Company: KBSR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001482430-25-000054
Chunk: 2

Company: KBS Real Estate Investment Trust III, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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8,547 16,620 6,173 (7,403)Gain from extinguishment of debt— — — 56,372 Gain on sale of real estate, net77,401 — 77,401 14,781 Other interest income129 309 465 991 Total other income, net86,077 16,929 84,039 64,741 Net loss$(4,154)$(38,544)$(59,875)$(29,589)Net loss per common share, basic and diluted$(0.03)$(0.26)$(0.40)$(0.20)Weighted-average number of common shares outstanding, basic and diluted148,516,246 148,516,246 148,516,246 148,516,246 

See accompanying condensed notes to consolidated financial statements.

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Table of ContentsPART I. FINANCIAL INFORMATION (CONTINUED)Item 1.  Financial Statements (continued)

KBS REAL ESTATE INVESTMENT TRUST III, INC.

CONSOLIDATED STATEMENTS OF EQUITY

For the Three Months Ended September 30, 2025 and 2024 (unaudited)

(dollars in thousands)

 Common StockAdditional Paid-in CapitalCumulative Distributions in Excess of Net IncomeTotal Stockholders’ Equity SharesAmountsBalance, June 30, 2025148,516,246 $1,485 $1,313,297 $(1,113,944)$200,838 Net loss— — — (4,154)(4,154)Balance, September 30, 2025148,516,246 $1,485 $1,313,297 $(1,118,098)$196,684 

 Common StockAdditional Paid-in CapitalCumulative Distributions in Excess of Net IncomeTotal Stockholders’ Equity SharesAmountsBalance, June 30, 2024148,516,246 $1,485 $1,313,297 $(1,038,417)$276,365 Net loss— — — (38,544)(38,544)Balance, September 30, 2024148,516,246 $1,485 $1,313,297 $(1,076,961)$237,821 

See accompanying condensed notes to consolidated financial statements.

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