Dispositions and Real Estate Held for Sale |
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| Discontinued Operations and Disposal Groups [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dispositions and Real Estate Held for Sale | Dispositions and Real Estate Held for Sale Operating Property Dispositions The following table summarizes the operating properties sold during the three months ended March 31, 2026:
(1)Represents gross sales price before broker commissions, closing costs, and purchase price credits. (2)Kilroy Sabre Springs included the following buildings: 13480, 13500, and 13520 Evening Creek Drive North, San Diego, CA. Real Estate and Other Assets Held for Sale, net As of March 31, 2026, we classified the 200-unit Columbia Square Living residential property located at 1550 N. El Centro Avenue, Los Angeles, CA and the 193-unit Jardine residential property located at 6390 De Longpre Avenue, Los Angeles, CA as held for sale. During the three months ended March 31, 2026, we recognized an impairment charge of approximately $61.8 million to reduce the carrying amount of these properties to their current fair value, less estimated closing costs. The sale of these properties closed in April for a gross sales price of $202.0 million. The major classes of real estate and other assets, net, of the properties classified as held for sale as of March 31, 2026 were as follows:
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