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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:      
Rental income $ 574,413 $ 525,355 $ 466,328
Tenant reimbursements 61,079 53,774 46,717
Other property income 7,080 2,146 8,680
Total revenues 642,572 581,275 521,725
EXPENSES:      
Property expenses 113,932 105,378 100,514
Real estate taxes 55,206 50,223 45,197
Provision for bad debts 0 545 58
Ground leases 3,439 3,096 3,075
General and administrative expenses 57,029 48,265 46,152
Acquisition-related expenses 1,902 497 1,479
Depreciation and amortization 217,234 204,294 202,417
Total expenses 448,742 412,298 398,892
OTHER (EXPENSES) INCOME:      
Interest income and other net investment gains (losses) 1,764 243 561
Interest expense (55,803) (57,682) (67,571)
Total other (expenses) income (54,039) (57,439) (67,010)
INCOME FROM CONTINUING OPERATIONS BEFORE GAINS ON SALES OF REAL ESTATE 139,791 111,538 55,823
Net (loss) gain on sales of land (295) 17,116 3,490
Gains on sales of depreciable operating properties 164,302 109,950 0
INCOME FROM CONTINUING OPERATIONS 303,798 238,604 59,313
DISCONTINUED OPERATIONS      
Income from discontinued operations 0 0 2,573
Net gain on dispositions of discontinued operations 0 0 121,922
Total income from discontinued operations 0 0 124,495
NET INCOME 303,798 238,604 183,808
Net income attributable to noncontrolling common units of the Operating Partnership (6,635) (4,339) (3,589)
Net income attributable to noncontrolling interests in consolidated property partnerships 3,375 184 0
Total income attributable to noncontrolling interests (10,010) (4,523) (3,589)
NET INCOME ATTRIBUTABLE TO KILROY REALTY CORPORATION 293,788 234,081 180,219
PREFERRED DISTRIBUTIONS AND DIVIDENDS:      
PREFERRED DIVIDENDS (13,250) (13,250) (13,250)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 280,538 $ 220,831 $ 166,969
Income (loss) from continuing operations available to common stockholders per share (dollars per share) $ 3.00 $ 2.44 $ 0.52
Income (loss) from continuing operations available to common stockholders per share (dollars per share) 2.97 2.42 0.51
Net income available to common stockholders per share-basic 3.00 2.44 1.99
Net income available to common stockholders per share-diluted $ 2.97 $ 2.42 $ 1.95
Weighted average shares of common stock outstanding – basic 92,342,483 89,854,096 83,090,235
Weighted average shares of common stock outstanding – diluted 93,023,034 90,395,775 84,967,720