ROXs 12 (2MASS J16262803-2526477) is a young star hosting a directly imaged companion near the deuteriumburning limit. We present a suite of spectroscopic, imaging, and time-series observations to characterize the physical and environmental properties of this system. Moderate-resolution near-infrared spectroscopy of ROXs12B from Gemini-North/NIFS and Keck/OSIRIS reveals signatures of low surface gravity including weak alkali absorption lines and a triangular H-band pseudocontinuum shape. No signs of Paβ emission are evident. As a population, however, we find that about half (46%±14%) of young (15 Myr) companions with masses 20M Jup possess actively accreting subdisks detected via Paβ line emission, which represents a lower limit on the prevalence of circumplanetary disks in general, as some are expected to be in a quiescent phase of accretion. The bolometric luminosity of the companion and age of the host star (6 2 4 -+ Myr) imply a mass of 17.5±1.5 M Jup for ROXs 12 B based on hot-start evolutionary models. We identify a wide (5100 au) tertiary companion to this system, 2MASS J16262774-2527247, that is heavily accreting and exhibits stochastic variability in its K2 light curve. By combining v sin i * measurements with rotation periods from K2, we constrain the line-of-sight inclinations of ROXs 12 A and 2MASS J16262774-2527247 and find that they are misaligned by 60 11 7 -+ . In addition, the orbital axis of ROXs12B is likely misaligned from the spin axis of its host star, ROXs12A, suggesting that ROXs 12 B formed akin to fragmenting binary stars or in an equatorial disk that was torqued by the wide stellar tertiary.