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CONSOLIDATED STATEMENTS OF CASH FLOWS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 123,249 $ 110,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of real estate assets and leasing costs 171,978 172,049
Depreciation of non-real estate furniture, fixtures, and equipment 2,766 3,133
Revenues deemed uncollectible 820 3,889
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements (7,458) (9,327)
Straight-line rents, net 7,967 (2,755)
Non-cash amortization of net below market rents (1,691) (1,790)
Non-cash amortization of deferred financing costs and debt discounts 2,397 3,317
Non-cash amortization of share-based compensation awards 8,509 8,691
Amortization of right of use ground lease assets 548 528
Gain on sale of depreciable operating property (16,554) 0
Net change in other operating assets (15,347) (13,097)
Net change in other operating liabilities 3,483 (18,323)
Net cash provided by operating activities 280,667 256,562
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for development and redevelopment properties and undeveloped land (81,743) (180,571)
Expenditures for operating properties and other capital assets (46,621) (35,195)
Net proceeds received from dispositions (Note 2) 28,021 0
Maturity of certificates of deposit 0 256,581
Net cash (used in) provided by investing activities (100,343) 40,815
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions to noncontrolling interests in consolidated property partnerships (14,324) (12,825)
Distributions paid to common unitholders (128,855) (127,930)
Repurchase of common stock and restricted stock units (6,206) (5,918)
Financing costs (407) (17,517)
Principal payments and repayments of secured debt (3,093) (2,973)
Proceeds from the issuance of unsecured debt 0 395,516
Repayments of unsecured debt 0 (200,000)
Net cash (used in) provided by financing activities (152,885) 28,353
Net increase in cash and cash equivalents and restricted cash 27,439 325,730
Cash and cash equivalents and restricted cash, beginning of period 165,690 510,163
Cash and cash equivalents and restricted cash, end of period 193,129 835,893
Kilroy Realty L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 123,249 110,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of real estate assets and leasing costs 171,978 172,049
Depreciation of non-real estate furniture, fixtures, and equipment 2,766 3,133
Revenues deemed uncollectible 820 3,889
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements (7,458) (9,327)
Straight-line rents, net 7,967 (2,755)
Non-cash amortization of net below market rents (1,691) (1,790)
Non-cash amortization of deferred financing costs and debt discounts 2,397 3,317
Non-cash amortization of share-based compensation awards 8,509 8,691
Amortization of right of use ground lease assets 548 528
Gain on sale of depreciable operating property (16,554) 0
Net change in other operating assets (15,347) (13,097)
Net change in other operating liabilities 3,483 (18,323)
Net cash provided by operating activities 280,667 256,562
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for development and redevelopment properties and undeveloped land (81,743) (180,571)
Expenditures for operating properties and other capital assets (46,621) (35,195)
Net proceeds received from dispositions (Note 2) 28,021 0
Maturity of certificates of deposit 0 256,581
Net cash (used in) provided by investing activities (100,343) 40,815
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions to noncontrolling interests in consolidated property partnerships (14,324) (12,825)
Distributions paid to common unitholders (128,855) (127,930)
Repurchase of common stock and restricted stock units (6,206) (5,918)
Financing costs (407) (17,517)
Principal payments and repayments of secured debt (3,093) (2,973)
Proceeds from the issuance of unsecured debt 0 395,516
Repayments of unsecured debt 0 (200,000)
Net cash (used in) provided by financing activities (152,885) 28,353
Net increase in cash and cash equivalents and restricted cash 27,439 325,730
Cash and cash equivalents and restricted cash, beginning of period 165,690 510,163
Cash and cash equivalents and restricted cash, end of period $ 193,129 $ 835,893