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

12 Months Ended

Dec. 31, 2016

Schedule of summarized quarterly financial data

Summarized quarterly financial data for the years ended December 31, 2016 and 2015 was as follows:



	2016 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per share amounts)
Revenues	$	145,446		$	160,133		$	168,348		$	168,645
Net income	178,113			33,892			56,375			35,418
Net income attributable to Kilroy Realty Corporation	174,308			32,847			53,895			32,738
Preferred dividends and distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common stockholders	170,995			29,535			50,582			29,426
Net income available to common stockholders per share – basic	1.85			0.32			0.54			0.29
Net income available to common stockholders per share – diluted	1.84			0.31			0.54			0.29

	2015 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per share amounts)
Revenues	$	146,082		$	146,227		$	141,553		$	147,413
Net income	44,002			58,590			106,704			29,308
Net income attributable to Kilroy Realty Corporation	43,187			57,500			104,759			28,635
Preferred dividends and distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common stockholders	39,874			54,188			101,446			25,323
Net income available to common stockholders per share – basic	0.45			0.61			1.10			0.27
Net income available to common stockholders per share – diluted	0.45			0.61			1.09			0.27

____________________

(1)

The summation of the quarterly financial data may not equal the annual number reported on the consolidated statements of operations due to rounding. For the year ended December 31, 2016, the summation of the quarterly net income available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to the Company's repurchase of common stock and its at-the-market stock offering programs that occurred during the year. For the year ended December 31, 2015, the summation of the quarterly net income available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to public offerings of common stock and its at-the-market stock offering programs that occurred during the year.

Kilroy Realty, L.P. [Member]

Schedule of summarized quarterly financial data

Summarized quarterly financial data for the years ended December 31, 2016 and 2015 was as follows:



	2016 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per unit amounts)
Revenues	$	145,446		$	160,133		$	168,348		$	168,645
Net income	178,113			33,892			56,375			35,418
Net income attributable to the Operating Partnership	177,833			33,590			55,254			33,386
Preferred distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common unitholders	174,520			30,278			51,941			30,074
Net income available to common unitholders per unit – basic	1.85			0.31			0.54			0.29
Net income available to common unitholders per unit – diluted	1.84			0.31			0.54			0.29

	2015 Quarter Ended ⁽¹⁾
	March 31,			June 30,			September 30,			December 31,
	(in thousands, except per unit amounts)
Revenues	$	146,082		$	146,227		$	141,553		$	147,413
Net income	44,002			58,590			106,704			29,308
Net income attributable to the Operating Partnership	43,927			58,518			106,640			29,052
Preferred distributions	(3,313		)	(3,312		)	(3,313		)	(3,312		)
Net income available to common unitholders	40,614			55,206			103,327			25,740
Net income available to common unitholders per unit – basic	0.45			0.61			1.10			0.27
Net income available to common unitholders per unit – diluted	0.45			0.61			1.09			0.27

___________________

(1)

The summation of the quarterly financial data may not equal the annual number reported on the consolidated statements of operations due to rounding. For the year ended December 31, 2016, the summation of the quarterly net income available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to the issuance of common units in connection with an acquisition, the Company’s repurchase of common stock and the its at-the-market stock offering programs that occurred during the year. For the year ended December 31, 2015, the summation of the quarterly net income available to common stockholders per share does not equal the annual number reported on the consolidated statements of operations due to public offerings of common stock and the Company’s at-the-market stock offering programs that occurred during the year.