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Net Income Available to Common Unitholders Per Unit of the Operating Partnership
 12 Months Ended
Dec. 31, 2019
Kilroy Realty L.P. [Member]  
Net Income Available To Common Unitholders [Line Items]  
Net Income Available to Common Unitholders per Unit of the Operating Partnership
Net Income Available to Common Unitholders Per Unit of the Operating Partnership

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 2019, 2018 and 2017:

 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(in thousands, except unit and per unit amounts)
Numerator:
 
 
 
 
 
Net income attributable to Kilroy Realty, L.P.
$
198,738

 
$
263,210

 
$
167,440

Total preferred distributions
—

 
—

 
(13,363
)
Allocation to participating securities (1)
(2,119
)
 
(2,004
)
 
(1,975
)
Numerator for basic and diluted net income available to common unitholders
$
196,619

 
$
261,206

 
$
152,102

Denominator:
 
 
 
 
 
Basic weighted average vested units outstanding
105,223,975

 
102,025,276

 
100,246,567

Effect of dilutive securities
648,600

 
510,006

 
613,770

Diluted weighted average vested units and common unit equivalents outstanding
105,872,575

 
102,535,282

 
100,860,337

Basic earnings per unit:
 
 
 
 
 
Net income available to common unitholders per unit
$
1.87

 
$
2.56

 
$
1.52

Diluted earnings per unit:
 
 
 
 
 
Net income available to common unitholders per unit
$
1.86

 
$
2.55

 
$
1.51

________________________ 
(1)
Participating securities include nonvested shares, certain time-based RSUs and vested market measure-based RSUs.

Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common units, including stock options, RSUs, shares issuable under executed forward equity sale agreements and other securities are considered in our diluted earnings per share calculation for the years ended December 31, 2019, 2018 and 2017. Certain market measure-based RSUs are not included in dilutive securities as of December 31, 2019, 2018 and 2017 as not all performance metrics had been met by the end of the applicable reporting periods.
 
See Note 15 “Share-Based Compensation” for additional information regarding the stock options and other share-based compensation.