v3.3.1.900
Acquisitions (Details)
$ in Thousands
 12 Months Ended
Dec. 19, 2014
Oct. 23, 2014
Dec. 31, 2015
USD ($)
ft²
building
Dec. 31, 2014
USD ($)
ft²
building
property
Jun. 30, 2014
USD ($)
Jan. 31, 2014
ft²
Dec. 31, 2013
ft²
Business Acquisition [Line Items]              
Number of buildings     2 5      
Net Rentable Area | ft²     1,046,394 1,471,319   79,000 200,306
Liabilities              
Accounts Payable     $ 246,323 $ 225,830      
Dexter Project [Member] [Member]              
Business Acquisition [Line Items]              
Accrued Liabilities and Acquisition Costs     2,400        
Liabilities              
Payments to Acquire Land [1],[2]     49,500        
Hooper Project [Member] [Member] [Domain]              
Business Acquisition [Line Items]              
Accrued Liabilities and Acquisition Costs     4,100        
Liabilities              
Payments to Acquire Land [2],[3]     78,000        
2015 Total Acquisitions [Member]              
Liabilities              
Payments to Acquire Land [2]     127,500        
The Exchange on 16th [Member]              
Business Acquisition [Line Items]              
Date of Acquisition [4]       May 23, 2014      
The Exchange on 16 [Member]              
Liabilities              
Payments to Acquire Land [2],[4]     95,000        
Bohannon Drive Menlo Park, CA [Member]              
Business Acquisition [Line Items]              
Date of Acquisition [5] Dec. 19, 2014 Oct. 23, 2014          
Liabilities              
Payments to Acquire Land [2],[5]     $ 71,000        
Bohannon Drive Menlo Park, CA [Member]              
Business Acquisition [Line Items]              
Date of Acquisition [3]     Jul. 07, 2015        
Kilroy Mission Bay [Member]              
Liabilities              
Accounts Payable         $ 2,300    
SFFGA [Member]              
Liabilities              
Accounts Payable       $ 13,400      
Office Properties Acquisitions [Member]              
Business Acquisition [Line Items]              
Number of buildings | building       5      
Net Rentable Area | ft² [6]       407,587      
Purchase Price [6],[7]       $ 206,600      
Assets              
Land and improvements [8]       81,430      
Buildings and improvements [8],[9]       114,876      
Deferred leasing costs and acquisition-related intangible assets [8],[10]       17,259      
Total assets [8]       213,565      
Liabilities              
Deferred revenue and acquisition-related intangible liabilities [8],[11]       6,990      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable [8]       2,029      
Total liabilities assumed [8]       9,019      
Net assets and liabilities acquired [8],[12]       $ 204,546      
320 & 321 Westlake Terry, Seattle WA [Member]              
Business Acquisition [Line Items]              
Date of Acquisition       Mar. 13, 2014      
Number of buildings | building       1      
Net Rentable Area | ft²       140,605      
Occupancy as of December 31, 2013     100.00%        
Purchase Price [7]       $ 106,100      
12780 and 12790 El Camino Real, Sandiego, CA [Member]              
Business Acquisition [Line Items]              
Number of buildings | building [13]       4      
Net Rentable Area | ft² [13]       266,982      
Occupancy as of December 31, 2013     100.00%        
Purchase Price [7],[13]       $ 100,500      
4100 - 4700 Bohannon Dr, Menlo Park, CA [Member]              
Business Acquisition [Line Items]              
Date of Acquisition [1]     Feb. 13, 2015        
701 and 801 N. 34th St, Seattle, WA [Member]              
Business Acquisition [Line Items]              
Date of Acquisition [13]       Nov. 05, 2014      
Total 2014 Acquisitions [Member]              
Liabilities              
Payments to Acquire Land [2]     $ 166,000        
Purchase Price Of Business Combination [Member] | Assets, Total [Member] | Office Properties Acquisitions [Member]              
Business Acquisition [Line Items]              
Purchase price of aggregated acquisitions as percentage of Company's assets (percentage       10.00%      
Purchase Price Of Business Combination [Member] | Assets, Total [Member] | 320 & 321 Westlake Terry, Seattle WA [Member]              
Business Acquisition [Line Items]              
Purchase price of individual acquisition as percentage of Company's assets (percentage)       5.00%      
[1] Acquisition comprised of four adjacent parcels in the South Lake Union submarket of Seattle, Washington located at 330 Dexter Avenue North, 333 Dexter Avenue North, 401 Dexter Avenue North, and 400 Aurora Avenue North. In connection with this acquisition, we also assumed $2.4 million in accrued liabilities and acquisition costs that are not included in the purchase price above.
[2] See Note 16 “Commitments and Contingencies” for additional information on certain accrued liabilities for these acquisitions.
[3] In connection with this acquisition, we assumed $4.1 million in accrued liabilities and acquisition costs that are not included in the purchase price above.
[4] In connection with this acquisition, we assumed $2.3 million in accrued liabilities that are not included in the purchase price above.
[5] In the fourth quarter of 2014, the Company closed on two adjacent land sites for a total purchase price of $71.0 million and approximately $13.4 million in transaction costs and accrued liabilities, net. The acquisitions, which were completed through the execution of two merger transactions, were partially funded through the issuance of 351,476 shares of the Company’s common stock valued at approximately $21.6 million and the remainder was paid in cash.
[6] The results of operations for the properties acquired during 2014 contributed $7.7 million and $2.8 million to revenues and net income from continuing operations, respectively, for the year ended December 31, 2014.
[7] Excludes acquisition-related costs and non-lease related accrued liabilities assumed. Includes assumed unpaid leasing commissions and tenant improvements.
[8] purchase price of the two acquisitions completed during the year ended December 31, 2014 were individually less than 5% and in aggregate less than 10% of the Company’s total assets as of December 31, 2014.(2)
[9] esents buildings, building improvements and tenant improvements.
[10] Represents in-place leases (approximately $12.3 million with a weighted average amortization period of 7.0 years) and leasing commissions (approximately $4.9 million with a weighted average amortization period of 7.0 years).
[11] Represents below-market leases (approximately $7.0 million with a weighted average amortization period of 6.1 years).
[12] Reflects the purchase price net of assumed secured debt and other lease-related obligations.
[13] As of December 31, 2014, these properties, together the “Chesapeake Commons” project, were temporarily being held in a separate VIE to facilitate potential Section 1031 Exchanges. During January 2015, the Company closed out the Section 1031 Exchange related to this VIE.