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Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
 3 Months Ended
Mar. 31, 2024
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net Income Available to Common Stockholders
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the three months ended March 31, 2024 and 2023:
 Three Months Ended March 31,
 20242023
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$49,920 $56,608 
Allocation to participating securities (1)
(799)(364)
Numerator for basic and diluted net income available to common stockholders$49,121 $56,244 
Denominator:  
Basic weighted average vested shares outstanding117,337,666 117,059,329 
Effect of dilutive securities623,260 347,189 
Diluted weighted average vested shares and common stock equivalents outstanding117,960,926 117,406,518 
Basic earnings per share:  
Net income available to common stockholders per share$0.42 $0.48 
Diluted earnings per share:  
Net income available to common stockholders per share$0.42 $0.48 
________________________ 
(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.
Kilroy Realty L.P.  
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net Income Available to Common Stockholders
The following table reconciles the numerator and denominator in computing the Operating Partnership’s basic and diluted per-unit computations for net income available to common unitholders for the three months ended March 31, 2024 and 2023:
 Three Months Ended March 31,
 20242023
 (in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$50,422 $57,168 
Allocation to participating securities (1)
(799)(364)
Numerator for basic and diluted net income available to common unitholders$49,623 $56,804 
Denominator:  
Basic weighted average vested units outstanding118,488,240 118,209,903 
Effect of dilutive securities623,260 347,189 
Diluted weighted average vested units and common unit equivalents outstanding119,111,500 118,557,092 
Basic earnings per unit:
Net income available to common unitholders per unit$0.42 $0.48 
Diluted earnings per unit:  
Net income available to common unitholders per unit$0.42 $0.48 
________________________ 
(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.