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v3.25.1

Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Numerator: |  |
Net income available to common unitholders | $ 39,008 | $ 49,920
Allocation to participating securities | (212) | (799)
Numerator for basic and diluted net income available to common stockholders | $ 38,796 | $ 49,121
Denominator: |  |
Basic weighted average vested shares/ unit outstanding (in shares) | 118,194,588 | 117,337,666
Effect of dilutive securities (in shares) | 469,842 | 623,260
Diluted weighted average vested shares and common stock/ unit equivalents outstanding (in shares) | 118,664,430 | 117,960,926
Basic earnings per unit: |  |
Net income available to common unitholders per unit – basic (in dollars per share) | $ 0.33 | $ 0.42
Diluted earnings per unit: |  |
Net income available to common unitholders per unit – diluted (in dollars per share) | $ 0.33 | $ 0.42
Kilroy Realty L.P. |  |
Numerator: |  |
Net income available to common unitholders | $ 39,383 | $ 50,422
Allocation to participating securities | (212) | (799)
Numerator for basic and diluted net income available to common stockholders | $ 39,171 | $ 49,623
Denominator: |  |
Basic weighted average vested shares/ unit outstanding (in shares) | 119,345,162 | 118,488,240
Effect of dilutive securities (in shares) | 469,842 | 623,260
Diluted weighted average vested shares and common stock/ unit equivalents outstanding (in shares) | 119,815,004 | 119,111,500
Basic earnings per unit: |  |
Net income available to common unitholders per unit – basic (in dollars per share) | $ 0.33 | $ 0.42
Diluted earnings per unit: |  |
Net income available to common unitholders per unit – diluted (in dollars per share) | $ 0.33 | $ 0.42

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