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Net Income (Loss) Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
3 Months Ended
Mar. 31, 2014
Net Income (Loss) Available To Common Unitholders [Line Items]  
Net income (loss) 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 (loss) available to common stockholders for the three months ended March 31, 2014 and 2013:

 
Three Months Ended March 31,
 
2014
 
2013
 
(in thousands, except share and
per share amounts)
Numerator:
 
 
 
Income from continuing operations
$
11,440

 
$
186

(Income) loss from continuing operations attributable to noncontrolling common units of the Operating Partnership
(172
)
 
72

Preferred dividends
(3,313
)
 
(3,313
)
Allocation to participating securities (1)
(427
)
 
(418
)
Numerator for basic and diluted income (loss) from continuing operations available to common stockholders
7,528

 
(3,473
)
Income from discontinued operations
90,492

 
2,202

Income from discontinued operations attributable to noncontrolling common units of the Operating Partnership
(1,915
)
 
(50
)
Numerator for basic and diluted net income (loss) available to common stockholders
$
96,105

 
$
(1,321
)
Denominator:
 
 
 
Basic weighted average vested shares outstanding
82,124,538

 
74,977,240

Effect of dilutive securities
2,015,532

 

Diluted weighted average vested shares and common share equivalents outstanding
84,140,070

 
74,977,240

Basic earnings per share:
 
 
 
Income (loss) from continuing operations available to common stockholders per share
$
0.09

 
$
(0.05
)
Income from discontinued operations per common share
1.08

 
0.03

Net income (loss) available to common stockholders per share
$
1.17

 
$
(0.02
)
Diluted earnings per share:
 
 
 
Income (loss) from continuing operations available to common stockholders per share
$
0.09

 
$
(0.05
)
Income from discontinued operations per common share
1.05

 
0.03

Net income (loss) available to common stockholders per share
$
1.14

 
$
(0.02
)
________________________ 
(1)
Participating securities include nonvested shares, certain time-based RSUs and vested market-measure RSUs.

Kilroy Realty, L.P. [Member]
 
Net Income (Loss) Available To Common Unitholders [Line Items]  
Net income (loss) 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 (loss) available to common unitholders for the three months ended March 31, 2014 and 2013:

 
Three Months Ended March 31,
 
2014
 
2013
 
(in thousands, except unit and
per unit amounts)
Numerator:
 
 
 
Income from continuing operations
$
11,440

 
$
186

Income from continuing operations attributable to noncontrolling interests in consolidated subsidiaries
(65
)
 
(69
)
Preferred distributions
(3,313
)
 
(3,313
)
Allocation to participating securities (1)
(427
)
 
(418
)
Numerator for basic and diluted income (loss) from continuing operations available to common unitholders
7,635

 
(3,614
)
Income from discontinued operations
90,492

 
2,202

Numerator for basic and diluted net income (loss) available to common unitholders
$
98,127

 
$
(1,412
)
Denominator:
 
 
 
Basic weighted average vested units outstanding
83,928,993

 
76,803,743

Effect of dilutive securities
2,015,532

 

Diluted weighted average vested units and common unit equivalents outstanding
85,944,525

 
76,803,743

Basic earnings per unit:
 
 
 
Income (loss) from continuing operations available to common unitholders per unit
$
0.09

 
$
(0.05
)
Income from discontinued operations per common unit
1.08

 
0.03

Net income (loss) available to common unitholders per unit
$
1.17

 
$
(0.02
)
Diluted earnings per unit:
 
 
 
Income (loss) from continuing operations available to common unitholders per unit
$
0.09

 
$
(0.05
)
Income from discontinued operations per common unit
1.05

 
0.03

Net income (loss) available to common unitholders per unit
$
1.14

 
$
(0.02
)

________________________ 
(1)
Participating securities include nonvested shares, certain time-based RSUs and vested market-measure RSUs.