Net Income Available to Common Stockholders Per Share of the Company (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

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 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

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(1)

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