CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Total Stockholders’ Equity	Common Stock	Additional Paid-in Capital	Cumulative Distributions in Excess of Net Income
Beginning balance (in shares) at Dec. 31, 2023			148,516,246
Beginning balance at Dec. 31, 2023		$ 267,412	$ 1,485	$ 1,313,299	$ (1,047,372)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ 37,574	37,574			37,574
Other offering costs		(2)		(2)
Ending balance (in shares) at Mar. 31, 2024			148,516,246
Ending balance at Mar. 31, 2024		304,984	$ 1,485	1,313,297	(1,009,798)
Beginning balance (in shares) at Dec. 31, 2024	148,516,246		148,516,246
Beginning balance at Dec. 31, 2024		256,559	$ 1,485	1,313,297	(1,058,223)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ (33,272)	(33,272)			(33,272)
Ending balance (in shares) at Mar. 31, 2025	148,516,246		148,516,246
Ending balance at Mar. 31, 2025		$ 223,287	$ 1,485	$ 1,313,297	$ (1,091,495)

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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+ Details

- Definition

Amount of equity (deficit) attributable to parent and noncontrolling interest. Excludes temporary equity.

+ References

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KBS Real Estate Investment Trust III, Inc. 10-Q