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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Revenues $ 747,298 $ 719,001 $ 642,572
EXPENSES:      
Real estate taxes 70,820 66,449 55,206
Provision for bad debts 5,685 3,269 0
Ground leases 6,176 6,337 3,439
General and administrative expenses 90,471 60,581 57,029
Acquisition-related expenses 0 0 1,902
Depreciation and amortization 254,281 245,886 217,234
Total expenses 561,220 512,493 448,742
OTHER (EXPENSES) INCOME:      
Interest income and other net investment gain/loss (559) 5,503 1,764
Interest expense (49,721) (66,040) (55,803)
Loss on early extinguishment of debt (12,623) (5,312) 0
Net gain (loss) on sales of land 11,825 449 (295)
Gains on sales of depreciable operating properties 142,926 39,507 164,302
Total other income (expenses) 91,848 (25,893) 109,968
NET INCOME 277,926 180,615 303,798
Net income attributable to noncontrolling common units of the Operating Partnership (5,193) (3,223) (6,635)
Net income attributable to noncontrolling interests in consolidated property partnerships (14,318) (12,780) (3,375)
Total income attributable to noncontrolling interests (19,511) (16,003) (10,010)
NET INCOME ATTRIBUTABLE TO KILROY REALTY CORPORATION / KILROY REALTY, L.P. 258,415 164,612 293,788
Preferred dividends 0 (5,774) (13,250)
Original issuance costs of redeemed preferred stock and preferred units 0 (7,589) 0
Total preferred dividends 0 (13,363) (13,250)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS/UNITHOLDERS $ 258,415 $ 151,249 $ 280,538
Net income available to common stockholders per share - basic (in dollars per share) $ 2.56 $ 1.52 $ 3.00
Net income available to common stockholders per share - diluted (in dollars per share) $ 2.55 $ 1.51 $ 2.97
Weighted average shares of common stock outstanding – basic (in shares) 99,972,359 98,113,561 92,342,483
Weighted average shares of common stock outstanding – diluted (in shares) 100,482,365 98,727,331 93,023,034
Rental [Member]      
REVENUES:      
Revenues $ 656,631 $ 633,896 $ 574,413
Tenant reimbursements [Member]      
REVENUES:      
Revenues 80,982 76,559 61,079
Other property income [Member]      
REVENUES:      
Revenues 9,685 8,546 7,080
Real estate [Member]      
EXPENSES:      
Property expenses $ 133,787 $ 129,971 $ 113,932