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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
REAL ESTATE ASSETS (Notes 2 and 3):    
Land and improvements $ 1,702,423 $ 1,628,848
Buildings and improvements 7,282,341 6,783,092
Undeveloped land and construction in progress 2,237,742 1,778,106
Total real estate assets held for investment 11,222,506 10,190,046
Accumulated depreciation and amortization (1,962,730) (1,798,646)
Total real estate assets held for investment, net 9,259,776 8,391,400
CASH AND CASH EQUIVALENTS 348,417 731,991
RESTRICTED CASH (Note 2) 13,042 91,139
MARKETABLE SECURITIES (Note 12) 27,285 27,481
CURRENT RECEIVABLES, NET 11,646 12,007
DEFERRED RENT RECEIVABLES, NET 394,297 386,658
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Note 2) 229,334 210,949
RIGHT OF USE GROUND LEASE ASSETS (Notes 2 and 11) 127,657 95,523
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 4) 60,063 53,560
TOTAL ASSETS 10,471,517 10,000,708
LIABILITIES:    
Secured debt, net (Notes 5 and 12) 249,690 253,582
Unsecured debt, net (Notes 5, 12 and 17) 3,673,183 3,670,099
Accounts payable, accrued expenses and other liabilities 441,357 445,100
Ground lease liabilities (Notes 2 and 11) 125,676 97,778
Accrued dividends and distributions (Note 17) 61,845 59,431
Deferred revenue and acquisition-related intangible liabilities, net (Note 2) 160,687 128,523
Rents received in advance and tenant security deposits 68,441 68,874
Total liabilities 4,780,879 4,723,387
COMMITMENTS AND CONTINGENCIES (Note 11)
Stockholders’ Equity (Note 6):    
Common stock, $.01 par value, 280,000,000 shares authorized, 116,461,683 and 116,035,827 shares issued and outstanding, respectively 1,165 1,160
Additional paid-in capital 5,146,049 5,131,916
Retained earnings (distributions in excess of earnings) 297,250 (103,133)
Total stockholders’ equity 5,444,464 5,029,943
Noncontrolling Interests (Notes 1 and 7):    
Common units of the Operating Partnership 53,788 49,875
Noncontrolling interests in consolidated property partnerships 192,386 197,503
Total noncontrolling interests 246,174 247,378
Total equity 5,690,638 5,277,321
TOTAL LIABILITIES AND EQUITY (CAPITAL) 10,471,517 10,000,708
Kilroy Realty L.P. [Member]    
REAL ESTATE ASSETS (Notes 2 and 3):    
Land and improvements 1,702,423 1,628,848
Buildings and improvements 7,282,341 6,783,092
Undeveloped land and construction in progress 2,237,742 1,778,106
Total real estate assets held for investment 11,222,506 10,190,046
Accumulated depreciation and amortization (1,962,730) (1,798,646)
Total real estate assets held for investment, net 9,259,776 8,391,400
CASH AND CASH EQUIVALENTS 348,417 731,991
RESTRICTED CASH (Note 2) 13,042 91,139
MARKETABLE SECURITIES (Note 12) 27,285 27,481
CURRENT RECEIVABLES, NET 11,646 12,007
DEFERRED RENT RECEIVABLES, NET 394,297 386,658
DEFERRED LEASING COSTS AND ACQUISITION-RELATED INTANGIBLE ASSETS, NET (Note 2) 229,334 210,949
RIGHT OF USE GROUND LEASE ASSETS (Notes 2 and 11) 127,657 95,523
PREPAID EXPENSES AND OTHER ASSETS, NET (Note 4) 60,063 53,560
TOTAL ASSETS 10,471,517 10,000,708
LIABILITIES:    
Secured debt, net (Notes 5 and 12) 249,690 253,582
Unsecured debt, net (Notes 5, 12 and 17) 3,673,183 3,670,099
Accounts payable, accrued expenses and other liabilities 441,357 445,100
Ground lease liabilities (Notes 2 and 11) 125,676 97,778
Accrued dividends and distributions (Note 17) 61,845 59,431
Deferred revenue and acquisition-related intangible liabilities, net (Note 2) 160,687 128,523
Rents received in advance and tenant security deposits 68,441 68,874
Total liabilities 4,780,879 4,723,387
COMMITMENTS AND CONTINGENCIES (Note 11)
Noncontrolling Interests (Notes 1 and 7):    
Common units, 116,461,683 and 116,035,827 held by the general partner and 1,150,574 and 1,150,574 held by common limited partners issued and outstanding, respectively (Note 7) 5,498,252 5,079,818
Noncontrolling interests in consolidated property partnerships (Note 1) 192,386 197,503
Total capital 5,690,638 5,277,321
TOTAL LIABILITIES AND EQUITY (CAPITAL) $ 10,471,517 $ 10,000,708