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Net (Loss) Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
9 Months Ended
Sep. 30, 2012
Net Income Available To Common Unitholders [Line Items]  
Net income available to common unitholders
The following table reconciles the numerator and denominator in computing the Company's basic and diluted per-share computations for net (loss) income available to common stockholders for the three and nine months ended September 30, 2012 and 2011:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
(in thousands, except share and per share amounts)
Numerator:
 
 
 
 
 
 
 
(Loss) income from continuing operations
$
(665
)
 
$
(3,391
)
 
$
1,535

 
$
(3,744
)
Loss from continuing operations attributable to noncontrolling common units of the Operating Partnership
143

 
203

 
404

 
438

Preferred distributions and dividends
(5,342
)
 
(3,799
)
 
(17,775
)
 
(11,397
)
Allocation to participating securities (nonvested shares and time-based RSUs)
(408
)
 
(110
)
 
(1,225
)
 
(759
)
Numerator for basic and diluted loss from continuing operations available to common stockholders
(6,272
)
 
(7,097
)
 
(17,061
)
 
(15,462
)
Income from discontinued operations
3,187

 
17,681

 
81,936

 
26,373

Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership
(76
)
 
(499
)
 
(2,112
)
 
(758
)
Numerator for basic and diluted net (loss) income available to common stockholders
$
(3,161
)
 
$
10,085

 
$
62,763

 
$
10,153

Denominator:
 
 
 
 
 
 
 
Basic weighted average vested shares outstanding
71,889,475

 
58,355,127

 
67,975,309

 
56,136,477

Effect of dilutive securities - contingently issuable shares and stock options

 

 

 

Diluted weighted average vested shares and common share equivalents outstanding
71,889,475

 
58,355,127

 
67,975,309

 
56,136,477

Basic earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations available to common stockholders per share
$
(0.08
)
 
$
(0.12
)
 
$
(0.25
)
 
$
(0.28
)
Income from discontinued operations per common share
0.04

 
0.29

 
1.17

 
0.46

Net (loss) income available to common stockholders per share
$
(0.04
)
 
$
0.17

 
$
0.92

 
$
0.18

Diluted earnings per share:
 
 
 
 
 
 
 
Loss from continuing operations available to common stockholders per share
$
(0.08
)
 
$
(0.12
)
 
$
(0.25
)
 
$
(0.28
)
Income from discontinued operations per common share
0.04

 
0.29

 
1.17

 
0.46

Net (loss) income available to common stockholders per share
$
(0.04
)
 
$
0.17

 
$
0.92

 
$
0.18

Kilroy Realty, L.P. [Member]
 
Net Income Available To Common Unitholders [Line Items]  
Net income available to common unitholders
The following table reconciles the numerator and denominator in computing the Operating Partnership's basic and diluted per-unit computations for net (loss) income available to common unitholders for the three and nine months ended September 30, 2012 and 2011:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
 
 
 
 
(Loss) income from continuing operations
$
(665
)
 
$
(3,391
)
 
$
1,535

 
$
(3,744
)
Loss from continuing operations attributable to noncontrolling interests in consolidated subsidiaries
(48
)
 
(30
)
 
(144
)
 
(95
)
Preferred distributions
(5,342
)
 
(3,799
)
 
(17,775
)
 
(11,397
)
Allocation to participating securities (nonvested units and time-based RSUs)
(408
)
 
(110
)
 
(1,225
)
 
(759
)
Numerator for basic and diluted loss from continuing operations available to common unitholders
(6,463
)
 
(7,330
)
 
(17,609
)
 
(15,995
)
Income from discontinued operations
3,187

 
17,681

 
81,936

 
26,373

Numerator for basic and diluted net (loss) income available to common unitholders
$
(3,276
)
 
$
10,351

 
$
64,327

 
$
10,378

Denominator:
 
 
 
 
 
 
 
Basic weighted average vested units outstanding
73,680,259

 
60,073,258

 
69,717,834

 
57,857,538

Effect of dilutive securities - contingently issuable shares and stock options

 

 

 

Diluted weighted average vested units and common unit equivalents outstanding
73,680,259

 
60,073,258

 
69,717,834

 
57,857,538

Basic earnings per unit:
 
 
 
 
 
 
 
Loss from continuing operations available to common unitholders per unit
$
(0.08
)
 
$
(0.12
)
 
$
(0.25
)
 
$
(0.28
)
Income from discontinued operations per common unit
0.04

 
0.29

 
1.17

 
0.46

Net (loss) income available to common unitholders per unit
$
(0.04
)
 
$
0.17

 
$
0.92

 
$
0.18

Diluted earnings per unit:
 
 
 
 
 
 
 
Loss from continuing operations available to common unitholders per unit
$
(0.08
)
 
$
(0.12
)
 
$
(0.25
)
 
$
(0.28
)
Income from discontinued operations per common unit
0.04

 
0.29

 
1.17

 
0.46

Net (loss) income available to common unitholders per unit
$
(0.04
)
 
$
0.17

 
$
0.92

 
$
0.18