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CONSOLIDATED STATEMENTS OF CASH FLOWS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 285,531 $ 167,920
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of real estate assets and leasing costs 258,058 262,292
Depreciation of non-real estate furniture, fixtures, and equipment 4,173 4,769
Revenues deemed uncollectible 990 4,657
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements (11,097) (13,539)
Straight-line rents, net 9,270 (888)
Non-cash amortization of net below market rents (2,455) (2,675)
Non-cash amortization of deferred financing costs and debt discounts 3,615 5,243
Non-cash amortization of share-based compensation awards 13,945 13,271
Amortization of right of use ground lease assets 826 796
Gains on sales of depreciable operating properties (Note 3) (127,038) 0
Net change in other operating assets (17,660) (7,427)
Net change in other operating liabilities 39,077 (1,507)
Net cash provided by operating activities 457,235 432,912
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for development and redevelopment properties and undeveloped land (123,857) (290,593)
Expenditures for operating properties and other capital assets (74,507) (64,381)
Expenditures for acquisitions of operating properties (Note 2) (205,008) (35,155)
Net proceeds received from dispositions (Note 3) 392,453 0
Maturity of certificates of deposit 0 256,581
Net cash used in investing activities (10,919) (133,548)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions to noncontrolling interests in consolidated property partnerships (26,312) (17,446)
Distributions paid to common unitholders (193,356) (191,938)
Repurchase of common stock and restricted stock units (6,419) (27,636)
Financing costs (4,805) (18,146)
Principal payments and repayments of secured debt (4,662) (4,482)
Proceeds from the issuance of unsecured debt (Note 5) 395,964 395,516
Repayments of unsecured debt (Note 5) (400,000) (320,000)
Borrowings on unsecured revolving credit facility 65,000 0
Repayments on unsecured revolving credit facility (65,000) 0
Net cash used in financing activities (239,590) (184,132)
Net increase in cash and cash equivalents and restricted cash 206,726 115,232
Cash and cash equivalents and restricted cash, beginning of period 165,690 510,163
Cash and cash equivalents and restricted cash, end of period 372,416 625,395
Kilroy Realty L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 285,531 167,920
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of real estate assets and leasing costs 258,058 262,292
Depreciation of non-real estate furniture, fixtures, and equipment 4,173 4,769
Revenues deemed uncollectible 990 4,657
Non-cash amortization of deferred revenue related to tenant-funded tenant improvements (11,097) (13,539)
Straight-line rents, net 9,270 (888)
Non-cash amortization of net below market rents (2,455) (2,675)
Non-cash amortization of deferred financing costs and debt discounts 3,615 5,243
Non-cash amortization of share-based compensation awards 13,945 13,271
Amortization of right of use ground lease assets 826 796
Gains on sales of depreciable operating properties (Note 3) (127,038) 0
Net change in other operating assets (17,660) (7,427)
Net change in other operating liabilities 39,077 (1,507)
Net cash provided by operating activities 457,235 432,912
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for development and redevelopment properties and undeveloped land (123,857) (290,593)
Expenditures for operating properties and other capital assets (74,507) (64,381)
Expenditures for acquisitions of operating properties (Note 2) (205,008) (35,155)
Net proceeds received from dispositions (Note 3) 392,453 0
Maturity of certificates of deposit 0 256,581
Net cash used in investing activities (10,919) (133,548)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Distributions to noncontrolling interests in consolidated property partnerships (26,312) (17,446)
Distributions paid to common unitholders (193,356) (191,938)
Repurchase of common stock and restricted stock units (6,419) (27,636)
Financing costs (4,805) (18,146)
Principal payments and repayments of secured debt (4,662) (4,482)
Proceeds from the issuance of unsecured debt (Note 5) 395,964 395,516
Repayments of unsecured debt (Note 5) (400,000) (320,000)
Borrowings on unsecured revolving credit facility 65,000 0
Repayments on unsecured revolving credit facility (65,000) 0
Net cash used in financing activities (239,590) (184,132)
Net increase in cash and cash equivalents and restricted cash 206,726 115,232
Cash and cash equivalents and restricted cash, beginning of period 165,690 510,163
Cash and cash equivalents and restricted cash, end of period $ 372,416 $ 625,395