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CONSOLIDATED BALANCE SHEETS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
REAL ESTATE ASSETS:    
Land and improvements $ 1,743,170 $ 1,743,170
Buildings and improvements 8,501,976 8,463,674
Undeveloped land and construction in progress 2,207,180 2,034,804
Total real estate assets held for investment 12,452,326 12,241,648
Accumulated depreciation and amortization (2,671,141) (2,518,304)
Total real estate assets held for investment, net 9,781,185 9,723,344
CASH AND CASH EQUIVALENTS 835,893 510,163
MARKETABLE SECURITIES (Notes 2 and 10) 32,648 284,670
CURRENT RECEIVABLES, NET 10,229 13,609
DEFERRED RENT RECEIVABLES, NET 458,177 460,979
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 220,485 229,705
RIGHT OF USE GROUND LEASE ASSETS 129,760 125,506
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 3) 75,379 53,069
TOTAL ASSETS 11,543,756 11,401,045
LIABILITIES:    
Secured debt, net (Notes 4 and 10) 600,741 603,225
Unsecured debt, net (Notes 4 and 10) 4,519,796 4,325,153
Accounts payable, accrued expenses, and other liabilities 361,759 371,179
Ground lease liabilities (Note 9) 128,787 124,353
Accrued distributions 65,118 64,440
Deferred revenue and acquisition-related intangible liabilities, net 160,284 173,638
Rents received in advance and tenant security deposits 73,013 79,364
Total liabilities 5,909,498 5,741,352
COMMITMENTS AND CONTINGENCIES (Note 9)
CAPITAL:    
Liabilities and Equity (Capital) 11,543,756 11,401,045
Kilroy Realty L.P.    
REAL ESTATE ASSETS:    
Land and improvements 1,743,170 1,743,170
Buildings and improvements 8,501,976 8,463,674
Undeveloped land and construction in progress 2,207,180 2,034,804
Total real estate assets held for investment 12,452,326 12,241,648
Accumulated depreciation and amortization (2,671,141) (2,518,304)
Total real estate assets held for investment, net 9,781,185 9,723,344
CASH AND CASH EQUIVALENTS 835,893 510,163
MARKETABLE SECURITIES (Notes 2 and 10) 32,648 284,670
CURRENT RECEIVABLES, NET 10,229 13,609
DEFERRED RENT RECEIVABLES, NET 458,177 460,979
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 220,485 229,705
RIGHT OF USE GROUND LEASE ASSETS 129,760 125,506
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 3) 75,379 53,069
TOTAL ASSETS 11,543,756 11,401,045
LIABILITIES:    
Secured debt, net (Notes 4 and 10) 600,741 603,225
Unsecured debt, net (Notes 4 and 10) 4,519,796 4,325,153
Accounts payable, accrued expenses, and other liabilities 361,759 371,179
Ground lease liabilities (Note 9) 128,787 124,353
Accrued distributions 65,118 64,440
Deferred revenue and acquisition-related intangible liabilities, net 160,284 173,638
Rents received in advance and tenant security deposits 73,013 79,364
Total liabilities 5,909,498 5,741,352
COMMITMENTS AND CONTINGENCIES (Note 9)
CAPITAL:    
Partner's Capital - Common units, 117,385,231 and 117,239,558 held by the general partner and 1,150,574 held by common limited partners issued and outstanding 5,458,654 5,481,436
Noncontrolling interests in consolidated property partnerships (Note 1) 175,604 178,257
Total capital 5,634,258 5,659,693
Liabilities and Equity (Capital) $ 11,543,756 $ 11,401,045