2015 Q4 Form 10-K Financial Statement

#000102599617000049 Filed on February 15, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $147.4M $141.6M $146.2M
YoY Change 3.98% 9.71% 14.98%
Cost Of Revenue $40.80M $39.60M $40.10M
YoY Change 6.53% 5.32% 9.26%
Gross Profit $106.7M $101.9M $106.1M
YoY Change 3.09% 11.49% 17.24%
Gross Profit Margin 72.38% 71.99% 72.56%
Selling, General & Admin $12.30M $10.80M $12.70M
YoY Change 0.0% -3.57% 6.72%
% of Gross Profit 11.53% 10.6% 11.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $51.70M $49.50M $51.60M
YoY Change -4.08% -2.17% 1.57%
% of Gross Profit 48.45% 48.58% 48.63%
Operating Expenses $64.00M $99.86M $104.7M
YoY Change -3.18% 63.17% 4.06%
Operating Profit $42.70M $2.042M $1.388M
YoY Change 14.17% -93.24% -113.7%
Interest Expense -$13.10M $12.82M $14.86M
YoY Change -25.99% -177.22% -7.22%
% of Operating Profit -30.68% 627.77% 1070.89%
Other Income/Expense, Net -$13.51M -$14.35M
YoY Change -8.0%
Pretax Income $29.30M $106.7M $58.60M
YoY Change 51.03% 708.33% 268.55%
Income Tax
% Of Pretax Income
Net Earnings $28.64M $104.8M $57.50M
YoY Change -7.19% 451.89% 88.28%
Net Earnings / Revenue 19.43% 74.01% 39.32%
Basic Earnings Per Share $0.27 $1.10 $0.61
Diluted Earnings Per Share $0.27 $1.09 $0.61
COMMON SHARES
Basic Shares Outstanding 92.15M shares 88.13M shares
Diluted Shares Outstanding 92.64M shares 88.65M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.00M $568.0M $28.00M
YoY Change 137.5% 184.0% 12.0%
Cash & Equivalents $56.51M $567.9M $28.14M
Short-Term Investments
Other Short-Term Assets $27.00M $23.00M $31.00M
YoY Change 35.0% 15.0% 40.91%
Inventory
Prepaid Expenses
Receivables $13.46M $195.0M $185.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $285.0M $786.0M $244.0M
YoY Change 37.02% 114.75% 27.08%
LONG-TERM ASSETS
Property, Plant & Equipment $5.334B $5.354B $5.148B
YoY Change 4.38% 10.67% 7.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.00M $13.00M $14.00M
YoY Change 8.33% 8.33% 16.67%
Other Assets $295.0M $200.0M $280.0M
YoY Change -2.96% -25.93% -3.11%
Total Long-Term Assets $5.641B $5.567B $5.443B
YoY Change 3.98% 8.71% 7.1%
TOTAL ASSETS
Total Short-Term Assets $285.0M $786.0M $244.0M
Total Long-Term Assets $5.641B $5.567B $5.443B
Total Assets $5.926B $6.353B $5.687B
YoY Change 5.2% 15.78% 7.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $246.0M $250.0M $199.0M
YoY Change 8.85% 2.46% -7.87%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $281.0M $285.0M $233.0M
YoY Change 8.49% 3.26% -6.05%
LONG-TERM LIABILITIES
Long-Term Debt $2.225B $2.657B $2.363B
YoY Change -9.88% 9.39% 5.26%
Other Long-Term Liabilities $185.0M $174.0M $178.0M
YoY Change 1.65% 6.75% 12.66%
Total Long-Term Liabilities $2.410B $2.831B $2.541B
YoY Change -9.09% 9.22% 5.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $281.0M $285.0M $233.0M
Total Long-Term Liabilities $2.410B $2.831B $2.541B
Total Liabilities $2.692B $3.181B $2.834B
YoY Change -7.49% 8.79% 6.93%
SHAREHOLDERS EQUITY
Retained Earnings -$70.26M
YoY Change
Common Stock $923.0K
YoY Change 6.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.171B $3.173B $2.853B
YoY Change
Total Liabilities & Shareholders Equity $5.926B $6.353B $5.687B
YoY Change 5.2% 15.78% 7.84%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $28.64M $104.8M $57.50M
YoY Change -7.19% 451.89% 88.28%
Depreciation, Depletion And Amortization $51.70M $49.50M $51.60M
YoY Change -4.08% -2.17% 1.57%
Cash From Operating Activities $69.40M $85.80M $61.80M
YoY Change 44.58% -5.09% 0.0%
INVESTING ACTIVITIES
Capital Expenditures -$141.6M -$211.8M -$137.9M
YoY Change -54.47% 33.29% -37.29%
Acquisitions
YoY Change
Other Investing Activities -$59.00M $160.2M $130.1M
YoY Change 3833.33% 74.32% 16162.5%
Cash From Investing Activities -$200.5M -$51.70M -$7.700M
YoY Change -35.82% -22.95% -96.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -454.7M 505.6M -76.10M
YoY Change -617.29% 231.54% -188.08%
NET CHANGE
Cash From Operating Activities 69.40M 85.80M 61.80M
Cash From Investing Activities -200.5M -51.70M -7.700M
Cash From Financing Activities -454.7M 505.6M -76.10M
Net Change In Cash -585.8M 539.7M -22.00M
YoY Change 231.9% 207.0% -69.01%
FREE CASH FLOW
Cash From Operating Activities $69.40M $85.80M $61.80M
Capital Expenditures -$141.6M -$211.8M -$137.9M
Free Cash Flow $211.0M $297.6M $199.7M
YoY Change -41.23% 19.37% -29.11%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 krc Advance Rent Including Tenant Security Deposits
AdvanceRentIncludingTenantSecurityDeposits
52080000 USD
CY2015Q4 krc Deferred Rent Receivables Gross
DeferredRentReceivablesGross
191586000 USD
CY2016Q4 krc Allowance For Deferred Rent Receivables
AllowanceForDeferredRentReceivables
1524000 USD
CY2014Q4 krc At Market Stock Aggregate Gross Sales Priceof Common Stock
AtMarketStockAggregateGrossSalesPriceofCommonStock
300000000 USD
CY2016 dei Amendment Flag
AmendmentFlag
false
CY2015 krc Dividends And Distributions Paid To Preferred Stockholders And Preferred Unitholders
DividendsAndDistributionsPaidToPreferredStockholdersAndPreferredUnitholders
13250000 USD
CY2015Q4 krc Allowance For Deferred Rent Receivables
AllowanceForDeferredRentReceivables
1882000 USD
CY2015 krc Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
33336000 USD
CY2015Q4 krc Deferred Leasing Costs And Acquisition Related Intangible Assets Net
DeferredLeasingCostsAndAcquisitionRelatedIntangibleAssetsNet
176683000 USD
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016 krc Dividends And Distributions Paid To Preferred Stockholders And Preferred Unitholders
DividendsAndDistributionsPaidToPreferredStockholdersAndPreferredUnitholders
13250000 USD
CY2016 dei Entity Registrant Name
EntityRegistrantName
KILROY REALTY CORP
CY2015Q4 krc Advance Rent Including Tenant Security Deposits
AdvanceRentIncludingTenantSecurityDeposits
49361000 USD
CY2016Q4 krc Deferred Leasing Costs And Acquisition Related Intangible Assets Net
DeferredLeasingCostsAndAcquisitionRelatedIntangibleAssetsNet
208368000 USD
CY2016Q4 krc Deferred Rent Receivables Gross
DeferredRentReceivablesGross
220501000 USD
CY2015Q4 krc Deferred Revenue And Acquisition Related Intangible Liabilities
DeferredRevenueAndAcquisitionRelatedIntangibleLiabilities
128156000 USD
CY2016Q4 krc Deferred Revenue And Acquisition Related Intangible Liabilities
DeferredRevenueAndAcquisitionRelatedIntangibleLiabilities
150360000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4091012000 USD
CY2016Q4 krc Undeveloped Land And Construction In Progress
UndevelopedLandAndConstructionInProgress
1013533000 USD
CY2015 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1853000 USD
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2015Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
189704000 USD
CY2015 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
1223000 USD
CY2015 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
497000 USD
CY2015Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
57100000 USD
CY2016Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
85590000 USD
CY2016 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
8893000 USD
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3457649000 USD
CY2015 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
105378000 USD
CY2016 krc Preferred Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
PreferredStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
1656000 USD
CY2016 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
113932000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
164302000 USD
CY2015 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
17116000 USD
CY2015 krc Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
545000 USD
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016Q2 dei Entity Public Float
EntityPublicFloat
6104537915 USD
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2016 krc Acquired Finitelived Intangible Liabilities Weighted Average Useful Life
AcquiredFinitelivedIntangibleLiabilitiesWeightedAverageUsefulLife
P8Y4M24D
CY2015Q4 krc Acquisition Related Intangible Liabilities Net
AcquisitionRelatedIntangibleLiabilitiesNet
32324000 USD
CY2016Q4 krc Acquisition Related Intangible Liabilities Net
AcquisitionRelatedIntangibleLiabilitiesNet
41578000 USD
CY2016 krc Annual Ground Lease Rental Obligations Maximum
AnnualGroundLeaseRentalObligationsMaximum
1000000 USD
CY2015Q3 krc At Market Stock Aggregate Gross Sales Priceof Common Stock
AtMarketStockAggregateGrossSalesPriceofCommonStock
249800000 USD
CY2014Q4 krc Average Trading Price Of Companys Stock
AverageTradingPriceOfCompanysStock
60.04
CY2016Q4 krc Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Deferred Revenue And Acquisition Related Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredRevenueAndAcquisitionRelatedIntangibleAssets
18050000 USD
CY2016Q4 krc Capital Gains Federal Statutory Tax Rate Percent
CapitalGainsFederalStatutoryTaxRatePercent
0.2
CY2014 krc Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
31243000 USD
CY2016 krc Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
220650000 USD
CY2016 krc Company Annual Taxable Income Distribution
CompanyAnnualTaxableIncomeDistribution
1.0
CY2016 krc Debt Instrument Covenant Terms Dividend Payment As Percentage Of Funds From Operations Maximum
DebtInstrumentCovenantTermsDividendPaymentAsPercentageOfFundsFromOperationsMaximum
0.95
CY2007 krc Deferred Compensation Arrangement With Individual Employer Contribution Percent
DeferredCompensationArrangementWithIndividualEmployerContributionPercent
0.1
CY2007 krc Deferred Compensation Directors Fees And Employee Bonuses Percent
DeferredCompensationDirectorsFeesAndEmployeeBonusesPercent
1
CY2007 krc Deferred Compensation Employee Salary Percent
DeferredCompensationEmployeeSalaryPercent
0.7
CY2016 krc Defined Contribution Plan Employer Matching Contribution Per Participant Dollar
DefinedContributionPlanEmployerMatchingContributionPerParticipantDollar
0.50 USD
CY2016 krc Defined Contribution Plan Requisite Service Period
DefinedContributionPlanRequisiteServicePeriod
P3M
CY2014 krc Disposal Group Including Discontinued Operation Property Expenses
DisposalGroupIncludingDiscontinuedOperationPropertyExpenses
2171000 USD
CY2014 krc Disposal Group Including Discontinued Operation Real Estate Taxes
DisposalGroupIncludingDiscontinuedOperationRealEstateTaxes
692000 USD
CY2014 krc Disposal Group Including Discontinued Operation Tenant Reimbursements
DisposalGroupIncludingDiscontinuedOperationTenantReimbursements
278000 USD
CY2014 krc Dividends And Distributions Paid To Preferred Stockholders And Preferred Unitholders
DividendsAndDistributionsPaidToPreferredStockholdersAndPreferredUnitholders
13250000 USD
CY2016 krc Ground Lease Minimum Rent Increase Percentage Of Annual Percentage Rent
GroundLeaseMinimumRentIncreasePercentageOfAnnualPercentageRent
0.50
CY2016 krc Ground Lease Minimum Rent Increase Percentageof Annual Percentage Rent Two
GroundLeaseMinimumRentIncreasePercentageofAnnualPercentageRentTwo
0.6
CY2016 krc Ground Lease Minimum Rent Increase Period Of Increase
GroundLeaseMinimumRentIncreasePeriodOfIncrease
P5Y
CY2016 krc Ground Lease Minimum Rent Increase Periodof Increase Two
GroundLeaseMinimumRentIncreasePeriodofIncreaseTwo
P10Y
CY2014 krc Income Lossfromcontinuingoperationsbeforegainonsaleofrealestate
IncomeLossfromcontinuingoperationsbeforegainonsaleofrealestate
55823000 USD
CY2015 krc Income Lossfromcontinuingoperationsbeforegainonsaleofrealestate
IncomeLossfromcontinuingoperationsbeforegainonsaleofrealestate
111538000 USD
CY2016 krc Income Lossfromcontinuingoperationsbeforegainonsaleofrealestate
IncomeLossfromcontinuingoperationsbeforegainonsaleofrealestate
139791000 USD
CY2014 krc Interest Income And Other Net Investment Gain Loss
InterestIncomeAndOtherNetInvestmentGainLoss
561000 USD
CY2014 krc Issuanceof Note Receivable
IssuanceofNoteReceivable
0 USD
CY2014Q4 krc Leaseterminationfee
Leaseterminationfee
5700000 USD
CY2015 krc Issuanceof Note Receivable
IssuanceofNoteReceivable
3000000 USD
CY2016 krc Issuanceof Note Receivable
IssuanceofNoteReceivable
16100000 USD
CY2015Q4 krc Undeveloped Land And Construction In Progress
UndevelopedLandAndConstructionInProgress
1361340000 USD
CY2016Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
19439000 USD
CY2016 krc Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
0 USD
CY2016 krc Lease Up Properties Maximum Stabilized Occupacy Percentage
LeaseUpPropertiesMaximumStabilizedOccupacyPercentage
0.95
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
246323000 USD
CY2015 krc Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedSubsidiary
184000 USD
CY2015 krc Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
13387000 USD
CY2016 krc Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
18050000 USD
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
202391000 USD
CY2016 krc Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedSubsidiary
3375000 USD
CY2015 krc Interest Income And Other Net Investment Gain Loss
InterestIncomeAndOtherNetInvestmentGainLoss
243000 USD
CY2015 krc Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
13338000 USD
CY2016 krc Interest Income And Other Net Investment Gain Loss
InterestIncomeAndOtherNetInvestmentGainLoss
1764000 USD
CY2016 krc Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
13244000 USD
CY2015 krc Preferred Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
PreferredStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
1656000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2080000 USD
CY2016 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-7166000 USD
CY2016 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2720000 USD
CY2015Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
117666000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1712000 USD
CY2016Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
9417000 USD
CY2016 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1902000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56508000 USD
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
109715000 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
62589000 USD
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.375
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
193418000 USD
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.4
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18900000 USD
CY2015 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-8449000 USD
CY2015 us-gaap Depreciation Nonproduction
DepreciationNonproduction
2812000 USD
CY2016 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-295000 USD
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.97
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.44
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.00
CY2016Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
29600000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
923000 USD
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3300000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
109950000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
932000 USD
CY2016Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
218977000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
204294000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
217234000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
201482000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
213156000 USD
CY2016 us-gaap Depreciation Nonproduction
DepreciationNonproduction
4078000 USD
CY2015 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
17116000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
34992000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
222306000 USD
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.42
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5600000 USD
CY2016Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
40395000 USD
CY2015 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
12496000 USD
CY2015 us-gaap Interest Expense
InterestExpense
57682000 USD
CY2016 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
19498000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3096000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4938250000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3439000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
7543000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
56000 USD
CY2015 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
-269000 USD
CY2016 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
1130000 USD
CY2016 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-295000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57029000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
48265000 USD
CY2015 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
8085000 USD
CY2015Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
875794000 USD
CY2016 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
5214000 USD
CY2016Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
1108971000 USD
CY2016Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
130732000 USD
CY2016 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
6635000 USD
CY2015 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
4339000 USD
CY2015Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
6520000 USD
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.981
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.019
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.975
CY2015 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-1998000 USD
CY2016 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
111961000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
6254000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
5863000 USD
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.025
CY2014 krc Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary
NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedSubsidiary
0 USD
CY2014 krc Numerator For Basic And Diluted Loss Income From Continuing Operations Available To Common Stockholders
NumeratorForBasicAndDilutedLossIncomeFromContinuingOperationsAvailableToCommonStockholders
43398000 USD
CY2015 krc Numerator For Basic And Diluted Loss Income From Continuing Operations Available To Common Stockholders
NumeratorForBasicAndDilutedLossIncomeFromContinuingOperationsAvailableToCommonStockholders
219197000 USD
CY2016 krc Numerator For Basic And Diluted Loss Income From Continuing Operations Available To Common Stockholders
NumeratorForBasicAndDilutedLossIncomeFromContinuingOperationsAvailableToCommonStockholders
276699000 USD
CY2016 krc Period For Ground Lease Rentals Adjustment
PeriodForGroundLeaseRentalsAdjustment
P5Y
CY2014 krc Preferred Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
PreferredStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
1656000 USD
CY2015 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
2146000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
574413000 USD
CY2015 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
99557000 USD
CY2015 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
407969000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
525355000 USD
CY2016 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-1902000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
126839000 USD
CY2016 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
7080000 USD
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1634000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3839000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2159000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
137444000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4814000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7081000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8875000 USD
CY2015 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
139073000 USD
CY2015 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
0 USD
CY2016 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
33513000 USD
CY2016 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
351012000 USD
CY2016 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
393767000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3615000 USD
CY2016Q4 us-gaap Other Commitment
OtherCommitment
538600000 USD
CY2014 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
165270000 USD
CY2015 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
219197000 USD
CY2016 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
276699000 USD
CY2014 krc Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
10979000 USD
CY2016Q4 krc Numberof Operating Properties Acquired
NumberofOperatingPropertiesAcquired
7
CY2015 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
325000000 USD
CY2015Q3 krc Proceedsfrom Issuanceof Commonstocknet
ProceedsfromIssuanceofCommonstocknet
249600000 USD
CY2014 krc Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
58000 USD
CY2016 krc Reit Annual Taxable Income Distribution Requirement Percentage
ReitAnnualTaxableIncomeDistributionRequirementPercentage
0.90
CY2014 krc Releaseof Holdback Fundsto Third Party
ReleaseofHoldbackFundstoThirdParty
0 USD
CY2015 krc Releaseof Holdback Fundsto Third Party
ReleaseofHoldbackFundstoThirdParty
9279000 USD
CY2016 krc Releaseof Holdback Fundsto Third Party
ReleaseofHoldbackFundstoThirdParty
0 USD
CY2016Q4 krc Restricted Cash
RestrictedCash
48400000 USD
CY2014 krc Sec Schedule Iii Real Estate Accumulated Depreciation Deductions Assets Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDeductionsAssetsHeldforSale
7007000 USD
CY2015 krc Sec Schedule Iii Real Estate Accumulated Depreciation Deductions Assets Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDeductionsAssetsHeldforSale
46191000 USD
CY2016 krc Sec Schedule Iii Real Estate Accumulated Depreciation Deductions Assets Heldfor Sale
SECScheduleIIIRealEstateAccumulatedDepreciationDeductionsAssetsHeldforSale
3900000 USD
CY2014 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Decrease
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodDecrease
25134000 USD
CY2015 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Decrease
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodDecrease
112947000 USD
CY2016 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Decrease
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodDecrease
26371000 USD
CY2014 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Increase
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodIncrease
153841000 USD
CY2015 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Increase
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodIncrease
159524000 USD
CY2016 krc Sec Schedule Iii Real Estate Accumulated Depreciation Period Increase
SECScheduleIIIRealEstateAccumulatedDepreciationPeriodIncrease
171983000 USD
CY2014 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
SECScheduleIIIRealEstateDeductionsPropertiesHeldforSale
14700000 USD
CY2015 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
SECScheduleIIIRealEstateDeductionsPropertiesHeldforSale
160074000 USD
CY2016 krc Sec Schedule Iii Real Estate Deductions Properties Heldfor Sale
SECScheduleIIIRealEstateDeductionsPropertiesHeldforSale
13193000 USD
CY2014 krc Sec Schedule Iii Real Estate Period Decrease
SECScheduleIIIRealEstatePeriodDecrease
135477000 USD
CY2015 krc Sec Schedule Iii Real Estate Period Decrease
SECScheduleIIIRealEstatePeriodDecrease
405320000 USD
CY2016 krc Sec Schedule Iii Real Estate Period Decrease
SECScheduleIIIRealEstatePeriodDecrease
115185000 USD
CY2014 krc Sec Schedule Iii Real Estate Period Increase
SECScheduleIIIRealEstatePeriodIncrease
928462000 USD
CY2015 krc Sec Schedule Iii Real Estate Period Increase
SECScheduleIIIRealEstatePeriodIncrease
675534000 USD
CY2016 krc Sec Schedule Iii Real Estate Period Increase
SECScheduleIIIRealEstatePeriodIncrease
847793000 USD
CY2014 krc Stock Issued During Period Value Capped Call Option Transactions
StockIssuedDuringPeriodValueCappedCallOptionTransactions
0 USD
CY2014 krc Stock Issued During Period Valuein Connectionwith Early Exchangeof Notes
StockIssuedDuringPeriodValueinConnectionwithEarlyExchangeofNotes
223000 USD
CY2014 krc Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
42906000 USD
CY2015Q4 krc Variable Interest Entity Consolidated Carrying Amounts Real Estate Assetsnet
VariableInterestEntityConsolidatedCarryingAmountsRealEstateAssetsnet
211755000 USD
CY2016Q4 krc Variable Interest Entity Consolidated Carrying Amounts Real Estate Assetsnet
VariableInterestEntityConsolidatedCarryingAmountsRealEstateAssetsnet
187254000 USD
CY2015Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
3056000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11153000 USD
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13460000 USD
CY2015Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
20900000 USD
CY2016Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
25100000 USD
CY2014 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3533000 USD
CY2015 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7081000 USD
CY2016 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8875000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14471000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18869000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
26624000 USD
CY2016 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14500000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26600000 USD
CY2014 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-8328000 USD
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1400000 USD
CY2014 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4315000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
41155000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33947000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33057000 USD
CY2015Q4 us-gaap Assets
Assets
5926430000 USD
CY2016Q4 us-gaap Assets
Assets
6706633000 USD
CY2016 us-gaap Below Market Lease Acquired
BelowMarketLeaseAcquired
18100000 USD
CY2014 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1479000 USD
CY2016 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
1700000 USD
CY2016 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
5200000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
412940000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
259301000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
1122000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
33529000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
120110000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
19172000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
393768000 USD
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
77091000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35377000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23781000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-11596000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
32727000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
136910000 USD
CY2016Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.587
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.90
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.40
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3733766 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
92258690 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93219439 shares
CY2016 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.373
CY2014 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
28000 USD
CY2014 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
100514000 USD
CY2014Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
172500000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
4400000 USD
CY2015Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
12800000 USD
CY2016Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
14700000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1200000 USD
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.1
CY2016 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.6
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
202417000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
202108000 USD
CY2014 us-gaap Depreciation Nonproduction
DepreciationNonproduction
2370000 USD
CY2014 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
121922000 USD
CY2015 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
CY2016 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
2573000 USD
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2016 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
2061000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
4924000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
13000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
7206000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
7497000 USD
CY2014 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
3490000 USD
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
121563000 USD
CY2015 us-gaap Dividends Common Stock
DividendsCommonStock
130628000 USD
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
326585000 USD
CY2014 us-gaap Dividends Preferred Stock
DividendsPreferredStock
13250000 USD
CY2015 us-gaap Dividends Preferred Stock
DividendsPreferredStock
13250000 USD
CY2016 us-gaap Dividends Preferred Stock
DividendsPreferredStock
13250000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.99
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.95
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2014 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2300000 USD
CY2015Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
11324000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2014 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3490000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46152000 USD
CY2014 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
966000 USD
CY2015 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
4523000 USD
CY2016 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
10010000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
59313000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
238604000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
303798000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.52
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.44
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.00
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.51
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.42
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.97
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
124495000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
2623000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.47
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.44
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-367000 USD
CY2014 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
16633000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
25405000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-65210000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
56015000 USD
CY2014 us-gaap Interest Expense
InterestExpense
67571000 USD
CY2014 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
44385000 USD
CY2015 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
50923000 USD
CY2016 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
44675000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
58944000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3075000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
2691844000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
2947316000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5926430000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6706633000 USD
CY2015Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1764775 shares
CY2016Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
2381543 shares
CY2014 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
397000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
63620000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
216322000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3615000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
244587000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23471000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
427291000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-501436000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-262752000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-635435000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
245253000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
272008000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
345054000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
180219000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
43187000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
57500000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
104759000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
28635000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
234081000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
174308000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
32847000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
53895000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
32738000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
293788000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3589000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4523000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10010000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
166969000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39874000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
54188000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
101446000 USD
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25323000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
220831000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170995000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29535000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50582000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29426000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
280538000 USD
CY2016Q4 us-gaap Net Rentable Area
NetRentableArea
14025856 sqft
CY2014Q1 us-gaap Net Rentable Area
NetRentableArea
79000 sqft
CY2014 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
14917000 USD
CY2014 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
3589000 USD
CY2015Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
6500000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
977000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
474000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
453449000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-67010000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-57439000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-54039000 USD
CY2014 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2015 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2016 us-gaap Notes Assumed1
NotesAssumed1
1350000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
398892000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
412298000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
448742000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
256072000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
231402000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
4267193000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
538269000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
370941000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
424791000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
493998000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
537891000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1901303000 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
466328000 USD
CY2014 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
8680000 USD
CY2014 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1699000 USD
CY2014 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
132080000 USD
CY2014 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
1983000 USD
CY2016 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
48400000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
118463000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8648000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3533000 USD
CY2014 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
204546000 USD
CY2014 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
147182000 USD
CY2014 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
417784000 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2014 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
13250000 USD
CY2015Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2015Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2015Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2015Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2015 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
13250000 USD
CY2016Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2016Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2016Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3313000 USD
CY2016Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
3312000 USD
CY2016 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
13250000 USD
CY2015Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
12853000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
102229000 USD
CY2014 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
170000000 USD
CY2014 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
395528000 USD
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
505000000 USD
CY2016 us-gaap Interest Expense
InterestExpense
55803000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
54747000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
54295000 USD
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q4
CY2016 dei Document Type
DocumentType
10-K
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0001025996
CY2017Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
97774137 shares
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
13233000 USD
CY2016Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
15172000 USD
CY2015Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
11153000 USD
CY2016Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
13460000 USD
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
977000 USD
CY2014 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
427544000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21092000 USD
CY2014 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
39000000 USD
CY2015 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 USD
CY2016 us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
0 USD
CY2014 us-gaap Profit Loss
ProfitLoss
183808000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
44002000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
58590000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
106704000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
29308000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
238604000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
178113000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
33892000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
56375000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
35418000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
303798000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
58000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
818957000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
947664000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
994241000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1139853000 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
0 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
16000 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
153000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
18111000 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
66603000 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
22471000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
469766000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
5280670000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1780084000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
2476804000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2843637000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1740313000 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
113416000 USD
CY2015 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
231984000 USD
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
68200000 USD
CY2016Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
5900000000 USD
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
7060754000 USD
CY2015Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
117666000 USD
CY2016Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
9417000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
588166000 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
536411000 USD
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
386836000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5264947000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6057932000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6328146000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7060754000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5333905000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5920901000 USD
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
340296000 USD
CY2015 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
139123000 USD
CY2016 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
460957000 USD
CY2014 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
7361000 USD
CY2015 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
13262000 USD
CY2016 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
33792000 USD
CY2014 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
521725000 USD
CY2015Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
146082000 USD
CY2015Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
146227000 USD
CY2015Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
141553000 USD
CY2015Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
147413000 USD
CY2015 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
581275000 USD
CY2016Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
145446000 USD
CY2016Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
160133000 USD
CY2016Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
168348000 USD
CY2016Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
168645000 USD
CY2016 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
642572000 USD
CY2014 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
45197000 USD
CY2014 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
13250000 USD
CY2014 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
172500000 USD
CY2015 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2016 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
410000000 USD
CY2014 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
9845000 USD
CY2014 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
83000000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
153841000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
159524000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
171983000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
12095000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
78.55
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2800000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2700000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2500000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
304000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
298000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
267000 shares
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M
CY2015Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
66.19
CY2014 us-gaap Stock Issued1
StockIssued1
21631000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
166100000 USD
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1877485 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84967720 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83090235 shares
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
48033000 USD
CY2014 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2016 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
123860000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
387398000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
31117000 USD
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-1000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-1000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1692000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1692000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1827000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21092000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
14573000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12208000 USD
CY2016Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
4000000 shares
CY2016Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
4935826 shares
CY2016Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
4988025 shares
CY2016Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
52199 shares
CY2016Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2900000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3170966000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
3542995000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2516160000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2723936000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3234586000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3759317000 USD
CY2014 us-gaap Straight Line Rent
StraightLineRent
31782000 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
46717000 USD
CY2014 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
0 USD
CY2016Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
55.45
CY2015Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
203300000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
654300000 USD
CY2015Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
28800000 USD
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All of our properties and development and redevelopment projects are owned and all of our business is currently conducted in the state of California with the exception of the ownership and operation of </font><font style="font-family:inherit;font-size:10pt;">twelve</font><font style="font-family:inherit;font-size:10pt;">&#160;office properties and </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> near-term development project located in the state of Washington. The ability of tenants to honor the terms of their leases is dependent upon the economic, regulatory, and social factors affecting the communities in which our tenants operate. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">December 31,&#160;2016</font><font style="font-family:inherit;font-size:10pt;">, our 15 largest tenants represented approximately </font><font style="font-family:inherit;font-size:10pt;">37.3%</font><font style="font-family:inherit;font-size:10pt;"> of total annualized base rental revenues. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have deposited cash with financial institutions that is insured by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) up to </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;"> per institution. As of </font><font style="font-family:inherit;font-size:10pt;">December 31,&#160;2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, we had cash accounts in excess of FDIC insured limits. </font></div></div>
CY2016 us-gaap Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize revenue from rent, tenant reimbursements, parking and other revenue once all of the following criteria are met: (i)&#160;the agreement has been fully executed and delivered, (ii)&#160;services have been rendered, (iii)&#160;the amount is fixed or determinable and (iv)&#160;the collectability of the amount is reasonably assured.</font></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Minimum annual rental revenues are recognized in rental revenues on a straight-line basis over the term of the related lease. Rental revenue recognition commences when the tenant takes possession or controls the physical use of the leased space. In order for the tenant to take possession, the leased space must be substantially complete and ready for its intended use. In order to determine whether the leased space is substantially ready for its intended use, we begin by determining whether the Company or the tenant owns the tenant improvements. When we conclude that the Company is the owner of tenant improvements, rental revenue recognition begins when the tenant takes possession of the finished space, which is generally when Company owned tenant improvements are substantially complete. In certain instances, when we conclude that the Company is not the owner (the tenant is the owner) of tenant improvements, rental revenue recognition begins when the tenant takes possession of or controls the space.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When we conclude that the Company is the owner of tenant improvements, we record the cost to construct the tenant improvements, including costs paid for or reimbursed by the tenants, as a capital asset. For these tenant improvements, we record the amount funded by or reimbursed by the tenants as deferred revenue, which is amortized on a straight-line basis as additional rental income over the term of the related lease.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When we conclude that the tenant is the owner of tenant improvements for accounting purposes, we record our contribution towards those improvements as a lease incentive, which is included in deferred leasing costs and acquisition-related intangible assets, net on our consolidated balance sheets and amortized as a reduction to rental income on a straight-line basis over the term of the lease.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For residential properties, we commence revenue recognition upon occupancy of the units by the tenants. Residential rental revenue is recognized on a straight-line basis over the term of the related lease, net of any concessions.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Tenant Reimbursements</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reimbursements from tenants, consisting of amounts due from tenants for common area maintenance, real estate taxes and other recoverable costs, are recognized as revenue in the period the recoverable costs are incurred. Tenant reimbursements are recognized and recorded on a gross basis, as we are generally the primary obligor with respect to purchasing goods and services from third-party suppliers, have discretion in selecting the supplier, and have credit risk.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other Property Income</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other property income primarily includes amounts recorded in connection with lease terminations, tenant bankruptcy settlement payments and property damage settlement related payments. Lease termination fees are amortized over the remaining lease term, if applicable. If there is no remaining lease term, they are recognized when received and realized. Other property income also includes miscellaneous income from tenants, such as fees related to the restoration of leased premises to their original condition and fees for late rental payments.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates.</font></div></div>
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3047894000 USD

Files In Submission

Name View Source Status
0001025996-17-000049-index-headers.html Edgar Link pending
0001025996-17-000049-index.html Edgar Link pending
0001025996-17-000049.txt Edgar Link pending
0001025996-17-000049-xbrl.zip Edgar Link pending
exhibit1048.htm Edgar Link pending
exhibit1049.htm Edgar Link pending
exhibit1050.htm Edgar Link pending
exhibit1051.htm Edgar Link pending
exhibit1052.htm Edgar Link pending
exhibit1053.htm Edgar Link pending
exhibit1055.htm Edgar Link pending
exhibit121.htm Edgar Link pending
exhibit122.htm Edgar Link pending
exhibit211.htm Edgar Link pending
exhibit212.htm Edgar Link pending
exhibit231.htm Edgar Link pending
exhibit232.htm Edgar Link pending
exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
exhibit313.htm Edgar Link pending
exhibit314.htm Edgar Link pending
exhibit321.htm Edgar Link pending
exhibit322.htm Edgar Link pending
exhibit323.htm Edgar Link pending
exhibit324.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10k.htm Edgar Link pending
krc-20161231.xml Edgar Link completed
krc-20161231.xsd Edgar Link pending
krc-20161231_cal.xml Edgar Link unprocessable
krc-20161231_def.xml Edgar Link unprocessable
krc-20161231_lab.xml Edgar Link unprocessable
krc-20161231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R126.htm Edgar Link pending
R127.htm Edgar Link pending
R128.htm Edgar Link pending
R129.htm Edgar Link pending
R13.htm Edgar Link pending
R130.htm Edgar Link pending
R131.htm Edgar Link pending
R132.htm Edgar Link pending
R133.htm Edgar Link pending
R134.htm Edgar Link pending
R135.htm Edgar Link pending
R136.htm Edgar Link pending
R137.htm Edgar Link pending
R138.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tenantbyindustrypiechart3.jpg Edgar Link pending
totalreturnperformance1.jpg Edgar Link pending