$KRC
Kilroy Realty Corp Stock $krc

$krc Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000102599624000136 Filed on May 03, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$280.7M	$278.6M
YoY Change	-1.25%	-4.86%
Cost Of Revenue	$91.28M	$89.31M
YoY Change	6.52%	5.85%
Gross Profit	$189.4M	$189.3M
YoY Change	-4.6%	-9.19%
Gross Profit Margin	67.48%	67.94%
Selling, General & Admin	$21.07M	$19.86M
YoY Change	-12.15%	-21.53%
% of Gross Profit	11.12%	10.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$87.15M	$86.46M
YoY Change	-3.55%	-5.68%
% of Gross Profit	46.0%	45.68%
Operating Expenses	$199.5M	$197.2M
YoY Change	74.47%	-3.03%
Operating Profit	-$10.06M	-$7.930M
YoY Change	-111.94%	-256.6%
Interest Expense	-$26.68M	$38.87M
YoY Change	16.19%	51.42%
% of Operating Profit
Other Income/Expense, Net	-$26.68M	-$25.68M
YoY Change	16.19%	6.07%
Pretax Income	$54.55M	$55.70M
YoY Change	-10.98%	-14.61%
Income Tax
% Of Pretax Income
Net Earnings	$54.55M	$55.70M
YoY Change	-1.29%	-14.61%
Net Earnings / Revenue	19.43%	19.99%
Basic Earnings Per Share	$0.41	$0.42
Diluted Earnings Per Share	$0.41	$0.42
COMMON SHARES
Basic Shares Outstanding	117.4M shares	117.3M shares
Diluted Shares Outstanding	117.7M shares	118.0M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$868.5M	$964.5M
YoY Change	140.0%	102.48%
Cash & Equivalents	$835.9M	$855.0M
Short-Term Investments	$32.65M	$109.5M
Other Short-Term Assets	$15.78M	$4.053M
YoY Change	-32.68%	-93.11%
Inventory
Prepaid Expenses
Receivables	$10.23M	$13.29M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.320B	$1.330B
YoY Change	53.56%	31.8%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.948B	$9.909B
YoY Change	1.68%	2.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$32.65M	$109.5M
YoY Change	26.61%	370.26%
Other Assets	$237.3M	$244.7M
YoY Change	1.03%	0.71%
Total Long-Term Assets	$10.22B	$10.27B
YoY Change	1.71%	3.1%
TOTAL ASSETS
Total Short-Term Assets	$1.320B	$1.330B
Total Long-Term Assets	$10.22B	$10.27B
Total Assets	$11.54B	$11.60B
YoY Change	5.8%	5.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$361.8M	$401.9M
YoY Change	-4.23%	-4.06%
Accrued Expenses	$128.8M	$129.0M
YoY Change	3.3%	3.31%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$555.7M	$596.0M
YoY Change	-1.97%	-2.01%
LONG-TERM LIABILITIES
Long-Term Debt	$5.121B	$5.120B
YoY Change	16.03%	16.04%
Other Long-Term Liabilities	$233.3M	$240.2M
YoY Change	-11.5%	-13.03%
Total Long-Term Liabilities	$5.354B	$5.361B
YoY Change	14.48%	14.33%
TOTAL LIABILITIES
Total Short-Term Liabilities	$555.7M	$596.0M
Total Long-Term Liabilities	$5.354B	$5.361B
Total Liabilities	$5.909B	$5.956B
YoY Change	7.9%	12.45%
SHAREHOLDERS EQUITY
Retained Earnings	$187.8M	$203.1M
YoY Change	-24.49%	-21.0%
Common Stock	$1.174M	$1.174M
YoY Change	0.17%	0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.406B	$5.413B
YoY Change
Total Liabilities & Shareholders Equity	$11.54B	$11.60B
YoY Change	5.8%	5.74%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$54.55M	$55.70M
YoY Change	-1.29%	-14.61%
Depreciation, Depletion And Amortization	$87.15M	$86.46M
YoY Change	-3.55%	-5.68%
Cash From Operating Activities	$88.69M	$167.9M
YoY Change	-12.54%	-7.83%
INVESTING ACTIVITIES
Capital Expenditures	$114.3M	$101.5M
YoY Change	-17.21%	-16.38%
Acquisitions
YoY Change
Other Investing Activities	$78.26M	$178.3M
YoY Change
Cash From Investing Activities	-$36.03M	$76.85M
YoY Change	-73.9%	-163.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-71.77M	$100.1M
YoY Change	-7.8%	46.83%
NET CHANGE
Cash From Operating Activities	88.69M	$167.9M
Cash From Investing Activities	-36.03M	$76.85M
Cash From Financing Activities	-71.77M	$100.1M
Net Change In Cash	-19.11M	$344.8M
YoY Change	-83.3%	167.36%
FREE CASH FLOW
Cash From Operating Activities	$88.69M	$167.9M
Capital Expenditures	$114.3M	$101.5M
Free Cash Flow	-$25.60M	$66.39M
YoY Change	-30.12%	9.22%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	128966000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	124353000	usd
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	us-gaap	Type Of Revenue Extensible List TypeOfRevenueExtensibleList	http://fasb.org/us-gaap/2023#ServiceMember
CY2023Q1	us-gaap	Type Of Revenue Extensible List TypeOfRevenueExtensibleList	http://fasb.org/us-gaap/2023#ServiceMember
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3691000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2698000	usd
CY2024Q1	us-gaap	Revenues Revenues	278581000	usd
CY2023Q1	us-gaap	Revenues Revenues	292802000	usd
CY2024Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	57320000	usd
CY2023Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	53780000	usd
CY2024Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	29239000	usd
CY2023Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	28228000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	2752000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	2369000	usd
CY2024Q1	krc	Interest Income And Other Net Investment Gain Loss InterestIncomeAndOtherNetInvestmentGainLoss	13190000	usd
CY2023Q1	krc	Interest Income And Other Net Investment Gain Loss InterestIncomeAndOtherNetInvestmentGainLoss	1460000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	38871000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	25671000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-25681000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	17579000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	23936000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	2279000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1372000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	88031000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	93676000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	197200000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	203361000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-24211000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	55700000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	65230000	usd
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	502000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	560000	usd
CY2024Q1	krc	Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedSubsidiary	5278000	usd
CY2023Q1	krc	Net Income Loss Attributableto Noncontrolling Interestin Consolidated Subsidiary NetIncomeLossAttributabletoNoncontrollingInterestinConsolidatedSubsidiary	8062000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5780000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8622000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	49920000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	56608000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117337666	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117059329	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	117960926	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	117406518	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5659693000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4017000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4727000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	5898000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6898000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	0	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.54
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	68610000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5642731000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	55700000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	65230000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	86460000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	91671000	usd
CY2024Q1	krc	Depreciation Non Real Estate Assets DepreciationNonRealEstateAssets	1571000	usd
CY2023Q1	krc	Depreciation Non Real Estate Assets DepreciationNonRealEstateAssets	2005000	usd
CY2024Q1	krc	Provisionfor Doubtful Accounts Including Tenants Lease Agreement ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement	3883000	usd
CY2023Q1	krc	Provisionfor Doubtful Accounts Including Tenants Lease Agreement ProvisionforDoubtfulAccountsIncludingTenantsLeaseAgreement	2438000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3381000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	10043000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1757000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	1355000	usd
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-904000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-3033000	usd
CY2024Q1	krc	Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements	4969000	usd
CY2023Q1	krc	Noncash Amortization Of Deferred Revenue Related To Tenant Funded Tenant Improvements NoncashAmortizationOfDeferredRevenueRelatedToTenantFundedTenantImprovements	4998000	usd
CY2024Q1	us-gaap	Straight Line Rent StraightLineRent	2123000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	7913000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	262000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	253000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	3594000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-2849000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	26445000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	22236000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	167869000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	182136000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	178325000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	0	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	85495000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	100457000	usd
CY2024Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	15981000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	20891000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	76849000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-121348000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5898000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8363000	usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	6890000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	7060000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	63931000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	63735000	usd
CY2024Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	17192000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1228000	usd
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1479000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1423000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	395516000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	usd
CY2024Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	200000000	usd
CY2023Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	usd
CY2024Q1	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	0	usd
CY2023Q1	us-gaap	Proceeds From Unsecured Notes Payable ProceedsFromUnsecuredNotesPayable	150000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	100126000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	68191000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	344844000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	128979000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	510163000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	347379000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	855007000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	476358000	usd
CY2024Q1	krc	Lease Up Properties Maximum Stabilized Occupancy Percentage LeaseUpPropertiesMaximumStabilizedOccupancyPercentage	0.95
CY2024Q1	krc	Lease Up Properties Maximum Stabilized Occupancy Duration LeaseUpPropertiesMaximumStabilizedOccupancyDuration	P1Y
CY2024Q1	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	31257000	usd
CY2023Q4	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	28089000	usd
CY2024Q1	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	78256000	usd
CY2023Q4	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	256581000	usd
CY2024Q1	us-gaap	Marketable Securities MarketableSecurities	109513000	usd
CY2023Q4	us-gaap	Marketable Securities MarketableSecurities	284670000	usd
CY2024Q1	krc	Furniture And Fixtures Net FurnitureAndFixturesNet	37028000	usd
CY2023Q4	krc	Furniture And Fixtures Net FurnitureAndFixturesNet	37073000	usd
CY2024Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	22253000	usd
CY2023Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	10532000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	6307000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	5464000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	65588000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	53069000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Debt Instrument Convertible Threshold Trading Days DebtInstrumentConvertibleThresholdTradingDays	10	trading_day
CY2024Q1	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	41300000	usd
CY2023Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Fair Value RedeemableNoncontrollingInterestEquityCommonFairValue	47000000	usd
CY2024Q1	krc	Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Plans SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofPlans	1	compensation_plan
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	12600000	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2100000	shares
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4700000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11600000	usd
CY2024Q1	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 Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1500000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	35200000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y
CY2024Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	230315000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	245835000	usd
CY2024Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	48458000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	46707000	usd
CY2024Q1	krc	Operating Lease Income Adjustments OperatingLeaseIncomeAdjustments	-3883000	usd
CY2023Q1	krc	Operating Lease Income Adjustments OperatingLeaseIncomeAdjustments	-2438000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	274890000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	290104000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	608984000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	808474000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	765873000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	706957000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	665823000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	579246000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	1501596000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	5636953000	usd
CY2024Q1	us-gaap	Other Commitment OtherCommitment	293800000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0467
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P63Y
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	1000000	usd
CY2024Q1	us-gaap	Variable Lease Cost VariableLeaseCost	1000000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	5052000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	6772000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	6809000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	6850000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	6869000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	6869000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	367744000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	406965000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	277999000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	128966000	usd
CY2024Q1	krc	Period For Ground Lease Rentals Adjustment PeriodForGroundLeaseRentalsAdjustment	P5Y
CY2024Q1	krc	Period For Ground Lease Rentals Adjustment PeriodForGroundLeaseRentalsAdjustment	P5Y
CY2024Q1	krc	Ground Lease Minimum Rent Increase Periodof Increase Two GroundLeaseMinimumRentIncreasePeriodofIncreaseTwo	P10Y
CY2024Q1	krc	Ground Lease Minimum Rent Increase Percentageof Annual Percentage Rent Two GroundLeaseMinimumRentIncreasePercentageofAnnualPercentageRentTwo	0.60
CY2024Q1	krc	Ground Lease Previous Period Included In Average Annual Rent Percentage Rent Two GroundLeasePreviousPeriodIncludedInAverageAnnualRentPercentageRentTwo	P3Y
CY2024Q1	krc	Ground Lease Minimum Rent Increase Five Years Percentageof Annual Percentage Rent GroundLeaseMinimumRentIncreaseFiveYearsPercentageofAnnualPercentageRent	0.05
CY2024Q1	krc	Ground Lease Minimum Rent Increase Percentage Of Annual Percentage Rent GroundLeaseMinimumRentIncreasePercentageOfAnnualPercentageRent	0.02
CY2024Q1	krc	Ground Lease Reset Period GroundLeaseResetPeriod	P10Y
CY2024Q1	krc	Remaining Ground Lease Obligation Period RemainingGroundLeaseObligationPeriod	P10Y
CY2024Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	49920000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	56608000	usd
CY2024Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	799000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	364000	usd
CY2024Q1	krc	Net Income Loss Available To Common Stockholders NetIncomeLossAvailableToCommonStockholders	49121000	usd
CY2023Q1	krc	Net Income Loss Available To Common Stockholders NetIncomeLossAvailableToCommonStockholders	56244000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117337666	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117059329	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	623260	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	347189	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	117960926	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	117406518	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2024Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	18697000	usd
CY2023Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	16467000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	16336000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	8980000	usd
CY2024Q1	krc	Payments For Ground Leases PaymentsForGroundLeases	1560000	usd
CY2023Q1	krc	Payments For Ground Leases PaymentsForGroundLeases	1704000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	57027000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	81706000	usd
CY2024Q1	krc	Tenant Improvements Funded Directly By Tenants To Third Parties TenantImprovementsFundedDirectlyByTenantsToThirdParties	603000	usd
CY2023Q1	krc	Tenant Improvements Funded Directly By Tenants To Third Parties TenantImprovementsFundedDirectlyByTenantsToThirdParties	4329000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4782000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2024Q1	krc	Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid	65111000	usd
CY2023Q1	krc	Common Stockholders And Unitholders Dividends And Distributions Declared But Not Paid CommonStockholdersAndUnitholdersDividendsAndDistributionsDeclaredButNotPaid	64461000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	510163000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	347379000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	510163000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	347379000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	855007000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	476358000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	855007000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	476358000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001025996-24-000136-index-headers.html	Edgar Link	pending
0001025996-24-000136-index.html	Edgar Link	pending
0001025996-24-000136.txt	Edgar Link	pending
0001025996-24-000136-xbrl.zip	Edgar Link	pending
exhibit101.htm	Edgar Link	pending
exhibit102.htm	Edgar Link	pending
exhibit103.htm	Edgar Link	pending
exhibit104.htm	Edgar Link	pending
exhibit105.htm	Edgar Link	pending
exhibit311.htm	Edgar Link	pending
exhibit312.htm	Edgar Link	pending
exhibit313.htm	Edgar Link	pending
exhibit314.htm	Edgar Link	pending
exhibit321.htm	Edgar Link	pending
exhibit322.htm	Edgar Link	pending
exhibit323.htm	Edgar Link	pending
exhibit324.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
krc-20240331.htm	Edgar Link	pending
krc-20240331.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
krc-20240331_cal.xml	Edgar Link	unprocessable
krc-20240331_def.xml	Edgar Link	unprocessable
krc-20240331_lab.xml	Edgar Link	unprocessable
krc-20240331_pre.xml	Edgar Link	unprocessable
krc-20240331_htm.xml	Edgar Link	completed
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R65.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$KRC
Kilroy Realty Corp Stock $krc

2024 Q2 Form 10-Q Financial Statement

#000102599624000136 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRC Kilroy Realty Corp Stock $krc

2024 Q2 Form 10-Q Financial Statement

#000102599624000136 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRC
Kilroy Realty Corp Stock $krc