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CONSOLIDATED STATEMENTS OF OPERATIONS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 7) $ 266,244 $ 274,890
Other property income 4,600 3,691
Total revenues 270,844 278,581
EXPENSES    
Property expenses 58,714 57,320
Real estate taxes 28,365 29,239
Ground leases 3,020 2,752
General and administrative expenses (Note 6) 16,901 17,292
Leasing costs 2,873 2,279
Depreciation and amortization 87,119 88,031
Total expenses 196,992 196,913
OTHER INCOME (EXPENSES)    
Interest income 1,134 13,190
Interest expense (Note 3) (31,148) (38,871)
Other income (expense) (Note 1) (157) (287)
Total other expenses (30,171) (25,968)
NET INCOME 43,681 55,700
Net income attributable to noncontrolling interests in consolidated property partnerships and subsidiaries (4,673) (5,780)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 39,008 $ 49,920
Net income available to common unitholders per unit – basic (in dollars per share) $ 0.33 $ 0.42
Net income available to common unitholders per unit – diluted (in dollars per share) $ 0.33 $ 0.42
Weighted average common units outstanding – basic (in shares) 118,194,588 117,337,666
Weighted average common units outstanding – diluted (in shares) 118,664,430 117,960,926
Kilroy Realty L.P.    
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 7) $ 266,244 $ 274,890
Other property income 4,600 3,691
Total revenues 270,844 278,581
EXPENSES    
Property expenses 58,714 57,320
Real estate taxes 28,365 29,239
Ground leases 3,020 2,752
General and administrative expenses (Note 6) 16,901 17,292
Leasing costs 2,873 2,279
Depreciation and amortization 87,119 88,031
Total expenses 196,992 196,913
OTHER INCOME (EXPENSES)    
Interest income 1,134 13,190
Interest expense (Note 3) (31,148) (38,871)
Other income (expense) (Note 1) (157) (287)
Total other expenses (30,171) (25,968)
NET INCOME 43,681 55,700
Net income attributable to noncontrolling interests in consolidated property partnerships and subsidiaries (4,298) (5,278)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 39,383 $ 50,422
Net income available to common unitholders per unit – basic (in dollars per share) $ 0.33 $ 0.42
Net income available to common unitholders per unit – diluted (in dollars per share) $ 0.33 $ 0.42
Weighted average common units outstanding – basic (in shares) 119,345,162 118,488,240
Weighted average common units outstanding – diluted (in shares) 119,815,004 119,111,500