Quarterly Financial Information of the Operating Partnership (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Summarized Quarterly Financial Data

Summarized quarterly financial data for the years ended December 31, 2014 and 2013 was as follows:



	2014 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per share amounts)
Revenues from continuing operations ⁽²⁾	$	123,758		$	127,178		$	129,024		$	141,765
Income from continuing operations ⁽²⁾	10,874			15,854			13,168			19,417
Income from discontinued operations ⁽²⁾	91,058			15,289			6,135			12,013
Net income	101,932			31,143			19,303			31,430
Net income attributable to Kilroy Realty Corporation	99,845			30,540			18,982			30,852
Preferred dividends and distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common stockholders	96,532			27,228			15,669			27,540
Net income available to common stockholders per share – basic	1.17			0.33			0.18			0.32
Net income available to common stockholders per share – diluted	1.14			0.32			0.18			0.32

	2013 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per share amounts)
Revenues from continuing operations ⁽²⁾	$	109,107		$	115,855		$	113,545		$	118,604
(Loss) income from continuing operations ⁽²⁾	(225		)	6,942			3,180			5,038
Income from discontinued operations ⁽²⁾	2,613			3,161			5,847			18,009
Net income	2,388			10,103			9,027			23,047
Net income attributable to Kilroy Realty Corporation	2,410			9,946			8,896			22,628
Preferred dividends and distributions	(3,313		)	(3,313		)	(3,312		)	(3,312		)
Net (loss) income available to common stockholders	(903		)	6,633			5,584			19,316
Net (loss) income available to common stockholders per share – basic	(0.02		)	0.08			0.07			0.23
Net (loss) income available to common stockholders per share – diluted	(0.02		)	0.08			0.07			0.23

____________________

(1)

The summation of the quarterly financial data may not equal the annual number reported on the consolidated statements of operations due to rounding. The summation of the quarterly net income (loss) available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to the Company's public offerings of common stock and its at-the-market stock offering programs that occurred during the years ended December 31, 2014 and 2013.


(2)	All periods have been adjusted from amounts previously disclosed in our quarterly filings on Form 10-Q to reclassify amounts related to discontinued operations (see Note 18 “Discontinued Operations” for additional information).

Kilroy Realty, L.P. [Member]

Schedule of Summarized Quarterly Financial Data

Summarized quarterly financial data for the years ended December 31, 2014 and 2013 was as follows:



	2014 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per unit amounts)
Revenues from continuing operations⁽²⁾	$	123,758		$	127,178		$	129,024		$	141,765
Income from continuing operations ⁽²⁾	10,874			15,854			13,168			19,417
Income from discontinued operations ⁽²⁾	91,058			15,289			6,135			12,013
Net income	101,932			31,143			19,303			31,430
Net income attributable to the Operating Partnership	101,867			31,066			19,244			31,371
Preferred distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common unitholders	98,554			27,754			15,931			28,059
Net income available to common unitholders per unit – basic	1.17			0.33			0.18			0.32
Net income available to common unitholders per unit – diluted	1.14			0.32			0.18			0.31

	2013 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per unit amounts)
Revenues from continuing operations ⁽²⁾	$	109,107		$	115,855		$	113,545		$	118,604
(Loss) income from continuing operations ⁽²⁾	(225		)	6,942			3,180			5,038
Income from discontinued operations ⁽²⁾	2,613			3,161			5,847			18,009
Net income	2,388			10,103			9,027			23,047
Net income attributable to the Operating Partnership	2,319			10,041			8,980			23,001
Preferred distributions	(3,313		)	(3,313		)	(3,312		)	(3,312		)
Net (loss) income available to common unitholders	(994		)	6,728			5,668			19,689
Net (loss) income available to common unitholders per unit – basic	(0.02		)	0.08			0.07			0.23
Net (loss) income available to common unitholders per unit – diluted	(0.02		)	0.08			0.07			0.23

___________________

(1)

The summation of the quarterly financial data may not equal the annual number reported on the consolidated statements of operations due to rounding. The summation of the quarterly net income (loss) available to common unitholders per unit does not equal the annual number reported on the consolidated statements of operations due to the impact of the Company's public offerings of common stock and its at-the-market stock offering programs that occurred during the years ended December 31, 2014 and 2013.


(2)	All periods have been adjusted from amounts previously disclosed in our quarterly filings on Form 10-Q to reclassify amounts related to discontinued operations (see Note 18 “Discontinued Operations”).