- DefinitionRepresents the net amount of tenant origination and absorption costs. Origination costs include estimates of costs avoided associated with leasing the property, including tenant allowance and improvements and leasing commissions. Absorption costs relate to the value of opportunity costs calculated using the contractual amounts paid pursuant to in-place leases over market absorption period for a similar lease.
+ References
+ Details
| Name: |
kbsriii_TenantOriginationAndAbsorptionCostsGross |
| Namespace Prefix: |
kbsriii_ |
| Data Type: |
xbrli:monetaryItemType |
| Balance Type: |
debit |
| Period Type: |
instant |