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CONSOLIDATED BALANCE SHEETS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
REAL ESTATE ASSETS (Note 2):    
Land and improvements $ 1,750,820 $ 1,743,170
Buildings and improvements 8,573,332 8,463,674
Undeveloped land and construction in progress 2,254,628 2,034,804
Total real estate assets held for investment 12,578,780 12,241,648
Accumulated depreciation and amortization (2,747,494) (2,518,304)
Total real estate assets held for investment, net 9,831,286 9,723,344
CASH AND CASH EQUIVALENTS 625,395 510,163
MARKETABLE SECURITIES (Notes 3 and 11) 27,144 284,670
CURRENT RECEIVABLES, NET 11,218 13,609
DEFERRED RENT RECEIVABLES, NET 455,613 460,979
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Note 2) 226,991 229,705
RIGHT OF USE GROUND LEASE ASSETS 129,492 125,506
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 4) 73,495 53,069
TOTAL ASSETS 11,380,634 11,401,045
LIABILITIES:    
Secured debt, net (Notes 5 and 11) 599,478 603,225
Unsecured debt, net (Notes 5 and 11) 4,401,678 4,325,153
Accounts payable, accrued expenses, and other liabilities 354,785 371,179
Ground lease liabilities (Note 10) 128,606 124,353
Accrued distributions 64,844 64,440
Deferred revenue and acquisition-related intangible liabilities, net (Note 2) 151,670 173,638
Rents received in advance and tenant security deposits 71,033 79,364
Total liabilities 5,772,094 5,741,352
COMMITMENTS AND CONTINGENCIES (Note 10)
CAPITAL:    
TOTAL LIABILITIES AND EQUITY (CAPITAL) 11,380,634 11,401,045
Kilroy Realty L.P.    
REAL ESTATE ASSETS (Note 2):    
Land and improvements 1,750,820 1,743,170
Buildings and improvements 8,573,332 8,463,674
Undeveloped land and construction in progress 2,254,628 2,034,804
Total real estate assets held for investment 12,578,780 12,241,648
Accumulated depreciation and amortization (2,747,494) (2,518,304)
Total real estate assets held for investment, net 9,831,286 9,723,344
CASH AND CASH EQUIVALENTS 625,395 510,163
MARKETABLE SECURITIES (Notes 3 and 11) 27,144 284,670
CURRENT RECEIVABLES, NET 11,218 13,609
DEFERRED RENT RECEIVABLES, NET 455,613 460,979
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Note 2) 226,991 229,705
RIGHT OF USE GROUND LEASE ASSETS 129,492 125,506
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 4) 73,495 53,069
TOTAL ASSETS 11,380,634 11,401,045
LIABILITIES:    
Secured debt, net (Notes 5 and 11) 599,478 603,225
Unsecured debt, net (Notes 5 and 11) 4,401,678 4,325,153
Accounts payable, accrued expenses, and other liabilities 354,785 371,179
Ground lease liabilities (Note 10) 128,606 124,353
Accrued distributions 64,844 64,440
Deferred revenue and acquisition-related intangible liabilities, net (Note 2) 151,670 173,638
Rents received in advance and tenant security deposits 71,033 79,364
Total liabilities 5,772,094 5,741,352
COMMITMENTS AND CONTINGENCIES (Note 10)
CAPITAL:    
Partner's Capital - Common units, 118,046,674 and 117,239,558 held by the general partner and 1,150,574 held by common limited partners issued and outstanding 5,432,779 5,481,436
Noncontrolling interests in consolidated property partnerships (Note 1) 175,761 178,257
Total capital 5,608,540 5,659,693
TOTAL LIABILITIES AND EQUITY (CAPITAL) $ 11,380,634 $ 11,401,045