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Net Income Available to Common Unitholders Per Unit of the Operating Partnership
3 Months Ended
Mar. 31, 2020
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 months ended March 31, 2020 and 2019:

 
Three Months Ended March 31,
 
2020
 
2019
 
(in thousands, except share and per share amounts)
Numerator:
 
 
 
Net income attributable to Kilroy Realty Corporation
$
39,817

 
$
36,903

Allocation to participating securities (1)
(543
)
 
(509
)
Numerator for basic and diluted net income available to common stockholders
$
39,274

 
$
36,394

Denominator:
 
 
 
Basic weighted average vested shares outstanding
106,875,234

 
100,901,390

Effect of dilutive securities
514,341

 
541,789

Diluted weighted average vested shares and common stock equivalents outstanding
107,389,575

 
101,443,179

Basic earnings per share:
 
 
 
Net income available to common stockholders per share
$
0.37

 
$
0.36

Diluted earnings per share:
 
 
 
Net income available to common stockholders per share
$
0.37

 
$
0.36


________________________ 
(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 and other securities are considered in our diluted earnings per share calculation for the three months ended March 31, 2020 and 2019. Certain market measure-based RSUs are not included in dilutive securities for the three months ended March 31, 2020 and 2019, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 7 “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 months ended March 31, 2020 and 2019:

 
Three Months Ended March 31,
 
2020
 
2019
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
Net income attributable to Kilroy Realty, L.P.
$
40,389

 
$
37,508

Allocation to participating securities (1)
(543
)
 
(509
)
Numerator for basic and diluted net income available to common unitholders
$
39,846

 
$
36,999

Denominator:
 
 
 
Basic weighted average vested units outstanding
108,897,027

 
102,925,166

Effect of dilutive securities
514,341

 
541,789

Diluted weighted average vested units and common unit equivalents outstanding
109,411,368

 
103,466,955

Basic earnings per unit:
 
 
 
Net income available to common unitholders per unit
$
0.37

 
$
0.36

Diluted earnings per unit:
 
 
 
Net income available to common unitholders per unit
$
0.36

 
$
0.36


________________________ 
(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 and other securities are considered in our diluted earnings per share calculation for the three months ended March 31, 2020 and 2019. Certain market measure-based RSUs are not included in dilutive securities for the three months ended March 31, 2020 and 2019, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 7 “Share-Based Compensation” for additional information regarding share-based compensation.