2018 Q4 Form 10-Q Financial Statement
#000102599618000246 Filed on October 25, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
Revenue | $190.8M | $186.6M | $177.6M |
YoY Change | 7.48% | 2.77% | 5.29% |
Cost Of Revenue | $54.20M | $54.20M | $49.50M |
YoY Change | 9.49% | 6.27% | 8.79% |
Gross Profit | $136.6M | $132.4M | $128.0M |
YoY Change | 6.72% | 1.46% | 3.9% |
Gross Profit Margin | 71.58% | 70.97% | 72.09% |
Selling, General & Admin | $32.80M | $20.60M | $17.40M |
YoY Change | 88.51% | 32.05% | 8.07% |
% of Gross Profit | 24.01% | 15.56% | 13.59% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $64.90M | $62.70M | $60.20M |
YoY Change | 7.81% | 0.32% | 6.17% |
% of Gross Profit | 47.51% | 47.36% | 47.03% |
Operating Expenses | $97.80M | $137.5M | $77.50M |
YoY Change | 26.19% | 6.5% | 6.31% |
Operating Profit | $38.80M | -$5.119M | $50.50M |
YoY Change | -23.17% | -470.94% | 0.4% |
Interest Expense | -$14.10M | $11.08M | -$12.70M |
YoY Change | 11.02% | -31.43% | -9.29% |
% of Operating Profit | -36.34% | -25.15% | |
Other Income/Expense, Net | -$10.73M | ||
YoY Change | -26.61% | ||
Pretax Income | $166.9M | $38.30M | $32.50M |
YoY Change | 413.54% | -49.27% | -8.19% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $160.2M | $34.40M | $28.53M |
YoY Change | 461.6% | -51.62% | -12.86% |
Net Earnings / Revenue | 83.95% | 18.44% | 16.07% |
Basic Earnings Per Share | $1.59 | $0.34 | $0.28 |
Diluted Earnings Per Share | $1.58 | $0.33 | $0.28 |
COMMON SHARES | |||
Basic Shares Outstanding | 100.7M shares | 100.7M shares | |
Diluted Shares Outstanding | 101.2M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $52.00M | $87.00M | $58.00M |
YoY Change | -10.34% | 33.85% | -69.95% |
Cash & Equivalents | $51.60M | $86.52M | $57.65M |
Short-Term Investments | |||
Other Short-Term Assets | $14.00M | $34.00M | $55.00M |
YoY Change | -74.55% | -30.61% | -22.54% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $20.18M | $17.52M | $16.93M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $353.0M | $400.0M | $376.0M |
YoY Change | -6.12% | 7.53% | -24.19% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $7.072B | $6.955B | $6.193B |
YoY Change | 14.19% | 14.71% | 4.59% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $22.00M | $23.00M | $21.00M |
YoY Change | 4.76% | 21.05% | 40.0% |
Other Assets | $317.0M | $183.0M | $193.0M |
YoY Change | 64.25% | -49.86% | -29.56% |
Total Long-Term Assets | $7.413B | $7.162B | $6.427B |
YoY Change | 15.34% | 10.77% | 3.48% |
TOTAL ASSETS | |||
Total Short-Term Assets | $353.0M | $400.0M | $376.0M |
Total Long-Term Assets | $7.413B | $7.162B | $6.427B |
Total Assets | $7.766B | $7.562B | $6.803B |
YoY Change | 14.15% | 10.59% | 1.43% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $374.0M | $361.0M | $250.0M |
YoY Change | 49.6% | 33.21% | 23.76% |
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 | $422.0M | $408.0M | $293.0M |
YoY Change | 44.03% | 29.94% | -30.9% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.933B | $2.874B | $2.347B |
YoY Change | 24.97% | 18.03% | 1.16% |
Other Long-Term Liabilities | $210.0M | $205.0M | $202.0M |
YoY Change | 3.96% | 6.77% | 0.0% |
Total Long-Term Liabilities | $3.143B | $3.079B | $2.549B |
YoY Change | 23.3% | 17.21% | 1.07% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $422.0M | $408.0M | $293.0M |
Total Long-Term Liabilities | $3.143B | $3.079B | $2.549B |
Total Liabilities | $3.564B | $3.487B | $2.843B |
YoY Change | 25.4% | 10.78% | -3.56% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$48.05M | -$161.7M | -$122.7M |
YoY Change | -60.83% | 13.6% | |
Common Stock | $1.007M | $1.007M | $986.0K |
YoY Change | 2.13% | 5.79% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.930B | $3.805B | $3.701B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.766B | $7.562B | $6.803B |
YoY Change | 14.15% | 10.59% | 1.43% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $160.2M | $34.40M | $28.53M |
YoY Change | 461.6% | -51.62% | -12.86% |
Depreciation, Depletion And Amortization | $64.90M | $62.70M | $60.20M |
YoY Change | 7.81% | 0.32% | 6.17% |
Cash From Operating Activities | $92.80M | $128.4M | $70.50M |
YoY Change | 31.63% | 30.89% | -23.78% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$382.8M | -$141.1M | -$173.0M |
YoY Change | 121.27% | 7.79% | -65.19% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $379.3M | $0.00 | -$5.400M |
YoY Change | -7124.07% | -100.0% | -64.24% |
Cash From Investing Activities | -$3.500M | -$141.1M | -$178.4M |
YoY Change | -98.04% | -499.72% | -65.16% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -4.800M | 48.40M | -69.50M |
YoY Change | -93.09% | -116.98% | -119.21% |
NET CHANGE | |||
Cash From Operating Activities | 92.80M | 128.4M | 70.50M |
Cash From Investing Activities | -3.500M | -141.1M | -178.4M |
Cash From Financing Activities | -4.800M | 48.40M | -69.50M |
Net Change In Cash | 84.50M | 35.70M | -177.4M |
YoY Change | -147.63% | -123.55% | 206.92% |
FREE CASH FLOW | |||
Cash From Operating Activities | $92.80M | $128.4M | $70.50M |
Capital Expenditures | -$382.8M | -$141.1M | -$173.0M |
Free Cash Flow | $475.6M | $269.5M | $243.5M |
YoY Change | 95.32% | 17.69% | -58.69% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
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Amendment Flag
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false | ||
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
CY2018Q3 | krc |
Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Deferred Revenue And Acquisition Related Intangible Assets
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedDeferredRevenueAndAcquisitionRelatedIntangibleAssets
|
3521000 | USD |
CY2018Q3 | krc |
Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Assets
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssets
|
114521000 | USD |
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|
50928000 | USD |
CY2018Q3 | krc |
Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings
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|
59123000 | USD |
CY2018Q3 | krc |
Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles
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|
4470000 | USD |
CY2018Q3 | krc |
Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Liabilities
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|
3521000 | USD |
krc |
Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary
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|
9359000 | USD | |
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Deferred Rent Receivables Gross
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|
249629000 | USD |
krc |
Dividends And Distributions Paid To Preferred Stockholders And Preferred Unitholders
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|
0 | USD | |
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|
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|
121260000 | USD | |
krc |
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|
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Asset Acquisition Recognized Identifiable Assets Acquired Goodwilland Liabilities Assumed Net
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Allowance For Deferred Rent Receivables
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0.95 | ||
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0.67 | |
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|
0.34 | |
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246391000 | USD |
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Common Stock Par Or Stated Value Per Share
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|
0.01 | |
CY2018Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
261003000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
186242000 | USD | |
krc |
Redeemable Preferred Stock Value Including Distributions In Excess Of Earnings
RedeemablePreferredStockValueIncludingDistributionsInExcessOfEarnings
|
200000000 | USD | |
CY2017Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
1076172000 | USD |
us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
9163000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
11075000 | USD |
CY2018Q3 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
1127100000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
46878000 | USD | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6802838000 | USD |
CY2018Q3 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
36717000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
32175000 | USD | |
CY2017Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
4908797000 | USD |
CY2018Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
24300000 | USD |
CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1700000 | USD |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14514000 | USD |
CY2018Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
5056050000 | USD |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
19277000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
71110000 | USD |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
34400000 | USD |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
CY2018Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1500000 | USD |
CY2017Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
39686000 | USD |
us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
16970000 | USD | |
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
24855000 | USD | |
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
37110000 | USD | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | ||
CY2018Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3965405000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
136083000 | USD | |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2309000 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
7562236000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
5800000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
37250000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y9M | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
39507000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
189421000 | USD | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.23 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.225 | ||
CY2018Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
21674000 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1007000 | USD |
CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.425000 | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
816000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.24 | ||
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.455000 | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
5400000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
19000000 | USD | |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
16926000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
86517000 | USD |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-7647000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | ||
CY2018Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4155000 | USD |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2398000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
56599000 | USD | |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
10939000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
43750000 | USD | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
1962000 | USD | |
us-gaap |
Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
|
10 | trading_day | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
185737000 | USD | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
5774000 | USD | |
CY2018Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
17519000 | USD |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.67 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
24700000 | USD | |
CY2017Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2018Q3 | us-gaap |
Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
|
193675000 | USD |
CY2018Q3 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.020 | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4378000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-101729000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
137519000 | USD |
CY2018Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
691000 | USD |
CY2017Q4 | us-gaap |
Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
|
181575000 | USD |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
129120000 | USD |
CY2018Q3 | us-gaap |
Minority Interest
MinorityInterest
|
270161000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
7006000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
276542000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3910000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
66558000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
317215000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
34400000 | USD |
CY2018Q3 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
271000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
259523000 | USD |
CY2017Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
77948000 | USD |
CY2018Q3 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
76486000 | USD |
CY2017Q3 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.021 | |
CY2017Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.021 | |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
CY2017Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
501000 | USD |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
7480000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
645000000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
7417777000 | USD |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
0 | USD | |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
114706000 | USD |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
75488000 | USD |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
12986000 | USD | |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
38310000 | USD |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
297993000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
16553000 | USD | |
us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
0 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
61875000 | USD | |
CY2017Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
55108000 | USD |
CY2018Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1338000 | USD |
CY2017Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1036000 | USD |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
70000000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
7014000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
270839000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
12234000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1264162000 | USD |
CY2018Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
507000 | USD |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
120000000 | USD | |
CY2018Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1411529000 | USD |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
132639000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2278000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14625000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
136083000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
122720000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-47847000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-10733000 | USD |
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
30490000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
34400000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
2842522000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
1460000 | USD | |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7562236000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
4751000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
12841000 | USD | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
1492000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
98195000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
4726000 | USD | |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
289000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-36138000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
385474000 | USD | |
us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
200000000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71110000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
51476000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
409282000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
248600000 | USD |
CY2018Q3 | us-gaap |
Other Commitment
OtherCommitment
|
776500000 | USD |
us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
|
0 | USD | |
us-gaap |
Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
|
311299000 | USD | |
CY2018Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
330000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
37285000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
12234000 | USD | |
CY2018Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1579000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
11992000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
98195000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
40624000 | USD | |
CY2017Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
1394000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
181534000 | USD |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
10000000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
186562000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6918051000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
179276000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13617000 | USD | |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
340800000 | USD |
CY2017Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
16371000 | USD |
CY2018Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
17462000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18901000 | USD | |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
285000000 | USD | |
CY2017Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
154500000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
111036000 | USD | |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | USD | |
CY2018Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
33912000 | USD |
us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
0 | USD | |
us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
308812000 | USD | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
250000000 | USD | |
CY2017Q3 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
808000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6153615000 | USD |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
50000000 | USD | |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
52421000 | USD | |
us-gaap |
Proceeds From Deposits On Real Estate Sales
ProceedsFromDepositsOnRealEstateSales
|
21000000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
182492000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
130744000 | USD | |
us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
15100000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
148075000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2743000 | USD | |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
13363000 | USD | |
CY2018Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
8329580000 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
3744000 | USD |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
250000 | USD | |
CY2018Q3 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
0 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
72675000 | USD |
us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
5774000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
12051000 | USD | |
us-gaap |
Revenues
Revenues
|
556456000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
41000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6714000 | USD | |
us-gaap |
Revenues
Revenues
|
541440000 | USD | |
CY2018Q1 | us-gaap |
Share Price
SharePrice
|
70.37 | |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
50878000 | USD | |
CY2018Q3 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | USD |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001025996 | ||
CY2018Q3 | krc |
Undeveloped Land And Construction In Progress
UndevelopedLandAndConstructionInProgress
|
2146430000 | USD |
CY2017Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
19912000 | USD |
CY2018Q3 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
2900000 | USD |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
311347000 | USD | |
CY2017Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1562000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-805400000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
15100000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
8273000 | USD | |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
1719000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
507904000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-180712000 | USD | |
CY2018Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
143400000 | USD |
CY2017Q3 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
536000 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
4552000 | USD |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
189000000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
0 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
0 | USD | |
us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
0 | USD | |
krc |
Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
|
43324000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19013000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
24678000 | USD | |
CY2017Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6400000 | USD |
CY2018Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8100000 | USD |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
107825000 | USD | |
us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
111029000 | USD | |
us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
2008000 | USD | |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
7589000 | USD | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.335 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD | |
CY2018Q3 | us-gaap |
Secured Debt
SecuredDebt
|
336866000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
19235000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
31880000 | USD | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
46761000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
16151000 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
3487317000 | USD |
us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
2633000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
5740000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
2670000 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
56711000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
9149000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-122685000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-161654000 | USD |