XML 35 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9
Real Estate Assets Held for Sale and Dispositions (Details) (USD $)
3 Months Ended 0 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Jan. 15, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Gain on sale of land (Note 3) $ 17,268,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment $ 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment    
Proceeds from Sale of Real Estate Held-for-investment 25,563,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 309,824,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment    
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]        
Disposal Group, Including Discontinued Operation, Land and improvements 38,706,000krc_DisposalGroupIncludingDiscontinuedOperationLandAndImprovements      
Disposal Group, Including Discontinued Operation, Buildings and Improvements 198,125,000krc_DisposalGroupIncludingDiscontinuedOperationBuildingsandImprovements      
Disposal Group, Including Discontinued Operation, Total real estate held-for-sale 236,831,000krc_AssetsHeldForSaleLongLivedGross      
Disposal Group, Including Discontinued Operation, Accumulated depreciation and amortization 66,421,000krc_DisposalGroupIncludingDiscontinuedOperationPropertyPlantandEquipmentAccumulatedDepreciation      
Disposal Group, Including Discontinued Operation, Total real estate held for sale, net 170,410,000us-gaap_DisposalGroupIncludingDiscontinuedOperationLongLivedAssets      
Disposal Group, Including Discontinued Operation, Current receivables, net 185,000us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet      
Disposal Group, Including Discontinued Operation, Deferred rent receivables, net 7,285,000krc_DisposalGroupIncludingDiscontinuedOperationDeferredRentReceivableNet      
Disposal Group, Including Discontinued Operation, Deferred leasing costs and acquisition-related intangible assets, net 12,364,000krc_DisposalGroupIncludingDiscontinuedOperationDeferredLeasingCostsandAcquisitionrelatedIntangibleAssetsNet      
Disposal Group, Including Discontinued Operation, Prepaid expenses and other assets, net 507,000us-gaap_DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent      
Disposal Group, Including Discontinued Operation, Real estate and other assets held for sale, net 190,751,000us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation   8,211,000us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation  
Disposal Group, Including Discontinued Operation, Accounts payable, accrued expenses and other liabilities 7,376,000us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities      
Disposal Group, Including Discontinued Operation, Deferred revenue and acquisition-related intangible liabilities, net 1,367,000krc_DisposalGroupIncludingDiscontinuedOperationDeferredRevenueandAcquisitionrelatedIntangibleLiabilitiesNet      
Disposal Group, Including Discontinued Operation, Rents received in advance and tenant security deposits 1,025,000krc_DisposalGroupIncludingDiscontinuedOperationAdvanceRentsandTenantSecurityDeposits      
Disposal Group, Including Discontinued Operations, Liabilities and deferred revenue of real estate assets held for sale 9,768,000us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation   56,000us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation  
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]        
Income from discontinued operations 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 943,000us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax    
Gains on dispositions of discontinued operations 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 90,115,000us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax    
Total income from discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1] 91,058,000us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax [1]    
Redmond, WA Operating Property [Member] [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings 1us-gaap_NumberOfRealEstateProperties
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= krc_RedmondWAOperatingPropertyMemberMember
     
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]        
Net Rentable Area 122,103us-gaap_NetRentableArea
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= krc_RedmondWAOperatingPropertyMemberMember
     
San Diego Portfolio [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings 9us-gaap_NumberOfRealEstateProperties
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= krc_SanDiegoPortfolioMember
[2]      
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]        
Net Rentable Area 922,741us-gaap_NetRentableArea
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= krc_SanDiegoPortfolioMember
[2]      
Restricted cash [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Proceeds from Sale of Real Estate Held-for-investment     59,200,000us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
/ us-gaap_BalanceSheetLocationAxis
= krc_RestrictedCashMember
 
Properties Held for Sale [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings 10us-gaap_NumberOfRealEstateProperties
/ us-gaap_MajorPropertyClassAxis
= krc_PropertiesHeldforSaleMember
     
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]        
Net Rentable Area 1,044,844us-gaap_NetRentableArea
/ us-gaap_MajorPropertyClassAxis
= krc_PropertiesHeldforSaleMember
     
Properties Held for Sale [Member] | Von Karman, Irvine, California [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Dispositions Sales Price       $ 26,000,000krc_DispositionsSalesPrice
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= krc_VonKarmanIrvineCaliforniaMember
/ us-gaap_MajorPropertyClassAxis
= krc_PropertiesHeldforSaleMember
[1] The Company adopted ASU 2014-08 effective January 1, 2015 (see Note 1). As a result, properties classified as held for sale and/or disposed of subsequent to January 1, 2015 that do not represent a strategic shift are no longer presented as discontinued operations.
[2] The San Diego Properties include the following: 6260 Sequence Drive, 6290 Sequence Drive, 6310 Sequence Drive, 6340 Sequence Drive, 6350 Sequence Drive, 10770 Wateridge Circle, 4921 Directors Place, 6200 Greenwich Drive, and 6220 Greenwich Drive. The properties are being sold in two tranches. The Company completed the sale of the first tranche for gross proceeds of approximately $95.0 million on April 15, 2015.