$KBSR
KBS Real Estate Investment Trust III, Inc. Stock $kbsr

$kbsr Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000148243018000010 Filed on May 09, 2018

Income Statement

Concept	2018 Q2	2018 Q1	2017 Q1
Revenue	$107.6M	$104.2M	$105.4M
YoY Change	4.42%	-1.16%	7.66%
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	$39.03M	$38.98M	$41.70M
YoY Change	-6.02%	-6.51%	5.65%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$12.52M	$810.0K	$12.90M
YoY Change	-25.92%	-93.72%	-49.12%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings	$17.75M	$16.63M	$4.986M
YoY Change	-1231.95%	233.53%	-136.72%
Net Earnings / Revenue	16.5%	15.96%	4.73%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding	177.8M shares	178.3M shares	181.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q2	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$63.83M	$59.07M	$55.65M
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	$34.24M	$34.40M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$3.210B	$3.241B	$3.214B
YoY Change	-0.2%	0.82%	0.06%
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	$2.165B	$2.168B	$1.979B
YoY Change	7.41%	9.56%	3.81%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$1.753M	$1.770M	$1.812M
YoY Change	-3.1%	-2.32%	1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.013B	$1.067B	$1.171B
YoY Change
Total Liabilities & Shareholders Equity	$3.210B	$3.241B	$3.214B
YoY Change	-0.2%	0.82%	0.06%

Cashflow Statement

Concept	2018 Q2	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$17.75M	$16.63M	$4.986M
YoY Change	-1231.95%	233.53%	-136.72%
Depreciation, Depletion And Amortization	$39.03M	$38.98M	$41.70M
YoY Change	-6.02%	-6.51%	5.65%
Cash From Operating Activities		$11.11M	$19.10M
YoY Change		-41.83%	179.28%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$26.20M	-$66.95M
YoY Change		-60.86%	-56.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$59.78M	$12.48M
YoY Change		378.96%	173.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		$8.672M	$31.43M
YoY Change		-72.41%	-62.71%
NET CHANGE
Cash From Operating Activities		$11.11M	$19.10M
Cash From Investing Activities		-$26.20M	-$66.95M
Cash From Financing Activities		$8.672M	$31.43M
Net Change In Cash		-$6.421M	-$16.42M
YoY Change		-60.9%	-73.94%
FREE CASH FLOW
Cash From Operating Activities		$11.11M	$19.10M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	kbsriii	Above Market Leases Amortization Expense AboveMarketLeasesAmortizationExpense	456000	USD
CY2017Q4	kbsriii	Above Market Leases Gross AboveMarketLeasesGross	12301000	USD
CY2018Q1	kbsriii	Above Market Leases Gross AboveMarketLeasesGross	11956000	USD
CY2017Q4	kbsriii	Above Market Leases Net AboveMarketLeasesNet	5861000	USD
CY2018Q1	kbsriii	Above Market Leases Net AboveMarketLeasesNet	5423000	USD
CY2017	kbsriii	Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock	2086000	USD
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001482430
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	177842487	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	KBS Real Estate Investment Trust III, Inc.
CY2017Q4	kbsriii	Above Market Leases Accumulated Amortization AboveMarketLeasesAccumulatedAmortization	6440000	USD
CY2018Q1	kbsriii	Above Market Leases Accumulated Amortization AboveMarketLeasesAccumulatedAmortization	6533000	USD
CY2017Q1	kbsriii	Above Market Leases Amortization Expense AboveMarketLeasesAmortizationExpense	703000	USD
CY2018Q1	kbsriii	Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock	45511000	USD
CY2017Q1	kbsriii	Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared	0.00178082
CY2018Q1	kbsriii	Common Share Distribution Rate Per Share Per Dayon Annual Basis Declared CommonShareDistributionRatePerSharePerDayonAnnualBasisDeclared	0.00178082
CY2017Q1	kbsriii	Derivatives Interest Expense DerivativesInterestExpense	100000	USD
CY2018Q1	kbsriii	Derivatives Interest Expense DerivativesInterestExpense	16900000	USD
CY2017Q1	kbsriii	Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan	14987000	USD
CY2018Q1	kbsriii	Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan	14273000	USD
CY2017Q1	kbsriii	Equityinlossofunconsolidatedjointventure Equityinlossofunconsolidatedjointventure	1000	USD
CY2018Q1	kbsriii	Equityinlossofunconsolidatedjointventure Equityinlossofunconsolidatedjointventure	0	USD
CY2017Q1	kbsriii	Escrow Deposits Relatedto Tenant Improvements EscrowDepositsRelatedtoTenantImprovements	7744000	USD
CY2018Q1	kbsriii	Escrow Deposits Relatedto Tenant Improvements EscrowDepositsRelatedtoTenantImprovements	0	USD
CY2017Q1	kbsriii	Increase In Acquisition Fees Due To Affiliate IncreaseInAcquisitionFeesDueToAffiliate	0	USD
CY2018Q1	kbsriii	Increase In Acquisition Fees Due To Affiliate IncreaseInAcquisitionFeesDueToAffiliate	93000	USD
CY2017Q1	kbsriii	Increasein Construction In Progress Payable IncreaseinConstructionInProgressPayable	0	USD
CY2018Q1	kbsriii	Increasein Construction In Progress Payable IncreaseinConstructionInProgressPayable	4656000	USD
CY2017Q1	kbsriii	Increaseinconstructioninprogressduetoaffiliate Increaseinconstructioninprogressduetoaffiliate	117000	USD
CY2018Q1	kbsriii	Increaseinconstructioninprogressduetoaffiliate Increaseinconstructioninprogressduetoaffiliate	69000	USD
CY2017Q4	kbsriii	Liabilities Related To Real Estate Held For Sale LiabilitiesRelatedToRealEstateHeldForSale	50000	USD
CY2018Q1	kbsriii	Liabilities Related To Real Estate Held For Sale LiabilitiesRelatedToRealEstateHeldForSale	47000	USD
CY2017Q4	kbsriii	Notes Payable Relatedto Real Estate Heldfor Investments Net NotesPayableRelatedtoRealEstateHeldforInvestmentsNet	1920138000	USD
CY2018Q1	kbsriii	Notes Payable Relatedto Real Estate Heldfor Investments Net NotesPayableRelatedtoRealEstateHeldforInvestmentsNet	2004854000	USD
CY2017Q4	kbsriii	Notes Payable Relatedto Real Estate Heldfor Sale Net NotesPayableRelatedtoRealEstateHeldforSaleNet	21648000	USD
CY2018Q1	kbsriii	Notes Payable Relatedto Real Estate Heldfor Sale Net NotesPayableRelatedtoRealEstateHeldforSaleNet	21672000	USD
CY2018Q1	kbsriii	Number Of Tenants NumberOfTenants	900	tenant
CY2017Q4	kbsriii	Off Market Lease Unfavorable Accumulated Amortization OffMarketLeaseUnfavorableAccumulatedAmortization	22849000	USD
CY2018Q1	kbsriii	Off Market Lease Unfavorable Accumulated Amortization OffMarketLeaseUnfavorableAccumulatedAmortization	22947000	USD
CY2017Q1	kbsriii	Off Market Lease Unfavorable Amortization Expense OffMarketLeaseUnfavorableAmortizationExpense	2274000	USD
CY2018Q1	kbsriii	Off Market Lease Unfavorable Amortization Expense OffMarketLeaseUnfavorableAmortizationExpense	1827000	USD
CY2017Q4	kbsriii	Off Market Lease Unfavorable Gross OffMarketLeaseUnfavorableGross	47459000	USD
CY2018Q1	kbsriii	Off Market Lease Unfavorable Gross OffMarketLeaseUnfavorableGross	45734000	USD
CY2017Q1	kbsriii	Otherincome Other OtherincomeOther	0	USD
CY2018Q1	kbsriii	Otherincome Other OtherincomeOther	301000	USD
CY2018Q1	kbsriii	Percentage Of Real Estate Portfolio Occupied PercentageOfRealEstatePortfolioOccupied	0.92
CY2017Q4	kbsriii	Redeemable Common Stock RedeemableCommonStock	18870000	USD
CY2018Q1	kbsriii	Redeemable Common Stock RedeemableCommonStock	9232000	USD
CY2017Q4	kbsriii	Tenant Origination And Absorption Costs Accumulated Amortization TenantOriginationAndAbsorptionCostsAccumulatedAmortization	108078000	USD
CY2018Q1	kbsriii	Tenant Origination And Absorption Costs Accumulated Amortization TenantOriginationAndAbsorptionCostsAccumulatedAmortization	111051000	USD
CY2017Q1	kbsriii	Tenant Origination And Absorption Costs Amortization Expense TenantOriginationAndAbsorptionCostsAmortizationExpense	11106000	USD
CY2018Q1	kbsriii	Tenant Origination And Absorption Costs Amortization Expense TenantOriginationAndAbsorptionCostsAmortizationExpense	8142000	USD
CY2017Q4	kbsriii	Tenant Origination And Absorption Costs Gross TenantOriginationAndAbsorptionCostsGross	230576000	USD
CY2018Q1	kbsriii	Tenant Origination And Absorption Costs Gross TenantOriginationAndAbsorptionCostsGross	225407000	USD
CY2017Q4	kbsriii	Tenant Origination And Absorption Costs Net TenantOriginationAndAbsorptionCostsNet	122498000	USD
CY2018Q1	kbsriii	Tenant Origination And Absorption Costs Net TenantOriginationAndAbsorptionCostsNet	114356000	USD
CY2017Q4	kbsriii	Total Real Estate TotalRealEstate	2962134000	USD
CY2018Q1	kbsriii	Total Real Estate TotalRealEstate	2957728000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	71012000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	65220000	USD
CY2018Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	526594000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	110000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	182000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1591640000	USD
CY2017Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	79317000	USD
CY2018Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	84772000	USD
CY2017Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	514451000	USD
CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1591679000	USD
CY2017	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	12000	USD
CY2017Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1571000	USD
CY2018Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1371000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1210000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1549000	USD
CY2018Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	10900000	sqft
CY2017Q1	us-gaap	Asset Management Costs AssetManagementCosts	6205000	USD
CY2018Q1	us-gaap	Asset Management Costs AssetManagementCosts	6620000	USD
CY2017Q4	us-gaap	Assets Assets	3220807000	USD
CY2018Q1	us-gaap	Assets Assets	3240570000	USD
CY2017Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	1786000	USD
CY2018Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	1791000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	72068000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	55648000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65486000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	59065000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-16420000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-6421000	USD
CY2018Q1	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	-200000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.16
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.160
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	180864707	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	176993282	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	180864707	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	176993282	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	1809000	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	1770000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	6605000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16702000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	6605000	USD
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	16702000	USD
CY2017Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	67826000	USD
CY2018Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	79958000	USD
CY2017Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	22489000	USD
CY2018Q1	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	23153000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	100436000	USD
CY2018Q1	us-gaap	Costs And Expenses CostsAndExpenses	87862000	USD
CY2017Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1956919000	USD
CY2018Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2040047000	USD
CY2017Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	1956919000	USD
CY2018Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	2040047000	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	15133000	USD
CY2018Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13521000	USD
CY2017Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	74400000	USD
CY2018Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	78200000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	41695000	USD
CY2018Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38982000	USD
CY2017	us-gaap	Dividends Common Stock DividendsCommonStock	117738000	USD
CY2018Q1	us-gaap	Dividends Common Stock DividendsCommonStock	28773000	USD
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9982000	USD
CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9836000	USD
CY2017Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3239000	USD
CY2018Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3411000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.03
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.09
CY2017Q4	us-gaap	Equity Method Investments EquityMethodInvestments	33997000	USD
CY2018Q1	us-gaap	Equity Method Investments EquityMethodInvestments	34401000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1224000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1523000	USD
CY2017Q4	us-gaap	Incentive To Lessee IncentiveToLessee	9300000	USD
CY2018Q1	us-gaap	Incentive To Lessee IncentiveToLessee	9100000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6857000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-10606000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4069000	USD
CY2018Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1621000	USD
CY2017Q1	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	223000	USD
CY2018Q1	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	0	USD
CY2017Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-58000	USD
CY2018Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	10000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	3207000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1843000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	12834000	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	12415000	USD
CY2017Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	200000	USD
CY2017Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	170000	USD
CY2018Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	1100000	USD
CY2018Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	1070000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	12901000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	810000	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	13527000	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	16807000	USD
CY2017Q4	us-gaap	Interest Payable Current InterestPayableCurrent	6100000	USD
CY2018Q1	us-gaap	Interest Payable Current InterestPayableCurrent	6500000	USD
CY2017Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	2680838000	USD
CY2018Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	2696747000	USD
CY2017Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	23000	USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	12000	USD
CY2017Q4	us-gaap	Land Land	390685000	USD
CY2018Q1	us-gaap	Land Land	390685000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	2100484000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	2168192000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3220807000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3240570000	USD
CY2018Q1	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.001
CY2018Q1	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest	0.999
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	1941786000	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	2026526000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	180589000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	93957000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1193250000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	348924000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	223327000	USD
CY2017Q4	us-gaap	Minority Interest MinorityInterest	300000	USD
CY2018Q1	us-gaap	Minority Interest MinorityInterest	300000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	31431000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8672000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-66948000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-26201000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	19097000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11108000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	4986000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	16630000	USD
CY2017Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	1941786000	USD
CY2018Q1	us-gaap	Notes Payable NotesPayable	2026526000	USD
CY2018Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2017Q4	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	24610000	USD
CY2018Q1	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	22787000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	1688116000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	185290000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	219360000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	248987000	USD
CY2018Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	78964000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1619000	USD
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2408000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	72000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-894000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	280816000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear	223171000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	530492000	USD
CY2017Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	80821000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	12000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	725000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	84000	USD
CY2017Q1	us-gaap	Other Income OtherIncome	22000	USD
CY2018Q1	us-gaap	Other Income OtherIncome	313000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	30935000	USD
CY2018Q1	us-gaap	Other Liabilities OtherLiabilities	31133000	USD
CY2017Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	5474000	USD
CY2018Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	5715000	USD
CY2017Q1	us-gaap	Payment For Administrative Fees PaymentForAdministrativeFees	65000	USD
CY2018Q1	us-gaap	Payment For Administrative Fees PaymentForAdministrativeFees	89000	USD
CY2017Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	15218000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	21155000	USD
CY2017Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	11213000	USD
CY2018Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	7279000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	12482000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	59784000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	14067000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	14646000	USD
CY2017Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1162000	USD
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	26000	USD
CY2017Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1000	USD
CY2018Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
CY2017Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	32773000	USD
CY2018Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	311000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	72226000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	97390000	USD
CY2017Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	USD
CY2018Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	2544000	USD
CY2017Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	59675000	USD
CY2018Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	83875000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	4986000	USD
CY2017	us-gaap	Profit Loss ProfitLoss	1374000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	16630000	USD
CY2017Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	211000	USD
CY2018Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-232000	USD
CY2017Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	28017000	USD
CY2018Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	28021000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	435808000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	463090000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	3369925000	USD
CY2018Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	3392797000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	2934117000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	2929707000	USD
CY2017Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	15922000	USD
CY2018Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	16774000	USD
CY2017Q1	us-gaap	Recognition Of Deferred Revenue RecognitionOfDeferredRevenue	4063000	USD
CY2018Q1	us-gaap	Recognition Of Deferred Revenue RecognitionOfDeferredRevenue	3624000	USD
CY2017Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	532000	USD
CY2018Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	747000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	14273000	USD
CY2017Q1	us-gaap	Revenues Revenues	105400000	USD
CY2018Q1	us-gaap	Revenues Revenues	104179000	USD
CY2017	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	59785000	USD
CY2018Q1	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	5041000	USD
CY2017	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	61871000	USD
CY2018Q1	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	59784000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	1079108000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1067037000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1193376000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1079408000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1067337000	USD
CY2017Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	40915000	USD
CY2017Q1	us-gaap	Tenant Reimbursements TenantReimbursements	19105000	USD
CY2018Q1	us-gaap	Tenant Reimbursements TenantReimbursements	19500000	USD
CY2017Q1	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	2538000	USD
CY2018Q1	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	18037000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	181445091	shares
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	179537623	shares
CY2018Q1	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 condensed notes. Actual results could materially differ from those estimates. </font></div></div>

Files In Submission

Name	View Source	Status
0001482430-18-000010-index-headers.html	Edgar Link	pending
0001482430-18-000010-index.html	Edgar Link	pending
0001482430-18-000010.txt	Edgar Link	pending
0001482430-18-000010-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
kbsriii-20180331.xml	Edgar Link	completed
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kbsriiiq12018exhibit311.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$KBSR
KBS Real Estate Investment Trust III, Inc. Stock $kbsr

2018 Q2 Form 10-Q Financial Statement

#000148243018000010 Filed on May 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KBSR KBS Real Estate Investment Trust III, Inc. Stock $kbsr

2018 Q2 Form 10-Q Financial Statement

#000148243018000010 Filed on May 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KBSR
KBS Real Estate Investment Trust III, Inc. Stock $kbsr