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Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2024
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net income Available to Common Unitholders
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 years ended December 31, 2024, 2023, and 2022:

Year Ended December 31,
202420232022
(in thousands, except unit and per unit amounts)
Numerator:
Net income available to common stockholders$210,969 $212,241 $232,615 
Allocation to participating securities (1)
(1,967)(1,233)(1,272)
Numerator for basic and diluted net income available to common stockholders$209,002 $211,008 $231,343 
Denominator: 
Basic weighted average vested shares outstanding117,649,111 117,160,173 116,806,575 
Effect of dilutive securities 507,876 346,082 413,472 
Diluted weighted average vested shares and common stock equivalents outstanding118,156,987 117,506,255 117,220,047 
Basic earnings per share: 
Net income available to common stockholders per share$1.78 $1.80 $1.98 
Diluted earnings per share: 
Net income available to common stockholders per share$1.77 $1.80 $1.97 
_____________________ 
(1)Participating securities include nonvested shares, 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 Unitholders
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 years ended December 31, 2024, 2023, and 2022:

Year Ended December 31,
202420232022
(in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$213,031 $214,324 $234,898 
Allocation to participating securities (1)
(1,967)(1,233)(1,272)
Numerator for basic and diluted net income available to common unitholders$211,064 $213,091 $233,626 
Denominator: 
Basic weighted average vested units outstanding118,799,685 118,310,747 117,957,149 
Effect of dilutive securities507,876 346,082 413,472 
Diluted weighted average vested units and common unit equivalents outstanding119,307,561 118,656,829 118,370,621 
Basic earnings per unit:
Net income available to common unitholders per unit$1.78 $1.80 $1.98 
Diluted earnings per unit: 
Net income available to common unitholders per unit$1.77 $1.80 $1.97 
____________________ 
(1)Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.