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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Real estate held for investment, net $ 1,109,425 $ 822,514
Real estate loan receivable, net 0 27,850
Total real estate and real estate-related investments, net 1,109,425 850,364
Cash and cash equivalents 41,596 23,058
Restricted cash 21,436 5,807
Investments in unconsolidated joint ventures 76,118 74,437
Rents and other receivables, net 28,228 24,487
Above-market leases, net 733 1,038
Prepaid expenses and other assets 28,554 25,023
Total assets 1,306,090 1,004,214
Liabilities and equity    
Notes and bonds payable, net 936,332 547,323
Accounts payable and accrued liabilities 22,768 17,543
Due to affiliate 51 59
Below-market leases, net 7,606 2,735
Other liabilities 14,596 17,905
Total liabilities 981,353 585,565
Commitments and contingencies (Note 13)
Redeemable common stock 16,639 9,859
Equity    
Preferred stock, $.01 par value; 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $.01 par value; 1,000,000,000 shares authorized, 57,050,299 and 58,696,115 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 571 587
Additional paid-in capital 455,378 504,303
Cumulative distributions and net losses (149,799) (111,527)
Total KBS Strategic Opportunity REIT, Inc. stockholders’ equity 306,150 393,363
Noncontrolling interests 1,948 15,427
Total equity 308,098 408,790
Total Liabilities and Equity $ 1,306,090 $ 1,004,214