Kilroy Realty reported revenues of $219.4 million and a net income available to common stockholders of $19.6 million, or $0.17 per diluted share, for the second quarter of 2020. The company's stabilized portfolio was 92.3% occupied and 96.0% leased at quarter-end. They collected 95% of contractual second quarter rent billings across all property types.
Stabilized portfolio was 92.3% occupied and 96.0% leased at quarter-end
GAAP rents increased approximately 30.0% from prior levels on leases executed
Collected 95% of contractual second quarter rent billings across all property types
Commenced GAAP revenue recognition on the first phase of 333 Dexter
No specific forward guidance was provided in the earnings report.
Visualization of income flow from segment revenue to net income