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Partners' Capital of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2020
Class of Stock [Line Items]  
Schedule of common stock sales under the at-the-market offering
The following table sets forth information regarding settlements of forward equity sale agreements under our at-the-market offering program for the year ended December 31, 2020:

Year Ended December 31, 2020
(in millions, except share and per share data)
Shares of common stock settled during the period3,147,110 
Weighted average price per share of common stock$80.08 
Aggregate gross proceeds$252.0 
Aggregate net proceeds after selling commissions$247.3 
The following table sets forth information regarding direct sales of our common stock under our at-the-market offering programs for the year ended December 31, 2018:
Year Ended December 31, 2018
(in millions, except share and per share data)
Shares of common stock sold during the period1,817,195 
Weighted average price per share of common stock$73.64 
Aggregate gross proceeds$133.8 
Aggregate net proceeds after selling commissions$132.1 
Schedule of accrued dividends and distributions
The following tables summarize accrued dividends and distributions for the noted outstanding shares of common stock and noncontrolling units as of December 31, 2020 and 2019:

December 31,
20202019
(in thousands)
Dividends and Distributions payable to:
Common stockholders$58,018 $51,418 
Noncontrolling common unitholders of the Operating Partnership575 981 
RSU holders (1)
838 820 
Total accrued dividends and distribution to common stockholders and noncontrolling unitholders$59,431 $53,219 
_____________________
(1)The amount includes the value of the dividend equivalents that will be paid with additional RSUs (see Note 15 “Share-Based and Other Compensation” for additional information).
Schedule of outstanding shares of common stock, preferred stock and noncontrolling units
 December 31,
 20202019
Outstanding Shares and Units:
Common stock (1)
116,035,827 106,016,287 
Noncontrolling common units1,150,574 2,023,287 
RSUs (2)
1,638,026 1,651,905 
_____________________
(1)The amount includes nonvested shares.
(2)The amount includes nonvested RSUs. Does not include 873,709 and 932,675 market measure-based RSUs because not all the necessary performance conditions have been met as of December 31, 2020 and 2019, respectively. Refer to Note 15 “Share-Based and Other Compensation” for additional information.
Kilroy Realty L.P. [Member]  
Class of Stock [Line Items]  
Schedule of common stock sales under the at-the-market offering During the year ended December 31, 2018, the Company utilized its at-the-market stock offering programs to issue shares of common stock. See Note 13 “Stockholders’ Equity of the Company” for additional information. The net
offering proceeds contributed by the Company to the Operating Partnership in exchange for common units for the year ended December 31, 2020 and 2018 are as follows:
Year Ended December 31,
20202018
(in millions except share and per share data)
Shares of common stock contributed by the Company3,147,110 1,817,195 
Common units exchanged for shares of common stock by the Company3,147,110 1,817,195 
Aggregate gross proceeds$252.0 $133.8 
Aggregate net proceeds after selling commissions$247.3 $132.1 
Redeemable noncontrolling interest
The following table sets forth the number of common units held by the Company and the number of common units held by non-affiliated investors and certain of our executive officers and directors in the form of noncontrolling common units as well as the ownership interest held on each respective date:
December 31, 2020December 31, 2019
Company owned common units in the Operating Partnership116,035,827 106,016,287 
Company owned general partnership interest99.0 %98.1 %
Noncontrolling common units of the Operating Partnership1,150,574 2,023,287 
Ownership interest of noncontrolling interest1.0 %1.9 %
Schedule of accrued dividends and distributions
The following tables summarize accrued distributions for the noted common units as of December 31, 2020 and 2019:

December 31, 2020December 31, 2019
 (in thousands)
Distributions payable to:
General partner$58,018 $51,418 
Common limited partners575 981 
RSU holders (1)
838 820 
Total accrued distributions to common unitholders$59,431 $53,219 
_____________________
(1)The amount includes the value of the dividend equivalents that will be paid with additional RSUs (see Note 15 “Share-Based and Other Compensation” for additional information).
Schedule of outstanding shares of common stock, preferred stock and noncontrolling units
December 31, 2020December 31, 2019
Outstanding Units:
Common units held by the general partner116,035,827 106,016,287 
Common units held by the limited partners1,150,574 2,023,287 
RSUs (1)
1,638,026 1,651,905 
_____________________
(1)Does not include 873,709 and 932,675 market measure-based RSUs because not all the necessary performance conditions have been met as of December 31, 2020 and 2019, respectively. Refer to Note 15 “Share-Based and Other Compensation” for additional information.