$KBSR
KBS Real Estate Investment Trust III, Inc.
Stock
$kbsr
2020 Q2 Form 10-Q Financial Statement
#000148243020000043 Filed on August 12, 2020
Income Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
Revenue | $75.97M | $114.5M |
YoY Change | -33.65% | 6.44% |
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 | $27.36M | $41.63M |
YoY Change | -34.29% | 6.68% |
% of Gross Profit | ||
Operating Expenses | ||
YoY Change | ||
Operating Profit | ||
YoY Change | ||
Interest Expense | $13.80M | $47.40M |
YoY Change | -70.89% | 278.68% |
% of Operating Profit | ||
Other Income/Expense, Net | $49.44M | $5.000K |
YoY Change | 988640.0% | |
Pretax Income | ||
YoY Change | ||
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $39.51M | -$28.12M |
YoY Change | -240.52% | -258.4% |
Net Earnings / Revenue | 52.0% | -24.55% |
Basic Earnings Per Share | $0.22 | |
Diluted Earnings Per Share | $0.22 | |
COMMON SHARES | ||
Basic Shares Outstanding | 182.4M shares | 174.8M shares |
Diluted Shares Outstanding | 182.4M shares |
Balance Sheet
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $48.37M | $66.08M |
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 | $239.5M | |
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $2.644B | $3.276B |
YoY Change | -19.28% | 2.03% |
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 | $1.664B | $2.446B |
YoY Change | -31.98% | 12.95% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $1.826M | $1.750M |
YoY Change | 4.34% | -0.17% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $911.2M | $813.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.644B | $3.276B |
YoY Change | -19.28% | 2.03% |
Cashflow Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $39.51M | -$28.12M |
YoY Change | -240.52% | -258.4% |
Depreciation, Depletion And Amortization | $27.36M | $41.63M |
YoY Change | -34.29% | 6.68% |
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 |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001482430 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
000-54687 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
KBS REAL ESTATE INVESTMENT TRUST III, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MD | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
27-1627696 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
800 Newport Center Drive, Suite 700 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Newport Beach, | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
92660 | ||
dei |
City Area Code
CityAreaCode
|
949 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
417-6500 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2020Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
183187510 | shares |
CY2020Q2 | us-gaap |
Land
Land
|
306871000 | USD |
CY2019Q4 | us-gaap |
Land
Land
|
308920000 | USD |
CY2020Q2 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
2126406000 | USD |
CY2019Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
2092928000 | USD |
CY2020Q2 | kbsriii |
Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
|
86392000 | USD |
CY2019Q4 | kbsriii |
Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
|
95808000 | USD |
CY2020Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2519669000 | USD |
CY2019Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2497656000 | USD |
CY2020Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
481802000 | USD |
CY2019Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
444299000 | USD |
CY2020Q2 | kbsriii |
Real Estate Investment Property Excluding Held For Sale
RealEstateInvestmentPropertyExcludingHeldForSale
|
2037867000 | USD |
CY2019Q4 | kbsriii |
Real Estate Investment Property Excluding Held For Sale
RealEstateInvestmentPropertyExcludingHeldForSale
|
2053357000 | USD |
CY2020Q2 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
0 | USD |
CY2019Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
122264000 | USD |
CY2020Q2 | kbsriii |
Real Estate Net
RealEstateNet
|
2037867000 | USD |
CY2019Q4 | kbsriii |
Real Estate Net
RealEstateNet
|
2175621000 | USD |
CY2020Q2 | us-gaap |
Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
|
680000 | USD |
CY2020Q2 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
147648000 | USD |
CY2019Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
0 | USD |
CY2020Q2 | kbsriii |
Real Estate And Real Estate Related Investments Net
RealEstateAndRealEstateRelatedInvestmentsNet
|
2185515000 | USD |
CY2019Q4 | kbsriii |
Real Estate And Real Estate Related Investments Net
RealEstateAndRealEstateRelatedInvestmentsNet
|
2175621000 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
48368000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
43984000 | USD |
CY2020Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5289000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5288000 | USD |
CY2020Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
239474000 | USD |
CY2019Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
253371000 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
88150000 | USD |
CY2019Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
83446000 | USD |
CY2020Q2 | kbsriii |
Above Market Leases Net
AboveMarketLeasesNet
|
501000 | USD |
CY2019Q4 | kbsriii |
Above Market Leases Net
AboveMarketLeasesNet
|
566000 | USD |
CY2020Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
76702000 | USD |
CY2019Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
76651000 | USD |
CY2020Q2 | us-gaap |
Assets
Assets
|
2643999000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
2638927000 | USD |
CY2020Q2 | us-gaap |
Notes Payable
NotesPayable
|
1493231000 | USD |
CY2019Q4 | us-gaap |
Notes Payable
NotesPayable
|
1459879000 | USD |
CY2020Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
58471000 | USD |
CY2019Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
71381000 | USD |
CY2020Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
8141000 | USD |
CY2019Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
7886000 | USD |
CY2020Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
9102000 | USD |
CY2019Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
9392000 | USD |
CY2020Q2 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
8347000 | USD |
CY2019Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
9849000 | USD |
CY2020Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
86442000 | USD |
CY2019Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
43526000 | USD |
CY2020Q2 | us-gaap |
Liabilities
Liabilities
|
1663734000 | USD |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
1601913000 | USD |
CY2020Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
69059000 | USD |
CY2019Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
51704000 | USD |
CY2020Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000000 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000000 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
182564608 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
182564608 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
180970743 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
180970743 | shares |
CY2020Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
1826000 | USD |
CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1810000 | USD |
CY2020Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1600363000 | USD |
CY2019Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1600416000 | USD |
CY2020Q2 | us-gaap |
Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
|
690983000 | USD |
CY2019Q4 | us-gaap |
Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
|
617171000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
911206000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
985055000 | USD |
CY2020Q2 | us-gaap |
Minority Interest
MinorityInterest
|
0 | USD |
CY2019Q4 | us-gaap |
Minority Interest
MinorityInterest
|
255000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
911206000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
985310000 | USD |
CY2020Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2643999000 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2638927000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
70608000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
105843000 | USD |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
142226000 | USD | |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
208850000 | USD | |
CY2020Q2 | us-gaap |
Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
1207000 | USD |
CY2019Q2 | us-gaap |
Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
0 | USD |
us-gaap |
Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
1207000 | USD | |
us-gaap |
Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
0 | USD | |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4156000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8666000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
10240000 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
17037000 | USD | |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
75971000 | USD |
CY2019Q2 | us-gaap |
Revenues
Revenues
|
114509000 | USD |
us-gaap |
Revenues
Revenues
|
153673000 | USD | |
us-gaap |
Revenues
Revenues
|
225887000 | USD | |
CY2020Q2 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
17098000 | USD |
CY2019Q2 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
26279000 | USD |
us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
35355000 | USD | |
us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
50013000 | USD | |
CY2020Q2 | us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
14809000 | USD |
CY2019Q2 | us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
18418000 | USD |
us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
28912000 | USD | |
us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
35865000 | USD | |
CY2020Q2 | us-gaap |
Affiliate Costs
AffiliateCosts
|
5219000 | USD |
CY2019Q2 | us-gaap |
Affiliate Costs
AffiliateCosts
|
6999000 | USD |
us-gaap |
Affiliate Costs
AffiliateCosts
|
10393000 | USD | |
us-gaap |
Affiliate Costs
AffiliateCosts
|
13871000 | USD | |
CY2020Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1519000 | USD |
CY2019Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1907000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3196000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3942000 | USD | |
CY2020Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
27358000 | USD |
CY2019Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
41632000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
54750000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
83040000 | USD | |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
13753000 | USD |
CY2019Q2 | us-gaap |
Interest Expense
InterestExpense
|
47403000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
62542000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
85350000 | USD | |
CY2020Q2 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
CY2019Q2 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
19896000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
8706000 | USD | |
CY2020Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
79756000 | USD |
CY2019Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
142638000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
215044000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
280787000 | USD | |
CY2020Q2 | kbsriii |
Otherincome Other
OtherincomeOther
|
0 | USD |
CY2019Q2 | kbsriii |
Otherincome Other
OtherincomeOther
|
9000 | USD |
kbsriii |
Otherincome Other
OtherincomeOther
|
0 | USD | |
kbsriii |
Otherincome Other
OtherincomeOther
|
22000 | USD | |
CY2020Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
14000 | USD |
CY2019Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
192000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
47000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
264000 | USD | |
CY2020Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-835000 | USD |
CY2019Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1996000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
CY2020Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2019Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-196000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-188000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-196000 | USD | |
CY2020Q2 | kbsriii |
Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
|
50938000 | USD |
CY2019Q2 | kbsriii |
Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
|
0 | USD |
kbsriii |
Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
|
50938000 | USD | |
kbsriii |
Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
|
0 | USD | |
CY2020Q2 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
680000 | USD |
CY2019Q2 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | USD |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
680000 | USD | |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | USD | |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
49437000 | USD |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
48121000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
90000 | USD | |
CY2020Q2 | us-gaap |
Profit Loss
ProfitLoss
|
45652000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-28124000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-13250000 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.31 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-54810000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
6144000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-9000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
6145000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-17000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39508000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28115000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-19395000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-54793000 | USD | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.22 | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.11 | ||
CY2020Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
182388463 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
174783611 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
181988121 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
175154320 | shares | |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
899233000 | USD |
CY2020Q2 | us-gaap |
Profit Loss
ProfitLoss
|
45652000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
11718000 | USD |
CY2020Q2 | kbsriii |
Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
|
8475000 | USD |
CY2020Q2 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
3243000 | USD |
CY2020Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
27268000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
11000 | USD |
CY2020Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
6400000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
911206000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
870683000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-28124000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12974000 | USD |
CY2019Q2 | kbsriii |
Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
|
10080000 | USD |
CY2019Q2 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
2944000 | USD |
CY2019Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
28404000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
1000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
814104000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
985310000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-13250000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
23622000 | USD | |
kbsriii |
Adjustments To Additional Paid In Capital Transfers To Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersToRedeemableCommonStock
|
17355000 | USD | |
us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
6292000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
54417000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
12000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
6400000 | USD | |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
911206000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
930895000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-54810000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
26471000 | USD | |
kbsriii |
Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock
|
24028000 | USD | |
us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
55550000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
56927000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
3000 | USD | |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
814104000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-13250000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-54810000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
54750000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
83040000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
19896000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
8706000 | USD | |
kbsriii |
Noncash Interest Income On Real Estate Related Investment
NoncashInterestIncomeOnRealEstateRelatedInvestment
|
530000 | USD | |
kbsriii |
Noncash Interest Income On Real Estate Related Investment
NoncashInterestIncomeOnRealEstateRelatedInvestment
|
0 | USD | |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
680000 | USD | |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1996000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2688000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
kbsriii |
Distribution Of Operating Cash Flow From An Unconsolidated Entity
DistributionOfOperatingCashFlowFromAnUnconsolidatedEntity
|
11901000 | USD | |
kbsriii |
Distribution Of Operating Cash Flow From An Unconsolidated Entity
DistributionOfOperatingCashFlowFromAnUnconsolidatedEntity
|
0 | USD | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
2986000 | USD | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3026000 | USD | |
kbsriii |
Real Estate Loss Dueto Property Damages
RealEstateLossDuetoPropertyDamages
|
0 | USD | |
kbsriii |
Real Estate Loss Dueto Property Damages
RealEstateLossDuetoPropertyDamages
|
90000 | USD | |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-1437000 | USD | |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-2100000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2117000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3185000 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-34016000 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-37899000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-188000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-196000 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
50938000 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3149000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5446000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
19213000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8106000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3438000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1170000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-2853000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
1388000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
399000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
42721000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
44926000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
47873000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
35199000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
26571000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
3277000 | USD | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
14017000 | USD | |
kbsriii |
Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
|
120000 | USD | |
kbsriii |
Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
|
0 | USD | |
kbsriii |
Payments Of Post Closing Acquisition Costs
PaymentsOfPostClosingAcquisitionCosts
|
0 | USD | |
kbsriii |
Payments Of Post Closing Acquisition Costs
PaymentsOfPostClosingAcquisitionCosts
|
338000 | USD | |
kbsriii |
Escrow Deposits Relatedto Tenant Improvements1
EscrowDepositsRelatedtoTenantImprovements1
|
0 | USD | |
kbsriii |
Escrow Deposits Relatedto Tenant Improvements1
EscrowDepositsRelatedtoTenantImprovements1
|
972000 | USD | |
us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
0 | USD | |
us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
519000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-24699000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-48063000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
104510000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
283830000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
72052000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
193664000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1458000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
4692000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6292000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
55550000 | USD | |
kbsriii |
Payments Of Prepaid Other Offering Costs
PaymentsOfPrepaidOtherOfferingCosts
|
848000 | USD | |
kbsriii |
Payments Of Prepaid Other Offering Costs
PaymentsOfPrepaidOtherOfferingCosts
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
12000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
3000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
6400000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
31085000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
30772000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13637000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-851000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4385000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3988000 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
49272000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
76038000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
53657000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72050000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1067000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
26750000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
43659000 | USD | |
kbsriii |
Noncashincreasesdecreaseindistributionspayable
Noncashincreasesdecreaseindistributionspayable
|
9102000 | USD | |
kbsriii |
Noncashincreasesdecreaseindistributionspayable
Noncashincreasesdecreaseindistributionspayable
|
9485000 | USD | |
kbsriii |
Noncash Increaseinredeemablecommonstock
NoncashIncreaseinredeemablecommonstock
|
43000 | USD | |
kbsriii |
Noncash Increaseinredeemablecommonstock
NoncashIncreaseinredeemablecommonstock
|
16476000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
22932000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
27061000 | USD | |
kbsriii |
Increasein Construction In Progress Payable
IncreaseinConstructionInProgressPayable
|
0 | USD | |
kbsriii |
Increasein Construction In Progress Payable
IncreaseinConstructionInProgressPayable
|
6616000 | USD | |
kbsriii |
Increaseinconstructioninprogressduetoaffiliate
Increaseinconstructioninprogressduetoaffiliate
|
0 | USD | |
kbsriii |
Increaseinconstructioninprogressduetoaffiliate
Increaseinconstructioninprogressduetoaffiliate
|
1049000 | USD | |
kbsriii |
Real Estate Loan Receivable Provided To Purchaser Of Real Estate
RealEstateLoanReceivableProvidedToPurchaserOfRealEstate
|
147678000 | USD | |
kbsriii |
Real Estate Loan Receivable Provided To Purchaser Of Real Estate
RealEstateLoanReceivableProvidedToPurchaserOfRealEstate
|
0 | USD | |
kbsriii |
Accrued Prepaid Other Offering Costs
AccruedPrepaidOtherOfferingCosts
|
751000 | USD | |
kbsriii |
Accrued Prepaid Other Offering Costs
AccruedPrepaidOtherOfferingCosts
|
33000 | USD | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2019Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.1625 | |
kbsriii |
Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
|
23622000 | USD | |
kbsriii |
Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
|
26471000 | USD | |
CY2020Q2 | kbsriii |
Number Or Real Estate Loans Receivable
NumberOrRealEstateLoansReceivable
|
1 | numberOfLoans |
CY2020Q2 | kbsriii |
Percent Of Total Rental Income From Retail And Restaurant Tenants
PercentOfTotalRentalIncomeFromRetailAndRestaurantTenants
|
0.03 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
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. | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2019Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.3250 | ||
CY2020Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.149 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.298 | ||
kbsriii |
Common Share Distribution Rate For Share Per Day Declared
CommonShareDistributionRateForSharePerDayDeclared
|
0.05416667 | ||
kbsriii |
Common Share Distribution Rate For Share Per Day Declared
CommonShareDistributionRateForSharePerDayDeclared
|
0.04983333 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | numberOfSegments | |
CY2020Q2 | kbsriii |
Grants Of Rent Deferrals Covid19
GrantsOfRentDeferralsCOVID19
|
1500000 | USD |
CY2020Q2 | kbsriii |
Grants Of Rental Abatements Covid19
GrantsOfRentalAbatementsCOVID19
|
800000 | USD |
CY2020Q2 | kbsriii |
Deferred Lease Concessions Covid19
DeferredLeaseConcessionsCOVID19
|
1100000 | USD |
CY2020Q2 | kbsriii |
Reserve For Payments Not Probable To Collect Covid19
ReserveForPaymentsNotProbableToCollectCOVID19
|
500000 | USD |
CY2020Q2 | kbsriii |
Reversal Of Rental Income For Abatements Granted To Tenants Covid19
ReversalOfRentalIncomeForAbatementsGrantedToTenantsCOVID19
|
600000 | USD |
kbsriii |
Reversal Of Rental Income For Abatements Granted To Tenants Covid19
ReversalOfRentalIncomeForAbatementsGrantedToTenantsCOVID19
|
600000 | USD | |
CY2020Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
7800000 | sqft |
CY2020Q2 | kbsriii |
Percentage Of Real Estate Portfolio Occupied
PercentageOfRealEstatePortfolioOccupied
|
0.88 | |
CY2020Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2519669000 | USD |
CY2020Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
481802000 | USD |
CY2020Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
2037867000 | USD |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3000000.0 | USD | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3000000.0 | USD | |
CY2020Q2 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
83300000 | USD |
CY2019Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
80000000.0 | USD |
CY2020Q2 | us-gaap |
Incentive To Lessee
IncentiveToLessee
|
21100000 | USD |
CY2019Q4 | us-gaap |
Incentive To Lessee
IncentiveToLessee
|
21000000.0 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
112461000 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
221907000 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
197778000 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
168586000 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
148452000 | USD |
CY2020Q2 | kbsriii |
Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
|
623845000 | USD |
CY2020Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
1473029000 | USD |
CY2020Q2 | kbsriii |
Number Of Tenants
NumberOfTenants
|
640 | tenant |
CY2020Q2 | kbsriii |
Annualized Base Rent
AnnualizedBaseRent
|
94932000 | USD |
us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.406 | ||
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
19900000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
8700000 | USD | |
CY2020Q2 | kbsriii |
Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
|
86392000 | USD |
CY2019Q4 | kbsriii |
Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
|
95808000 | USD |
CY2020Q2 | kbsriii |
Above Market Leases Gross
AboveMarketLeasesGross
|
1146000 | USD |
CY2019Q4 | kbsriii |
Above Market Leases Gross
AboveMarketLeasesGross
|
2661000 | USD |
CY2020Q2 | kbsriii |
Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
|
24822000 | USD |
CY2019Q4 | kbsriii |
Off Market Lease Unfavorable Gross
OffMarketLeaseUnfavorableGross
|
25630000 | USD |
CY2020Q2 | kbsriii |
Tenant Origination And Absorption Costs Accumulated Amortization
TenantOriginationAndAbsorptionCostsAccumulatedAmortization
|
53697000 | USD |
CY2019Q4 | kbsriii |
Tenant Origination And Absorption Costs Accumulated Amortization
TenantOriginationAndAbsorptionCostsAccumulatedAmortization
|
56886000 | USD |
CY2020Q2 | kbsriii |
Above Market Leases Accumulated Amortization
AboveMarketLeasesAccumulatedAmortization
|
645000 | USD |
CY2019Q4 | kbsriii |
Above Market Leases Accumulated Amortization
AboveMarketLeasesAccumulatedAmortization
|
2095000 | USD |
CY2020Q2 | kbsriii |
Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
|
16475000 | USD |
CY2019Q4 | kbsriii |
Off Market Lease Unfavorable Accumulated Amortization
OffMarketLeaseUnfavorableAccumulatedAmortization
|
15781000 | USD |
CY2020Q2 | kbsriii |
Tenant Origination And Absorption Costs Net
TenantOriginationAndAbsorptionCostsNet
|
32695000 | USD |
CY2019Q4 | kbsriii |
Tenant Origination And Absorption Costs Net
TenantOriginationAndAbsorptionCostsNet
|
38922000 | USD |
CY2020Q2 | kbsriii |
Above Market Leases Net
AboveMarketLeasesNet
|
501000 | USD |
CY2019Q4 | kbsriii |
Above Market Leases Net
AboveMarketLeasesNet
|
566000 | USD |
CY2020Q2 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
8347000 | USD |
CY2019Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
9849000 | USD |
us-gaap |
Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
|
0.0534 | ||
CY2020Q2 | kbsriii |
Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
|
2518000 | USD |
CY2019Q2 | kbsriii |
Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
|
7209000 | USD |
CY2020Q2 | kbsriii |
Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
|
28000 | USD |
CY2019Q2 | kbsriii |
Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
|
347000 | USD |
CY2020Q2 | kbsriii |
Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
|
742000 | USD |
CY2019Q2 | kbsriii |
Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
|
1499000 | USD |
kbsriii |
Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
|
5293000 | USD | |
kbsriii |
Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
|
14419000 | USD | |
kbsriii |
Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
|
65000 | USD | |
kbsriii |
Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
|
724000 | USD | |
kbsriii |
Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
|
1502000 | USD | |
kbsriii |
Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
|
2824000 | USD | |
CY2020Q2 | kbsriii |
Number Of Financing Receivables Originated
NumberOfFinancingReceivablesOriginated
|
1 | numberOfLoans |
CY2020Q2 | kbsriii |
Mortgage Loans On Real Estate Commercial And Consumer Gross
MortgageLoansOnRealEstateCommercialAndConsumerGross
|
150213000 | USD |
CY2020Q2 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
147648000 | USD |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
700000 | USD | |
CY2020Q2 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
700000 | USD |
CY2019Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
0 | USD |
kbsriii |
Face Value Of Financing Receivable Originated
FaceValueOfFinancingReceivableOriginated
|
150213000 | USD | |
kbsriii |
Discount On Financing Receivable Originated
DiscountOnFinancingReceivableOriginated
|
2535000 | USD | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
556000 | USD | |
kbsriii |
Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
|
120000 | USD | |
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
26000 | USD | |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
680000 | USD | |
CY2020Q2 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
147648000 | USD |
CY2020Q2 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
677000 | USD |
us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
677000 | USD | |
CY2020Q2 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
556000 | USD |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
556000 | USD | |
CY2020Q2 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
26000 | USD |
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
26000 | USD | |
CY2020Q2 | us-gaap |
Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
|
1207000 | USD |
us-gaap |
Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
|
1207000 | USD | |
CY2020Q2 | us-gaap |
Interest Receivable
InterestReceivable
|
400000 | USD |
CY2020Q2 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
6400000 | USD |
CY2020Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-800000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000.0 | USD | |
CY2020Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1498834000 | USD |
CY2019Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
6497000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1466376000 | USD |
CY2020Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
5603000 | USD |
CY2020Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1493231000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1459879000 | USD |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
13800000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
62500000 | USD | |
CY2019Q2 | us-gaap |
Interest Expense
InterestExpense
|
47400000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
85400000 | USD | |
CY2020Q2 | kbsriii |
Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
|
3900000 | USD |
kbsriii |
Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
|
38600000 | USD | |
CY2019Q2 | kbsriii |
Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
|
22000000.0 | USD |
kbsriii |
Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
|
35300000 | USD | |
CY2020Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
4100000 | USD |
CY2019Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
4500000 | USD |
CY2020Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
731966000 | USD |
CY2020Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | USD |
CY2020Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
93000000 | USD |
CY2020Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
294623000 | USD |
CY2020Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
379245000 | USD |
CY2020Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1498834000 | USD |
CY2020Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
150213000 | USD |
CY2019Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
0 | USD |
CY2020Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1498834000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1466376000 | USD |
CY2020Q2 | us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
94000 | USD |
us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
185000 | USD | |
CY2019Q2 | us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
78000 | USD |
us-gaap |
Payment For Administrative Fees
PaymentForAdministrativeFees
|
148000 | USD | |
CY2020Q2 | kbsriii |
Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
|
0.080 | |
CY2020Q2 | kbsriii |
Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
|
0.08 | |
CY2020Q2 | kbsriii |
Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
|
0.08 |