889	$186,005
Investment Building and Building Improvements	$2,244,090	$1,991,483	$1,641,268	$1,549,005
Cash and Cash Equivalents, at Carrying Value	$36,836	$30,484	$23,659	$26,634
Restricted Cash and Cash Equivalents	$14,086	$11,090	$38,557	$39,603
Real Estate Investment Property, at Cost	$2,552,979	$2,244,923	$1,861,466	$1,755,949
Accounts Receivable, after Allowance for Credit Loss	$99,024	$101,372	$96,150	$92,493
Real Estate Investment Property, Accumulated Depreciation	$713,501	$681,392	$559,269	$526,923
Disposal Group, Including Discontinued Operation, Other Assets	—	$0	$0	$0
Prepaid Expense and Other Assets	$97,970	$76,248	$55,721	$52,602
Real Estate Investment Property, Net	$1,839,478	$1,563,531	$1,302,197	$1,229,026
Assets	$2,139,385	$1,823,445	$1,563,109	$1,478,602
EquitySecuritiesFvNiCurrentAndNoncurrent	$51,802	$40,600	$46,773	$38,226
Notes Payable	$1,735,896	$1,442,661	$1,282,652	$1,240,114
Accounts Payable and Accrued Liabilities	$49,646	$46,911	$31,223	$36,750
Accounts Payable, Other	$17,408	$19,520	$19,817	$21,004
Below Market Lease, Net	$1,069	$544	$230	$107
Other Liabilities	$67,954	$57,250	$51,384	$54,329
Liabilities	$1,871,973	$1,566,886	$1,385,306	$1,352,304
Temporary Equity, Carrying Amount, Attributable to Parent	$0	$0	$0	$0
Common Stock, Value, Issued	$1,485	$1,485	$1,485	$1,485
Additional Paid in Capital	$1,313,299	$1,313,297	$1,313,297	$1,313,297
Accumulated Distributions in Excess of Net Income	$1,047,372	$1,058,223	$1,136,979	$1,188,484
Stockholders' Equity Attributable to Parent	$267,412	$256,559	$177,803	$126,298
Preferred Stock, Shares Authorized	10,000,000	10,000,000	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000	1,000,000,000	1,000,000,000
Common Stock, Shares, Issued	148,516,246	148,516,246	148,516,246	148,516,246

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$-157,533	$-10,851	$-78,756	$-74,540
Net Cash Provided by (Used in) Operating Activities	$41,634	$7,653	$-6,076	$10,147
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-2,915	$-9,348	$20,642	$19,369
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$50,922	$41,574	$62,216	$91,222
Depreciation, Depletion and Amortization	$115,235	$111,206	$95,901	$86,047
Payments for Capital Improvements	$81,219	$34,469	$24,755	$25,094
Impairment of Real Estate	$45,459	$6,847	$65,475	$93,860
Proceeds from Sale of Real Estate Held-for-investment	$0	$192,371	$220,098	$268,523
Equity Securities, FV-NI, Unrealized Gain (Loss)	$-35,614	$-11,202	$6,173	$0
Payments for Derivative Instrument, Investing Activities	$25	$0	$0	$0
Contract with Customer, Liability, Revenue Recognized	$7,635	$8,553	$6,104	$3,279
Net Cash Provided by (Used in) Investing Activities	$-81,244	$157,902	$195,343	$243,429
Amortization of above and below Market Leases	$-769	$-456	$-246	$-184
Amortization of Debt Issuance Costs	$4,243	$9,524	$12,401	$13,271
Unrealized Gain (Loss) on Derivatives and Commodity Contracts	$-16,451	$-6,833	$-10,152	$-4,012
Gain (Loss) on Extinguishment of Debt	$0	$56,372	$0	$0
Gains (Losses) on Sales of Investment Real Estate	$0	$53,064	$77,401	$100,155
Proceeds from Notes Payable	$77,170	$35,913	$31,053	$8,055
Repayments of Notes Payable	$9,952	$198,463	$188,722	$236,287
Payments of Financing Costs	$2,887	$10,465	$10,956	$5,975
Payments for Repurchase of Common Stock	$12,142	$0	$0	$0
Payments of Stock Issuance Costs	$28	$2	$0	$0
Payments of Ordinary Dividends, Common Stock	$25,319	$0	$0	$0
Net Cash Provided by (Used in) Financing Activities	$36,695	$-174,903	$-168,625	$-234,207
Interest Paid, Excluding Capitalized Interest, Operating Activities	$93,657	$92,521	$98,924	$86,992
Capital Expenditures Incurred but Not yet Paid	$14,222	$6,885	$3,112	$1,874
Increase (Decrease) in Accounts Receivable	$3,149	$7,317	$317	$2,693
Increase (Decrease) in Due from Related Parties	$-10	$0	$0	$0
Increase (Decrease) in Prepaid Expense and Other Assets	$14,441	$12,833	$9,044	$8,623
Increase (Decrease) in Accounts Payable and Accrued Liabilities	$-1,323	$3,337	$-15,085	$-6,901
Increase (Decrease) in Due to Related Parties	$7,043	$1,612	$2,824	$3,665
Increase (Decrease) in Other Operating Liabilities	$11,567	$164	$297	$5,667

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Import this data to Google Sheets with:

=jivedata("KBSR","financials")

Full statements spill as a table. For one cell: =jivedata("KBSR","Revenue") or =jivedata("KBSR","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.