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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
REAL ESTATE ASSETS:    
Land and improvements $ 1,506,357 $ 1,466,166
Buildings and improvements 5,997,523 5,866,477
Undeveloped land and construction in progress 2,318,236 2,296,130
Total real estate assets held for investment 9,822,116 9,628,773
Accumulated depreciation and amortization (1,622,369) (1,561,361)
Total real estate assets held for investment, net 8,199,747 8,067,412
CASH AND CASH EQUIVALENTS (Note 4) 762,134 60,044
RESTRICTED CASH 16,300 16,300
MARKETABLE SECURITIES (Note 10) 19,984 27,098
CURRENT RECEIVABLES, NET 16,534 26,489
DEFERRED RENT RECEIVABLES, NET 352,352 337,937
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 204,392 212,805
RIGHT OF USE GROUND LEASE ASSETS (Note 9) 96,145 96,348
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 2) 67,559 55,661
TOTAL ASSETS 9,735,147 8,900,094
LIABILITIES:    
Secured debt, net (Notes 3 and 10) 257,359 258,593
Unsecured debt, net (Notes 3, 10 and 15) 3,050,103 3,049,185
Unsecured line of credit (Notes 3 and 10) 380,000 245,000
Accounts payable, accrued expenses and other liabilities 417,547 418,848
Ground lease liabilities (Note 9) 98,247 98,400
Accrued dividends and distributions (Note 15) 57,620 53,219
Deferred revenue and acquisition-related intangible liabilities, net 130,843 139,488
Rents received in advance and tenant security deposits 65,913 66,503
Total liabilities 4,457,632 4,329,236
COMMITMENTS AND CONTINGENCIES (Note 9)
Stockholders’ Equity (Note 4):    
Common stock, $.01 par value, 150,000,000 shares authorized, 115,067,924 and 106,016,287 shares issued and outstanding, respectively 1,151 1,060
Additional paid-in capital 5,067,181 4,350,917
Distributions in excess of earnings (76,182) (58,467)
Total stockholders’ equity 4,992,150 4,293,510
Noncontrolling Interests (Notes 1 and 5):    
Common units of the Operating Partnership 87,655 81,917
Noncontrolling interests in consolidated property partnerships 197,710 195,431
Total noncontrolling interests 285,365 277,348
Total equity 5,277,515 4,570,858
TOTAL LIABILITIES AND EQUITY (CAPITAL) 9,735,147 8,900,094
Kilroy Realty L.P. [Member]    
REAL ESTATE ASSETS:    
Land and improvements 1,506,357 1,466,166
Buildings and improvements 5,997,523 5,866,477
Undeveloped land and construction in progress 2,318,236 2,296,130
Total real estate assets held for investment 9,822,116 9,628,773
Accumulated depreciation and amortization (1,622,369) (1,561,361)
Total real estate assets held for investment, net 8,199,747 8,067,412
CASH AND CASH EQUIVALENTS (Note 4) 762,134 60,044
RESTRICTED CASH 16,300 16,300
MARKETABLE SECURITIES (Note 10) 19,984 27,098
CURRENT RECEIVABLES, NET 16,534 26,489
DEFERRED RENT RECEIVABLES, NET 352,352 337,937
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 204,392 212,805
RIGHT OF USE GROUND LEASE ASSETS (Note 9) 96,145 96,348
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 2) 67,559 55,661
TOTAL ASSETS 9,735,147 8,900,094
LIABILITIES:    
Secured debt, net (Notes 3 and 10) 257,359 258,593
Unsecured debt, net (Notes 3, 10 and 15) 3,050,103 3,049,185
Unsecured line of credit (Notes 3 and 10) 380,000 245,000
Accounts payable, accrued expenses and other liabilities 417,547 418,848
Ground lease liabilities (Note 9) 98,247 98,400
Accrued dividends and distributions (Note 15) 57,620 53,219
Deferred revenue and acquisition-related intangible liabilities, net 130,843 139,488
Rents received in advance and tenant security deposits 65,913 66,503
Total liabilities 4,457,632 4,329,236
COMMITMENTS AND CONTINGENCIES (Note 9)
Noncontrolling Interests (Notes 1 and 5):    
Common units, 115,067,924 and 106,016,287 held by the general partner and 2,021,287 and 2,023,287 held by common limited partners issued and outstanding, respectively (Note 6) 5,074,003 4,369,758
Noncontrolling interests in consolidated property partnerships and subsidiaries (Note 1) 203,512 201,100
Total capital 5,277,515 4,570,858
TOTAL LIABILITIES AND EQUITY (CAPITAL) $ 9,735,147 $ 8,900,094