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CONSOLIDATED BALANCE SHEETS (KILROY REALTY, L.P.) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
REAL ESTATE ASSETS (Notes 2, 3 and 4):    
Land and improvements $ 1,743,170 $ 1,738,242
Buildings and improvements 8,463,674 8,302,081
Undeveloped land and construction in progress 2,034,804 1,691,860
Total real estate assets held for investment 12,241,648 11,732,183
Accumulated depreciation and amortization (2,518,304) (2,218,710)
Total real estate assets held for investment, net 9,723,344 9,513,473
CASH AND CASH EQUIVALENTS (Note 24) 510,163 347,379
MARKETABLE SECURITIES (Notes 5, 17 and 20) 284,670 23,547
CURRENT RECEIVABLES, NET (Notes 2 and 6) 13,609 20,583
DEFERRED RENT RECEIVABLES, NET (Notes 2 and 6) 460,979 452,200
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 2, 3 and 7) 229,705 250,846
RIGHT OF USE GROUND LEASE ASSETS (Note 19) 125,506 126,530
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 8) 53,069 62,429
TOTAL ASSETS 11,401,045 10,796,987
LIABILITIES:    
Secured debt, net (Notes 10 and 20) 603,225 242,938
Unsecured debt, net (Notes 10 and 20) 4,325,153 4,020,058
Accounts payable, accrued expenses and other liabilities (Note 19) 371,179 392,360
Ground lease liabilities (Note 19) 124,353 124,994
Accrued distributions (Notes 15 and 26) 64,440 64,285
Deferred revenue and acquisition-related intangible liabilities, net (Notes 2, 3, 7 and 11) 173,638 195,959
Rents received in advance and tenant security deposits 79,364 81,432
Total liabilities 5,741,352 5,122,026
COMMITMENTS AND CONTINGENCIES (Note 19)
CAPITAL:    
TOTAL LIABILITIES AND EQUITY 11,401,045 10,796,987
Kilroy Realty L.P.    
REAL ESTATE ASSETS (Notes 2, 3 and 4):    
Land and improvements 1,743,170 1,738,242
Buildings and improvements 8,463,674 8,302,081
Undeveloped land and construction in progress 2,034,804 1,691,860
Total real estate assets held for investment 12,241,648 11,732,183
Accumulated depreciation and amortization (2,518,304) (2,218,710)
Total real estate assets held for investment, net 9,723,344 9,513,473
CASH AND CASH EQUIVALENTS (Note 24) 510,163 347,379
MARKETABLE SECURITIES (Notes 5, 17 and 20) 284,670 23,547
CURRENT RECEIVABLES, NET (Notes 2 and 6) 13,609 20,583
DEFERRED RENT RECEIVABLES, NET (Notes 2 and 6) 460,979 452,200
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Notes 2, 3 and 7) 229,705 250,846
RIGHT OF USE GROUND LEASE ASSETS (Note 19) 125,506 126,530
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 8) 53,069 62,429
TOTAL ASSETS 11,401,045 10,796,987
LIABILITIES:    
Secured debt, net (Notes 10 and 20) 603,225 242,938
Unsecured debt, net (Notes 10 and 20) 4,325,153 4,020,058
Accounts payable, accrued expenses and other liabilities (Note 19) 371,179 392,360
Ground lease liabilities (Note 19) 124,353 124,994
Accrued distributions (Notes 15 and 26) 64,440 64,285
Deferred revenue and acquisition-related intangible liabilities, net (Notes 2, 3, 7 and 11) 173,638 195,959
Rents received in advance and tenant security deposits 79,364 81,432
Total liabilities 5,741,352 5,122,026
COMMITMENTS AND CONTINGENCIES (Note 19)
CAPITAL:    
Partner’s Capital - Common units, 117,239,558 and 116,878,031 held by the general partner and 1,150,574 and 1,150,574 held by common limited partners issued and outstanding, respectively (Note 15) 5,481,436 5,490,571
Noncontrolling interests in consolidated property partnerships and subsidiaries (Notes 2 and 13) 178,257 184,390
Total capital 5,659,693 5,674,961
TOTAL LIABILITIES AND EQUITY $ 11,401,045 $ 10,796,987