Below are the financial statements of Kilroy Realty, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Real estate assets | — | — |
Land and improvements | 1,750.82a | 1,743.17a |
Buildings and improvements | 8,598.75a | 8,463.67a |
Undeveloped land and construction in progress | 2,309.62a | 2,034.8a |
Total real estate assets held for investment | 12,659.2a | 12,241.65a |
Accumulated depreciation and amortization | -2,824.62a | -2,518.3a |
Total real estate assets held for investment, net | 9,834.58a | 9,723.34a |
Assets | — | — |
Cash and cash equivalents | 165.69a | 510.16a |
Marketable securities | 27.97a | 284.67a |
Current receivables, net | 11.03a | 13.61a |
Deferred rent receivables, net | 452a | 460.98a |
Deferred leasing costs and acquisition-related intangible assets, net | 225.94a | 229.71a |
Right of use ground lease assets | 129.22a | 125.51a |
Prepaid expenses and other assets, net | 51.94a | 53.07a |
Total assets | 10,898.36a | 11,401.05a |
Liabilities | — | — |
Secured debt, net | 598.2a | 603.23a |
Unsecured debt, net | 3,999.57a | 4,325.15a |
Accounts payable, accrued expenses and other liabilities | 285.01a | 371.18a |
Ground lease liabilities | 128.42a | 124.35a |
Accrued dividends and distributions | 64.85a | 64.44a |
Deferred revenue and acquisition-related intangible liabilities, net | 142.44a | 173.64a |
Rents received in advance and tenant security deposits | 71a | 79.36a |
Total liabilities | 5,289.49a | 5,741.35a |
Stockholders’ equity | — | — |
Common stock | 1.18a | 1.17a |
Additional paid-in capital | 5,209.65a | 5,205.84a |
Retained earnings | 171.21a | 221.15a |
Total stockholders’ equity | 5,382.05a | 5,428.16a |
Noncontrolling interests | — | — |
Common units of the operating partnership | 52.47a | 53.28a |
Noncontrolling interests in consolidated property partnerships | 174.35a | 178.26a |
Total noncontrolling interests | 226.82a | 231.53a |
Total equity | 5,608.87a | 5,659.69a |
Total liabilities and equity | 10,898.36a | 11,401.05a |
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