2014 Q1 Form 10-K Financial Statement

#000148243014000032 Filed on March 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 2012 Q4
Revenue $41.74M $80.42M $8.926M
YoY Change 205.4% 194.77% 290.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.27M $35.38M
YoY Change 181.35% 155.17%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit $31.16M
YoY Change 168.66%
Interest Expense $5.297M $9.751M
YoY Change 266.32% 173.29%
% of Operating Profit 31.3%
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $6.727M -$21.64M -$1.436M
YoY Change -383.12% 181.66% 69.94%
Net Earnings / Revenue 16.12% -26.9% -16.09%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 75.07M shares 24.77M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q1 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $75.38M $23.52M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.488B $349.4M
YoY Change 198.49% 166.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $855.8M $137.4M
YoY Change 243.23% 199.6%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $802.0K $271.0K
YoY Change 148.3% 158.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $614.9M $207.2M
YoY Change
Total Liabilities & Shareholders Equity $1.488B $349.4M
YoY Change 198.49% 166.99%

Cashflow Statement

Concept 2014 Q1 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $6.727M -$21.64M -$1.436M
YoY Change -383.12% 181.66% 69.94%
Depreciation, Depletion And Amortization $17.27M $35.38M
YoY Change 181.35% 155.17%
Cash From Operating Activities -$194.0K $20.16M
YoY Change -112.95% 163.34%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$131.2M -$938.6M
YoY Change 9.61% 302.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$131.3M -$378.2M
YoY Change 166.97% 135.09%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $173.6M $928.1M
YoY Change 22.57% 337.57%
NET CHANGE
Cash From Operating Activities -$194.0K $20.16M
Cash From Investing Activities -$131.2M -$938.6M
Cash From Financing Activities $173.6M $928.1M
Net Change In Cash $42.19M $9.671M
YoY Change 80.21% -170.79%
FREE CASH FLOW
Cash From Operating Activities -$194.0K $20.16M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
24842000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
24783000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
8054000 USD
CY2013Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
8655000 USD
CY2012Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
3545000 USD
CY2013Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
74788000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2179000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
574762000 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
231792000 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
5150000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
5424000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
3487000 USD
CY2013 us-gaap Administrative Fees Amount Paid
AdministrativeFeesAmountPaid
131000 USD
CY2012 us-gaap Administrative Fees Amount Paid
AdministrativeFeesAmountPaid
103000 USD
CY2011 us-gaap Administrative Fees Amount Paid
AdministrativeFeesAmountPaid
55000 USD
CY2013 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
24000 USD
CY2012 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
22000 USD
CY2011 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
2000 USD
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
71000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
881000 USD
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1227000 USD
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
-1000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
-383000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
-1900000 USD
CY2013Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
5000000 sqft
CY2011 us-gaap Asset Management Costs
AssetManagementCosts
178000 USD
CY2013 us-gaap Asset Management Costs
AssetManagementCosts
4653000 USD
CY2012 us-gaap Asset Management Costs
AssetManagementCosts
1732000 USD
CY2013Q4 us-gaap Assets
Assets
1311394000 USD
CY2012Q4 us-gaap Assets
Assets
349384000 USD
CY2013Q4 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
932323000 USD
CY2013Q4 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
144924000 USD
CY2012 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-11362000 USD
CY2013 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-7500000 USD
CY2012 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
129121000 USD
CY2013 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
152366000 USD
CY2012 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1069000 USD
CY2011 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
432000 USD
CY2013 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5677000 USD
CY2013 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
37600000 USD
CY2013 us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
15100000 USD
CY2013 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1655000 USD
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1974000 USD
CY2011 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23518000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33189000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37179000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
200000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9671000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
36979000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-13661000 USD
CY2013 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-5000000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.65
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.162
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.164
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.160
CY2013Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.164
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.164
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.160
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.164
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.162
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27148131 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
66430888 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
66430888 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27148131 shares
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
271000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
664000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-19458000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7682000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2440000 USD
CY2012 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
5922000 USD
CY2011 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
421000 USD
CY2013 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
20870000 USD
CY2012 us-gaap Costs And Expenses
CostsAndExpenses
34993000 USD
CY2011 us-gaap Costs And Expenses
CostsAndExpenses
4967000 USD
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
102122000 USD
CY2013Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
730690000 USD
CY2012Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
119800000 USD
CY2012Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
2600000 USD
CY2013Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
8100000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13865000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35380000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1100000 USD
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
2195000 USD
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
12525000 USD
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
28309000 USD
CY2012Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1465000 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
3587000 USD
CY2012Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
16000 USD
CY2013Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
57000 USD
CY2011 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.66
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.40
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.50
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
104000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
103000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6561000 USD
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.16
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2012Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2234000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1974000 USD
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1386000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8852000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1857000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4006000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
878000 USD
CY2013 us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
1082000 USD
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
833000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1602000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3244000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1495000 USD
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
315000 USD
CY2012 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
911000 USD
CY2011 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
397000 USD
CY2013 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
1106000 USD
CY2011 us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
395000 USD
CY2012 us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
889000 USD
CY2011 us-gaap Interest Expense
InterestExpense
300000 USD
CY2013 us-gaap Interest Expense
InterestExpense
9751000 USD
CY2012 us-gaap Interest Expense
InterestExpense
3568000 USD
CY2013 us-gaap Interest Paid
InterestPaid
7538000 USD
CY2012 us-gaap Interest Paid
InterestPaid
2539000 USD
CY2011 us-gaap Interest Paid
InterestPaid
138000 USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
200000 USD
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1200000 USD
CY2013Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
970492000 USD
CY2012Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
246258000 USD
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
28000 USD
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
15000 USD
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
62000 USD
CY2013Q4 us-gaap Land
Land
177308000 USD
CY2012Q4 us-gaap Land
Land
32384000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
796163000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
137359000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1311394000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
349384000 USD
CY2013 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.001
CY2013 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.999
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
310000000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
230690000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
170000000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20000000 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
17190000 USD
CY2012Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
13691000 USD
CY2012Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
13599000 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
17123000 USD
CY2013 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
3594000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
212105000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
129782000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
928117000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-233423000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-938610000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-93527000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
724000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20164000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7657000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-2440000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-7682000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-21637000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-6113000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-2376000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-11363000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-1785000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-2133000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-1354000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-2759000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-1436000 USD
CY2013Q4 us-gaap Notes Payable
NotesPayable
730690000 USD
CY2012Q4 us-gaap Notes Payable
NotesPayable
119800000 USD
CY2013 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segments
CY2012Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
5152000 USD
CY2013Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
27330000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
11597000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
1299000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
31157000 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
61253000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
593152000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
105119000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
63306000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
76660000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
91930000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
100512000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
155625000 USD
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
21155000 USD
CY2011 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
1426000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2179000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
1800000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2179000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
2872000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
9716000 USD
CY2012 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
117000 USD
CY2011 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
0 USD
CY2013 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1476000 USD
CY2013 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
8865000 USD
CY2012 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1712000 USD
CY2011 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
128000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
740000 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2783000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6352000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13773000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
922000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6266000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1544000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
312000 USD
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3453000 USD
CY2011 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
5090000 USD
CY2013 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
6279000 USD
CY2013 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2011 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
10312000 USD
CY2012 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2012 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
228308000 USD
CY2011 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
83087000 USD
CY2013 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
926222000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
380991000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
103290000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
161616000 USD
CY2012 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
180250000 USD
CY2013 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
649090000 USD
CY2011 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
42250000 USD
CY2013 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
71000 USD
CY2012 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
0 USD
CY2011 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
0 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
158000 USD
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
14090000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
46608000 USD
CY2010Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
0 USD
CY2011Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1100000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
13810000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
35036000 USD
CY2011 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
1100000 USD
CY2011 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
0 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
2518000 USD
CY2012 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
820000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
46608000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1099429000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
177308000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements
1276737000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
11012000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1088417000 USD
CY2013Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
177308000 USD
CY2013Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
1300000000 USD
CY2010Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
0 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1276737000 USD
CY2012 us-gaap Real Estate Improvements
RealEstateImprovements
3686000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
46608000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
14090000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
10520000 USD
CY2011Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
83429000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
319060000 USD
CY2011 us-gaap Real Estate Improvements
RealEstateImprovements
144000 USD
CY2011 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1276737000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
319060000 USD
CY2012Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
304970000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1230129000 USD
CY2011 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
83285000 USD
CY2012 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
232765000 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
949675000 USD
CY2013 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
2518000 USD
CY2012 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
820000 USD
CY2012 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
4567000 USD
CY2013 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
14134000 USD
CY2011 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
314000 USD
CY2012 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
2281000 USD
CY2013 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
5154000 USD
CY2011 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
279000 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
38200000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
102700000 USD
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2012 us-gaap Revenues
Revenues
27283000 USD
CY2011 us-gaap Revenues
Revenues
2512000 USD
CY2013 us-gaap Revenues
Revenues
80423000 USD
CY2013Q3 us-gaap Revenues
Revenues
23475000 USD
CY2013Q2 us-gaap Revenues
Revenues
16376000 USD
CY2013Q1 us-gaap Revenues
Revenues
13666000 USD
CY2013Q4 us-gaap Revenues
Revenues
26906000 USD
CY2012Q1 us-gaap Revenues
Revenues
2840000 USD
CY2012Q4 us-gaap Revenues
Revenues
8926000 USD
CY2012Q2 us-gaap Revenues
Revenues
7217000 USD
CY2012Q3 us-gaap Revenues
Revenues
8300000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
18400000 USD
CY2013 kbsriii Business Combination Pro Forma Weighted Average Shares Oustanding Basic And Diluted
BusinessCombinationProFormaWeightedAverageSharesOustandingBasicAndDiluted
66430888 shares
CY2012 kbsriii Business Combination Pro Forma Weighted Average Shares Oustanding Basic And Diluted
BusinessCombinationProFormaWeightedAverageSharesOustandingBasicAndDiluted
52559873 shares
CY2013 kbsriii Commissions On Stock Sales And Related Dealer Manager Fees
CommissionsOnStockSalesAndRelatedDealerManagerFees
34663000 USD
CY2012 kbsriii Commissions On Stock Sales And Related Dealer Manager Fees
CommissionsOnStockSalesAndRelatedDealerManagerFees
14972000 USD
kbsriii Common Share Distribution Rate Per Share Per Day Declared
CommonShareDistributionRatePerSharePerDayDeclared
0.00178082 USD
kbsriii Common Share Distribution Rate Per Share Per Day Declared
CommonShareDistributionRatePerSharePerDayDeclared
0.00178082 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
393405000 USD
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
104030000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
166857000 USD
CY2012 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
740000 USD
CY2011 kbsriii Commissions On Stock Sales And Related Dealer Manager Fees
CommissionsOnStockSalesAndRelatedDealerManagerFees
9434000 USD
kbsriii Common Share Distribution Rate Per Share Per Day Declared
CommonShareDistributionRatePerSharePerDayDeclared
0.00178082 USD
CY2013Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
12414000 USD
CY2012Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
4804000 USD
CY2013 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
2783000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
3500000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
502817000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
207221000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
84271000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
200000 USD
CY2011 us-gaap Tenant Reimbursements
TenantReimbursements
691000 USD
CY2012 us-gaap Tenant Reimbursements
TenantReimbursements
5122000 USD
CY2013 us-gaap Tenant Reimbursements
TenantReimbursements
16612000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements and the notes thereto in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates. </font></div></div>
CY2012 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19253338 shares
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
43547227 shares
CY2011 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3724745 shares
CY2013Q4 kbsriii Above Market Leases Net
AboveMarketLeasesNet
7607000 USD
CY2012Q4 kbsriii Above Market Leases Net
AboveMarketLeasesNet
881000 USD
CY2013 kbsriii Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
7172000 USD
CY2012 kbsriii Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
4501000 USD
CY2011 kbsriii Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
740000 USD
CY2013 kbsriii Advances On Real Estate Loans Receivable
AdvancesOnRealEstateLoansReceivable
-3594000 USD
CY2011 kbsriii Advances On Real Estate Loans Receivable
AdvancesOnRealEstateLoansReceivable
0 USD
CY2012 kbsriii Advances On Real Estate Loans Receivable
AdvancesOnRealEstateLoansReceivable
-3403000 USD
CY2013 kbsriii Business Acquisition Pro Forma Depreciation And Amortization
BusinessAcquisitionProFormaDepreciationAndAmortization
59106000 USD
CY2012 kbsriii Business Acquisition Pro Forma Depreciation And Amortization
BusinessAcquisitionProFormaDepreciationAndAmortization
46299000 USD
CY2012 kbsriii Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
-0.22
CY2013 kbsriii Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
-0.11
CY2013Q4 kbsriii Business Acquisition Purchase Price Allocation Above Market Lease Assets
BusinessAcquisitionPurchasePriceAllocationAboveMarketLeaseAssets
7122000 USD
CY2013Q4 kbsriii Business Acquisition Purchase Price Allocation Below Market Lease Liabilities
BusinessAcquisitionPurchasePriceAllocationBelowMarketLeaseLiabilities
24474000 USD
CY2013Q4 kbsriii Business Acquisition Purchase Price Allocation Buildings And Improvements
BusinessAcquisitionPurchasePriceAllocationBuildingsAndImprovements
714488000 USD
CY2013Q4 kbsriii Business Acquisition Purchase Price Allocation Tenant Origination And Absorption Costs
BusinessAcquisitionPurchasePriceAllocationTenantOriginationAndAbsorptionCosts
90263000 USD
CY2013 kbsriii Business Combination Pro Forma Information Operating Expense Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationOperatingExpenseOfAcquireeSinceAcquisitionDateActual
24400000 USD
CY2012Q4 kbsriii Deferred Financing Costs Prepaid Expenses And Other Assets
DeferredFinancingCostsPrepaidExpensesAndOtherAssets
2779000 USD
CY2013Q4 kbsriii Deferred Financing Costs Prepaid Expenses And Other Assets
DeferredFinancingCostsPrepaidExpensesAndOtherAssets
14624000 USD
CY2012 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
5241000 USD
CY2011 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
740000 USD
CY2013 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
12414000 USD
CY2013Q4 kbsriii Dividend Reinvestment Plan Initial Purchase Price Per Share
DividendReinvestmentPlanInitialPurchasePricePerShare
9.50
CY2013 kbsriii Maximum Percentage Of Weighted Average Shares Outstanding Available For Redemption During Any Calendar Year
MaximumPercentageOfWeightedAverageSharesOutstandingAvailableForRedemptionDuringAnyCalendarYear
0.05
CY2013 kbsriii Non Cash Liabilities Assumedin Connectionwith Real Estate Acquisition
NonCashLiabilitiesAssumedinConnectionwithRealEstateAcquisition
6101000 USD
CY2011 kbsriii Non Cash Liabilities Assumedin Connectionwith Real Estate Acquisition
NonCashLiabilitiesAssumedinConnectionwithRealEstateAcquisition
0 USD
CY2012 kbsriii Non Cash Liabilities Assumedin Connectionwith Real Estate Acquisition
NonCashLiabilitiesAssumedinConnectionwithRealEstateAcquisition
0 USD
CY2013Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
CY2011 kbsriii Noncash Increase In Accounts Payable And Accrued Liabilities For Offering Costs
NoncashIncreaseInAccountsPayableAndAccruedLiabilitiesForOfferingCosts
60000 USD
CY2013 kbsriii Noncash Increase In Accounts Payable And Accrued Liabilities For Offering Costs
NoncashIncreaseInAccountsPayableAndAccruedLiabilitiesForOfferingCosts
99000 USD
CY2012 kbsriii Noncash Increase In Accounts Payable And Accrued Liabilities For Offering Costs
NoncashIncreaseInAccountsPayableAndAccruedLiabilitiesForOfferingCosts
47000 USD
CY2012 kbsriii Noncash Increase In Lease Commissions Payable
NoncashIncreaseInLeaseCommissionsPayable
123000 USD
CY2011 kbsriii Noncash Increase In Lease Commissions Payable
NoncashIncreaseInLeaseCommissionsPayable
0 USD
CY2013 kbsriii Noncash Increase In Lease Commissions Payable
NoncashIncreaseInLeaseCommissionsPayable
60000 USD
CY2011 kbsriii Noncash Increase In Redeemable Common Stock
NoncashIncreaseInRedeemableCommonStock
0 USD
CY2013 kbsriii Noncash Increase In Redeemable Common Stock
NoncashIncreaseInRedeemableCommonStock
0 USD
CY2012 kbsriii Noncash Increase In Redeemable Common Stock
NoncashIncreaseInRedeemableCommonStock
437000 USD
CY2011 kbsriii Noncash Increases In Distributions Payable
NoncashIncreasesInDistributionsPayable
533000 USD
CY2013 kbsriii Noncash Increases In Distributions Payable
NoncashIncreasesInDistributionsPayable
2122000 USD
CY2012 kbsriii Noncash Increases In Distributions Payable
NoncashIncreasesInDistributionsPayable
932000 USD
CY2013 kbsriii Noncash Interest Income On Real Estate Related Investments
NoncashInterestIncomeOnRealEstateRelatedInvestments
24000 USD
CY2011 kbsriii Noncash Interest Income On Real Estate Related Investments
NoncashInterestIncomeOnRealEstateRelatedInvestments
2000 USD
CY2012 kbsriii Noncash Interest Income On Real Estate Related Investments
NoncashInterestIncomeOnRealEstateRelatedInvestments
22000 USD
CY2013Q4 kbsriii Number Of First Mortgage Loan Secured By Deed Of Trust
NumberOfFirstMortgageLoanSecuredByDeedOfTrust
1 MortgageLoans
CY2013Q4 kbsriii Number Of Tenants
NumberOfTenants
420 Tenants
CY2013Q4 kbsriii Origination Fee Percent
OriginationFeePercent
0.010
kbsriii Other Organization And Offering Costs
OtherOrganizationAndOfferingCosts
1000000 USD
CY2013Q4 kbsriii Other Organizational Offering Cost Relatedto Follow On Offering
OtherOrganizationalOfferingCostRelatedtoFollowOnOffering
1000000 USD
CY2013 kbsriii Par Value Determination Offering Stage Completion Term
ParValueDeterminationOfferingStageCompletionTerm
P18M
CY2011 kbsriii Payments Of Commissions On Stock Sales And Related Dealer Manager Fees
PaymentsOfCommissionsOnStockSalesAndRelatedDealerManagerFees
9434000 USD
CY2012 kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
2296000 USD
CY2011 kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
836000 USD
CY2013 kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
9423000 USD
CY2013Q4 kbsriii Real Estate And Accumulated Depreciation Initial Cost Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfLandAndBuildingsAndImprovements
1265725000 USD
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 kbsriii Payments Of Commissions On Stock Sales And Related Dealer Manager Fees
PaymentsOfCommissionsOnStockSalesAndRelatedDealerManagerFees
34663000 USD
CY2012 kbsriii Payments Of Commissions On Stock Sales And Related Dealer Manager Fees
PaymentsOfCommissionsOnStockSalesAndRelatedDealerManagerFees
14972000 USD
CY2013Q4 kbsriii Percent Of Dealer Manager Reallows Of Sales Commissions Earned To Participating Broker Dealer
PercentOfDealerManagerReallowsOfSalesCommissionsEarnedToParticipatingBrokerDealer
1
CY2013Q4 kbsriii Percentage Of Real Estate Portfolio Occupied
PercentageOfRealEstatePortfolioOccupied
0.91
CY2013Q4 kbsriii Reimbursment To Entity For Organization And Offering Expenses Excluding Underwriting Compensation Threshold Percent
ReimbursmentToEntityForOrganizationAndOfferingExpensesExcludingUnderwritingCompensationThresholdPercent
0.02
kbsriii Stock Issued During Period Shares Dividend Reinvestment Plan Other Offering Cost
StockIssuedDuringPeriodSharesDividendReinvestmentPlanOtherOfferingCost
14100000 USD
kbsriii Stock Issued During Period Shares Dividend Reinvestment Plan Selling Commissions And Dealer Manager Fees
StockIssuedDuringPeriodSharesDividendReinvestmentPlanSellingCommissionsAndDealerManagerFees
59100000 USD
CY2013Q4 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
128937000 USD
CY2012Q4 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
40418000 USD
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001482430
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
75066568 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2013Q2 dei Entity Public Float
EntityPublicFloat
0 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
KBS Real Estate Investment Trust III, Inc.
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

Name View Source Status
0001482430-14-000032-index-headers.html Edgar Link pending
0001482430-14-000032-index.html Edgar Link pending
0001482430-14-000032.txt Edgar Link pending
0001482430-14-000032-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
kbsriii-20131231.xml Edgar Link completed
kbsriii-20131231.xsd Edgar Link pending
kbsriii-20131231_cal.xml Edgar Link unprocessable
kbsriii-20131231_def.xml Edgar Link unprocessable
kbsriii-20131231_lab.xml Edgar Link unprocessable
kbsriii-20131231_pre.xml Edgar Link unprocessable
kbsriiiq4201310k.htm Edgar Link pending
kbsriiiq42013exhibit211.htm Edgar Link pending
kbsriiiq42013exhibit311.htm Edgar Link pending
kbsriiiq42013exhibit312.htm Edgar Link pending
kbsriiiq42013exhibit321.htm Edgar Link pending
kbsriiiq42013exhibit322.htm Edgar Link pending
kbsriiiq42013exhibit44.htm Edgar Link pending
kbsriiiq42013exhibit993.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending