| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 285,531 | 123,249 |
| Depreciation and amortization of real estate assets and leasing costs | 258,058 | 171,978 |
| Depreciation of non-real estate furniture, fixtures, and equipment | 4,173 | 2,766 |
| Revenues deemed uncollectible | 990 | 820 |
| Non-cash amortization of deferred revenue related to tenant-funded tenant improvements | 11,097 | 7,458 |
| Straight-line rents, net | -9,270 | -7,967 |
| Non-cash amortization of net below market rents | -2,455 | -1,691 |
| Non-cash amortization of deferred financing costs and debt discounts | 3,615 | 2,397 |
| Non-cash amortization of share-based compensation awards | 13,945 | 8,509 |
| Amortization of right of use ground lease assets | 826 | 548 |
| Gains on sales of depreciable operating properties (note 3) | 127,038 | 16,554 |
| Net change in other operating assets | 17,660 | 15,347 |
| Net change in other operating liabilities | 39,077 | 3,483 |
| Net cash provided by operating activities | 457,235 | 280,667 |
| Expenditures for development and redevelopment properties and undeveloped land | 123,857 | 81,743 |
| Expenditures for operating properties and other capital assets | 74,507 | 46,621 |
| Expenditures for acquisitions of operating properties (note 2) | 205,008 | - |
| Net proceeds received from dispositions (note 3) | 392,453 | 28,021 |
| Maturity of certificates of deposit | 0 | 0 |
| Net cash used in investing activities | -10,919 | -100,343 |
| Distributions to noncontrolling interests in consolidated property partnerships | 26,312 | 14,324 |
| Dividends and distributions paid to common stockholders and common unitholders | 193,356 | 128,855 |
| Repurchase of common stock and restricted stock units | 6,419 | 6,206 |
| Financing costs | 4,805 | 407 |
| Principal payments and repayments of secured debt | 4,662 | 3,093 |
| Proceeds from the issuance of unsecured debt (note 5) | 395,964 | 0 |
| Repayments of unsecured debt (note 5) | 400,000 | 0 |
| Borrowings on unsecured revolving credit facility | 65,000 | - |
| Repayments on unsecured revolving credit facility | 65,000 | - |
| Net cash used in financing activities | -239,590 | -152,885 |
| Net increase in cash and cash equivalents and restricted cash | 206,726 | 27,439 |
| Cash and cash equivalents at beginning of period | 165,690 | - |
| Cash and cash equivalents at end of period | 372,416 | - |
KILROY REALTY CORP (KRC)
KILROY REALTY CORP (KRC)