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CONSOLIDATED STATEMENTS OF OPERATIONS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]    
REVENUES        
Rental income (Note 7) $ 280,681 $ 272,546 $ 852,094 $ 804,330
Other property income 2,913 3,412 8,584 8,313
Total revenues 283,594 275,958 860,678 812,643
EXPENSES        
Property expenses 59,445 52,075 168,233 147,421
Real estate taxes 28,363 27,415 84,868 78,718
Ground leases 2,390 1,771 7,172 5,473
General and administrative expenses (Note 6) 24,761 23,524 71,356 68,425
Leasing costs 1,852 1,015 4,550 3,475
Depreciation and amortization 85,224 81,140 269,262 266,215
Total expenses 202,035 186,940 605,441 569,727
OTHER INCOME (EXPENSES)        
Interest and other income, net 7,015 295 11,896 501
Interest expense (Note 4) (29,837) (19,982) (81,891) (60,728)
Gain on sale of depreciable operating property 0 17,329 0 17,329
Total other expenses (22,822) (2,358) (69,995) (42,898)
NET INCOME 58,737 86,660 185,242 200,018
Total income attributable to noncontrolling interests (5,975) (6,903) (20,285) (20,028)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 52,762 $ 79,757 $ 164,957 $ 179,990
Net income available to common stockholders per share – basic (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Weighted average common shares outstanding – basic (in shares) 117,184,609 116,872,953 117,133,420 116,782,621
Weighted average common shares outstanding – diluted (in shares) 117,495,246 117,242,411 117,411,395 117,163,149
Kilroy Realty L.P.        
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]    
REVENUES        
Rental income (Note 7) $ 280,681 $ 272,546 $ 852,094 $ 804,330
Other property income 2,913 3,412 8,584 8,313
Total revenues 283,594 275,958 860,678 812,643
EXPENSES        
Property expenses 59,445 52,075 168,233 147,421
Real estate taxes 28,363 27,415 84,868 78,718
Ground leases 2,390 1,771 7,172 5,473
General and administrative expenses (Note 6) 24,761 23,524 71,356 68,425
Leasing costs 1,852 1,015 4,550 3,475
Depreciation and amortization 85,224 81,140 269,262 266,215
Total expenses 202,035 186,940 605,441 569,727
OTHER INCOME (EXPENSES)        
Interest and other income, net 7,015 295 11,896 501
Interest expense (Note 4) (29,837) (19,982) (81,891) (60,728)
Gain on sale of depreciable operating property 0 17,329 0 17,329
Total other expenses (22,822) (2,358) (69,995) (42,898)
NET INCOME 58,737 86,660 185,242 200,018
Total income attributable to noncontrolling interests (5,460) (6,239) (18,673) (18,333)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 53,277 $ 80,421 $ 166,569 $ 181,685
Net income available to common stockholders per share – basic (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.45 $ 0.68 $ 1.40 $ 1.53
Weighted average common shares outstanding – basic (in shares) 118,335,183 118,023,527 118,283,994 117,933,195
Weighted average common shares outstanding – diluted (in shares) 118,645,820 118,392,985 118,561,969 118,313,723