2023 Q2 Form 10-Q Financial Statement
#000102599623000113 Filed on April 27, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $284.3M | $292.8M |
YoY Change | 4.83% | 10.28% |
Cost Of Revenue | $85.70M | $84.38M |
YoY Change | 10.96% | 15.4% |
Gross Profit | $198.6M | $208.4M |
YoY Change | 2.39% | 8.34% |
Gross Profit Margin | 69.85% | 71.18% |
Selling, General & Admin | $23.99M | $25.31M |
YoY Change | 1.77% | 6.36% |
% of Gross Profit | 12.08% | 12.14% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $90.36M | $91.67M |
YoY Change | -6.28% | 5.37% |
% of Gross Profit | 45.5% | 43.98% |
Operating Expenses | $114.3M | $203.4M |
YoY Change | -42.02% | 9.58% |
Operating Profit | $84.24M | $5.064M |
YoY Change | -2683.96% | -25.61% |
Interest Expense | -$22.96M | $25.67M |
YoY Change | -214.12% | 24.47% |
% of Operating Profit | -27.26% | 506.93% |
Other Income/Expense, Net | -$22.96M | -$24.21M |
YoY Change | 14.83% | 17.85% |
Pretax Income | $61.28M | $65.23M |
YoY Change | 13.52% | 9.85% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $55.26M | $65.23M |
YoY Change | 2.38% | 9.85% |
Net Earnings / Revenue | 19.44% | 22.28% |
Basic Earnings Per Share | $0.47 | $0.48 |
Diluted Earnings Per Share | $0.47 | $0.48 |
COMMON SHARES | ||
Basic Shares Outstanding | 117.1M shares | 117.1M shares |
Diluted Shares Outstanding | 117.4M shares | 117.4M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $361.9M | $476.4M |
YoY Change | 72.29% | 43.62% |
Cash & Equivalents | $361.9M | $476.4M |
Short-Term Investments | ||
Other Short-Term Assets | $23.44M | $58.82M |
YoY Change | -60.44% | 16.39% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $474.3M | $15.93M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $859.7M | $1.009B |
YoY Change | 19.71% | 23.77% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $9.784B | $9.694B |
YoY Change | 2.58% | 2.31% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $25.79M | $23.29M |
YoY Change | 12.17% | -9.84% |
Other Assets | $234.9M | $243.0M |
YoY Change | -0.62% | -2.11% |
Total Long-Term Assets | $10.05B | $9.960B |
YoY Change | 2.6% | 2.16% |
TOTAL ASSETS | ||
Total Short-Term Assets | $859.7M | $1.009B |
Total Long-Term Assets | $10.05B | $9.960B |
Total Assets | $10.91B | $10.97B |
YoY Change | 3.76% | 3.83% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $377.7M | $418.9M |
YoY Change | 5.73% | 6.88% |
Accrued Expenses | $124.7M | $124.8M |
YoY Change | -0.48% | -0.46% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $566.8M | $608.2M |
YoY Change | 4.12% | 4.99% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.413B | $4.413B |
YoY Change | 8.48% | 8.46% |
Other Long-Term Liabilities | $263.6M | $276.2M |
YoY Change | 5.4% | 9.9% |
Total Long-Term Liabilities | $4.677B | $4.689B |
YoY Change | 8.3% | 8.54% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $566.8M | $608.2M |
Total Long-Term Liabilities | $4.677B | $4.689B |
Total Liabilities | $5.477B | $5.297B |
YoY Change | 12.63% | 8.12% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $248.7M | $257.1M |
YoY Change | -4.36% | -6.24% |
Common Stock | $1.172M | $1.171M |
YoY Change | 0.26% | 0.34% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $5.434B | $5.434B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $10.91B | $10.97B |
YoY Change | 3.76% | 3.83% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $55.26M | $65.23M |
YoY Change | 2.38% | 9.85% |
Depreciation, Depletion And Amortization | $90.36M | $91.67M |
YoY Change | -6.28% | 5.37% |
Cash From Operating Activities | $101.4M | $182.1M |
YoY Change | 1.12% | 1.95% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $138.0M | $121.3M |
YoY Change | -196.3% | -171.64% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$138.0M | -$121.3M |
YoY Change | -3.7% | -28.36% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -77.85M | $68.19M |
YoY Change | -0.94% | -174.38% |
NET CHANGE | ||
Cash From Operating Activities | 101.4M | $182.1M |
Cash From Investing Activities | -138.0M | -$121.3M |
Cash From Financing Activities | -77.85M | $68.19M |
Net Change In Cash | -114.5M | $129.0M |
YoY Change | -5.89% | -256.55% |
FREE CASH FLOW | ||
Cash From Operating Activities | $101.4M | $182.1M |
Capital Expenditures | $138.0M | $121.3M |
Free Cash Flow | -$36.63M | $60.79M |
YoY Change | -115.03% | -82.53% |
Facts In Submission
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CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
56608000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
53128000 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117059329 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116650228 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117406518 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117060094 | shares |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5674961000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
65230000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1365000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11566000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
8363000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
7068000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
0 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.54 | |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
65269000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5672422000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5689870000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
59383000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1942000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6598000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
178659000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
13994000 | usd |
CY2022Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
14842000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
0 | usd |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.52 | |
CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
63196000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5665761000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
65230000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
59383000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
91671000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
87001000 | usd |
CY2023Q1 | krc |
Depreciation Non Real Estate Assets
DepreciationNonRealEstateAssets
|
2005000 | usd |
CY2022Q1 | krc |
Depreciation Non Real Estate Assets
DepreciationNonRealEstateAssets
|
1659000 | usd |
CY2023Q1 | krc |
Provisionfor Doubtful Accounts Including Tenants Lease Agreement
ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement
|
2438000 | usd |
CY2022Q1 | krc |
Provisionfor Doubtful Accounts Including Tenants Lease Agreement
ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement
|
-1311000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10043000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5256000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1355000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
821000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-3033000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-2892000 | usd |
CY2023Q1 | krc |
Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
|
4998000 | usd |
CY2022Q1 | krc |
Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements
NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements
|
4261000 | usd |
CY2023Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
7913000 | usd |
CY2022Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
13847000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
253000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
356000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-2849000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-2657000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
22236000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
43837000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
182136000 | usd |
CY2023Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
100457000 | usd |
CY2022Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
112314000 | usd |
CY2023Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
20891000 | usd |
CY2022Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
17027000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Land
PaymentsToAcquireLand
|
0 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Land
PaymentsToAcquireLand
|
40033000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-121348000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-169374000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
150000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1228000 | usd |
CY2022Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
318000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
8363000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
13994000 | usd |
CY2023Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
7060000 | usd |
CY2022Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
14834000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
63735000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
61161000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1423000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1369000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
68191000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-91676000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
128979000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-82391000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
347379000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
427083000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
476358000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
344692000 | usd |
CY2023Q1 | krc |
Lease Up Properties Maximum Stabilized Occupancy Percentage
LeaseUpPropertiesMaximumStabilizedOccupancyPercentage
|
0.95 | |
CY2023Q1 | krc |
Lease Up Properties Maximum Stabilized Occupancy Duration
LeaseUpPropertiesMaximumStabilizedOccupancyDuration
|
P1Y | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022 | us-gaap |
Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
|
10 | trading_day |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
|
10 | trading_day |
CY2023Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
34700000 | usd |
CY2022Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
44700000 | usd |
CY2023Q1 | krc |
Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Plans
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofPlans
|
1 | compensation_plan |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
10700000 | shares |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11600000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6600000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1500000 | usd |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1300000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
38000000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y8M12D | |
CY2023Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
245835000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
224816000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
46707000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
37081000 | usd |
CY2023Q1 | krc |
Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
|
-2438000 | usd |
CY2022Q1 | krc |
Operating Lease Income Adjustments
OperatingLeaseIncomeAdjustments
|
1311000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
290104000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
263208000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
605426000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
803728000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
784671000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
732810000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
667417000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
621716000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
1861469000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
6077237000 | usd |
CY2023Q1 | us-gaap |
Other Commitment
OtherCommitment
|
561200000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
56608000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
53128000 | usd |
CY2023Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
364000 | usd |
CY2022Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
413000 | usd |
CY2023Q1 | krc |
Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
|
56244000 | usd |
CY2022Q1 | krc |
Net Income Loss Availableto Common Stockholders Basicand Diluted
NetIncomeLossAvailabletoCommonStockholdersBasicandDiluted
|
52715000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117059329 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116650228 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
347189 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
409866 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117406518 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117060094 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
13007000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
16467000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
18029000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8980000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4736000 | usd |
CY2023Q1 | krc |
Payments For Ground Leases
PaymentsForGroundLeases
|
1704000 | usd |
CY2022Q1 | krc |
Payments For Ground Leases
PaymentsForGroundLeases
|
1532000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
81706000 | usd |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
47101000 | usd |
CY2023Q1 | krc |
Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
|
4329000 | usd |
CY2022Q1 | krc |
Tenant Improvements Funded Directly By Tenants To Third Parties
TenantImprovementsFundedDirectlyByTenantsToThirdParties
|
1908000 | usd |
CY2023Q1 | krc |
Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
|
64461000 | usd |
CY2022Q1 | krc |
Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid
CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid
|
61951000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
347379000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
414077000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
13006000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
347379000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
427083000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
476358000 | usd |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
331685000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
476358000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
344692000 | usd |