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Consolidated Statements of Operations (KILROY REALTY, L.P.) (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES:    
Rental income$ 89,306$ 72,135$ 252,102$ 196,883
Tenant reimbursements7,6836,15621,46918,261
Other property income3489852,8632,325
Total revenues97,337[1]79,276[1]276,434[1]217,469[1]
EXPENSES:    
Property expenses19,36115,80254,54842,255
Real estate taxes8,3607,58224,87820,035
Provision for bad debts(5)(857)141(843)
Ground leases (Note 11)5033361,266648
General and administrative expenses6,3557,27320,35521,096
Acquisition-related expenses1,1633542,8291,624
Depreciation and amortization36,15229,95197,51374,405
Total expenses71,88960,441201,530159,220
OTHER (EXPENSES) INCOME:    
Interest income and other net investment gains (Note 12)30337272703
Interest expense (Note 5)(24,051)(15,853)(66,155)(40,897)
Loss on early extinguishment of debt000(4,564)
Total other (expenses) income(24,021)(15,516)(65,883)(44,758)
INCOME FROM CONTINUING OPERATIONS1,4273,3199,02113,491
DISCONTINUED OPERATIONS (Note 14)    
Net income from discontinued operations3083501,0531,011
Net gain on dispositions of discontinued operations12,555012,5550
Total income from discontinued operations12,863[2]350[2]13,608[2]1,011[2]
NET INCOME14,2903,66922,62914,502
NET INCOME ATTRIBUTABLE TO KILROY REALTY, L.P.13,9943,67322,30914,374
Preferred distributions(3,799)(3,799)(11,397)(11,397)
NET INCOME (LOSS) AVAILABLE TO COMMON UNITHOLDERS10,195(126)10,9122,977
(Loss) income from continuing operations available to common unitholders per common unit-basic$ (0.05)$ (0.01)$ (0.06)$ 0.02
(Loss) income from continuing operations available to common unitholders per common unit-diluted$ (0.05)$ (0.01)$ (0.06)$ 0.02
Net income (loss) available to common unitholders per unit-basic$ 0.17$ (0.01)$ 0.18$ 0.04
Net income (loss) available to common unitholders per unit-diluted$ 0.17$ (0.01)$ 0.18$ 0.04
Weighted average common units outstanding - basic (Note 16)58,355,12752,274,31656,136,47748,561,614
Weighted average common units outstanding - diluted (Note 16)58,355,12752,274,31656,136,47748,565,028
Kilroy Realty, L.P. [Member]
    
REVENUES:    
Rental income89,30672,135252,102196,883
Tenant reimbursements7,6836,15621,46918,261
Other property income3489852,8632,325
Total revenues97,33779,276276,434217,469
EXPENSES:    
Property expenses19,36115,80254,54842,255
Real estate taxes8,3607,58224,87820,035
Provision for bad debts(5)(857)141(843)
Ground leases (Note 11)5033361,266648
General and administrative expenses6,3557,27320,35521,096
Acquisition-related expenses1,1633542,8291,624
Depreciation and amortization36,15229,95197,51374,405
Total expenses71,88960,441201,530159,220
OTHER (EXPENSES) INCOME:    
Interest income and other net investment gains (Note 12)30337272703
Interest expense (Note 5)(24,051)(15,853)(66,155)(40,897)
Loss on early extinguishment of debt000(4,564)
Total other (expenses) income(24,021)(15,516)(65,883)(44,758)
INCOME FROM CONTINUING OPERATIONS1,4273,3199,02113,491
DISCONTINUED OPERATIONS (Note 14)    
Net income from discontinued operations3083501,0531,011
Net gain on dispositions of discontinued operations12,555012,5550
Total income from discontinued operations12,86335013,6081,011
NET INCOME14,2903,66922,62914,502
Net income attributable to noncontrolling interests in consolidated subsidiaries(30)(41)(95)(138)
NET INCOME ATTRIBUTABLE TO KILROY REALTY, L.P.14,2603,62822,53414,364
Preferred distributions(3,799)(3,799)(11,397)(11,397)
NET INCOME (LOSS) AVAILABLE TO COMMON UNITHOLDERS$ 10,461$ (171)$ 11,137$ 2,967
(Loss) income from continuing operations available to common unitholders per common unit-basic$ (0.05)$ (0.01)$ (0.06)$ 0.02
(Loss) income from continuing operations available to common unitholders per common unit-diluted$ (0.05)$ (0.01)$ (0.06)$ 0.02
Net income (loss) available to common unitholders per unit-basic$ 0.17$ (0.01)$ 0.18$ 0.04
Net income (loss) available to common unitholders per unit-diluted$ 0.17$ (0.01)$ 0.18$ 0.04
Weighted average common units outstanding - basic (Note 16)60,073,25853,997,44757,857,53850,284,745
Weighted average common units outstanding - diluted (Note 16)60,073,25853,997,44757,857,53850,288,159
Distributions declared per common unit$ 0.35$ 0.35$ 1.05$ 1.05
[1]All operating revenues are comprised of amounts received from third-party tenants.
[2]Income from discontinued operations is from our Reportable Segment - Office Properties.