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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
REAL ESTATE ASSETS:    
Land and improvements $ 1,546,209 $ 1,466,166
Buildings and improvements 6,289,816 5,866,477
Undeveloped land and construction in progress 2,109,196 2,296,130
Total real estate assets held for investment 9,945,221 9,628,773
Accumulated depreciation and amortization (1,684,837) (1,561,361)
Total real estate assets held for investment, net 8,260,384 8,067,412
CASH AND CASH EQUIVALENTS (Note 4) 605,012 60,044
RESTRICTED CASH 16,300 16,300
MARKETABLE SECURITIES (Note 10) 23,175 27,098
CURRENT RECEIVABLES, NET 20,925 26,489
DEFERRED RENT RECEIVABLES, NET 358,914 337,937
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 209,637 212,805
RIGHT OF USE GROUND LEASE ASSETS (Note 9) 95,940 96,348
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 2) 68,378 55,661
TOTAL ASSETS 9,658,665 8,900,094
LIABILITIES:    
Secured debt, net (Notes 3 and 10) 256,113 258,593
Unsecured debt, net (Notes 3, and 10) 3,399,105 3,049,185
Unsecured line of credit (Notes 3 and 10) 0 245,000
Accounts payable, accrued expenses and other liabilities 401,378 418,848
Ground lease liabilities (Note 9) 98,093 98,400
Accrued dividends and distributions (Note 15) 57,600 53,219
Deferred revenue and acquisition-related intangible liabilities, net 129,264 139,488
Rents received in advance and tenant security deposits 63,523 66,503
Total liabilities 4,405,076 4,329,236
COMMITMENTS AND CONTINGENCIES (Note 9)
Stockholders’ Equity (Note 4):    
Common stock, $.01 par value, 280,000,000 and 150,000,000 shares authorized, respectively, 115,176,538 and 106,016,287 shares issued and outstanding, respectively 1,152 1,060
Additional paid-in capital 5,084,362 4,350,917
Distributions in excess of earnings (113,223) (58,467)
Total stockholders’ equity 4,972,291 4,293,510
Noncontrolling Interests (Notes 1 and 5):    
Common units of the Operating Partnership 83,502 81,917
Noncontrolling interests in consolidated property partnerships 197,796 195,431
Total noncontrolling interests 281,298 277,348
Total equity 5,253,589 4,570,858
TOTAL LIABILITIES AND EQUITY (CAPITAL) 9,658,665 8,900,094
Kilroy Realty L.P. [Member]    
REAL ESTATE ASSETS:    
Land and improvements 1,546,209 1,466,166
Buildings and improvements 6,289,816 5,866,477
Undeveloped land and construction in progress 2,109,196 2,296,130
Total real estate assets held for investment 9,945,221 9,628,773
Accumulated depreciation and amortization (1,684,837) (1,561,361)
Total real estate assets held for investment, net 8,260,384 8,067,412
CASH AND CASH EQUIVALENTS (Note 4) 605,012 60,044
RESTRICTED CASH 16,300 16,300
MARKETABLE SECURITIES (Note 10) 23,175 27,098
CURRENT RECEIVABLES, NET 20,925 26,489
DEFERRED RENT RECEIVABLES, NET 358,914 337,937
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET 209,637 212,805
RIGHT OF USE GROUND LEASE ASSETS (Note 9) 95,940 96,348
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 2) 68,378 55,661
TOTAL ASSETS 9,658,665 8,900,094
LIABILITIES:    
Secured debt, net (Notes 3 and 10) 256,113 258,593
Unsecured debt, net (Notes 3, and 10) 3,399,105 3,049,185
Unsecured line of credit (Notes 3 and 10) 0 245,000
Accounts payable, accrued expenses and other liabilities 401,378 418,848
Ground lease liabilities (Note 9) 98,093 98,400
Accrued dividends and distributions (Note 15) 57,600 53,219
Deferred revenue and acquisition-related intangible liabilities, net 129,264 139,488
Rents received in advance and tenant security deposits 63,523 66,503
Total liabilities 4,405,076 4,329,236
COMMITMENTS AND CONTINGENCIES (Note 9)
Noncontrolling Interests (Notes 1 and 5):    
Common units, 115,176,538 and 106,016,287 held by the general partner and 1,934,586 and 2,023,287 held by common limited partners issued and outstanding, respectively (Note 6) 5,049,844 4,369,758
Noncontrolling interests in consolidated property partnerships and subsidiaries (Note 1) 203,745 201,100
Total capital 5,253,589 4,570,858
TOTAL LIABILITIES AND EQUITY (CAPITAL) $ 9,658,665 $ 8,900,094