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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 8) $ 263,208 $ 234,656
Other property income 2,293 990
Total revenues 265,501 235,646
EXPENSES    
Property expenses 45,424 38,859
Real estate taxes 25,870 25,266
Ground leases 1,826 1,828
General and administrative expenses (Note 7) 22,781 21,985
Leasing costs 1,013 692
Depreciation and amortization 88,660 75,932
Total expenses 185,574 164,562
OTHER INCOME (EXPENSES)    
Interest and other income, net 81 1,373
Interest expense (Note 3) (20,625) (22,334)
Gain on sale of depreciable operating property 0 457,288
Total other (expenses) income (20,544) 436,327
NET INCOME 59,383 507,411
Net income attributable to noncontrolling common units of the Operating Partnership (516) (4,886)
Net income attributable to noncontrolling interests in consolidated property partnerships (5,739) (4,894)
Total income attributable to noncontrolling interests (6,255) (9,780)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 53,128 $ 497,631
Net income available to common stockholders per share – basic (in dollars per share) $ 0.45 $ 4.27
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.45 $ 4.26
Weighted average common shares outstanding – basic (in shares) 116,650,228 116,344,375
Weighted average common shares outstanding – diluted (in shares) 117,060,094 116,801,384
Kilroy Realty L.P.    
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]
REVENUES    
Rental income (Note 8) $ 263,208 $ 234,656
Other property income 2,293 990
Total revenues 265,501 235,646
EXPENSES    
Property expenses 45,424 38,859
Real estate taxes 25,870 25,266
Ground leases 1,826 1,828
General and administrative expenses (Note 7) 22,781 21,985
Leasing costs 1,013 692
Depreciation and amortization 88,660 75,932
Total expenses 185,574 164,562
OTHER INCOME (EXPENSES)    
Interest and other income, net 81 1,373
Interest expense (Note 3) (20,625) (22,334)
Gain on sale of depreciable operating property 0 457,288
Total other (expenses) income (20,544) 436,327
NET INCOME 59,383 507,411
Total income attributable to noncontrolling interests (5,739) (4,894)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS (UNITHOLDERS) $ 53,644 $ 502,517
Net income available to common stockholders per share – basic (in dollars per share) $ 0.45 $ 4.27
Net income available to common stockholders per share – diluted (in dollars per share) $ 0.45 $ 4.26
Weighted average common shares outstanding – basic (in shares) 117,800,802 117,494,949
Weighted average common shares outstanding – diluted (in shares) 118,210,668 117,951,958