$KRC
Kilroy Realty Corp

2021 Q2 Form 10-Q Financial Statement

#000102599621000171 Filed on July 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $226.0M $219.4M
YoY Change 2.99% 9.44%
Cost Of Revenue $64.61M $62.00M
YoY Change 4.22% 5.8%
Gross Profit $161.4M $157.4M
YoY Change 2.52% 10.92%
Gross Profit Margin 71.41% 71.73%
Selling, General & Admin $25.39M $25.80M
YoY Change -1.59% 14.67%
% of Gross Profit 15.73% 16.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.62M $80.10M
YoY Change -8.09% 17.28%
% of Gross Profit 45.62% 50.89%
Operating Expenses $163.6M $182.0M
YoY Change -10.13% 21.89%
Operating Profit -$2.224M -$24.63M
YoY Change -90.97% 231.2%
Interest Expense $21.39M $15.88M
YoY Change 34.66% 35.45%
% of Operating Profit
Other Income/Expense, Net -$19.51M -$13.05M
YoY Change 49.55% 230.95%
Pretax Income $42.88M $24.40M
YoY Change 75.74% -48.31%
Income Tax
% Of Pretax Income
Net Earnings $42.88M $19.62M
YoY Change 118.57% -53.51%
Net Earnings / Revenue 18.97% 8.94%
Basic Earnings Per Share $0.30 $0.17
Diluted Earnings Per Share $0.30 $0.17
COMMON SHARES
Basic Shares Outstanding 116.5M shares 115.1M shares
Diluted Shares Outstanding 116.9M shares 115.5M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $519.3M $605.0M
YoY Change -14.16% 1063.46%
Cash & Equivalents $519.3M $605.0M
Short-Term Investments
Other Short-Term Assets $26.82M $15.00M
YoY Change 78.77% -16.67%
Inventory
Prepaid Expenses
Receivables $394.2M $380.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $940.4M $1.000B
YoY Change -5.96% 153.16%
LONG-TERM ASSETS
Property, Plant & Equipment $8.834B $8.409B
YoY Change 5.05% 12.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $25.89M $23.00M
YoY Change 12.54% -8.0%
Other Assets $635.0M $226.0M
YoY Change 180.96% 7.62%
Total Long-Term Assets $9.494B $8.659B
YoY Change 9.65% 12.45%
TOTAL ASSETS
Total Short-Term Assets $940.4M $1.000B
Total Long-Term Assets $9.494B $8.659B
Total Assets $10.43B $9.659B
YoY Change 8.04% 19.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $429.2M $401.0M
YoY Change 7.02% 3.89%
Accrued Expenses $143.9M $98.00M
YoY Change 46.82% 12.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $632.5M $557.0M
YoY Change 13.56% 6.3%
LONG-TERM LIABILITIES
Long-Term Debt $3.923B $3.655B
YoY Change 7.34% 14.65%
Other Long-Term Liabilities $185.6M $193.0M
YoY Change -3.81% -1.53%
Total Long-Term Liabilities $4.109B $3.848B
YoY Change 6.78% 13.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $632.5M $557.0M
Total Long-Term Liabilities $4.109B $3.848B
Total Liabilities $4.741B $4.405B
YoY Change 7.63% 12.72%
SHAREHOLDERS EQUITY
Retained Earnings $311.5M -$113.2M
YoY Change -375.08% 60.95%
Common Stock $1.165M $1.152M
YoY Change 1.13% 14.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.447B $4.972B
YoY Change
Total Liabilities & Shareholders Equity $10.43B $9.659B
YoY Change 8.04% 19.32%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $42.88M $19.62M
YoY Change 118.57% -53.51%
Depreciation, Depletion And Amortization $73.62M $80.10M
YoY Change -8.09% 17.28%
Cash From Operating Activities $72.27M $101.1M
YoY Change -28.52% 53.41%
INVESTING ACTIVITIES
Capital Expenditures -$713.5M -$162.9M
YoY Change 337.97% -26.22%
Acquisitions
YoY Change
Other Investing Activities -$3.441M
YoY Change
Cash From Investing Activities -$717.0M -$162.9M
YoY Change 340.15% -19.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -72.13M -95.30M
YoY Change -24.31% -167.88%
NET CHANGE
Cash From Operating Activities 72.27M 101.1M
Cash From Investing Activities -717.0M -162.9M
Cash From Financing Activities -72.13M -95.30M
Net Change In Cash -716.9M -157.1M
YoY Change 356.31% -5710.71%
FREE CASH FLOW
Cash From Operating Activities $72.27M $101.1M
Capital Expenditures -$713.5M -$162.9M
Free Cash Flow $785.7M $264.0M
YoY Change 197.62% -7.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Current Fiscal Year End Date
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dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
KILROY REALTY CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
12200 W. Olympic Boulevard
dei Entity Address Address Line2
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Suite 200
dei Entity Address City Or Town
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Los Angeles
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310
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dei Security12b Title
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dei Security Exchange Name
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9604000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2021Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
21137000 USD
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
11680000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.500
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
60577000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5702892000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
42880000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
645000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11193000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4692000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.500
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
59453000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5693465000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4570858000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
45418000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
721794000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1720000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8653000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
9799000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2617000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.485
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
58512000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5277515000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
24352000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-45000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
805000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13576000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2020Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
735000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4281000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.485
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
57598000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5253589000 USD
us-gaap Profit Loss
ProfitLoss
550291000 USD
us-gaap Profit Loss
ProfitLoss
69770000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
146468000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
148419000 USD
krc Depreciation Non Real Estate Assets
DepreciationNonRealEstateAssets
3053000 USD
krc Depreciation Non Real Estate Assets
DepreciationNonRealEstateAssets
6036000 USD
krc Provisionfor Doubtful Accounts Including Tenants Lease Agreement
ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement
746000 USD
krc Provisionfor Doubtful Accounts Including Tenants Lease Agreement
ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement
12381000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17415000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
18311000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1590000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1076000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-2194000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-4500000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
457831000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
krc Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
8915000 USD
krc Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
8793000 USD
us-gaap Straight Line Rent
StraightLineRent
31029000 USD
us-gaap Straight Line Rent
StraightLineRent
33514000 USD
krc Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
424000 USD
krc Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
408000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
3622000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-13991000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
70000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
437000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
216466000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
224022000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
263227000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
293711000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
63903000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
80630000 USD
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
586927000 USD
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
1013359000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
4000000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
95302000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-374341000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2645000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2543000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7569000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2283000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
21137000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10534000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
16389000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6915000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
117394000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
109187000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
721749000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
350000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
190000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
435000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-165134000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
695287000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
146634000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
544968000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
823130000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76344000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
969764000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
621312000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
krc Lease Up Properties Maximum Stabilized Occupancy Percentage
LeaseUpPropertiesMaximumStabilizedOccupancyPercentage
0.95
krc Lease Up Properties Maximum Stabilized Occupancy Duration
LeaseUpPropertiesMaximumStabilizedOccupancyDuration
P1Y
krc Number Of Development Property Transactions
NumberOfDevelopmentPropertyTransactions
2 numberofaquisitiontransactions
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
622200000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
457800000 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
500000 USD
CY2021Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
40679000 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
43367000 USD
CY2021Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
26815000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
10193000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
67494000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
53560000 USD
CY2018Q2 krc At Market Stock Aggregate Gross Sales Priceof Common Stock
AtMarketStockAggregateGrossSalesPriceofCommonStock
500000000.0 USD
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
us-gaap Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
10 trading_day
CY2021Q2 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
81700000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
65400000 USD
CY2021Q2 krc Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Plans
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofPlans
1 compensation_plan
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
10700000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1400000 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11200000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13600000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20800000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22200000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1700000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3400000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2000000.0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3900000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
41800000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y6M
CY2021Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
197846000 USD
CY2020Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
194486000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
402062000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
387961000 USD
CY2021Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
26339000 USD
CY2020Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
29764000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
57814000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
61409000 USD
CY2021Q2 krc Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
288000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
440411000 USD
CY2020Q2 krc Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
-5894000 USD
krc Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
-747000 USD
krc Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
-12381000 USD
CY2021Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
224473000 USD
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
218356000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
459129000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
436989000 USD
CY2020Q2 krc Operating Lease Income Adjustments Transitioning Tenantsto Cash Basis
OperatingLeaseIncomeAdjustmentsTransitioningTenantstoCashBasis
-5900000 USD
krc Operating Lease Income Adjustments Transitioning Tenantsto Cash Basis
OperatingLeaseIncomeAdjustmentsTransitioningTenantstoCashBasis
-12400000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
352227000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
782849000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
768461000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
728204000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
690384000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
635807000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
2509266000 USD
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
6467198000 USD
CY2021Q2 us-gaap Other Commitment
OtherCommitment
1000000000.0 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0474
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P66Y
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
600000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
900000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
900000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1700000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3699000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7435000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7489000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7525000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7561000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7597000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
481717000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
337832000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
143885000 USD
krc Period For Ground Lease Rentals Adjustment
PeriodForGroundLeaseRentalsAdjustment
P5Y
krc Annual Ground Lease Rental Obligations Maximum
AnnualGroundLeaseRentalObligationsMaximum
1000000.0 USD
krc Annual Ground Lease Rental Obligations Maximum
AnnualGroundLeaseRentalObligationsMaximum
1000000.0 USD
krc Period For Ground Lease Rentals Adjustment
PeriodForGroundLeaseRentalsAdjustment
P5Y
krc Ground Lease Minimum Rent Increase Percentage Of Annual Percentage Rent
GroundLeaseMinimumRentIncreasePercentageOfAnnualPercentageRent
0.50
krc Ground Lease Previous Period Includedin Average Annual Rent Percentage
GroundLeasePreviousPeriodIncludedinAverageAnnualRentPercentage
P5Y
krc Period For Ground Lease Rentals Adjustment
PeriodForGroundLeaseRentalsAdjustment
P5Y
krc Ground Lease Minimum Rent Increase Period Increase Two
GroundLeaseMinimumRentIncreasePeriodIncreaseTwo
P10Y
krc Ground Lease Minimum Rent Increase Percentageof Annual Percentage Rent Two
GroundLeaseMinimumRentIncreasePercentageofAnnualPercentageRentTwo
0.60
krc Ground Lease Previous Period Includedin Average Annual Rent Percentage Rent Two
GroundLeasePreviousPeriodIncludedinAverageAnnualRentPercentageRentTwo
P3Y
krc Ground Lease Minimum Rent Increase Five Years Percentageof Annual Percentage Rent
GroundLeaseMinimumRentIncreaseFiveYearsPercentageofAnnualPercentageRent
0.05
krc Ground Lease Minimum Annual Rent Increase Percentage Of Annual Percentage Rent
GroundLeaseMinimumAnnualRentIncreasePercentageOfAnnualPercentageRent
0.02
krc Ground Lease Reset Period
GroundLeaseResetPeriod
P10Y
krc Remaining Ground Lease Obligation Period
RemainingGroundLeaseObligationPeriod
P10Y
CY2020Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
19618000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
533470000 USD
CY2021Q2 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
1261000 USD
CY2020Q2 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
2662000 USD
us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
2565000 USD
us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
-564000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35839000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
59435000 USD
CY2021Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
371000 USD
CY2020Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
542000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
736000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1085000 USD
CY2021Q2 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
35468000 USD
CY2020Q2 krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
19076000 USD
krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
532734000 USD
krc Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
58350000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116451931 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115084897 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116398450 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110980066 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
465532 shares
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
454828 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
461295 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
484581 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
116917463 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115539725 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
116859745 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111464647 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.58
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
33244000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
39952000 USD
us-gaap Interest Paid Net
InterestPaidNet
41520000 USD
us-gaap Interest Paid Net
InterestPaidNet
25494000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
2887000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
2905000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
85490000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
131892000 USD
krc Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
4265000 USD
krc Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
7210000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
37572000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
46430000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
46430000 USD
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 USD
krc Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
59455000 USD
krc Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
57600000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
3843000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
731991000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60044000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
91139000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16300000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
823130000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76344000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
519307000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
605012000 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
450457000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16300000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
969764000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
621312000 USD

Files In Submission

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