XML 71 R56.htm IDEA: XBRL DOCUMENT v3.24.3
Share-Based Compensation - Additional Information (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 19, 2024
shares
Feb. 01, 2024
USD ($)
installment
$ / shares
shares
Jan. 22, 2024
shares
Feb. 29, 2024
shares
Sep. 30, 2024
USD ($)
compensation_plan
shares
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
compensation_plan
shares
Sep. 30, 2023
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Number of share-based incentive compensation plans | compensation_plan         1   1  
Effective registration shares (in shares)         12,600,000   12,600,000  
Number of shares available for grant (in shares)         2,600,000   2,600,000  
Share-based compensation expense | $         $ 6.7 $ 12.3 $ 18.4 $ 33.4
Share-based compensation expense capitalized | $         2.1 1.7 5.1 5.0
Share-based compensation not yet recognized | $         $ 30.3   $ 30.3  
Share-based compensation not yet recognized period of recognition             1 year 8 months 12 days  
Restricted Stock Units (RSUs)                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Number of shares granted in period (in shares)       501,594        
Performance-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Vesting period             3 years  
Number of shares granted in period (in shares)       265,205        
Vesting, achievement of pre-set FFO per share goals, percentage of RSUs         100.00%   100.00%  
Vesting, Average debt to EBIDTA ratio, percentage of RSUs         50.00%   50.00%  
Vesting, Market measure, percentage of RSUs         50.00%   50.00%  
Time-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Number of shares granted in period (in shares)       236,389        
Number of installments | installment   3            
Right to receive number of shares (in shares)   1            
2024 Performance-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Vesting period       3 years        
Vesting, achievement of pre-set FFO per share goals, percentage of RSUs       100.00%        
Vesting, Average debt to EBIDTA ratio, percentage of RSUs       50.00%        
Vesting, Market measure, percentage of RSUs       50.00%        
Share-based compensation expense | $             $ 2.5  
Performance-based RSU, achievement target             150.00%  
Number of shares issuable per RSU       1        
Publicly-traded options, term   6 months            
Fair value RSUs granted | $   $ 9.5            
2024 Performance Based RSUs, Debt to EBITDA Ratio Performance Condition                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target             100.00%  
Time-Based Restricted Stock Units (RSUs), Grant                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Fair value RSUs granted | $   $ 8.3            
Share price (in dollars per share) | $ / shares   $ 35.20            
2023 Performance-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target, all other participants, percent             150.00%  
2022 Performance-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target, all other participants, percent             150.00%  
2023 Performance Based RSUs, Debt to EBITDA Ratio Performance Condition                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target, all other participants, percent         150.00%   150.00%  
2022 Performance Based RSUs, Debt to EBITDA Ratio Performance Condition                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target, all other participants, percent         150.00%   150.00%  
Chief Executive Officer | 2024 Performance-Based RSUs                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Performance-based RSU, achievement target             175.00%  
Chief Executive Officer | Kilroy Realty 2006 Incentive Award Plan | Time-Based Restricted Stock Units (RSUs)                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Vesting period     1 year          
Number of shares granted in period (in shares)     101,627          
Executive Vice President and Chief Financial Officer | Jeffrey Kuehling 2006 Incentive Award Plan | Time-Based Restricted Stock Units (RSUs)                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Vesting period 1 year 4 months 24 days              
Number of shares granted in period (in shares) 20,373              
Former CEO and Former President                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Accelerated share-based compensation costs | $           $ 8.0   $ 21.2