PCOK · As filed with the SEC

Pacific Oak Strategic Opportunity REIT income statement, by quarter

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 STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q3 2025 3 months ended Sep 30, 2025	Q2 2025 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024	Q2 2024^† 3 months ended Jun 30, 2024	Q1 2024 3 months ended Mar 31, 2024	Q4 2023^† 3 months ended Dec 31, 2023
Revenues:
Rental income	26,556	28,772	28,245	28,450^†	30,223	30,612	31,210	31,967^†
Hotel Property	1,000	1,737	2,885	2,836^†	1,186	2,235	2,804	2,480^†
Other operating income	938	960	975	992^†	1,028	959	909	1,016^†
Hotel Property	1,000	1,737	2,885	2,836^†	1,186	2,235	2,804	2,480^†
Dividend income from real estate equity securities	—	—	—	—	0	3	78	85^†
Total revenues	28,494	31,469	32,105	32,278^†	32,437	33,809	35,001	35,548^†
Expenses:
Operating, maintenance, and management	11,277	11,591	12,020	12,090^†	11,791	11,183	10,903	11,322^†
Real estate taxes and insurance	4,564	5,420	5,481	4,761^†	5,618	6,556	6,477	9,759^†
Hotel expenses	1,245	1,637	1,737	1,858^†	1,363	1,784	1,867	1,669^†
Asset management fees to affiliate	2,298	2,739	2,657	3,676^†	3,901	3,872	4,102	4,035^†
General and administrative expenses	2,315	3,361	2,849	1,557^†	2,314	4,541	3,252	2,300^†
Foreign currency transaction loss (gain), net	5,906	30,141	(5,984)	9,880^†	4,556	(7,368)	(3,913)	14,037^†
Depreciation and amortization	7,694	10,366	9,683	9,664^†	10,276	10,380	10,749	11,312^†
Interest expense, net	—	—	—	—	—	—	16,773	18,469^†
Interest expense, net	19,815	17,151	16,143	16,526^†	20,585	18,008	—	18,469^†
Impairment charges on real estate and related intangibles	76,797	51,979	0	0^†	15,800	21,026	39,265	0^†
Impairment charges on goodwill	949	—	—	0^†	—	—	—	4,488^†
Total expenses	132,860	134,385	44,586	60,012^†	76,204	69,982	89,475	77,391^†
Other (loss) income:
Loss from unconsolidated entities, net	(8,558)	(6,769)	(7,497)	—	(9,801)	(8,653)	(8,077)	—
Other interest income	—	—	—	—	379	283	455	1,052^†
Other income	252	234	842	—	379^†	283^†	—	—
Gain (loss) on real estate equity securities, net	642	962	0	(4,171)^†	8,726	(1,282)	(15,350)	14,855^†
Loss on sale of real estate, net	(7,636)	1,080	164	119,642^†	(1,243)	167	452	49,558^†
Total other loss, net	—	—	—	—	(1,939)	(9,485)	(22,520)	38,074^†
Loss on extinguishment of debt, net	(1,045)	—	—	(6,033)^†	—	—	—	0^†
Total other loss, net	(16,345)	(4,493)	(6,491)	101,220^†	(1,938)^†	(9,485)^†	—	—
Net loss before income taxes	(120,711)	(107,409)	(18,972)	73,486^†	(45,706)	(45,658)	(76,994)	(3,769)^†
Income tax benefit	830	0	(890)	(10,000)^†	0	0	0	(2,914)^†
Net loss	(119,881)	(107,409)	(19,862)	63,486^†	(45,706)	(45,658)	(76,994)	(6,683)^†
Net loss attributable to noncontrolling interests	2,165	775	63	96^†	1,981	1,437	521	(180)^†
Preferred stock dividends	—	—	—	—	—	—	—	0^†
Net loss attributable to common stockholders	(117,716)	(106,634)	(19,799)	63,582^†	(43,725)	(44,221)	(76,473)	(6,863)^†
Net loss per common share, basic (in dollars per share)	(1.14)	(1.04)	(0.19)	—	(0.42)	(0.43)	(0.74)	—
Net loss per common share, diluted (in dollars per share)	(1.14)	(1.04)	(0.19)	—	(0.42)	(0.43)	(0.74)	—
Weighted-average number of common shares outstanding, basic (in shares)	102,951,395	102,951,395	102,951,395	—	102,969,498	103,134,992	103,283,507	—
Weighted-average number of common shares outstanding, diluted (in shares)	102,951,395	102,951,395	102,951,395	—	102,969,498	103,134,992	103,283,507	—

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.