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v3.23.3

Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Numerator: |  |  |  |
Net income available to common unitholders | $ 52,762 | $ 79,757 | $ 164,957 | $ 179,990
Allocation to participating securities | (269) | (287) | (959) | (980)
Numerator for basic and diluted net income available to common stockholders | $ 52,493 | $ 79,470 | $ 163,998 | $ 179,010
Denominator: |  |  |  |
Basic weighted average vested units outstanding (in shares) | 117,184,609 | 116,872,953 | 117,133,420 | 116,782,621
Effect of dilutive securities (in shares) | 310,637 | 369,458 | 277,975 | 380,528
Diluted weighted average vested shares and common stock/ unit equivalents outstanding (in shares) | 117,495,246 | 117,242,411 | 117,411,395 | 117,163,149
Basic earnings per unit: |  |  |  |
Net income available to common unitholders per unit (in dollars per share) | $ 0.45 | $ 0.68 | $ 1.40 | $ 1.53
Diluted earnings per unit: |  |  |  |
Net income available to common unitholders per unit (in dollars per share) | $ 0.45 | $ 0.68 | $ 1.40 | $ 1.53
Kilroy Realty L.P. |  |  |  |
Numerator: |  |  |  |
Net income available to common unitholders | $ 53,277 | $ 80,421 | $ 166,569 | $ 181,685
Allocation to participating securities | (269) | (287) | (959) | (980)
Numerator for basic and diluted net income available to common stockholders | $ 53,008 | $ 80,134 | $ 165,610 | $ 180,705
Denominator: |  |  |  |
Basic weighted average vested units outstanding (in shares) | 118,335,183 | 118,023,527 | 118,283,994 | 117,933,195
Effect of dilutive securities (in shares) | 310,637 | 369,458 | 277,975 | 380,528
Diluted weighted average vested shares and common stock/ unit equivalents outstanding (in shares) | 118,645,820 | 118,392,985 | 118,561,969 | 118,313,723
Basic earnings per unit: |  |  |  |
Net income available to common unitholders per unit (in dollars per share) | $ 0.45 | $ 0.68 | $ 1.40 | $ 1.53
Diluted earnings per unit: |  |  |  |
Net income available to common unitholders per unit (in dollars per share) | $ 0.45 | $ 0.68 | $ 1.40 | $ 1.53

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