2015 Q3 Form 10-Q Financial Statement

#000148243015000064 Filed on August 13, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $83.83M $72.17M $45.18M
YoY Change 73.27% 59.72% 175.91%
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 $35.88M $32.28M $19.29M
YoY Change 77.94% 67.31% 163.85%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $17.34M $7.636M $6.269M
YoY Change 161.53% 21.81% 226.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$16.84M -$5.943M -$3.561M
YoY Change 448.47% 66.89% -41.75%
Net Earnings / Revenue -20.09% -8.24% -7.88%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 176.5M shares 162.2M shares 87.88M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $97.41M $168.8M $132.4M
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 $3.094B $2.745B $1.618B
YoY Change 74.23% 69.71% 112.66%
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 $1.738B $1.364B $918.9M
YoY Change 72.62% 48.38% 106.5%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.769M $1.743M $899.0K
YoY Change 78.51% 93.88% 119.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.293B $1.332B $675.3M
YoY Change
Total Liabilities & Shareholders Equity $3.094B $2.745B $1.618B
YoY Change 74.23% 69.71% 112.66%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$16.84M -$5.943M -$3.561M
YoY Change 448.47% 66.89% -41.75%
Depreciation, Depletion And Amortization $35.88M $32.28M $19.29M
YoY Change 77.94% 67.31% 163.85%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001482430
CY2015Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
176508529 shares
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
KBS Real Estate Investment Trust III, Inc.
CY2014Q4 kbsriii Above Market Leases Accumulated Amortization
AboveMarketLeasesAccumulatedAmortization
2369000 USD
CY2015Q2 kbsriii Above Market Leases Accumulated Amortization
AboveMarketLeasesAccumulatedAmortization
3670000 USD
CY2014Q2 kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
534000 USD
kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
1003000 USD
CY2015Q2 kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
1049000 USD
kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
2112000 USD
CY2014Q4 kbsriii Above Market Leases Gross
AboveMarketLeasesGross
16113000 USD
CY2015Q2 kbsriii Above Market Leases Gross
AboveMarketLeasesGross
15780000 USD
CY2014Q4 kbsriii Above Market Leases Net
AboveMarketLeasesNet
13744000 USD
CY2015Q2 kbsriii Above Market Leases Net
AboveMarketLeasesNet
12110000 USD
CY2014 kbsriii Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
16915000 USD
kbsriii Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
20730000 USD
kbsriii Advances On Real Estate Loans Receivable
AdvancesOnRealEstateLoansReceivable
1019000 USD
kbsriii Advances On Real Estate Loans Receivable
AdvancesOnRealEstateLoansReceivable
1738000 USD
kbsriii Applicationof Escrow Depositsto Purchase Real Estate
ApplicationofEscrowDepositstoPurchaseRealEstate
0 USD
kbsriii Applicationof Escrow Depositsto Purchase Real Estate
ApplicationofEscrowDepositstoPurchaseRealEstate
1350000 USD
kbsriii Business Combination Pro Forma Information Operating Expense Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationOperatingExpenseOfAcquireeSinceAcquisitionDateActual
700000 USD
CY2015Q2 kbsriii Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Above Market Lease Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAboveMarketLeaseAssets
478000 USD
CY2015Q2 kbsriii Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leaseliabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeaseliabilities
6970000 USD
CY2015Q2 kbsriii Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Improvement
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndImprovement
247211000 USD
CY2015Q2 kbsriii Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Origination And Amortization Costs
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantOriginationAndAmortizationCosts
30349000 USD
CY2015Q2 kbsriii Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilities
1575000 USD
CY2014 kbsriii Commissions On Stock Sales And Related Dealer Manager Fees
CommissionsOnStockSalesAndRelatedDealerManagerFees
50808000 USD
kbsriii Commissions On Stock Sales And Related Dealer Manager Fees
CommissionsOnStockSalesAndRelatedDealerManagerFees
47772000 USD
CY2014Q2 kbsriii Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared
CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared
0.00178082
kbsriii Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared
CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared
0.00178082
CY2015Q2 kbsriii Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared
CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared
0.00178082
kbsriii Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared
CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared
0.00178082
CY2014Q4 kbsriii Deferred Financing Costs Prepaid Expenses And Other Assets
DeferredFinancingCostsPrepaidExpensesAndOtherAssets
34530000 USD
CY2015Q2 kbsriii Deferred Financing Costs Prepaid Expenses And Other Assets
DeferredFinancingCostsPrepaidExpensesAndOtherAssets
39237000 USD
CY2014Q2 kbsriii Derivatives Interest Expense
DerivativesInterestExpense
1500000 USD
kbsriii Derivatives Interest Expense
DerivativesInterestExpense
2400000 USD
CY2015Q2 kbsriii Derivatives Interest Expense
DerivativesInterestExpense
200000 USD
kbsriii Derivatives Interest Expense
DerivativesInterestExpense
5400000 USD
kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
12639000 USD
kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
24318000 USD
CY2015Q2 kbsriii Longterm Debt Maturities Repaymentsof Principal Remaining Fiscal Year
LongtermDebtMaturitiesRepaymentsofPrincipalRemainingFiscalYear
0 USD
CY2014Q1 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
kbsriii Noncash Increase Decreasein Other Offering Costs
NoncashIncreaseDecreaseinOtherOfferingCosts
45000 USD
kbsriii Noncash Increase Decreasein Other Offering Costs
NoncashIncreaseDecreaseinOtherOfferingCosts
0 USD
kbsriii Noncash Increase In Accounts Payable And Accrued Liabilities For Offering Costs
NoncashIncreaseInAccountsPayableAndAccruedLiabilitiesForOfferingCosts
198000 USD
kbsriii Noncash Increase In Accounts Payable And Accrued Liabilities For Offering Costs
NoncashIncreaseInAccountsPayableAndAccruedLiabilitiesForOfferingCosts
189000 USD
kbsriii Noncash Interest Income On Real Estate Related Investments
NoncashInterestIncomeOnRealEstateRelatedInvestments
12000 USD
kbsriii Noncash Interest Income On Real Estate Related Investments
NoncashInterestIncomeOnRealEstateRelatedInvestments
13000 USD
kbsriii Noncashincreasesdecreaseindistributionspayable
Noncashincreasesdecreaseindistributionspayable
1194000 USD
kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
5027000 USD
kbsriii Noncashincreasesdecreaseindistributionspayable
Noncashincreasesdecreaseindistributionspayable
2636000 USD
CY2015Q2 kbsriii Number Of First Mortgage Loan Secured By Deed Of Trust
NumberOfFirstMortgageLoanSecuredByDeedOfTrust
1 MortgageLoans
CY2015Q2 kbsriii Number Of Tenants
NumberOfTenants
700 Tenants
CY2014Q4 kbsriii Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
8430000 USD
CY2015Q2 kbsriii Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
11772000 USD
CY2014Q2 kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
1717000 USD
kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
3240000 USD
CY2015Q2 kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
2532000 USD
CY2014Q4 kbsriii Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
41175000 USD
CY2015Q2 kbsriii Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
46460000 USD
kbsriii Other Organization And Offering Costs
OtherOrganizationAndOfferingCosts
1200000 USD
CY2014Q4 kbsriii Other Organizational Offering Cost Relatedto Follow On Offering
OtherOrganizationalOfferingCostRelatedtoFollowOnOffering
1200000 USD
kbsriii Payments Of Commissions On Stock Sales And Related Dealer Manager Fees
PaymentsOfCommissionsOnStockSalesAndRelatedDealerManagerFees
20476000 USD
kbsriii Payments Of Commissions On Stock Sales And Related Dealer Manager Fees
PaymentsOfCommissionsOnStockSalesAndRelatedDealerManagerFees
47772000 USD
CY2015Q2 kbsriii Percentage Of Real Estate Portfolio Occupied
PercentageOfRealEstatePortfolioOccupied
0.89
kbsriii Proceedsof Other Offering Costsduefrom Affiliate
ProceedsofOtherOfferingCostsduefromAffiliate
0 USD
kbsriii Proceedsof Other Offering Costsduefrom Affiliate
ProceedsofOtherOfferingCostsduefromAffiliate
1173000 USD
CY2014Q2 kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
853000 USD
kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
2558000 USD
CY2015Q2 kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
3019000 USD
kbsriii Real Estate Acquisition Fees And Expenses To Affiliates
RealEstateAcquisitionFeesAndExpensesToAffiliates
3019000 USD
CY2014Q4 kbsriii Tenant Origination And Absorption Costs Accumulated Amortization
TenantOriginationAndAbsorptionCostsAccumulatedAmortization
38645000 USD
CY2015Q2 kbsriii Tenant Origination And Absorption Costs Accumulated Amortization
TenantOriginationAndAbsorptionCostsAccumulatedAmortization
54888000 USD
CY2014Q2 kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
6890000 USD
kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
13142000 USD
CY2015Q2 kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
10985000 USD
kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
21095000 USD
CY2014Q4 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
221169000 USD
CY2015Q2 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
246665000 USD
CY2014Q4 kbsriii Tenant Origination And Absorption Costs Net
TenantOriginationAndAbsorptionCostsNet
182524000 USD
CY2015Q2 kbsriii Tenant Origination And Absorption Costs Net
TenantOriginationAndAbsorptionCostsNet
191777000 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
35167000 USD
CY2015Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
43281000 USD
CY2014Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
20763000 USD
CY2015Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
31868000 USD
CY2014Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
146621000 USD
CY2015Q2 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
206329000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2190000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5176000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1080673000 USD
CY2015Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1541449000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
6017000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
2863000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-2237000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-2915000 USD
CY2014Q2 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
6000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
12000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
13000 USD
CY2015Q2 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
6000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
929000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1675000 USD
CY2015Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
9300000 sqft
CY2014Q2 us-gaap Asset Management Costs
AssetManagementCosts
2725000 USD
us-gaap Asset Management Costs
AssetManagementCosts
5184000 USD
CY2015Q2 us-gaap Asset Management Costs
AssetManagementCosts
4497000 USD
us-gaap Asset Management Costs
AssetManagementCosts
8814000 USD
CY2014Q4 us-gaap Assets
Assets
2386435000 USD
CY2015Q2 us-gaap Assets
Assets
2745278000 USD
CY2014Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
167000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
470000 USD
CY2015Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1048000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1164000 USD
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
1700000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
20536000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
290029000 USD
us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
4100000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
498000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8030000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33189000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132362000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99135000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
168761000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
99173000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
69626000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-6000000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.162
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.322
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.162
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.322
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
123426546 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
174318617 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123426546 shares
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
174318617 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
1234000 USD
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
1743000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7219000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1724000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4271000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14504000 USD
CY2014Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
10154000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
20639000 USD
CY2015Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
16531000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1563000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
31751000 USD
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
48765000 USD
us-gaap Costs And Expenses
CostsAndExpenses
94673000 USD
CY2015Q2 us-gaap Costs And Expenses
CostsAndExpenses
78181000 USD
us-gaap Costs And Expenses
CostsAndExpenses
152076000 USD
CY2014Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1322898000 USD
CY2015Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1235990000 USD
CY2014Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
18400000 USD
CY2015Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
27800000 USD
CY2014Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19293000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36562000 USD
CY2015Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32279000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61947000 USD
CY2014Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1481000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2443000 USD
CY2015Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-211000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5363000 USD
CY2014Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
10895000 USD
CY2015Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
59481000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
48190000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6613000 USD
CY2015Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
9249000 USD
CY2014Q4 us-gaap Due From Affiliates
DueFromAffiliates
1173000 USD
CY2015Q2 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
3554000 USD
CY2015Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
9675000 USD
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.04
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
891000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1626000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1286000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2284000 USD
CY2014Q4 us-gaap Incentive To Lessee
IncentiveToLessee
1100000 USD
CY2015Q2 us-gaap Incentive To Lessee
IncentiveToLessee
1400000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2316000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
824000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1823000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2427000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
2410000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
5956000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4033000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4119000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5371000 USD
CY2014Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
333000 USD
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
660000 USD
CY2015Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
408000 USD
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
796000 USD
CY2014Q2 us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
327000 USD
us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
648000 USD
CY2015Q2 us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
402000 USD
us-gaap Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
783000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
6269000 USD
us-gaap Interest Expense
InterestExpense
11566000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
7636000 USD
us-gaap Interest Expense
InterestExpense
20050000 USD
us-gaap Interest Paid
InterestPaid
10590000 USD
us-gaap Interest Paid
InterestPaid
16109000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2400000 USD
CY2015Q2 us-gaap Interest Payable Current
InterestPayableCurrent
2700000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1794464000 USD
CY2015Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2074865000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
21000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
24000 USD
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
71000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
141000 USD
CY2014Q4 us-gaap Land
Land
292228000 USD
CY2015Q2 us-gaap Land
Land
312764000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1424010000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
1363532000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2386435000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2745278000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.001
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.999
CY2014Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
19914000 USD
CY2015Q2 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
21498000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
217961000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
102581000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
620860000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
293231000 USD
CY2015Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1357000 USD
CY2014Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
20010000 USD
CY2015Q2 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
21655000 USD
CY2014Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
19968000 USD
CY2015Q2 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
21626000 USD
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
1738000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
297184000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
349751000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-219726000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1603000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21715000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43083000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-3561000 USD
us-gaap Net Income Loss
NetIncomeLoss
3165000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-12352000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-323208000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3588000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-5943000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11518000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
967000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
124000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
1322898000 USD
CY2015Q2 us-gaap Notes Payable
NotesPayable
1235990000 USD
CY2014Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1324139000 USD
CY2015Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1237041000 USD
CY2014Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
32745000 USD
CY2015Q2 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
34688000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1433178000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
162044000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
187413000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
207046000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
221069000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
109833000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
545773000 USD
CY2014Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
33591000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
64585000 USD
CY2015Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
55945000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
109445000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3658000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4889000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4369000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1672000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2986000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1481000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2443000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1716000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3367000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5139000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-7332000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-44000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-6353000 USD
CY2014Q2 us-gaap Other Income
OtherIncome
21000 USD
us-gaap Other Income
OtherIncome
10919000 USD
CY2015Q2 us-gaap Other Income
OtherIncome
71000 USD
us-gaap Other Income
OtherIncome
141000 USD
CY2014Q4 us-gaap Other Liabilities
OtherLiabilities
23033000 USD
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
30649000 USD
CY2014Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1329000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
2267000 USD
CY2015Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
3335000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
6169000 USD
CY2014Q2 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
36000 USD
us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
63000 USD
CY2015Q2 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
35000 USD
us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
69000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
7689000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
29347000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
253835000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
290678000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
175000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11970000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21236000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1911000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
981000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2712000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2857000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
77000 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
80000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
223156000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
511920000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
152700000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
19052000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
80000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
42740000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
446000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
338000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
110781000 USD
CY2015Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
162647000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2307861000 USD
CY2015Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2634294000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2197080000 USD
CY2015Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2471647000 USD
CY2014Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
8413000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
16068000 USD
CY2015Q2 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
11885000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
23047000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
4452000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
8998000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
40000000 USD
us-gaap Revenues
Revenues
86919000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
105960000 USD
CY2014Q2 us-gaap Revenues
Revenues
45183000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
502817000 USD
CY2015Q2 us-gaap Revenues
Revenues
72167000 USD
us-gaap Revenues
Revenues
140417000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
72000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1800000000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
583858000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
536238000 USD
CY2014 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
3637000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
3588000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
933096000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
1331687000 USD
CY2014Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
29329000 USD
CY2015Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
50059000 USD
CY2014Q2 us-gaap Tenant Reimbursements
TenantReimbursements
9936000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
19419000 USD
CY2015Q2 us-gaap Tenant Reimbursements
TenantReimbursements
12485000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
24020000 USD
CY2014Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
5139000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
7332000 USD
CY2015Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
44000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
6353000 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
0 USD
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-1996000 USD
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
87278000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
80055877 shares
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
164166681 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
149484191 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Company&#8217;s prior period consolidated financial statements have been reclassified to conform to the current period presentation.&#160; These reclassifications have not changed the results of operations of prior periods.&#160; </font></div></div>
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 condensed 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>

Files In Submission

Name View Source Status
0001482430-15-000064-index-headers.html Edgar Link pending
0001482430-15-000064-index.html Edgar Link pending
0001482430-15-000064.txt Edgar Link pending
0001482430-15-000064-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
kbsriii-20150630.xml Edgar Link completed
kbsriii-20150630.xsd Edgar Link pending
kbsriii-20150630_cal.xml Edgar Link unprocessable
kbsriii-20150630_def.xml Edgar Link unprocessable
kbsriii-20150630_lab.xml Edgar Link unprocessable
kbsriii-20150630_pre.xml Edgar Link unprocessable
kbsriiiq2201510q.htm Edgar Link pending
kbsriiiq22015exhibit101.htm Edgar Link pending
kbsriiiq22015exhibit311.htm Edgar Link pending
kbsriiiq22015exhibit312.htm Edgar Link pending
kbsriiiq22015exhibit321.htm Edgar Link pending
kbsriiiq22015exhibit322.htm Edgar Link pending
kbsriiiq22015exhibit42.htm Edgar Link pending
kbssorexhibit101pg33.jpg 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
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending