Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)

3 Months Ended

Mar. 31, 2019

Net Income Available To Common Unitholders [Line Items]

Net income available to common stockholders

The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the three months ended March 31, 2019 and 2018:

	Three Months Ended March 31,
	2019			2018
	(in thousands, except share and per share amounts)
Numerator:
Net income attributable to Kilroy Realty Corporation	$	36,903		$	36,246
Allocation to participating securities (1)	(509		)	(471		)
Numerator for basic and diluted net income available to common stockholders	$	36,394		$	35,775
Denominator:
Basic weighted average vested shares outstanding	100,901,390			98,744,220
Effect of dilutive securities	541,789			469,390
Diluted weighted average vested shares and common share equivalents outstanding	101,443,179			99,213,610
Basic earnings per share:
Net income available to common stockholders per share	$	0.36		$	0.36
Diluted earnings per share:
Net income available to common stockholders per share	$	0.36		$	0.36

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(1) Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.

Kilroy Realty L.P. [Member]

Net Income Available To Common Unitholders [Line Items]

Net income available to common stockholders

The following table reconciles the numerator and denominator in computing the Operating Partnership’s basic and diluted per-unit computations for net income available to common unitholders for the three months ended March 31, 2019 and 2018:

	Three Months Ended March 31,
	2019			2018
	(in thousands, except unit and per unit amounts)
Numerator:
Net income attributable to Kilroy Realty, L.P.	$	37,508		$	36,893
Allocation to participating securities (1)	(509		)	(471		)
Numerator for basic and diluted net income available to common unitholders	$	36,999		$	36,422
Denominator:
Basic weighted average vested units outstanding	102,925,166			100,815,477
Effect of dilutive securities	541,789			469,390
Diluted weighted average vested units and common unit equivalents outstanding	103,466,955			101,284,867
Basic earnings per unit:
Net income available to common unitholders per unit	$	0.36		$	0.36
Diluted earnings per unit:
Net income available to common unitholders per unit	$	0.36		$	0.36

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(1) Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.