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CONSOLIDATED STATEMENTS OF CAPITAL (KILROY REALTY, L.P.) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Mar. 31, 2024 | Jun. 30, 2023 | Mar. 31, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |
Net income | $ 54,547 | $ 55,700 | $ 61,275 | $ 65,230 | $ 110,247 | $ 126,505
Non-cash amortization of share-based compensation | 6,942 | 4,727 | 9,496 | 11,566 |  |
Settlement of restricted stock units for shares of common stock |  | 0 | 0 | 0 |  |
Distributions to noncontrolling interests in consolidated property partnerships | (5,911) | (6,898) | (10,393) | (7,068) |  |
Noncontrolling Interests in Consolidated Property Partnerships |  |  |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |
Net income | 5,336 | 5,780 | 5,688 | 8,622 |  |
Distributions to noncontrolling interests in consolidated property partnerships | (5,911) | (6,898) | (10,393) | (7,068) |  |
Kilroy Realty L.P. |  |  |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |
Beginning balance | 5,642,731 | 5,659,693 | 5,672,422 | 5,674,961 | 5,659,693 | 5,674,961
Net income | 54,547 | 55,700 | 61,275 | 65,230 | 110,247 | 126,505
Issuance of share-based compensation awards | 1,085 | 4,017 | 726 | 1,365 |  |
Non-cash amortization of share-based compensation | 6,942 | 4,727 | 9,496 | 11,566 |  |
Repurchase of common units and restricted stock units | (20) | (5,898) | (1,340) | (8,363) |  |
Distributions to noncontrolling interests in consolidated property partnerships | (5,911) | (6,898) | (10,393) | (7,068) |  |
Distributions declared per common unit | (65,116) | (68,610) | (64,592) | (65,269) |  |
Ending balance | $ 5,634,258 | $ 5,642,731 | $ 5,667,594 | $ 5,672,422 | $ 5,634,258 | $ 5,667,594
Kilroy Realty L.P. | Partners’ Capital |  |  |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |
Beginning balance (in shares) | 118,516,979 | 118,390,132 | 118,271,536 | 118,028,605 | 118,390,132 | 118,028,605
Beginning balance | $ 5,466,094 | $ 5,481,436 | $ 5,487,038 | $ 5,490,571 | $ 5,481,436 | $ 5,490,571
Net income | 49,669 | 50,422 | 56,124 | 57,168 |  |
Issuance of share-based compensation awards | 1,085 | 4,017 | 726 | 1,365 |  |
Non-cash amortization of share-based compensation | $ 6,942 | $ 4,727 | $ 9,496 | $ 11,566 |  |
Settlement of restricted stock units (in shares) | 19,395 | 217,496 | 103,135 | 445,973 |  |
Repurchase of common units and restricted stock units (in shares) | (569) | (90,649) | (46,189) | (203,042) |  |
Repurchase of common units and restricted stock units | $ (20) | $ (5,898) | $ (1,340) | $ (8,363) |  |
Distributions declared per common unit | $ (65,116) | $ (68,610) | $ (64,592) | $ (65,269) |  |
Ending balance (in shares) | 118,535,805 | 118,516,979 | 118,328,482 | 118,271,536 | 118,535,805 | 118,328,482
Ending balance | $ 5,458,654 | $ 5,466,094 | $ 5,487,452 | $ 5,487,038 | $ 5,458,654 | $ 5,487,452
Kilroy Realty L.P. | Noncontrolling Interests in Consolidated Property Partnerships |  |  |  |  |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |  |  |  |  |
Beginning balance | 176,637 | 178,257 | 185,384 | 184,390 | 178,257 | 184,390
Net income | 4,878 | 5,278 | 5,151 | 8,062 |  |
Distributions to noncontrolling interests in consolidated property partnerships | (5,911) | (6,898) | (10,393) | (7,068) |  |
Ending balance | $ 175,604 | $ 176,637 | $ 180,142 | $ 185,384 | $ 175,604 | $ 180,142

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