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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Rental income (Note 8) $ 218,633 $ 199,382
Other property income 2,695 1,820
Total revenues 221,328 201,202
EXPENSES    
Property expenses 38,983 38,149
Real estate taxes 22,202 18,639
Ground leases (Note 9) 2,317 1,972
General and administrative expenses 19,010 23,341
Leasing costs 1,456 1,757
Depreciation and amortization 74,370 66,135
Total expenses 158,338 149,993
OTHER (EXPENSES) INCOME    
Interest income and other net investment (loss) gain (Note 10) (3,128) 1,828
Interest expense (Note 3) (14,444) (11,243)
Total other (expenses) income (17,572) (9,415)
NET INCOME 45,418 41,794
Net income attributable to noncontrolling common units of the Operating Partnership (705) (700)
Net income attributable to noncontrolling interests in consolidated property partnerships (4,896) (4,191)
Total income attributable to noncontrolling interests (5,601) (4,891)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 39,817 $ 36,903
Net income available to common stockholders per share – basic (in dollars per share) $ 0.37 $ 0.36
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.37 $ 0.36
Weighted average common shares outstanding – basic (in shares) 106,875,234 100,901,390
Weighted average common shares outstanding – diluted (in shares) 107,389,575 101,443,179
Kilroy Realty L.P. [Member]    
REVENUES    
Rental income (Note 8) $ 218,633 $ 199,382
Other property income 2,695 1,820
Total revenues 221,328 201,202
EXPENSES    
Property expenses 38,983 38,149
Real estate taxes 22,202 18,639
Ground leases (Note 9) 2,317 1,972
General and administrative expenses 19,010 23,341
Leasing costs 1,456 1,757
Depreciation and amortization 74,370 66,135
Total expenses 158,338 149,993
OTHER (EXPENSES) INCOME    
Interest income and other net investment (loss) gain (Note 10) (3,128) 1,828
Interest expense (Note 3) (14,444) (11,243)
Total other (expenses) income (17,572) (9,415)
NET INCOME 45,418 41,794
Total income attributable to noncontrolling interests (5,029) (4,286)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 40,389 $ 37,508
Net income available to common stockholders per share – basic (in dollars per share) $ 0.37 $ 0.36
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.36 $ 0.36
Weighted average common shares outstanding – basic (in shares) 108,897,027 102,925,166
Weighted average common shares outstanding – diluted (in shares) 109,411,368 103,466,955