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Net Income Available to Common Unitholders Per Unit of the Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2023
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net income Available to Common Unitholders
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 years ended December 31, 2023, 2022 and 2021:

Year Ended December 31,
202320222021
(in thousands, except unit and per unit amounts)
Numerator:
Net income available to common stockholders$212,241 $232,615 $628,144 
Allocation to participating securities (1)
(1,233)(1,272)(1,516)
Numerator for basic and diluted net income available to common stockholders$211,008 $231,343 $626,628 
Denominator: 
Basic weighted average vested shares outstanding117,160,173 116,806,575 116,429,130 
Effect of dilutive securities 346,082 413,472 519,513 
Diluted weighted average vested shares and common stock equivalents outstanding117,506,255 117,220,047 116,948,643 
Basic earnings per share: 
Net income available to common stockholders per share$1.80 $1.98 $5.38 
Diluted earnings per share: 
Net income available to common stockholders per share$1.80 $1.97 $5.36 
_____________________ 
(1)Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.
Kilroy Realty L.P.  
Net Income Available To Common Unitholders [Line Items]  
Schedule of Net income Available to Common Unitholders
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 years ended December 31, 2023, 2022 and 2021:

Year Ended December 31,
202320222021
(in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$214,324 $234,898 $634,307 
Allocation to participating securities (1)
(1,233)(1,272)(1,516)
Numerator for basic and diluted net income available to common unitholders$213,091 $233,626 $632,791 
Denominator: 
Basic weighted average vested units outstanding118,310,747 117,957,149 117,579,704 
Effect of dilutive securities346,082 413,472 519,513 
Diluted weighted average vested units and common unit equivalents outstanding118,656,829 118,370,621 118,099,217 
Basic earnings per unit:
Net income available to common unitholders per unit$1.80 $1.98 $5.38 
Diluted earnings per unit: 
Net income available to common unitholders per unit$1.80 $1.97 $5.36 
____________________ 
(1)Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.