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Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
9 Months Ended
Sep. 30, 2025
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net Income Available to Common Stockholders
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 three and nine months ended September 30, 2025 and 2024:

 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$156,220 $52,378 $263,677 $151,509 
Allocation to participating securities (1)
(551)(173)(911)(1,792)
Numerator for basic and diluted net income available to common stockholders$155,669 $52,205 $262,766 $149,717 
Denominator:  
Basic weighted average vested shares outstanding118,295,812 117,830,481 118,258,947 117,515,623 
Effect of dilutive securities526,450 413,432 464,974 439,140 
Diluted weighted average vested shares and common stock equivalents outstanding118,822,262 118,243,913 118,723,921 117,954,763 
Basic earnings per share:  
Net income available to common stockholders per share$1.32 $0.44 $2.22 $1.27 
Diluted earnings per share:  
Net income available to common stockholders per share$1.31 $0.44 $2.21 $1.27 
________________________ 
(1)Participating securities include certain vested time-based RSUs and market measure-based RSUs.
Kilroy Realty L.P.  
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net Income Available to Common Stockholders
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 three and nine months ended September 30, 2025 and 2024:
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
 (in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$157,744 $52,887 $266,239 $152,978 
Allocation to participating securities (1)
(551)(173)(911)(1,792)
Numerator for basic and diluted net income available to common unitholders$157,193 $52,714 $265,328 $151,186 
Denominator:  
Basic weighted average vested units outstanding119,446,386 118,981,055 119,409,521 118,666,197
Effect of dilutive securities526,450 413,432 464,974 439,140 
Diluted weighted average vested units and common unit equivalents outstanding119,972,836 119,394,487 119,874,495 119,105,337 
Basic earnings per unit:
Net income available to common unitholders per unit$1.32 $0.44 $2.22 $1.27 
Diluted earnings per unit:  
Net income available to common unitholders per unit$1.31 $0.44 $2.21 $1.27 
________________________ 
(1)Participating securities include certain vested time-based RSUs and market measure-based RSUs.