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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
Rental income $ 112,056 $ 101,607
Tenant reimbursements 11,572 9,130
Other property income (Note 12) 2,157 227
Total revenues 125,785 110,964
EXPENSES:    
Property expenses 25,094 22,805
Real estate taxes 11,173 9,664
Provision for bad debts 0 95
Ground leases 762 847
General and administrative expenses 10,811 9,669
Acquisition-related expenses 228 655
Depreciation and amortization 49,202 47,701
Total expenses 97,270 91,436
OTHER (EXPENSES) INCOME:    
Interest income and other net investment gains (Note 11) 177 392
Interest expense (Note 5) (17,252) (19,734)
Total other (expenses) income (17,075) (19,342)
INCOME FROM CONTINUING OPERATIONS 11,440 186
DISCONTINUED OPERATIONS (Note 13)    
Income from discontinued operations 377 2,202
Net gain on dispositions of discontinued operations 90,115 0
Total income from discontinued operations 90,492 2,202
NET INCOME 101,932 2,388
Net (income) loss attributable to noncontrolling common units of the Operating Partnership (2,087) 22
NET INCOME ATTRIBUTABLE TO KILROY REALTY CORPORATION 99,845 2,410
Preferred dividends (3,313) (3,313)
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS $ 96,532 $ (903)
Income (loss) from continuing operations available to common stockholders per common share – basic (Note 14) $ 0.09 $ (0.05)
Income (loss) from continuing operations available to common stockholders per common share – diluted (Note 14) $ 0.09 $ (0.05)
Net income (loss) available to common stockholders per share – basic (Note 14) $ 1.17 $ (0.02)
Net income (loss) available to common stockholders per share – diluted (Note 14) $ 1.14 $ (0.02)
Weighted average common shares outstanding – basic (Note 14) 82,124,538 74,977,240
Weighted average common shares outstanding – diluted (Note 14) 84,140,070 74,977,240
Dividends declared per common share $ 0.35 $ 0.35