2020-06-12T08:31:19-05:00 2019-06-30 KPMG LLP 150 W JEFFERSON AVE SUITE 1900 DETROIT MI 482264429 990 2018-07-01 911656953 KNICKERBOCKER PROPERTIES INC XII C/O BENTALLGREENOAK (US) LP % BENTALLGREENOAK (US) LP KNIC 2066234739 1201 Third Avenue Suite 3000 SEATTLE WA 98101 JAMIE MCCUE PRINCIPAL 2020-06-09 true Nicole A Fitzmaurice P10491005 3132303340 2020-05-15 199.207.253.101 13407320201645000014 2020-06-12 P AAE0097B1BC93C87019AE0794913F3C1E354ED8C C9289AF16A46E231DE39A9E3DD952361A8360F39 2018 2020-09-23 17:36:50Z PAUL BONEHAM 1201 THIRD AVENUE SUITE 3000 SEATTLE WA 98101 7506363 false X N/A X 1994 DE PENSION BENEFIT ORGANIZATION 3 0 0 3 0 0 0 0 0 0 4480 2625 5890871 6232011 5895351 6234636 0 0 0 0 0 0 0 0 0 0 0 0 0 5895351 6234636 104966937 115286792 578434 587849 104388503 114698943 PENSION BENEFIT ORGANIZATION false false 0 0 0 N/A 0 false false false false false false false false false true false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 3 0 true false false false true true true true true false false false true true true false true false false false CA DE X X BENTALLGREENOAK US LP 2066234739 1201 THIRD AVENUE SUITE 3000 SEATTLE WA 98101 X THOMAS K LEE DIRECTOR 1.0 4.0 X 0 0 0 JOSEPH INDELICATO JR DIRECTOR 1.0 4.0 X 0 0 0 DAVID C GILLAN DIRECTOR 1.0 4.0 X 0 0 0 PAUL BONEHAM PRESIDENT 1.0 4.0 X 0 0 0 MATTHEW CHARLES SARGENT VICE PRESIDENT (END 8/5/19) 1.0 3.0 X 0 0 0 SCOTT MATTHEWS VICE PRESIDENT 1.0 4.0 X 0 0 0 STEPHEN T LUECK VICE PRESIDENT (AS OF 8/5/19) 1.0 4.0 X 0 0 0 WES AHRENS VICE PRESIDENT (END 8/5/19) 1.0 4.0 X 0 0 0 SCOTT GANNON VICE PRESIDENT 1.0 4.0 X 0 0 0 RICHARD J CROFTS VICE PRESIDENT (END 8/5/19) 1.0 4.0 X 0 0 0 MARK A BRODY SECRETARY 1.0 4.0 X 0 0 0 JEFFREY D SILVERSTEIN ASSISTANT SECRETARY 1.0 4.0 X 0 0 0 JAMIE MCCUE TREASURER (AS OF 8/5/19) 1.0 3.0 X 0 0 0 MICHAEL WAITE TREASURER (END 8/5/19) 1.0 4.0 X 0 0 0 0 0 0 0 false false false NONE 0 0 0 0 2625 2625 0 0 7503738 1271727 6232011 0 6232011 6232011 0 0 0 0 0 0 0 0 0 0 0 6234636 6232011 2625 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 469793 1223912 0 0 0 0 32456 34728 0 0 0 0 0 0 0 0 14688 28152 114000000 104450000 114000000 0 0 0 0 0 0 0 0 0 0 104966937 115286792 144676 174073 0 0 264695 244713 0 0 0 0 0 0 0 0 0 0 169063 169063 578434 587849 X 500 500 72862324 72862324 31525679 41836119 104388503 114698943 104966937 115286792 X 6234636 9034009 -4958205 X false true X true false 9458093 9458093 104541907 104541907 114000000 0 SECURITY DEPOSITS PAYABLE 169063 169063 X 16540372 9034009 1271727 10305736 6234636 6234636 1271727 1271727 1271727 SCHEDULE D, PART XI - RECONCILIATION OF REVENUE RENTAL EXPENSES $ 1,271,727 SCHEDULE D, PART XII - RECONCILIATION OF EXPENSES RENTAL EXPENSES $ 1,271,727 Schedule D, Part X OTHER LIABILITIES The Companies are recognized as 501(c)(2) and 501(c)(25) corporations under the Internal Revenue Code and as such are qualified to be exempt from income taxes under 501(a) of the Code. Accordingly, there is no provision for federal, state, or local income taxes. The Advisory Account follows the authoritative guidance for uncertainty in income taxes. This guidance requires the Advisory Account to recognize a tax benefit from an uncertain position only if it is more likely than not that the position is sustainable, based solely on its technical merits and consideration of the relevant taxing authorities widely understood administrative practices and precedents. If this threshold is met, the Advisory Account should measure the tax benefit as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. No accrual was deemed necessary at June 30, 2019. The Companies are subject to filing requirements in the U.S. and various state jurisdictions. The U.S. federal and state corporate tax returns have open statutes of limitations for the 2016 and subsequent tax years as of June 30, 2019. FORM 990, PART VI, LINE 2 DIRECTORS THOMAS K. LEE, JOSEPH INDELICATO JR., AND DAVID C. GILLAN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINES 6, 7A AND 7B THE ORGANIZATION'S GOVERNING BODY IS COMPRISED OF OFFICERS AND DIRECTORS. THE DIRECTORS WERE ELECTED UNDER THE BY-LAWS OF THE ORGANIZATION. ALL OFFICERS ARE APPOINTED BY THE ORGANIZATION'S DIRECTORS. ALL OFFICERS AND DIRECTORS ACT TO CARRY OUT THE BUSINESS OF THE ORGANIZATION. SUBJECT TO THE BY-LAWS, THE SOLE MEMBER, NYS TEACHERS' RETIREMENT SYSTEM (NYSTRS), MAY VETO OR CONFIRM DECISIONS MADE BY THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, LINE 11A THE OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE TO REVIEW THE FORM 990 PRIOR TO FILING. THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM RECEIVES A COPY OF THE FILED FORM 990. FORM 990, PART VI, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS THE SOLE RESPONSIBILITY OF NYSTRS. THE NYSTRS CODE OF ETHICS REQUIRES THAT EMPLOYEES REVIEW AND SIGN AN ANNUAL DISCLOSURE STATEMENT WITH HUMAN RESOURCES BY JANUARY 10 OF EACH YEAR. ANY POTENTIAL CONFLICTS OF INTEREST, INCLUDING ELECTED POSITIONS, BUSINESS HOLDINGS, INVESTMENT INTERESTS, ETC. OF EMPLOYEES OR THEIR SPOUSE, DEPENDENT, OR MEMBER OF HOUSEHOLD MUST BE DISCLOSED. FORM 990, PART VI, LINE 15 THE ORGANIZATION IS AN IRC 501(C)(25) ENTITY HOLDING TITLE TO RENTAL REAL PROPERTY AND REMITTING THE NET INCOME TO THE NEW YORK STATE TEACHERS' RETIREMENT SYSTEM, AN IRC 401(A) ORGANIZATION. ADDITIONALLY, THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES THEREFORE THERE ARE NO PROCESSES RELATED TO EMPLOYEE COMPENSATION. FORM 990, PART VI, LINE 18 AND 19 THE PENSION BENEFIT ORGANIZATION MAKES THE DOCUMENTS REFERENCED IN QUESTIONS 18 AND 19 AVAILABLE UPON REQUEST TO THE PUBLIC. THE FORM 990 IS ALSO AVAILABLE TO THE GENERAL PUBLIC AT WWW.GUIDESTAR.COM. FORM 990, PART VII, SECTION A NYS TEACHERS RETIREMENT SYSTEM (NYSTRS) IS A SECTION 401(A) TRUST THAT IS RELATED TO KNICKERBOCKER PROPERTIES, INC. XII (XII), AND XII'S THREE DIRECTORS ARE EMPLOYED BY NYSTRS. THE ORGANIZATION'S THREE DIRECTORS ARE THOMAS LEE, EXECUTIVE DIRECTOR AND CIO OF NYSTRS; DAVID C GILLAN, MANAGING DIRECTOR OF REAL ESTATE AT NYSTRS; AND JOSEPH INDELICATO JR., NYSTRS GENERAL COUNSEL. AS PART OF THE ANNUAL TAX COMPLIANCE PROCESS, XII ASKED NYSTRS FOR THE COMPENSATION INFORMATION FOR THESE THREE INDIVIDUALS WHO ARE EMPLOYED BY THE NYSTRS. XII MADE REASONABLE EFFORTS TO OBTAIN COMPENSATION INFORMATION AND REQUESTS WERE MADE BOTH IN WRITING AND VIA PHONE CALLS. XII WAS UNABLE TO OBTAIN THE COMPENSATION INFORMATION FROM NYSTRS AND IS UNABLE TO PROVIDE A REASONABLE ESTIMATE OF THIS INFORMATION. FORM 990, PART XI - RECONCILIATION OF NET ASSETS, LINE 9 CONTRIBUTIONS TO NYSTRS $ 189,795 DISTRIBUTIONS TO NYSTRS $ 5,148,000 TOTAL $(4,958,205) NYS TEACHERS' RETIREMENT SYSTEM 10 CORPORATE WOODS DRIVE ALBANY NY 12211 146000735 PENSION ADMIN NY 401(A) N/A NA 25100 GLOBE LLC 1201 Third Avenue Suite 3000 SEATTLE WA 98101 273441977 PENSION ORG DE 501(C)(25) N/A NYSTRS true KNICKERBOCKER PROPERTIES INC XXVII 1201 Third Avenue Suite 3000 SEATTLE WA 98101 911730331 PENSION ORG DE 501(C)(2) N/A NYSTRS true KNICKERBOCKER TREMONT LLC 1201 THIRD AVENUE SUITE 3000 SEATTLE WA 98101 320574655 PENSION ORG DE 501(C)(25) N/A NYSTRS true false false false false false false false false false false false false false false false false true true NEW YORK STATE TEACHERS' RETIREMENT SYSTEM R 5148000 CASH DISTRIB. NEW YORK STATE TEACHERS' RETIREMENT SYSTEM S 189795 CASH CONTRIB.