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Consolidated Statements of Operations (KILROY REALTY, L.P.) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Rental income $ 83,452 $ 65,038 $ 163,742 $ 125,694
Tenant reimbursements 7,510 6,483 13,932 12,201
Other property income 1,102 895 2,515 1,340
Total revenues 92,064 72,416 180,189 139,235
EXPENSES:        
Property expenses 17,583 14,543 35,272 26,563
Real estate taxes 8,413 6,482 16,582 12,518
Provision for bad debts 120 (12) 146 14
Ground leases (Note 11) 424 370 763 312
General and administrative expenses 7,440 6,728 14,000 13,823
Acquisition-related expenses 1,194 957 1,666 1,270
Depreciation and amortization 32,248 23,722 61,559 44,660
Total expenses 67,422 52,790 129,988 99,160
OTHER (EXPENSES) INCOME:        
Interest income and other net investment gains (losses) (Note 12) 58 (18) 242 366
Interest expense (Note 5) (21,228) (13,088) (42,104) (25,044)
Loss on early extinguishment of debt   (4,564)   (4,564)
Total other (expenses) income (21,170) (17,670) (41,862) (29,242)
NET INCOME 3,472 1,956 8,339 10,833
NET INCOME ATTRIBUTABLE TO KILROY REALTY, L.P. 3,482 2,016 8,315 10,701
Preferred distributions and dividends (3,799) (3,799) (7,598) (7,598)
NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS (317) (1,783) 717 3,103
Net (loss) income available to common unitholders per unit-basic $ (0.01) $ (0.04) $ 0.00 $ 0.05
Net (loss) income available to common unitholders per unit-diluted $ (0.01) $ (0.04) $ 0.00 $ 0.05
Weighted average common units outstanding - basic (Note 15) 57,685,710 50,296,643 55,008,765 46,674,494
Weighted average common units outstanding - diluted (Note 15) 57,685,710 50,296,643 55,384,729 46,677,850
Kilroy Realty, L.P. [Member]
       
REVENUES:        
Rental income 83,452 65,038 163,742 125,694
Tenant reimbursements 7,510 6,483 13,932 12,201
Other property income 1,102 895 2,515 1,340
Total revenues 92,064 72,416 180,189 139,235
EXPENSES:        
Property expenses 17,583 14,543 35,272 26,563
Real estate taxes 8,413 6,482 16,582 12,518
Provision for bad debts 120 (12) 146 14
Ground leases (Note 11) 424 370 763 312
General and administrative expenses 7,440 6,728 14,000 13,823
Acquisition-related expenses 1,194 957 1,666 1,270
Depreciation and amortization 32,248 23,722 61,559 44,660
Total expenses 67,422 52,790 129,988 99,160
OTHER (EXPENSES) INCOME:        
Interest income and other net investment gains (losses) (Note 12) 58 (18) 242 366
Interest expense (Note 5) (21,228) (13,088) (42,104) (25,044)
Loss on early extinguishment of debt   (4,564)   (4,564)
Total other (expenses) income (21,170) (17,670) (41,862) (29,242)
NET INCOME 3,472 1,956 8,339 10,833
Net income attributable to noncontrolling interests in consolidated subsidiaries (32) (51) (65) (96)
NET INCOME ATTRIBUTABLE TO KILROY REALTY, L.P. 3,440 1,905 8,274 10,737
Preferred distributions and dividends (3,799) (3,799) (7,598) (7,598)
NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS $ (359) $ (1,894) $ 676 $ 3,139
Net (loss) income available to common unitholders per unit-basic $ (0.01) $ (0.04) $ 0.00 $ 0.05
Net (loss) income available to common unitholders per unit-diluted $ (0.01) $ (0.04) $ 0.00 $ 0.05
Weighted average common units outstanding - basic (Note 15) 59,407,687 52,019,774 56,731,316 48,397,625
Weighted average common units outstanding - diluted (Note 15) 59,407,687 52,019,774 57,107,280 48,400,981
Distributions declared per common unit $ 0.35 $ 0.35 $ 0.70 $ 0.70