CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Real estate, net	$ 493,683	$ 511,606
Real estate equity securities	9,934	7,230
Total real estate and real estate-related investments, net	503,617	518,836
Cash and cash equivalents	17,500	21,063
Restricted cash	5,976	5,795
Investment in unconsolidated joint ventures	3,468	2,868
Rents and other receivables	4,648	5,612
Above-market leases, net	44	65
Prepaid expenses and other assets	8,230	8,239
Total assets	543,483	562,478
Liabilities and equity
Notes payable, net	325,995	326,543
Accounts payable and accrued liabilities	6,684	7,226
Due to affiliates	649	235
Distributions payable	242	484
Below-market leases, net	4,677	7,348
Other liabilities	12,776	13,176
Redeemable common stock payable	2,218	3,028
Total liabilities	353,241	358,040
Commitments and contingencies (Note 12)
Redeemable common stock	0	0
Equity
Preferred stock, $.01 par value per share; 10,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in capital	266,310	266,339
Cumulative distributions and net losses	(84,339)	(73,461)
Accumulated other comprehensive income	0	89
Total Pacific Oak Strategic Opportunity REIT II, Inc. stockholders’ equity	182,273	193,270
Noncontrolling interests	7,969	11,168
Total equity	190,242	204,438
Total liabilities and equity	543,483	562,478
Common Class A
Equity
Common stock	179	181
Common Class T
Equity
Common stock	$ 123	$ 122