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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember      
REVENUES        
Rental income (Note 8) $ 218,356 $ 197,629 $ 436,989 $ 397,011
Other property income 1,067 2,863 3,762 4,683
Total revenues 219,423 200,492 440,751 401,694
EXPENSES        
Property expenses 37,829 38,536 76,812 76,685
Real estate taxes 21,854 17,926 44,056 36,565
Ground leases (Note 9) 2,330 2,114 4,647 4,086
General and administrative expenses (Notes 7 and 10) 38,597 19,857 57,607 43,198
Leasing costs 1,330 2,650 2,786 4,407
Depreciation and amortization 80,085 68,252 154,455 134,387
Total expenses 182,025 149,335 340,363 299,328
OTHER (EXPENSES) INCOME        
Interest income and other net investment gain (loss) (Note 10) 2,838 616 (290) 2,444
Interest expense (Note 3) (15,884) (11,727) (30,328) (22,970)
Gains on sales of depreciable operating properties 0 7,169 0 7,169
Total other (expenses) income (13,046) (3,942) (30,618) (13,357)
NET INCOME 24,352 47,215 69,770 89,009
Net income attributable to noncontrolling common units of the Operating Partnership (367) (871) (1,072) (1,571)
Net income attributable to noncontrolling interests in consolidated property partnerships (4,367) (4,150) (9,263) (8,341)
Total income attributable to noncontrolling interests (4,734) (5,021) (10,335) (9,912)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 19,618 $ 42,194 $ 59,435 $ 79,097
Net income available to common stockholders per share – basic (in dollars per share) $ 0.17 $ 0.41 $ 0.53 $ 0.77
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.17 $ 0.41 $ 0.52 $ 0.77
Weighted average common shares outstanding – basic (in shares) 115,084,897 100,972,355 110,980,066 100,937,069
Weighted average common shares outstanding – diluted (in shares) 115,539,725 101,809,541 111,464,647 101,618,953
Kilroy Realty L.P. [Member]        
REVENUES        
Rental income (Note 8) $ 218,356 $ 197,629 $ 436,989 $ 397,011
Other property income 1,067 2,863 3,762 4,683
Total revenues 219,423 200,492 440,751 401,694
EXPENSES        
Property expenses 37,829 38,536 76,812 76,685
Real estate taxes 21,854 17,926 44,056 36,565
Ground leases (Note 9) 2,330 2,114 4,647 4,086
General and administrative expenses (Notes 7 and 10) 38,597 19,857 57,607 43,198
Leasing costs 1,330 2,650 2,786 4,407
Depreciation and amortization 80,085 68,252 154,455 134,387
Total expenses 182,025 149,335 340,363 299,328
OTHER (EXPENSES) INCOME        
Interest income and other net investment gain (loss) (Note 10) 2,838 616 (290) 2,444
Interest expense (Note 3) (15,884) (11,727) (30,328) (22,970)
Gains on sales of depreciable operating properties 0 7,169 0 7,169
Total other (expenses) income (13,046) (3,942) (30,618) (13,357)
NET INCOME 24,352 47,215 69,770 89,009
Total income attributable to noncontrolling interests (4,514) (4,314) (9,543) (8,600)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 19,838 $ 42,901 $ 60,227 $ 80,409
Net income available to common stockholders per share – basic (in dollars per share) $ 0.16 $ 0.41 $ 0.52 $ 0.77
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.16 $ 0.41 $ 0.52 $ 0.77
Weighted average common shares outstanding – basic (in shares) 117,098,562 102,995,642 112,997,795 102,960,599
Weighted average common shares outstanding – diluted (in shares) 117,553,390 103,832,828 113,482,376 103,642,483