XML 114 R60.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 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 income available to common stockholders for the years ended December 31, 2012, 2011, and 2010:
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(in thousands, except share and per share amounts)
Numerator:
 
 
 
 
 
Income (loss) from continuing operations
$
5,447

 
$
(3,728
)
 
(427
)
Loss from continuing operations attributable to noncontrolling common units of the Operating Partnership
383

 
545

 
468

Preferred distributions and dividends
(21,088
)
 
(15,196
)
 
(15,196
)
Allocation to participating securities (nonvested shares and time-based RSUs)
(1,602
)
 
(1,309
)
 
(1,151
)
Numerator for basic and diluted loss from continuing operations available to common stockholders
(16,860
)
 
(19,688
)
 
(16,306
)
Income from discontinued operations
271,654

 
71,217

 
20,313

Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership
(6,570
)
 
(2,019
)
 
(646
)
Numerator for basic and diluted net income available to common stockholders
$
248,224

 
$
49,510

 
$
3,361

Denominator:
 
 
 
 
 
Basic weighted average vested shares outstanding
69,639,623

 
56,717,121

 
49,497,487

Effect of dilutive securities—contingently issuable shares and stock options

 

 

Diluted weighted average vested shares and common share equivalents outstanding
69,639,623

 
56,717,121

 
49,497,487

Basic earnings per share:
 
 
 
 
 
Loss from continuing operations available to common stockholders per share
$
(0.24
)
 
$
(0.35
)
 
$
(0.33
)
Income from discontinued operations per common share
3.80

 
1.22

 
0.40

Net income available to common stockholders per share
$
3.56

 
$
0.87

 
$
0.07

Diluted earnings per share:
 
 
 
 
 
Loss from continuing operations available to common stockholders per share
$
(0.24
)
 
$
(0.35
)
 
$
(0.33
)
Income from discontinued operations per common share
3.80

 
1.22

 
0.40

Net income available to common stockholders per share
$
3.56

 
$
0.87

 
$
0.07

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 income available to common unitholders for the years ended December 31, 2012, 2011, and 2010:
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
 
 
Income (loss) from continuing operations
$
5,447

 
$
(3,728
)
 
$
(427
)
Income from continuing operations attributable to noncontrolling interests in consolidated subsidiaries
(174
)
 
(529
)
 
(162
)
Preferred distributions
(21,088
)
 
(15,196
)
 
(15,196
)
Allocation to participating securities (nonvested units and time-based RSUs)
(1,602
)
 
(1,309
)
 
(1,151
)
Numerator for basic and diluted loss from continuing operations available to common unitholders
(17,417
)
 
(20,762
)
 
(16,936
)
Income from discontinued operations
271,654

 
71,217

 
20,313

Income from discontinued operations attributable to noncontrolling interests in consolidated subsidiaries
(464
)
 

 

Numerator for basic and diluted net income available to common unitholders
$
253,773

 
$
50,455

 
$
3,377

Denominator:
 
 
 
 
 
Basic weighted average vested units outstanding
71,403,258

 
58,437,444

 
51,220,618

Effect of dilutive securities-contingently issuable shares and stock options

 

 

Diluted weighted average vested units and common unit equivalents outstanding
71,403,258

 
58,437,444

 
51,220,618

Basic earnings per unit:
 
 
 
 
 
Loss from continuing operations available to common unitholders per unit
$
(0.24
)
 
$
(0.36
)
 
$
(0.33
)
Income from discontinued operations per common unit
3.80

 
1.22

 
0.40

Net income available to common unitholders per unit
$
3.56

 
$
0.86

 
$
0.07

Diluted earnings per unit:
 
 
 
 
 
Loss from continuing operations available to common unitholders per unit
$
(0.24
)
 
$
(0.36
)
 
$
(0.33
)
Income from discontinued operations per common unit
3.80

 
1.22

 
0.40

Net income available to common unitholders per unit
$
3.56

 
$
0.86

 
$
0.07