PCOK · As filed with the SEC
Pacific Oak Strategic Opportunity REIT balance sheet, by fiscal year
The statement as Pacific Oak Strategic Opportunity REIT presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 | FY2017 Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Real estate held for investment, net | — | — | — | — | 1,413,023 | 759,479 | — | — |
| Total real estate, net | 881,991 | 1,094,754 | 1,219,404 | 1,214,799 | — | — | 649,868 | 532,867 |
| Real estate held for sale, net | 2,088 | 0 | 0 | 0 | — | 0 | 31,252 | 0 |
| Real estate equity securities | — | — | — | — | — | — | 73,876 | 90,063 |
| Real estate equity securities | 13,154 | 41,609 | 60,153 | 112,096 | 97,903 | 81,439 | — | — |
| Real estate debt securities, net | — | — | — | — | — | 0 | 10,859 | 17,751 |
| Total real estate and real estate-related investments, net | — | — | — | — | — | — | 765,855 | 640,681 |
| Total real estate and real estate-related investments, net | 897,233 | 1,136,363 | 1,279,557 | 1,326,895 | 1,510,926 | 840,918 | — | — |
| Cash and cash equivalents | 56,000 | 99,160 | 97,931 | 84,172 | 60,335 | 76,492 | 152,385 | 366,512 |
| Restricted cash | — | — | 61,113 | 21,259 | 13,984 | 12,002 | 10,342 | 10,670 |
| Restricted cash | 42,376 | 56,049 | — | — | — | — | — | — |
| Investments in unconsolidated entities | 88,087 | 45,901 | 70,842 | 88,256 | 79,666 | 78,276 | 44,869 | 55,577 |
| Rents and other receivables, net | 22,084 | 22,500 | 21,518 | 21,795 | 25,911 | 16,593 | 12,292 | 9,821 |
| Above-market leases, net | — | — | — | — | — | — | 3,377 | 131 |
| Above-market leases, net | — | — | — | 2,642 | 3,157 | 2,973 | — | — |
| Due from affiliate | — | — | 0 | 7,039 | — | — | — | — |
| Prepaid expenses and other assets | 19,176 | 27,222 | 22,848 | 19,027 | 21,344 | 13,988 | 13,123 | 18,182 |
| Assets related to real estate held for sale, net | — | — | — | — | — | — | 2,746 | 0 |
| Assets related to real estate held for sale, net | — | — | — | — | — | 0 | — | — |
| Goodwill | — | 948 | 5,436 | 13,534 | 16,342 | — | — | — |
| Assets related to real estate held for sale, net | — | — | 0 | 0 | — | — | — | — |
| Assets related to real estate held for sale, net | 0 | — | — | — | — | — | — | — |
| Total assets | 1,124,956 | 1,388,143 | 1,559,245 | 1,584,619 | 1,731,665 | 1,041,242 | 1,004,989 | 1,101,574 |
| Liabilities and equity | ||||||||
| Notes and bonds payable related to real estate held for investment, net | — | — | — | — | — | — | 632,627 | 603,043 |
| Notes payable related to real estate held for sale, net | — | — | — | — | — | — | — | 0 |
| Notes payable related to real estate held for sale, net | — | — | — | — | — | — | 22,845 | — |
| Total notes and bonds payable, net | — | — | — | — | — | — | 655,472 | 603,043 |
| Notes and bonds payable, net | — | — | — | — | — | 673,663 | — | — |
| Notes payable related to real estate held for sale, net | — | — | — | — | — | 0 | — | — |
| Notes and bonds payable related to real estate held for investment, net | 864,251 | 1,028,683 | 1,044,709 | 998,949 | — | — | — | — |
| Notes payable related to real estate held for sale, net | 1,041 | 0 | 0 | 0 | — | — | — | — |
| Notes and bonds payable, net | — | — | 1,044,709 | 998,949 | 1,099,068 | 673,663 | — | — |
| Notes and bonds payable, net | 865,292 | 1,028,683 | — | — | — | — | — | — |
| Accounts payable and accrued liabilities | 31,233 | 30,409 | 25,231 | 23,852 | 24,169 | 21,329 | 19,506 | 16,686 |
| Due to affiliates | — | — | 2,799 | 1,903 | 2,842 | 1,635 | 36 | 26 |
| Below-market leases, net | — | — | — | 4,080 | 6,462 | 3,180 | 5,005 | 2,843 |
| Liabilities related to real estate held for sale, net | — | — | — | — | — | — | 0 | 0 |
| Liabilities related to real estate held for sale, net | — | — | — | — | — | 0 | — | — |
| Payable as of | — | — | 66,967 | 43,513 | 34,738 | 19,801 | 21,006 | 16,966 |
| Redeemable common stock payable | — | — | — | — | — | — | 10,000 | 8,595 |
| Due to affiliate | 12,660 | 7,902 | — | — | — | — | — | — |
| Other liabilities | 59,968 | 55,571 | — | — | — | — | — | — |
| Redeemable common stock payable | — | 2,214 | 2,638 | 684 | 864 | 829 | — | — |
| Restricted stock payable | — | — | 508 | 508 | 14,600 | 16,320 | — | — |
| Dividends payable | — | — | 0 | 11,016 | — | — | 0 | 187,914 |
| Liabilities related to real estate held for sale, net | — | — | 0 | 0 | — | — | — | — |
| Total liabilities | 969,153 | 1,124,779 | 1,142,852 | 1,084,505 | 1,182,743 | 736,757 | 711,025 | 836,073 |
| Restricted stock | — | — | — | — | — | 12,089 | — | — |
| Restricted stock | — | — | — | 0 | 11,009 | — | — | — |
| Noncontrolling cumulative convertible redeemable preferred stock | — | — | 0 | 15,233 | 15,233 | 15,008 | 0 | 4,518 |
| Redeemable noncontrolling interest | — | — | 0 | 2,822 | 2,968 | — | — | — |
| Equity | ||||||||
| Preferred stock, $.01 par value; 10,000,000 shares authorized, no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock, $.01 par value; 1,000,000,000 shares authorized, 102,951,395 and 103,310,648 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 1,030 | 1,033 | 1,039 | 941 | 979 | 659 | 668 | 521 |
| Additional paid-in capital | 898,682 | 901,049 | 907,044 | 818,440 | 831,295 | 553,170 | 547,770 | 388,800 |
| Accumulated other comprehensive income | — | — | — | — | — | — | 0 | 25,146 |
| Cumulative distributions and net loss | (740,770) | (639,933) | (495,782) | (347,691) | (325,720) | (277,196) | (256,984) | (155,454) |
| Total stockholders’ equity | 158,942 | 262,149 | 412,301 | 471,690 | 506,554 | 276,633 | 291,454 | 259,013 |
| Noncontrolling interests | (3,139) | 1,215 | 4,092 | 10,369 | 13,158 | 755 | 2,510 | 1,970 |
| Total equity | 155,803 | 263,364 | 416,393 | 482,059 | 519,712 | 277,388 | 293,964 | 260,983 |
| Total liabilities and equity | 1,124,956 | 1,388,143 | 1,559,245 | 1,584,619 | 1,731,665 | 1,041,242 | 1,004,989 | 1,101,574 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.