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Net Income Available to Common Unitholders Per Unit of the Operating Partnership
 6 Months Ended
Jun. 30, 2019
Net Income Available To Common Unitholders [Line Items]  
Net Income Available to Common Unitholders Per Unit of the Operating Partnership Net Income Available to Common Stockholders Per Share of the Company

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 and six months ended June 30, 2019 and 2018:

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except share and per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income attributable to Kilroy Realty Corporation
$
42,194

 
$
27,549

 
$
79,097

 
$
63,795

Allocation to participating securities (1)
(543
)
 
(514
)
 
(1,052
)
 
(985
)
Numerator for basic and diluted net income available to common stockholders
$
41,651

 
$
27,035

 
$
78,045

 
$
62,810

Denominator:
 
 
 
 
 
 
 
Basic weighted average vested shares outstanding
100,972,355

 
99,691,700

 
100,937,069

 
99,220,577

Effect of dilutive securities
837,186

 
459,156

 
681,884

 
467,105

Diluted weighted average vested shares and common share equivalents outstanding
101,809,541

 
100,150,856

 
101,618,953

 
99,687,682

Basic earnings per share:
 
 
 
 
 
 
 
Net income available to common stockholders per share
$
0.41

 
$
0.27

 
$
0.77

 
$
0.63

Diluted earnings per share:
 
 
 
 
 
 
 
Net income available to common stockholders per share
$
0.41

 
$
0.27

 
$
0.77

 
$
0.63


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

Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common shares, including stock options, RSUs, shares issuable under forward equity sale agreements and other securities are considered in our diluted earnings per share calculation for the three and six months ended June 30, 2019 and 2018. Certain market measure-based RSUs are not included in dilutive securities for the three and six months ended June 30, 2019 and 2018, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 8 “Share-Based Compensation” for additional information regarding share-based compensation.
Kilroy Realty L.P. [Member]  
Net Income Available To Common Unitholders [Line Items]  
Net Income Available to Common Unitholders Per Unit of the Operating Partnership Net Income Available to Common Unitholders Per Unit of the Operating Partnership

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 and six months ended June 30, 2019 and 2018:

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
 
 
 
 
Net income attributable to Kilroy Realty, L.P.
$
42,901

 
$
28,015

 
$
80,409

 
$
64,908

Allocation to participating securities (1)
(543
)
 
(514
)
 
(1,052
)
 
(985
)
Numerator for basic and diluted net income available to common unitholders
$
42,358

 
$
27,501

 
$
79,357

 
$
63,923

Denominator:
 
 
 
 
 
 
 
Basic weighted average vested units outstanding
102,995,642

 
101,762,390

 
102,960,599

 
101,291,549
Effect of dilutive securities
837,186

 
459,156

 
681,884

 
467,105

Diluted weighted average vested units and common unit equivalents outstanding
103,832,828

 
102,221,546

 
103,642,483

 
101,758,654

Basic earnings per unit:
 
 
 
 
 
 
 
Net income available to common unitholders per unit
$
0.41

 
$
0.27

 
$
0.77

 
$
0.63

Diluted earnings per unit:
 
 
 
 
 
 
 
Net income available to common unitholders per unit
$
0.41

 
$
0.27

 
$
0.77

 
$
0.63


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

Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common units, including stock options, RSUs, shares issuable under forward equity sale agreements and other securities are considered in our diluted earnings per share calculation for the three and six months ended June 30, 2019 and 2018. Certain market measure-based RSUs are not included in dilutive securities for the three and six months ended June 30, 2019 and 2018, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 8 “Share-Based Compensation” for additional information regarding share-based compensation.