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Net Income Available to Common Unitholders Per Unit of the Operating Partnership
 9 Months Ended
Sep. 30, 2021
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 Stockholders Per Share of the Company
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 three and nine months ended September 30, 2021 and 2020:
 Three Months Ended September 30,Nine Months Ended September 30,
 2021202020212020
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$47,028 $49,028 $580,498 $108,463 
Allocation to participating securities (1)
(388)(572)(1,124)(1,657)
Numerator for basic and diluted net income available to common stockholders$46,640 $48,456 $579,374 $106,806 
Denominator:  
Basic weighted average vested shares outstanding116,456,796 115,226,324 116,418,113 112,405,817 
Effect of dilutive securities505,884 441,333 476,321 470,058 
Diluted weighted average vested shares and common stock equivalents outstanding116,962,680 115,667,657 116,894,434 112,875,875 
Basic earnings per share:  
Net income available to common stockholders per share$0.40 $0.42 $4.98 $0.95 
Diluted earnings per share:  
Net income available to common stockholders per share$0.40 $0.42 $4.96 $0.95 
________________________ 
(1)Participating securities include 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 shares, including stock options, RSUs and other securities are considered in our diluted earnings per share calculation for the three and nine months ended September 30, 2021 and 2020. Certain market measure-based RSUs are not included in dilutive securities for the three and nine months ended September 30, 2021 and 2020, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 9 “Share-Based Compensation” for additional information regarding share-based compensation.
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 three and nine months ended September 30, 2021 and 2020:
 Three Months Ended September 30,Nine Months Ended September 30,
 2021202020212020
 (in thousands, except unit and per unit amounts)
Numerator:
Net income available to common unitholders$47,488 $49,728 $586,198 $109,955 
Allocation to participating securities (1)
(388)(572)(1,124)(1,657)
Numerator for basic and diluted net income available to common unitholders$47,100 $49,156 $585,074 $108,298 
Denominator:  
Basic weighted average vested units outstanding117,607,370 117,158,160 117,568,687 114,394,706
Effect of dilutive securities505,884 441,333 476,321 470,058 
Diluted weighted average vested units and common unit equivalents outstanding118,113,254 117,599,493 118,045,008 114,864,764 
Basic earnings per unit:
Net income available to common unitholders per unit$0.40 $0.42 $4.98 $0.95 
Diluted earnings per unit:  
Net income available to common unitholders per unit$0.40 $0.42 $4.96 $0.94 
________________________ 
(1)Participating securities include 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 and other securities are considered in our diluted earnings per share calculation for the three and nine months ended September 30, 2021 and 2020. Certain market measure-based RSUs are not included in dilutive securities for the three and nine months ended September 30, 2021 and 2020, as not all performance metrics had been met by the end of the applicable reporting periods. See Note 9 “Share-Based Compensation” for additional information regarding share-based compensation.