2021 Q4 Form 10-K Financial Statement

#000148243022000016 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $75.11M $296.8M $77.74M
YoY Change -3.38% -3.31% 1.75%
Cost Of Revenue $38.72M $146.3M
YoY Change -2.25%
Gross Profit $36.39M $150.4M
YoY Change -4.32%
Gross Profit Margin 48.45% 50.69%
Selling, General & Admin $893.0K $6.116M
YoY Change -7.33%
% of Gross Profit 2.45% 4.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.37M $111.0M
YoY Change 0.16%
% of Gross Profit 75.2% 73.77%
Operating Expenses $28.26M $117.1M
YoY Change -0.26%
Operating Profit $8.133M $33.34M
YoY Change -16.28%
Interest Expense $16.60M $29.30M
YoY Change -63.87%
% of Operating Profit 204.11% 87.89%
Other Income/Expense, Net $139.6M
YoY Change 185.73%
Pretax Income $118.4M $143.7M
YoY Change -1263.03%
Income Tax
% Of Pretax Income
Net Earnings $118.4M $143.7M -$221.0K
YoY Change -53666.06% -1263.03% -74.89%
Net Earnings / Revenue 157.61% 48.41% -0.28%
Basic Earnings Per Share $0.83
Diluted Earnings Per Share $758.9K $0.83
COMMON SHARES
Basic Shares Outstanding 156.0M shares 172.3M shares 184.1M shares
Diluted Shares Outstanding 172.3M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.40M $44.40M
YoY Change -38.77%
Cash & Equivalents $44.40M $44.40M $72.52M
Short-Term Investments
Other Short-Term Assets $70.01M $70.01M
YoY Change -4.43%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $203.3M $203.3M
YoY Change -12.3%
LONG-TERM ASSETS
Property, Plant & Equipment $1.868B $1.868B
YoY Change -7.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $180.2M $233.6M
YoY Change -100.0% -22.84% -7.81%
Other Assets $2.032M $2.032M
YoY Change -78.67%
Total Long-Term Assets $2.051B $2.051B
YoY Change -9.75%
TOTAL ASSETS
Total Short-Term Assets $203.3M $203.3M
Total Long-Term Assets $2.051B $2.051B
Total Assets $2.254B $2.254B $2.504B
YoY Change -9.99% -9.99% -5.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.32M $58.32M
YoY Change 4.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $74.18M $74.18M
YoY Change 0.76%
LONG-TERM LIABILITIES
Long-Term Debt $1.465B $1.465B
YoY Change 5.55%
Other Long-Term Liabilities $52.06M $52.06M
YoY Change -46.65%
Total Long-Term Liabilities $1.517B $1.517B
YoY Change 2.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.18M $74.18M
Total Long-Term Liabilities $1.517B $1.517B
Total Liabilities $1.592B $1.592B $1.560B
YoY Change 2.06% 2.06% -2.64%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.532M $1.842M
YoY Change -16.83% 1.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $620.2M $662.6M $898.0M
YoY Change
Total Liabilities & Shareholders Equity $2.254B $2.254B $2.504B
YoY Change -9.99% -9.99% -5.1%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $118.4M $143.7M -$221.0K
YoY Change -53666.06% -1263.03% -74.89%
Depreciation, Depletion And Amortization $27.37M $111.0M
YoY Change 0.16%
Cash From Operating Activities $24.56M $100.8M
YoY Change -0.92%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $179.4M $226.5M
YoY Change 158.68%
Cash From Investing Activities $179.4M $226.5M
YoY Change 168.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $365.6M
YoY Change 3261.1%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -196.5M -$358.7M
YoY Change 127.77%
NET CHANGE
Cash From Operating Activities 24.56M $100.8M
Cash From Investing Activities 179.4M $226.5M
Cash From Financing Activities -196.5M -$358.7M
Net Change In Cash 7.460M -$31.38M
YoY Change -209.94%
FREE CASH FLOW
Cash From Operating Activities $24.56M $100.8M
Capital Expenditures $0.00 $0.00
Free Cash Flow $24.56M $100.8M
YoY Change -4.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0001482430
CY2021Q2 dei Entity Public Float
EntityPublicFloat
0 USD
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 kbsriii Periodof Increaseor Decreaseof Funding Availablefor Redemption
PeriodofIncreaseorDecreaseofFundingAvailableforRedemption
P10D
CY2021 kbsriii Shareredemptionprogramterminationperiod
Shareredemptionprogramterminationperiod
P10D
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
000-54687
CY2021 dei Entity Registrant Name
EntityRegistrantName
KBS REAL ESTATE INVESTMENT TRUST III, INC.
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-1627696
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
800 Newport Center Drive
CY2021 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 700
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
Newport Beach
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92660
CY2021 dei City Area Code
CityAreaCode
949
CY2021 dei Local Phone Number
LocalPhoneNumber
417-6500
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
false
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
151359227 shares
CY2021 dei Auditor Firm
AuditorFirmId
42
CY2021 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2021 dei Auditor Location
AuditorLocation
Irvine, California
CY2021Q4 us-gaap Land
Land
290121000 USD
CY2020Q4 us-gaap Land
Land
290121000 USD
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2090983000 USD
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2021380000 USD
CY2021Q4 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
60162000 USD
CY2020Q4 kbsriii Tenant Origination And Absorption Costs Gross
TenantOriginationAndAbsorptionCostsGross
75664000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2441266000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2387165000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
572968000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
490365000 USD
CY2021Q4 kbsriii Real Estate Investment Property Excluding Held For Sale
RealEstateInvestmentPropertyExcludingHeldForSale
1868298000 USD
CY2020Q4 kbsriii Real Estate Investment Property Excluding Held For Sale
RealEstateInvestmentPropertyExcludingHeldForSale
1896800000 USD
CY2021Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2020Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
132143000 USD
CY2021Q4 kbsriii Real Estate And Real Estate Related Investments Net
RealEstateAndRealEstateRelatedInvestmentsNet
2048526000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1868298000 USD
CY2020Q4 kbsriii Real Estate Investment Property Net1
RealEstateInvestmentPropertyNet1
2028943000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
180228000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
0 USD
CY2020Q4 kbsriii Real Estate And Real Estate Related Investments Net
RealEstateAndRealEstateRelatedInvestmentsNet
2028943000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44404000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72523000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
2032000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
5288000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
233592000 USD
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
88534000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
85539000 USD
CY2021Q4 kbsriii Above Market Leases Net
AboveMarketLeasesNet
348000 USD
CY2020Q4 kbsriii Above Market Leases Net
AboveMarketLeasesNet
449000 USD
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
343000 USD
CY2020Q4 us-gaap Due From Related Parties
DueFromRelatedParties
0 USD
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
0 USD
CY2020Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
13091000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
70014000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
64900000 USD
CY2021Q4 us-gaap Assets
Assets
2254201000 USD
CY2020Q4 us-gaap Assets
Assets
2504325000 USD
CY2021Q4 kbsriii Notes Payable Excluding Notes Payable For Real Estate Held For Sale
NotesPayableExcludingNotesPayableForRealEstateHeldForSale
1465398000 USD
CY2020Q4 kbsriii Notes Payable Excluding Notes Payable For Real Estate Held For Sale
NotesPayableExcludingNotesPayableForRealEstateHeldForSale
1358468000 USD
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2020Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
29897000 USD
CY2021Q4 us-gaap Notes Payable
NotesPayable
1465398000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
1388365000 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
58323000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
55814000 USD
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8126000 USD
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8626000 USD
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7735000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
9187000 USD
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
3277000 USD
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
6116000 USD
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Other Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherLiabilities
0 USD
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Other Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherLiabilities
21001000 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
48780000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
70457000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
1591639000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
1559566000 USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
42369000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
46723000 USD
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
153150766 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
153150766 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
184249076 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
184249076 shares
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
1532000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1842000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1322613000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1641184000 USD
CY2021Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
703952000 USD
CY2020Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
744990000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
620193000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
898036000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2254201000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2504325000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
280144000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
282527000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
355438000 USD
CY2021 us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
0 USD
CY2020 us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
5666000 USD
CY2019 us-gaap Interest And Fee Income Loans Commercial And Residential Real Estate
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
0 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16617000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18725000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29834000 USD
CY2021 us-gaap Revenues
Revenues
296761000 USD
CY2020 us-gaap Revenues
Revenues
306918000 USD
CY2019 us-gaap Revenues
Revenues
385272000 USD
CY2021 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
68806000 USD
CY2020 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
71470000 USD
CY2019 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
92271000 USD
CY2021 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
57687000 USD
CY2020 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
57234000 USD
CY2019 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
62989000 USD
CY2021 us-gaap Affiliate Costs
AffiliateCosts
19832000 USD
CY2020 us-gaap Affiliate Costs
AffiliateCosts
20990000 USD
CY2019 us-gaap Affiliate Costs
AffiliateCosts
24614000 USD
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6116000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6600000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8418000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110984000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110806000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
141102000 USD
CY2021 us-gaap Interest Expense
InterestExpense
29301000 USD
CY2020 us-gaap Interest Expense
InterestExpense
81139000 USD
CY2019 us-gaap Interest Expense
InterestExpense
114272000 USD
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
19896000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8706000 USD
CY2021 us-gaap Costs And Expenses
CostsAndExpenses
292726000 USD
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
368135000 USD
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
452372000 USD
CY2021 kbsriii Otherincome Other
OtherincomeOther
0 USD
CY2020 kbsriii Otherincome Other
OtherincomeOther
0 USD
CY2019 kbsriii Otherincome Other
OtherincomeOther
4089000 USD
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
52000 USD
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
72000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
655000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8698000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-465000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1443000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-214000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-199000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2229000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
16765000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
CY2021 kbsriii Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
114321000 USD
CY2020 kbsriii Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
49457000 USD
CY2019 kbsriii Gain Loss On Sale Of Real Estate
GainLossOnSaleOfRealEstate
327211000 USD
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
139622000 USD
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
48865000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
328283000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
143657000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-12352000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
261183000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6145000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-28000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
143657000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18497000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
261211000 USD
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172330821 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172330821 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
182806753 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
182806753 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174874422 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174874422 shares
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
930895000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
261183000 USD
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
51704000 USD
CY2019 kbsriii Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock
4427000 USD
CY2019 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
100996000 USD
CY2019 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
0 USD
CY2019 us-gaap Dividends Common Stock
DividendsCommonStock
161887000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
16000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
985310000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-12352000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
46722000 USD
CY2020 kbsriii Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock
4981000 USD
CY2020 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
10877000 USD
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
109322000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
26000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6400000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
898036000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
143657000 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
42369000 USD
CY2021 kbsriii Adjustments To Additional Paid In Capital Transfers From Redeemable Common Stock
AdjustmentsToAdditionalPaidInCapitalTransfersFromRedeemableCommonStock
4354000 USD
CY2021 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
365587000 USD
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
102619000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
17000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
620193000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
143657000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-12352000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
261183000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110984000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110806000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
141102000 USD
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
19896000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8706000 USD
CY2021 kbsriii Noncash Interest Income On Real Estate Related Investment
NoncashInterestIncomeOnRealEstateRelatedInvestment
0 USD
CY2020 kbsriii Noncash Interest Income On Real Estate Related Investment
NoncashInterestIncomeOnRealEstateRelatedInvestment
2415000 USD
CY2019 kbsriii Noncash Interest Income On Real Estate Related Investment
NoncashInterestIncomeOnRealEstateRelatedInvestment
0 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
16765000 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
0 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
0 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8698000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-465000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1443000 USD
CY2021 kbsriii Distribution Of Operating Cash Flow From An Unconsolidated Entity
DistributionOfOperatingCashFlowFromAnUnconsolidatedEntity
19861000 USD
CY2020 kbsriii Distribution Of Operating Cash Flow From An Unconsolidated Entity
DistributionOfOperatingCashFlowFromAnUnconsolidatedEntity
19314000 USD
CY2019 kbsriii Distribution Of Operating Cash Flow From An Unconsolidated Entity
DistributionOfOperatingCashFlowFromAnUnconsolidatedEntity
0 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2550000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4564000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6224000 USD
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-2754000 USD
CY2020 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-2807000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-3515000 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3978000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4293000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5385000 USD
CY2021 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
23283000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-25165000 USD
CY2019 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-35664000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-214000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-199000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2229000 USD
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
114321000 USD
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
49457000 USD
CY2019 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
327211000 USD
CY2021 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments
InterestRateSwapSettlementsForOffMarketSwapInstruments
3031000 USD
CY2020 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments
InterestRateSwapSettlementsForOffMarketSwapInstruments
476000 USD
CY2019 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments
InterestRateSwapSettlementsForOffMarketSwapInstruments
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5005000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2698000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10600000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14361000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9015000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32947000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4141000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6696000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-933000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3513000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
9247000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-7114000 USD
CY2021 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
343000 USD
CY2020 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
0 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
0 USD
CY2021 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-500000 USD
CY2020 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1873000 USD
CY2019 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
3460000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
100799000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101730000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
70628000 USD
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
70131000 USD
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
87630000 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
79931000 USD
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
237683000 USD
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
25091000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
931489000 USD
CY2021 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
0 USD
CY2020 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-150213000 USD
CY2019 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
0 USD
CY2021 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
58936000 USD
CY2020 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
0 USD
CY2019 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
16186000 USD
CY2021 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
0 USD
CY2020 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
3277000 USD
CY2019 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
21706000 USD
CY2021 kbsriii Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
0 USD
CY2020 kbsriii Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
120000 USD
CY2019 kbsriii Origination Costs On Real Estate Loan Receivable
OriginationCostsOnRealEstateLoanReceivable
0 USD
CY2021 kbsriii Payments Of Post Closing Acquisition Costs
PaymentsOfPostClosingAcquisitionCosts
0 USD
CY2020 kbsriii Payments Of Post Closing Acquisition Costs
PaymentsOfPostClosingAcquisitionCosts
0 USD
CY2019 kbsriii Payments Of Post Closing Acquisition Costs
PaymentsOfPostClosingAcquisitionCosts
1014000 USD
CY2021 kbsriii Escrow Deposits Relatedto Tenant Improvements
EscrowDepositsRelatedtoTenantImprovements
0 USD
CY2020 kbsriii Escrow Deposits Relatedto Tenant Improvements
EscrowDepositsRelatedtoTenantImprovements
0 USD
CY2019 kbsriii Escrow Deposits Relatedto Tenant Improvements
EscrowDepositsRelatedtoTenantImprovements
972000 USD
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
867000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
226488000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
84277000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
846863000 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
806090000 USD
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
421760000 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
377589000 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
730545000 USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
491391000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1107369000 USD
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2704000 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6339000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2609000 USD
CY2021 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments Financing Activities
InterestRateSwapSettlementsForOffMarketSwapInstrumentsFinancingActivities
3017000 USD
CY2020 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments Financing Activities
InterestRateSwapSettlementsForOffMarketSwapInstrumentsFinancingActivities
231000 USD
CY2019 kbsriii Interest Rate Swap Settlements For Off Market Swap Instruments Financing Activities
InterestRateSwapSettlementsForOffMarketSwapInstrumentsFinancingActivities
0 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
365587000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10877000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100996000 USD
CY2021 kbsriii Payments Of Prepaid Other Offering Costs
PaymentsOfPrepaidOtherOfferingCosts
1180000 USD
CY2020 kbsriii Payments Of Prepaid Other Offering Costs
PaymentsOfPrepaidOtherOfferingCosts
1159000 USD
CY2019 kbsriii Payments Of Prepaid Other Offering Costs
PaymentsOfPrepaidOtherOfferingCosts
264000 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
17000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
26000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
16000 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6400000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61702000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
62805000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
110592000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-358662000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-157468000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-944257000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-31375000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
28539000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-26766000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77811000 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
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46436000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77811000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
49272000 USD
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1711000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
45586000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
51576000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
75471000 USD
CY2021 kbsriii Non Cash Shares Received In Connection With Transaction
NonCashSharesReceivedInConnectionWithTransaction
0 USD
CY2020 kbsriii Non Cash Shares Received In Connection With Transaction
NonCashSharesReceivedInConnectionWithTransaction
0 USD
CY2019 kbsriii Non Cash Shares Received In Connection With Transaction
NonCashSharesReceivedInConnectionWithTransaction
271000000 USD
CY2021 kbsriii Non Cash Increase Decrease In Distributions Payable
NonCashIncreaseDecreaseInDistributionsPayable
7735000 USD
CY2020 kbsriii Non Cash Increase Decrease In Distributions Payable
NonCashIncreaseDecreaseInDistributionsPayable
9187000 USD
CY2019 kbsriii Non Cash Increase Decrease In Distributions Payable
NonCashIncreaseDecreaseInDistributionsPayable
9392000 USD
CY2021 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
42369000 USD
CY2020 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
46722000 USD
CY2019 kbsriii Distributions Paid To Common Stockholders Through Common Stock Issuances Pursuant To Dividend Reinvestment Plan
DistributionsPaidToCommonStockholdersThroughCommonStockIssuancesPursuantToDividendReinvestmentPlan
51704000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
17985000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18589000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26310000 USD
CY2021 kbsriii Payments For Capital Improvements By Tenants
PaymentsForCapitalImprovementsByTenants
0 USD
CY2020 kbsriii Payments For Capital Improvements By Tenants
PaymentsForCapitalImprovementsByTenants
16283000 USD
CY2019 kbsriii Payments For Capital Improvements By Tenants
PaymentsForCapitalImprovementsByTenants
0 USD
CY2021 kbsriii Increasein Construction In Progress Payable
IncreaseinConstructionInProgressPayable
0 USD
CY2020 kbsriii Increasein Construction In Progress Payable
IncreaseinConstructionInProgressPayable
0 USD
CY2019 kbsriii Increasein Construction In Progress Payable
IncreaseinConstructionInProgressPayable
2144000 USD
CY2021 kbsriii Increaseinconstructioninprogressduetoaffiliate
Increaseinconstructioninprogressduetoaffiliate
0 USD
CY2020 kbsriii Increaseinconstructioninprogressduetoaffiliate
Increaseinconstructioninprogressduetoaffiliate
0 USD
CY2019 kbsriii Increaseinconstructioninprogressduetoaffiliate
Increaseinconstructioninprogressduetoaffiliate
1133000 USD
CY2021 kbsriii Accrued Prepaid Other Offering Costs
AccruedPrepaidOtherOfferingCosts
19000 USD
CY2020 kbsriii Accrued Prepaid Other Offering Costs
AccruedPrepaidOtherOfferingCosts
782000 USD
CY2019 kbsriii Accrued Prepaid Other Offering Costs
AccruedPrepaidOtherOfferingCosts
33000 USD
CY2021 kbsriii Financing Of Interest Rate Swap Liability Through Off Market Swap Instruments
FinancingOfInterestRateSwapLiabilityThroughOffMarketSwapInstruments
0 USD
CY2020 kbsriii Financing Of Interest Rate Swap Liability Through Off Market Swap Instruments
FinancingOfInterestRateSwapLiabilityThroughOffMarketSwapInstruments
8156000 USD
CY2019 kbsriii Financing Of Interest Rate Swap Liability Through Off Market Swap Instruments
FinancingOfInterestRateSwapLiabilityThroughOffMarketSwapInstruments
0 USD
CY2021 kbsriii Accrued Interest Rate Swap Settlements Related To Off Market Swap Instruments
AccruedInterestRateSwapSettlementsRelatedToOffMarketSwapInstruments
259000 USD
CY2020 kbsriii Accrued Interest Rate Swap Settlements Related To Off Market Swap Instruments
AccruedInterestRateSwapSettlementsRelatedToOffMarketSwapInstruments
245000 USD
CY2019 kbsriii Accrued Interest Rate Swap Settlements Related To Off Market Swap Instruments
AccruedInterestRateSwapSettlementsRelatedToOffMarketSwapInstruments
0 USD
CY2021 kbsriii Real Estate Equity Securities Due To Conversion From Equity Method
RealEstateEquitySecuritiesDueToConversionFromEquityMethod
163463000 USD
CY2020 kbsriii Real Estate Equity Securities Due To Conversion From Equity Method
RealEstateEquitySecuritiesDueToConversionFromEquityMethod
0 USD
CY2019 kbsriii Real Estate Equity Securities Due To Conversion From Equity Method
RealEstateEquitySecuritiesDueToConversionFromEquityMethod
0 USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
258462 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
2400000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
The preparation of the consolidated financial statements and accompanying notes thereto in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain amounts in the Company’s prior period consolidated financial statements have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods. During the year ended December 31, 2020, the Company sold a multifamily apartment complex held through a consolidated joint venture. During the year ended December 31, 2021, the Company sold two office properties. As a result, certain assets and liabilities related to these properties were reclassified to held for sale on the consolidated balance sheets for all periods presented.
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
19900000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8700000 USD
CY2021Q4 kbsriii Dividend Reinvestment Plan Purchase Price For Share As Percent Of Estimated Value
DividendReinvestmentPlanPurchasePriceForShareAsPercentOfEstimatedValue
0.95
CY2019Q1 kbsriii Dividend Reinvestment Plan Purchase Price Per Share
DividendReinvestmentPlanPurchasePricePerShare
11.42
CY2018Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
12.02
CY2019Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
11.65
CY2019Q4 kbsriii Common Stock Special Dividends Per Share Declared
CommonStockSpecialDividendsPerShareDeclared
0.80
CY2020Q1 kbsriii Dividend Reinvestment Plan Purchase Price Per Share
DividendReinvestmentPlanPurchasePricePerShare
11.07
CY2020Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.74
CY2021Q1 kbsriii Dividend Reinvestment Plan Purchase Price Per Share
DividendReinvestmentPlanPurchasePricePerShare
10.21
CY2021Q2 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.77
CY2021Q2 kbsriii Dividend Reinvestment Plan Purchase Price Per Share
DividendReinvestmentPlanPurchasePricePerShare
10.23
CY2021Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.78
CY2021Q4 kbsriii Dividend Reinvestment Plan Purchase Price Per Share
DividendReinvestmentPlanPurchasePricePerShare
10.24
CY2021 kbsriii Periodof Termination Notice
PeriodofTerminationNotice
P10D
CY2021Q2 kbsriii Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
10.34
CY2021Q3 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
26375383 shares
CY2021Q3 kbsriii Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
10.34
CY2021Q3 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
272700000 USD
CY2021 kbsriii Maximum Percentage Of Weighted Average Shares Outstanding Available For Redemption During Current Calendar Year
MaximumPercentageOfWeightedAverageSharesOutstandingAvailableForRedemptionDuringCurrentCalendarYear
0.05
CY2021Q4 kbsriii Maximum Number Of Weighted Average Shares Outstanding Available For Redemption During Current Calendar Year
MaximumNumberOfWeightedAverageSharesOutstandingAvailableForRedemptionDuringCurrentCalendarYear
500000 shares
CY2021Q4 kbsriii Share Redemption Program Share Limitation For Special Redemptions
ShareRedemptionProgramShareLimitationForSpecialRedemptions
500000 shares
CY2021 kbsriii Maximum Percentage Of Weighted Average Shares Outstanding Available For Redemption During Any Calendar Year
MaximumPercentageOfWeightedAverageSharesOutstandingAvailableForRedemptionDuringAnyCalendarYear
0.05
kbsriii Redemption Price Percentage Of Most Recent Estimated Value For Share
RedemptionPricePercentageOfMostRecentEstimatedValueForShare
0.95
kbsriii Redemption Price Percentage Of Most Recent Estimated Value For Share
RedemptionPricePercentageOfMostRecentEstimatedValueForShare
0.96
CY2018Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
12.02
CY2019Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
11.65
CY2020Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.74
CY2021Q2 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.77
CY2021Q4 kbsriii Estimated Value Per Share Of Companys Common Stock
EstimatedValuePerShareOfCompanysCommonStock
10.78
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
42400000 USD
CY2021Q4 kbsriii Origination Fee Percent
OriginationFeePercent
0.010
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.080
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2019Q4 kbsriii Common Stock Special Dividends Per Share Declared
CommonStockSpecialDividendsPerShareDeclared
0.80
CY2019Q4 kbsriii Common Stock Special Dividends Paid
CommonStockSpecialDividendsPaid
48500000 USD
CY2019Q4 kbsriii Common Stock Special Dividends Paid Percent
CommonStockSpecialDividendsPaidPercent
0.35
CY2019Q4 kbsriii Stock Issued During Period Shares Special Dividends
StockIssuedDuringPeriodSharesSpecialDividends
90000000 shares
CY2019Q4 kbsriii Stock Issued During Period Shares Special Dividends Percent
StockIssuedDuringPeriodSharesSpecialDividendsPercent
0.65
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.598
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.598
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.450
CY2019 kbsriii Common Share Distribution Rate For Share Per Month Declared
CommonShareDistributionRateForSharePerMonthDeclared
0.05416667
CY2021 kbsriii Common Share Distribution Rate For Share Per Month Declared
CommonShareDistributionRateForSharePerMonthDeclared
0.04983333
CY2020 kbsriii Common Share Distribution Rate For Share Per Month Declared
CommonShareDistributionRateForSharePerMonthDeclared
0.04983333
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 numberOfSegments
kbsriii Grants Of Rent Deferrals Covid19
GrantsOfRentDeferralsCOVID19
4200000 USD
CY2021Q4 kbsriii Grants Of Rental Abatements Covid19
GrantsOfRentalAbatementsCOVID19
2900000 USD
CY2021Q4 kbsriii Deferred Lease Concessions Covid19
DeferredLeaseConcessionsCOVID19
1400000 USD
CY2021Q4 kbsriii Reserve For Payments Not Probable To Collect Covid19
ReserveForPaymentsNotProbableToCollectCOVID19
1100000 USD
CY2021 kbsriii Reversal Of Rental Income For Abatements Granted To Tenants Covid19
ReversalOfRentalIncomeForAbatementsGrantedToTenantsCOVID19
1200000 USD
CY2020 kbsriii Reversal Of Rental Income For Abatements Granted To Tenants Covid19
ReversalOfRentalIncomeForAbatementsGrantedToTenantsCOVID19
1500000 USD
CY2021Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
7300000 sqft
CY2021Q4 kbsriii Percentage Of Real Estate Portfolio Occupied
PercentageOfRealEstatePortfolioOccupied
0.85
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
131097000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2441266000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
572968000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1868298000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2600000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4600000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6200000 USD
CY2021Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
85200000 USD
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
80700000 USD
CY2021Q4 us-gaap Incentive To Lessee
IncentiveToLessee
22800000 USD
CY2020Q4 us-gaap Incentive To Lessee
IncentiveToLessee
19100000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
199591000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
177283000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
166774000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
149594000 USD
CY2021Q4 kbsriii Annualized Base Rent
AnnualizedBaseRent
69104000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
493972000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1318311000 USD
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
19900000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8700000 USD
CY2020 kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
2924000 USD
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
15395000 USD
CY2020Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
20239000 USD
CY2021Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
12118000 USD
CY2020Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
14123000 USD
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
3277000 USD
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
6116000 USD
CY2021 kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
8175000 USD
CY2020 kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
9971000 USD
CY2019 kbsriii Tenant Origination And Absorption Costs Amortization Expense
TenantOriginationAndAbsorptionCostsAmortizationExpense
21072000 USD
CY2021 kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
101000 USD
CY2020 kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
117000 USD
CY2019 kbsriii Above Market Leases Amortization Expense
AboveMarketLeasesAmortizationExpense
955000 USD
CY2021 kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
2855000 USD
CY2019 kbsriii Off Market Lease Unfavorable Amortization Expense
OffMarketLeaseUnfavorableAmortizationExpense
4470000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
1365000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
833000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
534000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
314000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
198000 USD
CY2021Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
33000 USD
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
3277000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
16800000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1472290000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1396745000 USD
CY2021Q4 us-gaap Notes Payable
NotesPayable
1465398000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6892000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8380000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
1388365000 USD
CY2021 us-gaap Interest Expense
InterestExpense
29300000 USD
CY2020 us-gaap Interest Expense
InterestExpense
81100000 USD
CY2019 us-gaap Interest Expense
InterestExpense
114300000 USD
CY2021 kbsriii Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
-5300000 USD
CY2020 kbsriii Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
39100000 USD
CY2019 kbsriii Derivatives Increase Decrease Interest Expense
DerivativesIncreaseDecreaseInterestExpense
33100000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1700000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4000000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1013000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1100067000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
371210000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1472290000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1472290000 USD
CY2020Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1396745000 USD
CY2021 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
428000 USD
CY2020 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
338000 USD
CY2019 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
357000 USD
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.080
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
CY2021Q4 kbsriii Non Compounded Returnon Net Invested Capital
NonCompoundedReturnonNetInvestedCapital
0.08
CY2021Q4 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
0 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
293029000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1889862000 USD
CY2021Q4 kbsriii Real Estate And Accumulated Depreciation Initial Cost Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfLandAndBuildingsAndImprovements
2182891000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
258375000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
290121000 USD
CY2021Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
2151145000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2441266000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
572968000 USD
CY2021Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
2700000000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2554572000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2625002000 USD
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3573511000 USD
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
69527000 USD
CY2020 us-gaap Real Estate Improvements
RealEstateImprovements
96191000 USD
CY2019 us-gaap Real Estate Improvements
RealEstateImprovements
102921000 USD
CY2021 kbsriii Sec Schedule Iii Real Estate Constructionin Progress
SECScheduleIIIRealEstateConstructioninProgress
0 USD
CY2020 kbsriii Sec Schedule Iii Real Estate Constructionin Progress
SECScheduleIIIRealEstateConstructioninProgress
0 USD
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
100036000 USD
CY2019 kbsriii Sec Schedule Iii Real Estate Constructionin Progress
SECScheduleIIIRealEstateConstructioninProgress
19035000 USD
CY2021 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
15502000 USD
CY2020 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
18832000 USD
CY2019 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
50590000 USD
CY2021 kbsriii Sec Schedule Iii Real Estate Impairments
SECScheduleIIIRealEstateImpairments
0 USD
CY2020 kbsriii Sec Schedule Iii Real Estate Impairments
SECScheduleIIIRealEstateImpairments
19395000 USD
CY2019 kbsriii Sec Schedule Iii Real Estate Impairments
SECScheduleIIIRealEstateImpairments
8490000 USD
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
167331000 USD
CY2020 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
128394000 USD
CY2019 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
1011385000 USD
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2441266000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2554572000 USD
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2625002000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
525629000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
449381000 USD
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
536990000 USD
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
100162000 USD
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
136040000 USD
CY2021 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
15502000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
18832000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
50590000 USD
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
37195000 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
5082000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
173059000 USD
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
572968000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
525629000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
449381000 USD

Files In Submission

Name View Source Status
0001482430-22-000016-index-headers.html Edgar Link pending
0001482430-22-000016-index.html Edgar Link pending
0001482430-22-000016.txt Edgar Link pending
0001482430-22-000016-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
kbsriii-20211231.htm Edgar Link pending
kbsriii-20211231.xsd Edgar Link pending
kbsriii-20211231_cal.xml Edgar Link unprocessable
kbsriii-20211231_def.xml Edgar Link unprocessable
kbsriii-20211231_g1.jpg Edgar Link pending
kbsriii-20211231_g2.jpg Edgar Link pending
kbsriii-20211231_g3.jpg Edgar Link pending
kbsriii-20211231_htm.xml Edgar Link completed
kbsriii-20211231_lab.xml Edgar Link unprocessable
kbsriii-20211231_pre.xml Edgar Link unprocessable
kbsriiiq42021102covera.jpg Edgar Link pending
kbsriiiq42021102exnpc1a.jpg Edgar Link pending
kbsriiiq42021102exnpc2a.jpg Edgar Link pending
kbsriiiq42021102exnpc3a.jpg Edgar Link pending
kbsriiiq42021102exnpc4a.jpg Edgar Link pending
kbsriiiq42021102exnpc5a.jpg Edgar Link pending
kbsriiiq42021102exnpc6a.jpg Edgar Link pending
kbsriiiq42021102exnpc7a.jpg Edgar Link pending
kbsriiiq42021102exnpc8a.jpg Edgar Link pending
kbsriiiq42021102exnpc9a.jpg Edgar Link pending
kbsriiiq42021exhibit1010.htm Edgar Link pending
kbsriiiq42021exhibit1011.htm Edgar Link pending
kbsriiiq42021exhibit1012.htm Edgar Link pending
kbsriiiq42021exhibit1013.htm Edgar Link pending
kbsriiiq42021exhibit1014.htm Edgar Link pending
kbsriiiq42021exhibit1015.htm Edgar Link pending
kbsriiiq42021exhibit1016.htm Edgar Link pending
kbsriiiq42021exhibit1017.htm Edgar Link pending
kbsriiiq42021exhibit1018.htm Edgar Link pending
kbsriiiq42021exhibit1019.htm Edgar Link pending
kbsriiiq42021exhibit102.htm Edgar Link pending
kbsriiiq42021exhibit1020.htm Edgar Link pending
kbsriiiq42021exhibit1021.htm Edgar Link pending
kbsriiiq42021exhibit1022.htm Edgar Link pending
kbsriiiq42021exhibit103.htm Edgar Link pending
kbsriiiq42021exhibit104.htm Edgar Link pending
kbsriiiq42021exhibit105.htm Edgar Link pending
kbsriiiq42021exhibit106.htm Edgar Link pending
kbsriiiq42021exhibit107.htm Edgar Link pending
kbsriiiq42021exhibit108.htm Edgar Link pending
kbsriiiq42021exhibit109.htm Edgar Link pending
kbsriiiq42021exhibit211.htm Edgar Link pending
kbsriiiq42021exhibit231.htm Edgar Link pending
kbsriiiq42021exhibit311.htm Edgar Link pending
kbsriiiq42021exhibit312.htm Edgar Link pending
kbsriiiq42021exhibit321.htm Edgar Link pending
kbsriiiq42021exhibit322.htm Edgar Link pending
kbsriiiq42021exhibit994.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending