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Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
9 Months Ended
Sep. 30, 2022
Net Income Available To Common Unitholders [Line Items]  
Net Income Available to Common Stockholders
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the three and nine months ended September 30, 2022 and 2021:
 Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$79,757 $47,028 $179,990 $580,498 
Allocation to participating securities (1)
(287)(388)(980)(1,124)
Numerator for basic and diluted net income available to common stockholders$79,470 $46,640 $179,010 $579,374 
Denominator:  
Basic weighted average vested shares outstanding116,872,953 116,456,796 116,782,621 116,418,113 
Effect of dilutive securities369,458 505,884 380,528 476,321 
Diluted weighted average vested shares and common stock equivalents outstanding117,242,411 116,962,680 117,163,149 116,894,434 
Basic earnings per share:  
Net income available to common stockholders per share$0.68 $0.40 $1.53 $4.98 
Diluted earnings per share:  
Net income available to common stockholders per share$0.68 $0.40 $1.53 $4.96 
________________________ 
(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.
Kilroy Realty L.P.  
Net Income Available To Common Unitholders [Line Items]  
Net Income Available to Common Stockholders
The following table reconciles the numerator and denominator in computing the Operating Partnership’s basic and diluted per-unit computations for net income available to common unitholders for the three and nine months ended September 30, 2022 and 2021:
 Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
 (in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$80,421 $47,488 $181,685 $586,198 
Allocation to participating securities (1)
(287)(388)(980)(1,124)
Numerator for basic and diluted net income available to common unitholders$80,134 $47,100 $180,705 $585,074 
Denominator:  
Basic weighted average vested units outstanding118,023,527 117,607,370 117,933,195 117,568,687
Effect of dilutive securities369,458 505,884 380,528 476,321 
Diluted weighted average vested units and common unit equivalents outstanding118,392,985 118,113,254 118,313,723 118,045,008 
Basic earnings per unit:
Net income available to common unitholders per unit$0.68 $0.40 $1.53 $4.98 
Diluted earnings per unit:  
Net income available to common unitholders per unit$0.68 $0.40 $1.53 $4.96 
________________________ 
(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.