| Quarterly Financial Information of the Company |
Quarterly Financial Information of the Company (Unaudited)
Summarized quarterly financial data for the years ended December 31, 2015 and 2014 was as follows: | | | | | | | | | | | | | | | | | | 2015 Quarter Ended (1) | | March 31, | | June 30, | | September 30, | | December 31, | | (in thousands, except per share amounts) | Revenues from continuing operations | $ | 146,082 |
| | $ | 146,227 |
| | $ | 141,553 |
| | $ | 147,413 |
| Income from continuing operations | 44,002 |
| | 58,590 |
| | 106,704 |
| | 29,308 |
| Net income | 44,002 |
| | 58,590 |
| | 106,704 |
| | 29,308 |
| Net income attributable to Kilroy Realty Corporation | 43,187 |
| | 57,500 |
| | 104,759 |
| | 28,635 |
| Preferred dividends and distributions | (3,313 | ) | | (3,312 | ) | | (3,313 | ) | | (3,312 | ) | Net income available to common stockholders | 39,874 |
| | 54,188 |
| | 101,446 |
| | 25,323 |
| Net income available to common stockholders per share – basic | 0.45 |
| | 0.61 |
| | 1.10 |
| | 0.27 |
| Net income available to common stockholders per share – diluted | 0.45 |
| | 0.61 |
| | 1.09 |
| | 0.27 |
| | | | | | | | | | 2014 Quarter Ended (1) | | March 31, | | June 30, | | September 30, | | December 31, | | (in thousands, except per share amounts) | Revenues from continuing operations | $ | 123,758 |
| | $ | 127,178 |
| | $ | 129,024 |
| | $ | 141,765 |
| Income from continuing operations | 10,874 |
| | 15,854 |
| | 13,168 |
| | 19,417 |
| Income from discontinued operations | 91,058 |
| | 15,289 |
| | 6,135 |
| | 12,013 |
| Net income | 101,932 |
| | 31,143 |
| | 19,303 |
| | 31,430 |
| Net income attributable to Kilroy Realty Corporation | 99,845 |
| | 30,540 |
| | 18,982 |
| | 30,852 |
| Preferred dividends and distributions | (3,313 | ) | | (3,312 | ) | | (3,313 | ) | | (3,312 | ) | Net income available to common stockholders | 96,532 |
| | 27,228 |
| | 15,669 |
| | 27,540 |
| Net income available to common stockholders per share – basic | 1.17 |
| | 0.33 |
| | 0.18 |
| | 0.32 |
| Net income available to common stockholders per share – diluted | 1.14 |
| | 0.32 |
| | 0.18 |
| | 0.32 |
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____________________ | | (1) | The summation of the quarterly financial data may not equal the annual number reported on the consolidated statements of operations due to rounding. The summation of the quarterly net income (loss) available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to the Company's public offerings of common stock and its at-the-market stock offering programs that occurred during the years ended December 31, 2015 and 2014. |
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