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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember    
REVENUES        
Rental income (Note 10) $ 224,473 $ 218,356 $ 459,129 $ 436,989
Other property income 1,510 1,067 2,500 3,762
Total revenues 225,983 219,423 461,629 440,751
EXPENSES        
Property expenses 40,482 37,829 79,341 76,812
Real estate taxes 22,109 21,854 47,375 44,056
Ground leases (Note 11) 2,023 2,330 3,851 4,647
General and administrative expenses (Note 9) 24,507 38,597 46,492 57,607
Leasing costs 883 1,330 1,575 2,786
Depreciation and amortization 73,589 80,085 149,521 154,455
Total expenses 163,593 182,025 328,155 340,363
OTHER INCOME (EXPENSES)        
Interest income and other net investment gain (loss) (Note 12) 1,337 2,838 2,710 (290)
Interest expense (Note 5) (21,390) (15,884) (43,724) (30,328)
Gain on sale of depreciable operating property (Note 3) 543 0 457,831 0
Total other (expenses) income (19,510) (13,046) 416,817 (30,618)
NET INCOME 42,880 24,352 550,291 69,770
Net income attributable to noncontrolling common units of the Operating Partnership (354) (367) (5,240) (1,072)
Net income attributable to noncontrolling interests in consolidated property partnerships (6,687) (4,367) (11,581) (9,263)
Total income attributable to noncontrolling interests (7,041) (4,734) (16,821) (10,335)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 35,839 $ 19,618 $ 533,470 $ 59,435
Net income available to common stockholders per share – basic (in dollars per share) $ 0.30 $ 0.17 $ 4.58 $ 0.53
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.30 $ 0.17 $ 4.56 $ 0.52
Weighted average common shares outstanding – basic (in shares) 116,451,931 115,084,897 116,398,450 110,980,066
Weighted average common shares outstanding – diluted (in shares) 116,917,463 115,539,725 116,859,745 111,464,647
Kilroy Realty L.P. [Member]        
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember    
REVENUES        
Rental income (Note 10) $ 224,473 $ 218,356 $ 459,129 $ 436,989
Other property income 1,510 1,067 2,500 3,762
Total revenues 225,983 219,423 461,629 440,751
EXPENSES        
Property expenses 40,482 37,829 79,341 76,812
Real estate taxes 22,109 21,854 47,375 44,056
Ground leases (Note 11) 2,023 2,330 3,851 4,647
General and administrative expenses (Note 9) 24,507 38,597 46,492 57,607
Leasing costs 883 1,330 1,575 2,786
Depreciation and amortization 73,589 80,085 149,521 154,455
Total expenses 163,593 182,025 328,155 340,363
OTHER INCOME (EXPENSES)        
Interest income and other net investment gain (loss) (Note 12) 1,337 2,838 2,710 (290)
Interest expense (Note 5) (21,390) (15,884) (43,724) (30,328)
Gain on sale of depreciable operating property (Note 3) 543 0 457,831 0
Total other (expenses) income (19,510) (13,046) 416,817 (30,618)
NET INCOME 42,880 24,352 550,291 69,770
Total income attributable to noncontrolling interests (6,687) (4,514) (11,581) (9,543)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 36,193 $ 19,838 $ 538,710 $ 60,227
Net income available to common stockholders per share – basic (in dollars per share) $ 0.30 $ 0.16 $ 4.58 $ 0.52
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.30 $ 0.16 $ 4.56 $ 0.52
Weighted average common shares outstanding – basic (in shares) 117,602,505 117,098,562 117,549,024 112,997,795
Weighted average common shares outstanding – diluted (in shares) 118,068,037 117,553,390 118,010,319 113,482,376