KBS REAL ESTATE INVESTMENT TRUST, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
800 NEWPORT CENTER DRIVE NEWPORT BEACH, CA 92660 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 173,437 | 46,605 | 58,675 | 211,391 | 254,578 | |||
| Cash and cash equivalent | 173,437 | 46,605 | 58,675 | 211,391 | 254,578 | |||
| Total current assets: | 173,437 | 46,605 | 58,675 | 211,391 | 254,578 | |||
| Noncurrent Assets | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 72,985 | 236,034 | 284,079 | 303,030 | 329,070 | |||
| Deferred costs | 4,600 | 6,200 | 8,000 | 9,500 | 7,800 | |||
| Total noncurrent assets: | 77,585 | 242,234 | 292,079 | 312,530 | 336,870 | |||
| Other undisclosed assets | 390,905 | 766,026 | 1,025,413 | 1,220,976 | 1,712,107 | |||
| TOTAL ASSETS: | 641,927 | 1,054,865 | 1,376,167 | 1,744,897 | 2,303,555 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 3,937 | 25,863 | 40,854 | 53,978 | 69,277 | |||
| Off-market lease, unfavorable | 3,937 | 25,863 | 40,854 | 53,978 | 69,277 | |||
| Total noncurrent liabilities: | 3,937 | 25,863 | 40,854 | 53,978 | 69,277 | |||
| Other undisclosed liabilities | 41,558 | 499,339 | 722,540 | 1,035,026 | 1,452,863 | |||
| Total liabilities: | 45,495 | 525,202 | 763,394 | 1,089,004 | 1,522,140 | |||
| Temporary equity, including noncontrolling interest | 10,000 | 10,000 | 10,000 | 10,000 | ||||
| Equity | ||||||||
| Equity, attributable to parent, including: | 596,432 | 519,663 | 602,773 | 645,893 | 771,415 | |||
| Common stock | 1,850 | 1,864 | 1,879 | 1,896 | 1,911 | |||
| Additional paid in capital | 1,660,588 | 1,656,137 | 1,662,483 | 1,670,356 | 1,677,725 | |||
| Accumulated other comprehensive income | 4,552 | 1,180 | ||||||
| Other undisclosed equity, attributable to parent | (1,066,006) | (1,138,338) | (1,061,589) | (1,030,911) | (909,401) | |||
| Total equity: | 596,432 | 519,663 | 602,773 | 645,893 | 771,415 | |||
| TOTAL LIABILITIES AND EQUITY: | 641,927 | 1,054,865 | 1,376,167 | 1,744,897 | 2,303,555 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 129,334 | 188,220 | 212,465 | 218,108 | 233,583 | ||
| Revenue, net | 126,489 | 185,131 | 207,988 | 214,850 | 229,705 | ||
| Cost of revenue | (122,874) | (199,763) | (240,332) | (270,048) | (296,002) | ||
| Cost of product and service sold | (60,410) | (84,581) | (94,263) | (96,313) | (96,505) | ||
| Gross profit: | 6,460 | (11,543) | (27,867) | (51,940) | (62,419) | ||
| Operating expenses | (49,699) | (81,605) | (29,588) | (50,591) | (44,247) | ||
| Other undisclosed operating income | 112,466 | 133,672 | 144,750 | ||||
| Operating income (loss): | (43,239) | (93,148) | 55,011 | 31,141 | 38,084 | ||
| Nonoperating income | 929 | 1,394 | 8,811 | 3,389 | 54 | ||
| Investment income, nonoperating | 746 | 605 | 8,408 | 658 | 54 | ||
| Other nonoperating income | 183 | 789 | 403 | 2,731 | |||
| Interest and debt expense | (36,879) | (52,035) | (24,595) | (61,666) | (48,252) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (79,189) | (143,789) | 39,227 | (27,136) | (10,114) | ||
| Income from equity method investments | 750 | ||||||
| Income (loss) from continuing operations before income taxes: | (79,189) | (143,789) | 39,227 | (27,136) | (9,364) | ||
| Other undisclosed income (loss) from continuing operations | 170,000 | 132,014 | (66,616) | (61,158) | (70,915) | ||
| Income (loss) from continuing operations: | 90,811 | (11,775) | (27,389) | (88,294) | (80,279) | ||
| Income (loss) before gain (loss) on sale of properties: | 90,893 | (11,387) | (21,266) | (46,495) | (43,142) | ||
| Income from discontinued operations | 82 | 388 | 6,123 | 41,799 | 37,137 | ||
| Net income (loss) available to common stockholders, diluted: | 90,893 | (11,387) | (21,266) | (46,495) | (43,142) | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 90,893 | (11,387) | (21,266) | (46,495) | (43,142) | ||
| Other comprehensive income (loss) | (4,552) | 3,372 | (22,598) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 90,893 | (11,387) | (25,818) | (43,123) | (65,740) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.